How does it work Technically?
1. You become a member by registering FREE on our site www.giversforum.com
2. You log into your account known as Personal Office with the login details you registered with.
3. Ask your sponsor to fund your Wallet for you with at least half of the the value of your intending PH in GRC and you pay the amount into his bank account, he will transfer Greycoin into your Wallet if he has, if he does not, he will direct you to another member who has or any licensed GRC merchant. (Note that you can’t do anything on your account until your Wallet is funded with Greycoin).
4. You declare the willingness to donate ("Provide Help"), half of the amount will be deducted from your GRC wallet while you will be matched to pay the other half to list of other participant(s) found on your dashboard. Your Earnings will automatically be rewarded with the same amount you pledged plus 10% of the total PH. This sum shows how much you can request for yourself after a week of making the pledge and paying out to the receiving participant.
All donations you make on this platform entitles you to LOYALTY REWARD OF MEDICAL SUPPORT (5% of your PH), HOUSING SUPPORT (5% of your PH), EDUCATION/LIFESTYLE SUPPORT (5% of your PH) AND CAR SUPPORT (5% of your PH). THESE LOYALTY REWARDS CAN ONLY BE ACCESSED EVERY SIX MONTHS.
When you PH, your wallet is debited, Earnings is credited and starts growing @ 10% a week. It remains red until it’s paid out (matched with a GH), after 7days, it turns green meaning it’s matured to be Ghed.
When you GH, your cashout goes into pending until you PH at least the last amount again as recommitment and then you get matched to be paid by another participant(s).
Please note that the use of the words 10% a week cannot be considered as a yield or interest since the funds were given away in goodwill, we are not earning anything anywhere (we are a mutual-aid fund), it’s purely a reward for taking a risk to help a fellow participant