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Wednesday, January 23, 2019

ECOSTART - Cryptocurrency (TECO) Belongs to TerraEcocoin Which Produces Algorithms


Hello everyone,


Ecostart is a public distributed cryptographic platform for creating applications and software solutions on an open blockchain. The platform is created for financial support of ecological and nature protection projects. The core of Ecostart will be TerraEcocoin’s own cryptocurrency (TECO), which generates the Proof-of-Importance algorithm.

The core of the platform is the TECO cryptocurrency, which is generated using the Proof-of-Importance algorithm.

EcoStart will be a reliable platform for creating applications for funding in “green” projects, in the sphere of ecology and sharing the economy.

Our goal is to increase investment in green projects and tokenization of investment activities.

EcoStart Blockchain has all the necessary characteristics for this:

  • Fast transactions about 100 K transactions per second
  • Mobility
  • Transparency
  • Democracy
  • Lack of intermediaries;
  • Energy saving verification protocol (up to 100 times less than for Bitcoin)
  • Low transaction cost
  • Smart contracts with new advanced features and tools for creating it.

ECOSTART WORKS

The platform will be created on Ecostart’s block system that will meet its requirement for cost-effectiveness, reliability, and speed. Currently, the ecosystem uses Ethereum where smart contracts at the ICO stage are written on it. The platform combines several technological solutions including applications that are already in use, into a single system.

EcoStart uses the blocking technology to solve several tasks at the same time, from the creation of fundraising services to writing down information on trading operations of clients and to the sale of tokens in the ICO. With the transparency aspect of the blocking technology, customer confidence in EcoStart grows to admirable levels.

The EcoStart Ecosystem has seen the integration of the TECO cryptocurrency to enable all ecosystem services to be carried out with it. With increased transactions and activities on the EcoStart platform, and the higher the participation of buyers and sellers of the cryptocurrency, the more benefits all participants will receive.

The development of the cryptosinger as a communication channel also opens up environmental enthusiasts to a convenient and functional mode of communication in the ecological community while ensuring maximum confidentiality and anonymity.

FEATURES
Observation of the ecology anywhere in the world
Monitoring in minutes. The participant enters the geoportal – selects a point – and he sees the real ecological picture in the selected region.

Simple fundraising for environmental projects
Without banks, bureaucracy and significant costs.

Each community member will be able to create their own applications for environmental projects.
The logic of the applications will provide smart contracts, and integration with third-party resources – an open API for developers.

Part of the commission from the TECO transaction is automatically sent to the environmental fund
When community members perform financial transactions among themselves, the commission from these transactions replenishes the investment fund (IEF), which funds green projects.

ECOLOGICAL COMMUNITY

The Ecostart platform will bring together all the members of the environmental community on a common website where users can:
  • Create and package environmental projects on your own or with the help of the EcoStart expert community
  • Collect investment in environmental projects,
  • Find environmental projects to invest in,
  • Collect investment in environmental projects,
  • Get real ratings of participants in the environmental community (initiators, investors, experts, volunteers).
  • Get objective recommendations.
  • Communicate using the built-in messenger
ENVIRONMENTAL INVESTMENT FUND (IEF)

Our participation in the process of improving the world is the creation of a decentralized investment environmental fund (IEF). IEF is the main service of the EcoStart project.

The model of a decentralized organization was chosen as the target model for the fund. The fund will be managed using smart contracts, software contracts created within the EcoStart blockchain system.

Part of the commission from the TECO transactions is sent to the environmental fund. IEF will finance green projects on various environmental topics.

Token Sale
TECO token is complitable with ERC20 Standart.



TOKEN DETAILS

Token Symbol: TER
Token Sale Start: 10 December 2018
Token Sale End: 31 March 2019
Token Price: $0.1 USD
Issue of tokens: 210,000,000
Token for Sale: 130 000 000
Max circulating supply: 150 000 000
Token for Sale: 110 Days

DISTRIBUTION OF TOKENS

71% For sale
17% Team & Partners
10% Miners
2% Bounty
1% Reserve Fund

OPERATING ALLOCATION

55% Marketing & Advertising
20% Software development
15% Operating
5% Legal
5% Insurance Fund

RoadMap

05.2018 The beginning of the pre-announcement. Creation of an information background aimed at drawing attention to EcoStart, forming a community, a loyal image of the brand and crowdfunding.
11.2018 Start Pre ICO Launch of a marketing and PR campaign to promote EcoStart. Used channels: forums, news resources, trackers, contextual advertising, promotion in social. media, direct mail, cooperation with bloggers, etc.
11.2018 ICO (Initial Coin Offering) Listing of tokens on stock exchanges
12.2018 Beginning of the ICO Most of the cash collected during the pre-ICO is sent to increase the effectiveness of the marketing and PR campaign.
02.2019 Development of the Alpha version of the platform and its testing
03.2019 Upgrading the basic nodes after Alpha testing
05.2019 Beta testing platform. Opening a platform for mass users
06.2019 Release of its own crypto currency TerraEcocoin (TECO)
06.2019 Develop a mobile app on Android and iOS
06.2019 Audit platforms on Android and iOS. Test the mobile application.
06.2019 Final launch of the mobile app on Android and iOS
07.2019 АPI
07.2019 Start an advertising and marketing campaign in key markets
10.2019 Partners Connections
12.2019 Creating a Global Ecosystem EcoStart





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