Project Whitepaper

DISCLAIMER

GENERAL INFORMATION

The ThaneCoin does not have the legal qualification of a security, since it does not give any rights to dividends or interests. The sale of ThaneCoin is final and non-refundable. ThaneCoin are not shares and do not give any right to participate to the general meeting of Thane Property Investments Ltd.’s board of director. ThaneCoin cannot have a performance or a particular value outside the ThaneCoin Platform. ThaneCoin shall therefore not be used or purchased for speculative or investment purposes. The purchaser of ThaneCoin is aware that national securities laws, which ensure that investors are sold investments that include all the proper disclosures and are subject to regulatory scrutiny for the investors' protection, are not applicable. Anyone purchasing ThaneCoin expressly acknowledges and represents that she/he has carefully reviewed this white paper and fully understands the risks, costs and benefits associated with the purchase of ThaneCoin.

KNOWLEDGE REQUIRED

The purchaser of ThaneCoin undertakes that she/he understands and has significant experience of cryptocurrencies, Blockchain systems and services, and that she/he fully understands the risks associated with this as well as the mechanism related to the use of cryptocurrencies (incl. storage). ThaneCoin shall not be responsible for any loss of ThaneCoin or situations making it impossible to access ThaneCoin, which may result from any actions or omissions of the user or any person undertaking to acquire ThaneCoin as well as in case of hacker attacks.

RISKS

Acquiring ThaneCoin and storing them involves various risks, in particular the risk that ThaneCoin may not be able to launch its operations and develop its Blockchain and provide the services promised. Therefore, and prior to acquiring ThaneCoin, any user should carefully consider the risks, costs and benefits of acquiring ThaneCoin in the context of this whitepaper and, if necessary, obtain any independent advice in this regard. Any interested person who is not in the position to accept or to understand the risks associated with the activity (incl. the risks related to the non-development of the ThaneCoin platform) or any other risks as indicated in this Terms & Conditions should not acquire ThaneCoin.

IMPORTANT DISCLAIMER

This white paper shall not and cannot be considered as an invitation to enter into an investment. It does not constitute or relate in any way nor should it be considered as an offering of securities in any jurisdiction. This white paper does not include or contain any information or indication that might be considered as a recommendation or that might be used as a basis for any investment decision. ThaneCoin are just utility tokens which can be used only on the ThaneCoin platform and are not intended to be used as an investment.

The offering of ThaneCoin on a trading platform is done in order to allow the use of the ThaneCoin platform and not for speculative purposes. The offering of ThaneCoin tokens on a trading platform does not change the legal qualification of the tokens, which remain a simple means for the use of the ThaneCoin platform and are not a security. ThaneCoin is not to be considered as an advisor in any legal, tax or financial matters. Any information in the white paper is provided for general information purposes only and ThaneCoin does not provide any warranty as to the accuracy and completeness of this information. ThaneCoin is not a financial intermediary according to Swiss law and is not required to obtain any authorization for Anti Money Laundering purposes. Acquiring ThaneCoin shall not grant any right or influence over ThaneCoin’s organization and governance to the Purchasers. Regulatory authorities are carefully scrutinizing businesses and operations associated to cryptocurrencies in the world. In that respect, regulatory measures, investigations or actions may impact ThaneCoin’s business and even limit or prevent it from developing its operations in the future. Any person undertaking to acquire ThaneCoin must be aware of the ThaneCoin 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 ThaneCoin acknowledge and understand that neither ThaneCoin nor any of its affiliates shall be held liable for any direct or indirect loss or damage caused by such changes. ThaneCoin will do its utmost to launch its operations and develop the ThaneCoin platform. Anyone undertaking to acquire ThaneCoin acknowledges and understands that ThaneCoin does not provide any guarantee that it will manage to achieve it. They acknowledge and understand therefore that ThaneCoin (incl. its bodies and employees) assumes no liability or responsibility for any loss or damage that would result from or relate to the incapacity to use ThaneCoin, except in case of intentional misconduct or gross negligence.

REPRESENTATION AND WARRANTIES

By participating, the purchaser agrees to the above and in particular, they represent and warrant that they:

● have read carefully the terms and conditions attached to the white paper; agree to their full contents and accept to be legally bound by them;

● are authorized and have full power to purchase ThaneCoin according to the laws that apply in their jurisdiction of domicile;

● live in a jurisdiction which allows ThaneCoin to sell ThaneCoin through a without requiring any local authorization;

● are familiar with all related regulations in the specific jurisdiction in which they are based and that purchasing cryptographic coins in that jurisdiction is not prohibited, restricted or subject to additional conditions of any kind;

● will not use ThaneCoin for any illegal activity, including but not limited to money laundering and the financing of terrorism;

● have sufficient knowledge about the nature of the cryptographic coins and have significant experience with, and functional understanding of, the usage and intricacies of dealing with cryptographic coins and currencies and Blockchain-based systems and services;

● purchase ThaneCoin because they wish to have access to the ThaneCoin platform;

FORWARD LOOKING STATEMENTS

All statements contained in this White paper, statements made in press releases or in any place accessible by the public and oral statements that may be made by ThaneCoin or their respective directors, advisors, executive officers or employees acting on behalf of ThaneCoin, that are not statements of historical fact, constitute “forward looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”,

“will” or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding ThaneCoin financial position, business strategies, plans and prospects and the future prospects of the industry which ThaneCoin is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to ThaneCoin’s revenue and profitability, prospects, future plans, other expected industry trends and other matters discussed in this White Paper regarding ThaneCoin are matters that are not historic facts, but only predictions. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of ThaneCoin to be materially different from any future results, performance or achievements expected, expressed or implied by such forward-looking statements. These factors include, amongst others: (a) changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in ThaneCoin conducts its respective operations; (b) the risk that ThaneCoin may be unable or execute or implement their respective strategies and future plans; (c) changes in interest rates and exchange rates of fiat currencies and cryptocurrencies; (d) changes in the anticipated growth strategies and expected internal growth of ThaneCoin; (e) changes in the availability and fees payable to ThaneCoin in connection with their respective businesses and operations; (f) changes in the availability and salaries of employees who are required by ThaneCoin to operate their respective businesses and operations; (g) changes in preferences of participants of ThaneCoin; (h) changes in the future capital needs of ThaneCoin and the availability of financing and capital to fund such needs; (i) war or acts of international or domestic terrorism; (j) occurrences of catastrophic events, natural disasters that affect operations of ThaneCoin; (k) other factors beyond the control of ThaneCoin; and (l) any risk and uncertainties associated with ThaneCoin and its businesses and operations, including the tokens.

Introduction

In 1920 the Tory MP Noel Skelton coined the phrase “property owning democracy”. In 1975 in her first speech at the Tory Party conference Margaret Thatcher declared her belief in this. She believed that everyone in Britain should own the property they lived in. She created the right to buy idea and gave the opportunity to council flat tenants to at last buy the homes they lived in. So the belief that a property was something you lived in, went to work from, and played with your children in the garden started slowly to change. Property all of a sudden became an asset. Michael Heseltine, put it later: "Home ownership stimulates the attitudes of independence and self-reliance that are the bedrock of a free society." Every working man and woman started to dream about owning their own property. Owning their own property slowly became the norm. From the day one started working their goals became to find a partner, get married then work towards owning their own home. The property they bought went up in price naturally this gave them the extra cash flow they needed. People started to take a portion of their investment and used it for certain luxuries they couldn’t afford before. They started to go on holidays to faraway places they never thought they could go before. Life was good. Home ownership in Britain grew from 55% of the total population in 1980 to 67% in 1990. In 2003 it peaked to 70.9%.

In mid 1980s the interest rates slowly started to rise. In 1988 the interest rate went up to 10% and kept on rising. The autumn of 1989 the interest rates went as high as 15%. In the autumn of 1990 Britain went into a recession for the first time since the great depression of the 1960s. People started to lose their jobs and this made them unable to pay their mortgages. Banks had no option but to reposes their properties. The recession lasted till 1993. Many people’s dreams were shattered. They lost the only thing they worked for all their life to the banks. People started rioting in the streets. Birmingham, Bristol, Oxford, Tyneside and Cardiff reacted to unemployment. Once major thriving towns were reduced to ghost towns with unemployment. The property market crashed. Those who had money bought a second home as an investment. People needed a place to stay so the rental market started to boom. Then again in 2007 the global economy started to shrink. Britain again went into a recession until 2012. Again more people lost their homes. Thriving towns were again reduced to ghost towns. In 2016 the property ownership fell to 62.9%. Once a dream for the everyday working man to one day own his own property slowly started to disappear. Property prices reached a level where only rich overseas buyers could afford properties in London and the major cities. Kids never left their parents’ home even after started working. They simply couldn’t afford to buy a property with their own salaries. Government tried to introduce many schemes to encourage first time buyers to buy their own homes. Only a handful could get in the so called property ladder. In 2009 a man named Satoshi Nakamoto mined the first block of Bitcoin of 50 coins. While the Chancellor was announcing the second bailout to the banks Satoshi sent 10 Bitcoins to a programmer in the USA by the name of Hal Finney. It was the first ever Bitcoin transaction. After few obstacles and hiccups in 2011 the Bitcoin as we know it today emerged in a purer form. Since then other cryptocurrencies has started to evolve based on the Bitcoins open source code. Most notably Ethereum was created by a man named Vitalik Buterin through an online crowdsale. An open source Blockchain based distributed computing platform and operating system featuring smart contract was created. Bitcoin needed a scripting language for application development whereas Ethereum had a more general scripting language. It made it easy for others to create various applications using the Ethereum Blockchain. Today anyone with basic knowledge of computing can create an application based on the Ethereum Blockchain protocol. In 2014 the first Ethereum based crowdsale known as the ICO was conducted. It raised $2.3 million in its first 12 hours. Since then there has been many Initial coin offerings and currently there are more than a 100 new coins created and offered for crowdsale a week. In 2014, Jed McCaleb, founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Before the official launch, McCaleb formed a website called "Secret Bitcoin Project" seeking alpha testers. The nonprofit Stellar Development Foundation was created in collaboration with Stripe CEO Patrick Collison and the project officially launched that July. Stellar was released as a decentralized payment network and protocol with a native currency, stellar. The cryptocurrency, originally known as stellar, was later called Lumens or XLM. In August 2014, Mercado Bitcoin, the first Brazilian bitcoin exchange, announced it would be using the Stellar network. By January 2015, Stellar had approximately 3 million registered user accounts on its platform and its market cap was almost $15 million.[

Solution

Our Aim is to create a decentralised token on the Stellar Platform and use the proceeds to purchase residential and commercial properties for the rental market. The rental income is used to purchase more properties since there are no mortgages on the properties. A percentage of the rental income is used for maintenance and day to day running of the company. The advantage of owning properties without a mortgage is that the company won’t get into any difficulty even during recession which seems to repeat every 10 years since 2008. No debts therefore no need to pay anyone. No properties lost to the banks. During the next recession the tenants of the property who loses their jobs or for any reason unable to pay the rent can work out a payment plan with the company and remain in their rental properties. Since we don’t have to pay anyone any money we can work out a reasonable payment plan till the country recovers from the recession. Nobody gets kicked out of their properties meaning everyone is happy. We are planning to issue 91,000,000 tokens. With the proceeds we start purchasing properties. The properties are then rented. The rental income is used to purchase more properties. The value of the 91,000,000 now increases with the additional properties purchased.Imagine living in a world where the value of your money is stable. The beauty of the decentralised world.

Houses that are being repossessed will be bought from the mortgage companies before being repossessed and a reasonable rental agreement will be arranged with the owner and the property owners allowed to live in their own houses. A private independent property valuation company will be asked to value our assets every six month and the results will be published on our website. This not only gives assurance to our investors it also gives us an indication of where the company is heading.

Token Distribution

The Tokens are distributed into 5 categories. 93% of Tokens for Investments, 0% of Tokens for the Team, 5% of Tokens for Management, 1% of Tokens for Charities & finally 1% of Tokens for Marketing.

Charities

We have chosen Crisis, Centrepoint & the Prince's Trust to help. They were chosen for their tireless work to help the homeless in the UK. Our Token allocation for charities will be devided equally among the chosen charities.

School children over the age of 16 will be asked to volunteer with the homelessness charities and in return their schools will be rewarded with extra-curricular goods.

Investments

93% of the Token sale funds will be used to buy residential and commercial properties in the UK for the rental market. Also affordable properties will be built. Our properties will never have any mortgages or loans attached to them.

Management

Thane Property Investments Ltd will act as the Management Company and oversee the whole of the operations

Our Partners

We are speaking to companies that are truely decentralised to form partnerships with them. If you are a decentralised company and wish to join us please feel free to contact us.

Conclusion

We have created the foundation for the project. It is now only possible if we sell enough Tokens to secure the properties we need to see this project through. We need your support for this. We need you to buy the Tokens so that we can start buying the properties we need to help those who need our help. So buy ThaneCoin TPI but please only buy what you an afford. We thank you for your interest in our projet and we hope you will tell your friends and family about what we are trying to ahieve. Unlike BitCoin our Tokens are Fast to transact (seconds), Cheaper to send (low gas) and could be swapped to any Stellar based Tokens on the Stellar wallet

To give everyone a chance to buy a Token we have set no minimum purchase amount. However the users will need 1 XLM to use the Stellar wallet and 0.5 XLM to create Trustlines for each asset they wish to hold.