Topic: [ANN][ICO][LIVE NOW][Bounty] SRCoin | Subscription Revenue & Asset-Based Token - page 2. (Read 1684 times)

The website was done horribly by a third party company and we are rehauling the entire site.
In mean time, you can learn more about our company in the whitepaper.
Starting from page 19, we listed our license, history, and pictures of the management team / stores.

Why is it that the website of K Rental is under maintenance? Checking that site to see who's backing this SRCoin.

Yup, you got the general idea of our project correct. 50% of the generated profit will be shared among the ICO contributors!

Hmm...a coin to tap into the billion dollar massage chair industry. So you the after the ICO, all the revenue will go into purchasing the massage chairs and will be rented out to the public and companies? Then the profit will be shared to all ICO contributors? What is the percentage of profit sharing?

Newbie members can't post images so I ended up going the text post route. Thanks for the heads up!

I can't see anything also

Thanks for the heads up!

Quote for image, but there is no image and other info at this ANN
Please add more info here 

SRCoin- Subscription Revenue & Asset-Based Token

SRCOIN’s issuer, K RENTAL, Korean - Malaysian corporation , has the third largest market share in
Malaysia subscription market. Headquartered in Kuala Lumpur, K Rental has 78 stores across the country
with over 5000 employees, and is planning to IPO in the Singapore Stock Exchange in 2020.

We are issuing SRCOIN to tap into the $1.1 billion dollar massage chair market using the subscription business
model. The goal of this crowdsale is simple. After purchasing the massage chairs with the ICO funding, we will
use K Rental’s existing infrastructure to promote subscription plan for these chairs and share the generated
profit with the ICO contributors.

Currently, there are five Japanese companies with a monopoly in selling the massage chairs. By entering the
massage chair market with subscription business, we will tap into the untapped market.

Our goal is to accelerate the process of raising capital needed for this subscription business plan in order to
achieve speed to market. And the participants of the SRCOIN throughout the world can witness the scarcity of
SRCOIN through our implementation of buy back & burn policy.


ABOUT K RENTAL

SRCOIN ICO STRUCTURE

1st Pre-ICO Price: 1 ETH = 700,000 SRCoins + 100,000 Bonus SRCoins

2nd Pre-ICO Price: 1 ETH = 700,000 SRCoins + 50,000 Bonus SRCoins

Main ICO Price: 1 ETH = 700,000 SRCoins + No Bonus


ICO Duration:

1st Pre-ICO - Jan 1st ~ 31st 2018 (UTC)

2nd Pre-ICO - Feb 1st ~ 28th 2018 (UTC)

Main ICO - March 1st ~ 31st 2018 (UTC)

Accepted currency: ETH
​
Total supply: 15 Billion SRCoins

ICO utilization: Contributors 70% / Founding Team 15% / Advisors & Early Contributors 10% /Sales Team 5%
 
SRCoin  Value Proposition: Value of SRCoin will increase through repeated Buy-back & Burn policies


Key Advantages of Subscription Business?

Higher Margin
Funds gathered through SRCOIN will mainly be used to purchase products for high yield subscription business plan. These purchased assets have higher profitability(sales profit higher than 50%) than real estate and more liquidity.

Established Company & Experienced management
The funds raised from the crowdsale of SRCOINs will be invested in K Rental, an already established company, and its project for starting the massage chair subscription business. Hence, there is fundamentally no risk of business not proceeding, meaning safety of investment and stability is guaranteed.

Value Enhancement
Through our “buyback & burn” policy, we will constantly maintain SRCOIN’s scarcity and create a stimulus for SRCOIN’s price to rise. Also, we plan to use portion of our profit to distribute ETH back to our contributors.

​

OFFICIAL BOUNTY THREAD


PLEASE VISIT OUR WEBSITE FOR MORE INFO!
I WILL BE HAPPY TO ANSWER ANY QUESTIONS YOU MAY HAVE!

WEBSITE URL

WHITEPAPER [ENG] [KR] [JP] [CN]