ABSTRACT
The notion of Cryptocurrencies is relatively new, whereas the Market represented by Crypto is limited to a small community of people, who have a specific interest in this technology. The number of Cryptocurrency-Related Services offered nowadays in the Market is rather vast and it is in constant evolution. For an Entry-Level User, navigating within such a diversity is quite difficult: e.g. defining the high-quality services from the low, figuring out how they work, and how to take advantages from the opportunities that the Cryptocurrency Market presents.
European Crypto Bank aims to bring the Cryptocurrencies and the Blockchain products and services to the masses, by providing an easy-to-use one-stop-solution, that is suitable for individuals and businesses, regardless their level of experience, by respecting the Law Tax Rules in their own countries and by avoiding any case of Money Laundering.
What is ECB?
ECB stands for European Crypto Bank, European Crypto Bank (ECB) is building the first bank and trading platform to secure investments on cryptocurrencies market (Bitcoin, Litecoin, Ethereum, Ripple, Dash) on the blockchain.
How to make money on crypto currency Markets, by using a secure trading and an Exchange Platform, taking care of your domestic internal revenue services and converting your cryptocurrencies into all traditional assets without any risk of suspicion in Money Laundering. ECB's will be offering a secure cryptocurrencies exchange platform, liberalized and connected to the modern financial world. With ECB, anyone in the world should be proud to have made some money on a Crypto Exchange. We believe, we have a place in the Crypto World with a revolutionary offer, such as a Crypto Private Bank with all services that are supposed to be provided by a traditional private bank.
Detailed services ECB offers:
ECB Cryptocurrencies Trading and Exchange platform is a secured website to buy/sell or exchange cryptocurrencies and other currencies as US Dollars, Euros and other assets.
- Trading Exchange and leveraged services on cryptocurrencies and FIAT.
- Financial & Advices analysis on Cryptocurrencies by the Analysts team and I.A.
- I.A. AML & Compliance and Tax reporting
- I.A. and Human Tax Advisories.
- Robot Advisors able to understand humans and immediately respond with the best efficient, emotional and suitable attitude, just like a human advisor.
- Our target: To become a fully regulated Crypto Bank
With the implementation of our Robot Advisors (AI) and by offering a full research about Crypto Currencies, we reckon that we are offering a large and complete servicefor investors, including a training guide for all beginners in their own mother tongues.
The aim of ECB is to start a change within the Market, so that the wide range of non-technical customers could take advantage from the several opportunities that Cryptocurrency and the blockchain industries offer.
Why ECB?
The main problem for crypto investors is how to convert their crypto portfolios into all traditional assets, while facing a bank system that really appears hostile and unfriendly, towards the Crypto Eco-Sphere. ECB is determined in responding to this massive problem properly, by offering a secure trading multilingual exchange platform, by using our existing KYC and AML software (used over the last 9 years in our Wealth Management Business, by offering Tax Reporting for National Domestic Tax Revenue Services: France, Italy, Germany). With ECB, anyone in the world should be proud to have made some money on a Crypto Exchange. We believe we have a place in the Crypto World with a revolutionary offer, such as a Crypto Private Bank with all services that are supposed to be provided by a traditional private bank.
THE PROBLEM
The notion of Cryptocurrencies is relatively new, whereas the Market represented by Crypto is limited to a small community of people, who have a specific interest in this technology. The number of Cryptocurrency-Related Services offered nowadays in the Market is rather vast and it is in constant evolution. The main problem, in order to reach a mass adhesion, is the confidence in the Crypto Market. People want to invest in a secure and a confident market, be well advised and obtain responses about their financial situation and their fiscal locality.
SOLUTIONS
ECB aims to bring the Cryptocurrencies and the Blockchain products and services to the masses, by providing an easy-to-use one-stop-solution, that is suitable for individuals and businesses, regardless their level of experience, by respecting the Law Tax Rules in their own countries and by avoiding any case of Money Laundering. With the implementation of our Robot Advisors (AI) and by offering a full research about Crypto Currencies, we reckon that we are offering a large and complete service for investors, including a training guide for all beginners in their own mother tongues, (French, English, and Italian; afterwards German, Spanish and Portuguese will follow).
COMPETITIORS
There are several competitors on the Trading and Exchange Platform Market.
Nevertheless, our position on KYC/AML has enhanced, as well as our Premium Services: Tax Reporting, Juridical Assistance, Financial Analysis and Advices provide us with Research, analysis and Tax reduction. Some significant distinctions as to become a Global Market Player on the Cryptocurrency Market and Blockchain Industry.
Main Competitors are:
Cryptocurrency Exchanges: Coinbase, Kraken, Shapeshift, Poloniex, Bitstamp, Bitsquare, Paymium,
CoinMama, Gemini, C-Cex, Livecoin
TEAM
• Olivier FORGUES (President/CEO) - He was the ex UBS banker.
• Mikaël MISARD (Head of Development)
• Sandrine FAVRE (Head of Operations) - Ex UBS and BNP banker.
• Cyprian KOWALCZYK (Chief Technical Officer and Blockchain Specialist)
Token Metrics
• Token sale volume: 5,000,000 to 200 000 000 Euros
• Token Sales Volume during ICO: 7 936 507 to 345 414 463
• Total emission Volume: 15 873 014 to 677 283 261
• Sale Geography: Whole word except USA
• Price of the token upon sale: EUR 0,63
• Distribution of tokens: Crowd-sale members 51%
• iCO Website: http://europeancryptobank.io
• Web Wallet for buying tokens: http://europeancryptobank.io/inscription-ico
• Smart Contract: The address of the smart contract ETH 20 will be available before the beginning of the crowd-sale on the project website
• Payment Methods: BTC, ETH, ETC, LTC, XRP, DASH, BCC and FIAT
VERDICT
ECB is offering a secure trading multilingual crypto exchange platform that makes use of its existing K YC and AML software which makes use of robots to handle issues of compliance for all accounts opening and KYC.Imagine. ECB will also assist clients with tax reporting for national domestic tax revenue services.The European Crypto Bank has a good ideology behind it and most importantly a lot of experience. All of their team members have years of experience in various cryptocurrency and fiat financial sectors and bring their expertise to the table
REFERENCE
Website Link- https://www.europeancryptobank.io/
WhitePaper Link- https://europeancryptobank.io/wp-content/uploads/2018/01/WHITE-PAPER-EUROPEAN-CRYPTO-BANK-ICO-ENGLISH-25012018.pdf
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