LEOCoin is a digital currency that claims to be a revolutionary solution for businesses that are looking to motivate their employees and increase their profits. As a journalist who’s investigating the legitimacy of this new cryptocurrency, I’ve visited the headquarters of Leocode, the company behind LEOCoin.
Is LEOCoin just another worthless coin? Why does the owner call it a revolutionary solution? I visited Leocode, and I already knew the truth. When I heard about the next revolutions, only one word kept ringing in my head: scam. I quickly created a new identity: The owner of a tech company from Botswana. Difficult to verify, and at the same time, a potential customer. Bull’s-eye. It worked.
Straight into the lion’s den
Leocode. The lion on the building tells me I’m in the right place. 5 minutes to the meeting. I’m going in. Of course, I have a briefcase and a laptop with me. I prepared myself well so that they wouldn’t get suspicious. I sit in the conference room. Everything is minimalist and modern. We’ll see if it’s just appearances.
It starts normally. I am talking about my equally modern and revolutionary technology company in Botswana. They are impressed – so am I. But I’m getting to the point. I want to strengthen the loyalty of my employees and introduce non-standard employee benefits. A friend told me about the amazing “Treasury” project. And I want it.
The “Treasury” project – a modern bonus system
Let’s start with the basics. I want to know what the solution is. You may find it hard to believe, but… the Treasury project is a great way to show appreciation for the hard work and dedication of our employees. By setting aside a portion of profits each year to be distributed as bonuses, Leocode can motivate and incentivize workers to continue striving for excellence.
Red Flags: Does LEOCoin Work?
The first red flag. LEOCoin enables the company to grow by paying bonuses to employees. Impossible, right?
The second red flag. That’s where I’d end a date, but this is a business meeting… I don’t believe that employees are certainly happy to accept imaginary LEOCoins instead of cash.
The third red flag. When deciding to introduce LEOCoins, do I lose control over the implemented bonus system?
Red flags turn green
It turns out that Leocode transfers power to its employees thanks to the “Vault”. We all know that power works like a magnet. An employee who joins the Vault is given the opportunity to decide who will receive a bonus in a given month.
Tokens, which are awarded as part of the commitment to the company, build a sense of community among employees, as they all strive for a common goal, which is to increase the value of the company.
Each employee decides for themself whether they want to join the project. An additional motivator is the fact that the earlier you join the project, the more you can earn.
As an owner, I don’t lose control. Rewarded workers can convert tokens strictly after transfer into cash. All of these terms are gathered in one place – the terms and conditions. The document has been individually suited to the needs and expectations of the board and workers and meets the legal requirements.
Is virtual currency a real risk?
Hearing “cryptocurrency”, I see many risks. Leocode replies: Are you sure about that? The Treasury project is strictly related to the company’s profits. After finishing each financial year, the board decides how much of the year’s profits will be put in the treasure pocket intended for the worker’s bonuses. What’s more? It contributes to the increase in the value of LEOCoin.
The Treasury’s value is expressed in amounts, and every year, the value of the treasure pocket is getting higher as part of the company’s development. Every awarded worker becomes part of the Treasury project and collects the tokens in the Metamask Wallet.
Leocode found the Holy Grail?
I spent many hours talking to Leocode, looking for an answer to the question: is LEOCoin the holy grail? Imagine that… The LEOCoin is an innovative type of token that offers many benefits to the company and its employees. Being emitted on the Polygon chain means that it is reliable, secure, and can handle large volumes of transactions quickly and efficiently. The fact that the tokens can be converted into cash also makes them a valuable asset for employees, who can use them to supplement their income or invest in other opportunities.
The regular updates to the token’s value based on the company’s profits ensure that it remains a fair and accurate reflection of the company’s success.
Can I trust you? Treasury Management
Effective treasury management is crucial for the success of the project and the company as a whole. It is the responsibility of the owner and administrators to ensure that the rules and regulations of the project are followed and that workers understand their rights and responsibilities.
Clear communication and transparency are key to maintaining trust and accountability among all parties involved. By working together, Leocode can ensure that the project is run smoothly and that all workers receive the recognition and rewards they deserve.
Am I ready for a powerful tool?
The “LEOCoin” panel is a powerful tool that enables the company’s owners and administrators to manage the tokens effectively and efficiently. With features designed specifically for their needs, they can easily track the value of the tokens and make decisions about how to distribute them among workers. The panel also allows for easy communication and collaboration between different departments and teams, helping to streamline the process and ensure that everyone is on the same page.
In summary, the main functions of LEOCoin:
- has the ability to freeze tokens,
- sets the accumulator address for token collection,
- adds tokens within the set limit,
- burns tokens,
- adds a new administrator using their wallet address,
- transfers coins between accounts.
- has the ability to change the emission limit,
- adds a new administrator using their wallet address,
- allows administrators to run the “coin transfer” function.
Mission successfully completed
Overall, the Treasury project and the LEOCoin offer a unique and innovative way for a company to reward employees and incentivize them to work towards a common goal. Effective treasury management is crucial for the success of the project, and the LEOCoin panel provides a powerful tool for owners and administrators to manage the tokens efficiently and effectively.
By maintaining clear communication and transparency, Leocode can ensure that the project is run smoothly and all workers receive the recognition and rewards they deserve. With the right tools and resources in place, the Treasury project can be a great success and benefit everyone involved!
If you want to talk to us about your idea, let’s arrange a virtual coffee!