If you’ve been trading bitcoin for a while, you’ve probably used a few different exchanges. EcoWatt stands out among the possibilities, including regulated exchanges like Coinbase and Binance and decentralized exchanges (DEXs) like Uniswap and Binance DEX. EcoWatt is a socially conscious next-generation renewable energy firm that intends to disrupt the green energy business by producing the world’s first easily accessible community-driven renewable energy firm. EcoWatt is launching a renewable energy platform and issuing the EcoWatt Token, allowing the community to participate in EU electricity markets, invest in renewable energy assets, and build the infrastructure needed for peer-to-peer energy trading. Let’s take a quick look at cryptocurrency before going on to EcoWatt.
Let’s Know About Cryptocurrency?
A cryptocurrency is a form of money that is digital, encrypted, and decentralized. Unlike the US Dollar or the Euro, a cryptocurrency has no central authority to manage and maintain its value. Instead, these obligations are distributed among cryptocurrency users across the Internet. Cryptocurrencies, unlike centralized digital money and well-known banking institutions, usually have decentralized control. It’s a form of digital information that’s distributed across multiple machines and runs on a network. Because of their decentralized character, they can exist outside of the control of governments and central authorities. Cryptocurrencies are virtual “tokens” that represent system ledger entries in online payment systems.
What Is EcoWatt Token?
The EcoWatt ecosystem uses a native coin called EcoWatt. The core value of the EcoWatt Token is derived from physical revenue-generating renewable energy assets. The EcoWatt solution is a Tokeny-developed ERC20 compliant T-Rex token distributed on the Polygon Network.
Tokonomics
● Token Name: EcoWatt (ECW)
● Total Supply: 1.000.000.000 ECW
Token Offering
● Private Sale: 15/05/2021 - 15/06/2021
● Minimum Buying Amount: 125.000 EUR, sophisticated investors only*
● Cryptocurrencies Accepted: Bitcoin (BTC), Ethereum (ETH)
● Token Issue: 55.000.000 ECW Lock-up Period: 6 to 12 months
● Liquidity Mining Pool: 07/2021
● Minimum Buying Amount: 100 EUR
EcoWatt Ecosystem
Holding and Staking Rewards: After a three-month lock-up period, Hodl and Staking rewards are calculated daily. Settlement occurs quarterly, following the trust’s reporting schedule, and stable currency incentives are sent straight to the token holder’s wallet.
EcoWatt Lending Platform: The EcoWatt network will enable a lending functionality that will allow users to borrow money in fiat in exchange for EcoWatt Tokens. All members who stake their coins will be eligible for low-cost loans and low-cost loans to sustainable energy and social impact projects.
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EcoWatt Payment Cards: The EcoWatt Wallet mobile application will be linked to a prepaid debit card, allowing cardholders to spend amounts tied to the app. The goal is to supply the community with high liquidity and to integrate crypto solutions into daily life.
Community Governance: EcoWatt wants to give the community a say, so they’ll be paid for helping to identify initiatives and vote on social and environmental impact projects. The community will vote on social impact projects put up by the trust and other third parties, assisting in creating a cleaner, greener, and more sustainable world. A member is required to spend a set portion of their EcoWatt Tokens on community-based activities.
All of the above capabilities are accessed through a customizable dashboard that is simple to use and does not require any prior understanding of crypto exchanges.
Finally, you should be aware that EcoWatt is still a developing platform. It is a safe and trusted platform for clients, with unique features that may aid their personal development. This is a platform that I strongly advise investors to use. They may decide to invest in this platform in the future to improve their chances.
Read More Here:
➡️Website: https://ecowatt.io/
➡️Telegram: https://t.me/ecowatt
➡️Facebook: https://www.facebook.com/EcoWatt-110305757909105
➡️Twitter: https://twitter.com/Ecowatt_
Creator:
➡️Bitcointalk Username: Crypto rev Thing
➡️Profile Link: https://bitcointalk.org/index.php?action=profile;u=2371318
➡️Wallet: 0xd0AFBF17983996b055Dc3fF84B342Fad0C4698C4