– Fees to transfer money and make payments are too high.
– Banks are difficult to deal with.
– No easy way exists to transfer money abroad & buy online, using only your phone.
A mobile phone cryptocurrency (DMC) with a built in exchange mechanism
– Save Money, as all transfers only cost $0.01 (1DMC)
– Make Money, by trading and exchanging on the network
– Share Fees, all fees are rewarded back to users
– A DMC/BTC/XLM digital currency to fiat/gov currency processing company.
– A simple revenue model of 1% per exchange.
$978 Billion – The annual volume of mobile money and remittance payments
$0.55 – Our fee on each transaction (average $55 @ 1%)
$97 Million – Our annual revenue if we capture 1% of the global market
STABLE PRICE: 1 DMC = $0.01
NO BANK RISK: Funds are never held with a bank and no bank account is necessary
LOW DATA: The network uses 80% less data than other Cryptos (which makes it fast too)
EASY: There are only 2 decimal places, same as all other money
LOW FEES: For DMC to DMC, just $0.01. For DMC to others – 1%
MOBILE: The entire network runs on mobiles and all you need is a phone to access I
There is a US patent pending; No. 16/190,900 – DéMars Limited – VS Ref : P3602US00-NQ2FC, on the network design and blockchain. Amongst numerous other technical and business achievements – the team worked