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Platform Implementation and Development

6.1 Capital Support

CriptoAuge has received top-tier global capital support from institutions including the London Foundation, Fidelity Investment Group, Andreessen Horowitz, TechConnect Partners, Blockchain Capital, Digital Assets Capital, Innovation Ventures, Bear Stearns Cos., and others.

  • London Foundation: A multinational investment institution brand offering corporate and private global wealth management services, with operations spanning Europe, the Americas, and Asia. It has a vast network of international professionals, leveraging the team's financial expertise as capital to provide comprehensive financial and investment services to clients through in-depth product knowledge and extensive experience. London Finance offers a range of services including online foreign exchange trading, stock index futures, spot gold, and spot silver, seizing wealth opportunities for Asian investors with strong support from its Hong Kong and international teams.
  • Fidelity Investment Group: Founded in 1946 and privately held, it was once the world's largest fund company until BlackRock's rapid acquisition. Currently, Fidelity is divided into two main investment groups focusing primarily on investments in Europe and the United States. Its most famous fund is the Fidelity Magellan Fund, which achieved an average annual return of 29% during the 13 years managed by Peter Lynch, compared to the average increase of 14% for the S&P 500 index during the same period. Warren Buffett's 45-year investment had a compound return of 20%, with the Fidelity Magellan Fund averaging a return of 16.3%.
  • Andreessen Horowitz: One of the world's largest venture capital firms, it invests not only in blockchain and digital assets but also in other fields such as the internet, software, and biotechnology. It has invested in 14 blockchain companies, earning approximately $55 million in profit. Major investments include Coinbase, MakerDAO, Difinity, and others.
  • Blockchain Capital: A blockchain investment fund based in San Francisco, USA, founded in 2014. It focuses on investments in exchanges, cryptography companies, and high-quality tokens, with substantial returns in recent years. Major investments include Circle, Coinbase, Blockstream, Kraken, Ripple, and others.
  • Bear Stearns Cos: Founded in 1923 and headquartered in New York, USA, Bear Stearns is a financial services company whose business mainly covers corporate finance and mergers and acquisitions, sales and trading of institutional stocks and fixed-income products, securities research, private client services, and derivatives. It is now one of the Fortune Global 500 companies and a leading global financial services firm.

6.2 Foundation and Global Governance

The CriptoAuge Ecological Development Fund (hereinafter referred to as the "Foundation") is the highest authority of the CriptoAuge exchange and the global community operator. The Foundation is committed to the development, operation, and maintenance of CriptoAuge, ensuring the security and harmonious development of the CriptoAuge exchange ecosystem. To prevent events that violate the design philosophy of blockchain, the Foundation will establish a sound governance structure and system to manage general and privileged matters of community projects. The Foundation's establishment draws on the operations of traditional entities and will set up various functional committees, including the Strategic Decision-making Committee, the Technology Review Committee, the Compensation and Nomination Committee, and the Public Relations Committee.

  1. Strategic Decision-making Committee

The Strategic Decision-making Committee is the highest decision-making body of the Foundation. Its main objective is to deliberate and resolve significant decision-making matters faced during the development of the community, including but not limited to:

  • Amending the governance structure of the Foundation;
  • Formation and rotation resolutions of the decision-making committee;
  • Appointment and rotation resolutions of the Secretary-General of the Foundation;
  • Appointment and dismissal of executive officers and heads of functional committees
  • Review and revision of the Foundation's charter;
  • Development strategy decisions of the CriptoAuge exchange;
  • Changes and upgrades to the core technology of the CriptoAuge exchange;
  • Emergency decisions and crisis management agendas, etc.
  1. Secretary-General

Elected by the Strategic Decision-making Committee, the Secretary-General is responsible for the daily operations of the Foundation, coordination of work among subordinate committees, and chairing decision-making committee meetings. The Secretary-General is the highest executive officer of the CriptoAuge exchange, providing unified guidance and coordination for the Foundation's daily operations, technology development, community maintenance, and public relations, and connecting business units with functional committees at the governance level. The Secretary-General regularly reports work progress to the decision-making committee.

  1. Technology Review Committee

Composed of core developers from the CriptoAuge exchange development team, the Technology Review Committee is responsible for decision-making on the direction of blockchain technology research and development, development of underlying technologies, development and review of open interfaces, and development and review of technology patents. In addition, members of the committee regularly keep abreast of community and industry dynamics and hotspots, communicate with participants in the community, and periodically hold technical exchanges with enterprise customers, suppliers, regulatory agencies, and third-party service providers.

  1. Compensation and Nomination Committee

Responsible for the selection and appointment of key management personnel of the Foundation. The committee establishes procedures for deliberation, assesses the competence of management personnel, and authorizes appointments. It also designs a compensation system to motivate individuals who make significant contributions to the Foundation. The Compensation and Nomination Committee regularly evaluates the performance of all members of the Foundation, proposes adjustments to the human resources structure, and introduces different incentive measures to attract and retain talented experts.

  1. Public Relations Committee

Aiming to serve the community, the Public Relations Committee is responsible for the technical promotion of the CriptoAuge exchange, the establishment and maintenance of business alliances with the CriptoAuge exchange, collaboration and resource exchange with alliance partners, commercial promotion and publicity of CriptoAuge, and community crisis PR and social responsibility. The committee is in charge of regular press conferences, announcements of important matters to the outside world, and Q&A sessions. In case of events that affect the Foundation's reputation, the Public Relations Committee will act as a unified communication channel to release authorized responses.

  1. Supervisory and Management Committee

As a highly independent and self-governing entity, the Supervisory and Management Committee is established within the Foundation to independently oversee and manage risks associated with the Foundation's overall operations. The committee provides daily guidance to the Foundation's legal and compliance departments. Additionally, the Foundation has established a transparent and open reporting mechanism, directly handled by the Supervisory and Management Committee, to receive internal and external reports and take corresponding investigative and improvement actions. This ensures that the Foundation's operations remain fully compliant and legal, and progress within acceptable risk levels. The Supervisory and Management Committee reports directly to the Strategic Decision-making Committee and does not overlap or conflict with other functions of the Foundation.

  1. Other Functional Departments

The Foundation, modeled after corporate structures, establishes daily operation departments such as human resources, administration, finance, marketing, and R&D (or laboratory) units. These functional departments are set up to maintain the normal operation of the CriptoAuge exchange and directly engage with relevant stakeholders in the business community.

6.3 Compliance Construction

CriptoAuge operates globally, and in addition to the current MSB and SEC licenses obtained in the United States, it will actively apply for financial regulatory licenses for global market entities, such as ASIC, SCB, CMA, CySEC, FCA, BaFin, and DFSA, to continuously promote global compliance construction.

CriptoAuge acknowledges the importance of complying with all relevant laws, rules, regulations, policies, and standards. It is committed to maintaining strict management discipline and top-notch controls within a compliant environment. As a regulated entity, CriptoAuge will meet stringent financial standards, including capital adequacy ratios and audit requirements.

  1. ASIC

ASIC is the statutory regulator of financial services and markets in Australia, essentially a regulatory body known as the Australian Securities and Investments Commission, established in 2001 under the Australian Securities and Investments Commission Act. The agency independently exercises regulatory functions over companies, investment activities, financial products, and services according to the law. The Australian Securities and Investments Commission is the regulator of the Australian retail forex industry. ASIC is dedicated to safeguarding the reputation and health of the Australian economy, ensuring that the Australian financial market is fair and transparent, and has received strong support from confident and professional investors and consumers.

  1. SCB

The full English name is the Securities Commission of The Bahamas, which is an important financial regulatory authority in the Bahamas. In recent years, its regulatory authority has been highly recognized by global markets and investors, attracting significant attention and acclaim within the industry. Its key functions include regulating the behavior of financial service companies such as funds and securities, and formulating relevant laws and regulations to ensure the market operates in a fair, healthy, and orderly environment.

  1. CMA

The UK Competition and Markets Authority (CMA) announced the establishment of the Digital Market Unit on April 7, 2021, to prevent digital technology giants from using their market dominance to stifle competition and innovation. The new department is set up within the CMA. The CMA's principles aim to guide the ongoing development and use of financial management services to help people, businesses, and the economy fully benefit from innovation and growth.

  1. CySEC

The Cyprus Securities and Exchange Commission (CySEC) is the financial regulatory authority of Cyprus. As a member of the European Union, CySEC's financial regulation and operations align with the EU's MiFID financial framework. A large number of overseas forex retail brokers and binary options brokers are registered with CySEC. CySEC's responsibilities include regulating and controlling the Cyprus Stock Exchange and its transactions, listed companies, brokers, and agents. It also regulates and controls licensed investment service companies, private funds, investment advisors, and public fund management companies. It issues licenses to investment companies, including investment advisors, brokerage firms, and agents. It manages the market and penalizes violations by brokers, agents, and investment companies. At the same time, it also penalizes individuals or legal entities that violate regulations.

  1. FCA

The Financial Conduct Authority (FCA) is responsible for regulating banks, insurance, and investment activities, including securities. The UK is one of the countries with the most developed and robust financial services in the world, and the FCA strictly regulates all financial institutions registered within its jurisdiction. The FCA's tolerance for risk will be lower than that of the FSA and will be more inclined to take preventive measures rather than allowing harm to occur. This approach will also mean more reliance on judgment, using professional expertise to assess whether consumer harm is likely to occur, and intervening based on such forward-looking analysis.

  1. BaFin

BaFin, the Federal Financial Supervisory Authority of Germany, was established on May 1, 2002, and integrates the Federal Banking Supervisory Authority (BAKred), the Federal Insurance Supervisory Authority (BAV), and the Federal Securities Supervisory Authority (BAWe), representing a fully integrated regulatory model. It consolidates the offices of the previous Federal Banking Supervisory Authority (BAKred), Federal Insurance Supervisory Authority (BAV), and Federal Securities Supervisory Authority (BAWe) into a single financial supervisory authority, integrating the functions of regulating the banking, financial services, and insurance sectors. BaFin is a federal agency governed by a minister from the Federal Ministry of Finance under public law, possessing legal characteristics. It has two offices located in Bonn and Frankfurt, overseeing 2,700 banks, 800 financial service providers, and over 700 insurance institutions.

  1. DFSA

The DFSA, Dubai Financial Services Authority, is an independent financial services regulator in the Dubai International Financial Centre. It regulates 580 entities, 445 authorized firms, 117 Designated Non-Financial Businesses and Professions (DNFBPs), 16 registered auditors, and 2 authorized market institutions. The DFSA's regulatory authority includes asset management, banking and credit services, securities, collective investment funds, custodial and trust services, commodity futures trading, Islamic finance, insurance, international stock exchanges, and international commodity derivatives exchanges. In addition to regulating financial and ancillary services, as the only independent financial services regulator of the Dubai International Financial Centre (DIFC), the DFSA is also responsible for overseeing and enforcing anti-money laundering (AML) and counter-terrorism financing (CTF) requirements applicable to the DIFC. The DFSA has also been authorized by the DIFC Registrar of Companies (RoC) to investigate matters involving DIFC company law and serious violations by DIFC companies and partnerships, providing remedial measures to registered service providers.

6.4 Platform Development Plan

  1. Phase One Plan

The focus of Phase One is on upgrading CriptoAuge's trading system, underlying architecture, and application functions. At the same time, it will release a white paper and initiate market operations to mature the CriptoAuge ecosystem.

  • The CriptoAuge exchange system will be fully launched, achieving international leadership in cryptocurrency trading and contract trading;
  • The number of users on the CriptoAuge exchange will exceed 10 million, initiating a global layout;
  • Centered in the United States, with operational hubs in Singapore, Japan, the UK, South Korea, and other countries and regions, it will radiate globally and actively promote the formation of a global business network, ultimately achieving business presence in over 120 countries and regions.
  1. Phase Two Plan

CriptoAuge's various business segments and ecosystem will be fully established, promoting on global media platforms and seeking more related enterprises and partners to join, thereby expanding the platform's influence.

  • Fully expand the platform, develop underlying blockchain technology, and build a technical system;
  • Promote and optimize through community collaboration, achieving viral marketing;
  • Upgrade global promotion, collaborating with major platforms to feature prominently on their homepages, significantly increasing visibility;
  • Co-build a community self-governance model, initiating preliminary contacts with major global enterprises to establish initial strategic partnerships;
  • Open a financing plan, aiming to attract capital globally and secure angel investments.
  1. Phase Three Plan

The CriptoAuge community will integrate various industries, organize a multilingual platform, and engage in global business collaboration, becoming a more competitive innovative digital asset international platform aimed at professional users worldwide. At the same time, it will continue to collaborate with top global communities and projects, actively promoting CriptoAuge's international influence. Create a convenient, borderless, censorship-resistant, and private cryptocurrency trading circulation system and infrastructure for cryptocurrency trading that serves billions of people globally, achieving borderless and unobstructed asset circulation for digital currencies.