The ECD Title of Ownership
Learn About the ECD Title of Ownership
The ECD Title of Ownership
For several years, we searched for the best method to issue a digital ‘Title of Ownership’ for our planned “We the People” rewards campaign. The search was long and grueling because we set our standards very high. The technology had to be easy to use, impossible to counterfeit, easily transferable, and recoverable when lost. We found all of this in the RAIDAtech network and the ECD Title of Ownership.
What is an ECD Title of Ownership?
An ECD Title of Ownership is an electronic title to one of our residential energy devices in the format of a digital picture (a JPEG file). Hidden within the code of this digital picture is a unique serial number to the holder’s residential device. This very special title is only available to the ECD Energy Corp campaign contributors.
How can I hold / protect / safeguard / authenticate the ECD Title of Ownership?
For this, an electronic ECD Vault has been created for you. You will download the ECD Vault to your computer from the ECD Vault Download webpage. The ECD Vault will run on multiple Operating Systems. When you deposit the ECD Title of Ownership into your ECD Vault, the RAIDA system registers the ECD Title of Ownership being assigned to your specific ECD Vault. You are THEN the sole owner of your ECD Title of Ownership. When you want to backup your ECD Title of Ownership to make sure that you will never lose it even if your computer crashes, you will need to export it again and store it, according to our recommended backup system. You can find the details in our ECD Vault User Guides.
Can the ECD Title of Ownership be counterfeited?
No, we have found in the RAIDAtech technology a counterfeit-free system of issuing digital titles. Once an ECD Title of Ownership is deposited in the ECD Vault, it has been authenticated by the system as being assigned to that particular ECD Vault. It cannot be authenticated by another ECD Vault at the same time. Therefore, the ECD Title of Ownership can only have one owner at a time.
You see, authentication data is also embedded within the ECD Title of Ownership itself and can only be read and verified by the RAIDAtech network. The double layered authentication procedure and the distributed network setup of RAIDA secures that authenticating nodes are entirely obfuscated what makes the authentication process impenetrable. As codes are changed every time the ECD Title of Ownership is verified, you can be assured that there never can be more than one valid ECD Title of Ownership that contains a device serial number.
How can I obtain an ECD Title of Ownership?
As part of the ONE-TIME “We the People” ECD Energy Corp reward-based crowd-funding campaign, for a contribution of $100 USD you will receive one ECD Title of Ownership.
How much is the device worth that the ECD Title of Ownership represents?
The residential device is estimated to start at around $3,000 USD. This price does not include delivery or installation cost.
How many ECD Titles of Ownership can I acquire?
There is no limit on how many ECD Titles of Ownership a contributor can acquire. Thus, there is no limit to the amount of contributions per contributor.
Can I use the ECD Title of Ownership as money?
No, the ECD Title of Ownership is a digital ‘Title of Ownership’ to a residential device. The ECD Title of Ownership is not a digital-currency, a crypto-currency, or an equity-based security.
Can I sell my ECD Title of Ownership, if I want to?
After you receive and import the ECD Title of Ownership into your ECD Vault, it is yours to do with as you like. Furthermore, once the campaign has completed, you will be able to trade/sell your ECD Title of Ownership on various exchanges. More information will be provided on this at a later time.