INTRODUCTION
The generally accepted description of cryptocurrency is seen as a digital asset designed to serve as a medium of exchange for goods and services just like fiat currencies such as Dollars, Euros, and Pounds, etc. However, cryptocurrency is not regulated or controlled by any government or central authority.
It uses cryptography to secureits transactions,manage the creation of more units of the currency and verify transactions.
After the introduction of Bitcoin in the year 2009, Altcoins (alternatives to bitcoins) started taking over the spotlight in the market. These altcoins where each design to solve a particular problem which theexisting market created by the blockchain technology has created.
ABOUT EVENCOIN
Unlike Bitcoin where energy & infrastructure is required to mining coin EvenCoin is a self-mining currency in conjunction to even numbers of Ethereum block.Hard core genesis collected from top 4000 crowd sale contributors. All genesis gets equal mined coins over a time period. of 15 years. EvenCoin can be accessed using any of Ethereum wallets including EvenCoin own Web based & Mobile wallets.evencoin.io as well evenchain.io can be used to transact worldwide with transaction cost as low as 0.03$ with average transaction time of just 30 seconds! much better than Bitcoin.
Goals
In the distributed economy, tokens are at the core of a project. Since presenting EvenCoin, we‟ve had many interesting conversations about creating tokens that harness the full power of the distributed business model. A well-designed token increases in value along with the network. It incentivizes the community and early adopters to use, participate, spread and evangelize the platform that it represents. This bootstraps a global community where everyone shares incentives to make the project grow and succeed. Technology on Export/Import using EvenCoin:
The EvenCoin Blockchain can benefit the SMEs or the Exporters/Importers in the following manner:
1. Cutting down the fraudulent activities involved in cross border export/import documentation and also reduce cost.
2. Trade values are transferred securely with the digital ledger uniqueness.
3. Privacy on trade data is ensured through cryptography and tokenization. Evencoin.io All rights reserved ® EvenCoin.io Page 14 9. Goals
4. Flawless execution of contract between the exporter and importer because of Ethereum SmartContract.
5. Escrow funding executions for cut down fraudulent activities Some of the most intense discussions we had among the team, with our advisers and with potential supporters revolved around value return — should we do it and, if so, how it should be done. In the end, we decided against pure direct value returns.
EvenCoin is a platform and, most value will be created when building and leveraging the networks of projects, supporters and experts. We feel that this leads to unnecessary regulatory complexity and unaligned incentives — the supporters wish to keep costs down to increase returned value, which is counter-productive to rapid platform development. Using the profits to speed up platform development, geographical and market penetration has the potential to bring multiples of value spent.
For example — a $10 Million profit would be miniscule when distributed among the token holders, while that same amount spent on an additional developer or a publicity campaign would bring much more value to the platform and indirectly to token holders. That said, additional EvenCoin tokens will have to be bought on the market to fuel the crowd funded processes on the platform — for example, paying crowd sourced project evaluators.
Once the platform is operational, the token flow should operate in a closed cycle, with an equal number of tokens leaving and arriving on the platform. But until that is complete, the team will have to “fuel” specific functions using the tokens bought on the open market. This will start as the first functions are transitioned to the platform in beginning of 2018.
INDUSTRY OVERVIEW
The Blockchain technology now cuts across several industries, from the banking industry, to the mining industry,torealestates,to travel and tourism. With quite a number of cryptocurrencies with different project portfolios swarming into existence on a dailybasis.
The market is currently worth over $160 billion dollar salthough the market haslostquite al otof value within the last 6 months, but experts speculate that the worth of the market has the capacity to rise to overtwice the formal market value. This is solely because the number of companies who are directly involved in the creation of more cryptocurrencies is definitely on the rise daily.
VIEW THE PROBLEM
Demonetization Coin
Demonetization is a process of invalidation a currency’s status as legal tender. Demonetization mostly takes place after changes of national currency, when the former form of money is pulled from circulation and is replaced with new type of coinage. Demonetization can have a huge impact on a country’s economy, especially when that country is strongly cash-dependent. Demonetization also has an impact on Bitcoin and other cryptocurrencies. Citizens can massively turn to cryptocurrencies when the country performs demonetization wrongly and loses the trust of the population.
Cashback
A cashback reward program is an incentive program operated by credit card companies where a percentage of the amount spent is paid back to the card holder. Many credit card issuers, particularly those in the United Kingdom and United States, run programs to encourage use of the card where the card holder is given points, frequent flyer miles or a monetary amount. This last benefit, a monetary amount, is usually known as cashback or cash back reward.
Security Transactions
A secured transaction is a loan or a credit transaction in which the lender acquires a security interest in collateral owned by the borrower and is entitled to foreclose on or repossess the collateral in the event of the borrower’s default. The terms of the relationship are governed by a contract, or security agreement. A common example would be a consumer who purchases a car on credit. If the consumer fails to make the payments on time, the lender will take the car and resell it, applying the proceeds of the sale toward the loan.
VIEW THE SOLUTION
Quick & Easy
EvenCoin can be accessed using any of Ethereum wallets including EvenCoin own Web based & Mobile wallets.evencoin.io as well evenchain.io can be used to transact worldwide with transaction cost as low as 0.03$ with average transaction time of just 30 seconds! much better than Bitcoin.
Decentralized Platform
ERC20 based one of the most used crypto coin around globe with its highly secure, decentralized & easy to use EvenCoin wallet.
Reliable
EvenCoin enables cryptocurrency investors and day-to-day users to significantly manage risks associated with the high volatility of the cryptocurrency market.Solving the Cryptocurrency Trust problems.
Business Model
Unlike other crypto currencies EvenCoin support extra ordinary business modulation run by its entrepreneurships team. All rights reserved ® EvenCoin.io Page 11 6. Business Model Since the distributed economy, tokens are at the core of a project. Since presenting EvenCoin, we‟ve had many interesting conversations about creating tokens that harness the full power of the distributed business model.
A well-designed currency increases in value along with the network. It incentivizes the community and early adopters to use, participate, spread and evangelize the platform that it represents. This bootstraps a global community where everyone shares incentives to make the project grow and succeed.
EvenCoin support Cross border money transfer led by its entrepreneur team around the globe, where in making trades between different countries much easier & fast than ever. EvenCoin would support a blockchain based E-commerce platform for where anyone with small / big deals, products, services, tangible, intangible items would commence a international trade. EvenCoin would offer such trade & transaction with a highly reliable blockchain based Escrow method which would protect buyer as well seller from any unwanted fraudulent trades.
WHY SHOULD SOMEONE BUY IN EVENCOIN AGAIN?
1. Evencoin is a coin fully supported by mathematical Logic which is proven and established under the Ethereum Blockchain. So a proven Logic never goes wrong.
2. Out of the 100 Million total supply 5 Million is for the founders and rest 10Million is the amount to be sold for crowd sale. So total the circulating supply is 15million and rest 85 Million is to be mined for upcoming 15 years. So this proves that there will be huge demand rather than supply so price is going to be stable rather on a higher note.
3. EvenCoin is backed up by professionals who have been working with Fitnech companies for the last 20-25 years. Experience and Knowledge keeps a company steady and stable. We are a company registered in London in the name of EVEN FINTECH SOLUTIONS Ltd.
4. Listed in Major Exchanges getting Organic Buyers for EvenCoin is never a problem.
SELF MINING SMART CONTRACT
EvenCoin get mined with parallel to Ethereum even number of Ethereum block where neither mining hardware nor electricity is required to mine EvenCoin instead it gets self mined.As you can see total circulating supply now at given moment it some numbers & when you refresh this page the numbers get changed as it has been mined continuously, this show evencoin is self mined.
COIN DISTRIBUTION
TECHNICAL SPECIFICATIONS
EvenCoin Ethereum contract wallet address:
0x68909e586eeac8f47315e84b4c9788dd54ef65bb
EvenCoin was created with the following transaction:
0xd73673f59293d33a3eac8142131cc4b993cae6ae446becda6c0d1c2551e135d6
The EvenCoin creation transaction was added to the Ethereum blockchain at block
#4246803
The following table of technical specifications for EvenCoin can be viewed and verified with the EtherScan tool located here:
TOKEN DETAILS
Name: – EvenCoin
Short name: – EVN
Contract Address: – 0x68909e586eeAC8F47315e84B4c9788DD54Ef65Bb
Total supply: – 100,000,000 (100Million)
Total Pre-mined:- 15,000,000 (15Million)
EvenCoin development hold: – 5,000,000 (5 Million from pre-mined only)
Available for crowd sale: – 1,000,0000 (5 Million from pre-mined only)
To be Mined: – 85,000,000 (85 Million)
Time for mining: – 15 years Total Genesis: – 4000 only
OUR ROADMAP
OUR WORK FLOW
Conclusion
Even coin solves the costly and costly problem. The platform is a prime example of the meaningful use of smart contracts and is therefore absolutely groundbreaking for the future. With their experienced team and a very good vision, this is a serious project with great prospects of success.
For more information visit below!
Website: http://evencoin.io/
Telegram: https://t.me/evencoinio
witter: https://twitter.com/Evencoin1
Steemit: https://steemit.com/@evencoin
Author : Rafha andika3
Bitcointalk profile:
Eth address:
0xBE70aE4cB83c7F52fFFc4c6933DB52b5Df26e431
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