africunia ICO Review- Digital banking on the blockchain.......
Africunia proposes an entire digital technology and financial investments, the aim of this african project is to offer the usual tradisional banking servis , but via more techonologically advancad methods, they propose a simple to use system.
they intend to operate banks with no physical presence, and no geographical limitations. Africunia introduces a blockchainbanking model improving ease of transactions, eliminating delay or errors.
AFRICUNIA IN FIGURES AND QUICK FACTS>>>
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Token : Afcash token
Token worth : $0.10 USD
Number of token : 10 billion { 1 billion to be dispensed annually over a ten year span }
pre ico stars : 1st desember 2017
pre ico ends : 31st december, already over
ico stars : 1st january 2018
ico ends : 28st february 2018
AFCASH TOKEN
Africunia is creating its own token called afcash , based on ethereum ERC20 standars.
Afcash is going to server as a medium of exchange like regular currencies.
this digital currency owned by africunia will aese banking transactions, as it forms a link between physical and digital financial transactions, while it has the primary aim of helping fiat currencies in africa it would also serve as a bridge between africa and the rest of the world..........
afcash can be bought during its ico stage which opened on the 1st december and ends february 28th. after this period tokens can be withdrawn by investors from the ico platform into their wallets.......
tou can buy with bitcoin , ethereum, credit card, debit card, or paypal, you can pay directy into one of africunia's bank accounts depending on your location....
THE REVENUE SHARING SYSTEM ;
Annually , all holders of afcash will share from 20% of the total profit generated by africunia that year....
THE BOUNTY CAMPAING ;
To reward investors for creating public awareness, africunia is offering 2% of the total tokens issued during the ico....
THESE ARE THE APPROVED BOUNTY CAMPAING MARKETING PLATFORMS ;
FACEBOOK with 10% of bounty pool..
TWITTER with 10% of bounty pool...
INSTAGRAM, YOUTUBE, GOOGLE+, and STEEMIT with 10% of bounty pool...
BITCOIN talk signature campaing with 10% of bounty pool....
BITCOIN talk thread campaing with 15% of bounty pool....
BITCOIN talk translation campaing with 15% of bounty pool....
BITCOIN Thread support/ bloggers exlusive campaing with 30% of bounty pool....
TOKEN DISTRIBUTION
- Public contributors -50%
- Africunia projects development, africunia foundation, africunia social and ecological projects -30%
- Africunia founders -15%
- Advisords, partners -3%
- Bounty campaing -2%
TEAM
Africunia's website list five core executive members of the team, along with twelve staff ranging from marketers to programmers to legal advisers and more, each department is well equippedwith staff who are well trained and have at least a decade of experience in their respective fields.....
SOCIAL MEDIA PRESENCE AND DIGITAL FOOTPRINT...
Africunia has a low social media presence .
Facebook appearts to be where its social media presence is strongest, however, across other social network its relatively weak.
Below are their social media follwers at the time of writing ...
Twitter 123
Facebook 886
Linkedin 35
Instagram 371
youtube 26
Early stages of icos oftne have a low social media following but more work needs to be done ...
COMPETITION
The idea of a cryptocurrency offered with a banking model is still an innovation in the cryptocurrency world , so africunia could face little competition, however , near competitors would be those offering payment solutions.
the indigenous continental perspective it is coming from is unique and may reflect positively on the ico...
WEBSITE QUALITY AND LAYOUT ;
Africunia is professional and easy to navigate, with ico, roadmap, technologies, the team, documents, contacts, register/login hyperlinks on the home page linking to more detailed information, the website offers 13 languages....
WHITEPAPER ;
the white paper is simple, yet professionally written, it is persuasive, on the other hand it lacks sufficient information about the future prospects of afcash...
they provide other documents like a privacy policy, business prospectus, escrow details, and terms and conditions, this is commendable...
ADVANTAGES ;
The introduction of POS would be a great innovation in the cryptocurrency market.
Holders of afcash share 20% of profit earned annually by africunia.
It comes with a banking model and not just as another digital currency, thus, it would have a complete financial institution.
DISADVANTAGE :
- They have low visibility.
CONCLUSION
Africunia offers both a banking model and a cryptocurrency to make banking transactions easier and faster , as a full digital bank , they would also render other banking transactions and services, such as crypto POS services..
for more information visit the link below...
WEBSITE : https://www.africunia.com/#/app/home
WHITEPAPER : https://africunia.com/docs/whitepaper.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=2847593
FACEBOOK : https://www.facebook.com/africunia/
TWITTER : https://twitter.com/africunia/
TELEGRAM : https://t.me/africuniabounty
AUTHOR : Bitcoin demon
https://bitcointalk.org/index.php?action=profile;u=2078332
MY ETH :
0x818D08fC7987C07f05c707C501e645a1fE262862
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