AFRICUNIA - Technology Innovative Banking To Build Digital Currency And Financial Investment

Februari 14, 2018

About 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 — Africunia means African Money or African Cash.

Africuniabintends 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

Africunia is introducing an innovative banking model that allows the use of digital currency without hurdles, risks and technical barriers linked with owning, transferring, and trading in cryptocurrencies and tokens. Open exclusively for investment during ICO, Africunia is a third generation closed-end fund that uses the Africunia Blockchain Technology to create a bank-2-bank and peer-to-peer cryptocurrency called AFCASH

Our value

Our primary goal is to become the industry standard and a one-stop shop for setting up tokenized funds, regardless of whether these funds invest in the fiat or crypto universe

Offering best of both Fiat and Cryptocurrency world
Promoting sustainable investment of funds
Developing a standardized platform
Enhanced transparency
Scalable fund development
Market leading compliance
Development of a standard platform

The Structure

The fund structure may differ from one case to another. While it will evolve as new information becomes available, it will be run by a reputable legal counsel that will keep an updated reviews of what has been published.

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.

Technologies

To remain within the limits of conventional banking, we will use the API (Authorized Payment Institutions) therefore employing the appropriate standards of services and innovation.

The basis of AFRICUNIA BANK is capital invested increasing in accordance to the customer development in turn maximizing profit return. Also, as far as our technology security is concerned our network architecture is decentralized.

Therefore, data storage, cryptograph encryption and security mechanism for identification, authentication and authorization of individuals or companies are connected by instruments. Nevertheless, processing of data is automated by means of applied AI algorithms.

ICO Token Detail

Token details token/coin symbol: afcash
Token/coin total supply: 500,000,000 (five hundred million afcashs)
Circulating supply: 500,000,000 (five hundred million afcashs)
Token/coin price: 1 afcash = $0.10 usd
Unsold tokens: any unsold token will be burnt
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.