More detail: https://bitscreener.com/coins/ecocoin
The ECO coin is an alternative token with the aim at expressing environmental value which is partly destroyed by the current disconnect between environmental and economical issues. The coin ECO targets at linking the two spheres by making environmental value specific in economical terms. The ECO is funded by a micro banking tax on global financial transactions. Such a tax on banks can begin as low as 0.005 per cent, but when levied on the funds flowing around the worldwide finance system every day through transactions such as foreign exchange, derivatives trading and share deals, it has the power to raise hundreds of billions every year. Proposals for such taxation – also denoted as the Tobin Tax or more recently Robin Hood tax – have been around for over forty years and the pressure to implement it is increasing ever since.
