EGAZ $EGAZ

Egaz (EGAZ) is a distinct cryptocurrency that serves as the base currency for the Etica blockchain, a path-breaking project in the realm of Decentralised Science (Desci). The unique proposition of Etica is its unwavering focus on Open Source medical research, completely eliminating the barriers of intellectual property. The EGAZ token serves multiple roles within this ecosystem, transforming the way transactions are undertaken and rewards are distributed.

About Egaz (EGAZ)

Egaz (EGAZ) is more than just a cryptocurrency. It is the lifeblood of the Etica blockchain, facilitating seamless transactions and rewarding miners. Beyond its functional role, EGAZ also holds potential as a store of value given its limited supply, regulated by a tailor-made tail emission system.

Roles of EGAZ in the Etica Ecosystem

The functionality of EGAZ within the Etica ecosystem revolves around three primary roles. Firstly, EGAZ is used as the currency for processing fees of transactions. This not only facilitates quick and efficient transactions but also ensures the sustainability of the ecosystem. Secondly, EGAZ is used to reward miners who support the Etica blockchain, thereby incentivizing active participation and upkeep of the blockchain. Lastly, EGAZ can act as a store of value due to its limited supply, governed by a tail emission mechanism. This scarcity gives EGAZ potential to appreciate in value over time, making it an attractive asset for potential investors.

Future of EGAZ

The future of EGAZ appears promising as it continues to cement its role within the Etica blockchain. As the ecosystem expands and more transactions are processed, the demand for EGAZ is likely to increase. Moreover, as the Etica blockchain becomes more popular within the medical research community, the value of EGAZ is expected to appreciate, further bolstering its proposition as a store of value.