A cryptocurrency is a digital or virtual currency designed to work as medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless conditions are fulfilled.
In early 2009, an anonymous programmer or group of programmers under an alias Satoshi Nakamoto introduced Bitcoin. Satoshi described it as a ‘peer-to-peer electronic cash system’. It is completely decentralized, meaning there are no servers involved and no central controlling authority. The concept closely resembles peer-to-peer networks for file sharing.
Defining the platform’s Token – Xcom Token
The platform’s token is hinged on the Ethereum mainet, defined as an ERC20 token. The idea of the token – XCOM is for the carrying out of business within the ecosystem. Available are the following features of gaming, online classifields, decentralized lending and exchange.
Understanding Ecoinomi world
Ecoinomi has an ecosystem that is dedicated to serve the community by matching cryptocurrencies into their economy and believe me, it’s going to change greatly the way and manner transactions are performed.
The project will be a cryptocurrency exchange for quoting tokens designed by companies during ICO for immediate exchange to the token – XCOM or cash.
The platform will also give the business intelligence that the world of cryptocurrency is lacking. The catchy aspect of it is in the fact that the fees will be low, with security maximally guaranteed, quite an improvement from what is existing among so many exchanges.
There are a number of sticking issues in the industry such as fraud, misinformation, and poor buyer confidence.
ECOINOMI seeks to address these issues in the following ways:
Users of the platform will be able to guarantee that every ad on project is cross checked and is safe.
Also, users will be able to monitor products that have been bought and where there is a challenge, sellers can be singled out and instantly notified of such issue appropriately.
The Ecoinomi project will make use of smart contracts created on the ethereum blockchain and the advantage with this is such that fake materials gotten can be easily identified and such transactions reversed and the buyer will have his money given back to him.
The platform has an Escrow based application that could be considered a solution to the ordinary man in performing transactions that are free, safe and fair.
Also contained in the Ecoinomi world is an all-encompassing global gaming platform where individuals and full-time gamers can change their time and needs into money by making use of the Ecosystem’s token.
Another interesting feature of the project is that holders of its tokens can earn extra by staking their tokens in the Ecoinomi network for a certain period of time because the XCOM token is POS- Proof-of-Stake smart contract on the Ethereum blockchain.
Token Distribution
Total supply = 100,000,000 xcoms
Public sale = 35,000,000 xcoms
Pre sale = 15,000,000 xcoms
https://ecoinomi.io/
https://ecoinomi.io/index.html#whitepaper
https://t.me/ecoinomi
