INTERNET CITY, DUBAI, Oct. 7, 2022 – LBank Exchange, a global digital asset trading platform,has listed EnviDa (EDAT) on October 7, 2022. For all users of LBank Exchange, the EDAT/USDT trading pair is now officially available for trading.
Building the future of environmental tracing with blockchain, EnviDa (EDAT) has designed a unique concept that is able to collect environmental data independently and tamper-proof worldwide with its patented DriveMining technology. Its native token EDAT has listed on LBank Exchange at 10:00 UTC on October 7, 2022, to further expand its global reach and help it achieve its vision.
Introducing EnviDa
Today’s world faces the great challenge of having to stop global warming. To reduce CO2 emissions and provide technologies that can reverse past emissions, an environmental data basis that is independent of industrial and political influences is greatly needed.
To solve this challenge, the EnviDa project has set itself the task of creating a decentralized solution for the collection of sensitive, future-relevant environmental data. Its patented DriveMining technology allows passenger transport or transportation companies worldwide to become mobile data collectors by generating additional passive income through cryptocurrency mining while feeding data from various measurement systems into its network.
Each miner on EnviDa independently collects environmental data and sends it to the network. The data is then validated by the miners according to the proof of work consensus and written to the blockchain. For this, the miners receive the EnviDa Token as a reward, which in turn is required to read the data and perform corresponding transactions on the blockchain. In addition, they have the opportunity to mine 10 further cryptocurrencies.
This solution brings many advantages to the EnviDa ecosystem. Unlike stationary measuring stations that are only set up at individual and selected locations, cabs, delivery services or vans are on the road every day in all major cities around the world, driving through even remote areas. All DriveMiners operate independently of each other. As the number of miners increases, the statistical security of the measured values increases, so that the failure of individual units does not affect the entire data network. And once the collected data has been verified in the blockchain, it can no longer be manipulated retrospectively.
By integrating different sensors into its mobile, multifunctional crypto miners, EnviDa has designed a unique concept that is able to collect environmental data independently and tamper-proof worldwide. Based on this ecosystem, a globally networked, decentralized environmental data blockchain will emerge, which will collect detailed environmental data of cities in an unmanipulable way and without political or industrial influence, thus providing the data basis for future environmental projects.
About EDAT Token
EDAT, the native token of EnviDa ecosystem, can be mined only with the DriveMiner connected to environmental data tracking sensors. The purpose of the EDAT utility token is to advance the EnviDa project. The proceeds from the token sale will be used to fund the production of hardware components, blockchain development, and infrastructure construction.
The EDAT token can be used to purchase DriveMiners and environmental data transactions. It was initially deployed on the Polygon chain and will be swapped to EnviDa’s own blockchain during the course of the project, where miners will validate all transactions in the blockchain and receive EDAT tokens as rewards.
The total supply of EDAT is 200 million (i.e. 200,000,000) tokens, of which 75% is allocated for PoW mining rewards, 8% is provided for token sale, 5% is allocated to the team, 2.5% will be used for marketing, 3.5% is allocated for partnerships and investors, and the remaining 6% is reserved for EnviDa ecosystem.
The EDAT token has been listed on LBank Exchange at 10:00 UTC on October 7, 2022. Investors who are interested in the EnviDa investment can easily buy and sell EDAT token on LBank Exchange now. The listing of EDAT token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about EDAT Token:
Official Website: https://envidatoken.io
Telegram: https://t.me/envidatokenio
Twitter: https://twitter.com/envidadatatrack
Instagram: https://www.instagram.com/envida.datatracking/
Facebook: https://www.facebook.com/envida.datatracking
About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.
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Source: https://bitcoinist.com/envida-edat-is-now-available-for-trading-on-lbank-exchange/