introduce our new project for you with ROSCAcoin (RCA) project - it's cryptocurrency, supported by self-governing, autonomous, decentralized, based on rotating blockchain platform and Savings Credit Association (Rosca). With blockchain technology, intelligent functionality, ROSCAcoin can create an ecosystem of financial solutions that use social capital proxies for cooperation with the best financial options by eliminating higher costs, facilitating financing, increasing investment opportunities and risk iversifikatsii.
= ROSCA methods =
The ROSCA method is a group of people who gather together at a certain time to store and borrow ideas. This is a combination of peer-to-peer (P2P) banking and peer-to-peer (P2P) loans. 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 at odds with its purpose of serving the rich, not the poor.
For people who do not have a bank account, there is no good salary, it will be very difficult for them to receive financial support, such as bank loans from traditional financial institutions. 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.
= The mission of the Roscacoin project are :
1. Build ongoing partnerships with wealthy and business people who 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 3 . Create a transparent platform for each involved party to enable users with the power 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.
= Token =
Token name: RCA (ROSCAcoin)
Standard: Standard Token Ethereum ERC20
Number of tokens: 10,000,000,000 (10 billion) non-reissued
Number of tokens sold: 3,000,000,000 (3 billion)
Method of exchange / payment: ETH and BTC
Holding - ICO: March 2018
For allocated funds: - 45% of funds received from RCA tokens will be distributed according to salary and team benefits, as they believe that team members are a key asset in the ROSCAcoin organization. - 15% will be allocated for office and overhead expenses, such as office rent, utilities, furniture and supplies. - 15% will be allocated to contractors, including legal counsel, remuneration for outsourcing services. - 10% is financing marketing activities, and these costs 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 funds form reserves for unforeseen circumstances.
= For more info please visit the link below :
Website : https://roscacoin.io/
Technical description : https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper-V1.0-4.pdf
Twitter : https: // twitter .com / RoscacoinToken
Facebook : https://www.facebook.com/Roscacoin/
Telegram : https://t.me/roscacoin
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