EGD Development History

Products Events

2014

Xing yunlai Heritage Liquor in red and yellow(Classic), 50-year-old Liquor, EGD Future Liquor, EGD Member Liquor and EGD Liquor hit shelves, consumers will be rewarded EGD upon consumption.

On September 5

EGD began to sell 3D tablets.

On September 28

Shanghai Mint released EGD EGD Commemorative Gold Bar

On December 18

Personalized Future City Commemorative USB flash disk appeared in our online mall.

EGD water came into use, offered in markets and online shops.

On December 22

Personalized EGD Key Ring appeared in online shops.

On December 27

Poly. Fanjinshan Tea Industry Compound Funds has been released.

On December 29

EGD Dadao Saffron Tea began to be supplied to markets and online shops.

2015
On January 12

EGD Card Swiping Readers were nationally released.

On January 23

Sunnylands Dry Red Wine and Mountain Oak Dry Red Wine available in online shops began to reward consumers EGD.

On February 2

EGD pollution-free food gift began to enter markets and online shops.

On February 3

EGD Commemorative Medal has been for sale all over the world.

Put EGD in your purse: EGD Gift Bank Card was born!

In Ritan Cafe, Wal-Mart gift card and Ctrip prepaid card can be exchanged, the future field entered an unprecedented era of global voucher.

Ritan Cafe began to convert three major telecommunication cards,China Mobile, China Union and China Telecommunication.

Ritan Cafe began to convert three major telecommunication cards,China Mobile, China Union and China Telecommunication.

Future World & COFCO card, Jiuxian Gift card began to be available in Global Voucher Cafe.

Future World & Movie Time card came to use in Global Voucher Cafe.

Future World & No. 1 Shop gift card came to use.

Future World and JD co-brand e-card goes on line/p>

Future World and Property&Credit co-brand gift card goes on line

Future World branding Hong Kong Octopus cards start to be exchanged at Ritan coffee shop

On January 1

Multinational Founding Team jointly made E-GOLD Agreement and released EGD. Global Bterworld EGD has gained commercialization and independent operation.

In March

EGD Founding Team has reached agreement with the investment company, launching the independent exchange www.egdmarket.com.

On May 16

EGD was released simultaneously around the world

On July 10

Wanlibao Wallet APP launched the Global EGD Wealth Appreciation Program.

August

Future City E-shop was launched which is http://shop.futurecity4u.com.

On November 1

Celebration was performed for Future Wealth Leaders Summit and Global Future City going public in America.

On November 9, 2014

In Shijiazhuang,we performed a ceremony for Future City being listed in the United States.

11月 29日

重庆网民公社招商大会

On December 12

Meeting named "New Global Vision. Good Mind state” of Future City Team was held in Thailand.

In mid-December 2014

EGD was authorized by Master Card to open accounts.

On December 28, 2014

The first Global EGD Encrypted Asset Forum was held in Shenzhen.

Until December 30, 2014

Users of Bterworld APP reached 30000.

Until January 12, 2015

The number of global EGD user nodes reached 5000.

On January 22, 2015

The tenth China International Financial Brand Innovation Summit was held in Diaoyutai, present at the summit were representatives of the encrypted asset all-win business mode and gained awards.

On January 30, 2015

In Hong Kong--the global most innovated encrypted asset exchange ANX announced that EGD could be traded on the platform.

From January 31 to February 1, 2015

Thailand Member Center has been available.

Startup Meeting of Global Future City Holdings Ltd Asia-pacific Member Service Center and Press of Global Future World 2015 Strategic Planning was held on F52, Huarun Building, Bangkok, Thailand, present at the meeting were more than 100 representatives from the world.

Until February 2, 2015

The consuming amount of Bterworld users reached 4 million yuan.

On February 6, 2015

Joint merchants of the all-win business mode reached 200, including Dalian Telecommunications EGD cooperators, Dalian Blue Valley Club, Beijing Ritan Cafe, etc.

China Chamber of International Commerce visited Panama-Pacific World Exposition in San Francisco, United States, where Chinese exhibitor reached strategic cooperation with Encrypt Asset All-win Business Mode.

4月

锁屏分享广告费-APP”E划“上线

曼谷成立 JCFC 合资公司 进军国际地产业

5月

餐饮美食平台APP“EGD金美食”上线

On June 12, 2015

Legal expert of Global Encrypted Asset Marco Santori released EGD legal opinion.

On June 27, 2015

Global Encrypted Asset Training Group Holdings Ltd successfully held the first training course .

In September, 2015

Ligou Marketing Association was established, committed to finding merchants for Global Voucher.

On August 20, 2015

The activity "Boundless-love EGD and Collection for love" praying for Tianjin was held successfully.

September

EGD entered the era of customizing for merchants.

On September 12, 2015

Signing Ceremony of Cooperation Agreement between Pratt&Whitney and Infinite Business Alliance was held.

On September 17, 2015

Infinite Business Alliance "EGD Loyalty Point" investment creates China Acer Truncatum industry chain.

October

EGD operation team officially authorized Future World Group to promote business mode worldwide.

兑换券与海外房产无缝对接。

On October 2, 2015

Infinite Alliance joined hands with Inner Mongolia Hangmu Yangyang Agriculture and Animal Husbandry Co., Ltd to create organic-cycle ecological industry chain.

On October 28

Future Voucher APP came to use officially and was used by the first user.

On November 10, 2015

EGD Culture&Loving platform officially opened.

On November 17, 2015

In Ritan Cafe, Wal-Mart gift card and Ctrip prepaid card can be exchanged, the future field entered an unprecedented era of global voucher.

On November 25, 2015

Users of Global Voucher APP reached 11836.

Future International Holdings Ltd Hongkong Office came into use.

On December 23, 2015

Startup-meeting of Future World Global Market was held in Hong Kong.

On December 30

Users of Global Voucher APP reached 60,000.。

2016
On January 11, 2016

Ligou Marketing Association was awarded Unit of Consumer Satisfaction focusing on quality and credit.

On January 16

Ligou Marketing Association got many authoritative awards of China New&Innovative Economy Mode and Development Summit.

2月22日

EGD香港工作会议召开

3月 2日

未来世界海洋量子号韩国之旅首航

Wallet Download



EGD Introduction



EGD is an encrypted peer to peer (p2p) asset which can be used to share and transfer wealth around the world at almost zero cost. EGD is an open source network without any central control nodes. The EGD network’s rigorous cryptographic protocol ensures that every user’s account information is safe when used within the system. A block of data is generated in only 60 seconds using the EGD protocol and requires at least 3 confirmations to be officially accepted. When compared to other encrypted assets, EGD holds a lead in confirmation speed while retaining a high level of efficiency with higher transaction volumes. EGD provides enterprises with a mature, safe and stable business tool with a strong transaction system with a business ready blockchain.

The EGD reward point network was created with equity as a key principle and is based off of the limited amount of the asset generated. The amount of new EGD distributed yearly will decrease 47.5% after passing through 2102400 blocks of data with a total volume of EGD set at 84 million.



  • Reward System

    The initial reward rate for EGD is set at 1.75% of a transaction volume with the rate declining by 47.5% every four years. Like Bitcoin, new EGD will be rewarded within this declining rate pattern until the final total volume is reached.

  • Value Appreciation

    The multinational teams at Advancer Union Limited (UK), EGD enthusiast and trade platforms will be the first to witness the first stages of EGD value appreciation. At the “Global Bitcoin Summit” held on May 10th, 2014, EGD announced its emergence on the global stage and that global marketing efforts had begun, leading to appreciation.



  • Security

    EGD records and stores data through a distributed network of peers, avoiding exposure of the transaction system to an attack directed towards a centralized service. EGD uses the POS (Proof of Stake) block verification system which avoids the pitfalls of the more traditional crypto asset POW (proof of work) which faces the potential threat of a 51% attack. Naturally, the POS system does have the same theoretically issue with a 51% monopoly, but in a POS system, the attacker would need to spend a large sum of money in order to acquire 51% or more of the crypto assets and then have to find a way to redistribute the assets via sale following the attack which makes such a circumstance extremely unlikely. Even if an attacker did manage to achieve such a monopoly, the biggest victims would be the largest stake.





  • What is EGD
  • EGD is an abbreviation for E-GOLD and is a form of internet gold built on a p2p network. On January 1st of 2014, 17 experts in many fields from 7 different countries created EGD. The total quantity of EGD available for the whole world is 84 million, which will be released gradually over 100 years and the quantity of EGD in circulation around the globe is 42 million. EGD points are not currencies, but are instead a form of loyalty points, which can be used as a consumption asset which can be rewarded to consumers by merchants around the globe. These points can take the place of the loyalty points that have been given out as rewards to consumers in traditional society in order to form universal network of loyalty points.
  • How to gain EGD
  • Unlike many other Blockchain based coins, EGD general loyalty points discard the traditional mining model and focuses on a method of share distribution which saves a lot of processing power. Users may purchase EGD that is sold by other users on third party exchange platforms. Once a user has obtained EGD, they will be qualified for sharing newly generated points within the share distribution model. Users can share points with global online users to receive value in the form of asset appreciation. EGD can be gained in many different ways, such as the Bterworld App or by be given to a member as a reward for consumer activity as returned profits. Overall, EGD is decentralized and does not have a single defined issuer. The only way users can gain EGD is from other users who transfer EGD.
  • How to use EGD
  • EGD serves as both a loyalty point and crypto asset and its primary purpose is to enhance wealth circulation between merchants and customers. Once merchants have EGD, they may use to reward consumers in place of discounts or rewards in traditional reward systems. Merchants can help popularize EGD by offering online tasks for rewards and rewarding consumers with it as part of an advertising fee. Following consumers receiving the rewards, they can sell the points on large third party EGD and crypto-asset trading platforms. EGD can appreciate in user accounts and this additional value can bring in profits for consumers.



EGD Statement







Throughout human history, progress comes from revolutionary changes that have been gradually improved and stabilized.

Crypto assets have aroused lots of attention since its inception. In order to enhance social and economic growth with this emerging technology, different countries have passed different legal and regulatory

Market position: EGD is not a currency as it is not used to make payments or as a payment method for items. It is not designed with the intent of affecting the payment habits of the public nor will it affect the government’s monetary or fiscal systems. EGD is a crypto asset which is set to be used as global unified loyalty points. EGD is circulated between merchants and consumers as consumption rewards to consumers. Ownership of EGD is completely delivered to the recipient once a deal has been completed and there are no subsequent legal entanglements. It is within civil responsibilities to trade EGD on the basis of the equivalent exchange of market economy.

Taxation notice: “Notice of State Administration of Taxation on Enterprise Income Tax” (Guoshuihan [2008] 875): (5) Discounts for sales promotion are business discounts, sales involved in promotions should be determined in accordance with the amount after the revenue is deducted.

Article 44 from “The Enterprise Income Tax Implementation Regulation” states that qualified advertising cost should be no more than 15% of the annual turnover, unless it is prescribed by competent financial or tax departments; if surpassed, it can be deducted in the following year. In other words, merchants may use discounts for advertising cost to buy EGD and then reward it to consumers with the cost being included as an advertising expense, indicating that the practice itself may be tax-free. Whereas possible tax issues aroused among consumers during the process of trade activity are still subject to taxes which shall be undertaken by each party individually.

Many countries and regions of the world define EGD loyalty points as a crypto asset. The trading of crypto assets can be viewed as being like the process of trading physical assets. Countries such as Germany, USA, UK, Japan, Australia, Singapore, Canada and France charge VAT whereas countries such as Finland and Denmark charge no tax. In California, crypto assets are endowed with legal tender status. The circulation of EGD loyalty points within the global economy is legal.