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Topic: [ANN] ECOBIT : WORLD'S FIRST-EVER GREEN PROJECT ICO (BASED ON NEM BLOCKCHAIN) - page 13. (Read 51335 times)

hero member
Activity: 714
Merit: 500
Skol!
Dear OP,

Can you post the social media profiles of the team members because I do not believe they are in your team.
newbie
Activity: 40
Merit: 0
How Can We clam 4% bonus in the 1st 10 days?


Scenario example.

First 10 days, the price is fixed at $ 0.03 .

Then every 1 day , the price will increased by 1% for next 50%.

Hence those who participate for the first 10 days will be $0.03 (100%) and on last 60 days will be $ 0.45 (150%).

From the scenario above, you can see the Early Adopters within 10 days will be cheaper by 50%.


If you use affiliate link, you get extra 5% from the system.

Please Note: Confirmation is a bit slow, please expect about 30 to 60 minutes to show up EcoBit on the blockchain.
legendary
Activity: 2408
Merit: 1004
that s sound great


i will buy some
newbie
Activity: 7
Merit: 0
How Can We clam 4% bonus in the 1st 10 days?
newbie
Activity: 40
Merit: 0
How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company




Sorry for the late reply as we are not full time in crypto scene.

The concession is 30 years but first two years is the verification and validation process, which is to determined the total carbon trading/offset.

so maybe after that above 2 years, they will close down? no?
newbie
Activity: 7
Merit: 0
How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company

so maybe after that above 2 years, they will close down? no?

To clarify:
- The state government (i.e. Kelantan) has an agreement with the company, Climate Protectors Sdn Bhd, in which there is a 30-year concession over which the company has certain obligations (e.g. managing the 360,000 hectares/1 mil acres of forested reserves, performing a carbon audit).
- In return for fulfillment of those obligations, the company derives certain benefits, specifically profit-sharing related to the carbon credits sale.
- The profit sharing is in the ratio of 55% to the state government and 45% to the company.
- The company (Climate Protectors Sdn Bhd) is the promoter of the EcoBit programme.

30-year concession but contract ends in 2 years. maybe kelantang governemt won't renew your contract and you all run away with our funds. smells funny yes?


full member
Activity: 242
Merit: 102
I am just a crypto-beginner, but is the price of 3000 satoshi not quit expensive according to an amount of 8,888,888,888 units?
NEM has the same amount but the price is about 1700 satoshi,  2 years after launch!!
legendary
Activity: 3178
Merit: 1054
how much ecobit is rewarded to someone who promoted his affiliate link and made users to participate on the ICO? just wondering though. if a webmaster finds out he may be able to monetize this project for 60 days whil also help the ICO collect more funds. there is no option to pay USD?
hero member
Activity: 1246
Merit: 708
I've joined!
Wish you luck!
full member
Activity: 134
Merit: 100
full member
Activity: 134
Merit: 100
http://www.theborneopost.com/2017/02/02/pioneer-firm-to-enhance-carbon-stock/

Quote
...

The company, specialising in renewable and sustainable energy, received the project under UN’s REDD initiative for a 30-year concession period with the Kelantan state government.

...

On the prospect of this initiative, he said there would be positive cash flow between the state government and the company, which was expected at 55 per cent and 45 per cent of earnings, respectively.

“The returns would be seen after the scientific evaluation and verification on how much carbon stock we can get.

This will be done by certified UN auditors within 24 months from the date of the MoA signing,” he said.

...
full member
Activity: 134
Merit: 100
How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company

so maybe after that above 2 years, they will close down? no?

The way I understand it is that this 2 year contract is for the carbon credit audit. So, finding out how much carbon credits are present for the land. For that they are being awarded a 30 year concession.
member
Activity: 64
Merit: 10
How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company

so maybe after that above 2 years, they will close down? no?

2 Years is not long enough, do you know how long a coconut tree takes to grow, why do you need that much land for aqua base products, spirulina is that you know.
newbie
Activity: 7
Merit: 0
How exactly will the million acres generate revenue?

From my research and what I understand from their website, they were given a 30 years concession for that piece of land by Kelantan (a Malaysian state). They are in charge of the carbon credits which are available on that land and will trade with those on the stock exchange. 55% of those profits will go to Kelantan, 45% to the company. (see their answer above) From those 45% a certain percentage goes to Ecobits and with that profit they will buy back Ecobits on crypto exchanges, increasing the value of the token.

sorry bd english,

google says 2 years. but you say 30 years?

which is which?

http://www.thestar.com.my/news/nation/2017/01/10/kelantan-and-firm-ink-agreement-to-audit-its-carbon-credits/

Kelantan has signed a two-year contract with a company

so maybe after that above 2 years, they will close down? no?
full member
Activity: 134
Merit: 100
When you say farms are these just bedroom or garage sized rooms with each individual specific ? I have been in the farm industry and have seen what goes on and what is required money on development sized with and what your are asking is a dead set joke, this has to be a scam 100 %

You can get your own up and going with bi-decade+ leases for bare sites for farm/agriculture development, the reason the long lease time is to grow, breed, or what not your specified product in that time period with potential massive profit if it does well.

to sum it up, this is just a blatant scam wanting money for some stupidly thought out idea as if someone from each industry isn't going to see something like this in a crypto coin and call them out.

Is it?
Their first funding goal is 5k btc for the carbon credits. The next is 2k btc for a Spirulina Farm. If they don't reach that goal they obviously won't do the farm. But 2k btc are $2,4 million. I don't know enough about farming in malaysia to say if that is sufficient funding or not. But it does not sound like a joke.
newbie
Activity: 7
Merit: 0
Green coin sounds good, is this coin beside Eth or waves?

see title they show it
WORLD'S FIRST-EVER GREEN PROJECT ICO (BASED ON NEM BLOCKCHAIN)

member
Activity: 64
Merit: 10
When you say farms are these just bedroom or garage sized rooms with each individual specific ? I have been in the farm industry and have seen what goes on and what is required money on development sized with and what your are asking is a dead set joke, this has to be a scam 100 %

You can get your own up and going with bi-decade+ leases for bare sites for farm/agriculture development, the reason the long lease time is to grow, breed, or what not your specified product in that time period with potential massive profit if it does well.

to sum it up, this is just a blatant scam wanting money for some stupidly thought out idea as if someone from each industry isn't going to see something like this in a crypto coin and call them out.
sr. member
Activity: 660
Merit: 350
NOBT - WNOBT your saving bank◕◡◕
Green coin sounds good, is this coin beside Eth or waves?
sr. member
Activity: 504
Merit: 251
Any bounty for facebook and twitter?
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