How it Works
SimpleFund is a Virtual Commodity Exchange
New account holders have the opportunity to buy as many ScripBucks at Face Value as they would like, initially there will be 10,000,000 available at 10 USD Face Value, to open their account. The money used to buy the ScripBucks is placed securely in trust, and provides the underlying value for the fund (and the ScripBucks). Users will then have the opportunity to grow their investment in one of two ways, by holding for appreciation or buying and selling with other users in the exchange. To learn how the fund, and your investment, can grow click this link.
How to grow your money, and what does it cost?
The only fee the SimpleFund has is a 1% of Face Value transaction fee, payable by the buyer, of which 90% is added to the fund. This means that when buying a single ScripBuck at a FV of 10 USD, the transaction fee is just 10 cents, with only 1 penny being retained by the Company. That's it.
Since 90% of all transaction fees are returned to the underlying fund, along with 90% of all accrued interest, the fund grows in two ways. That means that the more that ScripBucks are traded, the more valuable they become. Individual accounts are limited to 5% ownership of the available ScripBucks to prevent monopolizing the opportunity.
Users can choose to auction off lots of ScripBucks, called "Cashing Out", or set a user defined price per unit. This gives account holders the option of getting fast cash, or a higher return, all in a much shorter timeframe than in traditional investments. Taxes are also a cinch, with a simple 1099-B form for reporting your income from SimpleFund.
Better than a Bank Security
SimpleFund has all the same security features of the large multinational banks, and adds the benefit of trading a virtual commodity inside a secure exchange. Since ScripBucks are only valuable inside the exchange, and the total number is tightly monitored, there is little risk of theft. All funds are immediately transferred into secure accounts, and are not removed for any reason. You and only you will have control over your ScripBucks value.
Seamless Global Trade in any Currency.
SimpleFund's virtual exchange allows for account holders in any country to buy and sell seamlessly in their own currency, and the experience is smooth and transparent.
Use your ScripBucks Value Anywhere that MasterCard is Accepted!!
Account holders will have the option of using a debit/credit style "swipe" card to pay with their ScripBucks value at millions of merchant locations around the globe. Infinitely more secure and stable than any other virtual currency, and offering the same convenience that you have come to expect from a modern financial service.