EtherFlyer & TCASH - A Decentralised ERC20 Exchange with a 50% revenue profit sharing token.

Centralised Exchanges May Rapidly become like Dinosaurs

Extinct. The large, centralised crypto exchanges are currently the main centres of activity in a rapidly growing market which is strengthening it's market cap (with little sign of slowing down), on a daily basis. They were designed when the sector was in it's infancy and they have made enormous profits for themselves. There have also been very public incidents of customer losses brought about by poor technology provision and security protocols, which has dented confidence in the industry, particularly from the financial markets and institutional investors.

Provably Fair ? Probably Not

Some of the established exchanges have also come in for much criticism over recent months, accused of being non transparent. Their business activities are administrated by in-house teams who are accused of playing the markets to their own hand. These alleged offences include shelving certain currencies or closing wallets for maintenance during intense trading periods, or just not offering certain pairs which do not fit with their own profit motives.

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The internet loves a conspiracy but many of these individual accusations and alleged incidents are actually down to poor provenance of technology which has not been designed to scale and therefore results in congestion, delays and loss of opportunity for traders in busy periods of volatility. (Here comes the Meteorite). If you've even been a victim of a situation like this (and let's face it, most traders both professional and amateur have,) then you are likely to have felt frustrated, cheated, lost faith, confidence and trust in that particular platform. In fact you may have transferred all of your assets immediately, only to face the same problems elsewhere. Clear Glass or See Thru businesses will become standard practice in years to come as trustless systems proliferate.

The Decentralised Exchange

The decentralised exchange is a no-brainer (smart contracts do just fine without a brain) and has many benefits for the trader and the platform developers. Not least the fact that they are being designed for today and tomorrow, not yesterday, using interlocking layers of the best in class technologies by teams who have studied the old model and worked out how to improve it on every level. I welcome this development as Future Technology Now and look forward to trading on a transparent, trustworthy, accountable and high speed exchange, which offers profit sharing as an incentive to traders using the platform and holding it's native token, TCASH.

EtherFlyer & TCASH token

Etherflyer is a Decentralised ERC20 token exchange based on the Ethereum Network using latest technologies (best frameworks available) with hardware acceleration and memory matching technology to increase the transaction speed to 100's or even thousands of times that of the current centralised models. (Impressive fact number one.) It's built to last and to perform without a glitch when the whole world gets on board. It will launch initially with the following ERC20 tokens.

Ethereum

Built upon the Ethereum network brings many benefits, not least the intelligent deployment of smart contracts and a network designed to support thousands of different tokens. There are many ERC20 tokens on the market and their numbers grow weekly. I am fond of their trustability, security, ease of use; their use of smart contracts. This project has been really carefully thought out. It supports all Ethereum wallets and will be supported on all major browsers and all platforms. IE / FIREFOX /CHROME on WIN/ .IOS & Android It works seamlessly on mobile and as a welcome bonus, it looks great. That's a big accomplishment for a pre-launch. Much trading is done on mobile these days. (isn't everything?) Trading is a 24/7 in your pocket activity, so a seamless mobile experience adds much value to the proposition.

We've all seen some pretty bad ICO examples of exchange designs, which on looks alone, discourage you from wanting to invest, let alone use. I like my GUI's (graphical user interface) to look good too. HCI is at the core of a good interactive experience and this one's been designed by (human computer interaction) experts, who also designed Japan's Central Bank website, no less. TRY THE BETA VERSION HERE

Etherflyer's reach..

..and market is potentially enormous and it's been designed to be expandable. It will systematically develop cross-chain transactions to roll out major non ERC20 compliant tokens like BitCoin & LiteCoin, etc. (That is BlockChain revolutionary in my opinion and makes it a very attractive option for a trading platform.) It will not trade fiat, therefore keeping itself and it's users fully protected from current grey area legislation. If the situation changes in terms of regulations, it may do so in the future.

Smart Contracts

Everyone knows what a smart contract is but many people do not realise that they are far more than just automated transactions. They can read and write values, send messages. This makes them an active network component and a very powerful part of an agile, dynamic system. Who would you rather execute a vital instruction, a system admin or a smart contract? No choice. They can execute in near real time, which for today's fast moving world can make the difference between winning and losing. There's nothing to argue about with a smart contract. It's flawless, trustless and doesn't bias it's execution based on subjective factors. I admire the term, Smart Contract. It's synonymous with and the strapline for fairness guaranteed.

TCASH

The Etherflyer Exchange has a very interesting profit share model which makes it attractive to the investor, the speculator and the trader. 50% revenue share from exchange fees, administered by a smart contract will provide a healthy incentive for token holders, paid straight to your Ethereum address on a monthly basis. Token holders of TCASH with significant amounts will also benefit from lower to no exchange fees and token holders with at least 1 TCASH will be entitled to a share of the revenue that the exchange generates. Fees will be collected across a portfolio of tokens so I would consider TCASH holding, a potentially prudent, passive portfolio. The token itself can also act as a stable and secure platform based liquidity. I like that.

Investment Vehicle

If the platform takes even a slight percentage of ERC20 trading from the competition, then the token itself will have a good chance of becoming a safe value store investment in itself. Remember, the market is in it's early days. Who knows what the trading total in ERC tokens will be in 5 years? I'm guessing it will in the many billions of dollars.

88 million tokens will be the total allocation of TCASH, 60% of which will be released in 3 stages. This gives investors assurance of value and in my opinion is a very wise move by the developers. Part of Bitcoin's huge appeal is it's better than gold scarcity, with a total fixed amount of 20,999,999.9769 million coins. That's 3 bitcents less than 21m.

EtherFlyer Team

The team & advisors behind Etherflyer have impeccable mathematics, tech and business credentials with many years experience in business and in the crypto-sphere.

ENTER THE CROWDSALE HERE

READ THE WHITEPAPER HERE

Enter Your Own Article about EtherFlyer Here

this article is not an endorsement of EtherFlyer of TCASH. @outerground recommends all potential investors to conduct their own research and due diligence before investing in TGE's, Crowdsales, ICO's. Remember, investments can go up as well as down.

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