Ekta is a cross-chain blockchain that bridges to the physical world

 

In 2008, the way the world views value was forever changed by the anonymous ancestor of all cryptocurrencies, Satoshi Nakamoto. What started as just a new standard for digital transfers via Bitcoin has now grown rapidly to include a myriad of altcoins vying for attention; as well as new concepts such as decentralized finance (DeFi), non-equal tokens (NFT), and decentralized trading infrastructure. In the mainstream media, it was widely reported that the cryptocurrency space had slid to the moon, albeit with the expected volatility as revolutionary technologies and disruptive new ways of doing things were revealed to the world.

However, most of today's cryptocurrency projects have been built to benefit and reward those already in the industry and community. Their goal is generally to make processes on an existing chain faster and more secure, or reduce costs, especially in the DeFi space. For most ordinary people who are not crypto savvy, they have been left out of the ecosystem.

Instead, Ekta's transformative power is designed to eventually merge the physical world with the on-chain blockchain world. Ekta connects traditional industries and businesses, as well as physical assets, to our blockchain. By doing so, Ekta creates the opportunity to decentralize efficient access to capital from modern world providers—including corporations, lenders, and investors. Ekta brings this opportunity to the people who need it most, employees and their families, borrowers and entrepreneurs, and makes critical real-world assets such as natural capital more accessible through fractional tokenization and non-fungible tokens (NFT).

Here, we introduce the main principles of Ekta's founder. To begin, we will explore the problems and inefficiencies that have existed in space to date.

What is Ekta?

Ekta is one of the most unique projects in the crypto space. It has been created as a bridge that can finally unite real world assets with blockchain. Therefore, integrate traditional finance and industry with assets powered by this digital technology.

VISION

Ekta's vision is to create a world where blockchain technology is used to give everyone the opportunity to live a better life. A new ecosystem is needed, in which people from different backgrounds and socio-economic circumstances can participate freely, without the barriers and inefficiencies introduced by centralized government bodies.

MISSION

Ekta's mission is to bridge the blockchain world with the world we live in, and create value in both. This is achieved through various branches of the Ekta ecosystem, which include:

  • Real-world asset tokenization via Ekta Chain and the self-developed NFT Marketplace by Ekta
  • Ekta's decentralized credit platform that allows all users to participate
  • Physical space is like the island chain currently being developed in Indonesia, where physical land and real estate assets will be brought on-chain
  • Ekta startup incubator and innovation center open for retail investment

Ecta Ecosystem

In the Ekta ecosystem, physical assets can be represented as digital analogues, through the launch of Ekta's self-developed NFT platform and marketplace. This new trading and exchange venue for NFT will be a blockchain-based cross-platform ecosystem for sharing and trading of physical assets represented in digital format. Through the Ekta NFT marketplace, Ekta will provide a new way for NFT makers and owners of physical assets represented as NFTs to connect with consumers and brands through their digital collections.

In Ekta's world, NFTs represent ownership rights, fractional ownership, or land use in Southeast Asia. This could include resort villas, beach fronts, or rights to use of the marina. Ekta will extend this functionality to real estate, property and utilities worldwide. Through Ekta, fractional ownership in forests can be available in virgin forests for the purpose of offsetting carbon, or entire ecosystems can be protected through ownership on the blockchain.

Ekta Physical infrastructure

  • Land development — Ekta's first physical space is located in and near Bali Indonesia, where it aims to develop and mark land and real estate to bring on-chain, including residential villas, incubators for startups and entrepreneurs.
  • Community development — Ekta empowers a thriving community ecosystem, which includes investors, entrepreneurs, public companies, employees, islanders and influencers. Each of these communities plays an important role in the Ekta . ecosystem
  • Startup incubator — Ekta's startup incubator supports the development of startups and entrepreneurs funded and trained by experienced business professionals, investors and venture capitalists associated with Ekta.
  • Real estate — Ekta makes real-world assets such as property more accessible through tokenization and NFT, connecting entrepreneurs and ordinary people with instant and secure access.
  • Natural capital — Natural capital refers to the wealth of resources that make up our natural world, including water, water, land, habitats, and ecosystems. Ekta unlocks the true value of natural capital through tokenization, making it easier for people everywhere to invest and earn while promoting sustainable development.
  • The public sector — Many communities suffer from outdated management systems that are complex and expensive to maintain while posing a real security risk. Ekta provides solutions that can secure personal data, drastically increase efficiency, and build trust through transparency and accountability.

Ecta Chain

Ekta Chain is a decentralized, high-efficiency and energy-efficient public chain and core product of Ekta, which achieves smart contract compatibility (using solidity for development and 100% Ethereum compatibility) based on high-performance transaction support.

Ekta Chain aims to link profit with purpose, by performing two important functions:

  • Make real-world resources such as natural capital and property more accessible through tokenization and non-fungible tokens (NFT),
  • Connect entrepreneurs, retail participants and ordinary people with instant and secure access to resources through a decentralized system that we have developed and will expand in the future.
  • Consensus mechanism — Ekta Chain uses the Ekta proof of stake (EPoS) consensus mechanism which ensures low transaction fees, low transaction delays, and high transaction concurrency and supports up to 21 validators

Ekta aims to develop and support sustainable business-focused startups in the following industries:

  • green technology,
  • Next Generation AI,
  • blockchain,
  • Internet of Things,
  • Artificial Intelligence of Things,
  • renewable energy,
  • Sustainable Lifestyle Consumer Goods and Services.

What are EKTA tokens?

The original token of the Ekta Chain is the Ekta Token ($EKTA) which adopts the EPoS consensus mechanism. The Ekta token is designated $EKTA on a decentralized exchange and is the main token of the Ekta ecosystem. By staking $EKTA, user can mine more $EKTA. By holding $EKTA, users become part of the entire Ekta ecosystem.

Tokonomics

  • Token Name: Ekta
  • Token Ticker : EKTA
  • Blockchain : Binance Smart Chain
  • Total Supply: 210,000,000

EKTA is a sustainably mined token with a self-sustaining ecosystem. EKTA tokens are energy efficient because they are mined by staking EKTA itself, a smart contract system that allows token holders, traders and yield farmers to participate in the Automatic Market Maker (AMM) exchange to mine $EKTA.

Roadmap


TEAM

Conclusion
Ekta is the first blockchain project to empower users and communities to build a physical world, centered on unity, entrepreneurship and decentralization. Ekta aims to create connected communities where ordinary people have better access to capital, reduce wealth inequality, and change the lives of millions. Retail investors are often risk averse and approach new ventures with caution. So, to effectively link global retailers with venture capital, it is important to develop a low-risk participation framework. This is the main destination at Ekta.

Important Information:
  • Website: https://www.ektaworld.io/
  • Whitepaper : https://whitepaper.ektaworld.io/
  • Twitter : https://twitter.com/ekta_io
  • Discord : https://discord.gg/YrmaQpemMD
  • Telegram : https://t.me/ekta_community
  • Medium : https://medium.com/ekta-io
Author : Homio
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2865336
My BSC Wallet Address : 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09



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