ROSCAcoin-Effective financial solutions

ROSCAcoin (RCA) - it's cryptocurrency, supported by self-governing, autonomous, decentralized, based on rotating blockchain platform and Savings Credits Association (Rosca). With blockchain technology, which includes smart function contracts, ROSCAcoin can create ecosystem financial solutions that use proxies social capital for cooperation with the best financial options by eliminating higher costs, facilitating financing, increasing investment opportunities and risk iversifikatsii.

The ROSCA method is a group of people who gather together at a certain time to store and borrow ideas. It is a mixed form of peer-to-peer banking (P2P) and peer-to-peer (P2P) lending.

According to Wikipedia, "FJA Bouman" describes ROSCA as "the bank of the poor, where money does not go long, but quickly changes hands, satisfies consumption and 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 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. (Calculations 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 globally.

Mission:

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.

Create a decentralized financial solutions system using blockchain technology.

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.

Create a crypto community where rich and commercial companies connect directly with their stakeholders.

TECHNICAL CHARACTERISTICS

Token name: RCA (ROSCAcoin)

Standard: Ethereum ERC20 Standard Token

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

Holding -ICO: March 2018

Use allocated funds team:

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 sales agents ROSCAcoin, kiosks and building infrastructure for remote areas.

5% of the funds set up reserves for unforeseen circumstances.

Roadmap

2017

    September - Market research

    October - business plan, marketing plan, documentation

2018

    March - ICO launch

    April - launch of ICO

    July - Core Development & Development ROSCA Lending Circle (RLC)

    August - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Testing MVP, enabling ROSCAcoin in token exchange platform

    October - Development of final product ROSCA Lending Circle (RLC)

2019

January - ROSCA product development (RCS)

    April - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Go Live

    May - ROSCA credit rating (RCS) Go Live

    August - Platform ROSCA P2P (RPP) Core & Mobile Development

    October - testing MVP P2P (RPP) MVP platform

2020

January - Develop ROSCA P2P platform (RPP)

    April - ROSCA P2P Platform (RPP) Go Live

    July - ROSCA Crowdfunding Platform (RCP) Core & Mobile Development

    August - MVP Test on platform Crowdfunding Platform ROSCA (RCP)

    October - Development of final development of ROSCA Crowdfunding Platform (RCP)

2021

    January - ROSCA Crowdfunding Platform (RCP) Go Live

    April - ROSCA Lucky Draw Platform (RLD) Core & Cellular Development

    June - MOS Testing ROSCA Lucky Draw Platform (RLD)

    October - ROSCA Lucky Draw Platform (RLD) Development of final product

2022

    January - ROSCA Lucky Draw Platform (RLD) Go Live

    March - ROSCA Charity Platform (RYP) Core & Cellular Development

    May - ROSCA Charitable Platform (RYP) Test MVP

    August - ROSCA Charity Platform (RYP) final product development

    November - ROSCA charity platform (RYP) Go Live

TEAM

ADVISORS

For more information: 

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

Author: black Vario

My Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1624712

ETH Address : 0xB2d70D6535e16EE25c26f96530254d1f0d73812F