BlogWanggober: eCoinomic a digital platform providing traditional financial services to cryptocurrency holders

About eCoinomic.net

eCoinomic.net is a digital platform providing traditional financial services to cryptocurrency holders. Its premiere service is fiat loans backed by crypto collateral. The project aims to bridge the gap between fiat and crypto worlds by bringing together cryptocurrency holders and institutional investors/family offices into a single lending network.Visit here https://ecoinomic.net/

What is eCoinomic.net ?

eCoinomic.net is a digital platform providing traditional financial services to cryptocurrency holders. Its premiere service is fiat loans backed by crypto collateral.

Purpose

eCoinomic.net platform aims to fix two major issues of the cryptomarket:

Limited liquidity of the cryptocurrencies. eCoinomic.net brings family offices / institutional investors and attracts significant amounts of fiat money into the cryptomarket that are necessary for the creation of full-scale credit products. Makes fiat loans more accessible for crypto-owners by allowing them to use crypto-actives as a collateral.Read Whitepaper https://ecoinomic.net/docs/whitepaper

eCoinomic provides its users with financial management services of the digital assets

Lending - Secured and unsecured loans based on fiat money and cryptocurrencies
Investing - Long-term and short-term investments in cryptocurrencies and fiat money
Hedging - Mechanism of hedging the exchange rate risks for crypto assets
Crypto exchange - Including the function of managing collateral assets
Crypto payments - Payment agent with virtual cards issuance. Integration with the largest trading platforms (such as eBay and Amazon)

Top 6 strong points of the eCoinomic platform

Multicurrency - The eCoinomic platform will accept as collateral: BTC, ETH, LCH, BCH + TOP10 cryptocurrencies. Loans will be issued in: USD, EUR, GBP, JPY, CHF, CNY.
Fiat money transaction speed - With the help of the built-in payment agent, the crediting time for fiat funds will only take several minutes.
Price monitoring system - The system checks collateral value every minute based on the data from several crypto exchanges.
Security and transparency - Smart contracts regulate the procedures of blocking, returning or liquidating collateral assets.
Insurance reserve fund - It is designed to enhance the attractiveness of the project for large and small investors.
Fully functional alpha version - Will be available for testing after the Pre-Sale

Benefits for everyone

who purchased cryptocurrency as average and long-term investment expecting a high growth rate;

who received crypto assets as payment for goods and services (e.g. miners);

startups and funds who need short-term fiat funds;

Benefits For investors

Private sector investors who allocate monetary resources for the purpose of generating income;

Institutional investors who are interested in high profitability and low risk instruments.

How it works

Lending

Successfull Loan Closure

Unclosed Loan

ICO projects

eCoinomic.net wants to stress out that, in contrast with the most ICO projects, we do not intend to spend all of the funds we attract during the sale :

81% of funds gathered during the Token Sale Reserve stage is to be allocated to the Reserve only and will not be spent.
10% will be used to cover operational expenses of the platform before it becomes profitable.
9% will be used to cover marketing expenses for platform promotion.

Roadmap

Q3-4 2020 - Conducting the IPO

Q1-2 2020 - IPO procedure initialization First stage crypto bank launch (licensed in the UK and EU)

Q3-4 2019 - Cooperation and technical connection with trading platforms Issue of bonds Procedure of crypto bank registration start

Q1-2 2019 - Finance transfers from financial institutions and family offices Expansion through global partnership with local microfinance organizations Legal procedures for bonds issue

Q4 2018 - Virtual cards issue eCoinomics.net payment agent with open API launch Platform launch - November for early adopters, December - public.

Q3 2018 - Obtaining of licenses, developing solutions for different jurisdictions Token Sale finish Partnership with top global payment agents Signing the Letters of Intent with financial institutions and family offices

Q2 2018 - Pilot project launch in Russian Federation Token Sale (Pre-sale stage) International platform alpha release Token Sale start

Q1 2018 - First public information on the project Early-stage development of the platform

2017 - Origin of the idea Conducting cryptocurrency market research, technical solutions evaluation Working team assembly, concept development

Our Team

Our team has many years of experience in the real sector of economy, in working with banking and credit products. We are aware of the obstacles to the merger of the two markets: fiat and crypto currencies. Therefore, we are planning to implement in 2018 a platform that can work in the current legal and technical framework.

2005 - Legal and accounting services, financial consulting and audit.
2009 - Software development and telecommunications systems services.
2010 - Consulting and audit in the field of information technology; service for collecting and processing statistical data.
2012 - First orders from companies in the banking sector, conducting market research, automation of business processes.
2013 - Becoming a member of the group of financial companies; improvement of software products.
2015 - The origin of the eCoinomic idea; conducting blockchain studies, evaluating existing cryptocurrencies.
2017 - Creation of a working group, development of a platform concept and a loan product prototype.