Topic: [AST] 🔥 AIRSWAP: Peer-to-peer Decentralized Marketplace backed by ConsenSys - page 16. (Read 27013 times)

Agree.I don't know why the team dares to leave the remaining 40 of its share.The valuation is too high

This project looks good, but it's too greedy, and only 30% of the public sales need 150K ETH.

Twitter

1473 Followers

Facebook page

Around 1k likes

Telegram Channel

Over 500 members

Telegram community group

Over 1200 Members

The Team is working hard and great response from crypto community as well. I think there won't be any fee tokens and you will see why 'Right after the token sale' !

Marketing nowadays is all about getting the word out in social media.  Don't do social media? You don't do success.

Another COnsensys face on this project but for me I don't see value in the project, looking at the amount of tokens they are looking to sell to investors now and leaving the remaining to themselves, this type of distribution model seems to be gaining traction and people are buying into this

Agree,  the bounty is very helpful to promote the ICO
Or maybe the dev already make promotion in another way
Which dev think will help airswap ICO success

No bounty no Airdrop ? just sale?

hard to promote this, ICO then

This is for the exchange of erc20 tokens, stock exchanges are a different asset type. 
If stocks become tokenized, AirSwap promises 0 transaction fees.

 if I understand correctly, it will be convenient for those assets that are not traded on stock exchanges, otherwise the transaction on the stock exchange is much easier and faster.

There won't be any bounty

What about bounty?

Tokens info added and there is no transaction fees.

Thanks

Coin info, and p2p less transaction fee or no transaction fee?

We would like to introduce AirSwap, and its native token AST, launching in a white listed sale on October 10, 2017. If you’d like to participate, please join our Telegram channel for white listing details at https://t.me/airswapofficial




AirSwap is a decentralized token Marketplace based on the Swap protocol whitepaper. Swap provides a decentralized trading solution based on a peer-to-peer design. The design solves two problems encountered in a peer-to-peer trading environment: counterparty discovery and pricing suggestions.

AirSwap core services include a searchable index of traders with “intent to trade” and a pricing oracle. For those looking to trade ERC20 tokens, the Index will be a destination to advertise that you’d like to trade and to search for others looking to trade. Once matched, traders connect and interact directly. To assist with the pricing process, the Oracle provides pricing suggestions, generated from multiple data sources. Once agreed on price, one trader makes an order and the second takes and submits the order to an Ethereum smart contract for settlement.





AirSwap is also building a web application for traders to interact with the Index, connect to other traders, and make trades on the Ethereum blockchain. We aim to have a closed beta of this running later this quarter.



Fast and Scalable
Because orders are not passed to through a public order book, there is no “state” to update, and therefore no cost. Additionally, since orders are communicated to peers who have already requested orders, cancels will become a much less likely occurrence than on a public order book.  On classic centralized exchanges, order to execution ratios often go above 20 to 1, which is untenable on a blockchain-based order book.

Private
In a peer-to-peer network, orders are passed privately between peers, allowing users to privately negotiate. This is beneficial to market makers, as publishing orders to a public order book leaves them subject to “bad order flow”, a common practice where aggressive participants will pick off market makers that are not able to update their orders quickly enough. Because orders are communicated privately and not through a public order book, market makers are likely to prefer our design over others.

No Front-running
By avoiding the use of order books, and because orders are communicated directly to the peers who requested them, our design is not subject to miner front-running, a limitation present in many decentralized trading designs. In a peer-to-peer design there is nothing to front-run.

Liquidity Profiles
Order books are best suited for highly liquid assets that trade tens of thousands of times per day.  It is our thesis that most ERC20 tokens will not trade with these characteristics, and therefore, will trade in a more similar fashion to other illiquid products, such as corporate bonds, penny stocks, and FX. All three of these asset classes trade on peer-to-peer networks.


The AirSwap Token is a utility token that provides traders access to AirSwap features and services. We are undergoing to a thorough design and review process at the moment and will be updating this thread as we publish details in the near future.

We would be pleased for you to join us at our token launch on October 10. There will be a white list registration process which we will reveal through our Telegram channel soon: https://t.me/airswapofficial.

The hard cap is 150,000 ETH.  

Token Price
• 1 AST will be sold for 0.001 ETH.
• 150M AST will be sold of 500M total supply

Token Distribution
• 15% sold in Presale
• 2% sold in Beta Tester Sale
• 13% sold in Main Sale
• 10% to Advisors and Partners
• 10% to Founders, vesting quarterly over 4 years
• 10% for New Partnerships
• The remaining 40% will be locked for a minimum of 6 months

Token Allocation
• 50% Research and Development
• 30% Marketing
• 20% Compliance

Restrictions
• Chinese citizens will not be permitted in the public sale
• Sales are only made for ether
• Tokens will be tradable 1 week after public sale