So how does it really benefit an investor to get in on this project? in other words how do i make money of this coin? is there a buyback plan? is there profit sharing from the P2P lending? apart from just selling coins on exchange which i can do with several hundred coins, how else will i benefit from this?
hi let me explain how p2p agricoin work and how farmers,trader and holder community get benefit
farmers allow to create their project, long term or short term
example: farmers project need fund $1000 for 3 month form start to finish and farmers repayment + 5 - 10%(depend how much they want give interest)
so if in agricoin with rate 100 satoshi
$1000 = 80000000 satoshi = 800000 AGC
so we need 800k AGC let say have 8 community investor here so they invest each 100k AGC/ person for this project if project fully raise fund, AGCFUND(p2p Lending) will give $1000 to farmers and start their project after 3month
farmers pay to AGCFUND $1100 and we will paying back 100k + 10k interest AGC each community investor,
how agcfund get 10k interest? yes we will buy back agricoin on the market,
how agcfund generate profit? we will charge 1%/Project
