Blockchain and Green Project In The Same Sentence?

Many of you may have never heard of EcoBit before, but today I am going to change that. Here is some of the FAQ's taken from the announcement on bitcointalk:

`WHAT IS ECOBIT?`

EcoBit is blockchain digital crypto token/coin which is decentralised and 100% transparent.

`WHAT IS ECO-CAPITAL/GREEN-CAPITAL?`

Eco-capital - also known as green capital - is a representation of “nature’s economic value”, a term used for natural living things; natural resources such as forests, water and air; and all natural assets such as the cap and trade system, and carbon trading (putting a price on carbon emission into the atmosphere). Eco-Capital is aimed for use to resolve environmental issues.

`WHY PARTICIPATE IN ECOBIT?`

There’s so many reasons why you should participate in EcoBit. Firstly, EcoBit has a huge potential to deliver exceptionally high returns. Secondly, investing in EcoBit is also a means to invest in a greener future. Thirdly, as a member of the EcoBit family, you will receive many benefits and perks. Fourthly, EcoBit not only focuses on green economy, but it also focuses on healthy living (Spirulina farm and Aquaponics Farm). Last but not least, EcoBit is on a mission to spread its green initiatives globally by educating people on green and sustainable projects by riding on its one-of- a-kind eco-tourism EcoBit Sanctuary hotel as a green education hub accessible to all EcoBit participants.

Note: Not all projects will take place. This depends on the total funds raised in the ICO.

`WHY DOES ECOBIT(ECO) HAVE A HUGE POTENTIAL?`

EcoBit has a huge potential because the projects that EcoBit ventures in are mostly undervalued and present enormous potential growth in the first place. Two key projects currently targeted are the Spirulina Farm and the Aquaponics Farm. These will contribute in the green economy that is already an extremely trending market that people are focusing on these days. There are also referral bonuses offered for those who recommend EcoBit to other investors.

`HOW DOES PARTICIPATING AND SUPPORTING ECOBIT SUPPORT A GREENER FUTURE?`

All EcoBit projects are sustainable, with green initiatives and are health oriented. Every purchase of EcoBit will contribute to our EcoBit green projects and that will directly reduce the carbon footprint in our atmosphere. Thus, the more EcoBit you own, the greater the contribution you are making for a greener future. EcoBit is available to anyone, from anywhere in the world which creates opportunities for individuals that have the desire to protect mother earth while earning returns.

`WHAT ARE THE PERKS AND BENEFITS IF YOU OWN ECOBIT?`

There are many perks you will receive depending on the amount of EcoBit you have. Some of the perks include free produce and organic products to bring home weekly, free stays at the EcoBit Sanctuary hotel and many others. You can find out more at our main website or by emailing [email protected]

`HOW DOES PARTICIPATING IN ECOBIT ALSO MEAN COMMITTING TO HEALTHY LIVING?`

Projects include Spirulina Farming, Aquaponics Farming, Honey Farming, Free Range Organic Chicken and Duck Farms. All these projects will create food and provide health benefits to people. Apart from that, we will be able to create a full blockchain supply chain for all our products. This means you can be assured 100% from where your food originated and you can trace it real-time in blockchain. As an EcoBit owner, you will get free access to all the farms and bring home the produce weekly (*terms and conditions apply). Find out more at our main website or emailing [email protected]

This project really sparked my interest just before the ICO, so i decided to contribute some towards this project. In the end, even IF this project is a complete failure, at least I can feel better about losing money to a good initiative rather than another stupid coin. I can say this because I have been actively watching the EcoBit team, and they actually ARE doing real work in real life!

The great thing about EcoBit is the same great thing that steemit has, Proof-of-Stake! Every 6 months you hold ECOBIT in the POS vault, you get "bonuses" (more ECOBIT), so that's a good incentive to buy and HODL!

The EcoBit website is being updated frequently too, showing the work they are actually doing, which is promising.