Post
Topic
Board Announcements (Altcoins)
How Encrypted Dollar Coin Generates Revenue
by
edollarcoin
on 11/07/2018, 09:15:41 UTC
Encrypted Dollar Coin will be operating in 3 phases as planned at the moment.

Phase 1 being a marketing scheme which is essentially generating revenue for the people for every person they invite and have a new stream of income by being able to collect the revenue that is generated by the people who are invited by the people they have invited upto 6 levels, It is a multi level marketing strategy also known as network marketing. During Phase 1 the company will be completely non profit, as the funds will be used fully to generate revenue for the users, the reason why this strategy is used is because this spreads awareness of the platform to as many people as possible without having to spend a lot of money in advertising.

Phase 2 is when Encrypted Dollar Coin starts generating revenue. ECD will partner up with firms that will enable the users to use their Encrypted Dollar Coins to buy services, products, etc. As there will not be any transaction fees, the only way Encrypted Dollar Coin will start collecting revenue is by showing the user base to the companies and sending users to their businesses essentially boosting their business, from which the companies will give a percentage to ECD.

During Phase 3 Encrypted Dollar Coin will partner up with Stock Brokerage firms, Stock Markets, Venture Capitalists and Startups, and encourage users to buy stocks using the ECDs they have.
Users will be able to multiply their investments and be able to withdraw their funds at any given time with no restrictions at the same time Encrypted Dollar Coin will have a percentage from the stock bought by the user.

Basically the main goal is to empower the users, make them financially independent and prepare them for the future projects that Encrypted Dollar Coin will participate in, Overall boosting the growth of the civilization.