Finecoin.io – How it works, Reddit, Price, Contact, Road Map, Fine Coin
Finecoin is reportedly designed to give people the power to reach financial freedom and earn passive income by investing their assets for substantial returns.
However, FineCoin has no information on their website about who owns or runs the business. The FineCoin website domain (“finecoin.io”) was privately registered on December 9th, 2017.
FineCoin claims to be “the first and safest European lending platform”, however the USD is used as a currency throughout the FineCoin website.
But FineCoin could be run by anyone anywhere. FineCoin has no retail-able products or services so affiliates are only able to market FineCoin affiliate membership itself.
FineCoin affiliate membership costs a minimum $100 investment. FineCoin has no evidence of a trading bot existing which means new investment is the only verifiable source of revenue entering FineCoin.
Using newly invested funds to pay existing affiliates a daily ROI makes FineCoin a Ponzi scheme.
According to FineCoin, “FineCoin’s future goals are very clear, and some may say they are overly ambitious. We don’t make promises we cannot keep and work very hard to make sure that our goals are met.
FineCoin aim to become the link between crypto currencies, but also the link between the real world and crypto currencies. Being an intermediary currency would mean any development done on any of the crypto currencies on any platform would benefit us directly.
By adopting a growing number of currencies in our platform from the crypto currency world and the real world we will increase the value of FineCoin to allow us to sustain the growth of our lending program.
Think of the people who lend to our platform as investors earning their investment’s interest on our platform from the profits we make on the exchange.
Apart from that, our Lending program is, similarly to other lending platforms, in USD currency. This means that, when you want to make a loan, you will have to exchange your FINE tokens into USD and lend them to the platform.
Depending on the timeframe of your plan, our coin will appreciate in value, making it possible to pay the interest back to the investors.
We strongly believe that our currency can appreciate in value very fast, since we offer the opportunity for very low buy ins during the presale and the ICO, and are currently in discussion with large scale exchanges worldwide, to be listed right after the ICO is completed.”
To get acquainted with Finecoin’s ROADMAP, Click HERE
To contact FineCoin’s Customer care, send an email to email@example.com . Stay tuned to get updates about FineCoin …
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