INTRODUCTION
Banks has been in use since time in memorial even though they might not take the sophisticated form like modern-day banks, but they serve the purpose of securing funds for people. Banks play an important role in the financial life of a business, and the importance of banks can be seen from the fact that they are considered to be the life-blood of the modern economy. Although no wealth is created by Bank, their essential activities facilitate the process of production, exchange, and distribution of wealth. In this way, they become effective partners in the process of economic development and growth. With that been said the importance of banks to business and individuals cannot be overstated, despite this overwhelming importance of banking activities to businesses the current state of traditional banking system is currently bad because a large percentage of the global population do not have access to these financial services and also a large number of industries do not have access to quality and efficient banking services either due to the inability of traditional financial banking system to integrate them into their plans or majorly due to the regulatory framework against such industries that do not allow traditional banks to bank their assets. IUNO aims to cater for this unbanked population an provide them with a solution to their current problem through its decentralized banking system built on blockchain that will allow individuals and businesses of the unbanked population an access to a complete banking system something unlike what they have experienced before, a banking service with a lightning fast transaction speed, extremely secure and offers extreme stability through its IUNO stable asset-backed coin.
WHAT IUNO HAS TO OFFER
To fully understand the principle of IUNO you need to understand what decentralized banking truly means. In the simplest understanding, decentralized banking simply means combining the principles of blockchain technology and decentralization with banking services. By doing this, users of IUNO will enjoy a banking service like never before freeing them from all the restrictions of the centralized nature of the traditional banking system by giving control back to the owner of assets. As a user of IUNO decentralized banking platform you have control over your asset no one gets access, modify or transfer your asset without your knowledge, a payment gateway for all is integrated, that allows you to perform seamless transactions with ease and convenience while also making it possible for the unbanked industries to fully feel what a banking service looks like but in a better more efficient and sophisticated manner. The IUNO decentralized banking ecosystem will offer the following features
A PAYMENT GATEWAY: An easy to use payment gateway will be integrated into the platform which will allow clients to accept payment through credit card in unbanked industries such as the cannabis, adult and many other industries with any form of restrictions
PEER-TO-PEER BANKING: IUNO will offer financial services just like modern banks you can send and receive money, apply for loans, use credit cards. But unlike the traditional banking system, the IUNO ecosystem will offer an extreme security of all transactions made via the platform and it will also be cost-effective, unlike traditional banks transaction fees. Furthermore, IUNO will also target the unbanked population by providing them with the quality of banking service delivery they deserve.
HIGH LEVEL OF STABILITY WITH IUNIT STABLE COIN: Imagine being free from the instability and uneven pricing of cryptocurrency. With IUNO token IUNIT which can be used to redeem the IUNO asset-backed token (ABT) which is a stable coin because IUNO ABT is assigned the corresponding fiat equivalent when they are first issued.
IUNIT TOKEN AND SALE INFORMATION
IUNO aims to give the early believers in the change and revolution the project is bringing to the global banking industry and the opportunity it brings to the unbanked population in the US and the world at large an opportunity to purchase the IUNIT token during its token sale. The IUNIT is the utility token of the IUNO Platform. It is an Etherum based token and will be compatible with any ERC20 or ERC23 Wallets. However it is important to note that the IUNIT token is needed for just three important tasks which are redeeming of IUNO asset-backed tokens (ABT) into Fiat currencies like USD, EUR, it serves as collateral to operate Master node and Supernode and lastly to operate as an IUNO Edge agent.
DETAILS OF TOKEN SALE
Total Supply: 300,000,000 IUNIT
Total available For Sale: 110,500,000 IUNIT
Price/IUNIT: 0.001ETH
Softcap: $3,000,000
Status: 55% of fundraising goal met
PreSale: May 14th, 2018 to July 16th, 2018
Public Sale: July 17th to November 19th, 2018
USEFUL LINKS
IUNO WEBSITE: https://iuno.io/
WHITEPAPER: https://s3.amazonaws.com/iuno/iuno-whitepaper.pdf
Twitter: https://twitter.com/iunoblockchain
Telegram:
https://t.me/IUNOForum
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