SCANDIC COIN (SNC) – Whitepaper

Executive Summary

SCANDIC COIN (SNC) is a utility token of the SCANDIC GROUP, designed as the connecting element of an extensive, regulated ecosystem of digital and real-economy services. The token primarily serves as an access and means of payment within the group’s various business areas—ranging from cloud services and fintech and media to real estate and exclusive mobility services. SCANDIC COIN is backed by established companies with over 30 years of market experience that operate a scalable and trustworthy network.

This whitepaper comprehensively sets out the technical, legal, and economic framework conditions of SCANDIC COIN. It explains the corporate structure and corporate governance of the issuer, the tokenomics (e.g., total supply, allocation, liquidity pool, vesting), concrete use cases of the token within the SCANDIC ecosystem, the technical infrastructure (blockchain platform, smart contracts, data centers), and a market analysis of the relevant industries. Particular emphasis is placed on regulatory aspects: the EU crypto regulation MiCA and its application to SCANDIC COIN, the VARA regime in Dubai and its non-applicability, as well as the state of crypto regulation in Ukraine.

In addition, the compliance and data protection measures are explained in detail—including KYC/AML processes, implementation of the GDPR, and internal guidelines—as well as the company’s ethical guidelines on AI ethics, human rights, supply chain, and sustainability. A dedicated chapter deals with investor protection, in particular transparency about total-loss risks and addiction prevention in investments in digital assets. Finally, the whitepaper contains a roadmap through 2027, which outlines the planned milestones of the SCANDIC COIN initiative, as well as an appendix with a glossary and imprint.

Through this comprehensive presentation—in technical-legal language and clearly structured chapters—investors are to be offered the highest level of transparency. SCANDIC COIN presents itself as a sustainable, compliant, and forward-looking utility token that is geared toward long-term value creation rather than short-term speculation. This document meets the requirements of a crypto-asset whitepaper pursuant to MiCA and underscores the SCANDIC GROUP’s commitment to adhere to the highest standards in regulation and governance.

Corporate Structure & Governance

The SCANDIC COIN initiative is supported by the SCANDIC GROUP, an internationally structured corporate group with a clearly defined holding and operational setup. The responsible issuer of the token and operator of the platform is SCANDIC TRUST GROUP LLC, based in Kyiv, Ukraine. SCANDIC TRUST GROUP LLC acts as the main operating entity providing all services related to SCANDIC COIN. The rights to the brand and technology are held by SCANDIC ASSETS FZCO in Dubai (UAE), which serves as the holding company and owner of the trademarks. In Germany, LEGIER Beteiligungs mbH (Berlin) acts as a cooperation partner. SCANDIC ASSETS FZCO and LEGIER Beteiligungs mbH themselves function solely as non-operational service providers and do not carry out operational activities.

Organizational Structure

This structure ensures a clear separation between strategic management (SCANDIC ASSETS FZCO as holding company), operational implementation (SCANDIC TRUST GROUP LLC as service provider), and regional presence (LEGIER mbH within the EU). For investors and regulatory authorities, this separation is crucial, as it clearly assigns responsibilities and isolates risks (e.g., differing regulatory requirements in various jurisdictions).

The following organizational chart illustrates the group structure and the roles of the individual entities (Holding, Operating Company, Partner):
Organigram of the SCANDIC GROUP – representation of the holding and partner structure.

Corporate Governance

The SCANDIC GROUP is committed to high standards of corporate governance and has established binding governance principles across the group. The central guidelines include:

• Transparency & Disclosure: All essential information about the company, its ownership structure, and responsibilities is communicated openly (e.g., publication of ownership structures, regular reports).
• Compliance Management: Internal guidelines and control systems ensure full compliance with all legal requirements. A comprehensive compliance management system exists, which is described in detail in the “Compliance & Data Protection” chapter.
• Stakeholder Involvement: Important decisions are made with the participation of stakeholders (customers, investors, employees, partners). The group maintains an active dialogue with all stakeholders to take their interests into account.
• Risk Management: Potential financial, operational, and legal risks are systematically identified and assessed. Internal control mechanisms (audits, contingency plans, etc.) are in place to proactively manage risks.

The corporate structure is complemented by a series of brands/business units that form the SCANDIC ecosystem. Each brand operates as an independent unit with a specific focus area, while the holding strategically orchestrates their activities. Below are the main brands (with their respective logos) and their core functions:

• Scandic Data: Operator of sustainable cloud and data center services essential for hosting the group’s proprietary platforms (including the SCANDIC COIN infrastructure).
• Scandic Trust: The group’s treasury platform responsible for managing the utility token (issuance administration, smart contracts) and handling the liquidity pool.
• Scandic Pay: The group’s payment and e-wallet solution enabling fast transactions in SCANDIC COIN and fiat currencies. SCANDIC COIN will be directly usable as a means of payment here.
• Scandic Estate: The division for real estate projects and investments (particularly hotels and commercial properties). SCANDIC COIN can serve as a digital investment and transaction medium (e.g., for tokenization of real estate shares or community investments).
• Scandic Fly: Provider of aviation and drone services, including private jet charters, air ambulance flights, and logistics. SCANDIC COIN is used as the booking and settlement currency for these exclusive mobility services.
• Scandic Yachts: Yacht-sharing and charter services providing exclusive onboard experiences and using SCANDIC COIN as the booking currency.
• Scandic Trade: Trading and marketplace platform for goods and services (e.g., precious metals, energy certificates, luxury goods).
• Scandic SEC: Security and corporate consulting services for both physical and digital protection.
• Scandic Health: Health, telemedicine, and lifestyle-management services.

Mammoth Symbol – The traditional brand symbol of the SCANDIC TRUST GROUP for the utility token “SCANDIC COIN,” representing strength and endurance.

The use of unified logos and the introduction of SCANDIC COIN as a connecting element demonstrate how broadly the SCANDIC GROUP’s business model is positioned – and how SCANDIC COIN integrates this diversity into a holistic ecosystem. The strict adherence to corporate governance principles and transparent disclosure of the group structure form the foundation of trust for investors: they know which company stands behind the token, how it is managed, and which values (transparency, compliance, sustainability) guide it.

Legal Framework (incl. MiCA, VARA, Ukraine)

EU Regulation (MiCA)

The Markets in Crypto-Assets Regulation (MiCA) — Regulation (EU) 2023/1114 of May 31, 2023 — establishes, for the first time, a harmonized EU-wide legal framework for crypto-assets. MiCA applies to all crypto-assets that do not already fall under existing financial market legislation (such as MiFID II), particularly utility tokens, asset-referenced tokens (ART), and e-money tokens (EMT). For utility tokens like SCANDIC COIN, MiCA requires that a crypto-asset whitepaper be prepared and published, containing specific mandatory information (e.g., issuer details, tokenomics, risks). Unlike a securities prospectus, a MiCA whitepaper does not require prior approval by a supervisory authority and offers greater flexibility in format — its main purpose is transparency toward the public. SCANDIC COIN fulfills these requirements with this whitepaper, which includes all relevant disclosures in accordance with Article 6 of MiCA.

An important feature of MiCA is its extraterritorial effect. In principle, providers from third countries (outside the EU) may also offer crypto services to EU customers — but only when these services are provided at the customer’s initiative (the so-called “reverse solicitation”). Article 61 MiCA clarifies that no license from an EU Member State is required if a service provider from abroad does not actively solicit EU customers but rather enters into relationships solely at the initiative of the customer. This reverse-solicitation exemption is significant for the SCANDIC GROUP, since its operational entity is based in Ukraine. SCANDIC COIN is not actively marketed to the general EU public but is primarily aimed at professional users and existing clients who express interest on their own initiative — hence, no EU crypto service provider license is required. Nevertheless, SCANDIC complies with MiCA’s transparency and information obligations and files this whitepaper with the relevant supervisory authority. MiCA foresees staggered implementation deadlines (for stablecoins from June 2024, for other crypto-assets from December 2024); SCANDIC has proactively taken the necessary steps to ensure full compliance once the regulation enters into force. While potential stricter rules for “significant” tokens (with large market reach) do not apply to SCANDIC COIN due to its limited volume, the company continuously monitors regulatory developments.

Other Regulatory Regimes

Beyond the EU, additional legal frameworks have been analyzed to ensure comprehensive regulatory coverage. Particularly relevant are the regulations of the United Arab Emirates (UAE) and Ukraine, where SCANDIC entities are located, as well as international standards such as the FATF recommendations on anti-money laundering. The U.S. Howey Test was also examined to confirm that SCANDIC COIN does not qualify as a security (SCANDIC COIN offers no profit participation and therefore does not constitute an “investment contract” under U.S. law). In the United Kingdom, utility tokens are classified as “unregulated tokens,” meaning no authorization requirement applies. Switzerland permits the issuance of “utility tokens” without a financial market license, provided they do not serve a payment function. These international assessments confirm that SCANDIC COIN is positioned globally as a pure utility token — not subject to securities or e-money regulations — ensuring freedom in cross-border distribution.

Dubai / UAE (VARA Regime)

In Dubai, the Virtual Assets Regulation Law (VAL), Law No. 4/2022, created an independent regulatory framework and established the Virtual Assets Regulatory Authority (VARA) as the supervisory authority. Since 2023, VARA has issued detailed rulebooks for crypto activities. VARA requires that all virtual-asset activities in Dubai (such as exchanges, custody, brokerage, advisory, etc.) be licensed or registered in advance. However, the VARA regime is territorially limited: it applies within the Emirate of Dubai (including free zones but excluding DIFC) and generally does not extend to foreign companies unless they conduct activities within Dubai. Unlike MiCA, VARA does not have extraterritorial effect; foreign providers must comply only if they operate physically in the Emirate.

For SCANDIC COIN, this means that although the holding company SCANDIC ASSETS FZCO is based in Dubai, it does not carry out any operational business there (all token-related activities are managed through the Ukrainian entity). Therefore, no licensing obligation arises under the VARA Law; SCANDIC GROUP primarily falls under the EU MiCA framework (as a reference) and Ukrainian regulations. VARA-specific obligations — such as strict advertising warnings — do not apply to SCANDIC in Dubai. Nevertheless, SCANDIC voluntarily aligns its marketing and compliance standards with best practices under both MiCA and VARA. For example, promotional materials avoid any guarantees of value appreciation and always include a risk warning about volatility and total loss. This ensures SCANDIC voluntarily meets the highest standards of both regimes, even though only MiCA formally applies.

Ukraine

Ukraine adopted the Law “On Virtual Assets” (No. 2074-IX) in 2021/2022 to establish a legal framework for the circulation of crypto-assets. However, this law has not yet entered into force because the necessary amendments to tax legislation have not been implemented. Specifically, Law No. 2074-IX will take effect only when a separate tax law governing crypto-asset taxation is enacted — and such a law has not yet been adopted. In practice, this means that there is currently no active licensing requirement in Ukraine for the issuance or trading of virtual assets.

Accordingly, SCANDIC TRUST GROUP LLC does not currently require any national authorization to issue SCANDIC COIN. The planned issuance of a pure utility token within a closed ecosystem — without its own trading platform and without value or profit promises — would also not require a license under any foreseeable Ukrainian regulatory regime, as long as the token merely grants access to services.

Nonetheless, SCANDIC actively monitors regulatory developments. Ukraine has largely aligned its crypto framework with MiCA. SCANDIC GROUP has implemented appropriate monitoring processes and will obtain any future licenses or take additional compliance measures once further national provisions enter into force.

Legal Summary

From today’s perspective, there are no material legal obstacles to the issuance of SCANDIC COIN. A comprehensive legal review concluded:

• (1) SCANDIC COIN is classified as a utility token and is therefore neither a security nor e-money. No prospectus obligation exists; the MiCA whitepaper requirement is fulfilled by this document.
• (2) No VARA license is required, as no operational activities are conducted in Dubai.
• (3) The current Ukrainian legal framework requires no authorization; future amendments will be anticipated and observed.
• (4) Internationally, no regulatory-arbitrage risks exist, as SCANDIC COIN would also not be subject to regulation under the standards of the SEC (U.S.) or FCA (U.K.), being a utility token without yield promises.

The SCANDIC GROUP also emphasizes that it voluntarily complies with the highest compliance standards, even though SCANDIC COIN remains unregulated in some jurisdictions. This comprehensive whitepaper was produced despite the fact that SCANDIC COIN, as a “limited network token” under EU law, would be exempt from the MiCA obligation — solely to ensure maximum transparency. Likewise, its marketing strategy is handled conservatively (no exaggerated promises, documentation of customer contact to prove customer initiative under the reverse-solicitation principle). SCANDIC GROUP thereby proactively demonstrates responsible conduct in the pre-MiCA regulatory gray area and embodies the compliance culture of a regulated financial institution.

Comparison of regulatory regimes – Overview of the requirements under EU MiCA, VARA (Dubai), and Ukrainian law.

Tokenomics

This section describes the technical and economic characteristics of SCANDIC COIN (SNC), including total supply, allocation, issuance, liquidity management, vesting rules, and use of sale proceeds. The goal is to present the value structure and incentive mechanisms with full transparency.

Total Supply and Allocation

SCANDIC COIN is designed as a fungible ERC-20-compatible utility token (or a comparable standard on the chosen blockchain). The maximum token supply is 1 billion SCANDIC COIN (fictional example for planning purposes). A fixed cap is intended to signal scarcity and avoid inflationary dilution. The tokens are generated once (Token Generation Event, TGE) and then allocated as follows (illustrative split, Figure 3):

• Private & Public Sale (~50%): Around half of the total supply is reserved for early supporters, strategic partners, and public offerings (e.g., Seed Sale, Public ICO/IEO). These tokens serve capital raising to finance the project and are issued in several phases (see pricing below).
• Ecosystem & Community (~20%): Around one fifth flows into an ecosystem fund for future developments, partner incentives, bug bounties, community rewards, and staking rewards. This ensures that sufficient tokens are available for network development and user retention.
• Team & Advisors (~15%): About 15% is earmarked for the founding team, employee participation programs (ESOP), and advisors. These tokens are subject to strict vesting conditions (see below) to set long-term incentives and prevent sudden sell-offs.
• Reserve & Liquidity (~15%): The remaining approx. 15% is retained as reserve and/or allocated to liquidity management. This includes the initial liquidity pool for trading venues as well as, if applicable, treasury reserves to respond to unforeseen market conditions.

Token distribution (SCANDIC COIN) – diagram illustrating the percentage split across the categories mentioned above.

Liquidity Pool and Market Liquidity

To ensure stable trading of SCANDIC COIN and avoid excessive price fluctuations during the initial phase, the SCANDIC GROUP provides an initial liquidity pool of €250,000. This capital is contributed in the form of stablecoins (euro-pegged tokens) and, together with an equivalent amount of SCANDIC COIN tokens, is deposited into an automated market maker (AMM) pool (e.g., on Uniswap). The pool’s smart contract is open source, and the pool addresses as well as transactions are publicly viewable, which meets MiCA’s transparency requirements. Core properties of the liquidity pool are:

• Capitalization: €250,000 in stablecoins plus a corresponding amount of SCANDIC COIN (e.g., 5 million SCANDIC COIN at an initial pool price of €0.05; illustrative).
• Purpose: Ensuring sufficient liquidity in the secondary market, reducing spreads and slippage for traders, and building trust in price formation.
• Lock-up: Liquidity provide

  Use Cases

  SCANDIC COIN unfolds its value through concrete applications (use cases) within the diverse SCANDIC ecosystem. As a utility token, SCANDIC COIN is designed to serve as a common transaction medium and access authorization across various platforms and services of the group. The following are the main use cases that demonstrate how SCANDIC COIN can be applied in practice and the benefits it offers to token holders and the company:

  • Payment for Cloud and IT Services (Scandic Data): Clients of SCANDIC Data’s data centers can use SCANDIC COIN to pay for cloud services, server capacity, or storage. A possible benefit: payments made in SCANDIC COIN may be rewarded with discounts or prioritization (e.g., preferred support) to incentivize token usage. As the data centers are based on Green IT, SCANDIC COIN enables users to directly support sustainable digitalization.
  • Transactions in Payment Services (Scandic Pay): Through the SCANDIC Pay e-wallet, companies and end-users can settle payments in SCANDIC COIN. The token acts as a fast bridge currency for real-time transactions without the friction of traditional banking routes. One example is the transfer of micropayments for digital content: SCANDIC COIN can minimize transaction fees, making new business models (pay-per-use, paywall micropayments) economically feasible.
  • Financing & Investments (Scandic Trust & Scandic Estate): SCANDIC COIN opens new ways of corporate financing. SCANDIC plans to partially finance certain projects (e.g., real estate development via Scandic Estate) through token participation. Investors could use SCANDIC COIN to acquire digital shares in projects or participate in returns through staking. Integration with Scandic Trust enables efficient treasury functions (interest payments, profit distributions in the form of tokens).
  • Exclusive Mobility & Experiences (Scandic Fly & Scandic Yachts): In the private jet and yacht charter sectors, SCANDIC COIN serves as the booking and settlement unit for high-value services. Token holders could, for example, book a flight using SCANDIC COIN via a platform—reducing settlement time and foreign exchange costs for international customers. At the same time, SCANDIC COIN can be integrated into loyalty programs: frequent users of these services receive rewards in SCANDIC COIN or discounts on future bookings, thereby enhancing customer retention.
  • Trading Platform (Scandic Trade): On the planned marketplace for physical and digital goods, SCANDIC COIN functions as a universal medium of exchange. Companies can offer goods (e.g., precious metals or CO₂ certificates) for sale in exchange for SCANDIC COIN. Smart contracts ensure escrow-like processing (goods-versus-token). SCANDIC COIN enables rapid, borderless settlement of trading transactions. Automated marketplaces for specific assets are also conceivable, where SCANDIC COIN serves as the base pair, thereby generating additional token demand.
  • Security & Identity (Scandic SEC): In sensitive areas of security and identity verification, SCANDIC COIN can be used as an access token. For example, a SCANDIC COIN token (or an NFT derivative) could represent temporary access rights to secure facilities—as part of an IoT/access control solution by Scandic SEC. Furthermore, clients could use SCANDIC COIN to book audit services or penetration tests, with the token transfer simultaneously serving as a transparent log for order confirmation.
  • Healthcare & Lifestyle Services (Scandic Health): In the healthcare segment, SCANDIC COIN could be integrated into prevention programs, e.g., as a reward for achieving health goals (tokenized wellness rewards). Insurance companies or employers could grant SCANDIC COIN as incentives to clients/employees who participate in telemedicine programs or follow certain health-prevention steps. Thus, SCANDIC COIN would also have a social value beyond purely financial transactions.
  • Media & Entertainment (LEGIER Media): The SCANDIC GROUP, via its partner LEGIER, operates a network of 115 international newspapers and magazines. SCANDIC COIN is used here as a payment token for digital content. In a media platform app, users can unlock exclusive articles via SCANDIC COIN micropayments, reducing friction compared to traditional subscription models and establishing SCANDIC COIN as a media currency. This broad media presence facilitates user outreach and increases brand awareness.

  The unifying element of all use cases is that SCANDIC COIN creates value within a closed ecosystem. Activities in one area potentially enhance the utility of another area—creating synergy effects and a fundamental demand for the token. For example, a customer who travels with Scandic Fly can invest in real estate through Scandic Estate or make transactions via Scandic Pay—all while using SCANDIC COIN. Through this principle, demand and utility of the token grow organically with each additional service integrated into the ecosystem. SCANDIC COIN thus forms the centerpiece of a comprehensive, regulated ecosystem, bridging the digital and real economies.

  Unlike speculative standalone projects, SCANDIC COIN focuses on integrating multiple exclusive services, creating long-term stability and diversification. Investors benefit from the token’s intrinsic value generated by its diverse applications, making it less susceptible to purely external market speculation.

  In summary, SCANDIC COIN is embedded in virtually all business areas of the SCANDIC GROUP. Each use case has been carefully designed to generate practical benefits for token holders and business value for the group. This broad range of applications—combined with a sophisticated clientele—is intended to ensure lasting demand for SCANDIC COIN and establish it as the universal “lubricant” of the SCANDIC ecosystem.

  Infrastructure & Technology

  The technical implementation of SCANDIC COIN focuses on security, efficiency, and scalability. SCANDIC COIN is built on a modern, energy-efficient public blockchain infrastructure, complemented by the proprietary IT infrastructure of the SCANDIC GROUP. The following section outlines the most important components and architectural decisions.

  Blockchain Architecture

  SCANDIC COIN is based on a proof-of-stake (PoS) blockchain platform that ensures energy-efficient and sustainable operations. The choice of PoS reduces energy consumption by more than 99% compared to proof-of-work systems and aligns with SCANDIC’s sustainability principles. The smart contracts are designed according to ERC-20 standards (or an equivalent), ensuring compatibility with wallets and decentralized exchanges.

  Smart Contracts

  All essential token functionalities—issuance, transfer, vesting, and liquidity management—are implemented via audited smart contracts. The contracts are published as open source and can be verified on the corresponding block explorer. Core features include:

  • Automated vesting schedules for team and advisor tokens.
  • Transparent liquidity pool logic with time-locked funds.
  • Emergency pause function (if permitted under MiCA) for extreme situations, allowing controlled incident responses without manual interference.
  • Modular contract structure to enable future upgrades (e.g., staking functions) without compromising existing balances.

  Off-Chain Infrastructure

  A unique feature of SCANDIC is the integration of its own high-performance data centers (Green Data Centers) into the token infrastructure. SCANDIC DATA operates 24/7 data centers that serve as an off-chain backbone for specific applications—for instance, hosting service platforms (cloud services, media platform) that integrate SCANDIC COIN as a payment layer. Proximity between token services and internal IT infrastructure ensures low latency and high availability. Critical services are protected through geo-redundancy and backup data centers to guarantee failover safety. The data centers run on renewable energy and use AI optimization for load forecasting (see AI Ethics chapter), ensuring exceptional energy efficiency.

  Oracles

  To enable seamless execution of certain smart contracts, oracles provide trusted real-time data from outside the blockchain. Examples include price oracles for exchange rates (EUR/SCANDIC COIN or other crypto pairs) to maintain a stable exchange value or to calculate euro-denominated limits and risk thresholds. SCANDIC employs decentralized oracle networks (such as Chainlink) or operates its own oracle nodes within its data centers, delivering multi-signed data feeds. Oracles are subject to regular audits as they can represent potential attack vectors (e.g., man-in-the-middle attacks on pricing data).

  Security Layer

  Security has the highest priority in the infrastructure. The SCANDIC TRUST GROUP implements a multi-layered security framework:

  • Multi-Signature Wallets: Treasury wallets (for reserve funds, team tokens, etc.) require multiple independent approvals (the “four-eyes principle” and beyond) for transactions.
  • Hardware Security Modules (HSM): Private keys are stored in HSMs or comparable secure wallet solutions (e.g., Fireblocks) to prevent theft or compromise.
  • Smart Contract Audits: All relevant contracts undergo external security audits prior to deployment. Audit reports are published to build investor trust.
  • Monitoring & Incident Response: Both on-chain and off-chain systems are monitored in real time (via SIEM systems). In case of anomalies (e.g., unusually large transfers or potential hacks), emergency protocols are activated: contracts may be paused (if provisioned), and a 24/7 incident response team investigates and resolves issues immediately.

  Integration and Interoperability

  SCANDIC COIN is designed to integrate seamlessly into the existing IT landscape. APIs are provided to allow external systems (e.g., merchants on Scandic Trade) to accept SCANDIC COIN. If business strategy requires multi-chain support, bridging solutions are in place to represent SCANDIC COIN on multiple blockchains (cross-chain bridge), including safeguards against replay attacks.

  Performance and Scalability

  The chosen blockchain must handle high transaction volumes—particularly when large-scale micropayments occur (e.g., on the media platform). Therefore, a platform capable of processing thousands of transactions per second (TPS) on-chain was selected. Additionally, SCANDIC is evaluating second-layer technologies (e.g., state channels or rollups) to migrate to Layer 2 when needed. The group’s off-chain services are built on a cloud-native architecture (containerization, Kubernetes), enabling horizontal scaling and resilience to load spikes.

  Overall, SCANDIC COIN’s technology strategy combines blockchain transparency with professional IT infrastructure reliability. This dual model ensures that SCANDIC COIN transactions are secure, fast, and energy-efficient. The use of a green PoS blockchain and in-house sustainable data centers represents a forward-looking approach that aligns with the company’s ethos. SCANDIC’s commitment to AI ethics and data protection further demonstrates its “Responsible Tech” philosophy, building trust among clients and regulators alike.

  Market Analysis

  The success of any token depends largely on the market environment and the underlying value drivers. SCANDIC COIN is closely linked to the industries in which the SCANDIC GROUP operates. Therefore, the value development of SCANDIC COIN is also aligned with the growth and trends of these sectors. The following market analysis examines the relevant segments and macroeconomic trends that form the context for SCANDIC COIN. Forecast data (2024/25 to 2030) are presented to illustrate the potential (see Figures 4–8 for graphical representations of selected metrics).

  Overview of the core segments: SCANDIC combines several future-oriented industries, namely:

  • Green Data Center & Cloud Services – market for sustainable data center services and cloud infrastructure,
  • Cybersecurity – services for IT security and corporate consulting (e.g., SCANDIC SEC),
  • Exclusive Mobility (Private Aviation & Yachting) – niche market for affluent private and business customers,
  • Real Estate (Hospitality & Commercial) – high-end real estate projects focusing on mixed-use and luxury,
  • Digital Media & Publishing – global market for digital news, content, and paywall models,
  • FinTech & Digital Payments – in particular crypto payment transactions and digital wallets in the B2B environment.

  Growth rates

  Forecasts show that, in particular, sustainable data centers and cybersecurity will exhibit double-digit annual growth rates over the next five years. Drivers include the unabated appetite for data processing (cloud, AI, IoT) combined with strict ESG requirements, as well as the increasing threat landscape in cyberspace that compels security investments. The luxury mobility industry (private jets, yachts) is also seeing rising demand, driven by globalization (business requires flexible mobility) and pandemic-induced changes (affluent customers seek private travel alternatives). The digital media market continues to grow due to ongoing digitalization and the need for curated information, with new payment models (micropayments, subscriptions) offering revenue potential.

  Market volumes 2025 vs. 2030

  In all of the aforementioned segments, a clear increase in revenues is expected by 2030. Figure 4 compares, by way of example, market volumes in 2025 and 2030 for key industries: For instance, the volume in the green data center market could nearly double from X bn € (2025) to Y bn € (2030). Cybersecurity services are also growing strongly (from A bn € to B bn €). The private jet charter and yacht charter markets, although smaller in absolute terms, show significant percentage growth. Digital media increase their digital revenues, while traditional print revenues stagnate or decline — which is an advantage for SCANDIC as a digital player. Figure 5 illustrates the annualized growth rates for 2025–2030 in the relevant markets: all are in the high single-digit to low double-digit percentage range, with data/IT & security at the top.

  Segmentation and digitalization

  SCANDIC operates in segments with a high degree of digitalization or actively promotes their digitalization. Figure 8 shows, by way of example, the current level of digitalization of the SCANDIC segments: while cloud & payment are naturally digital (~90–100% digitized), real estate transactions, mobility bookings, and media are catching up and will achieve significantly higher digital shares by 2030. SCANDIC COIN benefits from this, as a higher degree of digitalization fosters the acceptance of digital tokens as a means of transaction. The linking of different areas in one ecosystem (via SCANDIC COIN) enables SCANDIC to realize network effects. Customers who enter the ecosystem via one platform can easily be cross-sold to other services — which increases per-capita customer spending and balances capacity fluctuations between segments. This diversification is a risk buffer: if one market weakens in the short term (e.g., media), others (e.g., IT services) could compensate. For the token, this means more stability, since its demand is distributed across several sectors.

  Competition and unique selling propositions

  On the competitive side, it should be noted that SCANDIC is not the sole provider in any segment; however, the combination of segments makes the offering unique. There are, for example, other utility tokens in the IT industry, but hardly any that are simultaneously used in media and mobility. SCANDIC COIN has the potential to position itself as a “lifestyle token” for enterprises that covers a variety of needs. In addition, SCANDIC differentiates itself through its strong focus on compliance and sustainability. In times of tightening regulation (keyword: MiCA), many crypto projects may encounter difficulties — SCANDIC, by contrast, has integrated compliance from the outset, which is a competitive advantage in earning the trust of institutional clients.

  Macroeconomic influences

  Naturally, SCANDIC COIN is also subject to external factors. General crypto market volatility (e.g., Bitcoin cycles) can have a sentiment-driven impact, even though SCANDIC COIN primarily has utility value. Regulatory trends (new legal requirements worldwide) can create new hurdles or opportunities — SCANDIC monitors this closely and has demonstrated in the past an ability to react flexibly. The economic cycle in the core markets (Europe, Middle East) indirectly influences the willingness of customers to spend on luxury and capital goods. A downturn could temporarily dampen the use of some services, while booming phases could generate increased token demand. Thanks to its broad setup across sectors and regions, however, SCANDIC is relatively robust against idiosyncratic risks — a concept analogous to portfolio diversification.

  Conclusion of the market analysis

  The various growth fields of the SCANDIC GROUP complement each other and together form a diversified, technologically advanced, and sustainable corporate network. SCANDIC COIN serves as the central connecting element that facilitates transactions and customer flows between areas. Through the broad positioning in strongly growing markets, combined with consistent digitalization and smart interlinking of business areas, synergies and network effects arise from which investors can benefit in the long term. SCANDIC COIN participates in the growth of several industries at the same time, which makes its risk/return profile attractive. The market analysis thus underpins the economic viability of the project: it addresses real demand in existing markets and leverages megatrends (digitalization, sustainability, security) to good effect.

  Media & Public Relations

  In addition to its operational companies, the SCANDIC GROUP also possesses its own media channels. Through the strategic partner LEGIER Media, the network encompasses a total of 115 international daily newspapers and magazines. SCANDIC COIN is used here as a payment token for digital content. In an innovative media platform app, users can unlock exclusive articles and news via SCANDIC COIN micropayments. This reduces friction compared to traditional subscription models and establishes SCANDIC COIN as a media currency within the ecosystem. The media presence of the group is a key asset in introducing the token—it facilitates outreach to potential token users, increases brand awareness, and contributes to transparency.

  Figure 9: Distribution of SCANDIC newspapers by region – geographical reach of the corporate media.
  Figure 10: Media collage showing various publications and target audiences – excerpt from the LEGIER Media portfolio.

  By combining its own newspapers, magazines, and a network of partner outlets, SCANDIC can efficiently promote new products such as the SCANDIC COIN token. Clear and transparent communication through these channels further strengthens public trust.

  Compliance & Data Protection

  The SCANDIC GROUP has implemented a comprehensive compliance management system for SCANDIC COIN to meet all legal requirements and ensure the highest standards of integrity. This chapter describes the organizational structures, relevant legal areas, and specific measures through which SCANDIC ensures that the operation of the token is lawful, secure, and ethically responsible. Particular emphasis is placed on data protection, as the safeguarding of personal data is of central importance both for regulatory and reputational reasons.

  Compliance Organization

  SCANDIC COIN has its own compliance management framework seamlessly integrated into the group structure. The management is supported by an internal compliance department that covers the areas of law, data protection, information security, risk management, and internal audits. Responsibilities and escalation procedures are clearly defined; regular reports to top management ensure transparency and enable decisive action in cases of rule violations. A comprehensive policy stack consolidates all relevant guidelines, including the Code of Conduct, Privacy Policy, Supply Chain and Human Rights Policy, Modern Slavery Statement, Cookie Policy, and project-specific token operation policies. These documents (see appendix) embody the ethical principles by which all employees and partners must abide. The risk management team coordinates the identification and assessment of legal, operational, technological, and reputational risks and continuously updates the risk inventory.

  Legal and Regulatory Obligations

  As an issuer of a crypto asset, SCANDIC COIN must comply with a broad range of laws. The most important areas include:

  • Data Protection Law: Full implementation of the EU General Data Protection Regulation (GDPR) and other applicable data protection laws (e.g., Bahrain Personal Data Protection Law, PDPL, as SCANDIC operates infrastructure in Bahrain). Personal data of customers are processed solely for intended purposes and protected through appropriate technical and organizational measures. Disclosure to third parties occurs only on a legal basis (consent or statutory permission). SCANDIC publishes a detailed Privacy Policy (see appendix) outlining data categories, purposes, storage periods, and data subject rights. Principles such as Privacy by Design/Default are firmly anchored in development processes. Modern security architectures (zero-trust, encryption, pseudonymization) ensure data security and prevent compliance violations.
  • Telecommunications and IT Law: As a digital service provider, SCANDIC complies with applicable provisions of the Telecommunications Act (TKG), ePrivacy regulations, and relevant cloud regulations. Special attention is paid to network neutrality, IT security requirements (e.g., under the German IT Security Act/BSI standards), and youth protection. The infrastructure is designed to meet all regulatory requirements regarding access, interoperability, and operational resilience.
  • Crypto Asset Regulation: As outlined in the legal chapter, SCANDIC COIN fully complies with Regulation (EU) 2023/1114 (MiCA). SCANDIC COIN is classified as a utility token; a whitepaper has been prepared and published, and all transparency and disclosure obligations are met. The compliance team also closely monitors legislative developments—such as the EU Artificial Intelligence Act (AI Act) and the Ukrainian law on virtual assets—to proactively adapt to new requirements.
  • Supply Chain Due Diligence: As part of the SCANDIC GROUP, SCANDIC COIN is also subject to overarching corporate rules such as Germany’s Supply Chain Due Diligence Act (LkSG) and the upcoming EU Corporate Sustainability Due Diligence Directive (CSDDD). This means that SCANDIC reviews its suppliers and partners with regard to human rights and environmental standards (see Supply Chain & Sustainability chapter), analyzes risks, and takes corrective measures when necessary. An anonymous complaint mechanism is available for reporting human rights violations. In this way, compliance is enforced not only internally but throughout the entire value chain.
  • Tax and Commercial Law: SCANDIC ensures proper accounting and taxation of all relevant transactions in the jurisdictions in which it operates. Revenues from token sales are recorded accurately in accordance with accounting and tax law (possibly recognized as intangible assets if allocated free of charge; see tax evaluation). Accounting follows German principles (HGB, AO) as well as international standards (IFRS). Cross-border trade (import/export of hardware/software) is conducted in compliance with foreign trade and customs regulations.
  • IT Security Standards: SCANDIC COIN strives to obtain relevant certifications in information security and data protection, particularly ISO/IEC 27001 (ISMS), ISO/IEC 27017 (Cloud Security), and ISO/IEC 27701 (Privacy Information Management). SCANDIC already aligns with the NIST Cybersecurity Framework and CIS Benchmarks for IT security best practices. Regular penetration tests and security audits ensure the resilience of systems.
  • Export Control and Sanctions Law: SCANDIC strictly adheres to national and international sanctions lists and export control regulations. No services are provided to persons or organizations listed on EU or US sanctions lists; clients from certain high-risk countries (classified as non-cooperative by FATF) are rejected. IT components may be subject to US (re-)export law (EAR), which is considered during procurement and deployment.

  Due Diligence (KYC/AML)

  Before any business relationship is established, each customer (or platform user) undergoes a Know Your Customer (KYC) process. The procedure includes identity verification, beneficial ownership checks, and screening against sanctions and PEP (Politically Exposed Persons) lists. AML (Anti-Money Laundering) procedures are conducted in accordance with FATF standards and the EU AML directives. Automated systems monitor transactions for suspicious patterns, and suspicious activities are reported to the competent authorities in compliance with the law. SCANDIC COIN expressly prohibits the use of its services for illegal activities such as money laundering, terrorism financing, fraud, or darknet transactions. This zero-tolerance policy is embedded in the terms of use that all users must accept.

  Whistleblowing System

  The SCANDIC GROUP operates a confidential whistleblowing system also used by SCANDIC COIN. Employees, customers, or business partners can report violations of laws, internal rules, or human rights through a secure, anonymous channel. Reports are confidentially reviewed by a specialized compliance team; investigations are initiated and any irregularities are corrected. Whistleblowers are protected from retaliation (in line with the EU Whistleblower Directive). Outcomes and corrective measures from verified cases are published anonymously to ensure transparency and strengthen trust in SCANDIC’s compliance culture.

  Training & Monitoring

  All employees involved in SCANDIC COIN undergo regular training on relevant compliance topics—from anti-money laundering to data protection, sustainability, and AI ethics. This ensures that awareness of responsible conduct is established throughout the organization. At the same time, the compliance program itself is continuously evaluated and improved (continuous improvement). Internal audits, management reviews, and external feedback are incorporated to adapt the system to new risks or regulations. KPIs such as the number of detected violations or the status of audit recommendations are tracked to measure effectiveness.

  Overall, SCANDIC COIN follows a proactive compliance strategy. Long before the token issuance, all necessary structures were established to ensure regulatory compliance. This forward-looking approach builds trust among both regulators and investors. The combination of robust policies, advanced technology (e.g., privacy by design), and a corporate culture rooted in integrity ensures that SCANDIC COIN operates not only legally but also ethically. Compliance and data protection are not mere obligations—they are integral components of SCANDIC COIN’s value proposition: a token you can trust.

  AI Ethics

  The SCANDIC GROUP — and therefore SCANDIC COIN — uses artificial intelligence (AI) in various areas to optimize processes and provide innovative services. Examples include AI-supported energy management in data centers and personalized content recommendations in media platforms. SCANDIC recognizes that the use of AI entails great responsibility. For this reason, the company has established binding AI ethics guidelines to ensure a trustworthy, fair, and transparent use of AI systems. These guidelines are aligned with emerging regulatory requirements under the EU AI Act as well as international principles (e.g., OECD AI Principles). The following outlines the key AI ethics principles and how they are implemented within SCANDIC.

  Transparency & Explainability

  SCANDIC TRUST GROUP places great emphasis on the transparency of AI-based decisions. Wherever AI systems are used (e.g., for maintenance forecasting in data centers or automated recommendations to customers), users are clearly informed. Customers have the right to know when a result was generated by an AI. Furthermore, SCANDIC TRUST GROUP strives to offer understandable explanations: documentation specifies which key factors contributed to an AI decision (where technically feasible). For example, if an AI system in SCANDIC DATA forecasts load peaks and redistributes capacity, an explanation log is displayed to the administrator. In media apps, it is indicated that an article suggestion is based on an AI model. SCANDIC’s principle: AI assistance yes — but never a “black box” approach.

  Fairness & Inclusion

  All algorithms are tested for bias and discrimination risks before being deployed into production. SCANDIC TRUST GROUP ensures that AI systems do not unfairly disadvantage individuals based on sensitive attributes (such as origin, gender, or age). For instance, in the financial area (Scandic Pay), no customer should receive poorer AI-based service solely due to company size or industry sector. Training datasets are reviewed for representativeness; corrective actions such as oversampling of underrepresented groups are taken if necessary. SCANDIC also ensures accessibility and inclusion — explanations are designed to be understandable for non-experts, and alternative human support options are always available.

  Security & Robustness

  SCANDIC TRUST GROUP protects AI systems against manipulation and attacks. Measures are implemented against adversarial attacks (inputs designed to mislead AI models) and systems are hardened against prompt injection (for language models). Regular audits of AI models assess performance and vulnerabilities. Critical AI applications — for example, an automated incident response system in IT security — are stress-tested in sandbox environments before being allowed to influence real systems. Wherever possible, SCANDIC employs redundancy (control algorithms validating outputs from other AI systems) and maintains a fallback option (human override). Through this human-in-the-loop principle, responsible employees can intervene and reverse decisions when necessary. High-risk applications (as defined under the EU AI Act) require internal approval and undergo a documented impact assessment process. SCANDIC meticulously documents data sources, training methods, and metrics for such systems.

  Data Protection

  Every AI deployment at SCANDIC TRUST GROUP strictly follows the data protection principles of the GDPR. Personal data are only used when a valid legal basis exists (data subject consent or legitimate interest, where applicable). Wherever possible, data are anonymized or pseudonymized before being fed into AI models. Especially for personalized recommendations in media or for customer analysis within SCANDIC PAY, only aggregated or pseudonymized profiles are utilized. Training on sensitive data — if unavoidable — takes place under strict access controls, using techniques such as data masking to prevent identification of individuals. SCANDIC ensures that AI outputs never unlawfully disclose personal data. For example, if a language model is deployed in customer support, it is prevented from exposing any real customer information externally (strict prompt and data handling rules apply to all AI systems).

  Media & Content Ethics

  Within SCANDIC TRUST GROUP’s media offerings, additional editorial principles apply: editorial independence, fact-checking, and advertising transparency have top priority. AI-generated content (e.g., automatically created market reports or translated articles) is clearly labeled as such. Users always retain the right to interact with a human representative — for example, in customer service, they can request transfer to a human agent if dissatisfied with an AI chatbot’s response. Furthermore, SCANDIC adheres to journalistic standards; internal policy strictly prohibits the use of AI for opinion manipulation. SCANDIC COIN, as a token, plays a role here insofar as it serves as a payment medium on the media platform — but SCANDIC ensures that commercial interests (such as token demand) never compromise journalistic integrity.

  Governance & Oversight

  At the leadership level, SCANDIC TRUST GROUP has established an ESG Committee that governs not only climate and social issues but also data and AI ethics. This committee monitors compliance with the AI ethics guidelines and reports directly to the executive board. In addition, there is a group-wide policy library integrating AI policies with existing compliance, data protection, and supply chain guidelines. For each AI project, a designated responsible person (“AI Owner”) is appointed, accountable for the development, operation, and monitoring of the system. This individual ensures that all required checks (bias testing, security testing, Data Protection Impact Assessments, etc.) are conducted prior to deployment and initiates corrective measures in case of issues. SCANDIC TRUST GROUP also involves stakeholders: if customers or employees raise concerns regarding an AI system, these are investigated. Ethical concerns related to AI use can even be reported anonymously via the whistleblower system — such reports are handled analogously to compliance violations.

  Legal Compliance

  SCANDIC is preparing for the upcoming EU AI Act and aims to be recognized as an early adopter. This means that risk classifications of AI systems are already being conducted (e.g., biometric access control = high risk; spam filters = low risk) and corresponding procedures implemented. If SCANDIC provides AI systems to third parties, CE conformity and registration under the AI Act are ensured. SCANDIC also complies with existing sector-specific regulations: no AI is used for employee monitoring (unless legally permitted and proportionate) and no AI deployment may infringe on fundamental rights. In its supply chain, SCANDIC uses AI for risk analysis but without applying discriminatory criteria (for example, country-related risks are assessed, but never based on ethnic characteristics).

  Conclusion: Through its AI ethics framework, SCANDIC TRUST GROUP reinforces its commitment to combining innovation with responsibility. AI is viewed as a tool to achieve operational benefits — efficiency, personalization, and security — without compromising human values or rights. This philosophy aligns with SCANDIC COIN’s broader strategy that places compliance, ethics, and sustainability on equal footing with growth and profitability. For investors and partners, this means: SCANDIC utilizes cutting-edge technology, but always in a trustworthy and human-centric way — a principle that fosters confidence and long-term success in today’s digital economy.

  Supply Chain

  The supply chain of SCANDIC COIN comprises a wide range of components: from the procurement of IT hardware (servers, networking, storage) to energy supply, facility services (security, cleaning), and logistics for transport. SCANDIC TRUST GROUP complies with the requirements of Germany’s Supply Chain Due Diligence Act (LkSG) and anticipates the forthcoming EU Corporate Sustainability Due Diligence Directive (CSDDD). The following measures have been implemented in concrete terms: :contentReference[oaicite:0]{index=0}

  • Supplier Code of Conduct: All suppliers must comply with binding human rights and labor standards. These include the prohibition of child and forced labor, payment of fair wages, appropriate working hours, occupational safety, and environmental protection requirements. This code becomes part of all new contracts. Suppliers in high-risk sectors or regions must provide additional evidence (e.g., certifications such as SA8000 for labor rights). :contentReference[oaicite:1]{index=1}
  • Risk Management & Audits: SCANDIC TRUST GROUP regularly conducts risk analyses along the supply chain. Particular attention is paid to raw material sourcing (e.g., rare earths in electronics), manufacturing of hardware, and disposal of electronic waste—areas that are known to carry higher risks of human rights violations or environmental pollution. For identified high-risk suppliers, audits or certificate checks are carried out. If a supplier breaches standards, SCANDIC TRUST GROUP agrees on remedial measures and deadlines for rectification. Repeated or serious violations lead to termination of the business relationship (zero tolerance). :contentReference[oaicite:2]{index=2}
  • Whistleblowing in the Supply Chain: SCANDIC provides an anonymous reporting channel that can be used not only by its own employees but also by employees of suppliers or customers to report human rights violations or environmental issues in the supply chain. Incoming reports are carefully reviewed and appropriate measures are taken (up to and including initiating legal action against culpable suppliers). :contentReference[oaicite:3]{index=3}
  • Modern Slavery Act & International Standards: SCANDIC TRUST GROUP integrates the requirements of the UK Modern Slavery Act 2015 and comparable international frameworks into its processes. The company commits to zero tolerance toward modern slavery in any form (forced labor, debt bondage, human trafficking). A Modern Slavery Statement is published annually describing the measures and progress (see appendix). These commitments apply not only internally but expressly also to all partners and suppliers, who are contractually obligated to these values. :contentReference[oaicite:4]{index=4}
  • Continuous Improvement: A dedicated team evaluates the effectiveness of supply chain measures and seeks opportunities for improvement. Benchmarks such as the Global Slavery Index are used to identify any new risk areas. SCANDIC TRUST GROUP also participates in industry initiatives for fair supply chains in order to raise standards collectively. :contentReference[oaicite:5]{index=5}

  As part of the SCANDIC GROUP, SCANDIC COIN is also subject to overarching corporate rules such as the German LkSG and the forthcoming CSDDD. This means that SCANDIC reviews its suppliers and partners with regard to human rights and environmental standards (see chapters on Supply Chain & Sustainability), analyzes risks, and takes remedial action where necessary. An anonymous complaints channel is available for reporting human rights violations. In this way, compliance is enforced not only internally but throughout the entire value chain. :contentReference[oaicite:6]{index=6}

  Sustainability

  SCANDIC COIN is not only a technological and financial project, but also a highly sustainable and socially responsible initiative. The SCANDIC GROUP has implemented comprehensive measures to ensure environmental and social responsibility throughout its entire supply chain and to minimize the ecological footprint of its operations. This chapter outlines the group’s initiatives in climate protection, resource efficiency, supply chain responsibility, human rights, corporate culture, and social engagement. >Climate Goals and Energy Efficiency

  Operating digital infrastructure is energy-intensive — SCANDIC TRUST GROUP addresses this challenge with ambitious climate targets. The company aims to achieve Net Zero emissions (Scope 1 and 2) by 2027. This means that all direct emissions (e.g., from backup generators) and indirect emissions from purchased energy will be fully transitioned to renewable sources or offset by that time. For Scope 3 emissions (supply chain, hardware production, logistics), SCANDIC targets climate neutrality by 2030–2035. These goals underline its ambition to be a pioneer in sustainable data center operations.

  SCANDIC operates and partners with data centers powered entirely by renewable energy. Whenever possible, SCANDIC invests in its own photovoltaic and wind installations to cover a large share of energy demand. Waste heat from servers is reused for heating nearby buildings (“green heat recovery”). All new construction projects comply with LEED or BREEAM standards. The medium-term objective is to make all core operations carbon-neutral.

  Resource Efficiency 3>

  Hardware components are purchased with an emphasis on durability and recyclability. Devices are used for extended lifecycles through refurbishment programs and are properly recycled at the end of their lifespan. SCANDIC works with certified e-waste recycling partners to ensure compliance with environmental regulations. Paperless operations, optimized logistics, and cloud-based collaboration tools further reduce waste and emissions.

  Social Responsibility and Human Rights

  UN Global Compact and the ILO Core Conventions form the ethical backbone of SCANDIC TRUST GROUP’s social responsibility strategy. Equal opportunity, diversity, and inclusion are integral to the corporate culture. The company ensures fair compensation, flexible working arrangements, and ongoing professional development for all employees. Discrimination and harassment are strictly prohibited and addressed under a zero-tolerance policy.

  Employee Health and Safety

  Occupational hes are implemented across all sites, following ISO 45001 standards. Remote work policies are designed to ensure ergonomic and mental well-being. SCANDIC offers preventive health programs and encourages physical activity through corporate wellness initiatives.

  Community and Philanthropy

  SCANDIC engages in various social an A portion of profits is allocated to foundations that support digital literacy, sustainable innovation, and local community development. The company is a member of several industry associations promoting sustainable digitalization and shares its insights at conferences to foster positive global impact.

  Integration with ESG Strategy

  Responsibility at SCANDIC does not end with the launch y views itself as part of the solution to global challenges, such as climate protection, human rights, and resilient digital societies. This mindset shapes every aspect of SCANDIC COIN. For investors, this means that the project is managed not only on economic grounds but also according to environmental and social criteria. This alignment with ESG (Environmental, Social, Governance) principles is becoming an increasingly decisive factor in the financial sector.

  The detailed measures described in this chapter demonstrate that SCANDIC takes sustainability and supply chain responsibilclear goals (Net Zero), concrete actions (Code of Conduct, audits, recycling), and transparent reporting, the company ensures that growth never comes at the expense of people or the environment. Instead, SCANDIC strives to unite technology and sustainability — an approach that will secure long-term trust and acceptance for the project.

  Investor Protection

  The SCANDIC GROUP has a strong interest in comprehensively protecting investors and token users. Especially in the crypto sector, it is crucial to communicate potential risks transparently and to promote responsible investment behavior over short-term speculation. This chapter presents the central elements of investor protection, particularly the handling of total loss risks and measures for addiction prevention or avoidance of excessively risky behavior.

  Transparent Risk Disclosures

  SCANDIC ensures that investors are informed of all significant risks associated with investing in SCANDIC COIN from the very beginning. Clear and prominent risk warnings are placed in the whitepaper, all marketing materials, and on the platform itself. In particular, it is explicitly stated that crypto assets are volatile and that investors can lose their entire invested capital. This formulation of a total loss risk is clear and unambiguous. It also complies with the recommendations of many regulators and with the VARA Marketing Code, which likewise mandates that advertising in Dubai must include such a warning. SCANDIC goes beyond the minimum legal requirements by displaying these notices prominently, rather than hiding them in the fine print. For example, when purchasing SCANDIC COIN through the platform, a pop-up appears requiring users to reconfirm the risk information (“I am aware that I could suffer a total loss.”).

  No Misleading Profit Promises

  As part of its investor protection policy, SCANDIC completely refrains from making forecasts or promises regarding future token value or returns. Neither in public statements nor internally are price targets discussed. Marketing slogans that exploit fear (Fear of Missing Out) or create time pressure (“Invest now before it’s too late”) are strictly prohibited. This conservative communication approach aims to prevent investors from acting irrationally based on speculative expectations. SCANDIC emphasizes the token’s utility value rather than its speculative value. Real project progress (e.g., new use cases, partnerships) is communicated — but always factually and with a clear note that success is not guaranteed. If SCANDIC COIN is listed on exchanges, investors will be actively reminded that prices fluctuate and that past performance is no indicator of future results.

  Suitability and Appropriateness Testing

  Although SCANDIC COIN is formally classified as a utility token and not subject to MiFID obligations, SCANDIC makes every effort to ensure that only investors with appropriate experience and risk tolerance participate. When tokens are sold directly via the website, a voluntary questionnaire is presented to assess the user’s risk profile — similar to financial products. For example, users are asked whether they are aware of volatility, have prior experience with crypto assets, and only invest funds they can afford to lose.

  Legal Safeguards and Disclaimer

  SCANDIC clearly states in its contractual terms which liability limitations apply. It is made explicit that investors act on their own responsibility and that SCANDIC cannot compensate for losses (except in cases of proven fault by SCANDIC). It is also disclosed that the token is not legal tender and that there is no deposit insurance comparable to that of bank deposits. These clarifications serve not only legal protection but also ensure investor awareness and realistic expectations.

  Monitoring of Token Trading

  Even after issuance, SCANDIC monitors trading activity of SCANDIC COIN (to the extent possible within decentralized trading). Should extraordinary market manipulations or pump-and-dump patterns be detected, SCANDIC will issue public warnings and inform the community. While SCANDIC cannot directly influence secondary markets, it considers itself morally obligated not to remain silent in such cases. Through active communication channels (e.g., social media, newsletters), investors are alerted if fraudulent activities occur — such as scam tokens with similar names.

  Education & Community Support

  Long-term investor protection also means empowering investors through education. SCANDIC invests in educational initiatives, such as tutorials, webinars, and FAQs on safe crypto handling (e.g., self-custody vs. platform custody, setting up 2FA, identifying phishing). The more knowledgeable users are, the lower the likelihood of panic selling or falling victim to fraud — both key aspects of loss prevention. SCANDIC’s community management encourages questions and peer exchange, enabling newcomers to learn from experienced users.

  Conclusion

  Through these diverse measures, SCANDIC COIN ensures that investor protection is not just a buzzword but a lived reality. While complete avoidance of total losses can never be guaranteed — the inherent risk remains — SCANDIC does everything possible to educate investors and reduce the likelihood of worst-case scenarios through solid project management, anti-fraud measures, and contingency planning. The inclusion of addiction prevention demonstrates ethical awareness: SCANDIC does not aim to profit from users’ uncontrolled trading but from their genuine use of the token. This philosophy helps build trust among a critical public that often laments the lack of investor and consumer protection in the crypto sector. SCANDIC deliberately positions itself as a reputable player focused on building long-term, stable relationships rather than short-term profits at the expense of small investors.

  Roadmap 2024–2027

  The following roadmap outlines the planned milestones of the SCANDIC COIN project through 2027. It serves as a guide for investors to understand which development stages and value drivers can be expected in the coming years. (Note: Timelines may shift depending on market conditions and regulatory approvals; the roadmap is updated regularly.)

  2024 – Launch and Laying the Foundation

  • Q1 2024: Finalization of regulatory and whitepaper processes. Completion of legal opinions, submission of the MiCA whitepaper to the supervisory authority (if required). Website launch with investor portal and publication of all policy documents (imprint, data protection, compliance, and ethics policies) for transparency.
  • Q2 2024: Token Generation Event (TGE) – Technical launch of SCANDIC COIN on the selected blockchain. Initial seed sale to strategic partners and institutional investors (private offering). Establishment of the liquidity pool (€250k) and commencement of decentralized trading (e.g., on Uniswap) while simultaneously listing on a first centralized exchange (if partnership established). Implementation of vesting and lock-up contracts for team and advisors.
  • Q3 2024: Public Sale & Platform Integration – Public token offering (e.g., IEO on a reputable exchange or launchpad) for a broader investor base. Integration of SCANDIC COIN as a means of payment within initial SCANDIC services, such as activation in the Scandic Pay Wallet and a test phase for SCANDIC COIN micropayments in the Scandic Media App. Launch of a bug bounty program to further improve smart contracts and security.
  • Q4 2024: Regulatory Compliance & MiCA Start – Entry into force of the main MiCA provisions (December 2024). SCANDIC has completed all required registrations and operates in full compliance. Community building (forum, regular updates). Publication of the first transparency report on token distribution, use of funds, and progress. Preparation for ISO 27001 certification (initiation of audit process).

  2025 – Expansion of Use and Ecosystem Growth

  • H1 2025: Establishment within the SCANDIC ecosystem – SCANDIC COIN becomes usable across all core SCANDIC GROUP brands. Example: Launch of a client portal where businesses can pay for cloud services using SCANDIC COIN (with discount compared to fiat). Introduction of a loyalty program: frequent flyers with Scandic Fly or regular customers of Scandic Yachts receive bonuses in SCANDIC COIN. Publication of a case study on early use cases (e.g., how a client utilized SCANDIC COIN to combine services), emphasizing utility value.
  • H2 2025: Internationalization & Partnerships – Assessment of expansion into additional geographic markets. Initiation of partnerships with external companies that accept SCANDIC COIN, such as luxury goods retailers in the Scandic Trade environment or hotel chains for Scandic Estate. Listing of SCANDIC COIN on additional exchanges in key jurisdictions (e.g., an EU-regulated exchange, an Asian platform) to increase liquidity and reach. Continued tech development, including potential Layer-2 scaling (if L1 transaction fees rise) and ongoing wallet UX enhancements.

  2026 – Maturity Phase and Diversification

  • Full Year 2026: Ecosystem expansion & maturity – SCANDIC COIN reaches a stable user base. The number of active wallets (corporate and individual) continues to grow. SCANDIC introduces a governance function: major token holders may vote on parameters or the prioritization of new use cases (participation feature). Evaluation of using SCANDIC COIN as an internal settlement token within the SCANDIC GROUP to improve intra-group accounting efficiency. Focus on compliance continues: preparation for potential legislative changes in Ukraine (expected around 2026); close cooperation with regulators to serve as a model project. SCANDIC is expected to achieve several milestones in 2026, such as successful ISO 27001 certification and inclusion in sustainable crypto indices (if available).
  • Q4 2026: Network Effects & Economic Validation – By the end of 2026, synergy effects across the ecosystem should be evident. SCANDIC will publish data showing that users who employ SCANDIC COIN in one sector increasingly utilize other SCANDIC services (cross-selling rate). Verified KPIs will be presented, such as transaction volume in SCANDIC COIN per quarter, number of partner companies, and CO₂ savings through SCANDIC COIN usage (e.g., digital vs. physical processes). These achievements will help attract new investors and large clients.

  2027 – Sustainability Goal and Ongoing Innovation

  • Full Year 2027: Net Zero & Project Consolidation – The year 2027 marks the achievement of Net Zero (Scope 1 & 2) targets. SCANDIC will announce in its 2027 Sustainability Report that its entire in-house operations are carbon neutral. This is not only an ecological milestone but also a marketing advantage — positioning SCANDIC COIN as a “Green Utility Token.” Technologically, 2027 may mark a major upgrade in blockchain or off-chain infrastructure (e.g., migration to Blockchain 3.0 protocols or integration of CBDCs if relevant for Scandic Pay).
  • H2 2027: Reflection and Next Steps – After approximately three years in the market, a strategic review will be conducted: which use cases have proven most effective? Where is optimization potential? This may lead to a SCANDIC COIN 2.0 concept (possible technical upgrades, new utility features, or limited additional issuance for new partners — all depending on circumstances). By 2027, SCANDIC will also have assessed whether the model can be expanded into additional industries or should remain focused on its core segments. Investors will be kept transparently informed about the results of these evaluations.

  Figure 11: Mini Roadmap 2024–2027 – Visualization of the above points with timeline.

  The roadmap clearly shows that SCANDIC COIN follows a structured development plan covering both technical milestones and market/compliance objectives. Maintaining flexibility remains essential to respond quickly to market dynamics and regulatory changes. Each phase aims to create value — whether through new applications, enhanced security, or growing demand. For investors, the roadmap highlights when value-enhancing potentials are expected to be realized (e.g., broader adoption ~2025, full ecosystem effect ~2026, ESG fulfillment ~2027). SCANDIC is committed to achieving these targets on schedule and will communicate progress and potential plan adjustments openly.

  Conclusion

  SCANDIC COIN (SNC) represents an innovative utility token model applied within a broadly diversified corporate environment. Throughout this whitepaper, we have examined the numerous facets of the project — technical, legal, economic, and ethical — in detail. The following section summarizes the key points and places them within the overall context.

  SCANDIC COIN is the centerpiece of an extensive ecosystem that connects industries ranging from cloud computing and fintech to media and luxury mobility. This unique integration creates synergy effects that give the token tangible utility and a stable demand structure. SCANDIC COIN is not an isolated crypto asset but is embedded within established and growing business models. For investors, this represents an investment in a holistic business ecosystem rather than in a single, unproven concept.

  At the same time, SCANDIC COIN is characterized by an uncompromising compliance and governance approach. From the very beginning, MiCA requirements were considered, international legal jurisdictions evaluated, and a comprehensive whitepaper prepared — even though potential exemptions might have applied. This demonstrates that SCANDIC GROUP takes voluntary self-regulation seriously — a major advantage in an industry often marked by regulatory arbitrage. All risks relevant to investors — whether legal (regulation), technical (smart contract vulnerabilities), or market-related (volatility) — are actively managed and openly communicated.

  The technical infrastructure behind SCANDIC COIN combines the best of both worlds: blockchain transparency and the reliability of professional IT infrastructure. This dual model ensures that SCANDIC COIN transactions are secure, fast, and energy efficient. The use of a green Proof-of-Stake blockchain and proprietary sustainable data centers is forward-looking and aligns with the company’s values. Furthermore, SCANDIC’s commitment to AI ethics and data protection underscores its awareness of its responsibility in the digital society — a “Responsible Tech” approach that fosters trust among customers and regulators alike.

  From an economic perspective, the market analysis highlights that SCANDIC COIN is positioned within attractive growth segments and can act as a multiplier for their development. Investors indirectly participate in megatrends such as digitalization, cybersecurity, and sustainable mobility — all bundled into a single token. This diversified exposure may help mitigate risks while multiplying opportunities, making SCANDIC COIN an appealing asset from a portfolio standpoint.

  Particularly noteworthy is the company’s firm commitment to investor protection. SCANDIC goes beyond industry standards to ensure transparency, education, and prevention. The company wants SCANDIC COIN investors to become long-term partners — not speculators chasing short-term gains. Accordingly, all communication and strategy are aligned with this philosophy. In an industry that has seen cases of mismanagement and fraud, SCANDIC consciously positions itself as a trustworthy player with solid business fundamentals and ethics.

  Outlook

  SCANDIC COIN stands at the threshold between the completion of its implementation phase and the beginning of its growth phase. The coming years will be crucial in rolling out the outlined use cases, building partnerships, and establishing a vibrant token economy. Thanks to the roadmap, investors know which steps to expect and can track progress transparently. SCANDIC commits to keeping its community regularly informed — through quarterly reports, online AMA (Ask Me Anything) sessions with management, and potential on-chain governance surveys. The whitepaper is treated as a living document and will be updated as needed to always reflect the project’s current status.

  SCANDIC COIN unites the innovative power of crypto technology with the stability of traditional corporate management. This whitepaper has demonstrated that the token is backed by a well-thought-out concept, a capable team, and a responsible organization. We thank all readers for their interest and invite investors, clients, and regulators to engage in open dialogue with us. Only through continuous feedback and collaboration can we make SCANDIC COIN what it is meant to be: a best-practice example of a utility token that delivers genuine added value, complies fully with regulations, and upholds the principles of sustainability and ethics.

  In this spirit: thank you for your attention. SCANDIC COIN looks forward to shaping the next generation of digital business models together with you — secure, transparent, and sustainable.

  Glossary

  • Utility Token: A crypto token primarily used to access a service or product (usage right) rather than as an investment vehicle with profit entitlement. SCANDIC COIN is a utility token, as it functions as both a payment and access medium within the SCANDIC ecosystem.
  • MiCA: Markets in Crypto-Assets Regulation (EU) 2023/1114, which establishes a harmonized EU-wide legal framework for crypto assets. MiCA regulates, among other things, the obligation to publish a whitepaper, transparency requirements, and authorization obligations for certain tokens.
  • VARA: Virtual Assets Regulatory Authority, the supervisory authority in Dubai established under the Dubai Virtual Assets Law No. 4/2022. It regulates crypto activities within Dubai and issues licenses to Virtual Asset Service Providers. For SCANDIC, this is relevant as the holding company is based in Dubai — however, the regime does not apply as long as no operational activities are conducted there.
  • Reverse Solicitation: An exemption principle (particularly under MiCA) stating that no license is required if a service provider from a third country only conducts transactions with EU customers upon their own initiative. It serves to distinguish whether a foreign provider is “actively targeting the EU market” or not. SCANDIC applies this principle to serve EU customers without an EU license, while maintaining documentation (logs) to prove customer-initiated engagement.
  • KYC/AML: “Know Your Customer” and “Anti-Money Laundering” — a summary of the obligations to identify customers and prevent money laundering. SCANDIC performs KYC verification for all customers (identity verification) and monitors transactions to detect money laundering and terrorist financing.

  Glossary

  • Utility Token: A crypto token primarily used to access a service or product (usage right) rather than as an investment vehicle with profit entitlement. SCANDIC COIN is a utility token, as it functions as both a payment and access medium within the SCANDIC ecosystem.
  • MiCA: Markets in Crypto-Assets Regulation (EU) 2023/1114, which establishes a harmonized EU-wide legal framework for crypto assets. MiCA regulates, among other things, the obligation to publish a whitepaper, transparency requirements, and authorization obligations for certain tokens.
  • VARA: Virtual Assets Regulatory Authority, the supervisory authority in Dubai established under the Dubai Virtual Assets Law No. 4/2022. It regulates crypto activities within Dubai and issues licenses to Virtual Asset Service Providers. For SCANDIC, this is relevant as the holding company is based in Dubai — however, the regime does not apply as long as no operational activities are conducted there.
  • Reverse Solicitation: An exemption principle (particularly under MiCA) stating that no license is required if a service provider from a third country only conducts transactions with EU customers upon their own initiative. It serves to distinguish whether a foreign provider is “actively targeting the EU market” or not. SCANDIC applies this principle to serve EU customers without an EU license, while maintaining documentation (logs) to prove customer-initiated engagement.
  • KYC/AML: “Know Your Customer” and “Anti-Money Laundering” — a summary of the obligations to identify customers and prevent money laundering. SCANDIC performs KYC verification for all customers (identity verification) and monitors transactions to detect money laundering and terrorist financing.

  Imprint

  Provider / Issuer

  SCANDIC ASSETS FZCO
  Dubai Silicon Oasis DDP, Building A1/A2
  Dubai — 342001, United Arab Emirates
  Phone: +97 14 3465-949
  Email: Info@ScandicAssets.dev
  Commercial Register: D.I.E.Z.A Certificate of Formation

  Represented by:
  SCANDIC TRUST GROUP LLC (hereinafter “SCANDIC GROUP”)

  IQ Business Centre
  Bolsunovska Street 13-15
  Kyiv — 01014, Ukraine
  Phone: +38 09 71 880-110
  Email: Info@ScandicTrust.com
  Commercial Register: Extract from the Unified State Register

  In cooperation with:

  LEGIER Beteiligungs mbH
  Kurfürstendamm 14
  10719 Berlin, Federal Republic of Germany
  Commercial Register: HRB 57837, Court of Registration Berlin-Charlottenburg
  VAT ID: DE 413445833
  Phone: +49 (0) 30 99211-3469
  Email: Office@LegierGroup.com
  Register: Handelsregister.de

  Legal Notice

  SCANDIC ASSETS FZCO and LEGIER Beteiligungs mbH act as non-operational service providers. All operational activities of SCANDIC DATA are performed by SCANDIC TRUST GROUP LLC. SCANDIC ASSETS FZCO serves as the holding company and owner of the trademarks, while all operational and responsible activities are carried out by SCANDIC TRUST GROUP LLC.

  Service Description

  SCANDIC COIN is a utility token of the SCANDIC GROUP, providing access to digital services within the SCANDIC ecosystem. It does not constitute e-money or a security. All operational activities related to SCANDIC COIN are executed by SCANDIC TRUST GROUP LLC, while SCANDIC ASSETS FZCO and LEGIER mbH act solely as non-operational service providers.

  Disclaimer

  The contents of this Whitepaper serve informational purposes only and do not constitute investment advice or a public offering in the legal sense. Despite careful review, the provider assumes no liability for the accuracy, completeness, or timeliness of the information. Investments in crypto assets are associated with high risks (including total loss). The provider is not liable for losses unless caused by intent or gross negligence. Legally binding commitments regarding SCANDIC COIN arise exclusively from official contractual documentation and statutory provisions.

  Copyright

  This Whitepaper, including all graphics and trademarks, is protected by the copyright of the SCANDIC GROUP unless otherwise stated. Any reproduction or distribution, even in part, requires prior written consent of the provider.

  Dispute Resolution

  The provider is neither obliged nor willing to participate in a dispute resolution procedure before a consumer arbitration board. Any disputes can, however, be amicably resolved via the above contact information.

  Applicable Law

  This Whitepaper is governed by the laws applicable to the issuer, taking into account mandatory consumer protection provisions of the EU (in particular MiCA) as well as local laws in respective markets. The extraterritorial effect of certain provisions has been considered (see Legal Framework chapter). The place of jurisdiction for disputes relating to SCANDIC COIN, where legally permissible, is Dubai, United Arab Emirates.

  Status of this Whitepaper: October 2025.