eCoinomic.net company try to offering the new solution through creating a global platform that enables individuals and small business to used their crypto assets as collateral when they want to loan the fiat money.eCoinomic.net will act as a third party and will be connecting the financial institutions like investment banks, family offices, and funds as lenders and individuals or small business as borrowers. eCoinomic.net will stand out beside the financial institutions and protect them with a maximum lending procedure for minimalizing the risk that associated with it. Besides that, eCoinomic.net also offering a low-risk yet profitable investment for any financial institutions.
eCoinomic.net Ecosystem
There is two main role in eCoinomic.net network, Lenders and Borrowers. A lender is a financial institution like investment banks, family offices, or funds. They will provide the need of loan in fiat currencies and will be protected by eCoinomic.net by a maximum lending procedure to minimalizing their risk. Meanwhile, the borrowers can be individual or small business. They need the role of CNC token in order to use eCoinomic.net platform.The mechanism for accessing eCoinomic.net is quite simple. The users have to pass the registration process which needs the law of KYC procedures. After that, the users must have the CNC tokens and be adding it to their new personal account. And after the launching of eCoinomic.net, the price of CNC tokens will be based on their exchange list, and the CNC tokens can also be used as a collateral.The main language that will be used within eCoinomic.net platform is Python. And the platform will be based Ethereum blockchain that will be including Smart Contract program. The Smart Contract will liquidating the change from collateral form to a loan and will be paying the interest rate. The maximum amount of single loan contract in eCoinomic.net is up to USD 10.000 and the maximum period for any user to sign their contract is for 30 days. It can be further prolonged after the previous interest and services fees charged have been paid by the users.
TOKEN
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.
TOKEN SALE DETAILS
Total Token Supply: Up to 2,100,000,000
Tokens Available for the Token Sale: 1,550,000,000
Accepted currencies: ETH, BTC, XRP, BCH, LTC, NEO, XMR, ZEC
Excluded countries: the USA (except for accredited investors), Singapore (except for accredited investors), Peoples Republic of China
Hard Cap: USD 106,000,000
Soft Cap: USD 6,000,000
Crowdsale Development Stage starts: 01.05.2018
Crowdsale Development Stage ends: 01.06.2018
Roadmap
2017
Origin of the ideaConducting cryptocurrency market research, technical solutions evaluationWorking team assembly, concept development
Q1 2018
First public information on the project
Early-stage development of the platform
Q2 2018
Pilot project launch in Russian Federation
Token Sale (Pre-sale stage)
International platform alpha release
Token Sale start
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
Q4 2018
Virtual cards issue
eCoinomics.net payment agent with open API launch
Platform launch - November for early adopters, December - public.
Q1-2 2019
Finance transfers from financial institutions and family offices
Expansion through global partnership with local microfinance organizations
Legal procedures for bonds issue
Q3-4 2019
Cooperation and technical connection with trading platforms
Issue of bonds
Procedure of crypto bank registration start
Q1-2 2020
IPO procedure initialization
First stage crypto bank launch (licensed in the UK and EU)
Q3-4 2020
Conducting the IPO
Details info:
WEBSITE: http://www.ecoinomic.net/
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=2897866.msg29799978#msg29799978
WHITEPAPER: https://ecoinomic.net/docs/whitepaper
EXPLAINER VIDEO: https://www.youtube.com/watch?v=C2wxK2uOAYY
FACEBOOK: https://www.facebook.com/ecoinomic/
TWITTER: https://twitter.com/Ecoinomicnet
MEDIUM: https://medium.com/@ecoinomic
TELEGRAM CHANNEL: https://telegram.me/eCoinomicchannel
TELEGRAM GROUP: https://telegram.me/eCoinomicchatroom
My btt profile: https://bitcointalk.org/index.php?action=profile;u=2191289
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