Network The decentralized mobile data economy 1 2 SWITX Switx - - PowerPoint PPT Presentation

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Network

• The decentralized mobile data economy

hello@switx.network www.switx.network

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SWITX

Switx uses the blockchain to create a transparent peer to peer market for the sale, purchase and exchange of mobile data packages in real-time. The Switx Network T

• ken provides utility for

basic services (e.g. micropayments for content, bandwidth peering), and as the basis of secondary marketplaces for network capacity. By building a large pool of mobile data consumers, SWITX would drive a competitive market that have a strengthened negotiation influence for the best deals from telecom carriers looking to expand market share and service efficiency.

• Although mobile data

consumption continues to grow for the

• perators, the service

remains costly and poor.

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• The demand curve for

data appears to outpace the carriers’ capacity, which means that users sucking down a tremendous amount of data are a problem.

PROBLEMS

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• Operators have made significant

advances in overhauling their pricing models for data. However, consumer and enterprise demands for shared data, sachet pricing and M2M bundles are growing, putting operators under continual pressure to refine their approaches.

CURRENT SOLUTION

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• Most operators manage network

capacity with congestion pricing and fair usage policy which reduces quality of service for savvy users.

CURRENT SOLUTION

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• A decentralized mobile data

market built on the blockchain to dynamically optimize bandwidth sharing and pricing model within a microeconomic framework using the concept of sachet auction and bargaining.

OUR SOLUTION

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HERE IS HOW SWITX WORKS

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Users set up and broadcast renting Nodes. The bid from each user is submitted to the masternode pool by using the bidding message. The bid consists of the amount of bandwidth resource and the bidding price. Orders are collected by pool nodes, matched and pushed to the

• carrier. In this system, the

pool can accept the service from the provider based on price and satisfaction with performance.

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Vendors setup leasing Nodes and submit the asking price. Both leasing and renting Nodes search for the

• ptimal asking and bidding prices to

reach a strike. However, they do not have information about each other.

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Matched orders are settled on the blockchain, where each successful trade between parties appears as a set atomic dyed coins swap

• transaction. The service provider

allocates resources/bandwidth according to the users’ bids to fulfill its order. This allocation is based on a discriminatory auction.

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The providers compete in a free market and has an incentive to take the best strategy especially where he doesn’t know the bargaining positions of its competitors.

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Bandwidth is efficiently utilized and managed by the network with a runtime algorithm controlling their transmission rates while minimizing the cost they pay for the used bandwidth.

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THE SWITX WEB APP

Consumers (Renting Nodes)

• Make bid requests.
• Network data, usage and bandwidth

Considerations

Quality service Affordability Switching flexibility

Carriers (Leasing Nodes)

• Sell Data
• Manage simultaneous bandwidth usage

Consumers save 62% with SWITX

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TRADITIONAL DATA PACKAGE

$2/GB

• Flat subscription fee
• 5% of V.A.T + fees
• Expensive switching cost

SWITX PRICING PLAN

75¢/GB

• Innovative/Competitive Pricing Plans
• 25% of the average owner’s profits
• No charges for unused bandwidth

Carriers optimize bandwidth usage by 40%

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TRADITIONAL ALLOCATION MODEL

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SWITX DISTRIBUTED MODEL

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PRODUCTS

Switx’s value proposition to service providers is that they can fully capitalize on the economic interactions between their applications and users. T

• allow those economic interactions, Switx creates an extensible

platform for over-the-top service integrations with a core system that allows global, instant, and cost- effective trustless payment channels established between parties. Current built in applications include:

• Short Messaging Service
• Voice Over IP
• Video and Conference Caller
• Live Streaming
• Radio Application

Third party service integration may include selling computing services, like cloud computing, building localized network architecture, or tier route for data passage. Other use cases could emerge, such as

• nline game, live stations, or data swapping.

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BUSINESS MODEL

The SWITX business model is based on a simple principle. Every transaction is done with the SWX tokens and thus the interests of customers, vendors and investors are aligned. There are basically three streams of revenue generation:  Entry fee  Subscription  Rent  Premium contents  Access Charge  Transaction Fee Over every successful trade or exchange, Switx takes 0.25% as processing fee. Businesses and developers application deployed on the SWITX platform will pay SWITX tokens on periodic basis to host their services.

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MARKET SIZE

Mobile Data Market

Global telecom is a $6 trillion growth industry Mobile broadband connections to increase from 55% of total in 2016 to 73% by 2020 Mobile data traffic to grow by a CAGR of 47%

• ver the period of 20162020

By 2020, there will be 5.7bn smartphones, growth of 1.9bn from the end of 2016. Total mobile revenues reached $1.05 trillion in 2016, up 2.2% on 2015

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The SWITX TOKEN (SWX)

• The native currency of the SwitxNetwork is the SWX. This will serve as the medium of exchange within

the SwitxNetwork.

• The Switxtoken is necessary for the system to allocate network capacity among concurrent clients.
• It provides a means for tracking data mobility, storage, value exchange and transmission,

consequently to grant users access to system infrastructures based on package terms.

• The system uses the token to optimally manage resource allocation, bidding models and balance

matching trade.

• SWITX will be created prior to the ICO, and they will be capped, meaning we are not able to create

any more in the future.

• T
• ken supply is fixed, we create immediate deflationary currency that will be as valuable as our

growing community (users and services) in our ecosystem. Any unsold SWITX token created for sale during pre-ICO and ICO will be burned.

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ICO DETAILS

The total supply will be 250,000,000 SWX, the smallest available denomination being 1000 unit per SWX. The crowdsale will be capped at $7 million USD, in terms of Ether and Bitcoin. As soon as this amount is reached, the smart contract will stop accepting funds. At the end of the crowdsales, token transfers will be locked for two months. The following table below shows the overall specification and breakdown of the token. Spending Allocations

The capital raised from ICO will be utilized for Switx operations, marketing and PR, legal and IT development costs. The main focus of our expenses will be on the technical development

• f the platform. However, marketing & sales will

be allocated a growing importance, as the success of the platform depends on attracting the right supporters and businesses through diverse paid advertising tactics. Other expenses include paying for IT infrastructure, rent &

• trademarks. Switx will be cashflow positive soon

after the launch and will utilize additional capital to support international expansion.

Token Allocations

Description Amount Total supply 250,000,000 SWX Minimum unit 1000 Sold during crowdsale 70% Marketing 20% Team & advisory 13% Contingencies 14%

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TEAM

Joseph Peculiar

Co-Founder / Technical

AbdulHafiz Ahmed

Co-Founder / Operations

Rasheed Alabi

Co-Founder / Business

• Astute Developer
• Ui/Ux
• Blockchain Enthusiast
• System Architect
• Telephony Geek
• Knows a lot about Blockchain algo
• Methodological Mathematics
• Model Designer
• Business Developer

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VISION

“Once Switx get millions of end points we will have degrees

• f freedom to do interesting things like peering. If we are

able to have a point to point close connectivity among our nodes and never hit the PSTN [public switched telephone network], there’s would be a significantly lower cost towards an absolutely freely connected world and we can capitalize as the center of the whole telco value chain.”

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ROADMAP

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