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Eshark Token: White Paper

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WHITE PAPER

eShark Token
White Paper
13 October 2021

@2021 eShark Token. All right reserved


List of Contents
4 Introduction
5 Abstract
6 eShark Token (ESHK)
7 Product Implementation
8 Market Description
9 E-Sport Tournament
10 Team Member
14 Problem
15 Fraudulent Transaction
16 Event Organizer Fraud
17 Solution
18 Product
20 Market Place
21 Voting Right
23 Sharkie Labs & NFT Marketplace
24 Sharkie Labs
25 NFT Marketplace
26 Coral Pools & Sharkie Swap
27 Coral Pools & Sharkie Swap
28 NFT Marketplace
29 Road Map
List of Contents
31 Token Distribution & Fund Allocation
32 Distribution of Tokens
33 Burn Token Breakdown
34 Allocation of funds
35 Disclaimer
39 Glossary
Introduction
Abstract
eShark Token is the future of trusted transaction
management for Gamers and Investors, built on blockchain
technology and smart contracts. We unite gamers,
investors, traders and exchangers into a decentralized,
open and fair network, to globalize the finance in gaming
market. The smart contract technology that underlies the
platform will provide an automate and absolute transparent
system for investing.

eShark Token’s purpose is to connect the gamers’


community worldwide through a platform that allows
everyone to conduct safe and convenient transactions
between users, players, companies, e-sports teams, game
developers and game publishers.

eShark Token is also going to create a democratic


ecosystem for gamers using the token as a form of voting
rights through blockchain system for Online Tournament
Platform, eSports Team, Event Organizer, Game Influencer,
eSports Manager, Game Streamer and all Gaming-related
industry matters.

5
eShark Token (ESHK)
ESHK is a BEP20 standard token that can be stored in any
BEP20 – compliant wallet where ESHK has been integrated.
Additional functions will be introduced in the future:
• ESHK will be stored in ESHK wallet integrated to gaming
platform.
• Users will be able to see their ESHK balance when logged
in to the platform.
• Users can send / receive ESHK within the platform.
• Tournament / Event tickets will be purchasable using
ESHK.
• Voting Rights with ESHK for game-related activity.
• Marketplace will accept ESHK.

And more features to be announced.

6
Product Implementation
Tokenomics (token economics or crypto-economics) studies
the economic institutions and policies of the distribution,
production, and distribution of goods and services that have
been tokenized. Blockchain technology has become the
driving force of innovation on the internet.

Such developments have mobilized economic transactions


that rely on tokens and do not require centralized
intermediaries like banks or big enterprises. The nature of
these commercial systems differs from the traditional
industrial economies as its characteristics are decentralized,
requiring very little capital to scale, and offering significant
security of transactions.

eShark Token is one of them, it will be implemented on the


public Binance blockchain as a BEP20 token. BEP-20 is a
token standard on Binance Smart Chain that extends ERC-
20, the most common Ethereum token standard. You can
imagine it as a blueprint for tokens that defines how they
can be spent, who can spend them, and other rules for
their usage. Due to its similarity to Binance Chain’s BEP-2
and Ethereum’s ERC-20, it is compatible with both. BEP-20
was conceived as a technical specification for Binance
Smart Chain, with the goal of providing a flexible format for
developers to launch a range of different tokens. These
could represent anything from shares in a business to
dollars stored in a bank vault.

7
Gamers Opportunities
eSports is a competitive arena because there are many
massive competitions held and the esports community that
covers all levels of the society. Another reason is the ease
of access to games for everyone due to the advancement
on smartphone devices.

The increase in audience reach, engagement activities,


formidable investments, games live streaming and
infrastructure for league tournaments are the key factors
driving the market growth. The professionalization in the
industry has created lucrative opportunities for game
developers, gamers, influencers, and event organizers.

eSports is also an arena for gamers to hone their skills and


compete in a sportive competition with massive audience.

8
E-Sport Tournament
Nowadays, people are considering eSports as a professional
career due to the growth of gaming tournaments,
impressive international prize pools, streaming revenues,
and one-to-one sponsorships.

Moreover, universities and colleges are starting to establish


a curriculum dedicated in eSports to create skilled players.

E-SPORT TOURNAMENT PRIZE POOL


Dota The International 2019 34,33
Dota The International 2018 25,53
Dota The International 2017 24,69
Dota The International 2016 20,77
Dota The International 2015 18,43
Fornite World Cup final 2019 - Solo 15,29
Fornite World Cup final 2019 - Duo 15,1
Dota The International 2014 10,93
PGI.S 2021 Main Event 7,07
LOL 2018 World Championship 6,45

0 5 10 15 20 25 30 35 40
Prize pool in million U.S. dollars

Source : https://www.statista.com/statistics/517940/leading-esports-tournamets-worldwide-by-prize-pool/
9
Team Member
Our Team

Steven Taslim
Co-Founder & Chief Executive Officer (CEO)

Steven is the Inventor of Gaming and J-


pop culture event in Indonesia;
experienced in the gaming market since
2012; successfully ran more than 50
gaming events; active in the blockchain
Community since 2015 and very passionate
in building an ecosystem for gamers using
blockchain.
Leonardo Winardi
Co-Founder & Chief Operating Officer (COO)

Leonardo has been involved in the gaming


community since he was a child and started
his career as a banker 3 years ago. He
believes and realizes that blockchain is the
future and revolution in the gaming
industry to create a safe and sustainable
environment.

Gilbert
Co-Founder & Chief Technology officer (CTO)

Gilbert has been in the Software


engineering field since 2016. He has
developed several technologies in the past
like Indotiki (Logistic Startup), Android
Developer Meta Property (Property
Startup), Software Engineer iDeal Home
Online (E-commerce Startup).
11
Our Team
Krismanjaya
Co-Founder & Business Analyst
Krismanjaya has been involved in the
gaming industry & community since young.
He is an experienced strategic consultant in
ICO sphere and a blockchain enthusiast in
bringing blockchain, ICO, digital assets &
cryptocurrencies to the finance & gamers
ecosystem.

Albert Randi
Developer
Albert is an experienced developer. He has
worked on several tech startups since 2015
and is currently working on one. He is
deeply fascinated with the way blockchain
solves the problem in the world.

Jimmi
Developer
Jimmi is an experienced iOS Developer. He
has worked on several technology startups
since 2017 and is able to apply customer
service concepts to iOS Applications to
improve the user experience.

12
Our Team

Indra Tanujaya
Advisor

Indra is the Owner of PlayWorks ,


having 31 PlayWorks Outlet in
Indonesia; Senior Business
development and has big faith in the
future of blockchain; Owns Official
License Mobile Accessories for Ferrari,
BMW, Mercedes, Karl Lagerfeld, Guess,
Polo, Energea, Skinarma and Viva
Madrid Brand.

13
Problem
Fraudulent Transaction
Nowadays, more people are using online payment. More
and more people are choosing to shop online for things that
traditionally would have been bought in store, such as
furniture, fashion, fast-food, especially game voucher,
game item and game account. Fraudsters use this new
trend as an opportunity for them.

Money wired

Buyer Seller

Item not delivered

The gamer competitive nature creates a desire to be the


top player. Due to that nature, players often purchase
game items and game accounts from other players.
However, most of these transactions are fraudulent when
the buyer has paid the amount of money as agreed to the
seller, but the seller did not fulfill their obligation.

15
Event Organizer Fund
Tournament is an arena for players to compete with each
other. When someone or an institute wants to hold a
tournament, they will hire an event organizer (EO) to
organize the tournament, but most of them have doubts
with uncredible EOs.

In this case, players find it difficult to grow and compete in


the tournaments as EOs can take away registration fees or
event prize pools.

Money wired Money taken by EO

Client Event Organizer Player


(EO) (Tournament Winner)

In some cases, the EO receives the money from the client


to organize the tournament but does not run the event/
tournament.

And in some cases, after the EO has executed the


event/tournament, the client didn’t pay the EO which
leaves the EO with full responsibility (e.g. : Prize Pools,
Trophies or Medals, Certificate, etc).

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Solution
Solution
eShark Token Wallet plans to provide a full stack of
innovative technological solution, including Processing
Centre, Fiat-to-crypto and vice versa instant exchanges,
NFC payment support integrations with third-party
Cryptocurrency payment infrastructure, and P2P transfer
in fiat and cryptocurrencies.

eShark Token Wallet will be the best payment solution in


the industry, native contactless payment support.

eShark Token will provide a safe transaction integrated to


the gaming platform and marketplace all around the world.

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Product

Daily Challenge Challenge Platform Live Streaming


Delightful Daily Tournament & In Influencer &
Challenge Game Mission Talent

Market Place E-Sport Team Stock E-Sport Platform


Seller & For Investment & NFT Logo Creation
Consumer Profit Team Management
E-sport Agency
Track Record Statistic
Talent

Tournament Platform Advertising


Solo, Team, Match Increase Brand Awareness on
Making Gaming Related Stuff
Developer Direct Test to user

19
Market Place

A virtual shopping center that serves as an intermediary between


buyers and sellers. A place to visit for thousands as they find it
easier to shop in one place with a variety of stores. It also attracts
sellers because of the high number of visitors that are coming
everyday.

How marketplace works

Money wired Order received

Buyer Marketplace Seller

If Item not delivered,


money will be
refunded

Item not delivered

To benefit both the buyers and sellers, the marketplace is the right
place to make a transaction. When a customer wants to buy an item,
they will place an order at the marketplace and when the seller
receives the order, they will check for the item’s availability. If the
buyer did not receive the item or if the seller did not send the item in
the estimated time, then the buyer has the right to cancel the order
and make a refund.

20
Voting Rights
Build engagement involving Investors in the process of
decision making; Presents company profile and proposal to
our online community to vote for the cooperation and
permission in the integrated gaming platform; Configure
the voting system to match your needs and with
guaranteed transparency using an anti-fraud voting
system.

E-Sport Team Support

Supports E-sport team by donating ESHK, eShark token


holders will be able to donate ESHK to grow their selected
E-sport Team. Nowadays, there are so many undeveloped
talented players around the world who cannot upgrade
their device to support their gameplay. Our aim is to create
more professional Gamers and opportunities in the gaming
industry by bringing more stages to all Gamers.

21
Tournament / Event Participation
Vote to determine which of your favorite eSport teams to
participate in a Special Tournament or Official event.

Event held by Event Organizer


To avoid fraud between Client and Player, Event organizers
need to gain the public trust by providing ESHK token
holders the ability to give their vote and review on each
Event Organizer registered within the integrated gaming
platform.

22
Sharkie Labs
&
NFT Marketplace
Sharkie Labs (Fusioning NFT)

NFT (Non-fungible token)


NFT (Non-fungible token) can be used to represent easily-
reproducible items such as photos, videos, audios, and
other types of digital files as a unique item. It presents
artists and content creators a unique opportunity to
monetize their creations. For example, artists no longer
must rely on galleries or auction houses to sell their art.
Instead, the artist can sell it directly to the customer as an
NFT, which also lets them keep more of the profits.

Unlimited NFT Combination


Merge more than 1 NFT to create a whole new unique NFT
that is yours only. There will be an endless combinations of
NFT fusion you can choose from. Fusions will also possibly
increase the rarity of your initial NFT. Ultimately, it is the
goal to obtain the rarest NFT available on the market.

24
NFT Marketplace
EShark’s Nft marketplace is a platform designed to provide
gamers, artists, and athletes a way to deliver their unique
collectibles.

Users will also have a pleasant experience doing


transactions in eShark’s NFT Marketplace, given that all the
features are user-friendly.

Minting NFTs using eShark’s platform is also very beneficial


for creators, as there will be exclusive rewards given to
verified creators, and eShark is currently working on one of
the newest technology that has never been seen before,
which will surely play a massive role in the NFT space.

Investors are able to purchase NFTs at the marketplace at


a reasonable price and are able to conduct an open auction
to sell their NFTs at a higher price on our platform.

25
Coral Pools
&
Sharkie Swap
Coral Pools (eShark Staking System)

Earn free tokens with Coral Pools


Stake eShark Token and earn more tokens. eShark token
Holders can contribute from minor to major projects in the
gaming industry by joining the pools created by the
community to support their eSports Team, Live Streaming,
Event organizer & Influencer. So, holder can earn free
tokens daily from dividends because of their contribution in
eShark projects.

Earn other Crypto


eShark Holders can also provide liquidity to coral crypto pools and
earn commissions for their staked token.

27
Sharkie Swap

Change & Trade


Easy way to Swap Crypto using Sharkie Swap: no
registration or account needed.

Low fees

eShark runs on BEP20, a network with smaller transaction fees than


Ethereum or Bitcoin. Sharkie Swap’s smaller fees compared to other
decentralized exchanges will make Sharkie your best option to swap
your cryptocurrencies.

Decentralized

Trade directly from your wallet with total control of your own tokens.
Unlike common centralized exchanges, Sharkie doesn’t hold your
funds when you trade, which means that you have complete control
on 100% of your assets.

28
Roadmap
Roadmap

- Presale 5%
- Crowd sale 20%
- Campaign to market
- Website wallet transaction
- eShark token wallet version 1.0
- Listing on exchanger

- eShark stacking system


- Sharkie swap (decentralized exchangers)
- Integrate game payment with eShark
- Integrate eShark with gaming platform

- Development of eShark blockchain main network


- Creating mega event for gamers
- eSports academy contribution
- Creating field for eShark blockchain game

- Proof of Gaming (POG) system


- Integrate eShark main network to other games

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Token Distribution &
Fund Allocation
Distribution of Tokens

Partner & Advisor


Stake Holder
5%

10%
Marketing
Campaign
10%

50%
Burn rate
Liquidity 5%

20%

Crowd
Sale

• 50% : Burn rate


• 20% : Tokens sale will be divided into 4 stages
- Stage 1 : 5% Supply
- Stage 2 : 7% Supply
- Stage 3 : 5% Supply
- Stage 4 : 3% Supply
• 10% : Reserved for marketing Campaign including
- 5% for Airdrop & Bounty
- 5% for Marketing Team & Reversal
• 10% Reserved for Founders & Management
(Tokens will be Frozen for 3 years)
• 5% Reserved for liquidity
• 5% Reserved for Partner & Advisor

Token Supply 100,000,000,000 eShark Tokens

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Token Burning Breakdown

50,000,000,000 ESHK (50% of total allocation)

ESHK Tokens will be burned every quarter, burning 7% of


the supply allocated.

The description can be seen below:

YEAR Token Burn YEAR Token Burn


Q1 3,500,000,000 Q1 819,836,058
Q2 3,255,000,000 Q2 762,447,534
2022 2027
Q3 3,027,150,000 Q3 709,076,206
Q4 2,815,249,500 Q4 659,440,872
Q1 2,618,182,035 Q1 613,280,011
Q2 2,434,909,293 Q2 570,350,410
2023 2028
Q3 2,264,465,642 Q3 530,425,881
Q4 2,105,953,047 Q4 493,296,070
Q1 1,958,536,334 Q1 458,765,345
Q2 1,821,438,790 Q2 426,651,771
2024 2029
Q3 1,693,938,075 Q3 396,786,147
Q4 1,575,362,410 Q4 369,011,116
Q1 1,465,087,041 Q1 343,180,338
Q2 1,362,530,948 Q2 319,157,715
2025 2030
Q3 1,267,153,782 Q3 296,816,675
Q4 1,178,453,017 Q4 276,039,507

Q1 1,095,961,306 Q1 256,716,742
Q2 1,019,244,015 Q2 238,746,570
2026 2031
Q3 947,896,934 Q3 222,034,310
Q4 881,544,148 Q4 206,491,908

33
Allocation of Funds

Community &
Tournament

Legal 35%
5%

Campaign
40% 5%
Others
15%

Operational, Research &


Development

34
Disclaimer
Disclaimer

The purpose of this White Paper is to present ESHK Token


to potential token holders in connection with the proposed
Token sale. The information set forth below may not be
exhaustive and does not imply any elements of a
contractual relationship. Its sole purpose is to provide
relevant and reasonable information to potential token
holders in order to determine whether to undertake a
thorough analysis of the company with the intent of
purchasing ESHK Tokens.

Nothing in this White Paper shall be deemed to constitute a


prospectus of any sort or a solicitation for investment, nor
does it in any way to pertain an offering or solicitation offer
to buy any securities in any jurisdiction. This document is
not composed in accordance with, and is not subject to,
laws or regulations of any jurisdiction, which are designed
to protect investors.

ESHK Token cannot be used for any purposes other than


those provided in the White Paper, including but not limited
to, any investment, speculative or other financial purposes.

ESHK Token is not intended for sale or use in any


jurisdiction where the sale or use of digital tokens may be
prohibited.

36
Disclaimer

ESHK Token confers no other rights in any form, including


but not limited to any ownership, distribution (including but
not limited to profit), redemption, liquidation, proprietary
(including all forms of intellectual property), or other
financial or legal rights, other than those specifically
described in the White Paper.

Certain statements, estimates and financial information


contained in this White Paper constitute forward-looking
statements or information. Such forward-looking
statements or information involve known and unknown
risks and uncertainties, which may cause actual events or
results to differ materially from the estimates or the results
implied or expressed in such forward-looking statements.
White Paper can be modified to provide more detailed
information.

36
Disclaimer

This White Paper is the primary official source of


information about the ESHK Token. The information
contained herein may from time to time be translated into
other languages or used in the course of written or verbal
communications with existing and prospective customers,
partners, etc. In the course of such translation or
communication, some of the information contained herein
may be lost, corrupted, or misrepresented. The accuracy of
such alternative communications cannot be guaranteed. In
the event of any conflicts or inconsistencies between such
translations and communications and this official English
language White Paper, the provisions of this English
language original document shall prevail.

36
Glossary

tokens that we can use to represent ownership of unique


NFT
items.

competitive gaming at a professional level, with the top


E-Sports esports players often being the very best in the world at
their respective game.

services on the market that allow users to buy and sell


Swap cryptocurrencies for traditional currencies or for other
cryptos.

participants in a mining pool contribute their processing


Proof of power toward the effort of finding a block. If the pool is
Gaming successful in these efforts, they receive a reward.

Voting EShark token Holders have the right to vote and decide
Rights what to do with the next Competition & esports Team.

decentralized model whereby two individuals interact to


buy and sell goods and services directly with each other or
P2P produce goods and services together, without an
intermediary third-party or the use of an incorporated entity
or business firm.

Market vendors can come together to sell their products or


Place services to a curated customer base.

38
eShark Token
Version 1.58

Contact Us
facebook.com/esharktokenofficial linkedin.com/company/eshark-token

instagram.com/esharktoken t.me/esharktokenofficial

twitter.com/esharktoken discord.gg/qwsrW2Ad

youtube.com/c/eSharkToken support@esharktoken.com

@2021 eShark Token. All right reserved

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