eCoinomic Project Overview

in #finance6 years ago

The first generation of the digital revolution brought us the Internet of information. The second generation—powered by blockchain technology is bringing us the Internet of value, a new distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better.
Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s the technology that drives bitcoin and other digital currencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind.
In this sea of inovation and new technologies there are visionary projects that come to life in the form of ICO's and today i am going to present you with one of the most promising one on the market. I will be introducing you to eCoinomic which has created a platform providing financial services to crypto holders by way of investment and asset management, exchange, transfers and mutual settlements between users and partner projects.

ABOUT eCoinomic

eCoinomic is a new platform providing financial services to crypto holders by way of: investment and asset management, exchange, transfers and mutual settlements between users and partner projects. #eCoinomic

The main objective of the eCoinomic project is to develop, market and refine resource-based cryptographic resource-based service platforms. It offers its users loan functions, exchanges, transfers, financial management and integration of services and systems through online payments.

On the eCoinomic platform, you can get a fiat loan that stores your crypto assets as collateral. For crypto owners, they can now start receiving payments for products and services. People can now buy cryptocurrencies as long-term investments. The eCoinomic platform provides the necessary liquidity that will assist the crypto holders. Investors will benefit enormously from this platform. Smart contracts impose conditions in loan obligations. It protects the investment of crypto holders and fiat investors.

FEATURES OF THE PLATFORM

• Secured and unsecured loans are based on money and fiat cryptocurrency

• Long-term and short-term investments in money and cryptocurrency fiat

• Exchange rate risk hedging mechanism for crypto assets

• Financial transactions, exchanges, collateral management

• Payment of goods and services in online digital currencytrading platforms like eBay and Amazon

• Fiat money transactions, virtual card issuance supported by crypto assets

eCoinomic For crypto owners:

Who purchased cryptocurrency as average and long-term investment expecting a high growth rate; Who received crypto assets as payment for goods and services (e.g. miners); Startups and funds who are in need of short-term fiat credits.

eCoinomic For investors:

Private sector investors who allocate monetary resources for the purpose of generating income; Institutional investors who are interested in high profitability and low risk instruments.

eCoinomic smart contracts enforce the fulfillment of loan obligations and thereby protect the investments for the owners of both collateralized crypto assets and fiat funds.

ADVANTAGES OF eCoinomic.net

This project has potentials to uplift our ecosystem through its structures and blueprint. Applying for loans, so many factors need to be in place for your application to be granted eg Your credit history has to be good, guarantors, collateral etc. The amount of time used in verifying this information can be long and frustrating. With the bureaucracy involved, it can be tiresome in most cases. Coupled with the fact that Digital assets aren't widely accepted yet, which means owners would have to sell them, convert to Fiat before loans can be granted. This whole process can mean unnecessary charges will be incurred and with the high Volatility of Cryptocurrencies, buying the digital assets back for the same value might be near impossible. This is where eCoinomic.net shoulders the burden.

eCoinomic.net is a network that acts as a go-between, between creditors and borrowers. The Platform acts as a guarantor in that it shoulders the burden and risks associated with the process. There's no need for borrowers to convert their Digital assets before getting loans anymore. The Platform will be attractive to investment banks, family offices etc. This will make the Platform liquid enough for borrowers to have access without much hindrances and limitations.
Numerous technological advancements and reasons eCoinomic.net possess which will make it the top platform for loans in the nearest future.
The ease of transactions using the Blockchain, the transparency, etc. The benefits far exceed what other platforms offer. There are so many other benefits of the Platform which can be found in my former article or on the Website.

HOW DOES THE PLATFORM WORK?

The stage has a couple of ways you can clearly benefit. The first of them is utilizing the Lending stage. The stage is anchored and unsecured by nature, the propels are basically in light of fiat money and computerized cash coins like Bitcoin, Litecoin, and Ethereum.

The contributing piece of the eCoinomic contributing point of view looks like whatever other exchange that offers to contribute for both long and here and presently destinations. There is also supporting, which is the segment of playing out the movement of supporting on the cryptographic cash exchanges and will obviously rate the perils of advanced cash assets. The crypto exchange works magnificently on the eCoinomic arrange as well, this joins the essential limit of regulating security assets. In addition, not only that, crypto portions on the exchange work through a specialist portion administrator who approaches virtual cards to be issued. The stage moreover facilitates with the more prominent eCommerce stages, for instance, Amazon and eBay. This is all lone a quick framework of what the organize conveys to the table. On the off chance that you want to take in additional about the possibility of the stage and what you can get from using it make a straight shot for the association site at eCoinomic. The white paper was to indicate to you about the eCoinomic arrange, so you can best pick if you have to use the stage. When you utilize the stage, you will essentially be getting 6 helpful parts of the arrange. The first of the points of interest would be the multi-cash some portion of the stage.

eCoinomic as a phase recognizes an assortment of advanced types of cash. They furthermore issue credits in the most pervasive fiat money related gauges as well. Another unimaginable favourable position of the association is that standard fiat money is simply taking a matter of minutes to trade because of the manufactured - in portion expert. Besides, there is an esteem watching system that will quickly check the estimation of all certification at standard interims. The data relies upon comes to fruition taken from a couple of the greatest computerized cash exchanges.
There is moreover security and straightforwardness that is guaranteed, and with the splendid contracts, you can depend on controlling the techniques of blocking, offering, or exchanging any of the favourable circumstances used as protection on the structure. The structure also has a strong security hold fund that is used to design and enhance the engaging part of huge and little wander wanders. At the present time, you can in like manner get a totally helpful alpha type of the stage and it will in like manner be 100% to test after the pre-bargain ends up successful.

TOKEN AND ICO DETAILS

eCoinomic Token (CNC) is an ERC20 utility token, based on Ethereum blockchain. The purpose of CNC token is to pay service fees on the eCoinomic digital platform.

eCoinomic token on the platform will be market-determined meaning it will be based on CNC exchange price + 20%. For example, for a loan amount of 10 000 USD the service fee would be 60 USD, reflectedin CNC tokens. If the price of 1 CNC token equals 1 USD, the fee would be 60 CNC tokens. If the price of 1 CNC token equals 10 USD, the fee would be 6 CNC tokens.

Token Details

Token name: CNC

They accept VISA and Mastercard or Cryptocurrency payments

Token sale details

Starts 01.06 and ends 01.11.2018

Maximum amount of CNC allocated for Reserve stage is 1,400,000,000tokens.

Minimum Contribution is not limited.

Maximum contribution is USD 250,000.

Initial Token price: 1 CNC = 0.06 USD

During the Reserve stage the token price increases by 1 cent each 9 days until 01.08.2018.

Starting from 2 August till the end of Token Sale, token price will be 0.0005 ETH (1 ETH = 2000 CNC).

Reserve stage will be continued until the Hard Cap is reached — USD106,000,000 or until 01.11.2018.

Use of Proceeds

WHY YOU SHOULD CHOOSE eCOINOMIC?

Multicurrency

BTC, ETH, LCH, BCH +TOP10 are accepted.

USD, EUR, and later GBP, JPY, CHF, CNY are listed amongfiat currencies for loans.

Fiat money transaction speed

It will only take several minutes, thanks to built-in payment agent.

Security and transparency

Smart contracts regulate the procedures of blocking, returning or liquidating collateral.

Price monitoring system

Checks collateral value every minute based on the data from several exchanges.

Insurance reserve fund

Adds to the attractiveness of the project for large and small investors.

ROADMAP

TEAM

FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;

Website: http://www.ecoinomic.net/

Twitter: https://twitter.com/Ecoinomicnet

Facebook: https://www.facebook.com/ecoinomic/

Telegram: https://telegram.me/eCoinomicchatroom

Join now through https://account.ecoinomic.net

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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