Nousplatform - A Global Platform for Investors and Decentralized Investment Funds
Description of Nousprotocol
*Nousprotocol allows swift creation of all types of investment funds toadvantages for open-ended funds is the ability to redeem the equity shares
manage blockchain assets. Funds are equipped with complete required
technology tools to manage portfolios and are accountable and transparent
with the investors. To calculate the volume of the capital Nousplatform uses
the equivalent in Nous Tokens. Investors use Nous Tokens to conduct any
transaction for acquisition or sale of the fund equity shares. One of the
from investors with the Nous Tokens held by the fund in portfolio reserves. In
this case, the fund does not need to sell the equity shares in order to payout
to the investor. This mechanism will create growth dynamics by increasing
the liquidity of the funds.
In addition, Nousprotocol can be used to create close-ended funds. These
funds will be able to trade their ETF Index on any cryptocurrency exchange.
These funds can use Nousplatform for ICO raising the initial investment.
Nousplatform Solution for the Fund Managers
The fund managers receive a complete set of technology tools for managing
the fund and interacting with investors. The main aspects of the operations
are controlled through smart contracts with open source, which creates total
transparency and makes the fund more trustworthy and attractive to the
investor. Transactions are carried out by a smart contract that regulates
and controls the acquisition or sale of equity shares utilizing Nous Tokens.
Every time a new fund is established, a
smart contract instituted and
published by the Nousprotocol on
blockchain. A Smart contract contains
all the specific terms, conditions and
features of the fund. There are two
types of parameters – constant
(unchangeable, permanent) and
variable (can be changed or modified).
For example, creation date of the fund,
the initial capital, the founder, etc. are
constant. They are final and cannot be
altered after the publication of the
contract. The parameters of the
investment maturity timeframe and
the assignment of the manager are
variable. The publisher of the contract
can change certain parameters of the fund by utilizing private key; in this
case, the new rules will only apply to new investors, since it will be physically
impossible to make any changes retroactively.
This approach will ensure fairness and transparency for both parties and
will protect investors from any manipulation by fund managers. The smart
contract of the fund delegates a part of the authority to the Nous smart
contract. The Nous smart Contract utilizes certain entrusted functions, such
as verification of the asset ownership, records of the investment portfolio,
identification of the fund managers, estimating the level of entrustment, and
much more. Nous smart contract can integrate a third-party escrow entity
for extended functionality.
The Nousplatform by itself is a powerful tool for attracting and creating a
pool of potential investors. Therefore, all (investment) funds created on the
platform are automatically exposed to a large number of users.
Advantages of Nousplatform for the Investors
An investor can invest in any fund at any time by purchasing equity shares
with Nous Tokens. NOUS are utility tokens and available for purchase at
crypto exchanges. The ERC20 token standard has all the advantages
associated with Ethereum such as, using a single wallet for all ERC20 tokens.
If the investor wants to liquidate all or some of the equity shares, he or she
will receive back nous tokens at the current rate at the time of the
An investor can choose several funds with different portfolios to diversify the
risk. He/she will make a decision whether to participate in the fund based on
research of the fund's statistics recorded on the blockchain, which
guarantees transparent unaltered real data. The Nousprotocol creates
snapshots of the investment portfolio of each fund with a specified period,
and logs them in the blockchain. Statistics available for review and analysis
at any time in a personal back office and the smart contract open source
code is available for the public to review.
An investor can analyze the activity of any fund in his/her back office. The
statistical data of a fund based on snapshots shows the fund's profitability
at any given period. In addition, it reveals the redemption and acquisition of
assets, and any other modification of the portfolio, as well as the liquidity
index, the number of tokens in reserve, the fund's own capital in relation to
the total portfolio, and so on.
The Nousplatform will provide tools for analyzing and evaluating funds
based on various statistical data. These reports will be available for any user
The main advantages for investors are simplicity, transparency, the ability to
diversify, quick deposit or withdrawal of funds, no bureaucracy, set rules of
participation for all the parties involved, no minimum amount entry
requirements, and are guaranteed to have unaltered and accurate data.
In the near future, we plan to create a merchant for the Nousplatform, which
will allow investors to pay for the goods and services using their equity
shares, assuming those assets are always under management of the same
entity and utilized only when necessary. This approach, in our opinion, will
lead to a new kind of relationship between the buyer and the seller, where
money, as we know it, will no longer be needed; and the economy will shift
toward a tokenized barter.
Bob acquired the equity shares of the fund that invests in solar energy and
possesses tokens of this company. The Solar Energy Company pays
dividends once per quarter from the energy they have sold. Fund receives
the dividends and distributes among investors. Accordingly, Bob, once per
quarter, receives dividends for his equity shares of the fund. Let us assume
Bob would like to buy video camera from the store that sells electronics. We
will price it at 1000 Nous Tokens. Merchant requests 1000 Nous Tokens from
Bob’ account utilizing Nousprotocol. Nousprotocol requests the fund to
redeem the equity shares equivalent to 1000 Nous Tokens and transfers it as
a payment to the retail store that sells the video camera. Then the retailer
delivers the camera to Bob.
What happened in this case? For Bob, it means he bought the camera for
some of the energy that belongs to him, and for the store, it is a normal
transaction. Of course, all of this will be possible if the fund has the sufficient
amount of tokens for instant transactions with the investor, but as described
above, the fund is predisposed having reserve to maintain liquidity. The
retailer must accept nous tokens as a payment in order to avoid paying
additional commissions to the intermediary liquidity provider, or willing to
accept payments in the form of more innovative technologies such as the
Type of Funds Supported
First stage of the development of the Nousplatform will be supporting fiveIn the near futur Nousprotocol will be expanding to support more complex
types of funds:
1. Open ended Investment Fund
2. Close ended Investment Fund
3. Venture Capital Fund
4. Charitable Fund
5. Family Trust Fun
types of funds.
Open-ended Investment Fund
Here is a short description on how an open-ended fund operates. The
scheme of open-ended funds enables Investors to acquire or sell equity
shares directly from the fund. Investors transfer their assets in the form of
Nous Tokens directly to the Fund. The fund assigns the tokenized equity
shares to the Investor. The investor can sell these shares back to the Fund at
any time for the market value based on the fund performance. This
approach allows the fund constantly to increase liquidity, and allows the
investor to liquidate the shares at any time. It is a real Win-Win situation. The
fund charges Investors fees for the acquisition and liquidation of the equity
shares. These fees are the profits of the fund.
Closed-ended Investment Fund
Here is short description on how a close-ended fund operates. These funds
raise capital only once. After raising the capital, the fund issues a fixed
amount of tokens. Than Tokens distributed among investors based on the
amount they have invested. After that, the fund is listed in the exchanges
and its’ tokens are traded as ETF. Fund pays dividends to the token holders
based on profitability for a certain period. Nousplatform enables
closed-ended funds to introduce its’ concept to the investors, who are
already utilizing the platform, and raise initial capital by conducting ICO
(initial coin offering).
This approach will attract new investors to the Fund, which increase the
chance for successful fundraising. As for Investors, they will have the
opportunity to diversify their portfolio of close-ended funds.
Venture Capital Fund 2.0
Nousplatform enables investors to create the Venture Capital Funds, in
order to raise capital for start-ups or for additional capitalization of an
active business. These funds are unique because they utilize an open voting
system, where investors decide whether to invest in a particular start-up
venture. Each investor who holds equity shares of the fund will vote on this
subject. These funds have a unique ecosystem, which is why we call them
advanced second-generation funds.
Example of a Venture Capital Fund
After the successful fundraising (ICO), all the assets invested by the
participants are blocked by a smart contract and are released only after an
open vote. Suppose the fund has raised $ 10 million, and the managers
decide to invest $ 500k in the start-up venture "X". In this case, they propose
to release $500,000 by voting, and each investor can vote with a smart
contract for or against this investment, evaluating all the opportunities, risks
and rewards of a particular start-up venture. If the required number of votes
is casted according to the rules, the funds released for investment. The
advantage of these funds is that each participant has a specific voting
power, for example, if Joshua has 10 shares, and John 2 shares, then
Joshua's vote is 5 times more powerful than John's vote.
Nousplatform enables users to create not only investment funds, but also
Charity Funds. The main advantage of a charitable organization based on
blockchain is its’ transparency and accountability before donors.
Nousprotocol enables the monitoring of the activities of the charitable
foundation. There is open access of the information on how and what type of
charitable assistance was provided, and how much was spent on operational
expenses. A charity fund is able to accept donations from all over the world
without restrictions. Any token holder can donate to any fund anywhere in
Family Trust Fund
It is a very popular form of fund when the asset holder (trustor) appoints a
trustee. This fund is a private entity and the public does not have any access
to any details of this trust. These funds have an option of open voting to
release some assets for any purpose the same way as in the case of the
venture capital fund.
The trust fund may consist of one person who can manage the assets and
enjoy all the advantages of the Nousplatform. In this case, 100% of shares
belong to one person. The family trust fund has another beneficial option,
the management of the estate, when the assets of one trustor are passed on
to another by employing smart contract of the fund.
Structure of Nous Ecosystem
The technical specification of the system and its’ functions and ability will be
provided in a separate document. This document provides short overview of
the key components.
System’s Components Interaction Scheme
It is a protocol, that has been published as an open source code and
licensed under GNU Lesser General Public License v3.0
Anyone can utilize the protocol to create his or her own fund. Initially, a
popular programming languages will be added.
Nous Smart Contract
It is a protocol, which is published as an open source code, and licensed
under GNU Lesser General Public License v3.0. Nous smart contract employs
verification functions within the fund’s contract, such as: verification of the
asset ownership, records of balances of the investment portfolio,
identification of the fund managers, estimating the level of trust, adding of a
third-party escrow entity and much more.
Smart Contract of the Fund
Smart Contract of the Fund created and published dynamically by
Nousprotocol. Its main function is managing the fund, such as equity
participation, equity shares acquisition and redemption, distribution of
tokens among investors, and much more.
Nous Wallet is an open source code that is used to store nous tokens. Any
holder of a Nous Wallet can make a payment or invest tokens in any of the
Nousplatform is a platform for the collaboration of investment funds and
investors. It includes a personal back office, statistical reports, wallets, lists
of funds and their ratings. For investors, the platform is a turnkey solution
for managing its own assets.
The funds will have a user-friendly interface to conduct business and a
platform to attract potential investors.
Nousplatform is a web interface that interacts with the clients’ Nousprotocol
library, as well as with the API, which in turn interacts with the nous smart
contract and database.
Participants and Their Functions
There are five categories of the main participants:
1. The Founder of the Fund (General Manager)
2. Fund Manager
3. Referring Agent
Functions for the Managers
The General Manager initiates registration
on the Nousplatform and confirms the
information and data through the double
authentication process. After the
registration process is confirmed and complete, the manager creates a nous
wallet and saves a private key file. This nous wallet address used for the
publication of the smart contracts of the fund. Then the manager deposits
nous tokens to the wallet to collaborate with the blockchain. The blockchain
charges a small commission for any transaction related to the recording of
information, so the manager will need to pay a small fee to publish a smart
contract of the fund.
The General Manager establishes the fund, inputs the data of the fund, the
type of fund, and the addresses of the fund managers' nous wallet. After that,
the Nousprotocol publishes, on behalf of the general manager, a smart
contract on the blockchain with all required settings. The smart contract
also includes the addresses of the escrow smart contracts for the
appropriation of the different trust functions.
The next step is adding and verifying nous wallets to create a portfolio.
Verification is necessary to prove the fund and ensure that the assets of
investors will be stored in these nous wallets, and to confirm whether
managers have their own equity shares in those wallets. The Nousprotocol
will use a variety of verification methods, depending on the blockchain where
the nous wallets are stored. The simplest method of verification is the
transfer of micro sums or OP_RETURN transactions to the Nousprotocol
verification wallet. If the transaction was successful, then the protocol
verifies the wallet of the fund in a smart contract.
Verification of the initial assets owned by the fund is one of the most
important aspects, since it is very important to understand, especially for the
hedge funds, what amount of the assets at risk are owned by the fund. At the
time of verification of the wallet, the protocol reads the available balance
and records it into a smart contract as the initial capital of the fund.
Publication of data. Once a day Nousprotocol cross-references balances
and transactions data from the verified nous wallets, and records them
through nous smart contract to the smart contract of the fund. Published
data becomes available so the managers can analyze the fund’s
Listings of the fund. Fund managers can use the Nousplatform to attract
investors. The fund is listed and rated by the Nousplatform, which is the most
powerful marketing tool for attracting new investors.
Close-ended funds can use the Nousprotocol to conduct ICO, to raise initial
capital and issue their own ETF tokens. After the fund is established, the
manager can publish an additional smart contract for the purpose of ICO,
which collaborates with the main contract of the fund and controls the
distribution of the tokens.
Assignments of the responsibilities. The general manager can assign
responsibilities to the managers within the smart contract of the fund, by
granting permission or blocking access to the different functions.
Functions and Options of the Nousplatform for the Investors
Investors register on the platform and get aInvestors can buy and sell equity shares of the
personal account and a back office. Then
he/she passes verification and receives his/her
own nous wallet, where the investor can deposit
and store nous tokens. Investors can review the
rating and statistical data of each fund on the
Nousplatform and make a decision whether to
invest. Funds are divided into categories and
types. The investors can analyze the activity of
the fund for any period.
The Nousprotocol forms the trust level of the
fund, an important factor affected by and
associated with the fund's activities. This will
allow investors to make more educated and
fund. Nous tokens are used for the acquisition
of equity assets of the fund. Investors can sell
their equity shares back to the fund and get
nous tokens in return. The close-end funds use a different approach,
Security of the assets. All assets purchased from funds established by the
Nousprotocol are stored in a “cold” wallet. Only investors with a private key
have access to his/her wallet. Same wallet can be used to store all the assets
of the investor. ICO participation. An investor can acquire the
of a close-ended fund before it is listed on the exchange.
The referring agent is an independent agent of the fund, which is attracting
new capital to the fund and receives commission for the service provided.
The protocol will support the function of compensating the referring agent
by the fund. When a new person becomes an investor in the fund, based on
the referral from the agent, the protocol also identifies and records the
referring agent’s wallet address.
Escrow is a smart contract, which is
responsible for creating snapshots of
portfolio balances, assigning a trust level to
the fund, and so on. It is a trusted service
that has permission to carry out certain
actions with a fund’s smart contract. In
addition, escrow could be any third-party
services and developers that will
complement the functionality of the smart
contract.The Nousplatform can conduct
voting among fund owners to add new escrow to the fund's smart contract,
and if a decision is made, then new functionality and addresses of smart
contracts of escrow having access to this functionality will be added.
For example, there is a service 'X', which identifies users by fingerprints or by
face recognition on the blockchain, (we are witnessing the creation of such
services 4 ). If the fund wants to identify the manager through the 'X' service, it
allows the smart contract of the service to make changes to the fund's smart
Service 'Y', the law enforcement agency that exercises control over the funds,
depending on the jurisdiction, gets access to certain functions of the fund’s
smart contract for an audit or freezing the activities of the fund in case of
violation of the law or for other valid reasons.
Service 'Z', an independent organization, which does not have the ability to
influence the operations of the fund, but can accept investor’s filed
complaints about the activities of the fund. This organization can get access
to publish the rating of complaints and resolution of conflicts in the fund's
The purpose of the protocol is to provide maximum simplicity and
convenience for the integration of third-party services and developers
The Nous Token is a universal utility token that allows investors to acquire
an equity shares of different funds. There is a very high demand for this
currency; it has the potential to cover a huge market estimated in trillions of
US dollars. The token will be based on the ERC20 standard and called NOUS.
The Use of the Tokens:
● Acquisition of the equity shares of open-ended funds
● Participation in ICO of close-ended funds
● Dividends of close-ended funds
● The reserves of open-ended funds to increase liquidity (see paragraph
3) Platform for Commissions payout Use of tokens to pay for the goods
and services, an example is described in paragraph 3.2, Example 1.
Nous Tokens are available for acquisition during Pre-ICO, during ICO, or
later on multiple exchanges. ERC20 wallet can be used to receive and store
Nousplatform Token Sale Details
Symbol : NOUS
Maximum supply: 777 000 000
Available for purchase: 543 900 000
Pre-Sale Start: 30 th November 11:00 UTC
End: 25 th December 10:59 UTC
ICO : Will be announced in Q1 2018
Minimum transaction amount: No minimum
Accepted currencies: ETH only
Hard Cap: 85 000 ETH
Soft Cap :5 500 ETH
Total Supply: 543 900 000 NOUS (70%)
Pre-Order: 15 540 000 NOUS (2%)
Pre-Sale: 23 310 000 NOUS (3%)
ICO: 505 050 000 NOUS (65%)
70% Will Be Sold to Backers
20% Will Be Retained by Nousplatform
5% Advisors, Grants, Partnerships
2% Will Be Used To Cover Token Sale
30% Open source software development
20% Legal Expenses, Licenses (FCA, SEC, etc.)
15% Marketing and Business Development
5% Operational Expenses
15% Real Estate Fund
15% Crypto Assets Fund
Unsold Tokens & Vesting Period
Any unsold tokens in Closed Fundraising and Pre-sale go into public crowd
Nousplatform retained tokens are locked for the first 4 months, and will be
vested over a period of 20 months total, 5% every month. The total vesting
period is 24 months.
Advisors tokens are locked for 2 months and distributed fully.
Any unsold tokens from crowdsale will be burned.
The amount of NOUS tokens per 1 ETH.
The shift of the economy toward tokenized asset markets cannot be
reversed. These markets have an extremely high demand for our product. We
are convinced that with the expansion of the markets of cryptocurrency and
crypto assets, that our product will be met with even greater demand. Any
investment fund based on Nousplatform will be able to use more than a
thousand crypto assets available on the market today. Therefore, our first
and most important task is to create a core platform for asset management
and the interaction of investment funds and investors.
April of 2017
Idea inception, massive research and proof of concept
June of 2017
Website launched, pre-ICO announcement, beginning of the development of
nous protocol and nousplatform software, initial marketing campaign.
July of 2017
Publishing of the Whitepaper Completion of technical documentation
September of 2017
Community Public Relations work Preparation of documentation for the
establishment of pilot investment funds
November of 2017
December of 2017 – February of 2018
Launch of back offices pre-registration of the investors and establishment of
their accounts. Public Relations campaign to bring potential investors using
March of 2018
Launch of beta version of the Nousplatform in Ethereum Testnet and initial
testing Launching pilot investment funds with existing partners.
June of 2018
Launch of the Nousplatform. Integration with Bancor protocol and 3rd
August of 2018
Launch of beta for decentralized exchange for ETF
September of 2018
Development of the API for Escrow and third-party service integration with
October of 2018
Development and integration of third-party solutions and services to
purchase NOUS tokens using FIAT
November-December of 2018
Launch beta integration API
Development and integration of algorithms for decentralized asset
management that will determine the initial rules and framework for
managers working with equity assets, and the creation of a distribution
gateway that solves the management problem with maximum security and
trading strategy for the investor.
VYACHESLAV PUSTOVOY / CEO
Vyacheslav is an entrepreneur and professional investor.
His most recent investment includes a cryptocurrency
portfolio as well as energy sector investments such as oil
and gas companies.
ANATOL OSTROWSKI / CTO
Anatoly is an entrepreneur and software developer with
more than 12 years of experience. He is a Visionary,
Enthusiast and driving force for the Nousplatform.
Anatoly managed more than 20 IT projects.
ALEX MANOYLO / CBDO
Blockchain Enthusiast and ICO Evangelist, Creative
Business Analyst with deep expertise in Business
Development, Sales, and Marketing. Master of Business
Administration and Management, Bachelor of Marketing.
VICTOR PULIAEV / COO
Viktor is an entrepreneur with 18 years of business
management experience and an expert in international
trade relations between Russia and China. Since 2017 he
has been actively investing in crypto assets.
ALEXANDER CHEPELEV / CFO
Alexander is a financial consultant. His expertise is
financing of the projects for industrial clients. He is
currently involved in metal manufacturing, industrial
machinery, and manufacturing and agricultural industry
ANDREY VOROBYOVSKI / CMO
Andrey resides in United States. He is an expert in business development
and marketing. He has decades of sales and management experience. His
dedication, tenacity, organizational skills, vision and drive for success is a
big asset to the team.
DANIIL CHABANETS / Public relations
He is a specialist in International Trade - Incoterms. Daniil
is an expert on building public relations.
IRIC MUSABIROV / Lawyer
Iric is a co-founder and international lawyer. He is in
charge of legal compliance, document circulation,
participation in negotiations and providing legal
Founder of INOV8 Golf, professional fundraiser and
business development strategist for startups. Member of
the private community of tech startups Founders Network
Brian Kusmer Real Estate Business Professional in 20 years
responsible for nearly $500 million in transactions volume.
He is in the top 1% of business performer in the world
Blockchain-evangelist, visionary. Has experience of
staging ICOs in several projects (SONM, Humaniq, etc).
Co-founder of Blockchain Association in Russia.
Entrepreneur, designer, investor, visionary innovator,
author of creative business concepts, start-ups, adviser,
project manager, investor relations