With the advent of cryptocurrency, about 10 years have passed, many believe that it appeared much earlier than Bitcoin, however, Satoshi Nakamoto became the pioneer of this direction and it was his name or pseudonym used as the founder of the first version of the Blockchain technology. Over time, the cryptocurrency gained momentum and mass fame. Looking at Blockchain, many companies and various areas of activity still want to build their business on a decentralized network. Their choice is obvious because this innovation has become to the taste of many due to its security, transparency and speed.
Universal fame (if you take 2017), has generated a lot of alternative cryptocurrencies. Some of them have become quite successful projects and deserved in the TOP-100 world ranking CoinMarketCap. However, there are other worthy projects that are experiencing various problems. For example, Bitcoin has long been for many traders an indicator of the market and for various Blockchain projects, its unstable state currently spawns a pause to add its tokens to the largest exchanges. Looking at Bitcoin or Ethereum, and the capitalization of cryptocurrency as a whole, many ICO projects postpone their listings to the so-called “bullish trend”. Who wants to lose their money in a falling market?
Problems
• Cryptocurrency as a financial instrument has led to the emergence of many different exchanges, with their own advantages and disadvantages. Having a large volatility, many traders are forced to wait for confirmation of transactions and probably this is a significant disadvantage. After all, often the course may change not for the better for the trader.
• The second minus, after adding a token to a large stock exchange, often happens so that the course often goes in a negative direction.
• The third drawback, it is often the case that Asian projects add their tokens to the exchanges in their location and investors cannot register on their exchanges.
• The fourth minus, for many medium and small investors, is the problem of personal identification (KYC).
• The fifth minus, many projects and can not go to the stock exchange at all. There are many factors, from unsuccessful negotiations with the exchanges to the slow development of the project.
• The sixth minus, fees, on all exchanges, they are different and require careful calculation from your side.
SOLUTION
All this served to create the platform Ethershift. This is a platform that allows for a quick exchange between tokens of the ERC20 standard at a market price. It will be useful for all classes because it will not be complex accounts that require confirmation of KYC and collect your personal data. The decentralized platform of Ethershift, too many new, low-budget projects, will allow you to add your tokens for exchange. After all, not many of these projects have the opportunity to prove themselves on the top stock exchange, although the project may be very necessary for people.
Ethershift will have its own multi-currency wallet that supports the ERC20 and ERC233 standard. To ensure safety, the following decision was made. According to White Paper, the developers plan to set up accounts and platform servers through a special laptop on the Linux operating system. This laptop will be used only for this purpose, in which passwords from all accounts will be generated randomly. In his spare time, the laptop will be isolated from various Internet resources and from the network as a whole. Backups of the laptop itself are divided into two copies, one of which is stored behind the site. Thus, the risk of the physical attack of malefactors decreases to zero. In addition to these forms of security, 2Fa verification and other security measures that are not disclosed will be available for each entry.
TOKEN AND DETAILS ICO
Ethershift is an ERC20 standard token. Includes 50% gross fees. The tokenization system on the platform involves the burning of used tokens. That is, transactions collected during the trade give a commission of 5% and are broken into two wallets. Each quarter upon reaching 50% of these commissions, there will be a redemption of Ethershift tokens. As soon as the sum of tokens reaches 50%, the number of purchased tokens will be burned, thereby causing a token deficiency, causing this action to increase.
Token Name: Ethershift.
Standard: ERC20.
Total number: 15,000,000.
Hard cap at ICO stage: 25,000 ETH.
Token price: Presale 1 ETH = 600 Ethershift.
• Core sales: 1 round. 1ETH = 400 Ethershift.
2 round 1ETH = 200 Ethershift.
Date of sale: Presale: 08/21/2018
Main Sale: 1 round 05-18 November 2018
2 round 3-16 December 2018
Unsold tokens will be destroyed.
For More Information, Kindly Visit the following links below:
Website: https://ico.ethershift.co/
Whitepaper: https://ico.ethershift.co/wp-content/themes/ethershift-ico/downloads/ethershift_whitepaper.pdf
Telegram: https://t.me/ethershiftco
Twitter: https://twitter.com/ethershiftco
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4965937.0
Author's Details
Bitcointalk Username: xratedx
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2257524
ETH WALLET ADDRESS: 0xf872CA0185a5e79152a7A01D5F7eDBDcd68bB275
