eCoinomic — The Next level financial opportunities based on crypto assets
Introduction
eCoinomic is a Platform that spotlights on giving and creating budgetary administrations, utilizing Blockchain innovation as the reason for its development.eCoComic gives a monetary administration that clients can without much of a stretch, securely and more astute. eCoinomic gives a superior and more quick witted access to money related administrations for Crypto Holders.
eCoinomic is produced utilizing a straightforwardly incorporated framework and assets that help the making of a superior budgetary biological system. eCoinomic utilizes Blockchain innovation as the establishment of the Platform, utilizing this innovation eCoinomic will convey a superior budgetary support of Crypto Holders around the world. eCoinomic gives a money related administration that will give clients an administration identified with their computerized resources. eCoinomic gives a loaning, contributing, supporting, trade, and crypto installment benefit, completely coordinated specifically into one stage that is solid and savvy. eCoinomic is created by a group of experienced and experts in the field, who see that the monetary market today has numerous holes. eCoinomic gives a safe loaning framework in view of digital currency. eCoinomic gives a superior access to the client's interest over the long haul or short. eCoinomic is additionally coordinated straightforwardly into administrations like eBay and Amazon, enabling clients to have the capacity to pay specifically utilizing the eCoinomic installment line. Each exchange made by the client will be founded on a CNC token, which can be utilized by the client to execute or put specifically in a long or brief timeframe. This token uses an ERC 20 framework, in light of Ethereum Blockchain. eCoinomic can be a fleeting credit answer for new companies that require finance infusions or long haul or here and now speculations. eCoinomic has an answer identified with the utilization of muticurrency. eCoinomic gets in excess of 10 sorts of digital money and backings customary cash for loaning. eCoinomic utilizes a smart contract framework, which will manage each exchange performed by the client. eCoinomic means to make a straightforward and more gainful monetary environment and can suit the money related requirements of clients.
Advantages
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.
Multicurrency
BTC, ETH, LCH, BCH +TOP10 are accepted.
USD, EUR, and later GBP, JPY, CHF, CNY are listed among fiat currencies for loans.
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.
About ICO
The eCoinomic platform already has a working prototype for internal use. The Alpha release is scheduled for public testing after the successful Pre-Sale. The development team of eCoinomic platform pays particular attention to the financial safety of investors and creditors by refining the smart contracts that enforce the fulfillment of loan obligations.The international team behind the project has 5 years of fintech experience and possesses a strong background in developing software products for the banking sector. They have a clear vision on how to set up worldwide payment transactions with fiat and cryptocurrencies. The eCoinomic head office is in London, UK. The project is negotiating with international payment system for supporting Alpha release. eCoinomic offers a fair level of discounts to the participants of Pre-Sale and ICO.
Moreover-eCoinomic(CNC)
Too often over the past time, mainstream media would rush to call for “crash” each time when the price of bitcoin even slightly sank. A day or two was required for bitcoin to regain its losses given its volatility. Considering the cumulative market fall, it is more like a genuine crash.Crypto-economy demonstrates a significant drop in prices. Both Bitcoin and top coins decreased in price by more than 15%. For instance, it is the first time since Thanksgiving eve when Bitcoinfell below $10,000. Besides, Ethereum fell below $1,000 whereas XRP, the Ripple payment network token, erased $32 billion of its market cap in a few hours.
eCoinomic(CNC)-The Token
Token represents project value that can be different: income, possession of the property, receipt of goods or services or a symbol of the project’s gratitude for the funding received, without any obligations coming from the project. In case if the token is being meaningful, there is a chance for people to start using it and the token price will go up. Tokens draw more and more attention with the increasing number of crypto holders including speculators who do not care about the functionality, but the profitability. In this context, speculators are cryptocurrency investors and traders who tend to jump off the train at the first signal of danger, selling depreciating tokens.
ICO is a new way to introduce tokens, the price of which will be established by the request of the coin initiating team. It is initially set up during the ICO and can be changed later after the listing at the exchanges where price will be regulated by the market.Users and speculators are the two main factors that affect the price of the cryptocurrency. In most cases, they influence the volatility of the course and the level of crucial support. Even the strongest cryptocurrencies have insane volatility, which clearly demonstrates that none of them have an overwhelming number of loyal users. It happens because pure speculation is always able to jeopardize the confidence of conservative investors.
User’s expansion results in the growth of capitalization of the cryptocurrency. Thus, its volatility decreases as well as speculators interest, which often indicates that particular crypto assets become mature. From an investor’s point of view, it is the end of a highly profitable investment instrument. However, rapidly growing number of projects shows that there will be more and more cryptocurrencies to gain profits from.After a few days, it is still unclear what actions South Korea is going to take. Country is considered to be one of the three biggest global cryptocurrency markets. That`s why any uncertainty in the current policy of the country results in bad investor sentiment. Besides, the lack of clarity for the news coming from China still drives the entire coin market down further.Masao Muraki, global financial strategist at Deutsche Bank, along with two colleagues Hiroshi Torii and Tao Xu, wrote the note about lack of fluctuation and volatility in the current stock market which is leading investors to look elsewhere to make money. That’s the primary reason why there is a growing interest of institutional investors in more risky investments like cryptocurrencies. “Now, a growing number of institutional investors are watching cryptocurrencies as the frontier of risk-taking to evaluate the sustainability of asset prices. The result is that institutional investors, who are supposed to value assets using their sophisticated financial literacy, analysis, and information-gathering strengths, are actually seeking feedback about the market from cryptocurrency prices (which are mainly formed by retail investors).”Masao Muraki made a point that the price of Bitcoin and other the mainstream cryptocurrencies will continue to rise as investors continue to turn to the crypto market to make money as long as volatility in the stock market is the decreasing.At the moment the situation has stabilized, but the overall the decline continues. It is not the first time when crypto-currencies overreact. Now, it is obvious that government involvement such as regulatory measures by China and South Korea have a high impact on the cryptocurrency market. High participation level of Asian countries results in the significant overall influence of the region to the whole market.
Roadmap
For more information please visit:
Website: http://www.ecoinomic.net/
Twitter: https://twitter.com/Ecoinomicnet
Facebook: https://www.facebook.com/ecoinomic/
Telegram: https://telegram.me/eCoinomicchatroom
Ann Thread: https://bitcointalk.org/index.php?topic=2878954
Author: LuckyPalm
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1636278