Aladdincoin is Now Live!
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Aladdincoin is backed by DS Media Concepts Pte Ltd.
DS Media Concepts Pt. Ltd is a Member of Singapore Fintech Association.
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EXECUTIVE SUMMARY:
Aladdincoin is built on the Ethereum blockchain in accordance with the ERC-20 standard. The Aladdincoin (or ALC in short) is built as a utility token to be used on our platforms. It will be adopted by our technology partners and affiliated merchants. We chose to build ALC on the Ethereum blockchain because it brings advantages such as decentralization, security, transparency and lower transaction costs.
Our primary platform Aladdincoin Cryptopay is a 3rd generation e-wallet and e-payment mobile application that allows users to receive and send ERC20 Tokens, or make purchases using ERC20 Tokens.
TOKEN OVERVIEW:
Aladdincoin is an ERC20 compatible token on the Ethereum blockchain. It is promoted and used on Aladdincoin Cryptopay, associated business platforms and partner merchant outlets.
Token holders enjoy various incentives such as lower transaction fees when buying or selling ERC20 Tokens on the Aladdincoin platforms.
LAUNCH SUMMARY:
• Token Name: Aladdincoin [ALC]
• Price of Aladdincoin: USD 0.10
• Total Supply: 31 Million
• Soft cap: 5 Million
• Hard cap: 15 Million
• Airdrop Period: 1 Million
• Team: 1 Million
• Company: 9 Million
• Maximum Contribution: USD 50,000 (To ensure even distribution)
• Accepted Currencies: BTC, BCH, ETH and LTC with SpicePay
• KYC/Whitelisting: Yes
• Pre-ICO Price: USD 1000 - 13000 Tokens (30% Bonus)
• ICO Price: USD 1000 - 10000 Tokens
SOCIAL CHANNELS:
TEAM MEMBER DETAILS:
Full Name: Gunasekaran KSM
Designation: Founder / Chief Technical Officer
Role: Gunasekaran conceptualized Aladdincoin and brought together this wonderful team. He believes cryptocurrencies and blockchain will convert social media platforms to storefronts.
< Contact Here >
Full Name: Md Faisal
Designation: Co-Founder / Chief Executive Officer
Role: Faisal has many years’ experience in Sales and he will input his knowledge to run Aladdincoin and bring Aladdincoin to the next level.
< Contact Here >
Full Name: Selvakumaran SP
Designation: Chief Financial Officer
Role: Selvakumaran with his 30 years experiences in Business Development, Marketing, Financial Planning will contribute as financial controller for Aladdincoins. Selvakumaran will make key decisions in financial matters.
< Contact Here >
Full Name: Haridas Menon
Designation: Omni Channel Marketing Director
Role: Hari serves as an Omni Channel Marketing Advisor for Aladdincoin’s marketing practices. Hari provides valuable insight and advice to Aladdincoin who seek to promote awareness of their products with integrity.
< Contact Here >
Full Name: Suvitha Magdaline Selvi R
Designation: Overseas Business Development Director
Role: Suvitha is a highly talented and skilled Business Management Post Graduate with extensive knowledge of business principles specialized in Marketing & Finance. Suvitha will contribute her skills for the business development and progress of Aladdincoin.
< Contact Here >
Full Name: Jack Hua
Designation: System Architect
Role: Jack Hua studied Electronic Engineering at Temasek Polytechnic and Information & Communication Technology at SIM University. Jack has been in Startup Field for 5 years and done 3 startups (DealMinistry, AppInfinity & AlphaXLab). His 3rd startup (AlphaXLab) is fruitful and got funded recently. Currently, he is running AlphaXLab (App Development Startup) as CEO. Jack will be our System Architect to design & implement system architecture of AladdinCoin to make sure both Web/App application are at Industrial Security & Privacy Standard.
< Contact Here >
HOW TO GET YOUR ALADDINCOIN:
*** AIRDROP ***
15 April 2018 – 30 June 2018
1. Go to http://aladdincoin.org/
2. Register your interest.
3. Admin will send details to your email after the airdrop period.
4. Verify your identity.
5. You will receive tokens in your wallet.
*** Pre-ICO ***
1 May 2018 – 31 May 2018
1. Go to http://aladdincoin.org/
2. Register and Upload verification documents. Admin will verify and approve.
3. Purchase Tokens with BTC, BCH, ETH and LTC (Payment Gateway by SpicePay)
*** ICO ***
1 June 2018 – 30 June 2018
1. Go to http://aladdincoin.org/
2. Register and Upload verification documents. Admin will verify and approve.
3. Purchase Tokens with BTC, BCH, ETH and LTC (Payment Gateway by SpicePay)
*** Post- ICO ***
From 1 July 2018
1. Go to http://cryptobarterhub.com/.
2. Register and Upload verification documents. Admin will verify and approve.
3. Purchase Tokens with BTC, BCH, ETH and LTC (Payment Gateway by SpicePay) to Trade.
OUR PRODUCTS:
We are developing two platforms which enables merchants to accept ERC20 Tokens at their physical stores and at their online stores. The transactions are peer to peer and are processed by multiple computers in the Ethereum Network. We charge only 1% commission for all send transactions. The two products are:
1. Cryptopay
2. Cryptoinstapay
Through Our Products We Are Trying To Solve 5 Main Challenges In Present Online Payment
1. Fraud and Chargebacks
PROBLEM:-
Fraud and Chargebacks Online transactions are “card-not-present” transactions. As e-commerce expands, opportunities for fraudulent misuse of payment networks and data theft grow right alongside. Chargebacks, in addition to being costly, can damage business reputations; an excessive number of chargebacks can lead to closed merchant accounts, effectively killing the business.
OUR SOLUTION:-
Fraud and Chargebacks ERC20 Tokens works as a ‘push’ currency, meaning that the only way that you can spend ERC20 Tokens is to ‘push’ them out of your wallet and to whomever you are sending money to. There is no way the token could be used for fraud unless you push. There won’t be any chargebacks since you pushed the ERC20 Tokens yourself to the recipient wallet.
2. Cross-border transactions
PROBLEM:-
Cross-border transactions Cross-border payments can be slow, inefficient, and expensive, but they play an important role in global trade. Typically, national banking infrastructures can’t handle cross-border payments, resulting in independent and non-uniform development in technologies and software platforms that complicate or stall cross-border transactions.
OUR SOLUTION:-
Cross-border transactions According to the World Bank estimates, the overall amount of money that migrants sent back home to developing countries in 2017 was $450 billion. However, analysts believe that $32 billion in remittances is failing to reach recipients because of the high transaction costs of cross-border money transfers. Our ERC20 payment system, allows to carry out transactions 5 times cheaper and 10,000 times faster than traditional payment systems.
3. Card Data Security
PROBLEM:-
Card data security Payment Card Industry Data Security Standards (PCI DSS) certification is required for every merchant or business accepting credit or debit cards, online or off. Some merchants need to upgrade to accept payments. PCI DSS standards require merchants and processors to meet 12 criteria across six security arenas.
OUR SOLUTION:-
Card data security Our ERC20 payment system allows payments and transfers without revealing personal details to the recipient.
4. Multi-currency
PROBLEM:-
Multi-currency Global ecommerce means accepting a variety of payment methods and currencies. Electronic payments such as e-wallets, mobile payments, and credit/debit cards help online merchants compete in international markets by allowing their customers to pay in their native currencies. For merchants, multi-currency, cross-border transactions can require new bank accounts, new business entities, and new regulatory hurdles in each national market.
OUR SOLUTION:-
Multi-currency and payment methods Our ERC20 payment system allows payments to any country. The recipient can draw out in their currency as they want.
5. Technical integration Fraud and Chargebacks Online transactions are “card-not-present” transactions
PROBLEM:-
Technical integration Online payment systems run the proprietary gamut across hardware and software platforms. Credit card-affiliated payment processors, while more secure, can be expensive for online retailers. Added to the expense is the lack of interface between processing systems—it may be difficult or impossible for a PSP to link with other systems, resulting in processing and payment delays, lost transactions, and expensive fees.
OUR SOLUTION:-
Technical integration Our ERC20 payment system is an easy to integrate system. It can be easily integrated to any payment system easily.