ECOINOMI - The Trusted Blockchain Cryptocurrency Ecosystem

INTRODUCTION

Cryptocurrency is essentially digital money traded from one person to another through the use of pseudonyms. There are no intermediaries like banks, no governmental oversight or authority, and no fees. The "crypto" in cryptocurrency refers to the use of cryptography to ensure the security and privacy of every transaction.

New coins are created through a technique called mining. The process requires powerful computers that solve complex math problems. Each problem should take about 10 minutes to solve, and results in the creation of a predetermined number of coins. The total number of coins that can be created is fixed — there's a limit of 21 million bitcoins that can be created. The number of coins rewarded for solving each problem dwindles as time goes on.

Bitcoin is believed to have been created in 2009 by Satoshi Nakamoto, an enigmatic figure who has so far proven all but impossible to definitively identify. By using cryptography to control the creation and tracking of a digital currency, Nakamoto took that power away from central authorities like governments.

Bitcoin was the first and most famous digital currency, but you can choose from more than 1,500, including ether, litecoin and even cryptokitties. For awhile, you saw these currencies only in the darkest corners of the internet, where people used them for all sorts of questionable, even illegal, activities. Drug dealers liked them because they made transactions all but invisible, and trolls at the Kremlin-backed Internet Research Agency used bitcoin to finance their campaign to influence the 2016 election.

That started to change in 2014, when Overstock became the first major US retailer to accept bitcoin. Companies like Expedia and Microsoft followed suit. 

One of the biggest misconceptions about cryptocurrencies is that you need thousands of dollars to invest. It's an easy assumption to make, especially in the case of bitcoin, which stayed under $1,000 from about 2010 to 2017. But then it took off, surpassing thousand-dollar milestones at a pace that seemed quicker than you could refresh your phone.

The staggering value is off-putting to many. But unlike most stocks, you can buy a fraction of a bitcoin so you don't need thousands to get into the crypto game.

As more technological advancements are uncovered, ECOINOMI aims to highlight some economic problems and how the e-commerce platform aims to solve them using blockchain and cryptocurrency to improve the daily life of every individual came on board.

OVERVIEW OF ECOINOMI

ECOINOMI aims to highlight some economic problems and how our e-commerce platform aims to solve them using blockchain and cryptocurrency to improve the daily life of every individual by creating Ecoinomi escrow based applications that will serve as a medium of TRUST for the common people in every transaction they carry out.

In addition, the Ecoinomi ecosystem is engineered to interdependently power four separate sectors using our primary currency - XCOM and the multicurrency wallet as it accommodates every individual.

The primary goal of XCOM is to improve the lives and standards of the common people. The Ecoinomi ecosystem will serve as cryptocurrency exchange for listing tokens created by companies during ICO for immediate exchange to XCOM or FIAT.

Ecoinomi escrow based applications will serve as a medium of TRUST for the common people in every transaction they carry out. Ecoinomi will strive to be a comprehensive global gaming platform where individuals and full-time gamers can transform their time and needs into money
using the XCOM Token.

THE PROBLEM

The reason is not far-fetched as there is less awareness to the common people. Only Trades, Investors and corporates are currently utilizing the currency presently.

Even Recently, the classified market has been characterized by a lot of fraudulent activities and fraudsters. According to research agencies based in the US, Over 57% of all ads on Craigslist are «fast collections» and fraudulent.

THE SOLUTION

Escrow based applications can be fully considered to be the salvation for the common man in carrying out free, safe and fair transactions. Our escrow based application is offering the common people and virtually everyone the security needed when trading online, this can be applied to buying and selling cars, real estate and other business related niches.

Buyers and sellers can enjoy the benefits of security and protection during the buying and selling of goods, services and property.

ECOINOMI aims to promote cryptocurrency awareness by creating Crypto applications that are readily applicable and usable in the Daily life of every common man.

THE ECOINOMI APP

Mobile APP

Store your crypto tokens, coins and digital assets safely and securely on your mobile device, including Bitcoin, Ethereum and ERC-20 tokens. Track assets you have stored somewhere else – such as on a hardware wallet or an exchange. ECOINOMI Multicryptocurrency Wallet gives you a complete view of your entire portfolio in one place, with rich analytics to show how you’re doing.

Android & IOS APP

Mobile app development is a term used to denote the act or process by which a mobile app is developed for mobile devices, such as personal digital assistants, enterprise digital assistants or mobile phones. These applications can be pre-installed on phones during manufacturing platforms, or delivered as web application using server-side or client-side processing to provide an "application-like" experience within a Web browser.

Live crypto rate

Latest cryptocurrency news

Cryptocurrency exchange

THE ECOSYSTEM

ECOINOMI will be built to meet the economic needs of the common man. In this area, the company strives to highlight some of the economic problems and how their e-commerce platform seeks to solve them using blockchain and cryptocurrency to improve the daily lives of everyone.

The ECOINOMI system is created exclusively for one purpose - to serve ordinary people by integrating cryptocurrencies into their economies, which will completely change the order of transactions. ECOINOMI is built with some powerful functions. The ECOINOMI system will serve as a cryptocurrency exchange for listing the tokens created by companies during the ICO for immediate exchange on XCOM or FIAT .

ECOINOMI is going to provide business intelligence, which is absent in this area. It will not only offer very low commissions and a good level of security that most exchanges cannot guarantee, but it will be available not only online, but also offline. Company ECOINOMI proposes that each charge transfer tokens made in XCOM , was lowered, and was organized by the voting system, to list some free tokens ICO.

Applications based on ECOINOMI will serve as a means TRUST for ordinary people in every transaction carried out by them. ECOINOMI aims to be a blockchain based online site that uses blockchain technology and cryptocurrency to facilitate the exchange of goods and properties in an environment without fraud, using smart contracts as escrow.

THE XCOM TOKEN

The XCOM token is deployed on the Ethereum mainnet as an ERC20 token. The Ethereum Blockchain and the constantly growing community is considered the standard for digital tokens and provides the perfect environment for the XCOM token.

The XCOM token primary purpose is for transacting within our Platform. For using any of the ecosystem features:

Gaming

Online classifieds

Decentralized lending

Exchange.

XCOM tokens can be used to settle any fees on our platform, including but not limited to:

Exchange Fees

Transaction Fees

Collateral on the lending platform

Discount on Fees

Listing Fees for the Exchange

Future exclusive services

Token Sale Details

This is a non-regulatory means of raising funds for a new company of cryptographic value. Start-up companies use the initial coin offering (ICO) to bypass a rigorous and regulated capital increase process required by venture capitalists or banks. At Ecoinomi, we aim to offer a percentage of the XCOM tokens to Participants willing to support the development of the Ecoinomi platform in exchange for fiat currencies and other cryptocurrencies such as Ether, Bitcoin, Litecoin or Dash.

The Ecoinomi (XCOM) ICO is required to enable us raise funds for the further development of the Ecoinomi platform. Interested participants are required to make pledges in any of the above listed cryptocurrencies to the designated crowdsale address, which will be visible on the dashboard.