Loci digital assets are backed by the systemic role of the Loci Network and its sponsor Connect Financial, and the value held by the network in global currencies, crypto-assets, and long-lived real estate.
The R0.3 Loci Pocket enables users to mint digital assets either by electronic bank transfer or Bitcoin transfer to a Loci Network address. The network offer local banking services in the United States, Mexico, the Eurozone, and select countries in South America.
Sign up making sure to cite your referral source by including their @Lociaddress. After confirming your email address, then complete profile including a photo government ID like a passport or drivers license. Once your profile is complete, you may mint your first Loci by electronic bank transfer or by sending Bitcoin to a Loci Network address.
Users enter the GetLoci license agreement as described in the Term of Use. License fees, when they take effect sometime during 2019, will vary by user type, feature set and volume tier. GetLoci's progressive fee structure will enable most individuals to use the Loci Network and pay no transaction or licenses fees at all.
No. Loci digital assets are utilized exclusively in the Loci Network, a cloud-hosted services network, as a unifying medium of exchange and digital store of value utilized exclusively by network peers globally.
Loci digital assets are minted at the sole election of network users. Users control the supply of digital assets in circulation, not a crypto-asset administrator nor a blockchain protocol and its participating nodes.