Hello,

My name is Henry Brade and I'm the CEO of Prasos which is a 3-year old Finnish Bitcoin startup.

Our services include Bittiraha.fi which is the largest Bitcoin exchange in Finland, Denarium which produces the next generation physical bitcoins and BTC Store which focuses on Bitcoin security products. In addition we operate the largest Bitcoin ATM network in the Nordics, called Bittimaatti.

Our main revenue generator at the moment is the exchange services at Bittiraha.fi. We calculate only the trading commission to our revenue figures, not the trading volume itself.

I'll go quickly through the numbers:

Yearly revenue growth from 40k€ to 200k€ to 300k€

20 million EUR of exchange volume to date

Approx. 1 million EUR traded each month through our services

25 000 unique customers, over 65 000 processed orders

Funding target minimum 150k€, maximum 500k€

Company valuation is set at 2,75 million EUR

Here is what we have in store. Next week we are launching version 1 of our new "quick buy" Bitcoin service in Finland. This is something never before seen. The sheer lack of friction will be surprising, to say the least. Our new service doesn't ask for anything else than a Bitcoin address + amount and it's instant. With our payment partner we will be launching the same service in the UK soon after.

In the mid-term we have a project that involves processing Bitcoin transactions offline. Our method is unique, never-before-seen and has significant potential. It could help Bitcoin to be more reliable in the developed world and enable whole new possibilities in the developing world. We plan on publishing version 1 of this technology in Q3/2015.

In addition our future roadmap includes building a secure Bitcoin vault so that regular people can store their bitcoins safely and we are also looking at launching a Bitcoin ETF. For the ETF project we're looking for a banking level partner company.

We have a complete ecosystem approach where we are trying to provide all the necessary services for a closed loop Bitcoin economy. At the same time we do not want to waste resources on projects that do not generate any value. We are continuously developing our business strategy to find the "killer apps".

Often I'm asked how do we compete with major Bitcoin companies such as Coinbase? My view on this is that trying to copy their model and go head to head against a company with 100+ million in funding and an established brand in the space, would be difficult to say the least.

Our approach is to differentiate our services from those that exist. We want to create unique value propositions that no other company in the space can provide, least of all the companies with a more known brand than ours.

With Bittiraha.fi we differentiated ourselves with the approach of a complete local ecosystem. Our Bitcoin portal has everything a Bitcoin user in Finland needs: information, news, blogs, forums, exchange services, bill pay services, wage pay services, merchant services - all in the Finnish language.

For our exchange services there is one aspect we focus on the most. That is lack of friction. We want to burden the user with registrations, forms and processes as little as possible. With our upcoming quick buy service we are taking this approach to the extreme - and we believe this is something the Bitcoin economy desperately needs. Ease of use.

We are seriously looking at the internationalization of our company. We have multiple international players joining our company advisory board. One of them is working as head of global strategy at a Finnish company with multi billion EUR revenue. Our advisory board has significant contacts especially in the developing markets which are at our disposal for our future internationalization projects.

We are aiming to grow and to seriously challenge the other large players in this industry.

If you are interested in investing, check our crowdfunding profile at Invesdor. Our share issue is open until the 20th of May. I'm available for questions & discussion with any interested parties.

Henry Brade

hbrade@prasos.fi

+358415014485