Token Resource At Niger Delta (TRAND) is the electronic tokens that is used to buy things in Diaspora Alliance PH Multipurpose Cooperative Society Ldt (DAPH Coop) and Orisson resources Economic System. It is used via the TRAND wallet. To open a TRAND wallet, download the app from google play store or in website. Open the app, fill in the online form, fund and start using the wallet. Opening a wallet account automatically admits you as a nominal member of DAPH Coop, while registering in a Coop membership category and paying monthly dues of $1 (in cash, TRAND or SET – Raffle coupons) qualifies you as an active member.
Monthly Minimum (MM) exchange
The MM exchange gives you instant rebate of 33% cashback, which is 133% equivalent of the amount. The rebate value on MM Exchange is different from the bonus you get when you load your wallet for TRAND transactions. MM Exchange for Students is $4 (#6,000) to get #8,000 equivalent in Tokens and Coupons. Non-students exchange $8 (#12,000) to get #16,000 equivalent in Tokens and Coupons. The 133% rebate is split equally between TRAND tokens and SET-Raffle coupons. Any other cash above the MM Exchange which you loaded into your wallet gets a loading bonus only.
TRANDEx, TRAND Tokens and SET-Raffle coupons
TRANDEx is used for issuing our Tokens and SET – Raffle coupons @ 1 TRAND Token : 10 Naira. Tokens come in form of electronic bills of 100, 200, 500, 1000 and 5000. It is also plugged into the open channel of Orisson resources. Trand tokens are available for sale only by the first and last week of every month. TRAND tokes is a multipurpose token usable for purchase of Affordable farm fresh foods from Farmers and Traders that are members of the cooperative as well as all the goods and services listed on orisson resources and our mobile app. Products can be bought with tokens or with cash. Some products are:
- Farm Fresh produce
- Restaurant meal tickets
- Tourism and event tickets
- Precast Housing
- Job skills training, etc.
SET is School of Entrepreneurship and Technology. SET-Raffle Coupons is usable to pay for training and for Raffle draws which you can play weekly to win gifts, Tour package, Rent to own slot in our upcoming social housing units, Job skills training bond, Monthly dues, etc.
TRAND Wallet General Benefits:
- TRAND wallet loading bonus is instant 4% in TRAND Tokens and 4% in SET – Raffle coupons for every cash you load in your wallet. TRAND is usable to buy essentials eg. bulk food stuff from Orison Farms (group sale), Event tickets, Training Courses, Tour tickets, meal tickets in our partner restaurants, etc. SET – Raffle coupons are usable only for our online Training Courses, Event tickets and meal tickets during events.
- MM exchanges over a two-year period for students and NYSC members is the basis for discounts to rent units in our upcoming social housing developments.
- Access to Startup Finance pitch. Areas supported are Fashion, Plastic recycling, Furniture, Agro processing, Restaurants, Transport & Logistics, etc
- Become a DAPH Coop agent. Register someone, earn a referral bonus of #1000 in Trand tokens
Note: DAPH Multipurpose Cooperative runs as plug in on the Orisson resources / Trand wallet app. Users that don’t have android phone can use their ID card to transact via the QR code scanner on our app or use TRAND voucher notes if available.