The main incentive behind this asset is the CIF Business Rewards Program. This program will reward businesses for their increased awareness, involvement and acceptance of the cryptocurrency market. To qualify for the rewards program, businesses must incorporate and use cryptocurrency as a viable payment method for their clients. The type of cryptocurrency at this point is not defined due to the fact that this asset is meant to increase the awareness and acceptance of the cryptocurrency market as a whole entity – not promote an individual coin. The program will be offered at zero cost to the businesses involved with our value added services being our revenue source. To qualify for our rewards program, businesses must show 6 months of sales transacted via cryptocurrency. We are implementing this procedure to ensure members of the program are legitimate and to reduce the leaching of CIF. The business must also show proof that the means of payment (various altcoins) are advertised and communicated to clients.
Businesses will receive a quarterly amount (“allowance”) of CIF based on total asset value once calculated upon ICO completion. The allowance will have to be recalculated against total asset price if asset price increases or decreases. Total quarterly CIF allowance will be calculated based on the monetized volume of business conducted with cryptocurrency. Greater volume of transactions will equal a greater allowance. The goal is not only to incent businesses to use cryptocurrency, but reward them for doing so! Cryptocurrency training and consulting will be offered to businesses who are involved in our rewards program (see – Value Added Services). This allows them to exchange CIF for Fiat currencies or use CIF for our value added services and customer loyalty altcoins. With CIF, the merchant demand is reflected back onto the underlying market which in turn increases the value of the altcoin. CIF is an altcoin with a fixed supply. Considering there is a certain finite amount created for qualified businesses per quarter, the value will continue to rise as demand increases and supply is controlled. The CIF unit price will continue to rise making the program more attractive to new businesses and more lucrative for early adopters.
October 1 2017
Preliminary Software Development
Secondary Software Development
Attention. There is a risk that unverified members are not actually members of the team
CRYPTO IMPROVEMENT FUND (CIF)
CIF is an advanced application of block chain technology by an improved e-Commerce integration application that allows for trade using the crypto currencies aimed at income development through the rewards from CIF upon implanting their policies.
Easy acceptance: The CIF is able to accommodate clients as well as business owners trough the decentralized ledger that enable the use crypto currency to traditional capital markets. This helps in elevating the existing businesses and creating additional revenue which leads to economic development.
Less costy: The application of block chain technology in this project reduces any further cost incurred during business transactions as it requires zero charges to the clients in each transaction with secure payment gateways available on Visa or PayPal. This improves customer remittance efficiency which helps in generation of more returns within the businesses through improved operational efficiency.
The CIF is also listed on several major exchanges allowing the business holders to trade the crypto currencies with the other currencies. This makes the business owners to become more attractive in an emerging market of consumers making the project profitable.
Illiteracy: Lack of proper education is the key barrier on the application of block chain technology as the business owners cannot clearly understand the application of crypto currency and its relation with the other currencies so as to generate more profit.
With proper block chain education on the practical application of the crypto currencies and decentralized ledger the project will be of great help in the transformation of the business as it will promote easy and less costy transactions with improved business efficiency. This therefore makes the investment very effective.
Crypto Improvement Fund is a project that wants to promote the overall use of cryptocurrencies across the business world. Today, many businesses are hesitating to adopt cryptocurrencies because they have no incentive. Crypto Improvement Fund plans to give businesses an incentive to accept cryptocurrencies and promote the use of cryptocurrencies. To do that, Crypto Improvement Fund is creating CIF tokens. Those tokens will be used to reward businesses for their cryptocurrency transactions. Businesses can then give tokens to customers every time a customer makes a cryptocurrency payment. In addition to the token mechanism, Crypto Improvement Fund has plans to promote cryptocurrency adoption in eCommerce, and to create business dashboards and enhanced wallet applications across mobile and desktop operating systems.
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