Important Points from EDRA’s White Paper
Hello, we are the EDRA team, the creators of a real cryptocurrency that will be used in the real economy. We are back again to talk more about EDRA. If you visit our website at edra.io, you can download and read our white paper. Currently, our white paper is in Korean, but we are working on an English version.
We repeat the phrase “a real cryptocurrency that will be used in the real economy” in our posts. It’s been ten years since Bitcoin emerged, and in those ten years, we have seen projects like Litecoin, Ethereum, Bitcoin Cash, and Ripple rise up. Each cryptocurrency serves a specific purpose, and EDRA brings something new to the table. EDRA’s goal is to become a real cryptocurrency that is used in the real economy.
Building a Wide Userbase
EDRA provides a mobile contents market for its users. The EDRA team is aware of the fact that there is high demand for a mobile contents market. Many consumers are already making use of this market. Statistics tell us that about 4 billion people are a part of telecommunications networks globally. And these people pay around 30 dollars per month on communications fees. This adds up to 120 billion dollars spent per month, and the global payment market amounts to about 900 billion dollars per year. As the data shows us, demand in the telecommunications market is extremely high. EDRA offers a more efficient and economical mobile contents market to build a wide userbase.
Rising telecommunications costs in a world that requires telecommunications
After Steve Jobs revealed the iPhone, we were thrown into an era of universal smart phone usage. Some even say that we cannot live without our phones. In other words, we cannot live without telecommunication. However, it is true that costs are burdensome. According to a survey conducted by the Green Consumer Network of Korea, 70% of all respondents believed that telecommunications fees were high relative to average expenditures.” EDRA is aware of the severity of this issue, and it is working to lower these costs, maybe even bring them to zero. When you as a consumer enjoy the contents on EDRA’s ecosystem, you are able to lower your fees. It’s a win-win ecosystem.
Mileage Points, the Accumulation of the Unusable
Whether we know it or not, we are accumulating mileage points in some area of our lives. Airlines give us mileage points when we fly somewhere. Our credit cards reward us with points, and telecommunications companies gift us with membership points. These points, our hidden assets, are oftentimes neglected and lost upon their expiration. EDRA’s system allows you to convert these points into EDRA, which narrows the gap between business mileage points and the real economy.
Enjoying Advertisements – Now a Reality
There are things that annoy us when we use our phones. They are advertisements. Whatever application you use, whatever website you visit, you are always exposed to ads. The advertisements that you watch and see do not reward you, but they benefit the application or website. However, EDRA is different.
Rising telecommunications costs in a world that requires telecommunications
After Steve Jobs revealed the iPhone, we were thrown into an era of universal smart phone usage. Some even say that we cannot live without our phones. In other words, we cannot live without telecommunication. However, it is true that costs are burdensome. According to a survey conducted by the Green Consumer Network of Korea, 70% of all respondents believed that telecommunications fees were high relative to average expenditures.” EDRA is aware of the severity of this issue, and it is working to lower these costs, maybe even bring them to zero. When you as a consumer enjoy the contents on EDRA’s ecosystem, you are able to lower your fees. It’s a win-win ecosystem.
Mileage Points, the Accumulation of the Unusable
Whether we know it or not, we are accumulating mileage points in some area of our lives. Airlines give us mileage points when we fly somewhere. Our credit cards reward us with points, and telecommunications companies gift us with membership points. These points, our hidden assets, are oftentimes neglected and lost upon their expiration. EDRA’s system allows you to convert these points into EDRA, which narrows the gap between business mileage points and the real economy.
Enjoying Advertisements – Now a Reality
There are things that annoy us when we use our phones. They are advertisements. Whatever application you use, whatever website you visit, you are always exposed to ads. The advertisements that you watch and see do not reward you, but they benefit the application or website. However, EDRA is different.
The advertisements you watch yield rewards for you. You can actually enjoy ads now.
EDRA, Changing the Future
EDRA implements a new blockchain technology to differentiate itself from other cryptocurrencies. EDRA introduces an entirely different mobile lifestyle, recreates the mileage system, and decentralizes the advertisement structure to benefit consumers. This is EDRA’s future.
** Visit Us! **
Homepage: www.edra.io
Facebook: www.facebook.com/edra.kor.94
Telegram community(English): https://t.me/edra_official
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