means an indicator characterizing the total value of all Digital Assets[i] in the Bitbon System[i], which is calculated based on the value of Assets[i] that have undergone the Asset Digitization Procedure[i].
Digital Asset means an instrument derived from Divaunit, represented in the Bitbon System in the form of Bon, Projectbon.
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.
Asset means property and/or (property, non-property) rights of a natural person and/or business entity, which represent tangible assets, including Digital Assets (Bitbon, Bon), crypto currency, money and various kinds of works, services.
Asset Digitization Procedure means a process in which the Bitbon System User creates a Bon or Projectbon Digital Asset from the Asset.