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About EscoinToken
Key Points
- EscoinToken (ELG) is a unique project with the support of PraeLegal, a network of 252 offices in 142 countries with over 5,000 lawyers.
- The purpose of Escoin is to provide a digital platform for lawyers and clients to cooperate and conduct business transparently and efficiently.
- The Escoin brand is owned by FinCras&InvCras Digital Services OÜ, licensed and trademark registered in Estonia since 2018.
- Escoin has two activity licenses: FVR000244 for financial services and FRK000202 for virtual currency wallet services.
- The Escoin ecosystem has 6 key features: experience, uniqueness, licensed, own
Introducing EscoinToken: A Pioneering Cryptocurrency Venture
Introducing EscoinToken (ELG): A Comprehensive Overview
EscoinToken is a pioneering project in its field, unlikely to be replicated anytime soon. This distinction is largely attributed to its esteemed partnership with PraeLegal, a global legal powerhouse boasting an extensive network of 252 offices in 142 countries, with over 5,000 lawyers at its disposal. PraeGold, a significant investor and partner, has also thrown its weight behind this innovative venture. Born out of a pressing international need, EscoinToken seeks to revolutionize the way lawyers and clients interact, fostering a more productive and efficient collaboration. By transcending geographical boundaries, Escoin aims to establish a digital ecosystem where clients and law firms can engage in mutually beneficial cooperation, thereby creating a more transparent and sustainable business model.
Additionally, the platform offers the following benefits: finding the ideal lawyer for a company, ensuring the swift and effortless provision of all requisite documents to lawyers, eliminating interruptions in international payment transfers, and minimizing exchange-related financial losses. Furthermore, it provides consultancy services without intermediaries on an international scale. This platform aims to instill a sense of security and belonging among companies and law firms, enabling them to conduct international business without incurring expenses such as office rent, dues, secretarial salaries, and other overhead costs. By joining the network, companies can avoid concerns such as “Do they possess sufficient competence?” or “Are the costs too high?” The platform will establish 252 exchange offices in 142 countries, effectively functioning as banks for EscoinToken. The forthcoming app, which connects lawyers with clients, will ensure maximum efficiency and minimize costs. Notably, agreements have been reached with leading marketing companies.
The Escoin brand is owned by FinCras&InvCras Digital Services OÜ, which holds a permanent license and trademark registration obtained from Estonia in 2018. Our company’s license has undergone rigorous, long-term, and periodic inspections, ensuring its validity and credibility.
- We hold two esteemed activity licenses: FVR000244, which enables us to provide services for exchanging virtual currencies against fiat currencies, and FRK000202, which permits us to offer virtual currency wallet services. Both licenses have been valid since June 28, 2018. Furthermore, all EscoinTokens in circulation are subject to stringent control and supervision, ensuring full compliance with Estonian laws. Our processing is entirely legal and transparent.
Why EsCoin? Ecosystem in 6 Steps: The primary differentiator that sets EsCoin apart from other ICO projects is its unparalleled fusion of the legal sector with firms, a unique synergy that has no equivalent globally. A-Experience; Guaranteed growth is ensured through the expertise of one of the largest legal networks worldwide, PraeLegal, which will rapidly expand our operational scope across multiple countries. B-Unique; Unlike similar formations, EsCoin boasts unparalleled transparency and lucrativeness, eliminating intermediaries and offering diversity, confidence, and swift solutions. C-Licensed; Notably, EsCoin acquired the necessary licenses, including cryptocurrency, wallet, and exchange licenses from Estonia, prior to the ICO, underscoring the project’s continuity. D-Own Stock Exchange; EsCoin will be tradable across diverse geographies and multiple stock exchanges, including its proprietary EsCoin Exchange platform, thereby appreciating in value. E-Post-Free; A significant advantage is the elimination of transfer fees, a major hurdle faced by international law firms, with bank transfer costs reaching up to 25%. F-Own Money; The project’s continuity and uniqueness will drive the value of EsCoin, a self-produced cryptocurrency, which will appreciate over time, generating profits for users who hold EsCoins.
What Is the Circulating Supply of EscoinToken?
A cumulative total of 250 million units were produced in January 2019. Of this production, 170 million units are slated for incineration, with 10 million units already burned on July 15, 2021. The dates for future burnings will be announced 15 days in advance. Meanwhile, 80 million units are earmarked for circulation, allocated across various channels, including advertising and marketing, partnerships and consultancy, software development, and staff compensation. To date, a total of 35,352,392.58 ELG units have been successfully introduced into circulation. It is worth noting that all EscoinTokens in circulation are subject to stringent control and supervision, in full compliance with Estonian laws, ensuring the legality of our entire processing operation.
Acquiring EscoinToken (ELG): A Comprehensive Guide
Escoin Token (ELG) is listed on prominent exchanges, including Dex-Trade (
https://coinmarketcap.com/tr/exchanges/dex-trade/
), Escoin Exchange, Bankcex (
https://coinmarketcap.com/exchanges/bankcex/
), XT.COM (
https://coinmarketcap.com/tr/exchanges/xt/
), and numerous other exchanges and swap platforms.