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About WorldCoinNetwork(WCN)

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Now, give us a detailed explanation of World Coin Network

World Coin Network aims to bring a stable Middle Eastern Crypto Currency to help facilitate trade and foster a culture of innovators and builders through a four pronged approach –

1) Digital Currency Stability

2) Regional Partner Coins

3) Sharia Lending Platform

4) Charity Community Enrichment

World Coin Network (WCN) will help leapfrog the 85% of the unbanked Middle East into a new digital era of wealth management, crypto currency and stable banking instruments. 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

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.

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.

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.

Charity: 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

Team

WorldCoinNetwork's team members.

Roadmap


 
ICO AND WORLD COIN DEPLOYMENT We will roll out WorldCoin after our ICO for initial coin usage and open market trading. 12-1
DEVELOP PLATFORM FOR NATIONAL EXCHANGES We will also immediately start development on our platform, featuring security minded coding and not relying on existing security infrastructures. (This is for exchanging tokens (AED <-> AEDT)(NO Kyber contracts yet.))
WE WILL THEN START TO DEPLOY OUR LOCAL MARKETS COUNTRY-BY-COUNTRY The order of country deployment will be determined by initial demand and further market research etc. We will then create an exchange on top of the platform developed on step 2; This we be our own Middle East mini exchange for our token holders to use. Then we can develop partnerships with local banks to store fiat reserves. All the banks we work with help us in our quarterly investor screened audits of cash reserves on hand... (if only everyone
WE WILL THEN BEGIN WORKING WITH KYBE (PARALLEL WITH DEPLOYING LOCAL MARKETS) To create a unique (non-market exchange reliant) token exchange service for easy conversions between national tokens and WorldCoin.
MOBILE APP DEVELOPMENT Our mobile app will allow token holders to store national tokens and convert them to/from national currencies and to/form WorldCoin. This will allow people to send tokens and WorldCoin to friends.
WORKING WITH MERCHANTS We then shift our focus on working with merchants to help them accept national tokens and WordCoin for their services and goods. Creating a platform which they can easily integrate into their existing businesses.
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Quick notes

Tokenomics

Token Info

Price: 1ETH = 4500WCN Soft Cap: 600ETH Hard Cap: 5000ETH Buy with: ETH Location: Saint Lucia Restricted: USA

Other Info

MVP/Prototype: No Escrow: No Category: Financial Services

User ratings

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Now, give us a detailed explanation of World Coin Network

World Coin Network aims to bring a stable Middle Eastern Crypto Currency to help facilitate trade and foster a culture of innovators and builders through a four pronged approach –

1) Digital Currency Stability

2) Regional Partner Coins

3) Sharia Lending Platform

4) Charity Community Enrichment

World Coin Network (WCN) will help leapfrog the 85% of the unbanked Middle East into a new digital era of wealth management, crypto currency and stable banking instruments. 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

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.

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.

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.

Charity: 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

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