Thursday, April 5, 2018

WORLD COIN - Future of Crypto Currency Middle East



In the Middle East, trade has been hampered by a number of different factors, but the main problem is the difficulty of getting money from one place to another to complete a transaction. We solve this problem, while ensuring cash backed securities in the process. Once implemented, you will be able to enter our regional branch and exchange your coins with your preferred local currency. Similar to the check casting process in the US. A diverse group of our different Middle Eastern currencies will create a balance of trade and sparks of dynamic growth in an area, which has been hampered by its moeneter infrastructure in the past.

Introduction

The krypto currency is a booming money market with unseen and visible usage. As everyone will soon know, it forever changed the way we look at the digital economy. But despite having a large coin framework, many popular coins leave the served market from the mix. This is where WorldCoin comes to the level of playing field, helping the Islamic world to follow modern standards and practices. Although we will still work within the framework of sharia law, we also work to grow the most useful Middle Eastern market tool in the last 50 years. It will effectively take on the industry of 100 billion dollars (crypto currency) and introduce it to the trade-hungry Middle East. Instead of trying to reinvent the wheel, our developers will partner with Kyber Network (kyber.network.com) to provide instant, instantaneous currency exchange, no "middle man", a contract-based coin exchange, like being at the forefront of security and accountability. The first in the world of crypto exchange.

Tokens Allocation and Distribution

Token will be distributed in the following proportions:
30% tokens will be sold during presale and crowdsale
2.5% tokens will be backed up for refferal referrals
2.5% Tokens will be booked for Bounty program
A 15% tokens will be offered after platform launch
30% Tokens will be offered to founders, advisors and team members
20% token is allocated to other baya (Operation, Legal, Public Relations, Consultation, Development, Technical Support, and Audit)

About the ERC20 Token (WorldCoin Token)

Ethereum, popular kryptocurrency and blockchain systems, are based on the use of tokens that can be bought, sold, or traded. There are several different tokens that can be used in conjunction with Ethereal, and this is different from ether, which is the original currency of the ethereal block. Token, in this case, is a digital asset that can have various inherent values. They can represent diverse assets like voucer, IOU, or even objects in the real world. In this way, the token is essentially a smart contract that utilizes the Etaceum blockade. One standard token that plaing significant for Ethereum is called ERC20.

Token Specifications

Name WorldCoin
Symbol WLD
Decimals 18

Crowdsale Specification

Start date and time
TBD (first block with timestamp greater than this)
End date and time
(Crowdsale can finish earlier if all tokens are sold)
TBD (last block with timestamp is lower than this)
The minimum number of tokens sold for crowdsale becomes successful (the ether will be returned if it does not work)
100 000
The number of tokens to be sold for the crowdsale is completed before the scheduled date and after some time after this limit is reached (soft cap)
not applicable
The maximum number of tokens (hard cap): sold and ordered for the owner
50 000 000
Token Distribution
For every 30 tokens paid by the buyer, 70 more tokens will be printed and sent to the owner's wallet.
Price Token
1 ETH = 600 WLD
An additional 2.5% bonus bonus will be added as a gift reward, from where
- 1% for buyers
- 1.5% for refferal partners
Transaction gas price limit *

50 Gwei (to be changed before and during ICO to represent the current gas price used by popular wallets by default)

MORE INFORMATION



No comments:

Post a Comment

Geoma DAO

About The Geoma DAO The Geoma DAO ,through the Geoma Dao Association, is a strong advocate for Blockchain Technology and its implemen...