Vulpem Vault - Investor Pitch Deck

Transcript

1. Trustless Custody Solution for Wealth Management SEPTEMBER 2018
2. VULPEM VAULT Introduction Business Model Our Product
3. The Opportunity VULPEM VAULT
4. Trustless INTRODUCTION Vulpem Vault is a trustless custody solution designed to manage crypto assets for high-net individuals, funds and Institutions. It allows users to maintain ownership over their private keys while benefiting from a key recovery service. Authorize [ Keys ] Custody [ Wallet ] User Cloud Backup
5. BUSINESS MODEL High Net-Worth Individuals ICOs & Startups Institutional Funds Exchanges, Brokers, & Payment Providers Banks, Custodians, Depositories Non-Profits Governments Wills & Passing of Information $
6. Cold Wallet INTRODUCTION Wallet not connected to the internet Wallet connected to the internet Harder to hack Easier to hack Offline and not visible Vulnerable to government censorship Around 80 USD Free Hard to setup Harder for daily use Limited tokens Easy to setup Easy to use Variety of tokens OFFLINE SECURE PRIVATE FREE TO USE EASY TO USE Hot Wallet
7. INTRODUCTION Security Convenience Cold Wallet Solution 1 Hot Wallet Solution 2 External Threat eg. Theft or breach Internal Threat eg. loss or death Online Offline
8. INTRODUCTION VULPEM VAULT Trustless Custody OFFLINE SECURE PRIVATE FREE TO USE EASY TO USE Vulpem Vault is a multi-signature cryptocurrency wallet that uses both cold wallets (aka hardware wallets) and hot wallets (aka online wallets).
9. INTRODUCTION Combination of Wallet Types Unique solution to get the best of each type of wallet in one easy to use solution Key Recovery Every seed will be exported and backed-up encrypted on the cloud Easy to Use Manage all keys on the mobile app in a simple and easy to use interface Increased Security Combine the security of a cold wallet with the convenience of a hot wallet Data Control User keeps control of data
10. INTRODUCTION Our solution consists of a military-grade security, privacy driven approach, and censorship resistant infrastructure in an easy to use solution. Vulpem Vault Private Secure Trustless
11. VULPEM VAULT How It Works
12. OUR PRODUCT Home [ Ledger Nano S ] Trusted 3rd Party Office [ Trezor ] Vulpem Wallet Mobile App [ iOS / Android ]
13. OUR PRODUCT Integrations Ledger Nano S Trezor iOS Secure Enclave Android Keystore AWS cloudHSM Cold Storage 3 out of the 5 signatures are cold wallet. The keys are spread across multiple locations in a combination of multiple hardware wallets.
14. OUR PRODUCT CaaS holds one of the five keys in a cloud cosigner service. This allows advanced features and add on services such as: Payment Delegation Inheritance Backup & Recovery
15. OUR PRODUCT 3rd Party Co-Signer Holds one of five keys, but cannot do anything but provide the key to allow payment. Cannot view transaction details and history. Trustee The trustee is manages the trust assets in accordance with the wishes of the beneficiaries. Has visibility and control of assets. Control Visibility Adds Security
16. BUSINESS MODEL “BitGo buys out Kingdom Trust” Blockchain security startup BitGo acquires a digital asset custodian called Kingdom Trust “Northern Trust starts Crypto Custody” Leading global asset management firm Northern Trust with $954 billion in total assets under management, is planning to start a custody service for digital assets. Jan 25, 2018 Jul 31, 2018
17. OUR PRODUCT Send Assets Provisioning We provide the mobile application and hardware needed to operate VV. Receive Assets Receive payments anonymously. Collect required signatures from wallets and send transactions. Alt description: (Setup app and connect to other hardware wallets)
18. OUR PRODUCT Ledger Nano S Vulpem App [ Key ] Trezor Vulpem App [ Controller ] VV provides a mobile application to generate and hold one of the keys in the secure enclave. The mobile app acts as a simple to use controller to interact with other hardware wallets supporting their initial provisioning.
19. OUR PRODUCT 1. Mobile App [ Generate Key on Phone ] 3. Trezor [ Generate Key at Office ] 2. Ledger Nano S [ Generate Key at Home ] 4. Trusted 3rd Party [ Collect Key from 3rd Party ] 5. Vulpem Multisig [ Generate on mobile app using cosigner service ] Every seed will be exported, encrypted, and backed-up on the cloud.
20. OUR PRODUCT Keyless Generation of Receiving Address Ability to generate a new receiving address without the need of touching keys. Watch-Only Mode Watch-only mode allows to check the balance directly from your phone without leaking meta-data over the internet and avoiding the hacking risk.
21. OUR PRODUCT Recurring Payments Instruct wallet to make recurring payments on your behalf by pre- signing transactions The mobile app serves as the endpoint to collect signatures from other hardware wallets and send transactions anonymously. Additional security measures include the enforcement of spending limits and Multi Factor Authentication (eg. Google Authenticator). 3 Keys No Limit 2 Keys Custom Limit 1 Key $50 Limit Transactions Modes [ Spending Limits ]
22. OUR PRODUCT Every transaction is backed up by a time locked release in a trustless environment. Hence, the key can be recovered without VV meditation. No Censorship No Control of Assets
23. OUR PRODUCT Bitcoin Ethereum ERC20 Tokens + More Coming Soon
24. VULPEM VAULT How We Make Profit
25. BUSINESS MODEL One-Time Provision Fee Annual Custody Fee One-Time Provision Fee Annual Custody Fee Individuals [ SaaS Model ] Institutions [ On Premise & IaaS ] [ Annual Fees Cover 24/7 support, inheritance, disaster recovery ]
26. BUSINESS MODEL Ease of Use Trustless Hot Wallet Cold Wallet Trusted 3rd Party Inheritance Solution Privacy (no blockchain) Cost Min. Deposit Setup Fee Monthly Fee $10m $100k 10% Min. Deposit Annual Fee $500k $10k Min. Deposit Setup Fee Annual Fee None None 2 BTC
27. FINANCIALS Co-Signer Service [ Alpha Stage ] Co-Signer Service [ Beta Launch ] On-Premise & Datacenter Solution α β α iOS & Android Wallet [ Alpha Stage ]