Hi all,
is the ecobit.io project backed and supported by nem officially? Are there some more details available about how they use the nem chain? Is an EcoBit token represented as nem mosaic or how is it done?
I would like to know a bit more about this project and how they use the nem. Hope you can give me some details.
Thanks
Owon
Hi owon,
(1) Will leave it for confirmation to come from the NEM folks, but a key team member is Lon Wong, who is the NEM Foundation President and is acting as blockchain advisor to the project.
(2) The EcoBit token is represented as a NEM Mosaic on the NEM Blockchain.
(3) In principle/summary:
- The company & team are focused on green projects.
- They have secured a 30-year concession over a million acres of forested reserves, over which they have various obligations (e.g. forestry management, carbon audit).
http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/ - In return, the company has secured a 55%:45% profit share between the state government (55%) and the company (45%).
- The carbon credit project is just the beginning - the company has other goals as well, as documented at http://www.ecobit.io/ or at https://bitcointalk.org/index.php?topic=1861730
For an early adopter bonus, do remember to use the following rewards link when signing up.
https://member.ecobit.io/Register?ref=EcoBitEarlyAdopter
Thanks a lot for your explanation.
Another quick question: Will it be possible to receive the tokens directly to an existing NEM account or how are they handled if one has no NEM account yet?
Hi everyone - XEM deposits are now enabled 