ROSCACOIN FINANCIAL SOLUTION FOR MIDDLE SOCIETY
Now, there are a lot of Crypto currency scattered in cyberspace. They offer different advantages. However, it remains one thing that makes Crypto currency so interested. That is the speed of transfer and very little fee. One of the Crypto currency that will emerge is ROSCAcoin (RCA).
Surely you have not yet known what ROSCAcoin (RCA) is besides Crypto currency? Well, we just peeled what is RCA.
Understanding RCA
ROSCAcoin (RCA) itself is the Crypto currency supported by the Autonomous, Decentralized and also based blockchain based credit and loan saving and loan associations. Well, through this blockchain system, which includes smartcontract, ROSCAcoin can create its own financial solutions. And amazingly, ROSCAcoin uses social proxy capital to work with the best financial options by eliminating higher costs, simplifying financing, increasing investment opportunities and risk losses.
The ROSCA implementation is a group of people who gather together at the same time to store and borrow ideas. It's called a mix of peer-to-peer (P2P) banking and peer-to-peer (P2P) loans.
According to Wikipedia, "FJA Bouman" describes ROSCA as "the bank of the poor, where money is not stuck for too long, but it quickly changes hands, and satisfies consumption as well as production needs."
In developing countries worldwide, more than 1 billion people or 17% use ROSCA to store / borrow and support each other in their trusted communities. In addition, more than 2 billion people or 39% of the world's population do not have bank accounts in the world, and they may need help for some financial activities, such as credit. The banking system is against its purpose to serve the rich, not the poor. For people who do not have a bank account, no good salary, it will be very difficult for them to get financial support
As a bank loan from a traditional financial institution. In fact, this is a group of people most in need of help. In addition, the fees for commercial bank loans will be high for this group of people.
ROSCA world market volume is estimated at more than 500 billion US dollars per year. (The calculation will be 1% -10% of the country's GDP, oriented to India). In addition, the P2P lending market is growing rapidly and has a market capitalization of $ 70 billion per year worldwide.
Mission ROSCACOIN
There are 4 points from making ROSCAcoin:
1. To build sustainable partnerships with wealthy people and companies that will invest to provide financial solutions and seek access to financial opportunities for those in need.
2. Create a decentralized financial solutions system using blockchain technology.
3. Create a transparent platform for the parties involved to enable powerful users to monitor and manage their financial solutions without third party involvement.
4. Create a crypto community where rich and commercial companies connect directly with their stakeholders.
Street map of RoscaCoin
Sales Information Token and Token Information:
Token name: RCA (ROSCAcoin)
Standard: Ethereum ERC20 Standard Token
Total number of tokens: 10,000,000,000 (10 billion) that can not be reissued
Number of tokens sold: 3,000,000,000 (3 billion)
Method of exchange / payment: ETH and BTC
ICO: March 2018
Use of funds allocated by the team:
- 45% of funds received from RCA tokens will be distributed according to the team's pay and benefits, as they believe that team members are the main assets in the ROSCAcoin organization.
- 15% will be allocated for office and overhead expenses, such as office rent, utilities, furniture and installation.
- 15% will be allocated to contractors, including legal counsel, remuneration for outsourcing services.
- 10% is financing marketing activities, and these expenses include business development and digital marketing.
- 10% for other projects, such as sales for ROSCAcoin sales agents, kiosks and building infrastructure for remote areas.
- 5% of the funds form reserves for unforeseen circumstances.
You can visit the site below, if the information that I describe still do not understand for you.
Twitter: https://twitter.com/RoscacoinToken
Website: https://roscacoin.io/
Facebook: https://www.facebook.com/Roscacoin/
Telegram: https://t.me/roscacoin
AUTHOR:Sumurbor
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