ABOUT

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A.F.M.C Ltd was established in the United Kingdom and operates and manages an investment portfolio in cryptocurrency, under expert guidance and a variety of software platforms. The investors have been able to benefit from our experience and have seen exceptional returns on their investments. Our team’s background in the technology, the gaming and the financial industries has provided us with a very high level of expertiseand this has now led to the creation and the running of the Apiary Fund Coin Network.

The Apiary Fund Coin Network has been established to initially work in partnership with A.F.M.C Ltd to provide an additional form of payment to our members and investors. Should they wish they can now also become a stakeholder of AFC Coin. Their involvement will not only assist in creating a new cryptocurrency on the global market but will also bring them fruitful returns. AFC Coin contract is on the Ethereum platform.

Features

Anti-Centralized

To build a peer-to-peer network that is impervious to malicious attack, traditional blockchain technologies require every node to fully validate all blocks and reject any block that is invalid.

Efficient and Secure

Apiary Fund Coin Network have the potential to create a world in which anyone will be able to easily perform any transaction in a cost-effective manner

Simple Account Management

Unlike other sharding solutions in which a user may need to create multiple accounts in different shards in order to interact with all users/smart contracts in the network

Cross-Chain Transaction

With this design architecture, cross-chain transaction becomes approachable. Since the Apiary Fund Coin Network only maintains one root chain.

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TOKENS

Breakdown of our Token Recipients.

ROADMAP

TEAM MEMBER

Mark Rogers
Founder & Director
Hualem Kanchana
Director & Secretary
Matthew Wilkenson
General manager

DOCUMENTS

White Paper (2020)
Roadmap (2020)
Legal Documents (2020)
Smart Contract (2020)

NEWS

FAQS

What is an ICO?

An initial coin offering (ICO), also known as a digital token sale or crowdsale, is a way of raising funds from the public for the development of a product outside of the traditional Venture Capital (VC) world. Usually products are blockchain-based technologies, but the crowdsale model is increasingly being used for other kinds of projects as well.

Each project creates a new cryptocurrency in the form of tokens, which are then sold to the public to raise funds for project development.

When AFC successfully completes their ICO funding goal, their tokens are distributed to those who bought them and they become tradeable on the cryptocurrency market. When the product itself is then successful, these tokens can potentially become very valuable.

A token is a digital asset that is sold to the public during an ICO campaign, usually for other popular cryptocurrencies, or sometimes directly for fiat currency. Unlike a cryptocurrency, tokens usually do not have their own blockchain, but rather are hosted on another blockchain.

Once an ICO campaign is complete, the token developers can release the tokens on an exchange, where they can be traded and fluctuate in value, like any other cryptocurrency.

Yes it is; however, you should always do proper research on the background of the projects before committing. We are always available to answer any questions you may have.

ICOs are perfectly legal, provided all documentation is in place and proper legal counsel has approved the ICO terms. In most cases, as long as the company or foundation which is conducting the ICO does not misrepresent their coin/token as a financial security, representation of company ownership, and investors follow their local laws of their own country regarding reporting of income, it is perfectly legal for everyone involved.

Risk management plays a huge role in becoming successful. Never invest more than you are willing to lose and never go “all in”. Depending on your risk tolerance, a solid investment amount cannot be determined.

This is a number that will vary and will depend on your investment strategy and how much you have invested. Obviously the more money you put in, the bigger the return however, the riskier it becomes. Time also plays a huge factor when investing in ICOs, you could take out money early or wait it out. These factors will impact your earnings/losses.

A smart-contract is basically just computer code that is executed (calculated) by all the computers in the AFC network. The AFC blockchain gives the code some unique features, such as: unchangeability, distributed, and verifiable state. This unchanging and verifiable state is stored on the blockchain and is accessible by everyone.

The best way to understand how a smartcontract works is by imagining a coffee machine. Each and every step that you take acts like a trigger for the next step to execute itself.

  • I give the coffee machine some money
  • I push the button corresponding to the coffee i want
  • the coffee comes out

The machine delivers the coffee without any human intervention.

In order to fully understand what ICOs are all about, we first need to understand what dapps are. Although it is not difficult to build your own blockchain, it is difficult to maintain its continuity. This is why many developers are currently building dapps that are running on top of the Ethereum Network. This has the advantage that they do not have to maintain their own blockchain in order to operate. Dapps are like apps which you currently find in the Apple or Google play store. But dapps are not hosted by one authority, such as Apple or Google, but hosted and shared across all the computers that are part of the Ethereum blockchain.

Dapps are nothing more than the interface of the smartcontract who is connected to the blockchain. The easiest way to understand this is to imagine how traditional websites work. A traditional website uses HTML, CSS, and javascript to create the interface of a webpage (or app). Behind this webpage is a database, on a central server, where all data is available. Take Facebook for example, the page you see with all your personal details is made in HTML. Your data, such as your age, occupation, music, and movie preferences are all in a database. When you open a specific page, the web page must grab your data from that database. This is done through an API (application programming interface). This program communicates between the web page and the database to get the right information on the right page, like this:

Webpage → API → database

A dapp is similar to a traditional website, the interface uses the same technology to make the page (or dapp). However, the big difference is that the dapp does not contact a central database through an API. The smart contract acts like the API. The smart contract communicates between the dapp and the blockchain, like this:

Dapp → smart contract → blockchain

Dapps are essentially decentralized apps who cannot be censored or shut down by one authority.

You store your tokens in a digital wallet just the same as you would store a cryptocurrency. Which wallets you can use is dependent on which blockchain the tokens are issued on. Most commonly tokens launch on the Ethereum blockchain. This would enable you to use any Ethereum wallet.

The best way to evaluate an ICO is to analyze every single aspect of the project and narrow it down to its precise strategy. Some factors to consider include:

Business model: Identify the strong points and weak links of the business model. Does the company really need an ICO with its own currency? How does the company integrate crypto token with its business model? Can you use the crypto token outside its ecosystem? Enquire from people who understand the technology and discuss these points with them.

Project team: Find out every single detail you can about the development team and the advisory board. Look for ICOs that have teams with proven track record in the crypto-asset and blockchain industry.

Community feedback: ICOs are announced on community forums and the marketing part kicks in afterward. Check the community feedback for the project and how the project team responds to it. Visit, Twitter or Facebook pages of the projects. Be aware of paid reviews or bounty posts that pay participants to spread positive information about the project.

Current product state: ICOs that have a product near completion or halfway down the development track have higher chances. Find out the current project stage and whether the development team is on schedule or not.

Venture Capital involvement: The involvement of a big crypto VC is a positive sign. Find out if the company has VC support or better if they have a VC on board.

Market niche: How intense is the competition in the selected market niche? Research on any previous businesses working in the same industry, and match their fundamentals with what the company is working on.

The first requirement to participate in an ICO event is the ownership of cryptocurrencies. Start by registering an account on a digital currency exchange like Coinbase.com. The next step is to load fiat currency such as USD, in your account, and purchase the desired cryptocurrency. After the purchase, you can store your digital currency in a web wallet or choose a hardware cryptocurrency wallet.

At the time of an ICO, start by carefully understanding the ICO agreement, which includes the details such as target price per coin, timeline, and other rules governing the transaction. Every company recommends specific wallets for the transaction, so go ahead and download the wallet. The norm is for ICO projects to provide a receiving wallet address on the ICO web page that people can send their contributions to. Investors are encouraged to send any amount they are comfortable with provided it corresponds with the price per project token. The project team then delivers the corresponding token amounts to the investor’s wallet. The tokens can be stored on web, mobile, or hardware cryptocurrency wallet.

You can buy AFC tokens through various cryptocurrency exchanges. Before trading on these platforms, be wary of their transaction/withdrawal limits, transaction and conversion fees, history of the exchange, and its reputation. Some of the popular cryptocurrency exchanges and payment methods are listed below:

1. Bitcoin
2. Ethereum
3. Litecoin
4. Dogecoin
5. Paypal
6. Debit card or credit card

Contact Us

  • +44 7723850749,
    +44 7723171316
  • info@afcoin.uk