The new EMOVerse will soon be launched with a new roadmap
Extremely delighted on the occasion of the launch of EMOCOIN, the first Crypto Coin combined with utility services in India, Sachiin Sharma, Head of Marketing (South East Asia EMO DAO) said in a press release that EMOCOIN is the future of digital currency. While releasing the EMOPAY ROADMAP, he highlighted that EMOCOIN is a true democratization of digital currency that will allow individuals to participate in a decentralized economy allowing individuals and businesses to transact without trust, anonymously. and secure on a global scale, based on blockchain, cryptography and advanced technology. peer-to-peer technology. Explaining the roadmap in more detail, Sachiin Sharma said that the Emocoin ecosystem will enable users to have access to countless products and services that any individual needs in their daily life, including crypto wallets, exchange Currency, Web Browser, Exchange, Staking, Lending, Payment Gateways, Retail, Entertainment, Healthcare and many more. Emocoin, a futuristic digital product from EMO DAO with the brand name EMOPAY, is meant to attract smart people to move smoothly in the digital financial world.
For the first time, EMOPAY is the latest potential cryptocurrency. Counting the benefits, Sachiin Sharma said that Emocoin has no third-party risk; it’s transparent, fast and smooth; it does not require any capital reserve; it has secure management of deposits and in addition it has automatic execution of terms without mediators. Asked about the services that will be associated with Emocoin, Sachiin replied that the main sectors are education, e-commerce, real estate, travel and healthcare, among others.
As far as investors are concerned, staking Emocoin will be a magnificent way to increase an investor’s investment that would remain in their wallet. Once an investor has staked their Emocoin, they can earn staking rewards on top of their investments and grow them further by smartly compounding those future rewards. Speaking further, he said that Emo staking is very easy and accessible with the smallest investment and anyone can start the program by investing just 500 EMO which will add extra security to the system. Investors will surely be rewarded according to their tenure. Staked EMO can be used to provide loans to borrowers and help generate revenue for lenders, creating a revolution in the financial market.
“In fact, Emocoin is an upgrade that will include adding smart contracts to the Emocoin blockchain using Chain Key cryptography, a technology that removes the need to use a bridge,” Sachiin said in the press release. .
Recalling the journey of Emocoin, he said that the development of the EMO wallet started in September-December 2021 when Victoria (Mascot) was launched. During the same period, EMO Pay i.e. Third Party Payment Gateway Integration API started.
Focusing on the new roadmap, Sachiin Sharma excitedly explained the plans. In line with the new roadmap, EMO DAO will soon launch in May 2022 the prepaid mobile and DTH service recharge facility in India. He was extremely happy to share that the very first trial run would be conducted in India. In June, you’ll find EmoSwap, a peer-to-peer buy/sell facility, and the launch of the EmoPay Android mobile app. July 2022 will see booking flights, hotels, buses, trains, fastags and metro cards with LUCKY-7 an interesting game. With the onset of the monsoon, presales will begin for EmoValley, a decentralized mixed reality real estate project. Followed by this to amuse Emocoin owners, Emo Poker Game will be launched in September 2022. EMO DAO is about to launch EMO Swap (Exchange) and NFT Marketplace and the work in this direction is in full swing. This is going to be another futuristic explosion that might wow investors.
The quarter starting from October 2022 will see the purchase of gift coupons like Amazon or Flipkart gift coupons, and believe it, it will be another revolution in the digital world.
Sachiin said they are raising the Emocoin to such levels that no trading would be required. Calling this roadmap a 6-month roadmap, he said the onslaught of the next half of 2023 will inevitably see Blockchain by EMO DAO.
Before talking about the 2023 plans, Sachiin said his company believes in 100% currency usage which enables all of our products and services to bring credibility, accountability, agility and freedom to Emocoin owners who will be empowered to participate in decentralized economies.
“All transactions in the near future across all of our wallets will be through Emocoin, either directly or indirectly. We will work for continuous innovation and development to strengthen this bond and this will help us connect with our users and grow of the ecosystem,” Sachiin Sharma said confidently. Speaking again on EMO staking, he clarified that staking in Emobank is a program that involves buying and freezing EMO in the system for a specific duration where participants will be compensated by earning EMO based on their staking tenure.He further stated that by freezing these coins, participants will become part of the security framework of the organization and support the development of the project and will increase the value of the price of the currency.The EMO frozen in the staking program will be used to make loans to borrowers and generate income for pr ers, he reiterated.
Sachiin urged investors who have cryptocurrency to use it and do more. He advised them to lend the same to borrowers around the world with “borderless lending” and earn higher returns than typical bank deposits from peer-to-peer lending without geographic and economic constraints.
Highlighting the EMO lending platform, he said it is an online stage that allows investors to lend their crypto in exchange for mutually agreed interest between borrowers and lenders in a “smart contract “. Explaining further, he said that borrowers who need real liquidity, for example in USD or EUR, will take credit through these stages in exchange for interest. Likewise, he said, lenders, normally referred to as lenders, who have cryptocurrencies might want to earn easy income from them.
In conclusion, Sachiin Sharma said that the biggest challenge in the financial sector is the lack of trust. Since banking organizations are very strict in their lending procedure, the time, cost and hassle of obtaining a loan forces consumers to lend in the market. He said borrowers face high costs, complex procedures, lengthy approval processes, access to information, storage of personal data, reliability, access to funds, lack of transparency and strict lending criteria.
“It is time to listen to the consumer, appreciate their needs, understand their concerns and address them with SMART objectives. If we use the research at our disposal, embrace the latest technologies and combine passion with innovation , we can build a suite and service to better meet consumer demands. By bringing the core finance function to the blockchain, we can dramatically improve and future-proof the services, with the help of a smart contract,” said said Sachiin, calling it a huge opportunity.