# A word from the founder For several years the world we live in, has been changing fundamentally. The so-called “digital revolution“ has changed our day-to-day life irreversibly. The digital revolution knows no frontiers. We are living in a time where we start to digitise money for the very first time. According to many specialists, the blockchain technology used to bring money into the digital world is seen as one of the most important inventions in the history of mankind. Yet the technology is new and not (yet) used in our day-to-day life. The vision of Renegade is to make this revolutionary technology accessible to everybody. We are driven to build a financial app for the people of the 21st century. An easy to use financial hub for all the financial services you need in your daily life. It will offer the same services as high street banks but many more. We believe that cryptocurrencies will change the financial world forever. This change will not happen from today to tomorrow. It will take decades. In our world, cash is still the most used legal tender to meet a financial obligation. Also, people need a unique bank account to settle their daily payments. We are facing a major problem: two worlds, cryptocurrencies and traditional banking, are not linked to each other. Our mission: to overcome this frontier. Bringing together these two worlds in one easy to use financial hub. Accessible to everybody and totally free of charge. Meet the future - meet Renegade! # The Challenges Facing Traditional Financial Markets Traditional financial markets are facing challenges on an unprecedented scale. Most are overly regulated and too complicated to adapt to new technologies quickly enough. Furthermore, existing giants have no incentive to adopt new and - in their eyes - unproven technologies. To them the potential gain appears marginal at best, while the level of uncertainty and the investments required are substantial. The result? More cost effective and efficient ways to deliver everyday services to every corner of the world are slow to arrive, if they arrive at all. What’s most striking, and regrettable, is that nowhere in this decision making process are the needs of users considered. Traditional financial market players prioritise only their own potential risks and gains. # Financial Markets The traditional chain of financial service providers consists of a high number of intermediaries. Every middleman has its own cost structures, which means they each charge commissions in return for providing the services required. These corporations have been using the same operating principles for years. There are two reasons for this. On the one hand, the scale and scope of these operations means they are not easily changed. On the other hand, maintaining the same traditional business models is convenient for these players. Well-established financial corporations use their market dominance to ensure their expensive and ineffective operations continue unchallenged. And it’s usually their customers who pick up the tab. Two major problems arise due to this lack of change: * Firstly, important services become expensive for customers, for some user groups prohibitively so. * Secondly, a limited number of players dominate because it is very complicated for any new business to enter the market and become an equal player in the ecosystem. Combined, these two problems create a sort of lock-down in the sector. The offerings brought by the traditional finance and banking industry fail to serve the needs of a significant part of the population. However, new entrants who could meet these needs by challenging the status quo are unable to easily enter the market with new product offerings because the intermediaries involved are highly interlinked. So where has this lock-down brought us to? An example that highlights the inefficiency and expense it causes is international bank wire transfers. Using ordinary banking systems this kind of procedure is slow and complicated. What’s more, the cost can easily exceed 10% of the amount being transferred, especially with small sums. It’s a service that brings few, if any, benefits and a lot of frustration. But for many customers, this is the only option available. But an alternative is possible. With cryptocurrencies and other blockchain based products the story is completely different. Critically important is the fact that there are usually no middlemen between the two parties making the transaction, just the blockchain itself. This fact brings two major benefits: * It takes seconds to perform the transaction, and this time is not affected by how far apart the parties are. * The cost of the transaction is reduced to just a fraction of a percent of the amount being transferred. Blockchain based transfers benefit both private users and businesses. For the former, it makes it possible to transfer small amounts at a low cost. For the latter, they can rely on blockchain to execute substantial wire transfers to clients or partners in a fast, reliable manner that is also highly cost effective. But there’s a problem. At present, cryptocurrencies function fairly well as an asset, but remain virtually impossible to use as a means of payment in everyday life: users have to manually sell their crypto assets on an exchange, then transfer the resulting amount in traditional currency to their bank account. Only when this transfer is completed can they use these funds to make purchases. # Renegade - bridging the gap Renegade was founded on the belief that everyone has control over their money, data and identity. We believe that decentralisation holds the key to empowering people around the world to better safeguard their rights, and that we are helping the world move in this direction by accelerating the transition to adopting cryptocurrency. Can traditional financial players provide the fast, efficient, affordable financial services businesses and individuals need? The answer is no. They can simplify their front end operations, but the machinery behind it still causes problems because of the way it is structured. For example, someone making an international transfer is still charged even if the transaction isn’t cleared. To make matters worse, it will probably take a long time for them to become aware that the transaction has been declined, an additional headache for both businesses and individuals. Let’s be clear. Traditional banking has been with us for hundreds of years, and has done a decent job of stimulating economic growth. But now it is lagging behind. Emerging technologies are already there and ready to be adopted, but by failing to do so these companies are both depriving their customers of the gains these new technologies bring and making themselves vulnerable to competition from new entrants. And these new players don’t depend on a long chain of intermediaries to offer their products to the market. Blockchain might just be the technology that will change how we perceive financial and banking services; completely new ways of adding value to customers will emerge. # Cryptocurrencies vs. traditional financial markets Effectively managing assets and providing safety in times of economic decline is vital for any financial service provider. For hundreds of years these providers relied on precious metals, mostly gold, to preserve the value of assets during economic downturns. It is still widely believed that gold can withstand and hedge the risks caused by economic uncertainty and political upheaval. The major advantage cryptocurrencies have that no other asset class has ever had is decentralisation. Yet there is a risk inherent in physical asset classes like gold. In times of unrest, these asset classes can break down because they are still attached to physical locations like land or bank vaults. By contrast, cryptocurrencies benefit from being decentralised - they are free from any physical location. There are no known ways to stop blockchain based currencies from distributing information updates, whatever the political circumstances. This means assets are kept safe around the world, around the clock. Bitcoin and other cryptocurrencies are gaining increased interest from investors as their immense potential becomes clear. On the one hand, they provide the hedge investors need. On the other hand, they’re currently also a great short-term trading resource because of the volatility in price. This makes them high-risk, short-term investments with high-yield potential, something every trader is looking for. And they have the capability to hedge traditional financial derivatives. This unique combination is what makes cryptocurrencies a true phenomenon. # Limited global availability One of the clearest limitations of the traditional financial system is its inability to offer accessible, reliable and affordable services to people around the world. Almost 1.7 billion people lack access to banks or similar institutions. With very complex operations and cost structures burdened by overheads, traditional financial service providers put a hefty price tag on inclusion in the global economy. And the result? The poorest in our societies remain poor. Using the current methods employed by traditional banks there is simply no way to include them in the global financial system. But a potential solution to this problem is now available, and it’s connected to the fact that almost half the world now has access to the internet. This is important because access to the internet means access to blockchain based financial services, with their much lower costs and much greater efficiency. Blockchain technology is based on information distribution through the web. This enables financial data to be transferred at a tiny fraction of the cost incurred by traditional banks. Using Bitcoin then, or any other blockchain based currency, as a means of payment has incredible potential in less developed countries. In the short term, Renegade’s strategy is aimed at increasing the adoption of cryptocurrencies by utilising existing payment infrastructure as a stepping stone. This will initially limit our ability to penetrate the huge potential market that currently lacks access to traditional banking. However, our long term goal remains to overcome this restriction and open up the field of global financial and payment services to the next billion potential customers. This will be possible when the adoption of cryptocurrencies gains the critical mass required for a native crypto-payment industry to become both useful and economically viable. # Mission # Accelerate the World’s Transition to Cryptocurrency We believe that by accelerating the adoption of cryptocurrencies, we can empower people globally. This includes granting individuals the ability to manage their funds - providing them access to their finances anytime, anywhere. With the use of a cryptographic blockchain, data security is significantly enhanced, making data manipulation exceedingly rare. Moreover, the absence of a central authority ensures individuals' identities are safeguarded and at no risk of being compromised. # Vision # Cryptocurrency for everyone. In order to realise this objective, we are redefining how money is moved, spent, and invested, as well as democratising blockchain technology by creating attractive, easy, and practical financial services that have a long-term, beneficial influence on people's lives. # Future of the Internet - Web3 Renegade is dedicated to creating the internet's future: Web3. Web3 will be fairer and more egalitarian, powered by cryptocurrencies, and controlled by the builders, artists, and users. We are constructing day by day, block by block, to provide everyone with control over their money, data, and identity. The road to Web3 will be long and difficult, but we will all look back and say, "It was all worth it." # The challenges currently facing cryptocurrency exchanges Blockchain has advanced significantly in less than ten years. New cryptocurrencies have emerged, as have the fundamental components of the whole infrastructure. There is no question that this market has evolved significantly in a very short period of time. Nonetheless, considerable technological, legal, and political challenges exist that must be overcome, with the latter two being especially critical. Furthermore, while a large majority of new cryptocurrency exchanges were founded by enthusiasts, only a tiny percentage of them have the technological maturity required to keep funds secure. There are also significant challenges in abstracting the complexities of blockchain and cryptocurrency technology and making them accessible to average people. Finally, there aren't many convenient integrated items on the market. These products are essential because they may serve as single points of entry into the market for anyone looking to get into the realm of cryptocurrencies. # Insufficient compliance Most nations' biggest problem with cryptocurrencies is their inability to control them. Despite their great potential, legislators and regulators are wary about cryptocurrencies. One reason is that they are frequently used to produce and transmit significant quantities of money in the internet's "grey zone," so avoiding taxation. As a result, authorities are refusing to promote cryptocurrencies in order to avoid difficult legal complications. As a result, investors are wary of entering this market due to worries about client due diligence, anti-money laundering regulations, and other difficulties related to the pseudonymous nature of cryptocurrencies. # Isolation from traditional banking Another significant concern is that cryptocurrency exchanges are only now discovering the best practices required to keep their trading infrastructure secure from potential harmful activity. As a result, many exchanges still have a high level of technical security breaches, as well as a lack of legal protection for the assets involved. This is one of the primary reasons that traditional financial institutions shun blockchain-based marketplaces. So, what are the outcomes? Traditional banking institutions do not recognise cryptocurrencies as an asset class for the reasons stated above, which means they are unable to deliver crucial financial services to half of the world's population. # Trading fees As a result of the present deadlock, substantial fees continue to be charged to both parties in cryptocurrency exchange markets. When a particular level is reached, trading becomes prohibitively expensive. Renegade believes that a blockchain-based, well-automated exchange should be minimal in cost and accessible to anyone. Once built, the entire infrastructure is constantly available. Of course, upgrades and new functionalities are crucial, but the capacity to deliver a comprehensive range of services is the most significant component. This implies that the costs of these particular functions must stay minimal. # Issues with cryptocurrency wallets at present # Asset safety One of the most pressing concerns confronting the market is the ability to develop easy cryptocurrency wallets capable of safeguarding funds. Large quantities of assets are held by cryptocurrency exchanges, which is both a reason for joy and anxiety. These assets must be protected from hackers, and the more assets there are, the more difficult this gets. Unfortunately, large breaches on prominent exchanges result in massive losses all too frequently. # Banking challenges with cryptocurrencies # Limited accessibility Despite the proliferation of exchanges facilitating fiat to crypto conversions, a substantial portion of the global population still lacks access to crypto and banking services. It's striking to consider that approximately 1.4 billion individuals remain entirely unbanked, while 1.7 billion lack any access to financial or similar institutions. Furthermore, estimates suggest that a meager 5.25% (equivalent to 420 million people) of the world's population are cryptocurrency owners. These figures present an immense opportunity to extend financial services to the unbanked and accelerate the widespread adoption of cryptocurrencies. # Challenge Identification and Our Approach # Principal Obstacles in Promoting Cryptocurrency Adoption Navigating the path to wider cryptocurrency adoption is riddled with unique challenges, including: **Interface Design:** An uninspiring interface fails to attract or please the average user, leading to user dissatisfaction. **Incentive Structure:** Lacklustre incentives do not motivate users to use cryptocurrencies beyond speculative trading, presenting a weak value proposition. **Understanding and Accessibility:** The inherent complexity of cryptocurrencies can intimidate and deter newcomers, making it a hard-to-grasp investment. **Security and Confidence:** The high incidence of fraud and theft related to cryptocurrencies has undermined user trust, posing a significant security concern. # Our Approach To confront these challenges head-on, Renegade has set in motion a series of strategies. These aim to fuel widespread cryptocurrency adoption while bridging the divide between conventional banking and crypto-based services. Renegade is offering solutions in multiple key areas, including: **• Payment Solutions** **• Crypto Trading and Exchange** **• Comprehensive Financial Services** **• Reward-based Incentive Programs** **• A Unified Approach to Financial Management.** Our strategy is built around using payment solutions as the driving force to stimulate adoption and attract users. At the same time, we regard trading and financial service solutions as our primary revenue drivers. Our platform delivers additional value by enabling customers to access conventional banking, robust cryptocurrency integration, and various financial services. This strategy creates a self-perpetuating cycle: our payment solutions attract users, and the revenue generated from trading and financial services is reinvested back into our payment solutions. This cycle promotes ecosystem growth and facilitates a wide range of cryptocurrency services. Renegade's product offerings will cultivate a self-sustaining ecosystem to fulfil our mission. To bridge the gap, accelerate cryptocurrency adoption, and deliver unparalleled value to daily spenders. # Renegade Payment Solutions # RenegadePay Our Offering Introducing RenegadePay, your gateway to the future of payments! With RenegadePay, merchants are no longer bound by traditional payment methods. Instead, they are equipped with the power to accept both cryptocurrency and credit card payments, opening up a world of opportunity. RenegadePay isn't just about expanding your customer’s payment options - it's about embracing the digital revolution. By integrating our groundbreaking payment gateway, you're not only catering to a growing market of cryptocurrency users, you're also actively propelling the real-world application of cryptocurrencies, thereby paving the way for a more inclusive and decentralised financial future. But RenegadePay is much more than just a payment gateway. It's a catalyst for change, shattering barriers to cryptocurrency adoption and maximising the potential of blockchain technology in everyday business transactions. RenegadePay is your passport to the digital financial era, enhancing the usability and acceptance of cryptocurrency payments across the globe. So, why wait? Step into the future of payments with RenegadePay. # Unique Selling Proposition RenegadePay is a mobile payment service offering the ability to pay and receive payments in cryptocurrencies free of charge, anytime, anywhere. Powering this offering is the Renegade app, which is built upon the robust and secure Ethereum blockchain leveraging this technology. This combination not only provides convenience, but also integrates the burgeoning world of cryptocurrencies into everyday transactions. Renegade's unique offerings bring notable advantages to merchants: 1\. **Expanded Customer Base:** By accepting cryptocurrency payments, merchants can cater to a broader customer demographic, thereby increasing their sales potential. 2\. **Fiat or Crypto:** Despite accepting crypto payments, merchants have the flexibility to receive their preferred fiat currency or cryptocurrency, providing them with freedom and versatility in handling their earnings. 3\. **Lower Fees:** With the implementation of RenegadePay, merchants can benefit from reduced processing fees compared to conventional payment methods, leading to better profit margins. 4\. **Easy Setup and Management:** The integration process of Renegade Pay is straightforward, and managing payments is simplified, giving merchants more time to focus on their core business operations. # The Renegade App The Renegade app will change how people in the 21st century will do their banking as it is the first all-in-one app worldwide which combines traditional banking and cryptocurrencies in one environment. The Renegade app will be downloadable for free on Android and iOS versions in Q3 2023. Once the user has downloaded the Renegade app, they simply submit an identification documentation, name, address, e-mail address, mobile phone number, proof of residence and have to identify themselves through a selfie video to set up an account. Once this process is finished, a unique IBAN account will be opened for the user along with a crypto currencies wallet. The Renegade app will give the users the possibility of opening a non-custodial wallet and custodial wallet. This offering enables users flexibility over the security and ownership of their crypto. The account can be funded with Euro by bank transfer to start with and the implementation of other major fiat currencies will come with the expansion into other countries. The cryptocurrencies wallet can be funded either by transferring from another wallet or by buying within the Renegade app. The Renegade app is also set to introduce even more game-changing features. Through our collaboration with Orka Ventures, the 'RenegadeLend' feature will provide users with the capability to access micro loans. This exceptional service furthers our goal to provide a comprehensive financial solution, right at the fingertips of our users. For all trading enthusiasts, the Renegade app offers a sophisticated trading platform with a highly intuitive user interface. This feature is designed to facilitate seamless trading experiences, and with the added advantage of low fees, it presents an excellent opportunity for traders to maximise their potential. # User Experience # Buy & Sell Crypto Renegade App facilitates easy buying and selling off cryptocurrencies. Users can leverage their fiat wallets or credit/debit cards for transactions. The app supports over 200 cryptocurrencies and 20+ fiat currencies, providing a broad spectrum of options. # Send & Withdraw Crypto The app enables users to send crypto to other Renegade App users instantly and without fees. Additionally, users can also withdraw their crypto to external wallet addresses for a minimal fee, ensuring flexibility in asset management. # Manage the Visa Card The Renegade App allows users to apply for and maintain their Visa Card, as well as spend their cryptocurrencies online and offline at over 80 million VISA merchants globally. The following app functionalities are supported: Convert cryptocurrency into fiat cash that can be spent (including USD, EUR, GBP, AUD). Once the users card is enabled, the card can be frozen or unfrozen with on click in the app. Upgrade card tier, and reap the rewards/benefits associated with your chosen card. Renegade customers may use their smartphone or a debit/credit card to spend their cryptocurrencies such as BTC, ETH, and other crypto currencies, as well as Euro, anywhere Visa is accepted. # Track Crypto Keep your finger on the pulse of the crypto market with our tracking feature. You can stay updated on 200+ coins with real-time data on prices, volume, market cap, percentage change, and more. The feature presents data in two currencies (USD and BTC) across various timeframes (4H, 8H, 1D, 1W, 3M, 1Y) to provide comprehensive insights. # Traditional Banking * IBAN Account * Debit Cards * Deposits/Withdrawals * Saving Plans * Crowd Investing * Crowd Lending * MoneyLightning (P2P money transfer) * Overdraft/Personal loan When a user opens a Renegade account, they must submit an identification documentation, name, e-mail address, mobile phone number and proof of residence. Once their KYC has been confirmed by an external provider their unique IBAN account will be opened. With this account the user will be able to receive and send money, create recurring payments and pay bills by direct debits (SEPA). Also, they will be able to spend their money with the Visa debit card. To other Renegade users they will be able to send and request money by the “PayMe“ feature. Those transactions will be completed instantly and allow users to interact with their friends efficiently within the Renegade application. # Currency Exchange In the Renegade app, users are empowered with unprecedented spending flexibility through their associated Visa debit card. This capability extends to both fiat and cryptocurrencies, allowing users to make purchases globally, anywhere Visa is accepted. The real advantage lies in the minimal fees imposed by Renegade, enabling users to make the most of their money. Traditional banking often includes hidden charges and high conversion fees, but Renegade keeps these costs low, promoting an economical way to spend your money. Moreover, the Renegade app is designed to automatically convert cryptocurrencies into the local fiat currency at real-time competitive exchange rates. This ensures that users always get a fair conversion value for their cryptocurrencies. This seamless integration of fiat and cryptocurrencies on a global scale is what sets the Renegade app apart, providing a truly modern banking solution. # Security The Renegade app will implement state-of-the-art security features. Renegade will use Intergiro to issue IBAN accounts via the app. Intergiro states: “Your money is safe with Intergiro. Intergiro is an Electronic Money Institution, regulated in Sweden by Finansinspektionen (The Swedish Financial Supervisory Authority) under the Swedish Electronic Money Act (2011:755), Licence Reference: 48003, for the issuing of electronic money. We are required by law to protect clients’ money by safeguarding it with a bank, segregated from Intergiro's own funds. That means, in the unlikely event that Intergiro becomes insolvent, client money will be unaffected and will be refunded to clients”. Renegade is designed with utmost care to safeguard users' crypto funds. We employ a multitude of security measures to ensure your assets stay secure. # Secure Wallets Renegade provides both custodial and non-custodial wallets to suit user preferences. With non-custodial wallets, users retain full control of their private keys, adding an extra layer of security. # Two-Factor Authentication (2FA) 2FA provides an extra layer of protection to your account by requiring a second form of verification. This decreases the risk of unauthorised access even if someone else knows your password. # Biometric Authentication For easy and secure access, Renegade supports biometric authentication. Whether its fingerprint or face recognition, users can log in quickly and securely. # Encryption Renegade uses robust encryption techniques to ensure the safety of user data and transactions. Private keys in the non-custodial wallets are encrypted within the user's device for maximum security. # Suspicious Activity Monitoring Renegade continually monitors accounts for any suspicious activities. In case of any unusual behaviour, the account is temporarily frozen to protect user assets. # Instant Notifications Users receive instant notifications for each transaction made. This allows users to stay on top of their account activity and quickly report any unauthorised transactions. # Renegade Wallets The Renegade crypto wallets cater to all, from crypto newcomers to seasoned users. Newbies can comfortably navigate their first transaction, while veteran users will appreciate upgrades to standard features found in other wallets, particularly in the areas of backup recovery phrase and crypto transactions. These multifunctional wallets are compatible with over 200 cryptocurrencies, including well-known options like BTC, ETH, SOL, ATOM, DOT, and LTC, and we're always looking to broaden this range. With their Renegade IBAN account, users can swiftly acquire their preferred cryptocurrencies or simply link an external credit/debit card using the Crypto Purchase feature. This function makes it incredibly easy and convenient to directly transfer any supported coins into the user's wallet. Interlinked with DeFi the Renegade wallet offers an effortlessly smooth trading experience within the app. This system gives access to be the top DeFi platforms for exchanging and farming DeFi coins, presenting optimal rates via trustworthy and validated protocols. Renegade users can comfortably manage, exchange, and trade specific tokens across various blockchains. To get started, users need to download the Renegade mobile app and follow these simple steps: Select wallet creation: 1. Select wallet custodial or non custodial 2. Create wallet 3. Set up a passcode and enable biometrics authentication and 2FA 4. Accept our Legal Terms & Conditions and Privacy Notice Purchasing cryptocurrencies with ease is a standout feature of the Renegade App. If you have Euro in your Renegade IBAN account, you can swiftly purchase BTC, ETH, or other available cryptocurrencies. Once the transaction completes, your acquired cryptocurrency is moved to your wallet. Inside the app, users have the flexibility to select the source for their real-time and physical transactions made using their debit card. Therefore, with just a simple tap, users can utilise their debit card to spend Euro, BTC, ETH, or other cryptocurrencies, enhancing the seamless crypto spending experience. # Our Offering In an effort to provide utmost security and control over finances, Renegade offers its users the choice between custodial and non-custodial wallets, or even the option to utilise both. This flexibility not only ensures users' money, data, and identity are well protected, but also augments the robustness of our ecosystem, catering to diverse user needs and preferences.
In an effort to provide utmost security and control over finances, Renegade offers its users the choice between custodial and non-custodial wallets, or even the option to utilise both. This flexibility not only ensures users' money, data, and identity are well protected, but also augments the robustness of our ecosystem, catering to diverse user needs and preferences. # Custodial 1. Cryptocurrency wallet where the private keys are maintained and held by a third party service provider, usually the custodial wallet service itself. 2. You can buy, sell, and store your cryptocurrencies giving easy management over the user’s assets. 3. Since the private keys are managed by the wallet provider, users don't have to worry about storing or losing them. # Non-custodial 1. Decentralised Control: The wallet offers users complete control over their crypto assets and the private keys associated with these assets. Since it is a non-custodial wallet, users are the sole handlers of their wallet, promoting true ownership and control. 2. Versatile Asset Management: It supports easy management of a broad range of tokens and NFTs (Non-Fungible Tokens). Users can even import their existing wallets for consolidated management of their digital assets. 3. Enhanced Security: The wallet's security is bolstered by encrypting private keys within the user's device, along with a passcode, biometrics, and two-factor authentication. This multi-layered security approach ensures that the wallet and its contents are safe and secure. 4. Integration with the Renegade App: The wallet is seamlessly integrated with the Renegade app, enabling users to easily access a diverse range of crypto financial services offered by Renegade. 5. DFNS Technology: Powering this offering is DFNS technology, a cutting-edge solution for digital assets security. This technology enhances the robustness of the non-custodial wallet, further fortifying its security and reliability. # Renegade Lend Renegade is excited to introduce Renegade Lend, a transformative micro-loan feature within the Renegade app, made possible through a strategic partnership with Orka Ventures. This dynamic collaboration will facilitate the provision of micro-loans directly through the Renegade app, creating a more inclusive and accessible financial ecosystem. Our users will be empowered with an immediate, straightforward solution to meet their short-term financial needs. # Renegade’s Business Model Renegade's income structure is based on the different parts of the platform we offer. Next are the main modules of the Renegade platform, followed by the business model itself # Renegade Exchange # Our Offering Renegade Exchange offers a smooth and efficient trading experience for users, featuring: 1\. Deep liquidity with competitive fees and potential discounts for users staking RNG. 2\. An extensive range of products encompassing spot trading, margin trading, derivatives, and beyond. 3\. An intuitive and user-friendly interface, accessible via both desktop and mobile. 4\. Engaging initiatives such as discounted token distributions and competitions based on trading activity. 5\. A robust, institutional-grade infrastructure ensuring high availability, resilience, and scalability. Launching initially with spot trading capabilities, the Renegade Exchange will continuously develop, introducing an array of additional services and promotions. This is designed to cater to a diverse audience - from individual traders to enterprise clients. Moreover, the Renegade Exchange will bolster RNG liquidity, by featuring RNG trading pairs and fostering RNG-related activities across the platform. This progression is a strategic step towards expanding our services, enriching user experiences, and enhancing the overall value proposition of the Renegade ecosystem. # User Experience # Spot Trading Renegade offers access to our unique aggregation of liquidity providers, including banks, internal ECN trading networks and other financial institutions, to provide the best and bespoke liquidity for both regulated and offshore brokers. Renegade Exchange enables trading pairs for cryptocurrencies with significant market capitalisation and volume, including BTC, ETH, LTC, USDT, and others, as well as RNG token - Renegade ecosystem’s native currency. Renegade Exchange implements a fee structure that takes into account both trade volume and RNG staked. In essence, larger trade volumes and/or greater quantities of staked RNG result in lower trading fees. Additionally, users can leverage RNG to pay their trading fees, resulting in further cost reductions. This design incentivises active participation in the Renegade ecosystem while promoting the use of our native RNG token. # Margin Trading Margin trading on Renegade Exchange allows you to borrow cryptocurrencies to trade on the spot market. Eligible customers can utilise the margin loan as leverage to establish a position greater than their account balance. # Derivatives Trading Perpetuals are the first derivatives product available on Renegade Exchange. Perpetuals allow traders to purchase and sell the value of their 'assets' without ever trading the underlying asset itself, allowing them to better control risk. Perpetuals do not expire or have a settlement date, and users can keep their holdings indefinitely. # Staking Benefits Renegade Exchange offers its users two beneficial staking options. # Fixed Stake-and-Earn Users have the opportunity to stake RNG and the other available cryptocurrencies for varying lock-up periods, ranging from 1 month to a full 24 months, all directly on the exchange. In return, they can earn an attractive interest rate of up to 10% annually (APY). # Flexible Staking For users seeking more flexibility, Renegade offers a staking service that allows them to stake RNG and their other cryptocurrencies for any desired period. They can unstake their assets at any point. However, due to this flexibility, the interest rewards are comparatively lower, with a potential to earn up to 4%. It's noteworthy that these rewards can vary based on the specific cryptocurrency and the amount of RNG staked by the individual user on the platform, which could qualify them for higher rates. # Other Features & Promotions Renegade Exchange will continuously expand its product offerings for retail & institutional users. # Revenue streams # Transaction fees Renegade will collect a small fraction of the value of every transaction made with the credit debit card. This fee will be paid by the card issuer to Renegade. # Exchange fees Renegade will collect a small fraction of the value of the exchange transaction as a fee for using the exchange. However, this fee will only apply to who have exceeded their monthly free-of-charge exchange threshold. # Renegade Lend All Renegade customers have the option of earning interest on their capital by providing it to other users as a loan. All interest rates will be determined automatically. The rate will depend on the time and amount of the loan. Renegade will collect a small fraction of the interest earned. # Future revenue streams As Renegade charts its future trajectory, there's a clear opportunity to augment its revenue channels. Beyond its existing offerings, the firm is contemplating the integration of select investment and insurance tools. Once rolled out, these additions could usher in new revenue sources, reinforcing Renegade's market position and broadening its service spectrum for clients. # Visa Card The Renegade Visa card offering aims to eliminate the current problems users face when trying to purchase and spend cryptocurrencies. At current the conventional methods are failing to create this offering for billions of users around the world. We have identified the main challenges, and these are: 1. **Limited Acceptance:** Many businesses do not accept cryptocurrencies as a mode of payment, limiting the places where users can spend their cryptocurrencies. 2. **Conversion Issues:** Converting cryptocurrencies into a spendable form (such as fiat currency) can be complex and time-consuming. 3. **High Fees:** Some debit cards charge high fees for various transactions, including foreign transactions or ATM withdrawals. 4. **Lack of Flexibility:** Most debit cards do not offer the option to spend in multiple currencies without incurring additional costs. 5. **Limited Perks:** Unlike credit cards, many debit cards do not offer rewards, cash back, or other perks for spending. The Renegade Visa card addresses these pain points by offering its users many more benefits with its use. These are: 1. **Universally Accepted:** Conduct transactions without annual fees at over 80 million Visa merchant locations globally. 2. **Instant Processing:** There's no need to endure long processing times. The Renegade Visa card provides instant top-up and payment completion, reducing waiting times significantly. 3. **Minimal Fees:** With the Renegade Visa card, users won't be subject to significant foreign exchange fees or markups. You can spend overseas at interbank exchange rates, saving on costs that would typically be incurred with standard cards. 4. **Value-Added Perks:** The Renegade Visa card doesn't just solve pain points; it provides additional benefits. Cardholders can enjoy amazing perks associated with the card, enhancing the overall user experience. The Renegade app provides an intuitive interface for managing your Visa card. Upon account creation in the app, users immediately receive a virtual card and can apply for a physical one. This platform also enables users to track card activities, oversee spending habits, and access eligible rewards and benefits, among other functionalities. A next-generation debit card that allows you to make transactions anywhere using fiat, Bitcoin or many other cryptocurrencies. Transactions are instant, with no time or energy lost manually converting cryptocurrency into fiat money on typical crypto exchanges. # The Renegade Reward System Renegade is revolutionising the rewards landscape by launching a unique system that allows users to design their reward card. By choosing their preferred 'squad' (a monthly subscription model), earning points via RNG staking or completing squad missions, users can elevate their rewards. This system culminates in the creation of a fully personalised reward card, offering a tailored benefits experience like never before. # The Renegade Squad The Renegade platform provides users with four distinct squads to select from, each representing a different tier of monthly subscription. Each squad offers a unique set of benefits and 3% percentage of rewards (paid in RNG), a feature where users receive a certain percentage back on their expenditures made with the Renegade Visa cards. The squads also come with varying monthly reward spending limits. Here's a brief overview: 1. **Explorer Squad:** €0.0 per month * Offers 1 benefit * 3% rewards in RNG. * Has a €300 monthly reward spending limit. 2. **Pioneer Squad:** €9.99 per month - €4.99 when paid in RNG * Offers 2 benefits. * 3% rewards in RNG. * Has a €2,500 monthly reward spending limit. 3. **Voyager Squad:** €19.99 per month - €14.99 when paid in RNG * Offers 3 benefits. * 3% rewards in RNG. * Has a €25,000 monthly reward spending limit. 4. **Vanguard Squad:** €29.99 per month - €24.99 when paid in RNG * Offers 5 benefits. * 3% rewards in RNG. * Has a €35,000 monthly reward spending limit. # Renegade Squad Points (RSP) In essence, Renegade Squad Points serve as a form of currency within the Renegade ecosystem, allowing users to earn rewards and customise their financial experience using RSP points. Once users have earned Renegade Squad Points, they can use these points to redeem Reward Boosters. These boosters offer increased rewards/benefits to a user’s squad. Users can earn Renegade Squad Points (RSP) in two primary ways: 1. **Staking RNG:** Users can stake their Renegade tokens (RNG) to earn Squad Points. The longer they stake, the more points they earn. This is a simple and rewarding way to collect Renegade Squad Points. 2. **Completing Squad Missions:** Users can also earn Squad Points by completing various Squad Missions. These missions can include activities like inviting friends, sharing Renegade's story on social media, trading cryptos, and more. Each completed action earns the user points. # How To Earn Squad Points
Once users have earned squad points, they can then be used to redeem more benefits, higher reward % and increase monthly reward cap. # Staking RNG
# How To Use Renegade Squad Points # Reward %

Important Note: As users increase their reward percentage they are required to get more RSP to continue to move up to the next tier. For example: If a user wishes to go from 3% to 5% or from 5% to 6%, they will each need 12,000 RSP. This amount of RSP will allow the user to reach the next tier of reward percentage shown in the table above. Please note the amount of RSP needed to move up a tier can differ depending on the tier requirements.

# Reward Cap
# The Renegade Benefits Renegade offers a unique benefits system that allows users to earn rewards while using their favourite services. Here's how it works: 1. **Choose Your Benefits:** Renegade is offering benefits for over 100 companies across various sectors, including entertainment (Netflix), retail (Amazon, Lidl), music (Spotify), and transportation (Deutsche Bahn). Users can choose which of these companies they want to earn benefits from. 2. **Earn Rewards:** For each benefit chosen, users receive a €10 reward in Renegade Tokens (RNG). This means that if a user chooses Netflix as a benefit, they would receive €10 in RNG when the subscription or payment is taken from their IBAN account. 3. **Flexibility:** Users have the freedom to change their benefits each month to match their lifestyle. This means that if a user chooses Netflix one month, they could switch to Amazon or Spotify the next month. This flexibility allows users to maximise their rewards based on their current needs and preferences. 4. **Stack Your Benefits:** If a user particularly enjoys one service, they have the option to stack all their benefits on that single service. For example, if a user is a big fan of Amazon, they could choose to allocate all their benefits to Amazon, maximising their rewards for that specific service. In essence, the Renegade benefits system is designed to reward users for using the services they love, offering flexibility and customisation to suit each user's unique lifestyle. **Important notice:**\ In the Renegade rewards system, the chosen benefits by a user become locked in for a period of one month. This means that once selected, the benefits remain unchanged until the completion of that month. If a user decides not to update their benefits for the upcoming month, their previous month's benefits continue to apply. To illustrate, suppose a user does not update their benefits for three consecutive months and then decides to make a change. From the day the changes are implemented, the new benefits will be locked in, and no further alterations can be made for a full month, thus allowing the user to change their benefits only one time per month. This system provides flexibility while also ensuring consistency in the user's rewards scheme. # The Founders Editon The Founders Edition Card/NFT holders have been instrumental in the building of the Renegade project. Their unwavering support from the very beginning has been a cornerstone of Renegade's growth and success. As a token of appreciation for their invaluable contribution, Renegade offers the Founders Edition Cards/NFTs with a lifetime of the promised rewards and benefits. # Founders Cards The Founders Edition card offers an impressive 8% uncapped rewards (paid in RNG), allowing cardholders to maximise their returns on spending. It also provides eight benefits and access to airport lounges (plus one person), enhancing the cardholders' lifestyle and travel experiences. Cardholders can also choose their favourite benefits that can be changed on a monthly basis. # Founders NFTs Renegade is excited to announce for its community of enthusiasts the introduction of the exclusive Black Card and Carbon Card as Non-Fungible Tokens (NFTs). This move not only expands the Renegade offering beyond the basic Renegade debit card but also brings the exciting world of NFTs to its users. To purchase one of these unique NFT cards, you pay the amount upfront in USDC and receive an equivalent amount in RNG tokens! This offer applies to the first person who stakes the NFT. To enjoy the full range of perks that come with your NFT card, you'll need to stake it for a period of 2 years. During this staking period, you'll have access to all the exclusive benefits that the card offers. After the initial 2-year period, you have the flexibility to either restake the NFT for another 2 years or explore the vibrant Opensea market to potentially resell it to other enthusiasts. With this innovative step, Renegade is truly embracing the future of NFTs, offering its users a unique opportunity to experience the convergence of finance and digital assets.
**Carbon NFT** The Renegade Carbon NFT will come with the following rewards: * 666,666 RNG Tokens * 5% Rewards in RNG * 6 Benefits * Airport Lounge access (plus one additional person) **Black Card** The Renegade Black NFT will come with the following rewards: * 333,333 RNG Tokens * 3% Rewards in RNG * 4 Benefits * Airport Lounge access (for the owner only) **Important note:** The USDC to purchase the NFTs can currently only be purchased using the Ethereum ERC-20 chain. # The Renegade Tokenomics The Renegade token is the native token for the Renegade ecosystem. The coin will come with multiple utilities within the Renegade application. # Tokenomics # Token Information | Total Supply | 10.000.000.000 | | -------------- | -------------- | | Ticker | RNG | | Type | Utility-Token | | Token Standard | ERC-20 | \*Please note the above figures are final and CANNOT be changed. # Token Distribution by 15. August 2023 |


| Percentage of Supply | Total RNG | Token Granted | Vesting Schedule | | ----------------------------- | :----------------------------------------------------------------: | :-----------------------------------------------------: | :---------------------------------------------------------: | :------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------: | | **Treasury** | 38,41% | 3.841.000.000 | 0 | Monthly unlocks for 50 month | | **Team** | 15,00% | 1.500.000.000 | 209.999.997 | All tokens shall vest on a pro rata (5% unvested every month for the first 12 month. 10% unvested for the last 4 month) basis monthly over a 16 month period. Cliff Period of 12 month | | **Advisors** | 5,00% | 500.000.000 | 0 | All tokens shall vest on a pro rata (5% unvested every month for the first 12 month. 10% unvested for the last 4 month) basis monthly over a 16 month period. | | **Rewards for Card payments** | 10,00% | 1.000.000.000 | 0 | Unlocked at crypto integration | | **Liquidity** | 15,00% | 1.500.000.000 | 0 | Monthly unlocks for 20 months | | **Pre-sale Rounds** | 16,59% | 1.659.000.000 | 1.204.543.354.7 | 6 Months vesting with linearly monthly unlocks | | **Total** | 100% | 10.000.000.000 | 1.414.543.351.7 | | **\*The token distribution of the Renegade token is subject to change over time.** **Treasury:** Renegade's treasury allocation ensures our project remains financially resilient and adaptable. This reserve allows us to fund new developments, strike strategic partnerships, continuously provide rewards when required, and meet unexpected needs, ensuring that Renegade continues to deliver. **Team:** The Team's allocation recognizes the passion, dedication, and countless hours our core members invest in bringing Renegade's vision to life. By vesting these tokens, we're not only rewarding their efforts but also reinforcing a long-term commitment to the project's success. **Advisors:** Our advisors are more than just consultants, they are an integral part of our growth and strategic direction. Allocating tokens to them isn't just compensation; it's a testament to their ongoing value, ensuring their insights and expertise remain interwoven with Renegade's journey. **Rewards for Card Payments:** This allocation is for our in-app rewards programme. The tokens will be given when the rewards are granted. **Liquidity:** To facilitate seamless trading of the Renegade token, we have dedicated a substantial liquidity allocation to exchanges. This commitment not only ensures our users can execute trades efficiently on external platforms but also guarantees uninterrupted in-app transactions and availability of the RNG token. **Pre-sale Rounds:** The Renegade pre-sale rounds have presented and will continue to offer a unique and timely opportunity for discerning investors to get on board at a favourable rate until they are all closed. By investing during these stages, participants not only benefit from preferential pricing but also become foundational supporters of the Renegade project. # Token Utility The Renegade Token (RNG) serves as the fuel for the Renegade ecosystem, offering several utilities: 1. **Staking for Squad Points:** Users can stake RNG to earn Renegade Squad Points. The longer they stake, the more points they earn. These points can be used to redeem Reward Boosters. 2. **Fixed and Flexible staking:** The Renegade platform will offer its users APY staking. The rewards will be paid in RNG. This staking is also separate to the rewards staking. 3. **Trading & Exchange discounts:** Users who stake RNG will receive discounts for exchange services. The longer you stake the better the discount. If a user unstakes the discounts are also lost. 4. **Rewards for Benefits:** Each benefit chosen by the user is a €10 reward in RNG. This means that users can earn RNG by choosing benefits from their favourite companies. 5. **Spending Rewards:** All the Renegade cards offer a percentage return on the user’s spending. This is then paid out in RNG, allowing users to earn when they spend. 6. **Powering the App:** The RNG token powers the Renegade app, enabling users to enjoy the full range of features and services offered by Renegade. 7. **Payment:** Users can use RNG as a form of payment within the eco system. For example: If a user decides to pay their monthly squad subscription in RNG, they will receive a discount. In essence, the RNG token is a crucial component of the Renegade platform, enabling users to earn rewards, access benefits and fully utilise the Renegade app. # Company Background MYRENEGADE, UNIPESSOAL LDA was founded in June 2022 with its headquarters in Portugal at Avenida Engenheiro Duarte Pacheco, N.º 19, R/c, S4, 1070 - 100 Lisboa. Registration No: 517780801. As the legal form of the company, we chose a UNIPESSOAL LDA. These were the main considerations we had: * Portugal is a globally recognised financial hub. * The Financial Market Authority of Portugal is, in our view, open to the development of start-ups in the FinTech industry. * Europe is a market with huge growth potential * Portugal is globally connected and recognised, which would greatly assist in business development and expansion to Europe and the rest of the world. # Status Quo Renegade As of August 2023. The Renegade team consists of talented developers, designers, bankers, lawyers, marketing experts as well as visionary masterminds. Renegade's team has successfully completed the design phase of the app, marking a pivotal moment in our journey. With the MVP wrapped up in February, we are now in the advanced stages of development. The continued progress promises that the inaugural version of the app, set to redefine 21st-century banking, is on the horizon and close to launch. An EMI license and a Visa card issuing capacity has been obtained through our strategical partner Intergiro with its headquarters in Sweden. The Renegade MVP was launched (in a closed beta) in February 2023. The first version of the application (V1) is now available for download in the Apple App Store and the Google Play Store. # Links