(image credit: FreeZone Whitepaper.)
The lack of favourable ecosystem and infrastructure for conducting business in the blockchain sphere and the overall uncertainty regarding cryptocurrency market regulations have forced investors, entrepreneurs, developers, and blockchain business founders across the globe into a state of scepticism about the possible market progress of blockchain technology and cryptocurrencies.
(image credit: FreeZone Whitepaper.)
In the light of this abrupt scepticism among both consumers and stakeholders of blockchain products, FreezeZone, the world’s first Free Crypto Economic Zone is set to function within an existing state, creating unique conditions for blockchain and the realization of crypto projects through the protection of investors’ interest using legal precedents; the availability of infrastructure for blockchain project development; the assurance of business transparency; the provision of support for blockchain business from local regulatory agencies; the implementation of a 0% VAT and income tax for blockchain businesses, and the legitimization of the free flow of cryptocurrencies and holding ICOs.
(image credit: FreeZone Whitepaper.)
FreeZone is a unique, win-win solution that benefits all parties including the country chosen to become the home of the FCEZ; businesses registered within the FCEZ; companies launching ICOs; both private and corporate clients of the FreeZone enterprises; FreeZone token holders who invest in the ICO; and all members of the FreeZone community worldwide involved in the project. Hence, the wowing privileges and benefits are available to members who are part of large FreeZone community.
(image credit: FreeZone Whitepaper.)
In the quest to achieve the goal of creating a unique condition for blockchain and the realization of crypto project worldwide, FreeZone, is set to launch its ICO in March 2018 and begin its Ethereum-based FreeZone token sale in April 2018, which is set to last over 28 days period. With the objective of attracting $100 million through the sale of token to finance the project, Freezone is set to issues about 1billion worth of FreeZone token, of which 500 million will be available for sale during the official ICO.
The token price is defined and published on the FreeZone website (https://freezone.one/) according to the following algorithm: payments are calculated based on the Ethereum conversion rate on the date of payment, multiplied by the final bonus coefficient; these numbers are rounded to the nearest whole; the result is the final amount received in Ethereum, taking the bonus into account. The total is divided by 500 million tokens, and the resulting number is the basic token price in Ethereum. The amount of token received by the customer, is calculated as the amount of money paid, recalculated in Ethereum, multiplied by the final bonus coefficient and divided by the basic token price. The final number is rounded to the nearest whole based on standard mathematical principles. More information is available I the “Terms and Condition” section at www.freezone.one .
(image credit: FreeZone Whitepaper.)
Customers can receive 3 types of bonuses such as early registration bonus; early payment bonus and referral program participation bonus. The bonus coefficient for early registration is 1.05 which is guaranteed for customers, who register for private accounts and provide the necessary personal data before the sale of token (ICO) while early registration is opened to the public. The bonus coefficient for the early payment is 15%, 10% and 5% when payment are done within 1-7 days, 8-14 days and 15-21 days respectively. However the bonus coefficient for the referral program is described more into the details at www.freezone.one . The final bonus coefficient for customers is calculated by multiplying together all the bonus coefficient that the customers have accrued over the ICO period.
(image credit: FreeZone White paper.)
In spite of the above mentioned individual or corporate benefits available to all participating member in FreeZone community and ICO, countries chosen to become the home of the FCEZ are set to enjoy an overwhelming influx of direct foreign investments, job creation and growth of gross domestic product (GDP), improve reputation of the county of being a progressive state that support new technologies and raising the general wellbeing of the population as well as increasing the quality of life of citizens of those state.
It is now evident that the benefits of FreeZone covers and its aimed at fulfilling the desired vision of creating unique condition for blockchain and the realization of crypto projects to enhance the effective running of business in the blockchain market. With the expected rise in value of the FreeZone token to 80-fold by 2020, there is no need to reluct in your decision to participate in FreeZone ICO and enjoy all the above mentioned benefits. Join FreeZone ICO today and provide your support to a worthy cause.
Follow FreeZone on
Telegram: https://t.me/freezone_one
Facebook: https://facebook.com/freecryptozone/
Twitter: https://twitter.com/FreeZone_one
References
https://freezone.one/downloads/FreeZone_White%20Paper.pdf
https://freezone.one/