Etherecash ICO, Brings Lawyer Backed Financial Functions on the Blockchain
About Etherecash:-
Etherecash is a three prong financial platform enabling peer to peer lending, global money transfer and a crypto debit card, which allows it’s users to maximise the potential of their assets and leverage cryptocurrency to secure fiat loans. The platform uses lawyer-backed smart contracts and blockchain technology to offer full transparency and security for its users. The Etherecash platform is a complete ecosystem to bring speed, security and reliability in the way we lend, send and spend.
Etherecash ICO is addressing this head-on by revolutionizing how we manage and access financial services by introducing a decentralized and transparent platform for three core functions of finance — lending, spending and money transfer. By bringing such services on the blockchain, we can create a more secure, transparent and affordable method of maintaining our finances, while improving accessibility to loans. The platform delivers a standardized and formalized crypto-lending platform that enables lenders and borrowers to connect through a smart contract backed by legal houses worldwide. For the convenience of the customers, it connects the crypto and fiat currencies in a single platform to enable peer-to-peer lending backed by cryptocurrencies.
Oct 25, 2017, – Financial services startup Ethercash has proudly announced its Pre-ICO Campaign, which will raise funds to develop its blockchain-backed financial platform. The Ethercash platform aims to revolutionise three core functions of finance to bring greater transparency and security in the way we lend, send and spend. The Etherecash platform will allow its users to leverage their cryptocurrency holdings to acquire fiat currency loans without the need for credit history, through the application of lawyer-backed smart contracts. The Etherecash Pre-ICO campaign will run from October 25th, 2017 until November 7th, 2017 and ICO campaign will begin November 15th, 2017 and finish on December 19th, 2017.
In the modern world there are over 2.5 billion unbanked people, with no access to basic financial services resulting in exclusion. In addition, current financial systems tend to be rigid with complex lengthy systems and often unfair criteria that prevent us from getting a loan. Etherecash’s mission is to solve this problem by offering these individuals the chance to acquire fiat currency loans, based on the strength of their cryptocurrency portfolio. Etherecash aims to totally disrupt the financial services industry by introducing its decentralized, transparent lending platform, which is driven by safe, lawyer-backer smart contracts.
The Etheresash platform offers the user a global peer-to-peer cryptocurrency-lending platform which lenders and borrowers can connect with one another to conveniently exchange fiat currency for profits. Those taking out a loan have the freedom to choose all the factors surrounding the loan, such as the type of loan, duration, and amount. Both lenders and borrowers can select mutually beneficial terms when creating the contractual agreement, which is later secured by the professional lawyer-backed smart contracts.The platform benefits all users but is certainly most beneficial to borrowers holding cryptocurrency, who would otherwise find it difficult to acquire a loan through the traditional sources. All loans are border free and borrowers are not judged on any additional criteria, other than the value of their cryptocurrency holdings.
Etherecash is a great option for crypto-enthusiasts to gain safe, secure fiat currency loans, based on their cryptocurrency holdings. For most of us Cryptocurrency is a high risk, yet high-return investment of sorts, and for this reason, most holders of cryptocurrencies do not want to be forced to liquidate their holding for day to day expenses or when they need a short term loan. Although it is becoming easier to spend cryptocurrency, most options still include the task of converting altcoins into bitcoin which is then usually sold online. Ethercash tackles the problem of remittance with the introduction of its multi-cryptocurrency debit card. The multi-crypto debit card offers fast, global payments with a low, streamlined fee structure. The card works as any standard debit card would, with a full application for online purchases and ATM withdrawals.
Etherecash comes from a highly experienced team of blockchain experts, with over 50 years experience between them. Together they have designed an ecosystem that has the potential to offer a better future for billions of people across the globe. The lawyer-backed smart contracts and blockchain technology provide total security, transparency, affordability, and convenience for the users of the multi-currency lending platform. From the billions of unbanked individuals to cryptocurrency lenders, to the everyday user, Etherecash offers financial solutions, and a better tomorrow.
Etherecash ICO Campaign:-
Etherecash detail:-
Token generation cap
Etherecash will create a total of 360 million tokens (ECH), 144 million of which, will be available throughout the course of the ICO campaign. The Etherecash ICO Campaign will be broken up into a Pre-ICO and a main ICO. The Pre-ICO will run from October 25th, 2017 at 2.30pm (GMT+2), until November 7th, 2017, and the main ICO will run from November 15th, 2017 to December 19th, 2017. The ICO campaign will have a soft cap target of $15 million (35 million tokens) and a hard cap of $100 million.
Etherecash detail:-
360,000,000 Etherecash
for ICO: 144,000,000 Etherecash
Token distribution:-
10% Pre ICO
30% ICO
25% Founders & Team
15% R&D Community, Bounty, Partnerships
20% Expansion & Sustainability Reserve Bonuses
Pre-ICO Bonus:-
25th October: 25%
26th – 31st October: 22%
1 st – 7 th November: 20%
15th November: 15%
ICO Bonus:-
15th November 2017: 15%
Week 1: 12%
Week 2: 10%
Week 3: 5%
Week 4: 3%
Week 5: 0%
Accepts:- BTC, ETH
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