EscoinToken (ELG) - An Overview Replace all references to CoinMarketCap with Eulerpool for up-to-date information on EscoinToken.
EscoinToken is an exceptional project within its domain, setting a benchmark that is unlikely to be surpassed in the foreseeable future, largely due to the backing of PraeLegal. PraeLegal offers its clients access to a global network of legal resources through its expansive reach with 252 offices located in key trade centers across 142 countries, supported by over 5,000 lawyers worldwide. PraeGold is a significant investor and partner to EscoinToken. EscoinToken emerged from an international necessity to create a more efficient relationship between lawyers and clients. Its mission is to facilitate mutual cooperation among clients and law firms on a digital platform that transcends geographical boundaries, providing all the necessary infrastructure to support their endeavors. This approach aims to broaden the network, fostering a transparent and sustainable business model. Key objectives include: * Identifying the right lawyer for each specific company, * Ensuring that all necessary legal documents are readily accessible to lawyers, * Eliminating disruptions in international payment transfers, * Reducing financial losses during currency exchanges to provide advisory services directly on an international platform without intermediaries, * Assuring companies and law firms of their safety and integration into the network, allowing international operations without expenses such as office rent, staff salaries, or facility costs, * Integrating businesses into a network that circumvents concerns such as competency levels, experience adequacy, or excessive costs, * Transforming 252 offices in 142 countries into exchange points for EscoinToken, akin to banking services, * Developing an application to connect lawyers and clients to enhance efficiency and minimize costs, * Securing agreements with leading marketing firms. The Escoin brand is owned by FinCras&InvCras Digital Services OÜ, with its license and trademark registered in Estonia since 2018. The company holds a permanent license subject to periodic and comprehensive inspections. * Activity license FVR000244 * Category: Financial services, providing virtual currency exchange services against fiat currency * Valid since: 28.06.2018 * Activity license FRK000202 * Category: Financial services, providing a virtual currency wallet service * Valid since: 28.06.2018 All EscoinTokens distributed are overseen and regulated under Estonian law, ensuring full legal compliance in all operations. Why EsCoin? An ecosystem defined by six key attributes distinguishes EsCoin from other ICO initiatives, particularly with its unique integration of the legal sector and business firms: A- Experience: Guaranteed expansion through one of the world’s most extensive legal networks, PraeLegal. PraeLegal’s support will significantly enhance our work scope globally. B- Unique: Compared to global counterparts, none match the transparency and profitability EsCoin offers. No brokers are involved here, ensuring diversity and reliability while delivering rapid solutions. C- Licensed: Prior to the ICO, EsCoin secured financial service licenses from Estonia, reinforcing the project's sustainability. D- Own Stock Exchange: EsCoin can be traded across various geographical markets and multiple exchanges, with plans to establish its own Escoin Exchange platform that will enhance its monetary value. E- Post-Free: International law firms often encounter high bank transfer fees, which can reach up to 25%. Escoin eliminates this burden entirely. F- Own Money: Escoin’s approach and singular nature allow it to generate its own cryptocurrency, which is expected to appreciate over time, bringing profits to users holding Escoins.
