Topic: ✅EINAX.COM - Airdrops / Bounties / Exchange platform (0.0% fee) / Free listing - page 2. (Read 1081 times)

Exactly. We understand that trust comes with time and hard work and are not expecting booming success right away. 


Thank you for your kind words.
It is unlikely we will be adding forum activities since incentivising forum posting is strictly against rules.
However, we have lots of other ideas and thoughts in that regards. All we need is time.

thanks for the long time consuming reply which clears many things,

this is what i was expecting to see, why your service doesnt accept that, in my opinion, making that free escrow for bounties can increase your audience and can benefit your, devs and users all at the same time. it can be a great opportunity for crypto world business to increase the trust on such parties easily

all it needs, is you promote your service hardly and make others believe that your are the one that can be trusted 


if you expand this easy task to all social services, and even to this forum activities, i think that can bring devs here much faster, even though i am a fan of slow/steady movements 

btw, liked your service really and will try to help in promoting it as much as i can 
good luck

Our platform primarily aimed to serve ERC-20 tokens. Right now to send Airdrop Token developer have to pay a lot in gas fees just to send otherwise free tokens to the recipients. This vastly limits audience for token distribution. Our Airdrops are done off chain and much more flexible, meaning token developer can Pause Airdrop at any point of time, Refill airdrop's budget or ensure that Airdrop being redeemed by unique users (Any airdrop can be made available to phone verified users only). Devs can even run multiple Airdrops at the same time.

There is no way to be 100% sure. It won't be more effective then hiring actual escrow, but who would hire escrow for bounty that usually have pretty symbolic reward?
Besides, binding voucher can be made with extremely long lock time (A year or five years) - this may further assure bounty hunter that at least his payment won't be usable by bad character for years if he will decide not to pay.

Excellent question. We are aiming to serve new developers, those who just began their promotion campaign. Ideally we are aiming to list tokens even before they went public with the project. At that point tokens don't have huge market cap, and in case something will happen to the deposit it will not be a huge deal to simply create new token instead and make another airdrop.

We are planning to introduce basic tasks like "join telegram group, make a Tweet and similar" that are required to redeem certain airdrops. However this feature is scheduled after we launch ETH markets.

There are none currently. However we are planning to extend user profile to allow integration with Twitter and Telegram soon (that will be required to track tasks completion). Full KYC is not not in our immediate plans.  

  

the service seems to have global bounty idea with some new features, which are not clear for me yet,
somethings like these:

why devs should deposit tokens here and then distribute as airdrop?
how bounty hunters can be sure that they will receive the full code?
service is new, but it lacks the most important part for newbies, referral system

as for first question i can see it may reduce dev costs on paying the payment fee, but how can he/she trust to deposit a big amount of his tokens here?
for bounty hunters, i think if the site some how accepts to deliver the last part of code after completing the tasks (like global bounty) then it can be promising

still, i will watch closely to see how project will move forward

1 Free [CETH] for someone to claim:

I agree. Even though we are currently planning to host it inside main website (it has to share same transaction processing and accounting for the sake of efficiency) we may eventually move markets to different domain/website for the reasons you suggested above - it is indeed reasonable to separate products to deliver different products to different groups of customers via slightly different channels. 

Got it.  I'm sure people will be able to think of further use cases.

My initial suggestion to the team is that you should make this a seperate service from the exchange. I can see people wanting to use this as a stand alone service, not affiliated/tied to any exchange. I suppose in this case, you are basically functioning as an escrow.

Besides OTC two other use cases comes to mind:


Bounties

Alice managing bounty campaign of XXX token. She creates 10 Bindable vouchers (she uses description on vouchers to distinguish recipients and tasks). She gives all participants their respective bindable codes. As soon as tasks are completed she gives them their full codes. All bounty hunters are always assured that their payment is reserved they are motivated to finish the task to receive reserved reward.
 

Payment for work

Alice agreed to create a website (or other software) to Bob in 2 month. Bob creates Binding voucher for 2 ETH with expiration date equal to work deadline plus some time in case some unexpected delays will occur (say 3 month).
Alice binds this voucher and now she knows her payment is reserved in won't be spent for at least 3 month. She creates website and shows it to Bob. If Bob likes her work he releases her payment, and she gives him source code. If Alice failed to deliver satisfactory results - Bob can decide not to pay. In this case his funds will return to his account automatically in 3 month.

understood,  thanks.  interesting system, this could be useful for OTC transactions dealing with large amounts of cypto/cash.  what other use cases could there be ??

Yes. Also, nobody else (even if full code is given to them) will be able to claim funds from bound voucher.

Here is the full code of that voucher:


Now you can redeem it.

understood.   so I can just see the 2 CETH which is 'bound' to my a/c, but I cannot use/trade/withdraw these 2 CETH until you give me the rest of the code.

and if you do not give me the code until expiration date, the 2 CETH returns to you... right?

2d code I gave you was a binding voucher.
As soon as you used 2d code - funds on this voucher became "bound" to your account (i.e. not me nobody else will be able to see/redeem this voucher, and I can't get it back until expiration date). This is what I see in my member area:


And you should be able to see this voucher at https://einax.com/vouchers/ (click Bound Vouchers tab).

As soon as I give you full code, you will be able to redeem it's contents. Or if I decide not to give you full code - it will remain locked until the expiration date, when funds will return to my account automatically.

This scheme can be used to perform person-to-person transactions. For example, if you agreed to meet with someone IRL and exchange ETH for some fiat - you can generate bindable voucher for that person proving that you have ETH and those ETH won't go anywhere before you meet each other, and after you made sure he has enough cash you can give him full code so he can claim funds right at the spot. No confirmations. No fees.

correct me if i am wrong - with the 1st code,  1 received 1 CETH from you, and I can transfer this 1 CETH free of cost?




and how about the 2nd code - binding? can you explain to me how that works exactly? thank you.  i see that 2CETH are tied up in there until November.  How does that work? What are the conditions? Who put 2 CETH there - you?

1st code was a transaction transferring CETH from my account to yours (you have redeemed a voucher I created). You can now transfer those tokens to another einax user or withdraw to your wallet.

I entered both above codes...

I think the first code got me 1 creaether.  now what?  I didn't quite understand the part about funds transfer.  can i now transfer the Creaether funds to another einax a/c with no charges?  how?

Ok, now the full code for the previously posted voucher is:


Entering this code will allow instant transfer of funds within einax account to the user who first redeems it. No fees, no charges. You don't need to know the unique identifier of the user to send him the funds. It can be used to instantly send payment or transfer to another einax.com user, or you can print the code and make a gift card to someone.

This was a basic voucher. I will be posting occasional basic vouchers in this thread so random people can pick them up.

Now about binding vouchers. They are similar to Basic vouchers but with the trick:

To create The Binding Voucher simply enable Binding option while creating New voucher:
You will also have to enter its expiration date.


As the voucher is created send first part of its code to the person you want this voucher to be bound to:


The person who will enter this code will be able to see this voucher contents but (as with basic voucher) won't be able to claim it. However, as soon as the binding voucher is viewed it is also being bound to the viewers einax account, making it irrevocable and unviewable to anyone else. I'll wait until someone binds the above voucher and continue.

ok, look fwd to understand the binding system.... will be waiting for your update. 

thank you for sharing.

There are actually more (for example there is a Welcome Token Airdrop as well: 3635510 5689763 — 706630), however, we prefer to let token developers a freedom to make a decision if they want to share their vouchers.

Also, there are quite a few non-airdrop vouchers (basic and even few binding vouchers are active in the system).

Just to give you a taste of what Basic/Binding vouchers are - I'll be spending my share of CETH airdrop to demonstrate how they work:

This is BASIC voucher for 1 CETH:
Note that you can see it's contents but can't claim the funds because I have not posted the last part of the code. I will be posting it later today.

Only 2 valid vouchers at the moment, 10 CreaEther and 0.0002 ETH, right?

Really not much, but ok.

Einax is centralized.