Intra-African Trade and Finance Platform
ImpalaCoin is a digital currency or cryptocurrency that empowers Impala’s banks or financial networks. This project built a crypto bank which included transactional trade and finance. The main targets are informal paper cross-border trade, international SMEs, international supply chain support agencies, and e-commerce businesses.
ICM uses blockchain technology that is supported by POS or proof of ownership, where cryptocurrency networks can be distributed. This POS-based cryptocurrency creates the next block chosen based on random selection and wealth, i.e. pegs. The advantage, POS does not require power and high performance as in Bitcoin and Ethereum. However, ImpalaCoin can provide Android-powered blockchain POS so that it can launch trading activities such as buying, selling, and receiving crypto payments using Mobile payments and cards.
The goal that can be achieved by ICM is to become a pioneering and main cross-border trade crypto currency, which enables international trade between Africa & between Africa and its trading partners.
What is very important for this purpose is to launch the Crypto Bank or Financial network on the biggest Blockchain offline and online economic ecosystem network in the world. Banks or financial networks will be interrelated and can be operated with the Bank, cellular money purses, crypto currencies, payment service providers, sales agent payments, postal companies assisted by cellular sales points and partner terminals.
The Potential of the ImpalaCoin Project We Need to Know
Africa is a continent that is rich in human resources, talent, entrepreneurship, and mineral resources. In addition, it is also one of the fastest growing middle class in the world which is estimated to be around 350 million. But despite progress, Africa was burdened by a situation of poor economic leadership, difficult to convert currencies and old colonial borders used for administration. Instead it is used as an economic market.
Banking penetration there and low insurance also affect 70 to 90% of people do not have bank accounts in Africa. This causes informal exchanges and the money transfer market to be hampered because of the potential for international trade to occur. This condition is also inappropriate when compared to the potential of large-scale cross-border transactions.
ICM has the potential to solve Africa’s real global financial problems, including inflation from advanced currencies and exchange instruments, provide a global village economy with access to consumer and industrial goods, and encourage exports and savings in a stable currency.
Intra-African annual trade value
$ 600 billion
International global remittance. $ 40 billion is part of Africa.
cross-African and inter-African borders and international trade are carried out by informal cross-border traders and SME traders
The trade value of countries on the One Belt One Road trade route
$ 300 billion
Annual international trade between China and Africa.
Value of cash trading in emerging markets
The number of registered mobile money accounts
$ 1 billion
The amount is processed through cellular money in a day.
Mobile wallet in Africa.
A mobile money account is registered in East Africa.
$ 18 billion
The annual value of informal trade across East African borders.
Token Name: ICM
Token Platform: Stellar
Token type: Utility
PraICO Schedule: 2018-11-01 – 2018-12-31
PreICO Price: 1 ICM = 0.15 USD
ICO Schedule: 2018-10-01 – 2019-03-31
Price at ICO: 0.1800 USD
Min. investment: 50 USD
Accept payments: ETH, BTC, XLM and Fiat currencies
Token distribution at ICO: 65%
Soft cap: 1.000.000 USD
Hard cap: 50.000.000 USD
- Elsie Njane, CEO and Co-Founder
- John Mutuku, COO Co-Founder
- Michael Wakahe, Director
- Rodgers Kebabe, Head of Marketing
- Eugene Chimita, Chief Technology Officer
- Kelvin Again, System Administration
- Simon Mwania, Chief Financial Officer
- Mercy Maithya, Digital Marketing
- Mr.Chan, Strategy Advisor
- Maureen Mutua, Advisor to AML Kyc
- Ollie Walsh, Marketing and Strategy Advisor
- Period, Technical Development and Software
- Herve Lacorne, Growth Advisor and Inovas
Ann: https://bitcointalk.org/ index .php? topic = 5080574
Reddit: https: // www .reddit. com / user / IMPALACOIN