What are the guarantees?
The only guarantee applies to your original registration, that if rejected, GMS will provide a full refund of the money you paid for the chosen VIP. The essential underlying cash asset backing the GMS Vault is the cumulative value of the rental fees it receives, plus equity gained. This means the Vault value is what provides the underlying assurances of the equity take-outs. GMS do not use the word guarantee preferring that the 4 year equity take-outs give buyers the confidence that any equity gained on their VIP ICONCOIN allocation is available as an auto redemption. See our Terms and Conditions for early exit buy-back provisions.
What does consolidation mean?
Consolidation is the 12-month period that commences 30-days after an original or consequent VIP allocation has had the rental sum fully paid. When an original VIP is upgraded it becomes a new Type VIP purchase. If any original allocation has been in consolidation the original commencement date ceases, until the upgraded allocation is fully paid and in consolidation. Only then does the 12-month consolidation plus the 36-month qualifying period recommence with a new end date set. Notice: Gains from acquiring additional ICONCOIN outweigh any perceived consolidation time loss. The incentive is to pay-up the rental fee on all ICONCOIN allocation ASAP.
Can ICONCOIN be traded?
The exciting thing about trading the ICONCOIN is that its real value is reflected in the GMS Master Vault account so real time cashable value, not yoyo market values are represented. Because your VIP hires the ICONCOIN, and does not own it, then legally you cannot sell it, however the good news is, the VIP holding the ICONCOIN allocation, provided it is paid up, can take on new ownership for whatever price you can negotiate via an internal AML & CFT secure GMS EXCHANGE transfer function, on request.
Is there a limit on VIPs issued?
The number of VIPs issued will be in accordance with the Types of VIPs purchased. Don’t delay there could be 1.0 million Type1 VIPs or 200,000 Type5 VIPs or any number in between, as demand like all things determines availability. Be savvy don’t delay get your VIP with such an urgency as though your whole economic future depends upon it, because it does and the sooner you realize this, only then will you have a prosperous and safer future.
How secure are ICONCOIN after payment?
All ICONCOIN are held safe within your VIP and is as safe as your Username and Password and your ability to keep your business matters private.