KEEP IT SIMPLE STUPID (KISS)
The original PeopleCoin concept and related programs has become very complicated, so I have decided a much simpler format is required.
As of now, none of the programs are excepting new members with the exception of ThePeople Mine. From today everything will be focused on PeopleMine AdPacks and benefits, which in turn fuels the growth of PeopleCoins.
PeopleCoins will no longer be traded in any way and individual allocations will be on a issued on a lifetime basis, thereby generating a royalty style remuneration to holders. This will also mean that the expense of creating our own Blockchain offer will no longer be necessary.
Monies raised from ThePeople Network for PeopleCoin will be used solely for inhouse developments and will be allocated as indicated below.
All monies for the purposes of this distribution are Net Income. This is calculated as Gross Income less Ongoing Costs/PeopleMine Commissions/Re-investment
All cash payments will initially be made via ThePeople Mine dashboard
1) Cash Capture from third party vendors
PeopleCoins 25% (Money Pool 1)
Instant Rewards 55% (Money Pool 2)
2) Featured Cash Capture from a third party vendor.
Free AdPacks 25%
Instant Rewards 55%
3) Net Income Received From Anywhere Else Is Distributed As Cash Capture Unless Featured. This includes sales of PeopleMine AdPacks.
Used for PC Developments (Money Pool 1)
Profits from PeopleCoin Developments split 50/50 between PC Holders and Cash Capture System
Instant Rewards (IR’s) given in addition to Advertising and PeopleCoins to AdPack Purchasers
IR’s are instantly redeemable at ThePeopleReward site
IR’s can be exchanged for CashBack (Money Pool 2)
IR’s can be held for better CashBack value (Money Pool 2)
IR’s can be used to buy or discount sales from PC Developments (Money Pool 2)
IR’s can be used for PC Enterprises (Money Pool 2 – Member Crowdfunding Developments)
Larger AdPacks generate higher amounts of Advertising, PeopleCoins & Instant Rewards
The more Instant Rewards you have the lower your CashBack rate needs to be to make a return on AdPack purchase (ROP)