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SRCOIN

The First Subscription Revenue Cryptocurrency

Using blockchain technology, distributed and subscribed massage chairs are connected to decentralized network hubs that build health data platform, providing useful health information to patients, medical institutions, and research facilities. ​

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~$4,000,000
value of tokens sold in ICO
Ended
Token
SRCOIN
Price in preICO
1 ETH = 70000 SRCOIN
Price in ICO
1 ETH = 70000 SRCOIN
Country
Whitelist/KYC
None
preICO start
1st Jan 2018
preICO end
28th Feb 2018
ICO start
1st Mar 2018
ICO end
31st Mar 2018
Report

About SRCOIN

Goals of SRCOIN Project and Initial Coin Offering (ICO):

  1. Acquire and “distribute” massage chairs through a subscription business model
  2. Connect the distributed massage chairs to a central network via BlockChain technology and construct a health monitoring platform
  3. 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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