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Category: economicseconomics

Economic overview of the project

1.

Economic overview of the project
September 2018

2.

Products overview
Data storage
STEEL Messenger
Encrypted anonymous messenger with
verifiable privacy, PGP algorithm for text
and AES for audiocalls. Unified app for all
desktop and mobile platforms, also enables
node function.
Antivirus
Payment system
for cryptocurrency and token storage and
transfers.
Decentralised P2P network, incentivised by STEEL
token.
Blockchain-based solutions
Blockchain
Freemium pricing model
Messenger use options
Free mode
Distributed data storage, formed by unlimited
number of servers, where anyone can provide or
rent disk space and securely transfer data.
Blockchain-based flexible adaptive protection
system, which detects invasions of private data,
searches and corrects defective settings of the
security
system.
Each messenger account has build-in wallet
Pro mode
Premium mode
Maximum speed
Medium speed
Low speed
Privacy
Strong privacy
Ultimate privacy
TOR network
10-100 nodes
100 - max nodes
PGP Encryption
PGP Encryption
Double PGP Encryption
Invisible
Alarm function
texting
Clans with creator’s broader powers
Random keyboard
adjustment
Uneditable messages
White Noise optional
Antivirusfeature
blocks all other
Invisible
Alarm function
texting
Clans with creator’s broader powers
Random keyboard
adjustment
Uneditable
channels during data
transmission
channels during data
transmission
messages
White
Noise optional
feature
Antivirus blocks all other
Invisible
Alarm function
texting
Clans with creator’s broader powers
Random keyboard
adjustment
Uneditable
messages
White Noise optional feature
Antivirus blocks all other
channels during data
transmission

3.

Market Overview & Trends - Messengers
Number of users in millions
Number of mobile phone messaging app users worldwide has
grown significantly and exceeded 2 billion users. In addition
Experts predict such growth in the near future
1 580
1 820
2 010
2 180
2 340
2 480
2016
2017
2018
2019
2020
2021
0
625
1250
1875
2500
% of respondents use daily
120,0
26
90,0
22,5
19
60,0
15,5
30,0
12
Q1' 17
Q2' 17
Q3' 17
Q4' 17
Q2' 18
Q1' 18
Messengers were successful as a
payment method.
They can be used for convenient
contactless payment as well
WhatsApp Case
4.5 Billion
photos shared daily
29,5
ways of communication. Chats are
now the dominant way of staying in
touch according to respondents
opinion
https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/
worldwide/
1.3 Billion
monthly active users
wallets has been growing since
the creation of the Bitcoin in
2009, reaching over 25 million
today
Source: Statista 2018. Number of
Blockchain wallet users worldwide
Sources:
Statista research. Number of mobile phone messaging app users 2018
https://www.statista.com/statistics/483255/number-of-mobile-messaging-users-
1 Billion
daily active users
Number of users in millions
An increasing number of people around the world are using messengers for everyday communication
In addition, many companies use messengers for corporative purposes and staff coordination. Applic
actively penetrate into human life
The number of Blockchain
Messenger’s usage is challenging
55 Billion
messages sent daily
1 Billion
videos shared daily
Source: WhatsApp official announcement. Connecting One Billion Users Every
Day https://blog.whatsapp.com/10000631/Connecting-One-Billion-Users-Every-Day?
86,0
75,0
73,0
70,0
0,0
Messengers
SMS
Source: OnDeviceResearch. Messenger
Wars
https://ondeviceresearch.com/blog/messenger-wars-how-facebook-lost-itslead
WeChat, KakaoTalk & Line are
planning to launch their own
blockchain platform
Transaction volume (USD billions)
11.
6
12000
2012
2017
Sources: Better than Cash Alliance China
Report 2017. Research on Fintech and
Payments in China.
https://ru.scribd.com/document/346080647/better-than-cash-alliance-china-report-april-2017-1
1438% percent
growth from the
launch
1.78
Total value ($bln) of
its monthly
transactions
Sources: Korea Herald. Korea’s mobile payments market
grows in both offline, online
http://www.koreaherald.com/view.php?ud=20180403000679

4.

Market Overview & Trends - Data Storage Services & Cyber security market
In the context of the Internet spreading, increasing mobile devices number and corporate clients, as
as the number of internet users, the demand for data warehouses and cloud services is growing rapid
Users’ multimedia preferences and companies needs increase the volume of stored information
The global volume of Internet traffic will triple by 2021 and
will reach 3.3 zettabytes. This data needs to be stored somewhere
4500
4,0
3600
3,3
2,7
1,3
ZB
The number of Internet users has exceeded 54% of the world's
population. Everybody of them requires protection and data storage.
1,2
1,5
1,8
2,2
2700
2,7
2802
3079
3366
3696
4156
1800
900
0
0,0
2016
2017
2018
2019
2020
2021
Millions
2014
2015
2016
2017
2018
Sources: Internet WorldStat
Source: Visual Network Index Forecast, Sisco
https://www.internetworldstats.com/stats.htm
https://www.cisco.com/c/en/us/solutions/collateral/service-provider/visual-networking-index-vni/vni-hyperconnectivity-wp.html
The cyber security segment is expected to grow at the highest
CAGR from 2018 to 2023
The main reasons why people go to the cloud
storages
Encryption solutions offer consistent protection to sensitive data across all critical points
in the entire lifecycle. These solutions enable enterprises to hide their critical data
300
Cyber security market volume forecast ($blns)
200
100
137
153
169
188
209
231
0
2017
2018
2019
2020
Sources: Size of the cyber security market worldwide. Statista 2018
s://www.statista.com/statistics/595182/worldwide-security-as-a-service-market-size/
2021
2022
No need to purchase
complex equipment
Worldwide reliable
access
Flexibility and
scalability

5.

Market Overview & Trends - Data Storage Services & Cyber security market
Advantages and usability of cloud solutions allow industry to take a significant market share and cont
to grow with with a fast growth rate. More companies are choosing this way of storing information.
Increase of the cloud solutions market is caused by
companies’ interest and more profitable use in
comparison with the classical methods of storage and
information
Global market share of cloud infrastructure services
in 2017, by vendor
Amazon Web Services - 34%
Microsoft - 13%
IBM - 8%
Google - 6%
Alibaba - 4%
Volume in USD billions
400
383,4
332,7
300
287,8
200
246,8
209,2
https://www.statista.com/statistics/477277/cloud-infrastructure-services-marketshare/
Global cloud traffic will reach 95% of total traffic by 2021
With an annual increase (CAGR) for this period will be
27%
5%
100
0
2016
2017
2018
2019
2020
35%
65%
Sources: Gartner, Worldwide cloud service forecast
https://www.gartner.com/en/newsroom/press-releases/2017-02-22-gartner-says-worldwide-publiccloud-services-market-to-grow-18-percent-in-2017
95
%
2017
Cloud
Server
Cisco Global Cloud Index 2016-2021
http://www.tadviser.ru/index.php/Статья:Облачные_вычисления_%28мировой_рынок%29
2017

6.

Competitors overview - Messengers
Payment System features Messengers features
Functionality
Telegram
WhatsApp
Slack
KakaoTalk
Discord
End-to-end
encryption
Yes
Yes
No
No
No
No
Personal distributed
data storage for
users
Yes
No
No
No
No
No
P2P WORLDWIDE
SAFE Money
Transfer
Yes
No
No
No
No
No
Ability to store
cryptocurrency
Yes
No
No
No
No
No

7.

Competitors overview - Data Storage Services
Functionality
Blockchain features
Antivirus features
Data Storage features
SIA
Google Drive
Amazon Cloud
Possibility of renting out
a storage with stake
economy model
Yes
No
No
No
No
Independence and
autonomy of nodes for
storage
Yes
Yes
No
No
No
Direct data transfer
without ability to throw a
virus
Yes
No
No
No
No
Automatic virus scan
Yes
No
Yes
No
No
Anonymous and safe use
Yes
No
No
No
No
Cheap blockchain usage
for business needs
Yes
No

8.

STEEL Cryptocurrency as a payment method for platform packages, fees and additional services
ays of using the STEELs as a payment instrument for services and fees:
Blockhain Network
Verification
Smart Contract
Payment
of
additional
packages,
services
and
platform
subscriptions
The user of the platform has the opportunity to purchase an additional package of
messages, as well as purchase an unlimited number of messages for a certain time.
Using the STEELs, user can purchase additional services like stickers, sound effects
and access to a professional mode
Payment for corporate services, enterprises and brands
Enterprises and companies are able to purchase for corporate chats for interaction
between employees of different departments and increasing the effectiveness and
safety of communication.
Payment of commission fees for the SISHUB blockchain network
The use of network capacity implies payment of commission fees for transactions in
STEEL Cryptocurrency. Commission model guarantees the demand for STEEL
Cryptocurrency from the network users and developers. Projects implemented within
our network will be forced to pay for transactions in STEEL Cryptocurrency.
Messenger users
Corporate users
Users of blockchain
network
Demand for STEEL Cryptocurrency in accordance with users’ needs
Steel Messenger
Services
Packages
Transactions
STEEL
Cryptocurrency
Platform’s
Customers
Fiat Money
Cryptocurrencies
STEEL
Cryptocurrency
Crypto
Exchange
SISHUB’s
Application

9.

STEEL Cryptocurrency as a monetary unit of the payment system and its monetisation
Monetary unit of SISHUB payment system
Every user of the platform can use STEELa for payment and accept STEEL
cryptocurrency as a method of purchase. STEEL cryptocurrency can be used as a
payment method in a line with other crypto-currencies available in the wallet
Advantages for shops agents that will
use the system
Platform user
Payment for
goods and services
An important part in the payment
system is played by corporate
users.
P2P
Money transfer
The ability to accept cryptocurrency in a
contactless way directly in the application
User’s crypto wallet
Making transactions using SISHUB wallet users must pay a commission fee, which will
be charged in the platform STEEL Cryptocurrency. If the user does not have the
required amount of STEEL cryptocurrency, then they will be automatically purchased by
cryptocurrency
Person with
crypto-wallet
Store that
accepts crypto
Platform User
STEEL
Cryptocurrenc
y
Commission
collecting fund
Additional customer flow among platform users
and STEEL Cryptocurrency holders
Cheaper acquiring fees in comparison with
banks and Lower Fixed System launch Costs
Corporate client needs only to:
Pay monthly
membership fee
in STEELs
Pay blockchain
transaction fees
in STEELs
Hold the fixed
amount of
STEEL
Cryptocurrency

10.

STEEL Cryptocurrency as a stake providing the operation of the network
Transactions must be verified and accepted for
Each user has the opportunity to receive a part of
providing the functioning of the SISHUB blockchain
the commission fees and profits earned by the
network, payment system and messenger. There must
platform.
operating master-nodes for the ensure trouble-free
Every user can make a stake and receive the
operation.
reward.
Stake
3
4
*
(commission fees +
profits)
Stake
*
Platform income
Total
network
stake
Rewards Fund
Reward
Platform’s
Customers
The formula for calculating the stake
reward
{
The keeping of STEEL Cryptocurrency on the balance reduces
commissions
The increase in the number of network users, the number of
transactions, increases the advantageous of receiving rewards,
the beneficial of the steak and the potential profit of asset
holding. In case of STEEL Cryptocurrency’s holding
attractiveness raise, in the market there may be a decline in
supply and a deficit situation
Reward
Commission fees
Payment for services
Services
Pool of nodes
Steel Messenger
25% of the income will be used to
support the functioning of STEEL
ecosystem.
75% of the income will be distributed
proportionally between all nodes.

11.

STEEL Cryptocurrency as the monetary unit of Data Storage Service
Owners of extra data storage are able to lease the storage to platform users and earn STEEL. They can
lease the repository directly to users. Platform customers receive a unique opportunity to rent a storage
directly and without intermediaries paying only the commission of the network.
STEEL Cryptocurrency
STEEL
Cryptocurrency
Main areas of Data
Storage services use
Data Storage
Leaser
SISHUB Data Storage
Service
Data store
Data store
Data Storage
Provider
Use of the service implies only the payment of the
network commission. All interactions occur directly
To ensure the stable operation of service, servers’ owners must provide STEELs as collateral,
that will increase their incentives for conducting data storage responsibly. In case of shutting
down the storage provider will lose the collateral.The beneficial of service among providers will
increase demand for STEEls.
Pull of Data Storage
service’s STEELs
Colateral
Reward
Data Storage
Provider
Service Revenue
Data Storage
Leaser
Payment for service
SISHUB Data Storage
Service
Commission
Network fees
Retail and FMCG
companies
Multimedia and
media platforms
Banks and
financial services
Consulting and
audit companies
Corporate users’ migration
factors to the cloud storages
is the economic feasibility,
convenience and reliability
Sources: Gartner, CnAnalytics

12.

Scheme of the STEELs’ circulation in the SISHUB ecosystem
Profit
SISHUB's
Wallet
Payment for
Services
Commission
Fees
Reserve Fund
of SISHUB
Platform’s
REVENUE
Comission
The amount of reserve
fund will formed at the
amount of collected
ICO funds,
commissions and
profits
Payment for transactions
within the SISHUB network
Reward for
nodes’ holders
SISHUB’s
SERVICES
Deposit of
STEELs for
running a
masternode
STEEL
Cryptocurrenc
y
STEEL
Cryptocurrency
SISHUB’s
SERVICES
Data storage
User’s crypto wallet
Messenger’s
User
Reward
Pull of Data Storage
service’s STEELs
Fiat Money
Cryptocurrencies
User’s crypto wallet
Messenger’s
Corporate User
STEEL
Cryptocurrency
Crypto
Exchange
STEEL
Cryptocurrency
Reward
Data store
User’s crypto wallet
User’s crypto wallet
Data Storage
Leaser
Data Storage
Provider
Fiat Money
Cryptocurrencies
SISHUB’s
Application
STEEL
Cryptocurrency
Hold of STEELs as a
сollateral instrument for
providers without reputation

13.

Public market
Economic model of SISHUB project endows STEEL cryptocurrency with intrinsic value and
correspondingly creates mechanisms for increasing the market demand, the liquidity and
decreasing the market supply.
Stake requirements for
Direct purchases of services on the platform still
All ICO proceeds is exchanged to
fiat currency to lower STEEL
price’s exposure to systematic risk
of cryptocurrency market
affect the market, since SISHUB exchanges such
earnings to STEEL cryptocurrency and use them to
finish the transactions
Platform’s
Customers
masternodes stimulate holding,
that consequently decreases
market supply
Crypto of fiat currency
Services
Decrease of
supply
Additional
demand
67,3
66,2
66,1
65,7
65,3
Cryptomarket
STEEL
cryptocurrenc
y
200
500
1000
1900
25000
10% of ICO proceeds are holded to
Reserve Fund and are used to crease
additional market demand during serious
drawdowns
Additional
demand
7000
4000
200
140
100
65,1
65,0
64,7
64,2
63,8
Decrease of supply
Some investors have special
STEEL hold agreements for 6Reserve Fund
18 months
The growth of circulation value of STEEL will result in the increase of its value to each member with each addition agent. Moreover,
the value of STEELs will be determined by willingness of people to accept them as payments for goods and services. In this way,
the marker rate of STEEL cryptocurrency is economically rigidly correlated with the number of users of the SISHUB ecosystem and
its’ development as a project.

14.

Additional paid services for users - Monetisation of the platform
STEEL name service
Users and corporate clients of the platform receive the opportunity to
receive a unique and usable address of the wallet, which will be used
for communication and financial transactions.
Ordinary SISHUB’s blockchain account address:
Additional paid services
for brands and corporate clients
Creating a unique chat design
with special colours and fonts
0x32Be343B94f860124dCk4fEe278FDCBD38C102D88
Special SISHUB’s blockchain account address purchased in name service:
Ordinary User @username
Corporate Client
@brandname
Distribution of names will occur through an auction. Each user sends a
request for a specific name, after which the auction begins. The stack
that will be greatest after 7 days receives private keys to this name.
Users make bets for the current name
Each company or brand can order
the development of its own unique
design solutions from the SISHUB.
Such a solution will increase the
loyalty of employees and customers.
Creating and supporting a corporate
channel with the latest news and
promotions
Wins the maximum amount
The advantages of a personal name
Human readable format
Important image component
for brands for brands
Less probability of making
mistake in name
Brands have the opportunity to create a
corporate official channel, in which buyers
can get the latest news, as well as get
24/7 support

15.

Benefits and advantages of STEEL cryptocurrency usage
Participation in the distribution of fees
Each holder of STEEL cryptocurrency gets the unique opportunity to receive passive income, which is
equal to his share of the steak in the total steak. An increase in aggregate commission increases the final
amount of the reward received.
Paying STEELs allows users to use the services and infrastructure of the platform
cheaper
Payment transactions, financial services and the use of the blockchain network using STEELS more
beneficial and cheap in comparison with credit card payment and other cryptocurrencies.In this case, there
are no commissions of intermediaries and payment gateways.
More advantageous payment for goods and services from platform partners and shops
STEEL cryptocurrency allows you to pay for purchases in partners who accept cryptocurrency. Due to the
use of their own payment infrastructure, companies get cheaper acquiring, which will allow making
commissions lower. STEEls currency also allows you to form a pool of loyal customers
Receiving bonuses and cashback for using STEELs as payment
For those users and customers who use to pay for services and goods in everyday life, there are cumulative
loyalty programs, bonuses and increased cashback due to the absence of a commission of financial
acquiring. Companies share money saved with customers
The ability to use as a transfer of value over the world with minimal commissions and safe
STEELs can be used as a transferable value around the world. Thanks to a secure and fast infrastructure,
users can make payments with minimal fees. Such assets cannot be tracked and seized by third parties.
This increases their attractiveness.

16.

SWOT analysis
Strengths
Unique functions (Alarm, White Noise, Keyboard randomiser,
Channels blocker, Double PGP)
Project addresses joint of growing markets - messengers,
cybersecurity, data storage, cryptocurrency and online
payments
Weaknesses
Low operational speed
ICO market cool down
Expensive marketing
Pricing below market
Internal payments are made with uncommon
STEEL cryptocurrency
Strong experienced team
Vague legal framework for cryptocurrencies
Opportunities
Threats
Increase of the technology’s interest and awareness of the
secure information storage methods importance
Competition between platforms that develop blockchain
solutions and distributed data storage
Growth in market volumes and the number of users
Lack of legal framework for the use of smart contracts
by counterparties in resolving of litigations
The ability to work with clients around the world and receive
payment using cryptocurrency and Steel cryptocurrency
The importance of the network effect in the development
and attraction of a critical mass of users
Lack of blockchain solutions for corporate clients in the market
(B2B)
High volatility of the cryptocurrency market and its
susceptibility to various news related to government
regulation
Opportunity of reducing data storage expenses and ease of
setting up cloud solutions
Strong and well-known competitors in the market with
significant R&D budgets and political lobbies
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