I'm Back !
This time I will review a project from Korea, so we rarely hear the project from there.
Let's start..
As we know that now the development of blockchain technology is increasingly fast and widely used. Cryptocurrency is not only about the market or bitcoin, finance sector, games, health, etc. have already enlivened the crypto world. Now ED projects also enliven the crypto world with several offers.
What is ED Platform?
Engineering & Industrial design Data Platform.
This platform protects the global value of E-data, allowing users to quickly share and protect their own value and copyright. Data as one of the areas where the most complex fusion in industrial design. The company's industry data belongs to the highest level of security.
Companies with industrial design are small-scale and do not operate forever like any other companies in the industry. Need special attention for the data to be useful in the future. If engineering data and industrial design data confined in a heavily pile of files from a number of design firms are shared, we can expect bigger advance in the industry as a whole.
How it work?
Combining centralized DB and decentralized Dapp to provide a cryptographic ecosystem is a unique way that can pursue mutual benefits among users. Direct designers, creators, and users are matched via ED Platform, which can eliminate excessive brokerage fees. When a creator provides a drawing to a platform, a smart contract on the intellectual property of that product is executed.
ED TOKEN
As has been said before, need special attention for the data. ED platform not only increases the value of the data but protects it too. E-data can be exchanged with tokens via a data value authentication system. The first creator to provide it is recognized by the block chain and is rewarded for the contribution. Users exercise their voting rights via the coins that they have in this process, and as more users participate in the platform, the data becomes closer to integrity.
Name : Engineering & Industrial design Data Coin (EDC)
Total Supply : 10,000,000,000 EDC
Value : Tokenization of E-data service
EDC is a utility coin based on ethereum and complies with ERC-20. EDC is used by EDC Ecosystem to exchange reward and services for participants. All transactions in ED Platform are made by ED Coin.
The usage of EDCoin is :
- Autonomous E-data P2P trading system
- Voting participation and voting rights
- Participation in competition and crowdfunding using passwords
- Using various ED Platform services
EDC can be rewarded through promotions or airdrops. EDC due to token compensation such as voting system, air drop, and contribution can be easily confirmed in Transaction history. For the tokensale there is no official date yet, maybe in the future it will be announced.
Currently there are 2 types of wallets, mobile and web wallet. Both mobile and web wallets can be moved directly to the Ed Platform to easily purchase desired E-data. Wallet with a large amount of coins keeps a variety of benefits for the contributor, creating a platform where coins are continuously circulated to maintain and expand the participants.
ED Platform has a C2C tab that can exchange creatives and EDCoin directly with users, so you can quickly get coins as needed when you have the work you want. If EDC is marketed and valued in the future, you can check the profit of the linked account on a chart. ED Wallet and ED Platform can be used systematically as a Dapp.
ED's TEAM
Well, its a brief review of this project, next time I will discuss this project further.
For more information you can visit the links below. Hopefully can help
Website : http://edcoin.kr/en/home_en/
Twitter : https://twitter.com/edcoinproject
Facebook : https://web.facebook.com/EDCoinproject/