ROSCA is a platform dependant upon blockchain, it also self-regulating, autonomous, and decentralized. ROSCA stand for Rotating and Saving Credit Association ecosystem platform. It using smart contracts that able to construct a financial solution and are able to give you better financial options by eliminating higher borrowing cost, better investment options, easier financing and numerous other. ROSCA (Rotating and Saving Credit Associations) with the platform ecosystem is friendly and smart. Imagine, possess social system of the community before it can be solved with ROSCA because all layers of society can be in it. If we look in the method applied by ROSCA it may be like poor man bank in which there is a combination of weak economic indipvidu. Who find themselves unpretentious agree on the rules they make in order to achieve the savings and loans in a specialized period of time.
ROSCA world market volume is estimated at very 500 billion US dollars per year. (Calculations will be 1% -10% of the nation’s GDP, oriented to India). In addition, the P2P lending market is rapidly expanding and has a market capitalization of $ 70 billion per year generally.
Build ongoing partnerships with wealthy and business people who’ll invest in exact sneakers vision to provide financial solutions and seek accessibility of economic facilities for the needy.
-Build ongoing partnerships with wealthy and business people who will invest to provide financial solutions and seek access to financial opportunities for any in need.
-Create a decentralized financial solutions system using blockchain computer.
-Create a transparent platform for each involved party to help users with the force to monitor and manage their financial solutions without to be sure involvement.
-Create a crypto community where rich and commercial companies connect directly their own stakeholders.
With blockchain technology that includes smart contract features, ROSCAcoin is capable build ecosystems of monetary solutions that leverage social capital and trust to collaborate with better finance options by eliminating higher borrowing costs, easier financing, better investment options and risk diversification.
How ROSCACOIN is prosperous?
After you registered you can start employing ROSCA services. One of the most popular and become first and main service is ROSCA Lending Circle (RLC). This consist one leader which generate a pool on a very good contract platform and invite 11 participants on the circle. The time is 12 months or one new year. So everyone input coins and deposit in the circle for the first round. After instantly input the tokens they start bidding interest. The highest interest bidder maintain a pool of total coin after pay each participant 200 coins. The participant who got the coin in the first round tend to be freeze member associated with circle. After that, they can begin their second complete. It continues until 12 appointments. The last got coin could be the leader. The longer you get turn getting coin the higher ROI you bought. If you become a leader you also can get some advantages from system.
-ROSCA Lending Circle (RLC)
-ROSCA Credit Score (RCS)
-ROSCA Merchant Program (RMP)
-ROSCA P2P Platform (RPP)
-ROSCA Crowdfunding Platform (RCP)
-ROSCA Charity Platform (RYP)
-ROSCA Lucky Draw Platform (RLD)
Token name: RCA
Standard: Ethereum ERC20 Standard Token
PreICO Price 1 ETH = 40,000 RCA
Price 1 ETH = 22,000 RCA
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
Each platform always be developed progressively, and also the whole ecosystem is projected to complete in year 2022. Besides that, to help also invest in one potential projects which able to boost our ROSCAcoin attractiveness. ROSCAcoin Ecosystem Platform is built on Ethereum platform which compatible with ERC20 standard.
You can buy the token in ICO token sale. The pre ICO begin in March 2018 and the ICO begin in April 2018. ROSCA lending circle (RLC) will be developed, tested and launched in the rest of 2018 and early 2019. In 2022 the team planned to make all 7 ROSCAcoin service completed and predesigned.
September — Market research
October — business plan, marketing plan, documentation
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)
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
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)
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
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
Website : https://roscacoin.io/
Whitepaper : https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper1-V1.0.pdf
Twitter : https://twitter.com/RoscacoinToken
Github : https://github.com/roscacoin/roscacoin
Bounty thread : https://bitcointalk.org/index.php?topic=3162562.0
create by humanitee
ETH address 0xC53AF309cb2c85F830148EDf1dfa4B2520E56594