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Results and Development Prospects of EDC Blockchain

Hello everybody, today our community celebrates 2 years since the launch of EDC Blockchain, a multifunctional platform for entrepreneurs and small and medium-sized business development. During this year, a number of works was carried out aimed at strengthening the position of both the EDC Blockchain project and the EDC coin in the market and in everyday life, while new blockchain tools were developed for users. Let's summarize. Decentralization The EDC Blockchain platform has switched to a decentralized blockchain, where users can become witnesses and deploy their nodes. Witnesses support the operation of the blockchain and receive rewards for the operation of their nodes, as well as the fee interest charged for transactions performed in the system. Reduced commission Ranks have been added to the EDC Blockchain wallet. Upon reaching a certain rank, transaction fees are reduced. Having reached the Rank 3, you gain access to the creation of a witness node. Burning coins A coin-burner account is created. All coins sent to this account are irrevocably removed from circulation to create a coin shortage and increase the demand for the coin. Over 8 billion coins have been burned by users. Coin listing EDC coin started to be available for trading at Bit-Z, STEX, Digifinex, P2PB2B, Exrates, and Coinbene. The coin price has been increased this week thanks to community support. The growth of the coin is determined by the users’ behavior: the more coins are held or staked, the higher the price of a coin on the market. Staking Rewards All users have the opportunity to stake their coins and receive daily rewards for their deposits. The advantage of staking is that you do not need to use expensive equipment to mine new coins and you do not pay additional commissions for using. Therefore, the deposited coins are returned to your balance after the expiration of the staking period. Go to your EDC Blockchain wallet, select “Staking”, click “Stake” and start getting your reward. There must be the required amount of coins on your balance. Apps for Apple and Android The EDC Blockchain wallet has been released on Google Play and AppStore. All EDC Blockchain operations are now available in one application! The wallets have been updated, including the addition of a 2FA protective function, ranks and a commission calculation module. Denomination To stimulate support for the project, an EDC coin denomination operation was carried out, while a global update of the software of the blockchain nodes was made. As a result, all balances in the market, including the total supply, have been divided by 1 000. Community growth A number of conferences and training events were held for the EDC Blockchain community members in Latin America, Indonesia, Turkey and China. New users have joined our community resulting in the increase in the number of wallets to 1,335,803 million. In Q1 2020, our speakers conducted over 30 free webinars to raise awareness among users in the field of cryptocurrencies, blockchain and online trading. More than 7,000 users actively use EDC Blockchain services and tools in entrepreneurship, receive staking rewards and use the EDC coin as payment for goods and services within the community. Partnerships EDC Blockchain representatives took part in international conferences in South Korea, such as Hashnet Blockchain Conference and WBS MARVELS, in order to popularize the project. As a result, partnerships with South Korean blockchain companies were established and a memorandum of cooperation with the head of WBS Marvels, Bong Kyu Park, was signed to implement joint projects in the blockchain field. Distribution of coins A number of large airdrops were carried out together with the Bit-Z, Bitribe, Digifinex and XT exchanges. The distribution of coins on the partner exchange Bit-Z accounted for 5 million EDC coins. As part of the coin distribution, a few AMA events were held with representatives of the Bit-Z and Bitribe exchanges. Bulletin board A free bulletin board has been launched, where users from all over the world exchange EDC coins for different goods and services. What are the prospects? The EDC Blockchain community members are preparing for the launch of a partner project ECRO Marketplace, an online trading platform for sellers and buyers of goods and services. Sellers can easily create a store page on the marketplace, add products and accept orders, while buyers can purchase goods and services with EDC coins from different sellers around the world. EDC Auction is a project that will be presented to users as an additional opportunity to apply the EDC coin. By exchanging coins for the project's internal units (bids), users will be able to place bids on different lots and redeem goods at minimal prices or receive a refund in EDC coins. A partner program will be added to the EDC Blockchain wallet, thanks to which you can increase your bonuses by inviting new members. Thank you all for staying with us, being active and participating in supporting the project! We will strive to ensure that our results justify all efforts, while the rewards for all users will only increase! Stay updated!

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Video Review: EDC Blockchain Affiliate Program and Other News

Dear friends, we have important news: EDC Blockchain is preparing to launch an affiliate program! You will learn about the exact release date from our video review. In addition,over the past week, we have collected other interesting cryptocurrency news. Enjoy watching! Subscribe to EDC Blockchain news and stay tuned for weekly updates!

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EDC Blockchain Mobile Wallet Updated

Dear users! EDC Blockchain Android/iOS-based wallets have been updated. The following features are included: * No commission is charged when sending coins to coin burner accounts (coin-burner); * Automatic setting of the appropriate commission for transactions depending on user rank. Detailed information on fees and the conditions for obtaining ranks can be found [urlhttps://blockchain.mn/ranks-and-coin-burning-tool-added-to-edc-blockchain-wallet/]here[/url]. We recommend updating your mobile wallets from the AppStore and Google Play. Note. Uninstall the previous version before installing the new one.

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The More Trading Volume the More Free Coins on STEX!

Dear users! Starting from November 30th, EDC Blockchain, together with STEX crypto exchange, will hold an Airdrop for the most active traders! By taking part in the competition, you can get up to 50,000 EDC for free! The bonus program is aimed at supporting active coin users and partner exchange participants! Terms of participation: * Register on the exchange at https://www.stex.com/ and make a deposit in EDC coins. * Trade the coin during the Airdrop period. * The winners will be determined taking into account the total trading “Buy + Sell” volume. * Date: November 30th - December 7th, 2020. The timing will be published in the news. * Total prize pool: 50,000 EDC ($2,500, at the current exchange rate). The prize fund is distributed as follows: STEX.com is a European cryptocurrency exchange that provides traders with a fast exchange of cryptocurrencies and fiat currencies during 24/7. You can conveniently trade with the EDC coin paired with Bitcoin (EDC/BTC) by choosing a market price or set any price individually. The daily trading volume on the exchange reaches almost $40 million, which contributes to an increase in the value and liquidity of the presented coins. Start making deposits now, participate in the Airdrop and get more coins! There are more promotions ahead on our partner exchanges! Thanks for your support!

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Crypto News Video: What November Brings

Dear friends, you can now watch the new video digest on our YouTube channel! In this issue, you will learn about the update of the EDC Blockchain wallet, news from Huobi and OKEx and the use of blockchain technologies by emergency services in Poland and Australia. Share this video if you like it! Subscribe to EDC Blockchain news and stay tuned for weekly updates!

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EDC Blockchain Mobile Wallet Updated

Dear users! EDC Blockchain Android/iOS-based wallets have been updated. The following features are included: * No commission is charged when sending coins to coin burner accounts (coin-burner); * Automatic setting of the appropriate commission for transactions depending on user rank. Detailed information on fees and the conditions for obtaining ranks can be found here. We recommend updating your mobile wallets from the AppStore and Google Play. Note. Uninstall the previous version before installing the new one.

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TOP10 Traders to Receive 50,000 EDC on STEX

Dear participants, our trading competition has been successfully completed on the STEX exchange. As a result, 98 users took part in the drawing, while TOP10 winners who actively traded EDC during one week have already received a bonus to their exchange accounts! The total bonus is 50,000 EDC. Congratulations!  Thank you everyone for your participation! We are planning to hold more promotions so that every EDC Blockchain participant can increase their EDC portfolio, actively trade and use the coin in everyday life! Exciting news and promotions coming soon!

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EDC Auction News Video

Dear members, a new video is available for you, which highlights the latest news from the EDC Auction. Last week, the auction site started to operate fully, and the winners of the first auctions were announced to receive cashback in EDC coin! On EDC Auction, you can exchange your EDC coins for an internal unit (BID) and place a bid using BID on the lots you like. The winner of the auction gets the opportunity to receive their item by mail or receive EDC cashback as the compensation for the item. Cashback usually exceeds the starting price of the product several times! Visit our YouTube channel and watch more interesting videos about cryptocurrencies and blockchain!

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Getting 1000% Cashback in 60 Seconds? EDC Auction Makes It Possible!

Are you an EDC coin user looking for the new opportunity to use your coin? An entrepreneur who wants to get more bonus coins to use in your business? A user who has long dreamed of a new gadget? Or a gambler and you know how to win at auctions? EDC Auction is a platform which makes it possible for every EDC Blockchain participant to realize their potential! At EDC Auction, you can show your ambition and passion, win cool products, or earn extra EDC coins! How to participate Register at https://edcauction.com/. Deposit EDC coins to your balance in the "Balances" section from your EDC Blockchain wallet, and be sure to indicate MEMO. In the same section, exchange coins for a BID package containing from 5 to 200 BIDs. BID is the internal unit using which you can participate in an auction. The cost of 1 BID is $10. Go to the main “Auction” page and select an available lot. You will see when the next auction starts and you can prepare to bid in advance. Past auctions and winners’ names are visible on the same page. When the auction starts, on the auction page, the red “Bid now” button becomes active. If you lead in 60 seconds, you win. You can place any number of bids. 1 BID increases the lot amount by $1. The more a user places BIDs, the higher the probability of winning. What the winner gets The auction usually ends when each of the participants has placed an average of 8-10 BIDs ($80-100). Thus, the participant wins a lot worth more than $1000 by spending up to $100!!! In this case, your profit will be 1000%! You can receive your lot in two ways: arrange the delivery of the product by paying the final cost of the lot, or get a cashback in EDC coins which will be instantly credited to your account. Why to get EDC cashback * By choosing cashback, you do not need to wait until you receive the goods by mail and do not pay anything extra. * EDC cashback is unlimited. It can be either $1 000 or $10 000 that depends on the number of BIDs you place, your passion and mathematics! You will receive exactly the same amount at what rate you won the lot. * 50% of the coins spent on the BID purchase are burned. The more participants exchange coins for BIDs, the more coins are burned and the more the EDC coin strengthens in the market and grows in value. * You can immediately withdraw your cashback from your EDC Auction account. How to use bonus coins  Having received bonus coins at the auction, a number of opportunities open up for their implementation: * Staking your coins and receiving bonuses from the deposit in return. At the end of the staking period, your deposit will be returned to your balance; * Exchanging EDCs for BIDs in your EDC Auction account and continue participating in auctions; * Winning a brand item (now the iPhone and MacBook are raffled off) by purchasing it at the lowest price; * Any EDC user who has placed even one bid can become a winner. If the starting price of a lot is $100, the minimum purchase price can be $101 (if you have placed 1 BID and won); * Participating in an affiliate program and earning money with your team. The larger the team, the more your income. Last week there were two auctions, the winners of which received EDC cashback to their EDC Auction accounts. The next auction will take place on December 16th, where you can win an iPhone Pro Max or receive EDC coins! Do not miss! We wish you good luck! Official website: https://edcauction.com/

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[sidik7]

a pretty good offer that is offered by EDC for EDC Blockchain support and investors who are eager to participate in this program because its quite attractive it , will obviously make some important factors from EDC such as it value will increase drastically in demand .

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Video Digest: Companies Investing Millions of Dollars in Cryptocurrencies, Testing the Digital Yuan and Promo for EDC Traders

Dear Members, a news video digest about EDC Blockchain and other coins is already available on the YouTube channel. In this issue: which companies have already invested millions of dollars worth of cryptocurrency, a new blockchain platform for gamers is being developed, how the digital yuan has been tested, what the most popular stablecoin is, and when you can get EDC bonus coins for trading on BitZ! Visit our YouTube channel and watch more interesting videos about cryptocurrencies and blockchain!

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How Does Burning Affect the EDC Rate?

Over the past years, we have observed changes during the EDC development. The coin went through several phases of the market cycle, and currently set experienced growth gaining 8.90% in terms of USD and 6.29% in terms of Bitcoin within the last 24 hours. The number of EDC coins in circulation has reached almost 47 million, which is just under 50% of the total supply (100 million EDC). After the rest of the coins have been issued, no more coins will be produced. The coins generated by EDC Blockchain are used to exchange for goods and services, to participate in auctions, are traded on exchanges and staked. The more coins are issued, the more participants use them, the more the price of the coin increases. In order to support the price growth, EDC Blockchain uses a coin burning mechanism. Incentives for burning coins Burning coins is of a technical and economic nature. This approach means removing a certain number of coins and increasing the value of the remaining coins. This happens due to the fact that the issuance of coins is limited. A similar concept is applied in the traditional financial market, where a public company can buy back its own shares to reduce the total number of shares. This potentially increases the value of the stock and helps owners increase their profits. How EDC Blockchain coins are burned The burning process is carried out by sending coins to a special coin-burner account, from which it is impossible to withdraw. Coins are burned as follows: * 90% of the fees for the transactions, including regular, anonymous, and transactions with checks; * 50% of EDC coins spent on BID purchases on the EDC Auction platform; * Any number of coins burned by users, who are aimed at increasing the value of the coin. Transfer coins to the coin-burner account to burn any amount of coins. No commissions charged when making transactions to a burner account; * Periodic burning, which the EDC Blockchain notifies in advance. Crypto projects applying the coin burning method For each transaction in the Ripple network, a part of its commission is burned, while Stellar burns its XLM tokens for each new transaction on the network. The coin that “burns” quarterly is BNB which belongs to the well-known exchange Binance. The exchange burns 20% of the profits during trading with its own cryptocurrency and plans to carry out the burning until the supply is reduced to 100 million BNB. Conclusion Burning gives an undeniable advantage in the form of coin growth to users who already own EDC coins, and to potential users who can purchase the coin at the current exchange rate and acquire the value that the coin will have after reducing its amount in circulation. We would like to thank all the community members who properly understand how EDC Blockchain works, as well as who believe in the project and its future, who accumulate their coins and increase their income through staking. We make sure that we can do more together if we move in the right direction, using the EDC coin as a tool to pay for goods and services and using additional EDC Blockchain tools. The EDC price we are observing now is not a limit, but an indicator for testing new price peaks!

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Happy Christmas Day to All!

Dear users and partners, We sincerely wish you a Merry Christmas and happy New Year too! May hope makes all things work, may you feel the warmth of unconditional love and may peace fill you throughout the year. We make sure this year is going to be auspicious for every member of our international community! Happy holidays!

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Video Digest: EDC Promo Ends on BitZ, EDC Auction Presentation Releases and News from Exchanges

Dear friends, Check out a new video about cryptocurrencies, blockchain and exchanges. You will learn about Huobi's empowerment, the results of the first EDC auction in which the participant wins the latest iPhone, and the release of a presentation to the auction participants. In these papers, you will receive answers to frequently asked questions on Telegram about how to get started, how to win EDC coins or goods, and why EDC Auction has an impact on the coin rate. Visit our YouTube channel and watch more interesting videos about cryptocurrencies and blockchain!

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[Jaephoenix]

This project is a good and strong team, In a predictable and transparent road map, planned and projected. I trust this project. Good thing comes to those that wait for it, I believe