|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||August 16, 2019|
|End||September 25, 2019|
|Soft cap||$3 000 000|
|Hard cap||$22 500 000|
|Minimum investment||1 ECOSCU|
|Tokens for sale||800000000|
ICO description, Technical Details and Documents
ECOSC is a blockchain-enabled solution for supply chain management designed to satisfy the specific needs of the fossil fuels industry. The startup uses the Ethereum blockchain to develop a platform that affords the opportunity for all actors to efficiently build and monitor the oil & gas supply chain and verify all information needed for the seamless operations within this chain.
To fuel all these processes, ECOSC introduces not one but two tokens compliant with the ERC-20 standard: the utility token named ECOSCU and the security one - ECOSC. The former token is to be distributed among keen investors by the virtue of IEO that will commence in the next several hours.
Like many other blockchain project, ECOSC is registered in the jurisdiction of Malta due to the open-mindedness of the authorities of this island nation towards the innovative tech projects. The official website of ECOSC states that the eponymous company ECOSC PVT Ltd. is registered under the number C90433, with its office located in the town of St. Julians. The company number checks against the data in the Malta Business Registry.
The overarching aim of ECOSC is to bring the human factor in the supply chain management almost to naught through the comprehensive use of the Ethereum smart contracts and digital tokens. This should help to eradicate corruption, excessive handling cost, late deliveries and bring all processes to the almost complete automation. The use of self-executing smart contracts will facilitate the unimpeded financial transactions between all network participants and the unbiased arbitration of disputes.
ECOSC will aid the users in supervising and building the well-performing supply chain across its three major components, the up-stream, which involves the exploration and extraction of oil and gas; the mid-stream that provides for transportation and storage of these products; down-stream that deals with refinement and distribution of oil products.
Thanks to ECOSC, all stakeholders will be able to monitor every single occurrence throughout the supply chain in real-time by means of ECOSC’s mobile and desktop decentralized application, share data (sales contracts, certificates of origin, bills of lading, customs clearances, etc.) in a fully encrypted environment, and pay for the services, as well as trade oil & gas products, using ECOSC tokens.
The token offering of ECOSCU will take place on the Latoken Launchpad and will last until September 29. The project aims for the softcap of $3 million (currently, they have managed to raise 13,3% of that sum) and the hardcap of $22,5 million. The ICO price of 1 ECOSCU is $0.1, including a 25% token bonus for big investors. There is no mention of a minimum investment threshold. ECOSC accepts only Bitcoin and Ethereum. Whitelisting and KYC are mandatory. The United States and China are the only countries on the list of restricted areas.
* Crypto Rating accepts no liability for any errors in the ECOSC ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||59.2%||81||$16 874.70||3.65%||1.89%||$324 337 050 706|
|2||ETH||Ethereum predictions||61.6%||79||$1 266.25||6.98%||8.69%||$154 955 601 290|
|3||USDT||Tether predictions||93.6%||1||$0.999728||0.01%||0.07%||$65 344 934 206|
|4||BNB||Binance Coin predictions||68.4%||65||$296.30||-0.06%||8.15%||$47 398 738 411|
|5||USDC||USD Coin predictions||90.8%||1||$0.999939||-0.03%||-0.04%||$43 268 973 600|
|6||BUSD||Binance USD predictions||92.8%||1||$1.000196||0.03%||-0.09%||$22 374 674 909|
|7||XRP||XRP predictions||66%||66||$0.401945||4.59%||6.55%||$20 213 805 129|
|8||DOGE||Dogecoin predictions||57.2%||85||$0.106316||5.04%||30.08%||$14 104 970 590|
|9||ADA||Cardano predictions||60.4%||81||$0.313237||1.61%||-1.08%||$10 787 813 925|
|10||STETH||Lido stETH predictions||96%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||MATIC||Polygon predictions||64.8%||72||$0.859004||3.26%||-0.55%||$7 502 809 463|
|12||DOT||Polkadot predictions||65.6%||67||$5.39||4.32%||-0.09%||$6 145 246 302|
|13||DAI||Dai predictions||91.2%||1||$0.999629||-0.07%||-0.19%||$5 639 262 730|
|14||LTC||Litecoin predictions||66%||74||$78.44||3.69%||-3.79%||$5 626 037 116|
|15||WTRX||Wrapped TRON predictions||66.4%||66||$0.053898||1.37%||5.61%||$5 480 160 672|
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