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About CFAcoin

CFA coin’s overeaching vision is to be the leading and preferred digital utility currency of choice in Sub-Saharan Africa for the purchase of petroleum/ gas and for general use by the overall digital community.

CFAcoin Mission

In a period of rapid digitization of payments and finance, the CFA coin aims to bridge the financial and digital divide in Sub-Saharan Africa that continues to undermine the potential for small businesses to grow and for consumers to reap the benefits of digital inclusion and innovation.

The coin will ensure this through strategic partnerships and by focusing on providing financial inclusion for marginalized sections of society to gain access to petroleum/ gas products at comparably lower prices. Consequently, this will assist in creating an efficient system of managing financial transactions via the blockchain application. Based on CFA’s vision and mission.

Let's Start

CFAcoin Objectives

We seek to generate awareness of cryptocurrencies in Sub-Saharan Africa and the role they play in boosting broader development. Stimulate and support development of blockchain/ cryptocurrencies in Sub-Saharan Africa, through the facilitation of partnerships, commercial opportunities, and advisory support. Provide Payment Convenience. Extend digital payment services in the form of cryptocurrencies to underserved consumers and forecourt retailers. Provide a transparent, cheaper and more efficient system of managing financial transaction via the blockchain application.

Wallet

Secure Wallet

The CFA coin blockchain network is integrated with high-grade security systems that will safe-guard encrypted keys from any misappropriations and ensure protection of all sensitive information

Protection

Unique ICO Model

CFA presents a distinctively unique ICO sale model,allowing CFA coin holders to independently sell coins through inter-wallet transfers to other investors during ICO period.

Analysis

Revenue Stream Oportunities

In addition to being a transactional utility coin, the CFA coin also offers revenue creation opportunities for both consumers and merchants.

ICO and Coin Distribution

The CFACoin sale will be a starting point to increase the adoption of the CFA coin and raise funds to cover on-going developmental costs of the CFA coin ecosystem.

Coins will be distributed immediately after confirmation of Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH) payment.

Starting Time : July 23, 2018
Ending Time : Nov 18, 2018
Soft cap : 1,200,000 CFA
Hard cap : 3,000,000 CFA
Token Symbol : CFA
Exchange Rate : 1 BTC = 6689 CFA
Token Sale : 425,000 CFA (46%)
Total Transactions : 437,543
  • Private/Pre Sale
  • Public ICO
  • Team & Advisor
  • Marketing & General
  • Bounty/ Air Drops
  • interconnection Dev
  • Marketing & General
  • Mobile Ad Platform
  • Ad Platform Integration
  • Operational Overhead

CFA Partner Filling Stations

CFA has already secured partnerships with major forecourt retail entities in Nigeria, a key market in the Sub-Saharan Africa region. These retailers have agreed to accept the CFA coin as a method of payment for the purchase of petroleum/gas products. Partnerships with retailers of other products are also being explored. There will be a guaranteed customer base that will seek to exchange them for these products. Further partnerships and endorsement are being explored in other Sub-Saharan African countries such as Ghana, South Africa, Uganda, Angola, and Kenya.Names of CFA Partnered Petrol and Gas Stations.

CFACoin Project Roadmap

The roadmap demonstrates CFA coin’s commitment and transparency by highlighting how and when we will fulfil every task to develop the CFA ecosystem.

Q3 2017

CFA Project Initialization, Vision, Concept Development and Market research

Q4 2017

Plan and Finalize Project Team - Software Development, Technology, Marketing, Legal& other advisory services

Q1 2018

Finalise concepts, designs, white paper, CFA wallets, CFA GitHubLink, CFA company registration in Nigeria

Q2 2018

Initiate Agreements and Establish Merchant Partnerships (Petrol/ Gas Station)

PR activities (Press/ Media releases, Nigerian Blockchain Conference)

Finalize ICO Plan and Structure

Launch CFA website, bounty program

Finalise and release CFA wallets

Q4 2018

Establish CFA owned and operated fuelling stations (property acquisition for fuel facility development in Nigeria, Department of Petroleum Resources license application and approvals)

Q1-Q3 2019

CFA Owned Petrol and Gas Facilities development and installation completion in Nigeria

Our Team

The CFA team has line up of dynamic individuals. Our international team of advisors makes us well placed to facilitate this project.

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Timo Trippler

ICO Advisor

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Timo Trippler

ICO Advisor
About

An Accomplished ICO Advisor of several successful blockchain projects. Board member of several investment companies and projects.

Blockchain 80%
Tokens Sale 90%
Market caps 70%
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Charles Nzimande

Digital Marketing Advisor

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Charles Nzimande

Digital Marketing Advisor
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John Scott

CTO/ Front End Developer

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John Scott

CTO/ Front End Developer
About

Founder of Venus Media Ltd and Owner of leading website for affiliates in the entertainment industry TakeBucks, he is a videographer, photographer and producer with a big number of successful entrepreneurships under his name over the last 18 years.

Blockchain 80%
Tokens Sale 90%
Market caps 70%
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Emmanuel Adams

Project Team Lead

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Emmanuel Adams

Project Team Lead
About

Founder of Venus Media Ltd and Owner of leading website for affiliates in the entertainment industry TakeBucks, he is a videographer, photographer and producer with a big number of successful entrepreneurships under his name over the last 18 years.

Blockchain 80%
Tokens Sale 90%
Market caps 70%
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Chuta Chimezie

Blockchain Advisory Lead

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Chuta Chimezie

Blockchain Advisory Lead
About

An Accomplished ICO Advisor of several successful blockchain projects. Board member of several investment companies and projects.

Blockchain 80%
Tokens Sale 90%
Market caps 70%
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Doris O. Ojuederie

Global Promoter

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Doris O. Ojuederie

Global Promoter
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Christy Tawii

Country Promoter -South Africa

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Christy Tawii

Country Promoter -South Africa
About

Founder of Venus Media Ltd and Owner of leading website for affiliates in the entertainment industry TakeBucks, he is a videographer, photographer and producer with a big number of successful entrepreneurships under his name over the last 18 years.

Blockchain 80%
Tokens Sale 90%
Market caps 70%
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Faith Titus

Global Promoter

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Faith Titus

Global Promoter
About

Founder of Venus Media Ltd and Owner of leading website for affiliates in the entertainment industry TakeBucks, he is a videographer, photographer and producer with a big number of successful entrepreneurships under his name over the last 18 years.

Blockchain 80%
Tokens Sale 90%
Market caps 70%

Frequently Asked Questions

We’ve accumulated a shortlist of the most popular FAQ queries, most typically asked by our customers.

Holders can use CFACoin to purchases petroleum products from CFA partner filling stations/ forecourt site at discounted prices.
You can benefit from minting/staking by keeping your purchased CFA coins on the downloaded CFA coin wallet of choice based on operating system such as windows OS, Mac iOS, Linux Walletwith internet connection.
You can participate by signing up on the CFA coin website and purchasing CFA coins using other crypto currencies such as BTC, ETH & LTC.
CFACoin will be listed on www.cryptrox.com and other exchanges after ICO. The number of exchange markets will grow with the increase in user demand, this will also make it possible to exchange the CFA coin with other cryptocurrencies such as Bitcoin and Ethereum.
This is based on your efforts and the number of people/investor who purchased CFA coins using your referral link. If you are a committed agent,the CFA foundation will support you
Greater access to local markets and a larger consumer base. Opportunities to sell petroleum products to regional markets using decentralized and convenient payment methods.
Yes. But we utilize Proof-of-Stake for minting, which anyone can do using any internet connected computer.
Only 10,000,000 (ten million) CFAcoin will ever be created.
CFAcoins have value because they are useful as a form of money. CFAcoin has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in central authorities (like fiat currencies). In short, CFAcoin is backed by mathematics.
The price of a CFAcoin, with time, will be determined by supply and demand. When demand for CFAcoins increases in exchanges, the price increases, and when demand falls, the price falls.
Yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar.
While it may be possible to find individuals who wish to sell CFAcoins in exchanges, for now, you can only get through our ICO, or bounty programs.
You should never expect to get rich quickly with CFAcoin or any emerging technology. It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.
When a user loses his wallet, it has the effect of removing money out of circulation. Lost CFAcoins still remain in the blockchain just like any other CFAcoins. However, lost CFAcoins will remain dormant forever because there is no way for anybody to find the private key(s) that would allow them to be spent again. Sorry, if you loose your CFAcoin wallet or your private key, you coins will be lost!
Nobody owns the CFAcoin network much like no one owns the technology behind email. CFAcoin network will be controlled by all CFAcoin holders around the world, who will be rewarded through minting.
CFAcoin Foundation is a registered business entity in South Africa, Mauritius Ghana and Nigeria.
No. CFAcoin is a utility token usable only withing the CFA coin ecosystem. However its is exchangable in exchanges where it can be swapped for any other digital currency.
No. Although CFAcoin is a utility token, holders must realise that it will require time and efforts to create needed market traction that will drive up the value of the tokens.
CFAcoin is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used. There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with CFAcoin.

Contact Us

CFA Foundation has offices located in South Africa, Ghana and Nigeria.

  • Address

    22 Rathanga Rd. Cape Town, South Africa

  • Phone

    +27 82 591 3696

  • Email-address

    admin@cfacoin.io