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

[McDoxy1]

Official Telegram channel link: https://t.me/joinchat/AAAAAEIMFhlXqVGYfG1Fzw

[1715361961]

1715361961

[1715361961]

1715361961

[1715361961]

1715361961

[EcoBit Early Adopter]

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[adamvp]

I've joined!
Wish you luck!

[electronicash]

how much ecobit is rewarded to someone who promoted his affiliate link and made users to participate on the ICO? just wondering though. if a webmaster finds out he may be able to monetize this project for 60 days whil also help the ICO collect more funds. there is no option to pay USD?

[Zylon]

I am just a crypto-beginner, but is the price of 3000 satoshi not quit expensive according to an amount of 8,888,888,888 units?
NEM has the same amount but the price is about 1700 satoshi,  2 years after launch!!

[uziz8doh]

How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company

so maybe after that above 2 years, they will close down? no?

To clarify:
- The state government (i.e. Kelantan) has an agreement with the company, Climate Protectors Sdn Bhd, in which there is a 30-year concession over which the company has certain obligations (e.g. managing the 360,000 hectares/1 mil acres of forested reserves, performing a carbon audit).
- In return for fulfillment of those obligations, the company derives certain benefits, specifically profit-sharing related to the carbon credits sale.
- The profit sharing is in the ratio of 55% to the state government and 45% to the company.
- The company (Climate Protectors Sdn Bhd) is the promoter of the EcoBit programme.

30-year concession but contract ends in 2 years. maybe kelantang governemt won't renew your contract and you all run away with our funds. smells funny yes?

[EcoBit_Official]

How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company




Sorry for the late reply as we are not full time in crypto scene.

The concession is 30 years but first two years is the verification and validation process, which is to determined the total carbon trading/offset.

so maybe after that above 2 years, they will close down? no?

[cryptoking619]

How Can We clam 4% bonus in the 1st 10 days?

[jelin1984]

that s sound great


i will buy some

[EcoBit_Official]

How Can We clam 4% bonus in the 1st 10 days?

Scenario example.

First 10 days, the price is fixed at $ 0.03 .

Then every 1 day , the price will increased by 1% for next 50%.

Hence those who participate for the first 10 days will be $0.03 (100%) and on last 60 days will be $ 0.45 (150%).

From the scenario above, you can see the Early Adopters within 10 days will be cheaper by 50%.


If you use affiliate link, you get extra 5% from the system.

Please Note: Confirmation is a bit slow, please expect about 30 to 60 minutes to show up EcoBit on the blockchain.

[Bfljosh]

Dear OP,

Can you post the social media profiles of the team members because I do not believe they are in your team.

[Bfljosh]

Can you also link to green projects. I am not convinced.  

[EcoBit_Official]

interesting ICO using the NEM platform!

How exactly will the million acres generate revenue?

Agree with some of the others are saying.  Most ICOs have some pre-announcements leading up to the ICO start date.  This gives users time to do due diligence and research proper. 

Appears you guys launched right out the gate ...

'EcoBit Early Adopter' are you an official team member?

Also, since you're running the NEM blockchain, don't see an option to invest using XEM?

How exactly will the million acres generate revenue? Please see the video on RMIT about Carbon Trading/ Offset.

Agree with some of the others are saying.  Most ICOs have some pre-announcements leading up to the ICO start date.  This gives users time to do due diligence and research proper.    

Most ICO doesn't have real world projects, and they are just pitching for ideas, clones and etc. We are dealing with real world project and state government too. Our focus will be on the projects, and not creating our own coins and etc. We are just attaching a value to an asset using NEM Blockchain.

'EcoBit Early Adopter' are you an official team member?

He is a respectable Finance industry player but his job doesn't allow him to join the team. He is also a friend for more than 6 years with the team members.

[Bfljosh]

Dev answer my questions please.

[EcoBit_Official]

Dear OP,

Can you post the social media profiles of the team members because I do not believe they are in your team.

All of them can be seen in our events and video. Please check it out.

[Josepino]

I have just read this project but I see many many coins (8,8 billions) are possible for ICO supply. it seems this coin is created much more than NEM supply total and this fact will make this ecobit to decrease its value in the future.

[Bfljosh]

Dear OP,

Can you post the social media profiles of the team members because I do not believe they are in your team.

All of them can be seen in our events and video. Please check it out.

Give their social media profiles please. I can rent a speaker for a few bucks.

When they are serious they should not have any problem to share their profiles.  

Also give me concrete examples + links to your "green projects"

[greentea]

is there a minimum amount that needs to be raised, it seems the first 'goal' is 5000btc for the Carbon Credit/offset?

This is huge amount.  What will happen if you raise only a few hundred BTC and fall short of the first milestone?

[EcoBit_Official]

Dev answer my questions please.

Please take note, we are not crypto fanatics and we are more focus to doing projects and work.


We will try to answer any question that is not in the FAQs and we will try to answer within few hours to maximum of 24 hours. Please be patient.

[coin-investor]

is there a minimum amount that needs to be raised, it seems the first 'goal' is 5000btc for the Carbon Credit/offset?

This is huge amount.  What will happen if you raise only a few hundred BTC and fall short of the first milestone?

This is a good question,the ico start without marketing effort unlike the other newly launched coin that launch social media marketing to create awareness to potential investors,they should launch social media awareness and signature campaign .