Bitcoin Forum

Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: BountySoldier on January 26, 2021, 09:20:35 AM



Title: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: BountySoldier on January 26, 2021, 09:20:35 AM
EmiSwap beta is now live!🔥🔥

To reward the early adopters, we will distribute 50,000 ESW among the soft launch participants.

Help us get ready for the official launch and seize your reward!💰💰

Follow the link to learn more: http://bit.ly/beta_release3

https://i.imgur.com/HRUDSjt.jpg


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: bakasabo on January 26, 2021, 09:31:28 AM
In Russian local board you have mentioned, that EmiSwap has roots of Emirex (https://bitcointalk.org/index.php?topic=5179932.0). You've said that EmiSwap development team consist partly of Emirex team. What about marketing and strategy team members? 

I remember there were issues with Emirex, as I participated in their bounty. Distribution happened after one year after bounty ended, rewards were distributed to exchange, but not to user wallet, and bounty hunters were asked to pass KYC to withdraw. What about your proposal? How the distribution will occur and wont participants face any problems with it?


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: ice18 on January 26, 2021, 10:02:23 AM
Hi Its another alternative to Uniswap, Am I right? If yes, Can you tell me what is the killing features of this new dex that Uniswap has not yet implemented? where I can read about the new features that may interest  huge numbers traders?


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: RuLanuh on January 26, 2021, 02:26:35 PM
Unusual that EmiSwap utilizes a protocol where the assets are priced according to a pricing algorithm instead of using an order book like at most exchanges.


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: TeraBite on January 26, 2021, 02:28:48 PM
Hi Its another alternative to Uniswap, Am I right? If yes, Can you tell me what is the killing features of this new dex that Uniswap has not yet implemented? where I can read about the new features that may interest  huge numbers traders?

https://crowdsale.emidao.org/magic-nft

They are offering NFT cards with every purchase and some kind incentives during this soft launch although there is nothing unique to offer. Almost all swap sites are offering the same like Uniswap if they would keep the trading fee little than it can attractive the people to use this platform.


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: Onika84 on January 26, 2021, 04:29:38 PM
emiswap is part of emirex, as we know emirex in the past they did not treat bounty participants well. However, I wish them success with their new project.


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: namcunguyen on January 26, 2021, 04:54:50 PM
emiswap is part of emirex, as we know emirex in the past they did not treat bounty participants well. However, I wish them success with their new project.
Emirex distributes enough tokens to the bounty hunter but the time is too long. This campaign will run for about two weeks but don't know how long they will pay?


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: Miiike on January 26, 2021, 11:11:57 PM
Hi Its another alternative to Uniswap, Am I right? If yes, Can you tell me what is the killing features of this new dex that Uniswap has not yet implemented? where I can read about the new features that may interest  huge numbers traders?

https://crowdsale.emidao.org/magic-nft

They are offering NFT cards with every purchase and some kind incentives during this soft launch although there is nothing unique to offer. Almost all swap sites are offering the same like Uniswap if they would keep the trading fee little than it can attractive the people to use this platform.

The card (according to the referenced webpage) gives their native token, EST, at certain number depending on the level of the card.

Now, I'm not familiar with emiswap, at all, so I have zero to no idea of their tokenomy, but is anyone knows if this native token quite favorable or not? People uses them on daily basis that will guarantee their price goes up or maintained at certain value? What I wanted to know is, if holding the cards and earned EST from it will actually worth the price of buying them or is it just another lame attempt to create something "unique"?


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: tippytoes on January 26, 2021, 11:17:36 PM
emiswap is part of emirex, as we know emirex in the past they did not treat bounty participants well. However, I wish them success with their new project.
Emirex distributes enough tokens to the bounty hunter but the time is too long. This campaign will run for about two weeks but don't know how long they will pay?

What is the status of the emirex platform now? If you see their markets, the trading pairs for AED with USDT, BTC, ETH are really not that huge number. So that means they are not doing good in the middle eastern countries? Now, that they have their own DEX, do you think they will do good on this venture? If they have bad history paying their participants before, don't think a lot will come to their new bounty program, unless, those users don't know their past history.


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: examplens on January 26, 2021, 11:26:35 PM
I am a little bit confused here.
In subject, you say "EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants"
But later it is "To reward the early adopters, we will distribute 50,000 ESW among the soft launch participants."

So, what is right?


Title: Re: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants
Post by: Miiike on January 27, 2021, 04:49:13 AM
I am a little bit confused here.
In subject, you say "EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants"
But later it is "To reward the early adopters, we will distribute 50,000 ESW among the soft launch participants."

So, what is right?

I believe what they mean were to distribute 5,500 worth of USD(T) in ESW, since USD and USDT were usually at 1:1 ratio. Checked their rate and I found that ESW/USDT is at 0.11, so the number matched, that 50,000 ESW should be around 5,500 USDT. The airdropped token itself will be ESW and not USDT.

This is also confirmed from the article on the link they gave,

Quote
To reward the early adopters who join us at this stage, we plan to distribute 50,000 ESW equivalent to 5,500 USDT proportionally among the soft launch participants.