Other platforms "share" in Your revenue because they control the users
eBitome returns control to you, without asking for a Share of your revenue.
Now you control your social security.
Here is a look behind the scene...
A Ride Sharer, waiting out a slow period, books a ride through the eBitome map.
Spending a few dollars in gas they receive a charitable receipt, in the form of eBitom, at the market rate of the ride (let's say it's 30 eBitom)
They then may use eBitom on the eBitome.com map of Providers.
Nothing is split with eBitome as it is with other apps.
No cash is required at any step.
And the map is all new and captivated clients wanting eBitocoin.
Layer 2
eBitom transactions are made using open ledger that mines the native cryptocurrency, eBitocoin.
The actual validators of each transaction and miners of eBitocoin are computers known as, Nodes.
Nodes determine that a provider has the funds and/or the right to request a Share. If so, their transaction is aggregated with others into a block which they compete to add to the chain of blocks already on the eBitome ledger, Ie- blockchain. The Node that does this, earns eBitocoin from what is mined or created.
At creation, new eBitocoin is parsed between 'Soul-bound' for donors and the platform and 'Stable coin' listed to Decentralized Exchange (DEX).
To stabilize eBitocoin, the percent of supply to be soul-bound is adjusted up or down in order to balance with a Peg to, say, the USD.
When the value of eBitocoin rises above its peg, a lesser percent of newly mined coin will be allocated to soul-binding so the additional supply on DEX will cause the price to drop toward the peg.
Conversely, if the value drops on DEX, a greater percent will be parsed to Soul-binding and generate demand at DEX to increase the value of eBitocoin toward its peg.
All holders of eBitocoin may vote in managing how resources are spent. The only imperative is that funds be used to design and build benefits in social security.
In layer 2, providers, as 'members' of the Decentralized Autonomous Organization (DAO) of eBitome.com, have soul-bound coin to participate, by vote, in management of the platform as well as, redeem the social benefits they have helped design and build.
While the coin bound for DEX has been placed in a Liquidity Pool to farm funds necessary in building benefits for members. This DAO might act as replacement to current social security systems. It might even provide much more than presently made available.
eBitome returns control to you, without asking for a Share of your revenue.
- Shared Goods and Gigs are Free on eBitome
- Transactions mine new, eBitocoin, which is soul-bound to you
- Use eBitocoin to vote and create social benefits
Now you control your social security.
Here is a look behind the scene...
A Ride Sharer, waiting out a slow period, books a ride through the eBitome map.
Spending a few dollars in gas they receive a charitable receipt, in the form of eBitom, at the market rate of the ride (let's say it's 30 eBitom)
They then may use eBitom on the eBitome.com map of Providers.
Nothing is split with eBitome as it is with other apps.
No cash is required at any step.
And the map is all new and captivated clients wanting eBitocoin.
Layer 2
eBitom transactions are made using open ledger that mines the native cryptocurrency, eBitocoin.
The actual validators of each transaction and miners of eBitocoin are computers known as, Nodes.
Nodes determine that a provider has the funds and/or the right to request a Share. If so, their transaction is aggregated with others into a block which they compete to add to the chain of blocks already on the eBitome ledger, Ie- blockchain. The Node that does this, earns eBitocoin from what is mined or created.
At creation, new eBitocoin is parsed between 'Soul-bound' for donors and the platform and 'Stable coin' listed to Decentralized Exchange (DEX).
To stabilize eBitocoin, the percent of supply to be soul-bound is adjusted up or down in order to balance with a Peg to, say, the USD.
When the value of eBitocoin rises above its peg, a lesser percent of newly mined coin will be allocated to soul-binding so the additional supply on DEX will cause the price to drop toward the peg.
Conversely, if the value drops on DEX, a greater percent will be parsed to Soul-binding and generate demand at DEX to increase the value of eBitocoin toward its peg.
All holders of eBitocoin may vote in managing how resources are spent. The only imperative is that funds be used to design and build benefits in social security.
In layer 2, providers, as 'members' of the Decentralized Autonomous Organization (DAO) of eBitome.com, have soul-bound coin to participate, by vote, in management of the platform as well as, redeem the social benefits they have helped design and build.
While the coin bound for DEX has been placed in a Liquidity Pool to farm funds necessary in building benefits for members. This DAO might act as replacement to current social security systems. It might even provide much more than presently made available.
eBitome
It Pays to Share
