ECOBIT - Legitima Or Scam

ecardona (40)in #cryptocurrency • 7 years ago

I share with my knowledge and the information that I found on this coin.

PLEASE YOU MUST READ ALL THE ARTICLE

When I found out about this coin I ran to buy for the following reasons

They claimed to be associated with the ONU
Their Value was backed up in a forest located in Malaysia which they indicated belonged to them, and that for them they would obtain carbon credits which they would sell.
With the money collected by the project, they would study the benefits of Spirulina and cultivate it for income.
The currency is based on the XEM cryptonnet

Before continuing, I will explain some concepts:

Carbon Bonus: I will give an example, Diesel plants generate energy using fossil fuel, hydroelectric power plants generate energy with water, the second has less ecological impact, what they do with the second is that they give carbon credits calculated from The amount of CO2 they stopped generating when using renewable resources (water), these bonds are worth in dollars and sold to developed countries that have no interest in caring for the environment.

Why do you buy Carbon Bonds ?: If you live in an industrialized country, your country must meet every year with an X production of carbon credits, as this country contaminates too much, you must buy those bonds to the underdeveloped countries that usually use energy Alternatives and take care of their forests. I hope I understood the business.

What was the reality of Ecobit?

The ONU indicated not to be associated with the creators of ECOBIT
Lost validates the issue of capitalization by means of Carbon Bonds
Spirulina is already being studied by companies with more than 20 years of experience located in Malaysia and if they are associated with UNITAR (UN)
The only true, the currency is based on the cryptoneda XEM.

CONCLUSION
ECOBIT It is a scam that at any moment is going to burst and surely its commercial value will become zero. The incredible thing is that this currency keeps going up and it does it only for speculation because the project that it supports is a farce.