Africunia Cryptocurrency the first indigenous African. Its name is like one of the continent's name in the world that is AFRICA, so far Africa is still in the eyes of one eye. AFRICANIA plans to reach the scale to offer traditional and emerging banking products in tech driven Blockchain era era, which at eventually becoming a one stop shop for all banking requirements.
AFRICUNIA introduces an innovative banking model that enables the use of digital currencies without the hindrances, risks and technical barriers associated with ownership, transfer, and crypto trade and evidence.
The AFRICUNIA Platform is a United Kingdom-based registered platform as AFRICUNIA LIMITED and provides Global Banking and Financial Services. "CUNIA" in "AFRICUNIA" is derived from the Latin "PERCUNIA" meaning "money" or "cash." While "AFRI" is a shortened version of AFRICA. Therefore translated - AFRICUNIA means African Money or Cash of Africa.
AFRICUNIA introduces an innovative banking model that enables the seamless use of digital currencies, risks and technical barriers associated with ownership, transfer, and trade of cryptocurrency and token. It is open exclusively for investment during ICO and it is a third generation closed fund that uses BlockRain Technology AFRICUNIA to create a bank-2-bank and peer-to-peer cryptocurrency called AFCASH.
AFRICUNIA intends to bring globalization of investment, transparency and decentralization to the next level by utilizing the ubiquitous Blockchain technology. AFRICUNIA offers a vision for a new standard tokenized investment platform that will help bridge the gap between natural and crypto nature. In essence, AFRICUNIA will focus on all aspects of token vehicle investment from technology and infrastructure to legal compliance and corporate governance.
AFRICUNIA is in the process of implementing AFCASH - crypto-based on the AFRICUNIA Protocol Consensus Algorithm (APCA) to address the currently solved, partial issues of truth, consensus and utility. The main objective of Africunia is to develop new standards for forested investment that will act as a catalyst to bridge the gap between fiat and cryptocurrencies.
Africunia offers a vision for new standards of tokenized investment vehicles that will help bridge the gap between conventional and crypto universes. In particular, the AFCASH platform will be a one-stop shop solution for asset managers who want to create and manage the appropriate funds. In essence, AFRIKAUN will implement the benefits of Blockchain technology everywhere in the world of traditional investment. If you ever hesitate to use Blockchain technology for a classic investment, AFCASH AFRICA will be your solution. It combines all aspects of tokenized vehicle investments ranging from technology to infrastructure and legal compliance to creating responsible "cryptocurrency".
Advantages Africunia
1. Offer the best cryptocurrency from Fiat world. Most investment platforms that are given tokens are fully codified or pegged to some tradable assets such as gold or currency. This siled approach hampers diversification. AFRICA intends to create a platform for users to benefit from both, including decentralization, transparency, and exchange rates.
2. Promote ongoing fund investments. All token funds will be reviewed and approved by our advisory laws to ensure full compliance with existing laws. By sifting through these risks early on, AFRICA will increase investor confidence and offer the necessary sustainable investments.
3. Develop a standard platform. Setting up the right investment structure is a difficult and costly job. Not all prepared funds create an appropriate structure, increasing the risk of regulation for investors. AFRICA believes that this is a good time to launch industry standards to set up a token investment platform.
4. Increased transparency Signatures for the benefit of funds - or part of the profits provide accountability and transparency of the investment process. The required transparency will significantly improve the accountability of the investment manager.
5. Develop measurable funds. By using the AFRICUNIA platform, approved investment managers will manage and run token investment funds without constraints and require IT development efforts and legal infrastructure.
TECHNOLOGY
To stay within the limits of conventional banking, we will use the API (Authorized Payment Agent) for using
service standards and appropriate innovations.
The base of AFRICUNIA BANK is an increase in capital invested according to customer development which in turn maximizes profit.
Therefore, data storage, cryptographic encryption and security mechanisms for the identification, authentication and authorization of individuals or corporations are linked by the instrument.
However, data processing is done automatically using the applied AI algorithm
THE VALUE OF AFRICA PROPOSITION
The main purpose of this platform is to become the industry standard and department store to set up tokenized funds, regardless of whether these funds invest in fiat or crypto world. The value proposition of the AFRICANIA platform is listed below:
1. Offering the best of both worlds Fiat and Cryptocurrency
The majority of well-entrenched investment platforms are either completely crypto-oriented or pegged to some tradable assets such as gold or fiat currencies. Such an approach hampers diversification. The team intends to create a platform that allows users to get from both including decentralization, transparency, and exchange.
2. Promote sustainable fund investment
The Team will ensure that the token-funded funds will be reviewed and approved by AFRICANIA's legal counsel to ensure they are fully compliant with existing laws and regulations. By sorting this risk from scratch, AFRICUNIA will increase investor confidence and offer the necessary sustainability of the investment process.
3. Develop a standard platform
Arranging the right investment structure is very difficult and the cost is very expensive. Not all formation of tokenisasi funds have the appropriate structure, thus increasing the risk of regulation for investors. AFRICUNIA believes this is the perfect time to launch industry standards to set up a token-based investment platform.
4. Improved transparency
Interest obligations in funds, or profit sharing provide accountability and transparency in the investment process. The much needed transparency will significantly improve the accountability of the investment manager.
5. Development of scalable funds
By using the AFRICANIA platform, approved investment managers will manage and run token-treated investment funds without stress, pain and efforts to develop the necessary IT and legal infrastructure.
6. Market Lead Compliance
All initialized funds will continue to be reviewed by AFRICUMIA legal counsel to ensure they are fully compliant with applicable laws and regulations. By sorting this risk from the start, AFRICUNIA will increase investor confidence and offer the necessary sustainability of the investment process.
7. Development of standard platform
The team created a scalable low-latitude standard platform that would allow different categories of users to have access to features. Both those who are in the investment market and those who invest privately will benefit from a platform created exclusively by user-friendly users.
Profits for investors
Advantages for Crypto Investors:
• New opportunities to access assets from the universe without leaving the crypto world to be entertained.
• Unprecedented diversification opportunities due to low correlations 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, cost-effective net income for signaling fund structures
• Access to new asset classes on the Africunia platform.
AFCASH TOKEN
AFCASH is a digital coin to be created by AFRICUNIA BANK. It is important to point out that AFCASH not only becomes CryptoCurrency, it will create an Ecosystem that will help bridge the gap between fiat and crypto universe and enable users globally, but especially in Africa, to help themselves. The AFCASH platform will unify all transactional aspects typically handled using fiat currency and provide some crypto related services in one place.
Token info
Invest in Pre-ICO Africunia and make history by joining the First Digital Bank of the Crowdfunded 100% Africa. The initial pricing of 1 AFCASH is set at $ 0.10 USD during Pre-
ICO and ICO. Capital that has been placed in the Project for
funding, media coverage through Project development and
dividend expectations will be a key form factor for AFCASH
exchange rate after being listed on the cryptocurrency exchange after ICO. Minimum
purchase amount for all payment types: USD, EUR, POUNDS,
NAIRA bank transfer and debit / credit card payment
Visa / Mastercard) is 100 AFCASH
Pre-ICO is launched on December 1, 2017 at 12:00 UTC and will be
runs for 4 weeks, ends on 31 December 2017 at 12:00 UTC.
ICO was launched on 1 January 2018 at 12:00 UTC and will take place
for 3 months, ending on 31 February 2018 at 12:00 pm UTC
Token: AFCASH
Platform: Ethereum
Type: ERC20
Price in ICO: 1 AFCASH = 0.10 USD
Accepting: BTC, ETH, XRP, LTC, MIOTA, Various, Fiat
Distributed in ICO: 50%
Soft cap: 2,000,000 USD
Hard cap: 50,000,000 USD
Tokens for sale: 500,000,000
Roadmap
Team Africunia
AFRICANIA consists of great people and experts in their respective fields, here are the teams joined in the AFRICANIA project:
TEAM
Chancellor Nzenwa Founder & President
Madeleine Winkler Company Secretary
Gérald Tissière Chief Technology Officer (CTO)
Irina Yuhanyuk Marketing Director
Dieter Frank Wipf Business Development Director
Christian Abomo Operational Director, West & Central Africa
Tetiana Liulka Social Media Director
Oksana Sokolovska
Sina Ickler Coordinator, Languages & Translations
Christian Bogdan Blockchain Developer
ADVISORS
Barrister Miletus M.O. Ncledim
Attorney / Legal Advisor
Vasyl Pavlovych
Financial Advisor
Michael W. Büchi Financial & Diplomatic Advisor
Nesto Boccovi Financial Advisor
Gregor Novak Technological Advisor
Karl Hartmann Technological Advisor
That's my explanation of Africunia, Hope this helps you to join this project soon. To find more information please visit some of the official links below:
Whitepaper: https://africunia.com/wp-content/uploads/2018/02/AFCASH-Whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=2847593
Bounty: https://bitcointalk.org/index.php?topic=2875357.0
Facebook: https://www.facebook.com/africunia/
Twitter: https://www.twitter.com/africunia/
Author AUDREY23
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