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VERSION 3.0 BIGG CASH (CURRENCY FOR ASIA'S SOCIAL HEALTH) BIGG CASH WHITEPAPER

BIGG Whitepaper V3.0 Final · BIGG World is the world’s first autonomous blockchain powering an O2O e-commerce platform that rewards everyone. The backbone of BIGG World is the

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Page 1: BIGG Whitepaper V3.0 Final · BIGG World is the world’s first autonomous blockchain powering an O2O e-commerce platform that rewards everyone. The backbone of BIGG World is the

VERSION 3.0

BIGG CASH (CURRENCY FOR ASIA 'S SOCIAL HEALTH)

BIGG CASHWHITEPAPER

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C O N T E N T S

E X E C U T I V E S U M M A RYT H E B I G G C A S H P R O P O S I T I O N

TABLE OF

INFRASTRUCTUREB I G G03

3.2 The BIGG Team3.3 The BIGG Cash Sale3.4 The BIGG Proceeds Distribution3.5 The BIGG Cash Distribution

3.1 The BIGG Board Advisors

01 INTRODUCT ION

1.1 The BIGG Eco-system1.2 BIGG World on blockchain

1.4 Who needs BIGG Cash?1.3 The curious case of Shed at Dulwich

1.5 Adoption of BIGG Cash1.6 BIGG Featured Merchants1.7 Testimonial from Merchants

02 B I G GCASH

2.1 Proof of Transaction Rewards2.2 The BIGG Roadmap2.3 BIGG Cash Beyond The BIGG Ecosystem

01 INTRODUCT ION

1.1 The BIGG Eco-system1.2 BIGG World on blockchain

1.4 Who needs BIGG Cash?1.3 The curious case of Shed at Dulwich

1.5 Adoption of BIGG Cash1.6 BIGG Featured Merchants1.7 Testimonial from Merchants

02 B I G GCASH

2.1 Proof of Transaction Rewards2.2 The BIGG Roadmap2.3 BIGG Cash Beyond The BIGG Ecosystem

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1

WHITEPAPERBIGG CASH

EXECUTIVE SUMMARY

By the end of 2018, global e-Commerce sales have surpassed USD2.8 trillion. South East Asia's e-Commerce market is set to hit USD102 billion by 2025 fuelled by the rapidly increasing internet users (350 million) from countries such as Indonesia, Philippines, Thailand and Cambodia. Online sales, however only account for 11.9% of global retail sales and less than 5% in the region. BIGGWORLD was founded in Singapore on 9th June 2018 to capture both online and o�ine sales. BIGGWORLD (www.bigg.world) is an autonomous hyper-local Online to O�ine (O2O) e-marketplace for retailers to build trust and loyalty through our unique review and rewards blockchain systems. Underpinning BIGG CASH are Ethereum smart contracts and protocols that drive O2O B2C transactions, with targeted discounts from merchants and rewards to both merchants and consumers. The blockchain solves the problem of fake online reviews, fake products and poor services rendered by merchants as all reviews are recorded on the blockchain and immutable.

BIGG CASH (C urrency for A sia’s S ocial H ealth) is the go-to crypto-utility based currency that drives people to socialise together. Social media is creating social problems today with friends becoming virtual and people getting lonelier as a result. BIGG CASH is can be used for shopping, entertainment events and even charity events. Merchants accept BIGG Coupons and users are rewarded with BIGG CASH after writing a review. BIGG CASH can be used to buy more local BIGG Coupons to spend, creating a power economy of users, merchants and a�liates. Since inception, we have rewarded more than 1 million BIGG CASH in Singapore and have expanded to Malaysia, Philippines and China.

Executing community strategies are imperative to making BIGG CASH utility real, stable and not speculative which is the game changer to attaining long-term value-driven growth. Management of BIGG focuses on invoking growth strategies by forming exclusive exciting and strategic partnerships across Asia. Holders of BIGG CASH can use it at our partner merchants or at our merchant festivals planned at the Home Team locations, Civil Service Club and Orchard in Singapore. BIGG CASH can also be used to buy concert tickets featuring world superstars like Martin Garrix, Michael Learns to Rock, Air Supply and Jay Chou. BIGG CASH can also be used in China at Alpha supermarkets to buy safe and organic food.

BIGG CASH will be used to grow the BIGG community of merchants, users and partners from 10,000 currently to over 20 million in 4 years. With strong corporate governance and long-term value mechanisms, BIGG will be able to attract strong partnerships that return value to BIGG CASH by attracting greater demand from consumers and scaling the ecosystem

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PROPOSITION

WHITEPAPERBIGG CASH

With BIGG's own decentralized blockchain protocol called The Proof of Transaction Rewards, BIGG is able to solve a real-world problem. That is, the flaw of the review systems today. While solving this, we have also discovered a way to reward our esteemed users and merchants with BIGG Cash as a result of participating in the blockchain protocol.

This reward methodology has allowed us to gain fast traction and adoption to become the go-to stable utility cryptocurrency for South East Asia and thereafter with an aggressive expansion plan to the rest of the world.

As a group of entrepreneurs building this eco-system, we understand the pain points of accepting cryptocurrencies as a form of payment today, due to downside volatility. Current cryptocurrencies are a gamble for both buyers and merchants as they are unstable in value. Merchants accepting an unstable currency simply cannot afford to gamble their business earnings that are meant to pay their staff suppliers and other expenses.

As a result of our reflection in BIGG's mantra, we have put economic measures to ensure that our BIGG Cash is stably growing in utility over time. BIGG Cash’s price increment is commensurate to real utility gains, which translate to a higher demand over time for the BIGG Cash. Controlled algorithm-based supply release of BIGG Cash will take place over time through transactions, to serve both merchants and consumers in the form of rewards. This will incentivise our partners to give bigger discounts and better service that would stimulate further transaction demand. As we drive real and organic based utility for using our BIGG Cash, there is a real benefit for transacting with BIGG Cash as opposed to holding for speculative gains. Hence there is limited downside risk as the BIGG Cash are distributed to real users that derive real benefits from transacting. However, in the unlikely event that downside exposure has to be contained, BIGG has sufficient market making mechanisms in place to manage the risk.

10 years since the creation of Bitcoin, we have not seen the full potential and scalability of this cryptocurrency due to lack of application and mostly riding on speculations of future value. BIGG World owns no tokens, hence has no self-interest in manipulating the market for quick gains. But rather intervenes in creating strong partnerships for future scalable applications, which incentivizes real usage through the enablement of targeted and personalized O2O marketing, rewarding consumers, merchants and affiliates the same for every BIGG transaction.

2

THE BIGG CASH

BIGG WORLD - THE WORLDS FIRST DECENTRALIZED ONLINE TOOFFLINE (020) MARKETPLACE THAT REWARDS EVERYONE

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DISRUPTING SOUTHEAST ASIA’S 16 BILLION ECOMMERCE INDUSTRYWITH BIGG CASH & REWARDS

The most valuable retailer,has no inventory

The world’s largest taxicompany, owns no vehicle

To be the world’s largest O2Omarketplace that owns

no retail shops.

Largest accommodation,provider, owns no

real estate.

WHITEPAPERBIGG CASH

3

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INTRODUCTION

BIGG Cash has a clear vision of success, which is to be the dependable crypto-currency, for Southeast Asia. It will be widely accepted by more than thousands of merchants and thousands of users initially upon successful launch into exchanges. With the partnerships and networks that BIGG has installed and will continue to enhance, the team is bullish achieving the milestones set for driving up value and hence the demand for BIGG Cash in our BIGG ecosystem.

1) BIGG World

Our core ecosystem, BIGG World was created with the vision of providing true and honest reviews from real customers for the convenience of making purchase decisions. Using the power of blockchain, the reviews submitted by the customers are irreversible. With this blockchain protocol called The Proof of Transaction rewards that is unique to BIGG World, users are incentivized for writing a review and merchants are incentivized to provide the best service to the users for the maximum rewards in BIGG Cash.

The positive end result is that everyone gets rewarded with BIGG Cash from transacting, incentivizing further usage driven by the value generated from increased sales for our merchants. In turn this drives further discounts from forthcoming merchants, creating a vicious cycle of increased trajectory of demand for our BIGG Cash.

With a rewarding user acquisition plan coupled with the promise of free listing for life for all merchants, BIGG World has grown rapidly over a short period of time.

011.1 THE BIGG ECO-SYSTEM

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Till date, more than a million BIGG Cash have been rewarded to our users, merchants and a�liates through the Proof of Transaction Rewards protocol. This ensures scalability and demand for BIGGCash when we launch.

Advantages of the BIGG World Platform for Merchants

1) Extensive and easy to use service2) No listing fees for life3) Minimal transaction costs4) Provides a real alternative to credit cards5) Detailed sales analysis6) Advertising and marketing support for our top merchants7) Transparent and decentralized review system8) Cash back rewards system for all stakeholders within the ecosystem9) International market access

2) BIGG Bazaars

BIGG World organises regular merchant bazaars for merchants to participate and gain awareness of their products and services. Users purchase in the BIGG World App to receive discounts and BIGG Cash. This will drive community togetherness and a win-win for merchants and customers.

3) BIGG Exchange

The BIGG Exchange provides liquidity and convenience to our BIGG users who want to buy or sell their BIGG Cash. We provide convenient full FIAT to Cryptocurrency services via ATM machines or OTC or our merchant outlets.

We have many events and locations planned such as Grandstand, Bukit Timah Singapore. From 1st August 2019 - 31st December 2020, we will be holding a long term lively Food Street Market inside the Grandstand mall. It will have street food stalls, prepacked food products for foodies as well as retail for visitors to visit, eat and shop. All customers will be able to use BIGG Coupons and BIGG Cash during the events.

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4) BIGG Luxury

BIGG World is going to create a special extension to BIGG World, BIGG Luxury will o�er a decentralised marketplace where merchants and ultra a�uent crypto-enthusiast can spend their BIGG Cash.

An exclsuive conceirge like service will be provided to the users on BIGG Luxury, with exclusive invites and access to the latest luxury o�erings.

BIGG Luxury will be anchored by the experienced team from Ashleigh Ivory whose products are supplied to Singapore Airlines and Cathay Pacific Flights.

With the vision of driving the best possible tra�c to our specially curated merchants, BIGG will be producing BIGG newsletters on a monthly basis to feature our top merchants. BIGG newsletters will be produced in digital and physical copies. Copies will be distributed at our top merchant outlets like F&B outlets.

Two versions of the newsletter will be produced for our di�erent target audience : BIGG Newsletterand BIGG Luxe Newsletter.

5) BIGG Newsletter & BIGG Luxe Newsletter

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BIGG World is the world’s first autonomous blockchain powering an O2O e-commerce platform that rewards everyone. The backbone of BIGG World is the transparent review system and the proprietary Review and rewards blockchain system behind it.

We work with merchants who are happy to come onboard this platform to provide either a product or service that most of us are currently using or will use. We drive tra�c from their online websites to their shops, increasing spending tiers and in future, to do so vice versa and for many other sectors.

Shop. Pay. Review. Earn BIGG Cash. It is as simple as that.

According to the Consumer Barometer, over 60 percent of consumers research a product’s reviewbefore making a purchase. If someone is searching for your product and finds it with great reviews, it will likely turn into a transaction!

People always value service, be it from a waiter or your delivery guy who brings you dinner. Our platform simply makes it easy for consumers to find trusted reviews!

Currently, we have more than 600 local merchants and are making fast headway into Malaysia, Philippines, Vietnam, Cambodia and the rest of Southeast Asia in coming months, prior our launch. With a larger merchant base, BIGG will have better insights on consumer behavior to help a�liate merchants target the right consumer segment and increase sales that ‘stick’ for the long run.

1.2 BIGG WORLD ON THE BLOCKCHAIN PROOF OF TRANSACTION REWARDS

Bigg Merchant App Bigg User App

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There are over 18,000 restaurants in London and this prankster managed to trick world renowned travel review website, TripAdvisor to become TripAdvisor’s top London restaurant. Only problem, they were not a real restaurant.

Oobah Butler managed to achieve this feat through the help of fake reviews written by him and his friends. After a couple of reviews, their phone rang non-stop for reservations on the restaurant until they became the top rated restaurant in London.

Many of us take review sites with a pinch of salt – we have a built a blockchain protocol to solve thisrampant real world problem, presenting the world with true and honest reviews and incentivizing the users for writing the review and getting rewarded. On the other hand, merchants are incentivized to provide 5 star services all the time.

1.3 THE CASE STUDY THE CURIOUS CASE OF THE SHED AT DULWICH

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Yes, we accept BIGG CASH

TICKET’s

GAME’s

SHOP’s TAXI’s

APP’s

1.4 WHO NEEDS BIGG CASH?

USERS

MERCHANTS

AFFILIATES

CRYPTO-ENTHUSIAST

Role : Looking for deals at their favourite merchantsThey are ready to write a true and honest review and help other buyers to make informed buying decisionsThey want to accumulate BIGG Cash as rewards and to kickstart his cryptocurrency exploration journey

1.2.

3.

Role : Owns a local business and are ready to give out a good deal They want to have more walk-in tra�c from BIGG World and will accept BIGG Cash as payment due to it's low processing fees compared to Visa/MastercardThey are ready to give 5 stars service to BIGG World's users to get merchant rewards in BIGG Cash

1.2.

3.

Role : Knows many local businessesThey want to earn passive rewards in BIGG Cash each time a BIGG World user spends in their referred merchants using BIGG CouponsThey are ready to introduce merchants into the BIGG World platform

1.2.

3.

Role : Current investor in other cryptocurrenciesThey want a stable BIGG Cash, BIGG Cash as a stable store of valueThey are ready to make their daily purchases using BIGG Cash

1.2.3.

BUILDING A SCALABLE CRYPTOCURRENCY ECO-SYSTEM

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1. Merchants can pay for advertising and premium marketing campaigns in BIGG World and partners2. Users to buy items using BIGG Wallet / BIGG Debit Card* (TBC)3. Trade the BIGG Cash for other Cash in the BIGG Exchange4. Send the BIGG Cash to your friends5. Gain rewards or participate in exclusive BIGG Campaigns

3 reasons why you need BIGG Cash

1. Limited emission of tokens (only limited to the amount generated at BIGG Cash sale)2. Constantly increasing demand due to mutual interest from sellers and buyers3. Up to 2-5% rebate in buying goods using BIGG Cash. BIGG sale everyday!

1.5 ADOPTION OF BIGG CASH

DEB

IT C

ARD

PAY F

OR ADVERTISING TRADING THE TOKEN SENDIN

G TO

KENS / M

AK

ING

PAYMEN

TS

WALLET GAMIFICATION / REWARDS

EARNING

INC

ENTI

VES

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BIGG World features a large variety of merchants from F&B, transportation to property sales for our BIGG users’ daily spending. We have sold more than US$300,000 BIGG Coupons to be spent in our specially currated BIGG Merchants.

Till date, we have more than 600 merchants who are ready to accept BIGG Cash as a form of payment

Some featured merchants are as per below:

1.6 BIGG FEATURED MERCHANTS

Albago brand Portugal-produced premium Red & White Wines for the Asian region countries. The brand carries the Singapore Merlion Icon on its labels approved by the Singapore Tourism Board (STB).

Evergreen Group Pte Ltd is in the household brand for stationery of retail and o�ce supply and is the preferred partner and supplier to many multinational companies, government agencies and SOHO in Singapore. They more than 30,000 products for sale in over 8 outlets.

01

02

LOOK OUT FOR THIS STICKER LABELTO INDENTIFY OUR

BiggMerchantsAND SPEND

BiggCouponsON THE OUTLETS THAT YOU & SUPPORT!

WWW.BIGG.WORLD

BIGG COUPONS ACCEPTED HERE

Get your first US$50 Bigg Coupons on us

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BIGG World is a budding platform that is set to bloom big globally.

It o�ers what merchants are looking for :-

1) Zero Listing Fees2) Direct payment from consumers to the merchants3) Genuine reviews from paying consumers4) To top it all o�, both merchants and consumers are rewarded with BIGG Cash

- David Yap, Canaan Health Foods

1.7 TESTIMONIAL FROM MERCHANTS

Globally, we have garnered positive support for our company and have been o�ered a real and e�ective review for our products. Through this win-win Online to O�ine (O2O) platform, not only can we reach out to our customers e�ectively, we can also reach out to other businesses for other business area exploration.

- Infinity Enterprise Pte Ltd

Bigg World is a budding platform that is set to bloom big globally. It o�ers what merchants are looking for:

1) Additional new customers2) Additional advertisement platform and is totally free3) No commission charge when sales is made via Bigg World marketplace4) Helps to sell away existing stock more quickly

- Merlin Caselina, Fusionista Galleria

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BIGGCASH

The BIGG blockchain governs the reviews, transaction rewards and transactions using BIGG Cash.

The BIGG blockchain adopts a rhythmic loop of rewards and spending. By combining the power of Proof of Work, through the users writing a review and the merchants providing the best possible service and the power of proof of stake, to hold the BIGG Cash earned to confirm the transactions in the BIGG Blockchain.

02

2.1 PROOF OF TRANSACTION REWARDS

Spend @ BIGG MerchantsPurchase products /

services

BIGG WorldExchange

BIGG Coupons

www.bigg.world

LOGIN

LOGIN

BIGG ShoppersOwn BIGG Cash

Earn BIGG CashWrite reviews and earn

more BIGG Cash!

www.bigg.world

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The BIGG Ecosystem is an automated system with a distributed, immutable and secure ledger on top of a unique blockchain protocol.

Once we hit above 10,000 retail transactions per day, we will o�cially move to our own Mainnet where we will support other blockchain projects to benefit our community.

Step 1: The BIGG user buys BIGG coupons (US$10 onwards) from BIGG.World using fiat currency, credit card, debit cards or any other crypto-currencies. The coupon purchase is authenticated by the blockchain and these coupons are transferred to the user’s BIGG Wallet.

Step 2: The BIGG user can use the BIGG coupons at a BIGG merchant to purchase the products he/she wishes. The transactions are recorded on the blockchain at the retailer's database.

Step 3: The BIGG User is awarded with BIGG Cash for writing a true and honest review through the rewards programs. The BIGG merchants will be rewarded with BIGG Cash depending on the amount of rating they receive from the user (1 – 5 stars). These BIGG Cash are immediately transferred to BIGG merchant and user’s BIGG Wallet.

Step 4: BIGG Cash can be staked by the users or merchants in the Proof of Stake (PoS) Mining of BIGG Blockchain and will be rewarded with BIGG Cash as payment from the transaction fee.

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JUN 2018O�cial launch of BIGG World at Ra�es Town Club

2.2 THE BIGG ROADMAP

DEC 2017

JAN 2018

JUL 2018Our 2,000 user signed up on BIGG World

MAR 2018

JAN 2018

MAR 2018The maiden transaction on BIGG World

MAR 2018

JUL 2018

OCT 2018

SEPT 2018

DEC 2018Signing of MOU with Asia Combat Championship

Developed the framework of IEO and got approval from legal firm for passing framework as a Utility crypto-currency

Launch of BIGG World Website (Malaysia and Singapore)

Signing of MOU with Ibonus Ltd to be BIGG Cash’s payment solution

Conceptualisation of idea for BIGG World to solve the real world problem of review system

Launch of BIGG Cash at Concorde Hotel together with our BIGG Merchants

Launch of our 1st Multi Crypto-Currency ATM machine

Start of sales of BIGG Coupons and onboarding of merchants

Development of BIGG World's 020 marketplace that rewards everyone. Development of unique

reward algorithm that is in the process of patent

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MAR 2019

JUN 2019

SEPT 2019

OCT 2019SCF Phase 1 – Scoping and Development

AUG 2019

MAR 2019

AUG 2019Launch of IEO public sale

SEPT 2019

OCT 2019

NOV 2019

OCT 2019

NOV 2019Fantastic Duo 2nd Chapter

BIGGWORLD 1st year Birthday

HOMETEAMNS Festival

Fantastic Duo Concert

Wakin Chou Live in Penang 2019

DEC 2019Air Supply World Tour 2019

Launch of BIGG World’s revised website and Android Application

SCF Phase 2 – Rollout and commercialisation

Massive World Music Festival 2019 featuring top DJ Martin Garrix, MLTR, Jay Chou and other

ASEAN music superstars

Launch of BIGG Cash (BIGG) into exchanges

Signing of MOU with China Huahe Company for organic and fresh food in China supported by China Co-Op, China Lantian (Agriculture) and

China Agriculture

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DEC 2019

FEB 2020

NOV 2022The burning of the 20% of BIGG Cash kept in thereserve Vault

AUG 2020

DEC 2019

OCT 2020

OCT 2022

DEC 2022

Chinese New Year River Hong Bao

National Day Street Food Festival

Fantastic Duo 3rd Chapter

The complete decentralisation of BIGG Cash’s management

Launch of BIGG's Public Main Net solution to accommodate more nodes and trasactions per second at a lower transaction cost to benefit the

ecosystem

Asia Combat Championship maiden fight in SEA between top female MMA fighter from SEA against the top female MMA fighter in China. The top female MMA fighter will feature BIGG Cash

Jam Hslao World Tour 2019

MAR 2020i Light Singapore

NOV 2020Christmas Village Nee Ann City

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It is essential for BIGG to form the right partnerships that has synergistic value in stimulating further demand for BIGG Cash. This will stabilize the ecosystem for the long run as we then move into strategically decentralize operations, as planned for in the fourth year.

Three key pillars for partner selection are:- Technology Partners: Scaling up of fast and cheap transactions- Products Development Partners: Manufacturing of high demand, high margin products- Market Partners – Penetrating into new markets, communities

2.3 BIGG CASH BEYOND THE BIGG ECOSYSTEM

Ultimately, having key partnerships enables BIGG to gain fresh, deep and broad insights from a 360degree perspective on consumers and merchants in our growing BIGG community. This vicious cycle facilitates more e�cient targeted marketing at lower costs encourages our community of consumers’ to purchase personalized products recurrently at discounts, while our merchants’ enjoy increased sales tra�c and conversions. When this takes into e�ect, there is no stopping the demand for BIGG Cash from gaining sustainable upward momentum, onwards once critical mass is achieved.

1) Charity Partner

BIGG charity partner is Social Health Growth that is a registered Charity and IPC with the Ministry of Social and Family Development. SHG is a member of NCSS. To helping parents and disadvantaged families raise healthy and contributing children into members of society. The goals is

- To understand social inclusion and emphasize the significance of social belongingness.- To support and promote the physical and emotional health of individuals.- To provide financial literacy services

2) Products Development Partners

Everyone deserves better living at an a�ordable rate. BIGG is invested and focused on improving the healthcare and lifestyle space because the Proof of Transaction Rewards provides a credible rating mechanism that promotes trust of quality products at lower costs. BIGG World in partnership with our lifestyle products development partner Ark99, who will be developing the best ASEAN lifestyle products such as Civet co�ee from Indonesia, Tiger Milk Enzyme from Malaysia and other health and lifestyle products. With a high expectation in terms of delivery and quality, BIGG World will only source for the best quality items at an a�ordable pricing and all can be redeemed with BIGG Cash.

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3) Entertainment and Sports Partners

BIGG is the o�cial Singapore partner of WGW Entertainment to organise music events in South east Asia. Holders of BIGG Cash will be able to purchase and enjoy special discounts at our concerts with superstars like Jay Chou, Jolin Tsai, MLTR and DJ Martin Garrix concerts. This will further increase the utility value of BIGG Cash and accelerate the adoption and branding in ASEAN.

BIGG and JMY Capital and Entertainment will be organising MMA fights in 2020 curated by experts such as Carter Wong in the MMA industry. Media coverage will be widespread in Asia and China. These matches are poised to catch on the rising trend of MMA as a sport of the masses and further increase the adoption of BIGG Cash though sports.

BIGG welcomes like minded partners in sports, music and entertainment.

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4) BIGG China Partner - Hua He Company

Hua He Company is the online and retail supermarket providing safe and organic food for 1.5B chinese people. China’s food problem is the worsening of food safety with fake food, chemicals andpesticides. Recent cases of tainted milk, poisonous additives, fake meats and swine flu has rocked the government and country. Hua He Company is supported by China Co-op, one of the largest and most successful enterprises in China’s top 500 companies with assets over 100 billion RMB and China Lantian (Agriculture) that owns millions of hectares of farmland. The food industry in China is a 37 trillion RMB market.

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5) iBonus Prepaid Payments

iBonus Ltd has been leading cutting edge technology for cashless payment systems, starting with Octopus in Hong Kong and various implementation around the world including for UN food bank. iBonus owns the china patent for Near Field, Bluetooth Low Energy (BLE) mobile prepaid system, which allows for low maintenance cost and high security required especially for Crypto-currency transactions.

iBonus will be providing the groundbreaking technology exclusively for BIGG Cash,for a long term roll out solution. It is also proven to be superior technology and is able to scale fast at our merchant Point of Sales (POS) all over our South-East Asia footprint, at a fraction of the fees charged by Visa and Mastercard.

As this technology is also targeted for mass transportation commuters, it will enable BIGG to access the overlapping the commuters market share quickly. Through wallet interoperability, it allows for such commuters to become BIGG consumers, purchase at BIGG merchants and earn rewards the same.

InternetMobile Payment

Terminal

Payment ServerOffline / Transaction records

sent in a delay manner

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BIGGINFRASTRUCTURE03

3.1 THE BIGG BOARD ADVISORS

Ram Dharmaraj BBMChairmanExtensive experience in entrepreneurship, product innovation and strategic management in the FMCG industry in Asia Pacific and the Middle East. Currently active in co-founding and angel investor in green hydrogen, AI in behaviourial science, Hollywood movies and pro-ecology nail care ventures in the USA, Europe and Asia. Held senior positions in several companies before retiring from the corporate world. He continues to chair and play active role in school advisory committees, undergrad student mentorship and advising accelerator programs. National Day Honours 2017 recipient of Public Star Award, BBM, conferred by the President of Singapore for outstanding services to education.

Prof Alex Siow,Board Advisor, Blockchain and Infocomm TechnologyCurrent Professor in the School of Computing, NUS and director of advanced computing, strategic technology management institute and Center for Health Informatics. Former CIO of HDB, Starhub and President of Singapore Computer Society. He is one of the thought leaders of computing in Singapore

CPT (NS) Nicholas TanVice Chairman & Founder/CEOSelf driven entrepreneur and engineer with strong problem solving and business skills in Asia, China and Australia. He founded Bigg World, an online to o�ine rewards marketplace to help retailers create a sustainable ecosystem. He has over 20 years experience working with leading edge technology as an RSAF experimental flight test engineer graduating from USAF test pilot school. He was a recipient of MINDEF Defence Technology Prize (Team) and also accelerated by IBM Watsons Tag pass program in cognitive intelligence.

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Dato Seri Prof Dr Zahidul HaqueBoard Advisor, Community and Humanitarian EngagementDato'Seri.Prof.Dr.Zahid Haque is the Chancellor of the ASEAN University International and Professor of Medicine. Senior Advisor, Asia Pacific from World Sports Alliance (WSA,UN) Vice Chancellor of British American University, Malaysia. Advisor of International Board of Medicine & Surgery (IBMS) Prof.Dr.Zahid Haque was Awarded from di�erent Countries, The Royal palace of Malaysia, Indonesia, Philippines for his Humanitarian works in Home and Abroad. 

Dr. Anton RavindranBoard Advisor, Technology & Business StrategyFounder & CEO of RapidStart, GSTF ICT Training Pte Ltd and co Founder Asia Entrepreneurs Exchange. Co founder and former Group CEO of Genovate Pte Ltd (now know as Lithan) which under his leadership operated in 17 cities and 6 countries in Asia Pacific and won several awards including the Enterprise 50 award for 2 consecutive years in 2005 and 2006 where it was ranked as the fastest growing software company in Singapore. He held technical and managerial positions at IBM, Computer Associates, Sun Microsystems (Asia South), Oracle (Singapore) as well as Singalab (a former JV between National Computer Board of Singapore and IBM). As a technopreneur, he won the top Singapore entrepreneur award for two consecutive years in FY 2005 & FY2006. Also was the overall winner of the Singapore Indian Entrepreneur of the Year Award (SIEA) for large enterprise category in FY 2006.

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Akbar KaderBoard Advisor, Joint Venture PartnershipA trained civil engineer, he has been in business for more than 25 years with interest in construction, consultancy and investment. He is also very active in volunteering his services in various boards and councils for more than 30 years. Building partnerships is his passion.

Gary NicholsonBoard Advisor, Artificial Inteligence & Nuclear RoboticsPresently CEO & Founder of Q Technologies AI company based in Beijing. He has project managed and led 100’s of PhD programmers in security and AI applications. Was previously in Rolls Royce as Data Systems and Solutions Director located in UK and USA,responsible for managing highly sensitive databases for Missiles, NASA, Military Aircraft, Nuclear Submarines and Nuclear power plants and Robotics in UK. CEO of Pegasus USA with extensive experience in software applications using AI.

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Chief Strategy DirectorLynn Lee

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3.2 THE BIGG TEAM

Co-Founder, ChiefCommunity Director

Sam Renga Co-Founder,

Sales Director

Jay LeoChief Operations O�cer

Anessa B. Lee

Chief People O�cerNica Foo

Chief Compliance O�cerIvan Lae

Chief Finance O�cerMak Chi Shing

Chief Technology O�cerKhairul Hashim

Chief TrainerDr Jimmy Hoh

Chief Product O�cerDr Semine Ng

Business DevelopmentO�cer

Zacchaeus TowEntertainment Director

Hendrick Huang

Merchant Events DirectorTerence Huang

UI/UX DesignerFan Miao

BIGG Data ScientistChia Jie Ren

Sports O�cerChia Boon Leong

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Assistan Sports O�cerJohn Peh

Merchant DevelopmentLead

Colin Seet Community Development

Lead, Singapore

Jonathan LohCommunity Development

Lead, Malaysia

Victor Hew

Community DevelopmentLead, China

Daniel LeoStrategic CommunityEngagement Advisor

Albert GohASEAN Community

Advisor

Yong Chong SoonChina Advisor

Chen Liang Chao

Blockchain ProgrammerElmer Labandero

Assistant InvestmentAdvisor

Joween Lim Strategic Marketplace

Advisor

Tan Hai TatPayment Solution

Partner

Keith Lau

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BIGG Cash has been distributed to a group of users and merchants as rewards from the Proof of Transaction Rewards.

3.3 THE BIGG CASH SALE

Whitelisting: August 15th, 2018 9:00 AM SGT (Singapore time)

Public pre-sale phase 1: 15th Aug 2019, 75 million BIGG Cash

Ineligible countries to participate from BIGGCash.io: USA, China (www.�iae.com)

THE BIGG CASH IEO PUBLIC SALE PHASES

There will be 4 phases of BIGG Cash IEO public sale. The launch of each phase will coincide with the launch at 2 di�erent exchanges. The sale will last for a period of 6 days and there will be a vesting period of 1 year for the sale of BIGG Cash for private sales with partial release every 90 days. The vesting is done to ensure that there will be no arbitrage that takes place where the price of the BIGG Cash at the exchange is higher than the BIGG Cash sold via the public sale.

The estimated phases and the allocation of BIGG Cash for each phases

A) Private Sale, Aug 2019 – 75 million BIGG Cash B) Pre-Public Sale 15 Aug 19 to 1 Sept 2019 – 75 million BIGG Cash (USD 0.35 per token)C) Public Sale Sept 2019 - 75 million BIGG Cash (USD 0.40 per token)D) Listing Sept 2019 (USD 0.50 per token)

Circulation 750,000,000 BIGG Tokens

Decimal Places 8

Bigg Community 7300

Protocols Proof of Transaction Rewards – Write a Review

Typical Transaction Fee $0.20

1 BIGG Cash US Dollar Cost $0.50

Maximum public purchase US$1,000,000 worth of BIGG Cash

Collection of funds BTC, ETH, LTC

BIGG Cash Sign BIGG

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The below details out the proceeds distribution for continued growth and usage of BIGG Cash

38% Marketing and Promotions for merchant and user growth 15% Future product development 15% Salaries of team members / advisory board 10% Market expansion to UK, US and Australia 8% Lifestyle Product research and development 5% Mainnet development and migration cost 5% Regulatory and legal fees 3% BIGG - Ibonus Payment Readers Integration and Development 1% Asia Combat Championship

3.4 THE BIGG PROCEEDS DISTRIBUTION

Budget allocated according to the proceeds distribution, will be put under an escrow and managed by the Board of Trustees of BIGG.

The Board will be formed from the major buyers of this BIGG Cash sale and the representatives of the management of BIGG and core partners of BIGG.

In addition to being our escrow agents, the trustees will also be responsible for issuing an annual audit report, examining our progress, integrity and commitment to the core values.

The members of the Board will be announced before the public sale. They will perform their functions pro bono.

All promises in this whitepaper such as token allocation, proceeds distribution, vesting period of founders and team will be locked into a smart contract to safeguard the interest of buyers of this BIGG Cash sale. The github code will be available for public viewing and we will appoint a blockchain developer to sit on the board of trustees to hold BIGG accountable.

3.4 THE BIGG ACCOUNTABILITY AND GOVERNANCE

3% 1%

38%

15%15%

10%

8%

5%

5%

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3.5 THE BIGG CASH DISTRIBUTION

*Prior to full decentralization of BIGG Operations by the end of the 4th year, all remaining reserves in the vault will be proportionately distributed to existing BIGG Cash holders, resulting in higher BIGG Cash holdings and value for them.

TEAM 29%

RESERVE / VAULT

ANGELS 1%

BIGG WORLD ADOPTION 20%

20%

PRIVATE SALE

20%

10%

PUBLIC SALE

10%

1%20%

20%

29%

20%

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*This document is not an offer of securities or a collective investment scheme, nor does it require registration with or approval from the Monetary Authority of Singapore. Contributors are advised to read this document carefully in full, and perform due diligence.

BIGG Cash Pte Ltd

BIGG Cash (BIGG) Whitepaper