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The Hidden Treasures: Gold and Silver Backed Maya Preferred 223 AMA Summary

The hidden treasures: gold and silver backed maya preferred 223 ama summary

The Hidden Treasures: Gold and Silver Backed Maya Preferred 223 AMA Summary

The hidden treasures: gold and silver backed maya preferred 223 ama summary

Maya Preferred 223 (MAPR), a cryptocurrency stablecoin backed by gold and silver assets from eight Mexican mines owned by U.K. Financial Ltd, has successfully accomplished its’ first AMA (Ask Me Anything) session, giving particular information about the backing process, company structure, and further development plans.

During the AMA, which took place this Tuesday, April 30th, James Dahlke, CEO and co-founder of Maya Preferred, personally answered 48 questions which were dedicated to various aspects of coin development. The session was held on the ask.fm platform and lasted for one hour.

This event has shed some light on the various essential topics that MAPR’s stablecoin holders have been interested in. Thus, the team has clarified the backing process, saying that “Each token is backed with $23,000 worth of gold and silver at this point. This means that every token that has been created has enough gold and silver to back someone’s investment”, and provided the community with proof of ownership. Another essential concern that was addressed was that the team is currently negotiating with different exchanges and considering new partnerships and exchange listings.

James Dahkle, CEO of Maya Preferred 223, has also explained more of the role of U.K. Financial LTD, the company behind MAPR, stating that the “management experience is in the financial area, particularly with mergers and acquisitions, as well as ventures into the retail space and knowledge of the burgeoning cryptocurrency world, all combined to make the company an up-and-coming player in the world of digital currency.”

During the session Mr. Dahlke also explained that the project was named after his godchild, Maya.

The team also stated that those holders who were not able to participate in this AMA, are welcome to contact via social media for any questions that were unanswered.

About Maya Preferred 223

Maya Preferred 223 (MAPR) is a stablecoin based on the Ethereum Classic blockchain. Each coin is backed with approximately $23,000 in gold and silver from 8 assets, located in Mexico: Santiago Apóstol, Jual del Oro, Grano del Oro, La Fortuna, La Guadalupe, La Guadalupe II, El Milagro and El Milagro II.

MAPR is currently available for trading on FatBTC exchange. When U.K. Financial Ltd, the company developing Maya Preferred, recently added another new backing asset, the stablecoin’s individual price overtook that of a single bitcoin. At the moment of writing one MAPR is trading at almost 1.5 BTC, equal to about $8,000.

Published at Sat, 04 May 2019 06:17:45 +0000

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Investors Called to Action as Bank4YOU Group ICO Prepares for October 26 Launch

London, UK – Bank4YOU Group will launch an ICO campaign during the last week of October in order to accelerate the goal of scaling its service rollout across Africa, Asia, and Latin America. An indicative estimate for the total funding requirement is $50 million, which can be used to support the company’s expansion into new markets and to develop enhanced services (including consumer micro-loans and incorporation of bitcoin or other cryptocurrencies within its money transfer services).

[This is a press release.]


David Agar, CEO of Bank4YOU Group, said:

The World Bank estimates that two billion people are without access to formal financial services with more than 50 percent of adults in the poorest households being unbanked. […] As a company, we recognize that financial inclusion is the main point to reducing poverty and boosting prosperity. With our new blockchain-enabled Mobile Money Remittance Service (MMRS) we intend to play a very active part in making this happen.

Agar will present the demo version of the product at Finovate Asia 2017 in Hong Kong during the ICO campaign.

According to Bank4YOU Group board, the project’s originality is concentrated in the Blockchain technology, the structured chain of data within the decentralized platform. The ICO’s purpose is the development of the MMRS, which is the first convergence of cryptocurrencies with mobile network operator accounts.

The company aims to develop an innovative electronic payment system, which would enable:

  • safe execution of cross-border mobile money transfer between countries
  • possibility to withdraw funds in local currency using local mobile operator products such as mobile money and mobile airtime

The ICO campaign will begin on 26 October and end on 16 December 2017. Within this project, the company will issue 300.000.000 BFY tokens of Bank4YOU Group. The referral program, along with the bonus system, can be found on the company’s ICO website (www.bank4you.io).

About Bank4YOU Group

Established in 2013 and headquartered in London, UK, in 2016, Bank4YOU transformed into Bank4YOU Group, an international consortium of fin-tech service companies operating within the electronic mobile payment services arena. FCA License No715451, issued by the UK’s Financial Conduct Authority authorizes Bank4YOU to provide credit.

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Images courtesy of Bank4You Group

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