About SDR Coin

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What Are Special Drawing Rights Coins (SDR coin)?

The underlying financial instrument of Special Drawing Rights Coin is the Special Drawing Rights (SDR). SDRs in its non-blockchain format refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing money reserves of member countries. Created in response to concerns about the limitations of gold and dollars as the sole means of settling international accounts, SDRs augment international liquidity by supplementing the standard reserve currencies. By applying blockchain technology and the principles of decentralised finance (DeFi), SDR can now be used digitally as the SDR coin.

Understanding Special Drawing Rights Coin

The optimum stablised value of SDR coin should be 1 SDR coin = 1 SDR of IMF ≈ 1.42 US Dollars (October 2021). Unlike other cryptocurrencies, SDR coins have only 2 decimal places and a fixed supply count. This would allow users to gauge relative value with complete clarity. SDR coins will be distributed in several stages: Pre-ICO in Middle East, Pre-ICO Global, ICO Global, Charitable Trust A (3 year freeze period), Charitable Trust B (5 year freeze period) and Investor Trust (7 year freeze period). Additional information can be found on our Twopager and Whitepaper under Resources section.

100 SDR ≈ 100 SDR ≈ 100 SDR ≈
103 GBP 15730 JPN 917 CNY
142 USD 520 AED 10295 RUB
 122 EUR 1240 SEK 2117 ZAR

Meet the Team

  • Paul Nort Legal & IP Compliance

  • Howard Zhong Co-Founder

  • David Lim Corporate Business Development

  • Kamal Muani Marketing Advisor

  • Eva Andersson Chief Technology Officer

  • Ingrid Carneiro Software Lead

  • Zhong, Yangyi External Advisor / NF Holdings (China)

  • Soon Chua External Project Advisor