INTERNATIONAL RETIREMENT ASSETThis post was made on behalf of the Owner by the Token Developer/Web Developer
International Retirement Asset Token was conceived to bring Blockchain technology to the masses. It is meant to be a stepping stone for people who’ve never used digital currencies before, to hold their money in a safe, soon to be insured asset. It is meant to remove some of the fear, uncertainty and doubt from digital currencies for people that’ve never used them before.
What we do: The project team is creating an asset that increases its value without it ever being traded. The Token is kept safe on our website, and accumulates value over the staking period (1, 2, 5 or 10 years) specified by the Token owner. This is called the lease period. The longer you hold IRA the more value it will store, and the more value will become available at withdrawal time. If you choose to turn IRA into the Withdrawal token before the end of the lease period, you are penalized, similar to a mutual fund. The idea is that you hold the Token to the end of each lease term. The longer you hold the longer the intrinsic value.
How it works: 90 cents of each dollar invested is kept safe, isn’t touched and never moves. 10 cents of each dollar is paid to IRA for their services. This is in comparison to the Federal Reserve banking system where over 95% of each dollar placed in a savings account, is traded around, loaned to other people, etc. Less than 5% of each dollar invested in a Federal Reserve-backed savings account is available to be withdrawn at any time. If there was ever a run on a bank, savings accounts of many people based in the United States and around the world would be wiped out. IRA-Token is designed to prevent this from happening to our clients lease deposits.
How we accomplish this: Blockchain is a key part of our financial structure. The project seeks to lower volatility in digital currency markets, while capturing value from cryptocurrencies success while offering an umbrella of protection by holding 90% of each dollar placed in a lease and not touching it until the end of the lease term. This new concept is the first of its kind and prevents loss of value. At the end of the lease term, you can withdraw the lease amount and the lease reward in the form of a tradable withdrawal Token that can be sold on cryptocurrency exchanges. The reward amount is pegged to the going price on the cryptocurrency exchanges for IRA-withdrawal Tokens. You will never lose money because we provide a withdrawable-Token that if sold on the day you withdraw, virtually ensures your rewards. You can turn your Withdrawal Tokens into Ether which can be exchanged for fiat money.
Ending: Please join our community and our effort to bring Blockchain to everyones financial circle. As new people join IRA, they will find that IRA is the reassurance they are looking for to avoid volatile markets.
ICO DETAILS - TO BE ANNOUNCEDTO JOIN OUR AIRDROP, SEND US A PRIVATE MESSAGE WITH YOUR ETHER ADDRESS AND YOUR EMAIL AND POST IN THE THREAD BELOW - YOU AGREE TO BE CONTACTED ABOUT IRA TOKEN - MORE AIRDROP DETAILS TO BE ANNOUNCED SOONTELEGRAM, TWITTER, FACEBOOK - COMING SOON
UPDATE --------------------
nternational Retirement Asset is pleased to announce airdrop starts this week, we will be airdropping 100 FIAT tokens to each participent.
These can be held or used to start an IRA lease. Each FIAT token is initially accepted as 1.$ USD at our site to open a lease. Each IRA lease is initially $100. USD to open or 100 FIAT token.
As FIAT token use increases, demand does, circulation increases as leases term. Fiat will set the price of IRA leases at 100 x FIAT after initial price. Website does not offer sale of FIAT token. IRA leases are available on website for United States Dollar, FIAT token or ETH token
The leases are as follows:
1 year term (initial price) 100.$ ea IRA lease at term of lease you withdraw 120 FIAT tokens
2 year term (initial price) 100.$ ea IRA lease at term of lease you withdraw 150 FIAT tokens
5 year term (initial price) 100.$ ea IRA lease at term of lease you withdraw 250 FIAT tokens
10 year term (initial price) 100.$ ea IRA lease at term of lease you withdraw 500 FIAT tokens
Early withdraw is subject to 5% FEE and subject to less FIAT as there is a scale which it is aquired monthly and that scale increases with term, these scales to be disclosed on website showing majority payout at end of term. You can choose to have all of the FIAT token held to lease term or in case of a 1 year term a .5 FIAT token monthly amount with remaining 114 FIAT at term. Similar numbers on larger terms.
10% is lease fee to IRA Token. 90% of cost stays in view only wallet on site as deposit till term end to help ensure against loss, at which time FIAT token is issued and deposit is kept by IRA token as revenue, deposit locations :
FIAT in viewable wallet on site
ETH in viewable wallet on site
USD in Wells Fargo FDIC insured checking account with snapshots
Initial availability of IRA leases is capped at 10 %
Only 12 million IRA leases will be available.
1.2 million leased thru IRA-token.com.
Only 55 million FIAT tokens will be initially released.
This is allocated for airdrop, initial lease bonuses , to create an ecosystem of FIAT use, company costs, and founders.
More will see circulation after IRA lease issues them.
If every one of the first 10% IRA leases saw use in 1st year the circulation could increase from 55 mil. to 199 mil.
This would be rare. as we do not expect to lease all in one day.
IRA tokens can pay out a maximum of 2000 FIAT ea. after (4) 10 year terms. and 500 FIAT to company over term
So a maximum of 30 billion FIAT tokens exist.
Website to show # of current IRA leases in 4 term catagorys
Website to show FIAT circulation as they are issued and held, whether in circulation or held.
We plan on partnering with 9 company's to offer more IRA leases equally.
Each all-ready existing company that partners would also accept FIAT for services and products allready used by most households.
Thus creating another avenue of FIAT token end use.
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Be the first to lease IRA token for 1 year term at 1/2 price and receive 100 FIAT token bonus at lease term.
For every .012 ETH (approx 100$) sent to our Etherium address you will receive 2 IRA token leases for a 1 year term with no deposit or lease fee and a 100 FIAT token bonus at term of lease, total of 340 FIAT token at term.
For every 1.0 ETH you will recieve 20 IRA token 1 year leases with no deposit or lease fee and a 1000 FIAT token bonus at end of term, for a total of 3400 FIAT token at term
0x01A817908CbBa5Eaa6202Bd3fC97197265E7B8FC
Offer is limited to quantity and time you only have till January 30th 2018 to be part of this.