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Mission prosperity (PCH)

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Status
ICO

Mission Prosperity aims to bridge the gaps left by the current banking infrastructure by widening its reach via blockchain-backed financial services. Our mission is to provide an alternative, more equitable approach that focuses on untapped markets around the globe.

Mission prosperity White Paper Whitepaper

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Interest lvl
Low
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User Rating
Low
2/5 1 votes
Ticker
PCH
Type
Utility-token
Token standard
ERC20
FoundedUnited States
Registration year2020

What is Mission prosperity

The inception of any robust business model often begins with addressing the shortcomings present in the industry in question. Mission Prosperity is a living embodiment of this statement.

Having witnessed the gaps left behind by the mainstream banking industry first-hand, our team started Mission Prosperity with a simple goal in mind - to bring readily accessible financial services to the people forgotten by traditional banking institutions. Backed by the power of blockchain technology, Mission Prosperity pushes the envelope further by tapping into the tremendous potential of a virtually untouched market worth hundreds of billions of dollars.

Bank Xero - How will it work?

Services

  • Bank Xero offers consumers all the functionality of any traditional banking service. From its inception, Bank Xero will be able to handle all the day to day banking needs of users - salary deposits, processing checks, paying bills, automated savings and most importantly, seamless sending and receiving of remittances, etc.
  • Products

  • As the plan rolls on to Phase 2, we will begin focusing on the informal economy. Bank Xero will offer users all of the aforementioned capabilities along with the means to access them. Since our target demographic rarely has ready access to banking services, this will involve equipping the clients with a handheld device to access the banking app.
  • Mission prosperity Roadmap

    1
    Q1 and Q2 2020
  • Conducted research on the legislative and regulatory framework for banking in Europe, North America and Asia.
  • Conducted surveys of benchmark banking services and products that would be required for launch.
  • 2
    Q3 and Q4 2020
  • Engaged with a development firm to create the token, framed the marketing and ICO strategy.
  • Pre ICO begins with a pre-ICO token price of $0.40.
  • ICO launch with a token price of $0.50.
  • Phase 1 underway with a minimum raise of $250,000 and a hard cap of $5,000,000.
  • 3
    Q1 and Q2 2021
  • Engage a top-tier consulting firm to research and plan ahead.
  • Begin foundational work on the technology needed to underpin the bank.
  • Hiring key executives to found the bank.
  • Enhance work on blockchain development.
  • Setting up of corporate structures.
  • Listing Peach coin in exchanges.
  • 4
    Q3 and Q4 2021
  • Launch of an MVP blockchain.
  • Buyback program for Peach coin begins.
  • Launch of a secondary ICO with a soft cap of $25,000,000.
  • 5
    Q1 and Q2 2022
  • Phase 2 of the operation begins.
  • Building a core team of 8 to 10 members for the leadership team.
  • Acquisition of bank licenses.
  • Creating the technology needed to service clients in the informal economy.
  • Token Sale Dates

    ICO

    Start date: Dec 15, 2020
    End date: Mar 15, 2021

    Token Allocation

    Total Token Supply 200,000,000 PCH
    Total Tokens for Sale 10,000,000 PCH

    Funding Details

    Soft Cap 250,000 USD
    Hard Cap 5,000,000 USD

    Restrictions

    Residents of the following countries are prohibited from participating
    China, Iran, North Korea, Thailand

    Funds allocation


    PLATFORM & CORE PRODUCT DEVELOPMENT - 25%
    MARKETING & BUSINESS DEVELOPMENT - 10%
    OPERATIONS - 20%
    EXCHANGE LISTING - 10%
    RESERVE - 10%
    LEGAL - 25%

    Token Price and Payment Options

    Token price USD 1 PCH = 0.50 FSN
    Accepted Currencies BTC,ETH, LTC

    Project team

    Alfred Lo
    Alfred Lo
    John Griffin
    John Griffin

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