AZ FundChain (AZ) Initial Coin Offering - ICO Details & Financial Information

ICO NameAZ FundChain
SymbolAZ
Start DateMarch 01, 2019
End DateMarch 31, 2019
CountryBritish Virgin Islands
PlatformEthereum
Ends
3 Weeks ago
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ROSCA funding (money circles) is an extremely popular way of private funding. Although they are becoming more popular every single day, the traditional way of organizing the circle which is mostly done through private networks set a barrier for honest people looking for funding without interest to access them. Money circle organizers, at the same time, are not always entirely transparent and in some cases, if the organizer is an institution the fees may go up to 5% from all the money being transferred within the circle. Crowdfunding, mostly because of legal barriers are not easily accessible by small business owners which are looking for funding. At the same time, the household economy doesn’t have access nor desire to fund these businesses mainly because of accessibility and trust issues.

FundChain is an accessible, transparent and reliable money circle and crowdfunding application running on completely on blockchain. FundChain aims to become the trusted application for the money circles that are popular but done in traditional ways with being accessible to anyone that uses a mobile application. Although ROSCA funding (money circles) are mostly done through private circles, FundChain will also provide a social aspect which would allow participants to have reputation, background, and feedback that would allow the organizer of the circle to evaluate and accept regardless of that person being previously unknown to the organizer. FundChain, through its crowdfunding feature, will enable small business owners to meet with household investors. The crowdfunding process will be completely transparent. Investors will be able to follow the progress with their investment. Users will be able to join to money circles or invest in businesses through the FundChain application using fiat or cryptocurrencies. FundChain, with its user-friendly interface and transparent system, will solve trust problems involving traditional money circles and crowdfunding.

AZ Token is an ERC20 token. There is a total of 30 Million AZT. It is a non inflationary utility token. No other #AZT can be mined. Part of the raised revenue from the transactions on the app will be used for AZ Token buyback events from the open market.
#azfundchain
#blockchain

#AZFundChain, through its #crowdfunding feature, will enable small business owners to meet with household #investors. The crowdfunding process will be completely #transparent. Investors will be able to follow the progress with their investment. https://t.co/CUoNmPERTC

#AZFundChain aims to become the trusted application for #ROSCA funding (#money #circles) that are popular but done in traditional ways while being accessible to anyone that uses a mobile application.

In anticipation of the upcoming #IEO #AZFundChain on #STEX.com, don't forget to pass KYC/AML through #Stex #xxchange.

The first ever initial exchange offering on https://t.co/rDXkOZW1MI will be #AZFundChain. The offering will start by the mid of May 2019 and will last for a week. Right after the sale, AZT will be trading on @StexExchangeR
#blockchain
#IEO
#stexexchange
https://t.co/l1Axni2lmK

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Price0.6300 USD Sale11,700,000 Payment ModeETH
Minimum Investment10 USD Distribution39% RaisedN/A
Soft Cap5,000,000 USD Hard Cap7,000,000 USD

General ICO Warning:

Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.