The birth of blockchain and cryptocurrency has opened up a new door of limitless opportunities, right now different spheres of human activities have been benefitted significantly from this development with the financial service sector topping the chart when compared with every other sectors that has been impacted by this. The financial service sector is slowly tilting towards cryptocurrency completely, with the involvement of banks you can tell it is not going to take long before it gains global acceptance. However, even with the promising prediction from experts about the expected growth of cryptocurrencies, digital assets has not yet gained global recognized as financial assets and due to this reason it cannot be used as collateral.
Imagine if we can acquire loans using our digital assets, I bet you would agree life will be a lot easier for us all, as we will obviously get a chance to avoid the hassling procedures you pass through when trying to get loans in cash, as we are required to provide different documents, access collateral or present a guarantee. The most annoying part is still being rejected sometimes after we have gone through these frustrating procedures or sometimes because we have inadequate or unfavorable credit history. Also, the acceptance of digital assets as collateral is a no-no for creditors. All of these lingering issues are some of the reasons why the founders of eCoinomic.net are introducing this unique platform of theirs that will help eliminate every single one of the aforementioned problems. The eCoinomic.net founders who has been together since 2001, are part of a large syndicate of companies called Sauber Group. Over the years, they have successfully introduced various innovative projects which have improved the service, financial and fintech industries significantly.
Driven by a goal to address two major cryptomarket challenges which is the limited liquidity of cryptocurrencies and inaccessibility of fiat loans to the crypto community, the eCoinomic.net team is providing a global network that lends fiat money to individuals and small businesses using crypto assets as collateral. If you ask me, I think this is going to make life a whole lot easier for us all, it is clearly going to be a win-win situation as borrowers no longer needs to sell their crypto assets in order to acquire loans, the services of the usual non-transparent, risky and tricky intermediaries is terminated and eCoinomic.net will offer a very transparent and risk free mediatorship between the lenders (financial institutions) and borrowers. With the eCoinomic platform a user is gifted the opportunity to do so much, you can lend (secured and unsecured loans), Invest (long-term and short-term), hedge (exchange rate risks), exchange cryptos, make crypto payments (using virtual cards) and so much more.
FEATURES OF THE PLATFORM
• Multi-Currency: Collateral (BTC, ETH, LCH, BCH + Top 10 Cryptos), Loans (USD, EUR, GBP, JPY, CHF, CNY)
• High Fiat Transaction Speed
• Price Monitoring System
• Highly Secure and Transparent
• Insurance Reserve Fund
• A Fully Functional Alpha Version
AN ICO WITH SO MUCH DIFFERENCE
The Crowd Sale will commence in 3 stages, which include the Pre-Sale, Development stage (softcap) and reserve stage (hardcap). I have come across so many ICO’s but what eCoinomic is doing is unbeatable. In order to guarantee a solid credit portfolio they plan not to spend 81% funds gathered during token sale, but instead allocate it to reserve only, 10% will be for operational expenses while the remaining 9% will be for market expenses.
Pre-Sale: Over 4.7 million raised (Closed)
Development Stage (Softcap): USD 6 million (Reached Successfully and Closed)
Reserve Stage (Hardcap): 106 million (Begins 1st June 2018)
CONCLUSION
eCoinomic.net is proving beyond all reasonable doubt that they are experts in this field, having taking a look at the concept of the project, I am convinced they have made an intense research of these problem before coming up with this project. This project is going make an emphatic entrance into the world, I am glad they offering us a chance to be a part of the birth of this KING PROJECT. You may have missed the previous stages of the token sale which has been a major success, but please I beg you not to miss the final stage. You can get more insight about this disruptive project, the team, advisors, partners and also connect with the other participants around the world by clicking any of the links below;
RESERVE STAGE OF CROWDSALE: STARTS JUNE 1st 2018
Website: https://ecoinomic.net/
Whitepaper: https://ecoinomic.net/docs/whitepaper
Telegram: https://t.me/ecoinomicchatroom
✍️ Authored By: Gabinsight
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1742297
Please Follow me for fresh updates about latest and promising project/ICO's, I will always follow back. Thank You.