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IMPORTANT FOR BEGINNERS !!!!โœ๏ธ What is a protocol? And its relation to tokens 1. Protocol (or network) It is the โ€œroadโ€ or the sending system you use to move your cryptocurrency. โ€ข Example: Ethereum (ERC-20), Tron (TRC-20), Binance Smart Chain (BEP-20). โ€ข If you choose the wrong road, the package (your cryptos) may get lost. In transfers: When the exchange asks you for โ€œprotocolโ€ or โ€œnetworkโ€, it wants to know which route you are going to send the funds so they can receive them correctly. 2. Token It is what you are actually sending: the โ€œmerchandiseโ€ inside the package. โ€ข Example: USDT, BTC, ETH. โ€ข The same token can travel through different networks. For example, USDT can be sent via ERC-20 (Ethereum), TRC-20 (Tron), or BEP-20 (BSC). In transfers: You must choose the correct token and then the correct network on both exchanges to match. In summary: โ€ข Protocol/network = the path or sending technology. โ€ข Token = the currency/asset that travels along that path. If you make a mistake with the token โ†’ it is not the same asset. If you make a mistake with the network โ†’ it gets lost or stuck. #ERC20Token #Bitlayer
IMPORTANT FOR BEGINNERS !!!!โœ๏ธ

What is a protocol? And its relation to tokens

1. Protocol (or network)
It is the โ€œroadโ€ or the sending system you use to move your cryptocurrency.
โ€ข Example: Ethereum (ERC-20), Tron (TRC-20), Binance Smart Chain (BEP-20).
โ€ข If you choose the wrong road, the package (your cryptos) may get lost.

In transfers:
When the exchange asks you for โ€œprotocolโ€ or โ€œnetworkโ€, it wants to know which route you are going to send the funds so they can receive them correctly.

2. Token
It is what you are actually sending: the โ€œmerchandiseโ€ inside the package.
โ€ข Example: USDT, BTC, ETH.
โ€ข The same token can travel through different networks. For example, USDT can be sent via ERC-20 (Ethereum), TRC-20 (Tron), or BEP-20 (BSC).

In transfers:
You must choose the correct token and then the correct network on both exchanges to match.

In summary:
โ€ข Protocol/network = the path or sending technology.
โ€ข Token = the currency/asset that travels along that path.

If you make a mistake with the token โ†’ it is not the same asset.
If you make a mistake with the network โ†’ it gets lost or stuck.
#ERC20Token #Bitlayer
EComToken (ECOM): A Utility Token for Web3 CommerceToken: EComToken Status: Pre-launch Network: Ethereum (ERC20) Initial Supply: 100,000,000 ECOM Presale: Opening Soon Launch Window: Q1 2025 What is EComToken? EComToken (ECOM) is a smart contract-based utility token built to serve the growing Web3 commerce ecosystem. Designed with flexibility and transparency in mind, it enables programmable payments, merchant-level access control, and future integrations with escrow and DAO systems. Core Features 0.25% Fee Logic Every transfer includes a small programmable fee to support operations, rewards, and ecosystem sustainability. Minting with Supply Lock Option While minting is initially allowed to support presale and distribution, the contract includes a finalizeMinting() function to permanently lock supply when ready. Merchant Whitelisting & Blacklisting Custom access control allows verified merchants to operate fee-free or with privileges, while suspicious addresses can be restricted. Future Upgrades Escrow-based transaction layers, DAO governance, and multi-chain expansion (including BNB Chain and Layer 2) are part of the post-launch roadmap. Roadmap Preview Quarter Milestone Highlights Q1 2025 Mainnet launch, presale wrap-upQ2 2025 DAO module, staking, and merchant onboardingQ3 2025 Escrow payment integration, dev ecosystem grantsQ4 2025โ€“2026 Layer 2 expansion, B2B payment flows, embedded checkout systems Vision EComToken aims to become a foundational asset for decentralized e-commerce, enabling secure, transparent, and programmable payments across platforms and use cases. Presale is approaching, and community onboarding is live. We welcome early supporters, dev contributors, and excha$nge partners to join us as we bring decentralized commerce on-chain. #EComToken #Web3Commerce #TokenPresale #BinanceListing #ERC20Token $ETH

EComToken (ECOM): A Utility Token for Web3 Commerce

Token: EComToken
Status: Pre-launch
Network: Ethereum (ERC20)
Initial Supply: 100,000,000 ECOM
Presale: Opening Soon
Launch Window: Q1 2025

What is EComToken?
EComToken (ECOM) is a smart contract-based utility token built to serve the growing Web3 commerce ecosystem. Designed with flexibility and transparency in mind, it enables programmable payments, merchant-level access control, and future integrations with escrow and DAO systems.

Core Features
0.25% Fee Logic
Every transfer includes a small programmable fee to support operations, rewards, and ecosystem sustainability.

Minting with Supply Lock Option
While minting is initially allowed to support presale and distribution, the contract includes a finalizeMinting() function to permanently lock supply when ready.

Merchant Whitelisting & Blacklisting
Custom access control allows verified merchants to operate fee-free or with privileges, while suspicious addresses can be restricted.

Future Upgrades
Escrow-based transaction layers, DAO governance, and multi-chain expansion (including BNB Chain and Layer 2) are part of the post-launch roadmap.

Roadmap Preview
Quarter Milestone Highlights
Q1 2025 Mainnet launch, presale wrap-upQ2 2025 DAO module, staking, and merchant onboardingQ3 2025 Escrow payment integration, dev ecosystem grantsQ4 2025โ€“2026 Layer 2 expansion, B2B payment flows, embedded checkout systems

Vision
EComToken aims to become a foundational asset for decentralized e-commerce, enabling secure, transparent, and programmable payments across platforms and use cases.

Presale is approaching, and community onboarding is live.
We welcome early supporters, dev contributors, and excha$nge partners to join us as we bring decentralized commerce on-chain.

#EComToken #Web3Commerce #TokenPresale #BinanceListing #ERC20Token
$ETH
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