Ecoinomic.net - FLAT LOANS AGAINST CRYPTO ASSETS COLLATERAL

ku10ng (25)in #blockchain • 6 years ago

What is 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.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.

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

The Goal

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.

The Problems

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.

About ICO:
The presale began on 15 March and the public launch of ICO took place on May 1, 2018. 150 million tokens formed a total token inventory. 45% of total inventories are reserved for presale and public sales. 5 million tokens and 63 million tokens are allocated to presale and ICO. Each token is priced at $ 1. Presale comes with an extraordinary 85% discount lowering the token to just $ 0.15. During ICO you can take advantage of bonuses in the 40–50% range, depending on how early you participate. Softcap and hardcap public sales are $ 9 million and $ 35 million respectively.

Road Map :
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