Translators (hajime, kazu, HALO)
(http://twitter.com/3284_hajime)
(http://twitter.com/nishinokazu)
(http://twitter.com/subjayc)

Hello! This is Yusui (@hirochang).

ETF start time seems to be out of control, but online banking seems to be proceeding smoothly.

I'm worried about ETF start time when Mr.Ricardo mention it, hahaha.

=== Contents =========

1. About STEP2

2. How to exchange ADK for ADK-ETF

3. About online banking

3.1. Potential customers and fees

3.2. Interest of online banking

3.3. Online banking and regulations

4. Extra: PR strategy

4.1. With WazitoFC

4.2. With CNBC

4.3. With the Stadium

===================

1. About STEP2

https://t.me/aidos_kuneen/115326

[Ricardo]
We are working to shorten address format.

2. How to exchange ADK for ADK-ETF

https://t.me/aidos_kuneen/115637

[Ricardo]
We are looking into the option of people being able to sell their regular ADK to Badoer group ADK ETF and get ADK ETF back.
But is really not a problem as people that want to own ADK ETF can sell their regular ADK and then buy adk etf using registered trading agents so no need to use badoer group.

3. About online banking

https://t.me/aidos_kuneen/114982

[Ricardo]
All we need now is to make haste and finish the online banking to ride this uptrend and get this into next gear.
We can get ADK / EUR pair with our own bank and stop caring much about BTC pair.

3.1. Potential clients and fees

[Questioner]
If offshore bank open, how much investment amount in adk offshore do you expect?
https://t.me/aidos_kuneen/115102

[Ricardo]
We expect 50,000 offshore clients in the first 6 months, and 300 USD each clients. So in total 15M USD.

That is just the direct injected money but then you will have the fact that price of ADK will go up since people will once again see we deliver.

Full working bank will bring a lot of new interest to ADK.

[Questioner]
Thanks :) The all of money will be injected through Aidos market?
https://t.me/aidos_kuneen/115109

[Ricardo]
The money will be invested into ADK via aidos market.

[Yusui]
I love it! ! !

※ The schedule is undecided, but I hope it will not change. I think that the market where an account opening agency buys ADK is aidos market.

======☆Point=========
I think that the cryptocurrency exchange which has trouble to open bank account is also a potential customer.
https://t.me/aidos_kuneen/115336

=====================
[Questioner]
Why are you asking ADK for the fee?
https://t.me/aidos_kuneen/115461

[Ricardo]
The reason for account opening with ADK is to make it simple for people that do not have debit card or bank account to be able to pay the fee.

Please understand there is no anonymity in our bank account openings!
We will need passport copy and proof address as KYC.

[Yusui]
This is because the viewpoint that "ADK bank want to provide a bank account to a person who does not have a bank account".
For example, Indian freelance people and others who can’t open bank accounts.

[Questioner]
Why do you use an agent when opening an account?

[Ricardo]
First of all, I want people who do not know about cryptocurrency to become customers.
Second, I do not want to increase the burden on sumac due to human resource problems.

3.2. Interest of online banking

https://t.me/aidos_kuneen/115153

[Ricardo]
ADK will be used or paid for the account opening. 300 USD worth and yes there is big demand.

ADK will be used by crypto users to get fiat into their bank accounts in our bank.

Bank itself will attract more users and therefore get more account opening fees by offering very good returns on Savings accounts. 10% for locking or 12 months. we will also offer 3 months option as well.

In the past, he said that online banking will have a function like an exchange which enables people to exchange cryptocurrency and legal currency freely for online banking.

[Questiner]
I can get 10% interest.
It's too good to be anxious, is it okay? Does it fail?

[Ricardo]
The interest rate is something we will offer via our bank and we know for sure it will bring a lot of new clients to our bank.
First of all, loan rates in kenya is around 12-27 %.
Also there are short term loans like salary loan offered to doctors, teachers, police that are like 8% on time fee.

My idea is to use this to offer good return for people / offshore clients.

=======☆Point=======
· The online bank loan “Local person”

· The online bank owe to “Person who deposits in online banking = offshore clients”

The online bank will lend with higher interest, and owe with lower interest.

I think that it is an idea like arbitrages.

For example, I think that if you owe money with 10% interest and lend it with 15% interest, you will not go bankrupt.

*I think that it is a exchange risk because Kenyan Shilling and Euro two currencies come out.

☆Reference
https://t.me/aidos_kuneen/115264

3.3. Online banking and regulations

[Questioner]
You say that you’ll offer online banking, will not it arouse anger of America (SEC) ??

[Ricardo]
https://t.me/aidos_kuneen/115373
Remember, we have fully licensed banks and are fully regulated.
So I do not see why we would be in trouble with american SEC.
Only issue we might have is when Accepting American citizens but we have agreed to follow FACTA rules so USA should be happy.

[Yusui]
Hmmmm, I’m afraid that he mistyped FATCA for FACTA.

☆Foreign Account Tax Compliance Act
https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act

[Ricardo]
https://t.me/aidos_kuneen/115377
Let me say that SEC has nothing to do with banking itself.

It handles Stock exchange, securities ( electronic )
If we would do business on USA soil SEC would be the one regulating our bank or exchange.

But as I pointed out we have the know how to handle USA clients without making good old US of A angry.

4. Extra: PR strategy

4.1. With WazitoFC

[Ricardo]
We will sell Wazito's jersey and smartwatch for a set of $20 in Kenya.
ADK will be attached to all goods of Wazito too.
By slowly but working on ADK's branding and awareness raising through WazitoFC.

4.2. With CNBC

I got offer about the interview, but will refuse it if the topic is about Bitcoin or Etherium. If the topics are about ADK, banks, football team, welcome.