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Bitcoin(BTC) -0.31% $6357.19
Ethereum(ETH) -0.42% $206.3
Ripple(XRP) 0.33% $0.51151

eCoinomic

Unleash the potential of crypto assets.

Finished

Finished: 5 months 1 week ago

Start Date

1st of May 2018

End Date

1st of June 2018

Country: Estonia

    Restrictions:
  • China
  • Singapore
  • USA
Ticker/Symbol CNC
Price 1 CNC = 1 USD
TokenType ERC20
Platform Ethereum
Hardcap   35 400 000,00
Softcap   9 000 000,00
Raised 0,00
ICO Score
4.1
Team:
5.0
Vision:
4.6
Product:
4.0
Profile:
3.4

Info

Multicurrency
The eCoinomic platform will accept as collateral: BTC, ETH, LCH, BCH + TOP10 cryptocurrencies.
Loans will be issued in: USD, EUR, GBP, JPY, CHF, CNY.

Fiat money transaction speed
With the help of the built-in payment agent, the crediting time for fiat funds will only take several minutes.

Price monitoring system
The system checks collateral value every minute based on the data from several crypto exchanges.

Security and transparency
Smart contracts regulate the procedures of blocking, returning or liquidating collateral assets.
Insurance reserve fund
It is designed to enhance the attractiveness of the project for large and small investors.

Fully functional alpha version
Will be available for testing after the Pre-Sale.

Team

Alex Smolyanov

CEO/Co-Founder

Max Akulshin

Architect/Co-Founder

Vitalii Topor

Managing Director/Co-Founder

Maria Smolianova

Business Development Director/Co-Founder

Alpamys Tatishev

Investor Relations Director

Stewart Stewart

Investor Relations Advisor

Nikita Vdovin

Financial Analyst

Serg Archibasov

Back-end Developer

Philipp Pogorelov

Front-end Developer

Anton Voronkov

UX/UI Designer

Nataly Bogdanova

Marketing Team Lead

Ilya Engalychev

Marketing Manager

Danil Ostanin

PR Manager

Tasha Sokolova

Digital Marketing Manager

Roadmap

Q1 2018 Presenting the project, conducting a Pre-Sale on 15.03.2018 Alpha version launch Legal and technical preparation.
Q2 2018 Conducting an ICO from 01.05.2018 to 31.05.2018 Establishing partnerships, creating funds and marketing the project Getting listed on exchanges, setting up a full working group, software development.
Q3 2018 Obtaining licenses, developing solutions for different jurisdictions Custom payment agent launch Technical and legal audit.
Q4 2018 Global marketing campaign Platform launch Customizing the Multilanguage user interface.
Q1-2 2019 Issuing virtual cards Connecting with the large trading platforms Launching exchange with the function of managing collateral assets.
Q3-4 2019 Offering development services for corporate products and smart contracts within the platform Adding functionality to launch joint investment projects and venture capital funds.
2020 Preparing and conducting an IPO.

Facebook

2018-09-13 10:30:04

September 15th at CRYPTO EXPO MOSCOW we present the fiat payments service for ICO’s and invite owners of blockchain projects to become a partner and integrate the service on favorable terms. The list is limited! Schedule a meeting with us, contact via telegram @petr_anisimov.

2018-09-03 11:28:45

Attention, our partner bank temporarily disconnected payments from Visa cards due to the introduction of technical updates of the payment system. This measure is temporary. We will announce the completion of updates with a separate message. Follow the news.

2018-08-27 12:30:06

eCoinomic.net is launching the sale of Ethereum (ETH) on the platform. Cryptocurrency has never been easier to buy - http://bit.ly/buyethstart

2018-08-24 10:05:04

eCoinomic.net announcement: Sauber Bank increased its capital by 285 million rubles Read more: http://bit.ly/2w9bM21

2018-08-23 11:16:50

Liechtenstein Bank Issues Own Crypto Stable Coin, Aims to Become “Blockchain Investment Bank” “Our goal is to become the world's first blockchain investment bank and to provide tangible solutions which help drive efficiencies, reduce cost base and open up new revenue opportunities for our customers and intermediaries alike,” chairman of the board of directors Mohammad Hans Dastmaltchi commented in the release. Read more: http://bit.ly/2w9Ee3G

2018-08-23 09:22:33

Who first described the concept of cryptocurrency? Long before the appearance of Satoshi Nakamoto, in the 90s, the politico-technological ideology “cypherpunk” was emergence. In 1993, mathematician Eric Hughes published the "Cypherpunk Manifesto". A year later the writer Timothy May wrote "Questions and answers about Cypherpunk." in 1998, engineer Wei Dai was first to describe the crypto currency called “b-money”. To control the emissions and transactions of this new form of money, he proposed to use cryptography instead of a central control body. “I am delighted with the concept of cryptoanarchy of Timothy May … Cryptoanarchists want not to temporarily abolish governments, but completely abolish them for complete uselessness,” Dai wrote at the time. In 2005, scientist Nick Szabo offered the BitGold crypto currency, a purely digital payment tool based on the “work proof” algorithm with the borrowing of the RPOW-server idea (“proof of cyclic application”) by Hal Finney. Read more in new Medium blog: http://bit.ly/2MKmDZS #cryptoknowledge

2018-08-22 18:37:11

#eCoinomic.net presents a scalable solution for granting loans in fiate to the owners of crypto-currencies. #eCoinomic

2018-08-22 12:30:19

Mayor of Seoul Mr. PARK Won-Soon on BlockFesta 2018 with eCoinomic.net team

2018-08-22 11:51:42

eCoinomic.net team at the BlockFesta 2018 in Seoul. What is BlockFesta? Block Festa 2018 is hosted by Block Media and Korea blockchain Industry Promotion Association, to examine blockchain, the core technology of the 4th Industrial Revolution. This conference will be the festival for the leaders such as government officials, investors, platforms and blockchain startups who create the blockchain ecosystem, along with the youth, who will lead the future. blockchain will contribute to upgrading the financial industry and create more jobs. We hope the participants will experience the blockchain industry and to share insight. We believe that constructing the vigorous blockchain ecosystem is the cornerstone of economic development. With our strong belief, we are prepared to host BlockFesta 2018. The Mayor of Seoul Mr. PARK Won-Soon was visited by Network Dinner too.

2018-08-22 09:25:10

Blockchain is not only about Bitcoin. Blockchain is the technology that supports the use of bitcoin, a cryptocurrency that is making central banks and governments nervous, and it is true that the latter are not sure whether to ban bitcoin, or embrace it, or hope it will vanish as another ephemeral hype. But blockchain is nowadays more than the technology that ensures the authenticity of bitcoin. It did start that way, but it has acquired new uses, opened new opportunities and charted new vistas. Read opinion: http://bit.ly/2wb8sm0

2018-08-21 14:25:01

What is the Bitcoin mempool and why does it matter? The Bitcoin mempool (short for memory pool) is a collection of all Bitcoin transactions awaiting verifications and confirmation which will be included in the next block. Whenever a Bitcoin transaction is channeled to the network, it first gets verified by all the Bitcoin nodes available, which takes an average of 10 minutes to get its first verification. It can take longer than 10 minutes, depending on the pending transactions that are in the mempool. Mempool is the node’s maintaining and restraining area that focuses on transactions awaiting approval. When one transaction gets verified and included, the next one is in line to get added. Read more: http://bit.ly/2OTkTdX

2018-08-21 10:27:52

US: Four Crypto Exchanges Establish Self-Regulatory Association for Digital Commodities Industry. “In equities, securities exchanges have their own organization to come up with common standards and jointly respond to declarations by regulators. The new group could serve as the equivalent for the crypto world by coming up with best practices for the industry, looking at ways to boost liquidity, and stamping out market manipulation.” The Association has been founded by four U.S.-based cryptocurrency exchanges: bitFlyer, Gemini, which was established in 2014 by the Winklevoss brothers, Bitstamp, and a cryptocurrency exchange and wallet service Bittrex. Meanwhile, one of the largest U.S. crypto exchanges Coinbase is not a part of the group, and has refused to comment on the initiative, Business Insider claims. Read more: http://bit.ly/2wedFcZ

2018-08-20 13:15:17

Binance Launches Fiat-to-Crypto Exchange in Liechtenstein. The new trading platform will be located in Liechtenstein and offer trading between Swiss Francs (CHF) and euros (EUR) against major digital currencies pairs, subsequently adding more trading pairs following regulatory approvals. In March, Liechtenstein lending institution Bank Frick began offering “direct investment” and cold storage for five cryptocurrencies; Bitcoin, Bitcoin Cash, Litecoin, Ripple and Ethereum. The service is aimed primarily at “professional market participants and financial intermediaries.” The bank’s Chief client officer Hubert Büchel claimed that their crypto-related services “are in demand from companies across the whole of Europe.“ Read more: http://bit.ly/2PnXRwU

2018-08-20 07:04:27

What is a Smart contract? Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions traceable, transparent, and irreversible. #cryptofact

2018-08-17 08:21:32

Blockchain is a distributed database system that acts as an “open ledger” to store and manage transactions. Each record in the database is called a block and contains details such as the transaction timestamp as well as a link to the previous block. This makes it impossible for anyone to alter information about the records retrospectively. Also, due to the fact that the same transaction is recorded over multiple, distributed database systems, the technology is secure by design. #cryptofact

2018-08-16 12:05:05

What is the blockchain? If you don't know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society. TED: How the blockchain is changing money and business. Watch full video: www.ted.com/talks/don_tapscott_how_the_blockchain_is_changing_money_and_business#t-11171

2018-08-16 09:33:00

let's join us in a good and very promising project eCoinomic.net (#eCoinomic)

2018-08-16 07:32:12

South Korea’s government has earmarked a 5 trillion won ($4.4 billion) budget toward its ‘Growth through Innovation’ investment program in eight critical sectors with a particular focus on blockchain and AI. Read more: https://www.ccn.com/south-korea-budgets-a-trillion-won-for-blockchain-tech-in-2019/

2018-08-15 13:08:32

Can we call cryptocurrencies a valuable asset? Can we declare that its price will continue to grow? What problems can arise with this new type of assets? Read our opinion in the new Medium blog: http://bit.ly/2wb69zk

2018-08-14 13:49:25

Hello ! I liked the concept of the project.I will follow the history, and I will certainly advise my friends to consider this project. I am pleased to register. Thank you for the coins.

2018-08-14 12:08:40

We are pleased to introduce the new adviser Mr. Mickey Сhoi, CEO Mickey Global Business.

2018-08-14 08:12:17

The Chinese government is thinking about what to do with cryptocurrencies. The authorities understand that digital money is impossible to ignore. Read more: http://bit.ly/2OzDjAt

2018-08-13 13:11:25

"Most people have no clue about what you’re working on" New story by Alexei Smolianov about what you need to keep in mind when engaging a blockchain project. Read more: http://bit.ly/2nFbATH

2018-08-13 08:20:47

Forbes opinion: One Chart Explains Why You Should Own Bitcoin And Other Cryptocurrencies Read more: http://bit.ly/2MKw0pe The easiest and safest way to buy cryptoassets - www.ecoinomic.net

2018-08-10 14:29:52

Sometimes it happens that you need some money, and all your spare money is in crypto, if you are a crypto trader. It would be better to manage your money wisely and never let this kind of situation happen, because you must always have some money to spend on living, and invest only that you can afford to lose or that you wouldn't need in 2–3 years. Read more how raise some money and keep your crypto: http://bit.ly/2KIqoKi

2018-08-09 16:00:15

Watch the LIVE broadcast on the RBK TV with the CTO eCoinomic.net Maksim Akulshin. ON AIR broadcast: https://www.rbc.ru

2018-08-09 13:32:26

eCoinomic.net: fair deals and confidence guaranteed. As promised before, in this final part of our review we shall cover the inner mechanics of eCoinomic.net platform. This solution is aimed and confidence and trust between lenders and borrowers. Read more: http://bit.ly/2M7Qaw4

2018-08-08 14:20:07

eCoinomic.net: a sought-after solution for crypto holders. The second part of our story. Read more: http://bit.ly/2M6hZVx

2018-08-08 12:11:55

How can you mortgage your crypto like an apartment or a car? Nowadays you can find more and more opportunities for smart finance management. Anyone can improve their financial situation by making the right deals and investing in the right trends. Cryptocurrencies is one of these trends. Read more: http://bit.ly/2ASDRiJ

2018-08-07 14:10:10

What the crypto holders needs? TO THE MOON? Not only. eCoinomic.net present complete financial toolbox for crypto holders! Read: http://bit.ly/2OfIzZT

2018-08-07 11:49:06

Dear eCoinomic #1 Bounty Campaign participants! Please, CHECK YOUR EMAIL to find out how many CNC you have earned so far!!! Due to the numerous security issues, we are reinforcing the process of withdrawal to make is secure and fast. At the moment, we are preparing the distribution of bounty tokens, it will take a while. Please, wait until 15 August to get your CNC directly on your wallet! Please, note that you must set up your wallet to receive CNC tokens with the following token address: 0x2042120c6fd5d4ea564460632cece6572727a8f3 Token symbol: CNC Decimals: 18 You will not be able to get your CNC until you properly set up your own wallet. Regarding any further bounty questions, please, contact @ecbountysupport (Telegram).

2018-08-07 09:50:07

CEO eCoinomic.net Aleksei Smolianov: "Presently, it is no doubt that we are all coexisting in two economic realities: classical and rapidly gaining traction digital. Objective market tendencies show us that month by month cryptocurrencies are taken more seriously by many states, especially, by major world economic players. Governments of these countries focused on developing rules and regulations for all digital economics’ concepts and processes. If trend is ascending, one can logically suppose that in the near future two economic realities will become one and all cryptocurrencies will be full-fledged payment instrument. Such mutual integration will greatly accelerate developing of new business spheres, which were generated by blockchain technology. At the same time, this synergy will exert positive impact on traditional business segments, they will be improved by new decentralized options and will combine advantages of classical and digital economics. For example, one of our company's activity directions is loans backed by crypto collateral. And now, we can use all blockchain advantages to upgrade our services and make them more safety, transparent and profitable for both sides. Our loans, backed by crypto collateral, use smart contracts, which are part of blockchain. That means we combine classical bank option with new decentralized technologies. Without a doubt, cryptocurrency, at the moment, is not a full-legal payment instrument in Russia, but already has a legal status as a asset that can be used as collateral. Such type of loans will increase purchasing power, thus exerting common positive impact on economics’ development."

2018-08-06 13:38:10

How to reach consensus in decentralized systems? Maxim Akulshin, CTO eCoinomic.net compiled all possible options for consensus in the blockade. Everyone should know this! Read our new blog: http://bit.ly/2OhAVhM

2018-08-06 10:20:23

How will blockchain help to explore Space? Space is an area that has been historically researched by few governments, being a complex matter that requires thorough, high-class research and, therefore, substantial funding. More recently, with the emerging popularity of audacious startups like SpaceX, space exploration has become a less exclusive area. Now, however, it seems that the cryptocurrencies’ primary features — blockchain, its underlying technology, and the concept of an Initial Coin Offering (ICO), its crowdfunding model — are bringing in even more power into the previously unshared territory. Stephen O'Neal talks about how the blockchain affects the exploration of Space: http://bit.ly/2KvRVOT

2018-08-03 12:50:19

Banking + blockchain = ? Read about it in the new Medium story: http://bit.ly/2AIXrxM CEO eCoinomic.net Aleksei Smolianov looks at how to link banking systems and blockchain.

2018-08-02 11:51:31

We welcome you to participate in our Bounty Campaign #2! Just like before, you can join 10 campaigns of your choice to earn even more CNC: Facebook, Twitter, Youtube, Medium, Blogs, LinkedIn Content, LinkedIn Social, Reddit Content, Reddit Social, and Translation. Find out the more info here: https://bitcointalk.org/index.php?topic=4803302.0 The new campaign will run for 13 weeks until 1 November. We reserve 5,500,000 CNC, which you will be able to transfer to your wallets after the distribution in November. In case you are a participant of our previous bounty campaign, you may be pre-registered in the new spreadsheet, check your status here http://bit.ly/2mPVt5c. Please, note that all participants inactive for 2 weeks will be removed from the Spreadsheet and will have to register again. Regarding all questions on the bounty, please contact @ecbountysupport via Telegram to get help. Join our new bounty here https://bitcointalk.org/index.php?topic=4803302.0

2018-08-02 11:27:50

eCoinomic.net technical support team quickly resolves any problems with the balance and the output of the token. Please, all community members, airdrops and bounty programs, register on ecoinomic.net and report problems in Support: https://account.ecoinomic.net/support This is the quickest way to resolve issues. The answer or solution to your problem may take up to 24 hours. At the moment, the community managers in our chat room do not solve technical issues. You need to create a ticket in the support. When registering, specify the current mail. For airplay participants: if during registration your balance is 0, in the text of the request to the support service, the user should send telegram-username and the number of the purse indicated at the registration in the bot. Thank you for your participation and understanding.

2018-08-02 09:19:53

Why HODL CNC tokens on eCoinomic.net? CTO Maxim Akulshin tells us why: - Firstly, those who store their CNC tokens on the platform will be able to buy cryptocurrency and use the services of the platform on the most favorable terms - Secondly, they will be able to participate in promotions held on the platform, - Thirdly, it allows avoiding additional costs of storing the tokens on third-party purses. For explain, when storing tokens on a third-party wallet, the user must also store a small amount of ETH for the possibility of paying a commission for the output of tokens from the wallet. When storing tokens on the platform, you do not carry these costs.

2018-08-01 14:13:51

THE ADDRESS OF OUR SMART-CONTRACT PUBLISHED It is necessary to set up a third-party purse in order to receive the CNC tokens. Before you will be able to send the CNC tokens to a third-party purse, you will need to configure it. Read the instructions on how to prepare a purse for receiving the tokens, using the MyEtherWallet wallet as an example. Open MyEtherWallet. Find the item "Add your Token" Correctly fill in all the fields. Contract: 0x2042120c6fd5d4ea564460632cece6572727a8f3 Token ID: CNC Decimals: 18 After that, your wallet will be ready to receive the CNC tokens. Please be reminded that the most secure way of storing CNC tokens is in the electronic wallet on the eCoinomic.net platform. By storing the token in our wallet, you benefit from additional features and privileges. Please note that in the event of an error in your purse address, it will not be possible to cancel the transaction.

2018-08-01 10:31:46

Dear friends, eCoinomic.net smart-contract is about to start issuing CNC tokens. In the near future in your personal account on the ecoinomic.net, you will have the ability to withdraw the CNC tokens to your ERC-20 wallets. Please, be careful when withdrawing the tokens to external wallets. The transaction cannot be canceled. Please be reminded that storing CNC tokens is the most secure on the internal wallet of the eCoinomic.net platform. By storing the tokens in our wallet, you benefit from additional features and privileges as the platform user.

2018-07-31 10:39:29

eCoinomic.net introduce: A brief history of loans from antiquity to the present day. Read in our Medium blog https://medium.com/ecoinomic/a-brief-history-of-loans-from-antiquity-to-the-present-day-a3831b7d52ed #education #story

2018-07-30 13:05:08

ECoinomic — how does it work? Watch our video and be informed! It's a digital platform providing traditional financial services to cryptocurrency holders. Its premiere service is fiat loans backed by crypto collateral. The project aims to bridge the gap between fiat and crypto worlds by bringing together cryptocurrency holders and institutional investors/family offices into a single lending network.

2018-07-30 11:46:39

South Korea’s primary financial regulator insists on the creation of the country’s first regulatory bill for the cryptocurrency sector amid fears of substandard security in the industry. Hong Seong-ki, Head of the virtual currency response team at South Korea’s Financial Services Commission (FSC), Hong Seong-ki, has joined the chorus among authorities and lawmakers seeking to regulate the cryptocurrency sector by stressing the importance of new laws centered on investor protection and anti-money laundering (AML) norms in the sector. “We’re trying to legislate the most urgent and important things first, aiming for money-laundering prevention and investor protection. The bill should be passed as soon as possible!”, — Hong Seong-ki added. The official calls for speeding up the regulation of crypto-currency bills that were submitted to the National Assembly earlier this month in the form of projects after his initial proposal in March. Source: ccn.com

2018-07-28 19:22:35

Dear community! We remind you some about important news: given the current success of the promotional activities in the Asian markets and the demand for our service, we decided to allow representatives of the Asian market to participate in the purchase of tokens within the ICO and extend it until the 1st of November, 2018. At the same time, the distribution of tokens scheduled for 1st of August among the participants of the past stages of the Crowdsale will take place!

2018-07-26 10:58:27

Dear friends, CNC tokens will be distributed on the 1st of August 2018. At the same time, our platform will start to provide our new service in which users could purchase crypto currencies with VISA and MasterCard bank cards. We wish to thank ICO participants, partners, experts and other people who are sincere about the project. Your advice, opinions and criticism are very important for us. It helped us to develop and move forward. Let us recap our path: 1. To date we have raised over 47 million USD. More than 25 000+ users are registered on the eCoinomic.net platform, and our community exceeds over 100 000 participants. 2. VISA and MasterCard holders can buy CNC tokens on the ecoinomic.net website, which makes it as easy as ordering a pizza online. 3. For you convenience, there are offices in Korea, Great Britain, Estonia and Russia. Our team consists of 80+ professionals. 4. European and Asian banks, including Blueorange Bank and Woori Bank, opened accounts for the project, KPMG, the largest international company that provides legal and audit services, Oracle capital advisors LTd, the international asset management expert, and the leading law firm in Asia JIPYOUNG Ltd. have become our partners. 5. eCoinomic.net received an international license for a currency exchange to work in all markets. We implemented the plan to obtain Legal Opinions for working in key markets, including Korea, Europe, Kazakhstan, Vietnam and Ukraine. 6. Leading rating agencies have highly appreciated our project eCoinomic.net. Among them are ICObench, TrackICO, ICOmarks, TheTokener, ICOCalendar, ICOKR, ICO Korea and many others. 7. Our project is covered in more than 100 publications of authoritative media, including Forbes, CCN, RBK, DeCenter, Kommersant, NewSIS, Coinspeaker, FNToday. 8. The team eCoinomic.net, headed by CEO Alex Smolianov, participated over 20 blockchain conferences and IT events around the world. 9. Leaders of technological progress in South Korea: Dr.Oh Muyng - ex-minister of South Korea, Mr.Park-Bong Kyu - executive director of Korea CEO Summit and CEO of World Blockchain Summit MARVELS, Ph.D. IK Song, a professor at the University of Korea and an expert on alternative investments, highly appreciated the potential of the project and provided us with support as experts. 10. Thanks to eCoinomic.net, an agreement was signed to create a Consortium between the International Banking Institute (ANO HE IBI) and World Blockchain Summit MARVELS in the framework of the development of financial and IT solutions in the Russian and Korean markets. 11. CEO of eCoinomic.net Alexei Smolianov accepted the offer to become the ambassador of the World Blockchain Summit MARVELS on the territory of the Russian Federation and Great Britain. Alexei Smolyanov will contribute to expanding ties with the political and business elite, promoting the ideas and values of the organization, to promote the unification of crypto enthusiasts and investors around the world. Given the current success of promotion in the Asian markets and the demand for our service, we decided to allow representatives of the Asian market to participate in the purchase of tokens within the ICO and extend it until the 1st of November, 2018. Attracting more users to the platform and expanding the geographic presence will accelerate the growth of the CNC token value in the market. At the same time, the distribution of tokens scheduled for 1st of August among the participants of the past stages of the Crowdsale will take place. We remind you that you need to go through the KYC procedure in your personal account on out site to use tokens or withdraw them from the platform. Detailed instructions are available in your personal account. Also, you can contact support at any time! Thank you for being with us. The eCoinomic.net team.

2018-07-21 16:12:15

Интересный проект

2018-07-18 12:30:05

Why does a blockchain-project need to obtain Legal Opinion? A legal opinion is required for the legal work of an organization in a particular jurisdiction. Obtaining a legal opinion is an obligatory step to the legal launch of a project in a new jurisdiction. 5 reasons why eCoinomic.net platform obtains legal opinions in different jurisdictions - read in our new story in Medium blog. http://bit.ly/2LhhZBF

2018-07-16 14:15:04

CNC token is already $0.11! Hurry up to join Crowdsale until it has risen in price even higher! account.ecoinomic.net

2018-07-16 08:36:29

http://meetu.ps/e/Fz5hH/G61Xc/f Calling all cryptocurrency owners! Meetup for everyone who would like to learn more about cryptocurrency lending, development of financial and banking products based on blockchain technology. eСoinomic.net welcome everyone to join the discussion! Venue: 149-30 Samseong-dong, Gangnam-gu, Seoul, (https://m.store.naver.com/restaurants/detailMap?id=13117039&back=false)

2018-07-13 11:11:42

We have already started the meetup in Seoul for everyone who would like to learn more about cryptocurrency lending, development of financial and banking products based on blockchain technology! Have you joined already? Then we're waiting from you to be active in discussions! Venue: 149-30 Samseong-dong, Gangnam-gu, Seoul, Time: 7-9 PM (local time)

2018-07-11 18:02:12

ECOINOMIC.NET REFERRAL CAMPAIGN: More than 1000 users have already joined our referral campaign and got bonus CNC tokens equal 5% of the funds raised! Rules and mechanism of the referral campaign is quite simple: 1. https://account.ecoinomic.net/reflink Here is your unique link for sign up on the platform by your personal code; 2. Invite new users to our project by your unique link; 3. The balance of all new members that will be registered by your invitation will be linked to your account; 4. As soon as the purchase of participant invited by your link is confirmed, 5% of the purchase amount is added to the CNC tokens balance of your personal account.

2018-07-11 12:24:03

Calling all cryptocurrency owners! Meetup for everyone who would like to learn more about cryptocurrency lending, development of financial and banking products based on blockchain technology. eСoinomic welcome everyone to join the discussion! Each participant will get bonus 500 airdrop eCoinomic tokens for free!!! Venue: 149-30 Samseong-dong, Gangnam-gu, Seoul, (https://m.store.naver.com/restaurants/detailMap?id=13117039&back=false)

2018-07-09 15:08:00

Hi everyone! Just added this incredible ICO to my website https://findico.io/ico/ecoinomic Findico.io is a leading cryptocurrency and ICOs portal. Whether you are already involved with ICO or other cryptocurrencies or just want to get into it, Findico.io is a resource to keep updated. ICO rating platform supported by investors and financial experts and users. Findico.io mission is to make it easy for users to find the best ICOs to join. We strive to provide useful and transparent information on ICOs, helping users find projects that have a great potential for success. We also offer a whitelabel platform for ICO projects (Wallet, tokensale system, smart contract, audit and etc) to present themselves to potential users. We have steadily increased the quantity and the quality of information required from ICO projects and we will continue to do so to help this new industry flourish.

2018-07-09 15:00:03

We are pleased to announce that Ph.D. IK Song has become the new advisor of eCoinomic.net. Ph.D. IK Song is a professor at Korea University (Seoul) lecturing Technology Investment and M&A, organizer of CryptoForum for HotCoins and columnist of The Korea Economic Daily. As an advisor of the project Ph.D. IK Song will participate in meet-ups hosted eCoinomic.net, training seminars and lectures for investors and crypto-enthusiasts.

2018-07-09 14:30:08

eCoinomic.net CNC token keeps going up in price, now it's worth $0.10! More good news - Mastercard has approved the release of bank cards for the eCoinomic.net project and we have already issued the first batch of cards! And the last but not the least - our customers can now buy CNC tokens using bank cards. Investing in future is even easier now! Join the Crowdsale at account.ecoinomic.net

2018-07-06 17:00:11

Join our Medium and read the new article about how eCoinomic has made purchase of crypto assets possible with a bank card https://medium.com/ecoinomic/the-purchase-of-crypto-assets-has-become-possible-with-a-bank-card-a6c5c15f217e

2018-07-06 13:15:08

Here are just several advantages of eCoinomic.net over similar projects: 1 — Multi Currency: BTC, ETH, LCH, BCH + TOP10 will be accepted. USD, EUR and later GBP, JPY, CHF, CNY are listed among fiduciary currencies on loans; 2 — Speed of cash Fiat: it takes only a few minutes thanks to the internal payment agent; 3 — Security and transparency: intellectual contracts will govern the procedures for blocking, refunding or guaranteeing; 4 — Price control system: checks the cost of the guarantee every minute based on the data of several exchanges; 5 - Insurance reserve fund: will add to the attractiveness of the project to large and small investors.

2018-07-05 20:01:54

#eCoinomic Roundtable discussion with Plenipotentiary Representative of the Legislative Assembly of St. Petersburg on the development of legislation in the field of blockсhain and cryptocurrencies in Russia and Korea

2018-07-05 10:29:01

Ex-Minister of South Korea Dr. Oh Myung about eCoinomic.net: "The key to the success of high-tech projects is a clear understanding of their product and market, professional team and strong leaders. eCoinomic.net has all of this, so I have no doubt about their success."

2018-07-04 15:45:08

Dear friends, we are happy to announce that in the personal account area of ecoinomic.net web it is now possible to purchase CNC tokens for funds using a bank card. The service is provided by the European partner bank of eCoinomic.net in compliance with all the modern requirements for payment security. This is the first successful experience of such integration. Now it's even easier to invest in crypto future!

2018-07-04 12:18:06

eCoinomic is the part of Sauber Group. Watch new video on our youtube channel https://www.youtube.com/watch?v=MzJpswqx2o0

2018-07-03 15:00:06

Roundtable discussion with Plenipotentiary Representative of the Legislative Assembly of St. Petersburg on the development of legislation in the field of blockсhain and cryptocurrencies in Russia and Korea

2018-07-03 13:00:04

Meeting in Sauber Bank, signing of accord with MARVELS

2018-07-03 12:32:32

CEO of eCoinomic.net and Sauber Bank Alexei Smolyanov became the official ambassador of the international organization World Blockchain Summit MARVELS A corresponding agreement was signed with the founder of the World Blockchain Summit MARVELS Mr. Park-Bong Kyu with the participation of the Honorary President of the World Blockchain Summit MARVELS and the Ex Minister of Science and Technology, Ex-Deputy Prime Minister of the Republic of Korea Dr. about Meng. As an ambassador on the territory of the Russian Federation and the UK, Aleksey Smolyanov will contribute to expanding ties with the political and business elite, promoting the ideas and values ​​of the organization, promoting the unification of crypto-enthusiasts and investors under the auspices of the World Blockchain Summit MARVELS.

2018-07-03 12:10:19

Our Korean guests met with the president of International Banking University Maria Sigova and shaped a plan of future cooperation.

2018-07-03 12:00:09

The boat tour down the Neva

2018-07-03 10:00:13

Mr. Oh Myung and Mr. Park-Bong Kyu spent rich weekend in Saint Petersburg in main Russian museums - The State Hermitage Museum and The State Russian Museum

2018-07-02 12:30:08

Ex-Minister of Science and Technology, former Deputy Prime Minister of Korea Mr. Oh Myung and CEO of the Korean CEO Summit and the World Blockchain Summit MARVELS Mr. Park-Bong Kyu, along with the eCoinomic.net team led by CEO Alexei Smolyanov held the roundtable discussion with Plenipotentiary Representative of the Legislative Assembly of St. Petersburg on International Relations Vatanyar Yagya and Deputy Head of Management and External Relations Irina Lubavina. The meeting discussed the development of legislation in the field of blockсhain and cryptocurrencies in Russia and Korea, as well as the participation of the government of St. Petersburg in the activities of the Korean CEO Summit.

2018-07-02 09:10:13

In case you haven't read our Techical Paper yet we strongly recommend you to do it. It may answer many of your questions regarding the project https://ecoinomic.net/docs/technical_paper

2018-06-30 18:00:09

Follow the eCoinomic.net Instagram by our CEO Aleksei Smolianov! Featuring exclusive photo, notes from team members and possibility to chat with Aleksei in comments

2018-06-30 16:10:20

Official buffet featuring string quartet "Music of Neva"

2018-06-30 14:10:28

On Petropavlavskaya Tower

2018-06-30 13:00:36

Dr. Oh Myung and Mr. Park-Bong Kyu in Saint Petersburg. Day 1.

2018-06-29 19:36:19

A huge honor - acquaintance with Wu Ming Korea Former Deputy Prime Minister, in St. Petersburg! Shot from the cannon together with the Director Police College - Oleg Yarukhin!

2018-06-29 11:30:15

On the official buffet in favorem of the arrival of our Korean guests the string quartet "Music of Neva" perfomed a great show.

2018-06-29 11:10:01

Later our Korean guests and the eCoinomic.net team visited the Museum of cosmonautics of Saint Petersburg

2018-06-29 10:49:25

Ex-Minister of Korea, Dr. Oh Myung and CEO, Korea CEO Summit CEO, World Blockchain Summit MARVELS Mr. Park-Bong Kyu are in Saint Petersburg at the behest of eCoinomic.net ans Sauber Bank CEO Aleksei Smolianov. On the first day our guests visited Petropavlovskaya tower. Dr. Oh Myung made a cannot-shot and got a shell as a gift.

2018-06-28 18:00:12

Banks can’t partner themselves into digital relevancy https://bit.ly/2KefTTn

2018-06-28 17:00:02

The AI Expo Europe 2018 in Amsterdam has come to an end. Our team members have presented eCoinomic.net the past two days and noticed that being centralized creates a lot of attention; ‘Blockchain is about decentralization right?’ -Yes that is a feature, but we at eCoinomic.net believe that having a decentralized lending platform (P2P) is not the right thing to do. By being centralized and obtaining the right licenses, we can bring institutions and family offices to the crypto ecosystem to provide liquidity. If you agree with us, join at account.ecoinomic.net!

2018-06-23 05:06:53

I like this project, we hope for the best

2018-06-23 00:31:43

good

2018-06-22 22:48:31

Another good one

2018-06-22 18:50:59

OK!!!

2018-06-22 16:56:11

Yesterday, the first meeting of eCoinomic.net with the representatives of the Seoul crypto community was held. We were convinced that pizza and a glass of good wine can easily overcome language barriers. Communication was very rich, we discussed many interesting and important topics. The meeting ended in past nine in the evening, when the streets were already quite dark. "This is the best MeetUp of all I've been to," one of the party members admitted before leaving. The eCoinomic.net team thanks everyone who showed interest in the meeting and our project. We plan to make such meetings periodic. Please be with us.

2018-06-22 16:38:37

Amazing project, Good luck to all!!

2018-06-22 15:27:49

this project is very promising, has great relevance and will achieve success.

2018-06-22 14:27:25

very good

2018-06-22 13:21:26

Good luck, cool project!

2018-06-22 12:44:40

Perfect

2018-06-22 11:40:03

Nice good

2018-06-22 11:29:16

http://t.me/cncdropru_bot?start=zeiqSZbOqSrM

2018-06-22 10:27:52

Project with a great team behind it and I'm glad to be part of your community. Very interesting project. Good luck in your project and I hope that this leads to great success.

2018-06-22 10:23:46

Mari join

2018-06-22 10:08:10

good project

2018-06-22 09:10:11

The Korean agency ICO-KOREA estimated ecoinomic.net so high they located our banner on their main page! Here's their review in Korean http://ico-korea.com/505

2018-06-21 10:05:08

eCoinomic.net name and logo are now registered trademarks by European Union Intellectual Property Office!

2018-06-20 15:30:10

Why should banks take crypto assets as collateral? What are the difficulties of the P2P investor? How does a smart contract save legal proceedings? Answers to these and other questions in the new column of CEO eCoinomic.net Alexei Smolyanov for Forbes "Credit for Bitcoin Why is it advantageous to use crypto currency as collateral" http://www.forbes.ru/finansy-i-investicii/363201-kredit-za-bitkoin-pochemu-vygodno-ispolzovat-kriptovalyutu-v-kachestve

2018-06-20 15:05:02

Some Italian banks still accept cheese as collateral. Cheese ripens while gradually gaining additional value and on loan money farmers are brewing a new product which can be loaned again. Perpetual motion machine. Is bitcoin the worst bail compared to cheese? Let's find out with eCoinomic CTO Maxim Akulshin. https://decenter.org/p/607-bitcoin-vs-parmesan-rus We need to understand whether we can use bitcoin as collateral for issuing short term loans. How often will we face margin-call? If we look at the schedule of the bitcoin course from 2016, that days when the bank could face the need to sell a pledge or change an arrangement with a borrower due to high volatility of the market, will be less than ten. And this is on a two-year interval. In our experience, in percentage terms this is not more than 1.5% of all loans issued for the year. A similar situation will be with ETH, XRP and DASH.

2018-06-20 09:15:07

Next Stop - Amsterdam https://www.ai-expo.net/europe/ ! On 27-28 June eCoinomic.net is attending AI Expo Europe 2018 - the Europe's Leading Artificial Intelligence Event! It is a showcase of next generation technologies and strategies that will bring together forward thinking brands, market leaders, AI evangelists and hot start-ups. Meet us there!

2018-06-18 12:15:21

And in the meantime our founders are at the VIP dinner of the opening of the World BlockChain Summit MARVELS!

2018-06-18 08:45:12

eCoinomic.net is attending MARVELS! South Korea CEO Summit is hosting the World BlockChain Summit "Marvels" on June 19 in Seoul! Among the speakers: Ha Tae Seok, Chairman of Future City Seoul; Han In Suk, Honorary President of the University of Utah Asian Campus; Song hee Kyoung, Member of the National Assembly; Dmitry Khan, Vice President of International Business; Stephen Chia, Regional Head at NEM foundation Malaysia - and many others including of course the eCoinomic.net CTO Maxim Akulshin! This one of the most global and benchmark setting events is hosted by Korea CEO Summit that was served as the Global Foundations' union in 2003 with over 8000 members and CEOs such as CICON and HERMES. Chairman of Korea CEO Summit Park Bong-gyu described MARVELS as a of world-class Blockchain Community which achieves amazing results thanks to a wonderful work. Starting from this event in Seoul organizers will continue the World Blockchain Summit MARVELS events in Hong Kong (August 23-28, 2018), Singapore and Dubai. http://www.wbsmarvels.com

2018-06-18 08:00:05

Calling all cryptocurrency owners! Meetup for everyone who would like to learn more about cryptocurrency lending, development of financial and banking products based on blockchain technology. еСoinomic.net welcome everyone to join the discussion! Each participant will get bonus 500 airdrop eCoinomic tokens for free!!! You can register here: https://www.meetup.com/eCoinomic-Seoul-Meetup 모든 암호화폐 소유자들에게! 암호화폐 대출, 블록체인 기술을 기반으로 한 금융 및 은행의 프로덕트 개발에 대해 더 알고 싶어하는 모든 사람들을 위한 모임입니다. eCoinomic.net은 모든 사람들이 토론에 참여하는 것을 환영합니다! 각 참가자는 무료로 보너스 500 CNC 토큰을 받게됩니다 !!! 여기에서 등록 할 수 있습니다 : https://www.meetup.com/eCoinomic-Seoul-Meetup

2018-06-16 15:00:23

How can be Bitcoin secured as same as your own apartment or a car? eCoinomic.net CTO Maxim Akulshin explained the idea and structure of the platform to "Blockchain Times" magazine

2018-06-16 14:20:13

Why do Russian banks offer bitcoins to clients? eCoinomic.net CEO Aleksei Smolianov explains in Forbes: "With proper management, the crypto currency is not very volatile. With a small share in the portfolio, crypto assets can give a good gain. In the long term, with a horizon a year the probability of growth is great, but as for the short-term outlook, the price can be adjusted downwards, which will lead to significant losses" http://www.forbes.ru/tehnologii/363175-vygodnyy-aktiv-zachem-sberbank-i-alfa-bank-predlagayut-klientam-bitkoiny

2018-06-14 13:10:11

Today CEO of eCoinomic.net Aleksei Smolianov successfully pitched the platform on The 2d Annual Summit On Blockchain Technology & Cryptocurrency in Astana. Aleksei told about importance and long-term benefits of using the technology in the most relevant areas for the region to the representatives of the Blockchain and Cryptocurrency industry from around the world. He also mentioned the destination and life cycle of the utility CNC token.

2018-06-13 13:31:02

The eCoinomic.net platform is officially launched in Russia. eCoinomic.net in partnership with microcredit organization "Dengi Budut" (Certificate of the Central Bank of Russia No. 1703140008108) are happy to announce the launch of service to providing loans to owners of crypto assets - CryptoPawn. This is the first completely legal service in Russia on lending against crypto-assets and the first start of the eCoinomic.net platform. You can apply for a loan on the basis of crypto assets right on the site cryptopawn.ru. To obtain the funds, it is enough to choose the desired loan size, crypto currency for collateral (now only BTC and ETH are available) and apply for it on the site. When you urgently need fiat money, it is more profitable to mortgage a crypto currency than to sell it. For example, your bitcoin cost is 6500 dollars. You need money, but you do not want to sell a coin, because there is a high probability that in a few months its price will be $ 10,000. Then you register on the service, determine the desired amount, send your deposit and receive money. When you no longer need this money, return the loan and get your coins. In this case, you will return exactly the amount of the crypto currency you have pledged - even if the value of the collateral has grown during this time. In addition, if you bought bitcoin at a price of $ 10,000, selling it for $ 6,500 is not profitable, so the ability to mortgage assets is a good way to wait for a bear market without significant losses. Start to benefit crypto currency without selling it! Information about the conditions and tariffs on the site cryptopawn.ru.

2018-06-13 09:08:10

The 2d Annual Summit On Blockchain Technology & Cryptocurrency in Astana will be held tomorrow! On June 14, 17:00-17:45, our CEO Aleksei Smolianov and our Investment Director Alpamys Tatishev will present eCoinomic.net platfrom. Drop in!

2018-06-11 14:10:06

OUR LEGAL PARTNER: Ardea Legal Ardea Legal Services provides legal support in corporate finance transactions generated by Ardea's Investment Banking arm, but in addition provides stand alone legal services to a range of clients active in Russia.

2018-06-11 09:00:19

Meet our advisor - Stewart Stewart! Having previously worked in Finance and Business Development at Yellow Brick Capital Advisers and being a Founder of One Venture Partners, Stewart brings a wealth of experience to the eCoinomic.net project as an Investor Relations Advisor

2018-06-10 09:50:37

Today CNC price is already $0.07! Don't miss to buy before it rise even higher!

2018-06-09 08:30:09

Bank BlueOrange (Latvia) has opened a phiatic ICO account for the eCoinomic.net project. This is not the first fiat account, which allows you to buy tokens and participate in the ICO platform eCoinomic.net without pre-purchase crypto assets. Now our tokens can be bought for fiat money by bank transfer. This will allow to sell tokens to new participants - legal entities that can directly transfer fiat and become buyers of our tokens. Also, it allows individuals to choose between payment methods: if you need to pay for tokens with fiat money, you can now do this. BlueOrange is one of the largest enterprises in Latvia and maintains its position in the TOP-10 of the country's largest banks by assets. The eCoinomic.net team is grateful to the management of BlueOrange Bank for their interest and professional approach to work. To sign the contract, BlueOrange Bank employee flew to Seoul where Alexe Smolyanov, the CEO of eCoinomic.net, was at that moment. We are sure that today's event will become the basis for fruitful and long-term cooperation between our organizations and make the world more transparent and accessible to people.

2018-06-08 14:00:02

OUR LEGAL PARTNER: Bright Law A law firm providing comprehensive legal support to businesses. Its clientele includes financial service providers, IT firms, trade and industrial enterprises.

2018-06-08 09:00:06

Not coincidentally one of our mottoes is “Bridging the gap between crypto and traditional finance”. The serivce eCoinomic.net offers is quite simple — but it requires solid experience in traditional finance, something that most of the blockchain projects can not offer. Competence and reputation in traditional finance is something that needs years to acquire, and newly opened companies do not have this advantage.

2018-06-07 09:00:20

We remind that eCoinomic.net is presenting its platfrom at the 2d Annual Summit On Blockchain Technology & Cryptocurrency in Astana, Kazakhstan! Don't miss it from 17:00 to 17:45 on June 14!

2018-06-06 14:00:04

OUR INVESTOR PARTNER: ONE VENTURE PARTNERS A group of international families and entrepreneurs enabling innovative businesses by providing a blend of operational support and capital.

2018-06-06 09:10:03

Our KYC partner: SUM&SUBSTANCE Sum&Substance is a developer of remote verification solutions. Our technology allows online services around the world to meet regulatory requirements, prevent fraud and enhance customer confidence.

2018-06-05 19:10:21

eCoinomic #ICO review - 7.9/10

2018-06-05 18:10:09

Why will the token price grow after the token sale?

2018-06-05 09:00:05

eCoinomic.net is going to attend at the 2d Annual Summit On Blockchain Technology & Cryptocurrency on June 14 in Astana, Kazakhstan. Summit will bring together representatives of the Blockchain and Cryptocurrency industry from around the world to talk about their successful experience of using the technology in the most relevant areas for the region.

2018-06-04 13:55:01

Meet the eCoinomic.net Investment Director - Alpamys Tatishev! Having graduated from Richmond, The American International University in London with a degree in International Business, Alpamys has extensive experience in project management, precisely in fintech industry. His interests include investing in software companies and blockchain technology. He is a partner in ARMLON, Co-Founder of One Venture Partners and is responsible for Investor Relations at eCoinomic.net.

2018-06-04 09:00:12

Crypto investors face a dilemma; whether to hold their digital assets waiting for them to grow in value, or to invest them into ICOs hoping for much bigger margins in the future. There’s one more thing that you can do with your digital gold: get an instant loan secured using your crypto funds. However, lack of confidence hinders crypto-holders and potential investors from using crypto pawnshop. That's why in order to become truly successful in this field, the company must be experienced in the financial sphere, in working with regulators, have a solid business model and already operational infrustructure working with different crypto assets, not just Bitcoin and Ether. eCoinomic.net is a company that answers all those purposes.

2018-06-02 14:00:04

OUR TEAM: Aleksei Smolianov — founder and CEO at Sauber Bank (founded in 1992), having worked in the area of finance for over 15 years Vitalii Topor and Maria Smolianova — co-founders and owners of a microfinance organization located in more than 30 cities. Maksim Akulshin — co-owner and CEO at SIIS (since 2009), an entity developing software products for finance and research companies.

2018-06-02 10:30:08

We remind you about the terms of Reserve stage. The stage starts from 1 June to 1 August or until the Hard Cap of $106 million is reached. Reserve — the funds are not be spent and form the security deposit to attract financial resources of institutional investors and family offices. CNC price — $0,06 — $0,12.

2018-06-01 10:00:06

The Reserve stage of our token sale is now open! The price will subsequently rise, so don't miss the chance and get CNC tokens now for $0.06 each.

2018-05-31 13:50:07

Why choose a pawnshop and not an ordinary bank? There are some reasons for that. First of all, banks won’t suit everyone as they require proof of income and a good credit history from potential borrowers. Second, if you need a really big sum, you will have to not only provide a guarantor and get life insurance, but you would also have to provide collateral. At the moment the traditional financial institutions don’t accept cryptocurrency as collateral. Moreover, not every bank provides the possibility of filing an application for credit online.

2018-05-31 09:15:01

Cryptosphere requires more liquidity. One of the ways to provide it is to bring in large players from traditional finance: institutional investors (mutual and hedge funds, commercial banks, insurance companies etc) and family offices. With the participation of institutional investors eCoinomic.net platform users can be sure they’ll be able to use its lending services without unnecessary limitations and difficulties — frequent companions of the P2P approach.

2018-05-30 12:35:05

Our parent company: Information and Communication Systems Ltd (SIIS) Information and Communication Systems develops software products and telecommunication systems since 2009. SIIS offers a wide range of services with an emphasis on modern comprehensive data processing and web analytics. During the last year the company’s flagship software product Survey-Studio has registered 2300+ analytical projects with more than 1,500 questionnaires containing more than 64,000 questions. Altogether, the system recorded more than 6,500,000 interviews with more than 67,000,000 collected answers. At this point Survey-Studio has more than 190 registered customers including large private and government organizations like Russian Public Opinion Research Center (VCIOM, the oldest and one of the leading sociological and market research companies in Russia), Public Opinion Foundation (FOM), NAFI Research Center, Validata research company.

2018-05-30 10:25:13

Our parent company: Leningrad pawn shop network. The company started its operations in August 2015. 20+ pawn shops have been launched in 5 regions of European part of Russian Federation within the first year of operations. The pawn shops specialize in operations with jewelry and gold. There are two services provided — jewelry buyout and lending backed by jewelry or gold. 96% increase of sales revenue since August 2015 for August 2017, 29 months operating and investment costs recovery, customer retention rate at 76% — such performance lead to 23% ROI at the end of 2017.

2018-05-29 16:30:01

Great news! eCoinomic.net got the operating licenses from the Ministry of Economic Affairs and Communications of Estonia for providing services of exchanging a virtual currency against a fiat currency and for providing a virtual currency wallet service. Here are the proving links: https://mtr.mkm.ee/taotluse_tulemus/484847 https://mtr.mkm.ee/taotluse_tulemus/484846

2018-05-29 12:27:51

Our parent company: Microfinance company “Dengi Budut!” The microfinance company “Dengi Budut!” operates in Russian Federation since April 2011. “Dengi Budut!” is a fintech lending company that has built out its own credit rating infrastructure and own qualified collection service equipped with high technologies and technical means. Since 2011 the company has scaled its profitable growth model throughout Russian Federation; there are offices in the 30 major cities. With its own developed product — Installment Consumer Loans — the Company performs with the figures that distinguish it as a leading lender in the sector: customer retention rate 62%, EBITDA margin 41% and NDL 90+ 12% under the financial year 2017.

2018-05-29 09:00:06

Let us introduce our parent companies: Sauber Bank Sauber Bank JSC is a Russian bank that was established in 1992 and reorganized from one of the oldest USSR banks. The bank offers a variety of financial services both for both individuals and businesses: loans, deposits and currency exchange, leasing, settlement service and cash services. The bank has branches in St.Petersburg and Moscow. The bank’s financial indicators for the financial year 2017 are: Net assets: RUB 2.8 billion (approximately USD 46 million), Capital adequacy ratio is 26.5%, Acid-test ratio is 141.4%, Current liquidity ratio is 122.6%.

2018-05-29 09:00:06

Let us introduce our parent companies: Sauber Bank Sauber Bank JSC is a Russian bank that was established in 1992 and reorganized from one of the oldest USSR banks. The bank offers a variety of financial services both for both individuals and businesses: loans, deposits and currency exchange, leasing, settlement service and cash services. The bank has branches in St.Petersburg and Moscow. The bank’s financial indicators for the financial year 2017 are: Net assets: RUB 2.8 billion (approximately USD 46 million), Capital adequacy ratio is 26.5%, Acid-test ratio is 141.4%, Current liquidity ratio is 122.6%.

2018-05-28 14:30:04

Why is our Hardcap so huge? To involve institutional investors it is mandatory to provide them with a guarantee that they do not invest directly into cryptocurrencies and that their money is secured. The first guarantee is provided by the fact that eCoinomic.net is an intermediate between lenders and borrowers from the cryptosphere, thus Institutional investors will not directly interact with cryptocurrencies. The Reserve is needed for providing the second guarantee — the monetary one. eCoinomic.net will cover all of the lending funds attracted from institutional investors with an equitable amount of funds raised during the final stage of the Pre-Sale. These funds, or the Reserve, will be held on escrow bank accounts and will not be spent in any case other than to compensate the institutional investors for any loss should there be problems with loan repayment. Only $25 million out of our $106 million Hardcap can be spent, the rest will be locked as a guarantee for the lenders and even the team will not be able to access it since it will be held in escrow.

2018-05-28 11:30:05

We need to stop applying trendy concepts where they don’t belong! Decentralisation is one of such concepts. Ever since the crypto rush started, we’ve seen hundreds of projects that were trying to apply decentralization to every possible field, effectively changing its perception from a promising idea to a senseless buzzword. Needless to say, most of these projects failed. The blockchain is not panacea, and the same stands for the decentralization. Especially when it comes to the financial field.

2018-05-28 09:00:07

For traditional finance organization it is also difficult or sometimes impossible to deal with cryptocurrencies. For instance, in many countries banks and funds can’t invest in the cryptocurrencies directly. The digital assets market is attractive but yet often unreachable. We at eCoinomic.net aim to help changing that. In contrast with many blockchain projects, eCoinomic.net is not a startup in the full meaning of the word — we have four parent companies: a bank, a microfinance organization, a pawn shop network and an IT company. For years we have been working with banking products, loans, microfinance and IT development and now we are bringing all the necessary competence to the cryptosphere.

2018-05-27 14:15:00

eCoinomic.net serves as an intermediate service between financial institutions that act as lenders and the individuals that act as borrowers. We take the role of a guarantor for financial institutions — all the risks associated with a lending procedure are eliminated by eCoinomic.net who provides full financial coverage of the loan. This model offers a solution of low-risk profitable investments to financial institutions. By attracting such investments eCoinomic.net brings more liquidity to the cryptosphere. We offer instant loans in fiat currencies using the collateral of crypto assets. The clients can quickly get a needed amount without selling off their crypto assets, entrusting them instead to a company, managed by professionals from the financial industry — including traditional pawn shops.

2018-05-26 14:00:33

What is a CNC token? - All commission fees within the platform, including obtaining loan fees, are paid with CNC tokens. - All commission fees are indicated in USD and paid in CNC at the rate against USD. - CNС is an ERC20 utility token. - CNC tokens ones accepted as a payment are removed out from the circulation. Due to the decrease in the number of CNC tokens in the system due to their withdrawal after a single use, the effect of deflation occurs. Consequently, the CNC price of the services goes down. Token supply reduction emerges within the ecosystem while the amount of services provided by the platform is unaffected.

2018-05-25 12:15:04

During our ICO we will issue 2.1 billion CNC tokens. If we do not manage to reach the hard cap, we will burn the unsold tokens and thus they will not be counted in our supply. The founders' tokens will be frozen for 2 years. Commission will be charged every time a crypto owner uses the service. This commission is fixed in USD and will be expressed in and can only be paid with our tokens at the current exchange rate. All tokens used in this way will be removed out. To conclude, the more funds we raise during the ICO, the more loans and scale we can provide; the more CNC tokens will be taken out of the supply, the more they will rise in value.

2018-05-25 09:10:06

Funds gathered during the Reserve stage are to be allocated as follows: The Reserve (will not be spent) - 81% Operational expenses - 10% Marketing expenses - 9%

2018-05-24 14:24:00

We keep making new friends! Aleksei Smolianov and the institutor of Cryptoforum for Hotcoins Dr. Ik Song

2018-05-24 10:30:02

What differentiates eCoinomic.net from our competitors is our understanding of huge market potential and realizing the necessity to bring the capital funds of institutional investors and family offices from the UK and Switzerland to the crypto market. Professional ties with them have already allowed us to obtain a preliminary agreement on short-term loans for 3-4 months with an interest rate of 2-3% per annum. In contrast to our P2P competitors - they can afford to sell loans against 15-20 per cent interest rate which is significantly higher than our interest rate.

2018-05-24 09:05:15

Maxim and Aleksei are at Cryptoforum for

2018-05-23 14:00:11

Can Bitcoin be Used as Collateral? The new article about eCoinomic.net on Cointime: http://www.cointime.com/blockchain/10658.html

2018-05-23 12:10:05

Aleksei and Maxim picked up with Hey Yon Uk, Senior Managing Director (Head, Finance & Management Planning Unit) and Lee Jeong Hyuk (Global Business Team) from Wooribank 우리은행 to discuss the payment services for our project!

2018-05-23 09:10:17

Our CEOs had the meeting with Dr. Myung Oh, the ex- Deputy Prime Minister of Korea and Minister of Ministry of Science and Technology Planning and Management Office from 2003 to 2006. Had a dinner and arranged about cooperation and future meetings. #Korea #blockchain #fintech

2018-05-23 08:33:00

Geat to follow and try out. The project is worth it

2018-05-23 05:32:27

I think this is a reliable project

2018-05-22 19:11:33

Хочу учавствовать в ICO, ведь очень хорошая монета...

2018-05-22 18:31:02

Есть надежда на лучшее.....

2018-05-22 15:54:07

I'm excited.Good project. I will support this project.

2018-05-22 15:51:06

Good project.. looking forward to this.

2018-05-22 15:42:09

best exchange so far

2018-05-22 14:48:01

Promising project, glad to join.

2018-05-22 13:25:07

Meet our advisor! Warren Whitlock is a digital business development strategist. In 2008, he wrote the first book about Twitter and Mobile Marketing, and the best selling “Profitable Social Media: Business Results Without Playing Games.” He is the host of Social Media Radio and speaks frequently about social media marketing, online publicity and marketing, social networking and building lifetime value for rapid growth. He was also named one of Forbes’ Top 10 Social Media Power Influencers of 2013. Warren helps businesses transform to a new way of doing business using social media and online marketing and promotion to attract the right audience from the 2 billion people using the Internet. His breakthrough strategies to integrate mobile marketing, public relations and and lead generation with conversions to return on investment for lifetime value has helped hundreds businesses achieve rapid and continuing results from their marketing process.

2018-05-22 11:15:04

Crypto Forum For Hotcoin is nearer and yet nearer feautering pre-sale & ICO Blockchain projects pitch competition, vast Pool of 1,000 investors participating, SBS CNBC’s Special Program, Promotional Video, and Internet Articles for Forum. Meet our co-founder Maxim Akulshin as one of the speakers on May 24, Seoul, Korea.

2018-05-22 09:00:29

"I don’t believe in p2p lending services. Yes, that sounds nice – blockchain, revolution and all that. But can’t think of Warren Buffett singing up on a lending platform to let a Russian farmer borrow $500 till the end of May." Maksim Akulshin, at Blockchain Expo Global

2018-05-21 14:20:14

Crypto Utopia: Man-Made Floating Pacific Islands Will Accept Cryptocurrency https://bit.ly/2rXWD1n

2018-05-21 11:25:06

We'd like to present one of our great advisors - Simon Choi. He is an international lawyer, qualified to practise law in England & Wales, and in Hong Kong, China. Simon graduated from the law schools' of Peking University, the University of London and the University of Hong Kong respectively. Simon has advised more than 10 ICO projects globally and contributes to eCoinomic.net by providing an in-depth knowledge of international law, as well as advising and reviewing new blockchain regulations in various jurisdictions. With more than 25 years of experience in international trade, investment, finance, and M&A, he is an asset for eCoinomic.net ensuring the highest degree of compliance and adherence to all relevant government policies towards blockchain technology.

2018-05-21 08:25:03

Remeber ☝️ the more funds we can raise during the ICO, the more services we can provide; the more CNC tokens will be taken out of the supply, the more they will appreciate in value. #ICO #cryptocurrency #fintech

2018-05-20 18:45:06

Switzerland Government Calls for Study on State Cryptocurrency “e-franc”. Looks like a logical step forward in the strong economy development https://www.ccn.com/switzerland-government-calls-for-study-on-state-cryptocurrency-e-franc/

2018-05-20 14:55:03

Lots of people think that blockchain is a tool that can fix everything. Here's an example: https://cointelegraph.com/news/fixing-the-news-blockchain-powered-solutions-for-media-in-crisis Do you agree?

2018-05-19 13:20:23

Our CEOs are attending the Hotcoin conference in Seoul on May 24th! Hotcoin will be organizing the event with a proven track record of attracting a large number of participants to their alternative asset conferences including the ASK Summit and Gwangju Design Biennale Venture Mining Festival. There will be a vast pool of 1,000+ investors participating in the event from all over the world. SBS CNBC Asia will be filming 2 separate broadcast pieces at the event itself that will be aired globally in over 26 countries. The event is dedicated to the education of new investors through current blockchain business models, over a dozen seminars on cryptocurrency markets, and detailed analysis of ICO investment. One of the key topics to be discussed is the legislative regulation of blockchain and cryptocurrency in Korea. There will be world-renowned keynote speakers, and more to take in at the event.

2018-05-19 06:10:01

South Korea to soften cryptocurrency policy! https://bit.ly/2rQ6V3p

2018-05-18 07:09:31

Blockchain is a great and lead-ahead technology but it's not a panacea that will solve all our problems just being implemented everywhere. http://www.brinknews.com/can-blockchain-help-reduce-the-financial-industrys-cyber-risk/

2018-05-17 05:30:01

eCoinomic.net is on CCN! https://www.ccn.com/ecoinomic-ready-to-lead-crypto-backed-lending-revolution/ "...Being used as collateral, cryptocurrency can be as valuable as real estate and even more valuable than a car, which loses its value with time. By using cryptocurrency as loan collateral, a crypto asset can become more valuable over time, especially as cryptocurrencies continue to rise in value. In essence, cryptocurrency is bringing a revolution in lending".

2018-05-16 15:34:04

Congratulations to everybody, we've reached USD 6 million Soft Cap! Development stage of Crowdsale is now over. Reserve stage begins on June 1. Thank you for support and trust, keep glued to the news!

2018-05-16 12:56:24

We've found this great article written by one of our supporters that reveales clearly our big idea and competitive advantages. He also compares eCoinomic.net with the other project on the crypto-backed loans. Which one do you think is better? https://medium.com/@vancuong.dbj/ecoinomic-ico-review-f014de3be2f5

2018-05-15 09:34:50

Well, at ECoinomic we issue loans the other way because we don't believe P2P is good in loans. But Carlos Torres does great, ¡enhorabuena BBVA España! https://bit.ly/2r0Yi4Z

2018-05-14 14:31:25

Today is an eventful day! While the eCoinomic.net represantative Monika is giving a speech in London on "After the Bell: Blockchain Implementation" conference from The Mankoff Company, our CEOs are in Seoul performing at Tokenpost conference. Look how crowded is the place!

2018-05-13 14:23:45

One more meeting with our close friend, now in his place in Seoul. It's nice to see good old friends. Defined the strategy of cooperation, participation in conferences. Now we’re waiting for Mr. Park to our office in St. Petersburg, Moscow and London in July!

2018-05-11 08:42:24

We want to stress that the fund we collect in the ICO process will not be spent. An amount equal to 80 per cent of the funds raised, will be transferred to an escrow account (third party bank which is not a part of our financial structure) in the European Union with a periodic audit. The purpose of these funds is to provide a reserve and guarantees for obtaining funds from institutional investors and family offices. For every million that we can add to the guarantee fund, we can obtain 3-5 millions from institutional investors for the actual issuance of fiat loans.

2018-05-10 06:30:42

eCoinomic.net is a part of the Sauber Group - consortium of companies working in services, financial and fintech industries: Sauber Bank, Microfinance company "Dengi Budut!", Leningradsky pawn shop network, Information and Communication Systems Ltd ("SIIS"). The core team of the project consists of professionals and experts with more than 10 years experience in Fintech Industry and software development.

2018-05-09 13:00:21

The CNC price now is USD 0,05. From the 1st of June CNC price will rise for 1 cent after each 100 million tokens will be sold. So don't miss the opportunity to get CNC tokens now! To join the Crowdsale sign up here https://account.ecoinomic.net/account/login?returnUrl=/ . There is no necessity to pass KYC procedure right now. Take your time. You will have to pass it before the 1st August to receive the purchased tokens to your personal ETH wallet.

2018-05-09 09:00:21

Fintech O2O Global Summit 2018 in Hong Kong! eCoinomic.net founders encountered more excited investors and met the old friend, the Chairman of Korea CEO Summit, CICON and Blockchain Summit — Mr. Bong Kyu Park! Also met the organizer of the summit, CEO of NexChange Mr. Juwan Lee. Had a productive conversation and agreed on cooperation.

2018-05-08 13:00:16

Today our founders Aleksei Smolianov and Maxim Akulshin have participated in Block O2O Blockchain Summit in Hong Kong. Before Maxim made a presentation of eCoinomic.net service and it's vision of the future of blockchain and fintech, they were assisted by a Russian nesting doll while presenting gifts to other visiters. After that the eCoinomic.net team had two speeches about the peculiarities of work in the market of financing and lendings secured by crypto-currency. The conference was held in the historical center of the city in the building of the former police station, which clearly symbolizes victory of the progress over conservative power structures. May be not strategic, but tactical one for sure. As Maxim said, none of the team had been arrested yet

2018-05-07 13:50:06

Our Co-Founder and CTO Maxim Akulshing is giving a speech tomorrow on May 8 in Hong Kong at Block O2O Blockchain Summit 2018 at 11:50 AM as part of QUBE agenda! Looking forward to seeing everyone there! The Block O2O Blockchain Summit gathers the blockchain ecosystem of the world. This new technology is poised to transform every industry and you need to be in front of this wave. Together with the Fintech O2O Global Summit, 1,500 of the world’s blockpreneurs, financiers, engineers, tokenomists, regulators and visionaries will gather in Hong Kong on May 8-9. 100 speakers from 30 countries will be on stage, making The Block O2O Blockchain Summit the place to go to carry on the blockchain revolution. http://www.blocko2o.com

2018-05-06 15:00:22

Our CTO Maxim Akulshin is now at CCT Summit in Istanbul! He already acquainted himself with lots of excited investors, CEOs of big projects as SpotCoin, Credits, Colendi, founders of Turkish projects Defterhane, The Mindstone and Fintech Istanbul. He also got an invitation for an "afterparty" from Tansel Kaya, managing partner of The Mindstone and Fintech Istanbul. Even crypto sceptics estimated eCoinomic.net project in a positive way. Simply put, Turkey is ready to accept eCoinomic.net services!

2018-05-06 10:35:07

eCoinomic.net consider cryptocurrency as a new perspective type of collateral. We believe, it can change and develop the market of secured loans tremendously. Cryptocurrency can capture the role that previously has been given to common accepted types of assets - real property, vehicles and securities, the role of a new kind of collateral. It is difficult to overvalue the importance of the shift in the lending practices and technologies as it supports the growth of the crypto world beyond the economic limitations of simply buying and liquidating assets, providing individuals with increased purchasing power given by crypto-backed loans and great potential for crypto assets profitable applications.

2018-05-05 19:00:08

What differentiates eCoinomic.net from our competitors is our understanding of huge market potential and realizing the necessity to bring the capital funds of institutional investors and family offices from the UK and Switzerland to the crypto market. Professional ties with them have already allowed us to obtain a preliminary agreement on short-term loans for 3-4 months with an interest rate of 2-3% per annum. In contrast to our P2P competitors - they can afford to sell loans against 15-20 per cent interest rate which is significantly higher than our interest rate.

2018-05-05 18:34:45

another gplden chance to learn through cryptocurrency,,ecoinomic is here again to loan people and set them up financially,,#

2018-05-05 18:33:07

am here again with the lstest info on the cryptocurrency,, that deals with loan and set people free from financial disasters,,also to creat a bridge between fiat and cryptocurrency,,so what are you waiting for join now or never#

2018-05-04 11:00:11

Our CTO and Co-Founder Maksim Akulshin is visiting The Most Important Blockchain and Crypto Currency Summit that will be held on May 6 at the Istanbul University! Experts meet for Blockchain and Crypto Currency of the future technology! "Future Technology Blockchain and Crypto Money" will be spoken as the main theme of the event, which will include government officials, cryptographic specialists, bank representatives, academics, blockchain project owners, and many others. In addition, experts of the legal dimension of crypto currency, mining, chart reading and analysis methods, ICO and will be touched on many topics such as the status of today. Professor Dr. Cemil Bilsel in the Conference Hall of the event will take place on 6 May 2018, it is expected to be 28 speakers and over 500 participants. For more information, please visit cryptocointurkey.org address.

2018-05-03 10:00:04

Funds gathered during the Pre-Sale stage and Development stage will be distributed as follows: 45% - Development 25% - Marketing 12% - Technical security audit 10% - Legal support 7% - Operating Expenses You can join our Crowdsale here eCoinomic.net

2018-05-02 16:00:16

At eCoinomic, the fulfillment of the loan agreement is enforced by a smart contract. In case if the client misses the payment, the smart contract liquidates a small portion of the collateral to repay the loan #eCoinomic

2018-05-02 09:00:08

During our ICO we will issue 2.1 billion CNC tokens. If we do not manage to reach the hard cap, we will burn the unsold tokens and thus they will not be counted in our supply. The founders' tokens will be frozen for 2 years. Commission will be charged every time a crypto owner uses the service. This commission is fixed in USD and will be expressed in and can only be paid with our tokens at the current exchange rate. All tokens used in this way will be removed out. To conclude, the more funds we raise during the ICO, the more loans and scale we can provide; the more CNC tokens will be taken out of the supply, the more they will rise in value.

2018-05-01 11:29:43

Dear friends, We highly appreciate the support you're showing and want to thank you for your trust! Now we are proud to announce that our Crowdsale campaign is officially on! During the period of May 1-31 we're planning to reach USD 6 million Soft Cap for full construction of the technical platform for the future work. During the Crowdsale campaign 1CNC = 0.05 USD but from the 1st of June its price will rise for 1 cent after each 200 million tokens will be sold. So don't miss the opportunity to get CNC tokens now for early access to the platform services once it’s launched. Sign up at eCoinomic.net to join the Crowdsale!

2018-05-01 10:31:04

Hello. Perhaps this may interest you - Our offer for ICO promotion: 1. Youku (Chinese Youtube) - Uploading video (custom description, headline and link) - true views and subscribers for the channel - $1000 2. Sharing information about your project in large public groups in Weibo (aka Twitter), total coverage 6,000,000 people - $1500 3. Getting all largest search engine in China to index your Website (Baidu) - $500 4. Placing the information about your project in the Baidu (question-and-answer-based section, similar to Formspring) - 300 items - $1000 5. Posting the information about your project in the 300 forums in China (keywords targeting available ) - 300 items - $900 6. Mass messaging to users of the QQ (keywords targeting available) including 160 groups targeting - $1000 7. Posting article about your project on Sina blog in China (the top one search engine at China) - $800 8. Mass posting to the 500 largest groups on Wechat in China - $1800 9. 100,000 messages to the Line users in Korea and Japan - $1000 Press-release distribution among 1000 websites in South Korea - $1700 Report example https://yadi.sk/d/WjqCHtlQ3RUeqm Press-release distribution among 500 websites in Japan - $1700 Telegram service! We can create groups in telegram with any audience you need or drive audience to your existing group. We are able to collect people from any crypto group that suits you the best and create your own unique group with real investors for your ICO by inviting them to group. You can get up to 50,000 targeted people who have already invested in ICOs. We are able to collect as much as you need from any group that you provide or from our own bases. All audience could be collected from most succesful groups of ICO's such as NEO, Civic, Binance, EOS, OmiseGo etc. So it is clear that people from these groups invest a lot and will be great audience for your project. That's the most important point in our campaigns. For example, we can invite audience from succesful ICO projects or any other group that you need (ico, trading, mining etc): Binance: https://t.me/binanceexchange EOS: https://t.me/EOSproject Civic: https://t.me/civicplatform Refereum: https://t.me/refereumtalk Here are the fees: 3,000 targeted members - $300 6,000 targeted members - $550 12,000 targeted members - $950 24,000 targeted members - $1800 50,000 targeted members - $3000 Also we can target your audience on Facebook, so we can do CPA scheme where you can pay only for leads. Approximate price for lead is $10 per one, depends on country we work with. Min. starting amount of leads: 100 Want to discuss in person and ask questions? Contact us in the messenger and we are happy to assist you! TELEGRAM @DDZEN11

2018-05-01 10:30:22

Hello. Perhaps this may interest you - Our offer for ICO promotion: 1. Youku (Chinese Youtube) - Uploading video (custom description, headline and link) - true views and subscribers for the channel - $1000 2. Sharing information about your project in large public groups in Weibo (aka Twitter), total coverage 6,000,000 people - $1500 3. Getting all largest search engine in China to index your Website (Baidu) - $500 4. Placing the information about your project in the Baidu (question-and-answer-based section, similar to Formspring) - 300 items - $1000 5. Posting the information about your project in the 300 forums in China (keywords targeting available ) - 300 items - $900 6. Mass messaging to users of the QQ (keywords targeting available) including 160 groups targeting - $1000 7. Posting article about your project on Sina blog in China (the top one search engine at China) - $800 8. Mass posting to the 500 largest groups on Wechat in China - $1800 9. 100,000 messages to the Line users in Korea and Japan - $1000 Press-release distribution among 1000 websites in South Korea - $1700 Report example https://yadi.sk/d/WjqCHtlQ3RUeqm Press-release distribution among 500 websites in Japan - $1700 Telegram service! We can create groups in telegram with any audience you need or drive audience to your existing group. We are able to collect people from any crypto group that suits you the best and create your own unique group with real investors for your ICO by inviting them to group. You can get up to 50,000 targeted people who have already invested in ICOs. We are able to collect as much as you need from any group that you provide or from our own bases. All audience could be collected from most succesful groups of ICO's such as NEO, Civic, Binance, EOS, OmiseGo etc. So it is clear that people from these groups invest a lot and will be great audience for your project. That's the most important point in our campaigns. For example, we can invite audience from succesful ICO projects or any other group that you need (ico, trading, mining etc): Binance: https://t.me/binanceexchange EOS: https://t.me/EOSproject Civic: https://t.me/civicplatform Refereum: https://t.me/refereumtalk Here are the fees: 3,000 targeted members - $300 6,000 targeted members - $550 12,000 targeted members - $950 24,000 targeted members - $1800 50,000 targeted members - $3000 Also we can target your audience on Facebook, so we can do CPA scheme where you can pay only for leads. Approximate price for lead is $10 per one, depends on country we work with. Min. starting amount of leads: 100 Want to discuss in person and ask questions? Contact us in the messenger and we are happy to assist you! TELEGRAM @DDZEN11

2018-04-30 13:35:09

Dear friends! Our Crowdsale starts tomorrow - on 1 May. At this stage we raise funds for development and launch of our eCoinomic.net platform. Previously, we raised more over $4.7 million during the Pre-Sale. Now we only need just above a million for the Soft Cap. You are welcome to join the Crowdsale and contribute to the development of eCoinomic.net. Having purchased our CNC tokens, you will be among those to get early access to the platform services once it’s launched. Sign up at eCoinomic.net to join the Crowdsale! Please feel free to get in touch with any questions or request

2018-04-27 07:00:43

Today Olga Lim, Korea Relations Specialist at eCoinomic.net, is a guest at the 9th Blockchain Symposium in Seoul. This event is hosted by SYNCO - Asia’s Largest Blockchain Community and our long-term friends.

2018-04-26 16:34:25

Maksim Akulshin is taking questions from other participants of Russia ICO Show.

2018-04-26 16:22:12

Maksim Akulshin is presenting eCoinomic.net project to the jury at Russia ICO Show.

2018-04-26 15:45:08

eCoinomic.net team at Russia ICO Show in Moscow.

2018-04-26 11:10:59

We have just added Russian interface to our website: https://ecoinomic.net/ru! Now eCoinomic.net is available in five languages: English, Russian, German and Chinese and Korean.

2018-04-23 12:26:30

A recap of our first Korean trip. We are coming back soon! https://youtu.be/mwdADSSvohg

2018-04-21 23:00:11

Our Pre-Sale just finished! More than USD 4,700,000 raised! Our sincere gratitude to our early contributors! The next stage of our Token Sale starts on May 1st! #cryptocurrency #blockchain #fintech

2018-04-21 17:11:01

Hello, friends! 1. Hooray, we’re home! Seoul, London & Moscow – thanks! 2. Sudden and high demand for our service. It turned out that we are the saving grace for those who entered the crypto market last December. We’ll be back in Asia next week: Korea, Japan, Indonesia, China – we might be there for you! 3. To those who might’ve forgotten what the service is about: 3.1. The service involves loans backed by crypto assets. 3.2. You get real money on your account – 50 per cent of the market value of the collateral. 3.3. Loan terms from 1 to 30 days and prolongable. 3.4. Loan amounts from $1 to $10,000 per contract. You can open as many contracts as you need. 4. To those who still wonder why one would buy a token: 4.1. Tokens are issued only once. All unsold tokens will be burned. 4.2. All our service fees are indicated in USD, BUT (see next item) 4.3. They can only be paid using our tokens. 4.4. All tokens accepted as payment will be phased out. 4.5. And what does it mean? That in time there will be less and less tokens. 5. Pre-Sale harvest – we are 2 months ahead of schedule. We have already raised 5 out of 6 million dollars. There’s only a few hours left to purchase the tokens with a bonus at eCoinomic.net. 6. The service is ready, next week we start providing loans in pilot (test) mode. Within the first month we will accept only ETH as collateral. Then we shall extend the outreach and the list of collateral types.

2018-04-21 12:45:08

Our Pre-Sale ends soon! Don’t miss this last chance to get our CNC tokens with a bonus at eCoinomic.net!

2018-04-20 17:24:00

Why the #decentralization is not always good? Check our third explanatory article about eCoinomic.net concept! https://medium.com/@ecoinomic/introduction-to-ecoinomic-net-iii-e1c6dfc0934f #blockchain #cryptocurrency #fintech

2018-04-20 15:01:45

We remind you that eCoinomic.net Pre-sale ends tomorrow! It is the only chance to purchase CNC tokens with a bonus. Do not miss this opportunity to become the early adopter! Join now: https://account.ecoinomic.net/ #blockchain #tokensale #fintech

2018-04-20 12:30:32

If you are interested in marketing research and big data analysis, you are welcome to visit the SIIS stand at Research Expo 2018 in Moscow.

2018-04-20 10:40:01

SIIS's flagship software product Survey-Studio has more than 190 registered customers including large private and government organizations like Russian Public Opinion Research Center (WCIOM), Public Opinion Foundation (FOM), NAFI Research Center, Validata research company.

2018-04-20 09:39:33

Today eCoinomic.net team is taking part in ResearchExpo2018 in Moscow and introducing SIIS - out techical partner. We'll keep you posted on the news - stay tuned!

2018-04-19 14:00:43

eCoinomic.net team at Blockchain_Expo Global. We will distribute free tokens among the visitors to Blockchain Expo. Pop in at our stand and get free CNC tokens. More in our Telegram: t.me/ecoinomicchannel

2018-04-19 11:37:56

"The emergence of a new market is always a growth driver for the industry in general. Today we witness the upgrowth and shaping of a new market – the market of crypto assets. It is not too large yet. Even I don’t have the heart to put it to comparison with real estate or automotive." Maksim Akulshin, CTO and Co-founder eCoinomic.net at Blockchain Expo Global

2018-04-19 11:12:37

Loans backed by the crypto collateral - how can they trigger a real revolution in the lending market? A very solid article about eCoinomic.net by Coinspeaker: https://www.coinspeaker.com/2018/04/19/the-revolution-of-loans/

2018-04-19 10:45:04

eCoinomic.net Pre-sale is the only chance to purchase CNC tokens with a bonus. Do not miss this opportunity! Join now: https://account.ecoinomic.net/ #cryptocurrency #blockchain #tokensale

2018-04-19 09:36:59

CTO and Co-founder at eCoinomic.net Maksim Akulshin is to speak at Blockchain Expo Global today at 12:30 UK time. We shall run the text ticker in our Telegram channel t.me/ecoinomicchannel. Stay tuned!

2018-04-19 08:03:32

Day 2 of Blockchain Expo Global. Olympia London is open for each and everyone interested in blockchain and crypto. We invite you to visit us at our booth 165A! Stop by and net free tokens from eCoinomic.net #OlympiaLondon #blockchainexpo #blockchainexpo #London #ecoinomic

2018-04-18 13:18:04

CTO and Co-founder eCoinomic.net Maksim Akulshin's interview with @ramycaspi for @Radar_Zero_ at Blockchain Expo Global

2018-04-18 11:01:05

Our CTO and co-founder, Maksim Akulshin at #Blockchain_Expo Global. Maksim Akulshin will be giving a lecture titled “Why cryptocurrency is the obvious solution for surplus of the world’s money supply”. He will explain, why neither Bitcoin or Ethereum qualify as global payment systems, cover the rise of crypto market and its technical limitations, unviability of some peer-to-peer services, importance of mortgage market to the fintech industry, AI, robotics and so much more. Don't miss his speech tomorrow at 12:30 PM GMT +1

2018-04-18 10:00:10

Meet eCoinomic MVP at Blockchain Expo in London. All visitors to Blockchain Expo 2018 can test our MVP at the stand. It includes the principal functions of the platform: cryptocurrency transfers, smart contract functionality and withdrawal of funds via a payment agent. The MVP was introduced at the Blockchain Tomorrow BTC21 conference in Seoul earlier this year and raised unfeigned public interest in the product and its team. eCoinomic.net builds a platform to provide lending services to individuals and businesses using crypto assets as collateral. Are you in London now? Head right to @olympia_london to get the most of it.

2018-04-18 09:10:07

@eCoinomicnet will distribute free tokens among the visitors to @Blockchain_Expo 2018. Each guest at our booth will be able to collect the CNC tokens for free, having followed the simple steps: 1. April 18-21 register your account on the eCoinomic.net website, selecting United Kingdom as your country of residence. 2. Join eCoinomic.net offical Telegram group. The tokens will be credited to the eCoinomic.net account. We will award each participant with 550 CNC tokens worth £20.

2018-04-18 08:08:43

Today’s the first day of @Blockchain_Expo Global 2018 in #London. Registration is now open, you are welcome to join us at stand 165A. See you at #Blockchain_Expo_Global in @olympia_london

2018-04-17 16:32:25

Interested in a quick sum-up of eCoinomic.net Token Sale and CNC token? Watch our short video: https://www.youtube.com/watch?v=p-ZwtlvQ22Uhttps://youtu.be/p-ZwtlvQ22U

2018-04-17 08:30:46

Our Pre-sale progress: $4,680,000 or 78% of the Softcap raised! 5 days left until the Pre-sale ends - join now to receive up to 25% bonus! https://account.ecoinomic.net

2018-04-16 13:10:54

Blockchain Expo 2018 London is getting closer. We have prepared a special surprise for the visitors: 550 CNC tokens for each guest of our booth! Each guest will be able to collect the CNC tokens for free after following the simple steps: - Register your account on the eCoinomic.net website on April 18-21 and select the United Kingdom as your country of residence. - Join eCoinomic.net official Telegram group. The tokens will be credited to the eCoinomic.net account. We will award each participant with 550 CNC tokens worth £20.

2018-04-14 17:58:19

Meet our partner for KYC procedure - Sum & Substance Ltd, https://sumsub.com/ Sum & Substance provides verification services for both traditional businesses and crypto projects. Among their clients are Gett, Wheely, Blackmoon Crypto and Cryptopay. Specially for our Korean users, we have developed and implemented KYC procedure in Korean language!

2018-04-14 16:00:39

Meet news from the Investor Relations Director Alpamys Tatishev! An institutional investor has confirmed its interest in the Project and has issued the Letter of intents to confirm its participation in the eCoinomic.net Pre-Sale. ITK Property (Offshore) SAL is a Lebanese real estate investment company that operates offshore. The company is also registered in the United Kingdom. ITK Property is a serial participant in blockchain projects and poses a distinguished expertise in the evaluation of tokensales and token economy as a whole. eCoinomic.net has been honored to attract such a prominent company and we are excited about the potential of cooperation with ITK Property.

2018-04-13 14:50:57

eCoinomic.net would like to express sincere gratitude to the Chairman of Korea CEO Summit, CICON and Blockchain Summit — Mr. Bong Kyu Park for his cordiality and attention! It was a great meeting that successfully concluded our Korea trip. We are already planning another trip to this impressive country. Meanwhile we will be waiting for our Korean friends in St.Petersburg!

2018-04-13 11:53:33

The last day of Korean trip is the day of important meetings. eCoinomic.net co-founders Alexei Smolianov and Maxim Akulshin met with Philip Jung - CEO of BlockchainTimes - one of Korea’s leading blockchain events organizer and media, with over 30,000 printed copies. We hope to co-develop mutually beneficial cooperation in the nearest future!

2018-04-13 10:54:58

The new day and the new great news! Today morning eCoinomic.net Team leaders experienced a very warm welcome from the key members of the Korean enthusiast community. We have met with SYNCO company CEO Tayler Lee, co-founder Leona Son and the team. SYNCO is one of the leading blockchain events organizer in Korea and we hope for future cooperation!

2018-04-13 06:34:49

hello, Im ANITA from a cryptocurrency exchange, Hotbit.io . We found your project is processing very well and would like to invite you to list the token in Hotbit. Could I get your emial to send more information about Hotbit to you.

2018-04-12 18:11:24

eCoinomic.net in England! We are excited to announce that shortly after our vibrant Seoul trip, eCoinomic.net is going to another great event! Our co-founders Maksim Akulshin (CTO and Architect) and Alexei Smolianov (CEO) are participating in Blockchain Expo 2018 conference, which will take place in London on April 18-19. Few facts about eCoinomic.net plans for the event: - Maksim will make a speech “Why cryptocurrency is the obvious solution for surplus of the world’s money supply”. - eCoinomic.net MVP will be demonstrated. - there will be a pleasant surprise for people visiting our booth - stay tuned to learn more! We hope to see you in London!

2018-04-12 14:18:36

Blockchain Summit Seoul is over! Many thanks to the event’s hosts and audience for a warm atmosphere and great discussions. We will be holding private meetings tomorrow to discuss potential cooperations!

2018-04-12 12:37:57

Blockchain Summit Seoul is in progress! eCoinomic.net Co-founder and CTO Maksim Akulshin has taken part in the “Blockchain Talk Concert” Panel Discussion. Recognized blockchain projects executives, cryptocurrency analysts and journalists accompanied Maksim for the live and dynamic discussion

2018-04-12 09:38:46

Photoes from our CTO and co-founder Maksim Akulshin’s speech! Our gratitude to the great audience!

2018-04-12 06:29:15

Blockchain Summit Seoul begins and eCoinomic.net is there! eCoinomic.net co-founders Alexei Smolianov (CEO at eCoinomic.net and Sauber Group, owner of Sauber Bank) and Maxim Akulshin (CTO and Architect at eCoinomic.net, a member of the Board of Directors of Sauber bank since 2012) are visiting Blockchain Summit Seoul. In a short time, Maksim will be speaking about his vision of cryptocurrency - if you are also on the summit, do not miss his speech! We are sited on the first table, join us for a small talk!

2018-04-11 12:46:56

Additional promotion in Korea! We at eCoinomic.net understand the importance of Korean market - a keen interest in the blockchain technology and the remarkable progress of the Korean crypto community makes this country truly outstanding. And we believe that it is essential for any blockchain project that aims at success to spread the word about itself in Korea. Today we have reached a significant milestone in our relations with Korean community - eCoinomic.net co-founders Alexei Smolianov (CEO at eCoinomic.net and Sauber Group, owner of Sauber Bank) and Maksim Akulshin (CTO and Architect at eCoinomic.net, a member of the Board of Directors of Sauber bank since 2012) signed an agreement with Bitnews Ltd regarding the promotion in Korea!

2018-04-11 08:58:13

Would you agree that cryptocurrencies is the obvious solution to the surplus of the world’s money supply? eCoinomic.net CTO and co-founder Maksim Akulshin will share his ideas tomorrow on the Blockchain Summit Seoul! Blockchain Summit Seoul is one of the top crypto events in Asia, where entrepreneurs and blockchain experts share their thoughts with professors from prestigious Korean universities and renown politicians. Are you interested to find out more about our points of view and discuss them? -Why neither Bitcoin nor Ethereum qualify as global payment systems -Why some Fintech Peer-to-Peer services will not work -Why mortgage market will become key driver for the Fintech industry. If you are in Seoul on 12th April - we invite you to visit Maksim’s speech which starts at 4:10 PM!

2018-04-10 20:32:46

eCoinomic.net has launched its MVP. We have already demonstrated and tested it in Seoul! 15,000 KRW were issued in loans, backed by ETH collateral. Learn more: https://www.ccn.com/ecoinomic-net-platform-mvp-is-successfully-presented-at-the-bct21-seoul-one-month-before-the-schedule/

2018-04-10 12:20:59

Cryptocurrencies need more liquidity. But how to achieve it? And who is able to do it? Check our second explanatory article about eCoinomic.net concept! https://medium.com/@ecoinomic/introduction-to-ecoinomic-net-ii-964723b757d2

2018-04-09 15:46:53

Thanks to the successful presentation of our product on BCT21 conference, today have been invited to the interview with Daily hankooki, one of the leading Korean media.

2018-04-09 14:18:09

eCoinomic.net is a financial services platform for crypto owners. Watch this video to find out more about the workings of the platform and don't forget that our Pre-Sale is ON! Buy eCoinomic.net CNC tokens now and get bonuses!

2018-04-09 08:44:00

Yesterday 08.04 on the Blockchain Tomorrow 21 conference in Seoul the press has shown an unfeigned interest towards the Project and its Team. Local Seoul streamers have been carrying out live broadcasts from the eCoinomic.net stand. And today information about us was published in reputable Korean media: IT Chosun and the Financial News!

2018-04-08 19:03:09

eCoinomic.net had a very productive day in Blockchain Tomorrow 21 conference! Next stop - Blockchain Summit Seoul on April 12. We will be happy to see you there!

2018-04-08 10:17:42

eCoinomic.net presented its MVP at the Blockchain Tomorrow 21 conference in Seoul, Korea. Basic functions are available: cryptocurrency transfer, the smart-contract functionality, fiat payment by of paying agent. The internal (closed) testing is running. You can apply for testing too! Please send us a letter with a subject “MVP testing” to info[at]ecoinomic.net and include information about your profile and specialization and how you are interested in the platform.

2018-04-07 23:45:22

eCoinomic.net on Blockchain Tomorrow 21, Seoul. Join our booth and learn how to win a weekend trip to St.Petersburg!

2018-04-06 18:11:26

CNC token is acknowledged to be the utility token - the legal opinion by Bright Law firm.

2018-04-06 10:01:45

eCoinomic.net will be in Seoul from April 8 until April 13. Do not miss the opportunity to meet the founders personally! And join our Korean chat we created for the occasion: https://open.kakao.com/o/gD9kYiK

2018-04-04 13:48:26

An update on our Pre-Sale progress: eCoinomic.net has already raised more than $2.4 million! This is 40% of our Soft cap. You can join our Pre-Sale here: https://account.ecoinomic.net/

2018-04-04 06:26:59

The details of our Token Sale (including the explanation of our ongoing Pre-Sale): https://medium.com/@ecoinomic/ecoinomic-net-token-sale-details-1c3587d6ff6f

2018-04-03 20:59:50

Great news for our Russian speaking community - we now have a Russian chat on Telegram. Join here: https://t.me/RU_eCoinomic

2018-04-03 13:31:58

Our Pre-Sale is open and we have already raised more than $1.6 million. Up to 25% bonuses are available, join now via https://ecoinomic.net/

2018-04-03 11:42:35

Crypto investors face a dilemma; whether to hold their digital assets waiting for them to grow in value, or to invest them into ICOs hoping for much bigger margins in the future #ecoinomic More info

2018-04-02 14:31:34

Want a summary on eCoinomic.net? Watch this short video! https://youtu.be/-Qt3vXYe-Y4 #ecoinomic #cryptocurrency #fintech

2018-03-31 16:22:35

Brief introduction of eCoinomic.net - good read for the Saturday night! https://medium.com/@ecoinomic/introduction-to-ecoinomic-net-d56ccc36f1c4

2018-03-30 13:20:06

eCoinomic.net welcomes Simon Choi as a Board Advisor eCoinomic.net is pleased to announce the addition of Simon Choi as Legal Advisor. Simon Choi is an international lawyer, qualified to practise law in England & Wales, and in Hong Kong, China. Simon graduated from the law schools' of Peking University, the University of London and the University of Hong Kong respectively. Simon has advised more than 10 ICO projects globally and contributes to eCoinomic.net by providing an in-depth knowledge of international law, as well as advising and reviewing new blockchain regulations in various jurisdictions. With more than 25 years of experience in international trade, investment, finance, and M&A, he is an asset for eCoinomic.net ensuring the highest degree of compliance and adherence to all relevant government policies towards blockchain technology. #ecoinomic #ecoinomicnet #simonchoi #advisor #tokensale #legal #cryptocurrency #blockchain

2018-03-29 15:10:06

eCoinomic.net is proud to be a partner of the BCT21 Blockchain Tomorrow conference in Seoul, South Korea. Starting April 8 our executive team led by CEO Aleksei Smolianov and CTO/Architect Maksim Akulshin will be traveling to the Korean Peninsula for a number of special events and business meetings. We start our trip with BCT21 Blockchain Tomorrow conference dedicated to the future of cryptocurrency. eCoinomic.net Co-Founders are scheduled to participate in a panel discussion at the event. For more details, see the following link https://www.bct21.com/ Our team will be staying in Lotte Hotel Seoul in the heart of Seoul’s central business district near Myeongdong and we always welcome new opportunities to expand our professional network and build new partnerships. #ecoinomic #ecoinomicnet #bct21_official #tokensale #cryptocurency #blockchain #partner #seoul #alekseismolianov #maksimakulshin

2018-03-29 13:20:07

Ford Patents New System of Car-to-Car Crypto Transactions American car giant Ford has proposed the new system for vehicle-to-vehicle communication methods that implies using cryptocurrency and facilitates traffic flow. The patent appeared on the U.S. Patent and Trademark Office (USPTO) on March 27. The patent states that traffic congestion occurs when reduced traffic flow “is compounded due to the psychology of human drivers who focus on their individual travel time preferences.” The new technology aims to solve this issue with the help of a “Cooperatively Managed Merge and Pass (CMMP)” system. "This system would temporarily allow for particular cooperative vehicles (sometimes referred to as 'consumer vehicles') to drive at higher speeds in less-occupied lanes of traffic and also to merge and pass freely when needed," the document states. Cars that have this system enabled would use CMMP tokens to organize the traffic. Thus, one car may “occupy slower lanes of traffic” and get tokens as a reward, which they may use later for a possibility to use less congested lanes. This is not the first time that huge car manufacturer implements blockchain into its business, earlier this month Daimler AG, a parent company of Mercedes-Benz, introduced its own cryptocurrency to reward environmentally responsible drivers. #ecoinomic #cryptonews

2018-03-29 10:50:12

Kakao Denies ICO, but Confirms Blockchain Integration South Korea’s internet giant Kakao has confirmed launching a new division that will work on integrating blockchain technology into its operations, but denied rumours about its upcoming initial coin offering (ICO). The new platform should be completed in a year’s time frame. According to Yonhap, the platform will be designed for developers so as to let them create their own apps on it. “An open ecosystem is important to us. We are beginning dialogues with partners that want to create a blockchain token economy in Asia,” said Joh Su-yong, one of the company’s CEOs. Jon also states that Ground X, which is the name of the new platform, is a long-term project aiming to integrate future blockchain-related services with the internet services offered by the company. He denied, however, the rumours about launching its own currency, Kakao coin. The comany has no plans for an ICO and is not planning to issue any tokens within the borders of the country or outside of it. #ecoinomic #cryptonews

2018-03-29 07:55:05

Dear friends, we have just updated our White Paper to version 1.4. It now includes more in depth technical aspects of the eCoinomic platform, improved token sale structure and detailed information on the team. Follow the link below https://ecoinomic.net/docs/Whitepaper_23_03.pdf #ecoinomic #ecoinomicnet #whitepaper #cryptocurrency #tokensale

2018-03-28 18:45:04

Blockstream Represents Lightning Applications With 7 New LApps This week, Blockstream, one of the top blockchain technology providers, has introduced new Lightning Apps (LApps) which can significantly improve the Lightning network’s system of payments. First, the company has released FileBazaar and The Lightning Publisher for WordPress. This is a plug-in which gives its users a possibility to become their own publisher as they get paid for sharing their articles on a WordPress system. The Nanotip LApp followed soon afterward. This is the tool to solve “Lightning’s payment-request problem for tipping by creating a simple web server that writes Lightning payment requests on the fly.” The next innovations were Paypercall, which “fulfills the long-held promise of a next-generation web of micropayments, where web developers can request payments for specific, programmatic API actions”, and Nanopos, “a streamlined point-of-sale system intended for businesses with fixed-price items, such as coffee shops and falafel stands.” Yesterday Ifpaytt (If Pay Then That) was represented. It allows its users to create applets by combining triggers and actions. There’s one more LApp to be revealed, but what it’s still unknown what it’s going to be. #ecoinomic #cryptonews

2018-03-28 10:40:21

Twitter Confirms Ban on Crypto Ads Starting from Today Twitter has confirmed that it will start banning cryptocurrency-related ads on its platform as a part of an overall effort to reduce scam and protect users. Twitter follows the steps of Facebook that has banned ICO and cryptocurrency ads earlier this year and Google that announced its plans to do so in June. The move was caused by many complaints from users regarding tons of fraudulent accounts overflowing the social media. Twitter spokesman stated: “We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally. We will continue to iterate and improve upon this policy as the industry evolves.” However, the ban is not applied to exchanges and cryptocurrency wallets that are publicly listed on “certain major stock markets”. A major reason behind this ban is that all these social media giants don’t want to be responsible for scammers using their platforms for cheating people. #ecoinomic #cryptonews

2018-03-28 08:23:40

eCoinomic was called one of the hottest new companies in crypto and blockchain at Tokenblast conference called 'A bad day on the blockchain'

2018-03-27 18:25:16

Charlie Lee Apologizes as LitePay Vanishes Litecoin founder Charlie Lee and the Litecoin Foundation have made apologies for not having paid due attention to the Litecoin-based payment startup LitePay that abruptly stopped all the operations. Litecoin price has been steadily growing since the middle of February due to the news about LitePay launching its services. However, the product was never been released and the Litecoin Foundation stated in an announcement that LitePay CEO Kenneth Asare had ceased all operations and intended to sell the company. The announcement came out less than two weeks after Reddit AMA with Kenneth where he gave quite detailed answers to all the questions from Redditors. “We are greatly disheartened that this saga has ended in this way and we apologize for not doing enough due diligence that could have uncovered some of these issues earlier,” Litecoin stated in the announcement. “We are currently working hard to tighten our due diligence practices and ensure that this does not happen again.” #ecoinomic #cryptonews

2018-03-27 14:22:43

Coinbase Will Add Support for Ethereum ERC20 Tokens Coinbase, one of the biggest crypto trading platforms, has announced in its blog post that it plans to support Ethereum-based ERC20 tokens “This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren’t announcing support for any specific assets or features at this time,” the post says. ERC20 is the technical standard that underlies tokens on the Ethereum network and fuels such coins as OmiseGO, Qtum and Bancor. However, the company didn’t name any specific tokens in the announcement. It’s been only a month since Coinbase started supporting SegWit transactions which allowed to significantly decrease the transaction fees. As Coinbase has quite a big share of the market it has the power to influence the trading activity. However, even this piece of good news couldn’t have broken the bearish trend of the last months. Maybe, it will have some impact later when the company gives any specific time frame for this new feature. #ecoinomic #cryptonews

2018-03-27 07:03:44

Join us today at TokenBlast event in London, where we are opening discussion on the most common issues of the crypto industry. Within the Launch Pad section, you can meet eCoinomic founders Maksim and Aleksei, who will be sharing their project management knowledge and will be able to answer your questions. TokenBlast discussions can be also worth paying attention to because it is a series of free talks, which will include topics like law, tax, regulation, PR, trading and security. Meet us there! #ecoinomic #ecoinomicnet #maksimakulshin #event #TokenBlast #london #crypto

2018-03-27 06:49:50

Upbit Exchange Launches Korea’s First Cryptocurrency Index South Korea’s second largest crypto exchange Upbit has announced its plans to launch a new index named UBCI (Upbit Crypto Index), according to a report by Business Korea. The aim of the project is to provide a standard index to estimate the overall market trends by creating a coin quote standard. The company has been working on the index ever since the launch of the UPbit exchange in October 2017. UBCI will be based on the data about long-term transactions pulled out from the exchange and will include four indices: Market Index - will show a market capitalization and help investors quickly estimate the coins’ progress. Sector Index - will split coins into categories. Bitcoin Index - will show the progress of Bitcoin price. Strategy Index - will estimate trade profits according to an investment rule. The first three indices should be launched in April, while the strategy index will follow some time later. According to Coinmarketcap, Upbit now handles $866 mln (106,800 BTC) per day. It has recently added some more new altcoins and delisted Icon and Tron. At the moment, it’s the second largest exchange in the region after Bithumb. #ecoinomic #cryptonews

2018-03-26 19:27:15

Reddit Removes Bitcoin as Payment, Report Says Although there are many online social media sources, Reddit is still one of the leading platforms for cryptocurrency enthusiasts and has the big influence on the overall IT industry. Last week the news came out that Reddit removed the possibility to use bitcoins to pay for premium membership, Reddit Gold. Despite looking like a separate ICO token, Reddit Gold is only used amongst the website users and can’t be traded on any exchange platform. It gives its users some benefits and helps the cash-strapped project pay for the servers. Bitcoinxio, one of the /r/btc moderators, posted a video of the procedure to give Reddit Gold to another user, and the option to pay with BTC was not available anymore. The issue was presumably related to the recent change with Coinbase Commerce together with “some bugs around the Bitcoin payment option that were affecting purchases for certain users”, as the user emoney04 explained. Apart from deleting the BTC payment option, Reddit has also deleted one of the forums where the privacy-oriented coins were discussed, as these topics were violating “Reddit’s policy against transactions involving prohibited goods or services.” #ecoinomic #cryptonews

2018-03-26 14:50:18

Yahoo Japan to Launch Own Crypto Exchange in 2019 The Japanese internet giant Yahoo plans to open a cryptocurrency exchange “in April 2019 or later” according to a report in local media Nikkei Asian Review. Yahoo is going to buy 40% of BitARG Exchange Tokyo next month and use its technology to create its own exchange platform in a year. “The purchase of BitARG shares will be made through Tokyo's YJFX, a wholly owned Yahoo subsidiary that operates foreign exchange transaction services,” the article says. BitARG already has a license from the Financial Services Authority (FSA), which was granted in December 2017. Now such big player as Yahoo will move the company further with the new investment strategy. Team members from YJFX will take the development of the new exchange on themselves along with designing systems for corporate governance, customer management and security. The news comes as the issues faced by the largest Binance exchange cause further regulations for exchange operations. #ecoinomic #cryptonews

2018-03-26 11:55:14

The winners of the Bonch Hackday are being announced by Maxim Akulshin :)

2018-03-25 13:55:06

Huawei Plans to Build the First Blockchain Enabled Phone Huawei, the world’s third-largest mobile phone manufacturer, is negotiating with Switzerland-based Sirin Labs the development of a smartphone that will support blockchain applications. The reports say that Huawei thinks of using SIRIN OS, the Sirin Labs operating system, together with the Android-based system Alphabet in the new model of a mobile phone. This would help to popularize the blockchain technology and make it available for a wide range of users. Also, Huawei plans to use blockchain to prove the ownership of all the devices in its network as the smartphones will be registered with the unique keys. Sirin Labs has also its own plans to release a new blockchain-based smartphone based and all-in-one PC named Finney. The SIRIN OS will also power the new phone that will support blockchain apps, such as secure exchange access, cold storage crypto wallet and a peer-to-peer ecosystem for payment and apps.‎ Skeptics say that a blockchain phone is just an advertisement stunt aiming to create hype as the technology is still too young to improve smartphone features. #ecoinomic #cryptonews

2018-03-24 12:05:07

Google Plans to Launch Blockchain-Based Services: Report Google is considering to use blockchain, the technology that underlies most of the cryptocurrencies, reports suggest. The blockchain or distributed ledger technology is used to exchange digital currencies such as Bitcoin and Ethereum. It implies recording transactions into different nodes spread in the networks which makes it close to impossible to tamper with records and thus provides a very high level of security. Some financial giants are already investigating how to find a use for this new technology in their businesses. Now Google has joined the pack. However, the IT giant is not going to use blockchain for a private ledger. Instead, it plans to license its users for running their own versions of the blockchain on their own servers, providing them with transparency and security to verify transactions themselves. "Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it's way too early for us to speculate about any possible uses or plans," said Google’s representative. It still remains unclear though, what kind of products Google plans to develop and there is no information about potential launch dates. #ecoinomic #cryptonews

2018-03-24 10:07:47

Maksim Akulshin talking cryptocurrencies at Bonch Hackday

2018-03-24 09:19:47

Maksim Akulshin introductory word at Bonch Hackday

2018-03-24 09:16:00

Bonch Hackday: A welcoming word and introduction

2018-03-24 09:11:00

Maksim Akulshin and Aleksei Smolianov have opened the Hackathon at the Bonch-Bruevich Saint-Petersburg State University of Telecommunications. Teams of students from Russian and foreign universities have to build a dream team and have 48 hours only to develop their idea. There is absolutely no time to sleep!

2018-03-24 09:06:41

Maksim Akulshin and Aleksei Smolianov have opened the Hackathon at the Bonch-Bruevich Saint-Petersburg State University of Telecommunications. Teams of students from Russian and foreign universities have to build a dream team and have 48 hours only to develop their idea. There is absolutely no time to sleep!

2018-03-24 09:05:26

Maksim Akulshin and Aleksei Smolianov have opened the Hackathon at the Bonch-Bruevich Saint-Petersburg State University of Telecommunications. Teams of students from Russian and foreign universities have to build a dream team and have 48 hours only to develop their idea. There is absolutely no time to sleep!

2018-03-24 08:21:57

Ledger Nano Wallet Patches Vulnerabilities Discovered by Teenager Ledger, the manufacturer of cryptocurrency hardware wallets, still holds on to the point of view that its devices can’t be compromised after a teenager hacked them. The debates started in November 2017 when Saleem Rashid who is only 15-year-old found a flaw in Ledger security that could let hackers steal funds and reported it to the company’s CTO, Nicolas Bacca. At that time, the company released official note saying that the vulnerability is “not critical” and added that attacks “cannot extract the private keys or the seed.” The boy posted an article “Breaking the Ledger Security Model” on his personal blog in response on March 20 where he said that he could still “autonomously extract the root private key once the user unlocks the device”. Now Ledger tries to patch 3 vulnerabilities including those that Rashid mentioned. The company stated in a blog post: “The update process verifies the integrity of your device and a successful 1.4.1 update is the guarantee that your device has not been the target of any of the patched attack. There is no need to take any other action, your seed / private keys are safe.” #ecoinomic #cryptonews

2018-03-23 14:53:09

Maksim Akulshin and Aleksei Smolianov have opened the Hackathon at the Bonch-Bruevich Saint-Petersburg State University of Telecommunications. Teams of students from Russian and foreign universities have to build a dream team and have 48 hours only to develop their idea. There is absolutely no time to sleep!

2018-03-23 10:10:09

G20 Summit States that Cryptocurrencies are Assets The world’s financial authorities attending the 2018 G20 Buenos Aires, Argentina, have reached a consensus about cryptocurrencies and named them assets. The participants of G20 have been looking for solutions to regulate cryptocurrencies. The ETA of their decision is set on July 2018. The communique that they have signed so far states that cryptocurrencies should be called assets and not currencies. The summit has accepted the “technological innovation” that cryptocurrencies bring and confirmed that it can “improve the efficiency and inclusiveness of the financial system and the economy more broadly.” Among the problems that come with cryptocurrencies, the document mentions protection of investors and consumers, money laundering and terrorism financing. However, not all the participants agree with this decision. Ilan Goldfajn, Brazil’s Central Bank president, says that cryptocurrencies won’t be regulated in his country anyhow. #ecoinomic #crytponews

2018-03-23 08:55:06

Stellar Plans to Implement Lightning Network The Lightning Network is the solution designed to solve the scalability issues that are present in many cryptocurrencies, including Bitcoin. Soon after its development team declared beta release on March 15th, the project Stellar updated its roadmap and stated that LN will be implemented into their infrastructure by the end of the year. Stellar’s team says that this innovation will help to make the coin even more powerful that Bitcoin and other similar projects as it will let users complete “any operation you can execute on the Stellar network (such as not only payments, but also creating, deleting, or changing permissions on accounts)…within a payment channel.” Jed McCaleb, Stellar co-founder, said in an interview that integrating with LN gives Stellar three main benefits: scalability, privacy and interoperability. As the Lightning Network gives such advantages to crypto projects, we may expect that many other altcoins will follow Stellar’s steps in the nearest months. #ecoinomic #cryptonews

2018-03-22 13:50:14

Trump Forbids Purchases of Venezuelan Petro US President Donald Trump has banned the Petro, Venezuelan government-backed crypto coin, prohibiting the US citizens to invest in the token sale. According to reports, the ban is a part of the campaign to increase pressure on the Venezuelan government and to put obstacles into Venezuela getting help from foreign currency reserves. The token sale accepted payments in EUR and USD, which made it impossible for Venezuelan citizens to participate as buying foreign currencies is prohibited in the country. The executive order, issued by the US government, states: “All transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Government of Venezuela on or after January 9, 2018, are prohibited as of the effective date of this order.” However, there’s nothing surprising in such a move as some of the US lawmakers have previously expressed critics towards the petro. And although Maduro claims to have gathered $5 mln through the pre-sale so far, there’s nothing to verify this statement. #ecoinomic #ecoinomicnet #cryptonews #bitcoin #ethereum #cryptocurrency

2018-03-22 10:05:28

Snowden Papers Suggest NSA Tracking Bitcoin Users According to reports, the US National Security Agency (NSA) has been actively tracking the bitcoin network with the purpose to identify its users all over the world. The information comes from Edward Snowden who stated that the NSA was tracking down senders and receivers of Bitcoin. A report by the Intercept says that bitcoin supervision is still a top priority for the agency. Moreover, the report says that NSA may go much further beyond tracking the public ledger basing on the global internet activity. It also gathers such data as user internet activities and passwords. Also, the report says that NSA has been tracking bitcoin users ever since 2013 with the help of a program named OAKSTAR. Another sub-program called MONKEYROCKET was used to get info about users who executed crypto transactions. “SSG11 analysts have found value in the MONKEYROCKET access to help track down senders and receivers of bitcoin,” the document says. #ecoinomic #cryptonews

2018-03-22 08:15:03

New Strategic Partnership We at eCoinomic.net take the privacy and security of our contributors very seriously. That is why after carefully researching the market we have chosen Sum&Substance as our KYC partner. Sum&Substance is the current market leader in the online verification and KYC/AML industry in Central and Eastern Europe, as well as Asia. It was founded in 2015 by an international group of specialists in machine learning, business process automation, and compliance. All applications are sent through encrypted channels to a Tier 3 data center, ensuring a very high level of protection. The company develops solutions for remote verification of documents and users, such as automatic recognition of the pictures those have been edited. Their technology helps online services (such as Mail.ru Group, Gett, The Token Fund, Cryptopay, Tokenbox, NPER) all over the world comply with legal and regulatory requirements, increase conversions, prevent fraud, and increase client trust. #ecoinomic #ecoinomicnet #cryptocurrency #kyc #bitcoin #ethereum #crowdsale

2018-03-21 16:05:04

IBM Has Created the World’s Smallest PC Based on Blockchain Technology March 19, on the conference IBM Think 2018, the company has revealed the world’s smallest computer in its ‘Five-for-Five’ report. The new computer is smaller than a grain of salt and it is even difficult to see without a microscope. However, this small piece of hardware is more promising than you can believe as it has the computing power of the x86 chip from 1990. Such power may be not so impressing, but if you take the size of the new machine into consideration it may be a big surprise. The cost to produce such a computer will be less than 10 cents and it will also contain “several hundred thousand transistors” to help it work with the data. The new micro-computer will work with blockchain and be a data source for apps based on this technology. It’s designed to help track the transferring of goods and monitor their authenticity. Als, it’s capable of completing some basic AI tasks, such as sorting out the income data. INM says it’s only the beginning. IBM head of research Arvind Krishna is sure that in the following five years cryptographic anchors “will be embedded in everyday objects and devices”. #ecoinomic #ecoinomicnet #cryptonews #blockchain

2018-03-21 12:10:14

MasterCard Accepting State-issued Cryptocurrencies MasterCard is reviewing a possibility to use central bank-issued national cryptocurrencies in the future. Ari Sarker, senior MasterCard executive, said in an interview that “if governments look to create national digital currency we’d be very happy to look at those in a more favorable way as compared to cryptocurrencies in general”. He added that as long as a digital currency is backed by a regulator and is not anonymous, it would be of greater interest to explore. MasterCard has been looking towards cryptocurrencies since last October when they announced their plans to use blockchain technology. However, they said at that time that they were not planning to accept any crypto coins. Now Venezuela has issued its own cryptocurrency the Petro and some other countries have discussed issuing national cryptocurrencies, too, MasterCard has changed its opinion. Sarker also noted that the company is running a pilot Bitcoin program in Singapore and Japan at the moment. This program would let BTC users transfer their bitcoins into fiat via MasterCard. #ecoinomic #ecoinomicnet #cryptonews

2018-03-21 10:08:38

South Korean Exchanges are Raided by Authorities South Korean prosecutors raided and confiscated the property of three #cryptocurrency exchanges in Seoul last week after a government inquiry that revealed top managers shifting users’ funds into their personal bank accounts. The raids were conducted during three days. The prosecutors confiscated such items as mobile phones, hard drives, and records of financial transactions. Jeong Dae-Jeong, the leading prosecutor, said: “It’s unclear yet whether the transactions can be seen as embezzlement.” Jeong did not reveal the names of the raided exchanges or the amounts transferred. He only stated that one of these companies operates in Seoul’s financial district Yeouido, where one of the largest South Korean crypto exchanges Coinone is housed. Over the last few weeks, the South Korean authorities have been struggling to impose some sort of control over the cryptocurrency market. The country is one of the world’s leaders in adopting cryptos together with US, Japan, and Switzerland. It has become even more attractive for crypto investors after its neighbor China prohibited all the local exchanges and ICOs. #ecoinomic #ecoinomicnet #cryptonews #bitcoin #ethereum

2018-03-20 18:00:15

Coincheck Drops Three Anonymous Coins after FSA Inspection Coincheck, the Japan-based cryptocurrency exchange that lost $534 mln worth of NEM due to hackers’ attack in January, will stop supporting anonymity-focused coins Monero, ZCash and Dash. The trading platform sees the risk that these anonymous cryptocurrencies pose as half of stolen NEM coins have already been converted in the darknet. Coincheck is planning to buy these coins from its users at a fixed price. As Coincheck is still waiting to register as a crypto exchange, has been inspected by the Japanese Financial Services Agency (FSA) together with 15 other unregistered exchanges in Japan. FSA noticed that at Coincheck, there is no system to prevent financing terrorism and money laundering. The Japan Times stated that most likely, the decision to remove anonymous coins from the platform followed by the inspection. #ecoinomic #cryptonews

2018-03-20 16:30:10

Aleksei Smolianov Talks Digital Economy and Fintech eCoinomic.net CEO and Co-Founder Aleksei Smolianov will be taking part in the roundtable on “Group training as a project, X + Y + Z = university + employer = strength in cooperation” at the XVII International Scientific Conference “Smirnov Readings 2018”. He will be discussing new challenges and perspectives for the #digital economy and #Fintech. #ecoinomic #ecoinomicnet #digitaltransformation #cryptocurrency #bitcoin #ethereum #crowdsale

2018-03-20 14:53:39

Twitter May Ban Cryptocurrency Ads Twitter reportedly is going to follow Google and Facebook in implementing a ban on crypto-related advertising. It seems that the crypto world is still under pressure emanating from the huge IT companies. First, Facebook prohibited ads related to cryptocurrency and ICOs, then Google followed shortly. Now reports say that Twitter is planning to do the same. However, the information is still unconfirmed as Twitter hasn’t yet given any response to a request for confirmation. The new Twitter advertising policy is expected to be released in 2 weeks. It will ban ads about cryptocurrency wallets, ICOs, and token sales and will be applied globally. Some limited exceptions will be made for cryptocurrency exchanges, but only for those that have a proper license to operate. Although the move was expected, still there was some hope left as Jack Dorsey, the CEO of Twitter, also works at Square that has recently implemented Bitcoin trading to its platform. Dorsey is a Bitcoin adherent and has even invested in Lightning Labs. #ecoinomic #ecoinomicnet #cryptonews #cryptocurrency #ethereum #bitcoin

2018-03-19 13:30:10

We are on our way to meet new partners and investors! Next stop: Global Funds & Thematics Investment Forum. On March 20, join eCoinomic.net Architect and Co-Founder Maksim Akulshin as he attends Global Funds & Thematics Investment Forum in London. Maksim will be discussing cryptocurrencies and blockchain, robotics, AI and investing in digital future alongside other Fintech experts and Investment professionals. This event is a great opportunity to exchange ideas with Industry leaders and connect with like-minded entrepreneurs. We hope to see you all there! #ecoinomic #ecoinomicnet #tokensale #maksimakulshin #investor #london #crypto #bitcoin #ethereum

2018-03-17 16:15:39

Coinbase Strikes up Banking Deal with Barclays for UK Transactions One of the biggest cryptocurrency exchanges in the world, Coinbase, has struck a deal with UK lender Barclays in order to make it easier for British customers to buy and sell cryptos. The new partnership will help the users of Coinbase to upload and withdraw their funds from the platform much faster. In the past, the British users had to process their transactions through an Estonian bank, which made the whole procedure last for several days. "UK customers will benefit from faster, safer and seamless bank transfers. We will start with a pilot, giving a small number of institutional users access to Faster Payments," said Zeeshan Feroz, UK CEO at Coinbase. It’s the first time in the history that a cryptocurrency exchange has partnered with a British bank. Official financial institutions in the UK have opposed cryptocurrency companies, because of their reputation of being used in illegal money transfers. Although the overall interest in cryptocurrencies continues to grow, huge banks still limit their clients in lending money for buying digital coins, as the high volatility of crypto funds may leave their customers in huge debts. #ecoinomic #cryptonews

2018-03-17 12:25:04

Japan's Third Largest Utility Tests Bitcoin Lightning Network Payments Japan's third-largest electric power provider has set up partnership with the startup Nayuta that works on the Internet of Things (IoT) technology and with the software company Infoteria. The goal of the partnership is to test bitcoin payments via the Lightning Network and reduce the costs for bitcoin users. On a demo of the new project, Chubu and Nayuta have shown how a Lightning payment could be forwarded to an electric vehicle charger which turned on right after the money transfer and began to fill the vehicle with the electric power. Hidehiro Ichikawa, Chubu’s senior manager, said in an interview that the company is undertaking market research of how bitcoin could be used to power IoT necessities, although there are still no official plans to implement such payments. "Since the electricity charge is small, [Lightning's] necessary to reduce the fees for using public blockchains," Ichikawa added. #ecoinomic #cryptonews

2018-03-16 16:13:26

Bitcoin Price Drops Below $8K as Crypto Market Continues Falling The day began with Bitcoin price dropping by over 9 percent in the last 24 hours as it went below $8,000 and the overall market capitalization dropping to $310 billion. Not only Bitcoin experiences significant correction. All of the top 20 altcoins have dropped by more than 10%, too, with the most part of them ranging by 15-20%. However, currently most of coins have already bounced back a little. The market fall comes after some of the US officials, including Carolyn Maloney, Representative for New York’s 12th congressional district, stated that the cryptocurrency market is a bubble. Apart from the negative statements from the US government, there was also a bad assessment from the $81 billion investment firm Allianz, which said that bitcoin has no real value and therefore, could fall in price. “In our view, its intrinsic value must be zero. A bitcoin is a claim on nobody – in contrast to, for instance, sovereign bonds, equities or paper money – and it does not generate any income stream,” said Stefan Hofrichter, the company’s strategy head. Currently, according to Coinmarketcap.com the overall cryptocurrency market capitalization is at its lowest since Feb.6. #ecoinomic #cryptonews

2018-03-16 14:15:09

eCoinomic.net at Blockchain Expo Global 2018 Our team attends the world’s largest #Blockchain conference & exhibition in Olympia London on 18-19 April. Join eCoinomic.net Co-Founder and Architect Maksim Akulshin as he discusses cryptocurrency being the obvious solution to the surplus of the world’s money supply. In his presentation, Maksim will focus on the rise of the crypto market and its technical limitations, the potential of Bitcoin and Ethereum for becoming global payment systems, the future of Fintech Peer-to-Peer services and mortgage market. For more details, please follow the link below https://blockchain-expo.com/global/talk/financial-management-digital-assets/ #eCoinomic #eCoinomicnet #BlockchainExpo #maksimakulshin #fintech #tokensale #crypto #bitcoin #ethereum

2018-03-16 10:30:26

Finovate Europe last week was a major success for the eCoinomic.net team. We have received a lot of positive feedback from both the delegates and hosts of the event. According to Katie Gwyn-Williams, Editor In Chief, FinTech of ‎Knect 365 Global Finance, Maksim Akulshin’s speaking session “was excellent and several people told me how much they had enjoyed it”. eCoinomic.net Co-Founders will be attending more Fintech and Investor events this month. Stay tuned! #feedback #finovate #ecoinomic #ecoinomicnet

2018-03-15 19:40:54

30 BTC missing from Brazil’s Exchange Foxbit due to a System Glitch Foxbit, Brazil’s largest bitcoin exchange, has reportedly lost 30 BTC (around $270,000 at the time of writing) as it has been down for 72 hours. The loss occurred due to a system glitch that allowed the users of the platform withdraw their crypto funds twice. On a livestream on YouTube, João Canhada and Luís Augusto, the CEO of the company, revealed that 130 withdraw transactions were duplicated because of a bug in the withdrawal system. Foxbit immediately launched an emergency maintenance mode to prevent further withdrawals as soon as they realized what was going on. The company executives also state that no harm has been done and that all the funds are safe. “All funds are protected, both in reais and in bitcoins. Several clients have already returned duplicate values and we are in touch with everyone. We have a specific fund to cover possible losses and the funds in reais are safe in our bank accounts. The platform was neither hacked nor stolen,“ they said. To protect its users even more, the platform will also cancel some other orders which took place during the downtime so that no funds would be lost while the account owners had no chance to access them. #ecoinomic #cryptonews

2018-03-15 16:38:36

Binance to Launch its Own Blockchain Binance, the biggest cryptocurrency exchange platform, announced Tuesday that it is launching its own ‎blockchain and an upgraded version of its cryptocurrency. In a statement, published on March 13, the company says that “centralized and decentralized exchanges will co-exist in the near future, complementing each other”. This idea inspired their team to create the Binance Chain for transferring and trading Blockchain assets. “We believe that continuously supporting high-quality blockchain projects is the best way to develop this industry. We will continue to improve this part, as we committed in our whitepaper,” the company said. Unlike a centralized exchange, a decentralized one does not rely on a third-party server to keep users’ funds. There’s no central authority to control transactions and users may send their money directly to one another. Decentralized exchanges give their users more anonymity and are far more difficult to hack, but they can also be more confusing for beginning traders. Binance’s statement was released only a day after the company announced a bounty of $250,000 for the information to help them arrest the hackers who attacked the platform on March 7th. #ecoinomic #cryptonews

2018-03-15 11:20:45

Google to Ban Crypto and ICO Ads in June Starting from June 2018, Google will ban online ads related to cryptocurrency as a part of its updated financial services policy. In a blog post published this Tuesday, the company stated that it will modify its financial product restrictions and add to the blacklist the content "including but not limited to initial coin offerings (ICO), cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice." The new policies will work both for Google's proprietary and affiliated advertisement platforms. In other words, the company will ban crypto-related ads on its own website as well as on all its partners’ websites. In an interview, Scott Spencer, Google’s director of sustainable ads, named the move a precautionary measure to protect consumers. “We don’t have a crystal ball to know where the future is going to go with cryptocurrencies, but we’ve seen enough consumer harm or potential for consumer harm that it’s an area that we want to approach with extreme caution,’ he said. The new Google's restrictions follow a similar move by Facebook which forbade bitcoin and ico-related ads in January this year. #ecoinomic #cryptonews

2018-03-14 14:25:06

40% of Stolen NEM Already Laundered by Coincheck Hackers 40% of the record-setting 500 million NEM tokens (XEM) stolen from Coincheck in January this year have been already successfully laundered by hackers. According to the research conducted by Tokyo-based consultancy group L Plus, the hackers have laundered an estimated amount of 200 million XEM, which is now worth around $79.3. At the time of the theft, this amount was much bigger and equaled around $500 mln. The reports say that the Tokyo Metropolitan Police Department set around 100 police officers to find out the details of the Coincheck hack which helped to reveal suspicious activity on the exchange platform a few days before the hack. It seems that the hackers broke into a Coincheck employee’s email account and gained access to the private key to the platform’s digital wallet. Who stands behind this grand theft is still unknown, although previous reports stated that the attack was most likely linked to North Korean state-sponsored hackers. #ecoinomic #cryptonews

2018-03-14 12:25:10

eCoinomic.net partners with The Bonch-Bruevich Saint-Petersburg State University of Telecommunications for Bonch Hackday 2018 A 48-Hour Hackathon takes place from 23 to 25 March. Students from The Bonch-Bruevich Saint-Petersburg State University of Telecommunications will brainstorm on the topics of Virtual Reality and Internet of Things, Artificial Intelligence and Machine Learning, Data Processing Technology. eCoinomic.net offers Hackathon winners prizes for the most innovative solution on these topics. The Hackathon is a good opportunity for the eCoinomic.net project to receive feedback on our platform and share knowledge on Smart Contracts development. #ecoinomic #ecoinomicnet #hackathon #crypto

2018-03-14 10:25:19

Thomson Reuters Launches Bitcoin Sentiment Data Tracker Canada-based mass media company Thomson Reuters will help professional crypto traders by tracking and analyzing mentions of Bitcoin across hundreds of news websites and social media resources. This new type of analysis will be the new version of the firm’s MarketPsych Indices, which they work on together with the behavioral economics research firm MarketPsych Data. Launched in 2012, MarketPsych Indices company is focused on analyzing real-time data across more than 2 000 top global news websites and 800 international financial social media websites. The firm gathers all these tons of data and converts them into readable content that can be used for trading and investing activities. The new project will gather data from more than 400 websites to give an adequate estimation of market-moving sentiment. This kind of information can be really useful for crypto-professionals. “News and social media are driving the investment and risk management process more than ever with the continuing rise of passive and quant-driven trading,” stated Austin Burkett, global head of Quant and Feeds at Thomson Reuters. “As the financial marketplace rises in complexity, so too does the need to provide our clients with not only the relevant data but the tools to help them manage and analyze that data. MarketPsych 3.0 helps deliver another layer of analysis and value-add in the investing process.” #ecoinomic #cryptonews

2018-03-14 05:25:53

Cryptomatoes’: Excess Mining Heat to Be Used for Growing Vegetables The issue of the energy consumption by crypto miners has become really acute in the recent years as it’s directly connected with environmental problems. However, more recently miners have been using environmentally friendly methods and some of them even use the excess heat to achieve other goals. Kamil Brejcha, the co-founder of the trading platform Nakamoto X, introduced his idea this week about using excess mining heat for the growing plants. Kamil has published a photo of tomatoes that were grown with the help of such heat and named his project ‘Cryptomatoes’. He adds that this project has become real after he has developed a system to move excess heat to the greenhouse. According to Brejcha, he initially planned to grow medical marijuana this way but had to reject this idea due to legislation. “Unfortunately, because of local strict rules, we were unable to obtain a license for medical marijuana growing so we had to choose tomatoes and other vegetables instead,” he said. #ecoinomic #cryptonews

2018-03-13 17:40:02

Wall Street Analyst Creates ‘Bitcoin Misery Index’ to Tell You When to Buy Cryptos Thomas Lee, co-founder of Fundstrat Global Advisors and Wall Street strategist, has created a ‘contrarian index’ to help investors estimate how ‘miserable’ BTC holders are depending on the current prices. The so-called ‘Bitcoin Misery Index’ is expressed as a number between zero and 100. The lower it is, the better is the time to jump into cryptocurrency and buy bitcoins. "When the bitcoin misery index is at 'misery' (below 27), bitcoin sees the best 12-month performance," Thomas Lee said in a Friday report. "A signal is generated about every year." According to the report, current Bitcoin misery index is equal to 18.8 and is the lowest since Sept. 6, 2011. The index takes into account such factors as volatility and the number of winning trades out of the total. Lee’s statement follows a huge cryptocurrency market fall on Monday, March 5, when Bitcoin lost almost 27% of its value. And although it’s current rice is twice less than it was in December 2017, Lee is still positive about it and hasn't given up his forecast of $25,000 per BTC by the end of 2018. #ecoinomic #cryptonews

2018-03-13 12:54:39

Vitalik Introduces Plasma Cash That Could Make Exchanges ‘Hack Resistant’ Vitalik #Buterin, co-founder of Ethereum, introduced a Blockchain scaling solution based on smart contracts Plasma Cash, which aims to enhance the Ethereum blockchain’s computational potential. The solution was introduced at the #Ethereum Community Conference in Paris on Friday, March 9. Initially, #Plasma was developed by Buterin and Joseph Poon, co-creator of Lightning Network, in August 2017. Plasma is a set of contracts on top of Ethereum #blockchain that optimizes data passing through the blockchain and eventually reduces transaction fees. According to Buterin, its biggest issue was about scalability, as every user on the network had to authenticate each block and thus prevent exponential scaling. With the new solution, the users won’t have to download the entire Plasma history and will be able to generate Plasma coins by sending deposits to the contract. Moreover, as each Plasma coin has an individual owner, it is neither replaceable nor interchangeable and thus the technology can make exchanges more ‘hack-resistant’ according to Buterin. #ecoinomic #cryptonews

2018-03-13 12:38:57

Auto Giant Behind Mercedes-Benz Tests Its Own Cryptocurrency to Encourage Eco-Friendly Driving Germany-based car manufacturer giant #Daimler, famous for its Mercedes-Benz brand, presented its own digital currency #MobiCoin that aims to reward drivers for eco-friendly driving. The coin will be granted to those who drive smoothly and safely at low speed. The coin will be tested for the following 3 months. 500 drivers who follow the eco-friendly driving recommendations will get rewards during this period. Data will be collected on the vehicles and then sent to Daimler which will convert them into MobiCoins to store in a mobile app. The drivers with the biggest amount of the digital coins will get VIP tickets for different events, such as MercedesCup Final or Fashion Week in Berlin. It’s not known yet if the coins could be converted into other cryptos or fiat money. It’s not the first time that German auto giants implement blockchain technology. In February 2018, BMW declared its partnership with Vechain and Porsche claimed to team up with Berlin-based startup XAIN which would help it implement blockchain to increase locking systems efficiency. #ecoinomic #cryptonews

2018-03-12 14:10:05

Binance: $250,000 Reward for Hackers’ Arrest The Hong Kong-based cryptocurrency exchange #Binance has set a bounty equal to $250,000 on the arrest of hackers who took part in the recent attack on the platform. This is what the exchange representative stated in an official announcement on March 11. The statement says that the first person to give any information that will lead to a legal arrest will get a bounty in Binance coin (BNB), which can be traded on the Binance exchange. If there are many sources of such information then the bounty may be spread amongst them. https://twitter.com/binance_2017/status/972773801174822912 The hackers’ attack took place on the 7th of March and led to irregular trading activity as many users performed unauthorized trades. On the next day, Binance chief executive Changpeng Zhao stated that all unauthorized trades were reversed and all the funds were safe. #cryptonews #ecoinomic #ecoinomicnet

2018-03-12 11:20:04

#eCoinomic.net team has a very busy travel schedule :) #ico #startups #cryptocurrency

2018-03-10 15:30:19

No time to rest as #eCoinomic.net team visits #CryptoInvestorShow, UK’s Biggest Crypto & Blockchain Investor event! #blockchain #fintech #startups

2018-03-09 12:01:05

Great debate and panel discussion underway with #eCoinomic.net Architect & Co-Founder Maskim Akulshin at #Finovate 2018 #ico #fintech

2018-03-08 16:15:11

Only one day left! Don’t miss your chance to meet #eCoinomic.net founders at the #Finovate 2018 Conference. We look forward to seeing you at our booth 53. #fintech #ico

2018-03-08 10:45:36

Happy Women's Day, dear ladies

2018-03-07 14:50:23

eCoinomic.net welcomes Warren Whitlock as a Board Advisor #eCoinomic.net is pleased to announce the addition of Warren Whitlock as Blockchain Business Advisor & Influencer. Mr. Whitlock brings over 15 years of marketing and business development experience to further enhance and lead eCoinomic.net project to long-term success. #cryptocurrency #ico #advisor

2018-03-07 10:51:08

Cambodia Follows Venezuela’s Steps and Plans to Issue a National Cryptocurrency Venezuela’s success in releasing a national cryptocurrency Petro last month has given a stimulus for #Cambodia to issue its own cryptocurrency named Entapay, according to a press release for the Association of Southeast Asian Nations #Blockchain Summit. The project’s authors think that if the Cambodian cryptocurrency goes live it has all the chances to replace such payment giants as VISA. “Entapay will be expected to become the connection between integration payment of encrypted currency and the real world. It has the great potential to even replace VISA as the new mainstream payment mode,” they claim. In the press release, the #Entapay project is compared with #Petro which they call the cryptocurrency that “assists the country in avoiding the Western world's economic sanctions - while providing a new channel of economic development for a country suffering from severe inflation.” It’s not the first time that Cambodia investigates Blockchain capabilities. Last summer, the National Bank of Cambodia signed partnership with a Japanese blockchain company with the purpose to test the new technology for payment services. #ecoinomic #cryptonews

2018-03-07 09:10:16

PayPal Files Patent for Crypto Transactions Speed Boost Payments giant #PayPal has filed a patent to significantly increase the speed of cryptocurrency payments. Documents published on March 1 reveal the system invented by PayPal that allows senders and receivers to swap private keys instead of traditional coins sending over the network. Currently, the average time that users need to wait for Bitcoin transaction to happen equals to 10 minutes. “In many transaction situations, a 10 minute wait time will be too long for payers and/or payees, and those payers and/or payees will instead choose to perform the transaction using traditional payment methods rather than virtual currency. Issues like this have slowed the adoption of virtual currencies despite their advantages,” the patent says. Although many new alternative cryptocurrencies have offered their own solutions for this issue, users still encounter high fees and long confirmation time when the network gets congested. PayPal offers to automatically create multiple secondary wallets which would “practically eliminate” confirmation times. #ecoinomic #cryptonews

2018-03-07 08:00:10

Join Visit site https://ecoinomic.net/Purchase tokens today ENJOY OUR INNOVATION MODELS. Our community and leadership are loving this progress! Buying, selling, renting real estate - using the revolutionary platform #eCoinomic. More information - #ico #eCoinomic #token happy to join with them https://ecoinomic.net/ It provides its users with the functions of lending, exchange, transfer, financial management and integration with online payment services and systems

2018-03-06 11:10:16

#eCoinomic team has landed in London. Next stop: #FinovateEurope 2018 Conference. Come join us at Booth 53 to discuss latest #blockchain trends, digital transformation of lending market and eCoinomic.net project roadmap. #fintech #startups

2018-03-06 01:00:05

600 Bitcoin Mining Computers Stolen in Iceland The big theft in a small country: approximately $2 million mining hardware has been stolen in Iceland. Among the stolen pieces of equipment are 600 graphics cards, 100 power supplies, 100 processors and 100 motherboards. When it comes to cryptocurrency theft, one usually imagines hackers breaking into users accounts and transferring their crypto possessions to the third-party addresses. However, this winter Iceland has come across a more traditional burglary as the mining computers have been stolen from several data centers. About 11 people have been arrested so far, including the security guard of the data centers. The stolen hardware is reportedly worth $2 million. If all these devices are used for their original purpose of mining cryptos, the thieves can make really good profits by gaining digital coins. The police commissioner Olafur Helgi Kjartansson commented on the event: “This is a grand theft on a scale unseen before. Everything points to this being a highly organized crime.” Over the last few years, Iceland has become a favorite destination for Bitcoin miners due to its well-developed IT infrastructure and the access to the geothermal energy. #ecoinomic #cryptonews

2018-03-05 20:30:12

Uber to Launch ‘Eco’ cryptocurrency Uber co-founder who has created the world-known taxi-service, Garrett Camp, now plans to conquer the cryptocurrency world and aims to launch his own decentralized crypto coin named Eco. The new project is supposed to solve the technical and other issues that cryptocurrencies have had up until now and to give its users an instant and affordable means of payment. “I realized it might be better to release a new project from a different philosophical standpoint with cooperation from a lot of universities, scientists, and research institutes—like the Internet,” Camp said. The name for the new currency, ‘Eco’, was chosen for its shortness, easy pronunciation and, of course, association with such notions as ‘ecosystem’ and ‘economics’. “Eco seeks to create the most usable digital currency platform to date, offering users an alternative to bitcoin, gold and fiat currency at Eco.com,” says the currency’s white paper. What makes Eco different from other coins that already exist is that it runs on “verified nodes”, while most of the other cryptos are based on anonymous networks. Another remarkable point about Eco is its distribution. Camp plans to disperse the cryptocurrency among the big amount of different people rather than grant it to a small number of speculators. #ecoinomic #cryptonews

2018-03-05 16:24:32

Alibaba Subsidiary Adopts Blockchain for Logistic Data Lynx International, an affiliate of a Chinese e-commerce giant Alibaba, has announced successful integration of blockchain technology into its logistics operations. According to the statement, the company tracks all the actual information about products with the help of the blockchain-based system, including the products’ specifications, transport method, and third-party verification. Tang Ren, the technical leader, stated: “Although the concept of blockchain has only recently started to emerge, it has a very wide range of applications. We firmly believe that this is an Internet-based technology, not a tool for speculating on currencies.” One of the major advantages that blockchain gives in terms of storing data is that once any information is recorded, it cannot be changed anyhow which makes it quite secure. This is why this technology has gained such wide adoption in many areas, including logistics, soon after its emergence. Although Alibaba utilizes blockchain, it doesn’t plan to implement cryptocurrencies into its payment system anyhow. #ecoinomic #cryptonews

2018-03-04 18:40:27

Marshall Islands to Launch ICO for National Cryptocurrency One more country plans to launch official #cryptocurrency. Now it’s the Republic of the Marshall Islands as it plans to issue the Sovereign, or SOV, to make up the U.S. dollar as its legal tender. The lawmakers of this island country passed the Declaration and Issuance of the Sovereign Currency Act 2018 on February 26th. "The purpose of this Act is to declare and issue a digital decentralized currency based on blockchain technology as legal tender of the Republic of Marshall Islands," says the project representative in a bill, published in the Sovereign's official Telegram channel. Also, the bill says that the currency will be issued by the nation's Ministry of Finance with the help of an initial coin offering (ICO). Hilda C. Heine, the president of the Marshall Islands, says: "This is a historic moment for our people, finally issuing and using our own currency, alongside the USD. It is another step of manifesting our national liberty." According to CTech, 70% of the funds raised during #ICO will be used to close the gaps in the budget. 10% will be used in the projects related to climate change and alternative energy resources and the rest will be distributed among the islands’ residents. #ecoinomic #cryptonews

2018-03-04 11:10:05

Starbucks May Use Blockchain for Payments Howard Shultz, #Starbucks executive chairman, says that the coffee retailer thinks of using blockchain technology in the new payments app. The man behind the world-known brand thinks that blockchain could be part of the company’s future. “I think blockchain technology is probably the rails in which an integrated app at Starbucks will be sitting on top of,” he said. Schultz hasn’t announced any ICO launch in the nearest future nor he’s planning to invest in any project himself. But he mentioned that blockchain was delivering a “consumer application” for cryptos. #Starbucks already accepts mobile tech payments with no cash involved. “Over the last four-to-five years, Starbucks has created a proxy for a mobile digital payments system,” said Schultz. He added that 50% of the company’s tender is paid for with people’s smartphones. However, he’s not interested in Bitcoin due to its high fees and lengthy transactions. #ecoinomic #cryptonews

2018-03-04 06:00:07

Join #eCoinomic Architect & Co-Founder Maksim Akulshin for the leaders debate on how new technologies & new competitors will transform lending. March 9, 11-15 at #FinovateEurope 2018 https://finance.knect365.com/finovateeurope/speakers/maksim-akulshin#digital-lending-summit_leaders-debate-how-new-technologies-new-competitors-will-transform-lending #startups #fintech

2018-03-03 16:10:25

SEC Targets Cryptocurrency Companies in Broad Investigation The #ICO regulatory has been quiet recently, but now the US Securities and #Exchange Commission is planning to check it all out. The broad investigation into ICOs will be carried out with subpoenas and requests for information issued to many blockchain startups. SEC supposes that ICOs may violate the securities laws. Soon after the news came out, #BTC price decreased by 3%. The past year 2017 has been booming with ICOs that have raised $5.6 billion in total. SEC Chairman Jay Clayton said: “I believe every token I’ve seen is a security”. This statement should have made the #blockchain startups be more wary, especially those who decided to label their tokens as a utility and not a security, as SEC previously “recommended enforcement actions against those that conduct initial coin offerings in violation of the federal securities laws”. The utility tokens are usually tied only to the applications where they are used, while security tokens should have a special application related to their ecosystem. #ecoinomic #cryptonews

2018-03-03 12:05:07

11-year-old boy wrote a book on Bitcoin for every kid to understand Andrew Courey is a usual sixth grader who’s fond of playing sports and other activities that are popular among kids of his age. What makes him different from his fellows is that he is a bitcoin expert. Courey has written a book named "Early Bird Gets The Bitcoin: The Ultimate Guide To Everything About Bitcoin," which he published on Amazon in January. The e-book costs $3.5 and the paper edition, just released, costs $8. Last year, Courey was investigating investment options to reach his goal and earn $20 million by the age of 14 so as to be able to leave school, according to an agreement with his parents. That’s when he came across bitcoin and started to look for information about mining, blockchain and crypto investments. Jeff Courey, Andrew's dad, persuaded his son to write a book to make good use of all the time he spent on research and help other people get a clear understanding of how to operate in the crypto space. So that’s what he did. He included chapters about bitcoin history, bitcoin wallets, ICOs and Ethereum into his book. The title ‘early birds’ refers both to kids, for whom the book has been written and to those who made their fortune on early investments into bitcoin. #ecoinomic #cryptonews

2018-03-03 06:20:43

Irish Property Developer Builds Houses for Bitcoins Hagan Homes, one of Northern Ireland’s largest homebuilders, will be the first construction company that accepts Bitcoin as a form of payment. James Hagan, the managing director of the company, sees Bitcoin as a cryptocurrency with a strong future as a legitimate currency with mainstream acceptance. “Bitcoin is an innovative new payment method and essentially a new kind of money. It is very similar to a cash transaction. There has been a significant growth in the use of Bitcoin worldwide and our acceptance of this new channel reflects our willingness to respond to the market,” he says. Still, he agrees that Bitcoin comes across some issues as it gets mature and looks for the way to become a legitimate currency. But Hagan would rather jump into the new technology earlier than later. He claims: “Of course, there are some risks to using Bitcoin for payment due to the cryptocurrency’s volatility, but buyers and sellers are finding creative ways to deal with these challenges. By incorporating the learning from our peers into our approach we can embrace this innovation.” Hagan’s company accomplished 207 houses across 15 sites in Northern Ireland last year. #ecoinomic #cryptonews

2018-03-02 19:58:31

Another piece of art from our Architect and Co-Founder Maksim Akulshin

2018-03-02 15:00:12

Bitcoin Core Releases Software Upgrade: What’s New The Bitcoin Core development team has finally released the long-expected software upgrade that will let the crypto-network scale in a much easier way. The new version comes with a number of improvements and bug fixes. In particular, it covers some new features in the wallet interface and, what’s more important, makes Segregated Witness (SegWit) fully available for its users. “Bitcoin Core 0.16.0 introduces full support for #SegWit in the wallet and user interfaces,” the company stated in an email to its users. Also, the new release is supposed to solve the scalability issues that Bitcoin has encountered over the last years. Bitcoin main protocol has the block size of 1 megabyte. SegWit reduces the weight of transactions by separating the signature and transactional data which allows making more transactions in the same amount of time. Removing the signature information also helps to resolve the transaction security issues as previously transaction IDs could be altered. SegWit protocol has already been implemented by a number of crypto exchanges, and this is a very good step as it would help them work more efficiently. #ecoinomic #cryptonews

2018-03-02 14:10:26

Video Game Giant Ubisoft Is Exploring Blockchain Technology French video game company @Ubisoft is investigating blockchain technology as it may prove useful in its future prospects. The Strategic Innovation Lab, that is responsible for studying emerging technologies, analyzes how the world interacts with #blockchain and looks for different ways to apply it in Ubisoft. The company is particularly interested in the blockchain's ability to offer unique ownership over digital items, according to Lidwine Sauer, the Lab's director of trends and insights. The technology gives the opportunity to "finally have real digital collectables that cannot be replicated by anyone and can be 100 percent owned by you," she said. Ubisoft pays specific attention to the case related to one-of-a-kind downloadable content (DLC), that is distributed by a game's publisher and usually contains add-ons such as new gameplay features. However, the company plans to move beyond DLC. "We want to go further than that," she said. "We feel there's something even more interesting to find through the blockchain, and we're in the process of trying to find that interesting thing," Sauer said. #ecoinomic #cryptonews

2018-03-02 13:30:12

Cryptocurrency Exchange Poloniex Has Been Purchased by Goldman-Backed Startup Circle Cryptocurrency startup Circle backed by Goldman Sachs has bought crypto-exchange platform Poloniex aiming to consolidate its positions of a leading player in the crypto-market. Rumors started to arise earlier this week and were eventually confirmed today in the press release. https://twitter.com/nathanielpopper/status/968202570719117313 The size of the deal is not disclosed and it’s not known how big the Circle’s control over the market will be, but it’s daily trading volumes of approximately 70 different #cryptocurrencies sometimes exceed $2 billion. Fortune magazine says the deal was worth $400 million referring to someone from the inside of the company. “We’ve been really impressed with what they have been able to pull off,” Circle co-founder and CEO Jeremy Allaire said. In the last year, old exchanges like Poloniex and Bittrex were largely replaced by such new players as Kucoin and Binance that were able to offer new technologies to the market. However, Poloniex still keeps good positions and with the help of Circle it has all the chances of re-establishing itself as a dominant global #exchange. #ecoinomic #cryptonews

2018-03-02 09:55:07

eCoinomic at InterEcoForum Following the successful Gibfin Conference eCoinomic Team now travels to Marbella, Spain to participate at InterEcoForum http://interecoforum.org/en/forum/programm. The theme of the conference is cryptocurrencies, blockchain technologies and their impact on the energy sector and sustainable development. InterEcoForum is organized by United Nations Association of Russia and MGIMO University. Maksim Akulshin, eCoinomic Architect and Co-Founder, is one of the featured speakers at the event. He will be discussing how blockchain technologies & new competitors transform lending and traditional loan markets. #ecoinomic #interecoforum #fintech

2018-03-01 17:05:23

A big thanks to new partners and participants in the #eCoinomic project! It was great meeting you all at #Gibfin Conference. We hope to see you again very soon! #ico #partners

2018-03-01 12:30:20

Dear friends, We are happy to announce that eCoinomic will be participating at FinovateEurope 2018: the most effective way to stay ahead on fintech innovation. In eCoinomic, we fully support that motto. This event is a great opportunity to meet the project founders, explore partnership possibilities and get answers to the most important questions about the eCoinomic platform. During the 4-day Conference, you can find us at booth 53 and join eCoinomic Architect and Co-Founder Maksim Akulshin for a panel discussion on the topic of How New Technologies & New Competitors Will Transform Lending. You can also schedule a meeting with us outside the framework of Finovate. The project Co-Founders Aleksei Smolianov aleksei.smolianov@ecoinomic.net and Maksim Akulshin maksim.akulshin@ecoinomic.net will be happy to meet you in London from 5 to 9 March. Event Details: MARCH 6-9, 2018 Finovate Europe, ExCeL London, https://finance.knect365.com/finovateeurope/ Panel discussion. Friday, 9 March 2018 11:15 - 12:00 Leaders Debate: How New Technologies & New Competitors Will Transform Lending #ecoinomic #ico #finovate2018

2018-03-01 10:25:36

Is cryptocurrency the obvious solution to the surplus of the world’s money supply? Don’t miss the #gibfin presentation by #eCoinomic Architect and Co-founder Maksim Akulshin at 4pm to find out the answer! #ico #fintech

2018-02-28 18:35:50

Legal support news

2018-02-28 17:57:03

eCoinomic team at Gibraltar International FinTech Forum #ecoinomic #ico #gibfin #firstday

2018-02-28 12:45:45

Our co-founder Maksim Akulshin turned out to be a very talented artist too

2018-02-28 06:20:45

Bank of China Files Patent for Blockchain Scaling Solution The commercial state-owned Bank of China has filed a patent application with the Chinese State Intellectual Property Office (SIPO) for the new technology to scale blockchain systems. The patent was originally submitted on Sept. 28, 2017, and invented by Zhao Shuxiang. The document proposes not to store transactions in a block, but to use a data compressing system to pack transactions from different blocks into what the patent calls a "data block". For example, if a request to compress transactions from block 1 to 1,000 is sent to the system, the new data block is shaped which is temporarily placed on a different storage system. After that, the system will run this packed data through a hash function with a hash value. Then the compression system will give specific labels to recognize blocks on the blockchain, data blocks that have been formed anew and the compression event. The respective relation of these three labels is also mapped on the blockchain. This method should help to reduce the amount of data kept in new blocks and thus speed up the transactions. As the patent is under review at the moment, this new methodology is invented as a part of a state bank’s effort to improve its business processes with the help of the blockchain technology. #ecoinomic #cryptonews

2018-02-28 06:08:51

let's join in this Bounty let's game #eCoinomic

2018-02-27 12:06:15

Dear friends,

2018-02-27 11:54:27

Our first video about the project is out!

2018-02-27 10:30:40

Stock Brokerage App Robinhood Launches Zero-Fee Cryptocurrency Trading in 5 US States The mobile trading provider #Robinhood launched zero-fee trading for the first pack of users in five U.S. states on Thursday, Feb. 22. These conditions apply to Bitcoin and Ethereum. “Over the past few weeks, we’ve been overwhelmed by the enthusiasm towards Robinhood #Crypto and are excited to contribute to the cryptocurrency community in a meaningful way, the company said on its blog. “With the release of Robinhood Crypto, we’re continuing our mission of making the financial system work for everyone, not just the wealthy.” The first customers who will be able to trade cryptos with no commission are the residents of California, Missouri, Montana, Massachusetts and New Hampshire. Robinhood stated that the app will be gradually implemented in “many more states” coming “later.” The main goal of this move is to attract as many new clients as possible, as the company stated on Jan. 25. The move allowed the platform achieve 1 million pre-registrations in only one week in addition to existing 4 million users. Apart from Robinhood Crypto, the company plans to launch Robinhood Feed, another platform for investors to discuss different cryptocurrencies and news of the crypto-space. Currently, the Feed platform can be accessed only by a limited number of users. #cryptonews #ecoinomic

2018-02-26 20:30:11

Turkey Thinks of National Cryptocurrency The Turkish lawmaker Ahmet Kenan Tanrikulu, who is the deputy of Turkey's Nationalist Movement Party and the country's former Industry Minister, has suggested to launch a state-backed #cryptocurrency named "Turkcoin." Though the technical details are still vague, the politician states that the Turkish digital currency would tokenize asset-backed securities which will make the currency much less volatile and decrease the risks. The asset basket would include such huge national companies as Turk Telekom, Turkish Airlines and the Istanbul Stock Exchange. "The world is advancing toward a new digital system. Turkey should create its own digital system and currency before it's too late," he stated. Also, Tanrikulu suggested to set up clear regulation on cryptocurrency to be able to control the market as the absence of corresponding laws leads to illegitimate use. "The introduction of encouraging regulations after assessing all kinds of risks would enable us to generate revenues from the cryptocurrency market, especially from bitcoin. In this context, the country needs a bitcoin bourse and legislation to regulate this realm," he said. The Turkish suggestions have come out just in a few days after Venezuela’s successful country’s token sale which would assumably help to overcome the financial crisis. #cryptonews #ecoinomic

2018-02-26 13:46:54

Our founder, Maksim Akulshin was invited to speak at the #Gibfin conference. Maksim has chosen the following topic for his speech: "Cryptocurrency is the obvious solution to the surplus of the world's money supply." He’ll be happy to meet you there and answer any of your questions or discuss any issues and ideas. Maksim's speech is scheduled for Thursday, 4pm. #ecoinomic

2018-02-26 11:39:20

Guess what?

Medium News

Sauber Bank increased its capital by 285 million rubles
2018-08-24 09:20:06

Sauber Bank increased its capital by 285 million rubles

eCoinomic.net announcement

Sauber Bank, the core bank of the financial platform eCoinomic.net increased its capital by 285 million rubles.

The Bank of Russia registered additional issues of shares of Sauber Bank for a total amount of 285 million rubles. Thus, the bank’s own capital has been increased to 1 billion rubles.

“The increase in the bank’s capital is related to the need to preserve the status of the bank with a universal license,” comments CEO Sauber Bank and CEO eCoinomic.net Alexei Smolianov. “The planned maintenance was preceded by a large and labor-intensive work, including tight interaction with employees of the Bank of Russia. As a result, an increase in capital will provide the bank with an opportunity for active development in the long term.”

Since 2015, Sauber Bank has demonstrated a steady growth in its client base and retail loan portfolio.

Chairman of the Board Alexander Abakumov: “The strategy for the Bank’s development until 2020, there is a significant growth in the retail and corporate loan portfolio, an increase in the number of structural units by 2.5 times due to the opening in St. Petersburg, Moscow, and other cities. human. At the moment, the bank has a good team of professionals, the result of which is the growth of key financial indicators. The growth of capital allows us to achieve the set goals and objectives, as well as meet the demand for financial products and services of our customers. “

Who was the first to describe crypto currency
2018-08-23 09:12:07

Who was the first to describe crypto currency

How and why did the crypto currency appear? Who invented it, and and in what way does it differ from the usual money?

by PlasmaPay

Before the appearance of money people had a natural exchange, which was inconvenient. It was much easier and more understandable to use the equivalent. So, precious metals (gold, in particular) have been used for a long time.

The first money was tied to the value of gold, but people were still reluctant to take paper money in return for an understandable metal. Then they got used to it. Now the majority of the population does not trust crypto currencies, because they are not secured by anything. But for the same dollar, it also does not cost anything.

There is a version that bitcoin was created as an alternative to the US currency, which is constantly depreciating and, as some experts think, is about to burst like a soap bubble.

Atpresent, the dollar is secured only by the debt obligations of the 12 largest private commercial banks that have the status of a federal agency (FRS). This happened on the permission of President Richard Nixon in 1971. Over the next 42 years, the dollar has constantly depreciated, and its value in comparison with the Troy ounce of gold fell 43 times: from $ 58.42 to $ 1220. Inflation of the world’s most popular currency pulls down the money of 44 countries, tied to it since 1944.

The euro, which appeared as non-cash funds in 1999 and in the form of bank notes in 2002, did not become an instrument which to could help to hide from financial turmoil. At first it grew up, but political events make its course fluctuate. The real problem to the single European currency was the English Brexit. It is predicted that after the withdrawal from the UK, Britain will be followed by other countries, which will either knock down or completely kill the euro.

A deflationary currency was required, not tied to the banking policy of depreciating money.

The security concept was proposed in 1983 by David Chaum, an employee of the Computer Science Department of the University of California at Santa Barbara. He put forward the idea of ​​combining anonymity and transparency of payments for all market participants. For that, the scientist suggested using the “blind signature” algorithm. The bottom line is that outside observers are aware of the fact of the transaction, but its details remained only to the direct participants.

The idea of ​​Chaum was developed by his Israeli colleagues. Together they developed protocols for “electronic cash”. The idea of it is that the transaction was confirmed by a third party, the seller confirmed the authenticity of the payment, and the buyer provided proof of sending virtual money.

Long before the appearance of Satoshi Nakamoto, the politico-technological movement of the cypherpunks originated from the mailing lists appeared in the 90th. In 1993, mathematician Eric Hughes published his “Cryptopank Manifesto”. A year later, the writer Timothy May wrote “Questions and answers about cypherpunk.”

The mechanism of creating crypto currency was invented in 1997 by an Adam Beck from England. His idea was to use the Hashcash anti-spam system. The sender, according to his idea, performs many long-term operations, and the recipient quickly checks their authenticity.

In1998, engineer Wei Dai was first to describe the crypto currency called “b-money”. To control the emissions and transactions of this new form of money, he proposed to use cryptography instead of a central control body. “I am delighted with the concept of cryptoanarchy of Timothy May … Cryptoanarchists want not to temporarily abolish governments, but completely abolish them for complete uselessness,” Dai wrote at the time.

In 2005, scientist Nick Szabo offered the BitGold crypto currency, a purely digital payment tool based on the “work proof” algorithm with the borrowing of the RPOW-server idea (“proof of cyclic application”) by Hal Finney.

Later, as we know, the ideas of the predecessors were realized by Satoshi Nakamoto, the creator (or the group of creators) of bitcoin, a virtual currency with open source and anonymous transactions. The method of carrying out operations on the blockade system was borrowed from Chaum and Beck.

Now there are a lot of new crypto-currencies — altcoyins. The vital task of programmers for the further development of virtual money is to accelerate the transfer of data with increasing code while preserving security, openness and anonymity of the process.

WHAT IS THE BITCOIN MEMPOOL AND WHY DOES IT MATTER?
2018-08-21 10:41:28

WHAT IS THE BITCOIN MEMPOOL AND WHY DOES IT MATTER?

by coinpupil.com

Taking a look at Google Trends Chart for 2017, it’s obvious Bitcoin had a great year for its resilience. Despite several low points from wrong information from the press along with some FUD from Jamie Dimons absurdity, the fork of bitcoin, China’s ICO ban, amongst others.

This upsurge is sensible because Bitcoin is a revolutionary system which has been proven to be a haven for people around the world against their government’s inflationary policies for quite a few years now. Venezuela is one of those where the Venezuelan bolivar has jumped up by more than 700% in the past year. A lot of people have switched over to using Bitcoin to fight the inflation.

What is the Bitcoin Mempool?

The Bitcoin mempool (short for memory pool) is a collection of all Bitcoin transactions awaiting verifications and confirmation which will be included in the next block. Whenever a Bitcoin transaction is channeled to the network, it first gets verified by all the Bitcoin nodes available, which takes an average of 10 minutes to get its first verification. It can take longer than 10 minutes, depending on the pending transactions that are in the mempool. Mempool is the node’s maintaining and restraining area that focuses on transactions awaiting approval. When one transaction gets verified and included, the next one is in line to get added.

For Bitcoin, payments are made by users awaiting the mempool until miners include it into their next block to confirm the transaction. The mempool is part of Bitcoin Improvement Proposal (BIP 35) and it aids Simplified Payment Verification (SPV) wallets which is a lightweight wallet that records transactions. It is another way of letting you validate your transactions.

Why Does it Matter?

The collection of these transactions is called a “block” and whichever miner first solves the math problem gets to add this block to Bitcoin’s blockchain. However if the size of the Bitcoin mempool is high, transaction fees recommended by Blockchain, Coinbase, and Trezor upsurges. You get to choose how expensive you want your transaction fee to be. If you do it higher than average, chances are your transaction will be confirmed quicker. Failing to attach high fees could result in a transaction being delayed for many days if the memory pool does not clear. Similarly to any pool containing a lot of data, there are so many transactions that can be kept in pending until a backlog is created. With the interest of more people in Bitcoin every day, the mempool might be clogged soon which might cause a lot of delays.

Of course, transaction fees do matter and many people have made their voices heard. But transactions also get stuck and that is a big problem. Sending a payment to someone can sometimes be very important because time is of the essence. You want to make sure the

How to Get a Faster Bitcoin Transaction

There are several things you can do to avoid delay of transaction confirmations from mempool:

Send transactions with a high fee attached to it. For large scale transactions worth at least a thousand dollars, a transaction fee of over ten dollars is not relatively high compared to the global banking system. But for small to medium-size transaction, the current bitcoin transaction could be too high, especially for merchants. And this may cause little or medium-size deals to get stuck in the mempool.

Calculate how much time it will take your transaction to go through by finding out the number of unconfirmed deals still in the mempool. If for example, the mempool size is around 3MB then a transaction will take three blocks on average to get confirmed.

Miners win a lottery of 12.5 BTC every time they successfully mine a bitcoin block. Apart from this fixed lottery of 12.5 BTC, miners also get a bonus amount of bitcoins for successfully mining a block, which is called the “Bitcoin mining fee”. Therefore, when a miner successfully mines a block, they get 12.5 BTC plus X amount of transaction fees which is a cumulative sum of all the transaction fees in the block. For this reason, Bitcoin transactions sometimes get stuck in the mempool and are not picked up until several hours, maybe days later. That’s why a miner will pick to mine the blocks in the mempool with higher transaction fees.

Cryptocurrency — a new form of asset class?
2018-08-15 12:52:09

Cryptocurrency — a new form of asset class?

Cryptocurrency is quickly becoming a new form of property, aside from real estate, gold, precious coins, stocks and works of art. As with any other type of asset, there must be some rules and laws regarding the juridical status of cryptocurrencies, how they can be inherited, sold or lent. Crypto market is still an unregulated area, and many countries ignore the need of acknowledging the fact that they exist, or just ban them straight away. In this article we’re gonna highlight the problems related to crypto in its juridical aspects of dealing with crypto or possessing some crypto assets.

Inheritance

There is one particular problem, unique to crypto assets. Cryptocurrency isn’t a physical asset, thus the rights of ownership can’t be transferred, it can’t be handed over to an heir or transferred in any other way if this heir doesn’t have the private key to the wallet where the funds are stored. The only way to make sure your heirs will receive your funds is to give them access via private keys. How can you organize the proper inheritance of your crypto assets to your family or someone else you want to receive it?

First option is to go to a notarial office. Make a will. Put it in a safe. Also with this will you have to put in one of these things:

A paper wallet. Just a sheet of paper with a private key written on it. Can be put into a mail envelope and sealed to ensure no one will be able to see it. Winklevoss brothers, Bitcoin billionaires, store their private keys in paper wallet. Their private keys are written on paper, cut to many pieces, and now these pieces are kept in various banks all over the world.

A cold wallet. A cold wallet is a special device designed for exactly one thing: to store crypto safely. To access the coins stored on cold wallet you’ll need a special password, so be sure to include it as well.

A flash memory card. A flash memory can be used instead of a cold wallet. It’s less safe in terms of security, and it’s more fragile in terms of durability. A broken flash card means that you or your heirs won’t be able to recover files stored on it. You can store your private keys written in a txt file. But it’s not the best option.

The right of ownership

Due to its decentralized nature, the only way to own crypto coins is to own the private keys of an address where these coins are stored. If you expose your keys to a third party and as a result your funds get stolen, you can’t recover them. There’s no way to reverse or cancel a transaction, so keeping your private keys safe is your problem. There won’t be any bank or authority to help you. The robber can even get arrested and sentenced, but if he won’t give away the keys, the funds will be stuck at his address for as long as he wants. There’s no way to move someone’s funds​ against his will, that’s the biggest advantage and the biggest flaw of crypto.

Using cryptocurrencies as a collateral

There’s a different approach to giving crypto-backed loans. There’s a concept of risk in banking system, and every client must have a risk profile assigned to him. Before lending money to any client, a lender must weigh the risk, estimate the chance of possible delay in repaying the debt and then decide if he can lend him money. But there are some nuances if we dealing with crypto and blockchain in general. To give a collateral-backed loan you don’t have to know the identity of your client if you get a pledge, in our case, Bitcoin, in your full possession. But you have to know his name to send him the loan to his bank account. Thus using the decentralized asset as a collateral makes no difference, and you have to follow the same steps as usual.

Why would you need to pledge your Bitcoin in the first place? At the present moment a number of lending platforms issue (or plan on issuing) loans backed by crypto collateral. Let us take eCoinomic.net as an example. Let’s suppose you bought Bitcoin at $9,000 and it crashed to $6000. Suddenly you need money. You have two options: to sell at loss and 30% of your initial investment will be gone forever, or pledge it, using some lending platform services. You get the loan, and when you don’t need these money, you return it and get your coin back even if its price has tripled. That’s how it works. You don’t risk anything, you can keep your coins and find them a good use at the same time.

Summary

As we see, if you’re owning any amount of cryptocurrency all you have to do is to be cautious and keep your private keys in a safe place. Can we call cryptocurrencies a valuable asset? Definitely. Can we declare that its price will continue to grow? We don’t know, so we can’t. The thing is that the widespread adoption can drive the price up, but you’d better get used to it right now. While nobody can change the fact that the transactions are irreversible, all other aspects of owning and using crypto can be discussed and the rules can be defined. Anyway, you can own it, pledge it, use it right now. Why not?

China may legalize cryptocurrencies.
2018-08-14 07:43:15

China may legalize cryptocurrencies.

What will happen to the market?

Digital money is banned in the country since September last year. The government is considering options for lifting restrictions and consults on this issue with experts. The Chinese authorities show interest in cryptocurrencies, but behave very carefully, — told Yury Gugnin, deputy chairman of the expert council under the State Duma on the digital economy and blockchain. He noted that the People’s Bank of China is studying the possibility of legalizing digital money and is holding consultations with experts on this issue.

“Here in China we met a man who heads the working group on legalization of the сryptocurrency in the Central Bank. He also asked to provide information about what format we have, as we see the legal field for cryptocurrency. We gave him everything. He is already calling for their internal activities to adapt this global experience” Gugnin said.

He conducts educational seminars in China on cryptocurrencies and technology of blockchain. According to the official, the local government is not against digital mone. It understands that this is external investment and the entry of companies into the international market, but due to the fact that the Chinese economy is too large, we have to take a wait-and-see attitude.

“Cryptocurrencies is illegal and legal both. It’s in the middle. The only thing that is illegal, you can not conduct stock exchange activities — currency exchange. This is normal. And the second point is that you can not conduct an ICO. Specific activities that are objectively illegal in any country are prohibited” Gugnin added.

Gugnin stressed that the Chinese government is moving towards the legalization of the market. The authorities of the country understand that digital money is impossible to ignore.

In September 2017, China government banned the trade in crypto-currencies and the conduct of ICO. Then the government began blockchain online platforms and mobile applications for working with digital money. Miners are trying to get out of business and limit their energy consumption.

Read more at RBK: https://www.rbc.ru/crypto/news/5b7175079a79475fe503f8d8

Keep this in mind when engaging in a blockchain project
2018-08-13 09:32:06

Keep this in mind when engaging in a blockchain project

For the first time we came across blockchain in 2009 — me and my friend and business partner Maksim Akulshin (now the CTO at eCoinomic.net). At that moment we’d just launched out SIIS, out IT enterprise, and were considering bitcoin among other business lines. Yet, having carefully studied this area, we decided it was too risky and adventurist for a startup.

We revisited the idea of a blockchain-related project almost 8 years after that, and, to my opinion, we are right on time. The market is ripe and active, the users and technologies are ready, the related legislation is evolving, slowly but surely.

I do not consider myself a great authority on this field. Yet, I believe I’ve gained certain experience while implementing a fairly large and complex project that awakens interest of those more or less familiar with fintech. Here I’d like to share some advice for those who consider launching a blockchain-based project. So, what is needed for successful development and launch:

Most people have no clue about what you’re working on — bear with it.

99% still do not understand what blockchain is. Moreover, blockchain and cryptocurrency (think bitcoin) ae re inevitably equated! Great many believe that if one runs a blockchain business, it is definitely all about speculating. They give you sly winks and knowing smiles. Will it rise or fall? Is it a bubble or not? Did you get some yourself? But to conflate blockchain with bitcoin is just like claiming that a car is definitely a taxi or, let’s say, Uber. A car is basically the technology, while taxi is the use of this technology. I often bring this example to clarify the difference between blockchain and bitcoin: blockchain is a technology, and bitcoin, although the first, is nothing more than one of the many ways of its implementation. Still, at the end of the day, no one really has to understand how does it work. Your job is to create a product, that will be simple and convenient for its users and won’t require deep knowledge and analysis.

Low transaction rate — accept it (for now).

VISA is capable to proceed 56,000 transactions per second, while bitcoin — only 7.

ETH and altcoins save the day to some extent, but this situation is not to change dramatically at this point. The problem of the low transaction rate within blockchain is a direct consequence of principles of the network itself.

Too much time is required to synchronize the network and confirm transactions. They face this for the first time, for the second time, for the third and for the fourth, in general, always. In a way, this explains the diversity of currencies: everyone is trying to invent and improve something. Technical solutions that allow for increasing the transaction speed hundreds and thousands of times, and even overtaking Visa, exist, but the mainstream use of such solutions is unlikely in the near future.

What to do? At this stage, do not consider blockchain as an efficient and competitive payment system. For example, at eCoinomic we use blockchain only for the loan-processing smart contract.

Put 100% of your time into the project.

Another key point: blockchain is the area where the founder’s or mastermind’s duties can’t be limited to representative or managerial functions — they must put 100% of their time into the project, especially at the initial stage, be involved into every detail, understand the technical side of the project (and how else can they attract investors and partners who may ask any questions about mechanics of the project?), consider probable fluctuations of the regulatory environment, work closely with the team and much more.

For the most part, blockchain projects are international by nature. This means that their founders and top managers constantly have to be on the move, travel throughout the world a lot, take part in all prominent meetings, conferences, summits in person, correspond with clients and investors, reaching out to the world’s experts and advisors of the industry, be aware of the latest developments and the industry trends. In this case, you feel the project better, you understand clearly wishes and trends of the market. And since blockchain is the growing market, being in a state of formation, it is important to oversee everything at every minute and keep the nose to the wind.

Plan thoroughly.

At the planning stage, it is important to estimate everything, consider different patterns, determine whether the project is scalable, assess risks, and ultimately choose the ideal development path. At the same time, the main thing is not to rush, even if you want to launch the production as soon as possible and give the result to your users. Careful preparation takes 90% of time spent on the project. Without it, too much would have to change and you’ll have to revise the original decisions. Along with that, remember that making alterations in a working blockchain network is not an easy matter. And even if everything is planned very well, be prepared for something going wrong with the project. In order not to be confused, it is better to think of emergency options in advance. What if some stage doesn’t work out as planned? How will the audience take it — and it’s not only about your investors, but anyone interested in the project? Are there competitors, and will all of you fit into the market should they outrun you at one time or another? And lots of other issues that you’d rather solve before they emerge on the table.

Avoid blockchain for blockchain’s sake.

Blockchain and cryptocurrency became so fashionable and attractive, that this hype went beyond the professional community. It attracted interest among financiers, governments, and even celebrities. Some of them already issue their own crypto, conduct ICOs… It’s not that the blockchain is not for everyone, but it’s crucially important to understand, if you personally have a need for blockchain. Why do you need this technology? Wouldn’t a cloud database make more sense for your needs?

What you certainly should not do is to try building a business just for the sake of hype. No one needs blockchain for the sake of blockchain. A trending project can easily fail, and its price may be prohibitive — after all, investments in blockchain run at millions of dollars. If your project is already at the Pre-ICO stage and hasn’t managed to raise a per cent of the required amount within the allotted period, give it up — the risk of failure is too high.

Don’t run from tough questions.

If you are not intimidated by financial losses and waste of time, do not forget about reputational risks. How will users respond to the service, how will investors react to the fail, what kind of articles about you will come up in search engines, will you have the opportunity to continue your business after the failed project? Ask yourself all the most awkward questions about the project and answer them honestly. In addition to reputation, fundraising may involve various legal risks when attracting financing, while SEC and similar regulators are after ICOs around the world, and this doesn’t always come to a rosy end. Remember, blockchain is not so much a fashionable technology as it is, above all, a powerful and serious tool. It will significantly change the nature of many industries and help companies become more efficient through solving specific problems in the near future. And any tool can be used or misused, one can even try driving nails with a saxophone.

To sum up, that’s what I say: the blokchain has many benefits, but it is not without its flaws. On the plus side — you will definitely be noticed if your project solves an existing problem. Blockchain is popular, and gets major attention. The downside is that this technology still has its weaknesses related to both the speed of work and with speculative behaviour. Everyone expects quick fortunes from this industry, and structural projects take time.

So if you decide to build a blockchain project, first — figure out, why would you need that. A good idea will always find its application. Money is never more important than reputation. At the same time, it is now possible to join at least the second, if not the first, wave of blockchain companies, that can grow into something bigger with their bright ideas. Blockchain is now at the dawn of development, this is the time of experiments, and if you are up to something outstanding — why not to try?

Aleksei Smolianov, CEO eCoinomic.net

8 ways to raise some money and keep your crypto
2018-08-10 14:17:30

8 ways to raise some money and keep your crypto

Sometimes it happens that you need some money, and all your spare money is in crypto, if you are a crypto trader. It would be better to manage your money wisely and never let this kind of situation happen, because you must always have some money to spend on living, and invest only that you can afford to lose or that you wouldn’t need in 2–3 years. Anyway, if it happened, and you invested more than you should have put in, now you have to find a solution. To sell you crypto isn’t a best solution sometimes, because it tends to grow tremendously when you sell. If you don’t want to miss the profits, you should better find any other source of income. It should be some other source than your salary.

1. Find a freelance job.

Being a crypto trader means that you have a particular set of skills and knowledge, that might be useful for someone else. Nowadays there’s a high demand for people in crypto industry. Maybe you can become a part of an ICO team and serve a community manager in your free hours? It is paid well in most cases. You can find these vacancies in Telegram or Twitter.

2. Write and publish crypto tutorials.

These guides “for dummies” are really popular and are highly demanded, because there’s more and more people getting in, and a lot of info on crypto you can find online is controversial, thus any practical valuable experience can be useful for newcomers. Try contacting editors in the tech and crypto magazines you like and offer them your articles.

3. Borrow some money from a friend.

Generally we wouldn’t recommend it, since any form of financial relations with friends better be avoided. Of course, there is no repayment schedule, and probably, no interest. But your relations can become more tense, especially if you don’t take the debt seriously.

4. Take a loan, using your crypto as a collateral.

There are some services, like ecoinomic.net, that let you pledge some coins, like BTC or ETH, receive the money when you need it and then return it to the lender when you can, getting your crypto back. It could be a good and easiest option, given that you don’t risk anything, because you don’t sell.

5. Teach somebody how to trade.

It could be a bad idea, if you haven’t made some significant achievements by yourself. If you’re stuck in a situation when your money can’t be withdrawn without a loss, maybe it’s not a good idea to consider youself capable of teaching other people. Teach someone only when you know that your knowledge will benefit your student.

6. Negotiate your boss a bonus payment for your performance at job.

If you’re working hard, and show an effectiveness, why not? It could be a good option if you are a good employee.

7. Sell some of your old stuff.

It could be your CDs, old cell phones, electronics or maybe a pair of old boots. A full-scale garage sale! If you don’t need it, why should it collect the dust on the shelf? It could give you a decent amount of money to pay some bills and buy some food until you receive your salary paycheck.

8. Try dogsitting.

Dogs are adorable, so it could be a very pleasant job to raise some extra money. You can use the services like tailster.com or care.com/en-gb/jobs/pet-care, there’s a lot of jobs waiting for you.

There are many ways to raise money instead of selling your funds, let it be crypto or stocks. All crypto markets are very volatile, and sometimes the swings can leave you with half of the money you have invested initially. But remember: you lose only when you sell. Thus don’t sell it, and just wait for the market to turn in your favor. The most important thing here, as it was said earlier, don’t invest the money you would need in 2–3 years. Consider them gone for a period of time. Make a plan, how are you gonna live without these funds. Maybe it would be a better idea not to invest it, or invest just a half. If you manage your funds wisely, you won’t need these lifehacks. And if you have made it all wrong somehow, it’s up to you, what are you gonna do in such a situation, there’s no any best option. Somebody would take a crypto-backed loan, somebody would just ask a friend, somebody would walk dogs. This situation won’t last long, isn’t it?

How can you mortgage your crypto like an apartment or a car?
2018-08-08 12:03:42

How can you mortgage your crypto like an apartment or a car?

Any property has a value. Any money has a value. Sometimes you need money for some purpose, be it an expensive purchase or a profitable deal, but you don’t want to sell your property for this. Why should you sell your apartment or your car short-term if you’ll have to buy it back, and there is no guarantee that you would buy it for the same price. In this case you could take a loan backed by your assets. You take a loan and then repay it, and at the same time you keep your assets safe. However, any amount of money has its own value as well, that’s why creditors don’t want to lend it as it is. They want to have some security rights, that’s why these loans are usually backed with assets of the same market value, to ensure a guarantee of return. At the same time, the mortgaged asset must have high liquidity to reduce the lender’s risks.

Different kinds of assets can be used for backing loans — apartments, cars, shares, gold, and now a whole new class of assets — cryptocurrency. Cryptocurrencies now have everyone’s attention, and this attention won’t dust out in the near future. Their total capitalization will only grow over time. And more online banks, offering Bitcoin loans, will emerge over time. We can name a few of such services, but we’ll take eCoinomic as an example.

Let’s say your Bitcoin’s value is $8,500. You need money, but you don’t want to sell the coin, because you suggest its price will be $20,000 in two months. You have an easy solution to the problem — you sign up at eCoinomic, define the desired loan, send your Bitcoin collateral and get the money. When you don’t need that money anymore, you can get your Bitcoin back, returning the same amount you borrowed plus the interest. It’s doesn’t matter what’s the value of your collateral when you get it back, even if it went up ten times — it’s all yours. That’s more profitable and safe than selling your crypto. Also, if you bought Bitcoin at $15,000, it doesn’t seem like a good idea to sell it at $8000.

At the same time, if the exchange rate drops, you’re free to leave your crypto and forget about it. In this case a company risks nothing, because it’s backed by the capital it has on its bank accounts, and the company can keep all these Bitcoins for itself, until the price rises again. If you start a business based on any type of asset, you must have some confidence in this asset. Thus you win anyway and the service wins anyway, it’s a win-win situation.

Nowadays you can find more and more opportunities for smart finance management. Anyone can improve their financial situation by making the right deals and investing in the right trends. Cryptocurrencies is one of these trends. Being used as the collateral, Bitcoin can be as valuable as your property and even more valuable than your car, which loses its value as time goes by. Thus you don’t have to get rid of your crypto assets, it’s better not to leave them be or deposit as a collateral if needed. It could become a lot more valuable than all the profit you can make by selling it. In future, this trend is likely to increase.

eCoinomic.net: fair deals and confidence guaranteed.
2018-08-07 07:11:25

eCoinomic.net: fair deals and confidence guaranteed.

As promised before, in this final part of our review we shall cover the inner mechanics of eCoinomic.net platform. This solution is aimed and confidence and trust between lenders and borrowers.

As we recall, the primary mission of eCoinomic.net is to prove that crypto assets can be used as collateral for fiat loans in a reliable and successful way. Along with that, the system shall encapsulate crypto asset management tools.

Smart contract as a middleman

So, let’s connect the dots. The platform shall connect two kinds of customers: lenders (financial institutions, banks, funds, etc) and borrowers — crypto owners. As mentioned before, the latter can pledge his crypto assets — one of 10 major currencies or CNC tokens. These are available for purchase during the token sale, after which their price will gain 20%.

All loan fees can only be paid with CNC tokens and are reliant on loam amount. The fees are indicated in USD as shown below.

The smart contract, that handles loan processing, has a simple design. A user, willing to get a loan, has to transfer a certain amount of crypto, that is registered and locked by the smart contract. The fiat loan is instantly issued and placed on the user’s bank account. Further progress may vary, depending on the loan settlement.

The collateral is returned to the customer in full upon successful, full and punctual repayment. If such a thing doesn’t happen, crypto assets locked as collateral can be sold to fulfill the obligations to lenders.

The crypto collateral is exchanged automatically to the desired fiat currency, needed for loan repayment. Should there be any surplus, it will be returned to the borrower.

This pattern ensures the success, convenience and security of loan issuance, processing and closing and attest to the effectiveness of crypto collateral. The platform is to build up confidence among lenders and borrowers, as none of the parties can ever be scammed.

Glimpse into the future

We’ve already said enough on the project’s perspectives and its determination towards global recognition of crypto assets as an adequate collateral type.

eCoinomic.net token sale takes place from 1 May to 1 August 2018. The tokens sold are a means of payment for the platform’s services.

The eCoinomic.net platform will be available for early users on November, and the public release is planned for December. Nevertheless, the team will continuously develop and improve he product, adding new advanced features, making eCoinomic.net a sought-after service within the crypto market.

eCoinomic.net: a sought-after solution
2018-08-07 06:21:23

eCoinomic.net: a sought-after solution

In the first part of our review we revealed the core features of eCoinomic.net platform and its significant difference from lookalike services.

eCoinomic.net is a blockchain-based platform that provides financial and crypto asset management services through smart contracts. These services include hedging, investments and rapid crypto payments. The launch of integrated crypto exchange is also planned.

The principal service of eCoinomic.net is lending: fiat loans are issued against crypto asset collateral — a certain amount of one of mainstream cryptocurrencies or the platform’s CNC tokens.

Here we will say a few words on the necessity of such service and the market demand.

Crypto mob needs eCoinomic.net

The aggressive development of crypto market is no secret to anyone these days. Digital currencies are about to reach $300 billion total value and daily transactions are estimated at millions.

The prospect of global acceptance of cryptocurrency is not too remote. Their swift growth still doesn’t make them a full-fledged and recognized financial tool, and this stops them from being a widely used type of loan collateral.

eCoinomic.net undertakes a mission to expose the potential of using crypto assets as collateral for a loan. In such a way thousands of crypto holders will find a way to loans with terms far more advantageous and affordable than those of traditional banks.

It is a fact of life that banks want you to prove the credit score and the ability to pay off, provide appropriate collateral and prepare a whole bunch of documents. All this hustle and bustle hinders the story, and the mass of requirements urges customers seek alternative solutions — simple yet unsafe services with extortionate interest rates.

eCoinomic.net will act as a guarantee of loan repayment and be answerable to fiat lenders — individuals or institutions — who will have provided their funds for loan operations. The platform’s smart contracts will enforce the fulfillment of loan liabilities.

But let’s not forget that eCoinomic.net is more than a lending platform, but a versatile service providing a full-fledged asset management toolbox for crypto holders. So we’d like to set aside the loan story for a while and have a look at other components.

Still greater scope

Hedging has been a long-present asset management instrument, and eCoinomic.net shall implement it particularly for the benefit of lending parties. To guarantee the 100% repayment, the system shall track the market value of each crypto collateral on real time.

The principle is no rocket science. At the moment the loan agreement is signed and the collateral is provided, its current market value is registered within the same smart contract. Once this value drops to 80 per cent of the initial price the user gets notified, and the alert is repeated each time it goes down by additional 5%. In this case the user can go for one of the following: add more crypto, let the collateral be liquidated or repay the loan in full.

Other instruments, available to eCoinomic.net users, shall include crypto investment management, exchange and payment processing, allowing the customers to derive maximum value from their crypto portfolios.

Our next — and final — chapter will be devoted to the detailed description of eCoinomic.net loan feature and its implementation.

Twitter

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Liechtenstein Bank Issues Own Crypto Stable Coin, Aims to Become “Blockchain Investment Bank” Read more: https://t.co/ccZcZlnmxi https://t.co/pMpyifIGUb

Mayor of Seoul Mr. PARK Won-Soon on BlockFesta 2018 with https://t.co/OrEreWbrTL team https://t.co/1DHkI7nHmL

South Korea’s government has earmarked a 5 trillion won ($4.4 billion) budget toward its ‘Growth through Innovation’ investment program in eight critical sectors with a particular focus on blockchain and AI. Read more: https://t.co/t1HHjyxHpo https://t.co/bSqFJBlzoD

Can we call cryptocurrencies a valuable asset? Can we declare that its price will continue to grow? What problems can arise with this new type of assets? Read our opinion in the new Medium blog: https://t.co/H4wmJgbGRh https://t.co/Xi92CEJYpr

We are pleased to introduce the new adviser Mr. Mickey Сhoi, CEO Mickey Global Business. https://t.co/jPwEJmxSBT

The Chinese government is thinking about what to do with cryptocurrencies. The authorities understand that digital money is impossible to ignore. Read more: https://t.co/MjNtydIXZu https://t.co/ryLj0GvZAL

"Most people have no clue about what you’re working on" New story by Alexei Smolianov about what you need to keep in mind when engaging a blockchain project. Read more: https://t.co/OfgE9PpAL4 https://t.co/iwYkScFivZ

Forbes opinion: One Chart Explains Why You Should Own Bitcoin And Other Cryptocurrencies Read more: https://t.co/y8VQlXqqy7 The easiest and safest way to buy cryptoassets - https://t.co/08GF2fQoZt https://t.co/eFsBJj0VtB

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https://t.co/OrEreWbrTL: a sought-after solution for crypto holders. The second part of our story. Read more: https://t.co/fKxhX7etFa https://t.co/p0lkUFw4n6

Dear eCoinomic #1 Bounty Campaign participants! Please, check your email to find out how many CNC you have earned so far! Please, wait until 15 August to get your CNC directly on your wallet! Regarding any further bounty questions, please, contact @ecbountysupport (Telegram). https://t.co/NfvUEAYD4s

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Banking + blockchain = ? Read about it in the new Medium story: https://t.co/LhOXoueXqh CEO https://t.co/OrEreWbrTL Aleksei Smolianov looks at how to link banking systems and blockchain. https://t.co/7Yay3gy6Gx

I just published “How to link banking systems and blockchain” https://t.co/92lqN5rt6l

THE ADDRESS OF OUR SMART-CONTRACT PUBLISHED Look in our telegram channel: https://t.co/jAifo1DDcx https://t.co/PqDljB81Ts

https://t.co/OrEreWbrTL introduce: A brief history of loans from antiquity to the present day. Read in our Medium blog https://t.co/JRiIqchg6e #education #story https://t.co/2HuPdVHIwt

ECoinomic — digital platform providing traditional financial services to cryptocurrency holders — how does it work? Watch our video and be informed! https://t.co/d7DJpmcZx4

South Korea’s primary financial regulator insists on the creation of the country’s first regulatory bill for the cryptocurrency sector amid fears of substandard security in the industry. https://t.co/CT0sRzfG05

We remind you, that we decided to allow representatives of the Asian market to participate in the purchase of tokens within the ICO and extend it until the 1st of November, 2018. The distribution of tokens scheduled for 1st of August among the participants will take place! https://t.co/i6Kfg1AIx8

Check out our new website and get more useful and inspiring information about our project! https://t.co/J0kCjuCZZb

We'd like to share some news: the CNC tokens will be distributed on the 1st of August'18! Also our platform will start to provide a new service allowing users to purchase cryptocurrencies with VISA and MasterCard bank cards. Read more about our results! https://t.co/O4G88bY4b9 https://t.co/JSkxolNbnI

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https://t.co/SQUMNwlz9d Meetup for everyone who would like to learn more about cryptocurrency lending, development of financial and banking products based on blockchain technology. Venue: 149-30 Samseong-dong, Gangnam-gu, Seoul, (https://t.co/aBL7ihXvf1) https://t.co/6y1UiHHyTd

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We are pleased to announce that Ph.D. IK Song has become the new advisor of @eCoinomicnet. Ph.D. IK Song is a professor at Korea University (Seoul) lecturing Technology Investment and M&A, organizer of CryptoForum for HotCoins and columnist of The Korea Economic Daily. https://t.co/Ld13txiCSs

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Join our Medium and read the new article about how eCoinomic has made purchase of crypto assets possible with a bank card https://t.co/Jzy32tKVkS

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Roundtable discussion with Plenipotentiary Representative of the Legislative Assembly of St. Petersburg on the development of legislation in the field of blockсhain and cryptocurrencies in Russia and Korea https://t.co/JAKGP9Oryb

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Meeting in Sauber Bank, signing of accord with MARVELS https://t.co/ADgCuvnPtF

Our Korean guests met with the president of International Banking University Maria Sigova and shaped a plan of future cooperation. https://t.co/xN5Vci34y1

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Mr. Oh Myung and Mr. Park-Bong Kyu spent rich weekend in Saint Petersburg and visited main Russian museums - The State Hermitage Museum and The State Russian Museum https://t.co/8hWzB0Z0S5

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RT @officialmcafee: Do we want regulation in crypto? https://t.co/MKttbRjxv3

We got the operating licenses from the Ministry of Economic Affairs and Communications of Estonia for providing services of exchanging a virtual currency against a fiat currency and for providing a virtual currency wallet service! https://t.co/NiCoxqKraq https://t.co/3OyHMyVPOx https://t.co/quwugJtm5C

‘Mobile First, Digital Everything’ – The European Experience of Building the Future of #Banking https://t.co/Akdig2qEsW https://t.co/z08gR7CvQ3

Everipedia Prepares June #Airdrop Supported by Multiple #Crypto Exchanges https://t.co/Twgl8FWLsD https://t.co/ubnMOXgJnL

Chinese Government Orders Faster #Blockchain Development, Urgently Seeking Results https://t.co/PCf3up63se #fintech #cryptocurrency https://t.co/EkquWr7XM6

Sean Penn has let himself go. But that beard really makes him look like a crypto expert #seanpenn #cryptocurrnecy #blockchain https://t.co/WqEcnvgKeq

The next battleground: @Google, @applenws, @facebook, @amazon and Banking https://t.co/c7Wwr7pkIA https://t.co/RWdkHMn9dv

#ecoinomicnet #ICO #crowdsale #tokensale https://t.co/3MztBDwMUj

Add fiat loans backed by #cryptocurrency to the list #blockchain #fintech https://t.co/LSoGKrmHRa

Breaking news! @Google tries to hire Ethereum’s founder @VitalikButerin to help in a Blockchain project https://t.co/KpuLF87rwC #Blockchain #ETHEREUM https://t.co/qIqViNisVp

Why are you still not following the @eCoinomicnet chat in KakaoTalk? COME ON, JUST DO IT! https://t.co/lZf7nwCu5B #kakaotalk #blockchain #ICO https://t.co/0AbADIFyVn

We keep making new friends! @ecoinomic CEO Aleksei Smolianov and the institutor of @CryptoForumAI for ????Hotcoins Dr. Ik Song #blockchainevents #hotcoin #cryptocurrency https://t.co/5zDc6GGOEl

Maxim and Aleksei are at Cryptoforum for @CryptoForumAI ????Hotcoins in Seoul telling about @eCoinomicnet ???? #cryptocurrency #ico #hotcoins https://t.co/G0HlPRISP0

Join @eCoinomicnet Crowdsale here: https://t.co/HflKqQeSDo! #ico #crowdsale #token #blockchain #cryptocurrency https://t.co/JGwJYj6MiZ

RT @coindesk: Manufacturing and Blockchain: Prime Time Is Yet to Come https://t.co/hT7RgbahQa https://t.co/vKb20qlo8g

Can Bitcoin be Used as Collateral? The new article about @eCoinomicnet on @cointimeus: https://t.co/a99QXw3QJB #bitcoin #cryptocurrency

Aleksei and Maxim picked up with Hey Yon Uk, Senior Managing Director (Head, Finance & Management Planning Unit) and Lee Jeong Hyuk (Global Business Team) from @wooribank to discuss the payment services for our project! #fintech #cryptocurrency #banks https://t.co/eY6fYWueR5

Our CEOs had the meeting with Dr. Myung Oh, the ex- Deputy Prime Minister of Korea and Minister of Ministry of Science and Technology Planning and Management Office from 2003 to 2006. Had a dinner and arranged about cooperation and future meetings. #Korea #blockchain #fintech https://t.co/S0m8L4k4hc

Precious member of @ecoinomicnet team, Olga Lim - Specialist in Korea relations. #ecoinomic #Korea #blockchain https://t.co/mOX7CM5YHF

We need more such articles. Do you need #blockchain for your business? https://t.co/e3ouHL39KW #fintech https://t.co/wYwrdSXdEq

"I don’t believe in #p2p lending services. Yes, that sounds nice – #blockchain, revolution etc. But can’t think of @WarrenBuffett singing up on a lending platform to let a Russian farmer borrow $500 till the end of May." Maksim Akulshin, at Blockchain Expo Global #topqoutes https://t.co/LAWwtyFVGZ

Crypto Utopia: Man-Made Floating Pacific Islands Will Accept Cryptocurrency https://t.co/UrvMpRtPjn https://t.co/Kr09xBuu2n

Leading Indian Banks Form Blockchain Trade Network with InfoSys @Finacle https://t.co/nNut1M4H3n #fintech #blockchain https://t.co/Jb40Fdeb07

European Parliament Passes Resolution Supporting Blockchain Technology. It's about time @Europarl_EN! https://t.co/l6Zi7boTAA #blockchain #fintech https://t.co/klO70TyIl7

Remeber ☝️ the more funds we can raise during the ICO, the more services we can provide; the more CNC tokens will be taken out of the supply, the more they will appreciate in value. #ICO #cryptocurrency #fintech https://t.co/BSTpa6jErs

Cool! #banking #economy #BigData https://t.co/nXHHeta0PV

Switzerland Government Calls for Study on State Cryptocurrency “e-franc”. Looks like a logical step forward in the strong economy development https://t.co/OaL12iGU7p

Lots of people think that blockchain is a tool that can fix everything. Here's an example: https://t.co/vJLYoPGXQf Do you agree?

Good news from Korea https://t.co/jwipZBBVFV #ICO #blockchain #fintech

Hey @TASE_en , your platform is not “first of a kind”! https://t.co/bFTzAi8q9h #blockchain #fintech

Blockchain is not a panacea #fintech #blockchain #banking https://t.co/hMl1C6jqYS

Absolutely agree! That's why our investors must pass KYC while purchasing CNC tokens ☝️ https://t.co/WuimCG9VpH #KYC #tokensale #blockchain

We at @ecoinomicnet believe blockchain doesn't work good in loans. Let’s find out if does for elections ????: https://t.co/N4eC4jqS53 #P2P #blockchain #Election2018 https://t.co/pT5XozYvMl

The banking industry is changing at a pace never before seen requiring people and organizations to embrace change, take risks and disrupt themselves. Are you up for this challenge? https://t.co/stomcNi3kx #banking #fintech #blockchain

Our supporter wrote a great comparing article: @eCoinomicnet vs. @NexoFinance . Read and choose which is better https://t.co/FL1qt715Ll. #blockchain #fintech #ICO

Congratulations to everybody, we've reached USD 6 million Soft Cap! Development stage of #Crowdsale is now over. Reserve stage begins on June 1! Thank you for support and trust, keep glued to the news. #blockchain #cryptocurrency #ICO https://t.co/DYhgp8Paq7

Monika Kott is a precious member of @eCoinomicnet team that you should know by sight. She represented our project in London on After the Bell conference by @MankoffCompany #blockchain #fintech https://t.co/ZB5ganhfXQ

eCoinomic Ready To Lead Crypto-Backed Lending Revolution. @CryptoCoinsNews article: https://t.co/1zXuigP43z #cryptocurrency #blockchain #fintech

One unpopular opinion that has a right to exit: #blockchain is not only crappy technology but a bad vision for the future https://t.co/8r7KZwEIBy Buy the way @ecoinomicnet platform doesn't use #P2P #fintech #Banking