What is that project? Could you give me more detail information? I am also looking for a good ICO to invest now
I have explained most of this in my previous posts on this thread, but I will do it here again for you...
This is a company called Futurenet that actually started out as a social media platform 5 years ago. The owners are from Poland and their head office is registered and present in Poland as well. They now have offices in almost 10 countries. Over time, the company gained a lot of attention because it was similar to Facebook but the main difference was they paid members for their activity on the platform. You can do anything and everything on their platform... Put up posts, like posts, comment on them and share them within the platform and you get paid. Much like what we do on Facebook. They also have a phone app that you can use to chat with you friends and that too you get paid for. This is how you can still make money on their social media platform.
Then comes their revenue sharing branch.
This can also be accessed with the same account you create on their platform. This is where the company sells something called ADPACKS for $50 each. You can buy any number of packs you want up to a 1000 packs. How it works is, for every pack you buy, you get $60 in return. This $60 is divided into daily amounts and further into 15 minute amounts and they pay you that amount every 15 minutes throughout the day until your earnings from that pack reach $60. This usually takes around 120-140 days. As soon as your earnings reach $50 you have the choice of rebuying your next pack, hence compounding your earnings. Also with each pack, you are allowed to create an advertisement of your choice... it could be ANYTHING you want (even your other businesses if you like)... and that ad is displayed to Futurenet members and for every $50 pack you get 800 unique views on your advertisement. So in a nutshell...
- You buy $50 packs
- You create an ad you want and get 800 views per pack. (This is not necessary if you don't want to advertise anything).
- You get paid every 15 minutes and you can reinvest those earnings to increase your daily income. Compounding. The pack expires when it matures at $60 and this could take anything between 120-140 days.
- You get paid out via any way of your choice including Bitcoin wallets or bank transfers anywhere in the world.
How and why they pay this extra money to its members you might ask? The company has several offline companies like car rentals, restaurants and cafes, online market place, mobile telephone and their matrix system. Money is pumped into the company from these offline businesses in order to keep this revenue sharing branch healthy and sustainable.
This brings me to their next branch... The matrix system.
The company offers 6 levels of matrices.... $10, $25, $50, $100, $500 and $1000 (royal membership).
The investment into these matrices is a one time thing. I will explain the $10 one as all the other works the same way.
You invest $10 one time... Explain this opportunity to three of your peers and tell them to invest $10 each.... Teach each of them to get their three each and that's it.
For every person that signs up under you, you get 5% commission. For every person that signs up under your referral, he gets 5% and you get 5% as well. This goes all the way down to 5 levels and 88000 members. So if you and your 3 and their 3 were to fill up your $10 matrix to 88000 people, you would get a commission of $44000.
(88000 x $10) X 5% = $44000.
You can use your earnings to upgrade to the next level which is $25 and all the above applies the same way. Difference is...
(88000 x $25) x 5% = $110000.
The magic begins when you hit the $1000 level... i'll leave the math to you but the commission is around $4.4m.
BUT... When I started this thread a while ago I had mentioned that the company was offering 50 free coins when you become a royal member PLUS one free coin per day till the 25th of November.... That was the date their own cryptocurrency was to launch and that is what happened. As you can see from the posts, people called me a scam and what not and no one believed that this coin would launch but it did. I have been a royal member for 4 months and I got close to 170 free coins in my back office.
This further brings me to the part that you have asked for.
The company has been working towards launching their own blockchain and their own cryptocurrency called The Futurocoin.
The video for the launch in Macau is here...
https://www.youtube.com/watch?v=BeBj54gUTMQThe company has not released the Whitepapers to the members yet but they have been submitted to a few exchanges that are reviewing them. Bitbay has already approved their whitepaper and given them the green signal. Coinbase and several others are approaching them to list the coin on their exchange as well. So there is no ICO really, it just goes directly on to exchanges within a couple of weeks. Royal members collect more free coins now until it goes on the exchange which means at least 15-20 more coins for me.
Once it all goes live, the company will also sell mining contracts to members and non members and miners get paid in Futurocoin every 60 seconds.
The coin is going to be used for everyday transactions... being used as the currency of value in transactions carried out in traditional stores and businesses.
That is most of everything I know about it until now... I might have missed something out, for which I am sorry, but if you ask me for any clarification I will surely help you.
The link to the company is...
http://manishva.futurenet.club/infoSorry for the long post... I just explained it here because you asked me what this whole project was about.