Digital Euro
Legal Disclaimer For Whitepaper
1. Executive Summary
1.1 Crytocurrency Market
1.2 The Product - Digital Euro Token
1.3 The Product - Salehub Platforms
1.4 Merging The Digital Euro Token with Salehub Platform
2. Salehub Platforms
2.1 Salehub Non-Blockchain Platform 2.1.1 Salehub Non-Blockchain Platform Features 2.1.1 (a) Customers 2.1.1 (b) Sellers 2.1.1 (c) User Can Be Both 2.1.2 Paying For Products 2.1.2 (a) Up Front 2.1.2 (b) On Layaway
2.2 Salehub Web3 Platform
2.3 Salehub Decentralized App
2.4 Salehub Android & iOS App
3. Salehub Platforms - Shopping Platform of the Future
3.1 The Digital Euro Network Ecosystem Difference 3.2 How Digital Euro Network Ecosystem Fits Customer Needs
4. Benefits to the Digital Euro Network Customers & Digital Euro Token Holders
4.1 Paying For Products
4.2 Worldwide Access to Salehub Platforms
5. Digital Euro Token
5.1 ERC-20 Token - Simple & Secure
5.2 Digital Euro Token Sale
5.2.1 Sale Period
5.2.2 Issuance of Tokens
5.2.3 Trading of Tokens
5.2.4 Risk Management
5.3 Operational Reserves
6. News & Updates
1. EXECUTIVE SUMMARY
As digital assets is reaching mass adoption, paying for products and services with digital assets will become mainstream. Fiat currency is currently the accepted mode of payment for products and services. However, the rise of digital assets will eventually be adopted as either an additional payment method or primary payment method. Thus merging Digital Euro Token with Salehub Platforms made absolute sense. With the Digital Euro Token, people will be able to pay for products or services using digital assets.
Our long-term vision includes giving people the ability to use their digital assets to pay for products and services. Being able to utilize the digital assets in the market today for products and services has the potential to transform the world.
In order to accelerate Blocktech, Inc.'s vision of providing ubiquitous access to products and services using digital assets, we would like to introduce a new crypto-asset, the Digital Euro Token or “eEUR”. The purpose of this whitepaper is to discuss how Digital Euro Token will merge with Salehub, Inc.'s Salehub Platforms, where digital assets will be used as a means of payment for products and services.
1.1 CRYPTOCURRENCY MARKET
As of December 7, 2021, the global cryptocurrency market capitalization stands between $2.30 - $2.42 trillion in value ¹. While cryptocurrencies have not been widely adopted for use in paying for products and services, Blocktech, Inc. believes that there is considerable potential for the increased ability to use digital assets to pay for products and services across the globe.
Blocktech, Inc. sees the appetite for and usefulness of the new technology embedded in the newly invented Digital Euro Token to pay for products and services as significant and timely.
¹ https://coincodex.com/article/13076/daily-market-update-for-december-07-2021/
1.2 THE PRODUCT - THE DIGITAL EURO TOKEN
Blocktech, Inc. introduces the Digital Euro token, built on the Ethereum blockchain.
Digital Euro token serves only as a utility token within thejobbids.com, sale-hub.com, thedigitaleurocoin.com, and other platforms to be added in the future (hereinafter the "Digital Euro Network Ecosystem").
1.3 THE PRODUCT - SALEHUB PLATFORMS
Salehub, Inc. has acquired the online marketplace sale-hub.com (hereinafter "Salehub Platform"), where Customers can purchase products using digital asset.
1.4 MERGING THE DIGITAL EURO TOKEN WITH SALEHUB PLATFORMS
Alliances are defined as “voluntary arrangements between firms involving exchange, sharing, or co-development of products, technologies, or services” ². Although each firm in a joint venture remains as a distinct legal entity, the firms will often jointly integrate substantial aspects of their capabilities. The joint venture between Blocktech, Inc. and Salehub, Inc. will involve a substantial investment by both firms to integrate the technological capabilities of the two firms.
Blocktech, Inc. and Salehub, Inc. will collaborate together to merge their technologies. Digital Euro Token will be one of the main digital assets used as a form of payment on the Salehub Platforms.
² (Gulati 1998) (https://deepblue.lib.umich.edu/bitstream/handle/2027.42/64702/atafti_1.pdf?sequence=1&isAllowed=y)
2. SALEHUB PLATFORMS
2.1 SALEHUB NON-BLOCKCHAIN PLATFORM
Salehub Non-Blockchain Platform is an online shopping marketplace where Customers can shop from a huge collection of products sold by various marketplace sellers. Virtual assets will be used as a means of payment for goods and/or services.
2.1.1 SALEHUB NON-BLOCKCHAIN PLATFORM FEATURES
Salehub platform is an online marketplace where Customers can shop from a huge collection of products sold by various marketplace Sellers.
The platform makes it easy for individuals or small businesses to setup their own e-commerce store.
Sellers will be able to sign-up, create a storefront, view their dashboard, add different types of products, manage product listings, manage inventory, manage orders, manage shipment, create invoices, and much more.
The platform enables Users to chat in real-time. Customers can live chat with Sellers to ask questions, share feedback, etc.
Customers can pay safely and securely. Customers can pay in virtual asset for products and/or services. Digital Euro Token (eEUR) will be one of the primary tokens as an acceptable form of payment.
2.1.1 (a) Customers
Through the Salehub Platform, a Customer can search for products being sold by various marketplace Sellers.
Customers will be able to create an account where they can manage their dashboard, manage orders, manage shipping address, manage billing, view recently ordered products & status, view order history, newsletter subscription, and more.
Customers will be able to search products based on category.
Customers will be able to compare products.
Customers will be able to add their products to a Wishlist.
Customers will also be able to rate the products.
2.1.1 (b) Sellers
Vendors will be able to sign-up, create a seller storefront, view their dashboard, add different types of products, manage product listings, manage orders, manage inventory, manage shipment, create invoices, and much more.
After signing up, Sellers will be directed to their store admin screen. There, Sellers can customize their store.
Sellers can list or sell an unlimited number of products online.
2.1.1 (c) USER CAN BE BOTH
Any user can be both a Customer and a Seller.
2.1.2 Paying For Products
Pay for products and/or services using digital assets. Products can be purchased upfront or on layaway.
2.1.2 (a) Purchase Upfront.
Upfront is a way of buying a product and paying it in full.
2.1.2 (b) Purchase On Layaway.
On Layaway is a way of buying a product by making a down payment on the product, the store then holds the product while the Consumer pays the remainder of the price in installments, after which the Consumer takes possession of it. A layaway plan ensures that the consumer will get their chosen product when they have fully paid for it.
2.2 SALEHUB WEB3 PLATFORM
Salehub Web3 Platform has the same features as the Non-Blockchain platform but will be blockchain technology based. Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary.
2.3 SALEHUB DECENTRALIZED APP
Salehub Decentralized App version with the same features as the Web3 platform.
2.4 SALEHUB ANDROID & IOS APP
Salehub Android & iOS App app versions with the same features as the Non-Blockchain platform.
3. SALEHUB PLATFORMS - SHOPPING PLATFORM OF THE FUTURE
3.1 THE DIGITAL EURO NETWORK ECOSYSTEM DIFFERENCE
The collaboration between Blocktech, Inc. and Salehub, Inc. will connect Customers with Sellers from all over the world through the Salehub Platforms. The platforms are designed to fundamentally change the way that Customers and Sellers conduct transactions. The platforms are an experiment designed to combine the best features of digital assets and paying for products and services.
3.2 HOW THE DIGITAL EURO NETWORK ECOSYSTEM FITS CUSTOMER NEEDS
Digital Euro Network Ecosystem wishes to meet the expectations of its customer base. In acquiring digital assets, Users expect to be able to use them in paying for products and services.
By merging the Digital Euro Token with Salehub Platforms, Blocktech, Inc. and Salehub, Inc. have developed what it believes to be an innovative way of acquiring and Paying For Products, thus taking user experience at another level.
As part of Blocktech, Inc.'s collaboration with Salehub, Inc. and planned expansion of its suite of products and services, Blocktech, Inc. sees its new Digital Euro Token product as a potentially attractive fit for digital asset owners/users.
4. BENEFITS TO DIGITAL EURO TOKEN HOLDERS
4.1 Paying For Products
The Digital Euro Tokens will be utilized on the Salehub Platforms, where users can pay for products and/or services.
4.2 WORLDWIDE ACCESS TO SALEHUB PLATFORMS
Users from all over the world can use the Salehub Platforms. Users will be able to hire services not just from within their local area but anywhere in the world.
Customers may be able to get competitive bids for services since it will have worldwide access to Sellers.
5. DIGITAL EURO TOKEN
5.1 ERC-20 TOKEN - SIMPLE & SECURE. The Digital Euro token is an Ethereum token following the ERC20 protocol. Created in May 2021, our token contract is available to view here https://etherscan.io/address/0x63c236c58a9b0e040809b340bcf885ea77dd0169#code and is describe in our token sale terms here: Digital Euro Token Purchase Agreement
5.2 TOKEN SALE
The Digital Euro tokens will be issued on the Ethereum network. Ethereum is an open-source project which allows creation of smart contracts and provides users with a secure and fast transaction system.
5.2.1 SALE PERIOD.
Sale period will start at 08:00 on August 28, 2022 (PST+1). Within this period, Customers will have the opportunity to purchase Digital Euro Token at the sale price of €0.10 EUR. The Digital Euro Tokens can be purchased at our website https://thedigitaleurocoin.com/ and/or Authorized Third Party Exchanges listed in this White Paper. In the future, the Digital Euro Token will be freely traded on the open market.
5.2.2 SALE OF TOKENS.
2+ Billion Digital Euro Tokens will be distributed and sold at our website https://thedigitaleurocoin.com/. The sale of more Digital Euro tokens at Authorized Third Party Exchanges will soon follow. The names of Authorized Third Party Exchanges will be listed on our website. Please check back for any updates.
5.2.3 WALLET ADDRESS.
When purchasing Digital Euro Tokens, Buyer shall provide either a Metamask or MyEtherWallet address where you would like the Digital Euro Tokens deposited. Buyer shall not use a Third Party Exchange wallet address.
5.2.4 TRADING OF TOKENS.
The trading of tokens is not available now. In the future, Blocktech, Inc. will promote and add Digital Euro Tokens to as many Third Party Cryptocurrency Exchanges as possible.
5.2.5 RISK MANAGEMENT.
Any funds waiting to be deployed to the market will be held in a secure multi signature vaults.
5.3 OPERATIONAL RESERVES.
Blocktech, Inc. will take 25% of all Digital Euro Tokens created at this address: 0x01aB0bD5C8129582d09c7EEef3188495857BC109 and hold it in a multi signature vault (the “Digital Euro Token Vault”).
6. NEWS & UPDATES
To keep in touch with its customer base, Blocktech, Inc. plans to publish regular communications on the Digital Euro Network website https://thedigitaleurocoin.com describing ongoing company activities, new digital assets that may be used on the Digital Euro Network Ecosystem, and an overview of future initiatives.