means an integral component of the Bitbon System[i] that belongs to the Bitbon System Participants[i]. The purpose of the Bitbon System Capitalization Fund is to provide a mechanism that allows the Bitbon System Participants to develop the Bitbon System through automatic Contributing[i] of the Fund in the interests of all Bitbon System Users[i] by increasing the volume of the overall Bitbon System Capitalization[i].
Bitbon System means an integral blockchain-based decentralized platform, which allows its Users to fully own their Assets, i.e. to record their property right to Assets in the form of their unique digital copies in the Bitbon System Blockchain by completing the Asset Digitization Procedure in order to implement safe and adequate exchange of the given Assets between the Bitbon System Users without intermediaries and money. The Bitbon System Participants are also given an opportunity to participate in Contributing under the terms and conditions of Projectbon Protocols of various business projects. The key component of the Bitbon System is Bitbon.
Bitbon System Participant means a Bitbon System User that uses Bitbons to conduct his/her activity in the Bitbon System.
Contributing means a type of activity of a Bitbon System Participant aimed at receiving additional benefit from participation in the implementation of the selected business project under the terms and conditions of the Projectbon Protocol of this business project.
Bitbon System User means a natural person or a business entity that directly performed an action, which caused an event within the Bitbon System.
Bitbon System Capitalization means an indicator characterizing the total value of all Digital Assets in the Bitbon System, which is calculated based on the value of Assets that have undergone the Asset Digitization Procedure.