Question 1

What is Ekta v1 (EKTAV1)?

Accepted Answer

Ekta is a Layer 1 blockchain project aimed at bridging the physical world with Web3 technology. It boasts a robust infrastructure and an ambitious roadmap, focusing on developing products that enhance people's lives and positively impact the natural environment. Ekta's unique approach integrates real-world applications with the digital domain of blockchain, striving to bring Web3 technology to a broader audience.

Question 2

Who created Ekta v1 (EKTAV1)?

Accepted Answer

Ekta was co-founded by Alex Shapiro and Yulie Su. Alex Shapiro, serving as the CTO, specializes in financial software development and engineering. His deep understanding of the financial sector and passion for problem-solving are pivotal in driving Ekta's innovative solutions. Yulie Su, an entrepreneur since her university days and an experienced angel investor, brings a wealth of experience, having been involved in early-stage startups that achieved significant success, including a Nasdaq listing. Her diverse background, including majoring in Chinese language and literature at Peking University, complements her role in Ekta's development.

Question 3

What is $EKTAV1 used for?

Accepted Answer

$EKTA is the digital currency of the Ekta ecosystem, serving various functions within its framework. It enables community members to engage in activities like staking, saving, lending, and borrowing. Ekta's ecosystem comprises core components like EktaChain Mainnet, EktaBridge, EktaScan, EktaClaim, EktaStake, and EktaReadiness. These components facilitate diverse operations, such as bridging tokens between blockchains, ensuring transparency through a blockchain scanner, managing staking pools, and simplifying user onboarding. Ekta aims to provide a decentralized and equitable platform for accessing capital, education, and opportunities, thus connecting and empowering its community in the digital economy.