Electra ($ECA) is a “Proof-of-Stake” coin (50% annual return) that is completely driven by its community. Meaning that there are no CEOs, the community is in complete control. Also, there was never an ICO for the coin which provides a fully decentralized feel. The Electra team is comprised of people from all around the planet, working towards the whole goal of being extremely fast, secure, scalable and having little to no fee. The value of a purely community driven coin is endless and has an almost Bitcoin like feel to it, except its about 200x better. The team is planning on rolling out its whitepaper within this first quarter of 2018 along with their “Atomic Swap” feature. Atomic Swap means that you will be able to swap essentially any cryptocurrency for ECAs, saving you the time and energy of using a third party or exchange. Not only that but they also have plans to release their iOS/ANDROID wallet in Q2 of 2018.
Sourced through Scoop.it from: www.cryptocipher.net