Read more about ICO CFACOIN: review, rating, road map, overview
Returns since ICO
2018-07-10 - 2018-07-30
2018-07-31 - 2018-09-15
ICO Token Price
1st stage $1 2nd stage $1.2 3rd stage $1.5
Available for Token Sale
Min/Max Personal Cap
100 CFA /Above
Incorporated company's country
CoinForAll (CFA)Coin is a utility coin built on its own blockchain based on Bitcoin Core, developed with a specific purpose of usage by Africa’s 1.2 billion petrol users and to help further advance the field of crypto-currency in Africa . Also Its a scrypt mineable hybrid Digital Currency payment token that enables user's purchase petrol and gas plus order goods and services at a low price in Africa, with a proof of stake based on a projected earning of 7% per annum on holdings of Coin.
CFAcoin’s aim is to offer a payment solution to purchasing petroleum/gas products and make financial access more affordable and available to locals by providing a digital decentralized payment system.
CFACoin Unique ICO Model
This model presents a distinctively unique sale opportunity in comparison to past and existing ICO Token sale models. Investors will have limited coin lock-in periods and are able to perform inter-wallet transfers. Only 2% of members total purchased coins during each phase will be released to members wallets; the airdrop/bounty coins and remaining balance will be locked up and will only be released after the ICO. However, from phase 2, investors may independently sell coins in their wallets to other investors within the CFA ecosystem; this only includes coins purchased from previous phases to other investors, airdrop/bounty coins are excluded. This inter-wallet transfers are only possible once all the coins on offer from CFA during each phase have been sold out. The table below summarizes CFAs unique ICO model
3% of the total pre-mined coins is schedule to be given out for free and has commenced and still ongoing through our airdrop/bounty program. As part of the CFA airdrop/bounty program, anyone who signs up on the CFACoins airdrop program will receive 10 free CFA coins, and also get 5 CFACoins for referring others, which are estimated to be worth $20 and $10 respectively after the ICO at CFACoin listing price on the exchange.
CONSUMER BENEITS AND PARTNERSHIPS.
For consumers, CFA opens the benefits of financial inclusion and grants access to a series of financial services, such as, direct money transfers and purchases. CFA is not just a commercial project, it is also a regional mission, aimed at giving people access to petroleum/gas products, changing their lives in the process. CFA coin holders who are interested in purchasing petroleum products, will be able to place orders on the CFA website and receive vouchers confirming the purchases. These vouchers can be exchanged for petroleum products at any of the partner forecourt retailers. In addition, CFA coin holders will qualify for a special discount of 10.5% on petroleum products at partner forecourts retailers. However, discount figures are not fixed and may change subject to market dynamics such as supply and demand
As part of our strategy, we seek to secure and maintain key partnership to grow the CFA coin ecosystem. Therefore, we will continue to initiate, expand and strengthen partnerships across various industries “and” partner on initiatives to adopt CFA coin as a method of payment.
CFA has already secured partnerships with major forecourt retail entities in Nigeria, a key market in the SSA region. These retailers have agreed to accept the CFA coin as a method of payment for the purchase of petroleum/gas products. Partnerships with retailers of other products are also being explored.
The acceptance of the CFA coin also offers all these retailers access to a large audience of cryptocurrency holders; and, since cryptocurrencies and coins are somewhat limited in their use, there will be a guaranteed customer base that will seek to exchange them for these products. Further partnerships and endorsement are being explored in other Sub-Sahara Africa countries such as Ghana, South Africa, Uganda, Angola, and Kenya.
• CFA Project Initialization, Vision, Concept Development and Market research
• Plan and Finalize Project Team - Software Development, Technology, Marketing, Legal & other advisory services • Finalize Financial Plans and Budgets
• Finalise concepts, designs, white paper, CFA wallets, CFA GitHub Link, CFA company registration in Nigeria
• Initiate Agreements and Establish Merchant Partnerships (Petrol/Gas Station) • PR activities (Press/Media releases, Nigerian Blockchain Conference) • Finalize ICO Plan and Structure • Launch CFA website, bounty program • Finalise and release CFA wallets • CFA ICO Pre-Sale
• Launch Official Public CFA ICO • Bounty reward release to members • CFA listing on Identified External Coin Exchange Platforms and Coinmarketcap • Release of mobile wallets (Android and iOS) • PR activities across Sub- Saharan Africa • Acceptance of CFA coins at Petrol and Gas partner filling stations
• Establish CFA owned and operated fuelling stations (property acquisition for fuel facility development in Nigeria, Department of Petroleum Resources license application and approvals)
• CFA Owned Petrol and Gas Facilities development and installation completion in Nigeria • Development of CFA brand fuel facilities in Ghana
• Market and Feasibility Studies to Develop Franchising and Partnerships of CFA brand in other countries in the Sub-Saharan African region
Faith C. Titus
FOUNDER & CEO
Chief Operating Officer
Chief Technical Officer/Programmer
Will there be a Pre-Sale?
Yes, Pre Sale has just started.
How much was raised in the Pre-sale?
pre sale just started and has not ended, therefore cannot determine price now
Do I need to go through the Whitelist process? How do I join?
No, You only need to sign up at the Website.
Do I need to go through the Know Your Customer (KYC) process? When?
When will your token price be calculated and is it calculated on
ETH or USD?
TOKEN calculation will be done after the ICO and it will be calculated in USD
What bonus did Pre-sale participants receive? Is this bonus locked?
2% of your coin is released to u while ICO is on going and can be traded peer to peer within the platform.
When can I get my bonus tokens and what is the lock up period?
All coins will be unlocked immediately after the ICO. But note 2% is released to you...immediately you purchased.
What is the wallet address to send funds to? (Showing only
the prefix and suffix of the address)
There is no one dedicated wallet , wallet are being generated for each buyer for security reason
What is Token Contract Address?
its not an ERC20 wallet so it does not have a Smart contract address
When will I receive my tokens? When can I transfer?
Immediately you purchased and transaction is confirmed.
Which exchange(s) will the tokens be listed in?
www.cryptrox.com . Other exchanges will come in subsequently.
What will happen to the unsold tokens?
unsold Tokens will be destroyed
Which countries are restricted from investing?
All ICO restricted Countries, ie US
Do you have an Minimum Viable Product (MVP)? May I see it?
yes we do and that can be determined by the vision, mission, quality of team members of CFACoin, again by the acceptance of CFACoin by our four-court retailers partners as listed on website for business payment transaction by the CFA community members