1.Introduction

Crypto assets have started to become more popular day by day together with the development of technology. Crypto assets, which can be used in many areas, have expanded their usage areas and steered different sectors. Petshop.iohas emerged in order to solve the problems of animals and their owners, which are a part of our lives, and to make their lives easier in changing and transforming end-user behavior in the increasingly digital world. Petshop.io is an application that offers pet owners all solutions from A to Z.

2.Introducing Petshop Token

Petshop Token is a user-oriented utility token that improves your Petshop.io App experience. Petshop.io will add value to users by offering various usage areas on the App.

3.Petshop Token Usage Area

Petshop Token is a Token that refers to animal rights and was created to clear the way for creating a better world for animals. Petshop Token holders will be able to take the advantage of following benefits:

• In-APP Usage: Petshop Token holders will have discounted access to the services provided in the Petshop IO APP which has been created for stray animals.
• Usage for partnership and collaboration: The Company can use the Token to partner with other equivalent projects.
• Usage for customer loyalty and rewards: The company can use this Token to offer special incentives and rewards for its clients.

4.Roadmap

• Creation of PTSHP on Bitcichain
• Pre-supply of PTSHP
• Listing of Bitci Turkiye
• Listing of Coinecko
• Listing of Coinmarketcap
• Listing of Bitci Global
• Release of Petshop.io APP
• Listing of PTSHP on global exchange
• Increasing the usage areas of PTSHP
• Explanation of PTSHP’s burning strategies

5.Tokenomics

Maximum supply; 8.888.888.888

Total supply; 8.888.888.888

Pre-sale quantity; 3.555.555.555

Price: 0,001 TL

6.Additional Information and Updates

This report will be updated periodically to reflect technical, commercial and social developments related to our Petshop Token project. All updates will be announced on our website, social media platforms and telegram channel.

7.Approval System

Proof of Authority (or PoA) is an algorithm that presents a more flexible blockchain consensus mechanism as an alternative to Proof of Work and Proof of Stake, performs better in regards to the transaction capacity per second, and provides a consensus mechanism based on the reputation of the validator itself.

In Proof of Authority based networks, transactions and blocks are validated by apporoved accounts, known as “validators”. Validators run software that allows them to put transactions in blocks. This process works automatically and validators do not need to constantly monitor their computers. However, the computer, namely the authority node, must remain uncompromised.

To be a validator, people must earn and deserve it and maintain the position they have earned. Validator are encouraged to support the transaction process by adding a reputation to their identity.

On the other hand, Proof of Authority only allows any non-consecutive block approval from any validator. PoA is a very suitable algorithm in terms of reliability and performance for private networks and public networks such as PoA networks where security is important.

Security

Proof of Authority is an algorithm used with blockchain technology that provides a consensus mechanism based on the identity of a stake to execute relatively fast transactions. With the increase in the number of approval mechanism stakes, the security mechanism continues to strengthen itself. All project owners on Bitcichain are entitled to be consensus partners and contribute to ensuring network security.

Data Security

The processing of PTSHP user data will be carried out within the scope of the General Data Protection Regulation to the extent applicable, in accordance with the the Personal Data Protection Law No. 6698 and the relevant legislation (“KVKK”). PTSHP attaches maximum importance to the privacy and data security of its users and fulfills the current legislation requirements regarding the protection of personal data.

All personal data received from users are stored on servers that can be accessed via VPN connection and cannot be accessed in any way except by authorized persons.

PTSHP securely stores the data provided by you for the period specified in the relevant legislation and takes all necessary measures to prevent unauthorized access or collection of the information you share as required by KVKK and applicable legislation.

8.Legal Information

SINCE IT CONTAINS IMPORTANT INFORMATION, WE RECOMMEND THAT YOU READ THIS LEGAL WARNING CAREFULLY AND SEEK ADVICE FROM YOUR LEGAL, FINANCIAL, TAXATIONAL OTHER PROFESSIONAL ADVICE ON THE SUBJECT, IF NEEDED.

All the features and applications in the Bitci ecosystem as stated in the PTSHP and Whitepaper  are not intended to be recognized as a security-qualified asset in any jurisdiction, and are not an offering of securities, nor are they intended to gather a solicitation for investment in securities. The Whitepaper , which contains technical and operational information about PTSHP, does not contain investment advice and is not a legal requirement.

The Whitepaper  does not constitute a legally binding agreement or legal commitment for both PTSHP and PTSHP-creative company (“Bitci Teknoloji A.Ş”). Any transaction regarding the sale or purchase of PTSHP shall be valid only after the signing of the agreements to be prepared by the Company and the submission of other necessary documents (“Final Documents”). In the event that there is a conflict between the Final Documents and the Whitepaper , the regulations in the Final Documents shall be applied.

No regulatory or administrative authority or government, regardless of jurisdiction, has reviewed or approved the PTSHP structure or any information specified in this Whitepaper . The publication of the Whitepaper  may not be regulated in the legislation in force in the relevant jurisdictions, and it may constitute a violation of the applicable legislation as well. As with all PTSHP Token applications, PTSHP also poses high legal risk and uncertainty, in addition to its potential for return due to the application differences of PTSHP Token and blockchain technology in jurisdictions and other technological developments. You have the sole initiative and responsibility to assess and invest these risks. Additionally, no part or copy of this Whitepaper  should be taken or transferred to any country where the sale or distribution of this Whitepaper  or PTSHP is prohibited or restricted.

In particular, you cannot purchase PTSHP provided that you are (i) a citizen, resident or green card holder of the United States (“USA”) and do not have the right to be an “accredited investor” under US law, or (ii) you are a citizen or resident of the People’s Republic of China, or (iii) you are a citizen or resident of one of the countries subject to US sanctions.

To the fullest extent permitted by the applicable legislation, PTSHP, Company, Company board members, stakeholders, employees, contractors, consultants or affiliates do not make any guarantees or commitments regarding the predictions and projections contained in the Whitepaper , and additionally, they do not accept any responsibility for the up-to-dateness and accuracy of the information in the Whitepaper  or for the Whitepaper  in general. In this regard, the Company has the right to alter the information contained in the Whitepaper at any time.

This Whitepaper may contain forward-looking statements regarding PTSHP’s activities and projections that have not yet actualized. Such forward-looking statements may differ significantly from actual future results, performance or achievements with respect to PTSHP.

In the light of the above explanations, you accept that you are solely responsible for the damages that you may incur in Whitepaper, PTSHP or in connection with them (including but not limited to loss of income or profit, loss of use or data), and that PTSHP, Company, Company board members, stakeholders, employees, contractors, consultants or affiliates are not liable for these claims or damages. This Whitepaper does not constitute a partnership, business relationship, license, profit and loss partnership, joint venture relationship between Bitci and you. In addition, the profit given by Bitci to any person or institution shall not be interpreted as a partnership, business relationship, license promise. PTSHP and other Bitci products or services are not a capital market or banking instrument, stock, security, investment contract.

This Whitepaper is subject to the legislation of the Republic of Turkiye. All disputes regarding the Whitepaper shall be finally and exclusively resolved by Istanbul (Anatolian) courts and enforcement offices.