ECOSTART - PROVIDING A BETTER FUNDING SYSTEM FOR ECOSYSTEM DEVELOPMENT

judybanks (7)in #ecostart • 6 years ago

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We live in a world where our ecosystem provides a lot for us. Air, water, food, shelter clothing, sunlight and many more. But what do we give our ecosystem in return? Deforestation, air pollution, water pollution and many other bad things. I must confess that our relationship with nature (our ecosystem) is a really bad one and if effort is not put in place to save our environment now, there will come a time where our environment will not be a suitable place for us to live anymore. People will have to travel to different planets, but what will be the fate of those who will have nowhere to go to? Each and everyone spends at least 2℅ of their income in keeping their homes tidy and neat, but when it comes to our larger home (the ecosystem) lesser amount, (only 1℅) of the GDP is spent to maintain it. To maintain a better ecosystem at least 3-4℅ of the GDP must be spent on the ecosystem and everyone has a role to contribute towards it.
Traditional financial institutions serve as an intermediary between investors and ecological companies; hence these companies do not receive the actual amount paid by investors due to the charges deducted. Investors also do not have the opportunity to select specific projects they want to invest their monies in. In addition, there is lack of transparency in disclosing information to investors about finances raised.
Ecostart is here to solve all these problems under one platform. It is a project designed to help raise funds to support projects involved in supporting our ecosystem. With the use of blockchain technology, we will ensure transparency as well as get rid of all intermediaries (financial institutions). The funds generated from this project will be used to solve problems like global warming, green house effect, and depletion of ozone layer and also increase activities that contribute to the development of the ecosystem.

Our objectives includes creating a global ecosystem which can raise funds to support ecological friendly projects and also help companies who have interest in this field to help their dream come true. There will be no middle men, hence investors will communicate directly with these companies that develop ecologically friendly projects. We also seek to improve the interest of individuals, communities and media houses in activities that improve the ecosystem.
There are specific features that make us stand out. The use of blockchain technology ensures faster transactions as well as a much cheaper transaction cost. It also ensures that a lot of energy is saved during verification. Customers can assess a web application on their phones or laptops in the comfort of their homes or wherever they find themselves. We have an open API system; hence we will be able to integrate with any ecological program deployed on the platform.
We have discovered that globally, interest in blockchain technology as well as ecological friendly projects is increasing. Users of ECOSTART platform will benefit from this project immensely. Volunteers will enjoy discounts from partners for accommodation, food and other expenses. They will also enjoy free visits to new places for environmental development.
TerraEcocoin (TER) is the token to be used on the platform. Token holders will have the opportunity to select specific projects they will invest in. The tokens can be used for payment IG commissions, depositing funds, voting and securing investment on the platform.