E3hubs, the largest incubation hub in South East Asia, is embarking on a grand blockchain project by creating a global digital economy platform that is powered by its native token, E3T. The platform will enable E3hubs entrepreneurs to perform all forms of economic activities that will create economic value that might rival the GDP of some countries.
E3T can be used in the following areas, and the list is not exhaustive.
E3T as an Internal Cryptocurrency of the E3 Platform
E3T will be used as an internal cryptocurrency to pay for events, mentoring services, and training courses. It is borderless because all the aforementioned transactions can happen on a global scale. For example, a coach can create an online mentoring service or a webinar on the E3 platform, and members from any part of the world can pay for the service using E3T.
Besides that, E3T can be used for E2C transactions and E2E transactions, where members buy goods and services from physical outlets owned by members.
E3T as Payment for O2O Marketplace
E3T can be used as payment for the O2O marketplace. Members can buy things on the e-commerce marketplace and pay by COD mode via the E3 mobile POS terminal.
E3 Global Marketplace
The E3 blockchain platform is not only minting tokens but also includes a global E3 marketplace that allows members to trade digital and non-digital products and services, and pay by E3T via E3 payment gateway. Transfer of asset ownership will be done based on smart contracts and it can be tracked and traced using E3T block explorer to avoid dispute.
Cross-border Money Transfer and Payment
E3 digital platform will facilitate cross-border money transfer and payment. Cross border money transfer can be conducted using E3T by reducing many intermediaries, thereby saving cost and time. We will make the cross-border money transfer seamless using E3 mobile POS app, just need to scan the QR code and pay. This will further enhance E2E trading among members of different countries。
By leveraging on the E3T PoA network, members can create all kinds of dApps using smart contracts and trade them on the E3T platform and transact using E3T. Besides, the E3T tech team will develop a dApps builder in the future so that members can create any dApp without having to learn how to code smart contracts. Therefore, the usage of E3T can be further enhanced through dApps creation and trading.
Sharing Economy Powered by E3T
Sharing business models such as Airbnb-style office space sharing, ride-sharing, carpooling, etc all can be done using E3T.
E3T Tokenized Asset Trading Platform
Expensive assets like property can be tokenized and sold on E3 tokenized platform using E3T as a medium of exchange.
Using E3T for P2P lending
A member can request a microloan in the form of E3T from another member on the E3 P2P lending platform. Approval of the loan can be executed based on the smart contract.
Using E3T for Equity Crowdfunding
E3hubs will set up an ECF platform by partnering with some ECF players like FundedbyMe and CrowdPlus.Asia for members to raise funds via the platform using E3T. Matching is done automatically using the smart contract based on certain terms and conditions.
E3T Multifunctional Wallet
E3hubs will develop a multifunctional mobile wallet that comes in iOS and Android versions. It can perform the following functions:
- Create an account (keys+address) and store it securely, transfer funds and make payment (can accept different types of cryptocurrency or tokens)
- Token swap function
- Market watch function
- Get a reward for recommending a friend
E3hubs is committed to making E3T one of the top utility tokens in the world and will strive to build E3 into the world’s largest digital economy platform for entrepreneurs.