TAKE CHARGE

OF THE FINANCIAL
REVOLUTION

W H I T E P A P E R

Edition of October, 2018

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CONTENTS

Important Notice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Market Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Industry Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

About ONE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Token Model. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Mandatory Discount Period & Release Strategy. . . . . . . . . . . . . . . . . . . . . . . . 16

Compliance Program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Legal Considerations & Risks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Disclaimer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

Contents 1
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“And yet, why might citizens hold virtual currencies rather than
physical dollars, euros, or sterling? Because it may one day be
easier and safer than obtaining paper bills, especially in remote
regions. And because virtual currencies could actually become
more stable... So in many ways, virtual currencies might just give
existing currencies and monetary policy a run for their money. The
best response by central bankers is to continue running effective
monetary policy, while being open to fresh ideas and new demands,
as economies evolve”

CHRISTINE LAGARDE, IMF Managing Director

Bank of England conference, London, September 29, 2017,
Speech “Central Banking and Fintech—A Brave New World?”

“For now, virtual currencies such as Bitcoin pose little or no

challenge to the existing order of fiat currencies and central banks.
Why? Because they are too volatile, too risky, too energy intensive,
and because the underlying technologies are not yet scalable. Many
are too opaque for regulators; and some have been hacked.

But many of these are technological challenges that could be

addressed over time. Not so long ago, some experts argued that
personal computers would never be adopted, and that tablets would
only be used as expensive coffee trays. So I think it may not be wise
to dismiss virtual currencies.”

CHRISTINE LAGARDE, IMF Managing Director

Bank of England conference, London, September 29, 2017,
Speech “Central Banking and Fintech—A Brave New World?”

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IMPORTANT NOTICE

The purpose of this Whitepaper is to present ONE, the OFCs and the related ONE Ecosystem
to potential participants in connection with the proposed Offering. The information set forth
below may not be exhaustive and does not imply any elements of a contractual relationship.
Its sole purpose is to provide relevant and reasonable information to potential purchasers
for them to determine whether to undertake a thorough analysis of the ONE, OFCs and the
ONE Ecosystem with the intent of purchasing OFCs offered.
Please note that due to regulatory specifics the present Offering is not and will not be
available and valid for the following countires: China, Bangladesh, Nepal, Macedonia, France,
The United States, Bolivia, India, Pakistan, Algeria, Morocco, Germany, Mexico.
Nothing in this Whitepaper shall be deemed to constitute a prospectus of any sort or a
solicitation for investment, nor does it in any way pertain to an offering or a solicitation of
an offer to buy any securities in any jurisdiction. This document is not composed in
accordance with, and is not subject to, laws or regulations of any jurisdiction, which are
designed to protect investors. The OFC is a utility token. It is not intended to constitute
securities or financial instruments in any jurisdiction.
This Whitepaper does not constitute or form part of any opinion on any advice to sell, or any
solicitation of any offer by the seller of the OFCs (the “OFCs Provider”) to purchase any
OFC, nor shall it, or any part of it, nor the fact of its presentation form the basis of or be
relied upon in connection with any contract or investment decision. It has not been
registered under the Securities Act or any other securities laws of any state of the United
States or the securities laws of any other country, including the securities laws of any
jurisdiction in which a potential coin holder is a resident. No regulatory authority has
examined or approved of any of the information set out in this Whitepaper. No such action
has been or will be taken under the laws, regulatory requirements or rules of any
jurisdiction. The publication, distribution or dissemination of this Whitepaper does not imply
that the applicable laws, regulatory requirements or rules have been complied with.
The OFCs cannot be used for any purposes other than those provided in this Whitepaper.
The OFCs are not intended for sale or use in any jurisdiction where sale or use of digital
tokens may be prohibited.
The OFC confers no other rights in any form, including but not limited to, any ownership,
distribution (including but not limited to profit), redemption, liquidation, proprietary
(including all forms of intellectual property), or other financial or legal rights, other than
those specifically described in this Whitepaper.
Certain statements, estimates and financial information contained in this Whitepaper

Important Notice 3
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constitute forward-looking statements or information. Such forward-looking statements

or information involve known and unknown risks and uncertainties, which may cause actual
events or results to differ materially from the estimates or the results implied or expressed
in such forward-looking statements. This Whitepaper can be modified to provide more
detailed information.
This English language Whitepaper is the primary official source of information about the
OFCs and the present Offering. The information contained herein may from time to time be
translated into other languages or used during written or verbal communications with
existing and prospective customers, partners etc. During such translation or
communication, some of the information contained herein may be lost, corrupted, or
misrepresented. The accuracy of such alternative communications cannot be guaranteed.
In the event of any conflicts or inconsistencies between such translations and
communications and this official English language Whitepaper, the provisions of this English
language original document shall prevail.

Important Notice 4
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MARKET ANALYSIS

There are many reasons why cryptocurrencies could become the generally accepted
payment means of the future. Paying with cryptocurrencies offers advantages to both
customers and retailers, making them attractive to all parties involved in a transaction.
LOWER TRANSACTION FEES

As opposed to credit card companies, which usually charge up to 3% in processing fees,

which can add up quickly. In contrast, cryptocurrency transaction fees usually do not
exceed 1%, making them desirable for retailers.
FASTER TRANSACTIONS

New and faster blockchains are facilitating faster transactions, reaching up to 10,000
transactions per second.
PEER-TO-PEER EXCHANGES

One of the main and most well-known benefits of cryptocurrency payments is the
peer-to-peer exchange, meaning the removal of a middleman. This means that the
technology is designed to facilitate (at least in theory) instantaneous, cheap and secure
settlement of values without any middleman such as a bank.
SECURE TRANSACTIONS

Another significant benefit of cryptocurrencies is their security: a blockchain is virtually

impossible to be manually changed or hacked due to the different security functions such as
encryption of the blockchain ledger.
REWARD INCENTIVES

Many retailers and online platforms that accept cryptocurrencies for payment have
developed incentive and reward programs for doing so. For example, customers can receive
discounts, save on transaction fees or even receive additional coins.
The many potential advantages of payment coins have led to the fact that there is now a
large number of cryptocurrencies aiming to become generally or widely accepted payment
means. Out of the total 1,910 cryptocurrencies on listed on CoinMarketCap, it is expected
that about 10-20% of these coins are payment coins or payment tokens.
What will differentiate these coins and ultimately lead to acceptance and usage by a large
group of retailers will be the size of the partner network, the speed and consequently
transaction efficiency of the blockchain, the incentives offered to retailers and consumers
and the coin’s price volatility.

Market Analysis 5
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EXECUTIVE SUMMARY

The ONE cryptocurrency offered to participants through the OFC bundles during the
present Offering, has been designed to meet demand as its adoption grows. Scalability has
proven to be a serious issue for retailers and one of their main reasons for discarding
cryptocurrencies. That makes ONE a viable alternative to most cryptocurrencies currently
offered on the market.

The fact that cryptocurrencies are not yet mainstream can be linked to factors such as
scalability issues, lack of understanding of the concept of cryptocurrencies by mass users,
volatility and safety issues, and the risks related to them. The fact that cryptocurrencies
operate in a highly unregulated industry and have a reputation of being “risky”, “pyramids”
or “bubbles” presents a serious barrier for their mass scale adoption by most users and
retailers.

The present Offering aims to give access to the blockchain-based cryptocurrency OneCoin
to a wider audience. Used by over 3 million people globally, the coin (ONE) has clear
advantages for mass users and retailers that would prefer an alternative to emerging coins,
which has improved accessibility, security and efficiency. The KYC/KYB and AML
compliance procedures as well as the ability of the system to make instant, low cost and
secure transfers make the coin reliable, safe and AML compliant.
During the Offering, AHS Latam S. A. gives access to OFC bundles as well as added
incentives described in Chapter 4 (“Token Model”) of the Whitepaper.
After January 7th, 2019, the OFC bundles will no longer be available, and participants will
be able to convert their accumulated OFCs into ONEs in accordance with the Release
Strategy and Mandatory Discount Period described in Chapter 6 and in the Coin Offering
Terms & Conditions.

Based on transparency, usability and a truly global reach, the coin has the chance to
become the preferred payment tool by retailers. The present Offering can be considered as
the next step of the adoption of ONE on a much bigger scale.

To connect as many retailers as possible worldwide and make it more convenient for them
to use a single cross-border transaction tool will be the next big milestone for the OneCoin
cryptocurrency. The company has already created its own blockchain to support such a
move and a platform called DealShaker, gathering sellers and buyers together in one place
of commerce.

Executive Summary 6
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INDUSTRY OVERVIEW

The blockchain market is characterized by intensely competitive conditions with players

ranging from a growing number of start-ups to established companies. Most of the big
corporations, holding over 45% of the global market, focus on acquisitions to expand their
customer base.
Blockchain-based cryptocurrency start-ups offer innovative solutions and revolutionize the
way traditional financial institutions have been doing business, especially with regards to
payment processing and exchange trading.
Companies offering cryptocurrencies operate in a relatively unregulated environment,
since the industry is new and influenced by constant changes in existing legal framework as
response to the various risks and challenges related to its usage, exchange and trading.
However, definite steps have been taken toward implementing a legal framework that is
expected to influence the usage and exchange of cryptocurrencies.
For example, the EU legal and regulatory framework is mainly focused on preventing the
funding of terrorist activities using cryptocurrencies. Therefore, its “Action Plan for
Strengthening the Fight Against Terrorist Financing” (2016) provides a set of strict rules on
cryptocurrency regulation within the expanded framework of the EU’s AML directive that
guarantees tighter regulations on digital currency platforms. On the other hand, the US
Government acknowledges digital currency trading as electronic money transfer and
requires cryptocurrency exchanges to follow Anti-Money Laundering (AML) laws, imposed
by the organizations in charge of enforcing the policies and regulations for financial
companies operating within the US borders - the U.S. Treasury Department and the FinCEN
(Financial Crimes Enforcement Network).
The focus of the governmental organizations and central banks is set on designing rules
that require compliance systems to guarantee the transparency and safety of payments
and transactions. This is also evident from the most recent legal and regulatory changes on
key cryptocurrency markets like China and Japan.
Regulators have acknowledged the significance of blockchain technology for solving complex
problems in various industries. A report by World Economic Forum, “Deep Shift Technology
Tipping Points and Societal Impact,” presented results from a survey where respondents
shared their views on “21 “tipping points” – moments when specific technological shifts hit
mainstream society.” Eight hundred (800) executives and experts from the information and
communications technology sectors said they expected 10% of the GDP to be stored on
blockchain or blockchain-related technology by 2025. The results show that an increasing
number of organizations and professionals understand the importance of blockchain
technology and the expected impact it could have on various industries.

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Blockchain-based cryptocurrencies eliminate the need for third-party middlemen, making

payments and transactions with cryptocurrencies more global, faster and cheaper.
OneCoin has offered the biggest, mass cryptocurrency to the retail market, based on
transparency, usability and a truly global reach. With its over 3 million users, the coin has
the chance to become the preferred payment tool by retailers and mass users. The
KYC/KYB and AML compliance procedures, along with the ability of the system to make
instant transfers make the coin reliable, safe and compliant.

Convenience of Payments and Transactions

with Cryptocurrencies
One of the biggest challenges for decentralized cryptocurrencies has been the issue of
scalability - their inability to meet demand as they grow. Why? Because the more wallets
are added to any given cryptocurrency, the slower every verification becomes, because it
must be processed from every wallet on the net. An example of the scalability issue is the
one-megabyte size limitation of the block in the Bitcoin blockchain that resulted in
increasing transaction fees and delayed transaction processing.
The scalability challenge points to another issue – cryptocurrencies are not yet
mainstream-friendly despite their advantages for mass users. One reason is that mass
users lack understanding of the concept of cryptocurrencies to be able and willing to use it.
Another is that cryptocurrencies are known to be volatile, unsafe and risky, being a serious
barrier for mass scale adoption by the majority of users and merchants.
OneCoin is focused on providing a blockchain-based cryptocurrency that improves
accessibility, safety and efficiency, therefore offering instant, low cost, convenient and
secure transactions to retailers and mass users.
The present Offering gives access to the blockchain-based cryptocurrency ONE with
AN ACTUAL USER BASE OF OVER 3 MILLION USERS WORLDWIDE.

A Coin for the Mass User and the Retail Market

Designed for the retail market and mass consumers, the ONE has entered its next growth
stage, with the present Offering aimed to make the coin widely accessible to the open
public. The Offering gives access to OFC “tokens” and the chance to convert OFCs into ONEs
on January 8, 2019 according to the Release Strategy.
Now that scalability has proven to be a serious issue for retailers and the main reason for them
to discard other cryptocurrencies because of their limitations, ONE has proven to be truly
global, easy to use and capable of making instant transfers. On DealShaker, the global
e-commerce platform, ONE is used to utilize daily discount deals by both sellers and buyers.
So far, the coin was accessible only to an exclusive community of users. It has been used
and tested with various products and services. Now, the present Offering is the first step to
the public adoption of the coin.

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ABOUT ONE

Key Features of the Coin

ONE is cryptographically secure, peer-to - peer cryptocurrency that allows instant and cost
saving payments. Its global accessibility and finite number of 120 billion ONEs make the
coin one of the biggest reserve currencies worldwide.

GLOBAL ACCESS

OneCoin users can make instant payments and cross-border money transfers

UNIQUE ECOSYSTEM

OneCoin is dedicated to establishing a coin suitable for mass market usage, globally.

STABLE

The coin has low volatility and is not affected by inflation.

TRANSPARENT

OneCoin is transparent and secure, maintaining a continuously updating digital

ledger of all transactions.

The blockchain systems resemble tamper-proof ledgers of transactions, guaranteed by the merkle
tree roots attached to each block of transactions. In this regard the OneCoin system provides the
opportunity to users to access the digital ledger with all the blocks and transactions in it.
What is a Merkle tree?
Merkle tree is a tree in which every leaf node is labeled with a data block and every non-leaf node is
labeled with the cryptographic hash of the labels of its child nodes. Hash trees allow efficient and
secure verification of the contents of large data structures. Merkle trees are a generalization of hash
list of the transactions in the current block. This means that if one of the transactions is modified or
if the order of any of the transactions is changed, the merkle tree will also change. If one of the
previous block merkle root is changed, this means its hash will change too and so will all the next
blocks hashes.

INSTANT TRANSACTIONS

In line with its vision, OneCoin offers cross-border payments and remittances at a
low cost thus increasing financial inclusion and transparency.

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SAFE

Based on cryptography, OneCoin cryptocurrency is safe and difficult to counterfeit.

The ongoing data- backups performed by the company guarantee that there is low
risk of stolen coins.

OneCoin blockchain use proof-of-work (POW) that involves scanning for a value. When hashed, such
as with SHA-256, the hash begins with a needed target (for example a number of zero bits). The
proof-of-work is implemented by incrementing a nonce in the block until a value is found that gives
the block’s hash the required target. Once the CPU effort has been expended to make it satisfy the
POW, the block cannot be changed without redoing the work. As later blocks are chained after it, the
work to change the block would include redoing all the blocks after it.

SCALABLE

The OneCoin blockchain can handle millions of user accounts. It has the capacity to
process cross- border global payments and the capability to make unbounded
transaction processing. The private management of the blockchain keeps the
storage costs under control and prevents possible scalability issues that usually
pertain to public blockchain.

Since the OneCoin blockchain is centralized, the system uses one copy of blockchain data for several
wallets. That means that if there are 4 or more wallets in a decentralized cryptocurrency, then there
must be the same number of copies of the blockchain data. In the case of a centralized blockchain,
however, it would be necessary to have, for example, only 2 copies of the data, so 3 wallets would be
able to work with one copy, and other wallets with other copy. In this case, instead of performing a
4-times verification, only 2-times verification on 2 nodes is enough and will still be as true as 4 times
verification of 4 different nodes.
The OneCoin Blockchain can handle millions of user accounts on standard high-spec hardware (e.g.
equivalent to current AWS 2xlarge instances) and this can be scaled up by upgrading to more
powerful hardware (e.g. equivalent to AWS 4xlarge, 8xlarge, 16xlarge instances or higher) as
required.

SECURE

Because the company performs ongoing data-backups, there is a low risk of lost
coins due to, for example, malfunction of the user’s hardware or theft of coins.
Except live monitoring of the system and regular ongoing of backups of the whole
system, the OneCoin blockchain implements DRP (Disaster Recovery Plan) to be
able to respond adequately and in time when a disaster such as natural,
environmental or man-made occurs (for example, an act of attack).
DRP is a set of procedures to recover and protect a business IT infrastructure in the
event of a disaster.

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KYC & AML COMPLIANT

The OneCoin blockchain does not allow anonymous transactions. The KYC
(know-your-customer) information of users is stored directly in the blockchain. The
KYC process provides additional monitoring on possible violations of the AML and
CFT regulations.
All of the collected data is encrypted and time-stamped in the blockchain. This
provides the opportunity to create а KYC Register that meets the need for an
efficient platform for managing KYC data and that could be used as necessary.
The implemented KYC policy is an important step, helping companies to prevent
identity theft, financial fraud, money laundering and terrorist financing.

MERCHANT APPROPRIATED

With its low volatility, global access, cost efficiency and mass market suitability,
ONE is uniquely suited for merchants willing to use safe and stable cryptocurrency.
ONE is not a pre-mined cryptocurrency. By mining the coin, transactions are added
and recorded in the OneCoin blockchain. The blockchain processes 50 000 solutions
per block and runs every single minute allowing users to make instant transactions.
The algorithm of OneCoin provides for a finite number of 120 billion coins to be
mined.
The blockchain resembles a ledger, i.e. a chain of blocks, that confirms that a certain
number of transactions have been recorded and verified. Based on protocols that
authenticate, validate and store information in consistent, and unbroken sequences,
the blockchain makes the system safer by eliminating any attempts of fraud,
duplicity and/or forgery.
With the launch of DealShaker in 2017, the coin was utilized by merchants to enable
deep discounts for buyers that joined the platform. Now the present Offering gives
access to a more advanced coin contrary to the majority of new coins offered on the
market.

The OneCoin Ecosystem

To ensure its global usage, OneCoin continues to develop its ecosystem of products and
services, utilizing the coin for both users and merchants.
For example, DealShaker serves as an advertising platform for merchants offering
products and services worldwide to all people using the coin currently. DealShaker
establishes business-to-business, consumer-to-consumer and business-to-consumer deal
promotions in price combinations of ONE and cash. DealShaker merchants receive at least
50% of the price in ONE. Merchants can also accept their full coupon price in ONE.

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TOKEN MODEL

Offering Structure
The Offering process is structured in 3 rounds offer OFC bundles as well as incentives to all
participants. It starts on October 8th, 2018 and ends on January 7th, 2019. The first phase, which
starts September 8th, 2018 and ends October 7th, 2018 is only informational. The OFC bundles will
be available from October 8th, 2018 until the end of round Four - January 7th, 2019.
Both, companies and individuals can participate and acquire bundles containing OFCs. After
January 7, 2019, the bundles will no longer be available, and participants will be able to convert
OFCs into ONEs based on the rules described in the Mandatory Discount Period and Release
Strategy Chapter.
The concept of creation a coin suitable for mass market usage, its user base of over 3 million users,
its vision to provide financial services for everyone and the fact that its ecosystem is centred around
the coin, aligns with the goal of the present Offering - to provide access to a coin that is actually in
use and has been developed consistently over the time of its lifespan.
The present Offering aims to give access to every interested party to the ONE cryptocurrency and
make it public. Also, the Offering can be considered the next step of the adoption of ONE on a much
bigger scale.
To connect as many retailers as possible worldwide and make it more convenient for them to use
ONE, a cross-border transaction tool will be the next big milestone for the ONE cryptocurrency.

Roadmap and Details

Participants become part of the coin offering by acquiring an OFC bundle that contains a precise
number of OFCs. Companies and individuals can choose between four bundles based on price and
number of OFCs. There are no limitations related to the number of bundles that can be purchased.

PERIODS/ROUNDS TABLE

“Token” Name: OFC Total Coin Supply: 120 Billion ONE

ROUND ROUND ROUND ROUND

ONE TWO THREE FOUR
SEPTEMBER 8 – OCTOBER 8 – NOVEMBER 8 – DECEMBER 8 –
OCTOBER 7, 2018 NOVEMBER 7, 2018 DECEMBER 7, 2018 JANUARY 7, 2019

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AUGUST, 2018
Informational period (September 8– October 7, 2018)
Conducting an information campaign aimed at fully informing the participants about the project.

OCTOBER, 2018
SALE OF PACKAGES

Round 1 (October 8 – November 7, 2018)

Round 2 (November 8 – December 7, 2018)
Round 3 (December 8 – January 7, 2019)
During this period, the OFC bundles will be available under the terms of the current round.

Mandatory Discount Period and Release Strategy

JANUARY, 2019
STAGE 1 of the MDP (January 8 – July 7, 2019)
Since January 7, participants will be able to convert their accumulated OFCs into ONEs. 20% of all
acquired coins are released.
Mandatory Discount Period of the start-up will refer to the 80% of the total number of coins
acquired by participants after the conversion from OFC to ONE. These 80% of the total number of
coins will be held for 6 months and will receive 5% more coins.

JULY, 2019
STAGE 2 of the MDP (July 8 – October 7, 2019)
On July 8, 2019, 30% of the coins will be released. The remaining 50% of the coins will receive
10% more coins and will be held for the next 3 months.

OCTOBER, 2019
STAGE 3 of the MDP (October 8 – January 7, 2020)
On October 8, 2019, the next 30% of the coins will be released. The remaining 20% of them will be
held for additional 3 months and will receive 15% more coins.

JANUARY, 2020
STAGE 4 of the MDP (January 8, 2020)
All coins acquired by participants will be available to them lately, on January 8, 2020, at the output
of the project at full capacity.
Depending on the round in which participants acquire their OFC bundle, they receive added OFC
incentives. With each new period, the OFC incentives decrease.

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INCENTIVE TABLE

+ 50% OFC + 40% OFC + 30% OFC

The Offering process is structured in 3 rounds that offer bundles containing a specific
number of OFCs. With each round, the number of OFCs in the bundles will decrease.

BUNDLES TABLE

Sirius 1 500 OFC 1 250 OFC 1 125 OFC

Vega 20 000 OFC 17 500 OFC 16 250 OFC

Belatrix 100 000 OFC 90 000 OFC 85 000 OFC

Zeta 300 000 OFC 275 000 OFC 250 000 OFC

Round TWO Round THREE Round FOUR

To purchase a bundle, companies and individuals should first register for the coin offering
on www.onecoinico.io. The payment methods allowed are displayed in the user Accounts of
all registered participants.

OFC Tokens
The OFC tokens offered with the bundles are neither shares nor represent ownership
interests, nor grant ownership, control or voting rights, as well as not granting any rights to
receive a share. OFCs are neither money nor investment securities and participants should
be aware that the pursuit of profit or participation with investment or speculation intent
should not be the incentive for taking a part in the Offering.

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Registration
Participants register for the Offering on www.onecoinico.io by either clicking on
“Participate” to start the registration process. Depending on the choice of participating as a
company or an individual, participants will be asked to submit the relevant KYC/KYB
information.

The registration process includes 7 steps for both Individuals and Entities:
REGISTRATION TABLE

General Company User Personal Upload KYC/KYB Preview Thank

Information or Individual Information Information Documentation & Confirm You!

Companies will have to provide personal information as well as company information and
documents related to the KYC/KYB process. The persons filling in company information
should be aware that they will have to point out their relationship with the company as its
representative, e.g. UBO (Ultimate Beneficiary Owner), Legal Representative or Registered
Secretary.
Upon registration, Companies and Individuals create an Account. To enter this Account,
users will have to login to www.onecoin.eu, where they will be able to check their KYC/KYB
status, payments history, update the information provided, etc.
Please read the Terms and Conditions and FAQ for more information.

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MANDATORY DISCOUNT PERIOD

AND RELEASE STRATEGY
The Mandatory Discount Period (MDP) and the Release Strategy (RS) are interconnected
and pertain to the way participants will receive their coins MDP and release strategy starts
on January 8, 2019.
Mandatory Discount Period
The MDP is a time frame during which a specific percentage of the OFCs received by
participants are withheld against additional discount, namely receiving additional quantities
of coins as discount (which indirectly reduces the pricing).
The MDP will refer to the 80% of the total number of coins acquired by participants after
the conversion from OFC to ONE.
These 80% of the total number of coins will be held for 6 months and will receive 5% more
coins. On July 8, 2019 30% of the coins will be released. The remaining 50% will receive 10%
more coins and will be held for the next 3 months. On October 8, 2019 the next 30% of the
coins will be released. The remaining 20% will be held for additional 3 months and will
receive 15% more coins. All acquired coins by participants will be available to them latest
on January 8, 2020.

The MDP has been designed to serve the purpose of creating an OFC with
MANDATORY DISCOUNT PERIOD TABLE

January 8, 2019 July 8, 2019 October 8, 2019 January 8, 2020

80% of all aquired coins 50% of coins 20% of coins
+ 5% more coins + 10% more coins + 15% more coins

6 MONTHS 3 MONTHS 3 MONTHS

preventive and protective character. By its nature it is preventive and protective also
because the participants will be granted additional number of coins on the one hand and on
the other - the gradual release of coins, implemented in the strategy, will prevent potential
market flood and price volatility.

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Release Strategy
The release strategy related to the coins commences on January 8, 2019 and is as follows:
20% of the total number of coins are released immediately after the OFC to ONE conversion.
The rest of the amount, 80% of the coins receive 5% more coins and will be held for the next
6 months. On July 8, 2019 the next 30% of the coins will be released. The remaining 50%
will receive 10% more coins and will be held for the next 3 months. On October 8, 2019 the
next 30% of the coins will be released. The remaining 20% will be held for additional 3 months
and will receive 15% more coins. All coins will be available latest on January 8, 2020.

RELEASE STRATEGY TABLE

STAGE 1 STAGE 2 STAGE 3 STAGE 4

January 8, 2019 July 8, 2019 October 8, 2019 January 8, 2020

20% of all aquired 30% of the remaining 30% of the remaining The remaining 20% of
coins are released coins are released coins are released the coins are released

All titles and names given are for orientation, avoidance of confusion and explanatory
purposes only. Nothing in the offering and/or the discount within the offering is not and shall
not be interpreted and understood as investment, legal or financial advice or any other type
of financial and/ or investment activity.

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COMPLIANCE PROGRAM

To prevent individuals from engaging in unwanted behavior, compliance procedures aligned

with legal developments in the industry have been put in place. For example, to prevent
money laundering, identity theft, financial fraud and terrorist financing, KYC
(know-your-customer) rules disrupt any possible misconduct by participants.
Therefore, the implemented measures include procedures such as AML/ CFT and DD and
KYC/KYB checks, following carefully due diligence regulations based on good practices.

DUE DILLIGENCE TABLE

User/Company Registration
(Some countries may be excluded
due to regulatory approach)

COMPANY
INDIVIDUAL
(Identity documents and
(Identity documents) entity representative
documents)

Screening for PeP,

Sanction List

RISK ASSESSMENT
(Applying risk ratio:
high/low/medium risk ratio)

HIGH RISK USERS LOW/MEDIUM RISK USERS

Policy: Enhanced Approved for Redemtion
due diligence (EDD)

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The DD Compliance Procedure

The DD (Due Diligence) procedures are performed to assess the risks to which an entity
may be exposed, particularly the risk of money laundering and terrorist financing. The main
point of the DD analysis is to identify and verify the customer based on account information
provided to the company. When conducting DD, it is important to consider factors such as:

the type of customer – individual or business

the type of products/services/transactions the customer is using or conducting

the geographical areas of the customers’ operations

the amounts of the customers’ operations

Identification and verification of the customer is being completed before establishing a
business relationship. For higher risk customers it is important to perform further
enhanced due diligence (EDD).

The EDD Compliance Procedure

Enhanced Due Diligence (EDD) compliance measures include obtaining further information
about higher risk customers, including additional evidence of identity as documents
provision, checks in an available software, politically exposed persons, individuals in trusts
and fiduciary relationships or if a customer comes from a jurisdiction considered to be a
high risk.
EDD compliance is also performed in cases when there is a suspicion of money laundering
or terrorist financing. The company conducts retrospective due diligence periodically on all
existing customers.

KYC Procedures
Since global business opportunities demand a sophisticated international customer
identification and verification solution, the KYC policy adopted by OneCoin includes
identifying the user and verifying the identity by examining reliable and independent
documents.
Know Your Customer (KYC), Know your Business (KYB) and Know Your Customers’
Customer (KYCC) analyses are made in order to assess the extent to which the customer
exposes the organization to a range of risks. KYCC analysis is important, because a
company should know who their third party customers’ business dealings are with, their
sources of funds and legitimacy, and whether the risks for these third parties may be
related to money laundering, fraud, terrorist financing, etc.

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All submitted documents of identity remain confidential. Each user must go through a
verification procedure every time his or hers identity information is changed, thus
confirming that each payment is not anonymous.

AML/CFT and CDD and KYC/KYB Compliance

Standard due diligence procedures require customers’ identification as well as verification
of the customer’s identity. In addition, the company ensures gathering of information for
the purpose of understanding the customers’ intention of the business relationship with the
company. All collected data give evidence of the customers’ aim and the objectives of the
products and services application, to ensure they are not being used for money laundering
or for any kind of other criminal activity.
Documentation of identity must be supplemented with additional identification such as a
recent utility bill or a bank statement, which is less than 3 months’ old and showing the
customer’s name and address.

KYC Compliance procedure

List of documentation the company requests:
KYC/KYB DOCUMENTS TABLE

1. Proof of Identity documents: 2. Proof of Address documents:

• National ID card - all sides must be
scanned in ONE file
• National Passport
• International Passport
• Utility bills (electricity, gas, water, waste, etc.)
• less than 3 months old
• Document issued by a Bank less than 3 months old
• Document issued by Municipality/Government Agency/Tax Authorities -
most recent All sides of a valid National ID Card/Passport (identity page +
detailed address page uploaded in ONE file)
• Other documents issued by the Government, where the names and the
detailed address are shown (for example: NOT expired: Residence permits,
Driving licenses, Voter ID cards; Nation-al/Municipal
• Residential Agencies or Registers

The following details must be clearly
visible:
• Personal photo
• All personal names
• Date of birth
• Document serial number
• Issuing date of the document
• Expiry date of the document (if
available for the respective document)
• Issuing authority
The following details must be clearly visible:
• Issue date
• Issuing authority’s official letter
• Head/logo
• Personal names of the customer
• Detailed address (Country, City, Zip
• (Postal) Code, street name, street number, etc.)
• Official sign and stamp of the issuing authority

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KYB Compliance Procedure

KYB procedure includes the assessment of the high-risk activities/ businesses, taking into
consideration factors such as:

The customers’ occupation;

The type of transaction the customer is using or conducting;

The geographical areas of the customer’s operations

Furthermore, collection of some entity documents will be required in order for the
company to fulfill the requirements of its KYB (CDD) procedure.

The following documentation may be requested and provided by the business entity on
demand (certified copy of the documents and also official translation):

Certified true copy of Business Registration Certificate or corresponding commercial

register extract (Certificate of Incorporation), including one for any shareholding
companies for the customers’ company.
If there are shareholding companies - Business Ownership Chart
(SHAREHOLDERS’ ORGANISATION CHART)

Board resolution

Identity documents and proof of residency of the shareholders holding more

than 10 per cent of the paid up share capital and/or key functionalities are required

Copy of Tax registration certification (if any)

Photocopy of Business Registration License (if any)

Fiduciary agreement (if any)

Annual financial statement at least for the previous year

All the information and documents collected are recorded in a secured database. Any change of the
information and/or documents is recorded and kept for 5 years dating from the end of the relationship
of the company with the customer.

The COMPANY, under the protection of the safe harbor from liability, may voluntarily
receive or otherwise share information with any of the other financial or governmental
institution regarding individuals, entities or other organizations for purposes of identifying
and when needed reporting activities, that may involve possible terrorist or money
laundering activities.

Compliance Program 21
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LEGAL CONSIDERATIONS
AND RISKS
Legal Considerations
Coin Offerings are a relatively new mechanisms, typical for blockchain companies. Currently,
there is no unified, commonly accepted legal definition for the Coin Offering process. The
participants in such projects refer to the distribution of tokens in various ways.

Risks
The purchase of the OFC involves a high degree of risk, including but not limited to the risks
described below. Before acquiring the OFC, it is recommended that each participant
carefully weighs all the information and risks detailed in this Whitepaper, and, specifically,
the following risk factors. Please further note that the ONE Ecosystem may be subject to
other risks not foreseen

Market volatility risk – cryptocurrency markets, since their appearance, have been
characterized by high degree of uncertainty and volatility. In addition, having in mind the
relatively recent rise of this market, the unpredictability of the future economic conditions
may have significant impact on the success of any such offerings in general;

Cyber security risk – the company may be a target of malicious attacks aimed to find and
exploit weaknesses in the software, which may potentially result in loss and/or theft of
tokens. In addition, there is an ongoing risk of system failures, that may result is service
interruptions and/or other negative consequences;

Industry/competition risk – companies engaged in the high-technology business sphere

face significant competition, due to the high-speed development of the technologies and
amortization of the currently exploited systems, software etc.; Risks can be related to
larger client base, name recognition, bad commercial practices and implementation of
practices in violation of the common competition rules;

Media risk – as usual, development of technologies is related to increasing media interest,

where the sector is tide by high level of confidentiality, commercial and trade secrets. In
this case excessive media interest may seriously harm the business, as for example
activating other risks as the above described “competition risk” or via negative publications
to affect client base etc.;

Legal Considerations and Risks 22

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Regulatory & compliance risk – because of the “cutting

edge” status of the sector, regulations are following the practical implementation of
cryptocurrency and blockchain technologies. The rapidly developing sector may suddenly
become a subject to statutory and regulatory requirements, which may potentially alter the
business;

Dependence on Computer Infrastructure - The ONE Ecosystem depends on the

functioning of the software applications, computer hardware, and the internet. This implies
that no assurances can be given that a system failure would not adversely affect the use of
the OFC. Despite the intended implementation of all reasonable network security
measures, the processing center servers are vulnerable to computer viruses, physical or
electronic break-ins or other disruptions of a similar nature. Computer viruses, break-ins or
other disruptions caused by third parties may result in interruption, delay or suspension of
services, which would limit the use of the OFC.
Smart Contract Limitations - Smart contract technology is still in its early stages of
development, and its application is of an experimental nature. This may carry significant
operational, technological, regulatory, financial and reputation risks. Consequently, it
cannot be ensured that smart contracts to the extent used will properly work, or that they
contain no flaws, vulnerabilities or issues which could cause technical problems and,
thereby, cause damages.

Taxes - Holders of the OFC may be required to pay taxes associated with the transactions
contemplated herein. It will be a sole responsibility of OFC holders to comply with the tax
laws of the jurisdictions applicable to them and pay all relevant taxes.
Force Majeure - The performances under the ONE Ecosystem may be interrupted,
suspended or delayed due to force majeure circumstances. For the purposes of this
Whitepaper, force majeure shall mean extraordinary events and circumstances which could
not be prevented and shall include acts of nature, wars, armed conflicts, mass civil
disorders, industrial actions, epidemics, lockouts, slowdowns, prolonged shortage or other
failures of energy supplies or communication service, acts of municipal, state or federal
governmental agencies, other circumstances beyond control, which were not in existence
at the time of Whitepaper release.

Disclosure of Information - Personal information received from holders of the OFC, the
information about the number of coins owned, the wallet addresses used, and any other
relevant information may be disclosed to law enforcement, government officials, and other
third parties when required to disclose such information by law, subpoena, or court order.
AHS Latam S. A. shall at no time be held responsible for such information disclosure.

Legal Considerations and Risks 23

 WHITE PAPER

Value of the OFC - Once purchased, the value of the OFC may significantly fluctuate due to
various reasons. The purchase of OFC can even lead into a total loss.

Bitcoin and Ethereum Volatility - The ONE may be significantly influenced by digital
currency market trends and the OFC value may be severely depreciated due to non- OFC
related events in the digital currency markets. Cryptocurrencies exchange rate volatility
may impact the company's ability to provide services at the indicated prices. Assumptions
with respect to the foregoing involve, among other things, judgments about the future
economic, competitive and market conditions and business decisions, most of which are
beyond the control of the ONE team and are therefore difficult or impossible to accurately
predict.

Liquidity Risk – The present Offering may not reach the target sale amount and may not
have sufficient funds to execute its business plan. Furthermore, the Offering teams may not
succeed in creating the necessary momentum and acceptance for the OFC, which may
result in low liquidity and depletion of trades. The positions and plans outlined in this
Whitepaper may be altered as the project progresses.

Delayed Projects & Competition - Although the OFC team believes that its assumptions
underlying its forward-looking statements are reasonable, any of these may prove to be
inaccurate. As a result, assurances that the forward-looking statements contained in this
Whitepaper will prove to be accurate can not be provided.

In light of the significant uncertainties inherent in the forward-looking statements

contained herein, the inclusion of such information may not be interpreted as a warranty
that the objectives and plans of the Offering project will be successfully achieved.

Competition may introduce the same or better prediction market solutions and cause loss
of market share and eventually failure to deliver the declared business goals.

Legal Considerations and Risks 24

 WHITE PAPER

DISCLAIMER

PLEASE READ THIS SECTION AND THE FOLLOWING SECTIONS ENTITLED

“DISCLAIMER OF LIABILITY”, “NO REPRESENTATIONS AND WARRANTIES”,
“REPRESENTATIONS AND WARRANTIES BY YOU”, “CAUTIONARY NOTE ON
FORWARD-LOOKING STATEMENTS”, “MARKET AND INDUSTRY IN-FORMATION AND NO
CONSENT OF OTHER PERSONS”, “NO ADVICE”, “NO FURTHER INFORMATION OR
UPDATE”, “RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION”, “NO OFFER OF
SECURITIES OR REGISTRATION” AND “RISKS AND UNCERTAINTIES” CAREFULLY.

IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD
CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S).

The OFC is not intended to constitute securities or financial instruments in any jurisdiction.

This Whitepaper does not constitute a prospectus or offer document of any sort and is not
intended to constitute an offer of securities or a solicitation for investment in securities in
any jurisdiction. This Whitepaper does not constitute or form part of any opinion on any
advice to sell, or any solicitation of any offer by the seller of the OFC (the “Token Provider”)
to purchase any OFC nor shall it or any part of it nor the fact of its presentation form the
basis of, or be relied upon in connection with, any contract or investment decision.
The OFC provider will be AHS Latam S. A. and will deploy all proceeds of sale of the OFC to
fund the herein described cryptocurrency project, businesses and operations. No person is
bound to enter into any contract or binding legal commitment in relation to the sale and
purchase of the OFC and no cryptocurrency or other form of OFC is to be accepted on the
basis of this Whitepaper.
Any agreement as between the Token Provider and potential participant, and in relation to
any sale and purchase, of the OFC (as referred to in this Whitepaper) is to be governed by
only a separate document setting out the terms and conditions (the “T&Cs”) of such
agreement. In the event of any inconsistencies between the T&Cs and this Whitepaper, the
former shall prevail.

No regulatory authority has examined or approved of any of the information set out in this
White-paper. No such action has been or will be taken under the laws, regulatory
requirements or rules of any jurisdiction. The publication, distribution or dissemination of
this Whitepaper does not imply that the applicable laws, regulatory requirements or rules
have been complied with.

Disclaimer 25
 WHITE PAPER

There are risks and uncertainties associated with the OFC and the different elements of the
ONE Ecosystem and their respective services, businesses and operations (each as referred
to in this Whitepaper). This Whitepaper, any part thereof and any copy thereof must not be
taken or transmitted to any country where distribution or dissemination of this Whitepaper
is prohibited or restricted. No part of this Whitepaper is to be reproduced, distributed or
disseminated without including this section and the following sections entitled “Disclaimer
of Liability”, “No Representations and Warranties”, “Representations and Warranties By
You”, “Cautionary Note On Forward-Looking Statements”, “Market and Industry
Information and No Consent of Other Persons”, “Terms Used”, “No Advice”, “No Further
Information or Update”, “Restrictions On Distribution and Dissemination”, “No Offer of
Securities Or Registration” and “Risks and Uncertainties”.

DISCLAIMER OF LIABILITY
To the maximum extent permitted by the applicable laws, regulations and rules, AHS
Latam S. A. or any entity or person being a part of the ONE Ecosystem shall not be liable for
any indirect, special, incidental, consequential or other losses of any kind, in tort, contract
or otherwise (including but not limited to loss of revenue, income or profits, and loss of use
or data), arising out of or in connection with any acceptance of or reliance on this
Whitepaper or any part thereof by the participants.

NO REPRESENTATIONS AND WARRANTIES

The Token Provider and any entity or person being a part of the ONE Ecosystem does not
make or purport to make, and hereby disclaims, any representation, warranty or
undertaking in any form whatsoever to any entity or person, including any representation,
warranty or undertaking in relation to the truth, accuracy and completeness of any of the
information set out in this Whitepaper.

REPRESENTATIONS AND WARRANTIES BY YOU

By accessing and/or accepting possession of any information in this Whitepaper or such
part thereof (as the case may be), participants represent and warrant to the Token Provider
or any entity or person being a part of the ONE Ecosystem that they agree on following:

(a) participants agree and acknowledge that the OFC does not constitute securities in any
form in any jurisdiction;

Disclaimer 26
 WHITE PAPER

(b) participants agree and acknowledge that this Whitepaper does not constitute a
prospectus or offer document of any sort and is not intended to constitute an offer of
securities in any jurisdiction or a solicitation for investment in securities and participants
are not bound to enter into any contract or binding legal commitment and no
cryptocurrency or other form of payment have to be accepted on the basis of this
Whitepaper;

(c) participants agree and acknowledge that no regulatory authority has examined or
approved of the information set out in this Whitepaper, no action has been or will be taken
under the laws, regulatory requirements or rules of any jurisdiction and the publication,
distribution or dissemination of this Whitepaper to participants does not imply that the
applicable laws, regulatory requirements or rules have been complied with;

(d) participants agree and acknowledge that this Whitepaper, the undertaking and/or the
completion of the Offering of the OFC, or future trading of the OFC on any cryptocurrency
exchange, shall not be construed, interpreted or deemed by them as an indication of the
merits of AHS Latam S. A. or any entity or person being a part of the ONE Ecosystem;

(e) the distribution or dissemination of this Whitepaper, any part thereof or any copy thereof,
or acceptance of the same is not prohibited or restricted by the applicable laws, regulations
or rules in participants jurisdiction, and where any restrictions in relation to possession are
applicable, participants have observed and complied with all such restrictions at their own
expense and without liability to AHS Latam S. A. or any entity or person being a part of the
ONE Ecosystem;

(f) participants agree and acknowledge that in the case where participants wish to
purchase any OFC, the OFC is not to be construed, interpreted, classified or treated as:

• any kind of currency other than cryptocurrency;

• debentures, stocks or shares issued by any person or entity

• rights, options or derivatives in respect of such debentures, stocks or shares;

•units in a collective investment scheme;

•units in a business trust;

•derivatives of units in a business trust; or

•any other security or class of securities.

participants have a basic degree of understanding of the operation, functionality, usage,

storage, transmission mechanisms and other material characteristics of cryptocurrencies,

Disclaimer 27
 WHITE PAPER

block-chain-based software systems, cryptocurrency wallets or other related token

storage mechanisms, blockchain technology and smart contract technology;

participants are fully aware and understand that in the case where you wish to purchase
any OFC, there are risks associated with the OFC and the ONE Ecosystem and their
respective services, business and operations;

participants agree and acknowledge that neither AHS Latam S. A. nor any entity or person
being a part of the ONE Ecosystem is liable for any indirect, special, incidental,
consequential or other losses of any kind, in tort, contract or otherwise (including but not
limited to loss of revenue, income or profits, and loss of use or data), arising out of or in
connection with any acceptance of or reliance on this Whitepaper or any part thereof by
you; and rights under a contract for differences or under any other contract the purpose or
pretended purpose of which is to secure a profit or avoid a loss;

all of the above representations and warranties are true, complete, accurate and non-
misleading from the time of participants access to and/or acceptance of possession this
Whitepaper or such part thereof (as the case may be).

CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS

All statements contained in this Whitepaper, statements made in press releases or in any
place accessible by the public and oral statements that may be made by AHS Latam S. A.
and/or any entity or person being a part of the ONE Ecosystem, including their respective
directors, executive officers or employees acting on behalf of them that are not statements
of historical fact, constitute “forward-looking statements”. Some of these statements can
be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”,
“could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”,
“should”, “would”, “will” or other similar terms. However, these terms are not the exclusive
means of identifying forward-looking statements. All statements regarding financial
position, business strategies, plans and prospects and the future prospects of the industry
which AHS Latam S. A. and/or any other entity or person being a part of the ONE Ecosystem
is in are forward-looking statements. These forward-looking statements, including but not
limited to statements about revenue and profitability, prospects, future plans, other
expected industry trends and other matters discussed in this Whitepaper are matters that
are not historical facts, but only predictions. These forward-looking statements involve
known and unknown risks, uncertainties and other factors that may cause the actual future
results, performance or achievements to be materially different from any future results,
performance or achievements expected, expressed or implied by such forward-looking
statements. These factors include, amongst others:

Disclaimer 28
 WHITE PAPER

(a) changes in political, social, economic and stock or cryptocurrency market conditions,
and the regulatory environment in the countries in which AHS Latam S. A. and/or any other
entity being a part of the ONE Ecosystem conducts its respective businesses and
operations;

(b) the risk that AHS Latam S. A. and/or any other entity being a part of the ONE Ecosystem
may be unable or execute or implement their respective business strategies and future
plans;

(c) changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;

(d) changes in the anticipated growth strategies and expected internal growth of AHS
Latam S. A. and/or any other entity being a part of the ONE Ecosystem;

(e) changes in the availability and fees of AHS Latam S. A. and/or any other entity being a
part of the ONE Ecosystem in connection with their respective businesses and operations;
(f) changes in the availability and salaries of employees who are required by AHS Latam S.
A. and/or any other entity being a part of the ONE Ecosystem to operate their respective
businesses and operations;

(g) changes in preferences of customers of the AHS Latam S. A. and/or any other entity
being a part of the ONE Ecosystem;

(h) changes in competitive conditions under which AHS Latam S. A. and/or any other entity
being a part of the ONE Ecosystem operate, and the ability of AHS Latam S. A. and/or any
other entity being a part of the ONE Ecosystem to compete under such conditions;

(i) changes in the future capital needs of AHS Latam S. A. and/or any other entity being a
part of the ONE Ecosystem and the availability of financing and capital to fund such needs;

(j) war or acts of international or domestic terrorism;

(k) occurrences of catastrophic events, natural disasters and acts of God that affect the
businesses and/or operations of AHS Latam S. A. and/or any other entity being a part of the
ONE Ecosystem;

(l) other factors beyond the control of AHS Latam S. A. and/or any other entity being a part
of the ONE Ecosystem; and

(m) any risk and uncertainties associated with AHS Latam S. A. and/or any other entity
being a part of the ONE Ecosystem and their businesses and operations, the OFC, the
OFFERING, and the OFC eWallet (each as referred to in the Whitepaper).

All forward-looking statements are expressly qualified in their entirety by such factors.

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Given that risks and uncertainties that may cause the actual future results, performance or
achievements to be materially different from that expected, expressed or implied by the
forward-looking statements in this Whitepaper, undue reliance must not be placed on these
statements. These forward-looking statements are applicable only as of the date of this
Whitepaper.

The actual results, performance or achievements may differ materially from those
anticipated in these forward- looking statements. Nothing contained in this Whitepaper is
or may be relied upon as a promise, representation or undertaking as to the future
performance or policies. Further, AHS Latam S. A. and/or any other entity being a part of the
ONE Ecosystem disclaim any responsibility to update any of those forward- looking
statements or publicly announce any revisions to those for-ward-looking statements to
reflect future developments, events or circumstances, even if new in-formation becomes
available or other events occur in the future.

MARKET AND INDUSTRY INFORMATION AND NO CONSENT

OF OTHER PERSONS
This Whitepaper includes market and industry information and forecasts that have been
obtained from internal surveys, reports and studies, where appropriate, as well as market
research, publicly available information and industry publications. Such surveys, reports,
studies, market research, publicly available information and publications generally state
that the information that they contain has been obtained from sources believed to be
reliable, but there can be no assurance as to the accuracy or completeness of such included
information.

Save for AHS Latam S. A. and/or any other entity being a part of the ONE Ecosystem and
their respective directors, executive officers and employees, no person has provided his or
her consent to the inclusion of his or her name and/or other information attributed or
perceived to be attributed to such person in connection therewith in this Whitepaper and no
representation, warranty or undertaking is or purported to be provided as to the accuracy
or completeness of such information by such person and such persons shall not be obliged
to provide any updates on the same.

While AHS Latam S. A. and/or any other entity being a part of the ONE Ecosystem have
taken reasonable actions to ensure that the information is extracted accurately and in its
proper context, AHS Latam S. A. and/or any other entity being a part of the ONE Ecosystem
have not conducted any independent review of the information extracted from third party
sources, verified the accuracy or completeness of such information or ascertained the
underlying economic assumptions relied upon therein. Consequently, neither AHS Latam S.

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 WHITE PAPER

A. and/or any other entity being a part of the ONE Ecosystem, nor their respective directors,
executive officers and employees acting on their behalf makes any representation or
warranty as to the accuracy or completeness of such information and shall not be obliged
to provide any updates on the same.

TERMS USED
To facilitate a better understanding of the OFC being offered, and the businesses and
operations of ONE, certain technical terms and abbreviations, as well as, in certain
instances, their descriptions, have been used in this Whitepaper. These descriptions and
assigned meanings should not be treated as being definitive of their meanings and may not
correspond to standard industry meanings or usage. Words importing the singular shall,
where applicable, include the plural and vice versa and words importing the masculine
gender shall, where applicable, include the feminine and neuter genders and vice versa.
References to persons shall include corporations.

NO ADVICE
No information in this Whitepaper should be considered to be business, legal, financial or
tax advice regarding OFC, the present OFFERING and the OFC eWallet (each as referred to
in the Whitepaper). You should consult your own legal, financial, tax or other professional
adviser regarding the OFC, the present OFFERING, and the OFC eWallet (each as referred
to in the Whitepaper). You should be aware that you may be required to bear the financial
risk of any purchase of OFC for an indefinite period of time.

NO FURTHER INFORMATION OR UPDATE

No person has been or is authorized to give any information or representation not contained
in this Whitepaper in connection with the OFC, the present OFFERING and the OFC (each
as referred to in the Whitepaper) and, if given, such information or representation must not
be relied upon as having been authorized by or on behalf of AHS Latam S. A. and/or any
other entity being a part of the ONE Ecosystem. The OFC and the present OFFERING (as
referred to in the Whitepaper) shall not, under any circumstances, constitute a continuing
representation or create any suggestion or implication that there has been no change, or
development reasonably likely to involve a material change in the affairs, conditions and
prospects of AHS Latam S. A. and/or any other entity being a part of the ONE Ecosystem or
in any statement of fact or information contained in this Whitepaper since the date hereof.

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RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION

The distribution or dissemination of this Whitepaper or any part thereof may be prohibited
or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case
where any restriction applies, you are to inform yourself about, and to observe, any
restrictions which are applicable to your possession of this Whitepaper or such part thereof
(as the case may be) at your own expense and without liability to AHS Latam S. A. and/or
any other entity being a part of the ONE Ecosystem. Persons to whom a copy of this
Whitepaper has been distributed or disseminated, provided access to or who otherwise
have the Whitepaper in their possession shall not circulate it to any other persons,
reproduce or other-wise distribute this Whitepaper or any information contained herein for
any purpose whatsoever nor permit or cause the same to occur.

NO OFFER OF SECURITIES OR REGISTRATION

This Whitepaper does not constitute a prospectus or offer document of any sort and is not
intended to constitute an offer of securities or a solicitation for investment in securities in
any jurisdiction.

No person is bound to enter into any contract or binding legal commitment and no
cryptocurrency or other form of payment is to be accepted on the basis of this Whitepaper.
Any agreement in relation to any sale and purchase of OFC (as referred to in this
Whitepaper) is to be governed by only the T&Cs of such agreement and no other document.
In the event of any inconsistencies between the T&Cs and this Whitepaper, the former shall
prevail.

No regulatory authority has examined or approved of any of the information set out in this
Whitepaper. No such action has been or will be taken under the laws, regulatory
requirements or rules of any jurisdiction. The publication, distribution or dissemination of
this Whitepaper does not imply that the applicable laws, regulatory requirements or rules
have been complied with.

RISKS AND UNCERTAINTIES

Prospective purchasers of OFC (as referred to in this Whitepaper) should carefully consider
and evaluate all risks and uncertainties associated with SILO and/or any other entity being
a part of the ONE Ecosystem and their respective businesses and operations, the OFC, the
present OFFERING and the OFC (each as referred to in the Whitepaper), all information set

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out in this Whitepaper and the T&Cs prior to any purchase of OFC. If any of such risks and
uncertainties develops into actual events, the business, financial condition, results of
operations and prospects could be materially and adversely affected. In such cases,
participants may lose all or part of the value of the OFC.

JURISDICTION AND GOVERNING LAW

The present Offering, any related material and especially the content of this Whitepaper,
the Whitepaper itself and any associated documents and material and any conflict arising
from it or in relation to it shall be exclusively governed by the laws of Republic of Panama.
The courts of Republic of Panama shall have the whole and exclusive jurisdiction.

Disclaimer 33
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The Whitepaper may be downloaded onto a single computer or mobile device for personal
non-commercial use only. The Whitepaper cannot be modified or altered in any way.
No one can use, quote, reproduce or distribute any material in this white paper without official permission
from the company, including in cases for non-commercial and educational use, provided that the original
source and applicable copyright notice are cited clearly and visibly.

Any copyright notice of intellectual property must not be removed.

AHS Latam S. A.,

reg. number 155655623-2-2017,
registered office address:
69 Street, P. H. Alfa Real Building, Suite 2, San Francisco,
Panama City,
Republic of Panama