Whitepaper multi language

    1. Prologue
    2. Key issues of the industry
    3. The solution – biliSEF Foundation framework
      • Mission of the Fund
      • Goals and objectives
        • Creating a community of specialists in the field of blockchain technologies and systematization of the participant’s  experience
        • Using decentralized currency to ensure maximum interest of all members of the crypto community
        • Creation of a centralized platform for analysis of projects appearing on the market, technologically uniting community members
          • Systematization and implementation of the selection parameters of economically sound and socially necessary projects from the total mass of startups
          • Creating an effective, open voting system within the biliSEF platform
          • Identification is not feasible, not developed projects and the compilation of Black lists of Rework in order to provide the crypto community
          • Creation of a new standard for design and analysis of new projects, formation of Startup White List
          • Creating an image of the only fully open platform with reliable information about existing startups
        • Creation of a centralized platform for the analysis of financial models of projects from the Startup White list and preparing ICO.
          • Systematization and implementation of parameters for assessing the feasibility of investment in a project
          • Creating an effective, open voting system within the biliSEF platform
          • Detection is not justified, not sound financial models of projects and clipping deliberately risky/not suitable for ICO investors. Compilation Black, Rework the lists in order to provide the crypto community
          • Creating a new standard approach to the design and conduct of ICO, the formation of ICO White List
          • Creating the image of the only platform with reliable, community-confirmed information about the ongoing/planned ICO in a safe and convenient format.
          • Establishment of a platform for holding the ICO involving the community in the format of ESCROW
          • The Creation of a platform for secure ICO by means of the XS coins as investments
        • Creation of a centralized platform for community members to finalize projects and financial models included in the Rework list at the stage of analysis and voting of community members
    1. Digital currency. Key issues of the industry
      • Description of the tokens of the group XS coins and financial model.
      • Production and use
      • The formation of the course of coins
      • Structure and purpose of reserve funds in biliSEF ecosystem
      • ICO phases description
      • Distribution of funds received during the ICO
      • The Appeal of the XS coins for investors
    2. Project development
      • Road map
    3. Team
    4. Conclusion

     

     

     

    1. Prologue

    Officially, the beginning of joint work (Mihael Raver & Amir Sabari), of course, was 2016, the end of September, when the equipment of the first object began, but the plans began to Mature earlier, in 2015. Why mining? Probably, because, first of all, each of us still positioned himself as an investor, and investment in mining, yet, less risky than, say, directly in the cryptocurrency. Each of the participants has already invested some money in various startups, but due to the lack of reliable information, most of the investments were lost. At that time, the concept of crowdfunding only went into circulation and really no one knew how it works, hence the negative result. But as the experience of more successful colleagues showed, it was believed that the future is in such investments, both for investors and for startup owners.

     

    1. Key issues of the industry

    The main problem of the industry, of course, is the lack of reliable information about a particular project. All projects are divided into 3 categories:

    • Fraudulent
    • Unfinished
    • Paid

    Of course, there is a 4th category-it is thought –out, economically sound and profitable for the investor projects, but to determine which category is a particular project at once, as a rule, it does not work, the result – the lost time and money. What each category includes:

    – Fraudulent projects.

    This category includes projects that directly or indirectly involve the irretrievable loss of the investor’s funds. Similar projects have faced each investor and the main features of these proposals, of course, many of us know. But every year and month fraudulent schemes are improving and, without a comprehensive analysis of the project, it is impossible to predict the loss of funds.

    – Unfinished projects.

    This category is the most extensive, since, in most cases, the creators of a project, simply do not have specific knowledge that would help to predict both the possible risks of the project and the crushing collapse. Also, a common problem in this category is the lack of initial capital to pay for qualified specialists in the preparation of the project for release, as a result – with good intentions, a deplorable result for the investor.

    If you look from the point of view of risks and potential profits, examining these two categories on the subject of which of these categories is more dangerous, it is difficult to say clearly. In fraudulent schemes (for example HYIPs), there is, though illusory, but the probability to return their funds, and sometimes with a +sign. When investing in unfinished projects, the probability of such an outcome is almost no different from 0, but if in the first case, most investors understand the risks, in the second, the risks are not aware of either the investor or the developer, only for the investor the consequences are more sensitive.

    – Paid projects.

    This is the most interesting category. The essence of such projects is that each of them looks very attractive. The investor wants, competitors envy. The logic of actions of startup owners who paid for the creation of their project on paper and its advertising campaign is very simple and economically very attractive, but not for the investor. In this case, startup owners do not act as developers, but as investors. To create a project and conduct an advertising campaign costs about 170-400 thousand Euros, and to collect investments for the idea in a beautiful wrapper can be ten times more, thus investing 170-400 thousand Euros, such an entrepreneur receives income from his investment of several thousand %. It is tempting, but not for the investor, assuming that invests in an interesting and profitable project. Thus, the lion’s share of projects from this category smoothly flows into the first category described above.

     

    1. The solution – biliSEF Foundation framework

    To protect potential investors from these categories of projects and enable innovators to design and implement their projects, it is necessary to create a centralized platform for interaction between developers and potential investors at all stages of a project, and not only at the ICO stage. Business incubator for projects related to blockchain technology and cryptocurrencies. Such a platform is the biliSEF Foundation.

    3.1 Mission of the Fund

    BiliSEF platform is positioned as a business incubator for developers with innovative ideas and potential investors. The mission of the platform is to create a transparent, centralized platform for developers of different levels of knowledge and specializations working on their projects in direct conjunction with the target audience. Thus, this project brings its contribution to the formation of the White Internet.

    3.2 Goals and objectives

    3.2.1 Creating a community of specialists in the field of blockchain technology and systematization of the experience of participants.

    The success of the implementation of the idea of such a platform depends on the participants, namely their experience, self-development, knowledge of market conditions of a particular market, understanding of technology, technical education. But a limited number of people involved in the project may not have sufficient knowledge and experience in each area of application of a particular technology. Thus, for a qualitative analysis of projects in the market, it is necessary to have a community of persons with different specialization for the stable functioning of the platform. Each member of the crypto community has its own specialty and experience, therefore, the initial task of the Fund is to unite the members of the crypto community in one place.

    3.2.2 Using decentralized currency to ensure maximum interest of all members of the crypto community.

    To unite the crypto community, the financial profit of each of the participants as a result of activity is necessary. Such a link are the currencies of the group XS coins. XS coins group currencies meet the needs of each member of the community and the platform as a whole. XS coins combine miners as a tool to develop a business model of mining for owners of different types of equipment on different algorithms (XS coins can be mined even on obsolete equipment), thus protecting their investment in equipment. XS coins unite traders as a tool to stabilize the income received from operations with cryptocurrencies and minimize losses from unpredictable volatility of the exchange rates used in operations of currencies by reinvesting. XS coins unites institutional investors (in accordance with the statutory documents and legislation of the countries of registration) as a tool for making profit at the expense of minimum risks and controlled minimum thresholds of the group’s exchange rates. Also XS coins is a tool for verification of all users of the platform. Using Blockchain technology, data is decentralized and accessible to all members of the community on the principles of equality.

     

    3.2.3 Creation of a centralized platform for analysis of projects appearing on the market, technologically uniting community members.

    3.2.3.1 Systematization and implementation of the selection parameters of economically sound and socially necessary projects from the total mass of startups

    To implement the platform’s mission, a technically convenient system for cooperation of all community members is required, such as Community Member Dashboard (CMD), implemented by the platform’s development team. Thus, using CMD, each member of the community can apply their knowledge and experience at each stage of the analysis of current projects. When filling out the profile of the participant, each user indicates their specialization and level of experience in a particular area. Projects are filtered and displayed in the work area based on profile data. Thus, each user can apply their knowledge with maximum efficiency. Each project filtered by the system will be evaluated by the user on the list of parameters corresponding to the specialization, taking into account the number of users with the same specialization, each project is evaluated several times on the same parameters by different people, which 99% eliminates the unreliability of the assessment due to the incompetence of the participant.

    3.2.3.2 Creating an effective, open voting system within the biliSEF platform

    The data sent by each user is compiled into a questionnaire with a set of parameters by which a particular project was analyzed. The compiled document with the analysis of the project is put to an open vote of all community members. Voting is carried out on the principle of one wallet – one vote by transferring a fixed amount of XS coins to the system wallet from the balance of each user in favor of a decision on the current project. Each user can vote only once, so the result of the vote will be unbiased, which can not be influenced by a group of stakeholders.

    3.2.3.3 Identification is not feasible, not developed projects and the compilation of Black lists of Rework in order to provide the crypto community

    The result of an unbiased vote of community members is a compilation of White, Black, Rework List of current projects. On the basis of the voting results, it is possible to immediately cut off the unfinished projects, as well as using deliberately fraudulent schemes, thus protecting the community from false information about a particular startup, intentionally or unintentionally misleading potential investors. Each of the lists is public and available on the platform’s website (bilisef.org) for each Internet user.

    3.2.3.4 Creation of a new standard for design and analysis of new projects, formation of Startup White List

    Using CMD, each current project is comprehensively analyzed by the community members themselves, i.e. the target audience. Thus, each startup saves money on technical analysis, on marketing research of the target audience and, of course, on the advertising campaign. Therefore, the project working group can focus entirely on the project itself, rather than on how to advance it. This system of interaction between developers, target audience and potential investors in the project forms a new standard of approach to the development and implementation of innovative ideas on the principles of impartiality and publicity.

    3.2.3.5 Creating an image of the only fully open platform with reliable information about existing startups

    Thus, the main features of the platform imply the goal to create the image of the platform, in the White list of which only feasible, economically and technically developed projects of startups are presented. That is, the platform associated with the main place, where only reliable information about current projects in the world using blockchain technology to some extent is presented.

     

     

    3.2.4 Creation of a centralized platform for the analysis of financial models of projects from the Startup White list and preparing ICO.

    The investor’s assessment of each project is mainly based on two parameters – the technical and economic study of the project and the financial model. A lot of projects that are found in the network can be technically thought out, worked out most of the details of the process of implementing the idea, but with a completely non-viable financial model. The problem may lie in the way of attracting investments, in the absence of an action plan for the development of funds, as well as in the lack of understanding of the final financial result of the essence of the whole project. Not every developer can determine the financial action plan, simply because of the lack of knowledge and experience in this field.  Thus, a technically well-developed and important project for the entire crypto community may not be viable at all. White listed startups ICO service on biliSEF platform was created specifically for the analysis of financial models of current projects from Startup White List.

    3.2.4.1 Systematization and implementation of parameters for assessing the feasibility of investment in a project

    The main task of the service is to determine the feasibility of investing in a particular project from the White list for a potential investor. This can be determined only by analyzing the entire financial model of the project, starting with the tokens for the initial placement, ending with the plan for the development of the collected funds. In your profile in CMD, each user can specify the skills and experience necessary for the financial analysis of current projects. In this way, current projects are filtered and provided for analysis only to community members who have the required qualifications. Each user evaluates the financial models of current projects on a specific set of parameters. The evaluation results are compiled into a questionnaire for each project for further voting of participants.

    3.2.4.2 Creating an effective, open voting system within the biliSEF platform

    Technically, the voting platforms provided in CMD are identical. The data sent by each user is compiled into a questionnaire with a set of parameters by which a particular project was analyzed. The compiled document with the analysis of the project is put to an open vote of all community members. Voting is carried out on the principle of one wallet – one vote by transferring a fixed amount of XS coins to the system wallet from the balance of each user in favor of a decision on the current project. Each user can vote only once, so the result of the vote will be unbiased, which can not be influenced by a group of stakeholders.

    3.2.4.3 Detection is not justified, not sound financial models of projects and clipping deliberately risky/not suitable for ICO investors. Compile Black, Rework lists to provide to the entire crypto community. The result of an unbiased vote of community members is a compilation of White, Black, Rework List of financial models of projects and ICO. On the basis of the voting results, it is possible to immediately cut off the unfinished projects, as well as using deliberately fraudulent schemes, thus protecting the community from false information about a particular startup, intentionally or unintentionally misleading potential investors. Each of the lists is public and available on the platform’s website (bilisef.org) for each Internet user.

    3.2.4.4 Creating a new standard approach to the design of the financial model of a project and the ICO, the formation of ICO White List. Using CMD, each current project is comprehensively analyzed by the community members themselves, i.e. the target audience. Thus, members of the crypto community and potential investors form a deep understanding of the financial realities before the ICO of a particular project. Therefore, the possibility to introduce the investor to mislead intentionally or not intentionally. This system of interaction between developers, target audience and potential investors in the project forms a new standard of approach to the development and implementation of innovative ideas on the principles of impartiality and publicity.

    3.2.4.5 Creating the image of the only platform with reliable, community-confirmed information about the ongoing/planned ICO in a safe and convenient format.

    Also, the purpose of the service is to create an image of the site, where you can find a list of only real ICO projects, with a financially competent implementation plan.

    3.2.4.6 Establishment of a platform for holding the ICO involving the community in the format of ESCROW

    Within the framework of the biliSEF platform, Startup Owner Dashboard (SOD) is provided for startup owners, with the help of which each startup from the ICO White list can conduct its ICO on a centralized site, using an ESCROW account, thus providing guarantees to investors that the project will be implemented in accordance with the roadmap.

    3.2.4.7 The Creation of a platform for secure ICO by means of the XS coins as investments

    Also, every startup can conduct its ICO, using XS coins as a payment when placing its own tokens. The use of XS coins in this case ensures that the cost of the collected funds in the initial stages of the final stages of the ICO. That is, the possibility of depreciation of attracted investments is excluded, which may affect the process and timing of the project, specified in the roadmap.

     

    3.2.5 Creation of a centralized platform for community members to finalize projects and financial models included in the Rework list at the stage of analysis and voting of community members

    For projects included in the Rework list in CMD and SOD, there is a zone of interaction between project developers and community members on a contractual basis to finalize the project or financial model. The site is a kind of freelance exchange projects. The owners of startups expose the project or a certain part of it with the task of completion, determining the amount of XS coins, in which this work is estimated. Each member of the community can apply for participation in the completion of current projects. The activity of participants in the analysis of projects within the biliSEF platform for startups and financial models is taken into account in the formation of the participant’s rating and the level of community trust. The rating data of the participants is an indicator of the reliability of the contractor within this site.

     

    1. Digital currency. Key issues of the industry

    Given that the reward for mining a block of major coins has already decreased significantly, in the near future, mining of coins such as Bitcoin, Litecoin, Ethereum will become unprofitable to miners without creating farms on an industrial scale regardless of the rates of these coins, thus the offer of each large coin will be controlled by the smallest percentage of mining participants, which contradicts the mission of Bitcoin and cryptocurrencies in General, as a decentralized means of payment, accumulation and saving of funds and discredits THE pow consensus. The ensuing consequence is losses first for smaller investors and then for larger ones, according to Matthew effect.

    4.1 Description of the tokens of the group XS coins and financial model.

    Further strengthening OF the POW consensus is the main priority of the crypto community’s actions to maintain the decentralization of the ecosystem, and an integral part of it is the development and maintenance of mining as an alternative business. Achieving these goals is carried out by creating forks of coins on popular algorithms and ensuring their viability in the market for the use of different types of equipment, including those that are already obsolete for the production of popular coins at the moment. Thus, the creation of forks creates a favorable investment climate for different types of investors, thereby creating guarantees for even small investments and has a positive impact on the ecosystem as a whole.

    BitcoinXS and LitecoinXS are a fork of the block chain coins are Bitcoin and Litecoin, hashing algorithms, Scrypt and SHA256 respectively.

    What is the difference between XS coins from all the others?

    The ending of XS in the names of the coins means that these coins are savings exchange coins (XS coins), the development of which belongs exclusively to the biliSEF Fund (Bitcoin & Litecoin Savings Exchange Foundation), the website https://bilisef.org . BXS and LXS will be the first coins secured with Bitcoins and Litecoin, respectively, obtained during the initial placement of these coins (ICO) and regulated by the biliSEF Fund (Bitcoin & Litecoin Savings Exchange Foundation).

    In the context of anti-crisis government assets investors, currency of the group XS coins, namely BitcoinXS and LitecoinXS are indispensable tools on the market, in conditions not projected volatility rates of major cryptocurrencies.

    XS coins group currencies are designed to minimize the risks of investors in the unstable situation in the market of quotations of other cryptocurrencies. This goal is achieved by reinvesting, in this case, Bitcoins and Litecoins in stable currencies that are not subject to General downward trends, as a consequence of negative economic or political news, including fake. Each of the stages of the initial placement of BXS and LXS tokens is designed to increase the provision of currencies and thus increase the planned guaranteed thresholds of minimum quotations with each new stage of the ICO.

    The biliSEF Fund (Bitcoin & Litecoin Savings Exchange Foundation) carries out the process of regulating the primary issue of tokens and the initial placement of the XS coins group currencies. Hard cap BitcoinXS ICO is 15,000 BTC, the total Hard cap of the nearest biliSEF ICO Fund (Bitcoin & Litecoin Savings Exchange Foundation) is 400,000 BTC. When these indicators are reached, the amount of reserves to provide guarantees to investors of the biliSEF Fund (Bitcoin & Litecoin Savings Exchange Foundation) will be approximately 1% of the total capitalization of the entire cryptocurrency market.

    Summarizing the provisions described above, the currency tokens of the XS coins group are tools that stabilize the profitability of mining and trading operations with third-party cryptocurrencies and minimize risks in the situation with unpredictable in the short/long term volatility of the market of quotations of third-party cryptocurrencies. The guarantor of the performance of these tools is the biliSEF Fund (Bitcoin & Litecoin Savings Exchange Foundation)

    4.2 Production and use

    Basic information on BitcoinXS:

    – Algorithm: Scrypt (PoW)

    – Total offer: 100000000 BXS

    – Time for block: 120 sec

    – Block reward: 50 BXS

    Basic information on LitecoinXS:

    – Algorithm: SHA256 (PoW)

    – Total offer: 100000000 LXS

    – Time for block: 600 sec

    – Block reward: 50 LXS

     

    Emission of each of XS coins is carried out by means of coin mining (mining). The complexity of the network at the beginning of production is minimal, respectively, mining can be conducted by miners with obsolete equipment, starting with processors, ending with ASIC devices of previous generations. The projects provide for public mining pools, but given that the currency code is open – any member of the crypto community can create a private mining pool. Mining coins are public, the premium of each coin of XS coins group is 10% and forms a Reserve Fund XS coins, subsequently used as a tool for trading currencies to replenish the Reserve Fund.

    Xs coins are initially a means of payment within the biliSEF platform, and are accepted as payment for goods and services from the project partners. You can become a partner of the project by writing to the support e-mail.

    The structure of the circulation of coins within the services platform:

    – to apply for consideration of the project by the community, each startup pays a Commission fee, the amount of which increases every month from the beginning of the site. You can purchase the required amount of XS coins on the main crypto exchanges or in the section of your SOD account (for startups). Also, within the SOD account, you can set the priority of your project and the depth of analysis. To participate in the services for the completion of the project (SRHS and ICORHS), the necessary amount to pay the performers can also be purchased within your account or on crypto exchanges

    – at the end of each month of work, automatically compiled a list of Top 100, Top 200, Top 300 active community members who are paid a reward for active contribution to the development of the platform, information on rewards is available in the CMD account. The selection and evaluation of participants ‘ activities is carried out automatically by a set of parameters built into CMD.

    – pay for improvement projects within the services SRHS and ICORHS performers is also available in XS coins. According to the results of the participants ‘ work, the rating of users recommended by the system as performers is automatically compiled. Every 3 months, a list of Top 100 and Top 200 performers is compiled, who are paid a fee in the amount of a certain percentage of the amount paid to the performers by all customers within the services for the reporting period.

    4.3 The formation of the course of coins

    The real value of XS coins at the end of the ICO is calculated by the formula: the Amount of $ us equivalent to the amount of cryptocurrency Reserve Fund divided by the amount in circulation of a coin group XS coins. Accordingly, the main task of biliSEF as a regulatory body is to replenish the assets of the Reserve Fund and increase the value of assets. Thus, when the number of BXS in circulation is 10,000,000 coins and the value of the Reserve Fund assets is 30,000,000 $ in Bitcoin equivalent, the real value of 1 BXS is 3$. The initial formation of the Reserve Fund takes place at the ICO stage of each of the coins of the XS coins group, so the real value of 1 BXS at the end of the ICO will be approximately$ 3.22 (at the rate of Bitcoin on 14.10.2018). Further, the rate of coins is determined by the market demand and supply of each of the coins.

    4.4 Structure and purpose of reserve funds in biliSEF ecosystem

    The main instruments of financial guarantees of stability of the XS coins group are the Reserve Fund and the XS coins Reserve Fund.

    Reserve fund.

    Sources of formation of the Reserve Fund:

    – ICO

    – Operations with currencies on major crypto exchanges

    – Implementation of XS coins group coins inside SOD and CMD

    – Implementation of XS coins group on crypto exchanges

    – mining with own collateral currency capacities (BTC, LTC)

    When the exchange rate of XS coins drops below the set threshold, the assets of the Reserve Fund act as a means of payment on crypto exchanges to buy back orders for the sale of XS coins from holders, thus maintaining the demand for coins and keeping the rate above the set minimum threshold. The activity of holding the exchange rates of coins above the minimum threshold is designed by analogy with the logic of the functioning of the Bonds of the State Loan on the principles of redemption of debt obligations, while XS coins are decentralized currencies and are not securities.

    XS coins reserve Fund.

    This Fund is initially formed by the premium of 10% of the coins of each of XS coins and acts as a tool for regulating the mass of XS coins in circulation. The Fund’s assets are used to replenish the Reserve Fund due to the implementation of coins inside the platform biliSEF through SOD and CMD, as well as on crypto exchanges. Also, the Fund’s assets are used for payment of remuneration to the members of the community of Top 100, Top 200, Top 300 in the platform biliSEF.

    The assets of the funds are audited by the community members themselves on a public basis every 4 months of the platform’s operation.

     

    4.5. BitcoinXS ICO steps description.  Summary.

    BXS ICO offer 30,000,000 BXS
    Maximum coin offer 100,000,000 BXS
    % of tokens – Token sale 30%
    % of tokens – Bounty 10 — 0.714%
    % of tokens – Discount 32-0%
    % of tokens – Reserve fund 10%
    Accepted currency BTC
    ICO stages 5
    Presale 15.11.2018

     

    Presale

    tokens for sale 1,000,000 BXS
    BXS tokens price 1 BXS=2.18$
    % of discount 32%
    Bounty summary 100,000 BXS
    Bounty 10%
    Duration 15.11.2018 – 21.12.2018
    BXS payment destination local wallet

     

    Stage 1

    tokens for sale 3,000,000 BXS
    BXS tokens price 1 BXS=2.47$
    % of discount 22%
    Bounty summary 200,000 BXS
    Bounty 6.67%
    Launch Date coming soon
    BXS payment destination local wallet

     

    Stage 2

    tokens for sale 5,000,000 BXS
    BXS tokens price 1 BXS=2.59$
    % of discount 18%
    Bounty summary 300,000 BXS
    Bounty 6%
    Launch Date coming soon
    BXS payment destination local wallet

     

    Stage 3

    tokens for sale 7,000,000 BXS
    BXS tokens price 1 BXS=2.78$
    % of discount 12%
    Bounty summary 200,000 BXS
    Bounty 2.86%
    Launch Date coming soon
    BXS payment destination local wallet

     

    Stage 4

    tokens for sale 14,000,000 BXS
    BXS tokens price 1 BXS=3.16$
    % of discount 0%
    Bounty summary 100,000 BXS
    Bounty 0.714%
    Launch Date coming soon
    BXS payment destination local wallet

     

     

     

    4.6 Distribution of funds received during the ICO

    Fund distribution

    % of funds – Reserve fund 75%
    % of funds – Research & Development 14%
    % of funds – Sales & Marketing 3%
    % of funds – Partnerships 5.5%
    % of funds – Legal 0.5%
    % of funds – Unforeseen 2%

     

    Reserve fund – the Fund of guaranteeing the minimization of the losses of investors

    Research & Development – development of a convenient platform for voting partners, analysis of ICO statistics, development of mobile personal Cabinet and voting Cabinet

    Sales & Marketing – Our sales and marketing budget will be distributed to support our growth strategy as well as investor retention and new investment programs

    Partnerships – biliSEF will constantly look for new opportunities to develop partnerships with new services and owners of various types of businesses, thus expanding the scope of the tokens of the XS coins group

    Legal – Legal costs will cover all costs incurred within the legal framework to comply with international laws.

    Unforeseen – we have allocated 2% of the project budget to Finance unforeseen expenses and expansion plans

    4.7 The Appeal of the XS coins for investors

    Investing in XS coins is beneficial both at all stages of the ICO and during the operation of the biliSEF platform after the sale token, as each of the XS coins is provided with real assets of the Reserve Fund and the XS coins Reserve Fund. After the start of public mining, the value of coins will only grow, as the amount of fee for startups within the platform will increase every month. Thus, with the ever-growing demand, the supply will be inexorably reduced in the next 8 years. Investing at the ICO stage, therefore, each investor provides a stable return for the next 10 years.

     

     

     

     

     

     

    1. Project development

    5.1. Road map

    Sep 2016

     

     

     

     

    -Mihael Raver and Amir Sabari leave their companies to start partnership in crypto mining

     

    Nov 2016

     

     

     

     

    -First 150+ mining rigs farm started mining

     

    Oct 2017

     

     

     

     

    -Start of biliSEF conception, but Implementation was postponed to June 2018
    Sep 2018

     

     

     

     

    -Final development of the biliSEF concept and drawing up a project roadmap to the end of 2019

    -Start developing Community member dashboard

     

    Oct 2018

     

     

     

     

    -biliSEF.org, bitcoinxs.org, litecoinxs.org Launch

     

    Nov 2018

     

     

     

    – BitcoinXS ICO launch, the first of 20 XS coins

    – Start developing CMD app for ios

     

    Jan 2019

     

     

     

     

    – Test launch of Community member Dashboard

    – Start developing CMD app for Android

     

    Feb 2019

     

     

     

     

    – Apply for a bitcoinXS coin listing

    – Test launch biliSEF startup service

     

    Mar 2019

     

     

     

     

    – Start public BitcoinXS mining pool

    – Test launch CMD apps

    – Launch LitecoinXS ICO

    – Start developing mobile Invest platform app for ios

     

    May 2019

     

     

     

     

    – Test launch biliSEF ICO service for White listed startups

    – Test launch SRHS

    – Start developing mobile Invest platform app for Android

     

    Jun 2019

     

     

     

     

    – Test launch ICORHS

    – Start developing mobile Invest platform app for Android

    – Apply for a litecoinXS coin listing

     

    Aug 2019

     

     

     

     

    – Test launch ICO preparation service

    – Public litecoinXS mining pool launch

     

    Sep 2019

     

     

     

     

    -Test launch mobile Invest platform app for ios and Android

     

    Oct 2019

     

     

     

     

    – Next XS coin ICO launch

     

     

     

    1. Team
    Mihael Raver

    Co-founder, CEO

     

    Serial Entrepreneur and investor, founded and led marketing and crypto mining companies. Expert in finding problems, designing solutions and getting things done.

     

    Amir Sabari

    Co-founder & CTO

     

    With over 9 years of building, managing and consulting on digital marketing tools and strategies

     

    Mikhail Mackevic

    Co-CEO

     

    Investor. Cryptocurrency enthusiast.

     

    Moshe Mackevic

    CFO

     

    Account manager with over 17 years of experience. Cryptocurrency enthusiast.

     

    Andrey Kuznetsov

    Partnership Director

     

    Marketing and media expert, with over 12 years of experience as a media consultant, spokesperson and public relations strategist in the private sectors.

     

    Albert Zagidullin

    Web Project Manager

     

    IT engineer, proficient in Javascript and C++. Masters web projects from top to bottom.

     

     

    Advisers.

    Nikolay Evstratov

     

     

    Investor. Cryptocurrency enthusiast.

     

    Alexander Cantor

     

     

    Investor. Cryptocurrency enthusiast.

     

    Roman Shteinberg

     

    Investor. Cryptocurrency enthusiast.

     

    Alexey Volin

     

     

    Investor. Cryptocurrency enthusiast.

     

    Viktor Mann

     

     

    Investor. Cryptocurrency enthusiast.

     

     

     

    1. Conclusion

    This project affects the interests of all participants of the crypto community, from miners to institutional investors, so when developing the concept and the technical part of the platform, a lot of time was spent on analyzing the needs of the community. BiliSEF team hopes that the creation of this platform was another step in the development of infrastructure to form a positive image of the crypto industry.