Quote from: memequiserle on December 23, 2016, 07:05:18 AM

after one month your create annoucment thread
but this thread still not explain detail your coin
how much total suply
type coin
premine
ico selling and more

You make a fair point. We need to be more explicit in the workings of the eCoin System, particularly in updating this thread.

To answer your questions (not exactly in order):

The eCoin System will consist of two crypto assets - eShares and eCoin. The total number of eShares will be determined upon the amount and rate of contributions received during the contribution campaign. During the contribution campaign soft-launch (going on now) one eShare is reserved for every $.01 (one cent) contributed. At hard-launch (starting on New Years) the contribution amount / eShare will incrementally rise with each contribution received at what equates to an overall rate of a one cent increase for every 100K (in USD or equivalent raised). For example, once 100K is raised, then each eShare will require a $.02 (two cent) donation. After the contribution campaign ends (a month after approx $1.5 million has been raised), the total supply of eShares will be fixed and no new eShares will be created or exist (besides an additional 10% added to the total supply, w/ 5% going to the eCoin Project and 5% to the eShares Foundation.

eShares enables the creation of eCoin (in which the supply of eCoin will be elastic) and will also be used to provide price stability to eCoin by utilizing smart contacts on an internal exchange market that incorporates decentralized price feeds. (It is too much to explain how this system is intended to work in this thread, so I direct you to check out the project proposal paper at http://www.ecoinproject.org).

No premine - the eCoin System will be 100% proof-of-stake (right now we are planning on DPOS). However, we are planning on reserving 5% of total eShares for the eCoin Project and 5% for the eShares Foundation, where these funds will be used for the continuing support of the eCoin System.

To briefly describe the eShares Foundation, it will be a nonprofit representative body of eShares holders, where the board members will be chosen directly by eShares holder who vote internally on the eCoin System.

ICO - in return for contributions, those who contribute to the eCoin Project will reserve eShares, which will be distributed to them when the eCoin System is released.

Please post any others and we will try answer them.