UMA CHIT FUND One Of The Great Indian Project In Crypto Market
ABOUT CHIT FUND
Chit Funds is a Non-banking monetary introduction originated in India which comes Under the RBI acquit yourself 1934. Chit Funds are a time-honored agency of savings and borrowing in which members or subscribers harmonize to supply a permanent sum of change for a predetermined duration of time. The full quantity collected(by foreman) is next auctioned and set out as prize change to the limb or subscriber in need. therefore this allows the members to stop a capacity of Their income for the era while needed. Chit Funds partake of gained an immense import in the monetary business for the reason that of the buck consequence rates. formerly or other fiscal obtain charges a gigantic quantity of interest. Chit Funds strive to offer the mainly difficult consumer boundary to the users of the bill group. all users would gave a true time renovate on the topic of their bill purchase, imminent or pending EMI's, real reimbursement in the arrangement of dividends, borrower's ration for both month. Chit Funds are beneficial for not lone large-scale industries but plus slight industries that necessity fiscal scaffold to increase their business.
DESCRIPTION OF UMA CHIT FUND
Uma Chit Funds Private LTD is an online - based tab burial crowd registered under the receipt cremation Act,1982. Uma Chit Fund is an far along edition of Rotating economy and trust Associations bring into being across the globe. It serves group with imperfect contact to banking amenities and gives them right of entry to savings and borrowing schemes. It is a non-government ballet company handled by confidential entities located in Maharashtra, India. The platform is enabled with smart contracts and bestow lots of added item in the middle of with lofty encryption, records precautions and incomparable transparency. The core motto behind establishing such online bill stock ballet company baked by blockchain technology is to alow its users to salvage approximately duty of their revenue for opportunity requirements and expenses.
PROFITS OF UMA CHIT FUND
Uma Chit Fund would offer various benefits to the customers which would include the following:
- Providing value to the participants
- Optimizing the platform functioning cost
- One hundred percent transparent and zero chances of fraud/scams
- Borrowing money without any financial documentation
- Extensive and protracted savings with maximized profits
TOKEN DEFINITION
Uma Chit Fund token(UCF) is an ERC-20 acquiescent coin issued on the Ethereum platform. It is a helpfulness empty on the Uma Chit Fund platform.
Token details:
Total amount: 1,000,000,000
Private sale soft cap: $ 50,000
Private sale hard cap: $ 1,00,000
Public sale soft cap: $ 2,00,000
Public sale hard cap: $ 4,00,000
Token price: $ 0.1(equivalent in USDT,BTC, & ETH)
Token distribution
- Team: 30%
- Private sale: 10%
- Public sale: 30%
- Reserved: 27%
- Bounty and Marketing: 3%
ROADMAP
2019: Concept formation
2019: Whitepaper creation starting
August 2020: Website launch
2021: White paper finalised
April 2021: commencement of private sale round
December 2021: MVP released & marketing campaign
January 2022: commencement of public sale and product testing
April 2022: Final product release
TEAM
- Rohan Kotkar-CEO | Founder | Treder/Blockchain consultant
- Ronak Surana- COO | Content manager
CONCLUSION
Blockchain innovation has been effectively practicable to abundant stages around the world, principally on stages like contest and AR, blockchain innovation has scores of capacities which distress the stage to occupation lid compared to customary innovation. Also, Uma Chit Fund is at this end as a platform that will sell the maximum blockchain invent answers for the virtual sphere shortly on
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For more information
Website: https://umachit.fund/
Facebook: https://www.facebook.com/umachitfund
Twitter: https://twitter.com/umachitfund
Telegram: https://t.me/umachitfund
Proof Of Authentication
Forum Username: Mbappe
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2285944
Telegram Username: @mbulappe
ETH Address: 0x33De340287A974987Dd56D711554a538cDe54F3A