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WHITE PAPER Blockchain penetrates deeper VERSION 1.1 August 7, 2018 www.vogov.io Contents Introduction 3 Background 5 Fan Engagement 5 Ease of Purchase 5 Cryptocurrency Acceptance and Business Usage 7 Extended Cryptocurrency Billing 8 Low Fees 9 Anonymity 10 Market Cap 10 OGO coin: Token Economy 12 Triple Token Value 13 Token Demand Generation 15 Limited Supply 15 Burn Mechanism 16 Partnerships 17 Liquidity Pool 18 VogoV: A Decentralized Adult Film Studio 20 Gonzo 20 Interactiveness, Decentralization and Voting 21 OgoShift: An Adult-Industry Сryptocurrency Infrastructure 25 Wallet 26 Merchant Account 27 Marketplace 29 Exchange 30 Crowdsale Conditions and Terms 31 Token and Crowdsale Details 31 Crowdsale Rounds Difference 32 Crowdsale Bonuses 34 Token Distribution 35 Crowdsale Success and Project Implementation 36 Roadmap 37 Advisors 39 Team 40 Conclusion 43 Disclaimer 44 Introduction Blockchain technology and cryptocurrency has created a signifcant worldwide technological shift that has also affected the adult entertainment industry. VogoV is taking advantage of this technological shift and the limited competition in the open market to create a practical token ecosystem combining the adult entertainment industry and cryptocurrency. We are changing the way the adult entertainment industry utilizes and interacts with cryptocurrency, starting with its acceptance and business usage and ending up with the non-technological value that a token may bring. At present, most adult businesses only utilize cryptocurrency as an alternative payment method. We believe that cryptocurrency can be used for much more. VogoV plans to embark on a grand experiment to investigate how willing the adult entertainment industry is to accept and work within the blockchain environment. We aim to apply the blockchain philosophy of decentralization to our business model in the form of a decentralized interactive adult flm studio located in Los Angeles, California. In addition, we will contribute to the cryptocurrency space and to adult communities by developing a new payment infrastructure called OgoShift, which is specifcally tailored to the adult entertainment businesses and to its customers’ needs. The cryptocurrency, designated “OGO coin” is an anonymous coin that individuals can use to purchase goods and services from the adult entertainment industry. But the coin provides much more utility than just being a payment method. Our goal is for OGO coin to be the way in which token holders can become actively involved in the adult entertainment industry. Individuals who purchase OGO coin, VogoV’s token, will gain fnancial benefts by getting a discount when buying membership access to VogoV’s high-quality adult flm video library and to the video libraries of our partners, such as TeenMegaWorld and TmwVRnet. By using OGO coin to pay for their membership, token holders will pay three times less than they would if they were using fat currency. This means that if a membership were to cost US$21 in fat currency, it would only cost US$7 in our cryptocurrency. 3 Introduction In addition to enjoying a fnancial advantage, token holders will also be able to vote on a variety of issues related to content production within VogoV.com as well as gain exclusive access to special offers. The community of token holders will be able to take part in the creation of content by helping to decide on scripts, scenarios, actors and actresses etc. Token holders will also be able to enjoy the convenience of using and trading cryptocurrencies that are accepted as payment for goods and services within the adult entertainment industry. VogoV is holding a Pre-Token Sale from August 21 to 31, 2018. The frst round of the Token Sale will be held from September 26 to November 14, 2018 and the second round of the Token Sale will be held from January 26 to March 14, 2019 or until the hard cap has been reached. During these sales, individuals who purchase VogoV service-use tokens can use them to get immediate access to the following member zones and libraries: VogoV TeenMegaWorld TmwVRnet 2 Videos 5 000+ Videos 160+ VR Videos Our crowdsale is not a goal in itself. It is a tool to help us attain our goals of developing a decentralized interactive adult flm studio, developing a new cryptocurrency payment infrastructure for the adult entertainment industry and issuing a unifed industry cryptocurrency. We plan on using the crowdsale to achieve the big-picture goal of cryptocurrency proliferation and usage simplifcation within the industry. 4 Background The adult entertainment industry has always taken advantage of technological advancements, and cryptocurrency is an innovation that has the potential to have a profound effect on the industry. The current adult entertainment industry is faced with a number of issues. Cryptocurrency and blockchain technology can offer a number of solutions to these issues that are affecting the growth and expansion of the adult entertainment industry. Fan Engagement The end users of the goods and services within the adult entertainment industry rarely get to be involved in decision- making. By allowing token holders to vote on how the VogoV adult flm studio actually operates, these token holders will develop a sense of engagement with the industry. As users feel more engaged in the process, people will feel more connected to the industry. As more people express an interest in becoming involved with the industry, both the industry’s proft levels and the coin’s utility value will increase. By opening video production operations to users through the voting process, the community can ensure that they get the content that they want. This will help industry proft levels since users are more likely to purchase goods and services if they can get exactly what they are looking for. Ease of Purchase At times, it can be difcult to make a purchase within the adult entertainment industry. Users need to search online for the goods they want to purchase, fnd the appropriate website with the best price, and then enter their credit card number to make the purchase. This will then be recorded on their credit card bill and in the credit card company’s records. 5 Background Even if they are using cryptocurrency to remain anonymous, it can still be a convoluted process. They need to go to an exchange, purchase the cryptocurrency that is needed (often frst buying a popular currency and exchanging that for the required currency), then either send that cryptocurrency to their personal wallet or leave it in the exchange wallet. This process can be both confusing and time consuming. After this, they need to go back to the original website (where they want to purchase an item) and send the cryptocurrency from their individual or exchange wallet to the website. They will also need to pay fees at each step of the process. At any point along this process, users can change their minds and decide to not make a purchase. VogoV is addressing this issue. Not only will it issue an individual cryptocurrency (OGO coin), but it will also develop a payment infrastructure comprising a marketplace, an exchange, a wallet, and a merchant account. The marketplace will be a “one-stop shop” where people can easily access goods and services from the adult entertainment industry. The exchange will allow people to buy and sell required cryptocurrencies. The merchant account will enable a seller to accept cryptocurrency. The wallet is the core of the infrastructure and connects all these solutions into a single system. As the marketplace and use of cryptocurrency within the industry continue to grow, more businesses will be inclined to join the marketplace. This will increase access to the industry and also grow the utility value of the individual cryptocurrency. This in turn will attract more consumers to the marketplace and the exchange. VogoV plans on connecting the marketplace and the exchange through a single common wallet. This means that people can use their platform wallet regardless of whether they are in the marketplace or in the exchange. This will make it easier to buy and sell goods and services. Users can search the marketplace for goods and services, and once they have found what they are looking for, they can easily buy the items. 6 Background The businesses using our merchant account will be able to place a payment button on their website. With a click on the button, customers will be able to pay with the cryptocurrencies they have. With a few optional clicks, customers can register and gain access to automatically generated wallets, which will provide the customers with a quick and easy way to buy any cryptocurrency and to pay with any cryptocurrency. The easier it is for a person to make a purchase, the more likely that person is to actually make a purchase. Cryptocurrency Acceptance and Business Usage There are only a few industries that accept cryptocurrencies, and there is no single approach to the legal aspects of cryptocurrency and its regulation. In most cases, it is considered a medium of exchange rather than a legitimate payment method. For these reasons, cryptocurrency acceptance and business usage is limited in more conventional sectors. Businesses operating in gray areas are more open to using cryptocurrency since they are used to resorting to “workarounds” that may not be completely legal in order to get paid. Most adult entertainment businesses operate in legal gray areas. According to our ongoing market research, we have already found that more than 470 established porn websites, 50 webcams, and 35 sex shops around the globe accept cryptocurrencies, although they mainly only accept Bitcoin. To give a sense of scale, these porn websites get over 4.6 billion visits a month compared to the 2.4 billion visits monthly to PornHub.
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