RENENUE ENGINES

REVENUE ENGINES

The MotherLODE: There are two main revenue engines in the LODE Financial Model that provide the go-to-market strategy for the ecosystem:

BULLION ENGINE that processes and ledgers transactions in AGX and AUX and charges a markup on the spot price.

PAYMENTS PLATFORM includes eMoney Services along with merchant networks and retail/end-user networks which contain a mix of fee-based and transactional revenue.

INFLOWS FROM THE BULLION ENGINE

Estimated Year Current Current Current 2021 2021 2021 2021 2022

Overall Total AGX Sales Monthly Subscriptions Silver Cards Futures contracts - buying AG at/under spot Buying silver directly from miners/ smelters Staining Fees Bleaching Fees Demurrage

Fiat or Crypto Both Both Both Fiat Fiat Crypto Crypto Crypto

Importance to the vision of silver money High Medium Medium High High Low Low Low

Importance to Revenue High High Low High High Medium Low Medium

Overall Importance High High Low High High MediumLow Low Mediumlow

INFLOWS FROM THE PAYMENT PLATFORM

Estimated Year 2020 2020 2020 2021 2021 2021 2021 2021 2022 2022 2022 2022

Overall Total Transaction Fees (P2P) Debit Card Loading Debit Card Spending Interchange Fees AGX Powered Marketplaces

Fiat or Crypto Crypto Both Both Fiat Crypto/ Both LODEPAY Marketplace fees Partner Rev Share and affiliate

program % of Merchant Sales Corporate Trade White label Wallet White label AGX Markets Relay Fees (Baton)

Crypto/ Both Unknown Crypto/ Both Both Crypto Crypto/ Both Crypto

Importance to the vision of silver money High MediumHigh MediumHigh Low High Medium Mediumlow Mediumlow Low Medium Medium Low

Importance to Revenue High Low Low Low Low Low Low Low Low Low Low Medium

Overall Importance High Medium MediumLow Low Medium MediumLow Low Low Low MediumLow MediumLow MediumLow

BULLION ENGINE inputs include: • AGX/AUX Sales • Monthly Subscriptions • Transaction Fees (P2P) • Demurrage • Futures contracts - buying AG at/under spot • Buying silver directly from miners/ smelters • Partner Rev Share and affiliate program

• Silver Cards (Giftcards) • Premium Account fees for Hyperledger • Relay Fees (Baton) % micropayment reinvestments • Staining Fees • Bleaching Fees PAYMENT PLATFORM inputs include: • Fees for the premium version of the app • In-app Purchases fees • In-app Advertising fees • Processing fees • Payment Rail Usage fees • Other security tokens traded for AGX • Regulated exchange revenues • % of Merchant Sales • Transaction processing fees • AGX Powered Marketplaces • LODEPay Marketplace fees • White label AGX Markets

Specifically for the Payment Platform aspect, LODE has based its financial

model on a transaction model basis using metrics from the payment platform industry and companies such as VISA, MasterCard, and American Express.