VR OKO Virtual Reality Headsets for Adult Video Content

In the past few weeks that I had been active earning online through cryptocurrency-related activities, I have witnessed how the industry has evolved with more and more use cases on how cryptocurrency can be used in growing businesses. Even the sudden jump of Bitcoin price from $6500/BTC to $19,000/BTC and drop again to $6300 has not affected the number of ICOs (initial coin offerings) being introduced or launched daily.

From these ICOs, I participated in some projects. These projects are the ones with available prototype or working products that just needed additional fundings for market expansion. The introduction of cryptocurrency is a bonus factor which will cater to clients that want anonymousity in their purchases.One of these ICOs is that of OKOIN - the first decentralized blockchain-based VR platform for 100 % anonymous adult content distribution. The project combines the blockchain with virtual reality using the VR OKO headset.


VR OKO virtual reality headsets i…

Security Bank Offering Long Term Negotiable Certificate of Deposit (LTNCD)

What are LTNCDs?

LTNCD or Long Term Negotiable Certificate of Deposit is a long-term instrument sold by Security Bank perfect for those looking for a safe investment with high returns and want the flexibility of a negotiable instrument. It is a hybrid bank product touted to be a safe long-term investment It is a hybrid product in a sense that much like a time deposit, it is issued by a bank and is covered by the PDIC. Like a bond, it is negotiable, long-term, and has quarterly interest payments.
Offer Period: October 17-30, 2017
Issue Date: November 8, 2017

 As mandated by the BSP, LTNCDs are to be denominated in Philippines Pesos, have a minimum maturity of 5 years, be scripless in form, and registered with a third party Registry Bank maintaining an Electronic Registry Book.

Breaking down the acronym

Beneath the mouthful (and downright confusing) investment term lies a fairly uncomplicated asset class you could definitely add to your portfolio for diversification. Let’s zoom in on each word.
  • Long-term: maturity date usually comes after 5 years or so. 
  • Negotiable: can be sold in the secondary market, even before maturity date. 
  • Certificate of Deposit: like a Certificate of Deposit (CD), LTNCDs also earn interest, and is a debt instrument. 
  • Deposit: as a bank deposit product, it is insured by the PDIC.

What’s the difference between Time Deposit and LTNCD?
  • A regular time deposit can mature within a month or up to 7 years, is non-transferable while outstanding, and can be pre-terminated (although subject to a penalty fee). LTNCDs take a minimum of five years or more to reach maturity, can be sold to the secondary market at the prevailing market price, and cannot be pre-terminated prior to maturity.

Why invest in LTNCDs?
  • Higher yield/Low risk. Rates on an LTNCD are higher than short term deposits. The yield on the LTNCD is assured if you hold onto it until maturity. As a bank product, LTNCDs are covered by the Philippine Deposit Insurance Corporation on a maximum insurance coverage of up to P500,000 per depositor. 
  • Tax-exempted. Individuals who purchased the LTNCD from the primary market will be tax-exempt, provided that they hold the LTNCD for at least 5 years. 
  • Negotiable. It can be sold to the secondary market even before reaching maturity at the current market price. 
  • Steady cash flow. Investors receive interest payments on a quarterly basis.

 To know more or to apply, visit Security Bank LTNCD


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