E-wealth Connect, also known as EWC or eWealth Microfinance Co-operative, is a non-governmental organization (NGO) born out of a desire to alleviate poverty and empower individuals. It is not a money-making business or an ROI platform. There is no central account where funds are remitted. Rather, it is a community-based peer-to-peer (P2P) system where members support each other financially through digital auctions.
Core Values:
- The spirit of giving, care, hospitality, and liberality.
- Feeding, caring for, and empowering the less privileged.
- Transparency, responsibility, and adherence to ethical standards.
- Operations are grounded in Christian values and the fear of God.
Membership Agreement:
- By joining EWC, members pledge to uphold its values.
- Minimum and maximum auction bids are ₦20,000/$20 and ₦500,000/$1000 respectively.
- Activities must comply with legal financial practices; fraudulent actions like money laundering or cybercrime are prohibited.
- The system is decentralized with no CEO or central wallet; money flows directly between participants.
Platform Details:
- Peer-to-peer payment system; EWC is not liable for transactional issues.
- Profits and tokens are remitted directly to members.
- EWC operates with both digital (tokens, crypto academy, real estate) and offline (hydroponic farming) ventures.
- Tokens can be bought/sold using USDT or local currency. Payments go directly to members' bank accounts or wallets.
- A 50% recommitment fee is required before full cash-out to sustain the cycle.
Obligations:
- Every member must introduce at least 10 direct referrals to remain active.
- Dormant accounts (inactive for 4 weeks without bidding) may be deactivated.
- Members who have sold up to ₦50,000,000 must have introduced at least 20 people.
Auction & Token Usage:
- Tokens gain value over time and can be used in auctions or exchanged for currency.
- Token sales should only be confirmed after verifying funds in the bank or blockchain wallet.
- Fake receipts or failure to confirm payments may lead to penalties or deactivation.
Platform Sustainability:
- Community-driven governance and decision-making.
- Transparency and trust are key pillars of the system.
- Members are encouraged to grow the ecosystem through recruitment and participation.
- Plans include the launch of EWC's own coin and expansion into real estate, e-commerce, and modern agriculture.
Risk & Liability:
- Members bear responsibility for their actions.
- Fraud, blackmail, and misrepresentation result in suspension or expulsion.
- EWC is not liable for individual financial losses due to the decentralized nature of the platform.
Final Notes:
- Members must read, understand, and accept the terms and conditions before registration.
- Clicking the acceptance checkbox signifies agreement to abide by these terms.
- EWC is committed to eradicating poverty through a sustainable community-driven model.
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