Rev. November 19, 2018.
SPURT is a platform that provides you with a new way of doing business.
SPURT is your New Digital Money, created to make it easier to make commercial transactions. It can be used to buy or sell, offer services and goods to other SPURT account holders, and to create new opportunities participating with any party accepting SPURT as payment instrument.
SPURT is accepted as a commodity, and the value is guaranteed.
SPURT uses the symbols SPU, SPU+, and MSP, which are the abbreviations of SPURT, SPURT+ and MegaSPURT. SPURT+ can be used to buy Crypto SPU+ under certain conditions
. (More info on Crypto see below.)
SPURT and MegaSPURT is accepted as a commodity, and assets backed.
To protect the value of SPURT, which is 1 SPURT = 1 USD, any amount in SPURT with a value over 2,000,000 SPURT (TWO MILLION SPURT) is, as of today, placed in the Private Facility of MySPURT, called MegaSPURT.
MegaSPURT can be used ONLY INSIDE the system. Any party accepting SPURT for their business need to open an account in MySPURT. It is not tradable on the financial market.
Transactions within MegaSPURT need to be authorized by Admin and contracts are required for amounts above 5 Million. MegaSPURT now has 4 digits behind the dot to be able to do transactions above 1 Million SPURT.
1 MSP = 1 Billion SPURT
0,1 MSP = 100 Million SPURT
0,01 MSP = 10 Million SPURT
0,001 MSP = 1 Million SPURT
0,0001 MSP = 1 Hundred Thousand SPURT
Results of business done with any other party are not the responsibility of MySPURT or New Chances. You will need to follow the rules set up in the contracts you make. MySPURT or New Chances are not responsible for costs you might have to pay upfront to those parties, or the loss of SPURT. Once you decide to sign a contract, you cannot come back to MySPURT or New Chances for cancellation of the contract, because we are not part of the contract.
The value of SPURT is backed by specifically limited assets for the SPURT used in the system. The maximum amount in SPURT in your MySPURT account is 2,000,000 SPURT. You will be able to transfer, assisted by Admin, from your MegaSPURT to your SPURT account if the balance is not enough to transfer what you want to transfer, according to the rules for MegaSPURT..
There are many different types of clients, and all have specific rules. Countries might operate under specific rules.
Clients in Western countries
- Clients buying SPURT.
- Clients earning SPURT by working for or in the community.
- Clients accepting SPURT for products and services in Western countries.
- Clients receiving compensation for Self-Care (Health Care) or Education
- Clients earning SPURT by working for or in the community.
- Clients accepting SPURT for products and services in underdeveloped countries.
, earning SPURT by working for the community can request SPURT+Crypto for 20% of the value of the earned SPURT.
Clients receiving SPURT as compensation for Self-Care or Education can exchange SPURT to SPURT+ to be used to buy SPURT+Crypto or any other exchange possibility, after serious attempts to get the educator to accept SPURT.
Clients in underdeveloped countries
, earning their SPURT can use the SPURT to pay for goods and services.
Businesses in Western and underdeveloped countries, accepting SPURT for goods and services can request SPURT+Crypto for those SPURT to be able to buy new stock, or use any of the other exchange options we offer, and continually will expand on (soon). All exchangers need to be contacted through info @ new-chances. info
SPURT+ is created to be used by our clients in the Western world working for or with the community to make the community better. 20% of the earned SPURT can be used to exchange in any of the exchange possibilities, of which SPURT+Crypto might be the easiest option. 80% in SPURT can be used within the community, in our SPURTSHOP, or be used to pay for debts or a house, things to make your daily life better. (Please save now, until we are ready with the exchange.)
Businesses in underdeveloped countries accepting SPURT for products and services,
can request SPURT+ for their SPURT to buy SPURT+Crypto.
SPUCrypto = SPUCrypto (NEW!! IN THE PROCESS OF BEING LAUNCHED)
There is now the ONE TIME option for existing
MySPURT account holders to exchange your SPURT and MegaSPURT into SPUCrypto. (See Addendum for more specifics.)
SPURT with fiat currency are permitted to buy SPUCrypto.
SPUCrypto is backed by the Blockchain system SPUCrypto, that gives it value.
For people in Western countries, working for the community, there is the opportunity to use your SPURT+ to buy SPURT+ Crypto,
which can be used to buy other currencies, including USD. For businesses
, in underdeveloped countries, SPURT can be used to buy SPURT+Crypto and exchange it, to be able to stock up again.
Value of MegaSPURT, SPURT, and SPURT+
SPURT is a commodity and is backed by assets. MegaSPURT is available in the Private Facility of MySPURT and is backed by assets too.
SPURT+ is a commodity and is backed by assets and can be used to buy SPURT+Crypto backed by the Blockchain system. You can only exchange SPURT for SPURT+ if you supported the community in all its facets.
TRANSFERRING SPURT and MegaSPURT
The value of SPURT in your account cannot exceed 2,000,000 SPURT (remember, higher values are in the Private Facility MegaSPURT). You can freely transfer any amount in SPURT with a value lower than 2,000,000 SPURT to other accounts to do business, spending or use for private use. In case the amount in the account exceeds 2 Million, the balance will be transferred to the Private Facility MegaSPURT on a regular basis. In case the 2 Million are spent, you can request authorization, by Admin, to assist you in transferring from the Private Facility to your SPURT account.
FOUR digits behind the dot make it possible to transfer hundred thousand (0,0001=1 Hundred thousand) to other MegaSPURT account holders for business purposes. Amounts till 5 Million MegaSPURT (MSP) can be transferred within the MegaSPURT system, without showing contracts, authorization required.
Transferring SPURT between SPURT accounts is free of charge. You transfer funds to another account on your own risk. MySPURT cannot transfer funds back to your account in case of breach of contract. There is an option to block funds.
It is not permitted to offer SPURT to others for a much lower value than the real value of SPURT in exchange for other currencies. One SPURT has a value of one USD. Allowing lower value would diminish the value of SPURT. Offering such a deal would lead to freezing your account.
If you want to transfer SPURT for a contract with a term, it would be wise to let your funds be blocked for the benefit of that client on your own account. You could request a Blocked Fund Letter for the person. (Fee required.)
There is a fee required for a blocked fund account. Blocked accounts can only be set up with the assistance of MySPURT Admin.
KNOW YOUR CUSTOMER
Before you can take money out of SPURT and, by doing business, transfer it into the currency of choice, you will have to provide your information to the Cryptocurrency exchangers or the bank, or other options used by New Chances.
While banks offer interest and have SWIFT capabilities, SPURT is neither an exchange house nor a bank. It is a platform bringing people together who wish to do business using SPURT.
The new user must be a person of 18 years or older. Minors must obtain formal permission from a parent or guardian.
MySPURT is only available for referred people. The reason for this is the high standard we set on the use of SPURT.
A referrer has the responsibility to point his people to the Terms & Conditions and to be convinced that the interested person shares the vision of SPURT.
IF YOU DON'T HAVE SOMEONE WHO CAN REFER YOU.
If you do not have someone who referred you, you can contact MySPURT. There will be some personal questions asked. Preferably a certificate of good conduct is presented.
RULES FOR SELLING PRODUCTS TO MYSPURT
You can find the rules under MySPURT Marketplace
We emphasize to point out that we will only accept you as our client when you have acknowledged and agreed to be and remain in compliance with the Vision of MySPURT.
The client complies with this Vision by accepting the Terms and Conditions in the Registration Form agreeing thereby to the following statement:
“By registering for a MySPURT account I declare and affirm I have read and agreed to the Terms & Conditions of MySPURT. I further declare and affirm that I am an honest and honorable person and will act in good faith in my dealings with MySPURT as well as in all my dealings with others. I also declare and affirm that the funds from MySPURT, "SPURT" will be used to enhance and enrich mankind, that I will only use the funds to do business ventures for good purposes (not evil ones) and that I will not knowingly waste the riches of the earth to the detriment of mankind”.