Photo - Economy Token
54704

Economy Token

Austria
Market: Financial services
Stage of the project: Prototype or product is ready

Date of last change: 28.10.2021
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Idea

Economy Token offers a stablecoin that is tied to the global economy, allowing crypto-swing traders a safe haven for their profits with return.

Current Status

Economy Token is currently in the research and development phase. The team is close to completing the MVP (2-4 weeks). At the same time, they have already started to prepare the legal basis for applying for all the necessary licenses. In addition, they are currently working intensively on new contacts to helpful personalities.

Problem or Opportunity

Crypto-Swing-Traders cannot safely and profitably secure profits.

Solution (product or service)

Economy Token offers a stablecoin that is linked to the global economy, which makes a return through the constantly growing global economy. In this way, Economy Token creates a safe haven for profits and generates returns at the same time.

Business model

Economy Token awards its clients the entire increase in value of the ETFs, but the dividend is not paid out and is retained as income. This means Economy Token gets the dividend of the total paid-in capital.

Incubation/Acceleration programs accomplishment

The Incubator program by Herbst & Kinsky
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