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Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Cordillerabit on February 19, 2018, 06:23:03 PM

Title: World’s 1st Ethereum Funding Token Meets Forbes “Ripple Effect” Criteria for Tri
Post by: Cordillerabit on February 19, 2018, 06:23:03 PM
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Forbes recommends looking for cryptocurrency trading for less than a dollar. They believe that’s important because “smaller numbers can more easily double and triple than larger numbers can.” Ripple is a perfect example. A $1,000 investment in January 2017 would have ballooned to over $609,523 in just 12 months. Another cryptocurrency that has this “Ripple effect” is the Ethereum Funding Token, or EFT for short. As an endowment, this EFT is the World’s 1st collectible solo crowdfunding Ethereum token. The EFT is provided in exchange for donating to someone in need. This ICO represents goodwill support for contributors to exchange EFTs on various exchanges. Bonus tokens will be provided until June 30th.

The campaign serves the same purpose as receiving contributions via personal crowdfunding websites. However, they normally don’t accept cryptocurrencies, nor do they give tokens in exchange for contributions. Conveniently, the EFT does both. Although participants can hold or trade EFTs for profit, the token guarantees something more valuable than money…pride of ownership. According to the token’s creator, “The Ethereum Funding Token is a badge of honor that says, ‘Hey world, I care about the less fortunate. I gave to a stranger in need’.”

EFTs are ERC-20 compliant and can be bought, sold, traded, and exchanged the same as other Ethereum coins. There is a limited number of tokens, which is part of its appeal. The strategy creates a higher demand greater than that which is supplied, to help raise EFT’s initial price. The creator’s vision is for Ethereum Funding Tokens to become a collectible as the world’s first solo crowdfunding token given for personal hardships. The minimum contribution is .10 ETH in exchange for 1,000 EFTs. This makes the ICO one of the most affordable Ethereum contributions on the planet. Early supporters receive a generous 100% bonus during February’s pre-launch.

The EFT campaign is 100% transparent in that there is no product, no service, no team, no investors, no whitelist, and no SEC regulatory compliance issue. What the ambitious project does have is someone in need seeking aid via the Ethereum blockchain. Just as personal crowdfunding websites became the preferred method for contributing a decade ago, this new platform may become just as popular. Undoubtedly, it is a rewarding feeling to help a stranger in need. Doing so with an Ethereum token has now made it profitable as well.

The Ethereum Funding Token campaign is the World’s first solo crowdfunding project offering Ethereum tokens in exchange for contributing to a stranger in need. To join the EFT project and receive 100% bonus tokens for supporting someone in need

Source (https://news.bitcoin.com/pr-worlds-1st-ethereum-funding-token-meets-forbes-ripple-effect-criteria-for-tripled-profits/)