Era Swap Token - The Decentralized Utility Token To be Used Across The Interlinked Sub-Apps of Era Swap Ecosystem
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Era Swap Token, a decentralized utility token which will be used across the interlinked sub-apps of Era Swap Ecosystem like Time Swappers, Era Swap Wallet, ComputeEx, TimeAlly, Blocklogy, BuzCafe etc. has arrived.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is Era Swap Token?
As depicted above, Era Swap Token is a decentralized utility token which will be used across the interlinked sub-apps of Era Swap Ecosystem - like Time Swappers, Era Swap Wallet, ComputeEx, TimeAlly, Blocklogy, BuzCafe etc.
The Era Swap journey began with research from the Kmpards team - the core team behind the formation of the Era Swap token and its ecosystem. The team determined that the current community generally needed an intermediary and transparent free ecosystem where they could be paid directly without commissions from any company. To build this platform for this global community, we came up with the idea to launch the Era Swap technology ecosystem, which will be supported by the Era Swap tokens. Our unique token ecosystem greatly defines time as a service and also offers bot services for crypto trading and crypto investment plans. The first and foremost goal behind the development of the Era Swap ecosystem is to provide benefits to the public. This token is designed to be a "time to work" token through smart contracts that can never be bought. A total of 5% of tokens will be available during the period of selling lots. This is the last and best opportunity to secure your Swap Era Tokens.
The era swap has several moving parts in its ecosystem designed to transform its vision into reality over a period of time. More often than not most projects focus on one product, and they tend to ignore intra-ecosystem forces that tend to disturb ecosystem stability.
The Swap era has planned carefully to address various aspects of the ecosystem such as increasing demand, reducing volatility, increasing cryptocurrency adoption, minimizing transaction costs for all users, etc.
Apart from the token itself, Era Swap has the following solutions to overcome various problems in the world of cryptocurrency.
The Mission
To become the adopted value exchange for Time of service, Education and Crypto assets.
The Vision
To create a self-sustainable market-place for the betterment of the society by appreciating the value you deliver.
The Era Swap Ecosystem
Era Swap has several moving parts in its ecosystem that are designed to turn its vision into reality over a period of time. More often than not most of the projects have their focus on one product, and they tend to neglect the intra-ecosystem forces that tend to destabilize the ecosystem. Era Swap has carefully planned to address different aspects of the ecosystem such as growing demand, reducing the volatility, increasing the adoption of cryptocurrencies, minimizing transaction charges for all the users, etc. Apart from the token itself, Era Swap has the following solutions to tackle various problems in the world of cryptocurrencies.
The following are features of the Era Swap
Time Swapper Platform
Time Swappers is a community-based platform where people expand and utilize services from each other based on the cost per unit of time quoted by people offering services. The most important component of this platform is Time Traders (which offers and provides services), Curators (who monitor platforms), Day Swappers (active members who help grow and maintain platforms) etc. Because this platform is truly transparent, the original blockchain and tokens - Era Swap Tokens, are an integral part of the platform.
Era Swap Wallet
The era of Swap understands that to empower a distributed community platform, there needs to be a solid and secure payment network. For this purpose, the Swap Era will launch a wallet that supports various digital currencies and is very safe. This wallet will also allow you to exchange selected tokens in the wallet so that users can save extra transaction costs to move tokens to and from exchanges.
ComputEx
At present there are so many crypto currency exchanges that it becomes difficult for users to track rates on different exchanges. The Swap era will use AI technology to spread bots that provide the best deals for Swap Era users from various crypto exchanges around the world even though they are not listed on this exchange. If this is not enough, ComputeEx offers a 50% discount for EST users.
TimeAlly
TimeAlly is a smart contract that is carefully made to reduce the volatility of the EST. It values users who choose to lock their tokens in smart contracts according to their vesting period. Of all prizes by the Swap Era, 50% are given up front in liquid tokens and 50% are routed through TimeAlly over a period of time to maintain the volatility of the EST. TimeAlly is a very important part of the ecosystem because it controls several supply-demand dynamics from tokens.
Blocklogy
Blocklogy is an educational initiative by Kmpards, the Era of Swap funding organization. Blocklogy is an E-learning platform for students from grade 8 onwards. These courseware is specifically designed to expose students to the blockchain and gradually increase their level so that in 5 years they can code for blockchain related projects.
The value of tokens is a product of supply and demand. Although there has never been a perfect guarantee of the assessment of future tokens, we have designed the ecosystem of our tokens so that each and every stakeholder benefits from it. We plan to control supply disruptions through smart TimeAlly contracts and carefully measured token burns. To develop the platform, several ways to create demand have been designed. We have taken precautionary measures very carefully to maintain volatility in audits.
About Era Swap Token (EST)
The total number of tokens generated in the next 50+ years will be 9.1 billion.
The Swap Era Token is pre-mined and released through smart contracts, with a fixed rate of one block every three seconds. The New Token release decreased 10% per year. This token is distributed to all stakeholders in the ecosystem according to their contribution. All distributions are paid 50% in liquid EST and 50% are locked in TimeAlly and released every month.
Contract work is on the rise. 62% of the population currently employed are independent workers, consisting of people who are unemployed, dismissed, or fed up with monotonous work and want to control their lives. As much as this industry has grown, the existence of intermediaries and their exorbitant costs has an adverse effect on buyers and sellers. The era of Swap aims to revolutionize the 30 billion dollar industry by eliminating intermediaries.
Token Details
Token - EST
Platform - Ethereum
Type - ERC20
Price in ICO - 0.0171 USD
BONUS
Phase I - 33%
Phase II - 18%
Phase III - 8%
Tokens for sale 390,000,000
Investment info
Min. investment - 0.00005804 ETH
Accepting - ETH
Distributed in ICO - 42.85%
Hard cap - 2119798724 ETH
Token Distribution
WHO WILL BENEFIT THE MOST?
Contractual jobs are on the rise. 62% percent of the working population today are independent workers, consisting of people who are unemployed, laid off, or sick of monotonous jobs and want to take control of their life. As much as this industry has grown, the existence of middlemen and their exorbitant fees has an adverse effect on both buyers and sellers. Era Swap aims to revolutionize this 30-billion-dollar industry by eliminating the middlemen.
ROADMAP
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://eraswaptoken.io/index.php
Whitepaper: https://eraswaptoken.io/pdf/era-swap-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5025979.msg45502457
Facebook: https://www.facebook.com/eraswap
Twitter: https://twitter.com/eraswaptec
Instagram: https://www.instagram.com/eraswap/
Medium: https://medium.com/@eraswap
Telegram: https://t.me/eraswap
Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.