We are glad to meet you here Mr. Biman Das (CEO)
Biman Das :- Welcome Everyone to the EvenCoin Community! I am glad to see everyone here! All my greetings and best wishes to all of you. The Whole World is Fighting with Corona Virus! I would like to Appeal Everyone to Stay Sae! Stay Healthy and Happy. Hope you will really like the AMA Session and I will be happy to answer your questions.
James CF team :- Okay, Let’s start the AMA from my first Question
Question 1:- Can you introduce yourself to the community? What is your background and how did you join EvenCoin?
Biman Das :- I am Biman Das, the Founder of EvenCoin, and I come with a proficient knowledge on the cryptography and this particular thing bought me the idea of creating EvenCoin. I have a huge passion for creating a space where Crypto can be used as good as Fiat. And I have tried to create such an Ecosystem in EvenCoin where this can be done or used.
Question 2:- Can you briefly describe what is EvenCoin in 3-5 sentences? What technology stands behind EvenCoin and why it’s better than the existing one?
Biman Das :- Ohh Yes James I would love to answer this question.
Unlike Bitcoin where energy & infrastructure is required to mining coin EvenCoin is a self-mining currency in conjunction to even numbers of Ethereum block. It is Smart Contract built under the Ethereum BlockChain and on every even blocks of the ethereum blockchain EvenCoin is mined. The total supply is 100 Million and as per the present Ethereum Block timings it will take 15years to mine the total 100 million coins.
All the details can be found below: EvenCoin Ethereum contract wallet address:
EvenCoin was created with the following transaction:
The EvenCoin creation transaction was added to the Ethereum blockchain at block #4246803
The following table of technical specifications for EvenCoin can be viewed and verified with the EtherScan tool located here:
The Last Point is Why EvenCoin is better than the existing One: 1. Evencoin is a coin fully supported by mathematical Logic which is proven and established under the Ethereum Blockchain. So a proven Logic never goes wrong.
- Out of the 100 Million total supply 5 Million is for the founders and rest 10Million is the amount to be sold for crowd sale. So total the circulating supply is 15million and rest 85 Million is to be mined for upcoming 15 years. So this proves that there will be huge demand rather than supply so price is going to be stable rather on a higher note. 3. EvenCoin has already created an Ecosystem Like BitRecharge( Travel and Tourism Portal). Medtrox ( Medicine and other Medical allied Products), EvnMart ( A Global Product E- Commerce Portal). All this Portals can be used or in fact products or services can be purchased using EvenCoin.
Lastly EvenCoin is already listed in 5 Exchanges and also in CoinMarketCap and having been trading foe last 2.5 years. https://coinmarketcap.com/currencies/evencoin/
Question 3:- Good Day sir @EvenFintech Biman Das,
I’d like to talk about our $EVEN Roadmap, now
Does MEDTROX and blockchain real Estate has come into fruition or still in the works?
How about the new 2020 Roadmap?
Biman Das :- Medtrox is dedicated towards the welfare of the people and to make a closely knit community of doctors and patients. Today, the average lifestyle of a human being is fast-paced. In this fast-paced lifestyle, people ignore their health that leads to several health complications. Assessing health issues, consulting experienced medical practitioners and storing health records are few services offered by the company. Not only are we dedicated to providing a better health to people, we also ensure that they get easy access to countries best doctors in the most convenient and affordable ways. On our way to creating an experience truly prime for users and healthcare experts, we overcome multitudinous challenges almost every day. So Medtrox is a bridge between the doctor and the patient but using the payment and fees structure using EvenCoin. Medtrox is under development stage and will be globally launched in the Month of May 2020
BlockChain Real Estate with EvenCoin: Tokenizing real estate assets refers to a process in which a property owner can offer digital tokens that represent a share of their property. Using a blockchain to track these investments, with each transaction being time-stamped and immutable, makes it possible to limit the risk of fraud. Hence we are deploying the Smart Contract and using it to turn the whole real estate economy into EvenCoin tokenomics. The development is in progress and it will take another 6 months to make the idea fully functional and application to be used in the market place. This Application will help Buyers buy new properties anywhere globally taking into consideration the legislation of the countries laws related to real estate.
Last Question How about the new 2020 Roadmap?
RoadMap 2020: 1. Launching our New Application The Worlds First Decentralized Insurance in the Month of April 2020. The name of the Application is EVNMATE; this application will enable users to buy insurances starting from life to assets like life Insurance, Medical Insurance, Property insurance, Travel Insurance, Business Insurance, Crop Insurance using Tokens globally. 2. Listing EvenCoin In Major Exchanges viz Binance, Bittrex, and Folgory. 3. Global Road Shows/Seminars For BitRecharge, Medtrox and EVNMATE from the month of Septmeber to December 2020 4. Putting EvenCoin to daily volume of 10 million Dollars by the end of 2020 and subsequently helping to price rise. 5. Last but not the least Launching the Worlds First Decentralized Investment and Networking Community Program in the Month of April 2020
Question 4:- DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinions on DeFi with us?
Biman Das :- What is DeFi?
Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
Putting it very straight on seeing todays economic condition of the world where we can presume that 34% of the banking and finance has been converted into digital economy. Moreover in recent days we can see that there is a huge meltdown of the world economy, the only reason behind is because it is centralized and controlled by some factors and this factors and inevitable, hence there are also several risk factors where there will be a condition in the coming days the world will see a complete economic breakdown. Thereby I see DeFi will play a major role to purify ( I use purify ) the economic status of the world because a decentralized finance is a system which is transparent, trust worthy, protocols are pure and can be transacted without any hindrances. I see a huge future and a huge acceptance in Defi.
EvenCoins Approach to DeFi Sector: EvenCoin is considering DeFi a major breakthrough in Cross Border Money Transfer and Escrow Account Transactions as mentioned below: We are using the Cross border Money Transfer by the DDS ( Decentralized, Distributed and Secure ) method; There is no central authority which means that all transactions are undertaken among the users. The Transactions go in a chain and distributed among the people and forwarded one after another. EvenCoin deploys checks and balances in consensus and Trust Keys, along with Network recognized Reputation to provide greater security and network stability,
Question 5:- Can you explain me more about BitRecharge?
Biman Das :- Cryptocurrencies are definitely the future of financial transactions. They are the high-tech currencies or alternate money and are astonishingly discreet and anonymous.
The decentralized blockchain mechanism serves great to keep cryptocurrency transactions fast, secure, and convenient. This is the reason, that there is an accelerating trend of using cryptocurrencies all around the globe.
With the increasing popularity of these electric cryptocurrencies, people are using them for a variety of general life purposes, such as Hotel bookings, Flight bookings, mobile recharges, travel bookings, etc. using bitcoins, evencoin, ethereum, etc.
We offer our clients an innovative travel tool, for flight booking, hotel booking, mobile recharge, and holiday bookings, by using the latest and advanced payment gateways, through our partners such as PayPal, VISA, Bitcoins, EtherNum, MasterCard, and EvenCoin.
We rely upon our state-of-the-art infrastructure and our skilfull tech team, who are always coming up with exciting and affordable flights, hotels, and holiday packages, to some of the most exotic places around.
And respecting the undisputed urges of our generation to enjoy their life and their freedom, we provide a fast and secure payment infrastructure, supporting most advanced payment gateways including cryptocurrencies.
Compensation Plan is a different earning opportunity with a referral system to keep the community level increasing day by day. Hence I am Happy to Announce to the forum that we are launching on 6th April 2020 the “Worlds First Decentralized Investment and Community Networking Platform”.
Question 6:- Why does $EVN choosing to build on erc20?
Is there any upcoming plan to create $EVN own chain or migrate to other chain like bnb?
Biman Das :- We considered building EVN on ERC20 because Smart Contracts enables to develop such technologies with efficiency and moreover Ethereum has a bright and consistent future. Yes we have kept the option of creat our own blockchain in the coming future considering the DeFi.
Question 7:- Is it possible that $EVEN will be list on largest cryptocurrency exchanges like huobi, bitmex especially binance in the near future?
Biman Das :- Yes EVN will soon be listed in Binance, Bittrex and Folgory.
Question 8:- Adoption is one of the important factor that all sustainable blockchain projects. Could you tell me what is EVENCOIN’s achievement and your plan to achieve ADOPTION in reality, real use cases?
Biman Das :- Yes I agree with your viewpoint that adoption is the bigger case. We have used EvenCoin in several sectors of daily life use like www.bitrecharge.org ( A Travel Solution where EvenCoin can be used for Payments), www.medtrox.com ( A Medical Diagnosis Application where EvenCoin can be used as Payments.) and also an Insurance and E-Commerce Platform to buy products and services globally using EvenCoin.
Question 9:- You organized an AMA session very rewarding and received a lot of questions related to utilities and technology, future vision, …
So now I want to ask what do you want to receive from the community?
Biman Das :- Cryptocurrency is totally based on Community so community plays a big role in moderating the development of the project. I want the community to follow us and use our applications and create a demand which can on the other hand increase the price of EvenCoin. Trade with EvenCoin and Earn Rewards.
Question 10:- Q1: In what percentage of quotation is the EVENCOIN platform in relation to the dollar in the month of March?
Q2: What are the mechanisms that EVENCOIN executes to manage volatility, reliability and stability?
Biman Das :- Q1 : 0.03$ averaging price from 8 different markets
Q2 : EVN has market makers as well market takers in additional to volatility markets and traders to maintain a good amount of volatility in market.
Question 11:- Going through EvenCoin communities, I see members are losing confidence in the project. What are your plans to increase their confidence level by adding more value to EvenCoin??
Biman Das:- Our Plans for Developing the Project EvenCoin and Moving Forward to Increase the Confidence of our Community Members are as follows:
- Launching our New Application The Worlds First Decentralized Insurance in the Month of April 2020. The name of the Application is EVNMATE; this application will enable users to buy insurances starting from life to assets like life Insurance, Medical Insurance, Property insurance, Travel Insurance, Business Insurance, Crop Insurance using Tokens globally.
- Listing EvenCoin In Major Exchanges viz Binance, Bittrex, and Folgory.
- Global Road Shows/Seminars For BitRecharge, Medtrox and EVNMATE from the month of Septmeber to December 2020.
- Putting EvenCoin to daily volume of 10 million Dollars by the end of 2020 and subsequently helping to price rise.
- Last but not the least Launching the Worlds First Decentralized Investment and Networking Community Program in the Month of April 2020.
Question 12:– 1. What is Evencoin team plan to expand the exchanges they are listed in, in order to achieve mass adoption and effectivity?
2. Would you explain us how self mining works? And also escrow payment system?
3.Why did you choose Ethereum Blockchain? What benefits does the blockchain offer for Evencoin in particular?
4.There are 85 millions of tokens to be mined in the next 15 years. What will happen after that?
Biman Das :- 1. Mass adoption depends certainly on volatility of market the more users the more users tends to hold, transfer or use it, as well Evencoin projects like bitrecharge helps the adaption of EVN
- Self mining of EVN takes place using smart contact based on ethereum as well etherscan has verified and displayed on website EVN as selfmining smart contract. Escrow payment for EVN is supported using LBC and various exchanges.
- Ethereum being most popular as well easy to use with wide range of accessibility which makes users more over to use ERC-20 hence EVN choose to be ethereum based token.
- After 85 million tokens minted in 15 years miners would only receive a mining fees and no block rewards as very similar to in case of bitcoin.
Great AMA session !! ❤️
It was a pleasure to conduct AMA with EvenCoin. Mr. Biman Das (CEO) Thank you sir to giving us your time from your busy schedule for this AMA!!
We wish you & EvenCoin team good luck for future !!❤️🔥
Biman Das :- Thank you Everyone in this Forum. I really enjoyed the AMA session. and Special thanks to James for your Support. Have a Nice Day. Stay Safe! Stay Healthy! We need to beat the Corona Virus.
️ 🔗 Helpful Links 🔗 ⛓️
Telegram Community :- https://t.me/evencoinio
Twitter :- https://mobile.twitter.com/EvenFintech
CoinMarketCap :- https://coinmarketcap.com/currencies/evencoin/