Some people are questioning how and why did AriseBank decides to reward that they think it's useless since it's an expiring token. I will give you a broader knowledge of how eACO will affect ACO holders and why AriseBank will buy them from us.
eACO a reward token
eACO is a reward token given by the AriseBank to all ACO holders that helped them. The first thing is where can we get this ACO? As of now the only way to acquire ACO is buying them in AriseBank pre-sale on their website. Click the image to join AriseBank pre-sale.
After this pre-sale you can still buy them through people that bought them during pre-sale through AriseBank Decentralize Exchange or Bitshares Decentralize Exchange.
What is the use of ACO?
The main use of ACO is it gives ACO holders rewards based on the earnings of AriseBank Decentralize Exchange.
- What is the reward?
The reward is eACO an expiring minted token that can only be used in the AriseBank platform.
- Why does it expires?
This is to make sure that ACO price will increase making everyone hold their ACO instead of selling them.
- What is the price of eACO?
The same price as ACO.
- Who's gonna buy an expiring token?
AriseBank will buy them from you by any means you want to use it based on their availabilty. For example, used them to pay your meal in restaurant or buy some merchandise through AriseBank VISA app or VISA card. You can also use them to buy digital currencies that is available in their platform.
- Why are they going to buy an expiring token?
It's a reward token for ACO holders from them. Based on the earnings they received on their exchange AriseBank will give a percentage to all ACO holders in the means of eACO. It means that the money is already in their platform, the earnings from their exchange. All you have to do is weather to exchange it to a digital currency or use them to purchase something using your AriseBank VISA app or VISA card.
- How long does it takes for eACO to expire?
As of now, I have no idea but I think it will last for a week or a month.
- Where can I get ACO?
ACO is now pre-sale on AriseBank website. Click here to join http://bit.ly/2DLHPrq
You can wait for them to be available in some exchanges after the pre-sale.
I hope this clears all the issue about eACO. AriseBank and Bitshares are on full force. Soon you'll see how this will affect Bitshares and AriseBank in a huge way. Making bitUSD more functional. AriseBank will integrate their exchange in the Bitshares DEX increasing the demand of bitUSD. You can also pay your merchandise or bills using bitUSD through AriseBank VISA app. This will be huge I can guarantee that.
Join now this is your chance to buy them before people start hodling them. http://bit.ly/2DLHPrq