What is ESP Coin Project?
They are focused on innovation in Education, Renewable Energy and Decentralized Finance (DeFi). The genesis of this project emerged from needs in both the Education sector and Solar Energy which started the concepts of individual ecosystems both needing Tokenized Payment solutions. And so, the ESP Project has begun. Join their vision and help make a difference in students lives, and help save our planet.
Services
Their goal is to make a significant impact on improving the effectiveness of the Education, Energy/Solar and Electronic Supply-Chain Payments industry by using a technology driven ecosystem of products and services based in their E$P utility Token.
Education
E$P Token for the Education Ecosystem. The token will be a means of payment for School services, supply chain payments, and student wallet funds - bringing cost reduction with payment processors and Forex fees for international students plus security and convenience to all.
Solar
E$P Token for the energy and solar Ecosystem. The token will be a DeFi initiative to help in residential and small commercial deployments that need better compliance and more access to lenders worldwide.
Payments
E$P token usage as a means of payment through ECR network can ensure reduction of inflation pressure, improve price stability and reduce risks of unsound monetary policies by governments. It will also bring security to POS transactions, hence helping governments to monitor tax evasion.
Token
The E$P token will be a fully compliant ERC-20 token for the Ethereum blockchain compatible with its derivatives. Programmed in Solidity, code will be openly hosted on GitHub and certified. Additional features of the E$P token will be:
• 1% Transaction Tax
• Function Hooks for Chain Swapping
• Distribution Function (for .5% Transaction Tax)
• Minimum Max Supply Limit of 50 Billion E$P Tokens
The Distribution Function will randomly select accounts to distribute the Transaction Tax for each transaction. The distribution account selector will have a statistic probability equal for all accounts. They have chosen this method to reduce the Ethereum Gas fees associated with writing excessive data to the blockchain. Accounts with a zero balance will be ineligible to receive the distribution award. This will be a coded function in the Smart contract. The token is programmed to be as lightweight as possible to avoid excessive Ethereum Gas fees. For this reason, separate smart contracts called the Seed Contract will be put in place to manage the pre-pubic sale of tokens.
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About ESP Coin Project
E$P Coin aims to make a meaningful impact in the development of Education, Renewable Energy and Decentralized Finance (DeFi). The starting points of this project emerged from a need in the Education and Solar Energy areas for connectivity to foreign markets to foster convenience and security and cost effectiveness for businesses and users in each industry. Then the idea started of individual ecosystems which required a Token Payment arrangement. Accordingly, the E$P Project had begun. To learn more about ESP Coin Project, please visit their website, follow their Twitter and join their Telegram.
