@XNFCEO @NoFiatCoin many japanse think that your partner in japan is scam company. now many japanse selling XNF http://hope.2ch.net/test/read.cgi/cryptocoin/1407330914/l50 …
The answer is No, not any more. That used to be us in Japan. Ikuo Nakayama was the team member on the ground in Japan, helping us get set up.
The same publication informed us that many, in Japan, are doubting our 20% return on investment from our agriculture investment options. See below:
@XNFCEO @NoFiatCoin And many japanse doubt your 20 return of investment option. maybe more detail is necessary.how you insure....
Since day one we have spoken, publicly, how we aim to create a perfect financial system, where no one has to lose, from real tangible assets and works. We are not there yet, but these agricultural investments were not merely an idea that popped into our heads, it is all part of reaching that goal.
I will address the insurance question at the same time that I provide more details into the agricultural investments.
We are planting (yes, we are, not a third party) specific crops that bare fruit at least twice a year. We do this to maximise the investments. Notice that the investment contracts pay after one year even though we get at least two crops per year. Why is that so?
Even after insuring the crops and paying for all the costs that are involved with each planting season, at the end of the year we actually net about 75% on the original money invested (collectively), give or take a couple of percentages to deal with miscellaneous costs. We offer our customer 20%, we will put 20% aside to purchase more assets (gold, farms, etc), and 20% we will placed into the XNF market (buying back XNF coins) to provide liquidity and ensure its growth. 10% will be used to support operations and costs with Tilmore Investments S.R.L. The last five percent is the room we give ourselves for unexpected costs.
When we first came to research agriculture in the Dominican Republic, we landed in the Department of Export & Investments (CEI-RD), where we were informed about which organisation we needed to form and which constitutions were the correct ones for our future company, in order to be able to bring foreign investments into the country. We were then passed onto the Ministry of Agriculture where we had access to guidance, studies, statistics, exporting contacts and information on the department that insures crops, AGRODOSA. As it stands, it is a government effort reinsured by well known international organisations, such as SwissRe (Switzerland) Hannover Ruckruvershicherung A-G (Germany). These reinsurance entities are responsible for 75% of the insured money, the government is in charge of the rest.
Last week in Bavaro, on the 2nd of September, not too far away from our office in Punta Cana, there was a seminar held by the Ministry of Agriculture. A major topic was Agro Insurance and the plans to make a Universal Agro Insurance in the country for all the producers (farming). The participation of representatives from the major international reinsurance companies, gave validation to the plans which seem to already be in progress.
What we are building, together with every XNF supporter, is a self sustainable and tangible financial system. Not in codes or crypto fluff, but in real operations. The soil is real to me, for it incubates the food that feeds the world. Metals are real to me, because shinny or not, they have an industrial purpose.
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