What is EGYPT? A gold-backed open-source payment network which allows peer-to-peer transfer of tokens among community or EGY holdersShow more [+] .
EGY decentralized blockchain technology is build on Ethereum protocol to operate with no central authority or banks. However, EGY Marketplace is decentralized with centralized trade audits and dispute resolution for a start. EGYPT (EGY) development team will explore means to decentralize this feature in future.
EGYPT (EGY) is a simple way to exchange money at a very low cost. It also provides low cost online shop or service center setup. For this reason, EGYPT (EGY) marketplace will be developed as a multipurpose, multi vendor marketplace to buy or sell goods and services in exchange for EGY coins