Maximum 107,000* shares of Membership Units ($107,000)

*Maximum subject to adjustment for bonus units. See 10% Bonus below

Minimum 10,000 shares of Membership Units ($10,000)

Company	TrustaBit LLC

Corporate Address	26896 Aliso Creek Rd Suite B-1007 Aliso Viejo, CA 92656

Description of Business	TrustaBit plans to use blockchain technology to issue compensation to passengers quickly, easily and securely when their flights are delayed.

Type of Security Offered	Membership Unit and TAB tokens

Purchase Price of Security Offered	$1.00

Minimum Investment Amount (per investor)	$250

Perks*

For every $1 invested, the Offering includes 10 TAB Tokens. In addition, the following bonuses will apply.

TAB Token Discount Rate:

$400+ — If you invest $400-$999, you will receive a 5% Token Bonus.

$1,000+ — If you invest $1,000-$4,999, you will receive a 10% Token Bonus.

$5,000+ — If you invest $5,000-$9,999, you will receive a 20% Token Bonus.

$10,000+ — If you invest $10,000 or more you will receive a 35% Token Bonus.

*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.

Terms of Tokens

TAB Tokens

Description: Whenever there is a flight delay, the travelers on that flight will be automatically receiving TAB tokens. For every 45 minute delay the traveler will be issued a set amount of TAB's. Looking forward, the next time you experience a delayed flight, you can be assured that your TAB tokens are getting credited to your account. You can cash in your tokens at the airline for free flights and upgrades at a discount. Or you trade your tokens with other customers if you want cash directly. This way people who lack a few tokens for their next free flight can easily buy additional tokens from other customers. The TAB tokens will be issued on the ERC20 blockchain.

The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function. There is no guarantee that successful development will ever occur.

The TAB protocol is currently in pre-production phase and we are currently building out the back end infrastructure. Once this phase is complete we expect to perform beta testing with our community. Then ultimately rolling out the production version of the TAB protocol.

Initial Blockchain: Ethereum
Migration to Alternative Blockchain: Hyperledger Fabric
Expected Network Launch date: 2018
Total amount of Tokens authorized for creation: 1,000,000,000
Amount of Tokens or Rights to Tokens already issued: 0
Will they be listed on Exchanges: Tokens intended to be tradable on registered ATS exchanges upon launch of the services.
- if so, which: TBD

Other Material Terms:

Voting Rights: None
Restrictions on Transfer: 1 year from closing of Offering
Dividends/Distributions: Upon discretion of the board
Redemption Rights: None
Other: N/A

The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items. There is no guarantee that successful development will ever occur. The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.

Tax Advisory: Investors should consult their tax advisors with respect to the tax basis for each of the Membership Units and the Tokens, since they will trade independently.

Jurisdictions: No Investor who (i) resides, (ii) is located, (iii) has a place of business, or (iv) is conducting business (any of which makes the Investor a “Resident”) in the state of New York will be accepted in this offering.

The 10% Bonus for StartEngine Shareholders

Trustabit LLC will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date. This means you will receive a bonus for any units you purchase. For example, if you buy 100 Membership Units at $1 / unit, you will receive 10 bonus units, meaning you'll own 110 shares for $100. Fractional units will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.