Can I Sign California Banking Presentation

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[Music] [Applause] [Music] I'm Vincent and I'm the CEO of Monet's I just want to thank you guys for being here too this evening and also untying the comodo team where we met in in Copenhagen and it was a sweet long road since the my name is Robert and I am of course the person who's heading up the UK market at Monet's I'm also the person is dealing with anything into a blockchain innovation talking about the freelance economy or the gig economy and also small businesses and what we're finding is that the world of work is changing okay so ten years ago a solid business or career plan for a young young person will be to go to university spend three or four years University then go on to work for you know perhaps a large corporation stay there for 20-25 years and then maybe work for another company but ultimately not move around too much and then retire and what we've seen since the financial crisis is a change so it's a change in which people are moving around a lot more they're more agile and they're doing a lot a lot of different stuff within their within their career and within that context what we're finding is that more and more people are creating their own businesses becoming freelancers so McKinsey and company have suggested that by 2022 60% of the world's workforce will be freelancers now the problem we've got is that the banking industry has underserved this demographic so small businesses and freelancers quite poorly traditionally the banks are very good at focusing on people like me and you so consumers because our needs are actually quite similar the other client that the banks will traditionally focus on is big business if I'm a bank manager at Barclays then and I've got let's say IBM as a client and you can make you can be pretty damn sure that I'm going to make sure the bulk the IBM is a very very happy client right now the problem with small businesses and freelancers is that you've got all different kinds of activities or living kinds of industries within within that particular with another ticket demographic and what we'll find is that the banks will often turn away small businesses and freelancers just because they can't deal with with all these different needs and branchless banking now we no longer need to go into a branch to do our banking right everything we need to do can be done online another thing that is personalized I put personalization we need to get the right products to the right small businesses no matter who they are in a very simple way and ultimately what we're trying to do is to make something that would traditionally be quite complicated very simple and I'll show you a first example here so I'll show you the onboarding process of once again this is we're going to show you here through this demo is the ability to create an account in less than five minutes it's sped up here a little bit so we go into the application has it been now that's been downloaded on either iOS or Android now the free pieces of information you'll need to open an account are your company information one a form of ID and the proof of address you'll come in here you'll enter your email address a password which you'll verify and then you'll start entering information all yourself as a business owner as a director first name second name phone number date of birth company registration number and then of course company name and that what's going to happen next is a booking within the application take photos of those documents that I mentioned earlier okay so we'll take photos of the driving license I'll just with that's come along so this is diem who's the CTO this is his driving license he's in California and he's creating his account he's going to take the photo of the front of his driving license Daniel take a photo of the back then he will take a photo of his proof of address and I once again the driving license or the ID needs to be in the country in which the account is being created okay the information is verified in real time very quick and then the Iban as you can see here is given immediately and within less than five minutes you've gotten media access to your account and within five days you'll get one of these okay which is the Monet's business master code I'm gonna talk to you a bit about the open platform that we've built building since well this whole adventure started so we wanted to work around an open platform around four different categories of services the first one is banking insurance payments and even Lending's we build that in a way that we have legal blocks that are modules with the connectivity towards our partners the less dependency we have the better it is so this is our partner agnostic platform with different blocks we can just literally plug and play on demand we also had another requirement building this platform which is scalability we wanted to have this power of spreading to one country to another without any trouble at least so this allows us to launch in France this year and then quickly to UK and Germany but we aim by the end of next year to across the ocean and Fred Monet's to USA Australia South Africa we we're gonna have Hugh was about the milestone this adventure of money started more than a year ago with a global study in Europe about who is doing what who is working with who everything and we studied developing the whole solution earlier this year in 2017 back in January and then we met you guys the Commodore team at the money 23 event and we got along together pretty well we we are sharing the same vision and the same passion we are all hard workers and actually Munez is the very first cooperation which will be holding a decentralized ICO that means the orders the match the settlement of those orders all the ICO tokens actually and every single investment made by a user takes place in a fully decentralized and blocked based way there is not going to be any third party included you will always be holding your private keys nobody else controls your or Monet's tokens as many of you who buy well I imagine that many but we're very happy as comodo supporters there will be a extremely attractive bonus scheme as part of our token sale for kimono supporters so the first six hours are reserved exclusively to kimono supporters 20% bonus and then of course we've got a very specific timeline after that so depending on when you invest you'll get various different bonuses 15% 20% 5% and then 0 if you invest later on during the ICL farms management so we will be raising a minimum of 1000 Bitcoin and a maximum of 10,000 Bitcoin the other thing I'd say is that what we're trying to do is to really sort of intensifies the that the community to follow us on our journey so one thing we're putting in place is very well it's an incentive scheme so you'll see that 9 percent of tokens being created will be full members of the M&Z community who help us in any way possible through bug bounties it can be marketing bounties it can be I don't know translation bounties or all kinds of different schemes in place so that people could be incentivized to help the molly's community and then the reward program now as we grow and we've got a very ambitious growth plan not only in terms of international expansion but also in terms of uses in terms of numbers ok so by 2021 we want to be bringing on 500,000 clients per month now given the figures I said earlier which is 160 million people just in Europe in the u.s. working in the free lunch space these are actually quite small figures they're conservative we can go much bigger on the same note so by 2022 if we look in dollars we look to be paying so to the totality of the monies community around two and a half million dollars per month in rewards so if you consider the investment if you consider what percentage of that but people dressed without you would have you can start to get understanding of the kind of returns that you'd be getting in the next in the next four is an identity to do calculations using this reward calculator over here a little bit about the team service leave instance introduce himself Guillaume's with me today but there are other people involved so first of all man on who is our marketing manager for the French market very much focused on social media right now getting the numbers up in terms of our subscriber list in terms of Twitter and Facebook and whatnot to ensure that we'd go out with a bang on the French market then Tracy now a lot of people have been messaging me well since last week since we announced the ICL as we've got thousands of messages saying who did the design on your website on the white paper so interesting Tracy or fantastic designer she's an absolute star and it's with it's an absolute pleasure to our own border I'll introduce each and he is our Android developer he is doing an amazing job on Google technologies bringing the banking services on mobile to a whole new level I had so much fun with Froy on building this platform he is a back-end developer a great architect and he is also a JavaScript professor including schools back in France and we also got the help of external developers freelancers so to say Tibo in the first place to start MVP of this partner agnostic platform that I present it before and also Roman he is our angular expert he has done the last web site we upgrade a few weeks ago you