jiang: Susumi Coin

Susumi Coin

Our Vision
Unlock excess capital from local groups, which can then be channeled into the socioeconomic transformation of any underserved community using cryptocurrency. Susumi provides practical financial solutions.

The Susumi App
This app allows anyone using the Susu Foundation to raise funds using sponsors' stablecoins. All sponsors will be rewarded with SUSU coins. Susu Foundation is a donation-only private crowdfunding smart contract where subscribers make donations for the benefit of the foundation owner/creator. It is a decentralized blockchain variant of the traditional Susu Finance model widely used in Africa, the Caribbean and parts of Asia.

Susu is a win-win solution for donors, beneficiaries and the community.

Utility of Susumi Coin
Susumi coins are used to create Susu funds on the Susumi app.

The Susu Foundation has a fixed number of donors, and each donor can donate a fixed amount of BUSD to the foundation.

When the fund expires, the donated amount will be transferred to the wallet of the fund creator. Sponsors will be rewarded with Susumi coins, enabling them to create new Susu funds for themselves.

Susumi Wallet
Susumi Wallet is a software program within the Susumi Platform that allows users to store digital assets such as cryptocurrencies, virtual goods and NFTs (“Digital Assets”), Susumi Wallet is a piece of software. . . . Wallets are non-custodial, which means you have full control over the digital assets stored in the wallets you are responsible for.

Every user of the Susumi platform must register and activate the Susumi wallet to access the service.

When you activate your wallet, you will receive a seed phrase and a private key.

You are solely responsible for maintaining the confidentiality and security of your root phrase and private key. When creating a wallet, you should take precautions so that you do not lose access to and/or control over your wallet. Suggested actions include, but are not limited to: (a) Create a strong and unique password for your Susumi account that you will not use for any purpose other than your account. Your Susumi account. your mobile phone password or any other password, online service password, etc.) and use two-factor authentication (2FA) to protect your account; (e) notify us immediately if you discover or suspect any security breach in your wallet.

You agree to notify us immediately of any unauthorized use of your private keys or any other breach of the security of your wallet.

Notwithstanding the foregoing, you acknowledge and agree that you bear all risk associated with your use of the Services, and that notwithstanding anything herein to the contrary, we will not be responsible for any activity that occurs. irresponsible.

You expressly acknowledge and agree that since Susumi Wallet is a non-custodial wallet software, you are solely responsible for your wallet, the digital assets stored therein, and operations performed using your wallet, and at all times bear the risk of loss.

Susumi cannot transfer digital assets from your wallet unless you or a third party request or have direct access to your account or wallet private key through the service. Susumi is not responsible for the acts or omissions of such third parties. Controlling these keys will allow these third parties to transfer all your digital assets from Susumi Wallet, which you may never get back

SUSU Token Utility
SUSU tokens grant their holders access to the Susumi crowdfunding smart contract.

Susu Foundation participants are identified and tracked through their platform wallet in the Susumi app.

The Susumi crowdfunding application helps smart contracts regulate and control the access and usage of Susumi perpetual funds.

This ensures that Susu participants who benefit will also contribute to the system.

The application user interface is designed to be simple to use and easy to understand. The processes required to successfully initiate and complete a transaction are minimized.

Fundraising with $SUSU tokens is a solution to financial challenges targeted users are trying to solve using different online and offline methods.

Therefore, Token has utility, usually for very ordinary people without high technical skills.

Unlike other cryptocurrencies, SUSU does not rely on price speculation to increase its value.

Due to the unique distribution model governed by smart contracts, the price of tokens is determined by user usage or demand for tokens.

Therefore, the more funds users raise, the more valuable the token becomes.

Road Map: Phase 1