Please leave me a comment to give me chance of rewarding your support if you upvote my post.
Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency- Eco.
- 50% will be given away to the first one billion verified humans that sign up.
- 20% will go to the universities running trusted nodes,
- 10% will go to advisors, 10% will go to strategic partners,
- and 10% will go to a newly formed Eco Foundation,
- Notably there will be no ICO – which means no money will be raised for the project, and also lets the project avoid any potential legal issues which have now become prevalent with most major ICOs.
Users can sign up now to claim a username and reserve some tokens.
Reference: https://techcrunch.com/2018/03/01/uber-co-founder-garrett-camp-is-creating-a-new-cryptocurrency/
Please leave me a comment to give me chance of rewarding your support if you upvote my post.
Like always he is trying to do something new, not seen before.But ICOs are proven way to gather money for the project, without it I'm not sure how Eco will succeed.
It seems Camp as well as a small number of partners affiliated with Expa will also donate $10M to seed the foundation with an operating budget.