Eco Association Update: July 2024

From a party in the woods to a full-scale rebrand, we have lots to highlight this month. Welcome to Eco Association’s monthly newsletter, where we cover developments in the Eco currency protocol and the broader community.

Let’s get to it.

Beam Becomes Bend

Beam has rebranded!

Introducing Bend, still the easiest payment app for sending and receiving money worldwide — free, with no limits, and no bank account required.

Existing Beam users can transfer their accounts from Beam to Bend with a single click. (just head to beam.eco and follow the prompts 🎉)

Bend has also added a ton of new features:

• Connect external wallets such as MetaMask, Coinbase Wallet, and WalletConnect to spend freely from those balances,allowing greater flexibility on how you use the app

• Set spending limits,and control your funds at all times 

• Sign in with Farcaster for a web3-enabled social login experience

FEST’ing with Friends with Benefits

Eco was a proud sponsor of FWB Fest this past weekend, bringing onchain payments validation to forests of Idyllwild, California. Part music festival, part emerging tech conference, the three day festival was packed with music, innovative ideas, and immersive experiences. Check out a few photos from the weekend below and stay tuned for a more detailed recap later this month!

Community Governance ⚖️

The team remains focused on the transition from ECO to ECOx and the development of the MVP for the new system.

Happenings & Shoutouts 

💼 Eco Inc. is expanding, and we are on the lookout for a talented Head of Partnerships & BD! This pivotal role will involve forging strategic partnerships and driving business development initiatives to propel Eco forward. Apply on Bountycaster's new job board.

💸 Stablecoins on the rise! According to @ournetwork__, the stablecoin market now includes 107 million holding addresses and 18.5 million active addresses as of June, with a market cap of $166.3 billion. Crypto's best use case is payments, and stablecoins are a critical part of how we move money.

🔆Celebrate OᑎᑕᕼᗩIᑎ ᔕᑌᗰᗰEᖇ with Bend! Send money on Bend for free and enjoy seamless, cost-free transactions.

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This email is for informational purposes only and all token-related updates are compiled from publicly-available sources (as described below). It should not be construed or relied upon as financial advice and it is not an offer or recommendation to buy or sell any asset or enter into any transaction.  The development and operation of the Eco network is decentralized, so any protocol upgrades discussed above that have not yet been implemented remain subject to community governance approval.  Nothing in this email is confidential and all material information contained herein is publicly available to members of the Eco community through its Discord, community update calls, independent third party websites, on-chain transaction records, and other open channels.