Co-founder of Uber is Launching His Own Cryptocurrency: Garrett Camp, co-founder of Uber and founder of the accelerator/venture fund Expa, named the cryptocurrency Eco. Camp hopes the coin will be used as a global currency used in the transaction of everyday payments. 50% of the initial one trillion tokens it issues will be given to the first 1 billion users who sign up.
Credits: coincentral.com
It will be great for the Crypto World. Since Uber is one of the fast growing business in the world, other companies may also involve themselves into cryptocurrencies and soon most countries worldwide will consider this. Thus, making its development far richer and successful.