AFRICUNIA — BANKING MODELS
Africunia is registered in the United Kingdom as Africunia Limited, providing Global Banking and Financial Services. The “CUNIA” in “Africunia’ comes from the Latin word “PERCUNIA” meaning “money” or “cash.” whereas “AFRI” is the abbreviated version of AFRICA. Therefore translated — Africunia means African Money or African Cash.
Africuniabintends to bring investment globalization, transparency, and decentralization to the next level by leveraging the ubiquitous Blockchain Technology.
vision for the new standard of tokenized investment platforms that will help to bridge the gap between the fiat and the crypto universes. At its core, Africunia will focus on all aspects of tokenized investment vehicles ranging from technology and infrastructure to legal compliance and the corporate structuring.
To remain within the limits of conventional banking, we will use the API (Authorized Payment Institutions) therefore employing the appropriate standards of services and innovation.
The basis of AFRICUNIA BANK is capital invested increasing in accordance to the customer development in turn maximizing profit return. Also, as far as our technology security is concerned our network architecture is decentralized.
Therefore, data storage, cryptograph encryption and security mechanism for identification, authentication and authorization of individuals or companies are connected by instruments. Nevertheless, processing of data is automated by means of applied AI algorithms
Our primary goal is to become the industry standard and a one-stop shop for setting up tokenized funds, regardless of whether these funds invest in the fiat or crypto universe
- Offering best of both Fiat and Cryptocurrency world
- Promoting sustainable investment of funds
- Developing a standardized platform
- Enhanced transparency
- Scalable fund development
- Market leading compliance
- Development of a standard platform
ICO Token Detail
Token details token/coin symbol: afcash
Token/coin total supply: 500,000,000 (five hundred million afcashs)
Circulating supply: 500,000,000 (five hundred million afcashs)
Token/coin price: 1 afcash = $0.10 usd
Unsold tokens: any unsold token will be burnt
Sharing revenue: at the end each financial year, 20% of africunia bank’s profit will be distributed among all holders of our token (afcash) based on each holder’s share of total amount of tokens issued, and this will be automatically paid out to our coin users in their respective wallets. In other words, you are entitled to africunia bank’s revenue. Consider this as a passive income.
Bounty Campaign Reward Structure
Profits for investors
Advantages for crypto investors:
• New opportunities to access assets from the universe of fiat without leaving the crypto universe to be comforted.
• Unprecedented diversification opportunities due to the low correlation between fiat and crypto assets.
• Access to investment opportunities that can lower the risk profile to complement and balance existing speculative exposures.
Benefits for fiat investors:
• Provision of higher net returns, cost-effective for tokenized fund structures
• Access to new asset classes due to lower barriers to a prepared fund and administration on the Africunia platform.
Our technology will be based on AFRICUNIA PROTOCOL CONSENSUS ALGORITHM (APCA). While APCA will incorporate the following components:
• Server . The server will be the entity that runs the AFRICUNIA Server software that facilitates the consensus process.
• Ledgers . The ledger contains a record of the number of AFCASHs in each user account and will be updated periodically on the network.
• The Last Closed Ledger : The last closed book will be the latest ledger that has been confirmed by the consensus process and represents the current network status.
• Open Ledger : The open ledger will be the current operation status of the node.
How to participate in ICO
We will allow participants to invest using the following methods:
• Purchase a direct credit card or debit card to be cashed in website website.
• Using NAIRA, USD, EURO, and POUNDS STERING fiat currency using Debit Card / Credit Card and SWIFT transfer.
• Purchase directly on the platform of our website by using
The following emergency crypto:
• Public donors will be allocated 50% of AFCASHs.
July 10, 2017 to January 1, 2018Research & Experiment, Researching and experimenting with APCA will be our first step in Africunia Journey.Our developers will develop a prototype dummy Blockchain system based on APCA and test it for the truth, consensus and utility. We’ve researched and experimented with APCA and its applications in Blockchain. This phase will run until January 1, 2018.
1 De sember 2017 to 31 December 2017PRE-ICO, AFCASH Pre-order will open on December 1, 2017 and run for 4 weeks until 31 December 2017. We are targeting BOTOGRAFT 10 Billion tokens with annual inventories of 1 Billion over the next 10 years. January 1, 2018 to February 28, 2018 ICO
ICO ICO AFCASH will commence on 1 January 2018 and run for 2 months until 28 February 2018.
March 1, 2018 to March 31, 2018. Development of prototype blockchain. At this stage, we will develop a Blockchain prototype that will help eliminate ambiguity and improve accuracy with our AFCASH crypto. We expect this step to take 4 weeks and will run from 1 March 2018 to 31 March 2018.
April 1, 2018 to April 30, 2018. Development of blockchain beta version. A beta version of our AFCASH crypto will be developed to help developers understand the ecosystem better because further ambiguity is eliminated. We hope this phase will take up to 4 weeks. Therefore, this phase will run from April 1, 2018 to April 30, 2018.
Website : https://africunia.com/
Facebook : https://www.facebook.com/africunia
Twitter : https://www.twitter.com/africunia
Linked : https://www.linkedin.com/company/africunia-bank
Telegram : https://t.me/africunia
Slack : https://africuniabank.slack.com
Medium : https://medium.com/@africunia
Instagram : https://www.instagram.com/africunia
Youtube : https://youtu.be/SOfxwaB5b2U
May 1, 2018 to May 21, 2017 . ecosystem testing. We will test the system as a whole and make sure it works well and can be operated with the existing system. This stage will take up to 3 weeks and will run from May 1, 2018 to May 21, 2018.
May 31, 2018. Complete development of blockchain technology. We expect complete Blockchain Technology to be completed on May 31, 2018.
June 1, 2018. Launch blockchain and ecosystem. We look forward to launching the Blockchain Ecosystem on June 1, 2018.
June 2018. Solidification and technology expansion. After the launch on June 1, the project will undergo continuous maintenance and development to handle all of the Science and Technology, Machine Learning and major data issues.
• Reserves of companies will be awarded 30% of AFCASHs. The reserves will be part of the company’s revenue source after the distribution period and will be partially allocated between the direct contributor and the core business team if necessary.
• The remaining 20% of AFCASH will be allocated to Established Established Africunia Members and their advisors, partners and campaigners: 15% (Africunia Founders); 3% (Counselors & Partners); 2% (Campaigner). These funds will not soon be traded to continue to motivate the core team after the distribution period