Deals and contracts have always been plagued with problems which lead to legal actions all over the world. It’s usually due to a party reneging on a contract already made. Problems like this have led to the involvement of third parties in contracts which are mostly just looking out for themselves and aiming to make a profit. The traditional contract has so many issues ranging from the length of time to complete audits to tampering with contracts.
Since the blockchain technology has been introduced, we’ve observed a total revolution in the tech space and other sectors connecting to tech like finance, medicine, sports, and so many other sectors. One of the best impacts blockchain has had on the business world is the implementation of smart contracts. A smart contract is a contract in which terms of negotiation are set and cannot be changed nor altered by either party. Smart contracts have a lot of advantages like transparency, execution of payments at later dates for services, reduction in legal cases concerning contracts and so much more.
However, in the crypto space, the existing platforms that allow for the creation of smart contracts are structured only for tech-savvy people. This is exactly where Ethereum Limited comes into play.
Ethereum Limited’s vision is to create a simple, user-friendly platform to facilitate and encourage a smooth flow of new smart contract users who, due to the complexity of most smart contract platform’s interfaces are dispirited from creating and using smart contracts. People not tech savvy are discouraged from creating smart contracts because most platforms that offer smart contracts require programming knowledge in order to efficiently use their platforms. Ethereum Limited also aims to reduce the cost and boost speed of smart contracts for organizations and people.
Ethereum Limited is a decentralized platform that will allow for the creation, usage and management of smart contracts for the layman who has at least dabbled in cryptocurrency for a while. The ETHL team believes everyone has the right and needs access to use smart contracts in order to make life simpler and easier by greatly reducing rates of failed deals in the crypto space. In the traditional world of contracts, when it comes to deals, there are third parties that claim to smoothen deals for both the business and the client but in actuality benefit from the deal at the expense of the client and sometimes, the business. This is exactly what ETHL aims to put an end to.
ETHL prides itself on its immutability, that is, to state that all transactions on its blockchain cannot be reversed or tampered with. They also state that with their platform and technology, there will be increased privacy, decentralized governance and limited supply. They believe and intend for their coins to be more valuable than Ethereum coins in the foreseeable future, its transparency that will greatly increase the ease of auditing, clear communication, super speed and efficiency.
Ethereum Limited’s ICO
Ethereum Limited, with the symbol, ETHL has a total supply of 10 million coins. It will have a private sale, a pre-ICO and an ICO for the sale of its tokens. Price at ICO will be 0.50$ per token with a purchase limit, both of which will increase everyday towards the end of the ICO. About 68% of its total supply will be available for sale (both public and private sales) with the team having only 5% of the total supply.
To get more information about Ethereum Limited, visit the links below
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