Hello, we are the EDRA team, the creators of a real cryptocurrency that will be used in the real economy. We will be introducing to you EDRA’s ecosystem and the EDRA coin.

Today, I wish to share with you EDRA’s mobile ecosystem.

The EDRA ecosystem consists of three parts:

The mobile mining ecosystem

The platform ecosystem

The cryptocurrency finance ecosystem.

Each ecosystem is connected with another, but they simultaneously function as independent ecosystems.

The Mobile Mining Ecosystem

EDRA’s mobile mining ecosystem allows you to mine with your smart phone and other mobile devices.

Existing cryptocurrencies had a system of mining with PCs, but now, they use mining equipment, such as ASICS, to mine. For this reason, mobile mining may seem a bit foreign to you. Some of you who have tried mobile mining may have experienced your phone overheating or your battery dying quickly. You may have some doubt about the effectiveness of mobile mining.

However, EDRA is different.

Let’s think about this in a different light. Other cryptocurrencies have a mining system in which verification is done mathematically, but we’ve created a mobile mining system that anyone can use.

Let me explain EDRA’s non-mathematical mobile mining system.

EDRA does not require expensive mining equipment or a larger stake of coins. It is different from other cryptocurrencies that have a high barrier to entry.

Whoever possesses a smart phone can participate in mining and benefit in this ecosystem.

This is EDRA’s unique mobile mining ecosystem.

The Platform Ecosystem

Mobile mining is connected to the contents people enjoy on their phones in their everyday lives. For example, mining is connected to watching movies, downloading music, reading comics, and playing games.

These kinds of user activities become connected to businesses’ desire for advertising their products. This in turn creates a market that gives businesses a better advertising effect, which then contributes to the formation of a new, very effective platform.

Because my activities can lead to a profit, more users will join, and the more users there are, businesses will see a better advertising effect than they would see in other markets. Because of this, more businesses will participate in this ecosystem, and more businesses means a higher profit for users. This will lead to a win-win situation for users, businesses, and EDRA’s platform.

The Cryptocurrency Finance Ecosystem

If we look at the word “currency” in “cryptocurrency,” we can see that cryptocurrencies must be used as a means of payment, similar to the way cards are used to pay for things.

VISA’s network in the U.S.A handles about 1,700 payments per second, while Bitcoin processes about 7,000 per second.

EDRA’s real time notification service improves the “payments per second” problem that exists with current cryptocurrencies. By creating a new block every 10 seconds, fast transactions have become a reality, and by implementing a three-tiered verification procedure, we have developed a safe system.

Furthermore, cryptocurrencies require a transaction fee. EDRA has zero. This means transactions can be made not only within Korea but also to places all around the world. Merchants who have trouble registering with card services or have to bear the burden of high fees can use our finance platform to make payments. By providing merchants with this service, we hope to contribute to the economy and grow as a finance platform.

Conclusion

Today, we introduced to you EDRA’s ecosystem.

People tend to like the things they are accustomed to. We are uncomfortable with things that are different. To develop something new, to think differently is not an easy road to take. It is controversial to think differently of something that we accept as normal, but it is something we must do in order to move forward.

We have rejected the idea that mining cryptocurrencies should require mining equipment and a lot of money. Anyone and everyone can mine with EDRA.

EDRA will develop this blockchain ecosystem to make its vision a reality.

Keep an eye on EDRA, and we won’t let you down.