Ecoin official

Ecoin is a platform that aims to enable mass-adoption of cryptocurrency. Ecoin is based on the simple concept that the value of a currency increases as the network of users grows. As a result, the platform makes the coin available to as many individuals as possible. 

According to its whitepaper, the project aims to facilitate mass adoption by delivering a user-friendly Ecoin experience that benefits everyone. The platform seeks to solve the problems related to mass-adoption by providing the "AI-driven proxy identity platform," powered by Social Mining, Cashback Mining, and Incentivized Mining, that can eventually lead to broad acceptance of cryptocurrency.

Running on the Telosblockchain, ECOIN is the Ecoin Foundation's official token. One thousand tokens are given out to users who sign up on the platform or refer a friend. The platform has created an AI-driven signup process that eliminates Sybil attacks, and offers tokens to the genuine users by using email and phone numbers instead of hard KYC (know your customer) documents.

The foundation repurchase and burn the tokens from the revenue generated. Up to 50 percent of the tokens are burned through repurchases to generate more demand. The platform offers additional awards and staking rewards to its users.

The Ecoin Foundation's official wallet is the COIN Wallet. This wallet keeps track of ECOIN, TLOSD, and PBTC tokens using a FIO address and connected accounts on the Telos blockchain. The platform can safely and securely transfer, receive, and store pBTC, Ecoin, and other cryptocurrencies and digital assets.

ECOIN was launched in January 2020. The total supply of the Ecoin token is set to one trillion ECOIN.