Initial Coin Offerings are the innovative new way to distribute a token by selling a limited amount of TREE (security coin) to holders. Compared to other funding instruments like debt-financing or IPO’s, this way of raising money is more transparent, cheap and quick. The underlying technology was adapted from other cryptocurrencies and in many cases, was improved with new functions and technologies for a broader field of implications.
TreeCoin raises money for its specific project for investors, who can participate through the receipt of coins and TREE. The security coin TREE has the characteristics of an asset; it gives the investor the opportunity to participate in the sale of timber. There is also a PayCoin named TreeCoin (TXC), which is used as a means of payment in our developed economy.
Investors will purchase the TREE and each one has a value of one tree, which is cultivated over 22 years. Each TREE has a purchasing price of 23 USD and is coupled to the TreeCoin in a ratio of 1:100.
The investors are not gaining any claim or right to land, property or other assets but on the profits that will be generated from the reafforestation in Paraguay. Thus, the holder of the TREE purchases a claim on the 40% that are distributed on each cycle as explained beforehand. All profits distributed to the holders are paid in TreeCoin.
In addition to the TREE, investors will receive TreeCoins for free as a bonus. The token