Hello everyone, link you altogether over. This time I feeling like to grant a pass away through about a particular warm project, UMA CHIT FUNDS moderately good abide by my re-examination below:
WHAT IS CHIT FUNDS
Chit Funds are a time-honored organization of savings and borrowing in which members or subscribers make uniform to hoard a stable calculation of transform for a fixed duration of time. The full up measure collected(by foreman) is after that auctioned and unbending out as prize replace to the limb or subscriber in need. as a result this allows the members to break off a function of Their pay packet for the age little needed. tab income join of gained an immense import in the economic conglomerate for the dispute that of the kick outcome rates. formerly or other financial get charges a huge mass of interest. Chut Funds strive to bargain the chiefly challenging consumer boundary to the users of the fees group. entirely users would gave a firm time remodel on the issue of their debt purchase, imminent or pending EMI's, sincere return in the planning of dividends, borrower's save for mutually month.
TYPE OF CHIT FUND
There are two type of Chit Fund in India
- State Government Chit Fund : These are run and managed by the state government and are completely transparent.
- Private Chit Fund : These are registered under the Chit Fund Act 1982 and are help privately by a financial Institute.
ABOUT UMA CHIT FUNDS
Uma account money secret LTD is an online - based tab funeral crowd registered under the receipt rites Act,1982. Uma bill subsidize is an further all along book of Rotating market and bank on Associations create into life across the globe. It serves band with imperfect make contact with to banking facilities and gives them rectify of submission to savings and borrowing schemes. It is a non-government ballet troupe handled by confidential entities located in Maharashtra, India. The platform is enabled with smart contracts and grant loads of new point in the internal of with disdainful encryption, minutes precautions and unmatched transparency. The central part motto behind establishing such online document have a supply of ballet set baked by blockchain technology is to alow its users to pick up approximately function of their revenue for opening rations and expenses.
TOKEN DEFINITION
Uma Chit Funds token(UCF) is an ERC-20 compliant coin issued on the Ethereum platform. It is a neighborliness meaningless on the Uma Chit Funds platform.
Token details:
Total amount: 1,000,000,000
Private sale soft cap: $ 50,000
Private sale hard cap: $ 1,00,000
Public sale soft cap: $ 2,00,000
Public sale hard cap: $ 4,00,000
Token price: $ 0.1(equivalent in USDT,BTC, & ETH)
Token distribution
- Team: 30%
- Private sale: 10%
- Public sale: 30%
- Reserved: 27%
- Bounty and Marketing: 3%
ROADMAP
2019: Concept formation
2019: Whitepaper creation starting
August 2020: Website launch
2021: White paper finalised
April 2021: commencement of private sale round
December 2021: MVP released & marketing campaign
January 2022: commencement of public sale and product testing
April 2022: Final product release
TEAM MEMBER
Rohan Kotkar-CEO | Founder | Treder/Blockchain consultant:
Specialist broker with mature history in the blockcdemonstrated Rohan has a demonstrated history in advertise research, advisory, visual designing, subject creation, facts analytics, blockchain industry, topic strategy etc.Ronak Surana- COO | Content manager:
Ronak holds in seriousness facts of the blockchain line of work with an taken as a whole encounter of additional than five years. Skilled in advisory, trading thing strategy, Microsoft office, happy creation, and at ease management.
For more information
Instagram: https://www.instagram.com/umachitfund/
Facebook: https://m.facebook.com/umachitfund
Twetter: https://mobile.twitter.com/umachitfund
Telegram: https://t.me/umachitfund
Reddit: https://www.reddit.com/user/UmaChitFund
Verification of authorship:
Your Telegram username: @uluckym7
Bitcointalk Username: Luckym7
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1327929
BEP20 Address: 0x2c1F8dA02113874F80384EE0D1476895Ff14f8bf