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Purchase our Etherecash token through our ICO starting October 25th 2017. Developed on the ERC20 blockchain technology with lawyer backed contracts, to make blockchain-backed lending and fund management, private and seamless.
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Initial Coin Offerings (ICOs) happen to be the latest craze amongst investors in the cryptocurrency space. A brainchild of the Ethereum team, it is a form of crowd funding, that allows fledgling projects to raise capital for development of decentralized projects (primarily).
ICOs also provide digital tokens or assets to project backers, with the investors hoping that the token will be worth more than the price they purchased it for.However, there are certain factors you should lookout for, while doing your diligence in selecting the best ICO to invest your money inSpoilerGoing for “X” factor projectsWhile investing in an ICO, it is important to identify the core features of a project that differentiate it from the unscrupulous bunch of copycats.For instance, consider Ethereum(ETH). It was a project which promised to create more interesting applications with blockchain rather than just transferring of funds. It’s no surprise that the project developers, Vitalik Buterin and team, were able to conduct the largest ICO till date.You should look to avoid investing in an ICO which is a tad too similar to an established project. These ICOs often ride on the hype of other successful projects. For example, there were many ICOs that wanted to replicate the success of ETH with a focus on ‘smart contracts’.Without an innovative or novel use case, these projects end up getting significantly less attention than their predecessors.Bonus for investorsAnother thing to look for when evaluating an ICO is whether or not the development team is offering a bonus incentive for early bird investors. This can vary widely from project to project.For example, an ICO may offer a 10% bonus in token distribution for the first batch of investors before a 1000ETH milestone is reached. This means that, if 1 ETH gets the investor 10000 coins, instead they would receive 11000 coins.Conversely, if you are investing towards the end of an ICO in which a bonus was offered, you must understand that there are those who will theoretically have a more optimal level of control of the total coin supply.Escrow, and RefundsAnother mandatory aspect worth looking into, when considering an ICO investment, is identifying the escrow services handler for the crowdfunding.Genuine development teams normally will enlist individuals with a solid reputation within the cryptocurrency community to act as faithful holders of the raised funds. With their reputation on the line, these individuals are less likely to run away with the collected funds.Also, in case of non-achievement of funding for the project, there should be a condition in place to refund the contributed money back to the respective investors. This acts as a fail safe in a case where a project ends up under funded.Credible developer or not?Credibility of developers is determined by whether the team is public or anonymous. When a development team is public, there are known faces in the organization, and a specific individual that could be held accountable in a scenario concerning possible squandering or robbing of funds.Of course, there are ICOs that are held by anonymous developers, with some of them having a credible background, and some who are new to the scene. As a prudent ICO investor, you should not invest in ICOs of anonymous developers with zero recognition within the community.Lastly, there are no guarantees that your investment will turn out as per your expectations. Do your best to evaluate risks of any contribution you make, and don’t go for more than you can afford to lose.+Purchase our Etherecash token through our ICO from October 25th 2017. Developed on the ERC20 blockchain technology with lawyer backed contracts, to make blockchain backed lending and fund management, private and seamless.
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Etherecash is a peer-to-peer lending platform connecting crypto and fiat currencies.
The purpose of the Etherecash is to ‘bridge the gap’ between those with access to finance and those without, eliminating borders, intermediaries and prejudices.
We want to revolutionize the 3 core functions of finance.
Etherecash lets you lend, send and spend money in a safe and transparent way.
Lend
Etherecash allows you:
Lend to borrowers internationally with Border Free Loans.
Get higher returns than typical bank deposits.
Borrow 70-80% of crypto value, without needing to liquidate your assets.
Send
Etherecash money transfer involves:
Connecting individuals
Global Network
Minimal Fees
Instant Confirmation
Pocket friendly
Make payments on the go
Secure and private
Spend
With Etherecash you can put multiple currencies on a single debit card and use it like a normal debit card for:
Making payments
Shopping online
AMT Withdrawals
Advantages
With Etherecash you get:
Assets secured by smart contract
Mutual terms
Multi-currency storage
Instant transfers with low fees
Etherecash accepted: BTC or ETH.
Total supply: 360,000,000
Visit our website:
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Consider a scenario where there is absolutely no involvement of banks, payment gateways or any third party intermediaries to process your payments. Would you go running around in your neighborhood, crying “Eureka!” like Archimedes did, or would you ponder the viability of such a possibility?
Well, let’s look into the 5 most important reasons for using it to make payments:
1. Elimination of third party trust
Banks and other intermediary institutions harness our need to trust each other, to offer us their services. This way, they build an everlasting trust gap, where they “manufacture” some of it and get the rest of it “evoked” from us. Blockchain eliminates that mutual emotion of trust by giving you the complete authority of your payments and transactions2. Immutable ledger
Having access to all copies of payments on the blockchain ledger, makes it immutable. So, whenever there is an anomaly in one of the blocks or chains (if the network has multiple blockchains), it can be removed and replaced with its copy. This way there can be no instance of forgery.3. Complete visibility of asset life cycle
Information about transactions of all recorded assets on the blockchain, can be reviewed anytime. This is mainly possible because every block in the chain contains details from previous blocks. Asset lifecycle management hits a whole new level with blockchain.4. Enhanced security
Once a transaction is grouped into a block, a hash (security key or password if you may call it) is assigned to it, enabling users to easily detect changes to the data. The hash is unique to that block and stays with it forever. Such encrypted protection is considered unbreakable.5. Swift payments across borders
The blockchain’s wonders lie in making international payments, safe, private, swift and pocket friendly.Haven’t you dealt with exaggerated timelines, exchange rates, excessive regulations every time, while sending money to your friends, family and peers across borders? Well, all that can take a backseat with blockchain.Intrigued by the idea of moving over banks to lend money to people in other countries? Convinced by how blockchain can take care of your payments? Then you should definitely look forward to leveraging our Etherecash token, which will be up for sale through our ICO, come October 25th.
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Etherecash is a peer-to-peer lending platform connecting crypto and fiat currencies.
The purpose of the Etherecash is to ‘bridge the gap’ between those with access to finance and those without, eliminating borders, intermediaries and prejudices.
We want to revolutionize the 3 core functions of finance.
Etherecash lets you lend, send and spend money in a safe and transparent way.
Lend
Etherecash allows you:
Lend to borrowers internationally with Border Free Loans.
Get higher returns than typical bank deposits.
Borrow 70-80% of crypto value, without needing to liquidate your assets.
Send
Etherecash money transfer involves:
Connecting individuals
Global Network
Minimal Fees
Instant Confirmation
Pocket friendly
Make payments on the go
Secure and private
Spend
With Etherecash you can put multiple currencies on a single debit card and use it like a normal debit card for:
Making payments
Shopping online
AMT Withdrawals
Advantages
With Etherecash you get:
Assets secured by smart contract
Mutual terms
Multi-currency storage
Instant transfers with low fees
Etherecash accepted: BTC or ETH.
Total supply: 360,000,000
Visit our website:
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Dear friends, we are happy to announce that Etherecash Pre-ICO just started.
There will be 10% of the tokens sold in Pre-ICO out of the total supply of 360,000,000.
Get you bonus