AFRICUNIA MONEY AND CASH

MEANING OF AFRICUNIA

AFRICUNIA is registered in the United Kingdom as AFRICUNIA LIMITED, providing Global Banking and Financial Services. The“CUNIA” in “AFRICUNIA’ comes from the Latin word “PERCUNIA”meaning “money” or “cash.” whereas “AFRI” is the abbreviated version of AFRICA. Therefore translated-AFRICUNI A means African Money or African Cash.AFRICUNIA intends to bring investment globalization, transparency,and decentralization to the next level by leveraging the ubiquitous Blockchain Technology. AFRICUNIA offers a vision for the new standard of tokenized investment platforms that will help to bridge the gap between the fiat and the crypto universes. At its core, AFRICUNIA will focus on all aspects of tokenized investment vehicles ranging from technology and infrastructure to legal compliance and the corporate structuring.

MISSION

•Providing instant, low-cost international payments by allowing conventional banks adopt the proposed Blockchain Technology just like SWIFT BIC.

•Assisting financial institutions to transfer money to international banks in real-time across diverse multi-layer networks.

•Ensuring a technology that complies with regulatory and security requirements.

•Implementing Digital Pass Technology that will serve as automation and digitalization system which integrates several industries to access financial and industrial services at a click.

•Developing the first Crypto-based POS (Point of Sale) System

• Developing a cost effective, seamless and easy to mine non browser-based and browser-based coin mining for simplicity.
• Projecting and enabling Internet of Value across global e-commerce
• Developing a Hybrid Technology that combines two systems in one, that is Proof-of-Work (POW) and Proof-of-Stake (POS) withproven high speed performance and intensified/elevated security
• Developing SECURE WALLETS Systems (Offline Wallets, Online Wallets, Ultra Thin Smart Wallets) with high security and safe storage.
• It’s very essential to emphasize that our Blockchain Technology is a multisystem Blockchain that combines bank to bank paper money transfer like the current SWIFT/BIC system but instant peer-2-peer cryptocurrency transfer, Fiat/Forex/Coin Trading/Exchange/Lending MarketPlace, Smart Contracts, Open APIs, Artificial Intelligence (AI), Crypto-based Point of Sale (PoS),Digital Pass Technology ALL IN ONE PLACE. Furthermore,AFRICUNIA BLOCKCHAIN TECHNOLOGY will give users the choice to choose to mine AFCASH in any modern web browser and or none web browser (hardware) in a hybrid combination of Proof of Work + Proof of Stake algorithm. We think this sums up the massive “machine” we are developing.

GOAL

Offering best of both Fiat and Cryptocurrency world The majority of tokenized investment platforms are either fully crypto-oriented or are pegged to some tradable assets such as gold or fiat currency. This siloed approach hinders diversification.

AFRICUNIA intends to create a platform that allows users to gain from both including decentralization,transparency, and exchangeability.

#2: Promoting sustainable investment of funds All the tokenized funds will be reviewed and approved by our legal advisors to make sure they are fully compliant with the existing laws and regulations. By sorting out these risks from the beginning, AFRICUNIA will improve the investor confidence and offer necessary sustainability of the investment process.

#3: Developing a standardized platform Setting up a proper investment structure is a difficult and costly endeavour.Not all the tokenized funds set up have an appropriate structure thereby increasing the regulatory risk to investors. AFRICUNIA believes that this is the right time to launch industry standards for setting up the tokenized investment platforms.

#4: Enhanced transparency The tokenization of interests in funds— or shares in profits— provides accountability and transparency to the investment process. This muchneeded transparency will significantly improve the accountability of the investment managers.

#5: Scalable fund development By using the AFRICUNIA platform, any approved investment manager will set up and run a tokenized investment fund without going through the pain and effort of developing the necessary IT and legal infrastructure.

#6:Market leading compliance All the tokenized funds will be constantly reviewed by our legal advisors to make sure they are fully compliant with the existing laws and regulations. By sorting out these risks from inception, AFRICUNIA will improve the investor confidence and offer necessary sustainability of the investment process.

#7:Development of a standard platform Our development team is creating a scalable low latency standardized platform that will allow different user categories to have access to different features. Both those in the investment market and those privately investing will benefit from a user friendly custom made platform.

ADVANTAGES FOR THE INVESTORS

AFRICUNIA platform will benefit both the crypto investors and fiat investors.

Here are some of the benefits for the crypto investors:

• New opportunities to access the assets from the fiat universe without leaving the comfort of the crypto universe.

•Unprecedented diversification opportunities because of the low correlation between the fiat and crypto assets.

•Access to a broad range of investment opportunities that have a lower risk profile to complement and balance the existing speculative exposures.

Here are some advantages for the fiat-investors:

•Provision of higher net returns, thanks to cost-efficient structure of the tokenized funds

• Access to new classes of assets because of lower barriers for a fund set up and administration on the AFRICUNIA platform

TOKEN DETAILS

TOKEN/COIN SYMBOL:AFCASH

TOKEN/COIN TOTALSUPPLY:500,000,000 (Five Hundred MillionAFCASHs)

CIRCULATING SUPPLY:500,000,000 (Five Hundred MillionAFCASHs)

TOKEN/COIN PRICE:1 AFCASH =$0.10USD

UNSOLD TOKENS:Any unsold token will be burnt

Here is how the tokens will be divided:

•The public contributors will be allocated 50% of the AFCASHs.

•The company reserve will be assigned 30% of the AFCASHs. The reserve will form part of the company’s source income after the distribution period and will be allocated on a partial basis among the direct contributors and the core team of the business where necessary.

•The remaining 20% of the AFCASHs will be allocated to the Founding Africunia Members and its advisors, partners, and campaigners as follows: 15% (Africunia Founders); 3% (Advisors &Partners); 2% (Campaigners). These funds would not be immediately tradable in order to continue motivating the core team after the distribution period

SHARING REVENUE:

At the end each Financial Year, 20% of AFRICUNIA BANK’s Profit will be distributed among all Holders of our Token (AFCASH) based on each Holder’s Share of total amount of Tokens issued, and this will be automatically paid out to our Coin Users in their respective Wallets. In other words, you are entitled to AFRICUNIA BANK’s revenue. Consider this as a PASSIVE INCOME.

THE ICO STRUCTURE

AFRICUNIA BANK will manage the AFCASH Cryptocurrency (AFCASH). Being a tokenized investment, AFRICUNIA BANK will issue tokens through an ICO for each fund. To invest in the firm, the shareholders will be required to buy the AFCASH tokens during the ICO. The AFCASH pre-order will open on 1st December 2017 and run up to 31st December 2017. We are targeting creating 100MillionAFCASHs.

AFCASH’s ICO will begin on 1stJanuary 2018 and run for 5months up to 31stMay2018. After the ICO is over the tokens can be withdrawn from the ICO platform and participants will also have exclusive rights to the company's revenue, and you can begin to receive an immediate income stream from the first fund that will be created on the AFRICUNIA platform.

ROADMAP

Milestone 1:10th July 2017 to 1st January 2018

RESEARCH AND EXPERIMENT

Researching and experimenting with the APCA will be our first step in the Africunia journey. Our developers will develop dummy prototype of Blockchain system based on APCA and test it for correctness,consensus, and utility. We are already researching and experimenting with the APCA and its application in Blockchain. This phase will runup to 1stJanuary 2018.

Milestone 2:

1st December 2017 to 31st December 2017PRE-ICO.

The AFCASH pre-order will open on 1st December 2017 and run for 4 weeks up to 31st December 2017. We are targeting 500 Million AFCASH tokens with a circulating supply of500 Million

Milestone 3:1stJanuary 2018 to 31st May 2018.

ICO

The AFCASH ICO will start on 1st January 2018 and run for 5 months up to 31st May 2018

Milestone 4:1st March 2018 to 31st March 2018.

DEVELOPMENT OF BLOCKCHAIN PROTOTYPES

At this stage, we will develop a Blockchain prototype that will help to eliminate ambiguities and enhance accuracy with our AFCASH crypto. We expect this step to take 4 weeks and will run from 1st March 2018 to 31st March 2018.

Milestone 5:1st April 2018 to 30th April 2018.

DEVELOPMENT OF THE BLOCKCHAIN BETA VERSION

A beta version of our AFCASH cryptocurrency will be developed to help developers understand the ecosystem better as further ambiguities are eliminated. We expect this phase to take a maximum of 4 weeks.

Milestone 6:1st May 2018 to 21st May 2018.

TESTING OF THE ECOSYSTEM

We will test the system as a whole and ensure it is working properly and is interoperable with existing systems. This stage will take a maximum of 3 weeks and will run from 1st May 2018 to 21st May 2018.

Milestone 7:31st May 2018.

COMPLETE DEVELOPMENT OF OUR BLOCKCHAIN TECHNOLOGY

We expect the complete Blockchain Technology to be finished by 31st May 2018.

Milestone 8:1st June 2018.

LAUNCH OF THE BLOCKCHAIN AND ECOSYSTEM

We hope to launch the Blockchain Ecosystem on 1st June 2018.

Milestone 9:June 2018

SOLIDIFICATION AND EXPANSION OF THE TECHNOLOGY

After the launch on June1, the project will undergo continuous maintenance and development to address all IoT, Machine Learning and big data concerns.

CORE TEAM

Our team is made up of talented, inspiring, and diligent individuals from around the globe. Together, we share the passion for coding,creating, and u ltimately building an open, accessible and fair futuristic financial future, one piece of time. Our leadership players have a proven track record in the fields of financial technology,cryptocurrencies, venture capital, entrepreneurship, product development, asset management, and legal structuring.

1.D. Chancellor F. Nzenwa--Founder & President (CEO)

2.Madeleine G. Winkler--Company Secretary

3.Christian Bogdan--Blockchain Developer

4.Gérald Tissière--CTO/Computer Scientist

5.Adedapo Ajayi--AssistantCTO

6. Alexander Papevis--Assistant CTO

CONCLUSION

AFRICUNIA BANK will become a fully digital bank that is accessible everywhere, 24/7. It will function just like a conventional bank, but will not host any branches nor any physical front-offices.

For more news and updates please click on the links below:

Website:https://africunia.com

Telegram:https://t.me/africunia

Facebook:https://www.facebook.com/africunia

Written By — Raisingstars

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1930778