The current price of Egoras Rights (EGR) is $ 0.00127557. It has increased by +0.00% in the last 24 hours. Please note that cryptocurrency prices are highly volatile and can change rapidly within minutes.
Egoras Rights (EGR) is a digital asset associated with the Egoras platform, which aims to develop a global Re-commerce solution. The primary goal is to enable seamless transactions for everyone, regardless of location or financial status. Egoras intends to dismantle the traditional barriers that restrict commerce by empowering both the banked and unbanked populations. By doing so, Egoras Rights advocates for inclusivity and equal economic opportunities on a global scale.
The Egoras Rights (EGR) platform and its associated currency were created by the team behind Egoras. These individuals saw an opportunity to bridge the gap between different sectors of the global economy, especially focusing on creating an equitable platform where everyone can participate fully in the digital economy. Specific information regarding the founders or team members can typically be found on the Egoras website or official documentation.
Egoras Rights works as a part of the broader Egoras ecosystem. It operates on blockchain technology, which ensures transparency, security, and decentralization. Individuals can use EGR tokens to participate in transactions on the Egoras platform. The platform focuses on re-commerce, which involves the selling of previously owned items. This creates an economic loop that benefits all users by providing a marketplace for second-hand goods that is accessible to a global audience.
Egoras Rights is unique in its commitment to creating a Re-commerce platform that serves an equal playing field for everyone. Unlike traditional e-commerce platforms that may favor the banked or those in developed regions, Egoras Rights is designed to be universally accessible, thereby supporting economic activity among both banked and unbanked individuals. This inclusivity is a key differentiator and highlights the platform's mission of financial empowerment and global reach.
Security for transactions within the Egoras network is maintained using blockchain technology. Blockchain's inherent characteristics, such as immutability and decentralized consensus mechanisms, play a crucial role in securing transactions. Users can trust that their transactions are verified and recorded securely without the need for traditional intermediaries. This reduces the potential for fraud and enhances the platform's reliability.
Egoras aims to level the playing field by providing a platform that does not discriminate between users based on their banking status. Transactions can be carried out with digital assets like EGR, which means that anyone with an internet connection and a digital wallet can participate. This opens up the re-commerce space to a segment of the global population that has historically been left out of the digital economy, promoting financial inclusion.
The current market capitalization of Egoras Rights (EGR) is $ , which ranks it at #1 in the cryptocurrency market. Market capitalization is a useful indicator of the overall market value of a cryptocurrency and is calculated by multiplying the current price by the circulating supply.
There are currently EGR tokens in circulation. It is essential to note that the total supply of EGR tokens is 100.0M, which means that not all tokens are circulating in the market as of now.
Egoras Rights (EGR) can be purchased on various cryptocurrency exchanges. The specific where EGR is listed offer users the platform to buy, sell, or trade EGR tokens. As with any cryptocurrency, it's essential to conduct due diligence and utilize secure methods when engaging in transactions.
Keeping your Egoras Rights (EGR) safe involves good security practices for managing your digital assets. This includes using reputable digital wallets, enabling two-factor authentication, keeping recovery phrases secure and private, and being wary of phishing attempts or fraudulent schemes. It is always recommended to store large amounts of cryptocurrencies in hardware wallets or other cold storage solutions to minimize the risk of online theft.
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