Main Components of APC Project

in blockchain •  6 years ago 

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1st. Main component - Holding
The first main component is holding service. Handling fee dividend is the system to divide the 88% of total handling fee paid by traders to APC holders according to their holding ratio.
As an example, in case APX took USD 100,000 as handling fee for one business day, USD 88,000 will be paid to APC holders by their holding ratio the next business day. This dividend system implements every day.
The system to provide APC coin to traders who paid the handling fee for dealing. Providing APC amount is calculated instantly and set as equal to handling fee which a trader has paid.

2nd. Main component - Trading
2nd main component is Handling fee mining. It is the system to provide APC coin to traders who paid the handling fee for dealing. Providing APC amount is calculated instantly and set as equal to handling fee which a trader has paid. For example, in case trader pays Bitcoin 0.001 unit as handling fee, same value of APC is issued and provide to trader who paid Bitcoin 0.001 unit. APC’s first issue amount is 55% of total amount (488,888,888 coins) and rest of amount are provided to people who trade the cryptocurrency at APX as handling fee mining reward. For this reason, the total issue amount of APC will increase and APC holders ratios will dilute unless continue trading at APX. It’s the special feature of APX platform.
This system will lead to attract traders to join this platform and encourage traders to deal frequently. When the issued amount faces the total amount (888,888,888 coins), APC will not be provided anymore. According to our offer of this breakthrough service, we’ll enhance the attractiveness, transparency, safety and persistence of the APX trading platform.
The system to divide the 88% of total handling fee paid by traders to APC holders according to their holding ratio.

3rd. Main component – Debit card
Our third main component is issuing a Debit card. We cooperate with big payment providers such as Visa and issue APX branded original debit card. This debit card will be issued to APX account holders with a simple application. A card holder is able to use the debit service after transferring the cryptocurrency to their debit account on the APX platform. When a user transfers the cryptocurrency to their debit account, it is automatically exchange to fiat currency. After this process, card holders are able to shop over 40 million shops in 200 countries and withdraw local currency at over 2.3 million ATMs all over the world.
There are conditions for using debit cards. APX users can use payment and withdrawal services to debit cards as long as they hold 888 APC at the individual account in APX.
We cooperate with big payment providers and issue APX branded original debit card.

4th. Main component - Lending
The final of main component is a lending service. This service will be provided by cooperating with APF. Existing lending service is based on borrower’s credit situation. For this reason, some of people are not eligible to get a loan depending on various reasons; APF will offer them breakthrough lending services. APF will disburse loan whenever the client can provide major cryptocurrency such as Bitcoin, Ethereum and Ripple as collateral. Disburse amount is depended on it’s cryptocurrency value. This service makes it possible to provide financial services to those who were not able to access it before.
Cooperating with APF, APX will disburse loan whenever the client can provide major cryptocurrency as collateral.

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