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EcoFi

ECO
Official links

News

Ezeebit Aims to Transform African Commerce with Stablecoin Payments

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Ezeebit aims to revolutionize African commerce by enabling retailers to accept stablecoin payments and receive local currency promptly.
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Ayman Ben Youssef

Ezeebit Secures $2 Million to Expand Stablecoin Payments in Africa

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Ezeebit, a new payments business, has raised $2 million in venture investment to enhance its stablecoin payment solutions across Africa.
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Tando Nkube

XRP Ledger Foundation Updates Unique Node List

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The XRP Ledger Foundation has announced an update to the Unique Node List (UNL), removing one validator due to nonresponsiveness.
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Kofi Adjeman

XRPL Version 300 Released with Key Improvements

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RippleX has announced the release of XRPL Version 300, which includes several core ledger improvements and a fix for the Token Escrow bug.
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Satoshi Nakamura

What is EcoFi?

EcoFi is an open-source, permissionless, and censorship-resistant protocol built to power safe and responsible innovation in the Decentralized Finance (DeFi) space. The EcoFi protocol is designed to equitably disburse value among system participants through a unique infrastructure hinging on infinite scarcity, made possible due to the unique mechanics of EcoFi's distribution mechanism. This is achieved by staking ECO tokens through the EcoFi protocol to mint SPRT tokens. SPRT tokens can be used to purchase digital goods from an ecosystem connected to the EcoFI Platform comprising numerous marketplaces. The first such marketplace will be the HyperObject FINE ART NFT Gallery, a one-of-a-kind digital art gallery featuring FINE ART NFTs backed by distinct physical editions. Once the marketplace is sufficiently stable, EcoFi will transition to a DAO governance model.

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