AscendClub is officially open!
See updated Terms and Conditions here: https://docs.google.com/document/d/19bgQRAbJ9oH_UeP_i_3dmGXAzYyH4qaMMi42mr-6T3s/edit?usp=sharing
Basically, there will be no Escrow. But... we will pay you 500 ASN straight away.
So in theory you can get 100k, become member, receive 500 ASN, and then spend your 100k.
But please don't do that.
Remaining 2,000 ASN will be paid out in 1 month.
We already have member #1.
Thanks
See updated Terms and Conditions here: https://docs.google.com/document/d/19bgQRAbJ9oH_UeP_i_3dmGXAzYyH4qaMMi42mr-6T3s/edit?usp=sharing
Basically, there will be no Escrow. But... we will pay you 500 ASN straight away.
So in theory you can get 100k, become member, receive 500 ASN, and then spend your 100k.
But please don't do that.
Remaining 2,000 ASN will be paid out in 1 month.
We already have member #1.
Thanks
So ....Nr 1 member after month will make fortune .Huge $ 1.65 ( one dollar and sixty five cents) WOW .He will be rich . Finaly he can buy half double burger in local BurgerKing and for second half burger he can apply for loan in local bank.Very impressed.
.The point of the club is that if enough people joins, it creates scarcity which drives the price up. Same principle as DRK/DASH masternodes requiring 1000 coins. So if the price reaches 1800 sat from 300, that $1.65 would become $10 at the end of the first month which also means the initial investment that might have cost you 0.3 BTC could worth 1.8 BTC. And that's only one month.