ETHERSHIFT – TRADING UP & COMING ERC20 TOKENS JUST GOT A LOT EASIER!

 

ETHERSHIFT

TRADING UP & COMING ERC20 TOKENS JUST GOT A LOT EASIER!

Ethershift is a brand new ERC20 token exchange that provides the easiest way to acquire brand new up & coming tokens before the big exchanges list them!

Ethershift tokens represent 50% of the GROSS profit of Ethershift. Each quarter, 50% of the gross profit will be used to buy back Ethershift tokens and burn them.

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!

HERE’S HOW ETHERSHIFT 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.

ETHERSHIFT TOKEN

The Ethershift token is an ERC20 token that represents 50% of the gross fees collected by Ethershift. Each transaction that is made on any of the Ethershift products yields a 5% fee. The system automatically calculates the gross fee Ethershift collected after gas, and splits it into 2 wallets. One wallet is used for operating costs, salaries, legal, etc, and the other wallet is used to buy back Ethershift tokens.

Starting in 2019, each quarter 50% of all gross fees collected by Ethershift will go into buying the tokens back, and then burning them. We will buy them on other decentralized exchanges that list the Ethershift token as well as on Ethershift’s website at the fair market price. Once we have bought as many Ethershift tokens from the market as we can with the 50% of the fees collected, we will burn the Ethershift tokens by sending them to an invalid address such as 0x000000000000000000000000000000EthErShIFt. The burn will be public and will be easily verified on the blockchain. This model of buying back and burning will provide great buying support for the Ethershift token, and the quartler burns over time will greatly diminish the circulating supply of the tokens. The first Ethershift burn is March 31st, 2019.

The maximum supply of Ethershift tokens is 15,000,000. 3,000,000 Ethershift tokens are allocated towards marketing, promotions, giveaways, bounties, and advisers. 3,000,000 tokens are allocated for team members and early investors. 9,000,000 are availiable for sale in the 3 rounds of the Ethershift ICO. If any of the 3 rounds do not hit their specific hard cap, the remaining tokens from that round will be burned.

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Author: Snipper9

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2441637

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Samsonjunior

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