We have already said that one of the main differences between the EurBit ecosystem and the ecosystem of the dollar or any other fiat (fiduciary) currency is the beneficiary. Users get no benefit in the dollar ecosystem. Even more than that, they suffer losses by non-equivalently exchanging of their real goods for unbacked pieces of paper or even for numbers on the monitor screen. Only several fraudsters, individuals owned the Fed (the British Royal Family and several of the oldest and largest European and American (mostly Jewish) banking dynasties), receive all the benefits. Everything is exactly the opposite in the EurBit ecosystem. Miners and all other users of EurBit tokens get all the benefits, and the team, that have invented this project, does not get anything. What are the benefits of joining to our ecosystem for projects that have already released their utility tokens, have created their products, and have been working honestly for their customers and investors?
The main benefit is the additional investments in the development of your project in the amount of 50% of the market capitalization of your token. Moreover, these investments do not need to be returned, this is not a loan. Moreover, you do not need to give back the proportion of shares of your project either; this is not a venture investment. Of course, all the benefits described in the previous paragraph (for startups joining to the ecosystem) will be an additional plus to the main benefit.
What will be the process of joining to the ecosystem?
- We conclude an accession contract. Meanwhile, the exchange price of your tokens (market price at the time of the conclusion of the contract) for EurBit tokens (intra-ecosystem price at the time of the conclusion of the contract) is fixed. Also the number of your tokens in circulation is fixed (at the time of the creation of the EurBit project). Tokens issued by your project after the creation of EurBit project are not exchangeable. They need to be destroyed before the exchange.
- You stop trading your tokens on all exchanges (carry out delisting).
- We add your token to our smart contract in the list of burned ones (for 2-3 months). It means that we will temporarily accept your token along with bitcoin and ethereum for mining / emission of EurBit tokens using the Proof-of-Burn method.
- You notify all holders of your tokens that from this moment you will accept the EurBit tokens instead of your ones for payments for all goods or services that you sell or provide on all sites of your project. Moreover, you accept them only at a stable intra-ecosystem price. Users have only 2 months to anonymously exchange their tokens for EurBit tokens on our website and to do it at the price fixed in the contract; plus to get a 5% bonus.
- Your project receives 50% from the market capitalization of the burned tokens (presented for exchanging at the indicated time and at the price fixed in the contract) as a development investment. You do not get all the money right away, but in small portions as you complete your roadmap. Meanwhile, you undertake to do everything necessary for the gradual refusal of the use of all other money in the vital activity of your project (especially fiat and centralized ones) and for the maximum possible switching to the EurBit tokens. It applies to the salaries of your project’s employees, suppliers and other contractors’ settlements, accepting payments for your goods and services from buyers and everything else.
You are welcome to write us for the discussion of any details of a possible cooperation.
