EcoVerse token flow
EcoVerse is the first ever self-sustainable platform that is based on blockchain technology and artificial intelligence that is supported by delegated proof of contribution. This platform is mainly committed to offering ready solutions to some of the problems facing the cryptocurrency market such as Lack of Daily Usability and Universal Applicability, vulnerable security as well as centralized wealth and power. This platform wants to make your experience amazing as a user that is why it is implementing the use of smart contracts that will be fulfilled through the usability of its utility token, ECR.
When businesses and consumers, as well as seller and buyer, are doing business within this platform, they will enter into an agreement which is known as smart contracts. After the negotiations, they will sign the smart contract, and after the successful completion of the business, tokens will be released from your account to the seller’s wallet. This is what is referred to as completing the contract. In simple reality, you require ECR tokens to complete the smart contract within this platform.
Token distribution
As an investor or a user within this platform, it is crucial to understand its token allocation. For instance, EcoVerse has a total supply of 2, 500,000,000 ECR. It is important to note that ECR is compliant to ERC-20on an Ethereum blockchain. This is how the company plans to distribute its tokens: 7% will be allocated to partners, 14% will be set aside for marketing, 20% will be set aside for dApp, 14% will be set aside for foundation, 15% will be set aside for the team, and the remaining 30% will be availed for sale.
It is also crucial to mention that ECR is a utility token and will be used as discussed below:
- In dApp reward token, for instance, when you download this append refer your friends to download the decentralized application, you will be rewarded. In order to acquire this application, you will purchase it using the ECR tokens.
- The token will also be used for exchange purchases
- It will be used for inter-chain service purchase
- Inter-chain transaction billing
- It will also be used during Business to Consumer as well as person to person trade.
Why you must participate in company token sale
After researching the market and finding out what is affecting it, EcoVerse is offering effective and authentic solutions to problems such as Lack of Daily Usability and Universal Applicability, vulnerable security as well as centralized wealth and power. This has led to its popularity amongst most users from across the world including investors. As an upcoming investor in this platform, your active participation will help you grasp new skills and experience that will help you improve your business.
During ICO the company offers its tokens at a lower price hence this is the time to acquire as many tokens as possible and enjoy purchasing the services and products within this platform.
Moreover, this is the time to understand more about the platform and its future plans plus get hold of important information such as the difference between ECR and ECX and how they can be used for your benefit.
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