ETERBASE: Multi Asset Cryptocurrency Exchange platform

Overview:
It is a decentralized cryptocurrency exchange platform which supports multi digital assets and offers wide range of trading needs by providing incentives for the users in the platform, it is backed by the strong advisory team

Challenges:
With the revolution in the cryptocurrency industry, existing exchanges are not up to the mark in terms of technology, unable to handle the trading demands, technology back drops like delayed order book updates, limited trading Application programming interfaces.

Existing exchanges are poor in the customer support, they take several days to complete simple KYC verification and they will not respond to the customer complaints. Issues like fiat exchange, panic changes in trading volume, asset security and high trading fee, are threatening the cryptocurrency exchanges.

Solution:
To solve the issues in the existing cryptocurrency exchanges, ETERBASE came up with solution by creating premier digital asset exchange and fulfilling the trading needs through its tools. Offers various solutions for B2C and B2B cryptocurrency traders.
It provides real time market data and order management by low level and high-speed architecture.

Features:
Trading interface:
It is a high functional trading interface which provides technical tools for trading, it consists of sub parts like sub accounts and social trading.

Sub accounts provides current prices and latest information about user portfolio, social trading will allow its users to interact with top traders and market leaders to get an opportunity to monetize their knowledge. Traders will get rewards in terms of XBASE tokens for providing signals and commentaries.

Architecture:
It supports s REST API (Representational State Transfer Application Programming Interface), FIX API (Financial Information exchange) and FAST API (FIX Adapted for Streaming).
ETERBASE issues debit cards in which consumers can store their cryptocurrencies or fiat currencies according to their wish.

Consumers can convert their cryptocurrencies into fiat currency, currently they are supporting European currencies, soon they are entering into partnerships with multiple banking and financial institutions.

Token economy:
ETERBASE issues Ethereum based utility tokens called “XBASE” which can be used in the internal ecosystem for the exchange services and rewards.

Token details:
Token symbol: XBASE
Total supply of tokens: 1,000,000,000
Token type: ERC 20
1 XBSE= 0.000005ETH
Hardcap: 24,000ETH

Team:

Robert Auxt: Co - Founder
He was the CEO of National Motorway Company. He also served as the member of board of directors in European Investment Bank for 1 year. Robert held the position of CFO and Vice Chairman at SZRB Asset Management.

Kenneth Kumor: Co-Founder / Project Lead
Kenneth was an advisor for Bethereum. He was also the member of The Bitcoin Foundation for four years.

Martin Smunty: Co-Founder / CTO
Martin has more than 15 years of experience as professional manager. He is experienced in Software projects execution and knowledge of well know PM methodologies (PMI, RUP, PRINCE2) and also has strong technical background.

Verdict:
Pros:
• Social media hype is very good, its telegram community has 14k+ members
• Website and whitepaper has clear explanation about the project details
• Advisory team looks great, it has experienced members from blockchain technology and cryptocurrency, investments. One of the advisor is experienced from JP Morgan company.
• Roadmap is drafted well, it is showing goals to be achieved till 2020
• Core team members are experienced in blockchain and cryptocurrency

Cons:
• MVP of the project is not available
• Information about the team members are not provided in the website and whitepaper.
• There are many projects who are offering same exchange service, it need to maintain its point of differentiation.
• No information about partnership in the whitepaper and website

Links:
Website: https://www.eterbase.com
Whitepaper: https://www.eterbase.com/whitepaper
Telegram: http://t.me/eterbase
Twitter: http://twitter.com/eterbase
Reddit: http://reddit.com/r/eterbase

Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a