ESP is a unique project designed to change the world for the better!
ESP is a unique project designed to change the world for the better!
Introduction
Most of the world of cryptocurrency technology such as Bitcoin relies on a form of database with the advantage of being able to track large and secure transaction volumes. The technology used by many digital currencies is Blockchain.
Blockchain is a new technology developed for digital data storage systems. This technology is connected to cryptography and its use itself cannot be separated from bitcoin and cryptocurrency.
Basically, a blockchain is a digital transaction based on its structure, in which individual records called blocks are linked together in a single list known as a chain. Blockchain is also used to record transaction activities carried out with cryptocurrencies.
As the digital universe develops, future cryptocurrencies have become an increasingly attractive proposition in the market. However, cryptocurrencies may not have a traditional banking infrastructure. Some developing countries in the world have even implemented Blockchain-based national currencies, such as Bitcoin. Even the technology is used by several large charity projects to help the unbanked. Blockchain also has the potential to be used outside the scope of digital currencies, and is attracting the interest of many traditional financial institutions for adoption.
What is ESP Coin
ESPcoin is an ecosystem designed for high-demand applications. This project is ready to revolutionize the existing landscape and bring radical improvement.
ESPcoin is a decentralized Ethereum based project with an ERC-20 token: E$P coin. We leverage advanced technology, and blockchain technology in particular, to make supply chains more transparent — and the world a better place.
E$P coins will be used in the education system. The tokens will be a means of payment for the School's services, supply chain payments and student wallet funds - bringing reduced fees with payment processors and Forex fees for international students plus security and convenience for all.
Also E$P Tokens for energy and Solar Ecosystems. The token will be a DeFi initiative to assist in residential and small commercial deployments requiring better compliance and more access to lenders worldwide.
The payment system is the third application for tokens. The use of E$P tokens as a means of payment through the ECR network can ensure a reduction in inflationary pressures, increase price stability and reduce the risk of unhealthy monetary policy by governments. It will also bring security to POS transactions, thereby helping the government to monitor tax evasion. We want to help the modern market in solving problems
The Use Cases of the ESP Project
Energy (Solar)
With the rising need to protect the planet, there is the need to focus our attention on the generation of renewable energy sources. Decentralized finance can be utilized to fund individual contracts to finance renewable energy programs. The smart contract helps ensure compliance on the part of the borrower and initiates pre-set actions when a condition is not met. This approach helps to offer a completely decentralized framework for a decentralized lending and borrowing model to support solar programs. With this in place, multiple renewable energy programs can be funded by large institutions.
Education
Here, the ESP utility token will serve as a means of payment for school services, used for student wallet funds, supply-chain payments. It will be an ecosystem that will connect teachers, students, and parents.The ESP project system can help parents seamlessly pay tuition fees, serve as student information and management systems. Teachers can use it for attendance, track student performance, and also monitor each student’s attitude.
Supply-chain payments
Many developing countries bear the brunt of their government’s poor monetary policies. Some examples of these brunts include inflation and the devaluation of local currencies. ESP project will utilize its utility token as a means of payment through an electronic cash register (ECR) network.This will help to reduce the pressure of inflation and also improve price stability in the supply-chain marketplace.
TokenOur Utility Token E$P is an Ethereum based ERC-20 compliant token. As it is its own Smart Contract we can encapsulate unique functionality that facilitates our Token Economics and business goals. Since the contract once instantiated on the blockchain is immutable, you can fully trust that the project is adhering to the policies set out in our White paper.
Token info
- Ticker: ESP
- Type: Utility-token
- Token standard: ERC20
- Token price in ETH: 1 ESP = 0.000000025 ETH
- Accepted currencies: ETH
- Public sales: Jul 15, 2021 - Jul 31, 2021
- Pre-sale token supply: 50,000,000,000 ESP
- Token supply: 400,000,000,000 ESP
- Total tokens for sale: 50,000,000,000 ESP
- Soft cap: 100,000,000,000 ESP
- Hard cap: 150,000,000,000 ESP
TOKEN ECONOMICS / TOKEN UTILITY Our initial ERC-20 Token on Ethereum is E$P. Max Total Supply: 400 Billion Tokens Pre-public allocation: 50 Billion Tokens (Restricted) Max Total Supply After Burning: 50 Billion Tokens Transaction Tax 1% of Each Transfer, Evenly Split between Token Burn and Random Allocation To Token Holders Transaction Tax is enforced in the Token Smart Contract and verifiable directly on the blockchain. We will be publishing burn totals once the Token is active in June 2021. Buy Back 90% of interest generated by the various platforms will be used to purchase back and burn tokens from the public circulation. Reducing the total supply and increasing the intrinsic value of each Token. Token Data
ESP Project Roadmap June 2021: Launch of E$P Token Public Trading On One Exchange Continued Development of Education Platforms (T2E and Student Information Management System) |
Launch of E$P Token on Secondary Exchange
Launch of E$P Token of Secondary Blockchain
Chain Swapping Gateway Function on Website
Initial Solar Project Launch
August 2021:
Launch of POS Solution with Integrated Supply Chain Crypto Payments
Private Trials of Student Information System
Public Launch of T2E (Educational Content Delivery Platform)
First Token Buy Back & Burn
September 2021:
Add Additional Local Exchanges for E$P Token
Initial Public Launch of SIMS at select Institutions
Token Buy Back & Burn (Will Happen Monthly)
Q1 2022:
Launch of Decentralized CDN
Q2 2022:
Transition to Native E$P Coin
Project Team
MANAGING DIRECTOR
COMPLIANCE & GOVERNMENT
Advisors
PUBLIC MARKETS ADVISOR
EDUCATION BUSINESS ADVISOR
MARKETING ADVISOR
The ESP project’s mission is undoubtedly a good one, but its success will greatly depend on the implementation and execution. Most new blockchain-based projects sound great on paper. However, very few of them go on to become successful after the implementation. For more details about the project, you can check its whitepaper.
For more accurate information please visit the link below:
- Website: https://espcoin.io
- Telegram : https://t.me/espcoin_news
- Facebook : https://www.facebook.com/ESPcoin-110509951269169
- Twitter : https://twitter.com/ESP_coin
- Reddit : https://www.reddit.com/user/ESPcoin
- Linkedin : https://www.linkedin.com/company/74051545
- Github : https://github.com/espcoin
AUTHOR
Bitcointalk Username: jamaah45
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2502762
Telegram Username: @jamaah
ETH Wallet address: 0x7A5df2D8D32b8f8e4FC6BF71D2BDfe69992D1C1B
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