Ethershift : preview
What is Ethershift?
Ethershift is a service that allows users to quickly and easily exchange between different ERC20 tokens at the market rate minus a fee, without having to go through the hassle of signing up at an exchange, or learning how to use a decentralized exchange like IDEX. Decentralized exchanges like IDEX are amazing, however a lot of average crypto currency investors feel like they are too complicated, and therefore a lot of great projects never get the exposure they deserve. Ethershift is making the process of acquiring the best and up & coming tokens easier than ever before. Ethershift has no accounts, collects 0 customer data, and does not do KYC.
How it works:
To exchange tokens, users send value to a special address (which indicates the type of token they would like to receive back) and the exchanged value will be sent back to them at the address they sent the original tokens from. This user experience is implemented by fulfilling the exchange using hot wallets, and then later mirroring the trade (at a hopefully equivalent rate) on an exchange, and periodically re-balancing the exchange/hot wallets. Ethershift takes a cut of profit (half of it in the form of the input token, half of it in the form of the output token) to account for the risk of the exchange rate changing. Third-parties are able to integrate Ethershift into their own systems and receive a 50% cut of the profit via the Ethershift API.
The back-end service is an application written in Node JS, running on Amazon EC2. To access the Ethereum network, a full node is installed on the server, and the back-end service communicates with it through its JSONRPC API. The service uses an SQL database to keep track of profits.
What problem does ethershit solve?
After a tokens ICO is finished, the tokens are typically sent to the investors immediately. Listing on major exchanges takes a lot of time and money and is usually not a speedy process if it ever happens at all. A handful of decentralized exchanges have popped up that allow for first access to these tokens, however they are difficult to use for the average investor. Since the process to acquire these tokens seems hard to the average buyer, most will simply not buy them, and wait for them to be listed on bigger exchanges, and by then, they have already missed out on big gains. Ethershift lists up and coming tokens the SAME day they’re released from their ICO and available on the market.
Ethershift Is The Easiest, Fastest, & Most Secure Token Exchange. Period
Ethershift has fixed all the problems traditional decentralized exchanges face. They are slow and hard to use for the average investor. We’ve made the processof buying up & coming tokens easier than ever!. Welcome to the future of ERC20 trading.
Monetize Your Website With Ethershift Scan&Go: Ethershift Scan&Go is the easiest way to acquire up & coming tokens. The Ethershift Scan&Go widgit displays a QR code for the token you’d like to buy. Simply scan the code, and send any amount of Ether. That’s it! Within minutes you’ll receive the token requested! The Ethershift Scan&Go widget allows for anyone to install it on their website and get paid as an affiliate!
Multitoken Ethershift Wallet : The Ethershift wallet provides support for any ERC20/233 token and allows for the near instant exchange between tokens. With the utmost of thought put into security, all private keys are stored locally under several layers of security, and with a built in Web3 browser, interacting with decentralized applications has never been easier!
The service will provide the following API to the front-end website:
The service will provide the following API to the front-end website:
· List Supporrted ERC20 Tokens():
· Get New Conversion Address (token_name, profit_share, profit_address):
· Get Third Party Profit Balance(address):
· Get Hot Wallet Balances():
· Get Exchange Balances():
The service will have the following configuration options:
· A list of supported ERC20 tokens plus “ETH”.
· Hardware Wallet:
· Profit Send Thresholds[ERC20 or “ETH”]:
· Profit Cut:
· Third Party Profit Cut:
· Third Party Profit Send Threshold [ERC20 or “ETH”]:
· Ideal Hot Wallet Amount[ERC20 or “ETH”]:
Token sale stage:
Raodmap:
Team:
Website: LINK
Announcement Thread: LINK
Whitepaper: LINK
Telegram: LINK
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PERSONAL INFO :
bitcointalk username : ololadelove
bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1235360
ETH adress : 0x33fc611e8b727a9d87138a9bfdb5dfa27cff98ca
