EDAC is the tokenization of mining power on the Ethereum network. Token holders can contribute to the process of securing PoW blockchain networks while benefiting from the block rewards directly with EDAC, a ERC-20.
The different advantages of EDAC are:
- 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.
On 28th February, the EDAC Foundation will launch the token on PinkSale through a Fair Launch.
“EDAC is an opportunity to take advantage from the crypto mining activity, while you benefit from the Ethereum performance, and while you receive bitcoins for free in your wallet” – Alex Costin Serbanoiu, Founder
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