Coinspace Member Guide Last Updated: 21st September 2016. This document has been written and is maintained by Coinspace Members, and is intended to provide assistance for both experienced Members, and those who are new to Coinspace. Executive Overview: 1. Crypto-currency is a form of highly secure electronic payment, has value, and can be converted to and from currency. It is a real alternative to fee-based payment systems, such as Paypal and credit cards – both of which suffer from high charges, poor security and hacking. The Internet has revolutionised communication. Now, anyone anywhere in the world can communicate with anyone else with ease. S-Coins over the decentralised, open-source blockchain on the Internet creates a revolutionary way to directly pay anyone else – by taking out the middle men and enabling individuals from all over the planet to exchange value with each other. This will be our future monetary system, as when it launches on the trading platform, the value of S-Coins will go up significantly, due to demand. This is now recognised by IT industry and financial analysts. 2. Coinspace is a European Company that offers a good passive income with above average returns – 200%+ per annum – paid daily. You Lease part of a Supercomputer that “mines” ‘S’-coins. The mine produces electronic 'S'-coins, and you make a profit in ‘S’-Coins immediately plus weekly coins with your lease, paid into an e-wallet, and which can only grow in value. S-Coins are not physical, but are created by the supercomputers to trade on the internet. Returns are very good, producing excellent Asset Growth. You can’t upgrade a Mine Lease, however you can Lease additional Mines. If you don't like networking, this is for you! 3. Additionally and optionally, you can introduce Affiliates to Coinspace into a binary position, and earn good commissions for doing so. It is not MLM, and is single layer. There is no monthly autoship, and virtually no limits to what you can achieve. Already there are many individual success stories. If you relate to people and are comfortable with networking, this will blow you away, and commissions are paid weekly in Euros, which you can withdraw from an ATM using a Coinspace Debit Card. 4. Coinspace is in S-coin pre-launch. At launch, the value of 'S'-Coins will increase significantly! Look at what Bitcoin achieved. It went from 1 cent to around $US1,250, before settling at around $US500. SCoin will launch at 1 euro, and market analysts are suggesting it could follow Bitcoin’s example. 5. A Merchant Program is being developed by Coinspace to allow Merchants anywhere to accept S-coin using an App, and a Blockchain Exchange app being developed will allow you to convert S-coin to other crypto-currencies or cash, and vice versa. 6. You can pay for your Mine Lease using a credit card for all smaller mines, and you can pay for any of them by bank transfer. Topics: – – – – – – – – – – –

Getting Started with Coinspace Coinspace Credentials Logging Into Your Coinspace Account Payment Instructions by Bank Transfer A “One Page” Coinspace Introduction you can give someone How to Work with Your Coinspace eWallet Applying for the Coinspace Debit Card Held Coins vs Available Coins How To Structure Your Coinspace Binary Team Understand Crypto-currency by learning what Bitcoin is Frequently Asked Questions (FAQ)

Note: There are a number of websites on the internet that claim that Coinspace is a ponzi, a scam, a pyramid scheme and more, whatever they mean by those descriptions. Pyramid Schemes are illegal in Australia and most western countries, with severe penalties in place. Coinspace Ltd is a registered European company with over 40 employees, and would be shut down if found to be operating illegally. Page 1

Coinspace Credentials Coinspace is a cloud-based large-scale crypto-currency mining company, which generates revenues from the mining and trading of crypto-currencies. COINSPACE offers a Licensed Business in the area of digital Money and also offers an Affiliate Referral Program, which is among the best and most expansive business models in the world. Digital Money - called Crypto Currencies like Bitcoin & Co - are the biggest market the next 10 years and way out of the existing financial system: no inflation, decentralized, near to zero fees, instant transactions in seconds worldwide, anonymous, no borders. 

There is a strong financial group behind the company – a silent partner group from Europe by which order this new currency is created and it will reveal itself and start to use the S-coin once it is well established (our expectation is soon after the launch);

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IT group Multisoft from USA is a 27-year old company operating on all continents and who provides service to almost 100 network companies,

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Mrs. Mojca Plut is a director of the company, and also the main supervisor of our EU mining plants where initial profits for the mining are generated.

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Mr. Jerry Plesko a director of the company, and has a lot of experience in classic business as well as in network marketing where he established a group of almost 5.000 and later around 15.000 distributors in less than 1.5 years. He built his own printing and publishing house with approx. 50 employees - Tiskarna.net. Mr. Plesko’s role is to expand the European market and some developing countries aside of that.

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3 IT highly trained crypto-currency mining specialists with 10 years of experience in blockchain technology. They have also made two crypto currencies on the market today and have helped with the establishment of one of the biggest Bitcoin exchanges.

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Mr. Luka Lah is a trained specialist in sales with 8 years experience in direct sales and Network Marketing. He worked as a top manager in European market for a US based international company. He was the head of marketing and sales.

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Mr. Klemen Nicolletti has 6 years experience in sales and network marketing. He has also done a lot of business with international companies.

Others on the Coinspace team are solely building the network and helping with the expansion of new markets, managing or servicing the mining operation.. Some of them have various functions very beneficial to the company. The Company has more than 30 employees in several locations. The rest of the company consists of the accounting department, support department, (provided to you by several highly trained individuals with university degrees in administration and law) financial department, marketing department, IT & design department and compliance department. During this stage the company is gathering a professional group of Master Distributors with a lot of contacts and experience for each continent. The company is registered in Malta. You can find the information below: Coinspace Ltd Triq Il-Kappar, Industrial Estate, Mosta MST 4003, Malta We are a fully taxable EU company with reg. No: C70466 and VAT number: MT22473219 http://rocsupport.mfsa.com.mt/pages/SearchCompanyInformation.aspx under letter C ! Assets are deployed to the office in Malta. We have mining centres in Europe with an investment of over 2 MIO euro worth of computers (Aug 2016). The exact locations are being held secret because of security reasons.

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With this concept in mind, people invest into the product and service - a computer with a one year license to mine and a 24/7 service which we provide. The money goes into mining operations and into development of new programs for merchants, platform for exchange, mobile platforms, and so on. All these programs are being developed in the background for your convenience and will be consecutively launched in early 2017. People only buy the product and harvest the production of their own money S-coin. The concept will be better and more easily presented to you by a Coinspace Representative. After the official launch at aproximately 50.000 members, the realistic mining starts (will not be fixed anymore) and the further demand will come from many different directions which are already prepared. There is a “bolt-on” Affiliate Program (not an MLM) for people to network Coinspace. People doing networking in Coinspace have a 25% mandatory buy which means that 1/4 of all the commissions ever paid out to the people are being allocated for a demand of a coin - bought and circulated coins - for a steady raising of the value of our currency. Because of the general specifications and easiness of use of block chain technology (crypto-currency) a lot of merchants (companies and individuals would like to use it today) – by starting with 50.000 users this community will grow even faster. We also work together with Papaya Ltd, financial provider that has a large number of users already in the gaming industry (which is one of our target groups for our idea) and together we will implement S-coin into the gaming system as merchants. That brings a huge portion of other users who will also use our currency (when trends are set then all the market wants to follow the brilliant and yet simple idea.) And there is yet a lot more to come. Our main objective or goal is that this idea will go beyond Bitcoin in terms of stable value, cash flow, easiness of the merchant program and users count in the next 5 years. We encourage you to contact a Coinspace Representative to be able to discuss with them your expectations and a possible start in our program which would fulfil your needs,

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Getting Started With Coinspace. It’s this easy! 1. Read the Coinspace Business Plan, and your sponsor will answer any questions you may have. 2. Decide which size Mine you wish to Lease. Your position can lease more than one Mine. 3. To initially Lease a Mine for 12 months, first join Coinspace on the FREE position, then logout. You can do this either with your sponsor, or on your sponsor’s Coinspace website by clicking “Create Account”. 4. If you are transferring funds for your Lease direct to Coinspace Malta, follow the instructions to the letter contained in Payment Instructions By Bank Transfer . You have up to 59 days to pay. Once paid, your mine will be working within several business days. This option is recommended for all Mines. 5. If you are paying for your Mine by Credit Card, Log back into your Coinspace account, Click the Shopping Trolley, Buy Packages and select the Mine of your choice by Add To Cart. Checkout, select payment by Credit Card, and proceed through to the Last page, where you have a choice of what to do with the Receipt. 6. Your Mine will be activated when you payment is received. 7. Your Mine is now earning daily S-Coins, which is your Passive Income, and you can now earn Commission from referrals if you wish, by following the next step. 8. Join two friends to Coinspace, placing one on your Left and one on your Right in your Binary Team. When you have joined two friends as you did in this way, you are now Active and will benefit from the Binary bonus system. Watch your eWallet grow! Show your friends how to follow these steps. Notes: 

Your are not “investing” with Coinspace. Your are purchasing the Lease of a Business that returns you daily profits in S-Coins, and pays you Commissions in euros as your Team grows.

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You may pay for any size Mine by Bank transfer using SWIFT as described in Payment Instructions by Bank Transfer, or by your Credit Card if your credit permits this size purchase.

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If you share your Coinspace website with friends, make sure they join through your Coinspace website, or they may Join through someone else.

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You may Join as many people in this way as you like. No Limits. Your only task is to keep your two Binary Legs as balanced as possible. You do this by adjusting direction through Spilling Management in your Genealogy in your Back Office

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Your daily Coins and Commissions are paid into your eWallet. Login to your eWallet and explore. You can transfer both S-coins and cash to anyone else with a Coinspace eWallet.

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If you wish, you may apply for the Debit Card to withdraw your Commissions. Coins are withheld until Launch.

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If you encounter or experience any problems, please contact your sponsor in the first instance. Once you learn how it works, you may then contact [email protected] with your questions.

Logging Into Your Coinspace Account. Enter xxxx.coinspace.biz into the URL Bar of your web browser, where xxxx is your Coinspace user name. This is usually at the top of the page. You can then either Login with your user name and password to access your Back Office, or you can click “Create Account”, to enter a new person under you on your Spilling side. Note: Do NOT put this web address into Google or any other search page or search bar. Your browser will not find it. Page 4

Payment Instructions by Bank Transfer. For those who wish to transfer funds from their Bank to fund their Mine leases rather than pay by Credit Card, here are the details, effective immediately. Please print this information, and give it to your Bank, or you may wish to transfer directly from your account on-line. All of the information on this page is correct as at October 10 th 2016 Bank: Sparkasse Bank Malta 101 Townsquare, Sliema 3112 Malta Phone: +356 2133 5705 Beneficiary Name: Papaya Limited Beneficiary Address: 31 Sliema Road, Gzira, 3112 Malta Beneficiary Phone: +356 2015 5500 IBAN: MT27SBMT55505000010000026977001 BIC: SBMTMTMT Reference Number: 8000001647 Purpose of payment: Username – Name and Surname (example: johnsmith – John Smith) Description/Details: Your Coinspace Member number/Login name. Please put In the Message Details/Purpose of Payment your Coinspace Account Number and Login Name to ensure your payment goes to your account, as well as the Reference Number shown above. Your account number is your Coinspace Account Number and your Member Name is the name you login to Coinspace with. You can locate your Coinspace Account Number in your Binary Team View after you login. NOTE: When the transfer has been completed, scan or photograph a copy of the Bank receipt, and send it by e-mail to along with your Coinspace Account Number and Login Name. When the payment is received AND the Bank receipt is received, your choice of Mine will be automatically funded, and begin operation.

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How To Work with Your eWallet Your COINSPACE eWallet is a secure place to store S-coins and Euros. You can transfer both S-Coins and Euros to other Coinspace members, and fund your Coinspace Debit Card. A summary of your eWallet is displayed at the bottom left of your Coinspace Back Office main page. Commission earnings which you have requested to be deposited into your Coinspace LTD eWallet is your money that you may transfer to another Coinspace LTD Member, use to purchase product, or request a cash out. Each member has their own Coinspace LTD eWallet account number and a PIN number that is required to handle all transactions. Ewallet Functions are:     

My Account, where you can change your eWallet PIN Transfer Fund, where you can transfer S-Coins and Euros to another Coinspace Member Pending Transfers, where you accept incoming transfers, and may approve outgoing transfers Support, please e-mail instead Request Cash Out, where you can fund your Coinspace Debit Card.

Most functions are self-explanatory> one you need to be aware of is that you will need and use the eWallet number (not Coinspace account number) of the person you wish to transfer to. When the transfer is done, it will show as “Pending”. Have the person you transferred to, Login to their eWallet, click on “Pending Transfers > Transfer In”, and click Accept on the Transaction Line. This will move the transfer into their eWallet. Applying for the Coinspace Debit Card. The Coinspace Debit Card is provided so you can withdraw your Commissions from an ATM. There are THREE types – – –

A Papaya Electronic Money card – primarily for those domiciled in Europe An Awepay card primarily for use for those domiciled outside Europe. A Unionpay Card, also primarily for those outside Europe, but does not require a Utility Account.

To apply for the Coinspace Debit card, click the 5th Icon from the Left on any Coinspace Page (Accounting), and click “Prepaid Card Purchase”. In all cases, you will receive an e-mail from Coinspace that your card has been “activated”. There are further instructions for the Unionpay card, which are shown on the Application page. Support: email Held Coins vs Available Coins. From the day you buy the package until the first 14th or 28th in that month, all coins go to your HELD coins account. From that day on you will start receiving Available Coins. Available Coins can be sold back to Coinspace for €0.5 each, by ticking the box on your Back Office Page (editor: we suggest it would be crazy to do this). On 14th and 28th on each month, all available Coins are transferred to your Held Coin Account. This situation applies up until S-Coin Launch Date. After S-Coin Launch date, Coinspace have informed us we will have access to all Held Coins.

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How To Structure Your Coinspace Binary Team

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Crypto-currency explained – using Bitcoin as an example. By understanding Bitcoin, we can understand lots about cyrypto-currencies in general. The digital currency Bitcoin has exploded in popularity since it began in 2009. Where once a single bitcoin was worth a few cents online, it is now worth about $575 per coin (December 2015). During its peak in 2013 it hit more than $1,000 per coin, creating millionaires in the process. There have been many reported cases where people mined thousands of relatively worthless bitcoins as a hobby years ago, only to now realise they are rich. One IT worker even threw out a hard drive containing 7,500 bitcoins, only to later find out his haul would have been worth $8.2 million. If you want to know whether it is worth getting into and you cannot tell a bitcoin from a blockchain, read our explainer to see how the currency works. What is Bitcoin? The key points Bitcoin is a digital cryptocurrency that is decentralised and operates using a peer-to-peer network. Unlike other currencies, it has no central authority or government-based backing. It is a digital currency and is essentially a code that is traded between two people. It was created by someone under the pseudonym of Satoshi Nakamoto and released as a working beta in 2009. Satoshi's true identity remains a mystery as he disappeared from the scene in 2010 after seemingly handing over the reins to Gavin Andresen, the chief scientist at the Bitcoin Foundation.       

A decentralised cryptocurrency Released as a working beta in 2009 The digital currency can be traded for other currencies or real world goods It can be created (mined) by computers set to the task of solving mathematical 'blocks' There is a “cap” of just under 21 million bitcoins Coin transactions and ownership recorded in a public ledger called the blockchain Bitcoins are secured in your digital wallet

During the early years some people collected thousands of bitcoins each, mostly at a worth of less than a dollar per coin. Bitcoin was a niche curiosity, but after mainstream coverage and several market surges and crashes it was worth nearly $US1,000 per bitcoin (in November 2013). It can be traded for other currencies or real world goods and new bitcoins can be created by 'mining'. There is a limit of just under 21 million bitcoins that can be created. Once the limit is reached, no more bitcoins can be made. However, a single bitcoin can be subdivided as far down as the eighth decimal place (0.00000001BTC) to buy smaller goods using just a fraction of the bitcoin. The entire currency is underpinned by a public ledger called the blockchain, which records who owns what bitcoins and all transactions ever made in the currency. Whenever a transaction is made it is added to the blockchain which is confirmed by other users using the peer-to-peer network. Due to the nature of the blockchain, transactions cannot be reversed, only new transactions can be recorded to the chain. Bitcoins are essentially codes added to the blockchain, which are secured using encrypted digital wallets. A wallet operates by having a public address and a private key. The public address is used by other people to send bitcoins to your wallet, whereas the private key is held by the owner and used to access and make payments from the wallet. How are bitcoins created? When a user sends bitcoins to another user the transaction needs to be confirmed as valid and added to the public ledger of transactions and ownership - the blockchain - using a series of complex computations.

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New bitcoins are rewarded to users who use their home computers or specialised hardware connected to the network to carry out these calculations. This time-intensive pursuit is known as bitcoin mining. The most recent transactions made on the network are bundled up into a transaction 'block', which is solved roughly every 10 minutes. Once a user solves the mathematical problem to find a valid hash key it is added to the blockchain, verifying bitcoin transactions between users, while at the same time rewarding the miner with new bitcoins. It can take a while for miners to reap rewards as only the first user to solve the block by finding one of a number of valid hash keys is rewarded with bitcoins. During the early days of bitcoin in 2010-2011 a common household computer would have been powerful enough to mine for dozens of new coins using its CPU or GPU. But that is not the case today. The currency automatically regulates the difficulty of the mathematical problem (adding complexity to the hash value computers need to find) as well as the number of bitcoins received as a reward. If a lot of people are connected to the network to mine for bitcoins the difficulty of solving a block increases this is known as the hash rate. Similarly, it decreases when less people are seeking new bitcoins. The number of bitcoins rewarded also adjusts with an end result that means every four years only half the amount of coins created in the previous four years can be made. This will continue until all 21 million bitcoins have been mined. Recently, the invention of specialised computers used solely for mining has dramatically increased the difficulty of obtaining a bitcoin. These expensive machines mine for coins 24/7 and can perform the needed computations hundreds of times faster than a standard home computer. Bitcoins can be mined solo or as part of a pool, but even then the bitcoin or fraction of the coin you receive will likely not be enough to cover the electricity cost. Bitcoin mining was extremely easy when the network first began, but it is now out of the realm of common home computers. How do you buy bitcoins? Bitcoins can be bought from currency exchanges if you lack the computer hardware to mine for the currency or do not know anyone personally who will sell to you. These exchanges let you buy and sell bitcoins for other real world currencies. They make money by skimming a fee from the transactions. Some shops have also begun selling physical 'bitcoins', which are minted but do not hold any particular value in the slug. They come with a code for one bitcoin embedded in the physical coin that can be redeemed in a digital wallet. Is Bitcoin safe? The bitcoin market has undergone a series of dramatic booms and busts. It is anything but stable. At the start of 2011 it was worth about 30 US cents and by the start of 2013 it was worth $US13.50. In February it was trading for a high of $US32, then in March it hit $92, and in April $215, before dropping in the space of a week back down to $US65. After a rocky few months it climbed from $US212 on November 1 to $US960 by November 27. This should indicate that the currency is currently in a bubble. The exchange price continues to fluctuate wildly day to day, sometimes by hundreds of dollars. Early adopters who mined thousands of bitcoins rather quickly and cheaply stand to make hundreds of thousands of dollars, even millions, but for everyone else it will be a harder proposition to buy into. Bitcoins have also been the focus of hacking attacks. A common tactic is for a hacking group to run a denial of service attack against a popular bitcoin exchange, thus bringing down the website temporarily. Bitcoin owners sell their coins at other exchanges in the panic, which brings down the price, and the hackers and opportunists jump in and buy them before the price stabilises and the attacked exchange comes back online. Hackers and scammers have also successfully managed to rob bitcoin mining pools. In early November 2015 a young Australian entrepreneur by the name of TradeFortress said more than 4,100 bitcoins then worth about $1.1 million had been stolen from his website. The bitcoins were owned by users that had joined TradeFortress's mining pool. While TradeFortress denies it was an inside job, there have been some cases of mining pools being set up to generate bitcoins with the Page 9

help of other users only for the pool to disappear with all their shares of coins. Thefts are made all the more worse as there is no way to reverse a bitcoin transaction and tracing a transaction is unlikely. The US Congress has started holding a series of hearings to discuss the implications of virtual currencies like bitcoin. While the US government says there is nothing illegal about virtual currencies, the anonymous nature of them make them popular for purchasing illegal goods. In 2015 - an online black market selling drugs and other illegal products that accepted bitcoins as a payment. Other black markets on the dark web that sell things such as firearms and child abuse material also accept bitcoins. But the digital currency is not just for the shady parts of the internet, it is gaining acceptance from mainstream websites and even real world businesses. For example, Richard Branson has begun accepting bitcoin payments for seats on upcoming flights into space on Virgin Galactic. But despite growing in acceptance, the currency value is unstable and like with all financial matters people will need to do their own research before deciding whether to invest the time and money.

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Frequently Asked Questions Current as of September 9th 2016.

LAUNCH 1. January 2017, is this likely to change? The S-Coin is scheduled and on track to be launched in January 2017. The launch date is not likely to change however possibly could if the company decides that it does not have everything ready. However Luka made the point the company is wanting to launch the SCoin asap. 2. What still needs to be done between now and launch ie technology, regulatory etc? Everything is on track, including technology. 3. What is the required membership for launch (50,000? 100,000?) Not relevant to launch. 4. If everything is in place before January, could the launch date be brought forward? Yes, if everything is ready the company will launch asap. COMPANY 5. Company Ownership - can you explain with more detail here as best possible the structure and ownership of the company. When is it planned that the owner and directors will be announced? The owner of the company is Ms Mojca Plut. Ms Plut is an experienced business woman who has a background in cryptocurrency, however does not have a background in networking or MLM. Ms Plut is the 100% owner of the company. Upon launch all details will be announced including the name of the Swiss Financial Services Corporation involved with the company (apparently a ‘household name’). 6. Business Plan. When is it likely to be updated and made easier to read (font is difficult to read)? No immediate plans at the moment. Luka made the point if we want it improved (font, spelling etc) as with any presentations we need to do it ourselves. These issues are not a priorities with the company at the moment. The company is allocating as a matter of priority as much of its resources (human and other) to the launch of the S-Coin. 7. How does the company "see itself" - 'cloud based cryptocurrency digital mining company with an affiliate program attached?' Or Network marketing company? How should it be promoted? The company is a cryptocurrency digital mining company that profits from the mining and trading of cryptocurrencies. This is what the company was established to do and is doing right now. The company also has a “bolt on” affiliate program which has the express purpose of growing the business through referral and paying commissions. FINANCIAL 8. How are the commissions for the affiliate/networking program being funded? We understand it is through the mining and trading of cryptocurrencies ie Bitcoin, Ether, Litecoin etc. The commissions for the affiliate program are being funded from the profits the company makes from the mining and trading of cryptocurrencies. 9. How are the funds received for the sale of mines being used? Are there any guarantees that the funds are not being moved elsewhere for other purposes? Page 11

The funds received from the purchase of mine leases are being used to purchase more mines and to grow the company’s mining capacity. 10. Is there a requirement that Coinspace be registered with the Maltese Financial Services Authority? No. Coinspace does not offer financial services, it mines and trade cryptocurrencies. 11. Are the books of the company audited? The Company is operating legitimately as a private Company. 12. Is the sale of mines a capital raising program for other mines etc? If so how much is likely to be required? The sale of the mine leases is to raise capital for the company to purchase more mines and increase its mining capacity. Luka CRYPTOCURRENCY/COINS/MINING 13. The Business Plan states that we producing 'S-Coins'. Are S-Coins actually being mined and if they are or not, can you explain how this works with regard to when we get to launch and many people to "cash in" many of their coins etc? If the mining is simply a data entry is this simply because we are in pre-launch? Because the S-Coin is not yet available as a tradable cryptocurrency, in reality it is not yet a coin. The S-Coin will only become a coin when it becomes ‘open source’ and is available for open trading and exchange. Whilst it is referred to as a coin in the back office it could be considered as a data entry or a “token” like other companies. The mining of 200 million S-Coins was expressed by the company as an initial finite number of coins to be mined. Luka made the point that this number may change and that upon launch the ‘real’ finite number of S-Coins to be mined (maybe much higher) will be set. At this point the algorithm is written and the set number of S-Coins to be mined will cover all coins/tokens that have already been attributed to Coinspace representatives plus future mining and demand.

14. Can you please explain which other cryptocurrencies are being mined by Coinspace in addition to the S-Coin? We understand that Coinspace is one of the biggest miners of cryptocurrencies with over 20 million euro having been spent on mines, is this true? Coinspace is a miner and trader of cryptocurrencies, period. Just as any person can mine cryptocurrencies, purely through the purchase of the right software and computer equipement etc, Coinspace is doing exactly the same however on a very large scale. The increase in mining capacity means that the company can mine more cryptocurrencies at a much greater rate. A program has been created to allow Coinspace to trade (buy and sell) all cryptocurrencies and the program automatically buys and sells any tradable cryptocurrency, on any given day to maximise the trading profit. It was not confirmed how much has been spent to date on mines. 15. We understand the value of the S-Coin is backed up with precious metals which the company has bought, can you explain more on this please? What metals etc? The S-Coin is backed up by other cryptocurrencies, not precious metals. Some of these “other” cryptocurrencies are backed up by precious metals including gold. 16. Is anyone else mining S-Coins? We are understand that reps will be able to mine coins with the new rigs, any other news here? No one else is “mining” S-Coins as it is not yet a ‘coin’. Only Coinspace is creating S-Coins as we currently know it. 17. Will the S-Coin be interchangeable with Bitcoin etc, how will this relationship work? Page 12

Yes. The S-Coin will be tradable with any other recognised cryptocurrencies. MARKETING 18. Website and Online Marketing, presentations, can you provide an update here? Phone Apps etc. (Information is forthcoming on this question). 19. Is there anything being done about the negative and false reports on the internet calling Coinspace a scam? The more “focus” you put on this issue, the more it becomes an issue. It has been deemed that if the company got into a legal battle on this issue the media could make much more of it and potentially create unwanted negative press. Our approach is to simply not refer to it, just ignore it. 20. Is there a chance that the company can produce a monthly electronic newsletter that goes out to everyone with the latest updates etc. Some teams are producing their own newsletter which would still happen promoting local events etc however something from the company would be very useful and powerful. Getting access to people's emails (in your team) is difficult so restricts the communication. Being considered. DEBIT CARDS AND PAYMENTS TO COINSPACE 21. Can you explain the differences, advantages re the three debit cards etc? In Australia it seems that AWEPAY is the most appropriate however the fees are very high, you cannot see your transactions and you never quite know how much is on your card. Is the Papaya card only for Europe? The company has a relationship with Capital Bank and the three debit cards have various advantages with the AWEPAY card the most suitable for Australia. The high costs for each card were noted. The Papaya card (yellow one in the back office) is available however only for the Euro. 22. Can the company arrange for commissions to be directed straight to a Representative's bank account? This would make a lot of people very happy as many do not want the debit card. Not likely at this stage. 23. Are you able to provide an update re the Credit Card situation please? The option to pay for a mine lease by credit card will be available again soon. Luka explained that the credit card payment option was withdrawn by Coinspace because there were credit cards stolen by ‘Scimmers’ and some of the transactions on these cards involved Coinspace transactions (people purchasing mines). Coinspace then had the option to continue as normal (this problem was not caused by Coinspace) or withdraw the credit card as a security measure. The company chose to withdraw the credit card payment option to ensure there were no chance of any Coinspace representative having their credit card stolen and therefore reflecting badly on the company. The credit card payment option will be reintroduced soon. PROJECTS 24. Can you update things on the merchant program? We understand that companies such as Apple and BMW have provided letters of intent to be involved, is this true. How many merchants are expected to be on board when we launch? Companies like Apple are now releasing their own programs such as Applepay, does this involve or effect us? The merchant program is progressing and will be one of the key projects launched when the S-Coin is launched. Luka was unaware or did not know if letters of intent had been provided by Apple and BMW to Coinspace. Page 13

25. It was mentioned at the Conference in Australia that a company from London linked with Visa and Mastercard are coming on, can you explain more about this please? The company is Fintech based in London and they are already operating and providing online services with Coinspace. 26. Can you advise the range and likely examples of other projects the company will have? There are forty two (42) projects that the company has identified and it is envisaged that all forty two will be announced on the launch of the S-Coin. However Luka made the point that most of the projects will not be ready to commence on launch and will be slowly rolled out throughout 2017. The first two projects are the release of the S-Coin and the Merchant program.

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