The Middle East Financial Crises:
With over 85% of the 700 million people living in the Middle East are unbanked, with no access to credit, credit/bedt cards, or formal banking. This hinders economic progress and continues the cycle of poverty. We have taken a four pronged approach to help create the first Crypto Currency to tackle the problems faced by millions of people.
Empowering the Middle East, facilitating trade and job creation are our main goals. World Coin Network, is a financial services business that will help banks integrate the World Coin Network tokens and infrastructure into current systems. We will do this by partnering with money changers in the region and have them also sell WCN coins. We have partnered with over 30 exchanges in Pakistan, and branching out to other regional areas in the Middle East.
We believe from the overwhelming interest in World Coin Network and its goals in the Middle East, an increase of overall participation, liquidity, and volume will add value and additional revenue to our company.
We have taken a four pronged approach to help create the first Crypto Currency to tackle the problems faced by millions of people
Seamless Lending Platform will facilitate trade and foster a culture of Builders and Dreamers. Our Sharia compliant lending platform will loan 50,000 - 100,000 loans a year at 0% interest, and cultivate a community of WCN holders and users.
Micro loans from 100 to 1,000 WCN tokens will be handed out. These loans can change people’s lives and increase the quality of life for an entire family. As customers repay the loans we will also provide them and the business with credit rating scores, thus enabling them to participate in global commerce.
Regional partner coins will help spread digital currency across the Middle East and rapidly expand the reach of World Coin tokens. Our plan is to fork and create partner coins, like Iraq Coin or Afghan Coin to also utilize the World Coin Network and adhere to regional financial laws.
Community Enrichment: Keeping with our ideals of creating a stable and prosperous Middle East, we will be allocating a portion of our profits for Zakat (charitable tradition). We will be donating 20% of our transaction fees to non-profit educational charities in the Middle East
Total Supply 100,000,000: 30% Crowdsale, 15% of the tokens will be Reserved and offered after the platform launches. They will be sold to local financial institutions, digital and physical currency exchanges, as well strategic corporate partnerships, 15% Lending Platform, 15% founders, advisers and team members, 20% Marketing, 5% Bounty
ICO and World Coin Network deployment
Develop a platform for National Exchanges
We will then start to deploy our local markets country-by-country.
We will then begin working with Kyber
• Developing a mobile app (parallel to 2, 3 and 4)
Working with Merchants
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