In this post we will compare other cryptos in relation to Inksnation pinkoin is a Cryptocurrency coin invented by a Nigerian of African origin. The funds will be generated and mined through the power of blockchain technology.
Note: they are generating pinkoin coin to be used as a means of transaction and exchanged for Fiat money.
It is an electronic money that cannot be touched with your bare hands. Every member will paid a minimum pinkoin value of 120k every month to be exchanged to naira. Just the way people Exchange Bitcoin and other coins to a Fiat currency (country currency like naira, pounds, dollar etc).
HOW WILL I TRANSFORM MY PINKOIN TO CASH?
- Pinkoin IBnaira ATM MACHINE will be installed in most cities in Nigeria. But at the start, only 5 points will be available in Nigeria.
- Through Pinkoin exchangers both Online and offline.
Offline Exchanger will work the way Bitcoin and other crypto currency exchange work. At least, you have seeing shops selling and buying Bitcoin.
- Through online market store. It will be linked to many online stores like jumia, Konga. You just need to buy any product with it’s equivalent naira pinkoin value.
- Inksnation is also building their own online store where members can buy products using pinkoin.