Derick consultant for FINTOCH

Introduction

Derek introduces himself and explains that he will be discussing the fintech company, FinTouch.

• Derek is from Johor Bahru, Malaysia.

• He will explain how the FinTouch system works.

• Later on, a top leader from Singapore will show how the app functions.

Understanding Cryptocurrency

Derek discusses cryptocurrency and compares it to traditional banking.

• Derek asks how many people know about or have invested in cryptocurrency.

• He compares traditional banking to cryptocurrency by explaining how banks make money through saving and lending.

• He mentions that FinTouch is similar to a bank but focuses on lending money for investing in cryptocurrency.

How Banks Make Money

Derek explains how banks make money through saving and lending.

• Banks make money through different percentages of savings and lending rates.

• Lawyers are involved in signing contracts between banks and borrowers to ensure repayment.

• If borrowers fail to repay their loans, they can be sued or declared bankrupt.

Introduction to FinTouch

Derek introduces FinTouch as an American company that focuses on lending money for investing in cryptocurrency.

• FinTouch has 33% shareholder by Morgan Stanley and 37% by Morgan Stanley Diaz. The remaining 30% is available for investors.

• Technology is changing rapidly, and FinTouch aims to provide a platform for experts or corporations who want to invest in cryptocurrency.

How FinTouch Works

Derek explains how FinTouch works by providing loans for those who want to invest in cryptocurrency.

• There are two conditions: borrowers must have a deposit with a minimum of $20 USD, and they can borrow up to five times their deposit amount at 2.5% per day.

• Borrowers must be experts or corporations who know how to trade cryptocurrency and can make a profit of 10% to 50% per day.

• FinTouch provides a facility that allows borrowers to borrow money before they learn from FinTouch.

Investment Opportunities

In this section, the speaker discusses investment opportunities for investors who like to play longer hours.

Types of Interest Rates

• There are seven-day interest rates available for investors who like to play longer hours.

• The minimum interest rate is two percent per day.

• The maximum or minimum contract is seven days.

Smart Contracts in Crypto

• Smart contracts cannot be changed or altered and are detected by a certain body.

• It is not advisable to borrow money through smart contracts if you do not know how to invest in crypto.

Saving Money

In this section, the speaker talks about saving money and how Fintech can help with that.

Traditional Savings Methods

• Putting your money under the pillow yields zero interest and poses risks such as theft.

• Putting your money in a bank account earns interest but at a lower rate compared to Fintech.

Fintech Savings Method

• Fintech offers one percent per day on savings, which may seem high but is derived from the difference between lending and borrowing percentages.

• Withdrawals can be made every day with a five percent withdrawal fee charged by the company.

Making Money with FinTech

In this section, the speaker explains how FinTech makes money.

Earning from Borrowers' Interests

• FinTech earns from borrowers' interests, which are different from savers' interests.

• Borrowers' interests range from one to 1.5 percent per day.

Earning from Withdrawal Fees

• A five percent withdrawal fee is charged by FinTech for withdrawals made by users.

Conclusion

In this section, the speaker concludes the discussion.

Individual Contracts

• Each borrower and saver has an individual contract with FinTech.

• The company earns from the difference between lending and borrowing percentages as well as withdrawal fees.

Introduction to the Investment Opportunity

In this section, the speaker introduces an investment opportunity that offers a 1.5% compounding interest rate per block.

Investment Opportunity Details

• The investment opportunity offers a 1.5% compounding interest rate per block.

• If funds are withdrawn before the end of a block, no further interest will be earned.

• After seven days, investors can choose to withdraw their funds or keep them in for another block and earn an additional 1% interest.

Safety of the Investment Opportunity

In this section, the speaker addresses concerns about the safety of investing in the opportunity and explains how it is linked to third-party apps.

Third-Party App Integration

• The investment opportunity is linked to third-party apps such as Metamask, Key People Care, Hobby, and By Nest.

• Funds can be withdrawn from these third-party apps if needed.

• Fintech does not hold any money proof and only facilitates transactions between borrowers and lenders.

Understanding Market Demand

In this section, the speaker uses Grab as an example to explain how market demand affects supply and profitability.

Grab Example

• The speaker uses Grab as an example of how market demand affects supply and profitability.

• When there are more passengers than drivers available, drivers can charge higher prices due to increased demand.

• Similarly, when there are more borrowers than lenders available on Fintech's platform, lenders can charge higher interest rates due to increased demand.

Bonuses for Investors

In this section, the speaker explains two bonuses available for investors who introduce others to the investment opportunity.

Introducer Bonus

• Investors who introduce others to the investment opportunity can earn a 15% reward on their direct sponsor's investment.

• The reward is calculated based on the amount invested by the direct sponsor and is paid out daily.

Motivation for Investing

In this section, the speaker explains why many people are motivated to invest in the opportunity.

Economic Climate

• Many people are motivated to invest in the opportunity due to a poor economic climate.

• Traditional investments such as opening a restaurant or investing in stocks carry high risks.

• Fintech's investment opportunity offers a lower risk alternative with potentially higher returns.

Understanding the Fintouch Compensation Plan

In this section, the speaker introduces the Fintouch compensation plan and explains how it works.

Introduction to the Compensation Plan

• The speaker explains that even with a 0.15% success rate, there is still profit to be made.

• The speaker explains that introducing two people can result in making $25 per day.

• The listener agrees that this sounds good.

Levels of Achievement

• The speaker explains that X will get 15%.

• The speaker explains that there are only two levels: level one and level two.

• The speaker advises against aiming for infinity and emphasizes the importance of taking care of two key people.

Level One: GM

• The speaker recommends keeping 5% for oneself and introducing as many accounts as possible.

• To become a GM, one must have five direct sponsors and achieve $50,000 in group sales.

• A GM is awarded 20%, which amounts to $100 per day or $3,000 per month.

Level Two: VP

• To become a VP, one must promote two GM's and achieve $100,000 in group sales.

• A VP is awarded 30%, but this amount must be shared with the two key people (GM's).

• This results in earning up to $300 per day or $9,000 per month.

Level Three: SVP

• To become an SVP, one must promote two VP's and achieve $500,000 in group sales.

• An SVP is awarded 40%, but this amount must be shared with the two key people (VP's).

• This results in earning up to $2,005 per day or $60,150 per month.

Level Four: ED

• To become an ED, one must promote two SVP's.

• The speaker does not provide further details on compensation for this level.

Earning Potential

In this section, the speaker discusses the earning potential of members in the company.

Earning Potential

• Members can earn between 2,000 to 15,000 per day.

• The amount earned is based on effort put in rather than capital invested.

• MD position holders can earn up to 6 million in sales and receive a reward of 60%.

• MD Plus position holders are eligible for a global sales profit net profit of 10% shared equally by order MD Plus.

Company Profit Sharing

In this section, the speaker explains how the company shares its profits with members.

Profit Sharing

• The maximum commission rate is 60%, and the company retains 25% of profits.

• MD Plus position holders who are not part of your group can share equally if they have more than 20 over MD Plus.

• Members can earn from a pool that is created from leftover percentages after commissions are paid out.

Company Growth and Future Plans

In this section, the speaker talks about the growth of the company and future plans.

Company Growth and Future Plans

• Since July until now, the company has achieved sales exceeding $200 million. If .1% of net profit is shared among members, it amounts to approximately $2000 per day or $6 million per month.

• The company has its own coin called fdh but will not be discussed further at this time.

• The company plans to hold an event in Bali and invite Hollywood movie stars. The funds for the event will come from a 5% V Rover fee and leftover percentages after commissions are paid out.

Investment Options

In this section, the speaker discusses investment options available to members.

Investment Options

• Members can invest a minimum of $100 per active account and up to $1 million if they have the funds.

• There is no limit on how much one can invest as long as there is demand.

Supply and Demand

In this section, the speaker explains how supply and demand affects investments.

Supply and Demand

• Investments are based on supply and demand, just like any other market. If demand is high but supply is low, prices increase.

• Currently, those who want to borrow have a different rate than those who want to save. There is still plenty of room for growth in both areas.

Introduction

In this section, the speaker talks about the pronunciation of "Fintech" and how people are curious about it. He also mentions that technology is moving very fast and it's hard to change people's minds.

• The speaker talks about how people mispronounce "Fintech" as "Fintos".

• People are curious about Fintech and some believe that banks will start searching for it.

• A bank officer agrees that Fintech is good.

• Technology is moving very fast and it's hard to change people's minds.

Future Technology

In this section, the speaker talks about future technology and how it may affect banking. He mentions that technology may replace human interaction in banking transactions.

• The speaker predicts that in the future, there may not be any human interaction in banking transactions.

• Technology may replace human interaction with a simple button press.

• The speaker asks listeners to ask themselves if they believe in future technology.

• A lot of money has been invested in Fintech.

Instant Withdrawals

In this section, the speaker talks about instant withdrawals and why companies make customers wait for their money. He emphasizes that their platform allows for instant withdrawals without waiting for company auditors.

• Companies make customers wait one day or one week to withdraw money, but there is no reason for this delay.

• Their platform allows for instant withdrawals within seconds.

• There is no need to wait for company auditors to approve withdrawals.

Top Leader from Singapore

In this section, the speaker introduces a top leader from Singapore who will show his actual account on their app.

• The speaker introduces a top leader from Singapore who will demonstrate his actual account on their app.