The Electa Coin is our on-ramp for the use of the blockchain. The Electa Coin will be accepted for any purchase of any Derek Automotive product. Our Coin will be released concurrently with our branded crypto wallet to hold our currency, as well as any other digital asset. The use of our Electa Coin will earn consumers discounts and other benefits on purchases.
Our ability to build an economy around our coin means we have the potential to create an asset that can appreciate in value over time, allowing for billions in asset value, while simultaneously facilitating the sale of our products around the globe. Blockchain technology will allow a car company like ours to close deals in an hour, or even minutes, rather than having customers sitting in dealerships for half a day to purchase a vehicle. It’s our goal to meet the future head-on, and create purchasing ease anywhere in the world. Additionally, Crypto provides a new avenue for enhancing a host of more traditional treasury activities, such as: -Enabling simple, real-time, and secure money transfers