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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23308138 No.23308138 [Reply] [Original]

Could this antshares? Not much in here yet, but I read the ECOC whitepaper from a past thread and now getting nervous, desu.

https://ecoc.io/news/a-new-generation-token-ecoc-financial-growth-efg/

"Experienced developers created ECOChain and its native coin (ECOC), which was successfully listed on global exchanges like Bittrex, MXC, and Boboo. Besides ECOC, ECOChain can host an unlimited number of tokens, which can be created by smart contracts. These tokens usually comply with the ECRC-20 standard, which shares the same Interface of ERC-20 (Ethereum) standard. While the core team keeps developing and building the Ecosystem of ECOChain they also supervise new teams that are developing new Dapps for ECOChain.

Therefore, EFG is trying to expand and strengthen the ecosystem providing the desired missing attributes for users, reliability, and stable prices. EFG can offer a firmer credit channel for borrowers. Investors don’t need to sell their coins to get liquidity, they just deposit them as collateral and they can buy them back when they want. That way the EFG token comes with new alternatives for investment, according to the basic mechanism of the cryptocurrency market. EGF token brings an opportunity to increase the investment value for borrowers by lending EFG tokens so they can continue to invest in the cryptocurrency market because the ownership of ECOC coins stays to the original holder.

The mechanism of acquiring Financial Growth (EFG) Tokens is by depositing ECOC as collateral to the smart contract and getting a loan. EFG tokens supply is fixed at 1 Million Tokens. Meanwhile, the interest rate is fixed and the interest compensation depends on the length of the lending period."

>> No.23308286

not too worried about this market since you nerds are consistently saying the words antshares or raiblocks. maybe i should be. hopium is alive

>> No.23308485

>>23308138
this market is ripe, anons. Ripe and ready for the biting. want to take a bite of this m'self because I love this bigbrain stuff

>> No.23309001

Sir what's gonna happen when Asia recovers.

>> No.23309900

>>23309001
Central Bank Digital currency meme run.

>> No.23310351

>>23309900
Please we need more Antshares type hopium bullshit in this market.