Era Swap Decentralized Autonomous Organization (DAO) is governed by a set of software rules on Blockchain. It uses a consensus mechanism to reach the goals of the organization with its stakeholders. The users can trust the outcome as accurate, since Era Swap DAO will have 37 interlinked Smart Contracts/ DApps, with pre-defined tools that automatically execute when certain conditions are met and will be stored in one of the major engines of Era Swap i.e. Era Swap Blockchain Network.
Era Swap DAO utilizes PoS Validators which do the administration part in Era Swap Network. The possession is given to TimeAlly Stakers who stake Era Swap tokens, the oversight is finished by Blokcee and the workforce is the contractors. In Era Swap DAO, it utilizes Proof of Stake Consensus around token governance by complex smart contracts rather than any sort of legal contract. TimeAlly Smart Contract is the governing protocol that rewards according to the practices of members present in the network.
Mission & Vision
Era Swap finds that the current market has many problems with the security & privacy of an individual user. Some of the core problems with the current market are deficiency of centralization, data shared to the third party, shared control of data, giving third party permission, unemployment, lack of transparency, heavy middlemen cost, and many more.
Mission: Era Swap focuses on competitive DApps development with Era Swap utility token for P2P Exchange of services on scalable Blockchain to disrupt monopolies.
Vision: To be the most admired self-sustainable peer to peer marketplace for the betterment of the unserved, underserved, undeveloped, underdeveloped by appreciating the value they deliver.
Engines of Era Swap
Era Swap Decentralized Token (ES)
Era Swap Token (ES) is a decentralized utility token, which can be used on multiple decentralized applications that are powered by Era Swap, within the Era Swap Ecosystem, for exchanging in P2P Mode. It is also utilized for the transactions, transaction fee, validation, and staking rewards on ESN, since, Era Swap Token (ES) is a native token of Era Swap Decentralized Network Proof of Stake Consensus Protocol. The amounts charged to users are reducing up to 90%, with the inclusion of ES in Era Swap Decentralized Ecosystem.
For more detailed information on Era Swap Token (ES), visit https://eraswaptoken.io
Era Swap Decentralized Network (ESN)
Era Swap Decentralized Network uses the security of Ethereum & Achieves scalability using the plasma framework that not only gives high speed transactions but also low-cost transactions for Era Swap Decentralized Ecosystem (ESE). As a layer to the arrangement, Era Swap Decentralized Network can give 8.6 Million of transactions per day, Block Time of 5-seconds, and takes less than 0.00001 ES.
User will be able to use both Ethereum and Era Swap Blockchain Network via Era Swap Bridge – Merkle Swap (https://merkleswap.com)
Era Swap Decentralized Network offers Scalability, High-Speed Blockchain, Low-cost Transactions for Internal Transactions of Ecosystem. ESN allows multiple cloud computing users to enter a loosely coupled peer to peer smart contract to validate and signed ESN Transactions usiong PoS Consensus Protocol.
For more information, visit https://eraswap.network
Era Swap Decentralized Ecosystem (ESE)
Era Swap Ecosystem (ESE) is a decentralized ecosystem where users get access to multiple DApps powered on Era Swap Network (ESN). Era Swap Decentralized Ecosystem uses a single utility i.e. Era Swap Token (ES) for all its peer-to-peer exchanges without any interference of multi-layer intermediates/ middlemen`s and third-party permissions.
Era Swap Ecosystem is consists of multiple DApps, where Era Swap Token (ES) can be used, platforms like Social Community Platform, Stacking Solutions, P2P Freelancing Marketplace, Affiliate Program, Prediction Platform, E-Learning, and many more.
To access all the DApps from a single place, visit www.eraswap.life or Download 1DAAP (https://play.google.com/store/apps/details?id=com.eraswaponeapp) from Play Store.
Era Swap Market Positioning
With the inclusion of Blockchain in 2008, there are a total of five phases that have occurred in Blockchain Development.
Phase 1 (2009-2012) – Proof of concept for Blockchain i.e. Bitcoin for niche adopters
Phase 2 (2013-2014) – Blockchain was on infrastructure development that includes exchange, wallet, custody and payment
Phase 3 (2015-2017) – Deployment of Smart Contracts takes place and the first application was created in financial use-cases which lets users do micro-payment, remittance and cross border payment
Phase 4 (2017-2018) – Exploratory Phase which includes DApps, PCs
Phase 5 (2019-2020) – Got validation with proven use-cases like Successful DApps and Blockchain Improvements
Phase 6 (2020 Onwards) – Era Swap stands to disrupt monopolies with continuous development &innovation of competitive DApps with Scalable & Efficient Blockchain supported using Decentralized Autonomous Organization (DAO) infrastructure.
FUTURE OF ERA SWAP
Era Swap will be the largest decentralized peer-to-peer blockchain powered self-sustainable use-case solutions in making, where 19 DApps are ready on testnet and further upcoming 11 DApps will be completed by March 2021. Era Swap DAO is strongly committed to creating the largest spread of peer-to-peer marketplace, where Era Swap community members can connect with each other and exchange using one single utility token i.e. Era Swap (ES), within the ecosystem.
Want to know more in detail about Era Swap Decentralized Organization?
Check out Era Swap DAO Green Paper:
https://medium.com/@eraswap/era-swap-dao-green-paper-9aace2b45cde
