EcoStart is a blockchain-based public distributed cryptographic platform. The core of the platform is the TECO cryptocurrency, which is generated using the Proof-of-Importance algorithm. EcoStart will be a reliable platform for creating applications for funding in “green” projects, in the sphere of ecology and sharing the economy. Our goal is to increase investment in green projects and tokenization of investment activities.
EcoStart Blockchain has all the necessary characteristics for this:
- Fast transactions about 100 K transactions per second
- Lack of intermediaries
- Energy saving verification protocol (up to 100 times less than for Bitcoin)
- Low transaction cost
- Smart contracts with new advanced features and tools for creating it.
We create EcoStart – it’s a public distributed cryptographic platform which will serve to create applications and software solutions in an open Blockchain for the financing of environmental projects, with its own TECO crypto currency, the generation of which uses the Proof-of-Importance algorithm.
The Ecostart project is aimed at solving one of the most acute problems of all mankind – ecological, using modern information technologies for creating and operating a system of financing and implementing environmental measures.
We are creating an ecosystem based on our own Blockchain technology, which will ensure full transparency in the collection and control of spending for environmental projects, the absence of intermediaries, dependence on public authorities and global financial groups.
Thanks to TECO, acute environmental problems will be tackled around the world, by financing startups with token holders, as well as using its own Blockchain technology, where the commission from each transaction is sent to a fund to protect the environment.
The cryptographic messenger built into the ecosystem will allow to exchange messages between all participants, discuss environmental problems and form ideas on their arrangement. Any member of the community can take part in the service for the examination of projects, where non-environmental projects are identified, a list of recommendations, a rating of trust and reputation is formed.
On the basis of TECO Blockchain, any member of the ecosystem can create their own applications for solving environmental problems. The logic of the applications will provide smart contracts, and integration with third-party resources an open API for developers.