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Page 1: WHITE PAPER - JGXcoin · territory, was the central location in Silk Road in the past, serving as the main bridgehead connecting the Eurasian continent. It is also a member of the

WHITE PAPERVersion. 18.12

Page 2: WHITE PAPER - JGXcoin · territory, was the central location in Silk Road in the past, serving as the main bridgehead connecting the Eurasian continent. It is also a member of the

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INDEX

1. Abstract

2. JGX Coin

2.1 JGX Coin

2.2 JGX Coin Vision

2.3 JGX Market Background

3. JGX Ecosystem

3.1 Definition of Coin Ecosystem

3.2 Coin of Exchange Platform

3.3 Business Model

4. Marketing Strategy

4.1 Increasing Continuous Value Strategy

4.2 Benefits for JGX Users of JGX Exchange Platform

4.3 Marketing Strategy Map

5. JGX Technical Stack

6. Roadmap&Plan

6.1 Roadmap

6.2 Token Sale Plan

7. JGX Formation

7.1 Foundation&Company

7.2 Exchange Platform

7.3 Consortium

8. JGX Team

8.1 Executive Team

8.2 Technology Team

8.3 Advisors

8.4 Partners

9. Disclaimer

10. Appendix

10.1 Arrangement of Terms

10.2 Reference

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1. Abstract

Now is the most adventurous timing for global finance and IT industries. New

technologies such as Blockchain and Cryptocurrency offer countless opportunities

to lead us all to the next level of revolution.

JGX Coin is a cryptocurrency for the G-Plex platform that uses smart contracts

to secure clear transactions with Blockchains. It performs the essential function

of currencies in versatility and strong business profit model.

We have led G-Plex, a legitimate, sustainable and profitable platform. To enjoy

and pay in this platform, users will need JGX Coin token.

JGX Coin's ICO will enable the development of the JGX Coin platform

network. And it will bring a extensive vision for industries around the world.

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2. JGX Coin

2.1 JGX Coin

JGX Coin has been developed to be a main coin of global Exchanges

such as Philippines, Thailand, Myanmar, Laos, Cambodia of southeast Asia

region, Dubai and the Uzbekistan.

However, JGX does not aim to be satisfied with the coin’s ability to trade

key currencies or other alt-coins, but JGX also possesses its’ unique and

powerful platform of ‘versatility’ and ‘profit model’.

JGX Coin has been developed as a coin that secures users based on

‘media contents’, and has a powerful ‘lifestyle platform(G-Plex)’ that enables

the secured users to watch, enjoy, eat, and appreciate their leisure activities,

and enhance their loyalty who have experienced this platform once by

keeping JGX Coin or by receiving compensation with simple activities,

leading a new coin paradigm that makes the users to stay in G-Plex's

ecosystem.

2.2 JGX Vision

Most coins are concerned about which competitiveness to develop in

order to survive in the coin’s ecosystem. So various coin companies develop

a lot of technical features and solutions to be ahead of the game, and also

to have a stand-out feature to their system.

However, JGX has created an environment which is the Exchange by itself

that underpins the ecosystem called coin and by constructing the

accompanying infrastructure. JGX will play a pivotal role in the environment

where the coins that constitute the ecosystem and the users can live

together organically.

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2.3 JGX Market Background

JGX has a strong presence in emerging markets that pursue industrial and

economic development policies, attracts foreign investment, capital, and

infrastructure in Central and Southeast Asia. JGX is planning and executing to

advance and commercialize the G-Plex Platform with a strategy to preoccupy

these emerging markets faster than anyone else.

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1) Southeast Asia

Philippines, Thailand, Myanmar, Laos, Cambodia, Vietnam, Philippines, Malaysia,

Singapore

Southeast Asia, which has a total population of 650 million on 5,000,000 ㎢

of territory, is an economic territory with 2 trillion and 400 billion dollars of

GDP. With continuous investment in trade and expansion of domestic markets,

the region shows a growth rate of 5% per annum since 2003, and we

anticipate an annual growth rate of 5% in the future.

As a geographic center of Southeast Asia, as well as a center of culture and

trade, Thailand leads Southeast Asia in cultural and trade terms and has great

influence on neighboring countries. It is also an important starting point for

businesses entering Southeast Asia as it builds the most reliable international

business infrastructure.

Myanmar, which the UK used as their advancement base into Asia in 1885,

remained an authoritarian regime until 1988 when it was transformed to a

market economy and a democratic government in 2011, to present itself as a

new emerging market. As Warren Buffett calls it "the last remaining blue ocean

in Southeast Asia," Myanmar is rich in natural resources and has a high

potential to develop into a strong economy in the future.

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2) Central Asia

Uzbekistan, Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan

Central Asia, which has a total population of 70 million on 7,000,000 ㎢ of

territory, was the central location in Silk Road in the past, serving as the main

bridgehead connecting the Eurasian continent. It is also a member of the

Commonwealth of Independent States (CIS), which carries out significant amount

of control on entry, and is known to possess abundant natural resources such

as crude oil and natural gas.

Uzbekistan has opened its door to the world with the inauguration of a new

President Shavkat Mirziyoyev in 2016 and with the policy of revitalizing the

industrial economy. The growth rate of the economy will gradually increase

through the promotion of foreign trade investment and expansion of domestic

markets. Also, due to the aggressive strategy of the new President, Uzbekistan

is implementing an industrial support policy to make the country the hub and

mecca of the Blockchain industry.

Kazakhstan is the country with the best international business environment

among Central Asian countries and has a strong international interest due to a

well-developed IT industry. Building industrial infrastructure to take advantage of

large territories and natural resources is of paramount concern.

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3. JGX Ecosystem

3.1 Definition of Coin Ecosystem

What does the word "ecosystem" in nature conjure up? Humans artificially

create safaris to study nature's ecosystems, create nature there, collect

carnivores such as lions and tigers with strong powers, and herbivores such

as deer and rabbit. We also create an artificial safari. However, no one calls

this safari an ecosystem.

In order for an ecosystem to be created, an environment for living

creatures of the ecosystem must exist. Strong animals lead the ecosystem

and order is established through repetitive competition and cooperation

among the animals.

The same can be said with the ecosystem of coins. Once the coins are

settled down under the structure ”the Exchange”, the users also naturally

follow up into the ecosystem. Good coins are frequently selected and

utilized by users and their value increases as a consequence, while coins

that are not selected by users are removed from the ecosystem.

For example, let's assume that we are building a new urban ecosystem.

When a government wants to build a new city, the foremost thing is to

build the infrastructure to build the new city on, construction of roads,

power generators, communication networks and residential areas fall under

the category of the infrastructure. If the infrastructure market has been

prepared with detailed forecasts and plans to let users use them safely and

conveniently from the beginning as planned, not a spontaneous growing

city, the city will naturally attract users and the consumer industry will

develop through population increase, and various contents will come in, and

create a new ecosystem.

The JGX Foundation has created the basic infrastructure to create a coin

ecosystem, a platform of Exchanges, with thorough planning and have

constructed the main coin JGX to be traded here.

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3.2 Coin of Exchange Platform

Typical Exchange Coins that are commonly used are BNB of ‘Binance’, HT

of ‘Huobi’, BIX of ‘Bibox’, OKB of ‘OK’, CONI of ‘Coinbene’, and KCS of

‘Kucoin’.

These Exchanges coins offer a business model based on the concept of

dividend, company profits, and various benefits such as commission

discounts, so the users prefer the Exchanges with their own coins. In

addition, the number of users who buy in-house coins increases on the

Exchange, so the amount of transactions increases and the value of the

coins increases.

The JGX Coin will be used as the main coin from at least six to ten

cryptocurrency exchanges in the future and will benefit from mutual benefits

between Exchanges and Coins due to the various benefits offered to coin

users of JGX. The increase in the value of the JGX Coin will be a natural

consequence.

In addition, JGX Coins has various and powerful business models and

profit models that are already developed and are in business such as ‘JGX

Media Center G-Plex’, ‘JGX Multi-Pop Street G-Plex Pop Street’, ‘JGX Online

Shopping Mall G-Plex Mall’, ‘JGX Home Shopping Integration Platform G-Plex

HomeShopping’, ‘JGX Mobile IPTV Integration Platform G-Plex TV’, and ‘JGX

Logistics/Shipping/Delivery G-Plex Logistics’.

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3.3 Business Model

The business models of JGX are carried out through each 'Integration

Platform’. All users of JGX's differentiated and powerful platforms are

required to purchase JGX Coins from the JGX Exchanges to transact them

into the JGX Cash.

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1) JGX Media Center, G-Plex

JGX Media Center is a complex cultural content space that combines broadcasting,

entertainment, and media.

Starting with the Flagship Center in Korea, JGX Media Center, G-Plex will be

established in Shanghai, Beijing, Thailand, Myanmar, Uzbekistan, Australia and

Melbourne New Town to produce and send out all JGX media contents, and it will

become a cultural content factory representing the country in collaboration with all

JGX related entertainment companies, media partners and distribution partners.

Korea's No. 1 JGX Media Center is located in Seoul's Ewha Womans University

Station and will be established in a total of 11 floors, about 2.50 hectares. There is

an outdoor performance hall that can accommodate up to 1,000 people, providing

space that can be used for various events and performances. Currently, the Media

Façade of G-Smatt Global is installed on the building’s outer wall with 3 billion

KRW($2,500,000USD) investment in construction cost. You will be able to see all the

events and performances that will be conducted with partners in a lively manner in

the future. Construction work for the first to third floors has been completed with a

total construction cost of 9 billion KRW($7,500,000USD) and is partially operated as

'Urban Alice'. The first floor is a musee café lounge with a gallery, the second floor

is a private restaurant Foret with a bakery, and the third floor is a library with a

book cafe, a private study room and a studio. Construction of all floors will be

finished by March 2019, waiting for a grand opening.

JGX Media Center will be composed of G-Plex TV open studio, broadcasting

production room, one-person media and home shopping broadcasting station for

such Influencers as YouTuber and Wang Hong. Entertainment partners of JGX will

create jointly various events and performances here. The "2018 All Together Asia

Awards Party" was held on July 2, 2018, and the "2018 Russia World Cup Street

Cheering Exhibition" was held on June 17 and 18. In the future, it will be renewed

as JGX Media Center, and more cultural contents will be performed. They will be

broadcasted in about 20 countries simultaneously through G-Plex TV.

In addition, all technical research and training related to the Blockchain will be

carried out at the GX Blockchain R&D Center and Academy, which will be promoted

to the public through the media.

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[Image of JGX Media Center, G-Plex]

[Floor Plan of JGX Media Center, G-Plex]

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[Technical actual application example of G-Plex Multi Pop Street]

2) JGX Multi Pop Street, G-Plex Pop Street

JGX's Multi Pop Street is a new business model that creates new added values

through various contents and media channels that JGX has, utilizing architecture

technology of G-Glass and G-Tainer of G-Smatt Global, the wholesale distributorship

of which is owned by JGX for the markets of Southeast Asia, Central Asia, and

Australia.

G-Smart Global, a business partner of JGX, is a listed company on KOSDAQ that

has a global patent of G-GLASS TECH. It was recognized in the global market for

its future value as it has been listed on KOSDAQ based on the recognition of its

technology patents and marketing power of G-Glass. G-Glass and G-Tainer will be

used for all broadcasting sites, performances, and music videos which will be

produced by participation of JGX together with the 'Media Façade' applied to

buildings.

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JGX will construct JGX Multi Pop Street utilizing G-Tainer that can be easily

assembled and installed, recycled anytime, and is economic as its construction

period is short in such countries as Myanmar, Cambodia, Laos, and Uzbekistan,

which are emerging as new blue oceans due to the recent wave of democratization

and openness. JGX will install complex cultural spaces where performances, parties,

and shopping would be possible 365 days a year.

At present, there is a cultural space called Common Ground in Seongsu-dong and

Seoul Forest of Seoul where Kolon Corporation collaborated.

The complex cultural space was set up within 28 days using 200 containers,

encompassing the entire range of construction including site re-construction,

container building, installation of electric and water facilities and interiors.

JGX's G-Plex Pop Street will capture JGX users as a new cultural content space in

developing countries where content is still lacking.

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3) JGX Mobile IPTV Integration Platform, G-Plex TV

JGX’s mobile IPTV integration platform is a wireless Internet based video

streaming application that was developed as a platform to watch all terrestrial

broadcasts, cable broadcasts, broadcast VODs, movies, sports and news on one

platform, including ‘Oksusu TV’ of SK Telecom, ‘Olleh TV’ of KT Telecom, and

‘POOQ’ of 3 terrestrial broadcasting companies of KBS, MBC, and SBS.

JGX's technical team is currently developing the G-Plex TV platform with SK

Broadband's chief development officer and his team at the time of developing the

Oksusu TV. When this platform is completed, we will export the G-Plex TV platform

to Southeast Asian markets, and plan to install various local contents and Korean

contents on it.

JGX will develop platforms on all business models, prepare reasonable models

that will localize and present all contents to be posted on this platform, and we

will be targeting the Southeast Asian and Central Asian blue ocean markets where

this infrastructure has not been constructed yet.

[Example of G-Plex TV]

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[Example of G-Plex HomeShopping Platform]

4) JGX Home Shopping Integration Platform, G-Ples Home Shopping

JGX Home Shopping Integration Platform is a mobile home shopping portal

application developed for viewing all home shopping channels at once.

JGX is planning to develop a home shopping integration platform like 'Home

Shopping Mall' which GS Home Shopping in Korea is currently pursuing as a

monopoly business, and to develop a mobile platform optimized for emerging

markets such as Southeast Asia and Central Asia. We have a plan to export the

integration platform to emerging markets, sell local products, and sell home

shopping products with excellent visual and promotional marketing materials made

in Korea in local languages.

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5) JGX Online Shopping Mall, G-Plex Mall

G-Plex Mall, a JGX online shopping mall, will be a new Amazon in Asia with a

variety of Korean-language content targeted for emerging markets in Southeast Asia

and Central Asia, where many consumer goods are scarce. GK Mall, which was

already targeting the Chinese market, has been renewed and is finished with the

optimized product composition for the developing countries market. Currently, there

are more than 10,000 SKU (Stock Keeping Unit) in 7 categories including beverages,

food, living, home appliances, fashion, and beauty. At present, G-Plex Mall is

preparing for the new renewal open.

In addition to general retail products, GX-Mall will be promoting and selling a

number of products that JGX distributes with exclusive sales rights.

[Image of GK Mall and Korean Cosmetic Brand‘THE OOZOO’]

6) JGX Smart Global Logistics, G-Plex Logistics

JGX will have a logistics system to deliver JGX shopping products to Uzbekistan,

Myanmar, Laos and Cambodia, which have yet to establish logistics and delivery

infrastructure, and will lead the delivery market in developing countries in Southeast

Asia.

JGX has established a JV with local logistics partners, utilize the infrastructure of the

city's logistics hubs established by partner company. We will be deploying the same

day shipping system as in Korea for the first time.

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7) Global Exchange Platform

JGX will establish at least 6~10 global Exchanges in Uzbekistan, Thailand

Myanmar, Laos and Cambodia, Dubai starting with Philippines.

GX-Exchange Hub Inc. Has been already established in the Philippines and all legal proceedings are under way.

Uzbekistan and Thailand have already entered into contracts for licensing related to

the establishment of the Exchange (Contract between KOBEA Korean Block Chain

Association and NAPM Uzbekistan National Project Administration Bureau), and

Australia has completed the partnership agreement. Beside that Myanmar, Laos and

Cambodia, are in the process of opening after the opening of the Philippines

Exchange.

(1)Establishment of the Philippines Exchange

In November 2018, JGX established a joint venture in Quezon City of Manila, the capital city of Philippines and as a main sponsor of 'Michael Angelo The Sitcom', a two-terrestrial broadcaster in the Philippines, We started promoting GX-EX.

(2) Establishment of Uzbekistan Exchange and Establishment of R&D Center

On June 20, 2018, JGX foundation signed a contract with the National

Agency of Project Management (NAPM) under the President of the Republic

of Uzbekistan for the Blockchain industry. On July 4, JGX foundation

received a national official response from the Uzbek government.

Accordingly, on July 17, 2009, the JGX delegation formed a consortium with

relevant professional organizations and companies to visit Uzbekistan under

the name of "Korea Blockchain Entrepreneur Association (KOBEA)", and we

discussed mutual cooperation plan between two organizations of the

Blockchain industry and Blockchain business model for the future. After all

the mutually agreed block-chain business models are completed, Uzbekistan

exchange will be onpened which JGX will use as the main coin (key

currency).

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「Uzbekistan Blockchain Industry Related Business Consultation Plan」

① Joint-negotiation of Uzbekistan's laws and regulations(Regulations on cryptocurrency, business license, regulations on establishment of Exchange, policy on mining industry complex)② Joint venture establishment and operation plan between Uzbekistan and KOBEA③ Joint establishment and operation plan of the State Exchange within Uzbekistan ④ Joint establishment and operation plan of the mining industry complex within Uzbekistan⑤ Establishment of Blockchain technology related academy (for officials), university, and department (for MA program) within Uzbekistan⑥ Joint establishment and operation plan of the state BlockchainR&D Center within Uzbekistan⑦ Joint establishment and operation plan of crypto bank within Uzbekistan⑧ Co-hosted International Forum for Block Chain Hosted by Uzbekistan Government

(3) Opening of Exchange in Thailand

On July 6, 2018, a government official from Thailand visited Korea to

discuss the work related to the State Exchange of Thailand and agreed to

open an exchange soon.

(4) Opening of Exchange in Australia

On June 25, 2018, Chairman Zhang Xun, Chairman of ZX Investment

Group, the holding company of Australia's Melbourne Smart Town

construction project, visited Korea and briefed the Korea Exchange System

and signed a letter of memorandum of understanding. There is now an

exchange office in Melbourne, and legal procedures are underway to

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establish and authorize it through legal advice. We are preparing to open in

early 2019.

(5) Opening of Exchanges in Myanmar, Laos, and Cambodia

After opening the Philippines Exchange first, we are discussing with the

officials of each country about the plan to open sequentially.

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4. Marketing Strategy

4.1 Increasing Continuous Value Strategy

1) Sequential Launching Strategy of Business Models

Inducing Value Increase through Launch Announcement

JGX has a total of six platforms that can generate a strong profit model with

only one platform business model. In addition, to the users of developing

countries in Southeast Asia who have no such platform infrastructure and

content market, a strong platform infrastructure and content landing will

become a big issue, and if the inroad is made without cost resistance, the users

will be excited about this content. The JGX platform infrastructure will be able

to preempt the market quickly, as it will focus on securing users by adjusting

each market's economic capabilities to facilitate entry into the market place.

JGX plans to launch these 6 platforms on a sequential basis rather than

launching them at a time.

As in stock markets, we expect to see the same effect of the value of stocks

rising as a company conducts any large-scale project, or discloses a company's

favorable assets.

In the same way, if a platform to be used for JGX Coins is newly launched, it

will be announced on the Foundation's homepage, which would raise the value

of coin by making it an issue.

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2) JGX Dual Dividend System

Dividend payment from the proceeds of total business progress after annual

report

The technology of Blockchain is characterized by transparency that can not be

corrected with the disclosure of the ledger and the data once entered.

Therefore, JGX can ensure the transparency of the enterprise by combining

Blockchain technology across all platforms.

JGX will pay dividends in the form of a reward to users who have JGX Coins

in two ways at the end of each year's reporting period.

(1) At the end of the year, JGX pays a certain amount of dividends based on

the coins held

(2) At the end of the year, a certain percentage of dividends are calculated by

counting the total frequency and amount of use of the platform using JGX

for a year

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4.2 Benefits for JGX Users of JGX Exchange Platform

1) Discount of fees

Transaction fees are discounted to users (JGX market users) who use JGX Coin

as key currency. In this kind of case, it is a great benefit for ordinary users as

well as for traders with high usage or frequency, which will increase the loyalty

of the Exchange and induce the JGX Coin to be traded as the key currency.

2) Paying a certain percentage of the proceeds from the exchange as dividend

Part of the proceeds of the Exchange will be paid to the users who have JGX

Coins as dividend.

3) GX Exchange application lock screen ad reward payment

When approved by the user, JGX Exchange application can be equipped with

the compensation advertising feature. Users of the JGX application will see their

ad through ad engagement on the smartphone's lock screen and will receive a

JGX reward cash. The entity that pays the rewards here is also an advertiser

using the JGX performance, media and entertainment platform, and the

providers of the services that have entered the JGX platform. This JGX reward

cash can be used to buy coins from the JGX Exchange and used freely on the

JGX platform.

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4.3 Marketing Strategy Structure Diagram

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5. JGX Technical Stack

5.1 Blockchain

1) Technical Overview of Blockchain

Blockchain is a distributed, independent, open common ledger management

technology.

Blockchain is a data storage structure similar to a distributed database

and enables mutual verification and storage of data between participants

through the network. The existing traditional system establishes a reliable

third party verification authority for the centralized management of

transaction information, whereas Blockchain platform provides transaction

information to peer-to-peer (P2P) by recording and managing it jointly on

network nodes, enhancing transparency and stability in the process.

Blockchain is a technology that allows data to be shared between parties (or

machines) who do not know each other in a reliable way - Deloitte

Blockchain is a 'trust-making machine' - The Economist

BBlockchain shares value beyond information sharing - Don Tapscott

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2) Blockchain Features

JGX Coin has been developed with the Blockchain technology to serve as

a key currency for many Exchanges, as well as the main payment method

used in the massive JGX Infra Platform.

(1) Transparency of Transaction

Blockchain technology is the most powerful solution to build mutual

trust for JGX Coin users as they do not need a third party to ensure

reliability, and all transactions are transparently recorded, archived and

shared.

JGX Coin has been developed as a procedural compensation logic

based on various business models. The compensation logic is based on

the principle of transparent disclosure of all data that can be used as a

basis for calculating dividends, rewards, etc. in order to accurately track

and objectify not only the transaction volume of users but also the

contribution of platform activation through various participation (activities).

JGX Coin provides not only individual transaction history, but also

JGXScan service, which allows everyone to view all the traffic and

transactions occurring on the JGX network in real time, thereby enhancing

transaction data transparency.

(2) Reduction of Transaction Fee

One of the most costly burdens of service providers operating or

hosting the platform is the fee that is provided to the Payment Gateway.

Generally, a fee of about 3-5% is paid on an average. If you make a

payment by switching Blockchain-based JGX Coin to JGX Cash, you can

pay the fee at a lower GAS rate. Reduced fees are used as rewards for

JGX Coin users.

JGX Coin users receive rewards only with ad viewing and transaction

contributions, and service providers can build a virtuous cycle structure

that reduces paying and commission costs to P/G to return benefits to

consumers.

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[Example of security incidents occurring in an existing financial transaction system]

(3) Excellent Security

Due to the complex payment system, existing POS, P/G, and VAN

companies are constantly experiencing security accidents. An example of

various security incidents that can occur in an existing financial

transaction system can be seen in the figure below.

Because the system is large in scale and networking range, it is

exposed to all kinds of security threats. In reality, there are various

security issues, but it is a reality that there is no perfect plan to prevent

information leakage and to increase scalability and security at the same

time.

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In contrast, Blockchain based transaction method is very simple, and

falsification of transaction records is practically impossible.

[Transaction method of Blockchain based cryptocurrency]

All transactions are codified sequentially and recorded on blocks

publicly, and one-time only stamps are stamped on each transaction

before it is connected to previous transactions by chain. This kind of

digital 'block' can be updated only with agreements of all participants,

making it impossible to practice data interception, correction, and

deletion.

JGX Coin has a 2-step authentication process using Google OTP

authentication for easy and secure exchange and payment, and provides

a more secure dedicated wallet by applying a data encryption policy as a

multi-layer multi-zone security mechanism.

With this, personal information, user’s account, and personal key

information requiring strict management can be kept more securely.

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(4) Accommodation of Global Trend

It was predicted that Blockchain technology will bring about widespread

change in 2011, but the potential of this technology has really started to

get popular attention from 2017. Now, it has become an industrial trend

by entering the stage of commercialization out of experimental stage in

various countries, leading companies and various fields.

Investments and researches are already being carried out in various

countries such as Europe, North America, Japan and Singapore. In Korea,

Korea Minting and Security Printing Corporation has launched 'Blockchain

Business Team' for the first time in Korea to find new businesses for the

future. The Korean government is also trying to move from the simple

money making business to the active 4th Industrial Revolution by

proceeding with the "Cashless Society" project.

In financial fields of the world including all the banks and financial

instruments exchange, they are already taking the lead in competitive

investments and utilizing Blockchain technology.

Major card companies such as Visa, Master, Union Pay, American

Express, and Samsung are also conducting their own R&D on Blockchain

technology, and some of them are already applied to existing services.

Mobile operators, platform operators, and IT technology leaders such as

IBM, Microsoft, AWS, and SAMSUNG SDS are increasing their investments

by focusing on the advantages of Blockchain technology, and news that

they are offering services that adopt Blockchain technology around the

world are being announced every day.

Together with rich & powerful ecosystem, JGX Coin intends to present

a successful model based on Blockchain that leads the wave of change

by building a Coin & Cash system based on Blockchain in line with

global trends.

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5.2 Direction of JGX Coin Service

1) Service Flow – JGX Coin

JGX Coin's main flow consists of issuing an Ethereum account for wallet

usage, coin issuance, cash exchange, payment and compensation. Wallet

applications are available both in the Ethereum official wallet (MyEtherWallet)

and in the JGX exclusive wallet (mobile/web), and you can buy other coins

from other Exchanges with the JGX Coin you have been issued with, or you

can exchange them with cash or JGX Cash. JGX Cash can be used as a

payment method in various JGX On/Off-Line stores. Depending on your

performance, you will also receive a cashback reward.

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Step1. Wallet creation

Generate a new wallet address for issuing JGX Coin for each user.

Step2. JGX Coin issue

Issued to customers who wish to purchase or exchange JGX Coin

already issued.

Step3. Exchange

Exchange and encashment of virtual currencies through an Exchange

JGX Coin can be exchanged with JGX Cash.

Step4. JGX Platform Visit

Visit an on/offline franchise where JGX Cash can be used.

Step5. JGX Payment Method Presentation

Convenient payment using a payment method within JGX Coin.

Step6. JGX Cash Use

Consumer goods can be purchased using JGX Cash.

Step7. JGX Bonus

Reward is provided depending on transaction performance.

When a particular condition is satisfied, an event-type reward is

provided in lottery type JGX Cash coupon.

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Alice visits the JGX Media Center and wants to see K-Pop festival.

① Alice was asked to buy tickets from Charlotte. Charlotte sends Alice

JGX Coin from her JGX Wallet.② Alice opens JGX Wallet and exchanges JGX Coin with JGX Cash.③ Alice, who has selected the performance on the JGX Wallet, selects

JGX Cash as a payment method and completes the payment and receives the tickets.

④ Alice and Charlotte, who visited the GX Media Center, visit Charlie's coffee shop prior to the performance.

⑤ Alice orders coffee, takes a picture of Charlie’s coffee shop QR code in JGX Wallet, and pays for the coffee using JGX Cash.

⑥ Charlie, who received a coffee order, confirms the transaction with Alice in JGX Wallet and pays her a bonus reward.

⑦ For promotion of a new menu, Charlie sends a menu guide photo and a coupon to Alice in JGX Wallet.

⑧ Alice thinks she had a really good time at JGX Media Center tonight.

[Service Example]

2) Service Example – JGX Coin

Let's take a look at JGX Coin users' experience through user scenarios in

JGX Media Center. Alice as a consumer, Charlie as a seller wants to

communicate within the JGX platform via JGX Wallet.

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3) Service Configuration Diagram

Within the JGX platform, the issuance of JGX Coin, virtual currency

exchange, JGX Cash creation and usage (transaction), and interface (API) for

external affiliate interactions are included in the JGX platform.

[JGX Coin Service Configuration Diagram]

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4) Service Flow - JGX Cash

Unlike the JGX Coin of the asset concept, JGX Cash is worth the local

currency level. This is important to all transactions within the JGX platform

and will contribute to ecosystem activation.

I. Cash creation and exchange

Creating or exchanging JGX Cash via Exchange or Exchange logic

The process of creating and exchanging cash is carried out by the

open asset protocol.

ii. Transaction (Use)

The process on cash transaction is carried out by the open asset

protocol.

When cash transaction occurs, its specifics are recorded in

Blockchain.

iii. Transaction (Total)

Creating smart contract based cash transaction aggregation contract

Cash aggregation condition is set to volume or point of time.

Execute contract for aggregation when the set aggregation

condition is reached.

iv. Transaction (Settlement)

Aggregation result data is managed by the state storage of

Blockchain.

v. Transaction text creation

When the settlement history data processing is completed, the hash

value of the data is extracted and the TSA (Time Stamping

Authority) is executed.

Register the hash value of the settled data in Blockchain

Judge data integrity by comparing it with the hash value of the

external affiliate

vi. Transaction text forwarding

Execute the text forwarding contract

vii. Cash management

Update forwarded text information in the aggregated DB update.

Search point aggregation / settlement data in State DB for

aggregation (Provide various search conditions)

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[Platform Structure]

5.3 Platform Architecture

JGX layers are composed of ERC-20 based Contract-Interface-Application

layers. From the useful information that users create, the platform architecture

manages the data by solving the modularization contract structure with

Blockchain technology. Billing data from various consuming customers are

effectively provided to enterprises and customers through JGX API (analysis /

solution).

JGX Cash is built with a system of flexible infrastructure scalability.

I. Blockchain Core Infra - GX Cash creation and registration process, real-time

data guarantee and settlement processing function based on

Blockchain (transaction management)

ii. Interface module - Cash Identification information management / settlement

data distribution, external system inquiry function management,

internal server, core API role

iii. Server - App, legacy dedicated processing logic server, DB, core infra relay

and processing role

iv. Transaction data inquiry – Used by customers and external affiliate contacts.

Provides cash information registration, inquiry and use, settlement

history text management. Provides statistical information storage

and inquiry function, etc.

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[Cash System Structure]

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5.4 Security Architecture & Policy

When examining all the examples of known password-related security

incidents to date, most users or Exchanges have problems with operating

coins. The problem of these security incidents is not one of the block-chain

technology.

In other words, JGX Coin is structurally secure due to its block chain

technology, but the problem can be avoided by paying attention to the

process of transaction and archiving. Therefore, for the safety of all

transactions in the JGX platform, we will consider the operational attributes

of security from the service design stage.

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Multi-segment Encryption

The external intercommunication of the JGX platform encrypts all Web

server-to-browser connections and protects data by applying the 256-bit SSL

protocol.

Multiple Authentication (2FA)

In addition to basic authentication via user accounts and passwords,

security is reinforced further by JGX Coin account activation via email

accounts associated with JGX and Google OTP authentication.

Sophisticated Structure and Operational Policies

All server operations are strictly granular and implemented with a strictly

restrictive IP address. The granular structure prevents a single error from

occurring and prevents an attacker from taking complete control of the

user's account.

Reflects ongoing, high-standard monitoring policies to quickly detect

suspicious transactions and unusual activity.

Secure Asset Retention

JGX keeps customers' investment assets by operating a hot wallet as well

as a secure cold wallet.

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5.5 JGX Wallet

1) Overview

JGX Wallet is a wallet for JGX Coin transactions and enables the reception

of relevant information and the operation of JGX Coin within the Etherium

Blockchain.

Users of JGX Wallets convert JGX Coin to JGX Cash and use real

transactions and services where JGX Cash is used. Users of JGX Wallet can

be divided into consumers and sellers, and use specialized functions

depending on the characteristics of the user.

When the user is a consumer, it is possible to earn reward points such as

the consumption of lock screen ads as well as bonus points that the seller

pays according to the transaction. Advertisers who want to advertise on JGX

Wallet can advertise with a low fee through JGX Coin transactions.

Franchises and sellers using JGX Wallet in transactions within the JGX

platform will pay a smaller fee than in traditional payment systems. Sellers

can make JGX Cash transactions on the JGX platform, offer reward points to

consumers, and target ads through an analysis of transaction data.

The use of JGX Cash on the JGX platform will contribute to the activation

of the JGX Coin and the JGX Wallet will be provided on mobile and Web

applications.

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2) System Architecture

System architecture can be divided into JGX Server Interface for server

interworking, Blockchain Interface for interworking with Blockchain, and

Application Interface for interworking with other applications.

JGX Wallets work on a mobile or Web platform, and external interactions

use the TLS/SSL protocol. The use of the TLS/SSL protocol provides

confidentiality between the JGX Wallet system and the server and integrity

for all data including various elements.

Connection to the server in the JGX Wallet is implemented through the

JGX Server API. In this interface, OTP is used to secure wallet from the

attempt to steal the account through 2-step authentication for the user

account and manage it with encryption.

Blockchain Interface of JGX Wallet is connected with Etherium Blockchain

system, enables JGX Coin transactions, and provides user transaction history

information.

Applications within the JGX platform also interface with each other

through the interface of the JGX Wallet system.

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3) Information Architecture

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4) Usage

(1) Join

Apps > Simple Membership > Enter E-mail > Enter code received via

e-Mail > Create mnemonic (paper key) > Enter (mnemonic) paper key >

Enter password > Enter password confirmation > Main screen

(2) Back up

In the case of Apps > My Page > ‘Back up’ button > QR code backup /

mnemonic (paper key) backup > QR code backup, save the

corresponding QR code in the gallery. In the case of mnemonic (paper

key) backup, copy 12 words created during ‘Join’.

(3) Send

Apps > Click ‘Send’ button of Main > Enter Receiver (Wallet address of

the receiver or QR code is recognized as Receiver) > Enter the amount

(JGX unit, dollar or won) > Enter the fee (Gas) > Send

(4) Receive

Apps > Click ‘Receive’ button of Main > Enter the amount (JGX unit,

dollar or won) > QR code copy and send ‘Text’ button > Send Wallet

address of the user (QR code)

5) UX & UI Review

(1) Web

[KYC Screen]

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[Login Screen]

(2) Mobile

[Login Screen] [KYC Screen]

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6. Roadmap&Plan

6.1 Roadmap

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Token Name JGX coin

Token Ticker JGX

Token Type ERC20 (Ethereum Smart Contract)

Distribution Method Fixed

Total Amount 5,000,000,000 JGX

Max Token Sale 1,500,000,000 JGX (30%)

Hard Cap 50 million USD

Payment Method ETH

JGX Minimum Investment

1 ETH

6.2 Token Sale Plan

1) Token Key Facts

2) Distribution of Token

Distribution of Token

Token Sale 30%Team 10%Advisors 5%Partners 5%Marketing Operations 15%Liquid Asset of Platform 25%Reserves 10%

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3) Distribution of Funding

Distribution of Funding

R&D 10%Fund for operating Exchange 30%Fund for operating Platform 30%Initial Fund for the Company Setup&Operation 10%Marketing&PR 10%Reserves 10%

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7. JGX Formation

7.1 Foundation & Company

JGX Global Foundation (in Singapore)

JGX Korea (in Seoul)

JGX Philippines (in Manila)

JGX China (in Beijing&Shanghai)

JGX Uzbekistan (in Tashkent)

JGX Thailand (in Bangkok)

JGX Australia (in Melbourne)

JGX Myanmar (in Yangon)

JGX Laos (in Vientiane)

JGX Cambodia (in Phnom Penh)

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7.2 Exchange Platform

Manila (Philippines)

Tashkent (Uzbekistan)

Bangkok (Thailand)

Melbourne (Australia)

Yangon (Myanmar)

Vientiane (Laos)

Phnom Penh (Cambodia)

Hainan (China)

Dubai (United Arab Emirates)

7.3 Consortium

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8. JGX Team

8.1 Executive Team

8.2 Technology Team

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8.3 Advisors

8.4 Partners

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9. Disclaimer The JGX white paper is for informational purposes only which shall not and cannot be

considered as an invitation to enter into an investment. This white paper, any

information provided on the JGX web page and any terms and conditions published by

JGX do 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. If the participant decides to contribute to the JGX development, please note

that your contribution to JGX Coin does not involve the exchange of cryptocurrencies

for any form of securities, investment units or form of ordinary shares in JGX Limited or

any other company of relation.

Due to legal and regulatory uncertainty in the United States of America and People’s

Republic of China, participants residing in the United States of America and China are

not allowed to provide contributions and obtain JGX Coin (JGX) tokens. Any participant

providing false information about their citizenship, residency place and nationality will

breach JGX terms and conditions and would entitle JGX to not compensate any

damages and/or losses suffered due to this violation. The white paper, information

provided on the JGX web page and any terms and conditions published by JGX any

part thereof and any copy thereof must not be taken or transmitted to any country

where distribution or dissemination of these documents/information is prohibited or

restricted. No regulatory authority has examined or approved of any of the information

set out in the 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 the white paper does not imply that the applicable laws, regulatory

requirements or rules have been complied with.

In no event will JGX or its affiliates be liable to any person or entity for any damages,

losses, liabilities, costs and/or expenses of any kind, whether direct or indirect,

consequential, compensatory, incidental, actual, exemplary, punitive or special for the use

of, reference to, or reliance on this white paper or any of the content contained herein,

including, without limitation, any loss of business, revenues, profits, data, use, goodwill

or other intangible losses. No information in this whitepaper should be considered to

be business, legal, financial or tax advice regarding contribution to the development of

the JGX platform. You as the participant should be aware that you may be required to

bear the financial risk of any obtained JGX Coin (JGX) tokens for an indefinite period of

time. Any information in the whitepaper is given for general information purpose only,

and JGX does not provide any warranty as to the accuracy and completeness of this

information. Given the lack of crypto-token qualifications in most countries, each

participant is strongly advised to carry out a legal and tax analysis concerning the

purchase and ownership of JGX Coin (JGX) tokens according to their nationality and

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place of residence.

The white paper does not include nor contain any information or indication that might

be considered as a recommendation or that might be used to base any investment

decision. This document does not constitute an offer or an invitation to sell shares,

securities or rights belonging to JGX Limited or any related associated company. The

JGX Coin (JGX) tokens are just utility tokens which can be used only on the JGX

platform and is not intended to be used as an investment.

The offering of JGX Coin (JGX) tokens on a trading platform is done in order to allow

the use of the JGX platform and is not for speculative purposes. The offering of JGX

Coin (JGX) tokens on a trading platform is not changing the legal qualification of the

token, which remains a simple means for the use of the JGX platform and is not a

security.

JGX Coin (JGX) tokens confer no direct or indirect right to JGX foundation capital or

income, nor does it confer any governance right within the JGX platform; JGX Coin is

not proof of ownership or a right of control over JGX platform and does not grant the

controlling individual any asset or share in JGX foundation or any JGX products, or in

the JGX network. A JGX Coin (JGX) token does not grant any right to participate in

control over JGX’s management or decision-making setup, or over the JGX network and

governance to the Purchasers.

Regulatory authorities are carefully scrutinizing businesses and operations associated

with cryptocurrencies in the world. In that respect, regulatory measures, investigations or

actions may impact JGX’s business and even limit or prevent it from developing its

operations in the future. Any person undertaking to acquire JGX Coin (JGX) token must

be aware of the JGX business model, the white paper or terms and conditions may

change or need to be modified because of new regulatory and compliance

requirements from any applicable laws in any jurisdictions. In such a case, purchasers

and anyone undertaking to acquire JGX Coin (JGX) token acknowledge and understand

that neither JGX nor any of its affiliates shall be held liable for any direct or indirect

loss or damage caused by such changes.

The information in this document is subject to change without notice and should not

be construed as a commitment by JGX foundation. JGX assumes no responsibility for

any errors that may appear in this document.

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Risk Factors

The purchaser of JGX Coins undertake that he/she understands and has significant

experience in Blockchain systems and crypto-currencies and has carefully read through

this white paper and all relevant information provided in the official website to have a

comprehensive understanding of the potential risks associated with participating in the

crowd sale and fully aware that JGX (or its affiliates) will not provide any refund of

purchase of JGX tokens under any circumstance. Any interested person who is not in

the position to accept or understand the risks associated with the activity (including the

risks related to the non-development of the JGX Platform) or any other risks as

indicated below or in the Terms & Conditions of the crowd sale should not acquire JGX

Coin tokens. JGX will use reasonable efforts to ensure that the project proceeds in the

general direction as that discussed in the whitepaper. However, buyers may still face

various risks of incurring losses. The risks include regulatory risk, risk on the token

market, digital wallet management, systematic risk, taxes, and other risks not listed here.

Regulatory Risks

Blockchain technology, including but not limited to the issue of tokens, may be a new

concept in some jurisdictions, which may then apply existing laws, or introduce new

regulations regarding Blockchain technology-based applications, and such regulations

may conflict with the token concept. Regulatory actions could negatively impact JGX

and/or JGX platform in various ways. JGX (or its affiliates) may cease operations in a

jurisdiction in the event that regulatory actions, or changes to law or regulations, make

it illegal to operate in such jurisdiction, or commercially undesirable to obtain the

necessary regulatory approval(s) to operate in such jurisdiction. JGX may constantly

adjust the sale strategy in order to avoid relevant legal risks as much as possible.

Token Market Risks

Once purchased, JGX tokens are designed to be used solely on the JGX Platform,

hence there may be illiquidity risk with respect to JGX. The value of JGX token may

significantly fluctuate due to various reasons. JGX does not guarantee any specific value

of the JGX token over any specific period of time. JGX shall not be held responsible for

any change in the value of the JGX token including the complete loss of value due to

factors such as JGX is not accepted by the market, there are not enough users using

them, development of JGX Platform is stagnant, or there are rumors or other

uncontrollable factors.

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Digital Wallet Management

Buyers may receive JGX coins only after installing the wallet and obtaining the digital

wallet address. Individual users are responsible for protecting their private keys, which is

used to prove their ownership of the JGX tokens. The users should be fully aware that

if their private key or password is lost or stolen, the tokens on their account will be

lost forever and cannot be recovered.

Systemic Risk

This is referred to the risk caused by the large-scale faults of the global network

infrastructure such as force majeure. JGX Coin performance 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 by JGX and shall include acts of nature, wars, armed conflicts,

mass civil disorders, industrial actions, epidemics, lockouts, prolonged shortage or other

failures of energy supplies or communication service, other circumstances beyond JGX’s

control.

Taxes

JGX Coin token holders may be required to pay taxes associated with the transactions

contemplated herein. It will be a sole responsibility of JGX Coin token holders to

comply with the tax laws of the jurisdictions applicable to them and pay all relevant

taxes. Representations and Warranties.

Warranties

By accessing and/or accepting possession of any information in this whitepaper and

participating in the token sale, you represent and warrant to JGX:

(a) You are fully aware of and understand that you are not eligible to purchase any

JGX tokens if you are a citizen, resident (tax or otherwise) or green card holder of the

United States of America or a citizen or resident of the People’s Republic of China;

(b) You are authorized and have full power to purchase JGX Coin tokens according to

the laws that apply in their jurisdiction of domicile;

(c) Live in a jurisdiction which allows to sell JGX Coin tokens through a crowdsale

without requiring any local authorization and are in compliance with the local, state and

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national laws and regulations when purchasing, selling and/or using JGX Coin tokens;

(d) Are familiar with all related regulations in the specific jurisdiction in which they are

based and that purchasing cryptographic tokens in that jurisdiction is not prohibited,

restricted or subject to additional conditions of any kind;

(e) You agree and acknowledge that JGX tokens do not constitute securities in any

form in any jurisdiction;

(f) You 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 you 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;

(g) You agree and acknowledge that in the case where you wish to purchase any ASA

tokens, the ASA tokens are 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 (whether JGX and/or the

Token Provider)

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

(h) Have sufficient knowledge about the nature of the cryptographic tokens and have

significant experience with and functional understanding of the usage and intricacies of

dealing with cryptographic tokens and currencies and Blockchain-based systems and

services;

(i) You are fully aware and understand that in the case where you wish to purchase

any JGX Coin tokens, there are risks associated with JGX Coin;

(j) You agree and acknowledge that JGX nor its affiliates are 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;

(k) Purchase JGX Coin tokens because they wish to have access to the JGX platform;

(l) Are not purchasing JGX Coin tokens for the purpose of speculative investment or

usage.

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10. Appendix10.1 Arrangement of Terms

Ÿ P2P: Short for Peer-to-Peer, this refers to a network where each terminal

communicates with each other on an equal footing without a central server. Each

terminal is both a server and a client.

Ÿ Gas: Fees for SmartContract Deploy transactions within Etherium network

Ÿ SSL: As a standard security technology for establishing encrypted links between

Web servers and browsers, all data is kept private by using secure links.

Ÿ 2FA: By merging two different elements, you identify identifiers that you claim.

Ÿ Hot Wallet: Desktop, Mobile, and Web wallet. Passwords If you have frequent

transactions, it is a good idea to use the Hot Wallet so you can use your secret

key immediately.

Ÿ Cold Wallet: There are paper, hardware, and brain wallet. You are not

connected to the Internet.

Ÿ Load balancing: Distributing the load on the request to the transaction

Ÿ Integrity: An important feature of a database or RDBMS system, pointing to

the accuracy and consistency of data throughout the life cycle of the computing

world

Ÿ Smart Contract: It is a technology that can conclude contracts easily and

conveniently with P2P without intermediaries. This technology uses Blockchain's

Distributed Ledger Technology (DLT) to automatically execute contracts through a

shared network among various stakeholders such as financial transactions, real

estate contracts, and notarials.

Ÿ Transaction: Generally refers to a processing unit that can not be divided

further in a system. In a block chain, it is the exchange of data that includes

ownership of the coin. It is used to prove the issuance of a coin by applying the

author's electronic signature, or to ensure that the contents have not been

tampered with.

Ÿ Block: A unit of data created by aggregating multiple transactions. Storing a

transaction in a block verifies that it is a valid transaction, and uses a

proof-of-work algorithm to prevent double payments.

Ÿ Hash: A small amount of data that distinguishes crypto-currency. A function

that calculates a hash value from source data is called a hash function. The hash

value created by the cryptographic hash function is heavily used in creating

blocks of crypto-currency and address calculation.

Ÿ NAPM : The National Project Management Office under the President of

Uzbekistan, is an agency under the presidency in accordance with the Presidential

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57

Decree of Uzbekistan, which administers and manages national policy projects. In

accordance with the objectives of the economic and industrial renovation of

President Shavkat Mirziyoyev who took office in December 2016, NAPM was

established in July 2017 by a Presidential Decree, and there are 10 affiliated

organizations as follows:

① Uzbekneftegaz (Gas Corporation)

② Uzkimyosanoat/Uzchemistryindustry (Chemistry Corporation)

③ Uzbekenergo (Energy Corporation)

④ Uzbekgidroenergo (Uzbek Hydroelectric Power Corporation)

⑤ Almalyk (Mining and Metal Refining Corporation)

⑥ Uzbekistan Railways JSC (Uzbekistan Railways Corporation)

⑦ Uzbektelecom JSC (National Telecom Company)

⑧ NGMK (Navoi Mining and Metallurgy Combine)

⑨ Uzbekistan Airways (Airline)

⑩ AK Halyk Bank (Ministry of Finance)

10.2 Reference

Partners (International Blockchain Consortium, GX Exchange, I am mining

International Blockchain R&D Center, Korea Blockchain Entrepreneur Association,

WeatherBlock, Reputation, PayX coin processor, M Blockchain (MEDIA), KCX

Exchange, ZX INVESTMENT GROUP Co., Ltd, OBC Co., Ltd, KBMBLOC Co., Ltd, TONG

BLOC Co., Ltd, Maker Space Co., Ltd, Billionaire Global Co., Ltd, CITYCORE Co., Ltd,

D2Global Group Co., Ltd, The Mavens Language Center Co., Ltd, Daeryook&Aju Law

Firm, THEOOZOO, GKMall, G2Funding Group, G-Smatt Global, ENT Global Contents

Group, OZTV, oksusu, Korea Homeshopping Product Suppliers Association )

https://www.kotra.or.kr/

https://ko.wikipedia.org/wiki/.kr

https://goo.gl/9ELB5v

https://goo.gl/OXeYPb

https://goo.gl/BbrVUx

https://cointelegraph.com/news/bitcoin-monopoly-bank-of-america

http://news.livedoor.com/article/detail/11627616/

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https://www.mizuhobank.co.jp/release/pdf/20160308release_jp.pdf

https://www.cnbc.com/2016/02/12/nasdaq-to-trial-Blockchain-voting-for-shareholders.ht

ml

https://www.federalreserve.gov/newsevents/speech/brainard20160414a.htm

http://www.dt.co.kr/contents.html?article_no=2016060702101460813001

https://e-estonia.com/e-residents/about

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment

_data/file/492972/gs-16-1-distributed-ledger-technology.pdf

https://www.wsj.com/articles/ny-financial-regulator-lawsky-releases-final-bitlicense-rules-

for-bitcoin-firms-1433345396

https://www.youtube.com/watch?v=N36XOWNpJtk

https://medium.com/mit-media-lab-digital-currency-initiative/announcing-a-900-000-bit

coin-developer-fund-6e8b7e8b0861

https://www.w3.org/community/Blockchain/

http://bccc.global/en/

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