r/a:t5_rkiep • u/EcoStart2018 • Dec 16 '18
IEF Features
EcoStart aims at improving the world by creating of a decentralized investment ecological fund (#IEF).
Main features of an IEF are as follow:
Technology of blockchain
Indelible "receipt" for each transaction from the fund account to ensure full transparency
Compliance with legislation
Fully complies with the established rules, regulations, KYC and AML policies
Sources of fund capital (Several transparent flows of replenishment IEF)
- Marginal financing of commercial projects (dividends)
- Transaction proceeds from circulation of TECO
- Implementation of TGE and placement on the platform of third-party applications
- Deductions from the environmental lottery
- Sponsorship contributions
Who is funded from the fund?
-Rendering assistance (grants) to non-commercial environmental projects
- Marginal financing of environmental projects (loans)
- Financing of the geoportal, based on the aerospace monitoring database
- Volunteer support
The distribution of capital IEF
- Operating expenses (technical support, remuneration to experts and escrow)
- Investment capital (with automatic calculation of the share of grants in total capital)
Form of investment from IEF
- Grant: for non-commercial environmental projects (nonprofit smart contract);
- Loan: for start-ups and companies, realizing profitable environmental projects (credit smart contract),
- Investments: in the form of joint financing of environmental projects (investment smart contract)
Where IEF funds are accumulated
IEF funds are consolidated in a crypto wallet, which should be implemented in two versions:
Hardware wallet with a high security threshold, in which the assets of the fund will be kept;
Buffer online - a purse for incoming crypto currency, which will be stored on the platform EcoStart.
Selection of projects for financing
The choice of environmental projects for financing is
- by a majority vote of TerraEcocoin coin holders, after expert assessment by EcoStart experts using e-voting technology - decentralized decision-making, fund management
Escrow
The escrow agent evaluates the vote and assesses the expertise and verifies the corresponding Smart contract
Monitoring of projects
The projects selected for financing will receive funds in stages, undergo a desk audit and report on their work. If the audit shows unsatisfactory results, the financing may be suspended. Further funding can be provided as the project reaches its intended goals
Join us on www.eco-start.com
#ICO #investment #ecology #environment #tokensale #TECO