Swap PF will enable Payexpress to operate “BOSprime” that will source products to sale and distribute, especially “cutlass fish” through partnership with another company, “O2NB.”

A. Product flows after Swap

① BlockchainOS and Payexpress will sign a contract upon the PF being approved.

② Payexpress (BOSprime) and O2NB will sign a contract to source products(cutlass fish) to sell and distribute.

③ O2NB will source cutlass fish from Senegal by an agreement between the company and the Senegal government. O2NB is expected to increase the amount of products sourcing as business grows.

④ Payexpress (BOSprime) will sell and distribute cutlass fish imported from Senegal. The products will be distributed and sold, and discounts will be offered only to BOScoin community. Payexpress will offer payment services payable with BOScoin.

⑤ The “sales and distribution” is expected to earn profits when sold to consumers at a market price. The profits will be used to increase the scale of business and diversify the products payable with BOScoin.

B. Cash flows after swap

(1) After the swap, the exchanged 100 million PESS tokens will be burned by BlockchainOS. The result will be announced upon the completion.

(2) After the swap, approximately 30 million BOScoin owned by Payexpress will be divided into two pools of funds by the following percentages, 20% and 80%.

(3) 20% of the BOScoin will be collateralized for a private equity fund, but if the fund can’t be approved, Payexpress has the right to use it to operate BOSprime.

(4) The remaining 80% of BOScoin will be collateralized for a private equity fund, and the approved funds will be used to operate O2NB business.

(5) The 80% of BOScoin collateralized will be returned to BOScoin community as donations. The donation will occur evenly in five years with one-year grace period. The donation will be used to fund Membership Reward.