eCOINOMIC - Access To Loan Through Blockchain

INTRODUCTION

The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. One such firm at the forefront of blockchain innovation is ECOINOMIC.NET

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ABOUT eCOINOMIC

eCoinomic is a new platform providing financial services to crypto holders by way of: investment and asset management, exchange, transfers and mutual settlements between users and partner projects.

eCoinomic.net provides a scalable solution for fiat lending to the cryptocurrency owners. During the first stage we create a lending platform that connects individual borrowers with institutional investors’ and family offices’ financial resources. During the later stages we add a variety of financial services including full-scale banking services.

eCoinomic.net platform provides financial services to crypto holders by way of investment and asset management, exchange, transfers and mutual settlements between users and partner projects.

The Goal

The main objective of the eCoinomic project is to develop, market and refine resource-based cryptographic resource-based service platforms. It offers its users loan functions, exchanges, transfers, financial management and integration of services and systems through online payments.

On the eCoinomic platform, you can get a fiat loan that stores your crypto assets as collateral. For crypto owners, they can now start receiving payments for products and services. People can now buy cryptocurrencies as long-term investments. The eCoinomic platform provides the necessary liquidity that will assist the crypto holders. Investors will benefit enormously from this platform. Smart contracts impose conditions in loan obligations. It protects the investment of crypto holders and fiat investors.

PROBLEMS ECOINOMIC.NET IS PROVIDING SOLUTIONS TO

Currently, digital assets are not widely recognized as financial assets and therefore cannot serve as collateral. At the same time, selling cryptocurrency for short-term cash withdrawal and then repurchasing it becomes a risky and unprofitable measure due to a high volatility and commissions of intermediaries.

The rapid growth of the value of digital assets creates a dilemma for their owners: on the one hand they require funds for business development / renewal of miner hardware / improvement of their living conditions, on the other hand they seek to preserve their cryptocurrency with the aim to increase its value significantly and in a short time. Getting a loan in cash requires time for considering an application, collecting additional documents, assessing the collateral or presenting a guarantee. Ultimately, the bank can deny the loan due toan inadequate or unfavorable credit history.

At present, creditors do not accept digital assets as collateral, that makes it impossible to obtain real money against a security of cryptocurrency through traditional financial institutions. And private creditors do not guarantee security and transparency of the transaction.

SOLUTION PROVIDED

eCoinomic.net creates a global network that lends fiat money to individuals and small businesses using crypto assets as a collateral. Thus there is no necessity to sell crypto assets to get a loan. eCoinomic.net platform serves as an intermediate service between financial institutions that act as lenders and the individuals that act as borrowers. eCoinomic.net takes the role of a guarantee for financial institutions — all the risks associated with a lending procedure are eliminated by eCoinomic.net that provides full financial coverage of the loan.

eCoinomic.net brings financial institutions such as investment banks, family offices and funds to the platform.

eCoinomic.net business model offers a solution of low-risk profitable investments to financial institutions. eCoinomic.net brings more liquidity to the cryptosphere by attracting such investments.

THE FEATURES OF THE PLATFORM

• Secured and unsecured loans are based on money and fiat cryptocurrency

• Long-term and short-term investments in money and cryptocurrency fiat

• Exchange rate risk hedging mechanism for crypto assets

• Financial transactions, exchanges, collateral management

• Payment of goods and services in online digital currencytrading platforms like eBay and Amazon

• Fiat money transactions, virtual card issuance supported by crypto assets

eCoinomic For crypto owners:

Who purchased cryptocurrency as average and long-term investment expecting a high growth rate; Who received crypto assets as payment for goods and services (e.g. miners); Startups and funds who are in need of short-term fiat credits.

eCoinomic For investors:

Private sector investors who allocate monetary resources for the purpose of generating income; Institutional investors who are interested in high profitability and low risk instruments.

eCoinomic smart contracts enforce the fulfillment of loan obligations and thereby protect the investments for the owners of both collateralized crypto assets and fiat funds.

HOW DOES THE PLATFORM work
The stage has a couple of ways you can clearly benefit. The first of them is utilizing the Lending stage. The stage is anchored and unsecured by nature, the propels are basically in light of fiat money and computerized cash coins like Bitcoin, Litecoin, and Ethereum.
The contributing piece of the eCoinomic contributing point of view looks like whatever other exchange that offers to contribute for both long and here and presently destinations. There is also supporting, which is the segment of playing out the movement of supporting on the cryptographic cash exchanges and will obviously rate the perils of advanced cash assets. The crypto exchange works magnificently on the eCoinomic arrange as well, this joins the essential limit of regulating security assets. In addition, not only that, crypto portions on the exchange work through a specialist portion administrator who approaches virtual cards to be issued. The stage moreover facilitates with the more prominent eCommerce stages, for instance, Amazon and eBay. This is all lone a quick framework of what the organize conveys to the table. On the off chance that you want to take in additional about the possibility of the stage and what you can get from using it make a straight shot for the association site at eCoinomic. The white paper was to indicate to you about the eCoinomic arrange, so you can best pick if you have to use the stage. When you utilize the stage, you will essentially be getting 6 helpful parts of the arrange. The first of the points of interest would be the multi-cash some portion of the stage.

eCoinomic as a phase recognizes an assortment of advanced types of cash. They furthermore issue credits in the most pervasive fiat money related gauges as well. Another unimaginable favourable position of the association is that standard fiat money is simply taking a matter of minutes to trade because of the manufactured - in portion expert. Besides, there is an esteem watching system that will quickly check the estimation of all certification at standard interims. The data relies upon comes to fruition taken from a couple of the greatest computerized cash exchanges.
There is moreover security and straightforwardness that is guaranteed, and with the splendid contracts, you can depend on controlling the techniques of blocking, offering, or exchanging any of the favourable circumstances used as protection on the structure. The structure also has a strong security hold fund that is used to design and enhance the engaging part of huge and little wander wanders. At the present time, you can in like manner get a totally helpful alpha type of the stage and it will in like manner be 100% to test after the pre-bargain ends up successful.

TOKEN AND ICO DETAILS

eCoinomic Token (CNC) is an ERC20 utility token, based on Ethereum blockchain. The purpose of CNC token is to pay service fees on the eCoinomic digital platform.

eCoinomic token on the platform will be market-determined meaning it will be based on CNC exchange price + 20%. For example, for a loan amount of 10 000 USD the service fee would be 60 USD, reflectedin CNC tokens. If the price of 1 CNC token equals 1 USD, the fee would be 60 CNC tokens. If the price of 1 CNC token equals 10 USD, the fee would be 6 CNC tokens.

Token Details

Token name: CNC

They accept VISA and Mastercard or Cryptocurrency payments

Token sale details

Starts 01.06 and ends 01.11.2018

Maximum amount of CNC allocated for Reserve stage is 1,400,000,000tokens.

Minimum Contribution is not limited.

Maximum contribution is USD 250,000.

Initial Token price: 1 CNC = 0.06 USD

During the Reserve stage the token price increases by 1 cent each 9 days until 01.08.2018.

Starting from 2 August till the end of Token Sale, token price will be 0.0005 ETH (1 ETH = 2000 CNC).

Reserve stage will be continued until the Hard Cap is reached — USD106,000,000 or until 01.11.2018.

Use of Proceeds

WHY YOU SHOULD CHOOSE eCOINOMIC?

Multicurrency

BTC, ETH, LCH, BCH +TOP10 are accepted.

USD, EUR, and later GBP, JPY, CHF, CNY are listed amongfiat currencies for loans.

Fiat money transaction speed

It will only take several minutes, thanks to built-in payment agent.

Security and transparency

Smart contracts regulate the procedures of blocking, returning or liquidating collateral.

Price monitoring system

Checks collateral value every minute based on the data from several exchanges.

Insurance reserve fund

Adds to the attractiveness of the project for large and small investors.

ROADMAP

TEAM

FOR MORE INFORMATION PLEASE VISIT THE LINKS BELOW;

Website: http://www.ecoinomic.net/

Twitter: https://twitter.com/Ecoinomicnet

Facebook: https://www.facebook.com/ecoinomic/

Telegram: https://telegram.me/eCoinomicchatroom

Reddit - https://www.reddit.com/r/eCoinomic/

ANN - https://bitcointalk.org/index.php?topic=2878954

LinkedIn - https://www.linkedin.com/company/ecoinomic/

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409