Hi friends, this time I will provide information about a very interesting project for you to know about a new cryptocurrency called ESP Coin. Before going to the discussion, I think we all agree that blockchain technology still needs efforts to encourage adoption so that it continues to grow and continue to develop in the future. So for that, let's look at the brief review of the ESP Coin project below.
INTRODUCTION
Why ESP?
The ESP token has a very good and clear purpose. the impact will be very significant for increasing the effectiveness of the education system by using an ecosystem of technology-based products and services. One of the main problems in developing countries where education services will be launched first is the simple fact that most people don't have bank accounts, but everyone has a smartphone. This is the perfect app for utility tokens.
Over the past 3 years when we discussed the ecosystem with educators and service providers, it was clear that there were a number of challenges that utility tokens could overcome. This ranges from divorcing our services from the credit card/payment processing side, creating a decentralized content delivery network (CDN), and creating closed systems for certain services such as pay-to-view and pay-to-view services.
What is ESP COIN ?
Welcome to ESP. The first reasonable question is what does ESP stand for? Education and Solar Projects. Though the roots of this project centred around Education and Solar Projects, there is more to the story, with a much deeper long term vision. At its heart, currencies are used for making payments. Here is really where our focus remains. ESP has multiple meanings. Education System Payments, Energy & Solar Programs, Electronic Supply-Chain Payments and others. This document will talk about how our vision will create an ecosystem that will support both closed and fully decentralized use cases. Each use case is highly focused where we feel our E$P token provides utility. Our goal is to enable these different use cases with frictionless payments that reduces the overhead of traditional methods in both time, cost and effort. We will not be just another one of those tokens. We look to have an extensive roadmap that leads to a native coin in the future supported by local exchanges for our targeted use cases as well as a more global approach supporting flows between multiple blockchains through provided swap gateways. This is a living breathing document. As we extend our vision and fine tune our execution strategy this document will be updated. We will be guided by the industry, requirements of the ever changing crypto landscape, new technologies & markets with our singular goal of providing utility and value.
The ESP ecosystem comprises of a ERC-20 style utility Token used in both open Decentralized apps and closed vertically oriented systems. The E$P token has planned specific use cases in Education, Energy & Solar as well as more general electronic payment platforms. ESP believes that having targeted, use specific tokens, focuses value and utility while fostering a like minded community ecosystem delivering meaningful results with their products and services and doing something that matters. The ESP project is just the beginning and not just a Token. With a long term vision and roadmap aimed to deliver value, convenience and comfort.
ESP COIN focuses on innovation in Education, Renewable Energy and Decentralized Finance (DeFi). The origins of this project arose from a need in the Education and Solar Energy sectors that initiated the concept of individual ecosystems both of which required a Token Payment solution. Thus, the E$P Project has started. Join our vision and help make a difference in students’ lives, and help save our planet.
Token info
- Ticker: ESP
- Type: Utility-token
- Token standard: ERC20
- Token price in ETH: 1 ESP = 0.000000025 ETH
- Accepted currencies: ETH
- Public sales: Jul 15, 2021 – Jul 31, 2021
- Pre-sale token supply: 50,000,000,000 ESP
- Token supply: 400,000,000,000 ESP
- Total tokens for sale: 50,000,000,000 ESP
- Soft cap: 100,000,000,000 ESP
- Hard cap: 150,000,000,000 ESP
Token Data
- Minted: (Fixed) 500,000,000,000
- Total Supply: 499,982,722,274
- Restricted Sold: 62,500,000,000
- In Circulation: 3,495,262,520
- Burned: 17,277,726
Roadmap
July 2021:
- Launch of E$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
Conclusion
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.
This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:
WEBSITE: https://espcoin.io
WHITEPAPER: https://espcoin.io/assets/ESP%20Project%20White%20Paper.pdf
TELEGRAM: https://t.me/espcoin_news
TWITTER: https://twitter.com/ESP_coin
REDDIT: https://www.reddit.com/user/ESPcoin
MEDIUM: https://esp-coin.medium.com/
FACEBOOK: https://www.facebook.com/ESPcoin-110509951269169
LINKEDIN: https://www.linkedin.com/company/74051545/admin/
Username: Bidadari_surga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
ETH Wallet Address: 0xBd706dD25c38c5502DbB2B254bFA6bbD54b8F8d3
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