CROWDFUNDING PLATFORM PRESENTATION

FUNDING PLATFORM SOLUTIONS

A cryptocurrency or ‘crypto asset unit’ is a medium of exchange using cryptography to secure financial transactions and to control the creation of new units. It is a subset of alternative currencies, or specifically of digital currencies, and bitcoin became the first decentralized cryptocurrency in 2009; since then numerous cryptocurrencies have been created; these Bitcoins are frequently called altcoins, as a blend of either public or private bitcoin alternatives. iHELP G LOBAL does not deal in crypto currencies, it’s a platform provider that uses public coinage only!

Crypto currency‘s infrastructure is made up of three layers: the database (blockchain), the transfer layer (protocol), and the currency on the top (application). This allows for any number of additional useful applications to be added to the actual currency-units, which makes it an open network similar to the Internet. Just as the WWW uses a transfer layer (protocol) for sending specific packets of data, the enormous assortment of additional possibilities that can ride along the clusters of such an information highway, the Crypto currency protocol enables the transfer of values to be distributed among a wide range of services utilizing the actual network and security provided therewith.

Bitcoin balances are kept using public and private ‘keys,’ which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send Bitcoin. The private key (comparable to an ATM PIN) is meant to be a guarded secret, and only used to authorize Bitcoin transmissions.

WHAT IS CRYPTOCURRENCY?

A Bitcoin wallet is a software program where Bitcoins are stored, and the Trade of Forex With Bitcoin (XOM, EXPE) has become vogue; mind you, although bitcoin has been in existence for seven years, most countries still do not have consistent laws regulating the cryptocurrency: a few countries have banned bitcoin altogether, because Bitcoin is still so new that many countries are struggling to make legislation catch up with the technology.

Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. There are no physical Bitcoins, only balances associated with public and private keys. These balances are kept on a public ledger, along with all Bitcoin transactions, that is verified by a massive amount of computing power.

In contrast Forex, Fiat money, is any legal currency that is not backed by a physical commodity, nor does the material it is made of have significant value. The currency’s stated value exists because of government decree. Hence the name ‘fiat,’ which comes from Latin and means, “It shall be.” A currency that is fiat money maintains its value from the stability of the government and economy it belongs to, and through intelligent management of money supply by a central bank.

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Obtain factual information about Bitcoin on the following sites: https://www.coinhako.com/ http://www.coindesk.com/category/news http://bitcoin-generator-online.com/ http://coinmarketcap.com/

Some nations are more open to virtual currency than others, and there are many ways to earn and own Bitcoins other than just buying them on a Bitcoin exchange. Why do Bitcoins have value? Because it performs with transactional anonymity, has value as a private digital currency, investment tool and social networking crowdfunding generator, which in turn assures no sales taxation: the shift to e-commerce has benefited credit services companies by making it easier for consumers to use credit.

In March 2014, the US’ IRS stated that all virtual currencies, including Bitcoin, would be taxed as property rather than currency. Gains or losses from Bitcoin held as capital will be realized as capital gains or losses, while Bitcoin held as inventory will incur ordinary gains or losses. The EU has decided that Bitcoin is a valid currency and therefore not subject to VAT. According to the official Bitcoin Foundation, the word ‘Bitcoin’ is capitalized in the context of referring to the entity or concept, whereas ‘bitcoin’ is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin"); the currency can be abbreviated to BTC or, less frequently, XBT; the plural form of the word can be either bitcoin or bitcoins.

This entire system is in diametric opposition to the regular hard cash and stock-market economy. The independent individuals and companies who own the governing computing power and participate in the network, also known as ‘miners,’ are motivated by mining rewards (the release of new Bitcoin) and transaction fees paid in Bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New Bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of Bitcoin approaches 21 million value-units.

Crowdfunding

Crowdfunding is considered a popular method for raising seed capital for all types of start-up investments using alternative crypto units. With this method, the total coin supply is pre-mined and the services apps using blockchain technology have been developed with this same method to raise funds: stakeholders are given the opportunity to purchase crypto-coins with the expectation that prices will increase at some point in the future, as the service becomes popular. iHELPGLOBAL provides a platform with which to do just that!

Like in the old days when communities had ‘committee’ or say ‘dhukuti’ funding that revolved among the members, so today the concept of crowdfunding has become a super-fund-generating machine by the people themselves: no loans, interest or qualifications are necessary! No central authority to regulate who can make their dreams come true.

Through concentrated crowdfunding the demand for crypto coins is drastically increased and platform-members are making a comfortable shared profit in the process: it is a win-win-situation where everyone benefits. No one is left behind and as can be seen from the Platform-Member Crowdfunding Plan, the potential income generating power is staggering!

PEOPLE SIMPLY TAKE MEMBERSHIP IN THE iHELPGLOBAL PLATFORM AND OBTAIN 100 USD WORTH OF CRYPTO CURRENCY, PLUS A BITREX CRYPTO ACCOUNT WORTH 20 USD AND THEREBY BECOME ELIGIBLE TO RAISE FUNDS FOR THEIR PREFERRED PROJECT GOAL; IT’S THAT EASY! PLATFORM MEMBERS RAISE 100% OF ALL CROWDFUNDS BY SELECTIVE P2P FUND SHARING!

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WHATEVER TYPE PROJECT YOU DESIRE!

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CROWDFUNDING IS PRIMARILY A SIMPLE METHOD WITH WHICH TO RAISE THE NECESSARY FUNDS REQUIRED FOR WHATEVER PREFERRED PROJECT A PLATFORM USER MAY HAVE DESIRE TO UNDERTAKE; IT ALLOWS THE iHELPGLOBAL MEMBER TO APPLY THE GIVEN MODEL TO THEIR OWN PERR-TO-PEER GROUP AND FORM CLUSTERS THAT CONTRIBUTE THE SIMPLE 50-50 ‘MASKA-CHASKA’ PRINCIPLE OF FUND SHARING WITH EVERY SINGLE MEMBER CONNECTED TO THEIR CLUSTER-CHAIN, THEREBY BECOMING ABLE TO BENEFIT FROM THE ACCUMULATING MASS-INPUT OF CROWDFUNDING CURRENCY AS PER THE iHELPGLOBAL PLAN GIVEN IN NEXT PRESENTATION; CRYPTO CURRENCY IS USED AS THE COINAGE OF CHOICE!!!

Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins given value as a commodity. Indeed, one of the primary reasons for the growth of digital currencies is that they can act as an alternative to national fiat money and traditional commodity currencies like gold or silver. Security Risk: Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches in our PCs. If a thief gains access to a Bitcoin owner's hard drive and steals the private encryption key, he could transfer the Bitcoins to another account. Market Risk: Like with any investment, Bitcoin values can fluctuate. Indeed, the value of Bitcoin has seen swings in worth over its short existence. When more people begin to accept Bitcoin as a common currency, these digital units will gain value. See the site: www.coinmarketcap.com Bitcoin currency is not physical the way there is a dollar, euro or pound. It exists only on the Internet, usually in a digital wallet, which is software that stores relevant data such as the private security key enabling transactions. Ledgers known as blockchains are used to keep track of the existence of Bitcoin. It can be given to or received from anyone who has a Bitcoin address. It is also traded on various exchanges around the world, which is how its value is established.

International Acceptance

Bitcoin can be transferred from one country to another without limitation. However, the exchange rate against hard currencies can be volatile. This is partly because the price is often driven by speculation, but also because it is a fairly small market compared with other currencies. Some countries explicitly permit the use of Bitcoin, including Canada and Australia. It is prohibited in Iceland, which has had strict capital controls since the collapse of its banks during the 2008 financial crisis. China allows private individuals to hold and trade bitcoin, but participation by banks and other financial institutions is prohibited. The European Union does not have an overall position. Bitcoin payments are processed through a private network of computers linked through a shared program. Each transaction is simultaneously recorded in a ‘blockchain’ on each computer that updates and informs all accounts. Bitcoins are either ‘mined’ by a computer through a process of solving increasingly complex mathematical algorithms or purchased with standard national money currencies and placed into a Bitcoin wallet that is accessed through a smartphone or computer.

User Anonymity Bitcoin purchases are discrete. Unless a user voluntarily publishes a Bitcoin transactions, purchases are never associated with personal identity, much like cash-only purchases, and cannot be traced back to the user. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction. Since there is no way for third parties to identify, track or intercept transactions that are denominated in Bitcoins, one of the major advantages of Bitcoin is that sales taxes are not added onto any purchases. Low Transaction Fees Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are very low; an advantage for travellers. Additionally, any transfer in Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and wait periods. Mobile Payments Bitcoin users can pay for their coins anywhere they have Internet access. This means that purchasers never have to travel to a bank or a store to buy a product. However, unlike online payments made with U.S. bank accounts or credit cards, personal information is not necessary to complete any transaction.

Why use bitcoins? Bitcoins are superior payment method for the digital age. Firstly, bitcoin transaction-cost is practically free which makes it a much cheaper alternative compared to debit or credit cards as an example. Secondly, bitcoins are accepted globally, which makes it the perfect platform for remittances and international transactions. Thirdly, bitcoin payments are nearly instant so the receiver does not have to wait for any settlement: just a couple of bitcoin advantages not mentioning privacy, micro payments, and autonomy etc.

How can I spend bitcoins? The number of shops and service providers accepting bitcoin is growing every day. However, almost everywhere is possible, because there are special card providers such as SpectroCoin debit card, which one can use to spend bitcoins at more than 20 million stores and more than 30 million ATMs around the globe. Nevertheless, such cards will charge a commission and thus becomes a broker-agent conduit. There are, mind you, more than 1000 direct Bitcoin ATMs worldwide in diverse countries, where hard currency cash can be gotten in exchange for Crypto currency withdrawals. iHELP G LOBAL Business agents will help registered members facilitate any exchange transaction necessary if so required; simply ask to respective cluster-leaders.

What is IHG Networking and how to do this?

iHELPGLOBAL Networking at its core is about relationship-building. These relationships can encompass a wide range of acquaintances, including friends, associates, and colleagues, the people you interact with frequently, and those who support your work on a regular basis in some way, big or small. Networking is about building connections with others through our associations and interactions. Whether these relationships culminate in a successful engagement or provide opportunities to collaborate on business and charitable works, they have the potential to be building blocks in sharing mutuality with others. Technology implementations are always driven by motivations that force trade-off decisions. Bitcoin is striving for individual sovereignty, openness, and security, whereas banks are striving for regulatory compliance, speed, and cost savings. Both of these initiatives are up front about their goals and will likely co-exist for a long time as part of separate revolutions. Anyone who predicts their imminent doom is probably misinformed. We’re entering an age whose future we can’t even begin to imagine.

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