Ambazonia Coin is a project that provides users with a resource allocation system to help refugees and rebuild houses destroyed by the occupying forces. Users will be able to participate in the restoration of the Republic of Cameroon and invest in its development. Using Blockchain technology and smart contracts allows users to track transactions on the platform.
Business Model Overview Ambazonia Coin (AMBA)
1. The validity of income
Investors will be able to earn income by purchasing AMBA tokens in the early stages of sales, thanks to the current bonuses and discounts. The project team is convinced that more than 2,000,000 residents of Cameroon will want to become participants in the project, and will acquire AMBA tokens, this will ensure constant demand and price increases for AMBA tokens. Also residents will be available certificates for cryptocurrency bonds AmbaBond.
2. Number of currencies accepted
The number of accepted currencies is represented by 3 liquid currencies: ETH, BTC, USD.
3. Token emission
In the project there is a limited number of tokens. A total of 1,000,000,000 AMBA tokens will be released.
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 50%.
In the flow chart provided, the project objectives are indicated by the end of 2020 (p. 43 White Paper). After the ICO, the developers will distribute the funds as follows: 50% - “Development of the Ambazonia economic system”, 10% - “Marketing”, 20% - “Ambazonia platform development”, 10% - “Bounty program”, 10% - “Administrative expenses” ".
6. SOFT CAP / HARD CAP Ratio
An evaluation of the SOFT CAP / HARD CAP ratio is not possible, since the project does not have a HARD CAP value. The value of the SOFT CAP is $ 250,000.
7. MVP availability
The project has a developed mobile application available on Google Play.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token-holders.