Camp as well as a small number of partners affiliated with Expa will also donate $10M to seed the foundation with an operating budget. 20% will go to the universities running trusted nodes, 10% will go to advisors, 10% will go to strategic partners, and 10% will go to a newly formed Eco Foundation which will be responsible for creating and maintaining the network.
There will be one trillion tokens issued initially, of which 50% will be given away to the first one billion verified humans that sign up. The currency is called Eco, and Camp wants it to be a digital global currency that can be used as a payment tool around the world for daily-use transactions. Sign in to your Microsoft account services & subscriptions or learn how to turn on recurring billing for your Microsoft subscription.Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency.
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