ALL YOU NEED TO KNOW ABOUT ELECTRONIC PLATINUM (Swiss Made)
TOKEN DETAILS
NAME: ELECTONIC PLANINUM
SYMBOL: EPL
CONTRACT ADDRESS: 0xa4ef5964F146D2526c51Fc40CaA244E45Edce136
DECIMAL: 8
TOTAL SUPPLY: 20 MILLION
This is a sneak peek into the original state – of – the art white paper developed by the EPL team. The white paper is summarized to hand you all the details contained in the original version in a concise form. The information regarding the EPL project will be discussed under the following sub-headings:
Aim and objectives, Description and history, Progressive platinum backing and the EPL partners, understand my investment, EPL roadmap, token distribution, the epl team and community, and the Exchangers
AIM AND OBJECTIVE
The aim of the EPL project is to implement a technological revolution based on the blockchain to bridge the gap between the real and misconceptual virtual economy.
The objective is to take advantage of the cryptocurrency market and a decentralized peer – peer ERC-20 based platform to bring Platinum into limelight by using it as a medium of exchange. One would wonder why platinum and not gold or silver? The reason is not far-fetched as it all lies in the stability, durability and a very strong potential possessed by platinum and its diverse utility as a metal over both silver and gold, even though the latters have been and are still being used in the real economy today. It is due to the aforementioned that EPL is created to generate an alliance between platinum and the guarantee of foolproof stability with a 100% Swiss made real stock.
DESCRIPTION AND HISTROY
The ideal of EPL was born in September, 2017. The move to actualize the dream was enacted by the positive feedback from the community. The project was reviewed and redefined into a clearer, more precise and a realistic form in October 2017. This was when the project began to take its shape. The first EPL airdrop was launched on the 26th October, 2017 with over (One thousand) 1000 participants applying for the airdrop in less than 24 hours. Just the following day, the EPL telegram channel was created to bring the community together, that move saw over 500 members joining up within the twinkle of an eye. In order to manage the community, cryptofever (teamleader) had to recruit community managers from the group who are tasked with guiding new members and keeping the channel alive. In October 30, the team had gone from 3 to more than 10 people with diverse specialties (web-designer, community manager, team support manager, etc.) in order to competently manage the community and ensure smooth discharge of responsibilities through division of labour. In less than 72 hours, EPL tokens were distributed to over 1500 people who participated in the airdrop.
In November 2017, the EPL logo was designed (as a marketing strategy) by some of the creative members of the telegram community and were rewarded with free EPL. In this same month, series of moves were made by the team to get the token listed on some exchangers but unfortunately, there were some stumbling blocks and the token could not get on any exchange in that month. However, due to the resilient nature of the members of the team, the project was given a clearer picture and outlook by creating a state of the art website and new accounts on social media networks, the aftermath of this move saw EPL get a deal to be listed on the Dutch platform “NextExchange” with a massive vote cast by the community; just about the time the twitter channel grew to over 4000 followers. The exchange platform is to list EPL by Q1 of 2018.
In January 2018, the EPL token was rebranded from Ethereum platinum to Electronic Platinum (ePlatinum) and the token decimal was changed from 0 to 8 in a bid to simplify the conversion as well as any purchase made with EPL (in order to always be able to adjust the price). The coin was renamed electronic platinum for two major reasons:
Digitization of platinum value on the blockchain through an electronic mode
The use of Ethereum could portray the project as born out of mediocrity
The intention of the team was to make 1 EPL equivalent to 1 gram of platinum.
January 24, 2018; there was a full swap of the old EPL for the new and the arrival of EPL on NextExchange took place in the month of February (validation confirmed by the exchange itself). Other events as were laid down in the original version of the white paper and achieved by the team were as follows:
EndofJanuary&February2018: the team was working on the whitepaper + contact exchangers
March1st, 2018: EPL is officialy listed on Nextexchange (Betaversion)
March8, 2018: EPL is officialy listed on Forkdelta.
March12&13: 2018: Official release of white paper to the EPL community
March13&16: feedbacks + update of the whitepaper
PROGRESSIVE PLATINUM BACKING AND PARTNERS
One may wonder, what is platinum backing? The platinum backing is a minimum guaranteed price for each EPL in the form of precious metal quantified in grams by EPL and can be recovered in the form of precious metal via our partners and according to certain clauses (discussed in the original content). The essence is to:
Reduce the volatility related the to the crypto market
Allows the recovery of a guaranteed amount in platinum in case the crypto market crashes
Allow the EPL to increase the platinum guaranteed value with reference to the price of EPL in the crypto market
Give EPL and investors an edge over the other crypto currencies and the common fiat financial market.
Terms of Purchase of Platinum:
The purchase of platinum is based on the following table. Each value is set to be reached for at least 7 consecutive days to trigger the purchase of platinum that will be stored by partners. Each level reached will initiate a game to win the equivalent of 1 gram of platinum in EPL
EPL Price $ Platinum (oz) Marketcap % Backed Volume$ Gr platine/ EPL StockPlatine (Kg)
0.125 5.000 (177) 250.000 ~0.8% 50.000 0.00025 5
0.25 10.000 (354) 500.000 ~2.5% 100.000 0.00075 15
0.50 20.000 (708) 1.000.000 ~5% 200.000 0.00175 35
1.00 40.000 (1416) 2.000.000 ~12% 400.000 0.00375 75
2.00 80.000 (2832) 4.000.000 ~25% 800.000 0.00775 155
Extracted from the white paper 1.1
Understand My Investement
It was stated above that the sole aim of the EPL project is to bridge the gap between the physical and the virtual trading systems. One of the essentialities of this is that it allows EPL holders the avenue to earn in “platinum”. This implies that individual’s platinum quantity will vary with the price of EPL. The team is working on releasing a Swiss made “gram converter” app that will help with the conversions (the time for the release as well as its features can be found in the roadmap)
Partners: EPL is in partnership with famous and veteran suppliers of precious metals across the globe, some of which are:
Pamp: http://www.pamp.ch/ - Switzerland
Degussa Goldhandel: http://www.degussa-goldhandel.ch/en/index.aspx - Switzerland, Germany,& Spain
Mathieu Tournaire: https://www.philippetournaire.com/en/content/102-mathieu-tournaire-different-contunity - France
ROADMAP: In a simple and clear illustration, the EPL roadmap is portrayed below:
October 2017 _______ EPL launch
November 2017____ __First airdrop
January 2018________Rebranding
Q1 2018_____________Exchange -White paper - Development
Q2 2018_____________Platinum Mobile APP
Q3 2018_____________EPL Office
Q4 2018_____________EPL ATM
Each of the aforementioned in the road map is extensively discussed in the original version of the white paper
TOKEN DISTRIBUTION: EPL tokens would be distributed according to the underlisted allocations:
Partnerships, marketing, communication: 15% 3,000,000
Geneva stocks EPL 20% 4,000,000
Reserved for the EPL team 10% 2,000,000
Research, development & exchange fees 20% 4,000,000
Community (airdrop, bounty, presale) 15% 3,000,000
Locked until December, 2018 20% 4,000,000
Total 20,000,000
EPL TEAM and COMMUNITY
The EPL community is by far one of the most outstanding communities in the crypto space today, they’re not only a community of crypto – enthusiasts, but they in the interest of the project criticize constructively the moves and plots of the team and at the same time, they provide positive feedback. These have helped the team in making sound cognitive decisions in both the short and the long run. As at the time of documentation, the breakdown of the EPL community is highlighted below:
Facebook: 1400 and growing
Twitter: 4200 “ “
Telegram: 1700 “ “
Instagram: 200, and countless others in bitcointalk and the discord channel.
The EPL team is led by a realist and a visionary manager who believes in the positive potential of platinum and the blockchain to rewrite the history of the world’s economy, exchange and monetary system. The team members are well dedicated and focused towards making the ideals from which this project is born a reality.
Meet the Fantastic EPL Team
Chaouki Benghani – co-founder
Lionel Galland - co-founder
Johnny K - co-founder
Samuel Anjorin - Support Manager
Aurelien Chevrier - Asst. Manager
Sergio D - Graphic designer
Syrhil L. De Guzman - Administrator
Glenn Joseph Belenn- Administrator
Awosika Ayodeji - Administrator
EXCHANGERS: EPL is currently listed on: NextExchange, Forkdelta and are in negotiations with: Fatbtc, Dontoshi, Coinpulse, Lescovex, Idex and CoinExchange.
Useful Links:
Website: www.electronicplatinum.ch
Twitter Link: https://twitter.com/ePlatinum_swiss
Telegram Link: https://t.me/joinchat/GBThlk82Pmo5nXIEvqwvzw
Instagram handle: https://www.instagram.com/ethereum_platinum_official/
Discord link: https://discord.gg/pngRkY
Bitcointalk: https://bitcointalk.org/index.php?topic=2723915.20
Business contact: [email protected]
White Paper: https://t.co/QapvARHkpz
Seen on: https://www.forbes.fr/finance/crypto-monnaies-essentiel-a-connaitre-pour-investir-sereinement/