This post is from a low-reputation account and contains an unverified outbound link. Be cautious before clicking external links.

UNBANKEDX

jigamola(5)

Published in

#ico

Words

330

Reading

2 min

Listen

Play

UnbankedX is a decentralized organization unincorporated entity with plans to form a not-for-profit company or foundation in a suitable jurdistiction.

UnbankedX aims to harness blockchain technology and the rise of smart mobile devices to empower a market of two billion people who currently do not have access to employment and financial services across the world.

UnbankedX will be solving the following problems:

Lack of access to banking services and financing
Corruption
High cost of distribution of proceeds to remote regions
Limitations of mobile money

Why Choose UnbankedX?

Traditional financial structures are too costly for small accounts. With a fully automated system, we are able to overcome cost barriers and scale to the millions of users who have been neglected.
Eliminating need for intense and costly credit assessment.
Reducing cost of managing ledgers. Preventing corruption with immutability

UnbankedX Token

The UBX token will be employed to build a bridge between divergent and convergent variables related to the platform. This token will act as the mechanism that relates different participants and investors, thus creates real value. It will also the right of entrée, all things been equal. If you among the lucky who will take part in the token Pre-sale, you will have the benefit of a 10% bonus while primary token participants will go home with a whopping 55% bonus rate in all transactions undertaken. Hardcap is set at 200, 000, 000 and token price during ICO set at $0.06 USD per token, approximately. The pie chart below provides a picture of the token distribution system.

Token Allocation

The tokens will be allocated among participants of the pre-ICO, the full ICO as well as management and advisors. The proceeds raised will be split as follows: