Fuel Injection Network€¦ · significant. Therefore, you should carefully consider which one is better for you among trading or possessing cryptocurrency in light of your financial

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FIN TOKEN [ Fuel Injection Network ] FIN

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Fuel Injection Network

F I N T O K E N

WHITE PAPER

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CONTENTS

1. Instruction of FIN

Instruction of FIN Token

- Background of FIN Token

- Vision of FIN Token

2. Issuance of FIN Token and Distribution

Structure

1) Issuance of FIN

2) Distribution Structure of FIN

3. Ecosystem

4. Road_map

5. Disclaimer

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1. Instruction of FIN

INSTRUCTION OF FIN TOKEN

Background of FIN token

At the same time, I thought that FIN token should be used without any

inconvenience in real life and it was made to practice the thought.

It is not a coin with complicated technology but it is designed to be used in a simple

ecosystem.

Vision of FIN token

FIN tokens are used not only in Korea but also in some parts of Eastern Europe,

including Russia. In overseas country, it is in cooperation with Nord Gas Trading and

people make the real VISA card and use it well.

In Korea, we have a real payment system through agreement with PayG, which has

more than 120,000 affiliate stores. It is a coin that can be used in real life, not just a

coin on the exchange.

Swap will accelerate the development of other ecosystems. The amount of FIN tokens

that are swapped will speed up the progress of new projects and increase the value

of FIN.

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2. Issuance of FIN Token and

Distribution Structure

Issuance of FIN Token and Distribution Structure

[ FIN Token ]

* Issuance of FIN

Symbol : FIN

TYPE : ERC20 / Utility

Total Issue Volume 1,000,000,000

Lock-up Volume 500,000,000(Provided to partner)

Distribution Volume 400,000,000

Incineration Volume 100,000,000

* Distribution structure of FIN and plan for fund use

Expenses for business development and expansion 100,000,000

Pre-sale 198,924,680

DEVELOPMENT

ICO

COMPANY

DEL

50% 40%

10%

LOCKUP

SALE

DEL

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Company reserve 100,000,000

Incineration 101,075,320

3. Ecosystem

3.1 Listed in Korea large exchanges

FIN Token is listed on Bitsonic, one of the largest exchanges in Korea where the Korean

currency can be traded. Not only in Bitsonic, it will be listed on many exchanges, making it

easy for ordinary holders to use it in real life.

3.2 MOU with suppliers for real-life use in overseas countries

We signed on MOU with Nord Gas Trading, an affiliate of Gazprom, a Russian state-

operated enterprise to introduce FIN TOKEN for real-life use to overseas countries. Through

MOU, we could easily settle the payment with VISA real card in some areas of Eastern

Europe.

3.3 MOU with settlement company for real-life use in Korea

We signed on MOU with PayG, the second largest POS company in Korea, so that it can

be used in both domestic and overseas markets. Through the MOU with PayG, you will be

able to pay the FIN token in real time as soon as possible.

3.4 Providing payment solutions with affiliated gas station for

real life use

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In addition to the energy industry, we plan to revitalize various ecosystems that we are

preparing.

As a way of activating the ecosystem of the next project, we will proceed with Swap and

give the FIN tokens-holders a preemptive right to participate in the next project. Also Swap

quantities will be automatically burned to speed up the next project and increase the value

of FIN.

3.5 Listed on overseas large exchanges

In order to make it easier for overseas holders to purchase tokens, it will be listed on large

overseas exchanges as well as domestic exchanges of many members.

To get a coin for real-life use, there should be no inconvenience in buying and selling.

In order to be able to purchase without any inconvenience, it will be listed as a place of

positive elements because a lot of purchase must be made.

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4. FIN TOKEN ROAD_MAP

19.02 Pre-sale of FIN TOKEN [Proceeded ICO]

↓

19.04 April 2019 Listed on domestic large exchange, Bitsonic

↓

19.05 Nord Gas Trading MOU

↓

19.05 May 2019, Issuance of overseas VISA real card

↓

19.05 May 2019 MOU with Korea's second largest PayG company (more than 120,000 affiliated stores)

↓

19.05 ICO Remaining Amount + Incineration of Swap Progress Token Volume

↓

19.05 May 2019, Listed on overseas large exchanges

↓

19.07 Scheduled to be used in real-life

↓

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▶ Will be updated continuously

5. Disclaimer

The scope of the disclaimer regarding team, company, platform and token for this project

includes, but is not limited to:

1. This white paper is prepared only for informational purposes and does not constitute a

proposal or recommendation to sell any shares or securities of all the affiliated companies

including the company of issuing token (hereinafter referred to as ‘Project Team’) to be

established after the distribution of this white paper. Such proposal or recommendation shall

be made only by the application guidelines according to the securities that may be invested

and other laws. None of the proposed information or analysis is prepared to be used as a

basis for investment decisions or to provide specific recommendations. Therefore, this white

paper doesn’t constitute any investment advice or recommendations on any security

investment. The white paper doesn’t imply proposal of sales or subscription of securities, or

proposal of purchase or subscription or any part thereof, and it should not be construed as

having those meaning. In addition, this white paper or any part thereof should not be used as

a basis for establishing specific agreement or commitment. All information included in this

paper should not be copied, modified or distributed illegally without any prior consent of

project team.

2. Token is not an investment that is official or has legal binding force of any kind. The goals

outlined in this white paper may be changed due to the unpredictable situation. Even though

the project team has the intention to implement all the matters outlined in this white paper,

all the risk in purchasing token is born by all individuals and parties.

3. This white paper doesn’t legally bind project team and participants. Team members and

advisors of the project team should not guarantee the accuracy and reliability of this white

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paper, and do not bear any responsibility for this white paper.

4. Token is payment type token that is used for value exchange within a platform.

Furthermore, token should not be treated as security and it doesn’t represent or warrant

share, ownership and revenue sharing in any part of the project team. Token can’t be

refunded and is not subject to investment. And it itself doesn’t include guarantees of future

value or performance and can’t be used as an indicator of success of team project.

5. Please consult with specialists of finance, investment and tax before investing in tokens.

Project team doesn’t provide any advice for investment and finance. This white paper doesn’t

establish any relationship between buyer and seller.

6. Token doesn’t provide any right to receive profits, income or other payments or revenue

attributable to acquisition, retention, management, disposition or repayment. All the rights,

interest, ownership or special right relating to the platform or other properties owned by the

project team may be expired in whole or in part.

7. The risk of loss from transaction or possessing cryptocurrency and tokens can be

significant. Therefore, you should carefully consider which one is better for you among

trading or possessing cryptocurrency in light of your financial situation. Large and sudden

changes in the value and/or availability of cryptocurrency and token may occur due to the

branching or changing of the relevant network. Project team doesn’t bear any responsibility

for the loss of value of cryptocurrency and token as well as any loss occurred by you in

connection with the platform usage.

8. Token is issued in the Ethereum Blockchain. Therefore, trading network may be interrupted

in an unexpected manner if there are any defaults in Ethereum protocol or malfunctions.

9. Since the platform includes inadvertent vulnerabilities or bugs in the source code, there

may be a risk that the use of the platform is interrupted or results in the loss of

cryptocurrency.

10. Since cryptocurrency and other relevant technologies that includes token are somewhat

new, it may not be controlled by you or the project team. Therefore, the project team is

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exempt from liability and will not held liable for any nonfulfillment, including any temporary

stop or permanent termination of platform service due to negative changes of market or

relative technologies.

11. Hackers and other groups or organizations my attempt to interfere with your account or

platform performance in various ways, including without limitation, attacks of service denial,

Sybil attack, spoofing, malicious code attack or consensus based attack.

12. Cryptocurrency and block chain technology has been censored by various regulatory

authorities around the world. The functions of platform may be affected by one or more

regulatory investigations or actions that includes but not limited to usage restriction of

cryptocurrency.

13. Technologies related to block chain network are being monitored and controlled by

various regulatory authorities in the world. Therefore, it may be a subject to regulatory

policies that include restrictions on the use or possession of tokens, and it may reduce or

limit the function of future token or limit the possibility of resale.

14. If anyone who is citizen or resident (taxes or other aspects) in country or state that

prohibits the purchase of token or similar cryptocurrency or that the sale of tokens doesn’t

comply with applicable laws and regulations is not eligible to use the platform and can’t

purchase tokens. If a citizen or resident of a country with limited sales purchases a coin,

fines can be imposed.

15. Publishing or distributing the white paper doesn’t imply that it complies with applicable

laws, regulations or rules of any jurisdiction. Team members, advisors, partners, consultants,

shareholders, suppliers, vendors, service providers, subsidiary companies, affiliate companies,

agents, planners, predecessors and successor in the past, present and the future project

relating to the token and platform shall not be responsible for all damages including but not

limited to illegal act of token purchaser occurred by accepting or trusting the whole or part

of this white paper or direct, consequential, additional, special or indirect damages (including

but not limited to damages occurred by loss of profits, loss of business or loss of the third

parties, loss of transaction, use of website and loss of usage) occurred by agreement or

other acts.

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16. Project team may modify, add or delete part of the white paper for any reason or at any

time, and may publish it on the website, blog or elsewhere depending on the situations

where addition or deletion is made.

17. In case a participant who wants to participate in token transaction in connection with

this white paper provides incorrect or misleading identification information, or is suspected

by a restricted participant, the project team may deny the request for token purchase at any

time. Also, transacting coin or token with funds obtained from criminal proceeds such as

drug dealing is not permitted. In case any of restricted participants purchase the token with

the unauthorized funds and purposes, the transaction may be prohibited or restricted at any

time and the purchase of the token may be canceled or nullified.

18. The laws of the country in which the token issuing company is established shall apply for

all disputes or issues arising out of or relating to the use of this white paper regardless of

the conflict between the law and the provisions of applicable law.

19. Any legal procedures arising out of or relating to this opinion shall be brought to the

International Arbitration Center of the country according to the laws of the country in which

the token issuing company is established.

20. This white paper and related documents may be translated into other languages, and the

Korean version shall be the first priority if there is a conflict of interpretation.

Documents

Fuel Injection Network€¦ · significant. Therefore, you should carefully consider which one is better for you among trading or possessing cryptocurrency in light of your financial