EcoVerse Project

ABOUT
The blockchain developed by Bitcoin has effectively demonstrated how an unspecified number of unknown individuals in the internet can do movement for their very own advantages without focal control. There is without a doubt recorded centrality to the joint effort on cryptographic arrangement in evidences on trustless the internet. Sadly, Bitcoin's shortcomings end up being excessively various, making it impossible to be generally utilized in regular day to day existence and not very many ongoing crypto ventures have been intended to act naturally continuing.

Furthermore, reports by Dr. Nicolas Courtois, a cryptographer at University College London indicates what number of current digital forms of money are pointless in nature:

We see that most digital forms of money have commanded unexpected and sudden changes.

It demonstrates that littler bitcoin contenders are considerably more defenseless.

We show precedents of 'alt-coins' which approve our hypothesis and for which the procedure of modified decrease and fast implosion has unmistakably as of now began.

The EcoVerse group's main goal is to assemble the principal ever self-feasible (or, not pointless) biological community, in view of a created blockchain organize.

This article presents the EcoVerse stage. To begin with, we recognize the principle challenges right now confronting the crypto universe. Next, we layout our specialized answers for these issues. At that taking everything into account, we offer our philosophical vision which we would like to accomplish with our stage.


Issues FACED
There is just a single issue we at EcoVerse looks to address: selfsustainability. The issue, in any case, is very unpredictable. It requires a multifaceted multidisciplinary way to deal with explain.

We will clarify the self-manageability issue in specialized, sparing, philosophical and socio-mental points of view.


Self-Sustainability Problem from a Technical Perspective: 
In fact talking, we trust a cryptographic money must fulfill two necessities to act naturally practical: every day ease of use and widespread relevance. However, both of these fundamental issues that should be tended to.

Every day Usability: It implies that a customary individual ought to have the capacity to utilize the digital money for his/her day by day exercises. It incorporates sub-issues, for example, adaptability, unpredictability/value improvement, security insurance/KYC-AML consistence, and security.

2.Universal Applicability: It implies that our digital currency must be broadly acknowledged and utilized. Which implies a digital currency must be anything but difficult to utilize similarly as a Visa may be, and should be broadly acknowledged and in this way are usable in both on the web and disconnected.

Self-Sustainability Problem from an Economic Perspective:

The monetary point of view concerns the riches circulation of cryptographic forms of money. They are known to have the rich get more extravagant plan. Truth be told, every one of them are horribly fizzling at uniformly disseminating the riches, a.k.a. the seigniorage. We

trust this undermines their maintainability genuinely. When conventional individuals acknowledge they don't get anything from their own crypto speculation because of the plan, they will leave and never returned.

Self-Sustainability Problem from a Philosophical (and Socio-Psychological) Perspective:

Rationally, the issue is this absence of trust and obscurity. On the off chance that a mistake/bug shows up some place, an assault will take

favorable position of it. using it quite often happen. This is the reason hackings and assaults have turned out to be so basic in cryptographic money industry as of late. Actually, from the year 2009 to 2015, 33% of digital money trades were assaulted and half of them were shut. We trust it originates from the philosophical imperfection that individuals can exchange without knowing each other constantly. Hackings and assaults against cryptographic forms of money are being produced as an industry itself.


Arrangement PROPOSED BY THE PLATFORM
The EcoVerse group will tackle oneself supporting issue illustrated up until now. The group's main goal is to assemble the primary ever self-manageable biological system dependent on a blockchain organize. We will now talk about our answers for these issues as introduced previously.

1. Day by day Usability: EcoVerse is planned with a digital currency framework comprising of two fundamental coins, each with various qualities and capacities. EcoVerse-X (ECX), pegged to a fiat cash (i.e. US dollars), is for every day utilize. As per Thomas Euler's proposition of token characterization structure [7], ECX's characteristics include:

• Technical Layer: Blockchain Native.

• Purpose: Network Token.

• Underlying Value: Asset-supported.

• Utility: Fiat-pegged Usage Token.

• Legal Status - Utility.

Then again, EcoVerse-R (ECR) is a digital currency for exchanging. As indicated by Thomas Euler's proposition of token characterization system, ECR's characteristics include:

• Technical Layer: Blockchain Native.

• Purpose: Cryptocurrencies.

• Underlying: Network Value Token.

• Utility: Inter-chain Connectivity Token.

• Legal: Cryptocurrency.

ECR is a common cryptographic money used to store esteem and is the medium of digital currency trades. ECR gives an expense charging capacity and different verification capacities for dApps that need to give administrations to clients through a blockchain, while when ECR and ECX are traded, the Foundation stores indistinguishable estimation of fiat cash from the estimation of ECR in an assigned bank. This arrangement limits the value unpredictability of ECX, ensuring ECX as a steady means for exchanges.

EcoVerse will issue ECX in return for ECR, which may then be utilized for merchandise and ventures inside the EcoVerse financial biological system.

ecrecx.JPG

2. All inclusive Applicability: The EcoVerse will build up a wallet that advantageously changes over ECR to ECX continuously. The ECX ought to be utilized as helpfully as charge cards. Additionally EcoVerse stage will connect with the purpose of-offer terminal gadgets that can even be situated in little "mother and pop" shop. This is to guarantee that conventional individuals may contact utilize our administration with no challenges.

3. Financial Solutions:

Gini Coefficient and Consensus Algorithm: The Gini Coefficient of digital currencies at close aggregate disparity will be the crypto's obliteration. Notwithstanding, this one-sided circulation blame is just a characteristic result of its agreement calculation. An agreement calculation has two capacities: the operational soundness of the system and its riches circulation (or seigniorage). The operational dependability of the system is fundamentally vital. The square age and record administration must be finished by somebody trustable. This is the reason such a major monetary motivation is given to the square makers.

To deal with the issue, we utilize man-made reasoning handle the operational solidness. At that point, an accord calculation is just expected to oversee riches appropriation.

4. Philosophical and Socio-Psychological Solutions: We expressed that hackings and assaults likely happen when individuals do their monetary exercises without knowing one another. Be that as it may, if individuals manufacture their name and respect in the framework, the quantity of hackings and assaults will be decreased great.

To discover numerous levels of fulfillment as indicated by kinds of individuals, we picked Spiral Dynamics Value Meme with Integral Theory. The execution of various motivating forces dependent on the Spiral Dynamics Value Meme.


Plan of action
The EcoVerse Framework is intended to give the essential specialized help and preparing to encourage simple improvement for all dApp designers/advancement organizations who take an interest in dApp world by offering a plenty of instruments. Specialists and instructors will be accessible to the individuals who need to take an interest in dApp world to plan their own plans of action, benefit components, and reward frameworks dependent on SDICMD (Spiral Dynamics Incentive Compatible Mechanism Design) improvement approach.

Different startup occasions will be given to find benefits that can bolster the development of the biological community. The Foundation will hatch business people with new thoughts and items so they might be effectively settled in the environment. The Foundation will work a brooding asset for colleagues and dApp designers. It will likewise do different subsidizing exercises to help dApps including air drops, which are important to build the clients of dApp administrations.

For instance, the Foundation could buy tokens produced by a chose dApp and airdrop them to the majority of the EcoVerse clients for nothing. This will drastically expand the clients of the dApp. The expense of such airdrops will be recuperated over some undefined time frame with the dApp's activity charges.


The Ubuntu Economy:
Ubuntu originates from the Nguni axiom "Umuntu ngumuntu ngabantu," which in its strict interpretation signifies, "I am on the grounds that we are." Ubuntu stresses the significance of network, solidarity, mindful, and sharing. This perspective (Ubuntu) advocates a significant feeling of relationship and underlines that our actual human potential must be acknowledged in association with others (Ngcoya 2009).

At the core of Ubuntu remains between satisfaction among individuals, and the possibility of network. EcoVerse establishes itself on the Ubuntu idea of humankind towards others and our neurobiological requirement for association. A Ubuntu economy is our vision of a network for members of all social and social directions where every individual can follow up on the feeling of being associated with others by our basic humankind, and where all connections and levels of conduct or activity are raised to a higher plane. Basic to the EcoVerse reasoning are ideas of compassion and of building the network for more noteworthy's benefit of society past the monetary and money related opportunities or additions which our stage offers.

ROADMAP

TEAM

PARTNERS

CONCLUSION

The proposed EcoVerse is the first ever selfsustainable platform using AI-DPOC (artificial intelligence supported delegated proof of contribution). EcoVerse solves daily usability and universal adoption by improving transaction
times, security, and interconnectivity. The platform aims to achieve the goal of hundreds of thousands TPS in real world application with TFT at less than 2 seconds, which we consider the highest limit for cryptocurrency adoption in daily activities.

For more information concerning the platform and also as regards to questions or you have ideas to innovate the project of the platform more, you can contact the team by clicking on the social links provided below;

More Info:

WEBSITE: https://ecoverseglobal.io/
FACEBOOK: https://www.facebook.com/ecoverseglobal/
TWITTER: https://twitter.com/ecoverseglobal
TELEGRAM: https://t.me/ecoverseglobal
ANN: https://bitcointalk.org/index.php?topic=5061863
REDDIT: https://www.reddit.com/user/ecoverse_official

Author:
User Name: Md. Topajjul Hossen Rasel
https://bitcointalk.org/index.php?action=profile;u=2428898
My Ether Add: 0xDa049fB3fB68807d82BAcdD08908967da72C854B