New initiatives to boost the uptake of cryptocurrency from the early adopters, to become a mainstream form of payments, have been needed for some time. Now a new concept that’s launching, by some Cryptocurrency companies aims to do just that.
It’s called the 10X Crypto Guarantee.
It offers crypto buyers of select cryptocurrencies, to be able to pay an additional fee, of approximately 6.95% on top of their minimum crypto purchase( as low as $1000 USD purchase on some cryptos ) to have a written guarantee that if the crypto they purchase doesn’t 10X within a certain time frame, they can have it bought back at the initial price paid.
This makes it incredibly attractive for buyers to potentially profit, and if not to at least get 100% of their capital back.
The time period varies ,but one such crypto currency that is offering a 10X Crypto Guarantee, called Truthcoin.social, offers a 10X period of 36 months, or they’ll guarantee a buyback at 100% of the purchase price.
Some may ask why, and how can some cryptocurrency companies provide such a guarantee.
Firstly they can do it by having access to parcels of cryptocurrency from Private Placements, at heavily discounted prices, to the current market price , thus increasing the likelihood of 10X of the price, for buyers.
Some stable coins are offering 10% pa returns for Staking for 12 months, or longer, such as a new Tether in BRICSTether, (http://BRICSTether.com), an alternative to the USDTether. BRICSTether recently launched an Azbit.com and Coinbits.com and soon larger exchange Hotbits.com.
Therefore it offers a unique, way for crypto enthusiasts to purchase cryptocurrency, to make large 10X returns, but if that doesn’t eventuate, to have the peace of mind, to have a 100% buyback of their cryptocurrency purchase within a certain time frame, for example of 36 months, for a fee of 6.95% .
Will this become more widely adopted, is yet to be seen, but it could help in a wider scale adoption by more conservative buyers. Many who have not bought crypto due to its high price volatility.
Many experts are now saying Cryptocurrencies are at the start of a new bull run, with Bitcoin expected to rise to $100,000 USD within the next 12-18 months. It’s risen 65% this year alone.
With new initiatives, such as 10X guarantees, a investment banking type idea, it may see a new type of investor dip their toes into Cryptocurrency for the first time.
Any information presented in this document is given purely as illustrations and should not be construed as specific investment recommendations; It is general in nature and does not take into account your objectives, financial situation or needs. The laws relating to investment, taxation, benefits, and the handling of money are constantly changing and are often subject to changes in government policy. Whilst every care has been taken to ensure the accuracy of the material contained herein at the time of publication and presentation, the author, presenter, promoters nor the publishers will bear any responsibility or liability for any action taken by any person, persons or organisations on the purported basis of information contained in the document herein. Without limiting the generality of the a foregoing, no person, persons or organisations should invest monies or take other action on reliance of the material contained herein but instead should satisfy themselves independently (by seeking expert advice or otherwise) of the appropriateness of any such action. All investing carries some risk and you should seek professional financial advice prior to investing.
The purchase of tokens is no guarantee of return and are strictly non refundable. Tokens can lose some or all of their value and should be considered speculation.
If paying with credit card you accept this token purchase is non refundable and I hereby agree to never request a merchant chargeback. The credit card billing company name will appear different to Truth Coin depending on which merchant is being utilised. A receipt will be emailed and a email confirmation of my order.
Tokens are strictly nonrefundable. If you purchase by credit card you agree to never request a merchant chargeback.
You should only purchase tokens with money you can afford to lose. You will be emailed a confirmation of your order. Please check junk box
The purpose of this White Paper is to present Truth Coin to potential token holders in connection with the proposed Token sale. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with intent of purchasing Truth Coin Tokens.Nothing in this White Paper shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction, which are designed to protect investors.
Truth Coin Token is a utility token. This product is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act, the securities laws of any state of the United States or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident.
Truth Coin Token cannot be used for any purposes other than those provided in the White Paper, including but not limited to, any investment, speculative or other financial purposes.
Truth Coin Token is not intended for sale or use in any jurisdiction where sale or use of digital tokens may be prohibited.
Truth Coin Token confers no other rights in any form, including but not limited to any ownership, distribution (including but not limited to profit), redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, other than those specifically described in the White Paper.
Certain statements, estimates and financial information contained in this White Paper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forwardlooking statements. White Paper can be modified to provide more detailed information.This English language White Paper is the primary official source of information about the Truth Coin Token. The information contained herein may from time to time be translated into other languages or used in the course of written or verbal communications with existing and prospective customers, partners etc. In the course of such translation or communication some of the information contained herein may be lost, corrupted, or misrepresented.
The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies between such translations and communications and this official English language White Paper, the provisions of this English language original document shall prevail