EthConnect is set to follow in BitConnect's success. Or bubble. You pick.
Well, we have all heard about BitConnect. Whether it's the world's greatest pyramid scheme or the world's greatest ponzi scheme is yet to be determined, but now we have another new option called EthConnect.
The two couldn't be more alike, with the major difference being the with EthConnect you will make investments with a new ERC-20 token. The rest should be very familiar if you're already investing with BitConnect.
With the ICO set to launch on November 1st, here are the things you need to know.
Ethconnect (ECH) is a self-managing financial system with P2P transaction based on open source platform.
ICO token distribution schedule:
Original Price of 1 Ethconnect (ECH) token = $ 0.5 USD
0 - 1 million token: $0.5 + Bonus 15%
Over 1 - 2 million token: $0.55 + Bonus 10%
Over 2 – 3 million token: $0.60 + Bonus 8%
Over 3 – 4 million token $0.65 + Bonus 5%
Over 4 – 5 million token $0.70 + Bonus 3%
Over 5 – 6 million token $0.80 + Bonus 2%
Over 6 – 7 million token $0.90 + Bonus 1%
Over 7 – 8 million token $1.00 + Bonus 0%
Token name : ECH
Token standard : ERC20
Blockchain Platform : Ethereum
Total Supply: 31,000,000
Future Supply: POS/POW
Smart Contract : On the Ethereum Blockchain
Investment options:
Ethconnect Lending
This is a very interesting concept for passive investors and extremely suitable with those who are looking for investment opportunities without calculating profit collected from their investment.
Ethconnect Trading
This option is also rather potential for investors although the profit margin is not equal to lending. But with a stable development trend, this is still a profitable investment opportunity.
Ethconnect Staking
If you are a person who is really busy, consider this option. It will bring you considerable profit from hoarding Ethconnect (ECH).
Ethconnect Mining
This is the final way out of the above methods to be able to earn profit by mining. EthConnect provides POW algorithms so people can mine with the amount of coin we permit.
Whether EthConnect is a scam or not, and whether it will follow the current success (or a possible future bust) of BitConnect, well - you decide for yourself. But if you are thinking of jumping in on the opportunity - think fast, because this ICO is likely going to sell out FAST.
If you'd like to join and sign up prior to the ICO sale, I would appreciate if you'd use my referral link:
https://ethconnect.net/ref/fiendlyroommate
Thanks for reading and good luck!
Donations are appreciated:
BTC: 11Nu6FrhMQLQJKAwjv1dCLZ2EBrtsyxaJ
BCH: 14eUtQn31TbMbBWyZUFwSrY9iQz2V1UcuG
ETH: 0xc71c9774b2b93e8b491d359e73bf516cfb6d6e63
LTC: LcdfL6baEDJXVguiV9vKPZrE8BQfvhtC5x
DOGE: DBA5vriuHgPZH8ZaeqdfQAYBinG1dQZ4ih