Introduction
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Despite of this, the problem of scalability and mistrust in the cryptocurrencies of African states have not been resolved, which has diminished the potential of technology in Africa.
For this reason, I want to introduce you Eastads Credits (ECR), a cryptocurrency project that is bringing blockchain payments and pricing options to the African e-commerce market with a 'Hybrid Marketplace' powered by blockchain proposal.
Definition
Eastads credits (https://token.eastads.com.ng/) Eastads Credits is the first traditional market token in Africa. A market profit token used to buy and sell at Eastads Marketplace. In more detail, Eastads Credits is a hybrid market driven by local and cryptographic currencies. For this, Eastads has an online store with an order system and a well-built p2p market. A project of this kind in Africa, which promotes the massive adoption of cryptocurrencies and at the same time introduces a better, faster, easier and more profitable scheme of buying and selling to the trillion-dollar e-commerce industry in Africa.
Hence, Eastads will solve the problems of scalability and trust in cryptocurrencies, which in turn will solidify the thrust of mass adoption. The Eastads project will also bring new money from investors to the cryp-verse as trust issues are resolved.
Goals
The main objective of Eastads credits is to solve scalability and trust problems with a profitable and reliable electronic commerce model backed by blockchain technology.
How it works?
Bascially, the Eastads Project ecosystem is composed into three:
| Feature | Description |
|---|---|
| The African Market | This market will be an A2P and P2P integration with chain payments and price options. |
| Blockchain logistics network | A logistics network to support the Eastads market. |
| Fiat Exchange | A cold portfolio Fiat crypto Exchange for the purchase and direct sale of ECR in a P2P integration. |
Moreover, the platform will launch a Mobile Application with the following characteristics:
| Representation | Features |
|---|---|
 | Live crypto rates Live escrow service EASTADS marketplace Fully Integrated delivery system |
Bounty program
The project gives the opportunity to earn Eastads CreditsTokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=5011753.0), where you can access the link in order to see what are the conditions to become an early ECR contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://token.eastads.com.ng/eastads.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/eastadscredits) or in their ANN thread here (https://bitcointalk.org/index.php?topic=4974113.0). I hope you liked the post and soon I'll send you new ones.
Do not forget to visit their Webpage (https://token.eastads.com.ng/)!
Token details
The ECR Token is a digital token compatible with ERC-20 issued by Eastads Credits and is the official token of the platform. ECR will be the public service market token of The Eastads Marketplace and Services and it will be used as a price and payment option for the sales and shopping lists in Eastads Marketplace.
| Token | Benefits |
|---|---|
 | For the direct trade of p2p in Eastads. As a utility for our exchange of fiat NGN. For the direct payment of products and services. For the payment of our international logistics services. For the activation of the A2P account of the merchants. |
Token: ECR
Platform: Ethereum
Type: ERC-20
Price in ICO: 1 ETH = 200,000 ECR
Tokens for sale: 332,500,000
Contract: 0x99b09a9b9e9c26b3e65d84fcc9a1cd8acb289e25
Token Distribution
Coming soon Events
| Date | Events |
|---|---|
| Q1-Q2 2018 | Technical and strategy development; Marketplace Release; Escrow telegram group; Token Creation. |
| Q3 2018 | ICO & AIRDROP ICO; Airdrop; Exchange Listing; Marketing. |
| Q3-Q4 2018 | Implementation Full implementation of project & growing our marketplace. |
| Q4 2018 | Logistic Launch Launch of Delivery & Logistic Platform. |
| Q1 2019 | NGN Exchange Build our NGN cryptocurrency exchange. |
| Q1 2019 | Mobile App Android and iOS Mobile app release. |
| Q2 2019 | EASTADS Africa Marketplace for Africa powered by blockchain. |
Advisors
Author Details
Email: [email protected]
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
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