DECENTRALIZED THREAT INTELLIGENCE PLATFORM
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1 DECENTRALIZED THREAT INTELLIGENCE PLATFORM WHITEPAPER MARCH 2, 2018 VERSION 1.6 DISCLAIMER: This living working copy of Whitepaper is for information purposes only, provided as a courtesy. The information contained herein is subject to change, no part of this draft document is legally binding or enforceable, nor is it meant to be, until it has been discussed, reviewed and revised by the board of directors, the board of advisors and company lawyers. Please do not copy or disseminate any part of this document without including this disclaimer.
2 REVISION HISTORY Version Date Author Description of Change Draft 02/14/2018 Vlad T Initial Revision /21/2018 Abdul K Comprehensive changes to existing version. Added new sections. Modified and added verbiage. Added new figures, roadmap, allocation, key activities etc /01/2018 Vlad T Formatting changes, updates header and footer, title page /02/2018 Vlad T More formatting changes, included detailed TGE and Bonus structure 2
3 DISCLAIMER OF LIABILITY The purpose of this Whitepaper is to present BitFence and HNY Token to potential token holders in connection with the proposed Token sale. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with the intent of purchasing HNY Tokens. Nothing in this Whitepaper shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction, which are designed to protect investors. HNY Token is a utility token. This product is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act, the securities laws of any state of the United States or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident. HNY Token cannot be used for any purposes other than those provided in the Whitepaper, including but not limited to, any investment, speculative or other financial purposes. HNY Token is not intended for sale or use in any jurisdiction where sale or use of digital tokens may be prohibited. HNY Token confers no other rights in any form, including but not limited to any ownership, distribution (including but not limited to profit), redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, other than those specifically described in the Whitepaper. Certain statements, estimates and financial information contained in this Whitepaper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. Whitepaper can be modified to provide more detailed information. This English language Whitepaper is the primary official source of information about the HNY Token. The information contained herein may from time to time be translated into other languages or used in the course of written or verbal communications with existing and prospective customers, partners etc. In the course of such translation or communication some of the information contained herein may be lost, corrupted, or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies between such translations and communications and this official English language Whitepaper, the provisions of this English language original document shall prevail. 3
4 TABLE OF CONTENTS EXECUTIVE SUMMARY... 5 BURNING PROBLEM... 5 WHY BITFENCE... 5 MISSION STATEMENT... 6 HIGH LEVEL OPERATIONAL CONCEPT... 6 EXAMPLES OF USECASES... 8 PLATFORM ARCHITECTURE ARCHITECTURAL CONCEPTUALIZATION & DESCRIPTION CONCEPT OF OPERATIONS (CONOPS) OVERALL VISION AND CAPABILITIES MEASURES OF EFFECTIVENESS (MOE) MEASURES OF PERFORMANCE (MOP) BITFENCE TEAM TOKEN MECHANICS AND TGE BITFENCE TOKEN (HNY) MINING OF BITFENCE TOKEN BITFENCE TOKEN UTILITY AND PRICING MODEL SOURCES OF REVENUE AND BUSINESS MODEL ROADMAP KEY ACTIVITIES TOKEN GENERATION EVENT (TGE) ALLOCATION OF HNY TOKENS DISTRIBUTION OF FUNDING TGE DETAILS UNSOLD HNY TOKENS TOKEN DELIVERY PLATFORM AND SOFTWARE DEVELOPMENT TESTING AND MAINTENANCE BUSINESS GROWTH AND DEVELOPMENT LEGAL CONSIDERATIONS REFERENCES
5 EXECUTIVE SUMMARY BURNING PROBLEM A zero-day vulnerability, at its core terminology, is a flaw. Zero-Day is an unknown exploit in the wild that exposes security vulnerability in software and/or hardware which can create complicated problems well before anyone realizes. In fact, a zero-day exploit leaves NO opportunity for detection. Almost all companies in the world are being attacked by hackers and encountered with zero-day threats. What s zero-day attack? A zero-day attack happens once that flaw, or software/hardware vulnerability, is exploited and attackers release malware before a developer has an opportunity to create a software patch to fix the vulnerability hence zero-day. Once a patch is written, issued and deployed, the exploit is no longer called a zero-day exploit. These attacks are rarely discovered right away. In fact, it often takes months and sometimes years before a developer learns of the vulnerability that led to an attack. According to 2015 Ponemon Report, the average detection time on average is 256 days. This delay in detection and response cause enormous and irreversible privacy and financial damages. Similar attacks are being observed on multiple targets in different geographically located companies which might have been protected if proactive defensive approach had been understood and therefore adopted. WHY BITFENCE BitFence Cyber Security is a smart-contract based global Cyber threat prevention system that offers immediate and unmatched advantage over existing network security solutions. In addition, beside zero-day defense, BitFence also provides incentives(1) to those who deploy BitFence configured honeypots(2) to attract distributed hackers around the world. As hackers get into BitFence Honeypots, the system captures and analyzes attackers signatures using custom designed Artificial Intelligence software and alerts/delivers threat protection to all of its subscribers. For instance, if Company A which is already BitFence subscriber is located in United States was attacked by hackers; another system subscriber located in another region (e.g. in Europe, Asia or Africa etc.) would be protected from similar attacks in a matter of seconds. 5
6 MISSION STATEMENT Mission of BitFence Cyber Solution is to reduce the average detection time of zero-day malware as well as adopt and deploy a proactive defensive approach/solution to mitigate other systems from similar cyber threats. HIGH LEVEL OPERATIONAL CONCEPT BitFence offers its users with tools required to scale the growth of cyber threat and protects networks proactively, before any harm would have occurred to the network and related assets. BitFence ecosystem consists of following three main parts: 1. Installation of BitFence designed Distributed Sensor Network (also known as Distributed HoneyPot). BitFence offers the incentives to anyone who runs BitFence designed software and/or hardware miner. These miners will automatically detect and reports suspicious cyber related activities. The miners will get rewards through distribution of BitFence HNY Tokens. 2. Malicious and suspicious data being gathered by miners will automatically be analyzed, processed and ranked (in accordance with risk factor) by artificial intelligence algorithm in real time. The list of signatures therefore be updated accordingly. 3. Finally, once the data is processed and malicious actors (hackers) are identified, the information is instantaneously fed to all BitFence subscriber in order to mitigate them with similar threat. High Level Concept of BitFence is depicted in Figure 1 below: 6
7 Figure 1: High Level Concept of BitFence Solution 7
8 EXAMPLES OF USECASES In order to understand the Operational Concept of BitFence Cyber Threat Intelligence solution, some of the Use Cases with different scenarios are depicted below: Use Case #1 Scenario of Small Company A Company A is a smaller scale business producing toys for kids. The company owns ecommerce business that is hosted on a cloud. Company s website, ecommerce store along with servers and database are being on constant attack by hackers utilizing different techniques such as port-scans, flooding, SQL injection type attacks, PHP exploitation etc. Due to these constant attacks, availability of website, customers private information, and company s assets are always at risk. In order to address this threat, BitFence offers the most cost effective and fully integrated protection solution with very minimal cost than its competitors such as FireEye, McAfee, RSA. These competitor s solution is very complex with minimal cost of at least $5K per month for integrated protection. Protection provided by BitFence would be able to block high risk hosts, malicious payloads and related high risk IP address automatically within seconds after threat is identified and assessed by its sensors and artificial intelligence software subscribed by BitFence miners with very reasonable monthly subscription. Please refer to Figure 2 which illustrates this usecase 8
9 Figure 2: BitFence solution Scenario for Small ecommerce Business 9
10 Use Case #2 Scenario of Company B with multiple cloud service providers Company B is consulting firm with multiple offices located in different places utilizing multiple cloud services providers hosted by Amazon Web Services, Microsoft Azure, Google Cloud and IBM Cloud etc. VPN with F5 gateways are also been used. Company noticed that these services are under constant attacks by hackers. Due to these attacks, company s sensitive information such as intellectual property data, loss of networking, breach of security may occur. The company does employ proactive Information System Administrator who regularly monitors the network and update company s Firewall policies. Most Commercial-Off-The-Shelf (COTS) gateways and routers contains capabilities of integrating threats feeds from external sources and therefore can be blocked. Majority of threat feeds are purchasable and contains good information about malicious hosts. However, this information generally contains old information to be actionable. For instance, probability that the same attacker will use existing IP address and leave the same footprint for traceability purpose is extremely low. BitFence solution offers such medium sized companies with multiple locations by giving them access to zero-day vulnerabilities by BitFence subscribed miners. By utilizing BitFence miners, such companies are not dealing with outdated information that they are procuring from external sources. Use Case #3 Scenario of Large Enterprise with decent sized Information Security Dept. Large enterprise contain dedicated team of security department in its each location. The enterprise adopted different threat intelligence detection and mitigation appliances from number of providers such as FireEye, Infoblox, LookingGlass, McAfee, RSA, SecureWorks, Symantec or VeriSign. The enterprise also contracted its preferred security vendor with security packages and complex threat intelligence solution. Furthermore, the enterprise is facing issues with extensive data traffic even after lot of data rejection. For data mining and log reviews, Hadoop Solution is utilized. In the presence of enormous data collection, it s very difficult to review logs correlate with multiple real-time zero-day type threats. BitFence API and threat feeds around the world run by miners, will seamlessly integrated into custom software solutions to provide zero-day vulnerabilities outlook to existing threats to dramatically increase security of the system. Use Case #4 Opportunity for Miners to Earn HNY Tokens If someone wants to earn passive income and the option that he/she is looking is cryptocurrency and mining. Most of mining hardware usually become obsolete too fast without even decent Return On Investment (ROI) after all related expenses such as equipment purchased, real estate, regular maintenance, electricity and related expenses. 10
11 BitFence offers opportunity to Mine HNY tokens by running either software application or dedicated cost-effective micro-computer (Raspberry Pi, BeagleBoard) connected to Internet. Software designed by BitFence will create virtual environment to attract Hackers as invites. When hackers try to hack this specifically designed mining system, he/she leave it with footprints that will be communicated to BitFence System called Honeynet or HoneyFarm for further analysis. The information/data gathered is then processed by Artificial Intelligence (AI) classifier and then processed into actionable threat intelligence feed. Once this process is registered, specific miner will be rewarded instantaneously with HNY Tokens used to subscribe for BitFence security services. Following Figure 3 illustrates mining concept. Figure 3: BitFence Miner being Rewarded with HNY Tokens 11
12 PLATFORM ARCHITECTURE ARCHITECTURAL CONCEPTUALIZATION & DESCRIPTION System Overview & Stakeholders BitFence Cyber Security Threat and Intelligence comes in two different artifacts Mining/Threat identifications or detection and Threat Risk assessment, signature deployment and mitigation. Mining will be done by globally dispersed individuals utilizing BitFence devices and software. Mining platforms are integrated with BitFence centralized servers where threat risk assessment of signatures are evaluated. Once threat is evaluated, the signatures are deployed to subscribed individuals and businesses subscribed systems in order to mitigate them from zero-day malware and other cyber security threats. Following organizations and/or individual are affected by implementation of BitFence Threat Intelligence solution and therefore are identified as BitFence stakeholders: From product development point of view the stakeholders of BitFence are: Inventors & Developers, Systems Engineer(s), Cyber Security Engineer(s), Software Engineers, Product Maintenance personnel, Test Engineers, Sales & Marketing etc. From users perspective, the stakeholders of BitFence are: Small, medium and large business enterprises, companies and corporations, Financial & Healthcare industries, Banking sector, Defense & Aerospace companies, Academic Institutions such as Universities and Colleges, Oil & Gas Industries, Individual internet users, NERC CIP Regulatory compliance power utilities, Miners etc. CONCEPT OF OPERATIONS (CONOPS) The foundation of the system is a distributed honeypot network with globally located sensors i.e. miners. Miners will work by misleading hackers into thinking that they are accessing a legitimate and valuable system. However, the BitFence StingMiner software platform will be recording hackers actions, IP addresses and all related valuable information to be used to footprint the hackers. This information from miners will be analyzed at centralized BitFence servers and also share it with BitFence subscribers. Two or more honeypots on a network comprise a HoneyNet. Typically, a HoneyNet is used for monitoring a larger and/or more diverse network in which one honeypot may not be sufficient enough for the network traffic that it experience. HoneyNets and Honeypots are usually 12
13 implemented as parts of larger network intrusion detection systems. A BitFence HoneyFarm is a centralized collection of honeypots and threat analysis tools. Figure 4: BitFence Architecture 13
14 Some of the examples demonstrating hackers malicious activities that can be detected by HoneyNet are: - SQL Injection Attacks - Brute Force Attacks - OS Command Injection - Web Defacement Attempts Concept of Operations (CONOPS) of BitFence is depicted in figure 5 below: Figure 5: BitFence CONOPS 14
15 OVERALL VISION AND CAPABILITIES Overall vision of BitFence is to provide zero-day threat intelligence solution in order to protect people from hackers. BitFence will help companies and individual users to select suitable security solution to meet their needs. BitFence will help implement and integrate its solution with existing networking hardware and software with very minimal modifications or configuration changes. Once installed, BitFence system will create threat landscape reports in order to meet compliance/regulatory requirements. On the other hand, BitFence miners around the globe will contribute as Eyes & Ears to BitFence Threat Intelligence Network. Miners will use BitFence designed software called StingMiner in order to attract hackers and communicate the threat information to BitFence. Upon successful risk assessment and evaluation, the miner therefore will get rewarded. Capabilities of BitFence zero-day cyber threat solution are as follows: - Detect, Prevent and Response cyber security threats - Receives threat information from miners and assess threat signatures - Deploy and update threat information to subscribed systems in order to mitigate systems with similar threats therefore protecting systems from zero-day attacks - Offer mining to its cyber defense force i.e. BitFence Miners with proprietary software - Integrated reward solutions to BitFence miners once threats are assessed based on risk evaluation - Integrate with existing networking architecture with very minimal configuration changes - Generate customizable reports Analyses and Risk scoring of threats are to be done utilizing proprietary BitFence Threat Intelligence Engine that uses several patent pending methods including AI: - Fuzzy matching of threat footprints using weighted probabilistic matching methods - Support Vector Machines (SVM), Bayesian techniques and decision trees classifiers - Neural Networks, continuously trained with validated and peer reviewed data 15
16 MEASURES OF EFFECTIVENESS (MOE) BitFence Threat Intelligence Engine is expected to receive high volume data from miners. The Measure of Effective (MOE) of BitFence threat intelligence data is lies on quickly assessing the threat agents and deploying threat information to subscribed users in order to prevent their systems from that specific threat. Therefore, the availability of BitFence Threat Intelligence Engine is key for its mission success. MEASURES OF PERFORMANCE (MOP) Interpreting threat intelligence data from from multiple sources into actionable contextual information has always been a challenge that is faced on number of security organization. The reason is the probable miss interpretation between data points that security appliances receives. It has always been a challenge for cyber security personnel what data and how much data needed to be reviewed. During this practice, important information/data that supposed to be used for threat intelligence purpose is usually get missed. BitFence Threat Intelligence Platform/Threat Intelligence Management Platform has successfully address this issue successfully by gathering, filtering and analyzing data and information. The platform provides standard formats for inclusion into vast variety of security appliances and systems. In addition, the platform provides detailed customizable threat summary reports. BITFENCE TEAM 16
17 TOKEN MECHANICS AND TGE BITFENCE TOKEN (HNY) BitFence HNY Tokens are designed to provide comprehensive economic model to enable functionality of the cyber threat prevention system. Payments for subscription services will solely be conducted utilizing HNY Tokens. Moreover, all rewards for BitFence Miners will also be distributed with HNY Tokens. HNY Tokens are standard Ethereum ERC20 smart contract-based tokens which is implemented also within BitFence Business Logic. HNY Token unifies Threat Detection and Protection Service into single ecosystem with complete life cycle as follow MINING OF BITFENCE TOKEN Individual users and Companies that are interested to earn HNY Tokens being part of Global Cyber Threat Community in relation to other Crypto-currencies such as Ethereum or BitCoin can be referred to as miners. Miners of HNY Tokens should be running BitFence proprietary intrusion and malicious actors detection software application called StingMiner. StingMiner software application will be running on existing hardware used by individuals or companies and/or as an isolated lowpowered mini-computer device such as Raspberry Pi or BeagleBoard. This virtual compartmentalized environment will be completely isolated from the host system. StingMiner software application will gather suspicious networking activities and invite/attract potential hackers to attack BitFence configured devices as cyber victim systems. Proof-of-Threat mining algorithm methodology is used as a mining process for HNY Token. Once BitFence miners captured valuable threat(s) and shared with BitFence, the threat is assessed and validated by BitFence Risk Scoring mechanism and therefore get rewarded accordingly. The reward will be distributed against the uniqueness and level of risk/threat has to systems i.e. Low, Medium and High. In addition to using automated BitFence mining software, HNY Tokens can also be earned by submitting suspicious network traffic information, such as Firewall Rejection Logs, 3rd-party honeypot intrusion detection logs, ssh/ftp logs etc. 17
18 Furthermore, HNY tokens can be obtained (in addition to mining and submission of suspicious network logs as defined above) by participating in Token Generation Event. BITFENCE TOKEN UTILITY AND PRICING MODEL BitFence utility token HNY is designed to be redeemed for zero-day global threat intelligence feed to protect individual users, companies and corporate systems from hackers. Intelligence feed is based on risk score which is packaged in a series of products and services delivered using subscription model, such as: - Risk scored zero-day global threat feeds in XML, Json and CSV formats - Ready to use iptables firewall rules - Actionable and customizable global threat intelligence reports meeting customers requirements - Generate alerts - BitFence mobile apps - API key to access zero-day BitFence threat intelligence from Apps The pricing strategy of BitFence zero-day solution will be determined based on current threat intelligence services being provided by competitors such as FireEye, Infoblox, LookingGlass, McAfee, RSA, SecureWorks, Symantec and VeriSign etc. Data feeds typically comes in yearly based subscriptions (1year, 2year or 3year) and number of user licenses that it serve. In addition, vendors also push their own appliances which elevate the yearly operating cost. SOURCES OF REVENUE AND BUSINESS MODEL BitFence business model to generate revenue is based on two different mechanisms i.e. BitFence Subscription Services & BitFence Hardware Sale. BitFence is planning to have its own cyber store called BitFence Cyber Store as a one-stop-shop solution in order to full fill its customers needs. The store will contain multiple selection of product lines that will suit its customers requirements. Customers would be able to pay for items and services by using HNY Tokens. BitFence zero-day Threat Subscription Service 18
19 Following subscription services are planned for BitFence potential customers: - Zero-day Threat Intelligence Feed subscription for Corporate Clients Up to 2500 users (3-Month, 6 Months, 1 Year, 2 Year or 3 Year subscription options) - Zero-day Threat Intelligence Feed subscription for Corporate Clients From 2501 to 10,000 users (3-Month, 6 Months, 1 Year, 2 Year or 3 Year subscription options) - Zero-day Threat Intelligence Feed subscription for Corporate Clients More than 10,000 users (3-Month, 6 Months, 1 Year, 2 Year or 3 Year subscription options) - Lite monthly subscription for Small Businesses (3-Month, 6 Months, 1 Year, 2 Year or 3 Year subscription options) - Ultra Light monthly subscription for Home and Home Offices (3-Month, 6 Months, 1 Year subscription options) BitFence Configured Hardware & Software Sale Hardware/software solution that BitFence is planning to offer at its store are: - BitFence Routers these pre-configured secured routers can be purchased with integrated BitFence 3-month to year subscriptions with very affordable options (own/lease to own/lease). - Pre-installed Light Plug-n-Mine Raspberry Pi and BeagleBoard with StingMiner Software can be purchased with very affordable price options (own/lease to own/lease). These devices will be used by BitFence miners to mine HNY Tokens. - SD Card images for Do-It-Yourself miners will also be available for users who already owned Raspberry Pi with cheaper prices - BitFence software will be available to download as freeware. Software will be available in Windows/Mac/Linux platforms. (Note: For mobile users, software will also be available in Android and ios in future) 19
20 ROADMAP KEY ACTIVITIES TOKEN GENERATION EVENT (TGE) BitFence HNY is a utility token that is only form of currency that will be used to purchase products and services at BitFence Cyber Store. NOTE: BITFENCE HNY IS NOT A SECURITY. THIS TOKEN GENERATION EVENT SUMMARY DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY BITFENCE HNY TOKEN AND IS PROVIDED FOR INFORMATION PURPOSE ONLY. NOTE: THE FOLLOWING SUMMARY REFLECTS BITFENCE CURRENT STAND AND EXPECTATION TOKEN MECHANICS AND SALES OF HNY AND SUBJECT TO CHANGE AT ANYTIME. HNY is an ERC20 Token that is minted on-demand during TGE. BitFence HNY Tokens can potentially be sold. As part of this token sale, a fixed pool of HNY Tokens can potentially be generated. No further HNY Tokens can possibly be created in future. Once token sale event is concluded, a portion of HNY Tokens will be allocated and allotted to 20
21 Core BitFence Team Members as an incentive for the success of BitFence platform, future operational needs, and reserve pool and expenditure fund. ALLOCATION OF HNY TOKENS BitFence HNY Tokens are planned to be distributed as follow: DISTRIBUTION OF FUNDING Upon successful TGE event, proceeds from it would be distributed as follows: 21
22 TGE Details BitFence Token Generating Event (TGE) will be accomplished in two phases i.e. Pre-Sale Event and Actual Token Sale or Crowd Sale Event. Total planned days for these events are approximately 60 days. The hard cap figure during both TGE phases collectively is $50 million. Standard HNY rate during ICO should approximately be 1 ETH = 6,000 HNY Tokens (excluding incentives and discounts). Bonus structure will be continuous. Starting with 40% at day one of pre-sale and then gradually decreasing to 0 at the last day of sale. 22
23 Volume and special discounts for large purchases would be available as well. During the pre-sale and general BitFence ICO crowdfunding periods, a referral bonus of 10% could potentially be paid to existing HNY Token owners, if they refer other individuals to the BitFence HNY Token sale that proceed to purchase the minimum amount of BitFence HNY Tokens, equivalent to 0.05 ETH or greater. Token Minting Model No pre-mint, minted on purchase Token Type ERC20 TGE Structure 30 days pre-sale + 60 days sale Pre-Sale Dates April April :00 UTC Sale Dates May June :00 UTC Accepted payment methods ETH natively and BTC/others through ShapeShift Absolute Max number of HNY minted 1,000,000,000 Maximum HNY available during TGE 50% or 500,000,000 Hard Cap (in USD) $50,000,000 Base HNY Price 1 ETH = 6000 HNY Bonus structure of Pre-Sale First 2 weeks flat at 40% and daily decreases, 4% per week Bonus structure of Sale Starts at 32% and daily decreases, 4% per week Min Purchase during pre-sale 1 ETH Min Purchase during sale 0.1 ETH UNSOLD HNY TOKENS BitFence HNY Tokens are created as they are sold. The BitFence team members and bounty, etc. allocation gets created at the same time. Once the sale is over we could potentially terminate the crowdsale contract, which could potentially prevent new tokens from being minted. Therefore, HNY tokens could potentially not be burned. TOKEN DELIVERY The ERC20 HNY Tokens would be distributed automatically through smart contracts during TGE to the Ethereum address provided by participants. Transfer of HNY Tokens are limited to a BitFence contract for the period of crowd-sale to ensure no secondary markets available during this period. 23
24 Transfer of tokens would be unlocked upon completion of crowd-sale. PLATFORM AND SOFTWARE DEVELOPMENT Further development of BitFence platform is a major cost expenditure is forecast in the nearest future. This allocation of resources could potentially be put towards the compensation of the core BitFence Team. This could potentially primarily consist of Software Developers, Cyber Security Engineers and Specialists, Platform and Infrastructure Engineers, Data Scientists, Customer Service and Support & Maintenance Specialists, and Product Strategists etc. TESTING AND MAINTENANCE Testing and Maintenance of BitFence developed software and hardware platforms is another cost expenditure. In order to maintain the high quality assurance software, the testing of software will be done prior to next big release. In addition, maintenance activities for software and hardware that is being deployed to BitFence subscribers will be accounted for and included in BitFence operational cost. BUSINESS GROWTH AND DEVELOPMENT BitFence has aggressive marketing plans for promotions of its platforms in order to ensure the continuous healthy growth of its zero-day cyber threat solution. BitFence has realization that it offers the best and cost effective cyber security platforms that is going to attract potential customers in near future. Our marketing strategy will focus on targeting individual users and corporate customers who are spending enormous monies to maintain long term security contracts with similar or even better benefits and cyber security threat intelligence approach what BitFence zero-day threat intelligence solution is offering. Besides aggressive holistic business development approach, BitFence also have plans for its Cyber Store where its customized designed software and hardware are planned to be sold. With simple selection process, buyers would be able to buy BitFence products of their personal and business needs with HNY Tokens. Relationships with our miners and subscribers are our highest priority and we strongly believe with mutual cooperation, we would be able to beat cyber security threats that we are globally facing today. LEGAL CONSIDERATIONS 24
25 Token Generating Event (TGE) is subject of Terms of Sale provision and will be published separately. Please refer to for further information. Website implements special features restricting access to TGE until all terms, conditions and rules are explicitly and clearly accepted REFERENCES althy_icon#size=
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