UMA CHIT FUND- briefing about the project

in umachitfund •  3 years ago  (edited)

FOREWORD OF CHIT FUND

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Chit Funds are an accepted agency of savings and borrowing in which members or subscribers be of the same mind to have a say in a preset sum of riches for a preset duration of time. The add-up quantity collected(by the foreman) is subsequently auctioned and prearranged out as prize currency to the constituent or subscriber in need. subsequently, this allows the members to store an ingredient of Their gain for the epoch as soon as needed. tab back partake of gained an immense import in the economic business for the reason that of the buck pastime rates. posterior or other monetary track down charges a gigantic quantity of interest.

ABOUT UMA CHIT FUNDS

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Uma Chit Funds is a progressive translation of Rotating discount and status Associations initiated across the globe. It serves the population with incomplete doors to banking amenities and gives them the right of entry to savings and borrowing schemes. It is a non-government touring company handled by secretive entities located in Maharashtra, India. The platform is enabled with smart contracts and present countless other characteristics amongst exalted encryption, figures safety, and unequaled transparency.

INCLUDE OF UMA CHIT FUND

Blending
Uma Chit Fund is not like the other check means projects in the bazaar as the platform is backed by the approvingly trending blockchain technology next to with enabled smart contract.

Transparency
Uma Chit Fund would offer packed clearness which would allow the bill holders to hit upon the correct tab winner in all round. the lot that is stored against blockchain is hundred percent Immutable. nearby would be not anything to bury from the bill holders and at all times be kept back updated.

Accessibility
Chit holders will engage in the slacken off to access and participate in apiece on all sides of any device. The platform would own a compulsion to stage set up a two pace verification for the associate to participate in any receipt round.

Mission
Uma Chit Funds target at right the foremost and the largest part trusted check supply band across the globe. The sole mission of the platform will be to piece toward the fiscal amplification of its users or members.

Reliability
Implementation of blockchain and smart contracts on Uma account income makes it vastly trustworthy and locked taking into account entirely the surrounding aspects.

Affordability
Multiple rounds and account finance schemes will be launched on the platform making an allowance for the economic quality of each one and every participant on the platform. The platform provides an opening to each one and every addict to found undersized and make big.

TOKEN DEFINITION

Uma Chit Fund token(UCF) is an ERC-20 accommodating slip issued on the Ethereum platform. It is a benefit memento on the Uma Chit Funds platform.

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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

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2019: Concept formation
2019: Whitepaper creation starting
August 2020: Website launch
2021: White paper finalized
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

  1. Rohan Kotkar-CEO | Founder | Treder/Blockchain consultant
  2. Ronak Surana- COO | Content manager

CUSTOMERS SATISFACTION

We strive to grant the on the whole far along abuser boundary to the users of the receipt group. each one users would gave a ever so time renew on the topic of their receipt purchase, approaching or pending EMI's, concrete profit in the kind of dividends, borrower's frontier for all month. Chit Funds are beneficial for not merely large-scale industries but too minute industries that poverty fiscal buoy up to get bigger their business.

For more information

Website: https://umachit.fund/
Facebook: https://www.facebook.com/umachitfund
Twitter: https://twitter.com/umachitfund
Telegram: https://t.me/umachitfund
Verification of authorship:
Your Telegram username: @star1929
Bitcointalk Username: ukboss
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1104840
ETH Address: 0xfa1E836C13aE7F1CC889989277556F3F8C3DEA50
#umachitfund #startup #blockchain #etheruum #chitfunds

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