Ecoin is not backed by anything tangible just like Bitcoin , but it derives values by the network of its participants just like Bitcoin. However unlike Bitcoin we dont ues Pow we use EOS chain and use DPOS, Which we feel suits our objective of signing up 1 billion users much better / cheaper.
In terms of inflation, even though more coin will be released with more people joining, the token count per user keeps falling down, this helps long term investors tremendously.
As you the know the value of network grows as a square of its participants, however the supply of ecoin only as square root of the total number of its users,so in effect the price will grow much faster than most people anticiapte !
hope this helps , feel free to ask more questions !