Futira coin announced their partnership with ICICB (a multinational group of companies operating in 126 countries) and GAABU, (Georgian Arabic African Business Union), in a deal that sees them investing in Futira LTD, both privately, and in the first issuance of the Futira coin.
Proceeds of the sale of Futira coin, are set to be utilized to finance mobile telecommunications networks in under-served countries throughout Africa, and around the equator. These will be built and operated by Inovatian Limited of San Carlos, California. The coin will be the means of holding credit on the mobile network, as users holding credit will not lose money by holding these coins.
If the value of the coin goes up, their fiat credit goes up, however, if the coin goes down, their fiat credit will never fall below their initial fiat investment, acting as a safety net for users.
Following its partnership with Atari, to create the Atari Chain and Atari Token, the ICICB Group is looking to further expand its presence in the cryptocurrency ecosystem announcing the launch of “the fastest blockchain in the world. “ICICB with a vast network of companies and connections will help promote the Futira coin”, said Dr. Mousa Naser Zaki Said Al Bawab, Founder of ICICB Group Investment LLC.
“We are very excited to be working with ICICB on this great project and are excited about the opportunities ICICB will afford us”, said Mr Hani Hebashi, Founder of Futira coin. Futira is acting as a registered bank and therefore obtains information about its users and coin holders, thus preventing using the coin for tax evasion or money laundering. “GAABU under the leadership of Mr Hani Hebashi has been instrumental in bringing us to Georgia and facilitating this deal. We look forward to working with GAABU to enter the African market with our mobile network, said Mr Hani Hebash.
“Georgia has proven to be very open to business and encouraging foreign investment since its incorporation in GAABU”, said Mr Hani Hebashi, Founder of Futira coin.
ICICB Group’s future vision consists in delivering high-quality services and products based on the use of artificial intelligence, blockchain, metaverse while collaborating and funding companies that hold a similar vision for the future: a more sustainable and decentralized one – powered by innovative people and technologies.
Hence, the foundation of utilizing mobile technology, together with Cryptocurrency and blockchain allows for a springboard for the community to achieve more than ever thought possible.
The ICICB group initiates funds and fosters projects in banking, medical equipment, commercial real estate, consulting, luxury items, and many other industries. Their goal is to raise investments and enable partners to attain their full potential.
Moreover, Creating the best for our clients and empowering them to grow and thrive. Through the deployment of technologies and integration of innovative processes that help to formulate a sustainable solution, the ICICB Group is dedicated to delivering added value solutions by integrating new technologies.
GAABU is the Georgian Arabic African Business Union that offers Arabic and African business startups in Georgia access to a vast majority of our value-added services and solutions, valuable market insights, up-to-date information on Georgia business climate, programmers, events, tenders, activities and latest news, in addition to other useful resources.
In addition to that, GAABU offers its member’s legal support, business consulting, financial services, and feasibility studies.
About Futria Ltd LLC
Futira Ltd LLC is a Georgian company incorporated in November 2021 for the purpose of issuing a crypto-exchange and the Futira coin. The proceeds of the Futira Coin will finance the build-up of a telecommunications mobile operator covering the areas that are not covered yet of the world in partnership with Innovation Limited of the USA.
The Futira Coin is the means of paying for services or holding credit on those networks. The Futira Coin helps connect the unconnected.
Disclaimer: This is a paid post and should not be treated as news/advice.