CommuteCoin is an environmentally conscious way to generate cryptocurrency through proof of stake while providing commute solution to millions of users.

1. Copyright HighBlood Pte Ltd
Blockchain Vibes = Verify all the things!
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Btw this is brutalist design go google it
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don’t you think the other whitepapers all very lorsoh

2. An asset like gold has value because people have come to a
consensus that it has value. But Consensus isn’t enough to confer
value – the asset must also be a scarce resource. Nobody is going to
assign value to something freely available.
Fiat money works because people trust central banks as an institution;
they trust it would not print fiat indiscriminately and send the economy
into hyperinflation. One fundamental trust here is trust in fiat currency
as a store of value over time. Yet this trust isn't very scalable for other
entities and especially between strangers. Without blockchain
technology serving as a decentralized public ledger that maintains
immutable records of the volume of a cryptocurrency, nobody can trust
that virtual credit can be a store of value that maintains its integrity over
time. Bitcoin is one application of blockchain technology - which enable
databases to operate as decentralized public ledgers. The instrumental
innovation of blockchain technology here is that it allows everyone to
have complete knowledge about how many coins there are in the entire
system and how they are distributed amongst stakeholders. That confers
cryptocurrency its scarcity and allows people to trust that it is valuable.
Immutable
We are creating 1 billion CommuteCoins that can be mined.
There will only ever be 1B CommuteCoins; these would
never depreciate due to inflation.
Fixed volume
Equitable
Transparency

3. Choice of blockchain base
The bitcoin blockchain operates on a consensus
algorithm known as Proof of Work. Basically a
miner must use her mining hardware to resolve
cryptographic puzzles in a way that other entities
on the blockchain will be satisfied with and can
verify for themselves that she has indeed solved
it first. This results in grossly expensive hardware
solving computational puzzles that are
intrinsically obscure and meaningless to
humanity, which then also harms the
environment. This is not environmentally
sustainable.
The CommuteCoin blockchain will be built atop
environmentally sustainable blockchains that
behave according to Proof of Stake or Proof of
Authority models.
If we adopt a public blockchain, our system will
still involve validation of blocks through
computational power. Running a private,
permissioned blockchain would be least
democratic but removes the need for block
validation entirely.
Public
Blockchain
Public
Blockchain
Transitioning into
Proof of Stake
Proof of Work
Public
Blockchain
Based on Proof of
Stake
Permissioned
Blockchain
Proof of Authority
Permissioned blockchain open to public audit of CommuteCoins in
circulation. We do want the public to be able to know that their
CommuteCoins will NEVER be inflationary, even though they have no
ability to validate new blocks on the CommuteCoin blockchain.
Read access granted,
but no write access

4. Fiat transaction
CommuteCoin
transaction
What if cryptocurrency isn't generated
by resolutions of cryptographic puzzles,
which is intrinsically of no value (and
expends electricity for an obscure
activity), but generated by productive
human activity, such as transporting
people to their destinations?
“Mine” CommuteCoin by
taking rides through the
CommuteCoin ride hailing app.
The only way to create more
CommuteCoin would be
through actually providing a
ride for someone else.
Authority Node
Ride service
Same as
incumbent
prices
X%, not exceeding
incumbent rates
Case 1: Rider earns CommuteCoin
Authority Node
Ride service
Case 2: Driver earns CommuteCoin
FREE RIDE

5. Objectives
• Introduce alternative currency that is non-
inflationary = better store of value than fiat money
• Create environmentally sustainable crypto that
can be mined by anyone
• Creating foremost broad distribution crypto
• Make ride hailing more equitable for riders and
drivers

6. High level concept
$CommuteCoin$
Ride hailing as a generative
mechanism for crypto Strictly speaking if we only wanted to create a non-inflationary currency
based off meaningful human activity, any kind of transaction would suffice.
Ecommerce would work even better because of the high volume of
transactions occurring at a higher rate than ride hailing. However, it would be
easy for buyers and sellers to collude and exploit our system in a profitable
way. Ride hailing in particular exhibits four characteristics that make it
particularly suitable as a generative mechanism.
• High frequency activity that sees a high transaction rate.
There are >7.3M 30-day active users in Southeast Asia
alone.
• Random pairing of riders and drivers thwarts collusion
through ensuring a separation of interests.
• Trackable by mobile device through GPS, serving as an
additional layer of security.
• Crypto fiat price then becomes an objective measure of
some meaningful economic activity

7. Coin for the common man
From the printing press to the steam engine
to the Internet, adoption has always been
the name of the game in the diffusion of
new technology. As much as bitcoin has
been revolutionary in creation of digital
money, it really sucks in terms of
distributing that digital money far and wide
into the hands of not just savvy
programmers and farsighted investors, but
that of the average person. Mining is
exorbitantly expensive, and the really
significant players comprise of a minuscule-
sized elite. CommuteCoin serves to fill this
gap - you literally download an app and
book a ride to mine CommuteCoin.
People will use the CommuteCoin app if their rides are
potentially free. And it would be because there would be
blockchain aficionados who want to mine coin but are deterred
from doing so because of the present high cost of
computationally doing it - you need expensive GPU farms to mine
bitcoin in a way that warrants economic sense.
The mechanism to mine cryptocurrency through proof of work
models is flawed - scaling it would require exponentially
increasing hashing power because of Moore's Law, and new
graphic cards are being sold every 6 months. Not only do you
need to increase your hashpower by getting more hardware, you
also need to constantly replace obsolete hardware. We
fundamentally disrupt the present practice and make mining
financially accessible to everyone, not to mention being
completely environmentally friendly - there is no extra carbon
cost from using CommuteCoin because the user would need to
get to his destination anyway.

8. None of the
above
At least one
of the above
Is your ICO legal?
CommuteCoin’s ICO would not be available for citizens of the People’s Republic of China. The Monetary Authority
of Singapore has been very clear on what ICOs fall under regulation and what ICOs do not. Link:
http://www.mas.gov.sg/News-and-Publications/Media-Releases/2017/MAS-clarifies-regulatory-position-on-the-
offer-of-digital-tokens-in-Singapore.aspx
Are your tokens a
security for future
equity? Do they
represent ownership of
assets or properties? Is
it a debt instrument
representing money
owed?
ICO is legal
Participation in
CommuteCoin’s
ICO is legal (unless
PRC)
Not legal (yet).
Lodge and register
prospectus with
MAS

9. Ride hailing market
Total addressable market (TAM)
Global
Goldman Sachs https://orfe.princeton.edu/~alaink/SmartDrivingCars/PDFs/Rethinking%20Mobility_GoldmanSachsMay2017.pdf
Google & Temasek https://docs.google.com/presentation/d/1Bp4KT-W8RF4ZorPUthts8X-B7QHBhsEnY1T5G7XifU0/edit#slide=id.g1421568192_0_60
Serviceable available market (SAM)
Southeast Asia
285Bby 2030
13.1Bby 2025
0.8B
Singapore (today)

10. Initial target audience
• Psychographic - Crypto enthusiasts who missed
buying into bitcoin in its infancy
• Demographic - College crowd due to our unfair
advantage in organically attracting this group
• all influential consumer apps begin proliferation by
dominating this demographic

11. Rides
Subway
Potential uses of CommuteCoin
Parking
Petrol
Merchants
Buses

12. Today M1 M2 M3 Q2 Q3 Q4 Q5
Token Sale
(% of total
tokens)
Private
Presale
5%
ICO
10%
2CO
25%
New
Features
Coin transfer
and sale on
exchanges
Ride-
sharing
New
Geographies
for App
Singapore
(pilot)
Malaysia Hong Kong
South
Korea
Roadmap Total tokens = 1B

13. Blockchain technology should always be used to promote activity in an
ecosystem of aligned incentives while reducing friction. There are
some ICOs for some projects which seem to increase friction rather
than reduce it. CommuteCoin aims to foster a considerably more
distributed way to generate more crypto into the system.
variable rewards has been one element
of user engagement.
Let’s incorporate this into CommuteCoin by allowing Drivers to opt to mine CMC in
place of Riders, who would in such cases get a free ride.
marketing hook: Get a free ride!
Omg I just got a free ride yippee! Going to tell my friends!

14. Kylie Teo, Co-founder and CMO
• Raised anonymous confessions app Fessup.sg, which reached 22%
retention
• First class honors, Nanyang Technological University
• Guerrilla Marketer
• 3 years experience in product management and UI/UX
• Published writings: https://e27.co/herbert.eng
• LinkedIn: https://www.linkedin.com/in/herbert-eng-2297102a/
Herbert Eng, Co-founder and CEO
• Founded Kydauz, a marketplace for organic and natural beauty
products, official exclusive distributor of Carbon Coco in
Singapore
• Year 2 student in National University Singapore
• Worked with advertising agencies such as BBH and Leo Burnett
• Savvy marketer attuned to the ground with first degree
connections with influencers
• LinkedIn: https://www.linkedin.com/in/kylie-teo-086618139/
Growth Hacker Groundsweller
“Herbert is like the ostracized
smart-aleck but I recognize him
for his visionary ideas. He may
be controversial and slightly
mischievous but I would
encourage people to look at him
with a clearer lens.”
“One might assume that Kylie is just
another pretty face and I admit I might
have that idea at first but I quickly learnt
that she’s the real deal who would take
on skin in the game with genius ideas.
Most college students start their own
thing in their third or fourth year and very
rarely would someone jump into
entrepreneurship before college.”
Runway to critical mass

15. Kylie Teo
Co-founder and CMO
Herbert Eng
Co-founder and CEO
Growth Hacker Groundsweller
Runway to critical mass
Gary Bhatti
Solution Architect
Gary Bhatti has 14 years in technology and commercial
software solutions architecture development. He has
proven ability to identify, analyze and solve problem and to
increase customer satisfaction and control costs through
expertise. Understands complex database concepts as well
as the implications of different database designs.
He currently serves as the CEO of Netset Software
Solutions, and has experience in architecting robust
solutions for governments and MNCs for their web, mobile
and blockchain based products. Netset Software Solutions is
currently a technology partner with CommuteCoin.
Leveraging psychology
to orchestrate growth
and retention
Groundwork, language
skills, connections
Tech
HIGHBLOOD.co is
• Sponsored by BasicBrix, a local cloud services
provider.
• Top 40 out of 230 teams in Ideasinc 2017
• Went viral in March 2017
• Softlaunching our dating app at the Get Juiced
bar. Drinks and venue are sponsored by Get
Juiced.
• Expect >200 attendees, including CLEO, Coconuts
Media, SethLui.com, Rice Media, Block Show Asia,
Richtopia, SAUCEink, Wellness Insider, Bullet
Campus NUS, e27, The Independent, Heart
Media, NSI Ventures

16. “Blockchains are a new invention that
allows meritorious participants in an open
network to govern without a ruler and
without money … The meritorious are
those who work to advance the network.
As society gives you money for giving
society what it wants, blockchains give
you coins for giving the network what it
wants.” – Naval Ravikant
https://medium.com/the-naked-
founder/naval-ravikants-36-tweets-on-
cryptocurrencies-f9b2b64106c1
Help us create the network for civilian
transport, powered through
CommuteCoin.
For all of Satoshi Nakamoto's claims to nullify
the hold of the central bankers and their ability
to literally print money, he/they profited
through the rising price of bitcoin. Satoshi
would be a fiat billionaire now if he cashed in
on all 1 million tokens he allocated for himself
at the beginning. Indeed, here we have the
same proposition to an early investor, get in on
the tokens now, before CommuteCoin becomes
too ubiquitous to ignore. There would be
increasingly more riders demanding more
equitable payments, and more folk wanting to
own some CommuteCoin themselves.
EVENTUALITY - service aggregators like Airbnb
and Uber will all be disrupted by the
blockchain- it’s either sooner or later.

17. Existing ride
hailing apps
Rides are subsidized by
venture financing
YOUR RETURN DOES NOT DEPEND ON
US BEATING UBER/GRAB but investor
bullishness on cryptocurrency
GLOBALLY. The price of bitcoin will
prop up CommuteCoin’s price and
you will be able to cash out your
tokens later
Returns contingent on
business model i.e.
continue to bleed money
till self-driving cars achieve
mass adoption, forsaking all
their drivers
Fiat transaction
Fiat by way of
Bullishness on
Bitcoin as an
investment vehicle
Rides are subsidized by
a network of global
crypto investors
?
Fund us and we
give you
X% and X tokens
CAN COEXIST
TOGETHER