Ecoinomic Platform is a new crypto currency platform, built using the blockchain technology, this platform aims to provide crypto currency owners with Fiats loans,to solve one of the major problems of digital assets investors and Traders of this market, which is the lack of liquid funds and fiats currency to profit from the opportunity that crypto markets offer due to the high volatility of those markets.
What are the main problems that this ICO will solve ? :
1-Cryptocurrency and digital assets have not yet reached the level of massive adoption by government and people,and this low level of mainstream adoption is due to the lack of knowledge about this technology, security problems, difficulty to convert then into real cash all this problems have stopped them from being a collateral for loans from bank and financials institutes for people that request loans and give cryptocurrency as collateral .
2-the rapid growth of the prices of crypto currency has change the life of many investors in the world and improved their life condition but at the same time this investors and business owners that have cryptocurrency holdings need funds to improve their business or Cash for their daily life , this means that the only solution for them,is to give their cryptocurrency holdings as a collateral for loans .
3-At this present time, Bank, and private creditor won't accept cryptocurrency such as: Bitcoin, ethereum and ripple as a collateral for loans due to the high volatility of this digital assets, the risk of crashes in the crypto markets, and security problems, for these reasons getting a cash loans become difficult when you use Cryptocurrency as a guarantee of your loan.
What are the solutions that the Economic platform will offer to solve these problems:
1-With Ecoinomic platform you will be able to Get a loan in fiat currency, and be able to use your crypto assets as a collateral for your loan .
2-On this financial platform, you will not be asked to sell your crypto assets for fiats currency, rather you will be able to use as a collateral, for example you want to Use 1 Btc as a guarantee for the loan that you requested, when you pa back the loan with the interest, you will get back 1 BTC.
3-Ecoinomic platform will serve as a bridge between the crypto community and financials loan industry such a banks and institutional creditors and a guatetend of loan based on cryptocurrency as a collateral .
4-This firm, will bring more liquidity funds into the crypto markets, will offer real investment opportunity for traditionals financials institutions and will provide cryptocurrency entrepreneurs and business owners with a solution to develop their activity and expand them .
The utility token of the platform is CNC token , it is an ERC20 based crypto currency, this digital currency will used to pay the fee of the platform, the token sale is live now on the Ecoinomic site, you can buy this token using Ethereum, Bitcoin, Ripple,Bitcoin Cash, Litecoin, Neo, Monero, and Zcash, the token sale will end on 31/05/2018 .
For more information about this token please visit their official website right here : https://ecoinomic.net/
Please read their whitepaper right here : https://ecoinomic.net/wp.php