Public offering of virtual currency

1.

Hello, the answer is not easy, hope to adopt, first of all your question is two pieces of content, the issue of digital currency and mining! This is two things, generally need to use mining machine to mine are published and online transactions of digital currency, and the majority of mainstream currency! For example, BTC / eth

4. Singapore law sponsored terms.conditions for public issues token public offering terms, website publicity and disclaimer in accordance with Singapore regulatory regulations
I don't need to explain the last two items. Private placement and public offering depend on your personal situation. With the relevant legal opinions, it will be more convincing to your investors. Everything you do is legal and compliant. In addition, after reporting, we are not afraid of MAS to check you. Of course, the most important point is that we can go to the mainstream exchanges
among them, the packaging and promotion of tokens, and the exchanges you go to, are the places that reflect the strength of your currency. The fees for necessary documents mentioned above are not worth mentioning< br />

2. blockchain is a kind of chain data structure that combines data blocks in order according to the time sequence, and it can't be tampered and forged by cryptography
virtual currency is simply a kind of digital currency using cryptographic algorithm, and virtual currency is invisible
the media of the central bank also said that private digital currency transactions will not be opened after the situation is stable

3.

Yfi is the token of year.finance project, which is jokingly called "Uncle" by netizens. Year.finance is a decentralized financial platform. Recently, the word "decentralized finance" is also very popular in the coin circle, that is, defi

The goal of

year.finance is very simple, it is an aggregation platform for the loan platform to service the profit output data of different procts, and it obtains the highest profit output in the contract transaction interaction by rebalancing the data

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extended data:

1. The total number of yfi is small:

the total number of yfi issued is only 30000. At present, more than 50% of yfi tokens are locked in different liquidity mining pools. The number of yfi flowing (tradable) outside is less than 15000. The quantity is rare, and the price is high

2. Yfi token allocation:

generally, the token allocation of a project includes founder holding, team holding, private placement, public offering, working capital and other aspects, which together will basically exceed 50% of the total amount of tokens. When these shares are unlocked, it will cause certain selling pressure

3. Hot spot of defi + project Hype:

when yfi was born, it was in the hottest period of defi, and a series of operations of the project side attracted a lot of heat. To sum up, it can be seen that yfi is actually an ordinary defi project. The reason why the recent popularity is so high is that in addition to the large increase, it is the super high unit price of 220000 yuan. Although the unit price of yfi is high, its market value is not particularly prominent. The circulation market value is about 2-4 billion yuan, which is more than 200 billion yuan compared with that of bitcoin

4.

Yfi is the token of year.finance. Year.finance is an aggregator for mobile mining (hereinafter referred to as "yfi" for ease of reading). There are compound, AAVE, lend, curve and other ore pools in the market. Due to information asymmetry and other factors, there is a huge difference in the rate of return between these ore pools. Users can automatically access high-yield ore pools through yfi platform to maximize mining income

on July 17, 2020, yfi announced on twitter that its official website was officially launched to start liquidity mining. Yfi launched four ore pools in the first batch, and users can participate in mining by providing affordability in balaner, with the highest annual income of more than 700%. Due to the super high yield, yfi has attracted a large number of users to participate. In just a few days, the amount of locked positions exceeded 100 million US dollars

extended information:

yfi issued 30000 pieces in total, the team had no reservation, no private placement, no public offering, and all of them were proced by mining. In other words, yfi issued only a limited amount, and all yfi participants were in the same line. It is a completely decentralized cryptocurrency, which is very similar to bitcoin. Therefore, as soon as yfi went online, it encountered crazy speculation

on July 17, 2020, yfi liquidity mining price is only 3 US dollars; The next day, yfi soared to $400

on August 20, 2020, the price of yfi exceeded US $13000 for the first time, surpassing bitcoin and becoming the new "king of money"

5. According to the degree of personal hobbies and economic ability, this is virtual in itself. No matter how much investment is made, it is also to satisfy personal hobbies. If the economic ability is not good, don't invest. It's unrealistic for you to work hard to make money and invest in virtual games. Don't you think it's naive? Rich players who invest a lot know that they are virtual; I also spend money, but people don't care about the money. It's entertainment. I'm an old CF player, but I invest very little. It's useless to spend more than ten yuan every now and then. It's just a game. Business entertainment is optional. It's different from normal living expenses

6. Generally speaking, the main company for blockchain projects will be registered in Singapore. The main reason is that there are good policies and laws to support blockchain. At present, Singapore is the only country that can issue legal opinions. If you want to issue currency, I suggest you register Singapore foundation

7. The digital currency of the people's Bank of China is called DCEP (digital currency electronic payment), which can be simply interpreted as the digital substitution of paper money< According to the public sharing of Zhou Xiaochuan, former governor of the people's Bank of China, and Huang Qifan, vice chairman of the China Center for international economic exchange, the digital currency Research Institute of the people's Bank of China has been established for 5-6 years, and I think it has become mature.

at present, China has been trying out digital RMB in many places, and so far, digital RMB has been used in Shenzhen, Suzhou, Beijing, Shenzhen, Shanghai, etc Cheng's four major cities have concted seven rounds of red envelope pilot projects, with a total of nearly 150 million yuan distributed. Nearly 10 million people participated in the lucky draw, and more than 500000 people received and used it
on the whole, the pilot work of digital RMB is progressing steadily with the rhythm of "one place is mature, one place is pilot, the coverage is graally expanded, and the concurrency is constantly improved". In terms of application scenarios, according to the data disclosed by the people's Bank of China, as of early December 2020, nearly 50000 pilot scenarios of digital RMB have been expanded, covering the fields of living payment, catering services, transportation, shopping consumption, government affairs services, etc

it is believed that the digital currency of the Central Bank of China will be implemented soon

8. It's better for you to compare and choose more.

it's better to choose USD as the general currency for simulation. Because the US dollar is the most common real account, you can choose euro and Japanese yen at will.
the simulation I did in FXCM Global gold exchange has also applied for simulation.
the withdrawal has been made several times, and it's all American gold.
you can withdraw once a month for free, and the donation is 500 US dollars and 100 US dollars, so the withdrawal on the platform is still fast

9. The investment income obtained by continuously holding the stocks issued by resident enterprises and listed for circulation for less than 12 months shall be subject to enterprise income tax, and the business tax shall not be paid for the dividend income, but the business tax shall be paid after the stocks are sold< According to Article 26 of the enterprise income tax law of the people's Republic of China (Order No. 63 of the president of the people's Republic of China), the following income of an enterprise is tax-free income:
(1) interest income from treasury bonds
(2) dividend, bonus and other equity investment income between qualified resident enterprises
(3) non resident enterprises that set up institutions and sites in China obtain equity investment income such as dividends and dividends actually connected with the institutions and sites from resident enterprises< (4) the income of qualified non-profit organizations< Article 83 of the regulations on the implementation of the enterprise income tax law of the people's Republic of China (Decree No. 512 of the State Council of the people's Republic of China) stipulates that the dividend, bonus and other equity investment income between qualified resident enterprises as mentioned in Item (2) of Article 26 of the enterprise income tax law refers to the investment income obtained by the resident enterprises directly investing in other resident enterprises. The dividend, bonus and other equity investment income mentioned in Item (2) and item (3) of Article 26 of the enterprise income tax law does not include the investment income obtained by continuously holding the stocks publicly issued and listed by resident enterprises for less than 12 months
public funds are securities investment funds that are regulated by government authorities and issue beneficiary certificates to unspecified investors. These funds are subject to information disclosure under strict legal supervision; The fund special account raises funds from specific clients or accepts the entrustment of specific clients' property to act as the asset manager, and the commercial bank acts as the asset trustee. For the benefit of the asset trustee, the activity of using the entrusted property for securities investment is called special account financing.

10. The devaluation of RMB is a bad thing for debtors
devaluation means that the purchasing power of the currency has decreased, that is, the former is more valuable now, so the cost of repayment becomes greater

currency devaluation (also known as currency devaluation) is the symmetry of currency appreciation. It refers to the decline of the value contained in or represented by the unit currency, that is, the decline of the unit currency price. Currency devaluation can be understood from different angles
from the domestic point of view, currency devaluation under the metal currency system refers to the measures to rece the legal metal content of the domestic currency and its price to metal ratio, so as to rece the value of the domestic currency; Under the modern paper currency system, currency devaluation means that when the amount of paper currency in circulation exceeds the demand for money, that is, when the currency expands, the value of paper currency decreases. From the international point of view, the value of currency is expressed as the exchange capacity with foreign currency, which is reflected in the change of exchange rate. At this time, currency devaluation refers to the decrease of the exchange capacity of a unit of domestic currency to foreign currency and the decrease of the foreign exchange rate of domestic currency.