Friday 8 June 2018









White Paper EthShares(ETS) cryptocurrency and Light Paper Ethshares (DEX) exchange.


1. What is a EthShares (ETS) cryptocurrency?

  1.1. Main parameters

  2. Roadmap

  3. Tokensale (ICO)

  3.1. Parameters tokensale (ICO)

  3.2. System Bonus (ICO)

  3.3. How to participate in the token sale (ICO):??

  4. Financial Guarantee

  5. Risk Statement

  6. Risk Statement and Legal Disclaimer

  7. Contacts


1. What is a EthShares cryptocurrency?

Cryptocurrency name: EthShares is the ERC-20 Standard token 
created in the Ethereum Blockchain Platform in EVM.The Ethereum Virtual Machine (EVM) is where smart contracts run on the ethereum network.The language used is much more complex and complete than that of bitcoin.The actual language is a Turing Complete program. This can best be perceived as EVM being a worldwide computer, in which it stores every transaction ever made.While these contracts run on the EVM, there are limits to how many resources go into a transaction. Each transaction runs through the EVM and at the same time it runs through every ETH node. What this results in is the us of gas. Ethereum contracts can track data, make expansive computations, send future calls to different contracts, and create an easy to use network for peer transactions. Each of these operations have a cost that is paid in gas. Each and every unit of gas is then paid for by the transaction wallet based on ETH/GAS price at market. This fee is then immediately deducted from the wallet of the person engaging in payment, once the block is confirmed successful.

1.1. Main parameters:

Name: EthShares
Symbol: ETS
Blockchain Ethereum?
Type: ERC20 Token Standard? 
Decymals: 18 
Total Supply: 41 000 000 ETS

(+In the future there will be the production and sale of additional coins.)

2. Roadmap

    1. Idea
        
    2. Official website
       Tokensale - Website?
    
    3. Create Ethshares?
       Cryptocurrency

    4. PRE-SALE
       ETHERDELTA.COM

    5. Tokensale
       ICO  (42 Days)

    6. Start of trade?
       launch of a cryptocurrency Ethshares to the trading exchanges of partners?

    7. Ethshares on a ?Сoinmarketcap.com?
        
    8. Start Ethshares exchange?
        
    9. Stability and Trade??

3. Tokensale (ICO)

Address smart contract:

3.1.Parameters tokensale(ICO):

Total supply Tokensale (ICO): 20,000,000 ETS             Price: 1ETH - 1000 ETS (+BONUS)?            ICO - 42 Day start

ICO Address:?

Start ICO 2018 June 5 - End 2018 Jule 11  ?

3.2. System Bonus (ICO):?

First Day - 30

1 Week - 25%

2 Week - 20%

3 Week - 15%

4 Week - 10%

6 Week - 0%?

2.3. How to participate in the token sale (ICO):?? ?

1 Preparation of a transaction: Gas Limit = 200.000 Gas Price = 60 Gwei? 

2 Send min 0.05ETH to Address Smart Contract:? 

3 Check the balance of your wallet in: https://etherscan.io  ? ?

WARNING: It is forbidden to use exchange wallets ,addresses created on trade exchanges ?and other wallets which are not in the list!?



You can only use wallets from the list: 

https://metamask.io 

https://www.myetherwallet.com

Ethereum Wallet

MIST??

4. Financial Guarantee

The only good guarantee that we provide is 1 year(365 Days) of warranty exchange and redemption of tokens on an independent decentralized exchange for $1=1 ETS, and these are good conditions for the security of funds from loss, we believe in a good high growth of ETS, after a year the guarantee is cancelled .Start guarantee using 30 days after the end of tokensale(ICO).
        
5. Risk Statement 

EthShares cryptocurrency is a small number of tokens, and a small initial price has great prospects for growth, and our opinion and a good reason for investment,Please do not buy cryptocurrencies with important big money,it is  a cryptocurrency and the rate is volatile, and the future is unknown ?so ask you if want buy or play the buy on money which  not pity  that-would being asked no painful consequences.In case  any losses i warn you that the creators refuse any claims and problems, consequences, illnesses, fines.

By participating in the project, buying a cryptocurrency, you voluntarily automatically agree that you are responsible for the profit or loss of money, crypto currency, jewelry and are the culprits of the events.?? Please note that this white paper and website is a work in progress and  will be updated with more details as time goes by. Due to massive  interest in our ICO, we are making this white paper public for investor  evaluation. We will add more details about our ad platform and token  usage in a series of updates which will be noted on our website. Be sure to read the white paper. If you do not understand something in  white paper and in the rules, write by e-mail: ethshares@gmail.com  and after the answer,if you want to participate. You make your choice.?

 6. Risk Statement and Legal Disclaimer:

The Seller and its affiliates and respective officers, employees or agents, in relation 
to the website, ethshares tokens, ethshares cryptocurrency products and services will 
not be liable for any damages of any kind, including, but not limited to, direct, 
consequential, incidental, special or indirect damages (including but not limited to 
lost profits, loss of revenue or third party loss whether foreseeable or otherwise, 
trading losses or damages that result from use or loss of use of the website, 
ethshares tokens, ethshares products and services). For the avoidance of doubt, 
the Seller expressly disclaims any and all responsibility for any direct or 
consequential loss or damage of any kind whatsoever arising directly or indirectly 
from: (i) reliance on any information contained in this document, (ii) any error, 
omission or inaccuracy in any such information, (iii) any action resulting there from,
 or (iv) usage or acquisition of EthShares products and services, available on the 
website and other electronic platforms. 
You confirm and agree that you are not purchasing ethshares tokens for purposes of 
investment, speculation for immediate resale or other financial purposes. Some of 
the statements in WP include forward-looking statements which reflect the Seller's 
current views with respect to execution roadmap, financial performance, business 
strategy and future plans, both with respect to the Seller and the sectors and 
industries where the Seller operates. Statements which include the words ''expects'', 
«plans», «believes», «projects», «anticipates», «will», «aims», «may», «would», 
«could», «continue» and similar statements are of a future or forward-looking nature. 
All forward-looking statements concern the matters that involve risks and 
uncertainties. Accordingly, there are or will be important factors that could cause the 
Sellers’s actual results to differ significantly from those indicated in these statements. 
These factors include but are not limited to those described in WP, which should be 
read before purchasing of ethshares tokens. 
Any forward-looking statements in WP reflect the Seller's current views with respect 
to future events and are subject to these and other risks, uncertainties and 
assumptions relating to the Seller's operations, results of operations and growth 
strategy. These forward-looking statements are valid only on the date of WP 
publication. The Buyer should specifically consider the factors identified in WP which 
could cause actual results to differ before making a purchase decision. No statement 
in WP is intended as a pro?t forecast and no statement in WP should be interpreted 
to mean that the earnings of the Seller for the current or future years would be as 
may be implied in WP. WP (White Paper abbreviated as WP). Please read the 
following notification properly before taking part in ethshares token sale. 
This notice applies to all persons who read this document. Please note this 
notification may be changed or updated.  

       

EthShares exchange Light Paper


 1. What is EthShares?

 2. What is a decentralized exchange?

 3. How do I create an account?

 4. How do I deposit funds?

 5. How do I withdraw funds?

 6. How long does it take to withdraw or deposit funds?

 7. How do I select a token?

 8. How do I place an order?

 9. Where are the market orders?

10. How do I take an order?

11. How do I cancel an order?

12. What fees are associated?

14. How do I get my token listed on EthShares?

16. How do I use a Ledger directly with EthShares?


1. What is EthShares?

EthShares is a decentralized Ethereum Token Exchange with the most ERC20 listings of any exchange.  
 

2. What is a decentralized exchange?

A decentralized exchange is an exchange that doesn't rely on a centralized party to store user's funds and facilitate trades. In EthShares's case, funds are stored in a smart contract hosted on the Ethereum network. Trades also occur directly between users using the same smart contract.

3. How do I create an account?

If you have an Ethereum wallet, you already have an account! Simply link your Ethereum wallet using either MetaMask, Ledger, or importing your account directly using the dropdown in the top right of the trading view.

4. How do I deposit funds?

After you've selected an account, depositing funds is easy! In the Deposit/Withdraw/Transfer window in the top left, select Deposit, then select the amount of either Ethereum or tokens you would like to deposit. You will then be asked to sign or accept the transaction. Once the transaction has been sent, your funds are deposited securely into the smart contract on the Ethereum network. Then, you'll be able to trade on EthShares with those funds!
For an example using MetaMask, watch the gif below.

5. How do I withdraw funds?

The withdrawal process is very similar to the deposit process. In the Deposit/Withdraw/Transfer window in the top left, select Withdraw, then select the amount of either Ethereum or tokens you would like to withdraw into the connected Ethereum account. You will then be asked to sign or accept the transaction. Once the transaction has been sent, your funds are withdrawn securely into your Ethereum account.
For an example using MetaMask, watch the gif below.

6.How long does it take to withdraw or deposit funds?

As EthShares depends on a smart contract hosted on the Ethereum network, the speed of transactions depends entirely on the speed of the Ethereum network. If you would like deposits, withdrawals, trades, or orders to be processed faster, you can increase the gas price for your transactions. Under normal loads, with a normal gas price, deposits and withdrawals shouldn't take longer than 5 minutes. However, when the Ethereum network is clogged, transactions could be delayed.
For informatino on the current state of the Ethereum network, please go to EthGasStation.( https://ethgasstation.info/ )

7. How do I select a token?

In EthShares, you can trade any ERC20 token that is available on the Ethereum network. We do our best to list as many tokens as possible. The listed tokens can be found in a dropdown near the upper left section of EthShares. If you navigate to EthShares's home page, the drop down should default to DAI.

However, there is another way to select which token to trade that works even if we haven't listed the token yet!

8. How do I place an order?

After funds have been placed in the smart contract, you are ready to place or take an order. If you would like to create a buy or sell order instead of taking an order that already exists, first, find the New Order section. Then, select either buy or sell and enter in the token amount you would like to buy or sell, the price, the expiration time, and hit Buy/Sell. You will then be prompted to sign the transaction, so that it can be sent to the order book. Once a taker for your order has been found, EthShares will use that signed order to execute a trade using the smart contract on the Ethereum network.


9. How do I take an order?

To take an existing order, simply click on the order you would like to take in the Order Book. You will be prompted with a window asking you to specify the amount you would like to take. After you hit the accompanying Buy or Sell button, you will then be prompted to sign the transaction, so that your trade can be sent to the smart contract. EthShares will give you a transaction ID and a link. You can track your trade status by either clicking the link, or copying the transaction ID and searching it on EtherScan.
Trades don't always show up immediately on EtherScan and the speed of the transaction depends on the Ethereum network's congestion and your set gas price.

10. How do I cancel an order?

To cancel an order, take a look at the My Transactions section and click the Orders tab. Your active orders will be listed there with a link to cancel them. You will be asked to sign a transaction in order to cancel the order.

11. What fees are associated?

There are two trading fees while using the EthShares platform. The first is the small Ethereum fee for signing transactions to the Ethereum network. The second is a 0.3% fee on execution of orders. (Trading fees may be subject to change.)

12. How do I get my token listed on EthShares?

Any member of the EthShares community can request a token to be listed on EthShares by filing an issue. 

More information on the token listing process is available here.

13. How do I change the default gas price?

To change the default gas price, simply click the drop down in the top right of EthShares (where you previously set up your account), and click "Gas Price" at the bottom of that menu. Then, you can set your gas price using the Gwei denomination.

14. How do I use a Ledger directly with EthShares?

First, you need to make sure that browser support and contract support are enabled on your Ledger. To do so, navigate to the Ethereum app on your Ledger, go into settings, and enable both browser support and contract support. Then, make sure your Ledger is connected to your computer and navigate to EthShares. Your Ledger address will appear in the account dropdown automatically, with a green "Ledger" box next to it. When you deposit, withdraw, place an order, or trade, you will have to approve the transaction on your Ledger.