About SRCOIN ICO
Goals of SRCOIN Project and Initial Coin Offering (ICO):Acquire and “distribute” massage chairs through a subscription business model
Connect the distributed massage chairs to a central network via BlockChain technology and construct a health monitoring platform
Through this platform, personal health information will be accumulated in a time series format on a database, and the information can be used by the customers or shared to personal doctors, local drugstores, and research facilities as a preventative and diagnostic measure for the customers involved as well as for future development in healthcare analytics and machine learning technology
Value Proposition of SRCOIN Project and ICO:
First, we are targeting the US $2.2 billion Singapore and Malaysian market for massage chairs with a subscription business model, which will act as a foundation to generating stable and long-term cash flow and increasing intrinsic value of SRCOINs.
- Over next 6 years, the expected return on SRCOIN project is ~800%
- SRCOIN's buyback and burn policy will be carried out via smart contracts using BlockChain technology, and over next 6 years, the amount of SRCOINs in circulation will decrease by ~81%. After 6 years, only ~19% of SRCOINs will be left in the market
- Therefore, increased profitability of our subscription business combined with decreased number of SRCOINs in circulation is expected to enhance SRCOINs intrinsic value by 147 times more than its original value
- SRCOIN project will utilize and benefit from extensive subscription network established by K Rental, allowing ICO contributors to immediately find real value in SRCOINs and see a robust path to profitability
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