Can your project be explained in 60 seconds?
The easiest way to explain it, is a Hedge Fund 2.0. We did comparisons to explain to make it easier for people to understand. Effectively it is a product that is governed by the Community through a decentralised voting system.
We have researchers that will vet investment proposals from the community and will also put proposals forward to the community with an analysis of the opportunity. The Freedom Coin Community will then vote and if approved the investment will be made and monitored through our portal.
All profits of these investments get distributed 60% monthly to the Masternode Holders 30% get reinvested to make sure the fund increases in value in return the Currency will increase in value. 5% Will be given to charities, these charities and funds distributed will go through the same governance system, meaning the Freedom Coin Community decides. 5 % Will be used for operational cost.
Why this a Hedge Fund 2.0
1. Pays Returns Monthly
2. 0% Incentive Fees
3. Can be used as a payment method
4. 24 hours full transparency of Funds
5. The Freedom Coin Masternodes Generate Additional Coins like mining no Hedge Fund or any fund does that.
There has never been anything like it we might be ahead of our time but when we start with the first monthly network support fees payouts in July the world is going to know about this new vehicle.
Bitcoin has seen massive volatility but for the patient investors and early adopters it is still one of highest returning investment. The biggest problem with Bitcoin is transaction speeds, cost of transactions and miners using enormous amounts of electricity we have solved those issues with the Freedom Coin.
We process an average of 307 transaction per second, if you compare it to Bitcoin 4 - 5 tx/sec and Paypal 193tx/sec we have a fast chain. The cost of our transaction are extremely low ,in rands it is 0,0048 cents(less than half a cent). The transaction verification that is done by miners for Bitcoin is done by the Masternodes on the Network thus we do not use extreme electricity plus users that stake their coins will support the network through Pos(Proof of Stake) by staking they are supporting the network and can earn additional rewards.