A free economic zone created especially for blockchain-based business and cryptocurrency operations. Within this zone, blockchain business can operate legally, protected from persecution by external governments and regulatory agencies, and free from income tax and tax on cryptocurrency transactions.
An infrastructure aimed to drastically simplify the running of business and operations involving cryptocurrencies for both companies and individuals within the FCEZ (Free Crypto Economic Zone), while also offering services to foreign entities. This infrastructure is made up of 5 main enterprises: a universal trading platform (UTP), a payment system, a bank, an investment bank, and a marketing agency, all of which will work with both cryptocurrencies and fiat money.
A blockchain community. Part of FreeZone’s own profits will be allocated to developing programs for this community with libertarian ideals. We plan to provide services for free or at cost, including: education; assistance in obtaining citizenship; asset protection via blockchain technology; legal assistance, human rights protection; and much more. Moreover, we plan to create business opportunities for community members. This unique blend of corporation and community will ensure a perfect synergy, with each one helping the other grow.
Blockchain Zone and its Benefits
In recent times the number of startups attracting investment to finance their blockchain technology activities has spiked.
Without question 2017 is the Year of Cryptocurrencies, and, most likely, 2018 is set to become the year of blockchain projects that will overhaul the modern world (it is expected that in 2018 there will be many ready-made products which will be immediately applied in the real world, in addition to dozens of promising startups that will launch ICOs with the potential to disrupt the status quo and become competitors for already existing projects).
However, at present it is extremely difficult to find a place with favorable conditions to launch and develop blockchain projects. Investors and blockchain business founders across the globe are forced to take financial and non-financial risks by participating in such projects.
Overall uncertainty in regarding cryptocurrency market regulation, as well as the lack of infrastructure to make the life of entrepreneurs and developers easier may complicate any possible market progress. At the moment there is practically no favorable ecosystem for conducting business in the blockchain sphere. In light of the existing issues, we are establishing the world’s first Free Crypto Economic Zone that will function within an existing state, creating unique conditions for blockchain and the realization of crypto projects.
In the foreseeable future, a legal framework is to be developed to smoothly regulate crypto and ICO markets, making them fully legitimate. Provisions of the FCEZ legal framework:
We have conducted a comprehensive study of 182 governments using criteria such as business conditions, legislative framework, economic and political climate, regulatory agencies’ attitude towards cryptocurrency and blockchain businesses, feasibility of free economic zone creation, currency regulation and control, cost of labor and availability of qualified staff, government flexibility and liberalism.
Based on that study, we have chosen 29 countries for preliminary negotiations. After completing these talks, we have narrowed it down to a short-list of 12 states interested in the project and we are currently holding negotiations with them. We are set to reach an agreement with at least one state of such states to create the Free Crypto Economic Zone and expect additional agreements with up to two other countries
Universal Trading Platform
We are developing a universal trading platform where users will be able to conduct transactions with cryptocurrencies, derivatives, commodities, and various other types of traditional goods.
Competitive advantages compared to existing cryptocurrency exchanges:
We plan to reach a daily turnover of approximately $600 million by 2019-2020; the revenue of a second-tier cryptocurrency exchange today. This is an especially conservative forecast, especially when one takes continuing rapid market growth into account (cryptocurrency trading volumes grew more than 10-fold over the last two quarters of 2017).
Website FREEZONE: http://freezone.one/
FACEBOOK: https://facebook.com/freecryptozone
TWITTER: https://twitter.com/Freeland_one
TELEGRAM: https://t.me/freezone_one
WHITEPAPER: https://freezone.one/downloads/FreeZone_White%20Paper.pdf
Author : Ghaniindependen
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