What is e-Chat?
e-chat is a messenger app using p2p, blockchain and IPFS. This powerful combination of technologies allows it to be truly independent from governments, a point that’s especially important in countries where the government does not value your privacy.
But it’s not just a messaging app, e-chat is also a multi-currency crypto wallet that allows users to send money to each other via the app.
e-Chat - real freedom!
e-Chat is not just an instant messenger, it is a platform for solving everyday problems,
developed on the basis of blockchain technology.
Why e-Chat tokens will grow?
All tokens holders get additional space in the distributed data store (IPFS),
due to which correspondence and user content is not stored on the device and does not have a central server.
Growing number of users
As the number of users on the messenger grows, the volume of content and information will also increase. Users will need more memory, which will require adding more tokens from users. This will be a symbolic sum for large amounts of memory, but in the context of millions of users, such a demand will be significant for increasing the token rate on the market.
Lifetime storage
The possibility for users to purchase the eternal volume of memory for a fixed price in tokens. With this "purchase" of memory, the token will be liquidated, which in the medium and long term perspective will cause the process of deflation. Reducing the number of tokens in turnover, in addition, will increase the value of the token and its exchange rate in the market.
Mining
Mining under the algorithm of Proof of Replication occurs by allocating the amount of memory on a hard drive - the more memory is allocated, the higher is the probability of receiving a reward.
Market
MESSENGER
To ensure the decentralization of the e-Chat network, we’ve combined technologies such as IPFS, P2P, and blockchain. Primarily, it concerns with the correspondence of users. Peer-to-peer (P2P) computing or networking is a distributed, application architecture that partitions tasks or workloads between peers. Peers are equally privileged participants in the network and form a peer-to-peer network of nodes.
InterPlanetary File System (IPFS) is a protocol designed to create a permanent and decentralized method of storing and sharing files.Nodes in the IPFS network form a DSN - Decentralized Storage Network. The development of IPFS started in by Protocol Labs (with help from the open-source community).
Initially, it was designed by Juan Benet.
Tokens Distribution. Emission
This amount is based on the fact that in 2017 the messengers mark et has 3.5 billion users. Moreover, we know that all popular instant messengers suffer considerably from one common problem - monetization. e-Chat creates a new integrated model, allowing for the use of all messenger functions for free, as well as to earn money and make purchases. Thus, we create the infrastructure to monetize the project efficiently. It includes areas for communication, streaming, blogging, financial transactions, data transmission, telephon y, integration of mobile games, and applications.
Token Sale (distribution)
Token distribution phase #1 Pre-ICO
Start date: 16th of October 2017 (12:00 PM London Time, GMT-0)
End date: 15th of November 2017 (12:00 PM London Time, GMT-0)
e-Chat tokens distribution cap (phase #1):
5,000,000 ECHT
Currency accepted: ETH, BTC, LTC, ZEC, BTS
Token exchange rate: 1 ECHT = 0.7 USD
Amount of tokens per one person: unlimited Minimum transaction amount: $10
Maximum transaction amount: unlimited Token distribution phase #2-3 ICO
Start date: 16th of November 2017 (12:00 PM London Time, GMT-0)
End date: 30th of December 2017 (12:00 PM London Time, GMT-0)
e-Chat tokens distribution cap (phase #2-3):
295,000,000 ECHT
Currency accepted: ETH, BTC, LTC, ZEC, BTS
Amount of tokens per one person: unlimited
Minimum transaction amount: unlimited
Maximum transaction amount: unlimited
Token distribution phase #2 ICO round 1
Start date: 16th of November 2017 (12:00 PM London Time, GMT-0)
End date: 15th of December 2017 (12:00 PM London Time, GMT-0)
Token exchange rate:1 ECHT = 0.75 USD
Token distribution phase #3 ICO round 2
Start date: 16th of December 2017 (12:00 PM London Time, GMT-0)
End date: 30th of December 2017 (12:00 PM London Time, GMT-0)
Token exchange rate:1 ECHT = 0.8 USD
Use of funds
• 30% - Development
• 48% - Marketing & PR
• 10% - Reserve Fund
• 12% - Founders
The distribution of tokens
• 92% - Token Sale
• 7% - Referral Program
• 1%- Bounty Campaign
- Website : https://ico.echat.io/
- Telegram : https://t.me/ico_eChat
- Slack : https://e-chatico.slack.com/join/shared_invite/enQtMjU2NTYxMjQ4OTQ5LWY0Yzc5Yzc3MDg5Yjc1NDVhNTQ5ZmFkNjE3ZGJjMjUwYzkzZWZmZjkyYjNiMDQ1MGIzZDc1Y2YzYzc3OTUzNzE
- Facebook : https://www.facebook.com/icoechat
- Twitter : https://twitter.com/e_Chat_ICO
- Reddit : https://www.reddit.com/user/e_Chat
- Medium : https://medium.com/@icoechat
- Steemit : https://twitter.com/e_Chat_ICO
- MY BT https://bitcointalk.org/index.php?action=profile;u=1149807;