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COVESTINGUltimatemeetingpointforinvestorsand

successfulcryptocurrencytraders.

Investorsfromaroundtheworldcancomparetheperformanceofhundredsofsuccessfuldigitalassetmanagersandmirrortheirtradesautomatically.

Webringtransparency,security,andefficiencytothedigitalcurrencyinvestmentindustry.

Theytrade–youprofit.

Thisdocumentisnotanofferofsecuritiesoracollectiveinvestmentscheme.Contributorsareadvisedtoreadthisdocumentcarefullyinfullandperformduediligenceontheirown.Pleasereadtermsandconditionsbeforemakinganyinvestmentdecision.

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“It’slikehavingthousandsoftradersall

workingforyou!”YoniAssia

AbstractCovestingplatformhelpsinvestorsandcryptocurrencytradersfindeachother.

Investorscaneasilybrowsethroughdozensoftradingstrategies,providedbyprofessionalassetmanagersandsubscribetotheonesmatchingtheirgoals.Thankstotechnology-basedsolutionsandsmart-contracts,CovestingplatformallowsitsuserstoreplicatetradingactivityofachosenModeldirectlyintotheirsegregatedaccountatCovesting.

WhileModelmanagersbenefitfromsuccessfeesgeneratedbyprofitabletrading–Investorsenjoypeaceofmindknowingthattheirfundsbeingmanagedbyindustryprofessionals.

Beatthemarketsbyreplicatingtopperformingassetmanagersandlethundredsofprofessionals’tradeforyou!

MissionTohelpinvestorsfromaroundtheworldenjoyprofessionalassetmanagementservices,bybringingcopy-tradingplatformtodigitalcurrencymarkets.

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MarketWith the enormous development of the crypto currencies and blockchaintechnology, new opportunities are arising in the field of investment. Cryptomarketsareborderless,open24/7,andofferhugepotentialsforgrowth.Rapidlygrowingnumberof initial coinofferings (ICO)has led tomore than1000newcryptocurrenciesbeingcreated,whichare tradedondailybasis.And theydoprovideamazingreturns.

Source:coinmarketcap.com

Inordertofullyrealizemarketpotential,let'shavealookatmarketcapsoftoptechnology-based companies listed on Nasdaq and NY stock exchanges andcomparethemwithdigitalassets:

• Alphabet–650BlnUSD• Microsoft–566BlnUSD• Facebook–495BlnUSD• AlibabaGroup–437BlnUSD

Combinedmarketcapitalizationofallcryptocurrenciestogetheriscurrentlyonlyaround150billionUSD,whichleaveslotsofroomtoexpand.Theoverallcryptocurrencytransactionvolumehasgrownalotinthepastfewyearsandthemoneykeepflowingeither forthespeculativepurposesofgainingcapitalprofitorbysupportingprojectsthatarebuiltondecentralizedplatforms.Duringthefirsthalfof 2017, transactions surpassed the US$325 billion mark, which is pretty

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impressiveforsomethingalotof“financialexperts”deemtobeanichemarket.ThisincreaseinvalueismainlydrivenbyBitcoinandEthereum.Especiallynowthat both ecosystems are inching closer to creating a scalable ecosystem,interesting things are bound to happen in the future. According to Juniperresearch,totalcryptocurrencytransactionvaluemaysurpass$1trillionbetweennowand2022.

Tripledigitgrowth,amazingrisk-rewardratios,andpromisingglobalperspectivesare only few reasons why crypto currencies shouldn’t be overlooked by anyinvestor,willingtodiversifyhisportfolioandprofitfromopportunitiesofferedbyaboomingmarket.

Investorproblems

Aftersomeonedoesmakethedecisiontoinvestinoneoranotherdigitalasset,thereisastickingpoint:cryptocurrenciestradingtakeplaceonmultipledifferentexchanges,havingdifferentrules,oftenrequiringalengthyverificationprocess.MostpotentialInvestorsarelostatthisstage.Anotherproblemisvolatility,whichcan negatively affect the overall trading result of any inexperienced privateinvestor.

Thelearningcurveforinvestingincryptoassetsisextremelysteepandonlyexperienceddigitalasset managers can fully benefit from arisingopportunities offered by the blockchainrevolution.

Atsomepoint,investorsmayevaluateoptionoftrustingmoney to a private crypto trader or afund,inordertogainprofitinnewlyestablishedmarkets.Suchdecisioncanbeveryriskyduetolackofregulationsandthehighpossibilityoffraud.Withsuchhugeinterestandcapital migration into crypto markets, it creates a perfect environment forinvestorscamming,“Ponzi”andpumpanddumpschemes.

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ParticipatinginICOhasitsowndifficulties.Afterraisingmillionsofdollars,manyprojectseither flopped,never kept theirpromises,or completelydisappearedwithinvestors’money.Asaresult,ahugenumberofpeoplelosttheirfundsalongwith their belief in ICO investing for profit. Not tomention thatmost privateinvestorssimplymissthemostpromisingICO’sonthemarketduetothelackofawarenessortime.

Investingindigitalassetsrequiresexperienceandmaybecomeverydifficultandtime-consuming journey, especially for someone who has a full-time job notrelatedtotechnologyoronlinetradingindustry.

Traderproblems

Problemsthatdigitalassetmanagershavetodealwithareequallychallenging.Launching a personal fund requires technical knowledge, programming skills,legalpaperworkaswellasmarketingcostsandotherexpenses.

Onlyseveraldigitalassetfundshavegainedreputationandnecessarybacking,while private crypto traders and newly established funds tend to look forinvestorsinonlineforums,socialnetworksoramongtheirfriends.

Ittakeshardwork,costsandmanyyearsofefforttobuildtrustandreputationinordertoattractproperfunding.Asaresult,manysuccessfultradersanddigitalassetmanagersarebeingoverlookedandenduphavingnoaccesstoinvestorscapital,limitingtheiropportunitiesandnarrowingearningspotential.

With blockchain revolution gaining momentum, more and more digital assetmanagerswillariseofferingtheirservicestoinvestors.Weestimatethatintwoyears’ time, there will be more than three hundred professionally managedcryptofundsandthousandsofprivatetradersoperatingonthemarket.

Professionaldigitalassetmanagersorfundscouldbeasmartsolutionforanyone,willingtogetexposureinthecryptocurrenciesmarket.Buthowretailinvestorscanfindandchoosethemostsuitablecryptocurrencyfund?Cantheybesureabout the safety of investments? Is declared performance of a chosen assetmanagersustainable?

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Solution:CovestingCovestingPlatformistheultimatevenuewheresuccessfuldigitalassetmanagersmeetnew investors,while creating transparent, safe andefficient investmentenvironment.

Covesting platform allows everyday investors to search and compare theperformance of hundreds of proven crypto currency traders andmirror theirtradesautomatically.Afterinvestorsubscribestothemostsuitablestrategy-thesystemwillautomaticallysynchronizealltradingactivityfromthechosenModelinto his segregated account at Covesting, providing the convenience of assetmanagementalongwiththesafetyoffunds.

TradingModelscanbeeasilycreatedby linkinganexisting tradingaccountatexternaldigitalcurrencyexchangethroughAPI.Later,theModelmanagerwillbeabletodecidewhetherhewantsto“list”hisModelattheCovestingplatforminstantlyorkeepitprivateforawhileandbuildsolidtrackrecordfirst.

Each investorhastheabilitytodiversifyhis investmentsbyfollowingupto20differentModels at the same time. Suchdiversificationallows investors tobeuniquelypositionedtorecordgainsacrossmultiplecryptotradingstrategiesandprotect themselvesagainstmassive losses inanysinglecryptocurrency.Moreimportantly,investorsareintotalcontrol-theycanstartorfinishthefollowingwhenevertheywant.

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Modelmanagersarerewardedwith18%successfeesfromallprofitsgeneratedbythefollowers,platformcommissionis10%,whileinvestorsreceiveremaining72%ofincome,availableforimmediatewithdrawalorreinvesting.

Platformcommissionof10%willaccrueintheCOVAssetContract,therightstowhichwillbekeptbycommunitymembersholdingCOVtokens.

For security reasons,Modelmanagerswill never know the amount of capitalwhich is currently following their strategy. Only the number of investors. Allparticipants can choose to publish their real names or remain anonymous byusingascreen-namealias.

CovestingPlatformwillprovidesuchopportunitiesto:

• SetupatradingModelwithseveralclicksandstartperformancetrackingfromdayone

• Describethetradingstrategy,expectedvolatilityandreturns• Attractattentionofinvestorsbypositivetradingperformance• GetinvestorsfollowingyourtradingModel• EarnsuccessfeesonallprofitsmadebyModel-followingaccounts• Buildasolidtrackrecordtogetmorefollowers• Becomeawell-recognizeddigitalassetmanager• Earnreputationandgetreviewsfrompreviousandexistinginvestors• Interactinsafeenvironment,makenewcontactsandgrowprofessionally• Keepablog,postnews,tradingideasandmarketanalysis

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Covestingplatformhelpsinvestingtalentstobringtheirtradingresultsinfrontofthe public and compete with other Model managers in the equally-fairenvironment.WithCovestingplatform,every“street”tradercanstartacareerofdigitalassetmanager.Themoresuccessfulmemberis,themorefollowershewillbeabletogetandmoremoneytomakefromprofitabletrading.

Ourgoal is tocreateaneasy-to-useplatformwithawin-winsolutionforbothinexperiencedinvestorsandprofessionaltraders.

Synergy

With the features described above, Covesting Platform creates a synergizedmarketplace that brings investors, individualcrypto currency traders and professional fundmanagers together. All parties benefit fromCovesting platform: money managers andtraders get access to the new audiences andsourcesofadditionalincome,whileinvestorsgeta broad range of trading strategies to choosefrom and ability to analyze historicalperformanceinordertomaketherightdecision.

Socialinvesting

Likeanyothersocialnetwork,Covestingoffersitsmembersanewsfeed,whichenables them to receive updates from other traders. Each trader can postrelevantinformation,explainaninvestmentdecision,orshareanyotherkindofknowledgewiththeCovestingcommunity.Byfollowingsuccessfultraders,ourmembers can become more knowledgeable and make better investmentdecisions.

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Covestinginfoursimplesteps1. Join.RegisteratCovestingbyfillingasimpleformanduseCOV,BTCorETH

tofundtheaccount.2. Find top traders. Compare the performance of hundreds of successful

Modelmanagersandfindtheonematchingyourgoals.3. Copytrades.Onceyoufoundthestrategythatyouwanttofollow,simply

click“Subscribe”.Youwillbeaskedtospecifythepercentageofthefundsyouwanttoallocateforfollowing.Theamountsforthereplicatedtradeswillbecalculatedproportionally.

4. Monitorandcontrol. Youcannowsitbackandwatchhowprofessionaltraders do the job for you. All trades from now on will be replicatedautomatically.Mostimportantly-youareincontrol.Youcanmanageyourportfoliobysubscribingtothenewstrategiesorstopcopyingatraderatanytime.

PlatformspecificationsAtCovestingweaimtodevelopaneasytouse,secureandefficientsolutionforbothinvestorsanddigitalassetmanagers.Ourdedicateddevelopmentteamisworking hard to deliver prototype version of Covesting platform as early asNovember20th,rightbeforescheduledICOonNovember24th.Thiswouldallowallcontributorstogetfamiliarwithinterfaceandcorefeaturesoftheplatformandseehowcoolitis.Belowweprovideconceptspecificationsoftheplatformaswellasabriefexplanationofcorefeatures.

Registration

All users must be registered on the platform to carry out any activities.Registration is a standard process through email, or you can sign in throughFacebook,Google,Twitter.

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CovestingAccountandwallet

All users of the platformhave their ownuniquewallet created automatically.AfterregistrationwithCovestingplatform,eachusershallhaveBTC,ETHandCOVaddressesintheirWallet.Bydepositinganyofthesecoins,itispossibletomakeinternalexchangesfromcurrencyonetoanother.However,onlyCOVtokencanbeusedfortradingstrategysubscriptions.

Entryfee

Thereisa2%entryfeethatapplieseverytimeuserdepositsfundstohisaccount.ThiscommissionaccruestotheCOVAssetContractincreasingthevaluebackingCOVtokens.

Modelmanagers

AModelmanagerisauserwhocreatedatradingModelinCovestingplatformandlinkedittoexternaltradingaccountatanysupportedexchange,throughAPI.From thatmoment, tracking of all trading activity starts andModel becomesavailableforfollowing.

Investor

Theinvestorisauserwhoisfollowing(subscribingto)achosenModelinordertobenefitfromprofitabletradingofaModelmanager.Eachinvestorcanfollowupto20differenttradingstrategies.

Marketplace.Modelsearch

The platform allows to search, rank, filter and compares dozens of tradingModels.

FollowingtheModel

AtthemomentwhenInvestorfindsasuitablestrategyandstartsfollowing–alltradingactionsofaModelwillbereplicatedattheCovestingsegregatedaccountwithaproportionalamountoffunds,predefinedbytheinvestor.

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Segregatedaccounts

In order to provide security and peace of mind to all investors – we offersegregatedaccountforeachuserwithinCovestingPlatform.NoneofthefundsgodirectlytoModelmanagers,bypassingtrustandsecurityissues.

UnfollowingtheModel

At the point when Investor unfollows trading Model – funds immediatelyreturnedtothewalletafterdeductingsuccessfeesandcommissionsincaseofanyprofit.

EachusercanstopfollowingtradingModelwheneverhelikes.Theonlyoccasionwhen following stops automatically is when the Model manager decides toterminate it. At that point – funds are returned to all of the followers ofterminatedModel.

Profitsharing

In case trading Model resulted in profits for investor-follower, incomedistributionwilllooklikethis:

Successfee-18%ofallprofitstransferredtoModelmanager’swallet

Platformcommission-10%ofallprofitsandwillbeautomaticallycreditedtoCOVAssetContract.

Remaining 72% shall be credited to the Investors wallet along with initialInvestment.

Anonymousmode

AllusersofCovestingplatformcanchoosetopublishtheirrealnamesorremainanonymousbyusinga screen-namealias.However,webelieve thatprovidingrealnamecanbebeneficial,especiallyforsuccessfulModelmanagers.

Usersprivacy

Nopersonaluserdataisavailabletootherusersormoderatorsworkingontheplatform.Thislistincludesbutisnotlimited:emails,walletIDs,orfundsavailabletousers,aswellasdirect linkstoaccounts insocialnetworks,eveniftheyarespecifiedintheuser'sform.Alluserscanremaincompletelyanonymous.

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Speedofexecution

At initial launch, we will offer only manually-traded Models. As soon as APIbecomes“bullet-proof”tested–weshalllaunchalgo-tradingstrategiesaswell.

By implementing smart contracts and technology, we automate digital assetmanagement processes, bypass trust and insecurity issues while makinginvestmentstransparent,simpleandsecureastheysupposedtobe.

For the next following years, Covesting teamwill beworking to develop newtools,whichenableseachmemberofouronlinecommunitytobecomebothasuccessful trader on their own, and contribute from their knowledge andexperiencetoothertraders.

ArchitectureCovestingplatforminfrastructureincludefourmainelements:

• Investorsaccountsection,whichprovidesmulti-currencywallet,portfoliooverviewandstatistics.

• Assetmanager account section,which allows to setupup to10 tradingModelsbylinkingexternaltradingaccountsthroughAPI.

• TheMarketplaceoftradingModels,whereeachinvestorcansearchandcomparehundredsofstrategiesprovidedbytraders.Fromhere,investorsselectmostsuitabletradingModelsandstarttheirsubscription.

• Covesting segregated trading accounts, which are used for replicatingtradingactivityfromthefollowedModels.ByusingAPIconnections,smartcontractsandtechnology,backendofCovestingPlatformexecutesmirrortradesonbehalf of investors automatically, distributes requested fundsandprovidesdetailedperformancedata.

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CovestingTokenCovesting token is an ERC20 token and a smart contract system built on theEthereumblockchain, and designed to be used bymemberswithin Covestingplatform. Following this standard, Covesting tokens are easily transferablebetween users and platforms using ERC20-compatible wallets and can besmoothlyintegratedintoexchanges.

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Covemission

Atotalof20.000.000Covestingtokenswillbegenerated,including1.500.000toconduct PreICO, and 15.000.000 to conduct ICO. Another 2.500.000 will beshared between the founders of Covesting platform and locked in a smartcontractfor3months,whiletherestwillbegeneratedforadvisory,bountyandPRpools.

Tokendistribution

UnsoldCOVthatwerecreatedforsaleduringPre-ICOandICOwillbeburned.Covestingtokensarenotminedbyusersoranyothercompanies.

COVTokengrowth

Members buy COV tokens in order to follow one or several tradingModels,provided by the assetmanagers on the platform. Thus, the demand for COVcorrelateswiththecopy-tradingvolumeattheCovestingplatform.

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DemandforCOVtokens

Astheplatformdevelopsovertime,moreandmoreinvestorsandprofessionalassetmanagerswilljoinourcommunity.Weestimatethatby2020therewillbeover 5000 active users and $50+ mln of capital replicating trades from theindustryprofessionals.SuchgrowthwillautomaticallycreatestrongdemandforCOVtokensandpositionitformultipledigitpriceincrease.

AmountofcapitalreplicatingtradesatCovestingplatform

Formation of a large number of participants in Covesting platform (both -InvestorsandModelmanagers)isthebasisforthegrowthofCovestingtoken.At

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the initial launch of Covesting platform, we will aim to onboard severalestablishedcrypto-currency fundsanddozensofprofessional traders, soevenearlyusersoftheplatformwouldhavetheabilitytochooseasuitabletradingstrategy.Asthetimegoesby,newuserswillregistertheirModelsandvarietyofstrategies will increase, while creating a healthy competition among allmanagers.

Estimatednumberofactivemembers

Successful mirror-trading in the platform will give many positive outcomes:investorswillmakeaprofit,digitalassetmanagerswillgetsuccessfeesaswellasreputationpoints,positivereviews,andhigherrankings.Suchsuccessfultradingwill attract more investors and positively influence the reputation of theCovestingplatformandtheCOVprice.

Platformearnings

Besides natural demand for COV, there are two types of commissions in theCovestingplatformusedtobackCOVvalueandrewardCOVtokenholders:

• Entrycommission2%-chargedeverytimeInvestordepositsfundstohisaccount,inordertostartfollowingtradingModels.

• 10%platformcommissiononallprofitsrealizedbymirror-trading.

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ThesefeeswillautomaticallyaccrueinCOVAssetcontractincreasingthevalueofCOVtokens.

Assetcontract

The COVAsset Contract is an essential part ofhow value will be created for the COV tokenholders.

WithallcommissionsaccruedinAssetContract,it creates a sufficient pool of funds to supportconsistentgrowthofCOVtokens.

RewardingTokenholders

AssoonasCovestingplatformstartsperformingwell–weaimtorewardallCOVtokenholdersbydistributingpartofaccruedcommissionsintheAssetcontract.

Today, there are two main mechanisms to return value to the contributors:dividendsandbuybacks.

Dividends create a variety of problems in the digital asset space, one of theprimaryconcernsispayingdividendstotokensheldonanexchange.Dividendswould be sent to the exchange’s custodial address, not the individuals whoshould own them, as they are the custodian(holders) of assets on theirexchanges.Inordertoallowforadividenddisbursementtoanexchangeholdingaddress, all of the exchanges would have to agree on how to handle thedividends,andtheexchangecouldpotentiallyjustkeepalldistributeddividends.

Havingadividendpayoutalmostguaranteesthatsuchtokenwillbeconsideredasecurityaccordingtoregulators-whichmeansheavierregulationconcernsandgovernmentinterference.ThereisalsothetransactioncostofsendingdividendstoCOVholdingaddresses.

Wedecidedtochooseamoreefficient(andlikelyamoreregulatoryfavorable)valuedisbursementmethod–BuybackandBurn.Technicallyspeaking,wewill

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systematicallybuyCOVtokensonexchangesand“Burn”them.“Burning”meansthatpurchasedtokenswillbetakenoffthemarket,withtheconsequencethatthetotalsupplyofCOVtokenswilldecrease.ThisshouldeffectivelyimprovethevalueofCOVoverthelong-term.

Weaimtoallocateatleast50%ofallplatformearningstosystematicBuy-backandBurnprograms. Such repaymentprogramsetsbestpractices for theneweconomy, and simultaneously serves in the best interest of Covesting tokenholders.

Asthetimegoesby,wewillcloselymonitorregulatoryenvironmentandpossiblyintroduce alternative methods of value distribution according to the marketrules.

Pre-ICOTherewillbeatokenpresalearrangedforpartnerswillingtopurchaseCOVpriortothepublicICO.

Pre-ICOwilloccuron20thOctober–19thNovember,2017

1ETH=300COV

Only 1.500.000COV tobe issued at a special price for the limitednumberofcontributorswhomanagedtodiscoverusearly.

Wearesufficientlyfundedforcontinuousdevelopment,howeversuccessfulPre-ICOwould help us to enlarge the team of engineers and boost developmentspeed of limited-functionality version of the platform. With extra fundingobtained from successful PreI-CO we would be able to release a prototypeversion of Covesting platform in mid-November, right before official ICO onNovember24th.

By disclosing our amazing platform early, we are confident in the extremelypositiveoutcomeofICO,whichwillbemostbeneficialforearlycontributors.

Besidesthat,additionalfundswouldhelpustorunasolid,full-scaleinternationalmarketingcampaign.

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OurgoalforPre-ICOis2000ETHandlimitissetat5000ETH

OnOctober20th,wewillpublishtheETH-addressofthePresalesmart-contractonourwebsiteCovesting.io.Personale-mailinvitationswillbesenttoeveryonewhosubscribedviaourpage.

Pre-ICO shall beexecutedon first-come, first-servedbasis, thereforewecan’tguaranteetheavailabilityoftokensforallinterestedparticipants.

COV tokenswill appear in contributors ERC20wallet several days after ICO isfinished.

Pre-ICOfundsdistribution:

65%-Productdevelopmentteam

• Additionalbackenddevelopers• Frontenddevelopers,designers

35%-AdditionalPR&Marketingexpenses:

• Internationalmarketingcampaigns• Promotionalpartnershipsin4regions-Asia,Europe,Russia,Latin

America• Conferencesandmediapartnerships• AggressiveSocialmediapromotions

Pre-ICO participantswill largely benefit from the early discovery of Covestingproject,whichprovidesafantasticopportunitytopurchaseCovestingTokensatasignificantdiscount.

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ICOICOwillbeheldontheCovesting.iowebsitestartingfromNovember24th.

Thetokensalewilllastfor30days.

Covestingaimstoacceptupto100,000ETHfromourinitialtokencontributors.TheCOVsmartcontractwillstopacceptingcommitmentswhen100,000hardcaphasbeenreached.

ItispossibletotakepartinICOonlywithEther(ETH).

BelowistablerepresentingeachCOVpriceincreasedependingontotalnumberofETHcommittedduringICO.

CUMULATIVENUMBEROFETHCOMMITTED

COVPERETHRATE

0–5,000 200

5,000–10,000 180

10,000–20,000 170

20,000–40,000 160

40,000–60,000 150

60,000–100,000 130

Total:100.000ETH Total:15.000.000COV

Allproceedsfromthetokensalewillfundtheproductlaunch,continuedplatformdevelopment,anduseracquisition:

• 40%Developmentteamwithapproximately15-20engineers.Platformdevelopment,newfeatures,data-testingforHFToperations,mobileappdevelopmentetc.

• 25%–Marketingexpenses,PRandCustomerAcquisition,presentationsandregion-specificroadshows.Digitalcurrencytradingexhibitionsparticipationsetc.

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• 15%Strategicpartnerships.Substantialcostslargelyassociatedwithb2bAPIintegrationfrommultiplepartners-exchanges.Latencyoptimization.

• 12%Operationalspends,employees(excl.developers),officeetc.• 5%Legal,compliancefees• 3%Ownersanddeveloper’sbonus

WhypurchaseCOVearly?

All early contributors will benefit from almost guaranteed profits related tosubstantialdiscountsduringboth-PreICOandICO.AssoonasCovestingplatformislaunched–COVtokenswillbeavailableforpurchaseonlyatmuchhigherprice1ETH=100COV.

ThismeansthatifyoutakepartinthePreICOnow,itmayeasilyincreaseyourcapitalatleastthreetimes,withaveryprobableincreasetoabout30timesassoonasCOVstartstradingontheexchangeandfirstcopy-tradesstartgeneratingcommissionsintheAssetcontract.

Costof1COVinETH

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Exchangelisting

CovestingisactivelyworkingtolistCOVtokensattheleadingcryptoexchanges.COVwillbecometradedonthecryptoexchangesshortlyaftertheICO.

Safetyofcontributedfunds

Inordertoprovidesafetyoffundsandsmoothprocessofcrowdsaletoallourcontributors–weaimtoestablishapartnershipwithAmbisafe.

Escrow

FundscommittedduringtheCOVTokenCreationEventwillbeheldinasecuremulti-signaturewalletandwillonlybereleasedfromtheaccountwith2outof3signatures.

Legal

InJuly,theSecuritiesandExchangeCommissionissuedarulingthatsomeofthe“coins”offeredduringrecentICOsareactuallysecurities,andtherebyaresubjectto the agency’s regulations. By offering dividends and profit-sharing suchcompanies failed the Howey Test, created by the US Supreme Court fordeterminingwhethercertaintransactionsqualifyas“investmentcontracts.”

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TheHoweytestconsistsofthefollowing:

-Isitaninvestmentofmoneyorassets?

-Istheinvestmentofmoneyorassetsinacommonenterprise?

-Isthereanexpectationofprofitsfromtheinvestment?

-Doesanyprofitcomefromtheeffortsofapromoterorthirdparty?

Unlike other tokens, COVhas successfully passedHowey test. COV is a utilitytoken and its purpose is to facilitate services (copy-trading) on the Covestingplatform.COVisnotbackedbyrealassets(suchasrealestate)anddoesn’tgranttheirholdersanydividends.

As TimDrapermentioned inhis open letter: “If thepurposeof a token is forsocietaltransformation,andallproceedsgotothesupportanddevelopmentofthetoken,itneednotregister.”

RoadmapBy2019Covestingaimstobecometheleadingcopy-tradingplatformforcryptocurrencymarket.

ü 2017Q1–ConceptDesign.Researchü 2017April–Analysisoftraditionalcopy-tradingplatformsforstocksand

fx.Featurestesting.Demandresearch.Growthprojections.ü 2017May–Teamformation.Firststepsindevelopmentofarchitecture

ofCovestingplatform.ü 2017July–Heldameet-upwith60+privatecryptocurrencytradersand

investors.Clearlyvisibledemandforaplatformwithmirror-tradingfunctions.

ü 2017September–Landingpageandwhitepaperdisclosed.ü 2017October–Pre-ICOforalimitednumberofcontributors.

Theproceedswillbeusedforaddingnewdevelopmentteammembers.ü 2017November24th–Prototypeversionoftheplatformreleased.ICO

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ü 2017December–furtherfront-endandback-enddevelopment.APItesting.Testmirror-tradesexecuted.Latencytest.Liquidityaggregatorsetup.Newfeaturesintegration.

ü 2017January-ExchangelistingofCOVToken.ü 2018March–Betaversionlaunch.Investorscanreplicatetrading

Models.ü 2018May–Platformimprovements.Continuousacquisitionofusers.

Growingcommunity.MobileApp.ü 2019andbeyond–Covestingplatformhasover5000activeusersand

50mln+USDofcombinedAUM.Algorithmictradingandarbitragebotsarenowavailableforfollowingontheplatform.Newfeaturesavailable.

MeetthecoreteamMy name is Dmitrij Pruglo and I’m a founder and ideologist of the Covestingproject.I’vebeenworkinginfinancialsectorfor11yearsandheldtrading-relatedpositionsinSEBBankandSaxoBank.Ihavebeeninvolvedinstocks,derivativesandFXtradingsince1998.Duringthistime,Iexecutedmytradesusingvariousweb-platforms,tradingsoftwareandalgorithms.Beinganexpertinonlinetradingindustry I can surely state that digital assetmanagement services and cryptocurrency hedge funds will shortly become a “must-have” option for anydiversifiedinvestor.Originalcopy-tradingplatformssuchase-ToroandCovestorinspiredmetooffersimilarassetmanagementsolutionsforthecrypto-currencytraders. Suchplatformwould create aperfect synergybetween investors andprofessionalassetmanagers.I'veassembledateamwithasolidfinancialmarketsbackground, which is motivated to make the world of digital currencyinvestmentsbetter.Together,wewillcreateamagnificentproduct,whichwillhelp many investors and traders find each other and mutually benefit fromeverythingthatCovestingplatformhastooffer.

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DmitrijPrugloFounder,CEO

12+yearsinequity,derivativesandFXtrading.In-depthknowledgeof

financialmarkets,brokerageindustryandmulti-assettradingplatforms.InvestmentmanagerandBanking

professional.SEBBank,SaxoBank,CEOatWisdomBayHolding(privateequity)

TimofejVoroninCo-founder,COO

12+yearsofonlinetradingexpertiseinvarietyofasset

classes.Experiencedsalestraderandexecutivewithstrongbackgroundinfinance.

Swedbank,SaxoBank,OrionSecurities,ArgoTraders

SergeySevantsyanCIO,CTO

20+yearsinITindustry,co-founderofIBW,Consultant

forcryptofunds,ProjectmanageratseveralICO’s,Blockchainevangelistex.SeniorIT@Nokia

KonstantinZherebtsov

InformationSecurityandCompliance11+yearsinsoftwareengineeringandITsecurity.FormerChiefInformation

SecurityatZurichInsuranceISandComplianceatSwisscom

MaxSayganovDigitalMarketingStrategist

15+yearsofmarketingexperiencewithfocusonInvestmentandtradingbusinesses.SpecialistinglobalmarketingcampaignsforSaxoBank,MediagroupLondon,

MarketingLion

AndreyZaveriukhaBusinessDevelopment

Online-investmentindustry10+years.B2bpartnerships,

strategicbusinessdevelopment,client

acquisitionatSaxoBank,SpotOption,Hellogroup

AleksandrStrahSmartcontractdeveloper

10+yearsinsoftwaredevelopmentandtesting.

IvannikovInstituteforSystemProgramming,Developerat:MASIW,LinuxDDVProject.

IvanSologubMarketingandPR

12+yearsinMarketing,ownerofWeb-designstudio.SEO,SMMspecialist.FocusingonICO

marketingcampaignsandcommunitymanagement

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Conclusion• Wearealreadyinprototypedevelopmentmode,andinNovember2017

wewill release a prototype version of the platformwhere anyone canregisterandgetfamiliarwithinterfaceandfeatures.

• Weare inactivecommunicationwithcryptocurrencyfundsandprivatetradersinordertoformaninitialpoolofprofessionalmodelmanagers.

• WehaveasolidmarketingstrategywhichwillensuresuccessfullaunchoftheplatforminQ12018

• Weknowexactlywhatisneededforbothinvestorsandtraders.Wecreatesynergyandmutuallybeneficialinvestmentenvironment.

• We provide simple logic behind COV token value creation. Easy tounderstandandevaluatefuturegrowth.

• UnlikemanyICOcampaigns,wedon’tjustcreateanotheruselesscryptocurrencyinanalreadycrowdedmarket.Weprovidetheabilitytobecomeamemberofthesuccessfulplatformandbenefitfromtokenpricegrowth.

• We have an excellent, competitive team that will create an amazingproductandwillcopewithanydifficultiesdowntheroad.

DisclaimerThisdocumentisforinformationpurposesonlyandisnotanofferoracalltosellstocksorsecurities.

Covtokensarenotsecurities

Useracknowledges,understands,andagreesthatCOVtokensarenotsecuritiesandarenotregisteredwithanygovernmententityasasecurity,andshallnotbeconsideredassuch.

Absenceofguaranteesofincomeorprofit

There is no guarantee that COV tokens will grow in value. There are noguaranteesthatthepriceofCOVcoinswillnotdecrease,includingsignificantly,

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duetosomeunforeseenevents,oreventsoverwhichthedevelopershavenocontrol,orbecauseofforcemajeurecircumstances.

RisksassociatedwithEtherium

COVtokenswillbeissuedontheEthereumblockchain.Therefore,anyfailureormalfunctioningoftheEthereumprotocolmayleadtothetradingnetworkofCOVtokensnotworkingasexpected.

Regulatoryuncertainty

Blockchain technologies are subject to supervision and control by variousregulatory bodies around theworld. COV tokensmay fall under one ormorerequestsoractionsontheirpart,includingbutnotlimitedtorestrictionsimposedontheuseorpossessionofdigitaltokenssuchasCOVcoins,whichmaysloworlimitthefunctionalityorrepurchaseofCOVtokensinthefuture.

Risksofusingnewtechnologies

COVtokensareanewandrelativelyuntestedtechnology.Inadditiontotherisksmentionedinthisdocument,therearecertainadditionalrisksthattheteamofthe Covesting cannot foresee. These risks may manifest themselves in otherformsofriskthanthosespecifiedherein.