One month after FairEco inception

FairEco.io
2 min readAug 8, 2018

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Hi everyone, we have few updates that would like to share with you after launch our FairEco to the community, find below for our updates:

FairEco FAQ

After the inception of our FairEco platform a couple of weeks ago, we have received media attention from every channels asking us such as how it works or how it fix the community since we raise an awareness in the Crowdfunding community.

Checkout our FAQ at https://faireco.io/faq/

We keep updating our Frequently Ask Question or FAQ, below are an examples:

What is FairEco ?

The Crowdfunding platform built on Blockchain technology for the community.

Why Crowdfunding ?

We love the Crowdfunding which liberates great people to do some great things.

Why FairEco ?

To create fair and trust platform for the community, enable Makers to have their dream practically with project management platform and allow Backers to join that dream with investment assurance.

What is the challenges that FairEco attempts to address ?

From our study, we found that many projects in crowdfunding projects are fraudulent intentionally, fail to deliver as no control over project execution or Makers have full control over the project and no protection for the money that goes in one shot, no chance for Backers to protect their investment.

What the benefit FairEco contribute ?

We aim to create Crowdfunding platform that can be trust. Makers utilized our project management functionality to complete and deliver the project. The platform enable Backers to participate in each payments of the project to ensure their investment for that particular projects.

Revision of FairEco Whitepaper

We added new section of FairEco whitepaper revealing about FairEco smart contract that design exclusively for makers and Backers in our platform which help defining the project payment policy, providing an opportunity for Backers to approve or deny any payment, and enabling Makers to execute the project with less headache with our project management functionality available on our platform.

Find out more detail at our website https://www.faireco.io and go to Whitepaper or check this link https://faireco.io/static/reading/faireco-wp-r2-20180731.pdf

Talking to Partners

Throughout these few weeks, we have met with various partners who express their interest to become our partnership for both sponsoring the project or participating in the area of their expert to help shaping the Crowdfunding community together with us. We will keep you updated as we have more progress.

Announcement of Bounty Program

Take a look at our bounty program available at https://bitcointalk.org/index.php?topic=4691620.0. We allocated 2,400,000 FECO tokens and subject to increase based on the number of requests from the community.

Plan for KYC

We will open for KYC shortly. For who interest in our project, kindly find our communication channel below:

Telegram : https://t.me/faireco_io

Twitter :https://twitter.com/@faireco_io

Mailing-List : https://faireco.io/news

Stay tune and we will keep you posted.

Thanks and Have a good day,

FairEco Team

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