The Product
Apucoin Rocket is a money and financial asset management platform built for the people. The project intends to help people manage their finances better through blockchain technology and smart contracts. While the project aims to help people in Finland, the idea resonates to a much more global audience.
Automated Fund Distribution
The Automated Fund Distribution system in the platform is made for people who have trouble managing their monthly income. Money management is hard especially when there are many ways to spend it.
Apucoin Rocket’s fund distribution system manages your funds for you so that you can have money to use throughout the month.
For example, if you get 500 Euros a month, you can deposit it into the Apucoin Rocket platform and you get an equivalent amount in Apucoins. However, you can’t withdraw them all at once. The fund distribution system distributes a portion of the amount of Apucoins you hold, at a user-defined rate (daily, bi-weekly, and weekly).
Apart from helping the users better manage their financials, the system also maintains the value of the Apucoin token by preventing mass-selling.
The Helper Vault
Apucoin, as the name suggests, is based on the popular meme Apu Apustaja or the “help helper.” The reason we picked this theme is that the core idea of the project is about helping our fellow human beings.
The Helper Vault is a semi-locked funds lockbox that can only be used to pay for verified service providers such as hospitals, grocery shops, insurance companies, pharmacies, and so on.
A portion of every deposit made by the user is sent to a smart contract that acts as a private vault for the user. A small portion of each transaction made by the user also gets sent to the vault. The funds kept in this vault completely belong to the user, however, this fund can only be accessed to pay for authorized services such as healthcare, insurance, education, and so on.
Last updated
Was this helpful?