Etherparty is a contract wizard that removes the complexity of creating, managing and executing smart contracts on multiple blockchains. . EtherParty ICO rating – not rated.
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Ended ICO : 01/10/17 – 29/10/17
About EtherParty ICO (token sale)
The mainstream use of smart contracts will require inventing new architectural solutions that combine blockchain with more traditional technologies (web applications, public APIs, and so on). One example of this will be a web application through which the user will sign up through our server and create smart contracts that will be testable and deployable on the blockchain. Our current implementation of this product allows for the creation and crowdfund of ERC20 or ERC223 compliant tokens, as well as sports bets of professional baseball to be placed between two users.
The application uses two hosted Ethereum nodes, one for the actual main Ethereum network, and the other for the testnet. This will allow the contracts to be fully tested by the users before deploying them. In our production environment, we will deploy with multiple, load-balanced Ethereum nodes to handle the expected network trafic, as well as to provide high availability for Etherparty users.
Future development of this web application will include an ever increasing library of smart contracts for the user to choose from, and a marketplace for user-created contract templates. This would enable non-technical users to create blockchain transactions in the form of smart contracts that can re ect any type of agreement in legal and business contexts. Traditional technologies will continue to provide the means to track versions of smart contracts, usernames on the platform, and corresponding email addresses for the purpose of logging in. The EVM will be used to process the escrow and instructions of the smart contracts itself.
Etherparty is a platform that removes the complexities and management of creating and executing smart contracts. What sets Etherparty apart from the other code-based solution includes:
NO OTHER TOOLS REQUIRED
Using Etherparty means you won’t need to install anything else like Geth, Meteor, or Mist to run Smart Contracts.
SMART CONTRACT TEMPLATES
Your contract drafts are always available and ready to execute. Log in from anywhere and deploy.
NO SYNC REQUIRED
Etherparty works directly with the Ethereum network so there’s no delay for software to sync to quickly execute a contract.
Users can create custom contracts to suit their needs.
LEGALLY BINDING CONTRACTS
Users can access simple legal agreements, add conditionality and deploy and the contract will be legally binding under the law placed in the contract.
Etherparty’s enterprise solution allows companies to integrate and upload their own documents and turn them into a smart contract. No need to change their current infrastructure.
Parties to the contract can create access for a third-party mediator or arbitrator for contract disputes when necessary.
The ICO will allow us to hire new talent, pay for marketing, as well as for business and product development so that we can be the rst to market with a smart contract platform that anyone can use.
Only one billion FUEL tokens will ever be created. The FUEL tokens are intended to be allocated as follows:
40% (400,000,000) to be sold by the Company to pre-Crowdsale purchasers pursuant to a SAFT12 offering or through Company Approved A liates. If all pre sale tokens get sold at the highest bonus 35% then there will be a total of 540,000,000 million FUEL tokens sold.
40% (400,000,000) to be sold by the Company to Crowdsale purchasers. If the pre sale sells out in full at the highest bonus level 35% there would only be 260,000,000 tokens available in the public sale
10% (100,000,000) reserved by the Company to incentivize community, beta testers, and strategic partners.
5% (50,000,000) to be sold directly on the platform
5% (50,000,000) to be distributed by the Company to the Etherparty team.
Etherparty platform and Company Staff tokens will be locked for 6 months after the end of the crowdsale.
Any unsold tokens in the pre sale will go into the public sale.
All unsold tokens from the public sale will stay on the Etherparty platform held by the Company for sale only on the platform