Uber Co-Founder Garett Camp Just Launched His Own CryptoCurrency, Called ECO

in crypto •  7 years ago 

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There's no doubt Uber has been at the forefront of the news for the last couple of years, and there were some strong reasons for that (both good and bad): from disrupting the transportation business up to questionable management approaches.

And there we go again, this time just asymptotically touching the brand: one of its co-founders, Garett Camp, just launched his own token, called ECO. Yes, the domain name is really eco.com which says a lot about the amount of money already invested in this thing.

As far as I can understand from the website, there will be no ICO, but there will be an airdrop. Meaning half of the one trillion tokens that will be issued will be distributed to the first billion of registered (and verified) users. 20% will go to the universities running trusted nodes, 10% will go to advisors, 10% will go to strategic partners, and 10% will go to a newly formed Eco Foundation which will be responsible for creating and maintaining the network.

Camp - and some other partners - will "seed" the foundation with $10 million.

I didn't read the white paper, so I can't give an informed opinion about the nature of this token, but it will make for an interesting lecture during this weekend. I just wanted to give the news first, and also give you the chance to sign up. Who knows, maybe the first billion spots will be taken by tomorrow.

Joke aside, I will be coming back with another, more detailed article, if there will be enough material from the white paper. In other words, if this token will really solve a problem, and not just try to piggy-back the hype.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.


Dragos Roua


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Maybe he should implement with SMT :D or maybe they should accept crypto for Uber . I’d use it all the time

Hi.

half of the one trillion tokens that will be issued will be distributed to the first billion of registered (and verified) users.

Do you have a direct link through which one can partake of this? This opportunity must nitvpass mecby.

Thanks for the information

It's in the post.

Thanks. I did not notice the link before. Got it now!

Success loves speed, you know?

Thanks @dragosroua for sharing about ECO, just signed up to collect the airdrop...

Hi
I am sure boss. If you luanch your own coin called DRAGCOIN ... IT WILL GET FULL SUPPORT FROM STEEM MEMBERS...
I am not joking.
Think of it
I will be the first one to support you and helping you.
😚

THANK YOU FOR YOUR USUAL SUPPORT

This is really great news, when we have big shots at the forefront of crypto currencies it means we are going the right way and not just that, i believe we are going towards the only way in the long run

Was having a discussion with my brother about the decentralizing of currency itself, just today. It may be heading towards personalized tokens in a trust rating system something like eBay.

Interesting, I'll be reading up on their website and then i'll sign up! They don't need to run an ICO thanks to the big name behind it for sure, just with "co-founder of Uber" you probably get people throwing money at you for any project you want.

Are you f**king kidding me???? These are just the kinda good news I wana be hearing everyday about crypto...thanks a lot @stephenkendal for bringing this news to us.

Name's @dragosroua, but I like how you think... :)))))

It is just copy paste from another comment. Please forgive him

Lolz actually it wasn't copy and paste...why would I do that? I actually was feeling really sleepy but wanted to comment before I sleep off and this was the outcome...I am so laughing at myself right now.hehehe

  ·  7 years ago (edited)

Lolz sorry @dragosrous had sleep in my eyes when I was making that comment...actually I just finished commenting on @stephenkendals post before I saw urs and that's why I mixed it up.

The very important information I really like my blog will resteem your information to my blog

THANK YOU FOR YOUR USUAL SUPPORT

This will be popular just because it is from the co founder of Uber - credible names go such a far way! Interesting thanks I might have a browse of the whitepaper

Sir today's article was to good. There are you written about some greatest points. Keep it up and well done sir.

thats a good news world getting involved with crypto. crypto is one of the best revelation.

If this token is used as a means of payment accepted by uber on global scale.

If it is support by Visa and have its own card

If it the white paper promise that it will be listed in top exchanges

If the token is ERC20 compliant

I will consider it in my portfolio, but i need to read their road map first.

wow thank you

At first I have read EOS instead of ECO. These seem to be good guys airdropping tokens to universities and things like that :D

More and more companies embracing crypto currency and it's a good sign.

now this is a big news coming in wonderful thanks for updating about it :D

good news but if all new platform moving towards crypto i think there is no future of curent currency system

Thanks @dragoaroua for such a wonderful suggestion .... What are your takes on whether it is perfect time to buy z - classic or its time is over...... I hope you will reply soon

just signed up lets see what we get quite excited for this one

@dragosroua
Your brief and very informative post is one of the reasons I love Steemit!
Thanks for the heads up regarding the new ECO token, which sounds like a good one in the already flooded crypto market!
I'm always interested in new digital currency, and how it will benefit us all. I'm a #newbie when it comes to cryptocurrencies and recently purchased a few: HempCoin (THC) Is one that I was interested in, due to the fact that the Agricultural Hemp Oil industry is becoming very popular in producing this medicinal THC free oil. I also own 30k of Doge which is always a fun coin to have in your wallet.
@bittrex is my choice of exchange, and also use the FREEWALLETS on my mobile devices, as they are very user friendly for people new to the world of digital currencies - https://freewallet.org/
I've just registered at https://eco.com/ and register for the airdrop, which was pretty easy to do (have your mobile phone to hand as they send you an sms confirmation code) -
Thanks again for the heads up man!
It's much appreciated!
Kindest
@mrbloom

this is going to be a huge successful campaigns might be going on a new level

this is an awesome news uber might join in too