Investing in other countries
Politicians keep on talking about the globalization and integration. They say that borders are becoming thinner, it is easier to invest money in other countries, and you are free to support any project you want. Real situation is slightly different.
Just imagine that you would like to invest some money in Indian startup project. Where should you go to make this happen? Is it real to transfer fund online? What are the fees? All these questions may be answered by experienced person, which is keen on legal and economical relations between deferent countries, which makes such investment almost impossible or completely unprofitable for ordinary person. Therefore, some part of money does not work, while prospect projects do not get funding they need, and both parties lose the opportunity to get profit. Is it possible to change things?
Unified Global Digital Startup Ecosystem
This is very ambitious project, which is run by Moolyacoin, blockchain-based ecosystem for financial transactions and startup funding in particular. Let us go back to the previous example. Startup you would like to fund is located in India. You do not know how to transfer money directly and you want somebody to control the usage of your investments. Both wishes are understandable. It makes you to find some platform, which is covering Indian startups, and here the extra expenses start to appear. Get it right, we do not have anything against fees, but sometimes they are enormous, especially, when we are talking about international money transfers.
Now let’s count total number of commissions together. You enter your credit card information and transfer money to the controlling platform. When deposit is made, you pick the project and send money to them. Here you pay fee for transfer and fee for conversion of currency. Team has bank account, so the bank get one more fee. In such way, you can lose from 10 to 20% of total investment, which will have negative influence on your future profits.
With Moolyacoin thing will become much easier. You have crypto or even fiat money on your account. Then you may pick the project you like from thousands of offers from all over the world. When decision is made, you just transfer funds and job is done. All you need is to wait for future profits.
Where had all commission disappeared? Most of them were eliminated because Moolyacoin uses the blockchain technology instead of old-fashioned banking system. The entire process of transfer may take only several minutes instead of several banking days.
There one more issues in industry of startup funding – the lack of mutual trust. Moolyacoin team had also took care of it: entire payments are proceed via smart contracts, which mean that you do not need to trust, because every single transaction may be verified via public blockchain.
However, creating of Global Comprehensive Digital Startup ecosystem is expensive process, which could not be released without descent funding, so Moolyacoin started ICO. Every participant can buy coins, which allow him to get better conditions within this ecosystem.
WEBSITE- https://www.moolyacoin.io
WHITEPAPER- https://www.moolyacoin.io/whitepaper/
LITEPAPER- https://www.moolyacoin.io/wp-content/uploads/2018/06/Lite_paper_moolyacoin_Ver2.7.pdf
ANN THREAD- https://bitcointalk.org/index.php?topic=4559208
FACEBOOK- https://www.facebook.com/moolyacoin
TWITTER- https://twitter.com/moolyacoin
TELEGRAM- http://t.me/moolyacoin
AUTHOR ARTICLE Early_Waffle - https://bitcointalk.org/index.php?action=profile;u=1380108