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Ab Coin; Information
Topic Started: Jun 17 2014, 01:11 AM (180 Views)
Keventle
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Ron Reggie
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AB Coin is an alternative currency to the forum currency. AB Coin is decided by supply and demand of money inputted into the currency. The more money in the coin is more value. This is in effort to help stop inflation and keep prices of goods low.

Current Trade:
$AB 1 = $10

+ 0% Growth

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How to Get Started:
You must pay for at least 1 AB coin to get started. There are cents to AB coins meaning you can t buy $AB 0.5 . Although when changing to dollar the cents is always rounded down. The more money you input the more value it will grow. When people withdraw money from AB Coins it looses value. AB Coins can be used to buy and goods with a company that accepts AB Coins. AB Coins are kept on file and you do not need an AB Bank account to get started. AB Coin is the future of Allied States and you can be apart of it! AB Coin is backed by the forum dollar which means there is no false value in the AB Coin. AB coin has a start purchase to prevent one person from owning over 50% of the value.

Business AB Coin:
To collect AB Coins from your business, means that you can make more money off the product once the sale is final. AB Coins should be treated like any other money and used as money. Other benefits include business priority which means you get first conversion between dollar and AB coin over non-priority members/ businesses.

Personal AB Coin:
Your own personal account is different from business. Personal accounts deal with paying people for fees, bets, and other non-business related things. You can also play the AB Coin market which will require the personal membership. People making conversions on business money do not require a personal membership.


Fees & Memberships:
  • Personal Monthly Account : $100
  • Personal Priority Monthly Account: $200
  • Business Monthly Account: $300
  • Business Monthly Priority Account: $400
  • Personal & Business: $200
  • Priority Personal & Priority Business: $500
  • Priority Personal & Business: $400
  • Personal & Priority Business: $400

    AB coin to Dollar Conversion fee: $20
    Dollar to AB coin fee: $10



Edited by Keventle, Jun 23 2014, 12:39 AM.
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