EcoStart - A new approach to financing of ecological projects

Environmental protection describes the practice of protecting the natural environment by individuals, organizations and governments. Its objectives are to conserve natural resources and the existing natural environment and, where possible, to repair damage and reverse trends.

Due to the presence of overconsumption, population growth and technology, the biophysical environment is being degraded, sometimes permanently. This has been recognized, and governments have begun placing restraints on activities that cause environmental degradation. Since the 1960s, environmental movements have created more awareness of the various environmental problems.

There is no agreement on the extent of the environmental impact of human activity and even scientific dishonesty occurs, so protection measures are occasionally debated.

Defining the EcoStart project

The idea here is having the project Ecostart on the blockchain as way of contributing to the preservation of the planet. How does it go then? The platform seeks to raise funds and an ecological lottery. A portion of the funds from the lottery will be committed to financing environmental projects.

The problem often faced by those who are concerned about our environment is funding. Investment in the environment doesn’t come in a way that meets those objectives and so, the project seeks to tap into the cryptocurrency market. The main aspect of the EcoStart project will be the new cryptocurrency it’s developing, called TerraEcocoin. Part of the commission from the opearations of the coin will be channeled to the Investment Environmental Fund (IEF) for the eventual financing of environmental (green) projects.

EcoStart: leveraging the blockchain technology

In designing its local coin it will make use of Proof-of-importance algorithm. It’s leveraging the technology of blockchain because of its secured digital registry, and the fact that it will guarantee safe storage and transmission of its currency – TECO. The popularity of the digital currency is on the increase by the day as more people are discovering the prospects associated with it especially when compared to conventional money.

The platform is tokenizing the process of financing environmental projects using Token Generation Event (TGE) service to create derivative tokens and smart contracts for each startup.

By using blockchain the role of middlemen who link investors and financial applicants is completely removed and the process is made easy especially in giving access to investment services plus the fact that it brings owners of crypto into the investment process.

The introduction of blockchain here will also give more reliable security when compared with normal day-to-day technologies.

The platform will be created on Ecostart’s block system that will meet its requirement for cost-effectiveness, reliability, and speed. Currently, the ecosystem uses Ethereum where smart contracts at the ICO stage are written on it. The platform combines several technological solutions including applications that are already in use, into a single system.

EcoStart uses the blocking technology to solve several tasks at the same time, from the creation of fundraising services to writing down information on trading operations of clients and to the sale of tokens in the ICO. With the transparency aspect of the blocking technology, customer confidence in EcoStart grows to admirable levels.

The EcoStart Ecosystem has seen the integration of the TECO cryptocurrency to enable all ecosystem services to be carried out with it. With increased transactions and activities on the EcoStart platform, and the higher the participation of buyers and sellers of the cryptocurrency, the more benefits all participants will receive.

The development of the cryptosinger as a communication channel also opens up environmental enthusiasts to a convenient and functional mode of communication in the ecological community while ensuring maximum confidentiality and anonymity.

ROADMAP

JANUARY 2019

ICO
Start PRE-ICO
FEBRUARY 2019

ICO
Start ICO
MARCH 2019

Listing
Listing of tokens on the exchange
JUNE 2019

PLATFORM
Alpha version
AUGUST 2019

PLATFORM
Launching a mobile application
SEPTEMBER 2019

TECO
Release of TECO Blockchain
SEPTEMBER 2019

PLATFORM
Beta testing platform
OCTOBER 2019

PLATFORM
Open API for developers
NOVEMBER 2019

PLATFORM
Finish of the project
DECEMBER 2019

COMMUNITY
Formation of an ecological community on a platform
Our Team

For more information, please visit the following link:

Website : https://eco-start.com/
Whitepaper : https://eco-start.com/docs/pdf/wp_en.pdf
Facebook : https://www.facebook.com/ecostart.eb.9
Twitter : https://twitter.com/start_eco
Telegram : https://t.me/ecostart2018
Reddit : https://www.reddit.com/r/EcoStart/
ANN Thread : https://bitcointalk.org/index.php?topic=5079313
Bitcointalk username: https://bitcointalk.org/index.php?action=profile;u=2093849