Value Proposition and Target Market with Business Model on Blockchain Technology (SRCOIN)

Introduction:

Subscription Revenue Business on Blockchain Technology (SRCOIN) is a business model that is subscription based having payment structure which consents several organizations and purchasers to subscribe or purchase vendor’s servings for a set price for a specific period of time. In this business, subscribers can commit to the servings on annual or monthly basis. There are so many famed companies which use this business model are Apple Music, Netflix, Amazon’s Prime Service, Zipcar, Spotify, Dollar Shave Club, IPSY and many more.

Initial Coin Offering (ICO) and SRCOIN Project’s Goals:

• Achieving and distributing massage chairs by a subscription business model.
• Constructing a health monitoring platform as well as connecting all the distributed massage chairs via the Blockchain Technology to a central network.
• Via this SRCOIN platform, all personal health information would be amassed on a database in a time series format as well as all this information could be used by the customers or shared to local drugstores, personal doctors, research facilities as diagnostic measure and preventative for customers involved and for the future improvement in healthcare analytics as well as machine learning technology.

SRCOIN Project’s Value Proposition and ICO:

For increasing SRCOINs intrinsic value and generating stable as well as a long term cash flow, SRCOIN platform is targeting the US $2.2 billion Malaysian and Singapore market for purchasing massage chairs with the subscription business model. Over in next 6 years, the expected return from the SRCOIN Project is approximately 800% and using the Blockchain Technology SRCOIN’s buyback as well as burn policy would be carried through the smart contracts and over the next 6 years the circulation amount of SRCOINs would be decreased by 81%. For exacerbating the SRCOINs expected intrinsic value by 147 times more than the original value, SRCOIN’s subscription business that is combined with decreased number of circulation is increased profitability. From extensive subscription network which is established by K Rental, SRCOIN Project will be benefited and utilized through allowing the ICO contributors to search the real value and see the robust path to profitability in SRCOINs. SRCOIN platform can utilize the data analytics as well as machine learning technology by collecting a time series database of personal health information to detect the early stage diseases, predict the potential health risks and significantly can reduce the medical expenses through ensuring the data available from customers for immediate use upon the agreement. This extensive database will help the medical institutions to search actively for their patients who need treatments, checkups and other medical servings as well as providing those servings to the patients. So, this is one of the powerful opportunities for the public and medical communities to make a sustainable and long term patient and care provider relationship.

Target Market of SRCOIN:

SRCOIN’s main target markets from 2007 to 2016 are Malaysia and Singapore that gave shown explosive growth with a current market size of US $6.8 billion in the subscription business sector. The SRCOIN’s issuer, K Rental that is a Korean-Malaysian corporation, currently has gained the third largest market share closely behind Cuckoo and Coway in subscription business. The headquarter of K Rental is situated in Kuala Lumpur, has 78 stores across the country over 5,000 employees as well as planning on IPO in the Singapore Stock Exchange in 2020. Using the subscription business model, SRCOINs tap into the US $1.1 billion massage chair in market. Using the ICO funding to purchase massage chairs, SRCOINs will utilize K Rental’s existing sales network infrastructure for these massage chairs to promote subscription plan as well as sharing the generated profits with the ICO contributors by the Blockchain Technology. Recently, five main companies are selling massage chairs which are the main product of SRCOIN. With a subscription business model, K Rental can enter the massage chair market and will be capable to take the advantages of an untapped market opportunity.

Business Model of SRCOIN:

SRCOINs not only will be utilized for purchasing assets for subscription business, but also will become a marketable product by holding a high scarcity value on cryptocurrency exchange. In buyback and burn program, 30% of profit that has been earned within the 6 years (from the completion of the ICO to 6 years) will be used that will reduce the supply of SRCOINs as well as will raise the value and the market price of SRCOINs held by ICO contributors. 20% profits that has been earned within the 3 years (from the completion of the ICO to 3 years) will be returned in the currency to the ICO contributors of the Ethereum. Through this smart contract structure, the ICO contributors will be capable to receive a significant amount of the initial investment without selling any SRCOINs. The remaining 50% profits will be reinvested for the fuel subscription business products. In incorporate Blockchain technology, SRCOIN is an ERC20 token. With the modern Blockchain technology, SRCOIN project will be able to merge the reliability and safety of the subscription business to develop and reform the subscription revenue industry, for more information visit the whitepaper https://docs.wixstatic.com/ugd/381b09_7fe74d1fefb941018a2ab462a8e175bb.pdf

SRCOINs Real Values:

SRCOINs will be usable from the completion of ICO in the real world. By using SRCOINs, the holders will be capable to buy massage chairs, water purifiers and other appliances from K Rental. The current 140,000 customers as well as those in the future will have the opportunity to pay their subscription fees with SRCOINs. K Rental will issue the SRCOINs to its 5,000 employees to their salaries in value equivalent as compensation that will represent the real value and immediate use case of SRCOINs. After the successful execution, SRCOINs will have the possibility of being a medium of payment for industries those are related to K Rental. As a useable cryptocurrency of SRCOIN’s entrance in the real world, the SRCOIN having a differentiated scarcity value which cannot be found in ICO cryptocurrencies.

SRCOIN’s Health Platform:

As a platform for SRCOIN subscription business, there are different advantages of using message chairs. Message chairs can collect personal health data of all household members. SRCOIN is planning to collaborate with COMTEK to improve Bluetooth and Wi-Fi for incorporated massage chairs which can measure health information like body temperature, heart rate, blood pressure etc. Every time this health information can be collected repeatedly and easily for everyone who uses the massage chairs. In each type of data that are collected, time series database will display in various trends. For early stage diagnosis, preventive care and other medical treatments, this database can be a very important source of information.

Here are some examples of Personal Health Data Information from Massage Chair:

• Weight
• Heart Rate
• Resting Heart Rate
• Heart Rate Variability
• Blood Pressure
• Height
• Sleep Analysis
• Sleep Apnea Study
• Body Mass Index
• Ankle Brachial Index

Using mobile app or sending email, customers will be capable to access easily in their health information that are collected by massage chair. Government and medical institutions who share all health information requiring customers consent and all the customers can compliance giving the information. Some examples of Health information in database format that are shared with the government and medical institutions are given below:

A. Body Fat Percentage Change Data
B. Body Mass Index Change Data
C. Blood Pressure Notification
D. Time series Relaxation data
E. Time Series Blood Pressure Data
F. Time Series Heart Rate Data
G. Elevated Heart Rate Notification
For more queries visit – https://www.srcoin.info/

Five major Advantages of using SRCOIN

1. The practical currencies of today have developed three important functions which are: measuring unit, exchanging method and value’s stability. The first two of the qualities can be found in bitcoin also. But it’s stability is not that much strong yet. So to prove the worth in the market, bitcoin must uphold its obtaining power in future. And the uncertainty of bitcoin is because it suffers from its lack of fundamental assets. Here SRCOIN is ready to serve these assets at the foundation level. The accounts receivable money flow will be the basic resources that sustenance the importance of SRCOINs. Here account receivable means:

• AR= 60 months’ subscription fee
• Per unit of message chair which is $4,967 USD based contract.
• If there 1500 units every month, the total outcome of one year will be $89.4 million USD.

For this, subscribers are legally ought to pay the subscription fees for the contracted time period. So that’s how SRCOIN offers value stability which other cryptocurrencies can’t.
ICO-SUBSCIRPTION BUSINESS- SRCOIN RATE

1. As the ICO of SRCOIN is very successful, there is no chance of the business going down or not getting establishment. The processes it follows is trustworthy and total risk-free because it is connected to and monitored by the already established company like K Rental. They plan on generating this program to rise clearness, to confirm the ICO contributors’ privileges and to earn their faith, for advancing their trade in the future.
2. It will have a “buyback & burn” policy to uphold insufficiency and make an incentive to raise the price of SRCOIN. The policy will go on for 6 years, when the people will gain profits who use SRCOINS which will decrease the supply to raise the value of SRCOINS.
3. 20% of the profits from the business of message chair subscription shall be taken back to the ICO contributors in Ethereum currency in the first 3 years. The contributors will keep getting Ethereum as the contracted amount for 3 years whether they sell or keep the SRCOINs. Those Ethereum will be received by the contributor’s coin wallet via Blockchain.

1. As there are future rules against cryptocurrency, SRCOIN offers a backup plan of exchanging SRCOINs with the K rental’s stock which is already an established company. Here are some notes about it:
   a) The current price of K rental’s stock is $25 USD.
   b) Until June, 2018 it will be 1 k rental stock= 15,000 SRCOINs. After that the rate will be announced on their SRCOIN.INFO website.
   c) User will immediately get a 67% profit on their investment if they exchange their SRCOINs to K rental stock.
   d) This exchange to K Rental stock will lower the supply of the SRCOINs so the value of SRCOINs will rise.
   For these offerings, the SRCOIN holders and the ICO contributors will get:

1. For the strong regulations on cryptocurrency, cryptocurrency market may face difficulties to find alternatives. But the SRCOIN holders have the opportunity to exchange that to K Rental stocks which will save them to face the terrible loss.
2. If the holders of SRCOINs want to exchange the coins into K Rental stocks earlier than June,2018 then they will earn profits from it as:
   a. US $15 will be costed for 15,000 SRCOINs
   b. 1000 Rental Stock will cost US $25
   c. 15,000 SRCOINs will cost 1 K Rental Stock
3. This relationship between SRCOIN and K Rental stock is making the value stability of SRCOINs by making a bridge between SRCOINs and K Rental stock’s receivable accounts for the users.
   Korean K Rental
   K Rental is a corporation of Korean-Malaysian which is associating with SRCOIN, produces water purifiers as its major product. The company’s sales record in 2017 is 10 million USD. It has its headquarters in Malaysia and Kuala Lampur. It belongs more than 5000 employees in 78 stores in these countries. In 2020, it is planned to IPO on the stock exchange of Singapore.
   The market growth for the water purifiers in Malaysia can be recognized to 3 major motives:

1. Malaysia is a top rated country from urbanization in Asia where almost 75% of the total residents lives in the cities. The living condition and the infrastructure is also getting developed.
2. Malaysia is a land of high incoming and purchasing power. Per capita GDP in Malaysia was recorded as $25,000 USD in 2016. This makes Malaysia one of the developed and rich countries in Asia. The development in south-korea’s subscription business is similar to the 90s when the trend was very successful.
3. The salary in this business is comparatively very higher (200-500%) than the other student’s jobs. So the young and talented youth generation is much more interested in this business. Currently, K Rental, Coway and Cuckoo these three companies are the most well-established in water purifier market in Malaysia who run their business on subscription based instead of being sales oriented. As the report of 2017, above 6000,000 customers used air and water purifiers with subscription plan. This proves the success of this subscription based business policy. A new product named GINETER has entered the business of message chair subscription in August, 2017. The product made the company achieve $1.7 billion USD within a few days which proves that this business policy has a potential and huge possibility.

Teams of the business

Diagram of Business

USD Value of K Rental Company

From this chart we can see that the contracted subscription is bigger and more focused than each years projected company value. And every year the targeted amount for the company’s progress is increasing at a tremendous rate.
Analytics of sales and costs.

In USD currency

In Malaysia RM currency

Here we can see that in both of the currencies, from the sales amount always there is a good amount of net income for the company with no loss.
IPO
The targeted IPO is set to be arranged in 2020.1st Q at the SGX (Singapore exchange). And the expected price per share is $200 USD.

ICO (Initial Coin Offering)
SRCOIN is a token of ERC20 using Ehtereum Blockchain which will be given to the ICO contributors as cryptocurrency token.
a) 10.5 billion Available coins.
b) SRCOIN price for the 1st pre-ICO is 700,000 SRCOIN with Bonus 100,000 SRCOIN for 1ETH until 31st of January, 2018.
c) SRCOIN price for the 2nd pre-ICO is 700,000 SRCOIN with Bonus 100,000 SRCOIN for 1 ETH, from 1st February to 28th February, 2018.
d) SRCOIN price for the Main ICO is 7000,000 SRCOIN for 1 ETH.
e) 7000,000 SRCOIN will be the payment rate for 1 ETH.
f) The distribution will be reserved like:
• 70% for the participants.
• 15% for the foundation team.
• 10% for the advisors and the investors.
• 5% for the sales team.
a) For the utilization of the ICO fund:
• 95% for the App Development and the Asset Investment.
• 5% for Project Operations.

Timeline of SRCOIN

  The vision of SRCOIN is to build up a unique network of fund with Blockchain to let everyone in the world to contribute for it with any figure of amount. SRCOIN looks forward to improve our health platform, create revenue over the subscription business and reallocate revenues for the ICO contributors by allotting coins which is promised to bring a great value in every types of currencies in the upcoming future of a healthy and peaceful world.

Visit SRCoin for More Information:
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Facebook: https://www.facebook.com/SRCoin-ICO-161224754498824