But before going any further, I want to tell you first about Cryptoqurrency or Blockchain Technology. Cryptocurrency was originally known as a payment system that allows people to be able to make transactions quickly, without third parties, transparently, securely, and anonymously. Satoshi who is the creator of Bitcoin, makes Bitcoin beat the centralized financial system that is prone to manipulation and controlled by one party. With the growth and development of the Crypto or blockchain ecosystem, a number of alternative investment options have emerged, and have proven to be more efficient and profitable investment tools than traditional financial returns. Innovative projects are consistently emerging in the crypto industry with high return investments and continuous trends, such as EKTA . is one of the projects that will attract large market investments. So, don’t waste this golden opportunity.
ABOUT EKTA
Ekta is headquartered in Bali, Indonesia. It’s here that our founding team met and realized we had a shared vision — to change the broken systems currently prevalent in the world we live in.
In the world, as we know it, the basic flow of capital from one half of the equation to the other is inefficient and littered with inequalities. Outdated economic policies from corporations, financial institutions, and governments have negatively impacted both our natural world and society at large, contributing to the mismanagement and depletion of natural resources as well as the rise of unemployment, debt, and poverty.
That’s why we created Ekta. With blockchain, we have the power and resources to change the world. When blockchain technology is paired with a purpose-driven vision, it can be as disruptive as decentralizing financial systems. By eliminating centralized governing systems and bringing people from different backgrounds and socio-economic circumstances together in one ecosystem, we can eliminate the mindset of scarcity, and provide everyone with the opportunity to build a better life for themselves as well as help create profit with purpose through the tokenization of natural capital and property.
Ekta is a meeting place for entrepreneurs, digital nomads, independant thinkers, and conscious capital. Our communities believe that blockchain has the power to disrupt the prevalent systems, creating a new world where people can breathe again, trees and clean water can be revalued as the vital assets they are, and our world can heal.
By creating the conditions where profit is paired with purpose, we can empower everyone to have a chance to live better lives.
EKTA STAKING REWARD SYSTEM
As detailed in the Ekta whitepaper, the consensus mechanism used in the main network of Ekta is Proof of Stake (PoS), and the holder only needs to stake the $EKTA purchased through IDO to the Ekta’s smart contract to participate in mining $EKTA.
The total number of $EKTA tokens issued across the network at the time of IDO completion is 31.5 million, which is 15% of the $EKTA max supply of 210 million tokens. Of this 15%, 2% is allocated to the team, 1.5% for the Ekta project development reserve, 1.5% is for social benefit donations, and 10% is for the IDO. The remaining 85% will be mined out within 4 years through the smart contract mining system.
The rate of mining output decreases over time, so the output ratio is highest early on. Assuming a holder participates in mining from the first day of mining or the IDO, and the price of the coin remains constant from IDO through the next year, and all holders participate in mining, the amount of $EKTA the holder will mine after one year is 4.31 times the amount he or she pledged, i.e., a 431% yield. If you consider that there are $EKTA in circulation in the market (i.e., not involved in mining), the rate of return for the holders involved in mining will likely be higher than 431%.
To illustrate, if an IDO participant buys 100 $EKTA and the IDO price is $1.8095 per token, the total investment is $180.95. In a year, the number of $EKTA in this example is about 531 tokens with a total value of $961.34. If the price of $EKTA grows to $10 per token, the value of the same 531 token would be $5,312.68, or 29.36 times the investment at the time of IDO.
$EKTA is currently available for purchase on 3rd party decentralized exchanges like PancakeSwap and more coming soon.
Are you ready for the future?
Through a combination of blockchain and decentralized governance systems, Ekta’s core physical infrastructure will be built with the future of democratized access in mind. These founding principles, closely mirroring the original tenets of blockchain itself, will serve as foundations of value on which all of Ekta communities and users will ultimately benefit. Only one question remains — are you ready to join us in our mission?
Follow Ekta’s social media channels to stay up to date with latest news and announcements:
Website : https://www.ektaworld.io/
Whitepaper : https://whitepaper.ektaworld.io/
Twitter : https://twitter.com/ekta_io
DisCord : https://discord.gg/YrmaQpemMD
Telegram : https://t.me/ekta_community
Medium : https://medium.com/ekta-io
Author : harum93
BSC Wallet : 0xAcd9BF8EC3E202833891c38a595Ea0568aE034f7
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