Ethershift: Exchanging the best and up-coming tokens ahead of others

hypervira (46)in #ico • 6 years ago

In this era, a lot of people are already looking at potential investments not just in the traditional market but in the digital market as well. With the increase in number of crypto projects, through ICOs, this paved an easier way for the mass to seamlessly enter the digital market and start investing on so many business-worthy projects. To note, a lot of people have been already slowly building their digital assets for some time now.

Such digital assets, especially tokens, are in some way subjected to trades and exchanges. One probable reason why many aren’t still able to see the benefits of the blockchain could be because of the underlying complexity as well as the hassle of logging in to many exchanges just to have their assets exchanged. Currently, there is no exchange platform that has already built the ability to facilitate exchanges in almost all available coins and tokens. More importantly, current exchange platforms are note able to facilitate exchanges of newly released tokens at a quick pace.

But with Ethershift, having to exchange easily from one ERC20-based token to another has now become a lot simpler, easier and less hassle. Making things a lot simpler for the users is one good start to pull more people and let them see and experience the benefit of Blockchain-based projects and technologies.

Ethershift is the first exchange platform to have offered where exchanges can be done without letting its users create an account. Ethershift collects zero user information and allows exchanges from a wide variety of best and up-coming tokens even before other decentralized exchanges do.

This service will attract more crypto users due to its seamless and less hassle transactions that make the overall exchange transaction process a lot simpler and easier even for the average and newbies users.

Using Ethershift’s technology, the team hopes to open up the digital market to more investors without them fearing of the complex nature of Blockchain and its technology.

Ethershift’s proprietary solution allows users to do exchanges without having an account works by mirroring the trade to an existing exchange.

To start an intent for exchange, a user will first send a value to a special address which carries the information of which type of token they wish to receive. The exchanged token value will then be received back to the user, to the address used to send the intent of exchange. Through the use of hot wallet and then mirroring the trade on an exchange, an exchange can be completed. Ethershift periodically rebalance the exchange and hot wallet to ensure users get the best possible rate of exchange and lessen possible value loss.

To support all Ethershift token holders, Ethershift will implement a cut of profit, about 50% of all fees collected, to be distributed to all Ethershift token (ESH Token) holders.