Turn Your Idle Reward Points Into Crypto

Let Cryptocurrency unlock the Value of Loyalty and Rewards Points Systems

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Content

1 - EXECUTIVE SUMMARY

2 - MARKET GAPS

3 - DRAGONBITE ECOSYSTEM

4 - DRAGONBITE APP UI

5 - OUR BRIDGES TO REALITY

6 - TECHNOLOGY

7 - DRAGONBITE TOKENOMICS

8 - DRAGONBITE TEAM

9 - CONCLUSION

10 - DISCLAIMER OF LIABILITIES

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Executive Summary

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Executive Summary

The value of Digital Assets is surging. Deloitte’s research shows that the market capitalization in 2020
was USD 1.6 trillion: this includes $703 billion in gift cards, $564 billion in cryptocurrency, $316 billion
in loyalty points/mileages, and $50 billion in gaming.
(Maintaining customer loyalty during uncertainty | Deloitte Global)

Unfortunately, all these assets are scattered across different programs, with different expiration dates,
different passwords and different inherent values. Until now, there has been no single platform which
allowed them to be assigned a value, consolidated, exchanged and used whenever and however the
owners desired. Until now, consumers have been frustrated, as they often do not have enough points
to redeem the goods they like, or the points expire before they can be used. Often, the utilization rate
of these reward points is just 7%.

Loyalty Program Operators (“LPO’s”) also make it difficult for members to transfer points between one
another and create many challenging hurdles to redemption.

DragonBite is a disruptive loyalty ecosystem with decentralized governance that allows our members
to convert their reward points to digital assets, including points, coupons and cryptocurrencies, and
vice versa. DragonBite leverages the latest blockchain technology which connects one member with
excess rewards to another member who wants more.

DragonBite aims to provide a one-stop-shop for members to man age different types of digital assets
with “one app, one password”. As a result, their digital assets will not be forgotten and wasted.

Our universal loyalty points (BITE point) can be exchanged and redeemed in more than 50,000
outlets including supermarkets, coffee-shops and other high-street merchant partners.

Importantly, we already have a large number of active members with strong buying power, which will
lead us to become the largest player in this space.

*source - Deloitte’s making blockchain real for customer loyalty rewards program 4
Executive Summary
ALL IN ONE DIGITAL ASSET PORTFOLIO
Managing your Digital assets & loyalty points in 1 Application

BUY
SELL
SEND
SPEND
CONVERT
Crypto | Gaming | Reward
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Points | Coupons | Cash
Market Gap

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Market Gap

1. Members get ripped off by centralized loyalty programs

According to our research, an average household enrols in over 25 Loyalty Programs, with an
average balance of around $4 per program. This means there are many different plastics cards, key
fobs, apps and passwords to keep track of. Customers are often frustrated not only because of their
account management but also the hurdles to redemption such as making awards flights essentially
unavailable, or award stays at hotels available only during off-peak times. Customers often do not
have enough points to redeem before the expiration date and have no choice but to let their points
expire worthlessly, or the rules change before they have a chance to redeem.

Most LPO’s make it difficult, if not impossible, for their customers to transfer points to other users.
They also set up hurdles such as Expiration dates to limit customer redemptions. Obviously, after
points expire, the LPO’s reap the benefits by reducing their potential costs of those redemptions (or,
stated another way, they can write off a potential liability).

DragonBite aggregates all reward points from many different accounts of our Members so they can
easily aggregate these digital assets and manage those in one app. They could also exchange them
freely or convert them into BITE Tokens. Because Bite Tokens never expire – they can lock in their
rewards and spend them more easily, how and when they want. Our members with extra loyalty
points can share, sell or transfer to other members and increase the redemption rate (currently only
7% in certain industries).

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Market Gap

2. Slow Mainstream Adoption of Cryptocurrency

Despite Bitcoin’s prevalence in financial news, most people still don’t use crypto in their daily lives. A
simple indicator of when crypto has reached widespread adoption is when more people have it on
their phones than don’t. That is nowhere in sight, based on today’s apps and technology. Dragonbite
aims to unlock the value of digital rewards trapped in people's phones. It’s not a goal to have
widespread crypto adoption – it’s a side effect.

As people begin to use our technology, they needn’t study blockchain user manuals, nor deal with
complicated hardware wallets. These are all level two skills for the more advanced crypto user.
DragonBite’s simple and straightforward value proposition – unlock value already on your phones, get
more stuff and go more places. The fact is – cryptocurrency will power this value proposition, and in
turn, Dragonbite will spur more mainstream adoption.

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Market Gap

3. Gaming Industry and Unlocking the True Value Digital Assets

Thousands of dollars locked in gifts cards, especially in online gaming, are lost each day. The gaming
industry has successfully monetized many of their virtual characters and assets, and those values are
affected by their uniqueness, scarcity and the popularity of the associated game - the greater the
demand, the higher the value. Currently, when it comes to assets selling, gamers resort to posting
ads on bulletin boards or other cumbersome means of direct selling. The problem with these
methods is that due to low demand (liquidity), usually the assets only sell with deep discounts. Take
the virtual game weapon as an example. Until now the value of a game asset is locked in the server
of the gaming company. However, once the game stops operating or the players leave the game, the
player loses. The assets become useless and worthless.

In the future stage of our developments, our goal is to unlock the value of gaming assets. Eventually,
we will allow BITE point as the common currency that would run across gaming platforms.
DragonBite will allow these digital assets turned into non-fungible tokens (NFT) through partnership,
allowing the player to obtain the true ownership of his weapon, and with it capturing the value of that
virtual asset, as he or she can trade it freely in the NFT auction marketplace.

Additionally, we would authenticate non-fungible assets with merchants and place them on an NFT
through partnership. Anyone can view the NFT's source, time of issuance, confirm the number of
issuances, owner history, transaction detail, which verification units take place and how many
transactions have occurred. The flow allows transparency and verifiability.

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Market Gap

4. Lack of new investors of new token offerings

There are lots of great innovations in the blockchain world, however, only 5% of the world population
owns cryptocurrencies. Mainstream adoption – aside from trading some of the more popular
cryptocurrencies hasn’t happened yet. A sign of adoption is when many people have apps on their
phones that have some cryptocurrency aspect. Because of this, often new tokens only find liquidity
from the relatively small class of investors who invest in these assets.

Converting idle air miles into cryptocurrencies would help the growth in the crypto world and attract
more new investors to bid on these crypto projects. Since DragonBite has a licensed payment
gateway, members could also purchase vouchers of DeFi products or participate in the token
generation event (TGE) for these companies.

BITE can be converted into cryptocurrencies and loyalty points. BITE can also be saved in our
unique DragonBite MasterCard then spent at 20 million merchants worldwide.

Importantly, DragonBite offers good crypto investment opportunities for small investors, aiming to
share the excitement with everyone.

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DragonBite Ecosystem

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DragonBite Ecosystem

Dual Token mechanism

DragonBite is a fully integrated ecosystem of decentralized financial services built on interoperable
technologies, and with many aspects of the ecosystem collectively controlled by its members. Its
governance mechanism is predicated upon 2 digital tokens called BITE and BITE Point

Token Feature Supply

BITE ● An incentive token for DragonBite Ecosystem Limited to a certain

● BITE will be rewarded to all activities in DragonBite fixed amount
Ecosystem
● Above activities include buying, selling, C2C trading,
converting and sending.
● BITE is also a publicly tradable financial asset.
● Business Activities will be charged with BITE into
DragonBite Ecosystem and distribute to users
through activities
● Business Activities include merchants advertising,
merchants vouchers issuing, loyalty points listing or
other available assets list on DragonBite for the
customer to buy
● BITE can be stored in the ecosystem as stake to
earn more BITE

BITE Point ● A medium of exchange between Digital Assets Will be issued

● Digital Assets include Loyalty Points, e-vouchers, based on the
Game Assets, NFTs and any assets on DragonBite increment of digital
Ecosystems Assets pool
● Each Digital Asset will be given a market value using
BITE Point
● Act as storage and valuation of token in DB wallet
● Coin value will be relatively stable (similar to USDT)
to assure that the exchange rate between different
tokens' value will not be too volatile
● Pegged 1:1 with the US Dollar

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DragonBite Ecosystem

DragonBite BITE - BITE

BITE is distributed to users as a reward for contributions made to the platform and provides access to
a variety of economic incentives. Contributions include, but are not limited to, buy, sell, trade, convert,
send digital assets within DragonBite Ecosystem.

DragonBite Point - BITE Point

BITE POINT acts as a medium of exchange between Digital Assets and provides liquidity to buyers
and sellers of their digital assets and it is pegged at 1:1 with USD.

While DAI can only use ERC-20 assets to back it, BITE POINT could be backed by any
cryptocurrency supported by the Polkadot network, which will include BITE, OM, DOT, RFuel KSM,
BTC, ETH as well as ERC-20 tokens, EOS, ADA, XTZ, etc. The specific assets that will be used in
practice will depend on the liquidity of the underlying asset and the selections by DragonBite’s
members via the community governance process.

Value proposition for different stakeholders

Members
Any holder of BITE can download the DragonBite app and validate the blocks by running the
DragonBite node. If a BITE holder provides the verification service to the community (Proof of Stake,
PoS), he/she will be rewarded by the community through the built-in blockchain reward mechanism.

DragonBite will support loyalty points, gift cards, digital assets and convert such loyalty points, digital
assets into BITEs and BITE POINTs.

We plan to support non-tokenized loyalty points in the near-to-mid-term but will also add custodial
staking-as-a-service for other PoS assets.

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DragonBite Ecosystem

BITE holders who stake BITE will be allowed to propose changes to the DragonBite ecosystem
including, but not limited to, the following:

• Invite new vendors (such as an airline, hotel, or other vendors where a user could earn rewards;
• A change to the functionality of the system – such as rules on transfers, redemptions, etc.
• A change to the economics in the ecosystem.

• Membership tiers | Adding additional staking assets | Adding merchant partners

Merchants
Merchants are from different industries. Airlines, hotels, banks, utilities and retailers can join the
ecosystem, by accepting our BITE POINT, regardless of their size and loyalty program history. An
exchange rate would be agreed upon between the merchants and DragonBite foundation depending
on how popular they want their reward points to appear in our ecosystem. Once the rate is agreed,
they will be pegged with BITE POINT and it can only be adjusted every 6 months.

Unlike most other closed-loop loyalty programs, DragonBite is friendly to merchants and would allow
merchants to leverage our platform for rewarding their customers as well as Online to offline
marketing campaigns purposes by purchasing and using BITE.

Additionally, merchants, who are retailers, airlines, utilities and banks, can become partners to
DragonBite and outsource their loyalty programs to DragonBite through our SaaS model. This could
cut down on their operational costs. Unlike other traditional loyalty programs, DragonBite can be used
to acquire new customers through joint-promotion programs with other merchants in cross-marketing
campaigns. They can also enhance their proposition by offering BITE POINT to their customers.

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BITE POINT can be used in 50,000+
merchants and partners

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DragonBite Ecosystem

Value proposition for different stakeholders

Liquidity Provider
Loyalty points of the individual merchant brands are converted to BITE POINT on the DragonBite
blockchain. Exchange Requests of Customers are matched on the decentralized exchange on the
DragonBite blockchain. However, exchanges of loyalty points through the blockchain can only
happen if there is a counterparty who is willing to take the opposite position. Hence, a liquidity
provider would be able to earn staking interest in the form of BITE POINTs. Blockchain operators
running a full node will be technically capable of taking on this counterparty role to provide exchange
opportunities on this decentralized exchange platform. In this way, it is also assured that the
exchange rates between the different loyalty programs will reflect utility and supply/demand
characteristics of the respective tokens. In the bootstrap phase of the DragonBite ecosystem,
DragonBite will be the validator to provide liquidity. Once the DragonBite nodes are available to the
public, additional exchange providers can and will join the Dragon Bite ecosystem.

Ecosystem Development
DragonBite develops and maintains the DragonBite mobile app, website and IT backend systems that
make it easy for merchants and customers to participate in the ecosystem. DragonBite will develop
the community by attracting, onboarding and servicing merchants. DragonBite will provide
off-the-shelf loyalty programs for merchants who currently do not have their own program and also
advise merchants with existing programs to improve their attractiveness (an SaaS offering).
Furthermore, DragonBite will provide merchants with access to superior data analytics and direct
interaction channels with their existing customers as well as prospects. DragonBite will be
compensated through fixed or variable service fees collected from the merchants. This business
model of loyalty program service provider is well established and proven in the loyalty industry today.

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Bridge to Cryptocurrency

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DragonBite Ecosystem

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DragonBite Pool

BITE Points acts as a medium of all digital assets. Each digital asset will be given a value with BITE
Points based on demand & supply in the ecosystem, for example, (100 Asia Miles = 500 Bite Points;
100 Steam Points = 300 BITE Points). Users may deposit their scattered digital assets and store them
as Bite Points in DragonBite.

DragonBite will collect all types of digital assets and exchange them upon request. Users may deposit
their digital assets into DragonBite Asset Pool to exchange Bite Points or deposit BITE Points to
exchange any other digital asset at market value.

For example, Peter has 900 Asia Miles, and he needs another 100 Asia Miles to redeem an air ticket.
He may use his previous List (Deposited) digital assets (e.g. Steam Points), which has a market value
of BITE Point to convert to the digital asset he demands, in this case, would be Asia Mileage. Now,
Peter is happy because he has unleashed and extracted the full potential of his scattered digital
assets before the expiration date. Peter and the user who contributed digital assets would be
rewarded a small amount of BITE as an incentive.

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Staking

We plan to support BITE staking in the near-to-mid-term but will also add custodial
staking-as-a-service for other PoS assets, such as ETH 2.0 and DASH. The rules for the staking of
assets will vary by the chain and by the asset. However, as an example, we will not charge
staking-as-a-service fees for Polkadot assets at the beginning, but we will charge a staking fee for
other DPoS assets.

These fees will vary depending on the staked asset which can be voted upon through the DragonBite
governance token. Example: If a user is staking $1,000 worth of BITE with us and generates a 20%
return on their assets, we will return the principle + 20% or $1,200 in BITE and give the user at least
an additional 50% of the USD value of the BITE interest generated in the form of the BITE. In this
case, the user would receive $1,300, a 30% return, in USD value on his underlying principle

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Custody

The security of cryptocurrency assets is one of the most important elements in the blockchain world.
Many blockchain companies have failed due to poor security procedures. Most security breaches
could have been prevented by taking simple precautions to protect critical resources. DragonBite will
integrate a mix of noncustodial and custodial wallet solutions depending on the specific service
offerings. When custody is required for specific services, DragonBite will leverage an
enterprise-grade security solution that utilizes the strongest encryption technology available in order
to ensure absolute trustworthiness.

As security is of utmost importance for us, DragonBite will focus on offering non-custodial services for
its initial staking business line through Delegated Proof of Stake (DPoS) tokens. By utilizing
cryptocurrencies that are DPoS, DragonBite will be able to reduce security risk, as we will not be
handling any member digital assets. Their digital assets will be safely kept in their custody all the
time. As additional tokens are offered via Proof of Stake (PoS), we will maintain these through
industry-leading security solutions.

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DragonBite App UI
In summary, customers can exchange, swap or trade the digital freely.
Try our prototype on dragonbite.asia (login-id required)

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Use Cases
BUY – SELL– SEND – SPEND - CONVERT

Crypto | Gaming | Reward Points | Coupons | Cash

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DragonBite Crypto Solutions – Increase
Liquidity

Increase Practicability for Users.

Convert into points that are redeemable to real-life products

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Buy E Vouchers Redeem Crypto
Exchange
Small size crypto trading

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Convert Reward Point Reward Point
Redeem Crypto Exchange
Increase Practicability for Users.
Convert into points that are redeemable to real-life products

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Convert Reward Point Cryptocurrency
Retain Value: Turn soon-to-expired points to valuable assets

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DApps, NFTs and Stored Value Card

Cooperate with DApps / existing NFTs

Marketplace for NFT Vouchers

(Support both Tangible and Intangible Non-Fungible Assets)

Stored Value Card

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Our Bridges to Reality
Our unique 6-in-1 solution filed with patent protection in the
US, UK, China, Australia and Malaysia is designed to fill the
market gaps in the real world.
Our cutting-edge technology securely stores multi-blockchain
assets while making the assets spendable through customers’
smartphones or DragonBite Cards.

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DragonBite 6-in-1 Solutions

Dual Token
The DragonBite ecosystem and Tokenomics have the vision to disrupt the entire rewards industry and
remove inefficiencies by adopting “decentralization” technology and consequently transferring control
to the public. Compared with other closed-loop loyalty platforms, DragonBite blockchain is a truly
decentralized blockchain platform, which allows anyone to easily track and verify each traded token.
It also creates an ecosystem by connecting different Consumers, Merchants, system operators and
Crypto Exchanges.

Token Feature Supply

BITE ● A publicly tradable financial asset. Limited to a

● B2B - Consumption of DB gas in exchange for O2O certain fixed
marketing and issuance of Merchant branded token amount
(i.e. sub-token)
● B2C – Consumption of DB gas in exchange for
consumers to share/exchange/send of BITE

BITE Point ● A medium of exchange between tokens Will be issued

● Act as a storage and valuation of token in DB wallet based on the
● Coin value will be relatively stable (e.g. USD) to assure increment of
that the exchange rate among other tokens will not be digital Assets
volatile from ecosystem

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DragonBite 6-in-1 Solutions

DragonBite Prepaid Card

Our pre-paid card allows users to spend at more than 30 million merchants and withdraw money from
2 million ATMs worldwide. To order a DragonBite Card (physical or virtual), users can request directly
through the DragonBite App or website. All issued DragonBite Cards will be connected to our
multi-currency conversion engine and DragonBite App. Clients will have the choice to order a virtual
card and/or a physical card.

Using DragonBite’s MACE (Multi-Asset Conversion Engine) Module, the DragonBite Card enables all
supported cryptocurrencies to be spent in real-life consumption.

In order to receive a DragonBite Premium

card, the user must hold 5,000 BITEs in their
DragonBite Digital wallet. Supply is limited.

DragonBite Premium cardholders will also

receive 0.5% of their spending in BITE as a
reward. Those rewards can be redeemed or
converted into other currencies or digital
assets. Shopping and travel insurance will be
offered up to USD100,000.

In order to receive a DragonBite Standard

card, the user must hold 2,000 BITEs in their
DragonBite App. Supply is limited.
DragonBite Standard cardholders will also
receive 0.1% of their spending as a reward.
Shopping and travel insurance will be offered
up to USD100,000.

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DragonBite 6-in-1 Solutions

Multi-Asset conversion engine

Multi-Asset conversion engine (MACE) is a protocol system that matches buy and sell digital assets
through DragonBite App. It utilises our digital asset pool and platform to rapidly convert any
supported digital asset into the other digital asset at prevailing market value. So, digital assets, such
as loyalty points, e-vouchers and in-game assets will be spendable in any place in the world.

The MACE will be linked to no less than five top loyalty programmes and crypto exchanges when we
launch.

Members Governance
In order to submit a proposal and vote within the DragonBite ecosystem, a member must first hold
BITE. Each staked BITE represents 1 vote. In order to propose a topic for voting, users will need to
exchange their digital assets into BITE POINT to strengthen the pool.

The process for voting is as follows:

• 1 week for evaluation of proposals
• 1 week for the voting of proposals
• Where the proposal does not involve a third-party, 1 week for the implementation of the proposal.
Where a third party is involved, then implementation would be as soon as feasible.

LOyalty Pool
A loyalty rewards platform allows the converting of reward points from one brand to another.
Customers can select their favorite loyalty program from our list.
After entering their credentials for the login process, the app would return available points or air
mileages to their accounts (and the equivalent amount in BITE).

Exchanges are secured by our blockchain technology.

• Exchanges are visible within a few seconds
• Everything is performed simply through the DragonBite app with a user-friendly and seamless
experience

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DragonBite 6-in-1 Solutions

O2O aNalytics and execution platform

Our Online-to-Offline (O2O) execution platform is an advanced geo-targeting tool. Merchants who
connect to our platform using API and design their own campaign to drive online traffic to their
physical stores. End-users who are near the targeted location will receive real-time promotion
notifications from our merchants based on the customers’ demographics, preferences and spending
behaviour.

Our analytics platform is an insightful and user-friendly tool for campaign performance evaluation.
Promoters can easily evaluate the result of a campaign from lead generation, response perspective,
tokens generated sales and the actual sales figures.

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DragonBite 6-in-1 Solutions Overview

Dual Token
BITE is a publicly traded cryptocurrency on exchanges.

Within the DragonBite ecosystem, BITE is used as a transaction fee and contribution reward in
transaction activities. BITE represents the ownership of DragonBite, the more you have, the more
voting power and governance you have to make direction in the DragonBite ecosystem. BITE can
also be used to stake in smart contracts to get passive rewards.

While BITE POINT is DragonBite’s universal tokenized reward point, pegged 1:1 with the US Dollar
back by all the digital assets in the ecosystem BITE POINT acts as a medium of exchange between
Digital Assets and provides liquidity to buyers and sellers of their digital assets on DragonBite’s
ecosystem.

Pre-paid Card
Top up with your spare reward points to spend on daily consumption at 60 million outlets in over 200
countries. DragonBite aims to achieve this through a partnership with a leading global payment
services provider, which will be announced in future.
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DragonBite 6-in-1 Solutions Overview

Asset conversion
DragonBite Asset conversion solution is our protocol system that utilises our liquidity pool. Our
platform rapidly converts any supported digital asset to other digital asset at market value in real-time.

Governance
DragonBite will shift from centralised governance to DAO (Decentralized autonomous organization).

DAO is a paradigm shift in the very idea of economic organizations, offering complete transparency,
total tokenholder control, unprecedented flexibility, and autonomous governance.

DAOs represent a massive upgrade on the traditional firm. DAOs use blockchain technology and
programmable incentives to solve issues traditionally faced by global organizations, such as financial
transparency, process automation, governance, and aligning geographically-separated, individual
stakeholders in pursuit of a common goal. By combining state-of-the-art technology with new
token-economic, governance, and financial models, DAOs can provide substantial benefits for their
members. With DAOs, communities are able to leverage the strengths of all members, turning them
into active stakeholders to grow the network together.

LOyalty Pool
This is a loyalty rewards platform that allows users to convert idle points from one brand to another.
In addition to redeeming rewards, consumers can exchange BITEs for reward points with other
merchants.

ANalytics
For merchants, DragonBite’s O2O analytics platform provides insights on customer trends and
preferences, while the execution platform provides personalised digital channels to issue branded
merchant tokens. Relevant offers could be targeted through the platform based on past transactions
with DragonBite and the merchant.
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Technology

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Technology
The DragonBite ecosystem processes are powered by a hybrid IT architecture, i.e. partly on-chain
and partly off-blockchain:

• On-blockchain:
BITE – is our core Coin offering which can be created during the token generation event. For the
service consumption side, our PaaS and Marketing services fee we will charge our partners in the
form of BITE. We will also reward our wallet users and partners with BITE in different cases, such as
Loyalty asset conversion, C2C referral and B2B referral. BITE holders can also use it to bid for rare
assets and resell them in the secondary market. BITE supply is limited, and it will also be used as our
staking reward. For wallet users, BITE can be used to access privileged services. BITE can also be
used to exchange BITE Point, top-up prepaid cards and purchase coupons.

BITE Point - will be our platform’s tokenized reward points which will be pegged 1:1 with the USD.
The consumer will earn or exchange BITE Point to purchase other assets that are available on our
platform. All reward exchange transactions (from air mileages to game points) will convert to BITE
Point first which helps to improve the security and transparency of our asset exchange platform.

• Off-blockchain:
All other transactions, including points redemption at the point of sale, loyalty program-specific
transactions and e-voucher issuances are handled at the back-end server of the merchants and
DragonBite without blockchain. To offer sufficient protection to our wallet users and partners, our
Chief Technology Officer will manage regular security of both on-chain and off-chain components to
make sure they are properly audited and protected.
At the beginning, after the distribution of the BITE Tokens to the public, DragonBite will hold a majority
of BITE and thus have some degree of influence over the blockchain. This ensures that DragonBite
has the ability to adjust the rules and maintain the system. One of the main duties of DragonBite in
maintaining the blockchain is to ensure that blockchain transaction fees are maintained at an
appropriate level. In other words, sufficient incentive should be given to third-party validators to
ensure the verification process works smoothly and to secure the integrity of the blockchain system.
Over time, the number of BITE Token held by DragonBite will decline, so that control will shift to the
community.

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Technology

Core Platform Products

DragonBite Digital Wallet
Allow buy / sell / trade / transfer assets supported by several backend products which permit B2C and
C2C exchange

Loyalty as a Service marketing platform

Apart from earning, buying, selling, sharing and trading of loyalty points and coupons, we also allow
consumers to convert their expiring points or idle assets into other digital assets (e.g., cryptocurrency,
especially BITE). Our merchant partners allow our users to access their loyalty system or our loyalty
PaaS platform freely.

Collectible as a Service platform

Our platform will support rare asset bidding empowered by NFT token. We allow our merchant
partners or consumers to sell their collectible items online in a secure and transparent manner.

Game asset toolkit / API

The platform will support trading extremely rare gaming assets online. Gamers can sell or share their
assets on our platform, whenever they plan to migrate into a newly updated game. Our crypto-based
escrow payment function can offer additional protection to their rare gaming asset.

API Products
DragonBite will provide API and CLI (Command-line interface) for our stakeholders to automate their
process. For example, a game developer might wish to focus on game development and make use of
our platform to enable tokenized asset trading to facilitate gamers and support the demand of their
gaming assets. They can also use our Loyalty API to attract gamers to try and purchase their new
titles. Our API products include:

• Gaming platform API

• Loyalty platform API

• Bidding platform API

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Technology
Platform Conceptual Overview

Digital Wallet Self Service Portal API Portal

Collectible as a Service
Loyalty as a Service/API Game asset toolkit/API
API

Front End Layer

Service Access Layer

Business Support Service Layer

Platform Support Layer

Token Service Layer

Digital Wallet (aka DB Digital Wallet) will focus on the management of financial assets,
loyalty points and gaming assets for consumers.

The key frontend will provide self-service portal and API portal for business supporting
staff of our merchants and system partners respectively.

Our service domain will be organized in different supporting service layers to maximize
the security and agility of our platform, providing support to various users.

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Technology

Blockchain Standard
Our platform will inherit the security protection offered by RioChain blockchain service. It allows us to
drive down the cost of our blockchain transactions and speed up the execution of our transactions.

Blockchain Library Standard

In addition to custom smart contracts, we will also make use of a highly secure standard library, which
is similar to the OpenZeppelin library, to ensure all our smart contract code is properly audited and
tested.

Consensus Algorithm
We will support POA algorithms which can reduce transaction cost and improve the scalability of our
platform. It will also reduce risk of centralization and reduce individual miners to influence the
consensus of our network.

AIoT and Big Data Analytic based personalization

Our merchants’ redemption service and payment service embedded in different mobile phones, tablet
and mobile POSs will allow us to connect to a rich set of sensors. This will enable us to apply AI and
analytic techniques to push more customised asset investments and offer discounts to our
consumers’ community. To address the privacy protection concern of individual users as well as
regulators, our Chief Technology Officer will report to our board on a quarterly basis and to ensure our
wallet users’ privacy are properly protected. We will fully comply with the privacy protection standard
such as GDPR (General Data Protection Regulation) and PDPO (The Personal Data Privacy
Ordinance).

KYC
KYC/AML compliance in the payments and financial industries is of vital importance. Fraudulent
transactions if executed on a wider scale by the cards issued by the given issuer can trigger the
card-schemes’ (Visa, Mastercard) restrictions on the cards from that issuer. Funds from stolen cards
and in other inappropriate transactions can be a source of wide chargeback demands from the valid
cardholders. For that reason, we will be conducting KYC checks on all of our clients. To execute the
scale of operations we plan that checks would be initially conducted by the 3rd party external
KYC/AML check service providers, like Trulioo15.

40
Technology
Digital Wallet
Our wallet App provides a unified frontend for users to manage and trade their loyalty assets (coupon
and reward points), crypto-asset and gaming asset.

It will allow users to have trust-less access to their crypto assets. For this scheme to work, we will
employ the standard of BIP-3211 to generate as many wallets per currency as the user wishes to use
and also the standard of BIP-392 to implement a simple and secure way of backing up the
randomness generation of private keys for all the supported cryptocurrencies.

Users will be allowed to see the BIP-392 compatible mnemonics set encrypted with the user's
password. That same mnemonics set encrypted using AES algorithm with the user’s password
hardened with the algorithm PBKDF2 and fragmented to many pieces using Shamir’s Secret sharing
protocol will be also securely stored across many data centers/locations to improve the overall
reliability of our platform.

Non-Fungible Token Bidding

Our platform can support the trading of multiple classes of rare assets. We will help our sellers and
game development partners to tokenize their assets (digital or physical) in the form of NFTs. After
simple parameter setting on our Wallet App, the asset will then be launched in designated bidding
markets. All transactions will be executed in a transparent and secure manner to offer maximum
security protection for both buyers and sellers.

We intended to provide a rich set of self-service platforms and API for stakeholders with limited
resources in smart contract development to make use of NFT technology to trade their digital or
physical assets online in a trusted and transparent environment.

Key values of our NFT enabled auction platform:

✓ Full transparency among all stakeholders
✓ Provide asset assurance and certification services to protect our buyers
✓ Support a wide range of unique assets (e.g. limited edition watch, concert ticket)
✓ Protect ownership and trade history
✓ Customize trade for unique gaming asset
✓ Stimulate growth through secondary market trading service
✓ Provide Sellers and Gamers API/CLI services for integration with our partners
✓ Offer escrow payment services to improve confidence during virtual asset trading (e.g. rare game
items)
✓ Polkadot Distributed Ledger technology supports interoperability and scalability.
✓ DeFi allows a true shared economy where users can also become service providers
41
✓ Proven O2O marketing empower by loyalty reward (coupon and points)
✓ Drastically reduce operating cost for:
• Loyalty service for our merchant partners
• NFT auction implementation for sellers and game developers Online digital marketing
• Provide a foundation for AIoT personalization and recommendation for Loyal reward and
Investment products
✓ Permit our Wallet users to convert idle assets into growth opportunities

Road Map
Digital Wallet
✓ Loyalty as a Service
✓ Asset Bidding Service
✓ Pre-Paid Card Service
1 ✓ KYC/AML Service

Self service portal

API Portal for:
✓ Gaming
✓ Bidding
2 ✓ Loyalty Exchange

✓ Big Data analytic engine

✓ AR gamification marketing service
✓ Personalize recommendation service

✓ NFT token technology upgrade

✓ AIoT personalization engine

4
42
Roap Map

2018 ●Prototype
●Acquired Merchants Coupon, Loyalty Points & Gaming Resources
●Partnership with Banks & major financial services
●Filed Patent
●Blockchain in loyalty programs

2019-2020 ●Asset converting matrix

●WhitePaper
●Reseller of Steam, Google Play and Apple Giftcard
●Partnership with ABCC

2021 ●Technical Audit

●Token Sale Private Round
Q1 ●Underwriting, legal counsel and technology consulting
●Partnership with RioDeFi

2021 ●IDO on Uniswap

●Launch of DragonBite App
Q2 ●Integration on MANTRA DAO
●Launch on Zendit

2021 ●Integration with other loyalty programs such as Asia Miles, Kris
Flyers
Q3 ●Migration to RioChain

43
Road Map
Business development plan
Proceeds from the Token sale will be used for the development of the DragonBite System as well as
the global roll-out of the DragonBite business. Marketing, sales and technical engineering offices will
be established in the following major gateway markets.

Phase 1, 2021
Centralized loyalty platform – easier to get a traditional loyalty program to join. Also, the conversion
rate needs to be bilateral first or merchant acceptance will be lower.

Phase 2, 2021
Offensive on the Gamer segment, Gamers have similar behaviour as crypto investors. We target to
ramp up of Gamers segments in 3 to 6 months and we have already built an alliance with Game
publishers to allow our Bite Point for purchasing Game Art and Game points

Phase 3, 2021
Decentralized loyalty platform, DragonBite applies loyalty points to the principles underlying
decentralized exchanges such as Uniswap. Users can choose to use the platform to trade their
loyalty points for a fee or provide liquidity to the platform for a reward.

44
DragonBite Tokenomics

45
Token Generation Event

ALL DISTRIBUTIONS OF DRAGONBITE TOKENS ARE SUBJECT TO THE TERMS AND

CONDITIONS RELATING TO TOKEN SALES (“Ts & Cs”) AS PUBLISHED FROM TIME TO TIME ON
THE DRAGONBITE WEBSITE. BY MAKING A CONTRIBUTION TO DRAGONBITE TECH PTE FOR
THE PURCHASE OF DRAGONBITE TOKENS (“BITE”), CONTRIBUTORS WILL BE BOUND BY THE
T&Cs. BY ACCEPTING SUCH T&CS, CONTRIBUTORS WILL BE ENTERING INTO A BINDING
AGREEMENT WITH DRAGONBITE TECH PTE. THE T&Cs CONTAIN PROVISIONS WHICH
AFFECT THE LEGAL RIGHTS OF CONTRIBUTORS AND CONTRIBUTORS MUST READ,
ACKNOWLEDGE AND AGREE TO THE T&Cs BEFORE RECEIVING TOKENS. IN THE EVENT OF
ANY INCONSISTENCY BETWEEN THE T&Cs AND THE INFORMATION BELOW, THE T&Cs WILL
BE CONTROLLING.

Token Distribution Overview

Token Symbol: BITE

Token usage: Token can be used in the ecosystem

Total Token Supply: 1,000,000,000 BITE

Accepting: Ethereum (ETH), Bitcoin (BTC), OM Token (OM), RFuel, USDT, USDC Countries Allowed:
As determined in the sole discretion of DragonBite tech Pte *Other bulk purchase and early bird offer
is also available

46
Token Allocation and Use

32.5% Ecosystem/Staking Rewards

10% Partners

5% Promotion

5% Referrals

5% Reserve

5% Future strategic Sales

20% Token Sale

17.5% Team and Advisor

Total Tokens (BITE): 1,000,000,000 Supply

• Ecosystem/Staking Rewards - 32.5% will go towards various needs of the DragonBite ecosystem.
For example, ecosystem incentives for our users as well as using BITE tokens to pay for services
depending on business situations. Also, BITE can also be stored in the ecosystem as a stake to earn
more BITE

• Partners- 10% Some loyalty and digital asset partners may be allocated a certain amount of BITEs
for partnership purposes, which may be used to attract new merchants and partnership signups with
the DragonBite ecosystem.

• Promotion – 5% will be used for bounty, airdrops, community campaigns and contributors

• Referrals - 5 % will be used to reward any successful invitation.

• Reserve - 5% reserve will be held by DragonBite as an emergency fund for our business. We do not
anticipate using these funds. However, if something arises, we will reserve the right to use these
funds to fund the business.

• Future strategic Sale - 5% will be sold to strategic investors in the future

• Token Sale - 20% will be sold to private and public investors with a lockup period.

• Team and Advisors -17.5% will go to the team and advisors which will be on a 6 month lockup
period. The first release will be at the 6th month then each month after that.
47
Use of Funds

Software development - 30%

Marketing - 25%

Operations - 15%

Loyalty Points Purchase - 15%

Exchange Listing / Market Making - 15%

• Software Development -30% will go to the development and maintenance of the DragonBite
ecosystem.

• Marketing - 25% will be used for marketing expenditures such as offline-to-online events, advertising
and PR events to drive business from investor and project views

• Operations - 15% will be used to run DragonBite day-to-day activities. This includes but not limited
to salaries, office rent, utilities, hosting and software expenditure.

• Loyalty Points Purchase -15% will go into strategic purchases of loyalty points and digital assets that
will be held and maintained by DragonBite, which will benefit the token holders as we will sell these
loyalty points and send the rewards into the staking pool.

• Exchange Listing / Market Making- 15% will be used as exchange listing and market making to
provide liquidity.

48
DragonBite Team

DragonBite is founded by a team of blockchain enthusiasts. The team has accumulated over 50
years of experience in digital marketing, technology, loyalty, payments, banking, consulting and
fintech. The DragonBite team is based in China, Hong Kong, Singapore, the USA and the UK.

Mickael Costache | CEO Elvan Yau | COO

Mickael Costache is the Regional Director for Elvan is a serial entrepreneur, investor and
the Middle East, Asia and Africa at Espeo ex-private banker. He is the Co-Founder of
Blockchain, one of the leading blockchain Cryptotal.io, a payment infrastructure for
development and consultancy studios in the cryptocurrencies. He also is the founder of
world. Mickael is also an ICO advisor, Voyhub Hygiene, authorised vendor of
working mainly with companies based in Asia. Hospital Authority, Great Eagle, Sino, JLL,
MTR, Disney. Elvan is very experienced in
Based in New York but spending a lot of time
the FinTech industry, he was the person in
on the ground in blockchain hubs such as
charge of products in AsiaTop Loyalty and
Singapore or Hong Kong, Mickael
Operations in BlueOcean Pay. Earlier in his
successfully assists companies and
career, he worked in Citi Private Bank and
entrepreneurs to turn their ideas into working
HSBC. Elvan received his Finance &
decentralized solutions, ranging from ICO
Economics Degree at the University of
development to conceiving complex
London.
blockchain solutions for large enterprises, as
well as blockchain advisory.

Mickael also has strong e-commerce and

entrepreneurial experience and the last
venture he co-founded has become one of the
fastest-growing marketplaces in the Middle
East.
49
DragonBite Team

Florence Ip | CFO Andy Chen | Strategic Advisor

Florence Ip (CFA, CAIA) is a General Andy is an investor and serial entrepreneur with
Secretary and a founding member of the over 20 years of Fintech experience. He has won
Association of Blockchain Development, a the award as being the most successful
non-profit organisation dedicated to the entrepreneur under the age of 35. Andy is a
development of blockchain technology in 2-Patents Inventor in Loyalty using blockchain
various industries. She has solid experience and IoT and built several loyalty companies from
working in a top global fintech company, scratch to profitability.
Bloomberg L.P. as a Product specialist,
Relationship manager and Financial market Prior to that, Andy was the General Manager in
trainer. She devoted to building transactional Mastercard and before that he was the principal
platforms for the Money market/FX in BCG. Andy received his M.Eng of Electrical
communities for the globe. Furthermore, she Engineering at Imperial College and Quantitative
also has strong experience in the financial finance at Stanford University. He is also a PhD
industry, working in leading international in Finance (candidate) CASS.
banks as a Capital market trader to manage
assets over billions of dollars. She graduated
from The London School of Economics and
Political Science then earned her MBA at The
University of Manchester in U.K.. She also
obtained her Artificial Intelligence certificate
and Blockchain Technologies certificate from
MIT Sloan School of Management in U.S..

50
DragonBite Team

Peter Chan | CTO Stephen Hay | Loyalty Advisor

Peter has over 30 years experience in Stephen Hay is an Asia Pacific leader in loyalty,
application development and IT infrastructure. CRM and B2B consumer services business;
Peter serves as Chief Information Officer at with over 25 years of customer innovation,
Asiatop Loyalty. Prior to that, Peter served as development and transformation with blue-chip
IT Architect at IBM. He has been enterprise organizations such as Cathay Pacific, Asia
architect for multi corporations, involved in IoT Miles, Mandarin Oriental Hotel Group, AS
automation system, IT Consulting. Peter Watsons Group, LVMH, Sands China and
received his Computer Science degree at the Dunhill. Stephen started his career in loyalty at
City University of Hong Kong. Cathay Pacific Airways and was responsible for
the strategy and programme design for Asia
Miles, the region’s most successful reward
programme. Later, joining leading loyalty
agency ICLP, he led the loyalty consulting
division driving both agency proposition
innovation and programme design and
development for key clients. Promoted to
General Manager Hong Kong and then
Regional Director Asia Pacific, he was
responsible for the sustained and long term
performance growth of the agency and the
adoption of best practice loyalty and CRM
across the region

51
DragonBite Team

James Anderson Will Corkin

Advisor - RioDeFi Advisor - Mantra Dao
James is a Blockchain advocate and serial Will is a blockchain & fintech entrepreneur in
entrepreneur whose involvement in both the crypto and tokenized securities
Blockchain goes back to early 2013. markets. Helping to structure and launch over
20 blockchain companies while running the
Upon contributing to the Ethereum ICO, consulting and advisory arm of trade.io, Will
James embarked on a journey into social more recently headed business development
entrepreneurship. Most notably, James for the only US broker-dealer currently licensed
co-founded Social Evolution, a non-profit to issue and distribute digital securities. Prior to
organization whose aim is to raise awareness his involvement in blockchain, Will was a
about the potential of digital currencies and portfolio manager at ZX Ventures.
the benefits of decentralized finance.

52
Board of Advisors

Ekaterina Volkova Dr. Amanda Lim

Advisor - RioDeFi Marketing Advisor
Amanda Lim, Ph.D., is a Founder and Vice
A seasoned business consultant, Katerina’s
President of the Association of Blockchain
former ventures include Priority Token Group
Development, a non-profit organisation
where she served as Vice President. Katerina
dedicated to the deployment of blockchain
has helped structure a broad range of
technology in various industries including legal,
enterprises.
auditing, and finance. She is a founder and a
Director of ACH Worldwide. She has driven the
Her expertise includes fundraising, strategic
success of many private equity projects related
management and event organization.
to AI, blockchains, Chips, eCommerce, Fintech,
Healthcare, and Internet-of-Things. Being
passionate about innovation and technology;
Amanda is a digital economy researcher,
lecturer, and columnist. She has supervised
projects related to blockchain startups. She has
conducted lectures and published articles
related to AI, blockchain, crypto, cybersecurity,
viral marketing, and the booming digital
economy.

53
Ecosystem Partners

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and

Governance. MANTRA DAO leverages the wisdom of the crowd to create a community-governed,
transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot
ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth
together.

RioDeFi is a Blockchain technology company. Their mission is to accelerate the mass adoption of
digital assets by bridging traditional and decentralized finance. Our vision is a world in which
everyone has access to decentralized financial (DeFi) services. To that end, RioDefi develops
applications that connect people to digital assets, mobile payments, and DeFi services such as
savings and lending. Our solutions enable lower transaction fees, faster confirmations, energy
efficiency, secure storage, and global reach.

Hex Trust is a fully licensed and insured leading provider for bank-grade custody for digital assets.
Led by experienced financial services experts and veteran technologists, Hex Trust has built a
proprietary platform - Hex Safe - that delivers an infrastructure custody solution for banks, financial
institutions, asset managers, and exchanges to safely and efficiently operate in the blockchain
ecosystem. The Hex Safe platform has been designed with a comprehensive compliance-first
approach, with the highest level of security available in the market, scalable for high transaction
volumes, and providing seamless connectivity to third-party service providers in the ecosystem.
ZeroKey(TM), a proprietary technology, enables seamless transacting and fast access to assets
stored on multiple blockchains while maintaining the highest levels of security of cold storage
solutions.

54
Ecosystem Partners

AsiaTop provides an online loyalty points platform where users can use their idle bonus points,
redeem their reward points and acquire coupons directly. The vision is to disrupt the loyalty market
with innovative business models and technologies, therefore handing back the control to the public.
The open-loop decentralized ecosystem aims to provide consumers with the ability for instant
redemption, manage multiple loyalty points and exchange them freely on a single platform. AsiaTop’s
solution provides proof of ownership for rewards, contracts, and conversion capability at low operating
costs as well as low-security risk.
AsiaTop has 1M members, 50k merchants and a rewards pool of 938M dollars.

PLUTUS.VC is a next generation Innovation Venture Fund. PLUTUS.VC fund primarily focused on
China and USA innovations, but we do seek deals Worldwide. PLUTUS.VC targets at the *TMT
sector –Telecommunications Mobile Technology, but is open to any new innovative business
concepts. PLUTUS.VC invests in Angel, Pre-A and A-Round. Anything from $500,000 to $5 Million.
$200 million fund reserved for investment into promising technology, internet, mobile, gaming and
innovation companies in China, USA and globally.

Association of Blockchain Development works with government, academic, and industry organizations
to promote blockchain and other trust technologies via activities and services in education, research,
and advisory in Hong Kong and abroad. ABCD encourages and supports legal and compliant
projects

Timebank utilises society resources aiming to resolve the Economic inequality issue. TimeBank
works actively to help people in the society at the same time assisting the government to reduce cost
and time.

55
Ecosystem Partners

SMO was founded in 2020 with a group of partners whom have been involved in blockchain
technology since 2012. Since our establishment, we’ve invested in and partnered with a number of
well-known startups that are doing great things in their respective fields. When it comes to investing,
there’s no such thing as approaching us too early. In fact, the earlier we come on board, the better.

Molecular Hub (Mhub) is the first “all resource” platform focusing on incubating and nurturing the
blockchain application startups in Hong Kong, formed by five shareholders named Molecular Group,
China Fortune Holdings Group, TusMaker Global Network (TGN), Collin Star Capital and HBCC
Investment and supported by Hong Kong Science & Technology Parks Corporation and Hong Kong
Applied Science and Technology Research Institute.

Based in Hong Kong, Summit 33 assists organisations in hiring top talent. Our clients include Banks,
Asset Managers, Hedge Funds, Private Equity firms, Cryptocurrency and Technology firms. We offer
our clients, who range in size from early-stage crypto firms to global investment banks, a hands-on
approach to recruiting. Whether you are a company looking to hire or a candidate seeking your next
career opportunity, you can count on receiving the highest quality service from our team at Summit
33.

ACH is a group of professional talents with PhD, CPA or CFA qualifications and proven corporate
advisory experience. Facilitating their clients to adopt Agile and Creative methods for defining their
uniqueness and valuable differentiations. ACH helps their clients to think beyond their learning
Horizon for business value creation. ACH let their clients to innovate and unleash their unknown
56
potential for sustainable competitiveness. Creating opportunities for our clients to collaborate and
create synergies with valuable industry resources for their business success.
Ecosystem Partners

Labs Group disrupting real estate investments in the largest asset class through the world’s first end
to end real estate investment ecosystem by fractionalizing real estate investments. Powered by the
LABS ecosystem token through decentralized finance (DeFi) and governance.

Established in 2003, ChinaNet (NASDAQ：CNET) is the first listed company in China to build a
versatile ecosystem on business opportunities for consumer expenditure. As an internet company
transitioning to a SaaS based mode, our core focus is to promote business expansion and sales
opportunities for SMEs. In order to do so, we provide our SME customers with learning-based
precision advertising and marketing SaaS service by combining internet/mobile advertising
technology, cloud computing and data analysis systems. ChinaNet now has more than 500
employees serving 3,000 SME customers. The annual revenue exceeds USD$30million. Our
business has spread worldwide, including Beijing, Shanghai, Guangzhou, Wuhan, Hong Kong,
Taiwan and North America.

Redspots Creative (Hong Kong) Company Limited is a multi-media production company which
focuses on development, production, application, and marketing promotion. We provide services in 3
major categories: 2D & 3D video production, AR/VR interactive technologies and products, and AR
platform. We provide for our clients a one-stop multi-media promotion solution, greatly increasing
marketing effectiveness.

FiO has been adopted with sample cases by well-established businesses in 10 diverse industries, and
is now being applied to marketing and advertising, ecommerce, agriculture, entertainment, retail and
sales, transportation, media, education as well as health information.

57
Ecosystem Partners

WeFi offers virtual banking account, cryptocurrency exchange and ATM machines services.

Integration of traditional capital and cryptocurrency. Full service offshore financial platform.

Hunter Group WeFi provide Crypto ATM machines services, allow users to cash in and cash out their
cryptocurrencies. Hunter Group’s ATM located in Hong Kong and Southeast Asia, there will be 200+
machines in operation by the end of June, 600+ machines in operation by the end of 2021.

The management team consists of seasoned professionals who worked in the brokerage service
industry, with background ranging from equity and derivative trading to operations, asset
management, and information technology. P95G provides services to financial institutions and
individual investors in buying and selling cryptocurrencies, fiat currency (US dollar) and
cryptocurrency transfers, and OTC (over-the-counter) trading in large amounts.

58
Conclusion

We at DragonBite are passionate about blockchain technologies, and believe our solutions will
provide the best experience to our users and allow them to manage digital assets with their
fingerprints.

DragonBite App offers instant switching among digital assets.

Easily manage an array of different loyalty programs, reward points, gaming assets and
cryptocurrencies.

Options to convert idle points from one program to top up another in order to redeem a digital asset or
a full flight ticket as an example.

Cutting edge security keeping all digital assets safe.

DragonBite Card is accepted by 60 million outlets in over 200 countries as the fuel and reward
currency of the network.

BITE

With our BITE Tokens Sale, you will have the opportunity to participate in our long-term growth and
embark on a journey to disrupt the loyalty reward industry!

59
Disclaimer of Liabilities
DISCLAIMER OF LIABILITY To the maximum extent permitted by the applicable laws, regulations and
rules, DragonBite and/or the Distributor shall not be 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. This Whitepaper is for
information purposes only and is subject to change. It is drafted to serve as the primary source of
information about BITE and its potential token holders and is not to be considered exhaustive. NO
REPRESENTATIONS AND WARRANTIES DragonBite and/or the Distributor does not make or
purport to make, and hereby disclaims, any representation, warranty or undertaking in any form
whatsoever to any entity or person, including any representation, warranty or undertaking in relation
to the truth, accuracy and completeness of any of the information set out in this Whitepaper.
DragonBite and / or the Distributor disclaims all liability for any loss or damage of whatsoever kind
(whether foreseeable or not) which may arise from any person acting on any information and opinions
relating to BITE contained is this Whitepaper or any information which is made available in connection
with any further enquiries, notwithstanding any negligence, default or lack of care.
REPRESENTATIONS AND WARRANTIES BY YOU
By accessing and/or accepting possession of any information in this Whitepaper or such part thereof
(as the case may be), you represent and warrant to DragonBite and/or the Distributor as follows:
(a) you agree and acknowledge that the BITE do not constitute securities in any form in any
jurisdiction;
(b) 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 is to be accepted on the basis of
this Whitepaper;
(c) you agree and acknowledge that no regulatory authority has examined or approved of the
information set out in this Whitepaper, no action has been or will be taken under the laws, regulatory
requirements or rules of any jurisdiction and the publication, distribution or dissemination of this
Whitepaper to you does not imply that the applicable laws, regulatory requirements or rules have
been complied with;
(d) you agree and acknowledge that this Whitepaper, the undertaking and/or the completion of the
BITE Initial Token Sale, or future trading of the BITE on any cryptocurrency exchange, shall not be
construed, interpreted or deemed by you as an indication of the merits of the asiatop.com and/or the
Distributor, the BITE, the BITE Initial Token Sale and the DragonBite Wallet (each as referred to in this
Whitepaper);
(e) the distribution or dissemination of this Whitepaper, any part thereof or any copy thereof, or
acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or
rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have
observed and complied with all such restrictions at your own expense and without liability to
60
Disclaimer of Liabilities
DragonBite and/or the Distributor;

(f) you agree and acknowledge that in the case where you wish to purchase any BITE, the BITE are
not to be construed, interpreted, classified or treated as: (i) any kind of currency other than
cryptocurrency; (ii) debentures, stocks or shares issued by any person or entity (whether DragonBite
and/or the Distributor)

(iii) rights, options or derivatives in respect of such debentures, stocks or shares;

(iv) 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; (v) units in a collective investment scheme;

(vi) units in a business trust;

(vii) derivatives of units in a business trust; or

(viii) any other security or class of securities.

(g) you are fully aware of and understand that you are not eligible to purchase any BITE 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 Republic of Singapore;

(h) you have a basic degree of understanding of the operation, functionality, usage, storage,
transmission mechanisms and other material characteristics of cryptocurrencies, blockchain-based
software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain
technology and smart contract technology;

(i) you are fully aware and understand that in the case where you wish to purchase any BITE, there
are risks associated with BITE and the Distributor and their respective business and operations, the
BITE tokens, the BITE Initial Token Sale and the BITE Wallet (each as referred to in the Whitepaper);

(j) you agree and acknowledge that neither DragonBite nor the Distributor is 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

(k) all of the above representations and warranties are true, complete and accurate from the time of
your access to and/or acceptance of possession this Whitepaper or such part thereof (as the case
may be).

61