Page 13 - CBI Magazine_August 2020

CBI MAGAZINE | August 2020
monthly membership fee of UHC 0.75, or an annual membership fee of UHC 7.50.
Kindly note: No commissions are payable on these membership fees. Fees will be used to arrange Annual General Meetings (AGMs) of the Association for its members, and to cover the operational and administrative cost of the Association. The funds collected by the Association will be audited and made public. This also entitles any member to stand for nomination and election to the new board and management structure, at each annual AGM, and further provides and entitles members certain benefits.
2 WEALTH CREATORS
Our brand-new Wealth Creators product will replace the old membership product, which comes with added benefits, education and training. Those that buy this product will not only have more privileges, rights and discounts, but will also gain exclusive access to our new CBI Campus. The major benefits are;
• No Trade Registration fee of 0.5% • Discounts on all products
• Free access to the CBI Virtual
Campus
• Free access to weekly webinars
and training
• Discounted access to all public
events
• Participation in the Commissions
earnings and all the various levels PLEASE NOTE: This product is sold
for a duration of 1-month. In order to have the same benefits, which grow constantly, this product must be renewed monthly.
3 CBI TRADE
In addition to the above, further changes include moving of our Trading from Forex Trading, and also the closure of our accounts with all our brokers, a move that was done between February til July of 2020. All our Trading is taking place on fully fledged Decentralised Finance Platforms (“DeFi”). The move of funds to DeFi, has shown a positive movement in profit margins, since the changes took place.
Advantages & Instant Noticeable Changes:
• No limitations on deposits
• No limitation on withdrawals
• Profits are declared and payable on
Mondays “NO BLUE MONDAY”. This means trading takes place 6daysaweekandnot5daysa week anymore as in the past, which subsequently increases trading opportunities
• It is easier for auditors to confirm that investments are real and traceable
• All funds are traceable on the Blockchain
• More control over trading as human error and emotions are avoided while investment risks are minimised, because of Blockchain automation.
4 FRAXIONS ©
Where the income for Fraxions was based in the past on participation of ICO’s, trading, mining, node participation, etc., all Fraxion Investments are now based on DeFi (Decentralised Finance) participation across various platforms.
Effects of the changes
• As profits can turn into losses on a daily basis, a decision was made to declare profits in future on a weekly, as opposed to daily, basis
• The commissions fee is reduced from 10% to 5% once off. However, a weekly commission, based on the weekly profit declared, will be paid for the duration of the Fraxion period. This will be deducted from the profit and if there is no profit for the week, there will be no commission for that week
• All current Fraxions will also derive and produce commissions on the remaining period of all Fraxions
• The compounding amount still applies, while the weekly amount will incorporate the POOL fund
• All Fraxions, profits and commissions will be declared and released on Fridays.
5 Commission Structures
CBI consulted with experts in the Network Marketing field, who advised us to implement the following commission structures, as
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