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The world is witnessing a tremendous change as technology is being improved on daily to make life better and things faster. New inventions keeps coming out daily and old ones are improved on to serve humanity in a better way. This tremendous change has also affected the online market in a great way by the invention of blockchain. So much of the blockchain technology have been proposed and lots of them are already implemented making cryptocurrencies like the bitcoin and ethereum gain mainstream acceptance. This unique technology has attracted millions of people because of its high security, low fees and anonymity. It is expected that cryptocurrency value will increase and this has attracted millions of people up to about 5.8 million unique users creating wallets, with the result that the market capitalization of all cryptocurrency has reached USD 25 billion in March 2017(Hileman and Rauchs, 2017).
Cryptocurrency has over years changed the way people trade commodities now in the world making transactions faster and transparent. Cryptocurrency initially wasn’t accepted by lots of people and countries as they thought it wasn’t good for the finance industry but over the years people have seen the benefit of cryptocurrency and has come to accept it. Few countries have even gone as far as adopting its use to make transactions more transparent and faster. Blockchain relies or decentralized control and has a great potential to be implemented as a payment system because with it, transactions can be validated and secured without the presence of a trusted intermediary party. Despite the great uniqueness and fullness of the blockchain, it is faced with some challenges which includes;
• Obtaining banking/money transfer operator relationships
• The high cost of regulatory compliance (Hileman and Rauchs, 2017).
• User-unfriendly wallet which is designed to deter unauthorised entry (gaining access, users must type or copy a long randomized private key).
These shortcomings of the blockchain inspired a team of experts led by Mateus Yonathan (Founder an Analyst programmer) to develop/create a payment gateway system using blockchain technology that reduces the cost of transfer to bans, complies with the regulatory authorities of most jurisdictions and presents a user-friendly interface. This unique platform is called EAGLEPAY.
This unique EaglePay system has been planned to be developed through discreet steps which includes;
• Creating EagleCoin, an ethereum token, that function as a digital asset.
• Conducting an ICO of EagleShare, a 100% pre-mined token that represents the ownership of EaglePay Holding.
• Releasing EaglePay.
UNIQUE FEATURES OF EAGLECOIN
Some of the unique features of EagleCoin includes:
• Proof of Stakes (PoS)
• Token can be staked without GPU and without turning on your computer since everything runs in Ethereum Blockchain and the staking in the first year is 100%.
• Ethereal-based Blockchain
Supported by powerful ethereum blockchnain mainnet network
Contract: 0x994f0dffdbae0bbf09b652d6f11a493fd33f42b9
• Community support
• EagleCoin community is a place where all can share knowledge and experience about BlockChain. Join the telegram group today https://t.me/eaglecoinworld
• Max supply 12 million
• Exclusive total token and much more can be found in the whitepaper. Visit https://eaglepay.io/eagle-whitepaper/
• Ready Exchange IDEX (https://idex.market/eth/eagle) Decentrex(https://decentrex.com/#EAGLE-ETH), EtherDelta(https://etherdelta.com/#EAGLE-ETH) StocksExchange(https://stocks.exchange/trade/EAGLE/BTC)
Eaglecoin is the first step which users in the EaglePay project aimed at creating/ developing a unique payment gateway system using blockchain technology. Eagle is an ERC20 Ethereum token which functions as a digital asset. EagleCoin holders will receive a 1:1 EagleShare above the ICO (Initial Coin Offering). Each EagleShare represents one ownership unit of EaglePay Holding and all EagleShare holders will be given an annual dividend (if any) from the net profit of EaglePay Holding. This dividend will be given as an EAGLE (unit of EagleCoin) and / or ether. All EagleCoin investors will receive three unique benefits which includes;
• EagleCoin investors are eligible to receive a staking reward
• As an EagleShare holder, they will receive an EagleShare token and dividend (this depends on the performance of EaglePay Holding)
• EagleCoin investors will receive a profit if the value of EagleCoin increases.
We believe the value of EagleCoin will increase significantly, however it is important to note that we cannot determine the current price target as they depend on the market mechanisms.
ROADMAP
The final stage of the EagleCoin project is to create a payment gateway system using a blockchain technology that is both user-friendly and meets regulatory requirements. However, to reach that stage, EagleCoin has to be release first. Below is the EagleCoin project roadmap and the estimated timeline:
August 2017 EagleCoin community building
October 2017 EagleCoin release in exchange
January 2018 EagleCoin Android wallet
February 2018 Tor network integration
August 2018 EagleShare ICO
2019 EaglePay release
ANDROID WALLET AND TOR NETWORK INTEGRATION
The EagleCoin Android wallet integrated with the Tor network will be released to enable EagleCoin holders access their wallet in many places where PCs or laptops are not available to them. The Tor network will make the transaction process difficult to be traced and provide with an anonymous transaction. The user’s transaction data is sent through Tor network to make it anonymous and difficult to trace before entering to the Ethereum mainnet. The Android wallet will also make EagleCoin more accessible to all users.
EAGLEPAY
EaglePay is a payment gateway system based on blockchain technology whereby third parties can access the gateway to meet their individual needs using EaglePay’s Application Programming Interface (API). EaglePay uses a distributed ledge to record transactions instead of using a centralized ledger. Users of EaglePay can transfer any amount of money to another user directly without any third party and therefore transfer process can be conducted in a low cost.
EaglePay has its own blockchain which enables it to secure each transaction. EaglePay benefits from blockchain technology through security and low fee transactions but complies with legal requirements and has a user-friendly interface. EaglePay uses fiat currencies as a reference instead of being based on cryptocurrencies as value references for the e-money token.
BENEFITS OF USING THE EAGLEPAY BLOCKCHAIN
The EaglePay blockchain has some benefits which makes it unique for usage, these benefits includes;
• Low fee for all transactions both under the same issuers or different issuers.
• Faster transaction even with other issuers
• Autonomous clearing process
• Issuers do not need to create and manage their payment system, the EaglePay payment system is both robust and secure.
• Secure for online transactions, users do not need to give their personal data to merchants
• The opportunity to become a forger on the server and receive a portion of the transaction fee. Issuers, acquirers, merchants and other parties may join as forgers to secure the network and receive a portion of the transaction fee.
Eaglecoin’s vision is to make EaglePay a micro payment gateway system that is accessible to a lot of users, has low fee, complies with all jurisdictional rules and it is easy to use. EaglePay has the ability to create several business opportunities for both individuals and enterprises. These unique features includes;
• Virtual credit card
• Peer to peer lending
• Supply chain finance
EAGLECOIN SPECIFICATION
• Name: EagleCoin
• Symbol: EAGLE
• Decimals: 18
• Standard: ERC20
• Platform: Ethereum
• Maximum Coin Supply: 12,000,000 EAGLE
• Initial Supply: 3,600,000 EAGLE
• Minimum Coin Age: 3 Days
• Maximum Coin Age: 90 Days
• Expected annual staking reward for coin holder:
Year 1: 100%
Year 2: 50%
Year 3 until Maximum Coin Supply Reached: 10%
EAGLECOIN DISTRIBUTION
When EagleCoin is released, 3,600,000 EAGLE (30% of maximum coin supply) will have been created initially. The amount of coin to be distributed at that time will be:
● Developer: 1,500,000 EAGLE
● Marketing and Others: 1.500,000 EAGLE
● Bounties and Air Drop: 600,000 EAGLE
THE EAGLECOIN TEAM
Join this great project today and let’s move into success together. To get more information about EagleCoin project and to connect with other participants all over the world, please click on any of the links below
WEBSITE: https://eaglepay.io/
WHITEPAPER: https://eaglepay.io/eagle-whitepaper/
FACEBOOK: https://web.facebook.com/Eaglecoin/
TWITTER: https://twitter.com/EagleCoinID
TELEGRAM: https://t.me/eaglecoinworld
ANN: https://bitcointalk.org/index.php?topic=2367333
Authored By: teejayrichard
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1265803
Wallet: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F