Categories: Press Releases

Token Launch Date Announced for Dether, World’s First Peer-to-Peer Ecosystem of Crypto Buyers, Sellers, and Shops

Paris, France, January 05, 2017—Dether, the world’s first peer-to-peer ether network allowing anyone to trade ether for cash and spend it at physical stores, announced today the date of their upcoming token launch.

Dether is a trustless application, powered by Ethereum smart contracts. In an effort to foster Ethereum mass adoption by making the process of obtaining or trading ether quicker, easier and accessible to anyone, Dether allows users all across the globe to buy or trade ether, without a bank account, credit or debit card.

Dether’s token launch will take place February 7, 2018. In order to participate, users must first register on their whitelist, which opens January 15, 2018. In regards to the ÐTH (Dether) token total supply, 100.000.000 ÐTH max will be minted, and broken down into:

66% Token sale
3% Bounty program
18% Team (vested for 3 years with a 6-month release program)
3% Advisors (vested for 6 months)
5% Early contributors (vested for 6 months)
5% Presale bonus (vested for 6 months)

Related Post

Contributions will be capped according to the number of participants that have been whitelisted. The token sale whitelist will be open for 3 weeks, starting on January 15, 2017. However, the token sale whitelist may close before the end of the 3 week period if the maximum number of participants registered is reached before the deadline. The maxcap will be equivalent to 8 millions USD (in ETH).

What purpose will the ÐTH token serve? According to Dether co-founder, Mehdi Amari, the ÐTH tokens serve two main goals: “ÐTH proposes a freemium model, much like the Google search page,” said Amari. “Sellers and physical shops are organically visible. However, using ÐTH tokens allows users to ensure better visibility and to increase trading volumes.” Co-founder Hamid Benyahia also explained how the token will be used for growth.  “By owning ÐTH in a wallet, users will be able to pay fewer fees on trades than if they were paying in ether. Users are incentivized to use ÐTH tokens to pay fees and be part of the affiliate program. Incentives in ÐTH tokens are guaranteed to users that onboard new users in order to create a decentralized business development system.”

Dether’s beta will be available on Ethereum Main Net in March 2018. Sellers, buyers and physical shops from all over the world will be able to use ÐTH tokens on Dether.
Those interested can learn more here, and by reading about the token in Dether’s whitepaper.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest
Tags: dether

Recent Posts

Here’s Why Precious Metals Belong in Your Portfolio

Whether you already have a large portfolio or you’re just getting started in investing, precious…

27 mins ago

Gala Price Doubles After Town Star Nodes Announcement

Gala price is up over 93% today, making it the biggest gainer on Crypto.com, followed…

4 hours ago

Shiba Inu Price Holding Support as the FUD Continues

Shiba Inu's price continues to hold the $0.000049 support level amid FUD from major news…

6 hours ago

Top 5 Metaverse Coins With Over $1 Billion Market Cap

Following NFTs and Meme cryptocurrencies, Metaverse coins are undoubtedly the next big hype in crypto.…

9 hours ago

The Future of Eyewear is Looking Bright

The global pandemic changed many different aspects of our lives. One thing that has been…

11 hours ago

CRO Price Up 22% Amid Crypto.com’s New LA Arena

Crypto.com's CRO is up over 22% today, setting a new all time for the cryptocurrency.…

14 hours ago

This website uses cookies.