By using Electronic Legal Tender (ELT) or digital cash, FORUS customers can transfer their fiat (home currency) based digital money to another person or business.
With the same properties as real cash but now with the ability to trade anywhere, for free... in realtime.
MahalaX is the equity token of The African Wealth Fund. MahalaX has been designed to play a strategic role in local economic development globally.
MahalaX has been allocated across the FORUS ecosystem strategically and enables the appropriate distribution of the equity in the hands of investors and the users of the platform.
MahalaX is the token for universal basic income (UBI)
Africa has an abundant supply of talented, industrious, hardworking people, with millions of hectares of available fertile land. The missing piece has been and remains – CAPITAL.
The African Wealth Fund has been designed to take the first risk on a project and to provide a platform to securitize SMME and micro-agriculture loans at scale.
The African Wealth Fund is investing in businesses operating in the Fintech, Agri-tech, Education, Sharing Economy including Student Housing, Transport Cooperatives and Tourism
Powered by Pellar.
This is just the beginning! As a public utility, FORUS is rolling out globally. In order to do this successfully, FORUS has adopted a franchise model per country, selling country licenses to activate in those particular countries. This capitalises the project… for you.
What do you need to know? Scroll through and have a look.
So this is what a live blockchain looks like, Scroll through and have a look.