The Borneo Post

EBO, world’s first fixed-trad­ing price cryp­tocur­rency

- Business · Cryptocurrencies · Financial Technology · Finance · Kuala Lumpur · Brunei Darussalam

KUALA LUMPUR: Easy­book Coin ( EBO) is the first fixed-trad­ing price cryp­tocur­rency in the mar­ket by mark­ing trad­ing price to hit 2x in value by first year-end, and 4x by sec­ond yearend.

Ac­cord­ing to a state­ment, the EBO price will fluc­tu­ate from the third year on­wards.

Mark­ing the price is aimed at pro­tect­ing all cus­tomers/ pur­chasers from mone­tary losses af­ter ac­quir­ing EBO. Start­ing from the third year, EBO will be listed across to other trad­ing plat­forms. The de­vel­op­ment of EBO has taken busi­ness util­i­sa­tion into con­sid­er­a­tion, by al­low­ing the pur­chase of trans­porta­tion tick­ets with EBO.

Once the ini­tial pool of EBO users or buy­ers is achiev­ing the tar­geted vol­ume af­ter two years, the com­pany will pre­pare the cross-list­ing of the coin in other ex­change plat­forms aim­ing for sub­stan­tial in­sti­tu­tional in­vestors.

Around June, EBO was launched by Easy­book from Brunei to on­line cus­tomers in Asean. Within three months, nearly half a mil­lion USD worth of EBO coins were sold.

EBO is be­ing traded in https://ebo.easy­book.com and us­able in Easy­book.com, the largest land and sea tick­et­ing plat­form in Asean, fo­cus­ing on the longdis­tance ex­press bus, ferry and train tick­ets.

 ??  ?? The com­pany’s ad­e­quate op­er­at­ing per­for­mance is sup­ported by a five-year av­er­age re­turn-on-eq­uity ra­tio of 8.4 per cent.
The com­pany’s ad­e­quate op­er­at­ing per­for­mance is sup­ported by a five-year av­er­age re­turn-on-eq­uity ra­tio of 8.4 per cent.

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