White Paper

Each holder of one or more K-Unit receives a royalty for winning games on the Koalection platform and gets exclusive access to the exclusive “ Koalection Jackpot” draw.

Due to the increase in trading volumes and the likely preponderance of Ethereum NFT buying, we believe that the Koalection collection will receive strong positive support.

To summarize, the potential universe of buyers in the NFT market will increase dramatically.

The great benefit of the introduction of the Koala NTF collection is CEX-friendly is that CEX listings can now be expedited, although we are not authorized to disclose a timeline for such listings at this time.

The Koala NTF collection

• Compatibility with OpenSea
• Access to the exclusive random draw “Koalection Jackpot”
• Royalty on gambling winnings
• Guaranteed rewards
• No taxes on profit

 

Koalection Jackpot

The Koalection Jackpot, offers players the possibility to win until a $100 000 prize or another contest prize.

Prizes for the “Kolaection Jackpot” includes :

• DIamond Koalection X1 : 100,000 USD
• Black Koalection X5 : 10,000 USD
• Gold Koalection X10 : 5,000 USD
• Red Koalection X25 : 2,000 USD
• Yellow Koalection X100 : 1,000 USD
• Blue Koalection X1000 : 250 USD

The requirements to participate in the “Kolaection Jackpot” are simply the purchase of one or more*Koalection units.

*The chances of winning are cumulative if several lots are purchased.

MORE THAN 1,100 WINNING NFTs !

Due to many payouts and high chances of winning a prize, these types of NFT contests are internationally popular and legal in over a hundred countries, although controlled by local regulations for some countries.

 

Gambling games through the years

Betting and gambling has been a common pastime for thousands of years. The oldest historical proof of one of them is the random draw, found in ancient texts, and used to define ownership or confer rights for the winning party. Other historically significant random draws date from 205 to 187 BC, during the Chinese Han dynasty.

The first known European “giveaway” type of games date from the Roman Empire, followed by King François I who used gambling in France to finance his military campaigns in Italy. King Jacques I set a precedent for British gambling in 1612 by licensing the Virginia Company to raise funds for the settlement of settlers (l’établissement de colons) in the colony of Jamestown, Virginia. Since then, gambling has been used to raise funds for various infrastructure and public works projects, for war and for educational institutions.

 

OUR MAIN GOAL

• Develop transparency and fairness in gambling thanks to the Blockchain.
• Create an international platform for gaming where every player has a better chance of winning.
• Provide a solid rewards strategy for NFT Koalection
• Contribute to important causes for the community. Global warming will obviously be our main contribution.

The internet has created a demand for online gaming, with companies providing an easily accessible online entry. It is therefore not surprising that these websites are growing rapidly and are very profitable.

We believe that gambling should not be geographically restricted or tied to local financial systems.

KOALECTION –

AN INTERNATIONAL PLATFORM FOR HUMANITARIAN FUNDRAISING THROUGH GAMES AND COMPETITIONS WITH “PLAY TO EARN” REWARDS USING BLOCKCHAIN PROTOCOLS.

 

How to ensure a safe, transparent and fair system

Online gambling games are much less expensive than real games because they do not require physical equipment or distribution staff. However, they face unique issues that damage consumer trust, including security issues, rapidity, and sometimes lack of cash to pay players.

Operating games based on gambling involves financial and operational risks, and managing them might require significant resources. Platforms on a centralized server are vulnerable to hackers, while physical systems are more likely to be “fixed”. For example, digital games are legally required to use random number generation (RNG) in order to maintain random fairness. Casinos and jackpots must declare the ownership of an accurate random number generator; however, physical machines can easily be rigged and digital versions hacked (Amy Kane, 2012). One of these cases of fraud is that of the Multi-State Lottery Association which launched a special investigation of the New York Times. An individual tweaked the functionality of the R.N.G., allowing millions of dollars to be ‘earned’ by others involved in the scam. (Forgrave, 2018)

We can manage to reduce the risks by increasing security, transparency and resilience : these are the fundamental characteristics of blockchain technologies. The transparency of the Blockchain Distributed Database is already set by default, as the information is publicly available, with anyone being able to view transactions and drawdowns. This ledger of interactions prevents any undetectable corruption with the system. In addition, any changes to smart contract governance are subject to a three-day platform feature lock, which means that any changes may be reviewed by a third party before being implemented.

 

Win, withdraw and identify

The process of withdrawing for the winnings is a notoriously slow process. It can include paperwork, administrative fees and bank transfers, which creates a negative experience for the user with a significant delay between the day they win and when they get paid, with even more complexity when there is no trace of the buyer for a specific ticket. If a ticket is lost or destroyed, the player cannot claim their prize, and money laundering is also more likely.

Person A has a winning ticket

Person B has illicit money that needs to be laundered

Person B identifies person A before she has claimed her prize

Person B offers an amount equal to the prize of person A’s ticket

Person B réclame claims the prize and launder her money

The blockchain technology allows a faster payment (instantly most of the time) for the prizes, as well as a full tracking and recording, no matter the prize size, thanks to the distributed ledger technologies.

In addition, the blockchain certifies both players and their tickets, reducing the probability of information being lost, destroyed, or tampered with.

 

Gains and Prizes

There are high costs associated with operating games based on gambling, which can impact revenue related to prize constitution and payouts.

A 2019 article discloses raffle systems including the House Edge – funds to cover costs, typically 37% – 50%. Although the percentage varies depending on local regulations, operator model and game design, only unclaimed prizes have a positive impact on potential win sizes (Booker, 2019).

If a funding game is able to reduce costs, there will be more money for prizes and technological innovation, changes that are ultimately beneficial to players.

Kolaection will reduce withdrawal times and allow multiple parallel random draws (tirage au sort) on the same blockchain, allowing players to have more chances to win while reducing costs. Also, low-margin trading will allow players to participate in gambling products aligned with their risk appetite for better odds.

 

TECHNICAL SHEET

 

Roadmap

Phase 1

– Develop a website, a discord and social media communities
– Create the Koalection NFTs with the nft/games category, where owners receive a royalty on secondary market sales and gain exclusive access to the FKoala collection community.
– Add the Kola collection on OpenSea
– Built a marketing strategy and find influencers who are invested in our cause
– Develop a white paper so the whole community can learn about the Koalection team
– Find charities and create partnerships with new brokers
– Find wealthy investors for staking

Phase 2

– Presale
– “Soft” launching
– Get in contact with the NFT catalogs that will host our NFTs for future quotations
-Find public charity associations and community in need from different continents and ask how we could bring our help
– The launch of the Koalection Discovery campaign
– Brand awareness program
– Certify our smart contract with an independent audit service
– Find potential partnerships among companies and celebrities
– Generate international press releases about Koalection and about our community donations
– Start donating – make the first donation

Phase 3

– Introduction of the Koalection collection on the Ethereum blockchain
– Listing on OpenSea, Dextools, Defi Swap, Stakemoon
– Listing on Etherscan and Binance NFT Marketplace
– A public relations campaign on OpenSea and Binance
– Listing request on Binance
– Listing on CoinMarketCap, social campaigns to promote trending NFT status.
– Watchlist Campaign: Increased watchlist and holders in all decentralized marketplaces.
– Banner ads in paid media, ‘buy it now’ buttons on CoinGecko and Coinmarketcap Dextools, ….
– Ads on Facebook/Instagram
– Launching Koalection games via TestNet
– Public relations campaign on our DEX
– Introducing Koalection contests with major prizes.
– Start Koalection games application development
– Request for logo and registration at Trust Wallet/Metamask.
– Quickly increase trading volume
– Launch IOS and Android game apps
– Launch the Koalection Desktop Wine Mainnet App
– IOS and Android ads go through the Google network

Phase 4

– More paying ads – study NFT Koalection commercial advertising
– Increase visibility by featuring more top influencers on social media.
– Create an LB merchandise store to help support the charitable cause.
– Incorporation of online games
– Show your commitment to donations by hosting fundraising events, social gatherings, and more.
– Make the Koalection NFT a global phenomenon.
– Develop a teaching platform on Non Fungible Token (NFT), allowing the entire world to learn about blockchain technology, and about the Koalection NFT.
– Creating a metaverse
– Development funds to finance the development project for some games – Koalection will invest in development for a fee which will then be redistributed to NFT holders and charities – metaverses/online games etc.
– Create and register our own foundation for global causes

 

Marketing Strategy

PUBLIC CAMPAIGN

200 partner blog posts – 1000 social media posts – 1000 advertising billboards in France, Belgium and Switzerland – NASDAQ Digital Billboard Times Sq NYC

INFLUENCERS

50+ influencers with more than 38 million followers

Selected for their high engagement and their ability to reach demographic targets

FINANCIAL BLOGS

40+ financial industry blogs team up with Koalection. They focus on financial media and the world of NFTs.

INTERNATIONAL CAMPAIGNS ON SOCIAL MEDIA

We have several campaigns that will be launched in the 3rd quarter of 2022.

BROKER :

The Koala collection is marketed by no more than 15 NFT Brokers, and they will be happy to help you with the purchase of your first Koalection.

EVENTS :

Contracts have been signed with three YouTube channels to host regular Koalection events, including daily Koalection-sponsored happy hours to view live draws and various games.

 

FINANCIAL REPORT

 

Funding

TOTAL SUPPLY : 10,000

50% of the proceeds from the launch of the Presale will be allocated to the liquidity of the “Koalection Jackpot” game via a smart contract to block funds on the wallet of the Koala collection. The rest of the funds will be used for the development of the Koala NFT collection on the Ethereum blockchain and the addition to the OpenSea catalog.

 

TERMS AND CONDITIONS

Kolaction RISK STATEMENT

Individuals who participate in the Koalection platform through the purchase of the Koalection NFT must perform their own due diligence. Purchasers of Koalection NFTs should familiarize themselves with all applicable laws and regulations of the jurisdiction in which they reside.

Koalection NTFs buyers should be aware of the risks and and challenges set out in this white paper. If the risks described here become materially apparent, it could negatively impact the performance of the Koalection platform and its native Koalection NFT.

The risks identified in this document are not necessarily the only risks that Koalection could face that could pose a threat to the operation of the platform as presented in this version of its white paper and the NFT Koalection such than presented in this white paper. Prospective purchasers of the Koalection NFT should be aware that there may be risks yet to be identified or identified by a third party that have not been stated here.

Buyers of Koalection should also be aware that a number of risks may arise simultaneously which, taken together, could represent a threat for the operation of the Koalection platform.

REGULATION

A significant material risk for Koalection is the evolving nature of the regulatory perimeter regarding crypto-assets and, more specifically, crypto-assets in the gaming industry.

Although Koalection does not believe there is a legal requirement to obtain a license

To operate a blockchain-based gaming platform, the team, driven by their moral standpoint, is nonetheless exploring the possibility of applying for a license from the Malta Gaming Authority.

There is a risk that the license will not be granted or that it involves onerous requirements or expenses that could have a significant impact on the operation of the platform as described in this document.

There are anti-money laundering (AML) and counter-terrorist financing (CTF) obligations for entities using digital technologies and/or accepting virtual currencies.

There is a risk that Koalection may not be able to satisfy the regulator that adequate systems and/or processes are in place to mitigate the risk of inadvertently receiving laundered money or money related to terrorist financing transactions.

TITLES REGISTRATION

If the Native NFT of the F Koalection Platform is considered as safe by the United States Securities Commission (SEC), prospective purchasers and note holders in the United States may be prevented from accessing the platform.

Although Koalection is based in Dubai, its products are accessible worldwide.

The United States is one of the largest regions of activity for crypto assets and a SEC declaration assures that Koalection is issuing an unregistered security in the form of the Koalection NFT and may have a materially impact on the adoption.

TECHNOLOGY

Developments in blockchain (also known as distributed ledger technologies), smart contracts, decentralized computer networks, and related technologies such as NFTs are advancing rapidly. As highly innovative and dynamic technologies, developments may occur that directly impact the proper conduct of business as described herein, as well as the security of associated processes and procedures.

Awareness and understanding of blockchain technologies is still at an early stage among the general public and this may also be the case for those who take part in the Koalection network as NFT holders and/or ticket buyers, and this may lead to misunderstandings about how the platform works and new risks that may arise that are currently, or in the future, not fully understood.

ADOPTION AND MARKETING

Gaining customers by the Koalection platform in its addressable market could be lower than projections, threatening the viability of the business as it is currently designed.

Marketing through digital and non-digital methods such as print and display, as well as hiring brand ambassadors to help build communities on social media, can lead to a drain on funds allocated for these purposes.

In addition, as a global gaming platform, marketing, development and community engagement may need to be undertaken globally, targeting key markets and geographies, increasing expense and the risk of cash loss.

Evolving consumer trends in contest participation may negatively impact the adoption rate achieved by the platform, causing Koalection to change its product offering, which could reduce the appeal promoted contests and reduce or destroy the value of passive income streams paid out to NFT holders.

Regulators in Europe and the Eurozone plan to tighten regulations governing financial promotions with respect to crypto-assets. This could restrict marketing opportunities.

SECUTITY

Maintaining the technology infrastructure involves bearing certain risks related to, but not limited to, cyber-attacks, data theft, other breaches, unauthorized use of data and other interference malicious.

When parts of the technology infrastructure are outsourced to third parties, there may be threats that Koalection is not able to directly control.

LEGISLATIVE UNCERTAINTY

Koalection is subject to laws, including regulations and rules issued thereunder, and is at risk with respect to changes in laws and the timing and effects of changes in such legislation. This includes changes in the interpretation of these laws and Koalection cannot predict them.

TEAM

The success of the Koalection business is in part due to the efforts of its management team and other key human resources. If a key team member were no longer able to perform the duties of their current position, the possibility that they could not be replaced in a timely manner, or that the skills and attributes of the team member are not easily replaceable, could negatively impact the performance of the Koalection platform.

CONTEST

Competition from other blockchain gaming platforms and existing gaming operators could pose a risk to the successful deployment of the Koalection platform and consumer adoption.

DISCLAIMER

The purchase of NFT Koalection involves a certain amount of risk and may lead to the loss of a substantial part or all of the funds invested. Before purchasing Kolaection NFTs, diligently and thoroughly assess and consider the risks identified in this whitepaper, as well as other risks not included or anticipated in this document.

Only buy NFT Koalection if you fully understand the tokenomics of sourcing and issuing Koalection and the economics of Koalection

Crypto assets may be subject to expropriation and/or theft. Hackers or other malicious groups or organizations may attempt to interfere with the Koalection Platform in a variety of ways, including through malware attacks, distributed denial of service attacks, and consensus-based exploits.

These can include malware attacks, distributed denial of service attacks, and consensus-based exploits, such as an attack that could result in the loss of NFT Koalection or the loss of the ability to access the Koalection NFTs.

Due to the immutable nature of blockchain transactions, there may be no recourse if a successful attack by malicious actors were to take place against the Ethereum blockchain on which the Koala NFT collection is stored.

Crypto assets are not regulated as financial instruments and there is no reimbursement or compensation available from regulatory bodies such as the UK’s Financial Services Compensation Scheme and similar bodies in other countries and jurisdictions.

The regulatory status of crypto assets remains evolving and varies across jurisdictions, presenting crypto asset holders with a level of legal uncertainty. It is possible that in the future, certain laws, regulations, policies or rules relating to crypto-assets, blockchain technology or decentralized applications may be implemented that affect or restrict the acquisition, ownership rights and ability to buy, sell, convert or use crypto assets such as Koalection NFT.

Uncertainties regarding tax laws relating to crypto-assets could expose NFT holders to unintended consequences such as taxable events applied retrospectively or to be applied in the future.

Each potential buyer of Koalection should weigh their individual risk appetite and consider consulting an independent financial advisor before making any decision.

Readers of this white paper may also need to consult with a tax professional, accountant, attorney or other professionals to ensure that any outstanding issues related to how the Koala collection is designed and exploited, before deciding whether buying NFT Koalection fits their risk profile.