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Save Token
White Paper
Written by: Arjun Singh
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Table of Contents
........................................................................................................................................ 1
Making the Difference ...................................................................................................... 4
Introduction ..................................................................................................................... 4
Problems with Traditional Charity..................................................................................... 5
Full Ownership of Money .................................................................................................. 6
Security ............................................................................................................................ 6
A United Community ........................................................................................................ 6
Consumers and Partners ................................................................................................... 7
Save token Marketing Strategy ........................................................................................ 7
Communication Channels ................................................................................................. 8
The Save token Wallet ...................................................................................................... 9
Save token’s Technical Features ........................................................................................ 9
The Save token Payment Page ........................................................................................ 10
The Save token CRM ....................................................................................................... 11
Transaction list ...................................................................................................................... 12
Payment Page ........................................................................................................................ 12
Permissions ........................................................................................................................... 12
Customization Settings........................................................................................................... 12
Some Extra Information .................................................................................................. 12
Our Charities.......................................................................................................................... 12
Value of the token ................................................................................................................. 13
Private Presale ....................................................................................................................... 14
Public Pre-Initial Token Sale ................................................................................................... 14
Initial Token Sale ................................................................................................................... 14
Fund Allocation .............................................................................................................. 15
Software Development 30% ................................................................................................... 15
Business Development 25% .................................................................................................... 15
Marketing 35% ...................................................................................................................... 15
Operational Costs 10% ........................................................................................................... 15
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Making the Difference


Save token is a project that wants to give back to the people. One of our key goals is to
improve the standards of living of less privileged people all over the world. This will be done
by donating 50% of all Save Token’s transaction fees to 10 carefully selected projects that will
make the world a better place. For example: Fighting illnesses like Cancer.

Save token will also create an intricate ecosystem with thousands of interconnected business
who can rely on it both as a medium of exchange as well as a store of value. Periodic burning
of excess tokens will also ensure consistent increase in its value. Because of the incredibly
versatile platform Save Token is creating, businesses will be able to easily manage key
information such as research data, and get easy access to key statistics such as Revenue.

The objective of Save Token is to become a principal cryptocurrency which will largely replace
fiat currencies over the course of several years. Save token will serve as a solution to a
prominent problem, by becoming a highly used and valuable token for millions of businesses
and individuals.

The implementation of Zcash, the most widely used privacy technology of zk-SNARKs, will also
mean optional privacy to those firms that desire it.

This whitepaper will explain the details of this vision and exactly how we see it coming to
Fruition.

Introduction
At Save token, charity is at the heart of our project. We want to change the ordinary person’s
life through revolutionary blockchain technology, and that’s why the charities our community
will donate to have been carefully picked (more on that later). 50% of all transaction fees will
therefore go to these reputable organisations.

By Q4 2018, we will allow users to vote on our DAO for the causes they would like to support
with their transaction fees.
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Another large problem in our society is the existence of huge monopolies in virtually every
sector of private businesses. Why is this such a problem? Take a look at the De Beers that
have single-handedly manipulated the price of diamonds for the last hundred years, and in
this process have indirectly stolen from the people.

Therefore, one of our core aims is to help businesses, especially those with limited resources
and capital.

With the creation of Save token we have built a platform for all types of businesses and
consumers so that they can have access to a secure and accessible payment platform that
caters to them. In addition, our CRM feature will allow businesses to better manage essentials
such as finances, which is fully integrated with our built-in payment processor.

Security and anonymity are also ensured. While these both are hard to acquire by using
conventional payment methods on the world wide web, Save token is both simple to use
(unlike numerous privacy coins) and maintains the rigorous protection that such a promising
platform requires. The technical specifications are mentioned later on in this whitepaper.

Problems with Traditional Charity


All charities share some common characteristics; they require reliable accounting, market
research and simple payment methods, just to name a few. An example of what happens
when such checks are not in place can be seen in the former British charity Kids’ Company,
which received £50 million from UK before going bankrupt in 2015.

Charities are also limited by the limitations of fiat currency; money is wasted while exchanging
into local currency, and carrying large amounts of fiat also puts forth significant risks,
especially in third-world countries.

Furthermore, banks who do accept such accounts often add extortionately large fees because
they consider such industries “high risk,” reducing the number of people helped from
donations. And any changes in a bank’s terms and conditions, or general financial laws could
lead to the termination of a bank account, meaning disastrous consequences for charities.

Blockchain technology also brings transparency; in a traditional charity structure expenses


may easily be falsified, allowing corrupt officials or unscrupulous individuals to take
advantage and commit serious breaches of the law.
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The decentralized nature of Save token also nullifies the risks that are often associated with
a middle-man handling money.

Full Ownership of Money


Digital currencies such as Save token are independent of any third party. Transactions through
the blockchain are not only free from third party interference, they are also not snooped on
by any government, and therefore only the owners of the tokens have full control over their
money. This is in sharp contrast to banking accounts which can experience technical
problems/verification issues at any point.

We wish to remove high fees that severely impact small firm’s cost of production, and on Save
token’s blockchain these fees will be virtually zero. Any fees taken will be donated to a good
cause, allowing both higher profits to the firms and greater donations to the people around
the world.

Security
The infrastructure which underpins the blockchain technology carries a huge advantage for
the banking sector of any industry. Blockchain data transactions are stored across vast
networks of computers that constantly check and verify information with each-other. The
blockchain system is virtually impenetrable to hackers. A Save token system means
transparent transactions and optional zk-SNARKs integration for obfuscation of selected
transactions.

A United Community
Save token is designed to be community-friendly; our soon-to-be implemented DAO
(Decentralized Autonomous Organisation) will allow users to make decisions on key factors
such as what features of our network should be prioritised, with all members of the Save
token organisation holding at least one vote. We will also be able to provide 24/7 customer
support/service for anyone experiencing any problem, and will also have an official
community forum for Save token members to plan and share ideas.
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Consumers and Partners


As adoption of the coin by businesses and charities increases, we will also see increased
acceptance and usage of Save token by consumers, which will also drive up demand and there
for Save token’s price.

Consumers will also benefit from not having to deal with inflation, as well as being able to sell
their currency on the market at any time possible.

So how will this be achieved?

We will offer financial incentives to businesses in order to adopt Save token, for example
annual bonuses for using the coin or for each Save token purchase. Our strong marketing
strategy will also ensure that Save token reaches many potential partners who will be able to
invest in his project.

These marketing projects will be funded using the Save tokens allocated to the team, which
means no one from the community will be forced to donate to receive partnerships, as can
be seen in other coins such as Verge. All partners of Save token will in addition receive
complimentary benefits such as targeted advertising and promotion within our communities.
They will also receive an extra say in our DAO, weighted according to their total sales revenue
in Save token.

Consumers are rewarded too. In the first 6 months after Save token’s launch with selected
firms, the Save token Organization will discount all purchases made by consumers by 10%!
This will mean an even greater incentive to adopt the token, with our extremely easy to use
mobile and desktop apps only adding to our appeal. Since Save token is an ERC-20 token, we
will soon cooperate with apps such as Jaxx to allow users to hold Save token, although within
a few weeks after our launch a stand-alone GUI wallet will be released.

We are also aware that listings on exchanges are often expansive, which is why some of the
funds will be allocated exclusively for this process for smooth proceedings. And remain
assured that there will be plenty of bounties for transactions. Save token meetings and
signature campaigns will be run on forum sites such as bitcointalk.org.

Save token Marketing Strategy


Success starts from the top and trickles down to the bottom; therefore we will logically begin
by approaching the biggest players in the industry and introducing them to the concept of
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Save token. Once we acquire a handful of powerful partners (these will be announced by early
August 2018) who are willing to use the Save token platform, we will begin our full marketing
strategy.

All partners will be given a badge to add on their website with the Save token logo. This will
increase awareness of the brand and place it on the fast lane to becoming the mainstream
choice among payment providers.

The first part of our marketing strategy will focus heavily on creating as much awareness
about Save token as possible until a large integrated community forms. Our blockchain
specialists as well as those from our partner companies will act as advisors to the marketing
team.

The importance of marketing cannot be underestimated; 35% of the funding will be allocated
for marketing and 25% for business development. With this funding we will introduce the
brand to a carefully selected audience, mainly through promotional materials such as
instructional videos.

Our official representative for Save token will also be announced soon, who will attend
cryptocurrency meetings and conferences to inform the public and investors about Save
token.

Communication Channels
Save token prides itself on being an transparent as possible with its community. So after every
two weeks we will have an official press release on our website (www.savetoken.us) in which
we will give technical updates such as our latest partners, developer updates (such as
exchange listings and wallet releases) as well as active community participating such as voting
and constructive criticism.

Since we recognise the need for external communication, we will also create a Save token
subreddit and Telegram group for additional support. An official Twitter account has already
been setup and will be provided in our first press release.

Our marketing strategy is built upon attainable goals which we will reach through a carefully
crafted roadman of online and offline events. We do not set vague goals, we set solid but
ambitious goals like being one of the top cryptocurrency platforms by mid-2019.
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The Save token Wallet


We are close to finishing our own Save token wallet which everyone with a Save token
account will be able to use. Through the secure Ethereum based wallet, payments can be
made and received. Save tokens however, can be stored on any wallet which supports ERC20.
This includes popular wallets such as Jaxx which can store multiple currencies easily.

Figure-1: A Mock-Up of Save token wallet

Many Ethereum wallets also support ERC20. Ethereum Wallet, My Ether Wallet, Meta Mask,
Mist, Parity, Trust and Cipher. Security is a top priority for Save token and the wallet will be a
reliable and safe unit for cryptographic money.

The Save token wallet will be a desktop application and will become available as an app in
both native iOS and Android.

Save token’s Technical Features


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Architecture is initially designed to consider further expansion. All bottlenecks are organized
with the possibility of parallel execution on multiple servers. That is what helps us organize
horizontal scaling.

Key architectural principles:

 Microservice architecture with duplication of key services


 Geographically distributed storage provides high availability and reliability due to
redundancy
 High availability
 Separate physical scaling
 Unlimited horizontal scaling
 Using an asynchronous model of interaction between client applications allows us to
achieve high performance

For stores of data we use both rational databases and NoSQL solutions like PostgreSQL,
Redis, Elasticsearch. Backend implementation will be written on the Python programming
language.

Our web portion uses high performance modern stacks of technologies, patterns and
libraries. This gives the best experience to our customers and means our web development
team can be extremely efficient while coding (little time wasted while coding). The heart of
all our web applications is Facebook’s React framework.

React allows us to create large web-applications that use data and can change over time
without reloading the page. It aims primarily to provide speed, simplicity, and scalability.

Obfuscation algorithms allow us to keep code confidential and protected from security
breach. It enables the detection and removal of code injections, Man-In-The-Browser (MITB)
attacks, DOM-tempering and data exfiltration on the client-side in real-time.

The Save token Payment Page


Save token will offer a completely integrated payment system which merchants can
personalise through colour schemes, infographics and so on. Merchants will be able to
integrate their website with Save token’s customizable payment page in an easy and user-
friendly interface which will eliminate any of the typical complications of working with
cryptocurrencies.
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Figure-2: A Mock-Up of Save token Payment Page

We often hear how hard it is for ordinary users to become familiar with cryptocurrency
language and wallets such as Electrum. This is why our wallet comes with an in-built tutorial
as well as 24/7 live chat support.

The page will be supported by all browsers and responsive to be viewed on smartphones,
tablets and any other device.

Likewise, merchants will receive technical help from Save token team if necessary, although
the setup process should not take more than 30 minutes.

The Save token CRM


Anyone who adds Save token as a payment method for their online business will have
access to a business account on the Save token CRM. The CRM (Customer Relationship
Manager) will include statistics of all payments, current balances and settings.

The CRM will offer following features:


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Transaction list

All transactions will be stored and listed in the CRM. Transactions can be sorted and filtered
by transaction type or date and they can be exported as CSV files. Every transaction can be
explored further on Save token’s blockchain to reveal all the necessary information.

We also plan to release a Payment ID feature for anonymous transactions by Q4 2018.

Payment Page

This is where withdrawals and transfers can be made between the merchant’s account and
any other account. Save token allows business to have several accounts for additional
convenience, for example one balance for tax payments and another for spending budgets.

Permissions

The Save token CRM will be designed with a permission model in order to allow different
permissions for different employees. Administrators will be able to give different users
different positions (for example developer, technician) which means workers will have
access only to the data they require for their jobs.

Customization Settings

The payment page will be fully customizable to fit the brand of each business and
developers will be able to provide their own CSS file with their own design. Every business
will specify a post back URL to receive confirmation on payments.

Some Extra Information


Our Charities

We have begun to prepare a shortlist of charities that 50% of Save token’s transaction fees
will go towards. When this shortlist is released via a press release, we will allow users to
vote on which charities are to be selected.

And every year, we will have a vote to decide if we want to keep our charities or change to
new ones. This will ensure charities avoid scandals as can be seen with charities such as
Oxfam.
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Value of the token

To jumpstart at the value of the token, during the pre-ITS and ITS phase we will increase the
value of currency by 1% per day. This guarantees a safe profit for initial buyers. The
minimum payment required to purchase a Save token will be 0.1 ETH or 0.009 BTC.

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Figure-3: Save token Profitabillity Graph

Save token will be listed on crypto exchanges after the ITS and it will become available to
the public for exchange and trading.

Our smart contract guarantees that the Save token allocation plan will remain unchanged,
meaning it will be impossible to create more than 1,000,000,000 tokens. This means that
after being listed in an exchange the token’s price will depend exclusively on market
demand. It will stop any market manipulation or changing of Save token’s supply.

Open Zeppelin, the open source project we use ensures security of our source code and
protects the projects from hackers.
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Private Presale

End of August 2018


Institutional investors were approached and 50,000,000 tokens will be sold.

Public Pre-Initial Token Sale

September 2018
The price will start at 0.000100 ETH and increase 1% per day.

Initial Token Sale

October – November 2018


The price will start from 0.000153 ETH where it left off at the end of the Public Pre-ITS and
will increase by 1% per day. By the last day a single Save token will be worth 0.000207 ETH.

Figure-4: Token distribution chart

Unsold tokens will be burned. All tokens owned by our team will be locked until January
2019, stopping any quick selling of the coins and meaning developers have an active interest
in improvement of Save token. The company funds, the ones we mentioned, will be used for
bounty projects and marketing campaigns.
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Fund Allocation
Funds will be allocated to the following sectors:

Software Development 30%

These funds will be allocated for the cost of developing the Save token platform and all the
technical work which will go into the process. This includes developing the CRM, wallet,
payment page and API.

Business Development 25%

These funds will go into growing and improving our relationship with potential partners and
industry leaders through expos, promotional events and industry conferences. The
relationships we build will increase our client base and help Save token prosper.

Marketing 35%

These funds will cover the cost of our marketing strategy, including but not limited to
branding and brand awareness, public relations, ad campaigns, social media campaigns,
newsletters, and any means deemed necessary to expand the brand and reach our goals.

Operational Costs 10%

These funds will be used to cover the costs of our day-to-day operations which will keep the
Save token development and brand alive. This includes but is not limited to recruitment,
specialists who will join the team, office expenses and more.

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