White Paper

The power of the blockchain and tokenisation.

Tokenisation and decentralised finance has been identified as having the potential to accelerate progress in one of the most pressing societal challenges facing the world today – reducing global wealth disparities (see below). To illustrate; the total market size for global fixed income and equity was worth approximately $178 trillion in 2019 with 43.9 % of global wealth being held by 0.9 per cent of the world’s population.


More than half the global population are at the bottom of the wealth pyramid collectively holding a mere 1.8 % of wealth.

Given this statistic, it is easy to understand why investment remains the privilege of the mass affluent. Coupled with the fact that a significant percentage of the population has limited access to banking services hampers further this group’s ability to save, accumulate wealth and therefore, break the chains of poverty. This is all about to change.

Here, we describe the development of our 'blockchain and tokenisation' powered crowdfunding platform to provide stakeholders with the knowledge needed to enter this exciting space with confidence.

Welcome to coinbite..

UK FinTech embracing crypto and digital assets in order to address global wealth disparity and other social finance challenges

Democratising Investing

“We see tokenisation as the enabler to lower the barrier of entry to investing for more than half of the world’s population, by paring down the minimum investment amounts required"


HSBC - Global Banking and Markets Report

- Potential of Tokenisation.

Unlocking Capital with low initial and success based fees

01

Listing Fee

Up-front flat fee of £1950 (Ex-VAT), charged to Asset sponsors for deal due diligence, underwriting and asset tokenisation

02

Success Fee

4-5% on capital raised for Asset sponsors

03

Asset Management Fee

1.5% per annum on digital

asset tokens issued

04

Secondary Market Fee

Secondary market trading fees (pricing and rates TBD)

future Coinbite raises

(Subject to UK's FCA Registration)

  • City skyline

    Photo By: John Doe

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    • Tokenisation?

    Inclusion

    Anyone with a mobile phone can have a 'bite of the cherry'. Once registered you can invest up to a max of £1000. Once verified*, your limit is £100,000.

    *subject to KYC and AML regulations

    Transparency

    All transactions are recorded on the blockchain so can be validated in very near real time. If you're unsure, check the blockchain. Everything is published.

    Secure

    The Blockchain is an immutable record of transactions that, unlike regular paper-based Share Certificates, cannot be forged or amended.

    $BITE Tokenomics

    Tokenomics is the study of how cryptocurrencies function within the broader ecosystem. This includes token distribution as well as how they can be used to incentivize positive behaviour in the network.  Below is how the Coinbite® Token functions through it's smart contract.

    Total Supply

    1,000,000,000,000

    (100%)

    Burn Policy

     removes tokens from circulation permanently

    Liquidity

    770,000,000,000

    (75%)

    Marketing

    70,000,000,000

    (7%)

    Pre-Sale

    100,000,000,000

    (10%)

    Legal

    30,000,000,000

    (3%)

    Treasury

    40,000,000,000

    (4%)

    Team

    10,000,000,000

    (1%) 2 year Lock

    5%    =

    Tax per transaction

    2%

    Added to liquidity 

    1%

    1% added to Marketing

    2%

    BNB Rewards to holders 

    Liquidity

    Capital tied up in early stage investments are very difficult to sell. Tokenised shares are extremely liquid as they can be traded freely on secondary markets with ease.

    Global

    Anyone, anywhere in the world can access the Coinbite® platform which provides a much larger investor base to entrepreneurs raising funds

    (local laws permitting).

    Accessible

    Tokenised assets allow for more people to invest in much larger projects which were previously reserved for Fund Managers and institutional investors.

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