"Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency."
"The currency is called Eco, and Camp wants it to be a digital global currency that can be used as a payment tool around the world for daily-use transactions."
"There will be one trillion tokens issued initially, of which 50% will be given away to the first one billion verified humans that sign up. 20% will go to the universities running trusted nodes, 10% will go to advisors, 10% will go to strategic partners, and 10% will go to a newly formed Eco Foundation which will be responsible for creating and maintaining the network. Camp as well as a small number of partners affiliated with Expa will also donate $10M to seed the foundation with an operating budget."
This is pretty interesting. Uber's business raised Billions of dollars very quickly so they could have the same thing happen with their cryptocurrency.
I'm going to watch Eco very closely and see what happens.
https://eco.com/whitepaper?locale=en - Here is the link to their website if you would like to sign up early and earn some tokens!
Sources: https://techcrunch.com/2018/03/01/uber-co-founder-garrett-camp-is-creating-a-new-cryptocurrency/
