BITCOINUS
BITCOINUS
Token: BITS


Instant bitcoin payments processing

ICO dates
Start date: 2018-01-22
End date: 2018-02-22

Registrated in: UK

Platform: Ethereum
Type: ERC20

PREMIUM ICO

https://www.bitcoinus.io/ Screenshot
BITCOINUS categories
Cryptocurrency Platform
Video
BITCOINUS token sale
KYC passing required No | Whitelist No | Restriction for countries No
Tokens for sale 50,000,000
Token distribution in ICO
77%
77%
Price 1 BITS = 0.001 ETH
Acceppting ETH
BITCOINUS news, social
BITCOINUS search trends in Google
Random whitepaper excerpts

A WORD FROM THE CEO
3
VISION
4
1. FUTURE OF ONLINE PAYMENTS
4
1.1. Top 100 Coins
4
1.2. Blockchain based KYC
4
1.3. Global payment solution for e-commerce
5
1.4. Revolutionary transaction fee
5
1.5. Transaction algorithm
7
1.6. Merchant reputation system
8
2. DISRUPTING THE OLD ORDER
9
2.1. Crypto market cap to go through the roof
9
2.2. E-commerce
10
2.3. Risks of financial fraud
11
3. SOLUTIONS
11
3.1. E-Commerce plugins
12
3.2. The development stages
13
3.3. Online payment
13
3.4. In-store payments
13
3.5. Instant Payment Notifications (IPN)
13
3.6. Bitcoinus API
14
3.7. Variety of integrated buttons
14
3.8. Technical overview
14
4. BUSINESS MODEL
15
5. MARKETING AND STRATEGY
15
5.1. Network effect
15
5.2. Benefits For BITS token h...

A WORD FROM THE CEO
The world of finance is about to change beyond belief. Decentralized blockchain technology brings incredible
new opportunities to our society. Everyone can now be an equal part of a newly forming ecosystem of either
financial or socially influential movements.
Bitcoinus has formed a team of highly ambitious blockchain professionals to achieve an important goal — to
become the leader of online crypto processing industry. Our experienced team have previously worked with
a highly successful ICO as well as other online based projects. Attracting over $80 million worth of crypto
capital shows exactly what our team is capable of.
Online retail industry continues to rise sharply. According to all major experts, the revenues of e-commerce
will double in the coming 3 to 4 years. This fact reflects where Bitcoinus is going with its business
development. While the market share of traditional payment processing companies will also increase over
this period, crypto processing is expected reac...

VISION
In the digital age not all revolutions have already happened. Breakthrough of blockchain technology
essentially changes the understanding of money as a traditional payment method.
A variety of blockchain based cryptocurrencies has started to disrupt many areas from traditional banking, all
the way to online payments processing. This is where Bitcoinus come in.
The vision that has inspired us to create Bitcoinus comes from incredible dynamics of the cryptocurrency
market. Ever-increasing acceptance makes them an equivalent part of global financial ecosystem.
What it means to us is that e-commerce units of any type and scale will start to adopt the blockchain based
payment technologies. It will require innovative yet secure and wide reaching payments processing service
providers.
Market is growing exponentially. All e-shops as well as big retailers where you currently shop are on the
threshold of integrating blockchain based payment methods.
It is perfect timing for Bitcoinus to emerge and le...

and acceptance of cryptocurrencies will increase at a much higher pace when all security measures are in
place. This is simply because everyone can trust the other party which is certainly not the case at the
moment.
We believe in the synergy of blockchain and ordinary business but it must be built on trust.
1.3. GLOBAL PAYMENT SOLUTION FOR E-COMMERCE
One-click crypto payments? Yes, please
Bitcoinus is building a platform that will enable exceptionally fast crypto transactions. Current situation where
transaction speed is low and its cost is high cannot be used in most e-commerce businesses. Bitcoinus will
change the way transactions interact within internal system due to our complex algorithm which enables
certain operations to be performed before they are uploaded to blockchain. Yet it will remain secure and
reliable as it should.
The platform enables a merchant to receive the funds in up to 2 seconds. For all global businesses it is very
important to be able to get all funds at its disposal as s...

commission on all transactions. In comparison with other processing companies and service providers,
Bitcoinus will be the most cost effective on the market.
The low price of a transaction performs two important roles:
a) Cost effective alternative to traditional banking and other payment service providers for any type
of online based business.
b) Encourage businesses to adapt crypto currencies much more effectively. Bitcoinus is going to
bring the benefits of blockchain to every business unit around the world.
The Bitcoinus team is less concentrated on getting the maximum amount of commission but rather the
spread of the technology worldwide. Quick and effective market penetration of an incredibly dynamic
blockchain industry is more important than focusing on a single line on a P/L sheet today.
Our business strategy is designed to reach the most e-commerce business units and enable their potential in
the newly forming industry of decentralized global payments.
Revolutionary Transaction Fee 0.5% <...

1.5. TRANSACTION ALGORITHM
Simplicity is the ultimate sophistication
Buyer uses their bank card
to make a payment.
1
Necessary currency
amount gets transmitted
over the payment
processing service
provider.
2
Payment processing
service provider transfer
the transaction data to
Card association.
3
Association transmits the
payment request to the
bank.
4
Transaction finalized.
8
Payment provider delivers
the result back to Seller.
7
Card association sends
the information back to the
payment provider.
6
Bank either approves or
declines the requested
transaction.
5
Illustration shows how complex the current online payment algorithm is. Due to the number of layers, the
transaction has many risks passing through each of them. Complexity of the payment process means it is
also expensive as there usually are around 16 steps in every end-to-end tran...

1.6. MERCHANT REPUTATION SYSTEM
100% trusted merchants meet 100% trustworthy clients
SUCCESS
POSITIVE
RATING
MERCHANT
BUYER
SALE
SOMETHING
WENT WRONG
NEGATIVE
RATING
There are cases when for one reason or another either the transaction or the item does not meet the
requirements of the other party. If both of those parties can resolve the issue on their own — it’s great, but if
they cannot?
Bitcoinus platform will introduce merchant rating. It will apply to all of our clients who sell anything anywhere.
Let’s say the retail client does not get its item due to some unforeseen circumstances.
No matter which party might have caused the issue it is always important to have a back up. In the cases
where both parties do not reach agreement within a 7 day period, there will be a procedure initiated which
will involve a 3rd party moderator. This person will be acting as a neutral party who will initiate an effective
issue solving procedure for bo...

2. DISRUPTING THE OLD ORDER
Decentralized revolution for online payments
1996
BANK WIRE
TRANSFER
$700M
2010
PAYPAL & CREDIT
CARDS
$355B
2020
BLOCKCHAIN
PAYMENTS
$4T
On of the main visions beyond the development of the Bitcoinus platform is a desire to create synergy of
online processing efficiency and increase opportunities for cryptocurrencies.
Cryptocurrency general acceptance prevails among the individual users. On one hand, it offers great
opportunities to all sorts of transactions making them fast, low cost and secure. On the other hand, this is
one of the most desired combination to any business making it easy to adapt.
According to Bitcoinus philosophy and the currently fast changing rules of the financial world: it seems that
one important message is clear — the evolution of decentralized networks will continue to increase at an
even more rapid pace.
Bitcoinus will enable everyone to buy cryptocurrencies using the...

BITCOINUS Roadmap

1
09.2017
Formation of the Team
2
12.2017
Development of MVP starts Creating concept, initial wireframe of prototype and strategy
3
01.2018
Start of ICO
4
02.2018
Initial testing of decentralized KYC
5
03.2018
Integration of internal blockchain based currency exchange solution
6
05.2018
End of ICO. Tokens will be listed in exchanges in 15 days after the end of ICO.
7
06.2018
Alpha version of MVP development ends. Basic functionality level reached
8
08.2018
Global business development & Marketing campaign starts
9
09.2019
Beta version of MVP development ends (Beta; payments with over 50 Altcoins; integration for all major e-commerce platforms; API)
10
11, 2019
Implementation of card processing; additional Altcoins Q1, 2019 Fully functioning e-commerce solution (Over 100 Altcoins integrated)
11
Q4, 2019
In the first financial year we aim to reach $10M turnover Q4
12
Q4, 2020
Turnover reaches $40M (over 200 Altcoins integrated); Bitcoinus further develop the global crypto payments ecosystem
Xavier Murtza
Xavier Murtza Co-Founder, CEO

Tomas Mičkauskas
Tomas Mičkauskas Co-Founder

Povilas Ruzgaila
Povilas Ruzgaila Chief Marketing Officer

Karyna Kavalenka
Karyna Kavalenka Social Media/Client support

Ioana Frincu
Advisors Ioana Frincu Blockchain Developer

Pedro Jordao
Advisors Pedro Jordao Professor

Eva Skornickova
Advisors Eva Skornickova Data Privacy and Cybersecurity Advisor

Xavier Murtza
Xavier Murtza
Co-Founder, CEO
Commerce & Finance
Tomas Mičkauskas
Tomas Mičkauskas
Co-Founder
Enterpeneur
Boris Abramov
Boris Abramov
Developer
Video Content Adviser
Dylan Sharkey
Dylan Sharkey
advisor
Board management / Advisor
ADVISOR
Sales and Investment Relations
Ioana Frincu
Ioana Frincu
Blockchain Developer
Blockchain Architect
Team Coordinator
Ioana Frîncu
Ioana Frîncu
Co-Founder