EBCH Published their Whitepaper!

eBitcoincash (eBCH) published their whitepaper on 12/17/2017

Extracts

eBitcoincash (Symbol: eBCH) is an ERC20 token which derives its initial inspiration from Bitcoin Cash. At its inception, Bitcoincash was freely distributed to all Bitcoin holders. In keeping with the spirit of Bitcoin Cash, eBCH was also freely distributed, except it was distributed specifically to those interested in the project. The core use of eBCH will be as a utility token for its upcoming community supported cryptocurrency exchange - CoinPulse. The eBCH community token will provide benefits to its holders, such as discounts and referral commissions which are further discussed in this white paper. The official website: https://ebitcoincash.io

CoinPulse is the first cryptocurrency exchange that is completely based around and supported by its community. It will offer eBCH token holders exclusive discounts along with multiple trading options that include instant buy/sell, orders books for different cryptocurrency pairings, and other advanced features. The official website: https://coinpulse.io

Targets

SHORT-TERM
❖   Emphasize on driving strong and stable user growth by promoting active user involvement on various social media channels.
❖   Achieve at least 2% of daily market volume within the first year of its operation.

LONG-TERM
❖   Roll out iPhone and Android applications for trading on smart phones by December 2018.
❖   Acquire at least 10% of the market share by December 2020.
❖   Obtain various licenses all around the world to trade cryptocurrencies against fiat currencies.
❖   Begin to accept credit cards, bank wires & ACH transactions and integrate Paypal payments.

Privileges

Discounted trading fees: eBCH token holders will be eligible for a huge reduction in trading fees when they use the eBCH tokens to pay for any trading fees.

When using the eBCH token, trading fees are reduced by 70%. The amount is automatically calculated and then deducted from your eBCH balance.

This discount is applicable on any trading pair and not just on eBCH trades.

Example: If you are trading in the ETH/BTC pair, you are required to pay 0.1 ETH (0.20%) as transaction fees if you paid the transaction fees in either ETH or BTC, but you will be required to pay only 0.03 ETH (conversion will take place at eBCH/ETH market price) if you pay the transaction fees using eBCH tokens.

Referral Program: When you refer new members, you will receive a commission of 30% of the proceeds from all fees generated from your referrals’ trades. The commission you receive from the referral program will initially be set at a rate of 30%, which will be adjusted in any direction from time to time with an advance notification on the exchange’s website and the exchange’s other channels of communication.

The commission amount will be instantly sent in real-time to your CoinPulse account as your referral completes each trade and will be paid to you in the same type of cryptocurrency the original fee was paid in.

Please click here to read the Whitepaper.