Topic: [ANN] ethermes.io - Swap your ERC20 Tokens with other ERC20 Tokens (Read 225 times)

Just to clarify before diving into deeper conversation, your last sentence on above, confuses me. So are you an exchange or a information provider of which exchange list the token we own and wanted to swap?

Bounty has been added!

The ERC20 Token only part of the idea came from the fact that a few investors and myself had invested in a few projects (which a large majority issued ERC20 Tokens) and wanted to simply swap our Tokens for other Tokens. The main reason its exclusively ERC20 only is to not overcomplicate the idea and have an light base to build on in this early stage.

I am not convinced by the idea of the next exchange for ERC20 tokens only. Earning a share of profits and controling the exchange sounds great, but how will this turn into practice?

ERC20 swaps
There are over 70,000 active ERC20 Tokens but only a small percentage are available on various exchanges which makes swapping your ERC20 Tokens time consuming and costly. You can find yourself browsing other exchanges if your current one does not have the Tokens you want. Hence Ethermes was built exclusively for ERC20 Tokens with speed and efficiency at forefront, exposing users to a straight forward swapping process that only requires minimal information (Ethereum address, Tokens to swap and the amount), all within 30 seconds per swap (on average).


Community owned
Ethermes’ approach to a community owned platform allows the Token holders to list and delist Tokens from the exchange, earn a share of all trading fees, vote on important matters and voice their opinions on the platform and its developments.


Tokens available on Ethermes
As part of the beta release, there will only be 4 Tokens available on the exchange. After the first Token sale, there will be 30 plus Tokens. After the second Token sale (the last Token sale) there will be new Tokens added every week with the goal of reaching at least 250 ERC20 Tokens in a short period of time.


Why Ethermes was built
A small community of investors wanted a community owned project that would allow them to:
have an equal vote amongst them (no matter how big their pockets were)

receive a share of the profits generated

easily swap a Token from a project they disapprove of (without losing value from fees in the process)