Einsteinium's mission is to promote charity. The currency is directly related to the Einsteinium Fund. It is a charitable project based on Bitcoin. It is used to fund scientific research and cutting-edge IT technology and cryptocurrency projects, allowing community members to vote to decide which research projects to fund and receive corresponding rewards. emc2 is the token issued by the project.

1. Project background

The Einstein Foundation is an official nonprofit organization and the world's first nonprofit backed by cryptocurrency. The main characteristics of the Einstein Foundation are:

1) Continue to commit to global research and philanthropy mission; 
2) Maintain, maintain and develop Einsteinium, an international digital currency based on secure, decentralized open ledger or blockchain.
The mission of the Einsteinium Foundation is to use blockchain technology to raise funds for scientific research. There are two ways to achieve this. The first option is to collect mining taxes, thereby generating a batch of funds to provide grants to those who are eligible to apply. The second problem is maintaining a currency that allows support for various causes in a more transparent and credible way. The Einsteinium coins are designed to reduce waste and eradicate corruption where it is needed most: charity and politics.

2. EMC2 tokens

Einsteinium (EMC2) is an open source, Bitcoin-like digital currency that uses a proof-of-work encryption algorithm. Although this currency can be used for any type of transaction, its main purpose is for scientific, charitable and political fundraising. 

The cause block was mined on March 1, 2014. The total number of mineable EMC2 is 245,465,283. The mining of in is divided into multiple periods: 36,000 coins are mined in each period, with a target of about 25 days. By 2064, all coins will be in circulation. After this mature point, forks are expected to occur, creating a new (still to be determined) governance system that will bring natural inflation to 2%, and EMC2 is ideally used as a stable global currency.

As part of the design, a 2.5% mining tax was imposed. After the coins are mined, 2.5% will be automatically donated to the Foundation Fund. (2% for science projects, 0.5% for faucets, donations and marketing expenses. The fund account is completely transparent, and each transaction is recorded on the public blockchain to ensure the funds are allocated correctly.

Related links:
https://www.emc2.foundation/more-about-foundation