These days, not a day goes by without crypto being discussed in the news, tabloids or on the television etc. The rise of cryptocurrencies has been phenomenal and like any sudden event in the history of mankind, we are quite unprepared for the challenges that comes with it. The growth and boom of the crypto industry, has seen an influx of people from all ages, race, and works of life. Definitely, we are looking at the good bad and ugly all coming to have a slice of the pie. Issues like security, portfolio management, exchange of fiat to crypto and vice-versa eventually crop up. ECB thus steps in to restore hope, calm the nerves of edgy newbies, support the nerds etc .while bringing something different to the market, a bank with trading and exchange seamlessly integrated.
European Crypto Bank
Think of a bank that gives you full protection, guides you, aids you in exchanging of fiat to crypto or vice versa, think European Crypto Bank. The European Crypto Bank, is the final bus stop, the one stop solution for all your needs pertaining to cryptocurrencies, product, and services. With a KYC that is unbeatable and a superb AML in place, both individuals, businesses, and investors are verified and Tax rules of countries are respected thus making money laundering impossible.Features like robot advisors and human tax advisories will be part of the services offered.
Problems ECB aims to Tackle
- Conversion of the crypto portfolio to traditional assets
- Security
- Lack of Confidence and adoption
Solutions
Conversion of Crypto portfolio to fiat:
ECB is quite aware that one of the greatest challenges facing traders and investors is the conversion of their portfolio to fiat. With the hostile traditional banks not eager to lend a helping hand, ECB steps up as the middleman — not just a trading platform but also an exchange platform thus lifting the burden of crypto to fiat conversion(s) off the shoulders of the investor.
Security
In March of this year, hackers where able to attack Binance a cryptocurrency trading platform, How, you may wonder. It seems the hackers used login credentials obtained earlier by luring users onto a fake version of the Binance site. Then, the hacked users’ accounts were used to drive up the price of a relatively unknown coin called Viacoin and the gains made quickly moved into a number of accounts under their control(hackers ). This reminds us of the need to always be security conscious and trade only on platforms like ECB which has all the security features to give customers and investors peace of mind.
Finally, mass adoption can only come from gaining the trust of customers. below is a better illustration of what ECB aims to do.
Token Details:
Presale of ICO: February 1st, 2018–20:00 Gmt +1
Token Sales Start Date & Time: February 16, 2018–20:00 Gmt +1
End Date & Time: May 1st , 2018–20:00 Gmt+1
Sale Duration In Days: 75 days Maximum Funding Cap: Eur 200 mio
Minimum Funding Cap: Eur 5 mio
Token Price Early Bird Bonus 54 %: 1 ECB I or S = Eur 0.63
Tokens Distribution: May 4, 2018
Payment Accepted: BTC, ETH, ETC, LTC, XRP, DASH, BCC and FIAT
Team:
Chief Executive Officer (CEO)
Olivier Forgues
Strong experience in equities,bonds and derivatives. Seen everything from the 80's to the internet bubble of 2001 , sub primes of 2007 and even the Eurozone crisis of 2011. Founded AFIDEM, Eurostock and also Associate Director for UBS(UBS Wealth Management in Paris and UBS Wealth Management in london for 8 years). Created La Nouvelle Gestion Sarl and La Nouvelle Finance SAS, a full regulated Asset Management company in France , which became Forgues Gastion SAS. He speaks English ,French and Italian.
Head Of Development
Mikael Misard
Background in finance specialized in chartered accountancy and IFRS studies. He worked as a back-office advisor in Société Générale bank in La Défense. In 2007, He founded Woospeak company, an e-learning company providing 400 teachers in more than 30 countries. Woospeak works with more than 500 SME and Large European companies and organizations such as Natixis bank, BMW, Bose, Adobe, Crédit Agricole, Barclays, Canon, Saint Gobain. Siemens… Woospeak obtains ISO and OPQF certifications in France and Italy. Mikael develops and manages decentralized human organization connected by cloud and SAAS applications.
CHIEF TECHNICAL OFFICER BLOCKCHAIN SPECIALIST
Cyprian Kowalczyk
Founder and CEO of iRonin.IT Web, DevOps & Mobile development agency providing high quality, fast, maintainable, scalable web, mobile and devops solutions in agile way for US & European startups and enterprises. He helped to build US and European fin-tech startups’ web platforms. Cyprian is specialized in full stack development on Ruby, Elixir and Node.js, API design & on native and hybrid OS, Big data. and using react, ember.js, vue.js, angular and GO. He worked in IT for the past 18 years and has background in Management and Econometrics.
and a host of other capable hands.
Conclusion:
According to Olivier Forgues(Ceo ECB) — Expectations are high, by offering a secure cryptocurrency exchange platform, liberalized and connected to the modern financial world.
In essence, ECB aims to provide the best secured trading and crypto Exchange platform, while at the same time taking care of your “crypto assets” and seamlessly converting them to fiat without any legal hassles or money laundering charges.
Please relevant links below
Website: https://europeancryptobank.io/
Facebook: https://www.facebook.com/EuropeanCryptoBank/
Telegram: https://t.me/europeancryptobank
Bountyhive Username: Farouk
An excellent banking platform for cryptocurrency
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Unique and outstanding project worth investing.
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Please incase you desire more information, you can ask me or check relevant links
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What an awesome article. Impressive
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Nice information about the project...
I like what they are trying to solve
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Thanks clerktai. The future is crypto
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How much have they raised so far on their i c o, may be will make consider if the project will be successful
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Thanks for your question taeewo, i am certain softcap has been reached. But for avoidance of doubt, i will reachout to the team to get you a specific figure. Thank you
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How do one invest? Is the ico still open? I think this project has good prospects.
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