What is Parachute?!?

Parachute is a community, it's a marketplace, it's a platform, it's a token. Parachute is building the best crypto community, and bringing that community to the world.  
Parachute is a community engaged in helping early-stage companies gain exposure and build their initial community through organized airdrops on the Parachute platform. We meet the team, perform our due diligence and if the company is right for the Parachute community, we'll get the crew activated!

     Community

Parachute is a community engaged in helping early-stage companies gain exposure and build their initial community through organized airdrops on the Parachute platform. We meet the team, perform our due diligence and if the company is right for the Parachute community, we'll get the crew activated! Parachute itself organizes and executes airdrops of the Parachute Token (PAR) to our community based on milestones of 100 members, 1K members, 10k members, and 100k members. We're giving away 20MM PAR at each milestone for our supporters.

The Parachute community is unlike any other in the crypto space. Everyone is active and contributes, it is diverse and everyone brings different areas of expertise and interest to the group. Our members want to see the companies succeed and be a part of the story. We're about transparency, feedback, involvement, and good vibes. We appreciate feedback about our website, community, product, and our partnerships. We take that and build our product around what we see as most important and benefits the community and ecosystem in which we plan to operate.

     Platform

The Parachute platform is the core product. The Parachute team is very active in the NYC startup and crypto communities, and continually exploring opportunities for partnerships. When we meet another team and project that is aligned with our approach, we establish that partnership and onboard our community. Once milestones are hit, typically in the form of social media engagement, we execute airdrops of our partners ERC20 tokens. The web based (beta) platform is a place to explore the awesome new projects, connect and engage, and learn the milestone calculation, status and how to ensure members are included in the next airdrop.  We envision a mobile app as the primary platform application, containing all of the following and more!
    

• Token Cards for each partnership
• Active Airdrop Campains & Countdowns
• Upcoming Partnerships
• Tokens you are or have participated in
• Status of Parachuter! (Users may obtain higher levels based on participation, active engagement, and other metrics)
      
• Treasure Chest Hunts!
• Tracker of your tokens and amounts you own
• Average prices on Parachute Exchange or other public exchanges

     Token

The Parachute Token (PAR) will have several uses. In the early stages, the token is used as a mechanism to build our community and spur engagement. However, the token will be deployed and used on the Parachute Marketplace, and as a medium of exchange on the Parachute Exchange. The token is an ERC20 token, leveraging smart contracts for higher utility and functionality.

Token Details
Name: Parachute Token
Symbol: PAR
Contract Address: 0x1beef31946fbbb40b877a72e4ae04a8d1a5cee06

     Future Applications

Parachute envisions two other major product launches. The first is Parachute Marketplace.

Parachute Marketplace is an open freelancer marketplace, using PAR as the medium. This is where the real engagement between our community and our partnerships meet. Our partnered projects can post desired freelance services and our community can claim them. Our community members also can make suggestions and feedback that our partnerships can take. The marketplace would leverage smart contracts designed and customized by the Parachute team used to ensure delivery of the services, and PAR, by each party. We envision opening the marketplace not only to our partnerships, but to the larger crypto community and even non-crypto companies and projects can join in on the fun. Our members would build portfolios of work done as way to showcase their work to projects. We also envision a licensing and leasing option for intellectual property and other digital assets, such as video, photo, audio, that companies could use. The Parachute Marketplace has several advantages over standard freelance markets.

1. PAR is borderless
2. Smart Contracts will be built for standard freelance services that any project can use
3. Customized smart contracts for more complex transactions and arrangements can be built
4. Smart Contracts ensure that upon confirmation from both sides, services and PAR are exchanged simultaneously and without risk of default


Parachute is also building the Parachute Exchange.

One of the biggest challenges for early stage crypto projects is listing on a meaningful exchange. Parachute envisions an off-block chain exchange that utilizes PAR as the medium of exchange. Users can buy and sell our partnered tokens on the exchange for PAR. We would list our partnered tokens for free on the decentralized exchange for free and immediately. We would look to build an off-block chain exchange that is relayed to the block chain on a regularly scheduled basis, using an aggregated transaction method. We believe that fees shouldn't hinder liquidity and the market. Every transaction on chain costs gas, but on our exchange there would be no gas fees. We believe it doesn't make sense to pay more in gas than the current value of the token you're buying. Utilizing off-block chain contracts allows for immediate exchange on our API, no fees, and transparency of the size and liquidity of the market. Leveraging relay technology and contracts to aggregate allows for Parachute to build this efficiency.

         parachute roadmap




Social Media and Links

We love finding good projects and sharing them with great people. Parachute lets you discover new tokens and let's you get a slice of the pie, simply by following the projects you like.

- Parachute Website

- Parachute Telegram

- Parachute Reddit

- Parachute Twitter

- Parachute Discord

- Parachute Announcements

- Download the Cheddur app and review us on our Cheddur page: https://www.cheddur.com

Where's the Beef!!

I imagine it would be useful in certain situations, but is there additional cost involved in the development process?

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Contacted the admins of that block explorer. I'm pretty sure they'll fix the issue.

ETC is not dead, it's just a small shock when everyone is doing panic sell and that happens to all coins.

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