eCoinomic: The Concept Of Fiat Availability For Cryptocurrency Assets

From deposit, to trading and withdrawal of funds from exchanges, no cryptocurrency exchange offers to give you cash to replace the coins you have in your exchange wallet, some exchanges prefer you to make huge withdrawal so they can benefit from the withdrawal charges. Even the so called decentralized exchanges that offer peer to peer form of transactions do not include fiat, you only have a guaranteed exchange for other cryptocurrencies once your order is filled up. The USDT also does not give you 100% assurance of having your spendable fiat currencies, Although it saves your coins from losing their dollar value, and traders would have to change their USDT back to other cryptocurrencies before converting back to fiat.

At this present day where we have a very bear market with most coins and token losing more than 50% of their worth, traders/investors find it very difficult in making investment choices, some would have to sell off their coins because of the need for money to take care of their needs. Therefore, I think the space of blockchain technology needs something other than what these exchanges can offer and that is what eCoinomic.net wants to introduce, a platform that offers extra financial assistance to users of digital currencies.

About eCoinomic.net

eCoinomic.net is an organization with plans to offer another arrangement through the formation of a worldwide platform that enables people, businesses and companies to utilize their crypto resources as collateral when there is need to get fiat money. eCoinomic.net will stand as a middleman which will connect financial institutions for example, investment banks, workplaces families, and supports as loan specialists and people or private ventures as borrowers. The eCoinomic.net Platform will emerge notwithstanding the financial establishment and ensure it with the greatest loaning method to limit the risks related with it. Furthermore, eCoinomic.net likewise offers are generally safe, however it stands profitable for ventures and any financial establishment. Other services provided by the eCoinomic platform include:

• Active strategies for safeguarding the volatility of crypto-assets
• Provision of Both secured loans based on fiat and other virtual currencies
• Availability of Long-term and short-term investments with fiat and digital currencies
• Purchase of products and services using cryptocurrency conversions in large online shops/markets, such as eBay and Amazon.
• The provision of fiscal operations, exchange and management of assets
  Availability of fiat and virtual maps supported by cryptoactive assets.

How The eCoinomic Ecosystem Works

The Platform offers two noteworthy parts in the eCoinomic.net system, The Lenders and The Borrowers. Loan specialists (Lenders) are the financial organizations, for example, venture banks, family offices, or assets. They will give variety of loans terms in form of fiat money and eCoinomic.net will handle security with most extreme loaning techniques to limit their risk. In the mean time, the borrower might be an individual business or an independent organization. They require a CNC token in order to utilize the eCoinomic.net platform. The component for getting to eCoinomic.net is very basic. All the platform users need to experience an enrollment procedure that requires legitimate KYC strategy. From that point onward, the client must have a CNC token and add it to their new individual account. Thereafter the lunch of eCoinomic.net, the price of the CNC tokens will be in accordance to their trade list, and the CNC token can likewise be utilized as collateral.

The eCoinomic Platform will use Python as its's basic language and the Ethereum Smart Contract for the liquidation of collaterals into loans which will be payable with interest rates to the lender. Users will be able to take a loan with the maximum amount of $10,000 for a single contract and a maximum of 30 days for the signing of the smart contract.

Why eCoinomic.net

The eCoinomic.net financial platform built on blockchain technology wants to make a worldwide network that is readily able to loan out fiat currency to individuals, independent ventures, and new businesses. The platform has a model that will proffer solutions to profitable investment opportunities to financial institutions with low-risk. The eCoinomic.net platform is in connection with Sauber Group, an organization working in financial administrations and financial technology, in order to keep a functioning ecosystem. It includes an inherent payment agent for crediting time for fiat in lesser era. Popular cryptocurrencies like BTC, ETH LTC and other top ten currencies will be made available, making it a multicurrency platform, also prices will be monitored to observe the value of collateral.

The eCoinomic Token Metrics

The eCoinomic Token (CNC) is used to fuel the activities of the platform, service charges on transaction and collaterals will be paid using the eCoinomic token (CNC). The Token is an ERC20 based utility token, which is built on the Ethereum blockchain.

Token Sale Details.

Token Symbol: CNC
Token Price: 1 CNC - $0.05
Total Supply: 2,100,000,000
Token for Sale: 1.550.000.000
Hard Cap: USD 106,000,000
Soft Cap: USD 6,000,000
CurrencyAccepted: ETH, BTC, XRP, BCH, LTC, NEO, XMR, ZEC
Restricted Countries: United States, Singapore and China (except for accredited investors)

Token Distribution

Conclusion

Apart from bringing financial institution to the cryptocurrency space, the project is also bringing a lot of contribution to blockchain technology. The eCoinomic project will positively increase the liquidity of the cryptocurrencies by bringing funds from financial organizations, the service fees will only be payable with the CNC token, bringing more transparency. lastly, the connection between financial assets and crypto assets will be closer.

Useful eCoinomic Links.

Website : https://ecoinomic.net/
Whitepaper : https://ecoinomic.net/docs/whitepaper
Telegram Channel : https://telegram.me/eCoinomicchannel
Telegram Group : https://telegram.me/eCoinomicchatroom
ANN Thread : https://bitcointalk.org/index.php?topic=2878954
Facebook : https://web.facebook.com/ecoinomic/?_rdc=1&_rdr
Twitter : https://twitter.com/Ecoinomicnet
Medium : https://medium.com/@ecoinomic

Telegram Username: @xpency
Bitcointalk Username: Xpency
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1800192