I was browsing through a popular social media platform (Facebook) few days ago, and I saw two different sponsored advertisements posted by different individuals, trying to explain to their audiences about the benefits and values of EDC Blockchain. I was so thrilled by those adverts and concluded that EDC has the prospects to bring millions of people on the Blockchain and become the most precious and valuable coin.
I give kudos to the team behind the EDC Blockchain for its uniqueness and practicability, it is such an awesome ecosystem with real life applications and daily usability.
In the same vein, I will be doing a thorough analysis of the actual existing use of EDC Blockchain. The qualities and features that makes it stand out among other Blockchains and set it ahead of others and how you can be part of the movement.
For the sake of those that are just getting to know about EDC Blockchain for the first time;
EDC Blockchain is a global multi-currency platform with masternodes that mine EDC token through leasing, based on a hybrid LPoS mining algorithm and using Bitshares 2.0 Protocol that allows instant confirmation of transactions and network voting.
From the look of things, it is obvious that the EDC Blockchain is gaining momentum everyday and people are waking up to its practical life applications and the benefits embedded it. Here goes the actual existing use of EDC Blockchain;
Leased Proof of Stake (LPoS)
The first and formost actual use of EDC Blockchain is through its algorithm, which is Leased Proof of Stake Protocol (LPoS). EDC Blockchain operates by leasing of EDC coins to the Masternodes. Here is how it translates into actual use; the protocol allows people to lease out their bought EDC coins to the masternodes and earn some percentage interest on the token leased depending on the duration and the volume of coins leased.
For anyone who will lease EDC coins for the period of three month will receive a daily compound interest of 0.27% and monthly Returns on investment (ROI) is 8%. Those that will lease their coins for the period of six months will receive daily compound interest of 0.33% and monthly Returns on Investment (ROI) is 10%. For people that will lease their EDC coins for the period of one year will be receiving daily compound interest of 0.4% which accumulates to yearly Returns on Investment (ROI) of 12%. This is a wonderfully way to invest and earn good returns on investment.
ECROFUND
This is a great innovatie on the EDC blockchain that work in the order of Multi-Level Marketing structure which enables community members to earn from leasing to Masternode and also earn for bringing in new members into the system. This system encourages users to invite more people to lease EDC coins to the masternode, because the more they invite other users, the more their earning increases. The Members that can lease at least 30,000 EDC Coins to ECROfund becomes qualified for the Multi-Level Marketing bonuses which makes Users to earn 10% of the earning of their first three direct referrals. Not only that, they will earn 8% on the second level referrals up to the fifth level with decreased percentage earning. You can Register here
Tokenize your Business
EDC Blockchain is so designed in such a way that is full of real life use cases. I can not but appreciate the founder of this Blockchain because of its all encompassing features.
On EDC Blockchain, it is possible to tokenize your business, either small or medium scale business.
Tokenization is the process that allows you to secure electronic payments using data encryption system which helps in the scalability of your business. It makes payments and financial transactions on your business to be very secure and it affords you the flexibility of contactless payment methods for your business.
It means that, you can receive payment for any of your businesses at any time of the day from any part of the world. You don't have to be present to receive your money, it is paid directly into your business wallet. This is one of the existing uses of EDC Blockchain and is gaining momentum among business men and women all around the world.
The major advantages of this tokenization is that, it increases your capital base. People find it easy to transact with you and your business is not only localize to your community but becomes available for transaction to any interested person from all around the world. You can start the tokenization of your business here
Create your Cryptocurrency
Apart from tokenization if your business, EDC Blockchain makes it possible to create your own cryptocurrencies without being a Geek! I used to think that one must become a computer programmer with many years of experience on Blockchain technology to be able to create a cryptocurrency. But EDC Blockchain proofed me wrong by making creation of cryptocurrency as simple as ABC. One can actually create a cryptocurrency on EDC blockchain without being a Geek, right from the wallet's dashboard.
Creation of token is also relevant in the tokenization of businesses, you can decide to create a Cryptocurrency as a means to tokenize your business. It means that people will make use of your Cryptocurrency to pay in your business outlets.
You can start the creation of your token here
Conclusively, EDC Blockchain is too useful than to be ignored by anybody. Its uses cut across many stratas. One beautiful thing about EDC Blockchain is that, it adds values all of its use cases and seeks to improve lives of the people.
For More Information
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EDC Blockchain wallet: petox34