Introducing
Today, the primary global challenge with all messengers is controlled centralization. At this moment, social communication is presented in such a way in which the vast majority of companies who possess messengers have total control of your data. Based on observation on how pressure is exerted from state institutions, as well as commercial organizations, these entities force messengers to close communication channels based on ideas they don’t share or information they prefer not to be disclosed. Thus, it is impossible to predict which actions they might take in future which can affect operations. Therefore, there is no feasible option to avoid regulated control of your communications.
The solution to this global challenge is decentralization. By building an independent data distribution system, we create a genuine opportunity to communicate with each other freely. Closing one or more servers should not affect the whole system. Even if entire countries or continents go offline, you favorite messenger must keep working.
The solution to this global challenge is decentralization. By building an independent data distribution system, we create a genuine opportunity to communicate with each other freely. Closing one or more servers should not affect the whole system. Even if entire countries or continents go offline, you favorite messenger must keep working.
What is e-Chat?
e-chat is a messenger app using p2p, blockchain and IPFS. This powerful combination of technologies allows it to be truly independent from governments, a point that’s especially important in countries where the government does not value your privacy.
But it’s not just a messaging app, e-chat is also a multi-currency crypto wallet that allows users to send money to each other via the app.
See the full announcement on bitcointalk.
e-Chat incorporates all the best :
Awesome Messenger (chat, audio, and video calls)
Personal Finance (receive, transfer and exchange money using integrated multi-currency crypto-wallet or attach your credit card to pay for goods and services)
Best viral content
Ultimate Privacy and Security
Great Sustainability
Our goal is to create a methodology of communication which does not depend upon servers online or government decisions. We provide a high level of privacy and best security for your data, at the same time, offering the most convenient functions for the community.
e-Chat Messenger has all standard functions such as the transmission of text, images, voice, video, files, stickers, secret chats, etc. but also offers these unique features :
SCREENS. Swipe left or right to switch between chats, rooms, and channels
Use bots. The e-Chat platform allows bots for a variety of tasks
Confidentiality. All data is encrypted with MTProto and diffused over the network of millions of computers around the globe
Security. The highest level of security and privacy is provided by proofof-replication and proof-of-spacetime consensus, as well as with a robust codebase
2. Finance
Monetize your social profile with paid chats and ads via integrated cryptocurrency — e-Chat coin.
Earn on your content and generate revenue from likes.
Send tips to friends. Excellent posts, jokes, or comments can be praised with a small tip.
Create channels for your business. Promote your brand and generate sales. Receive payments and send rewards with ECHT.
Store and transfer funds in internal (ECHT), and popular cryptocurrencies like ETH, BTC, LTC, ZCH, etc.
Deposit cash in USD
VISA, Mastercard, Alipay and UnionPay merchants connected so you can pay anywhere in the world.
3. High-Quality content
Find exciting channels and chats using keywords. Then subscribing to them.
Select only high-quality content based on the channel rating.
Limit users of your conversation or channel making access to it paid
Possibilities
From all the apps I’ve seen come by lately, e-chat is definitely one of the most promising. We all use messenger apps, but I don’t think I’ve seen one where I could easily send some cryptocurrency to other people. In China this is already a regular thing, but in most of the western world it’s still a hassle to send money to other people. Especially for small amounts (dinner or drinks with friends, for example) it would be great to pay this via crypto through an app that I can just pull up while still at the table.
The best part? It’s already available on iOS & Android!
HOW IT WORKS?
When you send a message from one user to another, you connect through a P2P connection. If the instant access to data is not required, all information is being stored to the IPFS-based decentralized storage network (DSN). Thus, all user data remains protected from any interference.
For the safety of sent messages and users, following our principle of the Proof of Storage algorithm, there is a place for the distributed storage of information to be kept safe. Users of e-Chat can independently set the time for storing messages.
To secure the operation of the blockchain, e-Chat stores the «URL» of message or file directly to IPFS.
PROTOCOL OF ENCRYPTION
We are using MTProto — the best encryption algorithm, which was developed by the creators of Telegram. This protocol has the following features :
High-level component (API query language): defines the method whereby the API queries and responses are converted to binary messages. Cryptographic (authorization) layer: defines the method by which messages are encrypted before being transmitted through the transport protocol.
Transport component: defines the method for the client and the server to transmit messages over some other existing network protocol (such as http, https, TCP, UDP).
DECENTRALIZED SOCIAL NETWORK
By giving a tip to any person who you like, you motivate them to publish high-quality content. The reward for doing so is to instantly receive a cash reward.
This function will be of particular interest to those who like to offer small gifts or compliments to their relatives and acquaintances. This is cool indeed and so easy with e-Chat to send a small but fulfilling reward for the efforts of a person.
MULTI-CURRENCY WALLET
e-Chat is a multitask messenger with the possibility to make P2P (person-toperson) transfers in cryptocurrency.
ICO e-Chat is a multitask messenger with the possibility of P2P (person-toperson) payments using ECHT token. It is created on the Ethereum blockchain, maintaining the ERC20 standard.
e-Chat will be implemented on a public Ethereum blockchain as an ERC20 token of Ethereum blockchain. ERC20 is the current industry standard for the emission of digital assets and smart contracts. The ERC20 token interface allows you to deploy a standard token which is compatible with the existing infrastructure of the Ethereum ecosystem, including development tools, wallets, and exchangers. The ability to deploy Ethereum turing complete smart contracts without any mediator (guarantor) which supports the implementation of a complex cryptocurrency issuance, financial agreements, and automated incentive structures. This ecosystem is ideal for e-Chat function and multicurrency wallet, allowing you to make transactions using ECHT token, as well as the most popular cryptocurrencies — ETH, BTC, LTC, ZCH, etc. An additional benefit is a minimum commission between the interlocutors, all with a single click.
Payments made using ECHT token can be sent without any commissions.
On top of that, the e-Chat wallet provides the opportunity of depositing money in USD and then withdrawing them via VISA and MasterCard.
e-Chat — real freedom
Decentralized messenger uncontrollable to any government of the world using p2p, blockchain & IPFS
Multi-currency crypto wallet which can not be disabled or monitored
Application is temporary available in the AppStore and PlayMarket.
Tokens Distribution
This amount is based on the fact that in 2017 the messengers market has 3.5 billion users. Moreover, we know that all popular instant messengers suffer considerably from one common problem — monetization. e-Chat creates a new integrated model, allowing for the use of all messenger functions for free, as well as to earn money and make purchases. Thus, we create the infrastructure to monetize the project efficiently. It includes areas for communication, streaming, blogging, financial transactions, data transmission, telephony, integration of mobile games, and applications.
Token Detail
Token distribution phase #1 Pre-ICO
Start date : 16th of October 2017 (12:00 PM London Time, GMT-0)
End date : 15th of November 2017 (12:00 PM London Time, GMT-0)
e-Chat tokens distribution cap (phase #1) : 5,000,000 ECHT
Currency accepted : ETH, BTC, LTC, ZEC, BTS
Token exchange rate : 1 ECHT = 0.7 USD
Amount of tokens per one person : unlimited
Minimum transaction amount : $10
Maximum transaction amount : unlimited
Token distribution phase #2–3 ICO
Start date : 16th of November 2017 (12:00 PM London Time, GMT-0)
End date : 30th of December 2017 (12:00 PM London Time, GMT-0)
Currency accepted : ETH, BTC, LTC, ZEC, BTS
Amount of tokens per one person : unlimited
Minimum transaction amount : unlimited
Maximum transaction amount : unlimited
Token distribution phase #2 ICO round 1
Start date : 16th of November 2017 (12:00 PM London Time, GMT-0)
End date : 15th of December 2017 (12:00 PM London Time, GMT-0)
Token exchange rate : 1 ECHT = 0.75 USD
Token distribution phase #3 ICO round 2
Start date: 16th of December 2017 (12:00 PM London Time, GMT-0)
End date : 30th of December 2017 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 0.8 USD
Meet The Team
Bounty time!
As with most new tokens, there are quite a few bounties available. Let me start by saying that for participation you must be a registered member on their website and be part of the telegram chat (join here), with that said let’s have a look at some of the bounties.
e-chat has options that are similar to most, Facebook, Twitter, Articles, Translation, Moderation & Telegram. I’d like to highlight that the requirements for the Facebook & Twitter are actually not that stressful. Most bounties require you to post at least 5–10 per week for the duration of the bounty program, where e-Chat does not have a weekly minimum requirement. There is a minimum amount of tweets/posts you have to do, so make sure to check that out before starting.
Highlight: Translate the whitepaper
Usually it’s the video that’s highlighted, but for e-chat there’s no visible reward for videos. So instead I’ll highlight the possibility that the whitepaper still lacks some translations, and a whopping 2000 ECHT is offered for a translation of it! While the whitepaper is pretty lengthy at 38 pages, it’s definitely worth it if you’re into translating.
Highlight 2: Signature
Yeah 2 highlights this time, because the signature bounty has some serious rewards attached to it. For this you need a bitcointalk.org account that’s at least a Jr. Member or higher, but the rewards are as followed:
● Junior Members: 40 ECHT per week.
● Members: 60 ECHT per week.
● Full Member: 120 ECHT per week.
● Senior Member: 160 ECHT per week.
● Hero Member: 210 ECHT per week.
● Legendary Member: 250 ECHT per week.
There are some strict requirements, such as a minimum post count and a minimum quality of posts, but this looks like it’s most definitely worth it.
What do you think?
So far, this is my favorite application of the blockchain technology that I have seen. The possibilities are huge and it could make the usage of crypto way more widespread a lot faster. What do you think? Let me know!
For Detail Information, You Can Visit :
Website : https://ico.echat.io/
Telegram : https://t.me/ico_eChat
Slack : https://e-chatico.slack.com/join/shared_invite/enQtMjU2NTYxMjQ4OTQ5LWY0Yzc5Yzc3MDg5Yjc1NDVhNTQ5ZmFkNjE3ZGJjMjUwYzkzZWZmZjkyYjNiMDQ1MGIzZDc1Y2YzYzc3OTUzNzE
Facebook : https://www.facebook.com/icoechat
Twitter : https://twitter.com/e_Chat_ICO
Reddit : https://www.reddit.com/user/e_Chat
Medium : https://medium.com/@icoechat
Steemit : https://twitter.com/e_Chat_ICO
Created By : Danny_yell
https://bitcointalk.org/index.php?action=profile;u=1273420
My Eth Adress :0xa93d23c01d07e5b42f37013843609cf7b759badd
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