BARDINVESTS
Unconquerable Assets – The BardInvests Way

Executive Summary
Arbitrage Partners AG. team developed a new project called BardInvests Coin:
The first multi-blockchain token system.

Problem

Ever since the introduction of Bitcoin in 2009, many new blockchain based projects have been launched. The recent surge of these alternatives indicates a movement away from a single cryptocurrency focus to a variety of cryptocurrency-based applications built on top of blockchain-based technology. However, severe drawbacks arise if research and development efforts are not shared and communicated effectively between them. Projects risk ending up as separate islands, which ultimately slows down mass adoption of blockchain technology.

Aim

We believe that we can both strengthen the crypto ecosystem through deeper collaboration among different blockchain projects, and protect and empower community members by facilitating movement between blockchains via intuitive conversion of tokens.

Approach

BardInvests Coin is a blockchain project conceived by the team behind Arbitrage Partners AG and the First Multi-Blockchain Token System. Moreover, BardInvests Coin is conceived as an open-source, open-innovation driven scientific research project. By collaboration with researchers at the prestigious Technical University of Vienna, together we will bring Token Atomic Swap Technology (TAST) project to life and release the work as an open-source technology capable of performing a vital role within our digital future.

Advantages

As a multi-blockchain token system that allows for seamless cross-chain token transfer, BARDINVESTS Coin will:

• Fostering Cooperation and promote Synergies between blockchain platforms
  •     Enable real-time arbitrage between exchanges
  •     Offer a future-proof solution regardless of technological change
  •     Introduce a new metric to measure the real-time BARDINVESTS COIN (BARDINVESTS Coin) usage and distribution among blockchain platforms with the Have an ultimate speed in sending/receiving/swapping the coin. blockchain domination index
  • Have an ultimate-speed in sending/receiving/swapping the coin
  • Open many new doors to arbitrage not only in crypto based platforms but also other industries such as stocks, currencies, real-estate and even BARDINVESTS COIN’s
  • Provide multiple transactions at once with the lowest fees compared to what other similar cryptos provide
  • High-security levels when it comes to your wallet. BARDINVESTS Coin will be able to be stored perfectly safe into the most popular hardware cold-wallets including Nano-X, Trezor, Exodus etc.

Roadmap

The BARDINVESTS Coin Project will be rolled out in three phases, moving incrementally toward decentralization and community ownership and control. Phase one allows BARDINVESTS COIN to be shifted between multiple blockchains via the Arbitrage Capital Inc. platform. The second phase involves the release of a public API facilitating automatic shifting of BARDINVESTS COIN between blockchains. The third and final phase involves the utilization of atomic swaps, Lightning Networks and smart contract technologies to accomplish the complete decentralization of BARDINVESTS COIN trading.

Vision

We want to bring influential blockchain projects together, improve communication between developers, researchers and users, and set standards for on-chain tokens. Through open collaboration with these diverse stakeholders, we can determine best practice regarding issuance and exchange of BARDINVESTS COIN tokens on every blockchain.

Background

Blockchain Technology Cryptocurrency Segregated Witness Atomic Swaps Lightning Network

Introducing BARDINVESTS Coin

Seamless: Cross-Chain Token Transfers Real-Time Cross-Chain Arbitrage Blockchain Domination Index Advancing Market Readiness of Decentralized Blockchain Solutions

Roadmap

Current Phase: Growing the BARDINVESTS Coin Community General Guidelines for becoming a part of BARDINVESTS Coin

Phase One: Proof-of-Concept &Interim Solution Phase Two: Automation

Phase Three: Decentralization

Initial Coin Offering

Distribution Formula Referral Program Company Reserve Airdrop

Launchpad

Crypto Community
Decentralized Exchange
Charity Chain based on Blockchain
Motivation

Ever since the introduction of Bitcoin in 2009, many new blockchain based projects have been launched, each with their own set of features and specifications. While Bitcoin aims primarily to facilitate trustless accounting and transactions, newer projects such as Ethereum incorporate the ability write and execute decentralized code. Meanwhile, Litecoin, a currency created by former Google engineer Charlie Lee as a side-project in 2011, has been able to establish itself as a worthy Bitcoin alternative, lowering transaction processing time and fees through adjustments to the size and frequency of blocks. Other coins differentiate themselves by enhancing key concepts in cryptocurrency such as privacy (Dash, Monero, Zcash) or stability in value (e.g. Tether). The number of cryptocurrencies and tokens available on the internet today exceeds 1,400, with new blockchain-based tokens launched every day. The surge in the value, of not only Bitcoin but especially its more recent derivatives, indicates a movement away from a single cryptocurrency focus (Bitcoin) toward a broad ecology of cryptocurrency-based applications built on top of a network of separate, but related blockchains. With the rapid increase in blockchain-based projects comes the risk of ineffective communication between both developer teams and end-users. This scenario leads to non-productive competition between developers, deters talented new minds from entering the crypto space and alienates end-users, who use online discourse to choose between the vast multitude of available cryptocurrencies. This increases the probability of failure of blockchain projects, negatively affects valuation of all cryptocurrencies, and ultimately hinders mass adoption the blockchain technology. According to a study by Deloitte, 92 per cent of the blockchain pro-jects launched in the last three years have ultimately stagnated or failed. In fact, this is a reality not just for blockchain technology, but for open source development in general, with most projects ending up abandoned, superseded, or failing to achieve a meaningful scale. Despite sharp rises in the valuation of many well-known crypto-currencies in recent years, the blockchain space is far from immune to the dangers associated with open-source development. Our conclusion, therefore, is that deep and sustained collaboration between blockchain projects, currencies and communities is vital to the value of the crypto ecosystem as a whole. The keystone to such a fruitful collaboration, we feel, is the development of technology that allows freer movement of tokens and value between existing blockchains; increasing the fungibility of crypto tokens will necessarily improve the health of the ecosystem as a whole, for users, developers and researchers alike.

2.1 Blockchain Technology

Blockchain technology offers a way to securely and permanently re-cord data using cryptography. Publicly owned nodes store a complete recording of past and present “blocks” of data, and are constantly synchronized in order to ensure the validity of new entries into the database. The individual blocks are linked by mathematical algorithms, forming a long chain. After being written into the blockchain, data in a block cannot be subsequently changed without the consent and consensus of the network. Blocks are created through a process known as mining, which involves cryptographically grouping recent transactions into a new block, and adding this block to the existing chain. Miners are rewarded for this task with newly-minted units (block rewards), as well as with transaction fees included specified by users when making a transaction (transaction fees). While the best-known implementations of blockchain technology is as a cryptocurrency, generally speaking, the possible use-cases of blockchains extend far beyond the domain of finance. As the technology has matured, nascent systems have emerged that use the blockchain to record events, prove the existence and ownership of documents, manage citizen identity, store medical records, and to track the origins and movements of physical commodities such as food and produce. Further novel uses of blockchain technology are constantly in development worldwide.

2.2 Cryptocurrency

Cryptocurrencies are digital assets designed that store and exchange value. Cryptography ensures the validity of transactions and ownership, while hard-coded rules can be used limit the total supply of currency, both in the present and future. The Bitcoin protocol and currency, conceived in 2008 by an anonymous person or group called Satoshi Nakamoto, and implemented in 2009, today represents not only the first and most popular cryptocurrency, but also the first working implementation of blockchain technology in general. Unlike centralized electronic banking systems, the Bitcoin protocol (as well as most other cryptocurrencies) operate under distributed and decentralized ownership and control. Since all Bitcoin transactions are visible on the blockchain, and since cryptographic techniques ensure that each user cannot spend units more than once, in crypto currencies render obsolete key functions of traditional banking systems as trusted third parties that can validate ownership and transfer of value. Instead, these encryption techniques take over the roles of clearing houses and other intermediaries.

Smart Contracts

Smart contracts were first described by Nick Szabo in 1996, and refer to computer protocols that facilitate, verify, and enforce the negotiation and execution of contracts. Many types of contractual clauses can be made partially or even completely self-executed, self-enforced, or both. Smart contracts have the goal of providing greater security than traditional contract law and thus, have the potential to reduce costs associated with contracting. Currently, smart contracts are implemented based on blockchains and associated with crypto-currencies, but are likely to figure into novel blockchain developments in the near future.

2.3 Segregated Witness

Segregated Witness, or SegWit, was initially proposed as a partial solution to the Bitcoin scaling debate. It is an amendment to the Bitcoin protocol, also known as a “soft fork”, activated in 2017. SegWit changes the format of transactions within blocks, reducing transaction size and therefore increasing the number of transactions that can be included in a block. More specifically, SegWit splits a transaction into two segments: the sender and recipient data is stored separately to sensitive data like scripts and signatures, which are moved to the new „witness “structure. This witness structure is counted as only a quarter of its actual size when determining its contribution to a block, thus making it possible to fit more transactions into a block. This change serves two purposes: An attack class called malleability attacks is mitigated, and furthermore, due to the reduced block size, the number of transactions recorded in a block is increased. At the same time, SegWit results in faster payment channels, as it lowers the cryptographic workload, simply appending signatures from the transaction as a separate structure after the main part of the transaction has been processed. Since its successful implementation for Bitcoin, it has also been incorporated into other cryptocurrencies, such as Litecoin, Decred and Vertcoin.

2.4 Atomic Swaps

Atomic swaps allow for the instant exchange of cryptocurrencies bet-ween two parties on two different blockchains, peer-to-peer, at previously agreed terms and without the need for third parties to oversee or facilitate the transaction. This technology enables instant transfers between multiple cryptocurrencies in a completely trustless manner and with zero counterparty risk, as transactions either complete successfully in full, or are canceled and all coins returned to the original owners. The main objective of the atomic swap technology is to create interoperability between blockchains, allowing seamless, near instant direct trades between cryptocurrencies and other digital assets. The concept of atomic swaps is not new: it was introduced as atomic cross-chain transactions by Tier Nolan in 2013. Development of a working implementation of atomic swap technology has taken some time, but technological breakthroughs such as SegWit have made the realization possible: very recently, developers from the major crypto projects have begun testing and even completing atomic swaps. Komodo’s lead developer, JL777, who recognized value in Tier Nolan’s concept, built the necessary framework and his first atomic swap just a year later in 2014. Since then, numerous atomic swaps have been proven viable. In 2017, developers from Decred created the first fun-ctioning cryptocurrency atomic swap between Decred (DCR) and Litecoin (LTC).

How it Works

An atomic swap is, from the user’s perspective, very similar to a regular cryptocurrency transaction, but allows cross-trading of multiple currencies. Using the built-in scripting languages of a given crypto currency (e.g Script for Bitcoin, Solidity for Ethereum), one current technical implementation of an atomic swap system creates hashed time-locked contracts, which, in turn, utilize the multisignature and time lock features available in the basic scripting language used for most cryptocurrencies currently in existence to synchronize two transactions on two independent blockchains without having to trust each other. The digital signatures act as a functioning escrow that prevent one party from sending coins to another party, and not receiving the bargained for swapped coins in return.

The Atomic Swap Process

Both parties, in our example Alice and Bob, submit their individual transaction to the appropriate blockchain:

Alice sends Y coins on Blockchain Y

Bob sends Z coins on Blockchain Z

Alice claim Bob’s Z coins and reveals her secret number (X) publicly on Blockchain Z.

Bob can find X on Blockchain Z and use it to claim Y coins on Blockchain Y.

The recipient can only claim his/her desired coins by revealing a secret number, X, which is the missing piece needed for the other party to claim coins. This results in a coupling of the two transactions, despite the fact that each took place on a different blockchains. Key to a successful atomic swap system is the prevention of loss in the event of non-cooperation by one or more parties during the process of exchange. Through the above described procedure, both pes’ coins are returnable if the other party fails to cooperate. Either the timer expires, and they get their coins back, or X is revealed and both Alice and Bob are able to receive their desired currency, without any commission taken by the token- swapping protocol. The cross-chain swap described above is based on CheckLock Time- Verify ( CLTV ) , a soft-fork update proposed by Bitcoin Core Developer Peter Todd. Essentially, it allows users to create a Bitcoin transaction of which the outputs are time-locked until a specified date, or until a certain number of blocks has been mined. CLTV is necessary for properly functional payment channels, because the use of a time-lock acts as a failsafe in the case of non-cooperation of one or more parties. Channels implementing CLTV effectively facilitate a series of “off-chain” transactions, while retaining all the security of typical on- chain transactions and adding possible additional benefits such as escrow.

Status Quo

Current implementations of atomic swaps are neither easy-to-use or private. Merkleized Abstract Syntax Trees (MASTs) have been proposed as a privacy improvement. Assuming their eventual integration into Bitcoin and other digital currencies, MASTs have the potential to significantly improve privacy by obfuscating sender and recipient in-formation. Other difficulties for current atomic swap systems include the fact that transaction partners must first find each other, that both have to agree to fixed terms before the transaction, and that several transactions are still ultimately required on multiple blockchains.

Future Outlook and Potential

While atomic swaps have been successfully conducted using prototype systems, the current lack of user-friendliness hinders widespread mainstream adoption of the technology. Demand and need for easy-to-use atomic swap technology will only increase; for this reason, we find it timely to begin active development of a high-quality, open-source atomic swapping protocol, believing that facilitation of currency swapping will have the additional benefit of bringing currently separate blockchain-based projects closer together, enhancing cooperation, reducing duplicated efforts, and resulting in a healthier crypto ecosystem.

2.5 Lightning Networks

The Lightning Networkis an infrastructure built on top of the Bitcoin protocol that facilitates instant and high-volume micropayments, while retaining Bitcoin’s core values of decentralization and trustless-ness. It is one of the first implementations o fa multi-partly Smart Contract that uses Script, the built-in scripting language of Bitcoin.

Instant Micropayments and Scalability

Currently, Bitcoin transactions are neither instant nor free. With Bit-coin, payments are widely regarded as confirmed after six or more block confirmations (i.e. inclusion of the transaction within a block, and the inclusion of this block within five blocks to follow). Because Bitcoin blocks are generated at intervals of approximately ten minutes, full agreement regarding a transaction’s existence can easily take over an hour. This problem is exacerbated when the transaction pays a very low mining fee, which disincentives miners from including the transaction in an upcoming block. Furthermore, the increase in popularity of Bitcoin has made space within blocks more precious; at multiple points in 2017, for example, Bitcoin fees rose to all-time- highs, as users clamored for space within crowded blocks. On the Lightning Network, however, payments don‘t require block confirmations, nor do they compete for space within blocks. Instead, they are instant and atomic, and thus more convenient for use at retail point-of-sale terminals, or anywhere else where transaction speed is a high priority. Furthermore, Lightning opens the possibility for micropayments, and therefore potentially an entirely new market. By moving small transactions off-chain, and settling only when one or more parties wish to, fees are kept minimal, and actual use of the blockchain is reserved for more critical transactions. Lightning networks are therefore particularly well-suited for the ever-increasing use of internet connected devices, which handle an increasing pro-portion of all transactions, and figure more and more prominently into points of sale.

How it Works

The specification for using the Lightning Network relies on SegWit, which is already active for Bitcoin, Litecoin, Vertcoin and other block-chains. Lightning Network payment channels can be opened commit-ting funds to a two-party, multisignature „channel “address on the relevant blockchain. This funding transaction acts as a public ledger entry, under which users can carry out any number of off-chain Lightning transactions. The various created channels form a network, th-rough which new transactions can find paths, allowing transactions between channels that are not directly linked. A decrementing time-lock script enforces either a complete, successful payment within a given period of time, or, upon failure, the nullification of the payment. Only when a channel owner decides to close his/her channel does the final balance of both parties get updated on the blockchain. This allows for unlimited transactions off-blockchain, with a comparable level of security and trust of anon-blockchain transaction. The real-world equivalent of this technology is the conclusion of legal contracts between many parties without the need to be in court every time a contract is signed. You gain legal certainty of the contract and only in case of non-cooperation must disputes be challenged in court. However, in the case of Lightning Network payment channels, the ruling from the court is replaced by the deterministic result of the blockchain.

Altcoin Lightning Networks.

Although the Lightning Network was originally designed for Bitcoin, other currencies forked from Bitcoin’s codebase (e.g. Litecoin, Doge-coin, Zcash) are also capable of hosting lightning networks. Similar solutions can be accomplished for non-Bitcoin-derived protocols as well (e.g. the Raiden Network for Ethereum). Importantly, Lightning Networks use hash time-locked contracts to link payment channels in thesame way that atomic swaps link blockchains.

Cross-Chain Lightning Networks.

Because most cryptocurrency implementations share core components, and given the viability of atomic swaps described above, the development of interoperable, cross-chain Lightning Networks becomes a realistic possibility. Importantly, cross-chain Lightning Networks would have mutual benefits for the blockchains involved, and their users: for example, with such a system, Bitcoin-to-Bitcoin payments could be performed by Litecoin peers if they happen to be cheaper.

Introducing BardInvests Coin

BardInvests Coin is an initiative conceived by the team behind Arbitrage Capital Inc., aiming to serve as a lighthouse project in an increasingly fragmented blockchain space. Within this landscape of innumerable blockchains serving increasingly diverse purposes, BardInvests Coin seeks to provide channels for both communication and cross chain exchanges of data and value. Ameliorating current barriers to partnership and collaboration between developers, institutions and users will speed up innovation in blockchain research and technology, linking currently separate blockchains so that they can scale and mature together. To further encourage collaboration and a free flow of ideas, BardInvests Coin will be developed as an open-source scientific research project, collaborating on atomic swap-based technology with researchers at the Technical University of Vienna, and on open- innovation driven knowledge generation through collaboration with exploration space working group within the Austrian Academy of Sciences.

3.1 Seamless Cross-Chain Token Transfers

BardInvests Coin will enable seamless cross-chain token transfers by creating a standardized interface for interacting with multiple blockchains and by establishing the first multi-blockchain token system. Through partnering with major blockchain platforms, the BARDINVESTS COIN token will be introduced on their blockchains, allowing seamless transfers of value between them. BardInvests Coin users can transfer their BARDINVESTS COIN from one blockchain to another for any reason, without any additional charges beyond any transaction fees paid to miners. Should a user desire to move BARDINVESTS COIN, a target blockchain to migrate to must simply be chosen. The development of a cross chain token benefit applications and ecosystems on participating blockchain projects in a number of ways:

• Fostering Cooperation-Promoting Synergies Under the framework of the Austrian national initiative for Open Innovation, we aim to encourage cooperation between various projects in the crypto economy. Best practices and standards on key issues such as atomic swaps, transaction fees and Lightning Networks can only be established through an open dialogue with diverse participants in the crypto community. Through our collaboration with exploration space, we will organize meetups, panels and hackathons that lead to open-source solutions to key issues in the blockchain ecosystem, building stronger links between blockchains, their developers and users.
  •      Future-Security regardless of Technological Changes BardInvests Coin and the BARDINVESTS COIN token have major benefits for blockchains and their users. For blockchains, BARDINVESTS COIN provides a new point of access and new stream of value; for users, BardInvests Coin provides a means of easily migrating to a preferred chain; it therefore eliminates the risk of having value stuck on projects that are compromised, abandoned or which devalue overtime.
  •      Real-Time Cross-Blockchain Arbitrage and a new metric BardInvests Coin will make visible for the first time exactly how value flows between blockchain projects. Using the BARDINVESTS COIN token traders will therefore be able to exploit emerging price differences between cryptocurrency pairs. For this reason, associated with the development of BardInvests Coin will be the development of a system for tracking value migration between blockchains.

3.1.1 Real-Time Cross-Chain Arbitrage

Arbitrage is the execution of financial transactions in order to benefit from price differences that the same asset can have in different mar-kets. More specifically, arbitrage represents the ability to profit from these differences until they diminish to zero, which often occurs due to the execution of the arbitrage transactions themselves. Generally, fully functioning open markets have almost perfectly aligned values between exchanges. If differences in price emerge, they can be exploited for profit via arbitrage, which will in turn lead them to close very quickly again.

Arbitrage opportunities with BARDINVESTS COIN

Because BARDINVESTS COIN will be exchangeable on different blockchains on a one-for-one basis, the market introduction of BARDINVESTS COIN on various exchanges will cause price differences in the same token against different currencies. Initially, traders will be in a position to exploit emerging price differences between cryptocurrency pairs and use BARDINVESTS COIN as a universal denominator token to profit. With increasing acceptance and growth, opportunities of arbitrage trading using BARDINVESTS COIN will be efficiently exploited; the introduction of BardInvests Coin could therefore add needed stability to the currently volatile cryptocurrency trading market. BTC devalues 10% compared to ETH, the corresponding BARDINVESTS COIN rate doesn‘t change quickly enough — arbitrage opportunity rises

Rate changes from

ETH/BTC=0,1

ETH/BTC=0,11

Blockchain Domination Index

BardInvests Coin’ portability feature allows BARDINVESTS COIN to become the first universal denominator token. This will allow for the introduction of a new crypto economic metric: a Blockchain Dominance Index, which will show real-time token usage and distribution among blockchains and, thus, can measure each blockchain ‘s significance for BARDINVESTS COIN. Moreover, when users successfully adopt BARDINVESTS COIN, its flow between blockchain projects could provide a reliable metric that captures public confidence in a given project’s vitality, opening up a pathway toward predictive analytics in cryptocurrency valuation, and in valuation of the crypto ecosystem as a whole.

3.2 Advancing Market-Readiness of Decentralized Blockchain Solutions

BardInvests Coin is not only the first multi-blockchain token system, but also an open-source scientific research project aiming to further decentralize blockchain solutions and increase their suitability for the mass market. It is a foregone conclusion that the future of the internet is decentralized, with blockchain technologies forming a major component within a broad, distributed network. Therefore, we are partnering up with universities, research institutions and knowledge hubs to accelerate the research efforts on decentralized blockchain technologies (e.g. atomic swaps, payment channels, etc.) to build decentralized solutions suitable for the mass market that are reliable, open and provably fair. Living up to their reputation as highly esteemed partners of innovation-oriented enterprises, TUWien provides us with dedicated research staff for a joint project entitled ‘Token Atomic Swap Technologies’ (TAST). The project is supervised by Dr.Stefan Schulte, Assistant Professor for Industrial Cyber-Physical Systems at TUWien. The core aim of TAST is the introduction of atomic swap technologies into the BardInvests Coin Project by the Distributed Systems Group (DSG) of the TU Wien. Based on insights gained from this project, prototypes of on-chain atomic swaps will be built to demonstrate the mass market suitability. On-chain atomic swaps are a critical current issue in the blockchain community. While initial working prototypes and APIs are now available, these are not yet mature enough for widespread adoption by end-users. Currently, another interface is needed to exchange information outside the participating blockchains. So far, this interface had to be set up manually by the parties involved in the swap. TASTaims to improve these kinds of utility transfers through automated means of exchange. The research results gained from the TASTproject could extend to BardInvests Coin, functioning as a traffic monitoring and management system, locating and establishing atomic swaps and Lightning Networks. The creation of such a system could greatly facilitate the mainstream market access to decentralization technology.

Decentralized solutions for a decentralized currency

Based on the current state of knowledge, much further research on decentralization technologies (smart contracts, atomic swaps, and the Lightning Network) is still necessary to reach this goal. Therefore, we place a public call for collaboration within our “decentralization research project”, welcoming research institutions, blockchain businesses, and crypto enthusiasts in general. Our firm conviction is that the coming era of a decentralized web necessitates the development of spaces in which people with different kinds of expertise can collaborate and develop innovative tools and products. For us, BardInvests Coin is first and foremost intended as a way to foster a healthier, fairer and more open crypto ecosystem, while at the same time honoring and preserving the key qualities of privacy and decentralization that have recently brought crypto-currency into the imagination of the general public for the first time. Our aim of creating an open community for blockchain and crypto-currency will therefore be undertaken in collaboration with exploration space, a research group within the Austrian Academy of Sciences that focuses on the development and analysis of new strategies for innovation. In this partnership, we will organize hackathons and meetups to create open-access solutions for key issues affecting the crypto ecosystem, such as optimal transaction fee calculation. These workshops will foster engagement between students, academic institutions, industry and the public, aligning with Switzerlands official Open Innovation Strategy. The BardInvests Coin community will therefore be an example of Open Innovation in action, with the exploration space providing analysis and expertise, and publishing research papers on the theme of novel open knowledge generation strategies.

Roadmap

Transparency and openness have always been inalienable values in the crypto space. Therefore, instead of submerging after the completed ICO for a few years to do “research in stealth mode”, we aim to rapidly assemble working solutions using currently available technology. We do this because we firmly believe that open, transparent communication between diverse stakeholders yields better results than secretly working for months or years to meet over-promised results in highly orchestrated unveilings. We will follow a lean and agile approach, developing a multi-block-chain token system iteratively and with thorough testing at all miles-tones. To accomplish our ultimate vision, we have established four smaller milestone phases, each with its own set of deliverables. These are outlined below.

4.1 Current Phase – Growing the BardInvests Coin Community

BardInvests Coin is centered on the notion of improving communication and collaboration within the crypto space. Therefore, we have already signed up the Lisk, Waves, Komodo and Strat is projects as industry partners. Our collaboration with exploration space, mentioned earlier, will ensure best practices in the design of communication platforms capable of generating innovation in the blockchain space. We are also in the process of reaching out to other stakeholders’ within and outside of blockchain and cryptocurrency communities, with the intention on forming further collaborations and partnerships. Institutional Involvement in BardInvests Coin during this first stage has tangible benefits, such as direct influence on key design parameters and decision-making processes. At the same time, collaborators are incentivized through additional positive public exposure in connection with a community-driven, open-source project that benefits the entire crypto ecosystem. Finally, partnership within the BardInvests Coin project will be rewarded with listing of their crypto coin on Arbitrage Partners AG. (BardInvests), Europes leading digital asset arbitrage platform.

4.1.1 General Guidelines for becoming a part of BardInvests Coin

Connection of the BARDINVESTS COIN token to major chains is critical to the success of the project, as it would mark the beginning of an interoperability standard between most public blockchains. For this reason, we aim to reach out to blockchain-based development networks and individuals who:

• Share our interest in a multi-token and cross-blockchain future
  •  Are ready and able to incorporate emerging standards (such as Ethereum’sERC20tokenstandard) in their blockchain project
  • Maintain an active interest in emerging developments in the blockchain environment, such as atomic swaps and the Lightning Network

Feel free to contact us for any advice on how to support BardInvests Coin with your cryptocurrency project.

4.2 Phase One – Proof of Concept and Interim Solution

Truly decentralized protocols such as Bitcoin are still ultimately in their infancy. Our vision—the decentralization of cross-blockchain trade is, like Bitcoin itself, an ambitious one, requiring technologies that are at this stage theoretically possible, but lacking implementation. That said, it is possible for us to provide an initial, centralized proof of concept, providing a platform on which the later goal of decentralization on can be accomplished. Therefore, the first version of BardInvests Coin will be an interim solution, with the existing Arbitrage Capital Inc..com platform serving as the key connecting piece of technology between blockchains. In this way, we can demonstrate to our users almost immediately after launch, how fast BARDINVESTS COIN can be transferred between blockchains.

Example:

Moving BARDINVESTS COIN from Ethereum to Bitcoin Blockchain. If the user wants to transfer his BARDINVESTS COIN to another Blockchain, all he needs to do is to deposit BARDINVESTS COIN to his BardInvests.com Wallet and select his desired target Blockchain when withdrawing them again.

4.3 Phase Two – Automation

Following the rollout of a proof-of-concept implementation in Phase 1, we will shift focus to automation. Through the development of a dedicated, open-source BardInvests Coin API, users will no longer be bound to any specific interface, and will therefore be able to perform systematic (algorithmic) trading. This way, while still able to utilize, the BardInvests.com platform adopters will also have the flexibility to design and implement their own trading UXs/UI’s for automatic transfers between blockchains, while the settlement continues to run via the Arbitrage Partners AG platform. This phase, therefore, allows users to program trading bots to perform automated arbitrage.

4.4 Phase Three – Decentralization

In the third and final phase, BardInvests Coin will represent a critical advancement in blockchain technology, functioning as a fully decentralized multi-blockchain token system, and as a de facto open-source standard for cross-chain token transfers. The complete technical specifications for the system will be published in peer-reviewed, open-source research papers, and as a publicly accessible technical whitepaper. In short, similar to a decentralized autonomous counterparty organization, BARDINVESTS COIN tokens will interact via various distributed smart contracts to facilitate trades. Users will be able to meet and exchange BARDINVESTS COIN tokens directly between blockchains with no centralized party involved.

Initial Coin Offering

5.1 Total Supply –  500,000,000 BARDINVESTS COIN

41% ICO – 205,000,000 Coins

38%  Retained Reserve by BardInvests for arbitraging use – 190,000,000 Coins

13% Systems Airdrop – 65,000,000 Coins

8% Promotional – 40,000,000 Coins

During the initial coin offering (ICO), Arbitrage Partners AG. as a company will issue digital currency tokens called BardInvests Coin (BARDINVESTS COIN). Forty-one per cent of the total BARDINVESTS COIN supply will be available to the public. Participants of the ICO can obtain a maximum of 205,000,000 BARDINVESTS COIN, which are offered at a hard cap of 1,500BTC. All supported digital currencies on the main popular exchanges are accepted. Currently, this includes Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash, Stellar and Ripple. At the end of the ICO, all raised digital currencies will be converted into Bitcoin. The conversion rates will be derived from the corresponding Euro values of the respective currencies.

5.2 Distribution Formula

BARDINVESTS COIN tokens will be distributed according to the following formula

• Investor Ap BARDINVESTS COIN anticipates with 0,01BTC in total amount of 1,000 BTC is raised
• The retained amount of BARDINVESTS COIN will be used as follows:

Company Reserve

190,000,000 BARDINVESTS COIN are reserved for optimal future fundraising but will never be offered for sale below ICO price in BTC.

Arbitrage Partners AG. Airdrop

Ensuring that BardInvests Coin kick starts with a large user base, 65,000,000 BARDINVESTS COIN will be airdropped to eligible Arbitrage Partners AG. account holders. Eligible Arbitrage Partners AG. users are those who accept the BardInvests Coin terms of service. They can claim their airdrops in their BARDINVESTS accounts throughout the entire runtime of the ICO and will receive a different share of the airdropped BARDINVESTS COIN, respective of their current account balance, ranking, compounding rate, account activity

Industry Partners

 Crypto Community

The crypto community will ensure a large database of crypto users, miners and developers whom can share ideas and can receive each-others projects in real time on a decentralized-based platform.

 Decentralized Exchange

Creating the World’s #1 Exchange by adding more cryptocurrencies than any exchange until now and providing the lowest fees on swaps and funding actions with the highest possible speed.

 Blockchain Based Charity Chain

Providing the ultimate solution for the main problems that charity foundations are dealing with at the moment which is, basically trust of where their funds are going, based on totally  transparent transactions in a divided blockchain specifically for the Charity Chain program that will definitely encourage the society.