Drinking list
IBISCOIN

IBISCOIN as an organization also seeks to create a market spot in the fast-growing CryptoEconomy. The purpose of their venture as well as the designed strategies for achieving their objectives is presented in these section of  paper. Their core objective is to offer lending services to investors in the crypto-market. This is aimed at providing more available resources in the market base and giving more value to their investor’s currencies by repaying the lent currency with not just an interest but an attractive one. Their market structure is well planned such that its sustenance is guaranteed as this tends to be a problem of even the traditional lending platforms.

In order to keep track of all their transactions, they are to make use of a distributed ledger system known as the blockchain. It also used to create their currency as their block managers will generate their coins base on the successful update of the ledger system.

PAYONEER INTEGRATION

Payoneer is a financial services company that provides online money transfer and digital payment services. Payoneer account holders can send and receive funds into their bank account, Payoneer e-wallet, or onto a re-loadable prepaid MasterCard debit card that can be used online or at pointof-sale. The company specializes in facilitating cross-border B2B payments. Payoneer is a registered Member Service Provider (MSP) of MasterCard Incorporated and its headquarter is situated in New York City.

The integration of this financial framework with their system is targeted towards providing a more flexible and accessible service. With the creation of an account with this platform, their investors will be able to get their funds on a daily basis in US Dollars without going through the rigorous stress of currency exchange or conversion.

IBISCOIN (IIC)

The market of today is experiencing a drastic shift from the traditional settings to the modern, which is the Internet-based market. In the e-market, transactions are carried out in similarity to the traditional setting, only that the payment and item selection methods are quite different. IBISCOIN (IIC) as a coin, is here to partake in this fast-growing and efficient market. Architecturally, IIC Coin is created from the Ethereum development framework. The coin is based on the ERC20 Standard which is the criteria needed for the placement of their coin on the Ethereum network, thereby having access to the available features provided by Ethereum. Ethereum is the largest and most well-established, open-ended decentralized software platform that enables smart contracts and Distributed Applications (Apps) to be built and run without any downtime, fraud, control or interference from a third party.

ICO

The widespread of cryptocurrency has been significantly fueled by start-up funds raised via ICO (Initial Coin Offering). ICO is a means by which initial funds are raised for a new cryptocurrency venture, it is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

TOKEN DISTRIBUTION

In order to effectively implement their project as well as have a good control or their market and currency value, they settled on supplying a total of 31,000,000 IIC tokens (31 million tokens), with its ICO parameter as follows. The minimum token for the ICO as presented above is 8,000,000 (8million), has a market value of $7,346.68 (US Dollars).

CONCLUSION

IBISCOIN lending is a cryptocurrency lending service where a user can lend cryptocurrency for a certain period to the platform by agreeing to the loan contract agreement. Upon a successful completion of the agreement, IBISCOIN will return the cryptocurrency with the respective interest rate on top of it.

 

If you want more information, visit the WEBSITE and read the WHITEPAPER.

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