Consentium

1. INTRODUCTION
   Chat applications are amongst the most downloaded applications in the iOS and Android
   app stores today. They fit today’s people’s demanding schedule and near-instant demands for
   communications (particularly the millennial and younger generations).
   Chat applications are primarily developed for smartphones and are used today in a myriad of
   ways - from social messaging to heavy workflow usage. There are more than 100 popular chat
   applications today with diverse sets of capabilities and technical specifications worldwide.
   Currently available chat apps in the app stores have built extensive user bases and have
   fulfilled specific demands in usage, but still lack in the ability to monetize on the downloads,
   use cases, or even allow users to monetize on their contributions. The only revenue model that
   remains widespread today is through in-app purchases of stickers (or similar), which doesn’t
   grow in potential over time. The purchase of stickers does not incentivize the creation and
   engagement of communities, which is the key factor to the chats existence over time.
   In conclusion, there is not a sustainable in-app model that incentivizes users with monetary
   benefits to use the chat application more - to build communities at scale, or form businesses
   through the app, etc.
   In parallel, large communities of crypto experts are forming groups on other chat applications,
   like Telegram. These groups interact frequently within one app, then use another wallet to
   send and receive digital currencies, and then use the chat applications again to confirm
   transactions. There is a market opportunity to integrate these needs and reward users for
   their engagement to create more stickiness.
2. EXECUTIVE SUMMARY
   CONSENTIUM is the first multi-featured chat application and multi-digital-currency C2C
   (consumer-to-consumer) wallet application that rewards its users through its proprietary Chat
   Community Monetization (“CCM”) model.
   The bedrock of CONSENTIUM CCM engine lies in its transactional fee redistribution program
   as an incentive to create and cultivate strong in-app communities and/or send and receive
   transactions.
   As a Chat Application, CONSENTIUM incorporates:
   1. High-level chat encryption via the SHA-256 hash algorithm
   2. Low transaction fees and secure C2C digital cryptocurrency transfers
   3. Conversion from Fiat to BTC/ETH/CSM and vice-versa
   4. Multi cryptocurrency wallet
   5. Chat Community Monetization (CCM) model automated engine
   The vision at CONSENTIUM is to transcend simplistic chat applications and develop a
   sustainable future-proof application that can serve to host core groups, businesses and
   propagate real-world communities - becoming the go-to community building platform.

Consentium