The EcoCoin is a digital currency ECO. This EcoCoin has been launched to reward people who are very active towards contributing to build and maintain a more sustainable and ecologically stable planet Earth. EcoCoin has the objective of balancing Economy with Ecology. EcoCoin is a sustainable digital currency for planet Earth.
The economy and ecology have gone out of balance on planet Earth. The increase in profit-oriented business has put the planet’s environment under severe stress with the threat of extinction. The forests have been mercilessly cut down into becoming industrial raw material, as it had an economic value, yielding a profit. The human society extracts everything of value from nature, such as medicines, food, habitat etc. The air became polluted beyond dangerous level because the number of trees filtering the air is now drastically low. This planet needs to rehabilitate the forests to regain ecological balance. But there is no economic incentive for people to motivate them to grow forests.
EcoCoin has been presented as the solution to this burning problem. The human society is in the habit of expressing its values through money. The traditional currency has failed in this matter. The ECO crypto coin is a cryptocurrency with economic and ecological value.
EcoCoins are rewards to those who make efforts to protect and sustain planet ecology. These ECO coins are paid as rewards to such people for their good work and they can spend these ECO coins in the market. This is a solution which is led by community and it can organically grow anywhere in the world. ECO plans to use the technology of blockchain in near future. This will turn ECO into a scalable and fair currency with being decentralized in nature. The objective of EcoCoin is to provide reward and value to all actions of sustaining the planet’s environment. It will be the best possible system to connect economy with ecology.
The EcoCoin team makes a global survey every year to find out the people and projects who are outstandingly contributing towards making this planet Earth a more sustainable place. Their efforts to make this planet Earth more ecologically viable. This team identifies such people, organizations, and projects and rewards them with the ECO coin award. The winners are from the groups of sharers of knowledge of techniques of sustainable agriculture to people involved in building open source machine for recycling of plastics. The awarded projects are mostly community-led solutions, similar to ECO team.
EcoCoin is the need of the hour as a unique effort to connect economy with ecology. It has to have a great potential.
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