ROSCACOIN DO YOU WANT KNOW

Best wishes for all of us, on this occasion I will review a little about Understanding
The ROSCA method is a group of individuals who agree to meet together to store and borrow destinations for a specified period of time. This is a mixed form of peer-to-peer banking (P2P) and peer-to-peer lending (P2P).

According to Wikipedia 'FJA Bouman describes ROSCAs as "the bank of the poor, where money is not idle for too long but changes hands quickly, satisfying both consumption and production needs.

The Roscacoin system is serving the poor

For people who do not have a bank account, do not have good salaried jobs and bad credit score, it will be very difficult for them to get financial support such as bank loans from traditional financial institutions. In fact, they are the group of people most in need of help. In addition, the fees for commercial bank loans will be high for this group of people,
So the solution is Roscacoin

If interested please ask and check our social media channels

https://www.roscacoin.io/
https://t.me/roscacoin

Our Roscacoin uses Blockchain technology platform

With blockchain technology that includes smart contract features
ROSCAcoin is able to build an ecosystem of financial solutions that leverage social capital and trust to collaborate with better finance options by eliminating higher borrowing costs, easier financing, better investment options and risk diversification.
The ROSCAcoin Ecosytem platform will offer a variety of financial solutions to users, among others
1.ROSCA Lending Circle (RLC)
2.ROSCA Credit Score (RCS)
3.ROSCA Merchant Program (RMP)
4.ROSCA P2P Platform (RPP)
5.ROSCA Crowdfunding Platform (RCP)
6.ROSCA Charity Platform (RYP)
7.ROSCA Lucky Draw Platform (RLD)

Let's discuss them one by one

Rosca Credit Score (RCS)

ROSCA Credit Score (RCS) is our second product. The purpose of building this product is to increase trust in users who participate in the ROSCA loan loop. For example, users who fulfill contracts often participate in large amounts of ROSCA loan circles will get higher credit scores, reduce collateral and increase investment limits in the ROSCAcoin Ecosystem platform, while unrelated users to contribute and participate less in ROSCA Loop Rings will get a score low credit and demanded a higher guarantee and limited investment in the ROSCAcoin Ecosystem platform. In addition, credit scores can be shared with third-party entities for the purpose of proof of credit history, and may be viewed by other users for loan consideration or investing in a particular user.

By applying ROSCA credit scores, we believe that this will have a positive effect in a society where good users will remain, and bad users will be eliminated. In addition, it will also help other users to make decisions about their investments and reduce risk.

ROSCA Loan Circle (RLC)

ROSCA Lending Circle (RLC) is our first and main product. It contains the ROSCA methodology and consists of a blockchain smart contract that automates the storage, borrowing and other ROSCA processes. The ROSCA loan circle presents the amount of contributions, the allocation of funds for the bidding process and withdrawals of funds each month. Platforms can be easily operated and managed through their websites and mobile devices. Due to the nature of the product network, users can create or join a ROSCA loan circle in a trusted community and therefore can expand the web network. In addition, we will provide incentives to users who create a set of services that will provide financial services and assistance to the people they need. In addition, participants can earn interest also based on the interest they offer. With the technology adopted, we can strengthen and improve the ROSCA method by automating processes, making or improving credit scores and eliminating potential risks and fraud. Last but not least, our platform will support stablecoin as it is pegged one to one with fiat currencies that improve stability and reduce vitality.

Platform ROSCA P2P (RPP)

ROSCA P2P Platform (RPP) is our third product. Peer-to-peer (P2P) lending is a method of debt financing that allows individuals to borrow and lend money without an intermediary like a conventional financial institution. With peer-to-peer loans, borrowers take loans from individual investors who are willing to lend their own money to an agreed interest rate. The credit value of ROSCA Credit Score (RCS) from the borrower is available for viewing so investors can determine the risk of lending their money

ROSCA Crowdfunding Platform (RCP)

ROSCA Crowdfunding Platform (RCP) is our fourth product and it is a product to achieve dreams. We welcome anyone who wants to achieve their dreams and anyone who is willing to support others to achieve their dreams. We enable two types of crowdfunding such as in crowdfunding the soft (collection of investments, etc.) and the hard crowdfunding (machine / IOT / physical assets). Anyone can invest a percentage of the stock in a pool of investments or machinery that will generate income and in return will receive a portion of the earnings / dividends therefrom. With this scalable and democratic model, we are able to open billions of investment opportunities previously controlled by centralized institutions. The goal is to drive more business opportunities and stimulate young minds to innovate new business models into the digital economy. We believe through this platform, it will expand the market for most business sectors by presenting opportunities for people to form their own business and achieve financial freedom. The startup process will be managed by smart contracts automatically without
the need for intermediaries or intermediaries.

The ROSCA Merchant Program (RMP)
is a program for our community (users using our platform) that allow members to use ROSCAcoin to trade for goods or services.

ROSCA Charity Platform (RYP)

ROSCA Charity Platform (RYP) is our seventh product. The purpose of this platform is to meet the adoption of Blockchain technology, fraud and bias on disbursement of charity funds will be regulated and distributed to eligible recipients.

In every quarter of a year, our team will collect and rate requests from nonprofits, then post the proposed charity program in this platform. ROSCAcoin will lead the initiative to contribute contributions to the program. All users are welcomed to contribute in a charity program posted on free will.

** The ROSCAcoin product range will be upgraded as business grows.

ROSCA Lucky Draw Platform (RLD)

The ROSCA Lucky Draw Platform (RLD) is the sixth product for the ROSCA ecosystem. This is a fun and exciting platform for all ROSCAcoin users. The platform is designed to collect 10 RCAs at the start of each quarter of the year. All collected coins will be stored in the pool. At the end of each quarter, the platform automated system will randomly select Winners who have donated coins in the pool.
The prize will be as below:

The winner of the prize
30% of The first winner
total coins in swimming pool
Second winer20% of total coins in swimming pool Third winner10% of total coin in poolConsolation Winner (40 users) 1% of total coin in swimming pool

The RLD Platform will charge 5% of each Winner as transaction fee

The automated system is operated through Blockchain and intelligent contracting technology, from which a lucky winner in a pool is random and free of manipulative behavior

Each platform will be progressively developed, and the entire ecosystem is projected to be completed by 2022 In addition, ROSCAcoin will also invest in some potential projects that can raise the public trust of cryptocurrency to ROSCAcoin.

The ROSCAcoin Ecosystem platform is built on the Ethereum platform that is compatible with the ERC20 standard. It will receive Bitcoin and Ethereum Token instead of Token ROSCAcoin This will stimulate the demand for the crytocurrency mentioned earlier and hence further increase their value to crytocommunity.
ROSCAcoinToken (RCA) will be used across all ROSCAcoin Ecosystem platforms as it will simplify the process and drive unlimited business citizenship where everyone in the world can tangle globally.

Why choose Roscacoin

ROSCAcoin (RCA) is a self-regulated, autonomous, decentralized cryptocurrency, a Ro Tating-powered blockchain and a S aving C redit A ssociations (Rosca) ecosystem platform. With blockchain technology that includes smart contract features, ROSCAcoin is able to build ecosystems of financial solutions that leverage social capital and trust to collaborate with better finance options by eliminating higher borrowing costs, easier financing, better investment options, and diversification risk.
It is estimated that each year the global market size of ROSCA is more than 500B USD. But if the P2P loan grows globally every year up to 79B USD. While the India State benchmark calculations performed will be 1% -10% times GDP

MARKETING STRATEGY

ROSCAcoin will work with professional and reliable media companies
ROSCAcoin will work with local communities as well as NGOs to penetrate the market.
ROSCAcoin will hire local staff for local market penetration.
ROSCAcoin will use digital marketing to promote the product
ROSCAcoin will appoint a professional bounty team to promote and introduce our project during the ICO period.

TOKEN Specs

Token Name: RCA (ROSCAcoin) Token Standard: Ethereum ERC20Number of token: 10 000 000 000Kuantitas Token for sale: 3 000 000 000Internet / Payment Method: ETH and BTC Pre-ICO Method: March 2018

ROAD MAP

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.

For questions interested in investing please contact the address below

https://roscacoin.io
https://t.me/roscacoin

Username Bitcointalk, karsipan