LIGHTPAPER

“So, what seems to be driving the growth of ICOs in 2018? It would seem that two of the factors are a long-term return on investment and the rise of genuine use cases for cryptocurrencies and the underlying blockchain technology” - TTM Agency

Mission

To continuously innovate and optimize the human capital and corporate resources of the company through establishment of blockchain technology and development of dedicated communities within Asia region.

Vision

To be the fastest growing investment conglomerate within the Asian corridors through community effort, smart partnership and technological advancement utilizing blockchain technology.

Partners

The Problem

In the year of 2017, Initial Coin Offering (ICO) were the craze, an ICO is plainly put an IPO, except it is unregulated and open to everyone to contribute in the form of cryptocurrency and in some cases, fiat as well.

Come 2018, many regulators and government officials cracked down on Initial Token Offering (ICO's) and the ICO market saw a downward spiral. Since then, many cryptocurrencies and blockchain projects have shown interest in a new avenue, namely, Asset Based Token or Security Token Offeing (STO).

With the advent of 2019, with most projects being classified as a security, projects are heavily vetting and evaluating the prospects of an Asset Based Token and their future benefits.

We, at Tu Meng Bi, understand that regulations and compliance are under development and have not fully reached their true potential due to existing regulations being subjected to a

lot of scrutinies and many problems have yet to be rectified.

Tu Meng Bi believes that the avenue for tokenizing assets and a marketplace for digitized securities will come about in the near future, with that in mind, Tu Meng Bi is taking its first step to realising this potential.

Problems we are solving

Crowd funding valueless digital asset

ICO utility tokens, as they are called, are known to be constantly bombarded by regulations and deemed to be valueless in certain instances due to the fact that they aren't backed by the legitimate financial institution or linked to proper business fundamentals.

Securities, on the other hand, are linked to business fundamentals and adhere to established legal guidelines.

Ultimately, it is our view that the current ICO model implemented by most cryptocurrencies is founded on a series of irresolvable conflicts of interest between investors, projects and their said utility token. Investors have no intention of using these utility tokens, while utility tokens that lack demand are deemed valueless and are consequently dumped thereby creating digital assets that lack real fiscal value.

Proper pricing of tokens

Digital assets or securities should be underpinned by real assets, such as equity in a company, precious metals, commodities, real estate, etc.

A good majority of cryptocurrencies today are backed by market sentiment. Security tokens however are underpinned by real assets, such as equity in a company or legitimate financial instruments.

Tu Meng Bi is backed by proper and reliable assets thus justifying its fiscal value.

Tokens are backed by legitimate business fundamentals

Digital Assets are no longer backed by proper fundamentals. Most digital assets today are utility based tokens that have no real intrinsic value. As projects try to realize utility in their tokens, confidence dwindles and the said projects are faced with scepticism. Due to digital assets being a relatively new form of investment, it is imperative for investors and persons alike to have security in their investments. This essentially means having said investment being backed by legitimate business fundamentals (i.e assets, land, cash equivalents and the likes).

Technology

Blockchain technologies can be deployed to improve the delivery of public services, welfare, investment, tourism & leisure, environment, and in particular the community. By having a blockchain hub and providing a proving ground for blockchain projects, it would allow project partners and start-ups to implement Proof of Concepts (PoC’s) and Minimum Viable Product (MVP), further contributing to the growth of the TMB community and token value. This will not only provide substantial development and investment into Palawan but also create better infrastructures and job opportunities for the local communities.

Travel & Leisure

Tourism is also an industry we are looking to apply and integrate Blockchain technologies, with the aim of increasing revenues by reducing efficiencies and creating more streamlined processes for operators and service providers.

Palawan was rated the “Best Island in the World” by Travelandleisure.com three years in a row. Since then it has had a surge in visitors over the past decade. Attracting tourists mainly from Korea, China, and the USA, but also Japan and other SEA countries. With a constant growth of around 300,000 visitors to the Island makes Palawan a hotspot for tourist development and infrastructure projects such as a Hotel Management & Culinary School, Hotel & Resort, Water Theme Park and Island Tours.

Verticals of interest

The TMB will utilise the UTMB for other projects in the TMB ecosystem. These key verticals will lead to more interesting projects that the TMB investor network can choose to partake in. These projects will not be solely real-estate based, but may also have a sustainable or educational approach with the aim of developing the local community as well as generating returns for our investor community. At TMB we believe projects that enhance the lives of the local community also lead to a healthier ecosystem for TMB overall. TMB investors will be able to partake in innovative technological initiatives, such as, food supply chain solutions, based on Blockchain, guaranteeing food security for the local community.

Verticals of Tu Meng Bi

TECHNOLOGY

BLOCKCHAIN HUB

INVESTMENT

ASSET

WELFARE

CHARITY

TRAVEL & LEISURE

RESORT DEVELOPMENT

COMMUNITY

TRAINING DEVELOPMENT

ENVIRONMENT

AGRICULTURE

Community

Empowering the local communities, through the use of Blockchain based products and services, will not only generate income from previously untapped markets, but also provide adequate training and education to the local communities on the island.

Agricultural and aquaculture projects, in line with the UN’s Sustainable Development Goals, provides both employment and food production to the high influx of tourist to the island, as well as the local residents. Further expansions of the project will include education and training, with a focus on tech and IT, and the establishment of a Management & Culinary School to empower the local community to be more self-sufficient and sustainable.

Environment

As Palawan Island is a UNESCO World Heritage site, it of the utmost importance that we adhere and maintain the standards and obligations issued by UNESCO. Utilising Blockchain based technologies to record and regulate industries in accordance with UNESCO’s policies (e.g. tracking forestry and assisting in the protection of aquatic life and coral reefs), further streamlining administrative processes that are a burden to the government and community of Palawan.

It is of utmost importance to maintain the natural beauty of the island and keeping Palawan as a major attraction, and World Heritage Site destination.

Welfare

Innovative projects and financial models, such as micro financing institutes, will allow local communities access to finance, empowering them and their families to lead a normal life in a more conducive economic environment.

Intergrating blockchain technology to provide micro financing solutions will also ensure that the funds are allocated to the right people and for the right purposes. Through the use of Smart Contracts funds can also be placed in escrow until the set conditions or requirements are met, therefore leaving little to no room for fraud and dishonest behaviour.

Investment

In order to create forward thinking investment models and opportunities for foreign investment, the TMB platform is offering turnkey investment solution across multiple verticals, at the same time placing the investor at the core of the decision making process. Investors will not only be able to enjoy the nature and attractions of their investment but also receive priority privileges and benefits such as free upgrades, preferential treatment, discounted services etc.

Investor’s Relations Through the booms and bust of ICO’s back in 2017, it is apparent that ICO’s are faced with various issues. The issue that is constantly highlighted is usually pertaining to investor’s relations and the efforts were undertaken to maintain and strengthen those relations.

Though TMB is not implementing or executing an ICO, an adequate business practice still indicates that Investors’ relations are still of prime importance in any business.

Amongst the practices that we are implementing to safeguard our investor are but is not necessarily limited to:

- The procedure of issuing additional offers for project purposes will be done in rounds and will be done on a need to do basis. - “Less promotion is better promotion": “In avoidance of over-marketing an ICO forcefully, as it weakens the credibility of projects; more emphasis will be placed on private investors and venture capitalist" - A stronger focus on governance and lawful substance set-up in the near future.- Investors are subjected to a lock-up period, this helps investors to better gauge the benefits/risk of their venture decision.- Transparent communication during and after sales (e.g.: the current state of affairs of the token and any future developments that might occur).

TMB Tokenomics & Crowdsale

Micro-Round

Estimated Project Cost

Contingency

Pure Project Cost

TMB Group Soft Cap

Operations, Marketing, and Tech Build Costs

Maximum Damage for TBN conversion

TMB Group Raise Goal

Nearest 100K (rounded up)

Palawan Hotel/Resort Series 1

$73,529,411.76

20%

$88,235,294.12

20%

$3,080,000.00

$1,899,240.00

$21,846,298.82

$22,000,000.00

TMB DistributionCompany ReserveInvestor AllocationTotal TMBTMB issuance value (per token USD):

# TMB Tokens Issued110,000,000440,000,000550,000,000

$0.20

Distribution %20%80%

TMB Distribution

Company Reserve20%

Investor Allocation80%

Funds Usage Clarification • 86% Project Funding/Investment – Majority of the funds will be used in the Tu Meng Bi

Ecosystems (technology, welfare, investment, etc). • 7% Marketing – these funds will be used for various advertising and marketing activities

(marketing campaigns, events, SEO optimisation, publications, influencers, social media, etc)

• 3.55% Operations – this allocation will be used for costs incurred in the daily operations of namely human resourcing, administration, office space rental, server infrastructure, security audits, regulatory compliance, etc.

Fund Allocation

Project Funding/Investment

Marketing

Operations

Technical Build

Percentage %

86%

7%

3.55%

3.45%

Fund Allowcation Break DownInvestment Capital Utilization Graph

Project Funding/Investment - 86%

Operations - 3.55%Technical Build - 3.45%Marketing- 7%

• 3.45% Technical Build – these funds will be used for developing and innovating all aspects Tu Meng Bi such as added functionality, security, infrastructure, user and customer service, etc.

TMB Lockup Periods

TMB has two primary token lockup periods in place: i) for the Company Reserve allocation, and ii) for large private sales investment. These schedules begin on the first day of the proposed initial crowd sale Opening Period, which will be on April 9th 2019 onwards.

Vesting Period TMB Holding Schedule

48 Months 77,900,000 TMB 2.0834% vested every month

Company Reserve Timed Release

Private Investment Timed Release (based on token holdings)

3 Months

3 Months

10,000 TMB -99,999 TMB

TMB Holdings Schedule

100,000 TMB >

50% vested immediately and 16.67% every month thereafter

40% vested immediately and 20.0% every month

Vesting Period

TMB Token

Tu Meng Bi is aiming to realize a variety of initiatives with the intent of building a network of companies and projects with a wide portfolio of products and services within its ecosystem.

TMB token is an ERC1400, this essentially means that it is a more versatile and robust Smart Contract compared to the current standard ERC 20. This allows new and different functions such as:

- Options for forced transfer (for legal and fund-recovery procedures)- The possibility of emitting of issuance and redemption in standard events- A mandatory ability to attach metadata (i.e. identity information) to a token holder’s balance- Is Compliant with both ERC-20 and ERC-777 standards

Considering TMB will have profit sharing and possible ownership of company property or projects (e.g. fractional ownership of property), of the TMB token.

Tu Meng Bi is aiming at raising funds for a variety of initiatives. With its prime focus to build and facilitate projects on 3 parcels of land in northern Palawan with its first initiative being the undertaking and development of a resort hotel (TMB 1.0) in a parcel of land in Northern Palawan.

Tu Meng Bi's first project, (TMB1.0), a resort hotel will be based north of El Nido.

In order for development to take place, the resort hotel requires a funding of $88,200,000.

A total of $13,300,000 will be used as partial funding to develop the resort alone. Whereas another $2,200,000 will be used for marketing, technological and operational costs.

Micro Round Financing Model

TMB will be utilizing a MRF model

TMB will be utilizing a Micro Round Financing (MRF) model. Micro Round Financing model utilizes the traditional VC model of issuing shares and raises funds in tranches.

The ease of token issuance and using blockchain technology to automate the funding process flow allows us to streamline the VC model to just its most basic components creating a much more efficient model.

Typical VC models structure their financing in rounds/each subsequent round bringing with it a fresh issuance of shares and new capital to the valuation of the company and its projects.

Unlike traditional VC models, TMB has made adjustments, particularly to the time and amount of issuance. It is imperative to maintain a positive dilution to valuation ratio during each tranche.

The prime importance when issuing shares are that the number of shares offered to incoming investors must be attractive enough to bring in the capital, while at the same time not reducing the value of shares held by already existing investors.

The key difference with TMB is that instead of distributing company shares, we are distributing TMB tokens.

Dilution Since a TMB token holders value is a % of the market cap, when a new trench of funding is being issued, current investors/ holders lose market share value.

In order to achieve a net positive dilution-to-valuation ratio, it is imperative to evaluate the benefits and values of current market cap + profit share+ asset acquisition and the token rights to these assets are of greater value when compared to the dilution rate of subsequent rounds, thereby ensuring stability.

Reserves and contingency

Reserves and contingency are meant to protect the investor's investments by safeguarding the value of their investment.

In the case of TMB, the remainder worth of token reserves are there for contingency purposes. Furthermore, it will help in becoming a good base to further the development of other new projects under the TMB ecosystem.

As the value of TMB rises, upon raising capital for the following projects, the dilution rate will be smaller because TMB has its tokens reserve base to offset any losses that may arise through the ensuring of future subsequent rounds of funding of new projects.

* Subject to change

TMB Ecosystem

The TMB ecosystem is a broad range of projects varying in verticals. This includes but is not necessarily limited to travel & leisure, welfare, and community amongst other factors. (REFER TO DIAGRAM 1)

Once invested in TMB, investors may choose which vertical within the verticals of their choice i.e. (technology, tourism, and/or investment) suits their interest most and choose to lock their portion/portions of TMB into its associating project thereby funding it.

TMB tokens currently do not have ownership rights as well as profit sharing but is under the purview and will be integrated once viable.

As each project’s particulars varies, each project will give out varying rewards in the form of profit sharing, utility tokens (UTMB), and ownership rights.

As of now, TMB has TMB 1.0, its resort development project. In April a new project will be enacted, TMB 2.0.

UTMB After purchasing TMB, investors may choose to lock in the TMB for a said project thereby funding it.

Over the period of development, investors will have to leave their tokens locked into a said project for 48 months* vesting period thereby ensuring development.

Throughout development, projects that have been funded will generate UTMB (Tu Meng Bi Utility token).

UTMB is the active token of the TMB Eco System. UTMB can be used for various goods and services throughout all of TMB Ecosystem projects (View Diagram 1) .

Whilst development, investors will get returns through land appreciation, as upon completion of the said projects, these land would have appreciated in value.

UTMB may also be used as a utility token among other projects so long as these projects are under the TMB ecosystem.

Diagram 1

TECHNOLOGY

BLOCKCHAIN HUB CHARITY ASSET

TRAVEL & LEISURE

RESORT DEVELOPMENT

TRAINING DEVELOPMENT

COMMUNITY ENVIRONMENT

AGRICULTURE

WELFARE INVESTMENT

TU MENG BI

01

02

03

04

05

APR

MAY

JUL

JUN

AUG

2019TU MENG BIROADMAP

SEP

- Private Sale launch for Tu Meng Bi- TMB structure Developement- Formation of partnership with a) Ai World Park & Resort b) Palawan Blockchain Network

- Revision and enhancement of TMB ecosystem - Forging new partnerships with projects that

are complimentary to Tu Meng Bi a) Tour & Travel, (i.e island tours, notable

travel destinations, tourist attractions etc) b) Hotel, (resorts, chalets, villas etc) c) F&B Outlet (fine dining, cultural

restaurants, ) d) Lifestyle (theme parks, shopping malls,

recreational activities)

- Launch of a new project - Blockchain summit hosted in Palawan- Roadmap review

- Marketing campaign launch - for Tu Meng Bi - Overseas presentation for Asian market

- Asian roadshows - Experiential marketing in

Eastern Hemisphere- Memorandum of Agreement

(MoA) with development partner

- Soft launch of Blockchain Hub in Palawan

- On boarding advisors for Tu Meng Bi

- Further development of TMB ecosystem

- Building smart partnerships

- On boarding of new merchants for expansion of Tu Meng Bi

- Community project survey for future projects

- Revaluation of TMB projects

Team

Alex TangFounder

Nicholas LingArchitect (Konzepte)

Alex G. LeePartner

Noh Hong KyunAdvisor

Surinderpal SinghAdvisor - Corporate Affairs

Dato’ Daniel ChanAdvisor - Special Projects

Terry WilkinsonTechnical Advisor

Contact UsTBA

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