ECOSC.io is a platform through which users can trade commodities. Using Blockchain technology will provide decentralized supply chain management, bringing together suppliers and buyers. Users will be able to make cross-border transfers using the provided payment system.
Business Model Overview ECOSC.io (ECOSCU)
1. The validity of income
The project will receive income from the fees charged. Sellers will pay a transaction fee for using the platform. There will also be partnership agreements with insurance companies. Users will be able to receive rewards for activity on the platform.
2. Number of currencies accepted
The number of accepted currencies is represented by 3 liquid currencies: ETH, BTC, LTC (p. 39 White Paper).
3. Token emission
In the project there is a limited number of tokens. A total of 5,000,000,000 ECOSCU tokens will be issued (p. 42 White Paper).
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 65%.
In the technological map provided, the project objectives are indicated until August 2019. After the completion of the ICO, the project authors will allocate funds as follows: 10% - “Marketing”, 50% - “Technological development”, 10% - “Operating expenses”, 10% - “Liquidity”, 10% - “Reserve”, 5% - “Management”, 5% - “Legal expenses”.
6. SOFT CAP / HARD CAP Ratio
The project has a poor SOFT CAP / HARD CAP ratio, which reduces its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 1,000,000 and $ 4,000,000, respectively.
7. MVP availability
The project has developed MVP, which is available at https://www.ecosc.org.
8. Risk assessment and insurance
There are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of losing capital for investors.