20/06/2020
*FREQUENTLY ASKED QUESTIONS ON INKSNATION*👨👩👦👦👨👨👧👦👩👩👦👨👩👧👩👩👧👦👩👩👧
*What is Inksnation?*
Inksnation is a *Decentralized Autonomous Organization (DAO)* set up by *IBSmartify Limited* as the *First Charitable Trust to create and distribute a unique DIGITAL CURRENCY (known as Pinkoin)* to promote cash-less economy and (at the same time) eradicate poverty among the users of *Pinkoin as a mean of exchange of goods and services and for settlement of debts all over the world.*
*Is Inksnation an investment organization?*
*Inksnation* is not and investment company. As stated earlier Inksnation is a Decentralized Autonomous Organization (DAO) that is established to use the power of blockchain to create a digital money known as Pinkoin that will be used globally as a mean of exchange of goods and services and for settlement of debts just like fiat money (i.e. paper money).
As the creator of Pinkoin, Inksnation is giving its registered members a grant of, at least, N2.5 million and, at least, N120,000 (in Pinkoin) as Universal Child Basic Income on monthly basis for life. This gesture is to eradicate poverty totally among its registered members all over the world.
*Where is InksNation planning to get the money from?*
Inksnation is not a global bank and creator of Pinkoin. Inksnation created its own native coin known as Pinkoin by merging the power of cryptocurrency and philanthropism together! Inksnation is the creator of the first ever cryptocurrency (digital money) in Africa called Pinkoin. Once the Pinkoin gains mass adoption as a mean of exchange of goods and services and for settlement of debts, there will be more than enough money to go round. For example, 180 members will give the Pinkoin a value of $1.00
So, 18 million members (I.e. Living Nodes) divided by 180 members will give us 100,000. That means 1 Pinkoin will worth $100,000 (i.e. N40 million). If we divide N40,000,000 by N120,000 you will get 333.33 months. Divide 333.33 by 12 months you will get 27.7 years. So when we have 18 million members, 1 Pinkoin will worth $100,000 and will be able to pay a Bronze member for more than 27 years.
*What will I be doing on the platform to earn*
Absolutely nothing other than just register, be a Living Node, print out your Pinkard and keep your details save till when the usage of Pinkoin and conversion of it through withdrawal will start by 12th August 2020. That is when the usage of Pinkoin will officially commence.
However, if you want to be a Pinkard Agent and participate in Inksnation Referral Program to get others to join inksnation, (or become a Pinkoin exchanger) you will activate your Pinkard and you will be funded with N140,000 (in Pinkoin) to enable you collect cash from incoming members and activate their chosen membership plan. Please note that once you have exhausted the N140,000 given to you, you must remit N20,000 back to Inksnation and keep the remaining N120,000 as your commission. The N120,000 you are allowed to keep will help you to be an exchanger when the usage of the Pinkoin starts.
*Why do I need to pay since they want to eradicate Poverty?*
You are not paying to invest but to show your willingness to adopt Pinkoin as money for this digital age. contribute a token to show your adoption of the Pinkoin. Besides, It takes money to produce money. The money you pay to Pinkard Agents to join Inksnation is nothing compared to the money that will be given to you for life as a member of Inksnation.
*Will I enjoy membership benefits if I do no refer people to join?*
Definitely YES. This is a poverty eradicating program and not a network marketing program.
*Can I upgrade to a higher plan later?*
Absolutely you can. In fact, the only approved means to acquire more Pinkoin Reserve is to upgrade to higher membership package. Members will not be trading coins in Inksnation like other digital currency such as Bitcoin, eCoin, Libra, Gram, TBC, etc. But use it among themselves for p
ayment of goods and services and for settlement of debts through peer2peer.
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