Online items and services exchange platform. (We will provide detail feedbacks!)
You can also treat it as a virtual currency platform but the virtual currency is used for real life items and services provided by other members. People trade items and services in terms of points.
We give out free points to new members and they can use the points to obtain items and services from other members. Some less wealthy people may not have enough money to spend, so we create a new currency and give out points to people so they have purchase power to consume the wasted human and item resources (provided by other members) in this society.
Our target users are people who would like to save money (e.g., students, backpackers, housewivies). In the future, we will make EC Point more similar to cash so that it can be used in shopping, restaurants and entertainments (e.g., movies, concerts) as well.
"EC" sounds like "easy" in Cantonese accent (as one of our starting place is Hong Kong) but it can also mean "E-commerce" in other countries.