eCoinomic - Loans: hedge crypto — get money!

INTRODUCTION

The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is eCoinomic, 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.
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.

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.

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. The purpose of CNC token is to pay service fees on the eCoinomic digital platform.

eCoinomic token on the platform will be market-determined meaning it will be based on CNC exchange price + 20%. For example, for a loan amount of 10 000 USD the service fee would be 60 USD, reflectedin CNC tokens. If the price of 1 CNC token equals 1 USD, the fee would be 60 CNC tokens. If the price of 1 CNC token equals 10 USD, the fee would be 6 CNC tokens.

Token Details

Token name: CNC

They 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.