Frequently Asked Questions (FAQs)Also available at
http://www.ecobit.io/WHAT IS ECOBIT?EcoBit is blockchain digital crypto token/coin which is decentralised and 100% transparent.
WHAT IS ECO-CAPITAL/GREEN-CAPITAL?Eco-capital - also known as green capital - is a representation of “nature’s economic value”, a term used for natural living things; natural resources such as forests, water and air; and all natural assets such as the cap and trade system, and carbon trading (putting a price on carbon emission into the atmosphere). Eco-Capital is aimed for use to resolve environmental issues.
WHY PARTICIPATE IN ECOBIT?There’s so many reasons why you should participate in EcoBit. Firstly, EcoBit has a huge potential to deliver exceptionally high returns (REDD+ carbon trading and green sustainable projects). Secondly, investing in EcoBit is also a means to invest in a greener future. Thirdly, as a member of the EcoBit family, you will receive many benefits and perks. Fourthly, EcoBit not only focuses on green economy, but it also focuses on healthy living (Spirulina farm and Aquaponics Farm). Last but not least, EcoBit is on a mission to spread its green initiatives globally by educating people on green and sustainable projects by riding on its one-of- a-kind eco-tourism EcoBit Sanctuary hotel as a green education hub accessible to all EcoBit participants.
WHY DOES ECOBIT(ECO) HAVE A HUGE POTENTIAL?EcoBit has a huge potential because the projects that EcoBit ventures in are mostly undervalued and present enormous potential growth in the first place. In EcoBit Phase 1 is a project involving a 30-year concession of 1-million acre tropical forest from a Malaysian State Government. It consists of a voluntary carbon credit trading in a REDD+ voluntary carbon credit in VCU, hence, buying EcoBit will have a recurring income for 30 years in the carbon market. It is an emerging market that is heavily invested by big companies like Allianz, Zurich Insurance, Microsoft, and etc. Besides returns from the Carbon Market, EcoBit Phase 2 projects consist of sustainable, green and clean projects, which will also bring potential for a long term basis. Two key projects currently targeted are the Spirulina Farm and the Aquaponics Farm. These will contribute in the green economy that is already an extremely trending market that people are focusing on these days. There are also referral bonuses offered for those who recommend EcoBit to other investors.
HOW DOES PARTICIPATING AND SUPPORTING ECOBIT SUPPORT A GREENER FUTURE?All EcoBit projects are sustainable, with green initiatives and are health oriented. Every purchase of EcoBit will contribute to our EcoBit green projects and that will directly reduce the carbon footprint in our atmosphere. Thus, the more EcoBit you own, the greater the contribution you are making for a greener future. EcoBit is available to anyone, from anywhere in the world which creates opportunities for individuals that have the desire to protect mother earth while earning returns.
WHAT ARE THE PERKS AND BENEFITS IF YOU OWN ECOBIT?There are many perks you will receive depending on the amount of EcoBit you have. Some of the perks include free produce and organic products to bring home weekly, free stays at the EcoBit Sanctuary hotel and many others. You can find out more at our main website or by emailing
support@ecobit.io HOW DOES PARTICIPATING IN ECOBIT ALSO MEAN COMMITTING TO HEALTHY LIVING?Phase 2 projects include Spirulina Farming, Aquaponics Farming, Honey Farming, Free Range Organic Chicken and Duck Farms. All these projects will create food and provide health benefits to people. Apart from that, we will be able to create a full blockchain supply chain for all our products. This means you can be assured 100% from where your food originated and you can trace it real-time in blockchain. As an EcoBit owner, you will get free access to all the farms and bring home the produce weekly (*terms and conditions apply). Find out more at our main website or emailing
support@ecobit.io HOW CAN I OWN ECOBIT?There are a few ways to earn EcoBit: Firstly , you can buy EcoBit directly, by signing up for the EcoBit ICO (Initial Coin Offering). Buying EcoBit during ICO presents you the advantage of purchasing EcoBit at its wholesale price. EcoBit ICO is limited to 8,888,888,888 units and with a limited time of 60 days. If you missed the EcoBit ICO at the discounted price, you can only purchase EcoBit via public exchange platform (a free and open market platform where users can buy and sell EcoBit). Please take note that the prices of EcoBit on these public exchange platforms will be higher because this is not the wholesale price that was offered during the ICO. Secondly, you can work part-time or full time on EcoBit projects and teams. You will get paid in EcoBit, which you can use and gain benefits. Thirdly, you can recycle aluminium cans in our “Aluminium Can Recycling Vending Machine” which offers you EcoBits in return for your efforts to help mother nature.
WHAT IS THE ICO PRICE FOR ECOBIT?The ICO price is determined by the time you join the ICO. The approximate price per EcoBit will be 3000 satoshi or 0.00003 BTC for the first ten days from 9th April to 18th April 2017. After that, the price will then increase by 1% each day for the next 50 days. This means the price would have increased by about 4500 satoshi or 0.00004500 BTC per EcoBit after the first 60 days during the ICO period. Those who participate early will enjoy the benefits of more EcoBit. Then it will be free floated to public exchanges such as poloniex, HitBTC, BTC38, Bittrex, bitcoinco.id and more (subject to approval)
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