EMCO Network Unlocks Blockchain’s Power for Precious Metals Industry and Financial Inclusion – Press Release


Press Release

EMCO Network is a pioneering entrepreneur project poised for a revolution in digital and financial landscapes, leveraging the unique combination of real-world expertise in precious metals sectors and artificial intelligence.

Addressing the needs of users with low socio-economic backgrounds, the goal is to create a platform that allows users to take advantage of their digital identities and generate financial opportunities, all while encouraging organic online interaction. The project’s robust and sustainable revenue model is built on its strong foothold in the precious metals industry.

EMCO Network’s blockchain strategy is designed to bring a new level of transparency, tracking, and authentication to the precious metals sector. This initiative aims to overcome the industry’s inability to share sensitive information on a public ledger due to risk factors such as cargo interception. EMCO is responsible for ensuring the integrity and safety of the cargo. The transparency of the goods and their validation will be beneficial to all parties.

The deployment of Blockchain Distributed Ledger Technology (BDLT), will give birth ENERD. Software as a Service (SaaS), rewards system and a Defi platform. This ENERD initiative will enable users to gain access to the ENERD Dashboard/App and request a small task. The ENERD is a proprietary software that assigns micro-tasks to its users based on AI analysis of data collected from connected platforms. Users who complete tasks designed to promote organic involvement will receive $EMCO tokens which they can sell or stake in the marketplace.

The Defi platform offers fixed APYs and the opportunity to trade tokens for RWA Non-Financial Tokens. Users can redeem assets as coins, rounds or bars depending on value. Gold, Silver, Platinum, Copper and Select Gemstones. The investment can be held for safekeeping and redeemed via secure courier. KYC for courier redemption is subject to the value denoted in the user’s local jurisdiction and the country’s custom declaration laws.

Locally, around the world, local exchanges are being set up that allow users to trade their digital assets in for physical assets with trusted bullion dealers. The ability to easily convert into a physical asset class that can be used in local economies will enable users to benefit from the conversion.

EMCO offers a secondary market for users who want to bid on NFTs. A buyer could bid $10,000 and receive a discount of 3% on the purchase. Their USDT will be sent to the smart contracts and held. The smart contract will then complete the transaction by sending the tokens or NFTs to both parties. Both buyers and sellers have the option to post offers at their desired prices, creating a dynamic ecosystem.

The project’s tokenomic structure and revenue model are built around trading precious metals on a B2B level. EMCO Network has direct contracts with precious-metal mines, refineries and government sector clients. The project will buy back $EMCO tokens with 40% of its profits, creating a loop of sustainability for the ENERD platform. A further 10% will go into the treasury. Outside liquidity from the business profits ensures that the growth of tokens and their APY offerings is supported by realized gains rather than hypothetical market returns.

Our team is composed of seasoned professionals who have an average of twenty years’ experience in a variety of fields including precious metal sourcing and blockchain-related technology. This multicultural and diverse team is committed to creating value for the society and community.

For more information you can contact:

Twitter: https://twitter.com/EMCO_Network
Whitepaper: https://emco-network.gitbook.io/emco-network/
Telegram: https://t.me/EMCONetwork
Contact Details:
EMCO Network
Contact Email: contact@emco.network
Website: www.emco.network

Image Credits: Shutterstock, Pixabay, Wiki Commons

This is a news release. Readers should do their due diligence on the company and its affiliates before they take any action. Bitcoin.com will not be held responsible for any damages or losses caused directly or indirectly by the use or reliance of any goods, services or content mentioned in this press release.

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