Eco is a decentralized currency enabling a new type of economy, which intended to serve as a decentralized alternative to fiat currencies.
Eco is a cryptocurrency with independent monetary policy, designed to evolve and support a growing Economy. Eco’s design is informed by the following assumptions: Given better economic data and a more transparent incentive structure for governance, it is possible to govern and grow a currency that is digitally-native and more clearly aligned with its users’ best interests.
Within the Eco Currency system, there are two tokens. $ECO is the currency itself — governed by its community, with the goal of building an independent currency for saving and spending. $ECOx is the secondary token meant to bootstrap governance and liquidity for the system.