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Tokenized Mining Power

An autocompounding deflationary generative token.

EDAC Coin

What is EDAC?

EDAC is the tokenization of mining power. Token holders can contribute to the process of securing PoW blockchain networks while benefiting from the block rewards directly with EDAC. The token is blockchain agnostic.

How it works?

The process is as follows: EDAC tokens are sold and used to buy hashrate power, i.e. through rigs. This power generates mining rewards. The net income (around 50% of all ETH rewards) is used to buyback EDAC coins, which will immediately be burnt. This constant demand and decreasing supply should impulse EDAC price to new All-Time Highs.

When an ATH is reached (not before), up to a 0.5% of token supply can be sold to buy new mining capacity, conforming a virtuous circle of returns.

Smart Contract

0xDCDE89001BE4E77eD88Ff0C39bfFb23055659d21

Advantages

Constant Demand

EDAC token periodically generates its own demand thanks to rewards from mining activity and integrates an automatic burning mechanism which reduces the circulating supply.

Decreasing Supply

This decreasing supply together with a constant demand (which comes directly from the rewards of the mining activity) will lead an upward trend on its price.

Bitcoin Redistribution

1% of trading volume will be redistributed among holders automatically with a transaction fee.

Team

Alex Serbanoiu

Founder

Josep Gatnau

Technical & Financial Director

Rafa Maireles

Brand & Creative Director

Alex Apavaloae

Social Media Manager

Jordi Falcon

PR & Marketing Manager

Raul Batasan

Mining Technician

Calin Sabau

Logistic & Purchasing Manager

Ionut Paduraru

Electric Technician

Denis Chirita

Headhunter & Recruiter

Iulian Comanac

Events Manager & Video creator

Costin Roman

Mining Operations assistant

EDAC in the News

EDAC FOUNDATION will launch EDAC Coin the 28th of February

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Yahoo! Finance

EDAC: Tokenized Mining Power on Ethereum

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Block Insider

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