What are the plans of Futira Coin?

primedefi (28)in #crypto • 2 years ago

To begin with:

Following the completion of their work, we would like to organize a token/coin sale in an effort to raise funding to enable the network to be built throughout the equatorial region. It will be necessary to issue tokens or coins in order to reimburse the costs involved with the network's development and operation. These tokens or coins will be used to achieve a variety of objectives, including the following: Our fundraising efforts will be kept absolutely discreet for the time being, with the intention of making them public on February 25, 2022, when the deadline for entries has been met, as previously stated.

The overview of the Futira’s future plans:

We expect to raise a total of around $400,000,000 (four hundred million United States dollars) throughout the course of this year, with a minimum of $4,000,000 raised in the first quarter (four million US dollars). As a result of this funding, developed countries such as Malaysia will be able to create networks that will provide coverage for remote places in developing countries such as the United States, which will be beneficial to both nations.

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Futira Token/Coin will also be used to fund the real network infrastructure, as well as to support the operation and provision of network services, in addition to being used for other purposes. With a special emphasis on the developing world, Inovatian's initial goal is to construct these networks in all of the world's poor, underdeveloped, and developing counties, starting with the least developed. As the organization grows, Inovatian will continue to build on these existing networks. Their projections are that customers in advanced countries will most likely wish to connect to the network using their WiFi hot spots once it is up and running, once the network has been established. Additionally, in addition to individual users, hotspot firms and other organizations may be able to reap the benefits of this service as well.

Unquestionably, money transfer solutions in Africa, as well as in Futira's target market in general, are in high demand and must be available. As a result, they are aiming to obtain access to the largest portion of this industry in the shortest amount of time possible. Consequently, as a result of their findings, they are currently in discussions with a number of countries about how to make this procedure legal and acceptable in their respective jurisdictions. In order to expedite the sale of the company's products and services, the company's distributors will serve as both cash-accepting and cash-dispensing facilities. People who participate in Futira Coin and have their cryptocurrency stored in an investment wallet rather than their network credit wallet will not be subject to the provisions of this rule, as will people who do not own Futira Coin and do not have their cryptocurrency stored in an investment wallet.

The cherry on the top:

It is likely that accepting payments in fiat currencies will prove to be an extremely successful strategy for preventing network users from being confused about digital currencies. Your Futira Coins will be used to pay down the balance on your credit card account that is still outstanding. Because of the growth in the value of Futira, you will be able to spend more money as a result of the increase in currency value. If it goes down, you will no longer be in danger of being hurt or killed. Because of this, users will be encouraged to make additional deposits into their network credit balances to maintain their network connectivity. Under all circumstances, the user will never receive any actual money in return for delivering these monies to the operator in compensation for the services they have received from the operator. Users have the option of transferring them to other users; however, in order for them to be valid, they must be used on the network.