[Machi Coin Co., Ltd.] Machi Coin (R), a crowdfunding service that can be easily carried out in the region, has been significantly reduced in price from today!
*Machi Coin Co., Ltd.*
Press release: September 17, 2024
**
Machi Coin (R), a crowdfunding service that can be easily carried out in the region, is significantly reduced in price from today! *To support businesses due to rising borrowing interest rates ~ Some businesses are effectively offering 75% off or free of charge ~* Machi Coin (from https://m-coin.biz/
Machi Coin Co., Ltd. (Headquarters: Suginami-ku, Tokyo, Representative Director: Ryota Furuya, hereinafter referred to as the “Company”) is a crowdfunding company (hereinafter referred to as “Customer Funding”) that stores in the town can easily conduct for their customers. We would like to announce that we will be revising the usage fees for the service (called “) from today, September 17, 2024, resulting in a significant price reduction.
Background of price revision
With the Bank of Japan’s decision to raise interest rates at the end of July this year, it is expected that interest rates on loans from financial institutions by local businesses will rise. Furthermore, in Japan as a whole, the pros and cons of future interest rate hikes are being questioned based on the trend of inflation. However, through dialogue with local business operators with whom we have ties, we have the impression that the positive impact of strengthening the financial base, which is a prerequisite, has not yet become evident for businesses with deep roots in the community. I am getting.
Furthermore, since the start of our service, we have been working to improve our system and have automated and streamlined crowdfunding projects as much as possible.
Due to these reasons, in order to support local businesses, we have revised the previously flat amount (2,000 yen per month, excluding tax) and started issuing products through financing, although this is a slight abandonment. We have decided to change to a method in which the amount to be paid by the business operator is determined based on the amount of the ticket (pay-as-you-go method).
Effect of price revision
Looking at the funding status of Machi Coin customers, the majority of gift certificates issued are in the range of 100,000 yen to 300,000 yen, and in the case of many customers, the amount is 75% off from the previous amount. It will be available at. Furthermore, if the issued balance of the gift certificate is 100,000 yen or less, it will be free of charge. In the case of any customer, the less the balance of the gift certificate decreases (in other words, the more Machi Coins are used for sales of the business of the business), the more the gift certificate balance is consumed and the amount you pay to us decreases. will gradually decrease. The new billing format is as follows, and will be applied from this month. In addition, customers who previously subscribed to a flat rate will also be eligible for the new price starting from the current month.
New price plan information page (https://m-coin.biz/pricelist.html) Thoughts on this amount change
This is simply by supporting our business operators and strengthening relationships with each customer, increasing local communication and the identity of living in the area, and increasing the cost of maintaining the local community (safety, infrastructure, disaster prevention, etc.). This reflects our company’s desire to reduce waste (e.g.). Our services aim to stop the decline in social capital, which is an essential social issue, from within local communities and to foster new ones.
We will continue to work closely with local businesses, enhance our services, emphasize the importance of social capital, and do our best to help our country achieve healthy economic growth.