[ANN](May 25th) Encrypted Dollar Coin aka EDollarCoin or EDollar Coin (ECD)

[edollarcoin]

I am sure at this point you know what a Cryptocurrency is, If you have no clue about it, Crypto Currencies are basically financial assets that are usually based on a technology called "Blockchain" which basically uses computational energy to tell where the funds are and who is holding them (Decenteralized systems do not show the identity of the people involved).

The currencies are either stored in Encrypted personal wallets or cold storage servers owned by the operators of that particular currency or one of the many internet wallet providers.

The most famous and the main cryptocurrency that actually brought this concept to the market is Bitcoin.

But due to its very old tech system and nonscalable properties, many other options are taking the marketshare and capturing the attention of the press.

The market is very saturated with a ton of options that have slightly different advantages over each other.

Meanwhile there is another contender that not only has better tech compared to bitcoin and other currencies, it also focuses on the problems created by the present mainstream financial industry and is trying to bring change for the good.

What is the Cryptocurrency that is focusing on real issues and could be something that will change the whole market overall?

Encrypted Dollar Coin or E-Dollar Coin or ECD is a new cryptocurrency that is trying to revolutionize the whole financial industry with its extremely speedy No transaction fees encrypted currency system. The main goal is to bring back barter system but way more advanced and convenient.Back when people used to trade material or goods for other goods or materials, they had no transaction fees or extra charges. It was fair old business.But things started to change when banks started getting involved and started fees for transactions, exchange rates and inflation. The only people benefiting from this whole system were banks and no one else.This is why EDollarCoin came into existence, It is to bring back the power into the hands of people. You could make transactions with each other instantly at no fees no matter where you are in the world, with all the privacy you could wish for as it is decentralized and anonymous.

edollarcoin / Via edollarcoin.com

Encrypted Dollar Coin or E-Dollar Coin or ECD is a new cryptocurrency that is trying to revolutionize the whole financial industry with its extremely speedy No transaction fees encrypted currency system. The main goal is to bring back barter system but way more advanced and convenient.

Back when people used to trade material or goods for other goods or materials, they had no transaction fees or extra charges. It was fair old business.

But things started to change when banks started getting involved and started fees for transactions, exchange rates and inflation. The only people benefiting from this whole system were banks and no one else.

This is why EDollarCoin came into existence, It is to bring back the power into the hands of people. You could make transactions with each other instantly at no fees no matter where you are in the world, with all the privacy you could wish for as it is decentralized and anonymous.

edollarcoin / Via edollarcoin.com

How do I be a part of this system? and what are the benefits of being an early member?

Right now ECD is being sold as a Pre-ICO token, meaning you could buy the coins at a fixed rate till it launches and then you could start having transactions or even sell the coins as it is estimated that the rates could go up by upto 10 times.

But to be a part of this particular system you will need to get invited by someone who already is in it.

If you are lucky enough to get yourself a code, you could jump right in and buy as many encrypted dollar coins as you would want at a very nominal fees.

Also as the system is an invite only system, you would be given your own code and you could start inviting other people to join this futuristic network and earn some revenue for the referrals you have made.

To get your own referral codes, try to contact edollarcoin support via their social media accounts.

I got mine from their instagram account.

https://www.facebook.com/edollarcoin/

https://www.instagram.com/edollarcoin/

https://twitter.com/edollarcoin

Once you get your referral code, head over to edollarcoin.com and get your own position on it.


Encrypted Dollar Coin or EDollar Coin (ECD) is a cryptocurrency firm focusing on bringing an advanced currency that is going to be used in every field letting users trade or buy or sell without having to pay any transaction fees at lightning speed while staying anonymous.

Encrypted Dollar Coin is completely a non profit organization when it comes to selling the coins, the only way ECD will be generating revenue is by partnering up with other organisations that will support and encourage the trade and use of ECDs, which is basically when ECD will begin Phase 2 and Phase 3.

The roadmap for Encrypted Dollar Coin is as shown below (Also Check the image for better understanding)
 
The plan is set to be in 3 parts, or phases
1: Phase 1 : Pre Sale
2: Phase 2: ICO
3: Phase 3: Future

Phase 1: Pre Sale
Pre Sale stage is the first stage of the currency’s plan to advance into the market,
During this stage users are needed to have a referral code or an invite code to join the system,
Once the users have joined the network, they will be given a referral code of their own to invite the other members.
In this stage, the users essentially can buy as many ECDs as they would want at a fixed rate and can create their own networks to which they could invite other users earning them bounty ECDs that they can withdraw as USD if they would want.
Although the wallets are encrypted, the users will not be able to trade ECDs amongst each other till the Phase 2 begins.

Phase 2: ICO
ICO stage is when the users can start the ECDs they have earned or bought to trade with each other, sell or buy goods and services. By the time Phase 2 commences, ECD will partner up with many well renowned firms in Entertainment, Media, Business, Educational, Health, Clothing, Dining, Shopping, Grocery Fields. Users will have the freedom to use ECDs instead of their regular currencies, turning the society cashless.
Users will also be able to send ECDs to each other anywhere in the world at no transaction fees instantaneously while remaining anonymous, as all the transactions will be anonymous.
However when Phase 2 starts, the referral system and withdrawal of USDs will end.

Phase 3: Future
Future stage is when the users can use their ECDs to invest in firms in exchange for stocks, Users can start generating revenue by their investments, helping everyone have extra income while being part of an ecosystem that is convenient in every way.
Users have full access to the details of their investments, and users get to pick what businesses they want to invest in, Many startups will be supported by ECD investors.

https://imageshack.com/a/img922/4774/4SmjKk.png

[RickyCardero]

will you add more information about project?
and can you show us more specifically information about tokens and how many people working on your platform?

[edollarcoin]

will you add more information about project?
and can you show us more specifically information about tokens and how many people working on your platform?

Currently we are at a pre sale level
selling 1 ECD for 1 USD each

We call this the Phase 1
Users can sign up using the referral code they get from their peers
and then they may invite their peers with the invite codes they get
and every person that joins, they get 33% of the investment and get 16% when the person they invited invites someone else, this goes upto 6 levels.
We would give you one of our referral codes if you are interested
"EDC397"

Phase 2
Users can start doing transactions with each other.
We will also partner up with many other firms in clothing, media, finance and entertainment industries allowing users to spend their ECDs on their products.
As our transactions are completely free, we will have a very great impact on the market.

Phase 3
Users can start investing their ECDs into companies to buy shares and stocks which will grow their income even more, our plans to fund startup projects and invest in reputed firms.

by the time we reach Phase 3 it will be 2020.

here are some of our social network links:
https://twitter.com/edollarcoin
https://www.facebook.com/edollarcoin/
https://www.instagram.com/edollarcoin/
https://www.reddit.com/user/edollarcoin
https://edollarcoin.tumblr.com/
https://www.pinterest.com/edollarcoin/

[edollarcoin]

What is decentralization? And how is it helpful for the empowerment of the civilians?
Imagine being part of a communist government where all your revenue and income is taken by the government and distributed amongst the others or in some cases the government is so corrupted that they would keep all of that money to themselves. That is the best way to describe a central system but imagine a shift in power, where the civilians get to see everything and select and pass laws or solutions to problems, now that, my friends, is called a Decentralized system and there is nothing more fair than a decentralized.

We are lucky we skipped through all those unfair hardships and landed on this planet where most of the world is democratic. While some might argue that democracy is perfect, we have a lot of flaws in every system, corruption being a major one (humans and their greed).

The only way to fix corruption is by bringing decentralization to every system, thanks to our advancements in technology, there is something called blockchain which helps us intensely in converting any system out there to a decentralized one.

Right now the most corrupted environments are financial industries, we are all somehow involved in a huge scam directly sometimes indirectly, This scam we call “Banks”. First it began to help us store our wealth conveniently and made our transactions easier just by exchanging a slip that would give the others entitlement to the wealth we have stored in the banks. Ever since banks have gained such vast amount of power over people, they started dictating the rules which the governments are forced to comply on, as governments are usually bailed out or funded by these banks. Problems such as inflation and unexplainable transaction rates or exchange rates have always been on the rise. The only systems benefitting from this scam are the bankers and some government employees.

This is the field that is the first that requires a major change, decentralization of this system can be a major breakthrough in bringing justice to the civilians which will in turn help in advancement of the human race as well as end most wars.

The solution was proposed by someone by the name of Satoshi Nakamoto when he introduced Bitcoin to the world, a payment system that allows for anonymous transactions while all of it being decentralized and processed by regular civilians. However it had a lot of problems when it came to scalability and the transaction rates started becoming absurdly high and the blockchain processing time gets slower and slower as more and more people join the system.

Lucky for us, there are a ton of other companies trying to fix those issues and launching many solutions on a daily basis, one of them goes by the name of Encrypted Dollar Coin or EDollarCoin with the ticker ECD. ECD has probably fixed majority of the problems in the major Blockchain based currencies also known as Crypto Currencies.

While maintaining the anonymity, encrypted dollars have the fastest transaction speeds when compared to major currencies and banking systems. The best part is the transactions are done for free at literally no costs. The company’s team has intentions of bringing the barter system back with technological advancements and convenience, cutting off the middle men like banks and brokers, etc. The main intention for the launch of Encrypted Dollar Coin is to bring the power back into the hands of civilians, No one to control or dictate the decisions made by individuals involved in a trade or a deal. Encrypted Dollar Coin is a non profit organization that is going to generate revenue by partnerships and promotion of businesses.

The company has further plans of building blockchains that could help bring decentralization to other regions of the society.

Freedom for all.

[edollarcoin]

Usually solutions are proposed when problems or inconveniences are observed, So for any idea to erupt from the ground something must have sparked it.

#Encrypted #Dollar #Coin also known as #EDollarCoin or #ECD is a financial firm with main aim to revolutionize the financial industry and empower the civilians, the people who actually matter.

What must have been the problem in a perfectly seeming market with “no flaws”, “the world of fiat currency” aka the “paper money” which is also backed by the governments. If governments are backing something, it must be legit right? WRONG! For sure not all can be legit. Sometimes you get into a situation and you just try to fix the problem temporarily with whatever you have and adjust, that is what government does too, we are only human after all.

Now governments found this fiat money system to be advantageous and advanced compared to the system people were following previously, so this system was embraced. Now due to it being accepted globally, the people in control started abusing their power and that is how we end up in this society where banks control the civilians and everything the civilians do has to be somehow approved by the banks directly or indirectly. And this, is a problem, that is where Encrypted Dollar Coin steps in.

Encrypted Dollar Coin focuses on bringing a system where people can have full control over their funds, what they can trade, buy, sell, or do anything with their funds without being questioned by anyone or be charged by anyone for having them use their system.

It is basically a payment system that lets users send money to each other no matter where they are, no matter how much they are sending, no matter to whom they are sending, it is all done at no costs with no waiting time, anonymously and with extreme security.

Encrypted Dollar Coin is a firm and firms need to generate revenue, why would they be doing such an awesome service at their own costs, right?

Well, Encrypted Dollar Coin is a 3 phase project for now, as seen previously in the roadmap article,

ECD is a non profit organization until it partners up with other companies that will start trading and buying ECDs from the users in phase 2. A lot of companies have already signed deals with Encrypted Dollar Coin team and are waiting for phase 2 to be launched.

Phase 1 is when most of the exclusively invited users can start generating extra money by inviting people, and can buy ECDs at a very cheap fixed rate which is nominal.

Phase 2 is when users can start trading, and getting services and goods using their ECDs

The prices will start going up as the coins are limited in number, and the demand will increase as the technology is superior to other technologies in the market and also the widely acceptability will help in further growth.

Phase 3 is when the users can start using their ECDs to buy stocks of big companies and also invest in startups. Users will be able to exchange their stocks with ECDs at any time, making it easy for anyone to invest into companies and generate revenue.

The problem of unfair oppression of banks led to a revolution that is going to take the ship of finance to a whole new direction which will only empower the civilians of the world, #unity is what #Encrypteddollarcoin stands for.

Share this movement and help the society get better than what it could have ever been, contribution of each citizen is vital for anything to succeed.

Join edollarcoin.com

Use the referral code edc397

You deserve it.

[dddudidd]

a new system revolution is desperately needed, but this new project should have more privileges, in order to attract investors. roughly what becomes interesting your project with other projects

[edollarcoin]

Encrypted Dollar Coin will be operating in 3 phases as planned at the moment.

Phase 1 being a marketing scheme which is essentially generating revenue for the people for every person they invite and have a new stream of income by being able to collect the revenue that is generated by the people who are invited by the people they have invited upto 6 levels, It is a multi level marketing strategy also known as network marketing. During Phase 1 the company will be completely non profit, as the funds will be used fully to generate revenue for the users, the reason why this strategy is used is because this spreads awareness of the platform to as many people as possible without having to spend a lot of money in advertising.

Phase 2 is when Encrypted Dollar Coin starts generating revenue. ECD will partner up with firms that will enable the users to use their Encrypted Dollar Coins to buy services, products, etc. As there will not be any transaction fees, the only way Encrypted Dollar Coin will start collecting revenue is by showing the user base to the companies and sending users to their businesses essentially boosting their business, from which the companies will give a percentage to ECD.

During Phase 3 Encrypted Dollar Coin will partner up with Stock Brokerage firms, Stock Markets, Venture Capitalists and Startups, and encourage users to buy stocks using the ECDs they have.
Users will be able to multiply their investments and be able to withdraw their funds at any given time with no restrictions at the same time Encrypted Dollar Coin will have a percentage from the stock bought by the user.

Basically the main goal is to empower the users, make them financially independent and prepare them for the future projects that Encrypted Dollar Coin will participate in, Overall boosting the growth of the civilization.

[edollarcoin]

Have you ever been approached by your friend or someone you do not know trying to get close to you all of sudden showing a great interest in you, This could mean two things
They think you are attractive and they want to be in your company or they are probably trying to sell you a product. I know, I know, we have all been there. I have never been approached by such an aesthetically pleasing woman for my physical appearance YET. Anyway you have been approached by this individual and they want you to listen to them as they speak of this product.
Now depending on what the product is, you could or could not be interested but you might start getting yourself into it as it comes with a membership based plan that could generate a new stream of income.
Boom! You are in it now, you have purchased the product and now you have the responsibility of selling the product to someone else or else you will not be able to get your money back and will have to end up using the product on yourself (trust me, many of these products were as useless as a litter box designed for dogs).

Why do companies use such strategies? Do people really benefit from them or are the companies the only ones benefiting?
Firstly the companies use this strategies to save up their funding on marketing, they could be focused more on the production of the products rather than posting huge ads on billboards but failing to deliver the products on time. Companies that use this strategy are usually startups or companies that are crowdfunded (for people to people), They focus on building a great product without spending much on advertising, in most cases the prices of the products are way cheaper than their competition who focus more on spending their funds on huge banner ads.
Now people do benefit from promoting such firms as they are getting superior products for very cost effective rates (Look at OnePlus phones)
But in many cases multi level marketing does not focus on benefitting people and it is more about the company getting more sales, these companies like to use the term “Direct Sales”. They force users to take useless overpriced products and sell them to other users and get revenue by invitations and it could be super hard for many people as these products are low quality and they are poorly made as most of the funds generated are just to be revolving around the users who are in the chain.
So the idea is to look for products or services that are actually used and required by people with benefits that come along with multi level marketing, that is revenue generated by inviting people.
When it comes to having such services, one must see if they will have value even if they fail to invite others to the system and only then join it.

There are some non profit platforms such as Encrypted Dollar Coin that use Multi Level Marketing Strategy to reach out to as many people as possible helping people make money during their first phase, The company remains as non profit organisation during the phase until it ends and then Encrypted Dollar Coins start generating revenue from big companies by the help of the loyal user base who have already made their profits by joining ECD during phase 1.
The user is safe as he/she could withdraw his funds at anytime and liquidating his investment. Such business models help companies grow very fast as well as get a lot of support and gain a fan following as they emphasize on empowering the common man more than having control over them like most other organizations do.

[edollarcoin]

These are some preferable traits that could actually help us stay cooperative with any upcoming technology, the most important thing is to stay open minded and look at things with an open mind and from an unbiased perspective, accepting the technologies because they will have to take sooner or later and encouraging the government to support and embrace such technologies as  they are only here to make our lives better.

Technologies to look out for:
#Internet of #things, #Cashless society (#Cryptocurrencies like #Encrypted #Dollar #Coin & IOTA), Self Driving cars, Fully automated systems.

Most of these technologies will help us advance even faster IF used right, and also they will contribute a lot to us being extremely lazy and unhealthy. The second thing after learning how to accept the technologies is to realize their advantages and disadvantages, using which we will try to use law enforcements to keep things under control. Sometimes law can not force you to do something like “staying fit”, that is something only we can convince ourselves to do.

Now that we have technology doing most of our work, we can focus on more important ideas, and things that will help us grow even faster. We could be focusing on more tasks that would require our input than automation. Like discovering, thinking, inventing, etc.

One of the best things to be doing when we have such advanced technologies supporting us is investing in startups and companies as there will be so many of them, and there will be high chances of seeing many succeed, your stocks could just shoot up by ten times.
So invest, save, wait and then enjoy.

[edollarcoin]

What the world could be like in 10 years from now

I know that most people reading this are mostly from the financial field, but I will be giving you more than just finance.

The North korean leader Kim Jong Un marks history by having talks with South Korea, Bitcoin’s rate hits 20K USD mark before stabilizing at around 8K USD, A ton of animals went extinct and some have been saved from being endangered, and so much more has been happening lately.

Things that we have not predicted in history but still took place surprising everyone with fixed mindsets.

So while most of these predictions will sound unrealistic or illogical, we human beings have something called “emotions”, so logic does not always apply to the actions we take. Future is very hard to predict because of this one reason but let us continue with the assumption that our emotions will be overridden with logic.

Let us begin with the financial market, Governments will be forced to accept Cryptocurrencies and certain major cryptocurrencies will take over the whole market making the whole market go cashless, Banks might have to find new solutions to generate revenues or most will partner up with upcoming cryptocurrencies focusing on actually getting a better market share by pleasing the people like they were always supposed to. Currencies like Ripple will have major banks on its side and would make banks deal with the customers in ripples to get loans and other banking services while Currencies like IOTA will focus on Internet of Things on generating revenue and currencies like the Encrypted Dollar Coin will be used by most users as an internationally accepted currency to send, recieve or trade goods and services with each other as it has no transaction fees and it is one of the fastest transaction currencies, also helping them make extra revenue by bringing the convenience of investing in stock market to most people in the world no matter what background they come from.

Our Computers and phones and houses will adjust things and do things for us without us having to do the usual tasks like “switching the light on” and all those “subconsiously routinary” stuff,

While it might help us get extra time, we might start being more dependent on such facilities and also losing the sense of how to use certain things as we would expect them to do it for us.

Although that might help us tremendously in focusing on other things that could boost our advancement into the future.

Our infrastructure would focus more on automated public transport facilities, we would not need cars or private vehicles to commute, This might encourage people to do more walking and the future will see most people being fit than unfit, while our foods might get transformed into faster foods that give us the required nutrients in a few bites but with lesser time spent in cooking.

High chances of food being more about lab grown than organically grown.

We might render many animal species extinct, due to our growth and infrastructure. The animals that can learn to survive in such atmosphere will adapt to their new surroundings while the others just slowly start dying.

We will find cure to many diseases but also have many new diseases discovered or in some cases created. Some diseases will start spreading very fast, taking many lives in some of the most populated regions in the world.

Many countries and regions will have civil wars, many monarchies will come to an end, having democracy dominating the nations worldwide. A new form of democracy will be introduced and accepted by many nations.

Investments and plans are made purely on speculation, people will start going to space at cheaper costs. Trading will be made easier with interspace minerals, we will have our first set of trillionaires.

While all of these things have chances of happening, do not base your life on these predictions. This is just what I feel might happen and it is more for entertainment and educational purposes.

What do you think might happen in the future? Comment your opinions below!

[edollarcoin]

Investing is nothing but funding a company or a project, in exchange for a share or equity of the company. When you lend someone money, it's called lending or loaning, you could be getting what you have given this person or a company back or sometimes with interest.

Lending and investment are completely different, when you invest in a company, you are taking equal amounts of risk just like the people working for the company. When the company takes hit you take a hit as well, but when it makes profit, you could be getting upto 10000 times or even more of your initial investment back. This is where the lending or loaning differs from investing, your risk is low and your revenue is low as well, classic.

Why should one invest? Investments are a relatively easier way to make money when compared to most other jobs. It involves less work but does require a lot of keeping yourself educated with business news and politics.

Since recent times a new type of systems have come up that make it very easy for anyone to invest in the firms they support, and also in businesses and projects that have been profitable for many other individuals. Back in old times, investing in commodities meant buying and stocking them till the prices shoot up and then you sell and keep the profit.

Nowadays you have brokers and you get to be "stockholder" so you don't necessarily have to hold any material. That being said, there's a new commodity system that is attracting more attention than ever. Something that goes by the name of cryptocurrencies, a trend started by Bitcoin. People who have invested back in 2008, have bought bitcoins at the rate of under 1 USD saw a return of upto 20,000 times on each bitcoin they've bought. Turned a lot of early investors into Multi millionaires. This lead to a new wave of cryptocurrencies, and this turned a lot of young investors very wealthy.

One of these cryptocurrencies with very high potential of being the next Bitcoin, it goes by the name Encrypted Dollar Coin, the company behind is focused on generating revenue for people acting as a non profit organization but is planning to generate revenue by having a big user base and connecting with companies, increasing the demand of the coins increases overall bringing the price of each coin up. Such investments can be quite profitable, the business plan of Encrypted Dollar Coin also comes with a marketing strategy that helps the users contribute to the platform and make it grow. The idea of “Letting all flowers blossom” is something the founders truly believe in.

Visit edollarcoin.com to learn more about #ECD
#encrypteddollarcoin #encrypteddollar #edollarcoin #edollar