Introduction to ETPS
WHAT IS ETPS?
The ETPS (Estimated Time Pool-Sharing) system is an online platform where users collaborate with ETPS in a business partnership using digital assets. In this partnership users contribute DNC digital assets as silent-partners, and the ETPS company manages them through engaging business ventures as the working-partner. The nature of ETPS partnership is that two partners combine resources (digital assets) and business skills (asset management) to derive and share profits.
The ETPS platform was founded in 2016 by Golden Serenity Ltd, an offshore company registered in Seychelles. The company operates in collaboration with Dinar Dirham for the initial marketing of ETPS DNC.
WHAT IS DINARCOIN (DNC)?
The digital asset used in ETPS is DinarCoin (DNC). DinarCoin is a digital asset pegged to the value of 4.25 grams of 999.9 karat gold (24k).
WHAT IS THE PURPOSE & OBJECTIVE OF ETPS?
To create and expand the DNC community by creating a profitable business partnership platform.
HOW DOES THE ETPS BUSINESS PARTNERSHIP WORK FROM
THE USER’S PERSPECTIVE?
HOW DOES ETPS GENERATE PROFIT FROM BUSINESS
The ETPS uses three main business ventures to generate profit:
1. Price Spread
DNC is sold to users at a 10% discount price on the ETPS platform. If users wish to sell their DNC back to ETPS, it offers the option to sell at the “we buy price” (20% markdown). This price spread creates a 10% profit margin for ETPS.
2. Crypto Reserve
The crypto reserve consists of two revenue sources:
i). Mining Facilities
ETPS invests in owning and operating a mining machine facility that generates a number of crypto assets. The crypto assets are then used for trading on crypto exchanges and exchanging on the ETPS platform. On the platform, crypto assets are generally sold at a 5-10 percent markup above the market price.
ii). Crypto Trading portfolio
The company manages crypto portfolios for trading on exchanges: buying crypto assets at low rates and selling them at higher rates. This includes day trading, swing trading and investment holding.
3. Physical Gold Minting:
The company purchases raw gold at wholesale cost then resells at market price along with an additional markup cost for the minting of finished physical gold DinarCoin product.
HOW CAN USERS EXCHANGE THEIR DNC DIGITAL ASSETS?
Users can liquidate their digital assets into the following:
1 ) Bitcoin (crypto asset)
2 ) Ethereum (crypto asset)
3 ) physical gold (Dinar gold coin)
4 ) fiat currency
Exchanging To Crypto Assets:
Users liquidate their Bitcoin and Ethereum using the ETPS crypto exchange platform. The crypto exchange is located in the system with a number of different exchangers. Users only need to submit a request and their eWallet address to an exchanger who then verifies and executes the transaction.
Exchanging to Physical Gold (Dinar gold coin):
Users can liquidate their DNC assets to physical dinar gold coin at a 1:1 exchange ratio. Using the ETPS platform, users simply submit their DNC to selected exchanger and receive physical gold dinar on the spot at exchanger’s location.
Exchanging to Fiat Currency:
Users can liquidate their DNC assets to fiat currency based on the current global gold price as stated on the ETPS platform. Using the ETPS platform, users can exchange their DNC with other users or sell DNC back to ETPS platform at “we buy” price via exchangers.
WHAT HAPPENS AFTER THE PARTNERSHIP POOL-SHARING
After partnership pool-sharing duration, the contract is terminated and the following options are available to the user:
- take back possession of DNC (send to Blockchain.My wallet)
- renew partnership with ETPS for another 180 days
- exchange DNC to physical gold DinarCoin
- exchange DNC to stored-value (USD)
- exchange DNC to crypto (BTC/ETH)