WhitePaper democracy of the future An international platform based on Simpoll.ru, Russia s largest online voting service votesplatform.com
VOTES is an international platform for taking votes of any level. It uses Blockchain technologies and smart contracts providing transparency and honesty of polls, votings, elections, testings, and other activities on the base of the platform. Table of Contents Table of Contents The benefits of VOTES Historical background Examples of use The mission of VOTES The current condition of the project The operating principle of the VOTES token Possible variants of voting organization The application of VOTES Platform structure The main blocks of the VOTES platform: The market and the industry The total audience of online voting services in the world Roadmap Issuing of VOTES tokens The Bounty program The team Links 2 3 4 4 5 5 6 6 8 8 8 9 9 10 11 12 13 14 votesplatform.com 2
The benefits of VOTES 1 using A working prototype Simpoll.ru It is Russia s largest online voting service. More than 10 mln users are this service. 2 Bosch, The base of 50000 customers Among the system s clients there are such large companies as Samsung, Adidas and tens of thousands of other companies. 3 A large market capacity SurveyMonkey.com has $150 millions annual revenue and $2 bln capitalization. 4 Listing Сlear investment strategy Soft: $2 500 000, Hard: $10 000 000. at exchange in 4th quarter 2017. 5 Additional Attractive conditions on pre-ico и ICO During pre-ico period you can buy VOTES with 50% off. bonus can reach +20%. votesplatform.com 3
Historical background The need for honest and open expression of the will of citizens has always existed in the world. Corporations conducted special sociological researches with controversial results to influence the sales of their products. Votings at shareholders meetings were falsified to guarantee election of certain people to the board. Political parties forged election results for their candidates to hold public offices. The main problem resided in centralized recording and storage of information about the votes. This problem is solved by the Blockchain technology thanks to the decentralized infrastructure. For today, experiments have already been undertaken for taking votes on the base of Blockchain. The results have met the expectations, but it turned out to be a difficult task for the organizers of those initiatives to prepare a technical platform of their own. We are creating the VOTES platform to minimize the preparation for taking votes. Examples of use At the annual meeting of the members of the Danish party Liberal Alliance, the party's leaders used the distributed ledger technology. 2014 The elections of candidates for a number of internal positions at the USA's Libertarian Party convention in the state of Texas took place with the use of a blockchain machine counting the votes. 2016 In Australia, the Current Party was created that uses tokens for voting and for electing authorized representatives for the subsequent voting in the parliament. The Republican party in the state of Utah used Blockchain during voting for the candidates at the stage of primaries. To take part in the voting with the use of Blockchain, 59,000 Republicans from the state of Utah were registered. 2017 2017 votesplatform.com 4
The mission of VOTES It is apparent that the next stage of the development of voting models in the world will be the appearing of a universal platform making it possible to provide for any levels of votings quickly and handily with the use of the Blockchain technology. VOTES will become a platform allowing for organization of transparent and honest votings from school exams to presidential elections. VOTES is intended to take the world community to a new level of democracy. The current condition of the project VOTES is based on the Simpoll.ru project. More than 10 mln people have become the users of the service during the whole time of its existence. Among the system s clients there are such large companies as Gazprombank, Megafon, Adidas, Medsi, Mail.ru Group, and tens of thousands of other companies. The following companies also work with us: votesplatform.com 5
The operating principle of the VOTES token For the purposes of organization of taking polls and votes, the platform is going to issue 100 mln VOTES tokens within the framework of ICO and pre-ico. They will be secured with the possibility of taking votes on the base of the platform. Monetization of the platform is performed at the cost of the service's commission fee for taking polls and/or recruitment of respondents. Possible variants of voting organization A poll with no value declared (invaluable poll) Respondent votes service fee payment to respondent Vote owner The scheme is suitable for taking public opinion polls and other activities where the main motivation for the respondents is the expression of their civic position. When votings are organized according to this scheme, the budget is calculated by the platform based on the number of respondents and does not include any remuneration for the respondents. In this case, the poll initiator uses tokens only to pay the service fee, which is defined based on his requirements to the service s functionality. votesplatform.com 6
A poll with no value declared (valuable poll) votes Respondent payment to respondent service fee payment to respondent Vote owner The initiator of a poll or of a testing defines the value (in VOTES tokens) of the created questionnaire; the cost of creating a questionnaire in this case will be equal to the service s fee + the declared value. The value of the poll will be distributed equally among the respondents or among the participants who have passed the tests successfully. This operating principle is used for encouragement of the people who have passed the tests successfully, or for motivation of the respondents participating in the poll. With handing tokens to respondents in advance to pay the platform s fee transfer token to respondents Respondent votes payment to respondent service fee payment to respondent Vote owner transfer token to owner The scheme is suitable for taking votes, polls, and tests, within the scope of which all the respondents are known, and voting is mandatory. Example: exams, testing of employees, some types of state elections. The institution that orders organization of votings according to this scheme, purchases a certain number of tokens from the platform in advance, which is defined by the number of respondents. Then the purchased tokens are handed over to the respondents who hand them over to the system when voting. In the said case, the cost of the poll for the initiator is defined by the required number of tokens and the service s commission fee. votesplatform.com 7
The scopes of application of the platform: Public opinion polls Votings of companies shareholders Testing and questionnaire surveying of employees Exams at educational institutions Sociological surveys Holding of elections Platform structure The VOTES platform is being created based on a local invention of Simpoll. This will allow for using the best practices of the classical model and for adding the contemporary Blockchain technologies and smart contracts to it. The main blocks of the VOTES platform: Respondent Profile Личный кабинет для респондеров Decentralized Data Storage User's backend Analytics and Statistics votesplatform.com 8
The market and the industry Let s consider the world s largest online voting project: SurveyMonkey.com Capitalization: more than 2 bln dollars Annual proceeds: more 150 mln dollars Audience: 32 mln people Facts: The company has attracted 250 mln dollars for its development from such companies as Morgan Stanley Investment Management, Baillie Gifford & Co., Google Capital and Tiger Global Management. Total audience of online voting services in the world: 2,5 bln 2 bln 1,5 bln 1 bln 500 mln 0 2014 2015 2016 2017 2018 2019 Commercial polls State elections According to our forecasts, in 2020 the size of the market of voting with the use of modern technologies and Blockchain will reach 5 bln people. The most part of state elections will be organized via online services using distributed databases. votesplatform.com 9
Roadmap pre-ico August 1 - September 1 2017 10 mln tokens, $0.05 each Gathered: 650 ETH The funds collected within the scope of Pre-ICO will be directed to the organization of the process and marketing of the next ICO stages. ICO Round 1 October 3rd - November 3rd 2017 20 mln tokens, $0.10 each ICO Round 1 is the preliminary stage of sales before the main round for all those who wished to take part in the Pre-ICO but failed to make it. $500,000 from the funds collected within the scope of ICO Round 1 will be directed to the marketing and organization of Round 2. The remaining funds will be added to the funds of Round 2. ICO Round 2 November 2017 50 mln tokens, $0.15 each ICO Round 2 is the main stage. 4th quarter 2017 Launch of the operational product for polls and votings Marketing activities, attracting users Listing at Bitfinex exchange 1st 2nd quarter 2018 Development and launch of the product for public officers elections Marketing of the product for government entities Development of the product for shareholders votings Marketing of the products for large holdings and corporations 2nd 3rd quarter 2018 Development and launch of the product for holding tests and exams Marketing of the product for tests and exams to educational institutions votesplatform.com 10
Issuing of VOTES tokens Within the ICO, the platform will issue 100 mln of VOTES tokens. 10 mln tokens will be reserved for the purpose of subsequent payments to miners and assessors. 10 mln tokens will be reserved for paying remunerations to the team and partners. The VOTES tokens secured with the possibility of taking polls, votes, testings, and elections on the base of the platform. The ICO will be held in several rounds: Pre-ICO 01.08.2017-01.09.2017 10 mln tokens, $0.05 each Collected: 650 ETH The funds collected within the scope of Pre-ICO directed to the organization of the process and marketing of the next ICO stages. ICO Round 1 03.10.2017-03.11.2017 20 mln tokens, $0.10 each ICO Round 1 is the preliminary stage of sales before the main round for all those who wished to take part in the Pre-ICO but failed to make it. $500,000 of the funds collected within the scope of ICO Round 1 will be directed to the marketing and organization of Round 2. The remaining funds will be added to the funds of Round 2. ICO Round 2 November 2017 50 mln tokens, $0.15 each ICO Round 2 is the main stage. votesplatform.com 11
The funds collected within the scope of the ICO will be spent in the following way: 20% 2% development the bounty program 8% remuneration for the team and partners 60% 10% marketing, development the stabilization fund for paying the legal expenses, administrative expenses, and marketing Depending on the total collection amount, we are planning to do the following before the direction will be launched: From 2,5 mln dollars Launch of the platform for voting and its introduction to the market From 5 mln dollars Launch of the platform for voting, platform for tests and exams, and their introduction to the market From 7 mln dollars Launch of the platform for voting, platform for tests and exams, platform for state-level elections 9 mln dollars Trial deployment of all the platforms minimum in 1 corporation, 1 educational institution, 1 country for state-level elections Within the scope of the bounty program, the tokens will be distributed as follows: 150,000 VOTE tokens will be transferred to the translators 200,000 VOTE tokens will be paid for support of the campaign on bitcointalk 150,000 VOTE tokens will be paid for support of the campaign on Facebook 200,000 VOTE tokens will be paid for support of the campaign on Twitter 300,000 VOTE tokens will be paid for support of the campaign on Slack/Telegram 1,000,000 VOTE tokens will be paid for support of the advertising campaign within the scope of other projects votesplatform.com 12
Team The VOTES platform is being created by the team of Russia s largest online voting service Simpoll.ru. We know all the problems and drawbacks of the industry from the inside, so we want to solve them with the aid of the modern technologies. The key employees Aleksandr Khasanov CEO Aleksey Zyuzin CVO Graduated from CMC MSU, mathematician, systems programmer. For more than 15 years he has been engaged in launching, development, and investing into Internet projects including website builders, dating services, browser games, blogging platforms, online media, and other projects. Today he is the CEO of Russia s largest voting service Simpoll.ru. Graduated from CMC MSU, mathematician, systems programmer. Since 2000, he has been developing his skills in the field of Internet marketing. He was the founder and the head of a number of Internet projects including theme-based and city Internet portals, online media, video portals, and mass-use services. Ivan Yundev CMO Aleksey Povetkin CTO He specializes in development of international Internet services and platforms. His key competences are: marketing and advertising on the net. In the team, he performs the role of strategic management of the marketing policy. Ivan s working experience includes both management of the full-cycle digital agency NIOTEK and development of large portals and services. Graduated from CMC MSU, mathematician, systems programmer. Since 2002, he has worked in the field of automation and management of large volumes of data on the base of ERP systems. Aleksey s competencies include both management of large automation projects within the Intacs company and working with BIGDATA and distributed databases on the base of Blockchain technologies. votesplatform.com 13
Links Site: https://votesplatform.com Product: http://simpoll.ru WhitePaper: https://votesplatform.com/assets/whitepaper/votes_whitepaper_en.pdf Youtube: https://youtu.be/_7b1gfuxwti Github: https://github.com/votesplatform/votes-presale-smart-contract Telegram: https://t.me/votesplatform_global Facebook: http://fb.me/votesplatform Twitter: https://twitter.com/votes_platform Slack: https://votesplatform.slack.com/ Bitcointalk: https://bitcointalk.org/index.php?topic=2029061 Bounty: https://bitcointalk.org/index.php?topic=2035211.0 E-mail: info@votesplatform.com votesplatform.com 14
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