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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 concepts (decentralized health data platform). Unlike other tokens, we want to develop a clear value proposition and create a sustainable path for our tokens to achieve its intrinsic value over time.
Our goal is to speed up the funding required for this (rental/subscription plan) business, thus accelerating the market entry. SR coin participants around the world can witness the scarcity of SR coin through the repo policies we implement.
The funds raised through SR coins are mainly used to purchase high-yield products in business plans (rental/subscription plans). These products have higher asset profits (sales profits above 50%) than real estate and are more liquid. Once these assets generate profits through the (rental/subscription plan) business plan, we will initiate our repurchase and refinancing policies to increase the value of the remaining SR coins.
1. SR coins have underlying assets that support their value.
From ancient times to the present, all transaction currencies must comply with the following three functions. The first is the medium of exchange, the second is the unit of transaction, and the third is the store of value. Currencies in circulation such as the US dollar and the euro meet these standards. Similarly, Bitcoin also meets the standards of medium of exchange and unified and computing, but it cannot become a store of value.
To meet the standards of the reserve of value, Bitcoin must prove that it can maintain future purchasing power. However, as a new currency unit, Bitcoin’s price fluctuates greatly, and there are still questions about whether it will become a sustainable currency in the future.
The main reason for the large fluctuation in Bitcoin’s price is that Bitcoin does not have any underlying assets that support its value. Without any underlying assets that support its value to represent the value of Bitcoin, it will be difficult for the general public to rank the value of Bitcoin.
This leads us to question how much money should be invested in this cryptocurrency?
To address the long-term problem of this cryptocurrency, we introduced SR coins, which are valuated through its underlying assets.
When a customer (rental/subscribe) K Rental's service, the SR coins will use accounts receivable as the underlying asset that supports its value. In other words, the amount of cash on accounts receivable is the value of SR coins. Accounts receivable equals the cash flow generated by the monthly fee of a 5-year (rental/subscribe) contract.
Simply put, accounts receivable are also equivalent to the cash flow generated by the monthly (rental/subscription) fee, while the (rental/subscription) agreement is 60 months or more
Accounts receivable = monthly (rental voucher/subscription) fee x 60 months
Accounts receivable for each massage chair (rental/subscribe) contract is USD 4,967
In other words, if 1,500 massage chairs are rented out, the total accounts receivable will be $89.4 million per year. (1500 units
(Multiple with X) $4,967 (Multiple with X) 12 months)
SR coins are issued based on accounts receivable generated by the (rental/subscribe) plan, and the cash flow generated from the (rental/subscribe) plan plays a crucial role in retaining the value of the SR coins.
The massage chair (rental voucher/subscribe) plan is a legal contract and the client is obliged to pay (rental voucher/subscribe) fees within the contract term. To this end, SR coins have unique security that other cryptocurrencies do not provide. When it comes to SR coins, ICO holders do not have to worry about the store of value role of cryptocurrencies. SR coins offer sustainable and attractive investment options to meet three important characteristics of the currency.
ICO, (rental/subscribe) business model and SR coin price.
2.SR coins do not have any risk of losses caused by the collapse of the company's structure or failure to start the project.
The funds raised in the ICO through SR Coin will be invested in the business model project of massage chairs (rental/subscribe) and operated by an established company (K Rental), so there is no fundamental risk to the SR Coin project.
In addition, ICO holders will have the opportunity to visit K Rental in Malaysia through the visit plan. The holders will be able to witness the progress of the project first-hand. Information about the access plan will be published on SRCoins.info on 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 higher currency prices. This policy is used to give back to our ICO holders.
30% of the revenue generated by the (rental/subscribe) project will be used for the repurchase policy. This is similar to Samsung's method of purchasing its own stocks to keep the stock at a high price. The results of the repurchase policy will be announced on SRcoins.com
.
4. We will return 20% of the profit generated by product duplication to ICO participants in the form of Ethereum tokens. This policy will last for three years and is only applicable to participants in ICOs. Participants do not need to own SR coins to obtain this benefit.
The value of Ethereum-based tokens is likely to increase in the future, and this will also be regarded as a reward for one of the ICO participants. When the ICO is over, the Ethereum token will be delivered directly to the participant’s private e-wallet.
5 You can exchange SR coins for preferred shares of K Rental.
Currently, the stock price of K Rental is $25
As of June 2018, the exchange rate of 15,000 SR coins equals 1 unit of K Rental stocks, and after June 2018, the new exchange rate will be announced on our website
If you convert SR coins to K Rental stock, you will get twice the profit (1 SR coins = US $0.001).
When the SR coin is converted into K Rental stock, the scarcity of the SR coin will increase.
SR coin holders have three benefits by providing stock conversion options
1) Other crypto token holders may have difficulties when cashing out under strict cryptocurrencies, but SR coin holders can convert their tokens into K Rental stocks.
2) If the holders of SR coins (15000 SR coins = $15) decide to exchange their tokens for K Rental stock (1 K Rental stock = $25) by June 2018, profit will be available
3) Accounts receivable generated through the (rental/subscribe) business model also allow token conversion policy to improve the stability and value of SR coins.
Related links:
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*The above content is compiled by the official account of non-small accounts. If reprinted, please indicate the source.