Easy Payment Solution For Online Shopping and Social Media

Learn how MyMincome project plans to create the easiest payment experience for everybody and to provide a passive Basic Income for investors
16 March 2018   738

Since the financial awareness each day becomes more vital for the users, people are currently in need of a globally accessible platform for financial decisions to keep track of their finance and the platform which can provide the easiest payment and income experience for everybody. MyMincome project has a reliable solution for that.

How to make crypto investing easier?

INC is a digital cryptocurrency of MyMincome project which has an aim to provide the easiest payment solution for online shopping and social media. The project team plans to distribute a global Basic Income based on blockchain which should guarantee monthly income, and make it easier for people to access cryptocurrencies.

The team of the project is looking forward to make investing in cryptocurrency easier for the users and professionals who benefit or invest in cryptocurrency, bring together the expertise of professionals, benefits for the daily needs of the people, and bridge technology and financial ressources.

As our editorial board is keeping track of the most interesting ICO projects, we are excited to report that myMincome pre-sale was sold out within 4 days, and the Flash Sale starts on March 17, 2018 at 10:00 UTC!

MyMincome logomyMincome logo

What are the products of MyMincome?

INC PAYMENT. Social Messenger Integration and Browser Payment Plugin, and an easy way to send coins to other users and to pay in online shops.

Social Messenger Integration. MyMincome is working on a Social Messenger Integration for all big Messengers like Facebook, Twitter, WhatsApp, Telegram, and YouTube. Users can send INC coins to familymembers, friends or other users, as well as receive payments for money collectings like crowdfundings just by using their favorite Messenger App.

Browser Plugin. The project team has created a browser plugin for Firefox and Google chrome, which allows users to pay with cryptocurrencies in every partner online shop. The plugin works as a proxy between the online shop and INC-coins. As soon as the users make a purchase, their coins will instantaneously be exchanged in any currency requested by the shop.

INDEX FUND INVESTMENT. The users can invest in Index Fund, which contains the top 10 cryptocurrencies as for example Bitcoin, Eather, Ripple, Litecoin, Neo, IOTA and more, weighted by market capitalization and rebalances monthly, to make sure that the portfolio contains only the high performing assets on the market. This strategy is associated with lower risks and at the same time with higher profits. The Index Fund strategy is backtested since January 2017 and has shown remarkable results with lower risk than only investing in bitcoin.

The users can invest quick and easy with only one click!

If you would like to see the visual representation of the profit which you can make using the platform, just have a look at the chart below. It shows the profit made from investing only 100 $ in the Fund INDEX Top10 from january to december 2017, which became about 11,352 $ by the end of 2017.

Index fund myincome chartIncrease Chart

What outstanding features Index Fund has?

  • The fund is designed on the 0x-blockchain technology, which allows fast and stable transaction with no fees
  • It works absolutely decentralized, no website, exchanges or other central institutions in between are necessary
  • The fund holders can just trade the fund p2p
  • Only a low management fee of 1.5 % p.a. is charged
  • All ICO participants will get exclusive discounts of 10 %

MyIncome ICOMyMincome ICO

Why is MyMincome starting the company?

The company's Vision is to provide a globally accessible Basic Income for all the investors on a blockchain based financial platform and digital asset network with an integrated cryptocurrency. To provide a Global Income for everyone means to create a digital finanzial envirement as an alternative to traditional banks and work-related sources of income and allowing users to store and at the same time invest their money safely on the dezentralized 0x blockchain. The users can access it instantly and transact with it anywhere, right from the smartphone, using the INC APP.

What are the benefits?

Participating in ICO and creating a digital wallet on MyMincome platform enables the user as a coin holder of INC, not only to participate in airdrops, but also invest in a high rated Index fund, which had a remarkable return of investment of more than 9,000 % in 2017. Also the INC Coin payment allows to pay online in shops and in Social Messengers to make it easier for friends, familie, colleagues, and others to access and transfer cryptocurrencies on social media and other digital platforms.

Those who are interseted in learning more about MyMincome project, can easily do it on its website or by joining the Telegram channel, also having a chance to get 200 INC Tokens for free!

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CFTC to Issue ICO Investor Advisory

Before buying coins, you need to thoroughly study their nature and understand what factors can affect their price, CFTC advises 
17 July 2018   116

The US Commodity Futures Trading Commission (CFTC) published a document with recommendations for potential investors in ICO projects and token buyers. This is reported by Coindesk.

The agency's document says that before buying coins, you need to thoroughly study their nature and understand what factors can affect their price.

Also, a potential buyer should remember that, depending on the structuring, some tokens can be derivatives, commodities or securities.

Buying digital coins or tokens only because you expect to sell them at a higher price later is the definition of speculation and carries considerable risk, regardless of how good a white paper, application or business plan sounds. Unfortunately, fraud is another significant risk to consider. Your best protection is to thoroughly research digital coins or tokens and exercise caution. 
 

CFTC ICO Advisory

The guide also states that before investing in the ICO, it is necessary to find information about the organizers of the project, and also to find out whether they themselves participate in their  ICO.

Representatives of the agency also refer to the study, according to which more than 50% of ICO start-ups ceased to exist during the first four months after the end of the token.