Hi all friends, in this post I will discuss about a new breakthrough that is very promising, this platform is '' ROSCAcoin '' a peer-to-peer platform that combines banking and lending, you try to imagine the benefits that you can get from this platform of course you really want it. For that let's continue the discussion below.
ROSCAcoin is a decentralized blockchain platform that is self-regulating as well as autonomous. The Rotating and Saving Credit Association (ROSCA) is a widely spread and very common method of banking in places like Latin America, Philippines, West Africa and the Caribbean. In this method of banking, a group of people comes together to pool resources which they then take turns to borrow. Money continues to circulate as this is done in cycles. It is a very informal method of banking, saving and lending.
Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through a blockchain, which is a public transaction database. The stability of the database of the chain of transactions is ensured by the use of the cryptographic elements such as a digital signature based on a public key system or sequential hashing.
ROSCAcoin ecosystem offers a transparent, free and effective financial solution, which is can be either used for investment purpose or lending purpose. Here is what you need to know about them
The platform will be developed around seven distributed financial solutions designed to enable access to a diversified array of options:
- ROSCA Lending Circle (RLC)
- ROSCA Credit Store (RCS)
- ROSCA Merchant Program (RMP)
- ROSCA P2P Platform (RPP)
- ROSCA Crowdfunding Platform (RCP)
- ROSCA Charity Platform (RYP)
- ROSCA Lucky Draw Platform (RLD)
The ROSCAcoin Token (RCA) is ERC-20 compatible with a Max Supply of 10 billion RCA. There will be a total of 1.5 billion RCA available for sale. The token sale began on the 1st of April 2018 with an initial price of 1 ETH = 40,000 RCA. You are required to purchase nothing less than 0.001 ETH worth of ROSCAcoin. Once the hard cap is reached, the sale will be closed or it will last till when the sale time ends, whichever comes first. Contributors will be able to receive their tokens within 7 days of the sale ending.
You can contribute directly in token sales and know the discount given here , then how to participate in the token sale you can see step by step here.
This is a roadmap of ROSCAcoin:
- 2017
- September - Market Research
- October - Business Plan, Marketing Plan, Whitepaper Documentation
- 2018
- March - Pre ICO launch
- April - ICO launch
- July - ROSCA Lending Circle (RLC) Core & Mobile Development
- August - ROSCA Lending Circle (RLC) & ROSCA Merchant Program (RMP) MVP Testing, ROSCAcoin listing in token exchange platform
- October - ROSCA Lending Circle (RLC) Final Product Development
- 2019
- January - ROSCA Credit Score (RCS) Product Development
- April - ROSCA Lending Circle (RLC) & ROSCA Merchant Program (RMP) Go Live
- May - ROSCA Credit Score (RCS) Go Live
- August - ROSCA P2P Platform (RPP) Core & Mobile Development
- October - ROSCA P2P Platform (RPP)MVP Testing
- 2020
- January - ROSCA P2P Platform (RPP) Final Product Development
- April - ROSCA P2P Platform (RPP) Go Live
- July - ROSCA Crowdfunding Platform (RCP) Core & Mobile Development
- August - ROSCA Crowdfunding Platform (RCP) MVP Testing
- October - ROSCA Crowdfunding Platform (RCP) Final Product Development
- 2021
- January - ROSCA Crowdfunding Platform (RCP) Go Live
- April - ROSCA Lucky Draw Platform (RLD) Core & Mobile Development
- June - ROSCA Lucky Draw Platform (RLD) MVP Testing
- October - ROSCA Lucky Draw Platform (RLD) Final Product Development
- 2022
- January - ROSCA Lucky Draw Platform (RLD) Go Live
- March - ROSCA Charity Platform (RYP) Core & Mobile Development
- May - ROSCA Charity Platform (RYP) MVP Testing
- August - ROSCA Charity Platform (RYP) Final Product Development
- November - ROSCA Charity Platform (RYP) Go Live
So the reviews I can convey, may be a reference for you investors. my conclusion on this project is that this project is a very good breakthrough and you can definitely judge it for yourself and I highly recommend this project to you, do not miss this precious opportunity.
To find out more about this project you can visit the official website listed below:
Website :
Author : Afrizky R
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1340152
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