While membership is FREE within the TBC community and any gift of Kringle coins are FREE and without obligation, TBC is a private group and use of the TBC wallet does cost a $10 Lifetime Wallet Fee. We are growing very fast as a community and TBC Admin uses these fees to cover the costs of the entire TBC technology and operation. We are not like the other public decentralized market driven coins you see in the marketplace, we are private and centralized and bringing the 1st "Abundance-based" currency into the world, with a mission to End Poverty globally.
The formula begins with a membership agreement. All members of The Billion Coin community agree that this coin will never go down in value; it can only go up in price. This agreement is hinged on a software program that drives the price of TBC up by 1% to 5% daily until it reaches its Ultimate Price.
All of your TBC wallets will be suspended without warning FOREVER if submitted documentation proves that you are attempting to or have broken the Membership Agreement. All buying and selling of TBC coins must be done at the Current Price. Selling TBC coins at a discount is strictly forbidden and punishment will be swift and without notice given. All packages of TBC coins sold adding TBC coins as a gift will also be considered a discounting of the price of TBC and will be punished. Writting a installment contract is the same as discounting the future price of TBC coins. Any activity that creates competition between members on the basis of price is some form of discounting. The foundation of the TBC community is the Membership Agreement and we will not allow anyone to crack it, and have zero tolerance for anyone who attempts to break it.
The formula of the Ultimate Price of The Billion Coin is one Euro multiplied by the total number of Verified Members within the community. For example, if the total number of Verified Members equals 10,000, then the Ultimate Price of The Billion Coin is 10,000 Euros per coin.
We Launched The Billion Coin on March 21, 2016 with the Initial Price of 0.001 Euros per TBC coin.
The Current Price is increased once every 24 hours according to the Formula embedded within the software until it reaches its Ultimate Price. The value of The Billion Coin is not attached to the volatility of the markets; and both Buyers and Sellers of TBC use the Current Price to conduct transactions.
The path the Current Price takes from the Initial Price to the Ultimate Price is determined by a software formula that measures the average daily growth in Verified Members of The Billion Coin community and rewards that growth in kind. From the Day of Launch on 3/21/2016 the Current Price can either follow a 1% to 5% path towards the Ultimate Price and will increase daily by 1% to 5% until it reaches the Ultimate Price. See Chart below on how the Current Price could go for the 1st year as an example of how the Current Price will continue to increase daily on-going: