The ROSCA method is a group of people who gather together at a certain time to store and borrow ideas. This is a combination of peer-to-peer (P2P) banking and peer-to-peer (P2P) loans. In developing countries worldwide, more than 1 billion people or 17% use ROSCA to store / borrow and support each other in their trusted communities. In addition, more than 2 billion people or 39% of the world's population do not have bank accounts in the world, and they may need help for some financial activities, such as credit. The banking system is at odds with its purpose of serving the rich, not the poor.
For people who do not have a bank account, there is no good salary, it will be very difficult for them to receive financial support, such as bank loans from traditional financial institutions. In fact, this is a group of people most in need of help. In addition, the fees for commercial bank loans will be high for this group of people. ROSCA world market volume is estimated at more than 500 billion US dollars per year. (The calculation will be 1% -10% of the country's GDP, oriented to India). In addition, the P2P lending market is growing rapidly and has a market capitalization of $ 70 billion per year worldwide.
The mission of the Roscacoin project are :
1. Build ongoing partnerships with wealthy and business people who will invest to provide financial solutions and seek access to financial opportunities for those in need.
2 . Create a decentralized financial solutions system using blockchain technology.3 3 . Create a transparent platform for each involved party to enable users with the power to monitor and manage their financial solutions without third party involvement.
4. Create a crypto community where rich and commercial companies connect directly with their stakeholders.
Token
Token name: RCA (ROSCAcoin)
Standard: Standard Token Ethereum ERC20
Number of tokens: 10,000,000,000 (10 billion) non-reissued
Number of tokens sold: 3,000,000,000 (3 billion)
Method of exchange / payment: ETH and BTC
Holding - ICO: March 2018
-5% of the funds set up reserves for unforeseen circumstances.
Roadmap
2017
- September - Market research
- October - business plan, marketing plan, documentation
2018
- March - launch of ICO
- April - launch of ICO
- July - ROSCA Lending Circle (RLC) Core & Mobile Development
- August - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Testing MVP, enabling ROSCAcoin in the token exchange platform
- October - ROSCA Lending Circle (RLC) Final product development2019
- January - Product development ROSCA (RCS)
- April - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Go Live
- May - Credit rating ROSCA (RCS) Go Live
- August - Platform ROSCA P2P (RPP) Core & Mobile Development
- October - testing the MVP P2P (RPP) MVP platform2020
- January - Developing the ROSCA P2P (RPP) platform
- April - Platform ROSCA P2P (RPP) Go Live
- July - ROSCA Crowdfunding Platform (RCP) Core & Mobile Development
- August - MVP test on ROSCA platform Crowdfunding Platform (RCP)
- October - Development of the final development of ROSCA Crowdfunding Platform (RCP)
2021
- January - ROSCA Crowdfunding Platform (RCP) Go Live
- April - ROSCA Lucky Draw Platform (RLD) Core & Mobile Development
- June - ROSCA Lucky Draw Platform (RLD) MVP Test
- October - ROSCA Lucky Draw Platform (RLD) Final product development
2022
- January - ROSCA Lucky Draw Platform (RLD) Go Live
- March - Charitable platform ROSCA (RYP) Core & Mobile Development
- May - ROSCA Charitable Platform (RYP) The MVP Test
- August - final product development ROSCA Charity Platform (RYP)
- November - Charitable platform ROSCA (RYP) Go Live
Website : https://roscacoin.io/
Technical description : https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper-V1.0-4.pdf
Twitter : https: // twitter .com / RoscacoinToken
Facebook : https://www.facebook.com/Roscacoin/
Telegram : https://t.me/roscacoin
User Name : dimasarwana
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