The COWRIE and Virtual Nation Builders in the media

Schindlers Attorneys Pioneer Cryptocurrency Adoption in South Africa with COWRIE Payment Acceptance

SchindlersAttorneys Pioneer Cryptocurrency Adoption in South Africa with COWRIE Payment Acceptance

Revolutionary South African COWRIE re-invents crypto currency

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Revolutionary South African COWRIE re-invents crypto currency

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Crypto for good: Newly launched COWRIE to uplift South African communities and charities

Crypto for good: Newly launched COWRIE to uplift South African communities

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Interview with Schindlers Attorneys explaining the COWRIE and the 100% Money Back Guarantee

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The Targeted Airstrike Gifting Model

The Current System

In the case of a National Disaster, like the water shortages in the Eastern Cape in South Africa this is how the current system works – the citizens of South Africa pay tax which we pay to the government. Before the government can filter the money to the Department of Public Works there is red tape which causes delays and corruption; and before the Department of Public Works can pay contractors, there is even more red tape, with even more delays and even more scope for corruption. The result being that the money from the taxpayers has dwindled to such an extent that there is limited budget to pay for contractors because of the corruption and the costs of the middleman.

Enter the COWRIE Targeted Airstrike Gifting Model.

In the case of the same National Disaster, a water shortage in the Eastern Cape, there is no tax. What happens is that anyone (including philanthropists, companies or anyone else) can go to www.mycowrie.org and can scan the QR Code of the cause you want to support or click on the button supporting the cause you want to support and click BUY COWRIE.

COWRIE is automatically dropped into the wallets of the community in the Eastern Cape. The community in the Eastern Cape use the COWRIE app to find community contractors and pay the contractors directly thereby immediately stimulating the local economy; and not only COWRIE can be dropped, local supermarket water vouchers can also be dropped.

The way the COWRIE protects the local community is we offer a Stay Safe Protection Program which provides a full refund on your purchase until 24 September 2025 on all COWRIE purchased during the VIP Sales Offering.

The way we accomplish this is by establishing an Escrow for the VIP Sales Offering which is managed by Schindlers Attorneys and regulated in terms of an Escrow Agreement.

COWRIE holders can get refunded for purchases made during the COWRIE VIP Sale Offering at any time from 24 September 2022 until Mandela Day 2049 at the VIP Sale price less any transaction fees.

The Stay Safe Protection Program is in place for this time and for so long as the COWRIE is locked. Once a COWRIE holder transacts on an exchange or uses the COWRIE for purchases, the Stay Safe Protection Program falls away.

The VIP Sale Offering is only available to South Africas with a valid ID and is not available to institutional investors.

The VIP Launch Price starts at 60 cents per COWRIE, the minimum buy-in is R18 and the maximum buy-in is R15 000.

The VIP Sale Offering begins on Nelson Mandela Day every year and ends when the limited VIP Sales COWRIE are sold out.

What is Escrow?

Escrow is simply a legal arrangement whereby a trusted third party is appointed to manage a transaction agreement on behalf of and between two parties. The third party receives, holds and distributes the funds in a way that strictly honours the guarantee agreement.

What this means for COWRIE therefore is that when you purchase COWRIE tokens in the launch sale, your money will not go to any person but rather it will be directed to and held in an escrow trust account managed by Schindlers Attorneys. Schindlers Attorneys will standby to pay your money back should you call on the money-back guarantee at any point provided you have not sold your COWRIE tokens already.

To call on the money-back guarantee, simply select the option on your phone and then Schindlers Attorneys will enact the guarantee.

Is crypto safe?

Crypto technology is secure, safe and incorruptible, unfortunately, what makes crypto “unsafe” has nothing to do with the technology itself, but rather has everything to do with the type of organisations involved, and the purchase protection measures implemented to safeguard people as they buy into a crypto project.

It is for this reason that Schindlers Attorneys were appointed by the King of the AmaNdebele nation so as to provide a purchase protection measure by way of holding the proceeds in the Schindlers Attorneys Escrow, thus enabling the money-back guarantee. This means that even if the price of your COWRIE tokens goes well below your original purchase price, you would be able to still receive your initial money back and be safe from loss. It is because of this kind of purchase protection measure, through Schindlers Attorneys, that the COWRIE crypto project can be regarded as “safe”.