Pinkoin Review (2020) And Why You Should Join [Full Details]

Hi guys,

Welcome to GistOnlinesNg!! A blog with a deference. Well today I will be telling you what pinkoin is all about and why you should not miss this golden opportunity.

Well, This token and its blockchain have been making headlines lately and guess you are here to find out all about it.

In this review, I satisfied your curiosity by putting together all the facts about Pinkoin and Inksnation in one place.

Now let's get started!!

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What is Inksnation?

👉 Inksnation is the world’s first charitable trust that exists as a Decentralized Autonomous Organization(DAO).

It has its CEO as Amos Sewanu Omotade-Sparks who is also known as the UDI(Universal Daddy Ink).

The headquarters is located in Nigeria at 19 Posukoh Quarters off Joseph Dosu Way, Badagry, Lagos State.

There are also mailing addresses in Canada, the UK, and the USA listed on its site.

As shown on its site, iBSmartify began operating the Inksnation website in November 2018. It is also registered with the CAC of Nigeria.

Inksnation states that its project can eradicate poverty in any country in less than 9 months.

It intends to achieve this with its own blockchain called InksLedger(formerly iBLedger).

InkLedger functions not like the conventional blockchains.

Now I know that another question that might be running through your mind is What is Pinkoin?..

Just keep cool, before then let me highlight you on what Cyptocurrency is

👉 A Cyptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Example of these Crypto Currencies are *Bitcoin - BTC, Ethereum - ETH, Pinkoin - PNK, Ripple - XRP, Cardano - ADA, Stellar - XLM, Litecoins - LTC,* etc.

Back to our Pop up Question.

What then is Pinkoin?

Pinkoin is a cryptocurrency

Pinkoin is the brainchild of Inksnation. It is the native coin of the InksLedger.

It being a native coin simply means that it will be used to make whatever payment that is to be made on InksLedger.

This is the same as in the case of Ethereum where Ether is used and that of NEO where Gas is used.

According to the team at Inksnation, this native reserve coin will pay everyone on earth (including babies born every day) salary for life.

It is proposing a minimum of 4,000NGN daily and 120,000NGN will be paid monthly for life as UCBI (Universal Child Basic Income).

The Pinkoin has a total supply of 144,000,000 coins and uses the ticker – PKN.

The coin is set to launch on 12th August 2020 thus bringing its crowdsale to an end.

The price of 1PKN is $4,977.7389(as of 28th July 2020), a total reserve cap of $702,272,000,000, and an average net worth of $800,000.

No exchange has indicated support for Pinkoin yet. Thus, PKN can only be acquired from the Inksnation site.


Is Inksnation an investment organization ?

Inksnation is not and investment company. Rather a digital community that is established to use the power of blockchain to create a digital money known as Pinkoin that will be used globally as a mean of exchange of goods and services and for settlement of debts just like fiat money (i.e. paper money).

As the creator of Pinkoin, Inksnation is giving every member of it's community a grant of, at least, N2.5 million and, at least, N120,000 (in Pinkoin) as Universal Child Basic Income on monthly basis for life. This gesture is to eradicate poverty totally among its registered members all the world.

What will I be doing to earn earn the continuous Universal Child Basic Income (UCBI) of Inksnation ?

Absolutely nothing other than just register, be a Living Node, print out your Pinkard and keep your details save till when the usage of Pinkoin and conversion of it through withdrawal will start by 12th August 2020. That is when the usage of Pinkoin will officially commence.

However, if you want to be a Pinkard Agent and participate in Inksnation Referral Program to get others to join inksnation, (or become a Pinkoin exchanger) you will activate your Pinkard and you will be funded with N140,000 (in Pinkoin) to enable you collect cash from incoming members and activate their chosen membership plan. Please note that once you have exhausted the N140,000 given to you, you must remit N20,000 back to Inksnation and keep the remaining N120,000 as your commission. The N120,000 you are allowed to keep will help you to be an exchanger when the usage of the Pinkoin starts.


Why do I need to pay since they want to eradicate Poverty?
You are not paying to invest but to show your willingness to become a member of the digital community and to adopt Pinkoin as money (or legal tender) for this digital age. contribute a token to show your adoption of the Pinkoin. Besides, It takes money to produce money. The money you pay to Pinkard Agent to join Inksnation is nothing compared to the money that will be given to you for life as a member of Inksnation

• 👉Will I enjoy membership benefits if I do no refer people to join?

Definitely YES. This is a poverty eradicating program and not a network marketing program.


Can I upgrade to a higher plan later?

Absolutely you can. In fact, the only approved means to acquire more Pinkoin Reserve is to upgrade to higher membership package. Members may not be trading coins in Inksnation like other digital currency such as Bitcoin, eCoin, Libra, Gram, TBC, etc. But use it among themselves for payment of goods and services and for settlement of debts through peer2peer.

• Can I have more than one account ?

No, you can not.

One account is permitted per member. If you register more than one account and are caught, you will lose your membership and all the accounts you opened (with all the Pinkoin in them) immediately. What you are allowed to do is to register your family members and friends (children and adults) and bring more money into your family.

How do they want to reach at least 180 million Nigerians to enact the reserve calculated funds?

The journey of 1,000 miles begins with a step. We have started and through the members who have volunteered to share the good news with others all over the world and serve as Pinkard Agents/Pinkoin Exchanger we shall get there. We are also doing some aggressive marketing at the grassroots as we speak. We are also making good use of social media and print and electronic media. After all, Facebook did not get 2 million active users in one day.

Is it a must I print my pinkard now?

Every member is advised to print out his/her Pinkard and keep it safe before the usage of Pinkoin will start.

But DO NOT ACTIVATE the card if you do not want to participate in the humanitarian service as a Pinkard Agent/Pinkoin Exchanger. If you activate the Pinkard now, the card will be credited with N140,000 for you to use in activating members (within ONE MONTH) and return N20,000 back to Inksnation. Activation of Pinkard now is strictly meant for those who are capable of referring people to Inksnation and those who want to work with us as Pinkoin Exchanger.

How do we withdraw our money when the time comes?

Before the usage of our money begins, Inksnation would have appointed Pinkoin Exchangers all over the world. They may be individual corporate entities or Banks. All you have to do is visit the Agent locations and make withdrawals by transferring your Pinkoin to the Exchangers. You may also link your bank account with your Inksnation account with the use of Inksnation App for transfer and withdrawal purposes.

WHAT IS A PINKARD ?
Pinkard is a card that stores a digital money called Pinkoin. 1 Pinkoin today is in excess of $1,000. So, to have access to Pinkoin without spending too much money, you have to be a registered member of Inksnation.

Log in to:

https://inksnation.io for further details about INKSNATION and its digital money called PINKOIN.

Does Inksnation hold meetings with Members?

Yes we do hold

Nationwide meetings online on Tuesdays, Thursdays and Saturdays starting from 7:00pm prompt. That is why all members need to join Inksnation official group on telegram and States Chapters WhatsApp group.

How do I pay to activate the membership of my families and I?

Sign up at Inksnation.io and message the admin to activate your accounts for you and others you may later want to involve.

Note: if you have any question, drop it on the comment box! 

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