Overview:
ETERBASE is a blockchain based cryptocurrency exchange platform. This platform aims to solve the current problems which are been faced during trading of digital assets. ETERBASE will fulfil all the trading needs through its platform. The ETERBASE platform will enable real-time spot trading and margin trading. It will also carry out over-the-counter trading, and high frequency server hosting with a direct-market access. The platform will provide incentive system for market makers. XBASE tokens will be used on this platform
Challenges:
• The cryptocurrency exchanges present today have not modified with time and therefore are not able to meet the new cryptocurrency trading needs and demands.
• There are also many problems regarding customer support. The existing exchanges have very slow response time and some exchanges do not even respond to enquiries.
• Well known and big exchanges face problems when trading high volumes. This prevents the user from making large deposits.
• The existing exchange platforms have a very risk of getting hacked and many such incidents have already occurred. The users do not get security from such platforms.
• The trading fees are high which effects the traders’ profit margin.
• The new coins or tokens find difficulty to get listed on the cryptocurrency exchange platforms due to high listing fees.
Exchange Platform:
To solve the above problems, ETERBASE has developed its exchange platform. The platform consists of an intuitive trading interface which will be used to place buy or sell orders. This interface will also have technical analysis tools.
This exchange platform will allow traders to do social trading which consist of interacting with top traders and market leaders. The top traders will get rewards in terms of XBASE tokens for providing signals and commentaries.
Fiat- Based Services:
• The ETERBASE platform allows users to apply for EMI licence which will enable them to open an account having a unique IBAN (International Bank Account Number).
• This platform will also issue the users debit cards which will be used for holding cryptocurrencies.
• ETERBASE will also provide a platform for the retail customers to display the banking information about their multiple accounts on one place.
Team:
Robert Auxt: Co – Founder
Previously he was the CEO of National Motorway Company. He also served as the member of board of directors in European Investment Bank for 1 year. Robert held the position of CFO and Vice Chairman at SZRB Asset Management.
Kenneth Kumor:
Kenneth was an advisor for Bethereum. He was also the member of The Bitcoin Foundation for four years.
Martin Smunty:
Martin has more than 15 years of experience as professional manager. He is experienced in Software projects execution and knowledge of well know PM methodologies (PMI, RUP, PRINCE2) and also has strong technical background.
Token Matrix:
Token – XBASE
Total Supply – 1 Billion XBASE
Price – 0.00005 ETH
Hard Cap – 24000ETH
Verdict:
Pros:
• The social media reach about this project is good as it has around 4000+followers on Twitter and around 14000+ members on Telegram
• The team members have experience in blockchain, cryptocurrency, finance, software development etc.
• There are 5 advisors for this project who are well versed with blockchain, cryptocurrency, finance, economics etc.
Cons:
• There are only three members in the core team. The team should consist of more members with relevant background.
• The whitepaper of this project is not explained properly.
• The MVP of this project is not currently available.
• The information about partnerships of this project is not available yet.
Website: https://www.eterbase.com/
Whitepaper: https://www.eterbase.com/whitepaper
Telegram: https://www.eterbase.com/whitepaper
Twitter: https://twitter.com/eterbase
ANN Thread: https://bitcointalk.org/index.php?topic=3664292.0
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c