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Project WHITE PAPER Version 2.1.0 z-popdream.io Grow talent, Create Star!

Grow talent, Create Star! - z-popdream.io · talent! Starting initially from all across Asia, and then on a worldwide scale, it will help this talent to accelerate their rise

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ProjectWHITE PAPER

Version 2.1.0z-popdream.io

Grow talent,Create Star!

1. Executive Summary

2. IntroductionMission Statement The OpportunityImplementation

3.Overview of the Music IndustryK-POP - Global Phenomena Quickly Growing Global Fan Base

4. Z-POP CommunityZ-POP DREAMers, Z-POP Stars & Z-POP Global Stars Z-POP Production ProfessionalsFanbase

5. Star Creation InfrastructureZ-POP Star AcademyZ-POP DREAM AuditionZ-POP DREAM Global Audition Z-POP DREAM Live - World Tour

6. Z-POP Online PlatformZ-POP Mobile App and Main FeaturesHow It WorksBlockchain ApplicationZ-POP Online AdvantagesOpen to Partnerships

7. ZPOP Coin Token EconomyTokenize fan-generated transactions on Z-POP Online Token model that drives ZPOP Coin demand

8. Initial Token OfferingToken Sale Distribution of FundsPlanned Use of the Proceeds RaisedListing at the Exchanges 9. Roadmap

10. Z-POP Team MembersFoundersExecutive Production Team Advisors

11. Disclaimers

TABLE OF CONTENTS

Project z-popdream.io

1. Executive SummaryZ-POP DREAM Project sets out to be the first global entertainment ecosystem to discover hidden pop music talent! Starting initially from all across Asia, and then on a worldwide scale, it will help this talent to accelerate their rise to stardom and create a global token economy within a $46 billion market.Moreover, hundreds of millions of music fans spread across the world will power it to discover and pro-mote talent. Z-POP DREAM is endorsed by the best K-POP production professionals, who helped create famous Korean stars such as PSY, Super Junior, and Girls’ Generation, and converted them into global stars.

Recognised as the fastest growing music sector in the world, K-POP’s fan base has spread not only throughout Asia but also the US and Europe. The Z-POP DREAM Proj-ect, born in Korea, will propel itself into the $46 billion global music market, riding a wave of K-POP phenomena.

Z-POP DREAM Project will set-up the ‘Star-creation Infra-structure,’ which will include Z-POP Star Academies and Z-POP DREAM Auditions in 10 countries and regions in addition to Korea, collaborating with well established local partners. In each Z-POP DREAM Audition, talent will be selected and created into stars at the Z-Pop Star Academies by blending Korea’s tried and tested advanced star training methods with the style and taste recognized by each region. Individual members from the Z-POP Stars (one all-boy group and one all-girl group) then go through a competition at the Z-POP DREAM Global Audition to win a place in the Z-POP Global Star Group. Selected members will receive the most magnificent public exposure through the Z-POP DREAM Live World Tour.

Throughout the process of discovering and creating stars, fans will have the power to support their favorite stars and influence the outcome of events by voting through Z-POP Online. The Z-POP Online platform is designed to connect stars with fans around the world, monetize traffic, and

generate demand for ZPOP Coins, the base currency in the Z-POP DREAM ecosystem, which will be made available during the Initial Token Offering, “ITO”.

Star creation process will be organized in the style of a real-ity TV program and broadcasted by TV channels. Through Z-POP Online, fans will have access to each episode of the program as well as unique online features such as casual live feeds, video messages, and blog posts from stars, and send stars visible support in return. The most direct way to support stars is voting. By adopting the Blockchain technology, the Z-POP DREAM Project makes the voting transparent and trustworthy, ensuring that the fans hold the destiny of their favorite Stars in their hands.

The proceeds from the ITO will be used to create an infra-structure for this Star creation business and Z-POP Online. By combining these two elements, a substantial part of the current $46 billion global music market opportunity will inevitably involve the Z-POP ecosystem and fuel its token economy.

Z-POP Online is an open platform, made available to global music artists and fans, to help unite a broader audience and create a greater community.

Be a part of the Z-POP phenomenon that empowers you to grow talent and raise your Star!

Project z-popdream.io3

2. IntroductionMission StatementThe Z-POP DREAM Project will give the dreamers in the world a chance to climb up to stardom, and it will provide global music fans the opportunity to grow their stars and integrate a token economy within the $46B real-life market opportunity.

Embracing blockchain, the Z-POP DREAM Project creates a global platform to discover hidden pop music talent initially from all across Asia, then from around the world. Many aspiring artists in the world may well possibly never have the chance to realize their dreams. Z-POP DREAM Project will provide these dreamers with the opportunity to achieve their goal. It will help accelerate their rise to stardom and create a global entertainment token economy - all powered by hundreds of millions of K-POP music fans spread around the world. Moreover, it will be supported by the K-POP production professionals who helped turn famous stars such as PSY, BTS and Girls’ Generation into global stars.

THE OPPORTUNITYThe Z-POP DREAM Project seeks to unlock huge opportuni-ties in the music industry by disrupting 3 aspects which are holding back the industry.

• Disrupting Talent Discovery: Despite proliferation of various mediums and social media, hidden talents still go unnoticed because of absence of an established and sustained Talent Discovery platform. The myriads of Talent Hunt program do not offer beyond “showcasing and packaging talent”. Nurturing and monetisation of Talent is left to chance and perseverance capacity of the Talent.

• Disrupting Music Industry: There are many shackles that limit talent footprint to a local region. There is no robust and sustained systemic support to nurture, package, launch and market talent at a global scale.

• Disrupting Fan Engagement: Fans were always important in success of any music venture. They were, however, afforded limited opportunities to participate in the growth and success of their music idols.

ImplementationThe key personnel behind the Z-POP DREAM Project, including the founders, are renowned professional produc-tion specialists and music promoters. From the very early stages of K-POP, they have contributed to the creation of industry legends such as PSY, Boa, TVXQ, Super Junior, Girls’ Generation, Big Bang, 2NE1, EXO, BTS and Wanna One. The Z-POP DREAM Project continues to add respect-able production professionals to its already existing, robust set of group members. Mr. Kang and Mr. Kameshima have co-founded Zenith Media Group in Hong Kong and Zenith Media Contents (http://www.zmcie.com/) in Korea, offering K-POP news media services (http://www.zenithnews.com/), talent management services and merchandising creation and distribution for the past six years. These entities will provide a stable business execution base for the Z-POP DREAM Project.

The Z-POP DREAM Project has already secured a strong partnership in the Philippines with the nation’s largest entertainment enterprise, Viva Entertainment Inc., and state-owned TV broadcast station, People’s Television Network Inc., to produce future Z-POP Stars from the country. The first big step towards the Z-POP DREAM is already in motion.

Z-POP Online, a mobile entertainment service platform to reach out, retain, and empower global fans, will be designed and developed by a group of seasoned experienced pro-ducers and developers who have delivered highly successful mobile social games and live streaming services to the global markets in the past.

Project z-popdream.io4

3. Overview of the Music IndustryThe global music industry currently generates approximately $46 billion in revenue worldwide. While it is one of the oldest forms of entertainment, it continuously evolves, thriving and being driven by innovative technology. In the past, technological innovations have dramatically transformed the

production and distribution of content. The arrival of social media and mobile Internet, however, has ever broadened the impacts - it empowers fans and enhances the way global hits are created.

K-POP - Global PhenomenaK-POP music is the most prominent example of the change that the industry is going through in its recent form of tech-nological evolution. Korean music had been almost entirely unknown to global music fans until less than a decade ago. In 2012, it suddenly reached an unprecedented global audience with K-POP star PSY’s smash hit ‘Gangnam Style,’ which became Youtube’s 1st video to reach 1 billion views and the KPOP phenomenon burst onto the global scene almost overnight. More than 80% of its viewership came from the international market with the most significant share coming from the United States. It was a compelling testimony to K-POP music - a dynamic fusion of western electronic dance music, hip-hop, blues, and Anglo-Korean blended lyrics. It rocked the world.

K-POP was not a one-off phenomenon. Following ‘Gangnam Style,’ consecutive hits from a range of K-POP artists have established K-POP in the global music industry. In 2017, another symbolic moment arrived, when BTS, a popular K-POP boys group, won the Billboard ‘Top Social Media Artist Award’ for 2017. Fuelled by successive hits from multiple artists, K-POP has become the fastest growing music sector in the world and captured a staggering 10% of the $46 billion global music market*

*the Korean Creative Content Agency, a government body sponsoring K-POP industry.

Project z-popdream.io5

BTS’s Youtube Traffic Breakdownby Country. 636 million views, 2017

K-POP International Membership GrowthUnit : million memberships

Source: the Korea Foundation Annual Report

Annual Growth Rate

61%

Source: ‘K-Pop 2.0: How BTS Becomes America’s Hottest Boy Band’ Medium, December 4, 2017

A Youtube viewership breakdown of the BTS group as mentioned above is also indicative of K-POP’s exponential growth. Close to 90% of their total 636 million views came from the international market, led by the United States, Brazil, and Thailand. K-POP is a global phenomenon with a

rapidly growing fanbase. The Z-POP DREAM Project, riding on a wave of K-POP phenomena, will blend new elements into this successful K-POP formula and accelerate the pop music evolution hand-in-hand with an empowered fanbase.

Quickly Growing Global Fan BaseApart from these record hits, a significant aspect of the phe-nomena is, of course, the strong presence of an enthusiastic fanbase spread across the world. Until the 1990s, K-POP was created almost exclusively for a Korean audience. This changed when the early K-POP stars found ways to estab-lish a strong fanbase in Japan and China around the turn of the millennium. This coincided with the growing popularity of a specific Korean TV drama series called ‘Winter Sonata’ that aired in many countries.

The two Korean artforms created waves of popularity all across Asia, cementing the popularity of K-POP in the area. ‘Gangnam Style’ drove the fanfare expansion further into the west and the K-POP global fanbase continued to show explosive growth. During the period from 2012 to 2017, membership to officially registered K-POP fan clubs outside Korea has grown at an exponential rate of 61% annually. It exploded from 6.7 million members in 2012 to 73.1** million members in 2017. The Asian region accounted for 76% of the total membership in 2012 but fell to 60% by 2017, due to Western countries experiencing a faster growth rate.**the Korea Foundation

Project z-popdream.io6

4. Z-POP CommunityZ-POP Dreamers, Z-POP Stars and Z-POP Global StarsThis project aims to create a new wave of global pop stars called Z-POP Global Stars. The first step towards this goal is to become a regional Z-POP Star who will debut through their local Z-POP DREAM Audition. To achieve this status, trainees who have been accepted by Z-POP Star Academies and are under professional training (who are classified as Z-POP Dreamers) need to win the Z-POP Audition. After regional Z-POP Stars are discovered from their respective regions, the Z-POP DREAM Project will host global Z-POP DREAM Global Auditions to create Z-POP Global Stars and organize a world tour, called Z-POP DREAM Live, literally scaling the Stars to global stardom.

Z-POP Production ProfessionalsThe Z-POP team comprises reputable pioneers in the K-POP music industry who have a track record of discover-ing new talents, producing hit music, executing successful promotion campaigns on a global scale and the extensive professional coaching that serves as the backbone to create any music star. The Z-POP DREAM Project will create global stars using the successful K-POP music production formula as its foundation while evolving with the integration of new cultural elements.

FanbaseFan community is the most important element of the project. Z-POP DREAM Project will make utmost efforts to help fans residing in any part of the world discover, interact, and support stars and future stars. Z-POP Online is prepared to serve its fanbase with highly entertaining fan support services as outlined below:

Z-POP Reality StreamingZ-POP Reality Streaming is the main venue where Z-POP Dreamers, Z-POP Stars, and Z-POP Global Stars will com-municate with fans around the world, who would discover stars that they want to support. Fans not only get early access to the official videos professionally produced in studios or concerts, but also that of casual streaming and video recording, blog message posts that will reveal real

and daily lives of artists. Through Z-POP Reality Streaming, fans become an integral part of each artists' life and of their transformational journey from Z-POP Dreamer to Z-POP Star and eventually a Z-POP Global Star.

Z-POP Fan Vote For Fame This unique feature on Z-POP Online will give real power to fans. Fans will discover and follow artists they love, and accumulate voting power by providing daily support through Z-POP Reality Streaming and holding of ZPOP Coin. Fans will be given an opportunity to exercise the voting power they have accumulated over time, when it’s time to select winners for crucial audition events such as Z-POP DREAM Audition, Z-POP Global Audition, and the Annual Awards. Fans can influence the destiny of their favorite stars when judging who will win and who will continue to shine.

Z-POP VIP RewardsThe voting points that Fans have generated over the course of events will, in turn, issue the Fans with ‘Gratitude Reward Points.’ The Fans who accumulate a substantial amount of the voting points will be recognized as Z-POP VIPs. Z-POP VIPs will receive personalized gratitude messages from their favorite Stars they have supported along the journey to stardom.

Z-POP VIPs will benefit from privileged and exclusive fea-tures such as redeeming Gratitude Reward Points to receive offerings like VIP seats at Z-POP DREAM Global Audition events, invitations to a private meet and greet with Z-POP Global Stars and personalized memorabilia.

Z-POP Star Charity DonationFans can help their Stars of choice shine further by donating to a charity of their choice. A percentage of all revenue from transactions made on Z-POP Online using ZPOP Coins will be kept inside the Z-POP Charity Vault that assigns each Z-POP Global Star and Z-POP Star to future charity events. The donations will be made to the charities Z-POP Stars, and Z-POP Global Stars choose.

Project z-popdream.io7

5. Star Creation Infrastructure The following four elements form the foundation to achieve the ultimate goal of creating Z-POP Global Stars.

Z-POP JapanZ-POP Philippines

Training

FROM DREAMERS TO STARS

Z-POP GLOBAL STARS

Z-POP DREAMERS

Z-POP ProductionProfessionals

Z-POPDREAM

Audition

Z-POP Thailand

Z-POP DREAMGlobal Audition

Z-POP STARS Z-POP STAR Academy

Z-POP Star AcademyZ-POP Star Academies are music talent development and management institutions built on K-POP industry’s tried and tested advanced star training methods, incorporating the style and taste recognized by each country and region. Z-POP Star Academies will discover and nurture a large, untapped talent reserve and give these talents a chance to become stars through professional training done by Z-POP Production Professionals.

The Z-POP DREAM Project will set up Z-POP Star Acad-emies on a global scale, starting with the Philippines, Vietnam, Thailand, Malaysia, Hong Kong, Indonesia, India, Japan, Taiwan, and Singapore. Each Z-POP Star Academy will be established as a joint venture in collaboration with leading entertainment institutions in each country or region.

Z-POP DREAM AuditionThe Z-POP DREAM Audition will be run by local Z-POP Star Academies to select those who will make their debut as Z-POP Stars and who have the chance to go on and become a Z-POP Global Star. The aim is to discover any aspiring art-ist and give them the first step towards realizing their dream. The primary method to discover these artists will be through short videos submitted via the Z-POP Online platform. How-ever, this may prove to be a problem in areas where Internet access is scarce; thus a Z-POP official car equipped with all necessary tools to shoot and upload videos will visit remote areas, allowing local aspiring artists to display their talent and to complete the audition process. 200-300 candidates will be selected initially from each region’s Z-POP DREAM Audition, gradually reducing the number by eliminating them through an extensive and entertaining process. The final selection process will be aired by TV channels in a Reality TV style program along with online streaming on Z-POP Online.

Z-POP DREAM Global AuditionThe Z-POP Global Stars will be created from selected mem-bers of all regional Z-POP Stars, and the Z-POP DREAM Global Audition is the event that chooses these Z-POP Global Stars. This event will be the pinnacle event in the process of creating Z-POP Global Stars. Individual members from one all-boy group and one all-girl group representing each region and country will compete to win a place in the Z-POP Global Star Audition. Selected members will form a special group that receives the most celebrated public exposure. The intense process of the Z-POP DREAM Global Audition will be streamed live. Fans will review real-time developments and participate in the selection process using their granted voting power.

Z-POP DREAM Live - World TourThe winners from the Z-POP DREAM Audition will go on the World Tour, labeled as Z-POP DREAM Live. Each Star will have an existing, strong fan base and the synergy of the collective Stars will climax the Project on a global scale. At this stage of the Project, the level of media exposure will be comparative to current K-POP artists’ worldwide tours.

The first Z-POP DREAM Live event is scheduled to take place in Seoul in 2019 at a major event venue, presenting the first Z-POP Global Stars along with performances from K-POP stars. The event will be broadcasted from Korea and generate mass excitement. The host of this Z-POP DREAM Audition will be rotated among the participating countries and regions after the first Z-POP DREAM Live event.

Project z-popdream.io8

6. Z-POP Online Platform Z-POP Online, accessible through the Z-POP Mobile App is a mobile entertainment service that provides an instant showcase of Z-POP Global Stars, Z-POP Stars and Z-POP Dreamers, and will be released on both iOS and Android devices. Through Z-POP Online, the project will reach out to global music fans, harness the power of those fans into star creation process, and create long lasting bond between fans and stars.

Z-POP Online is designed to:- Capture and retain core fan bases around the world- Drive core fans to engage in online voting and star creation - Create demand for ZPOP Coin holding- Create online revenue opportunities

The Z-POP Online Platform intends to demonstrate quality and performance required to serve real life use, and grab user attention by offering a state of the art online entertain-ment experience, while committing a high level of security to protect ZPOP Coins in the user’s possession. This leads to a pragmatic application of the blockchain technology in staged implementation, as described in the following section.

Z-POP Mobile App and Main FeaturesZ-POP Mobile App, which will be the face of Z-POP Online, is in essence a feature-rich live-streaming application following the latest User Interface / User Experience (“UI/UX”) trends, as exemplified by Instagram, tik tok, and 17. A broad range of online content is organized around artists.

FeaturedArtists

SuggestedArtists(AlgorithmBased list)

Featured Event Screen

Z-POP Dream Audition Live Streaming and Voting!December 10-17,2018

ProfessionalStreaming Live

ProfessionalStreaming Replay

ProfessionalRecorded Video

CasualStreaming Live

CasualStreaming Replay Casual Video clip

Picture posting Message posting Latest News

Concert Ticket SalesMusic Sale

Download / Feed Merchandise Sales

Voting button

Direct channel to best stars to feature

・Display accumulated voting cards

・Display upcoming voting events

・Exercise voting power. Button color changes during the voting event

Events / Campaigns

STAR CHANNEL View All

A B C D E

++

++

Feed VOTE

Pro�le Calendar

Project z-popdream.io9

It offers four major features to users:

Z-POP Reality Streaming

• Help fans discover and interact directly with stars through mobile screens

• Features ‘Reality TV’ like casual streaming and professional performance streaming as well as blog posting to fans

• A rich set of visual effects, functions, and virtual gifts that allow users to directly interact with artists and to give personalized support to artists

• Generate Instagram style posting feeds when a user starts following artists

• Highlight special promotional events, concerts, fan meet ups, exclusive merchandising sale through home screen

Z-POP Fan Vote for Fame

• Voting system built on social gaming concept, to create intense fan engagement

• Allowing fans to earn voting power through playing Reality Streaming and with ZPOP Coin holding

• When a voting event opens up, it allows users to vote with accumulated power to help artists of their choice win at crucial events such as auditions

• Leaderboard updates standing of fan ranking and artists ranking

• Issue Gratitude Reward Points redeemable to special exclusive offerings to high ranking fans and those supporting winning artists

Online Stores

• Online shopping channel will be used to distribute essential items for Z-POP Stars, Z-POP Global Stars to Z-POP Online users

• Concert tickets, backstage tour tickets

• Cosmetics, fashion items, gift items branded with stars

• Video and music download / streaming

• Purchase with ZPOP Coin or with credit card. Purchase with ZPOP Coin will have substantial benefits such as discount and exclusive offerings

• A portion of the sales revenue with ZPOP Coin will be kept in the Z-POP Charity Vault for future donation events

Z-POP Mobile Wallet - MyEtherWallet Based Crypto Wallet

• Simple and secure crypto wallet built-into Z-POP Mobile App, designed to receive, store, and send ZPOP Coin as well as Ether

• Webview wrap over tested and trusted MyEtherWallet with additional security and user friendly UI/UX

• Smart contract to add Airdrop and escrow for online commerce to augment ERC20 specification

Project z-popdream.io10

How It Works

It begins with downloading Z-POP Mobile App from Apple App Store and Google Play. Z-POP Mobile App can be downloaded for free, and requires a simple user registration to make the app ready to play.

Through this simple user registration process, built-in Z-POP Mobile Wallet will be activated and a unique wallet address will be created for use such as receiving airdrop.

While a vast majority of K-POP fans have never been exposed to crypto currencies, use of blockchain technology involves inherent complexities which is impossible to com-prehend to ordinary users. Z-POP Mobile APP and Z-POP Mobile Wallet will be designed to mask such complexities and provide intuitive user experience without compromising security.

All features of Z-POP Online such as access to star profiles,presenting virtual gifts to stars on Z-POP Reality Streaming,participating in Z-POP Fan Vote for Fame, and purchasingconcert tickets will be available to all registered users. Holding ZPOP Coin will give users unique advantages - it will help users earn playability faster and greater.

Z-POP Reality Streaming; Basic features of Z-POP Reality Streaming is ready to play, immediately after the user registration.

To play and explore the best of Z-POP Reality Streaming, users need to earn in-app point called Zpoint. Z-POP Mobile APP will guide users to earn Zpoint by following stars, completing various missions and participating in-app events.

ZPOP Coin will facilitate users to accumulate Zpoint faster. If users hold ZPOP Coin in Z-POP Wallet, additional Zpoint will be granted in proportion to the holding amount of ZPOP Coin.

Participating Z-POP Fan Vote for Fame:In order for a user to vote, the user has to accumulate Voting Power. There are two ways to accumulate Voting Power.

• First is by playing Z-POP Reality Streaming. The more a user plays Z-POP Reality Streaming, the more Voting Power will be granted.

• Second is to hold ZPOP Coin. Z-POP Online will issue and grant Voting Power in proportion to the holding amount of ZPOP Coin.

Purchasing Concert Ticket, Merchandise, etc.:Purchasing concert tickets, merchandise, and other items can be made with credit cards, but, a purchase using ZPOP Coin will offer users substantial benefits such as receiving discounts and other attractive offerings.

As a starter incentive to help fans to download and discover full features of Z-POP Online, ZPOP Coin will be airdropped to the first 5 million Z-POP Online users in an amount that is good enough for them to go through a good initial expe-rience. User registration will trigger airdrop. Z-POP Mobile Wallet that was used for the particular user registration will receive airdropped ZPOP Coin. The user will then receive their initial Zpoint and Voting Power granted in response to the airdropped ZPOP Coin.

Zpoint and Voting Power will be issued and granted only to ZPOP Coin stored in the built-in Z-POP Mobile Wallet. If a user stores ZPOP Coin in other wallets, the user needs to transfer ZPOP Coin to Z-POP Mobile Wallet to receive Zpoint and Voting Power.

Project z-popdream.io11

Concerts

Merchandise

Music & videocontent products

How ZPOP Coin, Zpoint, and Voting Power Works

Grant additionalVoting Powerby playing Z-POPReality Streaming

Zpoint and Voting Power granted in proportion to the holdingamount of ZPOP Coin

● Obtaining Zpoint or Voting Power will not consume ZPOP Coin● Zpoint can not be purchased with fiat money or other crypto currencies● Zpoint expires once it has been used to play Z-POP Reality Streaming● Zpoint can not be converted back to ZPOP Coin, or exchanged to other crypto currencies or fiat money● Voting Power will expire once it has been exercised. If not exercised, it will expire on a pre-assigned expiration date● Voting Power can not be converted back to ZPOP Coin

* Subject to availability and Terms & Conditions of airdrop campagn

Z

Starter AirdropFor a New User* Motivate users

to increaseZPOP Coinholding amount

Motivate usersto buyadditional ZPOP Coin from exchanges

Additional Purchase from exchanges

Z-POP OnlineUser

Voting Power

Zpoint

Use Zpoint to play Z-POP Reality

Streaming

Use Voting Powerto participate invoting events

Use ZPOPCoin to purchase

Project z-popdream.io12

Blockchain Application

Z-POP DREAM Project is not about creating a new block-chain protocol. Instead, it brings out the best of promising features of existing blockchain platforms and applies it to solving real-life problems on a global scale. The Z-POP DREAM Project’s ultimate DREAM is utilizing the transpar-ently recorded activities and reputation of the blockchain technology, along with granting voting power to allow any-one in the Z-POP DREAM ecosystem - Fans, Stars, Profes-sionals and investors alike, the chance to create and support their Stars. Z-POP DREAM Project aims to showcase the power of blockchain within the global entertainment industry.

Planned use cases of the Z-POP DREAM Project include, but are not limited to:

• A base currency in Z-POP Online and the ecosystem built by the Z-POP DREAM project

• Transparent voting systems

• Reward point systems

• Booking and ticketing (concerts, exclusive meet-ups, auditions, etc.)

• Rights licensing and tracking of content distribution - digital media entitlement, digital rights management

Z-POP Online Platform is a live commercial system designed for performance. It has to rely on the end user value it brings to its users to deliver and compete with other mobile entertainment services. Though Blockchain advantages have been identified, the general immaturity of blockchain as a technology platform requires staged application of block-chain where upsides exceed downsides.

Initial Phase: Blockchain is adopted in the issuance of ZPOP Coin, a base currency in the project ecosystem. For this, Z-POP Online chooses Ethereum platform and create ERC20 based token.

Applying ZPOP Coin to in-app point system was a theo-retical option but, the idea was dropped for the following reasons:

• Ethereum’s high transaction cost and long transaction cycle

• High market value volatility inherent to crypto currency will damage user experience in Z-POP Mobile App

Next Phase - Voting: Voting is an essential feature of the Z-POP Online platform. Tokenizing votes has a natural fit to Blockchain, and Block-chain makes voting process transparent and voting result trustworthy.

Ethereum Platform, however, is not fit for this due to high transaction cost and performance. Voting does not generate economic value. Transaction speed for the gamified voting is as fast as a finger tap on a screen with multiple strikes.

Z-POP DREAM Project is evaluating various choice of blockchain platform to support voting, with the following evaluation criteria in mind:

• Zero transaction cost

• High performance

• Proven security level

• Availability of developers and development tools

• Smart contract support

• Ease of integration with Ethereum platform

Based on our early analysis, three candidates have been identified: Adopting EOS, Creating an Ethereum hard folk with limited node operations, and, creating a private block-chain using established framework such as a Hyperledger.

Project z-popdream.io13

Reality StreamingEngine

Gamified VotingEngine

Online CommerceEngine

Point System Management

Gratitude Reward Point ManagementM

essaging

Ranking Board

Initial Phase

Next Phase

Evaluation

MySQLDatabase

OperationKPI

AnalyticTools

WebView Wrapper

MyEtherWallet

Z POPCoin

SmartContract

EthereumPlatform

Z-POP Mobile App(iOS,Android

native)

TriggerZPOP Cointransaction

ZPOP Mobile Wallet(React Native)

Z-POP Online Platform Blockchain Implementation

Z-POP Online Advantages

Z-POP Online works side-by-side with Star Creation Infra-structure development, as outlined in section 5 above. This will provide Z-POP Online unique strengths and eliminate weaknesses inherent to similar online services.

1. Return to Society: Z-POP Online is designed to give opportunities to youngsters around the world trying to develop future career. It will help nobody become somebody. The social value that the Z-POP DREAM Project addresses is reinforced by decentralized star creation process backed by blockchain based voting with music fans around the world. This will create continuous resonation from a global community.

2. Simple and powerful economic model: As described in the section below, Z-POP Online's economic model is straightforward and scalable. Additional user acquisition will create additional token demand and additional revenue opportunities. Once the platform’s user base has reached a certain scale, the network effect will kick in and drive exponential growth in its economic scale.

3. No content gap from the start: Many streaming apps suffer from lack of content at inception. Z-POP Online has no such problem. 50 male artists and 50 female artists will participate in Z-POP DREAM Audition in each country. With 10 countries altogether, Z-POP Online will feature as many as 1,000 qualified artists from the first year.

4. Very large, well defined target users base to reach: Thanks to K-POP fanfare around the world, Z-POP Online already has a well defined initial target user base. Official K-POP fan-club members alone can sum up well over 100 million users. This will make marketing and user acquisition uniquely effective.

5. Uniquely strong user engagement model for high user retention: Gamification will give users in-app goals to achieve and create very strong user engagement. Live-streaming helps fans to find stars to love, and gamified voting drives fans to engage intensely. This will lead to high user retention for many years to come as artists climb up in their journey to stardom.

Open to Partnerships

Z-POP Online is not only for Z-POP Stars. It is open to partners including K-POP stars and K-POP talent manage-ment companies. Ultimately, Z-POP Online will be made with the vision to support the entire K-POP community. Z-POP DREAM Project will share the exclusive features of Z-POP including video streaming, music downloads, concert ticket distribution, the creation of unique merchandise, charity donation, etc.

K-POP stars will also be invited to Z-POP Star Academies as guests to perform and demonstrate their talent and showcase their professional qualities to Z-POP Dreamers and give them inspiration for their future. Z-POP DREAM Project aims to accelerate the global success of the K-POP community and help K-POP explore and evolve to the next level through fusion with many new universal features.

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7. ZPOP Coin Token Economy As described in the previous sections, the Z-POP DREAM Project will add a compelling ecosystem to the global music industry. Successful execution of the Z-POP DREAM Project will drive the Z-POP DREAM ecosystem into a substantial part of the current $46 billion economy, where transactions will occur using the ZPOP Coin as the base currency. Setting aside trade demand coming from crypto exchanges where the ZPOP Coin will be listed, the overall revenue migration from the $46 billion market will create considerable demand for the ZPOP Coin.

Tokenize fan-generated transactions on Z-POP OnlineThis is the immediate focus of this Project. A vast majority of pop music revenue is generated via fans in the form of concert ticket sales, merchandising and content distribution; including video streaming and music downloads.

K-POP Global Stars Economics Illustration*

K-POP Typical Revenue Mix

* This is for illustration purpose only. Actual economics varies substantially case by case. This is neither a forecast nor a prediction of tokenized revenue generated from Z-POP DREAM Project.

Concert Economics of Global K-POP StarsConcert admission revenue $1.5M - 3M / concertBackstage tour revenue $1.5M - 2.5M / concertAnnual concert revenue $ 60M - $220M / year

Prorated Combined Revenue Scale from Merchandising, Content production, and Music download

$45M - $165M / year

Total from the above $105M - $385M / year

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As explained in the Z-POP Online chapter, essential features of Z-POP Online cover the entire fan-generated revenue stream. With the existing K-POP economic model and its scale in mind, tokenized revenue from 1 successful Global Z-POP Star could be as large as the market capitalization of ZPOP Coin at the end of the ITO in comparison. Z-POP DREAM Project plans to produce two Z-POP Global Star groups - one all-boys group and one all-girls group, in addition to Z-POP Stars from 10 regions and countries every year, which will create a continued favorable supply and demand balance to the ZPOP Coin.

Token model that drives ZPOP Coin demandA majority of demand for ZPOP Coin is expected to come from fan community through Z-POP Online. Z-POP Online users holding ZPOP Coin can accumulate Voting Power and Zpoint faster, therefore enjoy more fulfilling user experience. A vast majority of users will choose to hold ZPOP Coin.

As a starter incentive to help fans to download and play key features of Z-POP Online application, ZPOP Coin will be airdropped to the first 5 million users in amount that is a good enough for them to go through good initial experience. Users having discovered the online experience as rewarding will seek to hold additional ZPOP Coins.

Gamified voting is meant to have a booster effect. It is built on a social game concept where playing value accelerates as more users participate. Greater playing value will be translated into greater ZPOP Coin holding amount per user, and greater overall demand for ZPOP Coin.

In addition, Z-POP Online users will be given opportunities to purchase concert tickets, merchandise, and other content by using ZPOP Coin. That will motivate users to purchase additional ZPOP Coin over their holding amount.

In sum, demand for ZPOP Coin is expected to grow expo-nentially as the Z-POP Online user base grows.

Growing ZPOP Coin demand from Z-POP Online users along with growing user base will add trust to Z-POP DREAM Project and ZPOP Coin among ZPOP Coin holders. It would be translated to create positive effects on supply demand balance and liquidity of ZPOP Coin in exchanges.

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Concerts

Merchandise

Music & videocontent

products

LIVE

Z-POP DREAM ECOSYSTEM AND ZPOP COIN CIRCULATION

Z-POP Online user

Fiat moneyCrypto currency

Fiat moneyCrypto currency

Participate in voting atauditions and otherdecisive events

Access contentSupport starsPurchase

Discover, interactand support starsthrough online

Funding support

Token Sale Participants New Stars, New ProjectsZ-POP Fan Vote For Fame

Z

Z Z

Z

Z

Z

ZZ

Z

Z

Exchanges

FansStarterAirdropFor newusers

ZPOP CoinProjectReserve

ZPOP CoinDonationReserve

Z-POP Reality Streaming Artist

: ZPOP CoinZ

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8. Initial Token OfferingToken Ticket: ZPOPToken Standard: Ethereum ERC20 Planned date of public sale: To be announcedToken price at whitelist: 1 ZPOP = USD 0.08Total supply: 4,000,000,000Soft cap: $20,000,000

Accepted currency during the ITO : ETH, BTC, BCH, fiat currencies.

For advisors and bounty 5%

For founders 10%

For Z-POP Online campaign reserve 20%

For future development

20%For participants

45%Distribution ofZPOP Coins

Planned Use of the Proceeds RaisedThe primary utilization of the funds will be: The star creation infrastructure development in 10 regions and countries

• Z-POP Star Academies

• Z-POP DREAM Audition

• Z-POP Global Audition

Production and promotion of Z-POP Global Stars

• Z-POP DREAM Live World Tour

Z-POP Online Development and Operations

• Platform development

• Platform operations

• Content development

• Marketing and user acquisition

ITO operations partner fees and exchange listing fees

Listing at the ExchangesZ-POP DREAM Project offers a solid business case and token economics model that the crypto exchanges are look-ing for. In parallel to the ITO process, the Project will start a dialogue with major exchanges so that ZPOP Coins shall be listed soonest possible post the completion of the ITO.

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9. Roadmap

2000-2018 January 2018 May 2018

Z-POP DREAM Project team launched.

Secured the first project operation partnership with Philippine’s state-owned TV broadcast station People’ s Television Network, Inc. and Viva Entertainment Inc.

Forminglocal partnerships

Opening of Whitelist Opening of Initial Token Offering

Z-POP DREAM Projectmembers havecontributed toproduction work offollowing K-POP stars:

Psy / Boa / TVXQSuper JuniorGirls’ GenerationBig Bang / 2NE1 / EXO / BTS / Wanna One

2018-2019

To be announced

Z-POP Online2nd Release

June 2019

Z-POP Online1st Release

March 2019

1st GenerationZ-POP Global Stars debut

February 2019

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10. Z-POP Team Members

THE TEAM

The project team includes reputable pioneers in the K-POP music industry, who collectively played a critical role in cre-ating K-POP legends such as Psy, Girls' Generation, BTS, WannaOne, and EXO, to name a few. By discovering talent, providing extensive professional coaching that serves as the backbone to produce any music star and promoting it on a

global scale, the team has been producing music hits. The team also has robust and comprehensive business expertise in evaluating investment opportunities, creating strategic partnerships, running entertainment business operations and developing technologies, throughout all regions mentioned above.

Jun KangFounder

A highly respected pioneer and a co-founder of Zenith Media Group who made historic contribution to the K-POP music industry. An SM Entertainment veteran, he initiated the first wave of K-POP expansion into international market such as China, Japan, Thailand, Hong Kong and played a critical role in establishing ever growing popularity of K-POP music outside Korea.

Norimitsu KameshimaFounder A visionary and highly successful entrepreneur in the entertainment industry, having a versatile professional expertise covering production, finance, and technology and is known for his pioneering work in creating Vocaloid stage performance in China. Along with Mr. Jun Kang, he co-founded Zenith Media Group that provides an execution base for the Z-POP DREAM Project.

Jung Hun KimFounding Partner, Finance

A qualified financial transaction professional with a broad range of experiences in private placements, equity transactions, and financial structuring in Korea. His domain expertise will provide strong foundation for the Project’s financial operations.

Tetsuya Mori Founding Partner, CTO

A Silicon Valley veteran and a world renowned creator of Java technology for mobile phones. He holds a multitude of expertise as ex-McKinsey consultant, ex-VC fund manager, ex-CEO of Asia Operations at Japan’s mobile gaming giant DeNA, and board advisor to GCOX project.

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Ju Sun LeeExecutive Choreographerfor Z-POP DREAM Project

Extremely well known for his work for Psy’s global smash hit ‘Gangnam Style’, he has coached a vast number of K-POP artists to success.

Jae Jun ParkExecutive Promoterfor Z-POP DREAM Project

Widely recognized expert in K-POP artist promotion, his track records include Big Bang, 2NE1, and S.E.S

ADVISORSGeneral Advisors

Robby SchwertnerBlockchain MarketingAdvisor

Mr. Schwertner, known as CryptoRobby, is a highly recognized social media influencer in the global blockchain community. He passionately supports projects with growth perspective and a #ReturnOnSociety!

Pankajj Ghode Blockchain TechnologyAdvisor

Mr. Ghode is Founder and Chairman of Global Blockchain Foundation. He is also known as India’s renowned cyber security and AI expert, advising the nation’s ministry of communications and information technology.

Young Hwan Go (MAD SOUL CHILD)Celebrity Advisor

One of the most well known music producers in Korea. Produced songs for big name artists such as Mad Soul Child and TVXQ, popular TV programs such as ‘K-POP Star 1’ and films such as ‘The Man from Nowhere’.

EXECUTIVE PRODUCTION TEAM

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Loo Choon ChiawICO Legal Advisor

Mr. Loo is a prominent legal practitioner, who specialises in banking, corporate finance and fintech. His extensive clientele, developed over 37 years of active practice, spans from global who’s who in the established financial industry to contemporary high profile players of ICO projects.

Robert KimBusiness Advisor

Korea representative of the USA Hedge fund Association. Hold numerous advisory positions at a range of organizations such as the Korea Journalist Club and Korea Economic Daily.

S.Soun KimFinancial Advisor

Ex Citibank executive, served Space Group, Korea’s leading architecture design company as President, and Gold Mutual Savings Bank as CEO.

Bo Seok JungCelebrity Advisor

Highly acclaimed and respected actor and professor in Korea with more than 30 years of acting career. Won more than 10 awards.

Grace LeeCelebrity Advisor

A prominent television host / and a popular celebrity in Korea and Philippines, she has won millions of hearts all over the world.

Celebrity Advisors

Jonathan SerbinBusiness Advisor

Mr. Serbin is Head of Asia for Billboard-Hollywood Reporter Media Group, the global leader for charts, news, business and lifestyle in music. At Billboard, he oversees the firm’s growth throughout Asia.

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Jun Ho JungCelebrity Advisor

One of Korea’s most popular actors, who gained fame in the drama “Women Like You”. Appeared in many popular dramas and won numerous awards. Considered one of the best actors in the country.

Daisuke ImaiCelebrity Advisor

One of the most successful J-POP music producers in Japan. Produced songs for the best of the best J-POP artists and K-POP artists. Won 9 Gold Discs, 13 Platinum Discs, and Best music awards.

Ray Chan Marketing Advisor

Ray Chan is a prominent marketing director in the Asian electronic music market. He has dedicated to promoting Chinese DJs worldwide, and let various DJs perform in global music festivals. In 2017, he assisted DJ L to successfully get into the DJMag Top 100 as No.98.

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11. DisclaimersThis White Paper contains a succinct summary of the key concepts relating to the proposed Z-POP Initial Token Offering. The entity undertaking the Initial token Offering (the “Distributor”) is incorporated in the Republic of Singapore.

ZPOP Coins are not securities or units in a collective investment scheme, business trust, unit trust, or a capital markets product, each as defined under the Securities and Futures Act (Cap. 289) of the Statutes of the Republic of Singapore (“SFA”). Accordingly, the SFA does not apply to the offer and sale of ZPOP Coins. For the avoidance of doubt, this initial token offering of ZPOP Coins need not be accompanied by any prospectus or profile statement and no prospectus or profile statement needs to be lodged with the Monetary Authority of Singapore (“MAS”) or any other governmental authority in Singapore. ZPOP Coins are not intended for speculation and hold no rights to any form of real property, intellectual or other property or cash flows. They are not equities, as they do not provide any ownership rights in the Distributor and specifically, they do not confer any right on the holder of any ZPOP Coin to participate in the decision-making process of the Distributor concerning any of its assets and/or its business strategy. There is no promise of value or claim on revenue associated with any ZPOP Coin other than the benefits which will be derived from platform usage.

The sale of ZPOP Coins is only intended for persons outside the United States of America, the People’s Republic of China, the republic of Samoa and any jurisdiction where the offering of tokens in the manner set out in this White Paper is regulated or prohibited (the “Prohibited Jurisdictions”) and may be acted upon only by persons outside the Prohibited Jurisdictions. You are not eligible to purchase any ZPOP Coins if you are a citizen, resident (tax or otherwise) of the Prohibited Jurisdictions.

This White Paper does not constitute an offer of, or an invita-tion to purchase ZPOP Coins in any jurisdiction in which such offer or sale would be unlawful. No regulatory authority in Singapore, including the MAS, has been notified of, reviewed or approved of ZPOP Coins or this White Paper. This White Paper and/or any part hereof may not be distributed or otherwise disseminated in any jurisdiction where offering tokens in the manner set out this White Paper is regulated or prohibited.

The information in this White Paper is current only as of the date on the cover hereof. Thereafter, the information contained herein, including any information concerning the Distributor’s business operations and financial condition may change from time to time. Under no circumstance shall the delivery of this White Paper or any sale made in the related initial token offering shall, constitute a representation that no

such change has occurred. Neither the Distributor makes or purports to make, and indeed hereby expressly disclaim the making of any representation, warranty, undertaking, or other assurance (whether express, implied or otherwise) in any form whatsoever to any person, including any representation, warranty, undertaking, or other assurance that the informa-tion contained in this White Paper is current, accurate and complete.

This White Paper may contain references to third-party sources and/or publications. While all information and data reproduced in this White Paper is believed to have been obtained from reliable sources, neither the Distributor has independently verified any of such information or data and makes no assurance as to the accuracy or completeness of such information or data.

Whether taken as a whole or in part, this White Paper is not, and should not be regarded as, any form of legal, financial, tax, or other professional advice. You should seek indepen-dent professional advice before making your own decision as to whether or not to purchase any ZPOP Coins. You are solely responsible for any and all evaluations, assessments, and decisions which you may make in deciding whether to purchase any of ZPOP Coins. You may request for additional information from the Distributor in relation to this offer of ZPOP Coins. The Distributor may in its absolute discretion, but will not be legally obliged to, furnish the additional infor-mation requested for in light of all the relevant circumstances, including whether (i) there is any prohibition or restriction for it to do so from the legal perspective, and (ii) the requested information is reasonably necessary for the reader to verify the information contained in this White Paper, thereby, with the help of independent professional advice, enabling the reader to make his/her/its own decision as to whether or not to purchase any ZPOP Coins. This White Paper has been prepared for information purposes only and is not a statement of future intent. The Distributor expressly disclaim all liabilities for any loss or damage whatsoever (whether direct, indirect, foreseeable or otherwise) which may arise from any person acting or relying on any information relating to the Distributor, or the ZPOP DREAM ecosystem contained in this White Paper or any additional information which may be made available in connection with any further enquiries made by the reader, notwithstanding any negligence, default or lack of care on the part of the Distributor.

The replication of this White Paper without this disclaimer is strictly prohibited and unauthorised by the Distributor. The information set forth below may not be exhaustive and no part of this White Paper is intended to create legal relations between a recipient of this White Paper and the Distributor, or to be legally binding or enforceable by such recipient

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against the Distributor. An updated version of this White Paper may be published at a later date and announced by the Distributor in due course.

The regulation of tokens such as ZPOP Coins is still in a very nascent stage of development in Singapore. Thus, there exists a high degree of uncertainty as to how virtual curren-cies, tokens and token-related activities are to be treated by the applicable laws and regulations. The applicable legal and regulatory framework may change subsequent to the date of publication of this White Paper. Any change in the regulatory treatment may be very rapid and it is not possible to antici-pate with any degree of certainty the nature of any change in such regulatory treatment. The Distributor does not in any way represent and indeed hereby expressly disclaims that the regulatory status of ZPOP Coins will remain unaffected by any future regulatory change.

Upon purchasing any ZPOP Coin you will be deemed to have reviewed this White Paper in full and to have agreed to the terms of this offering of ZPOP Coins, including the fact that this offering does not fall within the scope of any securities laws in Singapore and is not regulated or examined by the MAS. You further expressly acknowledge, agree and accept that the ZPOP Coins are not securities and are not meant to generate any form of investment return.

ZPOP Coins and related services, if any, are provided by the Distributor on an “as is” and “as available” basis and are intended for use for purposes stated in the White Paper. The Distributor does not make, and indeed hereby expressly disclaim the making of any warranty or the making of any representation (whether express, implied, or otherwise) as to the accessibility, quality, suitability, accuracy, adequacy or completeness of ZPOP Coins or any related services provided by the Distributor. Thus, the Distributor further expressly disclaims any liability whatsoever which may be caused to you arising from any error, delay or omission, in or for any action taken by you in reliance on, the ZPOP

Coins and any related services. No warranty, including the warranties of non-infringement of third party rights, title, merchantability, satisfactory quality, or fitness for a particular purpose is given in conjunction with ZPOP Coins and any related services provided by the Distributor.

No promises of future performance or value are or will be made with respect to ZPOP Coins, including no promise of inherent value and no guarantee that ZPOP Coins will hold any particular value in the future. Unless you fully understand and accept the Distributor’s proposed business and the potential risks inherent in ZPOP Coins, you should not participate in the ZPOP Coin sale. ZPOP Coins sold are solely intended for future functionality on the ZPOP DREAM Ecosystem developed. The Distributor expressly disclaims all liabilities for any loss which may be suffered by you in relation to the purchase of ZPOP Coins.

You are not bound to enter into any contract or binding legal commitment in relation to the sale and purchase of ZPOP Coins. Any agreement as between the Distributor and you as a purchaser, and in relation to any sale and purchase of ZPOP Coins shall be governed by a separate document setting out the terms and conditions of such agreement (the “Terms”). In the event of inconsistencies between the Terms and this White Paper, the former shall prevail.

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Risk Factors

Token Purchase

The purchase of ZPOP Coins should be undertaken by financially sophisticated persons who fully understand and are capable of evaluating the merits and risks of such purchase, or persons who have consulted their own pro-fessional advisors with regard to token purchases, and who have sufficient financial resources to be able to bear any losses that may arise therefrom, including the potential of losing the whole amount spent with regard to the purchase of the ZPOP Coins.

No Prior Market

Prior to this initial token offering, there has been no public market for the ZPOP Coins. No assurance is therefore being made as to whether an active or liquid trading market for the ZPOP Coins will develop or if developed, be sustainable after the ZPOP Coins are being traded on any cryptocur-rency exchange.

Not Fully Developed Platform

The value of, and demand for the ZPOP Coins hinges heavily on the performance and commercial success of ZPOP Online. No assurance is made by the Distributor as to whether ZPOP Online will achieve any commercial success. Further, as ZPOP Online has not been fully developed, finalised and integrated and may subject to further changes, modifications, updates and adjustments prior to its launch [and after its launch]. Such changes may result in unex-pected and unforeseen effects on its projected appeal to users, and hence impact its success.

Risk of Uninsured Losses

ZPOP Coins are uninsured unless private insurance is separately obtained as a measure of protection. Thus, in the event of loss or loss of utility value, there will be no acting public insurer, or private insurance arranged by the Distribu-tor to offer recourse to the purchaser.

Tax Risks

The tax characterization of ZPOP Coins is unclear. Accord-ingly, the tax treatment to which the Tokens will be subject is uncertain. All persons who wish to purchase ZPOP Coins should seek independent tax advice prior to deciding on whether to purchase any ZPOP Coins. The Distributor does not make any representation as to whether any tax conse-quences may arise from purchasing or holding ZPOP Coins.

Regulatory Risks for Non-Regulated Entities

None of the Distributor or its affiliates, if any, are currently regulated or subject to the supervision of any regulatory body in Singapore. Specifically, the Distributor is not regis-tered with the MAS as any type of regulated financial institu-tion or financial advisor and are not subject to the standards imposed upon such persons under the SFA, Financial Advisors Act (Cap. 110) of Singapore, and other regulatory instruments. Compliance under such regulatory instruments include complying with a variety of requirements and standards concerning disclosures, reporting compliance, and conduct of operations for the purposes or maximizing investor protections. Since the Distributor is not subject to such requirements or standards, it will make decisions and/or take such reasonable measures on these issues at its own discretion. Although the Distributor shall strive to adopt best practices on these issues, holders of ZPOP Coins will not enjoy the same extent and degree of protections accorded to investors of regulated entities.

Risks from Ethereum Protocol

Due to the nature of the ZPOP Coins and ZPOP Online being based on the Ethereum protocol, any malfunction, breakdown, suspension, or abandonment of the Ethereum protocol may have a substantial adverse effect on the ZPOP Coins and ZPOP Online. Any advances in cryptography, or related technical advancements such as the development of quantum computing, can potentially also present risks to the ZPOP Coins and ZPOP Online, including, but not limited to, the utility of the tokens for obtaining services, and the rendering of the cryptographic consensus mechanism that underpins the Ethereum protocol ineffective.

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Risks from Third Parties

ZPOP Coins are blockchain-based assets. The security, transferability, storage, and accessibility of such blockchain assets depend on factors such as the security, stability, and suitability of the underlying blockchain protocol and pro-cesses (in this case, the Ethereum blockchain, all of which are beyond the Distributor’s control.) Unforeseeable events such as mining attacks, hacking and unauthorised access to the private key of a wallet where ZPOP Coins are stored may also occur. The Distributor is unable to assure that it can prevent such external factors from having any direct or indirect adverse impact on any of the ZPOP Coins.

Further, third party risks also include misconduct or fraud by third parties and the failure to receive the ZPOP Coins upon making payment due to a third-party wallet’s incompatibility with the ZPOP Coins. Any losses incurred as a result may be irreversible. The Distributor is not responsible in any way for any risks due to the involvement of third parties, or for taking steps to retrieve ZPOP Coins lost in this manner.

AML/CFT PolicyAs part of the Distributor’s responsibility for the prevention of money laundering and the countering of financing of terrorism (“AML/CFT”), a detailed verification of the identity of all persons who intend to acquire the ZPOP Coins and the sources of payment will be required. Depending on the circumstances of each application, the Distributor may from time to time request for further information and/or docu-ments from such persons.

The Distributor is committed to comply with all relevant guidelines which may be applicable to its business in rela-tion to its AML/CFT obligations under all applicable laws. The Distributor reserves all rights to exclude any persons who refuse to provide adequate documents and/or informa-tion as may be requested by the Distributor from the initial token offering and/or any subsequent purchase of the ZPOP Coins.

Further, the Distributor at all times reserves all rights to report suspicious transactions with the Suspicious Transac-tion Reporting Office of the Commercial Affairs Department and to reject all services/ ZPOP Coins in compliance with prohibitions against dealing with or providing financial services to designated individuals and corporates pursuant to the Terrorism (Suppression of Financing) Act (Cap. 325) of Singapore and various regulation giving effect to United Nations Security Council Resolutions.

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