What is ROSCA?
ROSCA which stands for Rotating and Saving Credit Associations is a group of individuals who are creating an alternative economy based on Peer to Peer lending and Peer to Peer banking. Creating decentralised services based on the blockchain technology and the cryptocurrency, they are building an ecosystem of the alternative financial solution. ROSCAcoin will build a financial solution ecosystem which leverages on social capital and trustees to collaborate with better financial options by eliminating higher cost of borrowing, easier financing, better investment options and reduced risk that are associated with banks loans.
ROSCA method is a group of people who gather together at a specific time to save and borrow ideas. This is a form of combined peer-to-peer (P2P) banking and peer-to-peer (P2P) lending. There are more than 1 billion people or 17% adults in developing countries worldwide using ROSCA to store / borrow and support each other in their trusted communities. In addition, more than 2 billion people or 39% of the world's population do not have bank accounts in the world and they may need help for some financial activities such as loans.
The ROSCAoin Ecosystem Platform will offer users the below
- ROSCA Lending Circle
- ROSCA Credit score
- ROSCA Merchant program
- ROSCA P2P Platform
- ROSCA crowdfunding platform
- ROSCA Charity platform
- ROSCA Lucky draw platform
Token
Token Name: ROSCAcoin
Symbol: RCA
Standard: ERC20
Total number of tokens: 10,000,000,000
Number of tokens for sale: 1,500,000,000
Accepted Currencies: ETH and BTC
Pre-ICO: March 2018
ICO: April 2018
45% of collected funds would be used for team salary while 15% will be allocated to our office expenses also 15% of the funds will be used for the contractors. See below their road map and experienced team.
Road Map
2017
September - Market research
October - business plan, marketing plan, documentation2018
March - Launching ICO
April - Launching ICO
July - ROSCA Lending Circle (RLC) Core & Mobile Development
August - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Testing MVP, enabling ROSCAcoin in the token exchange platform
October - ROSCA Lending Circle (RLC) Final product development2019
January - Product Development ROSCA (RCS)
April - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Go Live
May - ROSCA Credit Score (RCS) Go Live
August - ROSCA Platform P2P (RPP) Core & Mobile Development
October - testing the MVP P2P (RPP) MVP platform2020
January - Development of the ROSCA P2P (RPP)
platform April - ROSCA P2P (RPP) platform Go Live
July - ROSCA Crowdfunding Platform (RCP) Core & Mobile Development
August - MVP test on ROSCA platform Crowdfunding Platform (RCP)
October - Final development of ROSCA Crowdfunding Platform (RCP)2021
January - ROSCA Crowdfunding Platform (RCP) Go Live
April - ROSCA Lucky Draw Platform (RLD) Core & Mobile Development
June - ROSCA Lucky Draw Platform (RLD) MVP Test
October - ROSCA Lucky Draw Platform (RLD) Final product development2022
January - ROSCA Lucky Draw Platform (RLD) Go Live
March - ROSCA Charity Platform (RYP) Core & Mobile Development
May - ROSCA Charity Platform (RYP) MVP Test
August - Final Product Development ROSCA Charity Platform (RYP)
November - ROSCA Charity Platform (RYP) Go Live
Meet the Team
Advisors
More Info
Website: https://roscacoin.io/
Whitepaper: https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper-V1.0.pdf
Twitter: https: // twitter. com / RoscacoinToken
Facebook: https://www.facebook.com/Roscacoin/
Telegrams: https://t.me/roscacoin
Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406