In the beginning of 2018, the management had set a target of achieving 200,000 users-base by the end of the year. This target, if achieved, signifies a growth rate of 5 folds (500%) compared to December 2017. It would be phenomenal if this could be a reality by 31st of December 2018.
The good news is that our users-base has touched 170,000 by the end of August 2018 due to the warm response from the introduction of FIA in June this year. The 200,00 users-base target for 2018 is well assured to be achieved in September 2018. Therefore, the management is revising our users-base target to 300,000 by end of December 2018!
If successfully achieved, a 300,000 active users-base from over 50 countries in the world will represent a strong financial community by the end of this year. It will also become a strong foundation for us to drive towards 1 million users-base by mid-2019. This is especially important as we are set to migrate our users FOIN Wallet to external Cryptocurrency Exchange(s) in July 2019.
Simply put, we need both quality and quantities. We already have high quality Brand Ambassadors (BA), Network Leaders, Users & Investors. But more than anything else, we need a large users-base by July 2019 so that FOIN can become a strong Cryptocurrency adopted at least 1 million users.
Towards this objective, the management has discussed with our partners-FSP to prepare a series of incentives starting from September to December this year. The promotion incentive will be different each month so that we can attract new users from various diversified fields to our Financial Education & FOINS Blockchain Platform.
September 2018 Promotion Incentive:
September’s promotion aims to reward current users who have spent ample time and effort to refer new users to FOINS.
- Effective Date: 1st – 30th September 2018.
- The Promotion Incentive Reward will be paid in USCoin (USC) according to the table below:
Item Single FIA Placement Amount (USD value) Promotion Incentive Reward (%) 1 10,000 – 49,999.99 6 2 50,000 – 99,999.99 8 3 100,000 – 199,999.99 10 4 200,000 or more 12
- Incentive Reward will be paid in real-time after the referred user makes an FIA placement that meets the minimum placement value (USD10,000).
- A promotion Incentive is only paid to the Referrer/Sponsor as a whole “family-accounts” (Master Account & Sub-Accounts). Thus, a master account will not be eligible to receive this promotion incentive from its own sub-account(s) for making a FIA Placement.
In the example above, regardless of whether it is B (Master Account) or B1 (Sub Account) or B2 (Sub Account) that makes a qualified FIA Placement, the Promotion Incentive will only be rewarded to A.
- Each qualified FIA Placement MUST be fulfilled in One Single Placement. A user cannot accumulate/add a few placements and then claims the reward at a later date.
- Eligibility: All FOINS users that have already activated their FIA as well as those who active their FIA account by 30th September 2018.
Monthly Incentive that has been tailor-made for each month (from September to December) will be announced on the 1st day of each month, 1st October, 1st November and 1st December respectively.
In the meantime, FOIN is currently trading around USD450. In less than three months after being listed at USD250, it has appreciated more than 80%; this is an extraordinary achievement. More importantly, this accomplishment is only made possible because of contributions and supports from investors like you – Dedicated members and users who come from all corners of the world. Therefore, on behalf of the management, partners and affiliates, I would like to thank all of you for helping to make our shared dream a reality.
To 300,000 users-community by 31st December 2018! “Yes, we can!”
Monsieur Arnaud Georges
President – Foins.Global