EGONCOIN

Elevated Proof of Stake Consensus

Whitepaper v3
DISCLAIMER
Nothing herein constitutes legal, financial, business, or tax advice and you should
consult your own legal, financial, tax, or another professional advisor (s) before
engaging in any activity in connection herewith.
Neither EgonCoin nor any of the project team members who have worked on the
EgonCoin project shall be liable for any kind of direct or indirect damage or loss
whatsoever that you may suffer in connection with accessing this Whitepaper,
EgonCoin, Tokens, the website, or any other materials published by EgonCoin. The
information contained in this Whitepaper is meant for general informational
purposes only. The blockchain platform EgonCoin is deployed on does not
guarantee the accuracy of the conclusions reached in this Whitepaper.

Nothing in this Whitepaper shall be deemed to constitute a prospectus, an offer

document, an offer of securities (in any jurisdiction), a solicitation for investments,
or any offer to sell any product, item, or asset (whether digital or otherwise). This
document is not composed by and is not subject to any jurisdiction laws or
regulations designed to protect investors.

Carefully read the Whitepaper and the Official Website for relevant instructions
and a comprehensive understanding of blockchain technology and digital assets.
Please note the potential risks and thoroughly assess your financial situation.

Exclusion of USA Residents

This disclaimer applies to all none residents and all residents of the United States
of America ("USA") and individuals using EgonCoin, its products, and services.

USA Resident Exclusion: USA residents are not allowed to participate in EgonCoin,
including investments, staking, or token purchases.

Regulatory Compliance: EgonCoin may not comply with US regulatory

requirements and securities laws. Ensure compliance with your local laws before
participating in blockchain activities.

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advice. Participation in blockchain activities is at your own risk.

Limitation of Liability: We are not liable for losses due to non-compliance with this
disclaimer or US laws. You must indemnify us for any claims arising from your
EgonCoin use.

Jurisdiction: This disclaimer is governed by laws outside the USA, and disputes are
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Note: This disclaimer is subject to change; review the latest version on our official
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 TABLE OF CONTENTS

01 ABSTRACT 04

02 INTRODUCTION 05

03 CURRENT CHALLENGES 06

04 EGONCOIN BLOCKCHAIN 08

05 EGONCOIN FEATURE 12

06 ABOUT EGONCOIN 17

07 EGONCOIN TOKEN 22

08 EGONCOIN TOKENOMICS 23

09 EAGLE MINING NETWORK 26

10 EGONCOIN UTILITIES 27

11 ROADMAP 35

12 CONCLUSION 36
01 ABSTRACT
Decentralization based on the blockchain has proven its worth in the last decade.
Blockchain projects like Bitcoin and Ethereum have proven that decentralized networks
can achieve what others have not achieved yet. Bitcoin and Ethereum being the A
class among these projects have provided utilities in almost every industry but most
notably the payment system. Cryptocurrencies have proven that we no longer need
the old centralized payment system with all controls held by a central authority. The
future success of cryptocurrencies relies on their widespread use. Although crypto has
the potential to become a global payment method, it remains subject to speculation.
Cryptocurrencies' future success depends on their widespread adoption. The majority
of users treat cryptocurrencies as speculative assets rather than using them in
everyday life.

EgonCoin (EGON) is building a stack of interconnected cryptocurrency-

enabled solutions on its EgonCoin Blockchain (EPoS), designed to make
cryptocurrency more accessible to merchants and users who are either
investors or technologists. EgonCoin (EGON) is one of those projects which
are based on real use cases and attractive business models. EgonCoin
(EGON) is attempting to harness its disruptive blockchain technology to
power finance, gaming, and payment system. EgonCoin (EGON) will be used
as the main utility of the EgonCoin ecosystem as the native coin of the
EgonCoin Blockchain. Providing a fixed supply while bringing future financial
opportunities and increase in value to its participants. Our long-term goal is
to provide businesses and individuals with a single platform experience that
spans the full spectrum of cryptocurrency and blockchain-based products.

PAGE 04
02 INTRODUCTION
The original cryptocurrency, Bitcoin was designed to be peer-to-peer digital cash for
transaction purposes. Bitcoin's original purpose is to ease the usability drawbacks
characterized by fiat currencies and centralized systems. Cryptocurrency is a
decentralized blockchain-based financial system with immutability and autonomy
being its most celebrated features. Cryptocurrencies enable one to bypass
intermediaries and remain independent from traditional financial institutions.

Since the emergence of cryptocurrencies and blockchain, over 7000+ varieties of

cryptocurrencies for a Wide range of use cases have emerged, and thousands more
will emerge in this new decade. Some of the most popular cryptocurrencies after
Bitcoin include ETH, XRP, and Litecoin, and they serve their useful purposes, with similar
fundamentals to Bitcoin, as alternative payment systems to bitcoin.

Defi

DeFi gives you control and visibility over your money. It gives you exposure to global
markets and alternatives to your local currency or banking options.

Decentralized Finance (DeFi) is growing exponentially in terms of its offerings and user
adoption. a diverse suite of financial instruments has been introduced onto various
blockchains in a decentralized, highly accessible, and trustless manner. The total value
Locked in DeFi, as of 2023, has reached 52.22B, up a 3.10% increase from the year 2022.
Current DeFi giants consist of Uniswap (Ethereum blockchain, Pancakeswap (Binance
Smart Chain), and Serum (Solana Blockchain).

But there is much more room to grow, this room provides opportunities for new and
potential platforms and projects to grow. According to the speculations and keeping in
mind the early success of EgonCoin, we can say that EgonCoin will use these
opportunities to increase the worldwide adoption of cryptocurrencies as payment
solutions, and with its EVM-supported blockchain it will allow many dApps to grow with
better speed, and efficiency.

PAGE 05
03 CURRENT CHALLENGES
Currently, it is not easy to pay directly with cryptocurrencies without going through a
crypto-to-fiat exchange first. No cryptocurrency has managed to become a
commonly used monetary asset. In the following paragraphs of this whitepaper, we will
highlight some of the challenges that come to mind when one wants to store, send,
receive, swap, exchange, or spend crypto assets, especially when one is new to the
cryptocurrency market.

INEFFICIENT PAYMENT SYSTEM

The current payment system is plagued by inefficiencies, leading to slow transaction

times, high transaction fees, and limited accessibility for certain populations. This is
due to a combination of outdated infrastructure and a lack of interconnectivity
between different payment networks. In many cases, traditional payment methods,
such as bank transfers and checks, can take several days to process, while credit card
transactions often come with high fees and can lead to security issues such as fraud
and identity theft. Furthermore, large portions of the world's population are still
unbanked and lack access to basic financial services, perpetuating the cycle of
poverty. To address these issues, there has been a growing push for modernizing
payment systems and implementing more efficient and accessible solutions, such as
blockchain-based technologies.

PAGE 06
03 CURRENT CHALLENGES
SECURITY

Also, a common problem with cryptocurrency wallets is the problem or security attacks
such as data hacks, DDoS attacks, virus attacks, etc. which can lead to non-
performance, impairments, and loss of funds. Many platforms have survived several
security breaches and attacks, but a lot of them have gone into extinction due to
hacks, non-performance, and failure to meet user needs. The rise in hacks and
cyberattacks on crypto exchanges, as well as directly on the wallets and devices of
users, has contributed to the overall uncertainty which surrounds this new technology.

ZERO USE CASES

There have been several new blockchain technologies and cryptocurrencies in recent
years, but none of them have been successful enough to be widely adopted by
mainstream consumers – primarily because of negative publicity, bubble
speculations, scams, and complicated user interfaces. For cryptocurrencies to scale
beyond the current level of buy, hold, and sell, there need to be real use-case
scenarios where people can use their crypto to easily exchange them for goods and
services without the need to first convert them to fiat.

Thus, blockchain and cryptocurrencies are still in their early stages, yet retain the
power to reshape the way financial transactions are being executed globally. The
creation of new and better processes, products, and services via these ideas will take
the blockchain and cryptocurrencies mainstream and eventually change the world
forever and empower billions of people to transact independently from centralized
institutions. However, with any growing technology or market, there is a need for
improvement and innovation. The need for a simple and secure platform to aid users
to transact with cryptocurrencies via blockchain technology from start to finish has
never been higher.

PAGE 07
04 EGONCOIN BLOCKCHAIN
Despite the widespread adoption and
success of current top blockchains like Bitcoin
and Ethereum, there is still a need for better
blockchains to address their limitations and
inefficiencies. For example, current
blockchains struggle with slow transaction
speeds, high fees, and limited scalability,
which hinder their ability to serve as a reliable
and accessible infrastructure for
decentralized applications and financial
transactions. Additionally, current blockchains
can also suffer from a lack of privacy, security
issues, and centralization concerns, making it
difficult for them to truly achieve their goal of
providing a decentralized and trustless
network.

To address these challenges, a new and improved blockchain is necessary. A

blockchain that should aim to provide faster transaction speeds, lower fees, and better
scalability, while also prioritizing security, privacy, and decentralization.

This is where EgonCoin Blockchain comes in. EgonCoin is a promising blockchain

platform that is using the Elevated Proof of Stake consensus algorithm to offer
enhanced security, speed, and scalability compared to traditional proof of stake
systems. It is also Ethereum Virtual Machine (EVM) compatible, which enables
developers to create decentralized applications (dApps) using the same tools and
languages they already know. To further encourage users to participate in the
network's security, EgonCoin has launched Elevated Staking, a decentralized
application that allows users to stake their coins and earn rewards while supporting
the network. With these features, EgonCoin is positioning itself as a leading player in
the blockchain space and is looking to bring a new level of efficiency and accessibility
to the world of decentralized finance. By doing so, it can help bring the benefits of
blockchain technology to a wider range of users and applications, and truly realize the
potential of decentralized systems.

PAGE 08
04 EGONCOIN BLOCKCHAIN

ELEVATED PROOF OF STAKE (EPOS)

Unlike most blockchains, EgonCoin uses the Elevated Proof of Stake (EPoS). EgonCoin’s
Elevated Proof of Stake (EPoS) is a consensus algorithm that is built upon the traditional
Proof of Stake (PoS) mechanism to provide improved security, scalability, and
decentralization. It utilizes multiple layers of validation and utilizes advanced
technologies to ensure that the network is secure and fast.

In EgonCoin, validators are selected based on the number of coins they hold and are
willing to "stake" as collateral. These validators then participate in the consensus
process by validating transactions and creating new blocks. Unlike PoS, EPoS utilizes a
combination of random sampling and reputation-based selection to choose
validators, which helps to ensure a more decentralized and secure network. By the
implementation of EPoS EgonCoin can prevent malicious behavior by validators, such
as penalizing those who attempt to double-spend or manipulate the network. This
helps to maintain the integrity and security of the network, even as the number of
transactions and users grows.

Overall, with the use of EPoS EgonCoin can provide a more efficient and secure
platform for decentralized applications and transactions. By incorporating advanced
technologies and a multilayer validation process, EgonCoin offers a compelling
solution for the next generation of blockchain systems.

PAGE 09
04 EGONCOIN BLOCKCHAIN

ETHEREUM EVM COMPATIBILITY

EgonCoin Blockchain is Ethereum Virtual Machine (EVM) compatible blockchain that is

designed to run smart contracts and decentralized applications (dApps). This
compatibility allows developers to easily build and deploy dApps on the EgonCoin
blockchain. Also, the developer can transfer their already deployed dApps from EVM-
compatible blockchains to the EgonCoin blockchain without making changes to their
smart contracts. This way developers and users can also leverage the vast pool of
resources from the Ethereum ecosystem.

The users of EgonCoin Blockchain can access a large developer community, a wide
range of tools and libraries, and a proven track record of security and reliability. By
leveraging the EVM, EgonCoin will allow developers to focus on building innovative
dApps and services without worrying about the underlying infrastructure. Additionally,
users of EgonCoin Blockchain can take advantage of existing dApps and services built
on Ethereum, providing a seamless and familiar user experience.

For users, the advantages of using EgonCoin Blockchain include access to a larger and
more vibrant ecosystem of dApps and services, as well as the ability to interact with
these dApps and services using familiar tools and interfaces. By leveraging the security
and reliability of the EgonCoin Blockchain, users can feel confident that their assets
and transactions are secure and trustworthy.

PAGE 10
04 EGONCOIN BLOCKCHAIN

STAKING (ELEVATED STAKING DAPP)

EgonCoin provides an Elevated Staking DApp. It is a decentralized and user-friendly

application for staking and participating in EgonCoin’s consensus process. EgonCoin’s
Staking DApp allows users to easily stake their coins and become validators,
participating in the consensus process and earning rewards for their participation. In
contrast to other consensus mechanisms that distribute block rewards to validators,
EgonCoin operates differently. Instead of block rewards, EgonCoin utilizes the Elevated
Staking DApp as a substitute to compensate validators for their participation in the
consensus process. Through this approach, users do not delegate their coins to a
validator but directly use the Elevated Staking DApp to receive a proportionate share of
the rewards allocated to reward users. This innovative approach eliminates the need
for block rewards and provides a more efficient and effective way for validators to earn
rewards for their contributions to the network. Validators also take a turn in each block
to verify transactions as they also earn the corresponding reward as the gas fee for
transaction verification, which means validators have dual reward mechanisms built-
in.

Additionally, the Elevated Proof of Stake (EPoS) mechanism employed by the EgonCoin
blockchain has a finite maximum supply, which sets it apart from many other Proof of
Stake (PoS) chains. Unlike other PoS chains, such as Delegated Proof of Stake (DPoS),
EgonCoin is designed with a hard-coded fixed supply of 271 million coins. The EPoS
algorithm also enables the efficient and dynamic burning of transaction fees in real
time. From the total supply, a specific 20% has been allocated for use by the Elevated
Staking DApp as a reward for validators, and users who decide to stake their EgonCoin
using the Elevated Staking DApp. This allocation provides a stable and consistent
reward system for validators, incentivizing them to participate in the consensus
process and contribute to the security and stability of the network.

Our Elevated Staking DApp provides benefits that include improved decentralization, as
more users can participate in the consensus process and validate transactions.
Additionally, with the app, EgonCoin provides a more user-friendly and accessible
platform for staking, as users can participate with just a few clicks, without the need for
technical knowledge or specialized hardware. This makes it easier for more people to
participate in the consensus process and help secure the network. Additionally,
providing DApp like this can provide a sense of ownership and control over the network
to users as they have a direct role in maintaining its security and stability.

PAGE 11
05 EGONCOIN FEATURE
As the use of digital currencies for payment in financial transactions increases, many
businesses are looking at how to store conventional assets like commercial bills and
loyalty points on blockchains, usually in the form of consortium chains. As of now,
cryptocurrencies are been used for a variety of transactions, including the buying and
selling of products and services, as a store of value, as ecosystem tokens, and for
several other things.

The EgonCoin ecosystem empowers individuals and companies to find more freedom,
privacy, and wealth. As the core of EgonCoin's infrastructure, EgonCoin is a peer-to-
peer payment platform. It uses a productive peer-to-peer business model and
demolishes the conventional payment system. Using blockchain technology, the
network can be run without an intermediary (the main source of structural issues and
vulnerabilities in conventional systems).

Few efficient gateways make spending cryptocurrencies as easy as spending fiat

currencies and the EgonCoin is on a mission to change that. We want to help protect
the original idea behind cryptocurrencies and use cases, to further help deepen the
adoption levels of cryptocurrencies by broadening the gateways that are available to
people to send and receive cryptocurrencies.

PAGE 12
05 EGONCOIN FEATURE
BUSINESS PAYMENT SOLUTION
EgonCoin’s Business Payment Solution
allows merchants, enterprises,
payment companies, and eCommerce
platforms to accept crypto as
payment. EgonCoin provides an
efficient, Blockchain-based payment
solution without compromising
security. The EgonCoin platform will
serve as the next-generation payment
solution for businesses. As crypto is not
bound to any geographic restrictions
or national borders, EgonCoin strives to
connect the real world with
cryptocurrencies through future-
oriented products and services.

With EgonCoin’s solution in place, there is no need to use traditional payment solutions.
With the decentralization in place, the funds are not held by EgonCoin the custody of
funds will be in the user's hands they can access their funds whenever they want.

The legitimacy of the data is ensured by using advanced cryptography that is

independently checked for each transaction inside the network. Cryptocurrency
transactions are processed quickly and cannot be stopped by any centralized body,
such as a bank. Blockchain technology is entirely decentralized; there is no single
"owner" and international boundaries are not an issue. EgonCoin employs a blockchain
with an EPoS foundation to enable green and affordable transactions with lower
transaction fees with base fees below 0.00003.

PAGE 13
05 EGONCOIN FEATURE
WORLDWIDE P2P PAYMENTS

The one thing which has kept

cryptocurrencies superior to other
currencies is the possibility to make
payments on a P2P scale without the
need for any third party. The one thing
which will make EgonCoin superior to
its competitors will the feature to do
the same thing but more fast, secure,
and cheap.

EgonCoin will be the most powerful way to send money to anyone, even if they live
somewhere different from you. The benefits of using EgonCoin as a P2P payment
solution include lower transaction fees with base fees below 0.00003, faster transaction
times as 10,000 transactions per second, and increased security and privacy. Unlike
traditional payment methods that rely on intermediaries, P2P transactions with
EgonCoin are processed directly between users, reducing the risk of fraud and
increasing the speed and efficiency of transactions. This is the power of our financial
system

PAGE 14
05 EGONCOIN FEATURE
EGON EXCHANGE UTILITY COIN

EgonCoin will also serve as a utility coin

for the Egon Exchange platform. It
functions similarly to Binance Coin
(BNB) on the Binance exchange,
serving as a medium of exchange and
a utility token that provides users with
various benefits and discounts when
used to pay for fees on the Egon
Exchange. EgonCoin can be used to
pay trading fees on the Egon Exchange
platform, providing users with a
discount on their transactions. The
amount of the discount is determined
by the current level of usage on the
platform, with higher usage leading to
higher discounts for users.

In addition to being a means of payment for trading fees, EgonCoin also provides
holders with access to exclusive events, promotions, and other benefits. This helps to
increase the value of the coin and creates a sense of community among users of the
Egon Exchange platform. EgonCoin will be available for buying on the Egon Exchange
platform and also for trading on other cryptocurrency exchanges. This makes it easy
for users to acquire and trade EgonCoin, providing them with greater flexibility and
access to a wider range of potential buyers and sellers.

Overall, EgonCoin serves as a key component of the Egon Exchange platform, providing
users with a convenient and cost-effective way to pay for fees and access exclusive
benefits. As the platform continues to grow, the value of EgonCoin is expected to
increase, making it an attractive investment opportunity for cryptocurrency
enthusiasts.

PAGE 15
05 EGONCOIN FEATURE
OUR EDGES

Innovated application of AI technology

Standard Risk Management Process

Outstanding Strategies

Elite Team

Elevated trading experience

PAGE 16
06 ABOUT EGONCOIN
The EgonCoin project started in 2017 when the
development team set up a cryptocurrency
analytical web portal as a study of the market
dynamics which is still influential today at
Coinvila. In February 2021 the development team
became more active as a mobile mining
community was launched with more than 3
million active users achieved within a year. This
intensive growth and support from the
community strengthen the development team
to create something that would completely
revolutionize the blockchain industry. The
EgonCoin blockchain is the next level for the
community as the different apps, and DApps
created since February 2021 will now be
combined under one vibrant ecosystem with the
EgonCoin blockchain being the powerhouse.

The nascent and visible opportunities of the cryptocurrency market have made it
possible for EgonCoin to enter an ecosystem in dire need of products and services that
are vital for the actualization of cryptocurrency mainstream adoption. EgonCoin will
start operations in several niche markets and start to offer highly functional
decentralized products with the ability to instantly transfer funds to anyone in the world
and with a minimum fee, in addition to business payment solutions, an EVM-
compatible blockchain that will allow already deployed DApps to transfer directly on to
more efficient Egon Blockchain without changing their smart contract, and will use the
Elevated Proof of Stake (EPoS) as consensus to protect and reward the validators.
EgonCoin will also enable businesses to pay with native EgonCoin Token making it
possible for merchants to offer goods and services in exchange for cryptocurrencies.
Besides these, many other utilities will be offered to the users covering the Blockchain
products like NFT, DAO, and Metaverse in a decentralized manner. To add more spice to
the action all of this will be offered through one platform.

PAGE 17
06 ABOUT EGONCOIN
Beyond solving the problems of spendable cryptocurrencies that can be exchanged
for, for example, receiving utility services without exchanging for fiat, the EgonCoin
aims to implement additional functionality such as the option to send cryptocurrencies
to multiple parties at the same time for both business and personal purposes,
simplified and effective crypto staking, gaming, and most importantly a native token to
give users a better feel with subsidies, discounts, and enhancements across all
EgonCoin Ecosystem products and services all within one platform. In a nutshell,
EgonCoin will serve as the simplest gateway to interact with cryptocurrencies via DeFi
access and all the other features mentioned above.

There is currently no crypto company offering all of these products and

services in a single platform, and at best, only a subset of the services we
provide are currently offered in a single app by a potential competitor.
Therefore, EgonCoin has the potential to become the market leader by
providing all the mentioned products and services in a single platform
because the integration of all these high-quality services into a single app
creates an edge for EgonCoin over the rest of the market.

Just like any blockchain company, we believe that cryptocurrencies are the best
financial tool that can help to bank the unbanked population, and also open them up
to the already existing financial opportunities already provided by traditional banking
services they previously had no access.

PAGE 18
06 ABOUT EGONCOIN
In addition to benefiting the unbanked, EgonCoin can support businesses by providing
them the opportunity to tap into the blockchain and DeFi markets to help them
transition into the digital economy. EgonCoin is going to change the entire commerce
ecosystem by providing highly efficient transactional systems that provide low-cost,
near-instantaneous, 24/7 global settlement options to customers and merchants
across all regions of the world. This is a huge opportunity for everyone alike because
DeFi products can improve global trade relations by making cross-border settlements
easier and more transparent through blockchain technology. The use cases that
cryptocurrencies provide allow EgonCoin to tap into the US$ trillion-dollar global
mobile payment and e-wallet services market by claiming a percentage share. In the
future, many businesses will be able to benefit from getting access to EgonCoin
payment solutions bringing their products to a global base of e-commerce customers.

The EgonCoin is built for both personal and business solutions and our team has a
strong focus on bringing solutions associated with the shortage of real-world
applications to the cryptocurrency market. The creation of EgonCoin and its
accompanying infrastructure and services will allow individuals and businesses to
accept most cryptocurrencies just as they would accept cash or credit.

PAGE 19
06 ABOUT EGONCOIN
EgonCoin’s mission is to make the daunting
cryptocurrency market accessible to everybody,
accelerating the adoption of blockchain
technology and democratizing ownership of
cryptocurrencies. The EgonCoin platform enables
OUR MISSION individuals to participate in the New Economy by
making it easier to purchase and transfer
cryptocurrencies. By creating a secure layer that
the average person can access, EgonCoin places
power back in their hands.

EgonCoin's mission is to create a complete Suite of professional Defi applications for

crypto investors to benefit from this striving industry. EgonCoin's platform gives users
access to the types of institutional-grade crypto tools that are used by the world's
largest financial service providers and dozens of other trusted global brands. The
benefit of these tools includes accuracy, timeliness, and a significant depth of the
crypto industry.

PAGE 20
06 ABOUT EGONCOIN
THE TEAM

Yash Singh
Co-Founder at Egonwallet

Yash Singh is a guy of many talents. Yash has consulted as lead management in over 5+
Crypto related projects worldwide. He Has Almost 7 Years Of Experience In Professional
Strategy And Leading Technology Using Blockchain Systems.

In the fields of IT and internet strategy, transactions and economic distribution networks,
business intelligence, and organizational performance, he is a seasoned operator and will
be on the driving seat of EgonCoin ecosystem worldwide.

Jay Bhinde
Co-Founder at Coinvila

Jay is a marketing genius, and a technocrat with an eye for details who got intrigued by
Blockchain technology in early 2017. Its core benefits being increment in trust, security,
and transparency is paving way for future mainstream use case even now.

In 2017, Jay was part of the team that created the cryptocurrency price analytic platform
which was the starting point for EgonCoin as the ground work and concept was born. With
the team sharing the same vision and experience on trading and actively assisting other
platforms, we ventured full time to create Eagle Network, an innovative free mining app
with progressive insight.

Join us as we build a crypto ecosystem as simple as possible for you that elevates your
crypto position like never before.

Hammad Ali
Blockchain Engineer

Hammad is a Blockchain Engineer and a full stack developer with robust problem-solving
skills and proven experience in creating blockchain systems.

With knowledge and proficiency in Blockchain Technology as well as strong skills and
ability in writing clean and efficient code.

Hammad will be active fully to develop and maintain EgonCoin ecosystem applications.

PAGE 21
07 EGONCOIN (EGON)

EgonCoin is the native token for the EgonCoin Platform. The primary purpose
and utility of EgonCoin (EGON) is to serve as the primary currency on the
upcoming Egon Exchange platform. This will enable holders to access a diverse
range of benefits and services. Users can pay the fees on the Egon Exchange
through EgonCoin Token. The EgonCoin Token serves as a key component of
the platform's ecosystem, providing users with a range of benefits and
incentives. One of the main benefits of using the EgonCoin Token is the ability to
free reward by staking the EgonCoin Token on the staking app. Additionally, the
EgonCoin Token provides users with access to a range of DeFi services, users
can use EgonCoin Token to make payments around the world with more
security and speed. To take the full benefits of the EgonCoin blockchain it is
highly encouraged to use the EgonCoin Token.

EgonCoin Token is fuel to all existing and upcoming products of the EgonCoin platform.
It will be used in the upcoming payment solution offered by EgonCoin. It will also allow
the developers and users to develop and interact with the DApps on EgonCoin
Blockchain. It will act as currency for all the platform's operations and also allow the
business to pay the fee to issue their tokens. Also, to power the upcoming payment
gateway, EgonPay, EgonMall, Egonverse, etc. More and more use cases and
ecosystems will be created also by partner companies after mainnet.

Given its unique combination of benefits and its position within the rapidly growing DeFi
sector, it is not surprising that the EgonCoin Token is poised for strong growth in the
coming years. With the combined power of the EgonCoin blockchain and the growing
demand for alternative financial services, the EgonCoin Token will likely play a key role
in shaping the future of finance and providing users with more control over their
financial lives.

PAGE 22
08 EGONCOIN TOKENOMICS
COIN NAME EGONCOIN

COIN SYMBOL EGON

MAX SUPPLY 271,000,000

DECIMAL 18

NETWORK EGONCHAIN

SPECIFICATION EGC-20

CONSENSUS EPOS

PAGE 23
08 EGONCOIN TOKENOMICS
TOKEN ALLOCATION

2% 1%
1%
1%
1%
4%
20%
10%
1%
TOTAL FIXED SUPPLY
271 MILLION
DEFLATIONARY COIN
19%

40%

20% Stake Reward Dapp 1% Marketing & Promotion

1% DEX Development Fund 1% Air Drop

19% Wrapped Egonswap Token 1% Advisor

40% Investors 1% User Engagement

10% Team 2% R&D

4% Exchange Listing

1,000,000 Initial Burn

(Sent To Vitalik Buterin)

PAGE 24
08 EGONCOIN TOKENOMICS

Fixed Supply Deflationary Model Staking Reward

FIXED SUPPLY
T

The EgonCoin Token differs from other Proof-of-Stake or Enterprise Proof-of-Stake

tokens, as it has a fixed supply of 271 million. The fixed supply model was chosen to
provide network validators and holders with a predictable revenue flow.

DEFLATIONARY MODEL
T

EgonCoin is a deflationary blockchain coin as the development team has

implemented an automatic burn of part of the transaction gas fees on the fly,
including quarterly burn of EgonCoin (EGON) which effectively reduces the
circulating supply resulting in increased scarcity of EGON over time. Over time the
supply of EgonCoin Token will decrease thus increasing the demand and price. The
best time to buy the EgonCoin was yesterday and the next best is now.

STAKING REWARD
T

There is no delegation role in the EgonCoin blockchain instead holders can make use
of the Elevated stake contract to stake and get rewarded over time. Node operator
must stake a minimum required amount of EGON tokens (currently set at 100,000
EGON) splinted 50/50 between node setup and elevator dapp. A holder of EgonCoin
is free to stake using the staking DApp to stake for any length of time, and he can
unstake anytime. However, there is a 15% fee (only from earned reward) for users who
try to game the staking contract by unnecessary stake/unstake and even more
unstake all within a short time. Profit for staking ranging from 1% to 18% according to
the duration of stake.

PAGE 25
09 EAGLE MINING NETWORK
Mining cryptocurrency is a resource-
intensive process that requires a
significant investment in hardware and
energy. This has made it challenging for
individuals and small groups to participate
in the mining process and reap its rewards
The core team of EgonCoin
provided the solution with a cloud mining
network called Eagle Mining Network.

In 2017, the core team established CoinVila.com, a cryptocurrency price analytics

platform that remains active today. Building on their success, they launched mobile
mining through Eagle Mining Network in February 2021, which rapidly gained popularity
and reached over 3 million users in its first year, with a current user base of over 5
million. Eagle Mining Network offered a solution to this problem by allowing users to

mine from their mobile phones. This eliminated the need for users to invest in their
T
own hardware and reduces the energy consumption required for mining. With cloud
mining, individuals and small groups can participate in the mining process and
benefit from its rewards without the significant upfront costs associated with
traditional mining.

The Eagle Mining Network is a groundbreaking platform launched by the core team of
EgonCoin. It provides users with an innovative cryptocurrency mining experience and
rewards those who engage in daily cloud mining activities. The team behind this
venture is highly experienced and shares a common vision for creating a free mining
app with cutting-edge features.

Eagle Mining Network initially deployed the EgonSwap Token on the Binance Smart
T
Chain network, following the trend of many projects that start with a token on the
Ethereum or Binance Smart Chain network before porting to their own blockchain. The
platform has since ceased offering EgonSwap token to users and will instead offer a
diverse range of tokens created and deployed by its EgonCoin blockchain partners.

CryptoKara Wallet App

CryptoKara wallet app is the first decentralized wallet created by the team using
the Binance Smart Chain as base to offer EgonSwap Token (EgonToken) to it miners
on the first phase. Going forward both CryptoKara wallet and EgonWallet will be
maintained for the use of the growing community.

PAGE 26
10 EGONCOIN UTILITIES
Egon Coin will serve as utility token in following EgonCoin products:

EgonExchange EgonDAO EgonPay

Egon Staking Dapp EgonWallet EgonMall

Egon NFTs EgonVerse EgonAI

EgonAcademy EgonWork

EgonBrowser

PAGE 27
10 EGONCOIN UTILITIES
EgonAI

EgonAI will be a cutting-edge AI platform that offers similar capabilities to modern AI

systems, but with a unique twist. It will be powered by the combined power of EgonCoin
Blockchain and EgonCoin Token. It will leverage the EgonCoin Token to enable users to
interact with it. This provides users a secure, decentralized, and efficient way to access
advanced AI services. By using the EgonCoin Token, users can transact with AgonAI
without the need for intermediaries, ensuring that their data and information remain
private and protected. With AgonAI, users have access to a powerful AI platform that is
both accessible and secure. This will be a great addition to the EgonCoin platform
through which EgonCoin can expand its wings to new territory and it will add a new
utility to the EgonCoin Token.

EgonPay

EgonPay is a revolutionary new set of mobile-first tools that will allow individuals and
businesses to transact using the cryptocurrency EgonCoin Token. This new payment
method will provide a fast, secure, and convenient way to send and receive payments
without the need for traditional banking systems. EgonPay will provide merchants with
a payment plugin and API that can be used both online and offline, making it a
versatile payment solution. In addition, to incentivize adoption, EgonPay will launch a
reward program for its early adopters and merchants who integrate the payment
solution into their businesses.

With EgonPay, users can manage their EgonCoin wallets directly from their mobile
devices, making it easy to make purchases, transfer funds, and keep track of their
transactions. The mobile-first design of EgonPay also means that users can enjoy a
seamless payment experience, regardless of their location. Whether you're a business
owner or a consumer, EgonPay makes it easy to use EgonCoin as a payment method,
providing a more accessible and secure alternative to traditional payment methods.

PAGE 28
10 EGONCOIN UTILITIES
EgonDAO

EgonCoin is a decentralized autonomous organization (DAO) platform that operates

without a central authority. This public blockchain platform is fully decentralized,
meaning that anyone can integrate with or build on top of it without seeking
permission from the project team. This open architecture allows for the development of
the network and node software by anyone who wishes to contribute. The DAO structure
of EgonCoin empowers the governing parties to make decisions through proposals
and voting. This enables the platform to operate in a decentralized, democratic
manner, free from central control. Proposals or EgonCoin Elevated proposals (EEPs) can
be suggested by any entity and discussed under this GitHub repository.

After proposing and discussing every proposal, the proposal that will be implemented
is voted on by the validators before upgrading the network. The governance of the
platform will be distributed among the Network Validators and EgonCoin Foundation
and the project team.

Network Validators: EgonCoin validators also known as Elevators play a critical role in
the platform's decision-making process. Elevators are responsible for deciding on the
adoption of EgonCoin Elevated Proposals (EEPs). Currently, each elevator has an equal
say in the decision-making process, with one vote regardless of their stake in the
network. However, this may change shortly as the platform evolves.

EgonCoin Foundation and the project team: The EgonCoin project team is responsible
for several key tasks that keep the platform running smoothly. They carry out network
protocol updates that have been adopted by the validators, as well as other necessary
protocol changes that don't require validator votes. Additionally, they maintain the full
node software to ensure optimal performance. To increase the adoption of the
network, the team is dedicated to improving the technology stack, establishing new
partnerships and integrations, onboarding new ecosystem projects, and promoting the
platform within the cryptocurrency industry and beyond.

PAGE 29
10 EGONCOIN UTILITIES
EgonMall

EgonMall will be an innovative e-commerce market that will provide a new way to shop
and pay. By using the cryptocurrency EgonCoin, EgonMall will offer a fast, secure, and
convenient payment method for its users. This will enable consumers to make
purchases without the need for traditional banking systems and will allow businesses
to accept payments without incurring high fees or chargeback risks. EgonCoin will
serve as an escrow system, holding funds in a secure account during a transaction
and releasing them only when all the agreed terms and conditions are met. This helps
reduce the risk of fraud or non-payment and provides a fair and safe experience for
both parties involved.

With EgonMall, users will have access to a wide variety of products and services, all
backed by the security and stability of a decentralized cryptocurrency. Whether you're
a shopper or a seller, EgonMall will offer a modern and innovative way to participate in
the e-commerce market.

EgonWork

EgonWork is poised to revolutionize the freelance market. It offers a unique

combination of a decentralized marketplace and the security and convenience of a
cryptocurrency payment system. With EgonWork, freelancers and businesses can
transact using EgonCoin, a cryptocurrency that provides fast and secure payments
without the need for intermediaries. This enables businesses to access a global pool of
talent, and freelancers to receive payment for their services with minimal transaction
fees and processing time. The decentralized nature of EgonWork also ensures that both
buyers and sellers are protected from fraud and disputes, making it a secure platform
for freelance work. EgonWork is poised to become the go-to platform for businesses
and freelancers seeking a fast, secure, and convenient way to connect and transact.

PAGE 30
24
10 EGONCOIN UTILITIES
EgonVerse

EgonVerse will offer a vibrant and diverse metaverse experience for its users. By
leveraging the EgonCoin cryptocurrency, transactions within the platform will be fast,
secure, and cost-effective. The economy within EgonVerse will thrive as users
exchange virtual goods and services through EgonCoin. It will be a hub for users to
connect, engage, and participate in a wide range of activities such as socializing,
shopping, and beyond. EgonVerse will provide gamers a chance to earn while they
play using the Play-to-Earn mechanism. EgonVerse will introduce several Play-to-Earn
NFT games through which its user can earn while they play, also users can trade the in-
game digital item across the EgonCoin platform using the EgonCoin Token.

The platform's use of EgonCoin as the payment system guarantees fast, secure, and
low-cost transactions. Whether you're a gamer, socializer, or entrepreneur, EgonVerse
will provide a unique and immersive experience like no other.

EgonWallet

Decentralized crypto wallets are an essential factor in owning and investing in

cryptocurrencies of any sort. Wallets for digital currencies are very similar to wallets for
your hard, in-hand currencies, like dollars or euros; just a digitized version of your bank
account. They are used to buy and store your crypto and send your crypto to others.

EgonWallet will simplify financial transactions for consumers and businesses, making
them more accessible, faster, and affordable. But besides this organizations can
leverage a tailored version of EgonWallet and EgonCoin to create tokens for use by
their users. These tokens can be used within the organization's proprietary app or a
modified version of the EgonCoin Wallet. This flexible integration allows organizations to
offer a seamless and secure experience for their users, using the benefits of EgonCoin's
decentralized platform and its associated wallet.

For the payment solution, EgonWallet will be the world's simplest, most secure
decentralized multi-crypto wallet application that is designed to provide DeFi access
and other crypto-related use cases. EgonWallet will allow the users to securely store
their crypto assets so that they can be used for transactions on a P2P level without any
third-party intermediaries. The initial million wallet users will be privileged as they will
be recognized and rewarded as the first users.

PAGE 31
10 EGONCOIN UTILITIES
EgonBrowser

EgonBrowser, the future of internet browsing, will be powered by the EgonCoin

blockchain and cryptocurrency. This innovative platform promises to offer users a fast,
secure, and user-friendly browsing experience, enhanced by the decentralized nature
of the EgonCoin network. With EgonBrowser, users can be rewarded for their browsing
activity with cryptocurrency. Instead of using conventional browsers that don't offer
any incentives, EgonBrowser provides a way to earn crypto while browsing the web.
With EgonBrowser, users can navigate the web with added security and privacy, thanks
to the power of blockchain technology. In addition, the integration of EgonCoin as the
underlying payment system will enable users to conduct fast and cost-effective
transactions, allowing them to pay for goods and services directly from their browsers.
Designed to provide a seamless and efficient experience, EgonBrowser merges the
advantages of blockchain technology with the convenience of a contemporary
internet browser. Whether you're searching for information, shopping, or connecting
with your social networks, EgonBrowser will provide the ideal platform for all your online
activities.

EgonAcademy

EgonAcademy will be an innovative online learning platform that will offer educational
solutions focused on the usage and applications of blockchain technology. Its mission
is to empower individuals and organizations by providing them with a vast range of
learning opportunities. From introductory courses to hands-on labs, EgonAcademy will
equip users with the practical knowledge they need to succeed in the thriving
blockchain industry. The lab environment on the platform will offer the opportunity for
users to gain hands-on experience by building real-world blockchain applications.
Utilizing blockchain technology for education is a strategic move, offering a secure and
transparent means for tracking learning progress and certification. EgonAcademy will
provide its users with a comprehensive education in blockchain technology, ranging
from the basics to advanced use cases, enabling them to stay ahead in this exciting
field. Whether you are just starting or seeking to expand your skillset, EgonAcademy is
the ultimate platform to help you achieve your goals.

PAGE 32
10 EGONCOIN UTILITIES
EgonExchange

EgonExchange will be among the flagship products offered by the EgonCoin platform. It
is set to be a cryptocurrency exchange that is built on the EgonCoin blockchain and
leverages its native cryptocurrency, the EgonCoin token. This state-of-the-art
exchange will offer users a secure and user-friendly platform to trade a diverse range
of cryptocurrencies. EgonExchange offers Project Lab, a remarkable feature that
provides users with early access and opportunities for projects deployed on the
EgonCoin Blockchain. These projects will receive priority listing on the EgonCoin
Exchange and receive support for successful listing through the EgonExchange
Launchpad.

With its decentralized infrastructure and integration with the EgonCoin network,
EgonExchange will provide fast and cost-effective transactions, empowering users to
trade with confidence. The platform is envisioned to deliver a seamless and intuitive
user experience, making it accessible for everyone to trade cryptocurrencies. Whether
you are an experienced trader or a newcomer to the crypto space, EgonExchange will
offer the tools and resources needed to succeed in the dynamic world of
cryptocurrency trading. With its emphasis on security, speed, and efficiency,
EgonExchange is poised to become the premier platform for cryptocurrency trading.

EgonExchange Services

We have real world experience linking blockchain technology and business processes -
across the entire blockchain journey - to deliver meaningful solutions to our clients.

Trading DeFi
Spot & Copy Trading Staking
Margin Trading Yield Farming
Futures Trading Lending & Borrowing
Options Trading dApp Protocols

NFT Project Lab

NFT Marketplace Early Access To Projects

NFT Wallet Priorities Listing
NFT Auctions and Sales Dedicated Support
NFT Creation Tools High Success Rate

Chart and Analysis

Advanced Charting Tools

Market Data And Insights
Market Analysis
Portfolio tracking

PAGE 33
24
10 EGONCOIN UTILITIES
Egon Staking DApp

The Egon Staking DApp is an upcoming platform that will enable the holders of
EgonCoin Token to directly stake their tokens through the app. This innovative platform
is built on the EgonCoin blockchain and utilizes the EPoS (EgonCoin Proof of Stake)
consensus mechanism, providing users with a secure and user-friendly staking
experience. The Egon Staking DApp will offer a convenient way for EgonCoin holders to
earn rewards by simply holding their tokens, making it easy for anyone to participate in
the network. Users to earn from 1% to 18% as stake reward for making use of the
elevated staking DApp. With its focus on security and ease of use, the Egon Staking
DApp is poised to become the leading platform for staking EgonCoin tokens. Whether
you're a seasoned staker or new to the world of cryptocurrency, the Egon Staking DApp
provides the tools and resources you need to succeed in the exciting world of crypto
staking.

PAGE 34
24
11 ROADMAP
Phase 1 (2017 - 2022) Phase 3 (Q4 2023)

Project Inception Validators Onboarding

Core Team Formation EgonCoin Open Mainnet
CoinVila Testnet Release EgonWallet Upgrade
Research & Development CryptoKara Upgrade
Mobile Mining App Launch EgonAi Overview
Five Million Miners Achieved EgonPay Overview
Wallet App & DEX Development EgonExchange Overview
Token Deployed on Binance Smart Chain EgonVerse Gaming
EgonCoin Testnet Launch EgonStatus Overview
EgonWallet App Launch Marketing Push
Whitepaper v2 EgonCoin Partnerships

Phase 2 (Q2–Q3 2023) Phase 4 (From 2024)

EgonCoin Mainnet (Enclosed EgonCoin Exchange Development
EgonBrowser App (Testing) EgonNFT Prime
5 Miliion Users EgonPay Development
Investor Pitch EgonAi Development
EgonCoin Site Update EgonCoin PR
Marketing Outreach Marketing Drive
EgonAi Development EgonStatus App
EgonVerse Development EgonMall E-commerce
Mining Partners CoinVIla Upgrade
Validators Invitation Egon Payment Gateway

Please visit our social handles for

current updates and happenings . .

PAGE 35
12 CONCLUSION
In conclusion, EgonCoin aims to revolutionize the blockchain industry by providing a
vibrant ecosystem that combines all its different apps and DApps into one platform.
EgonCoin is a promising blockchain platform that uses the Elevated Proof of Stake
(EPoS) consensus algorithm to offer enhanced security, speed, and scalability
compared to traditional proof-of-stake systems. The platform is Ethereum Virtual
Machine (EVM) compatible, allowing developers to create decentralized applications
(dApps) using the same tools and languages they already know.

With its focus on delivering highly functional decentralized products and services, such
as instant fund transfer, business payment solutions, and NFT, DAO, and Metaverse in a
decentralized manner, EgonCoin has the potential to become the market leader.

Its native token, EgonCoin Token will be the fuel to all these products. The token will be
the primary currency used on the upcoming EgonExchange and provide access to DeFi
services and rewards through staking. The integration of all these high-quality services
into a single platform with a single currency creates an edge for EgonCoin over its
competitors. EgonCoin can benefit both the unbanked population and businesses by
providing them access to the blockchain and DeFi markets, helping them transition
into the digital economy.

PAGE 36
EGONCOIN
Elevated Proof of Stake Consensus
(EPoS)

Contact Us For Listing Or Early Holdings

Info@Egonwallet.Com

Project Site Https://Egoncoin.Com

Wallet Https://Egonwallet.Com

Elevated Stake Https://Stake.Egonscan.Com

Documentation Https://Docs.Egonscan.Com

Egoncoin Explorer Https://Egonscan.Com

Source Code Https://Github.Com/Egonchain