--News Direct--
By Gerelyn Terzo, Benzinga
In a major win for the cryptocurrency space, the U.S. Securities and Exchange Commission has decided to green-light a rule change that will pave the way for Ethereum ETFs. In response, the Bitcoin (BTC/USD) and Ethereum (ETH/USD) prices rallied, as market participants celebrated the long-awaited development that will help to thrust cryptocurrencies into the mainstream.
The regulatory watchdog’s landmark decision brings Bitwise Asset Management closer to launching its maiden spot Ethereum ETF. Bitwise CEO Hunter Horsley said the firm has been working toward bringing greater access to the crypto space for years. Another project that could be strategically positioned to benefit from the renewed excitement around digital assets is EcoAI Coin, whose roadmap is ramping up just at the right time.
EcoAI Coin is an Ethereum-based project that sits at the intersection of crypto and environmental sustainability. The team’s mission is to harness the strength of blockchain
and artificial intelligence (AI) for the advancement of environmentally friendly activities within the blockchain ecosystem. They also seek to offer solutions to ecological challenges associated with blockchain-related activities like Bitcoin mining.
Community Building
Before any blockchain project can make a difference in the world or bring awareness to a movement, it must develop a community of like-minded enthusiasts. Community building is especially important for a project like EcoAI Coin, whose mission involves delivering eco-awareness to the broader cryptocurrency industry. The EcoAI Coin team is in the process of building a global community that knows no boundaries as it seeks to make the blockchain industry a sustainable and ecologically responsible model.
EcoAI Coin is building its community through various channels, including education,
awareness, access to a marketplace, financial incentives and more. The project founders have implemented a culture to make community members feel empowered and engaged. To foster this environment, EcoAI Coin emphasizes knowledge building not only in the crypto industry but also around the environment.
On the marketplace front, the EcoAI Coin serves as a digital currency native to the project that enables transactions and supports environmental goals. Community members are incentivized to make “green choices” with rewards like discounts and bonuses.
Additionally, EcoAI Coin is strengthening its social media presence on platforms such as X, Facebook and YouTube. There, it shares project developments and touts its sustainability message, giving community members a chance to engage.
Partnerships And Collaborations
EcoAI Coin’s focus will shift to strategic partnerships and collaborations in the second half of the year. The blockchain project seeks to team up with other organizations with sustainable missions including renewable energy providers as well as technology innovators, in order to expand EcoAI Coin’s footprint.
This initiative also involves potential partnerships with mission-focused blockchain projects that have demonstrated a commitment to sustainability. By pooling resources and knowledge, EcoAI Coin, as well as other blockchain projects, increase their chances of driving growth and contributing to environmental protection.
EcoAI Coin says it plans to cast a wide net, including ties with Indigenous Native American people, whose connection to and care of the land are seeing them playing a leading role in sustainability.
EcoAI Coin Presale, ICO Launch And Ecosystem Expansion
EcoAI Coin is also preparing for its main event – its initial coin offering (ICO) in Q4 2024 in which it will sell 20% of its total supply of 2 billion tokens. The EcoAI Coin ICO will allow the public to purchase tokens as well as support its sustainability efforts while potentially profiting along the way if the coin rises in value. Sentiment around ICOs may be positive now that Ethereum has received the all-clear from U.S. regulators.
An ICO is a sale in which the project sells its tokens directly to the public online. Token holders can then hold onto those digital assets in hopes that they will appreciate in value over time or trade them on exchanges.
Leading up to the ICO, EcoAI Coin will launch a pre-sale of its token, which, according to the website, is coming soon. They also outline the steps by which supporters can purchase EcoCoin in the pre-sale as well as how to create a digital wallet in which to store the coins.
To express appreciation for early supporters, EcoAI Coin will also participate in crypto industry events known as air drops in which on occasion it will distribute free EcoAI tokens to its loyal fan base. Airdrops have been known to drum up a great deal of excitement around blockchain projects and help spread awareness about new coins.
All of the events surrounding the token sale will serve as the foundation for the further scaling of the EcoAI ecosystem and sustainability efforts. Developers are busy with the development of new features, services and partnerships that will help to define the EcoAI Coin for years to come.
The EcoAI Coin community can expect to receive regular updates through the publication of annual reports. These reports are intended to keep EcoAI Coin accountable for its environmental impact, carbon footprint and progress toward its sustainability goals.
Featured photo by geralt at Pixabay.
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.
Contact Details
Benzinga
+1 877-440-9464
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/heres-what-ecoai-coin-has-in-store-for-2024-and-beyond-300285950
