ROSCAcoin Finance for the Ordinary

lunafreya (44)in #ico • 6 years ago

Hello everyone!
Today I am gonna tell you about ROSCAcoin . ROSCAcoin ico stage 2 end in 5 days. You still have chance to join. ROSCAcoin (RCA) is a cryptocurrency which supported by a self-regulating, autonomous, decentralized, blockchain powered Rotating and Saving Credit Associations (ROSCA) ecosystem platform.
It has been rated 3.1 at icobench which is a platform that rates ICOs based on different aspects. And you can find about project and their main idea, soulutions and Ico in this article.

Take a look their website here:
https://roscacoin.io

Decentralized financial solution for ordinary powered by Ethereum

About ROSCAcoin

ROSCA method is a group of individuals who agree to meet together for save and borrow purpose with a defined period. It is a form of combined peer-to-peer banking (P2P) and peer-to-peer lending (P2P).

There are more than 1 billion people or 17% adults in developing countries around the world using ROSCA to save/borrow and support each other within their trusted community. Besides, more than 2 billion individuals or 39% of the world’s population don’t have bank account in the world and they might need help for some financial activity like loan. The bank system is contradicted as their purpose is to serve rich people instead of poor people. For people who don’t have bank account, don’t have good pay job and bad credit score, it will be very hard for them to get financial support like bank loan from traditional financial institution. In fact, they are the group of people which need help the most. Besides, the cost for commercial bank loan will be high for this group of people.

The global market size of the ROSCA is estimated more than 500B USD per year. (The calculation taken will be 1%-10% times the GDP of the country benchmark by India) Besides, the P2P lending market is growing rapidly and has a market size of 70B USD per year globally.

Token details:

Token: RCA
Platform: Ethereum
Type: ERC20
Pre ICO price: 1 ETH = 40,000 RCA
Price in ICO: 1 ETH = 22,000 RCA
Tokens for sale: 30,000,000,000
Country: Singapore
Whitelist/KYC: KYC

Investment information:

Accepting: ETH, BTC
Distributed in ICO: 30%

ROADMAP

2017 September
Market Research October - Business Plan, Marketing Plan, Whitepaper Documentation.
2018 March
March - Pre ICO launch.
April - ICO launch.
July - ROSCA Lending Circle (RLC) Core & Mobile Development.
August - ROSCA Lending Circle (RLC) & ROSCA Merchant Program (RMP) MVP Testing, ROSCAcoin listing in token exchange platform.
October - ROSCA Lending Circle (RLC) Final Product Development.
2019
January - ROSCA Credit Score (RCS) Product Development.
April - ROSCA Lending Circle (RLC) & ROSCA Merchant Program (RMP) Go Live.
May - ROSCA Credit Score (RCS) Go Live.
August - ROSCA P2P Platform (RPP) Core & Mobile Development.
October - ROSCA P2P Platform (RPP)MVP Testing.
2020
January - ROSCA P2P Platform (RPP) Final Product Development.
April - ROSCA P2P Platform (RPP) Go Live.
July - ROSCA Crowdfunding Platform (RCP) Core & Mobile Development.
August - ROSCA Crowdfunding Platform (RCP) MVP Testing.
October - ROSCA Crowdfunding Platform (RCP) Final Product Development.
2021
January - ROSCA Crowdfunding Platform (RCP) Go Live.
April - ROSCA Lucky Draw Platform (RLD) Core & Mobile Development.
June - ROSCA Lucky Draw Platform (RLD) MVP Testing.
October - ROSCA Lucky Draw Platform (RLD) Final Product Development.
2022
January - ROSCA Lucky Draw Platform (RLD) Go Live.
March - ROSCA Charity Platform (RYP) Core & Mobile Development.
May - ROSCA Charity Platform (RYP) MVP Testing.
August - ROSCA Charity Platform (RYP) Final Product Development.
November - ROSCA Charity Platform (RYP) Go Live.