Over the years, the astonishing innovation known as cryptocurrency continues to bring about many advantages to different global sectors and people, especially in making payments fast, secure and versatile. Also, cryptocurrency cannot be counterfeited unlike fiat money due to cryptography and blockchain.
As earlier mentioned, benefits accompanied with cryptocurrencies are vast and diverse, but these perks only exist because of the technology that supports fundamental development of cryptocurrencies in general.
Nevertheless, cryptocurrencies thrives and functions as a popular means of payments in this era of digital technology. Since cryptocurrency is domestic to the internet, hence it can be seamlessly incorporated into any digital system.
Availability of Internet has given cryptocurrency the right boost to be a key factor in the world of technology and finance, thereby generating opportunities for huge number of unbanked individuals to partake in the booming wealth ecosystem that is fair and equitable. People are targeting cryptocurrencies as robust investment assets because of extreme price volatility. These cryptocurrencies wild price swings can help investors to obtain increased profits unlike conventional investments assets.
Today, many cryptocurrencies exist with their individual usecase which continues to motivate people to either invest, trade and utilize these digital assets as payments vehicle. This article will enlighten readers about ESP Coin, a cryptocurrency developed with innovative usecases to fuel every activity across ESP ecosystem.
WHAT IS ESPCOIN ABOUT?
The ESPCoin is designed for the ESP ecosystem which is embedded with advanced applications. ESP coin runs on Ethereum Blockchain and complies to Erc20 token standard, wherein this cryptocurrency will help ESP Project achieve it's goals as well bring sustainable growth to the ecosystem.
ESP Project is created to focus on invigorating the Education system payment, Energy and Solar programs and Electronic Supply Chain Payments and many others, through leverage of technological driven ecosystem of modern products and services powered by ESP utility token (ESP Coin). ESP Project 's developers have taken notice of the flaws and limitations in each of the aforementioned areas and intends to provide better solutions to help people worldwide.
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Targeting a large audience, ESP Project' s robust ecosystem works in conjunction with ESP coin to provide frictionless payments and diverse usecases which is relevant in this era of digital technology.
Focusing on Education, ESP Project introduces an application that links up teachers, students and parents as well operates as student information and management system. Within this application, attitude monitoring, communication, evaluation of attendance and performance is made easier. Furthermore, ESP Coin plays a key role in this ecosystem by being a medium for payments of school services, student wallet funds and supply chain payments.
In regard to Energy and Solar Programs, ESP Project will utilize decentralized finance approach to establish a framework for lending and borrowing, to support solar programs. Hence, renewable energy programs or startups can be funded by various corporations and institutions, which contributes immensely to increased generation of renewable energy resources.
For SupplyChain Payments, ESP Project enables ESPCoin to be used as a payment vehicle through an electronic cash register network. This helps to mitgate pressure of inflation, reduces risks of poor monetary policies and encourages price stability in the supplychain marketplace.
TOKENOMICS
Our initial ERC-20 Token on Ethereum is E$P.
Max Total Supply: 400 Billion Tokens
Pre-public allocation: 50 Billion Tokens (Restricted)
Max Total Supply After Burning: 50 Billion Tokens
Noteworthy, 1 % Transaction tax will charged be for each ESP Coin transfers while Buy Back is initiated through 90% profit from active operations (return on capital) collected to purchase tokens in open circulation. All Token bought will be burnt and remain unavailable for recirculation until max circulation reduces to 50 Billion.
In conclusion, the transaction tax and buyback strategy coupled with relevant usecases of ESP Coin will help facilitate continuous growth of the ESP ecosystem, promote faster adoption of the currency and improve the market price of ESP Coin over time.
Use the official links below to get more information ;
● Website: https://espcoin.io
● Telegram : https://t.me/espcoin_news
● Facebook : https://www.facebook.com/ESPcoin-110509951269169
● Twitter : https://twitter.com/ESP_coin
● Reddit : https://www.reddit.com/user/ESPcoin
● Linkedin : https://www.linkedin.com/company/74051545
● Github : https://github.com/espcoin
Writer Details ;
BTT Username : Johnson Knight
BTT Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary
Wallet Address : 0xD379c5e528a5d32ff44197a81a7fD4233E8b65D3