Do you have plans to launch an air drop project? It would be interesting.
Yes Airdrop advanced program is starting in 3 days! Stay tunned..... |
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Is in Token sales program if any unsold will be burned to make the token value stable? or will it be used for the next program?
It will be burned to secure satisfaction of our contributors prior to exchange listing and enable x return as planed upon crowdsale. Following up that we have unique model of buying back ECTA PAY tokens please check it out here: https://ecta.io/ectanomics/ |
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The project is outstanding and very helpful. If I may know, is there any other rewards given to holders of tokens and consumers, other than to use and contribute?
In our case beside tokens everyone will be given the possibility to own a share of the project's cooperative called "Distributed Collective" and benefit from holding the voting power and having a certain bonuses/benefits for the future projects realized by the same cooperative. But that all depends on amount of ECTA PAY tokens you acquire and passed KYC. |
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Are any countries excluded from the sale,whats the situation regarding that?
As we are the first ICO backed by academics we did a careful examination with our legal advisor and as conclusion: we are not allowed to accept contributors from USA, China and Singapore. |
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Do you already have some exchange lined up to list ECTA ?
Yes, we are in talks and have lined up with a several exchanges as one of our team members has a solid relationship built with them. Binance, Huobi, Okex, Livecoin. At the moment that is our focus. Might change over time. |
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Hello. Really like your project, i wonder, will there be a minimum payout in it?
As our goal is to distribute tokens to millenials and enable as much as possible people worldwide to benefit on using the platform in terms of proving their skills and get hired with the first blockchain-based trust protocol for global employability - the minimum investment will be 0.1 ETH what is affordable to everyone. |
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Hello. Really like your project, i wonder, will there be a minimum payout in it?
As our goal is to distribute tokens to millenials and enable as much as possible people worldwide to benefit on using the platform in terms of proving their skills and get hired with the first blockchain-based trust protocol for global employability - the minimum investment will be 0.1 ETH what is affordable to everyone. |
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I want to ask about the ECTA , are they officially approved by the laws of the country? Is their use legal?
Yes, we are officially approved as well as endorsed by the ministry of technology as one of the very few ICO's organized by the legal entity called Distributive Collective which stands for "cooperative" |
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And what about the reserve? What will you do with it?
The reserve will be frozen and unfrozen steadily starting from 6 months after successful crowdsale. ECTAnomics concept of our tokens are diligently planed and aligned 100% with the "collective" principles of our cooperative which runs ICO. Tokens for the platform growth will become steadily unfrozen after 6 months and for the team after 24 months |
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And what about the reserve? What will you do with it?
The reserve will be frozen and unfrozen steadily starting from 6 months after successful crowdsale. ECTAnomics concept of our tokens are diligently planed and aligned 100% with the "collective" principles of our cooperative which runs ICO. |
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Will there be nodes and masternodes in your project?
We will create so called ENA (Ecta Network Ambassadors) which will be consisted of the academic institutions whereby each one will act as "trust node" with incentive-driven rules such as confirming KYC, works, authenticity of developers...etc. |
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How do I benefit from choosing your project among other similar ones?
We are the first ico project which is backed by academic and research community. Our protocol will not be made from scratch we have already AI and blockchain components which exist and are used worldwide. Our legal entity is "cooperative" not classic company meaning in case you hold a certain amount of ECTA PAY tokens you beside them also can own a share of the cooperative called "Distributed Collective" and influence decissions of ECTA development with the voting power. Thanks to the above you have a genuine relationship with the project in case you become contributor and help us to scale the protocol worldwide with the crowdsale. Thus, we have shorten the time for the development and for that formed the realistic budget which is bellow an average in ICO market. |
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How ECTA does provide strong solution to the global employability?
The concept, empowered by the proven AI tools, aims to solve the inefficiencies related to the time loss, verification of online profiles, talents discovery (especially in the low-middle income countries) and safe way to conduct business (payment solution with the power of smart contracts).While working on ECTA platform, besides collecting their earnings in ECTA PAY tokens (ERC20) developers are having a unique possibility to earn (mine) ECTA SKILLS non-fungible tokens (ERC721) as a reward for every task completed -which serve as proof of their skills and boosting of reputation among others. AI component of the platform helps companies worldwide to discover and employ these developers in a safe and productive way for both sides. |
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What is their process to establish any startup project?
The solution is very simple but with a multi-level approach. As holder of ECTA PAY tokens you become a member of the platform. We will import your KYC and generate your ECTA profile in partnership with CIVIC. As the second step you describe your idea or the project you want to realize. Afterwards ECTA AI tools connect developers with the complementary skills which are optimal in terms of price, timing, and skills to make your idea come true. You will have on your dashboard a possibility to add new developers (team members) as your project grows and demands additional skills for further realization. This process will enable you to create your (E)fficient (C)ollaboration (T)eam (A)utonomous powerfull unit called ECTA. |
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So it's kind of like a credit score, but for job skills? Employers report in to it?
Yes. Employers will have tool to discover, analyze, compare and best part of it not with a time loss and uncertainty but with the AI engine of ECTA platform which will provide them all those utilities on one place. Yes, developers will mined their ECTA SKILLS tokens like "credit score" and thanks to that become visible and genuine. Alibaba started using reputation scores 20 years ago ECTA aims to do the same just with global employability marketplace!  ECTA Team |
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How much is your soft and hardcap?
Soft Cap 2M / Hard Cap 10M |
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How do they keep complete transparency in their protocol?
ECTA keeps a complete transparency in the protocol with the time-stamped interactions on the blockchain between all users and thanks to AI algorithms which help everyone to drastically cut a time when searching or checking for something. Thus, we have an intuitive driven tools on the protocol which "serve" everyone not just based on their needs but also based on their behavioral patterns! ECTA Team |
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How do they contribute in increasing efficiency?
AI Matchmaking, Fraud Detection, Skill Set Mining (ECTA Non-Fungible Token), Arbitrage Pool, Small Fees, Payment Solution for 2B Unbanked |
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the idea itself is great but i think is field is already saturated. how does compare to projects like umka?
There are many differences and some of them are: ECTA is backed by the team of academics and scientists with the track of achievements. We are not starting from scratch but upgrading existing products already used by parties such as Stanford, Barclays, Harvard, London Stock Exchange, etc. ECTA is focused on the most demanding and best paid skill sets in this century such as AI, IoT and Blockchain. You don't type and search for someone but describe and AI brings you the party with complementary skills. |
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