27. June 2024

Important Update: Strategic Product Shift Towards Greater Adoption and Distribution for eCredits Wallet

Dear eCredits community,  

There are some pivotal changes in our product strategy that we would like to share which mark an important step for eCredits Wallet and our native coin, ECS. As we continue to evolve and adapt to the dynamic web 3 landscape, we have decided to make changes in our general product strategy, shifting our focus from some product features towards pushing the distribution and adoption of ECS via third party partnerships and cooperations. Practically this means that we are planning to retire several existing features and programs, including the eCredits Online Shop (previously hosted at shop.ecredits.com and retired as of 27.06.2024), eCredits Academy, and the Ambassador program as part of our broader strategy to focus our efforts on growth- and distribution-oriented aspects.  

Why the Change? 

Our top priority has always been to provide the best possible experience for our users while ensuring the widespread adoption of our products. However, the maintenance of some secondary native features has proven to be highly resource-consuming and less efficient when it comes to the product growth after a certain phase. By shifting our focus towards strategic partnerships and third-party implementations, we can leverage the strengths and reach of our partners to drive greater adoption and distribution of our product. We believe that this would allow us to increase the reach of eCredits Wallet and its services in a more flexible and efficient manner, instead of maintaining resource-consuming services that have less contribution to the growth of eCredits. 

What Does This Mean for You? 

  • Enhanced Accessibility: By collaborating with third-party platforms and integrating ECS with other services, we aim to make eCredits Wallet and ECS more accessible to a broader audience. This means you will soon be able to use eCredits (ECS) in more convenient and flexible ways. 
  • Increased Adoption: Strategic partnerships will help us integrate eCredits Wallet and ECS into more ecosystems, driving higher adoption rates and increasing the utility of ECS. 
  • Streamlined Focus: Retiring certain features and programs allows us to streamline our efforts and resources, ensuring that we can deliver a more focused and efficient product to our users. 

New Heights  

We understand that these changes might be challenging. However, we strongly believe that this strategic shift will better position eCredits Wallet and ECS for long-term success. Our commitment to the eCredits community remains unwavering, and we are dedicated to ensuring a smooth transition as we implement the changes. 

Rest assured that eCredits Wallet and its key features remain operational, and you can continue shopping with ECS as usual. We are incredibly grateful for your continued support and enthusiasm. Together, we can achieve greater heights and drive the adoption of eCredits Wallet and ECS to new levels. Stay tuned for more updates as we embark on this exciting new journey.  

Thank you for being a part of the eCredits community! 

Warm regards, 

The eCredits Team 

Latest Articles