Letter From The Founder

} 18. Sep 2019 milankozlevcar

Introduction

PiplShare Blockchain Corporation is not a conventional company. We do not intend to become one. PiplShare’ is a privately held (tokenized) company, hence we are managing PiplShare differently than conventional company. Within our unique freelancing environment, we are emphasising an atmosphere of creativity and challenge, which helps us provide unbiased tools to transparently reveal real user profiles, enable 100% safety and protection of payments and provide mechanisms for sustainable (passive) incomes to users around the world.

Now the time has come for our tokenized company to widely open to public ownership. This change will bring important benefits for our employees, for our present and future shareholders, for our customers, and most of all for PiplShare users.

Therefore, we have implemented a corporate structure that is designed to protect PiplShare’s ability to innovate and retain its most distinctive characteristics. We are confident that, in the long run, this will benefit PiplShare and its shareholders, old and new. We want to clearly explain our plans and the reasoning and values behind them. We are delighted you are considering an investment in PiplShare and are reading this letter.

I intend to write you a letter like this one every year in our annual report. I am asking that you read this letter in conjunction with the rest of this prospectus.

Serving End Users

I founded PiplShare in a conjunction with GROSSUS – Blockchain Solutions company and the main reason was because I believed we could provide an important service to the freelancing world— transparently displaying real user profiles (KYC), 100% security and protection of payments/delivered services, protection of freelancer’s intellectual property, sustainable (passive) incomes from previous activities, secure investments in prosperous human resources. Serving our end users is at the heart of what we do and remains our number one priority.

Long Term Focus

We will make business decisions by considering the long-term welfare of our company and our shareholders in mind and not based on accounting considerations.

Although we can discuss long term trends in our business, we do not intend to provide earnings guidance in the traditional sense. We are not able to predict our business within a narrow range for each quarter. We are aware that it is our duty to advance our shareholders’ interests, and we believe that artificially creating short term target numbers serves our shareholders poorly.

Risk versus Reward in the Long Run

Our business environment changes rapidly and needs long term investment. We will not hesitate to place major bets on promising new opportunities.

We encourage our employees, in addition to their regular projects, to spend 50% of their time working on what they think will most benefit PiplShare. This empowers them to be more creative and innovative.

Corporate Structure

We are creating a corporate structure that is designed for stability over long time horizons. By investing in PiplShare, you are placing an unusual long term bet on the team, especially to me & GROSSUS Team, and on our innovative approach.

We want PiplShare to become an important and significant institution. That takes time, stability and independence. We bridge the conventional employment with freelancing, both of which have experienced considerable consolidation and attempted hostile takeovers.

We believe we have a world-class management team impassioned by PiplShare’s mission and responsible for PiplShare’s success. We believe that stability afforded by the dual-class structure will enable us to retain our unique culture and continue to attract and retain talented people who are PiplShare’s lifeblood. Our colleagues will be able to trust companies that are focused on stability and the long term relationships and who care about their employees and their hard work and creativity.

As an investor, you are placing a potentially risky long-term bet on the team. I and the management team are aware that our individual and collective interests are deeply aligned with those of the new investors who choose to support PiplShare.

ACS (Available Circulating Supply) Pricing And Allocation

It is important for us to have a fair process for our ACS Offering, which includes both small and large investors. It is also crucial that we achieve a good result for PiplShare Blockchain Corporation and its current shareholders. This led us to pursue an ACS Offering for part of the entire supply. Our goal is to have a token price that reflects an efficient market valuation of PiplCoin, which moves rationally based on the project volume in our business.

We are working to create a sufficient supply of tokens to meet investor demand at ACS Offering time and after. We are encouraging current shareholders to consider selling some of their PIPL tokens on the open market as part of the offering. These tokens will supplement the tokens the company’s Available Circulating Supply to provide more supply for investors and hopefully provide a more stable price. I, among others, am currently planning to sell a fraction of privately held tokens in the ACS Offering process. The more tokens current shareholders sell, the more likely it is that they believe the price is not unfairly low. The supply of tokens available will likely have an effect on the clearing price of the auction. Since the number of tokens being sold is likely to be larger at a high price and smaller at a lower price, investors will likely want to consider the scope of current shareholder participation in the ACS Offering. We may communicate from time to time that we are sellers rather than buyers at certain prices.

We would like you to invest for the long term, and you should not expect to sell PiplCoin tokens for a profit shortly after PiplShare’s ACS Offering. We encourage investors not to invest in PiplCoin at ACS Offering or for some time after if they believe the price is not sustainable over the long term. Even in the long term, the trading price of PiplCoin token on the global market may decline, On GetOn platform the price of PiplCoin will constantly and strictly increase according to business expansion and rise of project volume. One of the important factors is also the fact, that PiplCoin is a deflationary currency, and the burning process of Circulating Supply will cause the value of PiplCoin tokens to increase over time even without fresh money constantly flowing into the market.

We intend to take steps to help ensure token holders are well informed. We encourage you to read this prospectus, especially the Risk Factors section. We think that short term speculation without paying attention to price is likely to lose you money, especially with our auction structure. In particular, we caution you that investing in PiplShare Blockchain Corporation through our auction could be followed by a significant decline in the value of your investment after the ACS Offering.

ShareWorkers

Our employees, who named themselves ShareWorkers, are everything. PiplShare Blockchain Corporation is organized around the ability to attract and leverage the talent of exceptional technologists and business people. We have been lucky to recruit many creative, principled and hard-working stars. We hope to recruit many more in the future. We will reward and treat them well.

Summary And Conclusion

PiplShare Blockchain Corporation is not a conventional company. I intend to operate PiplShare Blockchain Corporation together with GROSSUS Team differently, applying the values it has developed as a privately held (tokenized) company to its future as a public (tokenized) company. Our mission and business description are available in the rest of this prospectus; we encourage you to carefully read this information. We will optimize for the long term rather than trying to produce smooth earnings for each quarter. We will support selected high-risk, high-reward projects and manage our portfolio of projects.

We will continue to strive to attract creative, committed new employees, and we will welcome support from new shareholders.

In this letter we have talked about our ACS auction method and our desire for stability and access for all investors. We have discussed our goal to have investors who invest for the long term. Finally, we have discussed our desire to create an ideal working environment that will ultimately drive the success of PiplShare Blockchain Corporation by retaining and attracting talented ShareWorkers.

Ljubljana, September 9th, 2019

Milan Kozlevcar

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