INTRODUCTION
The universe of cryptocurrencies is one that has kept growing each passing day, despite a lot of factors that have militated against the use of this form of digital asset in the ordinary dealings and transactions of man's life. Despite widespread plethora of problems and agitations against the use of cryptocurrencies, its growth has gained wide support from people all over the world.
The universe of cryptocurrencies is one that has kept growing each passing day, despite a lot of factors that have militated against the use of this form of digital asset in the ordinary dealings and transactions of man's life. Despite widespread plethora of problems and agitations against the use of cryptocurrencies, its growth has gained wide support from people all over the world.
Reports show that, cryptocurrency market capitalization is over 300 billion USD. Why should a venture that has shown so much promise in recent times be pushed against? It is a viable venture . It is expected to be used far and wide and invested in as time goes by to encourage its growth. However, due to a lot of factors (hindrances) the reverse is the case with regards to crypocurrency adoption.
Ecoinomic is one of the many projects or platforms that seeks to bring forth the wide acceptance and use of cryptocurrencies in our world today. It creates the necessary synergy between the use of cryptocurrencies and the use of fiat currencies. This is a welcome development and is a step in the right direction for all investors and other interested parties alike.
PROBLEM STATEMENT
The world of cryptocurrencies is one that has fought valiantly many fights for survival since its coming about and has won them. There however exist some problems with the widely accepted use of cryptocurrencies. Some of which include;
There exists a peaked level of fear on all users of the cryptocurrency platform as to whether there would ever come a day when all their financial investments in the world of cryptocurrency would pay off. Having lived in a world where the use of such a currency is not widely accepted , many have always nursed fear of not been able to use such amounts of value as they have stored on the platform.
The world of cryptocurrencies is one that has fought valiantly many fights for survival since its coming about and has won them. There however exist some problems with the widely accepted use of cryptocurrencies. Some of which include;
There exists a peaked level of fear on all users of the cryptocurrency platform as to whether there would ever come a day when all their financial investments in the world of cryptocurrency would pay off. Having lived in a world where the use of such a currency is not widely accepted , many have always nursed fear of not been able to use such amounts of value as they have stored on the platform.
The use of cryptocurrency has not gained wide support and usage in our world today. This therefore discourages the use of cryptocurrencies as a form of collateral for a loan to be given in fiat currencies. Due to the highly volatile nature of the value of cryptocurrencies, it is not advisable for one to sell it for fiat currencies and then repossess them by purchase again.
The bank system in our time is also one that is very rigid and not so lenient when it comes to matters concerning loans. As a result, when individuals make attempts to obtain loans from banks the time taken before the banks approve the loan is so much that it even discourages the individual seeking loan from going on with the modalities that surround the obtaining of loans from banks.
This evident practices of abject rejection of the use of cryptocurrencies by the financial institutions and bodies have made it very difficult for people to enjoy or employ the use of cryptocurrencies in our contemporary time. It brings forth the question whether there is hope for investors on such platforms?
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HOW ECOINOMIC REMEDIES PROBLEMS MENTIONED.
Ecoinomic is a project that seeks to fully decentralize the use of cryptocurrency. It brings a lot of new perks to the table for any user of cryptocurrency. In a bid to make man’s life much better, it has evolved new ways by which cryptocurrencies can be fully utilized in our current society and beyond.
Ecoinomic is a project that seeks to fully decentralize the use of cryptocurrency. It brings a lot of new perks to the table for any user of cryptocurrency. In a bid to make man’s life much better, it has evolved new ways by which cryptocurrencies can be fully utilized in our current society and beyond.
Cryptocurrencies having previously been seen or analyzed as a legal tender or measure of value that is not widely accepted in our recent society, it is also a measure of value that cannot in almost every case be considered as appropriate form of collateral in terms of an agreement for a loan.
This old dispensation is about to change however, as Ecoinomic seeks to change this general worldview by bringing forth a platform where such measures of value can be fully utilized to serve as an adequate form of collateral for loans sought for whilst on the platform.
This old dispensation is about to change however, as Ecoinomic seeks to change this general worldview by bringing forth a platform where such measures of value can be fully utilized to serve as an adequate form of collateral for loans sought for whilst on the platform.
Having created a system that is almost perfect and efficient, it works with two basic parties which are the users of the platform obtaining the loans, who are generally referred to as the borrowers and the the sponsors, likened to financial institutions who are the lenders. The system would provide an adequate amount of loan to all its users from as low as $200 to $10,000.
By doing all of this econoimic removes the necessity of one having to sell off his crypto assets . The platform also eliminates the need for third parties or intermediaries in the course of the use of the services as opposed to financial institutions who play an integral part in money lending in our society.
By doing all of this econoimic removes the necessity of one having to sell off his crypto assets . The platform also eliminates the need for third parties or intermediaries in the course of the use of the services as opposed to financial institutions who play an integral part in money lending in our society.
The platform; Ecoinomic also plays the role of a guarantee in the course of lending procedures predominantly carried out by financial institutions. Ecoinomic also makes provision for the full financial coverage of any loan by a user of the platform.
In the course of the usage of eCoinomic.net platform as aforementioned, there are two parties the financial institutions such as investment banks, family offices who predominantly provide funds in fiat form to users on the platform and the user or borrower. eCoinomic.net makes for more liquidity to the universe of the use of cryptocurrencies, so that the platform would provide a steady inflow and outflow of income, most especially to the reserve.
In the course of the usage of eCoinomic.net platform as aforementioned, there are two parties the financial institutions such as investment banks, family offices who predominantly provide funds in fiat form to users on the platform and the user or borrower. eCoinomic.net makes for more liquidity to the universe of the use of cryptocurrencies, so that the platform would provide a steady inflow and outflow of income, most especially to the reserve.
The eCoinomic.net platform makes provision for a robust system that supports and accepts different types of cryptocurrencies to be used as a collateral which include: CNC, BTC, ETH, XRP, LTC, BCH, EOS, NEO, ETC, ADA, TRX, DASH. It also provides loans in the following currencies: USD, EUR. GBP, JPY, CHF, CNY etc.
The eCoinomic Platform makes provision for a system that pays out already approved loan amounts as fast as humanly possible. The project makes sure that there is a high speed medium of fiat money transactions, so all parties involved in such a transaction get the money in good time.
The level of security and transparency of the eСoinomic project is basically impeccable. It makes use of Smart contract in the course of regulating the procedure of collateral blocking, the return or liquidation of such blocking. The use of smart contracts is to procure the fulfillment of the loan obligations on the eCoinomic platform, this is done solely to protect the investments for the owners of collateralized crypto assets and fiat funds simultaneously.
The eCoinomic platform is based on the Ethereum blockchain. The Smart Contracts are built in such a manner as to make for a rigid and solid system. The main programming language in use is the Python Programming language. Users who are registered on the platform, can on their own initiate credit actions without aid or interference from third parties, they determine the loan amount they are interested in having and the interest rate for such an amount sought for.
The platform also makes adequate provision for the live price monitoring of the cryptocurrency system. This is done because the value of cryptocurrencies is highly volatile and subject to change on a regular basis. The value of such collateral is normally calculated based on the live data from several top exchanges (Bittrex, Poloniex, Binance etc.
Ecoinomic is therefore a platform that should be welcomed with both arms open. It is a platform that has been single-handedly built to tackle all the existing problems that users of cryptocurrencies had previously with regards the use of cryptocurrencies in our contemporary time.
The platform also makes adequate provision for the live price monitoring of the cryptocurrency system. This is done because the value of cryptocurrencies is highly volatile and subject to change on a regular basis. The value of such collateral is normally calculated based on the live data from several top exchanges (Bittrex, Poloniex, Binance etc.
Ecoinomic is therefore a platform that should be welcomed with both arms open. It is a platform that has been single-handedly built to tackle all the existing problems that users of cryptocurrencies had previously with regards the use of cryptocurrencies in our contemporary time.
TOKEN DETAILS
The token available for use on the platform is known as the CNC Token. The price of each CNC Token ranges from 0.06 to 0.12 USD for the ongoing ICO, the earlier you buy in, the better for those interested . As an added advantage on the platform, the eCoinomic wallet supports the use of a wide range of cryptocurrencies on the platform such as ETH, BTC, XRP, BCH, LTC, NEO, XMR, ZEC.
The token available for use on the platform is known as the CNC Token. The price of each CNC Token ranges from 0.06 to 0.12 USD for the ongoing ICO, the earlier you buy in, the better for those interested . As an added advantage on the platform, the eCoinomic wallet supports the use of a wide range of cryptocurrencies on the platform such as ETH, BTC, XRP, BCH, LTC, NEO, XMR, ZEC.
The Token type is ERC20 and it is a utility token with total supply of 2.1 billion. The hard cap value is USD 106,000,000 while the Softcap value is USD 6,000,000. The total amount of tokens available for sale is 2,100,000,000 while the total number of that value available for sale is 1,550,000,000. For the token sales, softcap has been attained already, and in my own opinion, it's a great idea to buy in considering the awesomeness of the project and superb team behind it. The project also got very good expert ratings.
PREVIEW OF TOKEN SALE DETAILS AND ECONOMICS:
TEAM AND ADVISORS
Ecoinomic team comprise of experienced intellectuals who are devoted to ensure the project aim is achieved, backed by great advisors with superb profiles ready to assist in attaining the project aim. Check the preview below for team members and advisors :
Ecoinomic team comprise of experienced intellectuals who are devoted to ensure the project aim is achieved, backed by great advisors with superb profiles ready to assist in attaining the project aim. Check the preview below for team members and advisors :
PARTNERS
Ecoinomic has got remarkable partners in a bid to foster realization of the project vision. Check preview below for partners:
Ecoinomic has got remarkable partners in a bid to foster realization of the project vision. Check preview below for partners:
CONCLUSION
ECoinomic is a platform that has come to break the jinx of the use of cryptocurrencies in our time. It has the collective goal of decentralizing the use of cryptocurrencies in the world and making for a greater level of synergy between the possession of fiat currencies and cryptocurrencies in our immediate environment.
The platform creates a highly lucrative venture that initiates the use of cryptocurrencies as a measure of value and also for use as collateral in times of loan. It brings the worldwide use of cryptocurrencies to our current dispensation and time. The platform is one that would not just encourage the use of cryptocurrencies in our time but it would also encourage the easy acquisition of loans by crypto holders. It is a welcome development and should be encouraged in our time for the benefits it brings to it's users.
ECoinomic is a platform that has come to break the jinx of the use of cryptocurrencies in our time. It has the collective goal of decentralizing the use of cryptocurrencies in the world and making for a greater level of synergy between the possession of fiat currencies and cryptocurrencies in our immediate environment.
The platform creates a highly lucrative venture that initiates the use of cryptocurrencies as a measure of value and also for use as collateral in times of loan. It brings the worldwide use of cryptocurrencies to our current dispensation and time. The platform is one that would not just encourage the use of cryptocurrencies in our time but it would also encourage the easy acquisition of loans by crypto holders. It is a welcome development and should be encouraged in our time for the benefits it brings to it's users.
USEFUL LINKS:
Consider checking out the links below to know more about this mind-blowing project. Join the telegram community and follow on different social media.
Website : https://ecoinomic.net
Whitepaper:
https://ecoinomic.net/docs/whitepaper
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2878954
Telegram group : https://t.me/ecoinomicchatroom
Telegram news channel : https://t.me/ecoinomicchannel
Facebook : https://m.facebook.com/ecoinomic/
Twitter: https://twitter.com/ecoinomicnet
LinkedIn : https://www.linkedin.com/company/ecoinomic/
Reddit : https://www.reddit.com/r/eCoinomic/
Consider checking out the links below to know more about this mind-blowing project. Join the telegram community and follow on different social media.
Website : https://ecoinomic.net
Whitepaper:
https://ecoinomic.net/docs/whitepaper
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2878954
Telegram group : https://t.me/ecoinomicchatroom
Telegram news channel : https://t.me/ecoinomicchannel
Facebook : https://m.facebook.com/ecoinomic/
Twitter: https://twitter.com/ecoinomicnet
LinkedIn : https://www.linkedin.com/company/ecoinomic/
Reddit : https://www.reddit.com/r/eCoinomic/
https://bitcointalk.org/index.php?action=profile;u=1068536
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