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Srcoin aims to create a decentralized health information platform. The basic model of the Srcoin project is a combination of real-world business (massage chair subscription business) and blockchain concept (decentralized health data platform). Unlike other tokens, we want to develop a clear value proposition and create a sustainable path for our token to realize its intrinsic value over time.
Our goal is to expedite the financing required for this (rental/subscription plan) business, thereby accelerating time to market. SR coin participants around the world can witness the scarcity of SR coins through our implemented buyback policy.
Funds raised through SR coins are mainly used to purchase (rental/subscription plan) high-yield products for business plans. The asset profitability of these products (sales profit higher than 50%) is higher than that of real estate and has higher liquidity. Once these assets generate profit through the (lease/subscription plan) business plan, we will initiate our buyback and refinancing policy to increase the value of the remaining SR tokens.
1. SR coins have underlying assets that support their value.
From ancient times to the present, all transaction currencies must meet the following three functions. The first is a medium of exchange, the second is a unit of exchange, and the third is a store of value. Currencies in circulation such as the US dollar and the euro meet these criteria. Likewise, Bitcoin qualifies as a medium of exchange and unification and computation, but cannot be a store of value.
To meet the criteria of a store of value, Bitcoin must demonstrate that it can retain future purchasing power. However, as a new currency unit, the price of Bitcoin fluctuates widely, and there are questions about whether it will become a sustainable currency in the future.
The main reason for the large fluctuations in the price of Bitcoin is that Bitcoin does not have any underlying assets to support its value. If there is no underlying asset that supports its value to represent the value of Bitcoin, it will be difficult for the general public to value the value of Bitcoin.
This makes us question how much money should be invested in this cryptocurrency?
To solve this long-term problem of cryptocurrencies, we introduce SR coins, which are valued by their underlying assets.
When a customer (rents/subscribes) K Rental's services, SR Coin will use accounts receivable as the underlying asset to support its value. In other words, the cash amount of accounts receivable is the value of SR coins. Accounts receivable equals cash flow from monthly fees on 5-year (lease/subscription) contract.
In simple terms, accounts receivable is also equal to the cash flow generated by the monthly (lease/subscription) fee, and the (lease/subscription) agreement is 60 months or more
should Accounts Receivable = Monthly (Rental/Subscription) Fee x 60 Months
Accounts Receivable per Massage Chair (Rental/Subscription) contract is $4,967
In other words, If 1,500 massage chairs are leased out, the total annual receivables will be $89.4 million. (1500 units
(Multiply and X) $4,967 (Multiply and X) for 12 months)
SR Coins are issued on account receivables arising from the (Lease/Subscription) program from (Rent /subscription) program plays a vital role in preserving the value of SR coins.
The massage chair (rental/subscription) plan is a legal contract, and the customer is obliged to pay the (rental/subscription) fee within the contract period. To this end, SR coins have a unique level of security not offered by other cryptocurrencies. When it comes to SR coins, ICO holders don't have to worry about the cryptocurrency's role as a store of value. SR Coins offer sustainable and attractive investment options that satisfy three important characteristics of a currency.
ICO, (rental/subscription) business model and SR coin price.
2. SR coin does not have any risk of loss that may be caused by the collapse of the corporate structure or failure to start the project.
The funds raised in the ICO through SR coins will be invested in the business model project of massage chairs (rental/subscription), and will be operated by an established company (K Rental), so the SR coin project has no fundamental risk.
In addition, ICO holders will have the opportunity to visit K Rental in Malaysia through the visit program. Holders will be able to witness the progress of the project firsthand. Information about access plans will be published on SRCoins.info at a future date.
3. In 6 years, we will continue to increase the scarcity of SR coins through repeated repurchase policies, thereby pushing SR coins to a higher currency price. Use this policy to give back to our ICO holders.
30% of the revenue generated by the project (rental/subscription) will be used for the repeat buy-back policy. This is similar to how Samsung purchases its own stock to keep its price high. Results of the buyback policy will be announced on SRcoins.com
.
4. We will return 20% of the profits generated by product duplication to ICO participants in the form of Ethereum tokens. This policy will last for three years and will only apply to ICO participants. Participants do not need to own SR Coins to receive this benefit.
It is very likely that the value of Ethereum-based tokens will increase in the future, and this will also be considered as a reward for one of the ICO participants. When the ICO ends, Ethereum tokens will be transferred directly to the participants' private e-wallets.
5 You can exchange SR tokens for preferred shares of K Rental.
The current stock price of K Rental is $25
As of June 2018, the exchange rate is 15,000 SR coins equal to 1 unit of K Rental stock, after June 2018, the new exchange rate will be posted on our website Announcement
If you convert SR coins to K Rental shares, you will get twice the profit (1 SR coin = US $0.001).
When SR coins are converted to K Rental shares, the scarcity of SR coins will Increase.
By providing stock conversion options, SR token holders have three benefits
1) In the case of strict regulation of cryptocurrencies, holders of other crypto tokens may encounter difficulties in cashing out, but SR tokens Holders can convert their tokens into K Rental shares.
2) If holders of SR tokens (15,000 SR tokens = $15) decide to exchange their tokens for K Rental shares (1 K Rental share = $25) before June 2018, they will receive Profit
3) Accounts receivable generated through the (lease/subscription) business model while allowing tokens to be converted into stocks can improve the stability and value of SR coins.
Related links:
https://www.qukuaiwang.com.cn/news/6075.html
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.