eCoinomic : General Analysis and Insightful Impact

in #ico6 years ago

WHAT IS eCOINOMIC.NET?

eCoinomic.net is a digital platform that enables, ensures financial aids to crypto

holders and financial institution through its blockchain technology. A game changer which has come to eliminate the gap unlying the lender and borrower. This is however done in the following ways:

https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQme1Dub1gHLvyuexeWm8kvRrmAEiACVLiensgKVTxG2gjt/0%20(20).jpeg

How It Works

Institutional investors and family offices are always interested in new low-risk instruments with high profitability. And crypto owners wish for the benefit of their digital assets and for the long term hoping to gain more value. The smart contracts on the eCoinomic.net platform will solve these needs. Crypto owners will get an opportunity to obtain fiat loans using digital assets as collateral. Institutional investors and family offices will explore a new market by issuing fiat loans to crypto community and giving guarantee and access for the ecosystem to take possession.

Huge Advantages Of eCoinomic Platform

Multicurrency acceptance:
The eCoinomic platform will accept as collateral:BTC, ETH, LCH, BCH + TOP10 cryptocurrencies. Loans will be issued in: USD, EUR, GBP, JPY, CHF, CNY.
Fiat money transaction with maximum speed guaranteed help of the built-in payment agent,the crediting time for fiat funds will only take several minutes.
Price monitoring system The system checks collateral value every minute based on the data from several crypto exchanges.
Security and transparency Smart contracts regulate the procedures of blocking, returning or liquidating collateral assets.
Insurance reserve fund It is designed to enhance the attractiveness of the project for large and small investors without boundaries.

HOW eCOINOMIC.NET SEEKS TO SOLVE THE PROBLEMS.

Creating a mutual trust between the Lenders and the followers.
*Backing fiat loans by cryptocurrencies as collaterals

Management and controlling of virtual and digital assets.
*Global Exchange platform

Middleman between individual and financial institution (Borrower and lender)
eCoinomic.net PLATFORM AND KEY PLAYERS

There are two key payers in the economy of eCoinomic.net namely:

Lenders: These are major financial institutions, big hubs across the globes and families who provides some of their assets/funds and loans eConomic.net in fiat currencies.

Borrowers: These borrowers are small scaled business enterprises or individuals who intend to receive loans(fiat currencies) using their crypto assets. However, users need to be holders of CNC tokens to use the eConomic.net platform, must be a registered member who must have gone through a mandatory KYC(know your client) process.

Token Analysis

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.In order to assess the platform’s capabilities, the user has to undergo a simple registration process. Next, in the newly created personal account, the user has to add CNC tokens to his balance to get access to selected services.The balance of the personal account can be replenished in two ways: by transferring CNC tokens that were previously purchased during Token Sale and on a crypto exchange or by buying CNC tokens at a fixed price on the eCoinomic platform. It’s not market price, this is the cost of token inside system.The CNC token price on the platform is established on the basis of economic feasibility and includes all costs related to maintaining project integrity, its development and promotion.

Project Roadmaps

Q3–4, 2020

Conducting an IPO
Q1–2, 2020

IPO procedure initiation
First stage crypto bank launched (licensed in the UK and EU)
Q3–4, 2019

Cooperation and technical connection with trading platforms
Issue of bonds
Procedure of crypto bank registration start
Q1–2, 2019

Finance transfer from financial institutions and family offices
Expansion throuhgh global partnership with local microfinance organizations
Legal procedures for bonds issue
Q4, 2018

Virtual cards issue
eCoinomics.net payment agent with open API launch
Platform launch — November for early adopters, December for public.
Q3, 2018

Obtaining of licenses, developing solutions for different jurisdictions
Token Sale finish
Partnership with top global payment agents
Signing the letters of Intent with financial institutions and family offices
Q2, 2018

Pilot project launched in Russian Federation
Token Sale (Pre-sale stage)
International platform alpha release
Token Sale start
Q1, 2018

First public information on the project
Early-stage development of the platform
2017

Origin of the idea
Conducting cryptocurrency market research, technical solutions evaluation
Working team asembly, concept development
Team

In total, the team is comprised of 26 member, one of the features that make this project exceptional is the team behind it. These are people that have already worked together in many businesses before which are still running up to date. They have been working together in service, financial and Fintech projects since 2001. The core team of the project is made up of professionals, experts with more than 10 years experience in Fintech industry and software development.

For more information kindly access the links below:

Website: https://ecoinomic.net/
Whitepaper: https://ecoinomic.net/docs/whitepaper
Telegram: https://t.me/ecoinomicchannel

BTT Usename: justin10310
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2320138

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