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THE AFRICAN TECH PROJECT
The Cash Chat Crowdfunding Program has allocated a total of 35% equity exclusively to active members of the Cash Chat and Boldcashers communities. Buy via www.bcbank.se This equity distribution consists of two share classes: 100,000 Class B shares representing 10% equity in Cash Chat Limited, and 500,000 Class C shares representing 25% equity in the company. The official initial offering price for Class B community unlisted shares is set at $50 per share, while Class C shares are priced at $30 per share.Holders of these community shares have the autonomy to determine their own resale prices and may freely trade their shares exclusively within the active membership of the Cash Chat and Boldcashers communities. Furthermore, shareholders of both Class B and Class C will be eligible to receive dividends derived from several revenue streams, including community transaction fees charged on wallet-to-wallet transfers, income generated from digital advertising sales, and revenue from Cash Chat AI product sales. Dividend distribution dates and amounts will be determined by the Board of Directors in consultation with Class B shareholders.The Cash Chat crowdfunding initiative and community product ownership program is fully decentralized and operates within an NFT-based ecosystem. Shares are not directly purchased with cash; instead, community members must utilize earned rewards accumulated in their Cash Chat Wallets. These rewards are obtained by referring and acquiring active new users into the community.Reward structures vary according to the nationality of the referred users:For each new registered user from Kenya, the sponsor receives a reward of KES 1,000, derived from a one-time membership fee of KES 1,550 paid by the newly registered member.For each new registered user from Uganda, the sponsor receives a reward of UGX 50,000, derived from a one-time membership fee of UGX 75,000 paid by the newly registered member.For each new registered user from any other country, the sponsor receives a reward of $12, derived from a one-time membership fee of $20 paid by the newly registered member.All rewards, commissions, and community transactions are credited directly into the user's Cash Chat Wallet, which is issued to each member upon registration. Every member is designated as a "sponsor" and receives a unique sponsor code. This code is used to onboard new users, earn referral rewards, accept gift transfers from other active community members, facilitate donations, purchase community shares, pay for digital advertising, acquire community-related utilities, and manage personalized community engagement.In this way, the Cash Chat community crowdfunding program fosters active participation, equitable ownership, and financial empowerment among its members through a structured and transparent reward system.
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