Era Swap ES Price

What is Era Swap (ES)?

Era Swap, a decentralized ecosystem, introduces the Era Swap Token to streamline peer-to-peer exchanges using smart contracts within its blockchain network. Positioned as a utility token, Era Swap Token optimizes utility services within the Era Swap Ecosystem and bolsters the decentralized Era Swap Network for sustained viability.

Decentralized Utility with Era Swap Token

Era Swap Token serves as the native currency of the Era Swap Blockchain Network, utilizing a proof-of-stake consensus protocol. It offers users access to various peer-to-peer utility services through 1DAAP or eraswap.life, potentially reducing intermediary charges by 50% to 95% compared to traditional marketplace formats.

Structured Rewards and Token Release Mechanism

Era Swap implements a reward system distributed through the TimeAlly DApp, rewarding community members based on their contributions across the ecosystem. The pre-mined Era Swap Tokens are released monthly through smart contracts, with a gradual decrease of 10% in the Newly Released Tokens (NRT) supply each year, promoting a sustainable ecosystem.

Era Swap Ecosystem (ESE): Web 3.0 Principles in Action

Built on Web 3.0 principles, the Era Swap Ecosystem eliminates the need for third-party intervention in peer-to-peer exchanges. Powered by the Era Swap Blockchain Network (ESN), the ESE ensures data security through smart contracts, removing intermediaries and giving users control over their data. Incentives for users are distributed through decentralized platforms like Swappers Wall, Day Swappers, and TimeAlly.

Era Swap Network (ESN): Addressing Scalability and Cost Efficiency

The Era Swap Network (ESN) is designed to address scalability, speed, and transaction costs within the Era Swap Ecosystem. Positioned as a side-chain on the Ethereum blockchain, ESN utilizes the Plasma Framework to achieve 500 transactions every 5 seconds at 98% lower costs compared to the Ethereum Blockchain, offering a potential solution to scalability challenges.

In summary, Era Swap presents a decentralized ecosystem and utility token, shaping peer-to-peer exchanges and addressing scalability concerns through the Era Swap Network. As the project evolves, Era Swap aims to provide users with a decentralized and cost-effective alternative, potentially reshaping the landscape of peer-to-peer transactions.

What is unique about Era Swap (ES)?

Era Swap stands out for its decentralized utility token, Era Swap Token, which enables cost-efficient peer-to-peer exchanges within its ecosystem, reducing intermediary charges by up to 95%.

Who are the founders of Era Swap (ES)?

The founder of Era Swap is Tarun Baur.