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EBCoin
The Best Gift for Travelers
EBCoin will leverage blockchain technology to eliminate the hassle and high fees associated with tax refunds for international travelers and merchants alike. The EBCoin Wallet app will enable instant tax refunds, without having to wait in long lines at the airport or needing to hold on to paper receipts. Travelers will get 100% of their refund in EBC token, which will be instantly redeemable for additional duty-free purchases, or can be exchanged for their preffered currency at numerous ATMs in all major airports.
EBCoin seeks to disrupt the global tax refund market for international travelers, making the process instant, transparent and convenient.
The project is backed by KR Partners, who have had 10 years of success with their global payment gateway solutions provided through their EximBay brand. With their long track record, the team will be able to leverage multiple existing and new partnerships, including emerging blockchain based projects, to further expand their network for providing instant tax refunds. Their geographic location further has them well situated to enter the largest tourism tax refund market, Asia, begining with Korea, Hong Kong and Vietnam.
ICO Advisor | ICO Analyst | Blockchain Researcher Rated on Feb 22, 2018
4
4
4
9%
It took me a while to warm up to this project as I thought instant duty free tax refunds was a limited use case. However I can see that the technology and applications extend beyond taxes and provide flexibility of multi currency exchange using their platform.
Co-Founder & President at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board Member Rated on May 10, 2018
4
4
4
9%
Nice project, I believe that blockchain could really be a plus with it!
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Start Pre-sale
Announce completion of the final Pre-sale and provide EBCoin to our partners
Distribute EBCoin Wallet on both Android and iOS market (Provide the function of inquiring ICO participation)
2
Quarter 1, 2018
Proceed ICO and KYC / AML
Open Eximbay Exchanges
EBCoin Wallet interlocked with KRPEX Exchanges
Recruit Wallet & KIOSK developers
Distribution of EBCoin Wallet - BTC, ETH, EBC transfer service offer
3
Quarter 2, 2018
Listing on domestic and overseas cryptocurrency exchanges (South Korea: Bithumb, Hong Kong: Bitfinex, US: Bittrex, Poloniex, Europe: HitBTC, Japan: Bitflyer)
Contract with duty free shops and merchants using EBCoin Wallet
Distribution of EBCoin Wallet – Tax refund process (Prototype)
KIOSK H/W Function design
4
Quarter 3, 2018
Lease agreement for deployment of KIOSK & ATM
Design and module test for KIOSK & ATM
Interconnection test for KIOSK & ATM & EBCoin Wallet
Manufacturing of KIOSK & ATM H/W
5
Quarter 4, 2018
Provide EBCoin Wallet to customs and proceed tax refund procedures training
Proceed tax refund procedures training to duty free shops through EBCoin Wallet
6
Quarter 1-2, 2019
Plan to manufacture KIOSK & ATM
KIOSK & ATM Prototype simulation
Create KIOSK & ATM manual
Pre-training about KIOSK & ATM deployment site and quantity calculation according to production cost
Manufacturing of KIOSK & ATM and interlocking with the present rate of EBCoin in exchanges
7
Quarter 3-4, 2019
Kiosk and ATM Deployment in Lotte Department Store (South Korea) and Inchon International Airport (South Korea)
Contract with major airports in the world
Full pilot and testing
8
Quarter 1-2, 2020
Kiosk and ATM Deployment in Changi (Singapore), Chek Lap Kok (Hong Kong), Narita(Japan), Taoyuan (Taiwan) and Suvarnabhumi (Thailand) airport.
9
2020 - 2021
Expand business reach of service to China and Europe
