Edgecoin: Educational Digital Coin Payment System

 


Blockchain and Smart Contracts open many doors for new decentralized businesses and eliminate the need for expensive third parties. Many start-ups are currently working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. Apart from that, another major reason why cryptocurrencies are more fashionable is that we know that traditional banks, as modern as they would like to be, have an ancient culture and mentality. Beyond the usual financial instruments, they have only evolved to provide a few online services. Now, with the advent of DeFi (decentralized finance), the world of financial instruments is open, accessible, open and permissionless for anyone with a mobile phone or computer connected to the Internet.

Therefore, many projects are starting to use this new technology. However, not all of them are worth it. We should read carefully what each project is dedicated to, what the whitepaper is, the qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups into launching their own cryptocurrency even without convincing fundamentals. This trend arises because new entrants are more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, the competitiveness and advantages enjoyed by these new entrants may be short-lived, as no economies of scale are taken into account.

Although cryptocurrencies have revolutionized the financial system and digital banking, the education sector remains untouched and needs a stable digital currency that anyone associated with the education sector can trust and use to modernize the market. For this reason, I would like to share with you a new project called Edgecoin ( https://www.edgecoinpay.com/ ), a significant development in educational digital assets based on blockchain technology that allows education-related transactions to be completed at the same speed as the Internet while take full advantage of the educational infrastructure, regulation and stability of traditional financial processes and systems.

What is Edgecoin?

In more detail, Edgecoin ( https://www.edgecoinpay.com/ ) is the first education currency in the world to provide an open payment system for educational institutions where people can make safe, fast and reliable education related transactions through decentralization, a stable and reliable application that will work at Internet speeds while making full use of the educational infrastructure.

How does it work?

Edgecoin will work through a mobile application that must be downloaded to then register and become part of the ecosystem. To participate, customers have to go through KYC which will provide greater security and reliability to the platform.

Once KYC is authorized, users will be able to buy/sell Edgecoins through the app and from any Stellar (XLM) address, the network where the platform's own transactions will be determined.

Finally, purchased Edgecoins can be used in a smart way to push payments to the limit.

List of Benefits

  • Instant transaction
  • Reduce costs
  • The world's first stable education currency
  • Apply Gradecoin automatically while holding Edgecoin
  • Global and secure system

Staking Pool with Gradecoins

The user must connect his wallet via Metamask. Then select the token he wants to deposit in the Edgecoin platform and thus be able to start trading. Once coins are earned (which will be called W-Edge), users will be able to stake imported tokens and be rewarded with Gradecoins automatically. The current main benefit of betting pools within Edgecoin is that it is a very new project that is not yet listed on an exchange, but you can be rewarded for participating in the pool. In addition, because the participation has not been much, the reward % is high, about 34% of Gradecoin.

Tokenomics

Edgecoin ( EDGT ) has a native token called Gradecoin ( GRTC ) which allows intermediate currency settlement between assets and is based on the Stellar network protocol. Gradecoin is a fuel token to exercise control over the resources of the Edgecoin network.

  • Name: Edgecoin
  • Abbreviation: EDGT
  • Token type: Stable coin
  • EDGT Value: 1 USD
  • Supply: 10,000,000,000,000 EDGT

Edgecoin: For a More Diverse Network

Edgecoin also helps us expand the network of underrepresented founders who meet our team. As a starting point, apart from the founders in our network, we are excited to partner with Freada Kapor Klein, founder of the Level Playing Field Institute , and the team at Kapor Capital , to increase access to capital for a wider range of founders. Freada and the Kapor Capital team will be able to use edgecoin to spawn companies started by underrepresented founders, guaranteeing these founders' direct partner encounters with Edge.

Detailed Information:

  • Whitepaper : Edgecoin_WP
  • Facebook : https://www.facebook.com/edgecoinpay
  • Twitter : https://twitter.com/edgecoinpay
  • Telegram : https://t.me/Edgecoin_chat

Author : Amild

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2583828

My ETH Wallet Address : 0xbf00577895715883E63C6694D33dA51b1cDEBDa8

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