eCoinomic ICO Overview| Loans: hedge crypto — get money!

brainerdpaul (-2)(1)in #ico • 6 years ago

Cryptocurrency has emerged as the true saviour for the users of the digital world and has provided us with a new hope of trust and transparency. The market capitalization and the number of users across the world is a clear indication of the popularity of Bitcoin in such a short span of time. A few years back nobody cared about cryptocurrencies but the situation has totally changed today. People, governments and business have become interested in the cryptocurrency and the technology behind it. Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is ECOINOMIC.NET

You may be contemplating on the crypto coin that will be best for your investment. You might have even found yourself investing in one of these Cryptos but you did not gain your profit as you expected because, some developers, after hitting their target and making a huge sum of money, dropped the project, and left investors in the middle of no where. All hopes are not gone. Lets start a new page in you new or next journey to investment for profitable earnings. I will be introducing you to eCoinomic.net project which provides a scalable solution for fiat lending to the cryptocurrency owners.

eCoinomic.net provides a scalable solution for fiat lending to the cryptocurrency owners. During the first stage we create a lending platform that connects individual borrowers with institutional investors’ and family offices’ financial resources. During the later stages we add a variety of financial services including full-scale banking services.

eCoinomic.net platform provides financial services to crypto holders by way of investment and asset management, exchange, transfers and mutual settlements between users and partner projects.
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.

PROBLEMS ECOINOMIC.NET AIMS TO SOLVE

Currently, digital assets are not widely recognized as financial assets and therefore cannot serve as collateral. At the same time, selling cryptocurrency for short-term cash withdrawal and then repurchasing it becomes a risky and unprofitable measure due to a high volatility and commissions of intermediaries.
The rapid growth of the value of digital assets creates a dilemma for their owners: on the one hand they require funds for business development / renewal of miner hardware / improvement of their living conditions, on the other hand they seek to preserve their cryptocurrency with the aim to increase its value significantly and in a short time. Getting a loan in cash requires time for considering an application, collecting additional documents, assessing the collateral or
presenting a guarantee. Ultimately, the bank can deny the loan due toan inadequate or unfavorable credit history.
At present, creditors do not accept digital assets as collateral, that makes it impossible to obtain real money against a security of cryptocurrency through traditional financial institutions. And private creditors do not guarantee security and transparency of the transaction.

SOLUTION PROVIDED BY ECOINOMIC

eCoinomic.net creates a global network that lends fiat money to individuals and small businesses using crypto assets as a collateral. Thus there is no necessity to sell crypto assets to get a loan. eCoinomic.net platform serves as an intermediate service between financial institutions that act as lenders and the individuals that act as borrowers. eCoinomic.net takes the role of a guarantee for financial institutions — all the risks associated with a lending procedure are eliminated by eCoinomic.net that provides full financial coverage of the loan.
eCoinomic.net brings financial institutions such as investment banks, family offices and funds to the platform.
eCoinomic.net business model offers a solution of low-risk profitable investments to financial institutions. eCoinomic.net brings more liquidity to the cryptosphere by attracting such investments. #eCoinomic.net

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.

HOW ECOINOMIC.NET WORKS

ADVANTAGES OF THE PLATFORM

• 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.

TOKEN AND ICO DETAILS

eCoinomic Token (CNC) is an ERC20 utility token, based on Ethereum blockchain.

Token name: CNC

We 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 gathered during the Reserve Stage

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

WHY YOU SHOULD INVEST IN ECOINOMIC.NET

eCoinomic.net seeks to create a global network that will lend fiat money to individual and small businesses startups.
It has a model that will proffer a solution to low-risk profitable investment to financial institutions
eCoinomic.net is in conglomeration with Sauber Group – a company working in services financial and fintech
It features a built-in payment agent for crediting time for fiat in lesser time period
It has a price monitoring system that check collaterals value every single sixty (60) based on data for other exchanges
It will accept multicurrency such as BTC, ETH LCH and other top ten (10) as collateral

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