What is SRCOIN?
SRCOIN is a decentralized health information platform that uses blockchain technology, distributed and subscribed massage chairs that connect to decentralized network centers that create a health data platform, providing useful health information to patients, medical institutions and research centers.
Why Invest SRCOIN
SRCOIN is the product of the use of the most modern BlockChain technology with a base in the construction industry.
profitable underwriting business.
The funds raised through the SRCOIN ICO and the collective funding will be invested in the highly profitable
which has guaranteed stability and profitability.
30% of the profit obtained in 6 years will be used to implement the policy of repurchase and burn in order to
increase SRCOIN's scarcity and raise its market price.
20% of the benefit obtained over 3 years will be returned to our ICO taxpayers in the form of
Ethereum. In this way, ICO taxpayers are guaranteed that they receive a significant portion of their contributions.
of smart contracts in BlockChain, without having to sell any of their products.
SRCOINs.
50% of the profit obtained will be invested in the acquisition of assets and will give rise to a compound profit, to the extent that
the investment will generate more profit. Therefore, the value of SRCOINs will increase and cause their value to increase.
market price to go up too.
SRCOIN is a crypto-currency supported by accounts receivable obtained from investing in
assets. Therefore, it has a unique advantage over other cryptographic currencies in which it has underlying
to give it real value.
Our vision is to build a new network of funds through BlockChain and allow everyone in the world to be able to.
VISION
is to build a new network of funds through BlockChain and allow everyone in the world to contribute any amount, small or large, to join us in our mission of creating a comprehensive system to manage their health. SRCOIN will be used to develop our health platform, generate revenue through the subscription business, redistribute the benefits to Ico taxpayers through currency distribution.
that will be of greater value in the future.
BUSINESS MODEL
!
Not only will SRCOINs be used to purchase assets for the underwriting business, currencies will become a large tradable commodity that has a high scarcity value in crypto-currency exchange.
30% of the profits obtained within the 6-year period (from completion of the ICO to year 6) will be used in our buy-back and burn program, which will effectively decrease the pending offer of SRCOINs, and in turn increase the market price of SRCOINs and the value of SRCOINs held by the company. our ICO taxpayers
20% of the benefits earned within the 3-year period (from completion of the ICO to year 3) will be returned to our ICO taxpayers in Ethereum currency. Thus, our ICO taxpayers will be able to receive a significant amount of their initial contribution through this intelligent contract structure without the need to sell SRCOINs.
The remaining 50% of the profits will be reinvested in the products that feed our subscription business.
The funds raised from the ICO of SRCOIN and the profits generated by the underwriting business will be as follows
calculated by an independent independent accounting firm to ensure credibility and transparency
SRCOIN is a symbol of ERC20, which incorporates BlockChain technology. In this way, the transparency of our trade, global access and ownership of the SRCOINs will be verifiable by the holders of these rights.
Through this project, we hope to merge the security and reliability of the subscription business with that of subscribers.
BlockChain's modern technology to reform and improve the subscription revenue industry.
Actual Value of SRCOINs
Since the end of the ICO, SRCOINs will also be usable in the real world. Similar to how Bitcoin's worthwhile was verified by the way people were able to buy pizza with it, they will also be able to witness the use of SRCOIN in the real world first-hand.
The SRCOIN project will support the Health Data Platform for Hospitals, Sports Centres and Pharmacists.
and Government. You can pay the health data usage fee with SRCOIN (or Cash).
SRCOIN holders may purchase water purifiers, massage chairs and other appliances. of K Rental with SRCOINs
The current 140,000 customers (and future customers) will have the option of paying their market share. subscription fees with SRCOINs
K Rental will issue SRCOINs to its 5,000 employees in value equivalent to their salaries as it will present the immediate use case and the actual value of SRCOINs.
If successfully executed, SRCOINs will have a high possibility of becoming a means of communication exchange/payment for industries related to the rental of K If SRCOIN begins to be used in the ways described above, the volume and commercial value of SRCOINS great profit and increase.
After the entry of SRCOIN as a real-world usable cryptocurrency, SRCOIN will have a value of 50 billion euros.
differentiated scarcity value that cannot be found in other cryptographic currencies of the ICO.
The Health Platform
There are several advantages to using message boards as a platform for our subscription business.
The message board is a shared device. With just one message chair, you can pick up personal health
data on all household members. We plan to collaborate with COMTEK to develop Wifi and Bluetooth incorporated massage chair that can measure health information such as heart rate, body temperature and blood pressure. Therefore, we will create a BlockChain-based time series for all household members.
This health information can be easily and repeatedly collected each time you use the message board, and this will result in a database of robust time series over time. The time series database will show various trends in each type of data collected. Therefore, it can be a very important source of information for early diagnosis, preventive care and other medical treatments.
The message coordinator already has a structure for collecting useful health information.
a. The arm massager may vary in pressure to pick up the blood pressure level.
b. Various positioning of the chairs allows measuring the most accurate medical information. For example, for example,
to measure the Brachial Ankle Index, you need to lie face down on your back and the message chair can be placed this way
c. Wifi and Bluetooth accessibility
d. The electrical base of the message board allows IoT
e. You can easily add devices to measure heart rate, blood oxygen level, sleep analysis, and various other types of health data.
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The Market
Historically, Singapore is a state that declared independence from Malaysia, but due to its proximity and cultural heritage, its markets exhibit the same defining characteristics. The market for massage chairs in Singapore and Malaysia is close to US $1.1 billion in size, and due to the recent increase in people's interest in health and related products, this market has been growing rapidly.
The world market for massage chairs is concentrated in Asia, and in particular, the demand for this product has been remarkably large in Singapore and Malaysia.
Reasons why demand is growing:
The increase in PPP has raised the standard of living, and this has encouraged the public to become more health and lifestyle conscious.
Because of the high stress of working in these areas, healthy lifestyle products have become a way for people to despise their wealth - a goal that many people see as a symbol of success.
Singapore and Malaysia currently have five companies, OGAWA, PANASONIC, OSIM, GINTEL, and OTO, which are dominant in the massage chair market. However, until recently, these companies had only been counting on
was present in the market for the sale of massage chairs. The market for massage chairs by subscription has been non-existent. Beginning in August 2017, GINTEL began subscribing to massage chairs, and its
an overwhelming success shows a huge profit potential.
After our entry into the subscription market for massage chairs in Singapore and Malaysia, we plan to make the transition from the sales market to a subscription market for massage chairs and increase our profits.
We already have experience with this transition for water purifiers, and we are confident that this change is possible and profitable. In addition, due to the size of the massage market in Singapore and Malaysia.
We expect the switch to a fertiliser market to be on a large scale commensurate.
In addition, the gross margin of current companies selling massage chairs averages 58%, but the gross margin of our underwriting business will be 70%.
Advantages of SRCOIN
The value of SRCOINs is backed by underlying assets.
Historically and throughout modern times, viable currencies have fulfilled 3 important functions: exchange method, unit of measure/calculation and stability in value. Just as the US dollar and the euro circulate well, bitcoin also has two of the three qualities of the exchange rate method and the unit of measure/calculation, but as far as stability in value is concerned, it shows uncertainty and frequency fluctuations.
To meet the value stability requirement, bitcoin must demonstrate that it can maintain its purchasing power in the future. However, as a new currency, bitcoin has shown volatile fluctuations in exchange rates. While it raises questions about whether it can still be a valid currency, it is gradually finding its place as a currency in this unpredictable exchange.
The main reason why bitcoin shows volatile price fluctuations can be attributed to its lack of underlying assets.
For this reason, it is difficult for people to assign a real value to bitcoin, and price fluctuations are the next of these uncertainties.
So, can we really put a real value on these crypto-currencies that lack underlying assets?
In order to solve this problem inherent in crypto currencies, we introduce SRCOINs, which have our collateral as a basis for providing real value.
SRCOIN is performed so that accounts receivable from subscription payments that customers pay for the service. leased products serve as collateral. In essence, the cash flow from accounts receivable is the underlying assets underpinning the value of SRCOIN.
Here, an account receivable (RA) refers to a subscription agreement for at least 60 months and monthly payments on the account receivable (RA).
the resulting cash flow.
AR = (Monthly subscription fee) * (60 months)
AR of a subscription contract for 1 massage chair unit = US $4,967
Therefore, if there are new subscription contracts for 1500 units each month, the resulting increase will
in AR for 1 year is $89.4 million. (1500 units * $4,967 * 12 months)
Therefore, SRCOINs are issued with accounts receivable from subscription contracts as a basis. Money from subscription fees plays an essential role in providing stability in value to SRCOINs.
In particular, the cash flow from the subscription contracts for massage chairs, as follows from the contract
is guaranteed because customers are legally responsible for paying the monthly subscription. fees for the period of time stipulated in the contract. For this reason, SRCOIN differs from other competing brands. crypto currency offering stability in the value that others lack.
Therefore, for those ICO taxpayers who wish to prepare themselves against the danger of crypto-currency that lacks stability in value, SRCOIN satisfies the 3 essential characteristics of a viable and lasting value and provides attractive benefits for those involved.
TOKEN
Name: SRCoins
Accepted currency: ETH
Total supply: 15,000 million SRCoins
ICO utilization: contributor 70% / foundation team 15%, advisor and initial investor 10%, sales team 5%.
SRCoin Value Proposition: The SRCoin value is increased by repeating the policy of buy-back and burning.
1st prize before ICO: 1 CPD = 700,000 SRCoins + 100,000 bonus SRCoins
2nd pre-sale price: 1 ETH = 700,000 SRCoins + 50,000 bonus SRCoins
Main price ICO: 1 CPD = 700,000 SRCoins + no premium
Route Line
Team
Leaders and Advisors
Dr. Jae M. Yoo
. Dr. SHAWN KIM
. Dr. YD KIM
Legal, accounting and auditing advisors
RENTAL STAFF
Kyle K. Lee
Logan Seo,
MAH YUNG YEW
MUHAMMAD DANIAL DINIE BIN NOOR ZAMRI
Links
Website: https://www.srcoin.info/
white paper: https://docs.wixstatic.com/ugd/381b09_7fe74d1fefb941018a2ab462a8e175bb. pdf
Facebook https://www.facebook.com/SRCoin
ANN https://bitcointalk.org/index.php?topic=2433046
Telegram https://t.me/SRCOIN_EN
user: v17753150
Profile: https://bitcointalk.org/index.php?action=profile;u=1836271
Myetherwallet: 0xd9613A75671E43D8bDd0aE885979F77C3861889f
By v17753150