What is FundYourselfNow Coin?
FundYourselfNow Coin is part of a new crowdfunding page that a cryptocurrency uses and advanced technologies. While there are other crowdfunding sites, Fund Yourself Now offers low transaction fees, staggered payments, and social ratings to help you quickly complete projects, products, or ideas.
What is FundYourselfNow Coin?
After Internet research, Fund Yourself Now was registered on March 27, 2016 and updated on February 23, 2017. However, the site will be private. The site also contains a list of people who state that they are a part of the Fund Yourself Now company.
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At the top stands Jack Ser. According to the website, Mr. Ser is the founder of Fund Yourself Now. The biography on the website states that Mr. Ser operates several facilities in Singapore. He also provides IT design and solutions for businesses and has 10 years experience in business consulting.
The second in the group is Kenneth Tan, who is listed as co-founder of Fund Yourself Now. According to his biography, he has 10 years experience in design, mobile app development and e-commerce platforms. The site states that he likes to help startups. The website also lists Solution Architect, Venkat Krishnan and UX Designer, Charlene Bautista.
FundYourselfNow Coin – The Offer
There are no products for sale on the Fund Yourself Now website. The website is still in the launch phase.
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The site mentions “FundYourselfNow Coin Tokens” that can be bought, these are digital units. According to the website, they have a token offer of 10 million. If Fund Yourself Now does not meet its financing budget, all invested money will be returned to investors and the unsold tokens will be fixed in one contract until a second ICO is executed to raise additional capital.
FundYourselfNow Coin – The FYN Token
FundYourselfNow Coin are utility tokens that can be used on the FYN platform. The initial currency for the smart contract they support is Ethereum and the FundYourselfNow token. FYN is an Ethereum ERC20 token.
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The projects are expected to accept up to 20% of the funding amount in FundYourselfNow Coin FYN tokens, with no upper limit to the acceptance of FYN tokens. Supporters will receive additional project tokens if they use FYN tokens to incentivize FYN token usage.
In the later stages of development, the company wants to build a marketplace that enables projects to hedge against currency fluctuations in the ETH by switching to more stable coins such as Dai, DGX or Santador. This ensures that projects with staggered payments are not subject to major currency fluctuations that may affect project cash flow.
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