What is Passport
Passport is the token you need to have for every transaction in Bitregion, either to upgrade class, or to Provide Help or to Get Help. You can also use passport to upgrade or PH on behalf of your network members.
Each Passport is valued at 0.05 BTC, you can purchase it under Purchase Passport section. Moreover, this serves as sustainability of the system.
passport key is the main reason why Bitregion is sustainable…as simple it is being use to the following:
1. SYSTEM development
2. payment for bonuses of leaders who have network structure
3. reserve fund for Get Help in our COMMUNITY
4. payment for admin and staff who are doing back up support for bitregion SYSTEM maintenance.
How BitRegion is sustainable?
We are using a Passport, it is a token that is needed to have for every transaction in Bitregion, either to upgrade class, or to Provide Help or to Get Help. Worth 0.05btc each.
We have 67,820 active members
And bought a passport,
67820 x 0.05 = 3,391btc in just passport sales.
Since the SYSTEM set limit of withdrawal into 30btc per month per account there are still enough fund for GH here. We still talking about passport not included PH on the line in Region Bank plus have give back assistance half of it when upgrading account starting permanent level.
Note: BitRegion doesnt take any deposit from any participants. Simply community platform.