Eroiy is a blockchain based cryptocurrency concept, specifically designed as an anonymous payment method to protect the privacy of the buyers from the online entertainment industry.
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Eroiy is a blockchain currency that underlies a decentralized system. In this way, all parties use a completely transparent and fair payment method, which enables business activities and transactions to be processed within seconds. Value depreciation, as in the case of a more classical currency, is precluded because the available trading tokens are fixed and cannot be increased. Therefore, the result can only be an increase in value.
Eroiy is based on NEM Blockchain technologyA total of 2 billion Eroiy will be created and issued on the NEM (New Economy Movement) blockchain protocol using a smart contract. The Eroiy will be freely transferable. With its advanced functions and active ecosystem, NEM fits the Eroiy perfectly. The coins contain high confirmation speeds and are 99.99% immune to fraudulent activities.
|Token name||Eroiy Token|
|Currency Symbol Image|
|Starting Price Pre-ICO||1 Eroiy for USD 0.08|
|Starting Price ICO||1 Eroiy for USD 0.12|
|Maximum Eroiy produced||2 billion (technical limit)|
|Maximum Eroiy for Sale||1.2 billion (60% of total coins)|
|Fundraising Goal||USD 48 million|
|Minimum Purchase||100 Eroiy|
|Methods of Eroiy purchase||Bitcoin, Ethereum, Dash, Litecoin, XEM and FIAT payments|
|Mincap||USD 1 (one) million, all funds will be returned if not met|
The Eroiy is particularly designed as an incognito payment means in the online entertainment industry. This is a revolutionary development and is the key to an approximately “USD 100 billion market worldwide” (NBC News, 2017).
Total online spending is estimated to be around $2 trillion, the online entertainment industry is worth about $5 billion.
To date, there is no possibility to pay for online entertainment content with cryptocurrencies. The Eroiy will be the first payment method which will allow consumers to pay for their online entertainment purchases anonymously. While other cryptocurrencies could be used to achieve the same, none of them have expressed any interest in getting involved in the online entertainment industry so far, or have been successful in creating significant demand. As for merchants, several major players in the industry have already shown strong interest in accepting the Eroiy as payment means.