BITCOIN PLATINUM
Owner: John Dixon
Phone: (702) 688-5646
Trademark Serial# Available upon request
Business Lic # Available upon request
EIN # Available upon request
Tax ID # Available upon request
Amount Requesting: $150,000
PROJECT OVERVIEW
Bitcoin Platinum seeks to bridge the gap between consumer-level cryptocurrency-based
transactions in addition to fiat currency-based transactions. The premise is to enable persons
of all walks of industry, whether private or corporate, to be able to make transactions based
on exchanges, e-transfers, or to buy goods and services directly.
CONCEPT
The main concept of the app is to act as the main terminal for executing monetary transactions
for the user. The user will have full control over their funds and will be able to make
exchanges, send e-transfers, and buy goods and services. The user experience consists of having to link
through a secured server which enables the user to link their bank account(s) and crypto wallet(s) directly to their
BITCOIN PLATINUM app account. The interface is highly optimized and user friendly which is designed for encouraging users
to exchange fiat currency to cryptocurrency or vice versa.
Additionally, the user is presented with a choice of series of secure transactions through regular fiat transactions or crypto
wallet-based transactions enabling them to send money or make purchases for goods and services.
Bitcoin Platinum is a Mobile Application that allows peer to peer transactions without the middle man and designed for customer awareness of how fiat currency and cryptocurrency can coexist. Having this type of decentralized database, Bitcoin Platinum allows that transfer of value to be frictionless, seamless, instant, and very inexpensive to help non-techies and pros make faster transactions and to keep up with there accounts all in one place. The Bitcoin Platinum platform will have a cryptocurrency exchange and stock exchange to buy and sell. With these abilities, Bitcoin Platinum's transparency is taking on the necessary precautions to make sure that all cryptocurrencies before they are API into the Bitcoin Platinum App will be a legit cryptocurrency and legit businesses, so people will have that safety net knowing that their funds and investments are secure.
MARKET INSIGHT
Our insights were driven directly by a pre-existing need for cryptocurrency transactions
to be fast, efficient, and highly secure. Though the fiat currency-related transactions happen
at a much faster rate. Due to this being a factor, we believe at Bitcoin Platinum is the solution to this problem,
the first of its kind. By bringing together the speed of modern technology to the crypto
wallets, we will be able to match or exceed market standards and provide a superior service
for a fraction of the cost. ( Users will only pay for a monthly subscription )
The user will enjoy the benefits of high security, lightning-fast transactions, and strong
customer service support network which will be available to them 24 / 7.
As most citizens are now wanting to have a crypto commodity on their portfolio, it makes
sense to move in a direction that fulfills their needs with respect to what already exists in the
marketplace and what Bitcoin Platinum can improve on.
KEY VALUE ADD
Bitcoin Platinum seeks to add some key values to the marketplace that are based upon
proprietary technology-based directly upon the concept of cryptocurrency hard-wallet public
/ private keys and regular, fiat currency concept of exchange.
The users from our app will be able to:
● Buy an assortment of cryptocurrencies directly from the marketplace
● Exchange dollars for stocks and related options
○ Stocks
○ Bonds
○ Mutual Funds
● Be able to see a live chart of the stocks and related markets charts
● Place orders directly from the BCP trading screen
● Place orders directly from the BCP buy / exchange screen
Through consistent, and driven efforts, Bitcoin Platinum seeks to reduce the transaction
speed for crypto exchanges from 60 minutes down to mere seconds.-
REVENUE ESTIMATES
Going by conservative estimates of an average market adoption rate, it is estimated that the
market share will initially be at about 20,000 users. Going by this number, if 10% of the users
are buyers at $10 per month worth of subscriptions, then the numbers look to be as the
following:
● 2000 paid subscriptions
● $20,000 of revenue per month for the initial 12 months IPO / ICO period
● An estimated 50,000 transactions per month from the Bitcoin Platinum mobile app
With strong marketing and sales effort, the numbers are expected to be well above that of
the industry average. It is expected that a minimum of 100,000 users will be signing up to use
the BCP mobile app within the first 6 months of the IPO / ICO period and that the paid
subscription will be in the neighborhood of 25% - 35%, going by these numbers we can
estimate with a high accuracy rate that we will get:
● 25,000 to 35,000 paid subscriptions within the first 6 months of the IPO / ICO
● $250,000 to $350,000 of revenue per month for the initial 6 months period
● An estimated 625,000 to 875,000 transactions per month from the Bitcoin Platinum
mobile app
Taking into account even the conservative numbers, our outlook is very strong in the
marketplace. ( Graphs are available upon request )
SCALABILITY
The project is infinitely scalable. The first step towards this is to get a minimum viable
product (MVP) established. The reason why this project has a large scalability potential is that it’s instantly
available at the users’ fingertips, a strong development team is behind the project that
knows how to scale projects with a large scope, and finally, the financial aspect of it that has to do
with fiat and cryptocurrencies is still quite new.
This inevitably will lead to vast scalability as the project evolves from the early stages into
more developed and well-thought-out features and functionalities. The key to the project’s
scalability is well-documented research and availability of a knowledgeable team whose
passion and drive for a project of this magnitude are immeasurable.
One of the exciting factors of BCP is the scalability to be able to handle billions of users when more adoption starts to come having not just the components working well but also have a user-friendly side of things working very nicely. However, if our elderly will be using Bitcoin Platinum, do you know, it has to be easy friendly. Bitcoin Platinum is for the people, and this app will assist the Commerce Entrepreneurs, Big Businesses, Day Traders, Millenials, and people who Work of Homes across the globe.
FEATURE LIST
BITCOIN PLATINUM
A digital wallet that connects to the user’s bank account(s) and crypto-bank accounts; linking and
displaying their entire bank balances on a single screen. Additionally, it allows users to make transactions
right from the app -- whether it be FIAT or Cryptocurrency.
Platform: iOS Only
ESTIMATED
HOURS
SECTION: GENERAL
1.001 LOGIN / REGISTER
Login and register for users. Also contains 2FA (2-Factor
Authentication) for an added layer of security purposes.
1.002 BANK
INTEGRATION
Be able to search up a bank, and from there add the user’s bank
account information to the app and display it on the information
area.
1.003 CRYPTO-WALLET
INTEGRATION
Add the user’s crypto-wallet to the app and display it on the
information area.
1.004 MAIN MENU
Access various pages like app information, content, and account
security.
1.005 CRYPTO KEY
CONTAINER
A container for the public key that’s able to communicate with
other keys using a unique identifier that’s attached to the public
key of the user’s crypto wallet.
1.006
SCROLL DOWN /
UP FEATURE
Scroll up and down to view fiat currency account and crypto
currency account.
1.007 USER PROFILE
MENU
A menu which leads to various pages to ensure that the user can
maintain their BCP account security or add/remove banking /
wallet information and as well as update their personal information
when required.
1.008 PAYMENT BY
TAPPING
Pay at any merchant using the FIAT or CRYPTO currencies.
Hardware integration just like Google / Apple Pay, except that the
user can add their account number into the BCP app and use it as
such.
1.009
PAYMENT BY VISA
CRYPTO
(HARDWARE
INTEGRATION)
The user pays with VISA / Mastercard or VISA debit / Mastercard
debit card and the information is updated in their BCP account.
[This feature requires API from VISA / Mastercard developers. If this
is provided, the feature may be simplified]
1.010 BUY CRYPTO
Buy cryptocurrency as a commodity using only the fiat currency. 80
CURRENCY USING
FIAT
Additionally, buy other cryptocurrencies using one set of
cryptocurrencies.
1.011 TRADING OPTION
Trade on the stock or cryptocurrency market using fiat or cryptocurrency.
1.012
CRYPTO AND
BANK ACCOUNT
INFORMATION
AREA
A display page where the user can see information about how
many crypto coins or fiat currencies were exchanged for trading, or
exchanges.
1.013 PAYMENT
Stripe integration for premium features.
1.014 GRAPHICS
Professional graphics for user experience and the flow of the app.
TOTAL HOURS 700
Content Management System ESTIMATED
HOURS
SECTION: GENERAL
2.001 USER
MANAGEMENT
Manage all of the users to a limited capacity for technical ticket
resolutions, and customer service purposes.
2.002 DISPUTE
RESOLUTION
Log and manage all disputes and manage user security.
TOTAL HOURS 105
( Expense sheet and Story Board is available upon request )