BETA VERSION 1.1
THE NUMIV COIN WHITEPAPER
DISCLAIMER • DISCLAIMER • PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU HAVE ANY DOUBT THEN YOU CAN CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). • The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. While we make every effort to ensure that any material in this white paper is accurate and up to date, such content in no way constitutes the provision of professional advice. Numiv coin does not guarantee and accepts no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency or completeness of any material contained in this white paper. Investors and potential Numivcoin holders should seek appropriate independent professional advice before relying on or entering into any commitment or transaction based on material published in this white paper which material is purely published for reference purposes alone. • Numiv coin will not be intended to constitute securities in any jurisdiction. This white paper does not represent a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. Numivcoin does not provide any opinion on any advice to purchase, sell or otherwise transact with Numiv coin and the fact of presentation of this white paper shall not form the basis of, or be relied upon in connection with any contract or investment decision. No person is bound to enter into any contract or binding legal commitment concerning the sale and purchase of Numivcoin and no cryptocurrency or another form of payment is to be accepted on the basis of this Whitepaper
Table of Content
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Disclaimer---------------------------------------------------------------------------------------2
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Abstract------------------------------------------------------------------------------------------4
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Vision statement-------------------------------------------------------------------------------5
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Why is Numiv different?--------------------------------------------------------------------6
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Mining-------------------------------------------------------------------------------------------6
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Lending program-----------------------------------------------------------------------------7
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Trade market-----------------------------------------------------------------------------------8
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Features of Numivcoin -----------------------------------------------------------------------9
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POW/POS--------------------------------------------------------------------------------------10
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Specification-----------------------------------------------------------------------------------10
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The ICO ---------------------------------------------------------------------------------------11
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The ICO structure-----------------------------------------------------------------------------11
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Road Map--------------------------------------------------------------------------------------12
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Fund Distribution-----------------------------------------------------------------------------13
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Team--------------------------------------------------------------------------------------------14
ABSTRACT •
• The Name NUMIV COIN • This Whitepaper outlines the value proposition of Numiv coin, the company’s business model. The lending Program and coin distribution mechanics. Numiv coin will be distributing coins among public contributors around Q4 2017. • Blockchain Technology is a decentralized ledger system that is transparent, immutable and open for all parties involved in a transaction to have access to its data and get notification each time the ledger is updated. Using cryptography and mathematics, blockchain provides a decentralized data base for every transaction involving value which is immutable and resistant to outages and its authenticity is verified by the entire community. Blockchain has provided trusts between individuals no matter the distance between the two parties eliminating third party institutions. Blockchain will disrupt some traditional institution because of its ground breaking features which enables anyone with an internet connection to be able to participate in a transaction. One of the biggest industries that blockchain based use will disrupt is the payment and banking services industries. Powered by the blockchain technology, Numivcoin has made transfer of value between two parties across a decentralized network with little transaction fees. • Numiv coin poises to bridge the gap, with their blockchain to cause a radical change in the ecosystem. The first generation of the digital revolution brought us the Internet of information. The second generation powered by blockchain technology is bringing us the value of Internet, Numiv coin a new platform to reshape the world of business and transform the old order of human affairs for the better. Some of the features of the Numiv coin decentralized ledger technology • That makes it the technology of the future include; • Universal Recognition With the emergence of Bitcoin and other cryptocurrencies, Blockchain technology has gained a global recognition. Lots of industries are now adopting it. Other amazing innovations are being work on presently which will be hosted on the Blockchain network.
ABSTRACT • Anonymity the feature makes the Blockchain truly decentralized with no checks, with this feature huge amounts of funds are transferred on the network without been traced or even knowing the parties involved. • Lower fees and smart contracts this awesome feature makes the transaction on the Blockchain less expensive and no need for a third party to confirm the transaction.
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Transparency The technology Blockchain technology is behind the innovation of cryptocurrencies like Bitcoin makes it possible that all parties involved in a transaction can both monitor and have a copy of the transaction, hence making it decentralized. This feature of Blockchain further fosters trust and honesty between the sender and the receiver of any business transactions carried out. The Numivcoin Blockchain technology will help industries to be more efficient, reliable and trusted. Lots of business are currently been structured around the blockchain technology. Indeed Blockchain is the future of innovation.
• These are the features which Numivcoin integrates to birth an innovative and advance cryptocurrency.
• Vision Statement • The primary objective of the ecosystem is to facilitate the Business Purpose by setting up a Secure Blockchain investment environment.
• Numivcoin: This currency would be named as NumivCoin. NUMIV is a decentralized cryptocurrency with special features of trade, mining and staking
Why NUMIV is different? 1: Very easy to mine from pc while using script algorithm 2: lending program 3: Staking 3% year 4: Trade NUM and earn daily. Mining with your pc while using the script algorithm. Here are some of the benefits of mining with the Numivcoin with the proof of stake, •
Numivcoin makes mining very easy and simple by holding the Numivcoin you can mine more coin by staking your coin in your wallet. This process of staking consumes less power resource and doesn’t requires heavy mining.
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Equipment to mine anybody with a core wallet and some Numivco has the power to secure the Numivcoin network and earn some coin in return. As opposed to mining other blockchain cryptocurrency No need to consume large quantities of electricity in order to secure a blockchain (eg. it’s estimated that both Bitcoin and Ethereum burn over $1 million worth of electricity and hardware costs per day as part of their consensus mechanism).
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Because of the lack of high electricity consumption, there is not as much need to issue as many new coins in order to motivate participants to keep participating in the network. It may theoretically even be possible to
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Have negative net issuance, where a portion of transaction fees is "burned” and so the supply goes down over time
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With the Numivcoin Proof of stake opens the door to a wider array of techniques that use game-theoretic mechanism design in order to
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•Better discourage centralized cartels from forming and, if they do form, from acting in ways that are harmful to the network (eg. like selfish mining in proof of work).
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With the Numivcoin proof of stake algorithm, they will be reduced centralization risks, as economies of scale are much less of an issue. $10 million of coins will get you exactly 10 times higher returns than $1 million of coins, without any additional disproportionate gains because at the higher level you can afford better mass-production equipment.
Lending program • With the Numivcoin lending program we provide a peer2peer platform which solves a critical problem in the crypto-space by allowing the Numivcoin community to acquire crypto-loans and help each other. The system works in such a way that if the borrower does not repay the loan, the pledged coins are transferred to the lender, who can sell the coins on exchange to regain any losses.
• Why the Numivcoin decided on joining the existing P2P lending platforms, is because there is a huge demand for loans. Banks are withdrawing credit and charging higher interest rates, a trend that has become even more pronounced since the crisis in 2008. This turn has led to the growth of peer-to-peer lending. Peer-to-peer lending has been enjoying rapid growth due to its convenience, lower rates for borrowers and higher returns for investors. As has been previously mentioned, P2P also has lower apex. You can invest in Numivcoin in Numivcoin lending platform exclusively from the Numiv coin Dashboard. This investment option involves profiting from Numivcoin trading bot and our special volatility software. You will receive daily profit based on your investment option. Upon investment term completion, you will receive your capital back to take out from the Numivcoin lending platform or optionally reinvest back in lending platform to continue receiving daily profit.
Lending Program Plans
How to participate in Lending program ?
How to Participate in Lending program ?
Reward Program Merge in Lending • NUMIV INTRODUCING REWARD PROGRAM MERGE WITH LENDING PROGRAM 9 LEVEL COMMISSION. • NUMIV Introducing reward program which is merged with Lending program. You can participate in reward program with 2 ways….. •
Whenever you will participate in lending program then automatically you are part of Reward program too.
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Directly login in to Reward Program Back office and Purchase spot.
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Reward Program Based On $20 Lending Program have minimum participation value $120-$100 will goes to Lending program and you will receive daily interest on $100 but $20 will goes to Reward program. If you are only using Lending program then you needs to create account with same user name in Reward program back office too. You will receive 9 level referral commission for each spot. You needs to login Reward program daily if you want to alert and want to earn huge income because whenever you will receive 300% profit you need to put $20 again for continue this process and every time when you will pay $20 you will get 1 more spot in reward program….each spot will give you $29k. So for example if you have 10 spot in reward program you will receive $29k x 10 = $290k. 7% commission on landing program purchase that is extra income if you have referrals. Here is Commission
Reward Program
Reward Program • If you are participating in reward program directly or through lending program you don't need any more referral to earn. It will place referrals automatically under you. It will be based on first come first serve basis. •
In Reward Program NO need to refer.
• Yes. No need to refer. if you are a participant of reward program then you just need to purchase spot and that's it, you need to wait because it’s based on 3x9 Company forced, Reward program completely based on purchase Spots. Our Lending program and direct members will purchase multiple Spots so it will filled like rocket for example if we have 10,000 members in Lending program first time when they will participate in lending program 10,000 Spots will generate when they will patriate in second time then more 10k spots will generate in reward program. Meanwhile more people will join lending or direct reward program, whenever you will receive 300% you need to purchase 1 spot again that mean this circle will never end. every day more and more members will join us and more spots will generate in reward program, each and every member will receive income over and over, meanwhile don't forget you are generating fix income in lending program too, NUMIV reward program is your extra source of income but very soon when we have more than 20 k members in lending program it will be your major source of income too.
NUMIV WEB WALLET • NUMIV INTRODUCING WEB WALLET PROGRAM WITH MERCHANT FACILITY. •
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NUMIV is an Open source Crypto currency like Bitcoin but it is not similar overall…recently 1000 of new currencies came into market and more coming daily we see any currency contributing in crypto currency getting problems or there have lack of solid future plan. Crypto currency is billions USD market now and owners of new currencies just concentrating on ICO and selling coins but numiv have entirely dissimilar concept. Our team is here to contribute in Crypto Currency market and urge to solve some major problems. At the moment after massive demand upfront platform demanding thousands of capital to list their coins in platforms and in resultant some quality products did not rise up. Quality products always take time to grow up or alternatively needs to spend thousands of dollars. Crypto Owners are looking for some platform where they can list coins and their community could access coins easily. we have more then 1200+ coins in market at this moment but only 100+ is listed in major platforms whose merchants can accepts although more than 80% coins did not have this facility and their community always search for this kind of platforms. NUMIV web wallet program is one the best platform which is going to resolve these kind of issues. We are going to demand thousands of USD even first time in Crypto Currency Market and we are going to List your coin in instalments. If Owners can’t pay money to list coins we will give them enough time to generate revenues and pay with easy instalments to NUMIV team because we are sharing this revenue to lending platform members so we have no problem if they will pay us in monthly installments but remember if they will not pay next installments their listing can be disabled any time. We will add some major currencies who are wellknown in these days so that’s our merchant can accept all kinds of major currencies in his website through our API. We have Low fee which is very compatible 0.25% on transaction which is almost 50% less. Numiv web wallet will generate revenue whenever users will send and receive coins and it will become major source of income for NUMIV who will contribute to share revenue with lending program members. Numiv web wallet have modern interface which anybody can use very easily. Members from all around the world can join NUMIV web wallet and send and receive coins with single click. We will upgrade our website day by day and will introduce more and more features.
NUMIV EXCHANGE •
As a trading platform, our job is to take advantage of opportunities in the markets. Sometimes, these opportunities come in the form of entirely new market. Numivcoin’s major focus is to provide borderless means of trade between our users, Numivcoin will provide an exchange market where it can be traded to different country’s fiat currencies. We have integrated Numivcoin as a platform where people can lend money, this will enhance a mass adoption of Numivcoin among the parties involved in the transactions since there is a ready market where it can be traded and exchanged to fiat currencies. Like other means of cryptocurrency exchange where it is been traded for Bitcoin, Numivcoin will provide direct trade access to local fiat currencies helping cryptocurrencies to thrive. You also have a platform where you earn over 40% return of investment. Decentralized Exchange is perfect and standard platform in Crypto Currencies. You can Trade Crypto Currencies Peer to Peer. Right now many Exchanges working all over the world and some are very famous but we see many of them earning lots of Money per day and they are not introducing any opportunity to members. NUMIV decides to introduce new kind of Decentralized Currency Exchange which will entertain you not only in trading but also will be your be your extra earning source too, Most of Platforms asking 0.20% commission on Buy and sell and some are also asking 0.25%. Numiv decided to go with 0.15% in Buy and sell but for the first time in Exchange we are introducing referral Commission on every trade order which is 0.02%.
• What is Retirement Plan?
Retirement Plan is extra saving which will not be deducted from your account but in fact we will save for you 0.02% on your every trade so
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Numiv will generate total 0.11% revenue which we will share with Lending program members. Right now you are using lot of trading platform and end of month you are getting what you hardly achieve with your efforts but Now NUMIV will change this scenario and you will save 0.02% on every trade which you will perform in NUMIV trade program, and every 6 MONTH these funds will available for you then you can withdraw them any time.
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If you are trader and monthly your trade volume is more then 10+ BTC then you know the value of 0.02% even in 1 year you will save 1 BTC isn't it awesome? Today the price of BTC $6000+ and Prediction is that in 2020 it will be 25k+ so if you have 1 BTC in 2020 then you can imagine what could be saved. If you are trading with big volumes then Numiv is best platform for you.
NUMIV LEADER PROGRAM •
NUMIV introducing several opportunities of earnings in NUMIV and Leader program is one of unique platform of NUMIV.
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First you need to understand what Leader Program is and how’s it work?
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Leader program has been designed for those people who are passionate, hard worker and committed. If you are supporting Numiv that mean you are leader. Leader program has designed to boost up all members and seeking new members on daily basis to buy numiv. All over the world Leaders can join NUMIV leader program. First we are working on language section because we can’t give support to different language. Many websites of crypto currencies have same problem and we are solving this in Leader program. –NUMIV will choose leaders/Workers all arounds the world and they will support you in your own language and of course with videos, blogs etc. Leaders will represent their country and Language. We can choose multiple leaders for 1 country and it will be based on population and languages which people are speaking there. We are going to share handsome income with leaders in this sense so we will give them Platform where they can chat directly with interested members and they will be their referrals and they will earn commission as per our plan. Second in reward plan automatically we will placed that user under that leader who will support him/her. We will pay handsome monthly income to leaders who are supporting and participating in Leaders program for numiv growth. They can cash out daily or monthly it will depend on leaders. Leaders can share ideas and will keep in touch with core team to solve’s user problem or keep informed that what our majority of members needed. We will try to fulfil user problems as soon as possible.
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How I can participate with Leaders Program?
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1: If you have number of good referrals in ICO + lending Program
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2: You are dedicated and very active in Social media and have good Portfolio.
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You just need to fill simple form and wait for approval and all other instruction, approval can take little time, it will depend on number of applications volume.
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We will instruct to every leaders how they can support numiv and can participate in growth of numiv. Every leaders need to follow instruction strictly, their levels will upgrade after complete their task and their income will grow whenever they will pass level. This idea will keep in touch our core team in market and daily we will participate in Numiv growth and this is what actually members needed in these days in any crypto currency because Support team is so far from them, they can’t be in touch with support team but in our case you can be in touch every day with our support team discuss your problems and ideas then together we will grow numiv.
NUMIV making new team in market which is giving complete service for your ICO. Our developers can create POS or crowd sale ERC20 tokens ETH based. We introducing different Packages and you can choose which is fit as per your budget and rest we will do.
Our services
POS or Crowd sale ERC20 Token
ICO WEBSITE
NUMIV ICO PLATFORM
Email marketing
Advertisement
Social Media Team
And much more You need to Pay NUMIV coin, which you can purchase from Numiv COIN website and then wait for complete development. Our team will support you day and night. If you really want to participate in Crypto Currency then you have to Contact with NUMIV team and start new revolution. Our team have lot of innovative ideas and complete projects which you can use in your coin growth if you are ready to Partnership with NUMIV then we will also develop that kind of ideas. But you need to pay for our services and this services 80% we will share with NUMIV Lending program members and 20% to our development team. ICO platform will reveal very soon please see road map for more details.
FEATURES OF NUMIVCOIN • BLOCKCHAIN TECHNOLOGY • Blockchain technology is a distributed ledger recording technology; it can record transactions in a secure, transparent, decentralized, efficient, and low -cost way. Blockchain technology originated with Bitcoin as a bottom-level technology, it was originally used to record historical transactions of encrypted digital money such as Bitcoin. As the research on digital money went deeper, the underlying blockchain technology was separated from Bitcoin and further developed as a technology related to existing technologies such as cryptography, network topology, and consensus algorithms. There are several types of block chains – public blockchain, private blockchain and hybrid blockchain. Each type has its advantages and disadvantages, allowing them to meet needs of various applications Key advantages Blockchain technology is a disruptive technology with many advantages. First, the decentralized structure, which lacks a centralized database, enables the blockchain to operate with high efficiency and low cost. It is also resistant to outages of a centralized database. Secondly, the technology solves the double-payment problem. The public ledger is shared by users on the Internet. It ensures the security, transparency, and integrity of data, which cannot be tampered with or forged. It helps to protect the security and privacy of user data. Thirdly, because blockchain is programmable, it can increase flexibility and reliability in various applications, currently the main drawback of using block chain technology is the high usage of power and computing resources by the distributed system Potential applications with these features, blockchain technology may be applied in many areas. Swan presents three categories of potential applications. • The first is currency, including currency transfer, remittance, and E-payment System.
Feature of NUMIV • The second is smart contracts in financial markets. The third is other social applications beyond currency and financial markets, such as notary, voting and healthcare applications; blockchain has also been discussed as the application of blockchain in digital identification, voting systems, and financial applications the potential applications of blockchain technology in the shared economy. The central banks of many countries, including Britain and China, have issued reports or statements to promote the research on blockchain and its applications in financial industry. • (POW/POS). • The Numivcoin is a cryptocurrency that is built upon blockchain, which is underpinned by the consensus mechanism called the Proof-of-work (POW)/ proof of stake (POS). The POW is similar to Proof-of-Stake (POS) with the main difference being that it integrates behavior trusted to be positive for the entire economy, while POS derives importance from the user‘s account balance. • Numivcoin major algorithm is that of Proof-of-Stake (POS), because it does not require large scale computing resources for maintaining the Blockchain. The Numivcoin network emphasizes security and trust-less computing. The NUMIV blockchain is run by a network of nodes operating together in a p2p configuration. The nodes record and verify transactions that are transmitted on the network. At block time (periodic intervals), these transactions are grouped together and then go through a hashing process that connects them to previous blocks. The network’s participants are anonymous and there is no restriction on their caliber.
NUMIV SPECIFICATION SPECIFICATIONS • Coin Name: NUMIV • Coin Algorithm Script :(POW/POS) • Coin Abbreviation: NUM • Coin Base Maturity:55 blocks
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Total coin supply: 28 Million
• Minimum stake age:8 hours • Maximum stake age:365 days
The ICO • The Numivcoin ICO will be launched on a yet to be disclosed date by a team with solid and relevant skills to execute at the enterprise level. Please check the numivcoin website (www.numivcoin.com) for the latest information. The numivcoin ICO has clearly defined realistic goals. Efficient utilization of funds, as well as business-based thresholds for both minimum and maximum raise will be available. Furthermore, the ICO and post ICO development is governed by the industry’s best practices in good governance for the project, team and technology. We are also offering premium rewards for early joiners. Visit www.numivcoin.com
ICO Structure • ICO Structure: The ICO will feature 5million Numiv coin (5, 000,000) for sale, with each coin creating a broader opportunity to be held by Numiv coin holders. Only 5,000,000 numiv coin is currently available as pre-mined to be sold in ICO. This means that the rest of the coins will be mined by the Numiv coin community. The ICO sales will run from (November 25 2017 to December 25th 2017). The crowd sales will be carried out in way that it will benefit the early adopters.
ICO LAUNCH. Prelaunch Date 13 Nov 2017 ICO START DATE 25 NOV 2017
ICO END DATE 25 DEC 2017
ROAD MAP
Find us Websites: http://www.numivcoin.com http://www.numivnews.com Social Media https://www.facebook.com/numivcoin/?ref=bookmarks https://twitter.com/numivcoin https://www.youtube.com/channel/UCb7kW2T6BgbpnkBGNsIk_IQ
