Sunday, July 29, 2018

ECOINOMIC.NET- BRIDGING THE GAP BETWEEN FIAT AND CRYPTOCURRENCY THROUGH LENDING


A crypto enthusiast who is also a businesswoman gets a one-time offer from her business partners but she doesn’t have enough money to fund her deal. She goes to the bank to ask for a loan, but they fill her hands with loads of documents and she is asked to bring the documents to her collateral, but guess what, she has no collateral.
Now, she remembers that she has some digital assets that she can sell use as collateral, but the borrowers refuse, she is thinking about selling her digital assets in order to raise money for the deal, but because of the nature of cryptocurrencies, she will have to do some conversions back to her local currency and before this may happen, and the deal may have expired or she may not want to sell because she wants to hold them until they reach higher prices. This is quite a tight situation that could happen to anybody.
It was because of such instances and the problems of converting digital assets to collateral that a team of experts and Fintech professionals came together to found eCoinomic.net. eCoinomic.net creates a platform to aid cryptocurrency owners to easily convert their digital assets to loan collaterals. As we know, the major challenge facing the global acceptance of cryptocurrency is the fact that it is not very easy to convert it to FIAT and this leads to rejection from financial institutions when individuals or small business owners approach them for loans. Lenders do not have to sell their cryptocurrency before they request for loans. Lenders get fiat based loans using their cryptocurrency as collaterals.
eCoinomic offers an ecosystem which financial services to the crypto community. Cryptocurrency owners can easily invest, transfer, and exchange their funds seamlessly on the eCoinomic.net platform. The cost is transparent and fair. This system benefits the holders of crypto and also investors in the platform. The concept itself creates a win-win situation. eCoinomic is a platform that aims to provide financial services related to those holding cryptocurrency. Users are free to choose their list of services and take advantage of the services that apply to them.
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

No comments:

Post a Comment