A recent tweet from the President of America, Donald J.Trump generated a lot of uproars in the crypto space and resulted in some Fued which literally affected the price of some foremost Cryptocurrencies like Bitcoin and Ethereum. The tweet reads;
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.... Source
The general perception of people about cryptocurrencies is that they do not have any real life use, or attach to anything substantial to make them relevant in our day to day activities. Many people believe that all cryptos are based on hype generated by the team and paid influentials.
The sincere truth is that, some virtual currencies fall within the category of no real life use but it is NEVER all cryptocurrencies that do not have real life use.
I am writing against this backdrop to get people informed about a wonderful cryptocurrency with various real life use cases and to let President Donald Trump know that, it is not all cryptocurrencies that are tied to thin air just as he described.
EDC is an amazing cryptocurrency with various use and benefits in businesses both small and medium scales in terms of tokenization of businesses and ECRO Marketplace. EDC Blockchain has changed the fortune of many individuals through its practical life application of ECROFUND MLM and general leasing.
Means of Payment for goods and services
One of the goals of EDC Blockchain is the creation of a convenient exchange system of goods and services around the world based on EDC. This is a real use case where the token is used as a means to pay for goods and services. As a matter of fact, EDC is gaining more grounds and is being introduced all over the world! People are adopting the use of EDC as a viable means of transaction and is becoming popular by the day.
Example of EDC use cases
Typical example of real life use cases of EDC are Chinese cities of Putian and Xiamen where you can easily buy a smartphone from local retailers with EDC coin! EDC has gone to the extent that is acceptable by many people. In Putian, buyers get their goods from retailers and pay EDC in returns. When this continues like this, the implication is that, the demand for the coin will increase and what will follow is price increase.
The latest development and news available to me is that the tentacles of EDC coin is been extended to Toronto, Canada. Now, there will be places in Toronto where you can purchase your goods and use EDC as a means of payment starting from the month of July, 2019. All these stands EDC coins out as cryptocurrency with real life use cases. Other places will soon join the league, I am sure that Nigeria as a country will soon join the nations where EDC coin is been accepted as a means of payment for goods and services from the way Nigerians are so passionate about EDC Blockchain and are expanding their reach day after day.
Tokenize your business
On the EDC Blockchain, there is a feature that enables you to create your own coin. Yes! That is very true, users on EDC Blockchain have the opportunity to create their own digital currency using coin constructor on the platform. It is very easy to create cryptocurrency on the EDC Blockchain which each individual can use as a means to customize their businesses. You can have a token for your business or even create a token as an individual.
The created token can serve many purposes ranging from tokenization of businesses to scalability of business. What it means is that, users can have a special token through which buyers pay for their transactions. This will enable the business to grow to a height where people don't need to make physical contact with you before paying for your goods and services.
Not only can users create their own tokens using the coin constructor in the EDC Blockchain but also be able to market their products. Visit the Website
ECRO Marketplace
ECRO Marketplace is another feature by EDC Blockchain that has a real life use case. It aids users not only to use the leasing benefits on EDC Blockchain but also for users to take advantage of the large community of over 1 million users to market their goods and services.
This profer solution to the problem of many people around the world, which is the problem of where to market their goods and services. It is not enough to have fascinating goods and render quality services if the people that will patronize are not available. Many people have goods to sell but no available platform to market such goods.
ECRO Marketplace provides an avenue whereby users takes advantages of EDC community of over 1million users to market their goods and services. On ECRO marketplace, you can get investments for your startup or business development and enlist the support of a large community of users. What other real life use case is bigger than this practical approach that solves real life problems?
ECROFUND
On EDC Blockchain, there is possibility of leasing coins to an ECROFund supernode and receive daily passive income. Ecrofund initiative has been a life saving machine for some people as they receive EDC coins into their wallets daily. ECROFUND work in order of Multi-Level Marketing (MLM) businesses in which users and beneficiaries have the opportunity to refer others and earn some percentages through their referrals.
I explain in greater details in this article
about leasing on EDC Blockchain. Take time to read it if you have not read it before, it is a good eye opener.
In conclusion, it could be seen that EDC Coins have good prospects and offer opportunity for people all around the world to take full advantage of the Coins through real life use cases that are embedded therein.
For More Information, visit;
Website:https://blockchain.mn/
Whitepaper: Whitepaper:https://blockchain.mn/wp-content/themes/blockchain/EDC_Blockchain-presentation_(EN).pdf
Facebook:https://www.facebook.com/EDCBlockchain/
Twitter:https://twitter.com/EDCBlockchain
Telegram Channel:https://t.me/EDCBlockchain
Bitcointalk profile:https://bitcointalk.org/index.php?action=profile;u=2338476;sa=summary