Updated white paper to raise USD 16m (800m Pesos) via Token Sale of new TAG for TAG Blockchain running on Multichain. 15m of the fund will be used to fund startup apps that build apps and solutions using the TAG Blockchain.

Of the 100 million Tokens fixed issuance on TAG Blockchain, 80 million Tokens will be sold for 20 cents (10 pesos) each, 20 million tokens will be kept for the next 10 years for 1 to 1 burn and exchange of existing TagCoin currency.

Tagcash will be running it's own exchange for tokens and Fiat created on the TAG Blockchain - other coins can be exchanged (not burned) for same name tokens on the platform, for either decentralized trading or via the Tagcash exchange.

http://markvernon.org/tagcash-white-paper/