FAQ
AMAZONASCOIN
Learn more in detail about our project
Why buy AMAZONASCOIN?
AMAZONASCOIN is an active cryptography that aims to shorten the distance between angel investors and developers of green projects, companies and startups that aim to develop technology, education, culture or sustainability in degraded or isolated areas. It is an excellent opportunity for those who want to do their part to save the planet, do good to others and still earn money. Part of the proceeds from the purchase of the active crypto will be deposited in a green crypto crowdfunding.
How do I purchase AMAZONASCOIN?
It’s easy, you register at the backoffice through the amazonascash website and you can now buy your AMAZONASCOIN with BitCoin, whether resident in Brazil or abroad, or bank slip for residents in Brazil.
What is a GREEN CRYPT CROWDFUNDING?
It is a way of raising funds on the internet, a kitty, whose purpose is to sponsor green projects. When acquiring AMAZONASCOIN, part of the value goes to the green crypto crowdfunding which will be managed by the National Institute of Excellence in Public Policies (www.inepp.org.br), a non-profit entity. INEPP was certified by the Ministry of Justice in 2007 and will be responsible for selecting and sponsoring green projects.
How will I make money from AMAZONASCOIN?
Cryptocurrency exchanges, such as Binance and Poloniex, determine the value of each of the listed currencies through an algorithm to verify the movement, purchase and sale of the crypto assets. The more AMAZONASCOIN is used to carry out transactions on exchanges, being exchanged for other cryptocurrencies such as BTC or for fiat currency (FIAT), the more value it will have and you can obtain financial advantages with this valuation.
Or even selling the AMAZONASCOIN you receive in the special refund program for the amount it is listed on the exchange of your choice.
Where can Amazonascoin be traded or exchanged?
Today we are listed on www.bitsblockchain.net listed on coinmarketcap. Our project includes listing on at least 12 more exchanges in 18 months.
Who issues and who manages the currency?
The company AMAZONASCOIN PARTICIPAÇÕES headquartered in Barcelos-AM CNPJ 35.576.488 / 001-84 was created in November 2019 to manage the mining and marketing businesses of AMZ in the market. KBC was dissolved because its name does not comply with the company’s purpose and is not located in the Amazon, which would make us pay taxes in a state other than the target of the project.
When will purchases and transactions be enabled on the site?
Purchases and transactions on the website have been released since April 19th, inside the Back office and since April 24th at www.bitsblockchain.net
When will the launch for green project registrations be?
Until December 2020, the AMAZONASCOIN project team will make a public call for entrepreneurs who want to submit their green projects to be funded via green cryptocrowdfunding. The selection process will include the division of projects into purely social projects (non-refundable) and projects with economic development potential to which a partnership will be offered, such as a startups incubator. The model is currently under construction.
Is there a green project already underway?
We have a single project that we support in progress – Banda Falcão Imperial in the city of Barcelos-AM. There are 200 young people playing in a fantastic martial band, it is worth watching their work on Youtube – click here.
– About green projects.
Amazonascoin did not do ICO and was not born token. She went to the market as a COIN, mined and with the portfolios ready. The existing projects were financed with own resources (CPF) from the project’s creators. The Brazilian market, for the most part, stereotypes national coins as being financial pyramids, ponzi schemes, scams and other types. We chose to make the crypto part happen and then, with funds, select the projects, failing to create false or future expectations, to effectively execute as soon as we select.
It is a stance that goes against the market, but gives us the certainty that we are doing the right thing, without generating mistaken expectations, and without raising funds illegally.
Can the investor not choose a project to help?
The investor’s choice of project management model is still in the process of analysis and creation. There are conventional crowdfunding models, there are donation models, and others.
Our model tendency is to listen to the investor and decide which projects receive budgets on the INEPP board, in order to achieve the Institute’s objectives. The entire process will be transparent on the website, including decisions. The forecast is that by November we will have the model and blockchain for project monitoring ready and implemented.
How will the ROI of investments be measured?
The methodology applied to measure ROI will be the one recommended by ENDEAVOR. In general, it is estimated that investment in AMZ improves the planet’s climate because it represents the carbon sequestration recommended in the Paris Agreement (an intangible value) and that the market variation of BTC (upwards) and carbon credit ( high parity) will be the main indicators for ROI. People who bought AMZ at the beginning, at USD $ 0.02 realized more than 100% profit in the first week of the market (this was real)
Does Amazonascoin guarantee financial return?
Amazonascoin does not promise fiduciary financial return, that would be illegal. The return to which it refers is about improving the sustainability of the environment, the contribution of crowdfunding in projects for the recovery of areas and education for isolated areas.
The first action was to open the company’s CNPJ in Barcelos-AM, where I commanded a military unit for 2 years. It is so isolated that it has no commercial airline and to get there, leaving Manaus-AM, it takes 30 hours by boat because there are no roads.
In this place, I was never able to identify any cent from NGOs, the World Bank, BNDES, the Amazon Fund or any of these.
The investment proposed by AMAZONASCOIN goes beyond the purely financial and fiduciary, it is based on the generation of conditions for the wealth to be distributed in the form of well-being and education.
What is the role of INEPP in the investment process?
There is no conventional investment by AMAZONASCOIN. The investor buys the currency on the exchanges where it is listed and realizes his profit based on the exchange variation (spread) generated by the change in value.
The green cryptocrowdfunding will be managed by INEPP. Investors will not make investments in the fund, when buying the currency and if it appreciates in the market, the fund (which has its own currencies from mining) will invest the funds in projects that are approved by the INEPP council.
How does coin mining work?
Coin mining is in HD. The HD is plotted with the blockchain codes and from there begins the generation of the coins. Each 1T of plotted space is capable of generating 30,000 coins per year. The mining is expected to start selling in July.
Has mining started yet?
Open mining has not yet started, only Amazonascoin’s own private one to supply INEPP and we can start, as soon as possible, the registration of green projects. The project was designed to be self-sustainable, even in terms of resources, we do not yet have any partner or partner with large capital to accelerate the project. We do not invest in heavy marketing, only in organic, to keep the company’s steps compatible with its size. The project was designed to last and not just to make money for money.
What makes Amazonascoin mining greener?
Miners will mine in HD plugged into their own computers, with an average consumption of 12 KW / h per month, the same as a normal computer for a Brazilian family. Mining 1 dollar of Bitcoin (worth more than USD $ 9,000.00) requires 14KW / h. This is proof of mining efficiency.
What are the advantages of pool mining?
The pool mining planned for IDOPOOL exempts the miner from having mining at home. He leases part of the company’s mining park and receives his rewards for doing so. It has not been activated so that the pyramid stereotype (one of your questions) does not adhere to the image of the project, which has in itself an innovation of purpose and seriousness.
How secure is the Amazoncoin system?
We do not have a network system, we are not a pyramid, there is no system to be sustained. We are a purposeful currency, the value of which will be given by the importance of market awareness that we need to preserve the planet. PoC mining uses 10,000% less energy than Bitcoin (this alone would give the benefit in reducing greenhouse gases), each AMZ has a real representation of carbon stock, that is, for it to exist, forests are being preserved (Attached is the map of the 832 ha area whose tCO2e are in custody with the company Amazonascoin)
Is Amazonascoin a local or international project?
AMAZONASCOIN PARTICIPAÇÃO is a national company. AMZ trading will be international as it will be listed on exchanges around the world. Today we are already in the Chinese market, where www.bitsblockchain.net is based.
Banco ADB, what is it?
ADB is a hybrid fintech project with cryptotech. Fintech will be a whitelabel of www.bitcapital.com.br an open bank platform. Within the application, in parallel, we will have a kind of DEX for movement in the crypto world. This application, to be launched until July, should be another platform that will allow AMZ to negotiate.
When will the bank start operating?
The ADB bank that goes to the market with the fancy name of Coin Digital Bank is scheduled to be launched this May. It is in the stress test phase and already has all the documentation submitted and approved by the CVM and the Central Bank.
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