INTRODUCTION
In this age of globalization, time is of the essence for everyone. At this time that digital currency has been introduced to reduce transaction time. The cryptocurrency was originally known as a payment system that allows people to be able to make transactions very fast, without third parties, in a crystalline, secure, and faceless manner. With the accrual and development of the Crypto or blockchain ecosystem, several alternative investment opportunities have flourished, and have proven to be more efficient and profitable investment tools than traditional financial returns. Cryptocurrency is potentially the largest digital asset for investment. because it is user-friendly, secure, and allows to cut down steep transaction costs. It is the maximum thing in the financial market that has proven to be an interruption lifter in financial transactions worldwide. Leveraging blockchain technology, cryptocurrency has managed to set up a decentralized, transparent, and inaccessible accountable systemhttps://espcoin.io
What is ESP Coin
ESPcoin is an ecosystem designed for high-demand applications. This project is ready to revolutionize the existing landscape and bring radical improvement.
ESPcoin is a decentralized Ethereum based project with an ERC-20 token: E$P coin. We leverage advanced technology, and blockchain technology in particular, to make supply chains more transparent — and the world a better place.
E$P coins will be used in the education system. The tokens will be a means of payment for the School’s services, supply chain payments and student wallet funds – bringing reduced fees with payment processors and Forex fees for international students plus security and convenience for all.
Also E$P Tokens for energy and Solar Ecosystems. The token will be a DeFi initiative to assist in residential and small commercial deployments requiring better compliance and more access to lenders worldwide
E$P Project
However the foundations of this project based on Education and Solar Projects, there is a whole other world to the story, with a lot further long haul vision. At its heart, monetary forms are utilized for making installments. Here is truly where our center remaining parts. ESP has various implications. Instruction System Payments, Energy and Solar Programs, Electronic Supply-Chain Payments and others. This record will discuss how our vision will make an ecosystem that will uphold both shut and completely decentralized use cases. Each utilization case is profoundly engaged where we feel our E$P token gives utility
E$P Project Reward System
The Distribution Function will haphazardly choose records to distribute the Transaction Tax for every exchange. The distribution account selector will have a measurement probability equivalent for all records. We have picked this technique to diminish the Ethereum Gas expenses related with composing extreme information to the blockchain. Records with a zero balance will be ineligible to get the distribution grant. This will be a coded work in the Smart agreement. The token is modified to be pretty much as lightweight as possible to keep away from exorbitant Ethereum Gas expenses. Thus, separate keen agreements called the Seed Contract will be set up to deal with the pre-pubic offer of tokens.
E$P Project Team
The team believes in transparency, here you will see proof of commitment from the ESP team. ESP will publicly demonstrate progress on every front, in the Education and Renewable Energy projects involved in our policy and economic implementation of the E$P Utility Token. Trust is earned and never taken for granted.
TOKEN ECONOMICS / TOKEN UTILITY
Our initial ERC-20 Token on Ethereum is E$P.
Max Total Supply: 400 Billion Tokens
Pre-public allocation: 50 Billion Tokens (Restricted)
Max Total Supply After Burning: 50 Billion Tokens
Transaction Tax
A 1% Transaction tax will be charged for transfers directly programmed into the smart contract.
Allocation of the 1% is as follows:
0.5% Will Be Directly Burned By Smart Contract until total max circulation reduces to 50 Billion Tokens
0.5% Will Be Redistributed across all account holders. Once max circulation reduces to 50 Billion, The entire 1% transaction tax will be allocated across all account holders. Exchange wallets will be excluded as well as wallets with more than 1 Billion E$P tokens.
Token Buy Back
Profit from active operations (return on capital) will be 90% allocated to purchase tokens in open circulation. Purchased Tokens will be immediately burnt and will not be available for recirculation until max circulation reduces to 50 Billion. All purchased Tokens in the Token Buy Back program will be fully listed on the website with transaction ID’s to validate removal from circulation. The Token Buy Back program will continue for the life of the project, once the max circulation reduces to 50 Billion Tokens, the Tokens will not longer be burnt and will be allocated to the project treasury
Seed Restrictions
Each initial pre-public seed purchaser will have a separate Smart Contract which will manage a minimum 90 day hold period for their Tokens. Additionally, the Smart Contract will only make available 20% of the seed purchase amount available for unrestricted trading per day to limit the potential impact of a seed purchaser liquidating their holdings and negatively impacting price and volatility. No one purchaser will be allocated more than 1.6% of the total circulation. Total seed allocation will be no more than 12.5% of the total Max Supply
THE ERC20 TOKEN SMART CONTRACT
The E$P token will be a fully compliant ERC-20 token for the Ethereum blockchain compatible with its derivatives. Programmed in Solidity, code will be openly hosted on GitHub and certified. Additional features of the E$P token will be:
1% Transaction Tax
Function Hooks for Chain Swapping
Distribution Function (for .5% Transaction Tax)
Minimum Max Supply Limit of 50 Billion E$P Tokens
Blacklisting Of Token Redistribution For Wallets Greater than 1 Billion E$P Tokens
Roadmap
June 2021:
Launch of E$P Token
Public Trading On One Exchange
Continued Development of Education Platforms (T2E and Student Information Management System)
July 2021:
Launch of E$P Token on Secondary Exchange
Launch of E$P Token of Secondary Blockchain
Chain Swapping Gateway Function on Website
Initial Solar Project Launch
August 2021:
Launch of POS Solution with Integrated Supply Chain Crypto Payments
Private Trials of Student Information System
Public Launch of T2E (Educational Content Delivery Platform)
First Token Buy Back & Burn
September 2021:
Add Additional Local Exchanges for E$P Token
Initial Public Launch of SIMS at select Institutions
Token Buy Back & Burn (Will Happen Monthly)
Q1 2022:
Launch of Decentralized CDN
Q2 2022:
Transition to Native E$P Coin
Information :
telegram : https://t.me/espcoin_news
facebook : https://www.facebook.com/ESPcoin-110509951269169
twitter : https://twitter.com/ESP_coin
reddit : https://www.reddit.com/user/ESPcoin
linkedin : https://www.linkedin.com/company/74051545
Github : https://github.com/espcoin
AUTHOR :
Bitcointalk Username: Shahajahan6060
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1106553
Telegram Username: @cryptoprodhan
Eth wallet address: 0xFC1E54770F8A9B43f72137A26b831e89FE86fA7f