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I would like to set up a cryptocurrency-bank that works on a NPO system.
Thus there would be no revenue as with the traditional financial system.
Also there is to be a fixed exchange rate as everyone would be using the same system(Inkomo Pay) to transfer funds.
The value of 1 Inkomo will be the same as that of the British Pound.
The main focus will be to make it possible for people living below the bread line in Africa and other developing countries
to transfer funds to their families and pay for goods without having to pay for the transaction.
$1 dollar can buy you a meal in Malawi. Not very healthy but, you will be filled.
The Online Bank can work with different packages.
1. Personal
500 Free transactions per month. Thereafter the person has to upgrade to option 2.
2. Home & Start-Up
1000 Transactions at +- $10 per month
3. Small Business
2500 Transactions per month at +- $20 per month
etc...
All funds will be allocated to maintaining the infrastructure of the NPO Bank.
Further moneys are to be allocated to charities.
Developers, founders and all members of Inkomo Pay can gladly use the online bank for transactions
with registered accounts. They will never be allowed to use the NPO for tax gains or any further financial benefit.
This project requires developers and I would like to know if you would be able to take part in this idea?
Also, do you know more developers who would be interested to contribute?
A Github site has been set up and a domain has been registered with hosting at www.inkomopay.com.
Github: https://github.com/inkomo
I can contribute graphics where needed.
View my site at: www.csquaredearth.com
Social Media:
www.facebook.com/inkomopay
www.twitter.com/inkomopay
Lastly, the word 'Inkomo' means Cow in Xhosa. Thus people would be trading digital cows
You can contact me at:
e: rick@csquaredearth.com
I hope this letter finds you well.
Sincerely
Rick Bronkhorst
