one person with more resources ( hardware or money ) etc would end up accumulating a ton of crypto creating huge concentration. With ecoin however, that’s simply impossible, the only way to acquire new currency is to invite others which distributes the currency far and wide.
This unique distribution model also gives ecoin its greatest advantage – the lowest cost per user acquisition in the crypto industry. While coins like Stellar spend approximately $40 for acquiring one user, ecoin can do it at $0.5 or less, which implies ecoin distribution model is at least 80 times more powerful.
Reach is the most important metric of a crypto’s value, the larger the network the more valuable the network is. As more people join the network, the value of ecoin rises higher and as the value of ecoin goes higher more people join, this becomes a powerful cycle that can grow to billion-plus users in very little time.
Cryptocurrency is a world-changing concept that will give real freedom to people to conduct their financial lives in the manner they chose to, for this reason, cryptocurrency is often hailed as the greatest revolution in modern history. However the adoption of cryptocurrency is pretty slow, and the reason arguably is its distribution model.
The biggest reasons for lack of adoption are these
- expecting people to pay for something they don’t understand or trust is ‘impractical, hence ecoin aims to give its tokens free of cost for everyone with a valid email.
- We make using your first cryptocurrency extremely easy which is very important for mass adoption.
So far all cryptos expect users to either mine with expensive hardware ( like bitcoin) or buy ( like in ICOs) – all of which create huge barriers for adoption.
Ecoin aims to remove these barriers and make cryptocurrency available to everyone with an email which will truly unleash the true potential of cryptocurrency.
Can cryptocurrency stop the war forever ?
Ecoin’s strategy is a revolution in terms of cryptocurrency mass adoption and one thing is 100% certain.