Sunday, July 29, 2018

AN IN DEPTH REVIEW ON ECOINOMIC.NET


It is normal for everyone to go broke, run into financial challenges or need some extra cash to fund a project once in a while. Most times when we are illiquid, we remember that there is a coin or token that can be sold but the little problem is that these cryptocurrencies cannot easily be converted to fiat, and also most people buy cryptocurrencies for its future value, so they find it difficult to trade it for fiat to solve their urgent financial needs. So what then do you do? The next thing they think of is to get a loan.
Sometimes we run to family members to get small loans, sometimes to friends to bail us out because when we think of financial institutions, it can be quite tedious. For starters, they will not give you a loan without you having a collateral, the loan process is cumbersome and long, also the whole documentation can be exhaustive. What if I told you there is a shorter process to this issue? Do you know that you can actually use those cryptocurrency assets that you do not want to sell as collateral for fiat loans??
INTRODUCING ECOINOMIC.NET
Ecoinomic.net is founded by a team of experts and professionals who have over 10years experience in Fintech and software development industries. Ecoinomic.net proposes to act as intermediaries between lenders and their borrowers such as lending houses and financial institutions. Ecoinomic.net will create a decentralized platform that lends fiat money to individuals and small businesses who are in need of financial assistance. With Ecoinimic.net you do not have to sell off your precious cryptocurrencies anymore. You also do not need to own physical collateral to get access to loans.
Also, Ecoinomic.net acts as a store of value for your cryptocurrency. The long procedures and documentation required in traditional loan procurement processes are eliminated. Ecoinomic.net helps to bridge the gap between the virtual and the real world by bringing financial institutions to the Ecoinomic platform.
Furthermore, #ecoinomic.net also serves as a guarantor to the financial institution because they are responsible for the loans that lenders collect from borrowers. In a situation where the lenders refuse to pay back or are unable to meet the payment deadline, ecoinomic.net is held responsible for such payment.
TOKENOMY AND TOKEN SALE
The official token to be used in the Ecoinomic.net platform is called CNC Tokens. The CNC tokens are ERC-20 standard and are built on the Etherum blockchain. It is also a utility token. The CNC Tokens will be used by lenders to pay for services on the platform.
There are different stages for the Token Sale
The current stage is valued at 0.11 till 24th of July and this price will get higher as the Token sale comes to an end.
Total supply is 2,100,000,000
Available for Token Sale 1,550,000,000
For more information or to contact the team kindly make use of any of the following links
AUTHOR'S
BITCOINTALK USERNAME: johnyjay
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1819701
TELEGRAM USERNAME: @jayyd

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