Promising Crowdfunding Site Set To Release New Cryptocurrency August 31st
In an effort to raise startup funds to develop what promises to be an innovative crowdfunding site (PICISI.com), PICISI is launching a new cryptocurrency today to coincide with the start of their 15 day crowdfunding effort.
PICISI (Philanthropic Investments and Charity for Inventions, Startups, and Ideas) is a crowdfunding project that has been in development for a number of months.
Pi (PICISI issued currency) is the common name given to the cryptocurrency (currency code: NUMUS) PICISI created 4 months ago that is now ready to be released to the public.
Pi/NUMUS (Latin for currency) was created using the NXT Monetary System. NXT is one of a handful of highly advanced cryptocurrency platforms often referred to as ‘Bitcoin 2.0’ platforms.
Pi was designed to play an integral role in the long-term business development of PICISI in the following 3 specific ways: initially, like all national currencies, to raise startup funds; secondly to use in the day-to-day operations of PICISI; and finally to provide a funding resource for major capital expenditures, e.g. Money Services Business licenses for all 50 US states, which could amount to $1M.
PICISI’s mantra is ‘Promotion, Promotion, Promotion’ – this is primarily how Pi will enter the marketplace. Promotion Contractors are self-employed individuals from all around the world who do PICISI assignments. They are primarily writers, but also video producers, graphic artists, marketing professionals, and social media experts. Once registered, Promotion Contractors are able to work on various PICISI assignments to earn Pi.
Knowing that cryptocurrencies are notorious for being volatile investment instruments, PICISI plans to provide Pi with a level of stability by instituting a value adding ‘rebuy’ plan – as PICISI earns fiat, it rebuys Pi on the open market.
As a crowdfunding site PICISI expects to earn revenue primarily through fees charged to campaigns, and through various sponsorship opportunities. Under the rebuy plan, earnings in the form of fiat (USD, GBP, CAD, or any other national currency) will be used to buy Pi at public cryptocurrency exchanges. PICISI also indicates that if an official exchange sponsor is in place, all Pi purchases made by it will take place at that exchange.
PICISI sees Pi as an international currency that will fund global entrepreneurship; you can purchase Pi (currency code NUMUS) at the rate of 117.75 NXT per Pi here: https://nxtportal.org/currencies/1350076970661039300, or via any NXT wallet by clicking “Monetary System”, “Currencies”, “NUMUS”, and “Exchange”.
To learn more about Pi, contact PICISI at Pi@PICISI.com
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This article is for general information and news purposes only. It does not take into account readers’ personal circumstances or investment objectives. As with any investment, readers should carry out their own due diligence research before making (or refraining from making) any investment decision.