Blockchain Powered

Philanthropy Foundation White Paper, June 2018

Welcome Note “I wish we would do more to find a cure for Malaria and other infectious

diseases”

“I wish we have done more to help refugees find a better future!”

“I wonder why women everywhere are not yet allowed to vote/drive/watch soccer/go to school!"

"I wish people would stop getting sick by contaminated water and food sources!"

"I wonder why governments won’t do more to clean the atmosphere and stop carbon emission once and for all!”

“I wish we could do more to reduce inequality and empower the poorest!"

And more wonders and wishes, shared by millions of conscious people all around the world who have similar values and hopes, who not only care, but also have ideas and answers.

What if we could take those ideas and combine our collective knowledge in order to enable solutions?

Well, now we can! Philanthor is a philanthropy foundation, who’s sole mission is to enable public good, towards the goal of creating a better place to live in, for us and for the future generations of all the habitants of the planet.

Table of ContentsIntroduction 3

Philanthropy 3Philanthropy vs. Charity 4Why do we need Philanthropy ? 5Legacy Private Foundations 6

About Philnathor 7Philanthor as a Collective Mind 7Philanthropy over Blockchain 8Measuring Social Impact 9Crowd funding via Token Sale 10The PTH Token Sale 11

Token Economics 12Commitment to Philanthropy 13Token Allocation 14Usage of tokens 15Platform Eco-system 17CSR Market Place 16Members influence the choice of causes 18Selection of Causes 19Technology assisted decision process 20

How would the funds create impact? 21Impact Investments 22

Roadmap 23The Team 24Organization structure 29Glossary of Terms 30Risk, Warnings & Disclaimers 33

Philanthropy The word is a Greek term which directly translates to: “love of mankind”, while a more modern definition is: "private initiatives, for the public good” which combines an original humanistic tradition with a social scientific aspect. Philanthropy is basically an idea, or action that is done to better humanity and usually involves some sacrifice as opposed to being done for a profit motive. Acts of philanthropy include donating money to a charity, volunteering at a local shelter, or raising money for cancer research.

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Philanthropy vs. Charity Philanthropy has distinguishing characteristics separate from charity; not all types of charity are philanthropy, or vice versa, (though there is an overlap). The main difference is that charity aims to relieve the pain of a particular social problem, whereas philanthropy attempts to address the root cause of the problem. An example is the difference between sending pain killers to malaria patients which is charity, versus educating the public in affected areas or supporting medical research teams in finding a cure for malaria, which are philanthropy.

Photo credit: Room to Read

Why do we need Philanthropy ? Philanthropy foundations support projects and endeavours that may be too niche, unpopular or controversial to gain the widespread support of the general public or the government. For example the large pharmaceutical companies spend billions of dollars in R&D mostly for medicine that have vast commercial value but ignore niche illnesses that are less wide-spread or that particularly affect the poorest. As a result, thousands of medical research teams around the world struggle to fund their important work that combats infectious diseases. The same happens in other areas, including: renewable energy, education, gender equality, rights of minority groups and more. The progress of the human race, the saving of earth and our natural resources depend to a certain degree, on private foundations that are not seeking financial gains, but greater good.

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Photo credit: OIST research lab

Legacy Private Foundations For those seeking philanthropic flexibility and impact, the traditional vehicle of choice is a “Private Foundation”. With its unparalleled financial control, powerful tax advantages and the ability to perpetuate one’s family legacy, philanthropic families consider it the gold standard of charitable giving vehicles and is traditionally available only to high-net-worth families. We are going to disrupt that, reshape the future of philanthropy and make anyone a true philanthropist!

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Philanthor as a Collective Mind Philanthor is for like-minded people with shared beliefs, ideas and moral attitudes, who would like to improve life on earth. Together we’ll combine the things we care about as a collective intelligence, and focus it directly towards doing good for earth, humanity and future generations. Our collective intelligence, acting as a powerful unified collective mind, will strive to improve life on earth non-stop, continuously enabling long-term solutions, while instantly reacting to crises and emergencies. With blockchain at its core, Philanthor works towards fixing real-life problems. Our funds, aid, and resources flow gracefully between causes reflecting the wish of our member’s collective mind, without geographical boundaries, social or cultural biases.

Philanthropy over Blockchain Traditional Philanthropy is great but it possess fundamental problems. Philanthor with the use of Blockchain delivers a big promise to the future shape of philanthropic foundations:

1. The usage of crypto-currency eliminates (or reduces dramatically) crippling transaction costs, removing banks, agencies, and other middle man from the equations - we want the maximum funds to reach our supported causes.

2. Decentralised automation of decision making (DAO) - with Philanthor decisions are managed by the collective intelligence of potentially thousands of members, and governed by smart-contracts.

3. Complete transparency that builds trust and reduces waste of funds and effort. A big issue with traditional charities, but with blockchain all the transactions are visible and cannot be tampered with.

4. Access to massive crowd funding and global participation - thanks to ICO mechanisms we are able to reach anyone, anywhere and make a massive long-term impact.

5. Measuring impact - since the activity over blockchain is documented, measuring the impact of the foundation is achievable, which is a big problem in traditional philanthropy.

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Measuring Social Impact One of the biggest challenges in philanthropy work is measuring it’s impact. Many of the supported causes are not quantifiable in tangible metrics. For example, the impact of a student’s scholarship can be only measured over his lifetime of achievements, and a great amount of data and powerful analytics are required even to begin. Philanthor’s approach to this problem is on several different layers. As a start, our members have a real time view, on how their donations are disbursed, which causes they are helping and the immediate impact of their donation all through our real-time analytics insights dashboard. On the platform level, and by the nature of blockchain, the activity becomes transparent to the members, who can see movement of funds, and then thereafter it becomes tamper-proof as blockchain smart-contracts can never be changed or erased. Both the donors and the receivers have a clear visibility on how much funds are moved, to who and when, and this data accumulated over time helps in creating an impact index for a better and more scientific approach towards measuring the actual social impact.

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Crowd Funding via Token Sale The heart of our platform is essentially a private foundation structure, that can raise donations from the public or CSR (Corporate social responsibility) arms of companies, for charities, grants, and other causes. The fund raising takes place via a public token sale (also know as: ICO, Initial Coin Offerings or TDE, Token Distribution Event). In which the public is invited to donate funds in exchange for Philanthor’s tokens PTH. Our donors become members who define what kind of causes they wish to support, a process that creates a transparent and democratic system of rules that are set by the donors, but governed by machines (AI-DAO).

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Tokenomics

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The PTH Token Sale The donations would be collected through a token sale event, in which the general public would be invited to donate. We have created our own ERC20 utility token the PTH which will be issued to the donors in return for their contribution, at an exchange rate against the Ethereum crypto currency. The token sale is divided into several terms:1. Pre sale, June-September 2018 - for early adopters who

would receive a bonus of 50% of Tokens. During this period we’ll be raising up-to $2 million.

2. Public Crowd sale - opens in October 2018 in which we’ll be raising ~$20m.

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Pre Sale

> $2M

Tier Discount: 50%

Opens: June 2018

Crowd Sale - tier 1

0 - $5 M

Tier Discount: 35%

Crowd Sale - tier 2

$5m - $10m

Tier Discount: 30%

Crowd Sale - tier 3

$10m - $15m

Tier Discount: 20%

Crowd Sale - tier 4

$15m - $20m

Tier Discount: 10%

Philanthor’s Commitment to Philanthropy! We have specifically allocated and pre-distributed 100 million PTH tokens, with a value of $50m, into 5 fund wallets (research grants, social investments, emergency relief aid, charity & scholarships). 50% of the tokens sold during the Public Sale are directed to these 5 funds. Which means that Philanthor is committed to seed the funds with half of the money raised in its token sale and use it directly for Philanthropy activities.

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Token Allocation Total Token Supply: 2,000,000,000Tokens for sale: 700,000,000

Protocol: ERC20Symbol: PTH

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* Team - locked employees tokens; 30% allotment released 4 month after the Token sale event. And the rest are released pro-rated monthly over 2.5 years.

* * Unsold tokens - will be transferred to the charity fund.

Partners/Bounty2%

Advisors2%

Team10%

Philanthropy funds51%

Crowd Sale35%

Usage of Tokens We want to inspire people to make a difference in the world by actively engaging in philanthropic activities. Unlike traditional donations which are essentially a “gift and forget”, our PTH donation utility tokens are more than that, and provide the donors with the following benefits:1. Token holders will become members of our platform and

community and would be able to contribute knowledge, raise awareness to causes then vote and influence the type of causes we support.

2. Re-donation - at any point they can choose to give the Tokens back to their favourite non-profit/s or to a broad criteria of non-profits. The receiving non-profits can sell these tokens again to raise additional funds.

3. Marketplace - We expect corporation to join our community with donations through their Corporate Social Responsibility program (CSR), which may entitle our individual members with various benefits of goods and services donated by these companies, in the form of a token based commerce platform.

4. Members would also be able to use their tokens to introduce and create awareness for causes they are associated with their own community or workplace, and raise donations for these causes on the platform.

5. Tax deductions - subject to jurisdictions and local laws.

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Usage of Tokens

We trust that our token’s value would reflect the impact that our important community work is doing for a better world. And we believe that the crowd that contributes towards this shared goal, should benefit from the impact and help expand our reach to more members and more supported causes.

Donations will be distributed into different funds and causes based on the members choices.

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CSR Market Place Corporate social responsibility (CSR) has an estimated market value of nearly $35 billion worldwide. When corporate CSR donors join as members of Philanthor, they will them to be incentivised to donate goods and services to our private donors and non-profits.For this purpose the team is building an B2B2C marketplace, where PTH token holders (non-profits and private-donors) would be able to exchange PTH for goods and services. A few examples to illustrate the concept:

1. A university research team developing a vaccine, needs an expensive electron microscope. Companies like Siemens or Philips would ‘sell’ the microscope for PTH tokens and a discount, and expense it from their CSR budget.

2. An insurance company - like AXA/Allianz would offer health insurance policies to orphanage children, in exchange for PTH, and expense it from their CSR program budget.

3. In both case, the company donor can then donate these PTH tokens back to same orphanage or other charities of their choice.

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Philanthor’s Platform & Eco-System Philanthor platform creates a token-based eco-system of private donors and CSR who contribute to causes with shared goals, whether in fiat, crypto currency or good & services. The PTH token becomes a currency representation of collective ideas, that materialised over blockchain and smart contracts. For illustration:Professor Roberto Dillon is leading of a university research team who works on Virtual Reality (VR) aid to Alzheimer patients. He needs 12 VR sets for human trials, so he creates a grant request on the platform by contributing 1,000 PTH tokens towards the project. Philanthor’s Grant fund has members who have indicated interested in Alzheimer resrach, so Philanthor contributes an additional 10,000 PTH. The project is then listed on the market place, and companies producing VR headsets can join and accept the PTH tokens as payment, expensed from their CSR budget. Not only they get to donate, they all get to support the use of their product beyond gaming into professional and health research areas, align with their social values. Not only that, but the donating company now has a wallet with PTH tokens that they can use to sponsor future project or simply choose to donate them back.

Member’s choice of Causes Each member is invited to create a philanthropist profile, where he indicates the type of causes he would like to support. The categories are divided into several sections: Geography, Demography and Causes, members can also suggest new categories that are close to their heart. Members can also initiate a new philanthropy causes, or grant request. Insights and analytics dashboard give a real-time overview of the projects, funding and impact.

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Selection of Causes A Cause could be a charity, a student seeking a scholarship, a Universtiy research team seeking a grant etc… Causes are selected by our platform and team after a due diligence and vetting process.The selection process consists upon an automatic AI based processing and a human part as follows:1. Each person seeking aid, grant or scholarship, will go

through a KYC and identity verification to prevent fraud, and then our AI based video technology would screen a short video interview, and categorise it based on topics, demography, geography, size of grant requested and more criteria.

2. The algorithm then takes into account whether the category of the cause matches our members interest in this type of cause, this process is governed by smart-contracts.

3. Only then, the shortlisted of grant applications, arrived at our human committee for final approval, This process allows them to focus on the best candidates rather than vet through thousands of less relevant applications.

Our process would allow us to select the best grant receivers out of a large pool of applicants with a small and efficient team.

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Technology Assisted Decision Making In order to keep the team small and agile, and the operating costs and administrative fees low, we are empowering technology to help in screening and vetting grants and scholarship applications. Over the past 18 month, our team was busy developing an AI based screening technology and algorithms that validates people’s integrity and reduces fraud. We have developed two main modules: 1. KYC module (know-your-customer) to verify the identity of applicants and reduce fraud, which includes machine vision document understanding and face recognition.2. AI based Video analytics - that takes videos submitted by grant applications, analyses the words spoken using speech to text & NLP (natural language processing) to automatically categorise the person’s needs and fit to our criteria, and validates his integrity and identity using biometric and cyber forensics.

With these two technologies we are able to automatically screen vast amounts of grant and scholarship applications, to shortlist the best and most suitable ones.

How would the Funds Create Impact? We will carry out our philanthropy by giving grants to recognised public charities including educational, scientific and cultural institutions; poverty relief agencies. We would also provide scholarships and give grants directly to individuals for hardship, emergency assistance and medical distress as long as they meet recognised charity criteria.

We will distribute the funds in the following areas over a period of 3 years:

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Admin10%

Scholarships10%

Charity10%

Emergency relief15% Impact investments

25%

Research Grants30%

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Impact Investments We can save lives by delivering the latest in science and technology to those with the greatest needs.Private Foundations can invest in nearly any type of assets, and foundation managers can follow any investment strategy as they follow the prudent investor rules.Our impact investment would focus on venture philanthropy in start-ups whose core business is in social good and related technologies, such as medical-tech, clean-tech, green-tech, food technology, education and more…

The returns from the investments go back to Philanthor’s Foundation as a revenue channel for the

continuity of its work.

Roadmap 2017

Q1• Conceptualisation • Team is awarded the: French Tech

Ticket award for its technology development (Bynariu project)

• Team is awarded a grant by BPI FranceQ2-Q4

• R&D Started• Development of KYC platform• Development of Document

verification system• Implementation of a AI & machine

learning platform for user verification.

2018

Q1• Development of an AI based Video

analytics platform.

Q2• First version of white paper is

released• Launch of Website• Launch of Token Pre-Sale

Q3• Continue Token pre-sale• Development of Blockchain smart

contract donations distribution platform

• Release Member’s console MVPQ4

• Launch of Token Crowd Sale• Begin distributing donations and

investments in social impact causes• Engage Corporate CSR donnors

2019 - 2020

• Focus on philanthropy activities:• Selection of causes• Distribution of donations

• Continue development work on the technology and platform.

The Team

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Shlomit Saar Cohen, Chief Philanthropy Officer & CMO

Shlomit has over 20 years of tech, marketing & general management experience. She is a member of UNIFEM (UN for Woman), AWARE, and a consultant at A c t i o n f o r A I D S i n Singapore. Shlomit worked at Steven Spielberg’s history v i s u a l f o u n d a t i o n f o r holocaust survivors, and

was formerly an advisor at the “Mental Health First Aid” organization. Shlomit holds a Master degree in China Business and Economy from the Nanyang Technology Universtiy in Singapore and a Bachelor in Behavioural Sciences and Psychology from the Ben Gurion University in Israel. Shlomit is based in Paris France.

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Ori Cohen, Chief Venture Philanthropy & CEO

O r i h a s o v e r 2 0 y e a r s t e c h e x p e r i e n c e . H e i s a s e r i a l entrepreneur, with venture capital experience who founded several tech startups and is experienced in the areas of cyber-security, health-tech, machine vision, AI & Blockchain. Over the past 2 decades Ori has advised and mentored dozens of startups and

entrepreneurial teams in the areas of health technologies, education-tech, agricultural-tech and other social impact related technologies. Ori holds a B.A in Computer Sciences from the IDC in Israel, and an MBA from the University of Chicago Booth School of Business and is based in Paris France.

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Ofer Tal, Chief Technology Officer

Ofer has over 20 years R&D experience, with a long and proven entrepreneurial track record. Ofer has held senior VP of R&D positions in several Silicon Valley based c o m p a n i e s a n d h a s extensive experience in enterprise tech, fintech, d a t a - m i n i n g , N a t u r a l Language Processing and blockchain. Ofer has been

sharing his passion for technology and inspiring young children to learn programming skills as a volunteer teacher running a 4th/5th grade coding elective at Christa McAuliffe public school and as a volunteer mentor at CoderDojo Silicon Valley. Ofer also leads and organizes youth activities as a volunteer at the Northwest Silicon Valley YMCA Adventure Guides program. Ofer holds a B.S. from the Technion in Israel and is based in the Silicon Valley, California, USA.

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Advisory Board

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We have teamed up with a group of world renowned experts in their respected fields, including education, economy, science,

agriculture, health and immunology and more, to work with us in social areas which need urgent attention.

Professor Michael Gibbs studies the economics of human resources and organizational design. He is co-author of the leading textbook in the field, Personnel Economics in Practice. Gibbs's research has been published in the Quarterly Journal of Economics, Review of Economics & Statistics, Industrial & Labor Relations Review, Accounting Review, and other journals. Professor Gibbs is a Research Fellow of the Center for the Study of Labor

(IZA) and the Institute for Compensation Studies. From 2012-2015, he was Faculty Director of Booth’s Executive MBA program. In 2007 Gibbs received the Notable Contribution to Management Accounting Literature from the American Accounting Association. He has received three Hillel Einhorn Excellence in Teaching Awards. Gibbs earned an AB, AM and PhD in economics, all from the University of Chicago.

Mordechai (Kedmon) Cohen, PhD, a world-renowned specialist in water and agricultural technology. Former Director General of The Ministry of Agriculture and Rural Development of Israel. Prior to that Chairman and CEO of the Plant Marketing and Production Board. He has also served as Minister (Attaché) for Agriculture and Science at the Embassy of Israel in Washington, D.C., USA. Dr. Cohen earned a

PHD from the Technion and an MBA in Finance from the Hebrew University.

Professor Roberto Dillon Associate Professor at James Cook University where he teaches game design subjects to both undergraduate and graduate students, Roberto is researching the usage of virtual reality technologies for health applications specifically the Alzheimer disease.

Advisory Board

Ann Burgraff Rowell, Dynamic, data-driven marketing professional with 20+ years of experience in enterprise software, digital marketing and analytics. Successful track record in both large and small companies driving exceptional growth thru effective go-to-market strategy, planning and execution. Ann is at Qlik where she heads APAC Marketing and she is a mentor at NUS Enterprise

Singapore, Before Qlik Ann was the VP Marketing at Double-Click (Google), VP Global Marketing at Sales Force, Singapore. Ann is the co-founder of Room to Read Singapore.

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Advisory Board

Jordi Esparza, PhD Biologist and industrial biotechnologist dedicated to the conception and development of analytical methods to support manufacturing of biopharmaceutical medicines. Jordi is a major contributor to the fields of inflammation, immunoregulation, and neglected infectious diseases. Jordi led global multidisciplinary research teams in

some of the major and most respected drug makers in Europe, USA and Asia. Jordi is the head of Analytical Development in Takeda Pharmaceutical, and currently he is developing innovative vaccines that are designed to tackle some of the toughest challenges in public health.

Jonathan Lloyd, A Power Generation expert with 25 years of experience in the Sector. Starting his career as a research engineer to significantly reduce emissions in turbines, he has since held senior Strategic Marketing positions within blue-chip corporations including ABB, Alstom and Sulzer covering areas such as Market Analysis, M&A, Business Development and Product Management.

Additionally he has lead large P&L businesses for Power Generation products and been on executive committees of several Joint Ventures. He holds a Masters in Thermodynamic Engineering and an MBA from the University of Chicago Booth School of Business (USA). Originally from the UK he now lives with his family in Switzerland.

Pierre Courteille, over 20 years experience in marketing and sales within the pharmaceutical industry in France and Japan. Pierre holds a pharmacy degree and MBA from Chicago Booth University (USA). At Sanofi-Pasteur Japan, and Daiichi, Pierre was in charge of the pre-launch activities of HIB/meningitis and IPV/polio vaccines. In early 2005, he became the President of Guerbet Japan and VP for Guerbet Asia. He successfully managed the roll-out of

its Japanese subsidiary and led the development of other branches in Asia. From 2009, Pierre served as VP Sales for Asia, Latin America and EMEA and met the ambitious objective of optimising commercial performance across these 3 regions. Prior to joining ABIVAX as Chief Commercial Officer (CCO) & VP Business Development, Pierre was Senior VP sales and marketing for Guerbet and CEO of MEDEX (medical devices company owned by Guerbet) from 2012.  Pierre is the Vice-President and treasurer of the French Biotech Board.

Advisory Board

Susanna Hasenoehrl, Susanna Hasenoehrl is the founder of Joice, an evidence-based personalised nutrition recommendation company, and Global Partnership Director at Healint, the developer of the world’s largest migraine tracking and research platform. A tech enabler of a healthy lifestyle, Susanna’s ultimate mission is to put an end to childhood obesity, convert people at risk to adopt healthier habits sustainably and

get rid of plastic in the oceans. Groomed in the global technology industry between Europe and Asia, Susanna bridges between corporations and startups. Driving sales, business and product development (formerly Siemens & Nokia), she achieved 100 million Euro in annual revenue with her team. What matters to her most though are personal relationships, accountability and impact. Susanna is fluent in five languages, and has Master in International Business from the University of Innsbruck, Austria and SKEMA, France. Originally from Finland, she lives in Singapore with her family.

Organization Structure Philanthor is the Private Foundation of V6 Ventures LLC a company registered in Delaware, USA. After the pre-sale phase V6 may register Philanthor as a Foundation in additional countries including France and/or the USA.

Why France? Our team was invite by the French Government to develop our Bynariu AI technologies in France, under the French Tech and French Tech Ticket initiative, along with a grant by BPI, a French government development bank.

France a lively eco-system of startups and investors, and is located in the center of western-Europe at the heart of the European Union and has deep roots in philanthropy heritage and foundations. In the early 2018 France has taken a positive step to embraced ICO activities in the country. France’s finance minister Bruno Le Maire said that “France has every interest in becoming the first major financial center to propose an ad hoc legislative framework for companies making an initial coin offering.”(source: https://www.ccn.com/frances-finance-minister-plans-ico-regulations-in-bid-to-attract-crypto-startups/)

Glossary of Terms Blockchain is a decentralised, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed.

Smart Contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. Various cryptocurrencies have implemented types of smart contracts.

Cryptocurrency a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

ERC20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. ERC stands for Ethereum Request for Comment, and 20 is the number that was assigned to this request.

ICO An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin or Ethereum.

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Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies.

Wallet stores the public and private keys which can be used to receive or spend the cryptocurrency. A wallet can contain multiple public and private key pairs.

Private Key is a tiny bit of code that is paired with a public key to set off algorithms for text encryption and decryption. It is created as part of public key cryptography during asymmetric-key encryption and used to decrypt and transform a message to a readable format. Public and private keys are paired for secure communication

Public keys a cryptographic key that can be obtained and used by anyone to encrypt messages intended for a particular recipient, such that the encrypted messages can be deciphered only by using a second key that is known only to the recipient (the private key).

Whitepaper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.

Due diligence reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something. And/or a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential.

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Utility token a digital token of cryptocurrency that is issued in order to fund development of the cryptocurrency and that can be later used to purchase a good or service offered by the issuer of the cryptocurrency.

Solidity is a contract-oriented programming language for writing smart contracts. It is used for implementing smart contracts on various blockchain platforms.

ethereum virtual machine (EVM) is the runtime environment for smart contracts in Ethereum. It is a 256-bit register stack, designed to run the same code exactly as intended.

The platform refers to the Philanthor’s ecosystem, software, databases or solutions that make up Philanthor and is user interface and backend.

KYC is the process of a business identifying and verifying the identity of its clients. The term is also used to refer to the bank and anti-money laundering regulations that governs these activities.

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Risks, Warnings & Disclaimers General The information in this White Paper is subject to change or update and should not be construed as a commitment, promise or guarantee by V6 Ventures LLC, Philanthor, or any other individual or organization mentioned in this white paper relating to the future availability of services related to the use of the tokens or to their future performance or value. The document does not constitute an offer or solicitation to sell shares or tokens. It does not constitute or form part of and should not be construed as any offer for sale or subscription of or any invitation to buy or subscribe for any tokens not should it or any part of it form the basis of or be relied upon in any connection with any contract or commitment whatsoever. V6 Ventures LLC expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in the white paper, any error, omission or inaccuracy in any such information or any action resulting therefrom.

This Whitepaper outlines the current proposition and plans of Phlianthor. Phlianthor will always have the right and discretion to change plans at any time based on factors, which may be within or outside the scope of Phlianthor control. Prospective Phlianthor Token holders must not construe the contents of this Whitepaper or any prior or subsequent communications relating to this Whitepaper as investment, legal, accounting, regulatory, or tax advice. Prior to undertaking any financial commitment to buy Phlianthor tokens, the prospective Phlianthor Token holder should seek independent advice, which is given in the knowledge of their particular circumstances. This document does not constitute a prospectus, an offer or an invitation to subscribe for securities or a recommendation in relation to securities. Phlianthor does not believe that Phlianthor Token are securities but are a platform donation utility token that can be used in one of the ways outlined in this Whitepaper. It is the responsibility of the prospective Philanthor

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Token holder to be satisfied that the purchase of Philanthor's Token does not contravene any legal requirement or prohibition within their own jurisdiction. Philanthor's Tokens will not be sold to purchasers in certain jurisdictions in which Philanthor believes that the sale of Philanthor's Tokens would contravene the law in such jurisdiction. Such refusal to sell does not constitute an admission that Philanthor's is engaging in any unlawful or illegal activity. Philanthor's Tokens or the native fiat backed that are dedicated to the platform for philanthropy work may not be sold or traded. To be sold or traded, they will not be on the platform. The purchase of Philanthor's Tokens will not entitle the purchaser to any interest in Philanthor, or any investment vehicle, whether by way of shares or other securities, nor any right to influence the management of Philanthor, or any investment vehicle, whether by way of the exercise of voting rights or in any other way.

Risk factors Blockchain or distributed ledger technology is emerging technology with substantial potential but very little track record. Cryptocurrency, into which category Philanthor's Tokens and Philanthor fall has been highly volatile. Ownership of Cryptocurrency and its deposit in a wallet enjoys no form of guarantee or compensatory process. In the event of high volatility, technological breakdown or breach of security you are at risk of losing the entirety of your Philanthor Token purchase. No purchaser of Philanthor's Tokens no matter how they are used within Philanthor should make a financial commitment in purchasing tokens that they cannot afford to lose. The types of project into which Philanthor will invest are, by their nature, also high risk. Such risk is likely to be compounded if the projects themselves are reliant on or engaged in distributed ledger technology and/or Cryptocurrency. Philanthor will always maintain monitoring rights over projects into which it supports or invests and will seek to ensure that such projects are managed in good faith. However, Philanthor will not be directly involved in the management of any such projects and cannot guarantee that the management team of any individual project will not abuse their position of trust to the detriment of Philanthor or manifest weaknesses in their own abilities which damage the viability of the project and, by extension, Philanthor's stake in it. The types of project into which Philanthor may invest are likely to be cutting edge projects involving investment into markets and technology which is not tried and tested, and which success

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may go to the business which is first to market. There is obviously no guarantee that in such a case which competing business will be first to market.

Participants should also be aware of the risks that: Insufficient funds are raised in the ICO to develop the platform to the standard outlined in this Whitepaper;

Unregulated Space Most ICOs are not regulated by the FCA and many are based overseas.

No Investor Protection You are extremely unlikely to have access to EU regulatory protections like the Financial Services Compensation Scheme or the Financial Ombudsman Service. The issuance of the Philanthor’s token is outside the scope of the United States regulatory regime. As such the purchaser understands that it will not benefit from the protections that would otherwise apply.

Price Volatility Like cryptocurrencies in general, the value of a token may be extremely volatile - vulnerable to dramatic changes. Any Interested Party will be responsible for conducting their own investigations and analysis. Neither V6 Ventures, Philanthor, nor any of their respective representatives makes any representation, warranty or guaranty of any kind, express or implied, as to the accuracy, completeness or reasonableness of the information contained herein or any other written or oral communication transmitted or made available to any Interested Party. V6 Ventures LLC, and their respective affiliates expressly disclaims any and all liability based on or arising from, in whole or in part, such information, errors therein or omission there from. Only those representations and warranties that are made in a definitive written agreement relating to a transaction, when and if executed, and subject to any limitations and restrictions as may be specified in such definitive agreement, shall have any legal effect. Projections, pro forma financials and other forward‐looking information contained in this Presentation, including all statements of opinion and/or belief, are based on a variety of estimates and assumptions, including, among others, market analysis, estimates and similar information. These estimates and assumptions are inherently uncertain and are subject to

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numerous business, industry, market, regulatory, competitive and financial risks. There can be no assurance that the assumptions made in connection with the projections will prove accurate, and actual results may differ materially, including the possibility that an investor may lose some or all of its invested capital.

INADEQUATE DOCUMENTATION Instead of a regulated prospectus, ICOs usually only provide a “Whitepaper”. An ICO Whitepaper might be unbalanced, incomplete or misleading. A sophisticated technical understanding is needed to fully understand the tokens’ characteristics and risks.

EARLY STAGE PROJECTS Typically ICO projects are in a very early stage of development and their business models are experimental. There is a good chance of losing your whole stake. We have mitigated these risks by complying with regulation and received legal advice to this effect. Some of these risks such as price volatility are inherent to all ICOs. Our aim is to be as transparent as possible to give token purchasers all relevant information.

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www.philanthor.com

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