[ANN] ECOBIT : WORLD'S FIRST-EVER GREEN PROJECT ICO (BASED ON NEM BLOCKCHAIN)

[EcoBit Early Adopter]

Care about the next generation? Want to make a couple of bucks at the same time?

INTRODUCING THE

ECOBIT ICO: WORLD'S FIRST-EVER GREEN PROJECT ICO

NOW YOU CAN PARTICIPATE FOR A GREENER FUTURE

BASED ON NEM BLOCKCHAIN

NOTE: The ICO is now closed.

What does EcoBit do?
- EcoBit's funds are used to participate in green-related projects (see below).
- The returns from the projects are reinvested in developing more green projects, which benefit the communities and token holders, plus provides an income stream to token holders.

Based on the funds raised in the ICO, Ecobit will be pursuing the following projects initially:

• Spirulina Farm
• Aquaponic Farm

EcoBit's underlying technology is based on the NEM platform.

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[EcoBit Early Adopter]

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. 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.

Note: Not all projects will take place. This depends on the total funds raised in the ICO.

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. 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?
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 

[kurniajim]

Reserved
If you want translate to indonesian language
I am ready

[Coin_trader]

wow! a coin that supports the greener future for a better body health, but did you have some farms or have a partnership with those growing that greener plants that you have said to be supported by this project?

[anehh]

How much total token will be distributed for crowdsale?

[EcoBit Early Adopter]

How much total token will be distributed for crowdsale?

Hi anehh, thanks for the question. According to the team, they have capped it to 8,888,888,888 tokens.

[EcoBit Early Adopter]

wow! a coin that supports the greener future for a better body health, but did you have some farms or have a partnership with those growing that greener plants that you have said to be supported by this project?

Hi Coin_Trader, for Phase 1, according to the team, they have started implementing a carbon credits project. Here is a link:
https://climateprotector.org/news/ This is a 30-year concession over a million acres.

[republicrypto]

early adopter must signup with your link,, but its seem signup link is some kind of refferal link ?
would you like to explain me about that ?
i think its funny,, 

[McDoxy1]

This thread is linked on their website in the footer so the referral link is legit.

This looks like a really awesome project! I will definitely invest, but I am still waiting for a XEM payment option.

[andrejka]

1. Will there be a bounty campaign?
2. I'm ready to translate into russian if you need to [reserved].

[McDoxy1]

Could you go into more detail how the revenue stream with carbon emission trading works and what the projected profits are for investors?

[Jalum]

I won't invest in this project looks a little too much of a scam. If you're wanting to already start a farming and Hotel thing then you must already have the money to do so, or are you just trying to make stuff up in order to get people to invest in this project?
If you do have the money then why would you need an ICO? Just Ninja Launch this and lets get straight to business...unless you aren't that serious.

[McDoxy1]

I won't invest in this project looks a little too much of a scam. If you're wanting to already start a farming and Hotel thing then you must already have the money to do so, or are you just trying to make stuff up in order to get people to invest in this project?
If you do have the money then why would you need an ICO? Just Ninja Launch this and lets get straight to business...unless you aren't that serious.

Those things will only happen if they reach a certain funding milestone ... they are not saying they will build an hotel right away. The first funding goal is 5k BTC which will be used for the Carbon Credit/Offset

[ololajulo]

Projects are now getting many. Now we need to think about the success of ICO and integrity of the project before we ask of the bounty package.  Give us more to prove u can convince people to put their hard earn money in your project

[wgd]

Will the project see the signature campaign? 

[TheTruthIsOutThere]

We already have a perfectly good "green" coin

https://bitcointalk.org/index.php?topic=1272091.0

don't need a bloody ICO.

 

Carbon Credits are massive scams as well....

[Ryan Dugan]

Farms and coconut plantations ? Are you being serious ? Will you supply pictures of the progress as it goes.
If you can start some farms you most certainly will get support because people will see something under continuous development and want to find out more. Very curious.

[McDoxy1]

I have a couple of questions about this:

So you are saying that 1 ecobit is about 0.03 USD. And the total limit of supply is 8,888,888,888.
Does that mean that only the amount of ecobits will be issued that were actually bought by investors? And that there is a limit to how many can be issued?
OR... that 8,888,888,888 will definitely be issued, no matter what?
That's an important detail that determines your valuation.

Also, could you give some more detail about your business model, revenue streams etc?

Are you just marketing this ICO to the crypto community or are you marketing this ICO to the general public as well?

Your first funding goal says "Carbon Credit/Offset 5000 BTC". Could you explain what this is, how this will work exactly, and what that means for investors. Also could you explain why you need 5000 BTC for that?
I read in news articles that 55% of your carbon trading profits will go to the state government and 45% to your company (Climate Protectors). How much of that profit will be given to investors?

Could you also provide us with an in-depth explanation of your revenue sharing programme for investors? Not only for carbon trading, but future projects as well?

[EcoBit Early Adopter]

I have a couple of questions about this:

So you are saying that 1 ecobit is about 0.03 USD. And the total limit of supply is 8,888,888,888.
Does that mean that only the amount of ecobits will be issued that were actually bought by investors? And that there is a limit to how many can be issued?
OR... that 8,888,888,888 will definitely be issued, no matter what?
That's an important detail that determines your valuation.

Also, could you give some more detail about your business model, revenue streams etc?

Are you just marketing this ICO to the crypto community or are you marketing this ICO to the general public as well?

Your first funding goal says "Carbon Credit/Offset 5000 BTC". Could you explain what this is, how this will work exactly, and what that means for investors. Also could you explain why you need 5000 BTC for that?
I read in news articles that 55% of your carbon trading profits will go to the state government and 45% to your company (Climate Protectors). How much of that profit will be given to investors?

Could you also provide us with an in-depth explanation of your revenue sharing programme for investors? Not only for carbon trading, but future projects as well?

Answers from the team enclosed:

(1) As with most IPOs, only 10% to 20% will be issued to the public. Total issued will still be 8,888,888,888 EcoBit, nothing more and nothing less.

The team will hold the balance of the EcoBit internally. Like other projects, they will practice a good "Code of Conduct" e.g. advance announcements if the team intends to use any significant % of the retained funds.

(2) Projects under EcoBit:

Aquaponics and Spirulina.  The weekly benefit will be given free to local people first and the extra will be sold. The nett profit will be then used to buy back EcoBit.

[CryptoCoinNews]

how much total suply ecobit coin
youre open ico selling without escrow and without promotion dev(bounty campaign, signature campaign, facebook campaign and twitter campaign)