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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][Parachute is Accepting New Applications for August Class] on: July 25, 2018, 02:09:46 AM
Parachute (in collaboration with Google) is looking for Blockchain Projects to join their Community Building and Accelerator Platform


  • Parachute is currently accepting applicants, early stage blockchain startups, to join their community building platform
  • Ideal applicant is a Blockchain project that can benefit from Parachuteís community building platform and the vast resources provided by Google by way of the partnership
  • Parachute will be offering resources and community growing services, including organizing and executing aidops on behalf of partners

     What is Parachute?

Parachute is a platform that partners with crypto projects and startups to help increase project exposure and build their initial communities. We pair projects with our engaged Parachute community. We also enable our partners to utilize community talent via the Parachute Freelance Marketplace and provide partners an initial Parachute Token (PAR) incentive to utilize the marketplace. If your Crypto Project has a native token, Parachute has capability to facilitate air drops and rewards to all community members to increase project interest. A key focus of Parachute is building engaged communities. This is fostered by connecting community members with new projects they love. Engagement is also stimulated by targeted rewards to the highly engaged community members (via PAR or a partnerís native token where applicable). Engagement is further reinforced by a culture that is positive and respectful, use of games/tournaments/prizes, and a focus on having fun as well as philanthropy. This ecosystem has a demonstrated track record of being mutually beneficial to community members as well as Parachute partners.

    What's in it for your blockchain startup?

Google wants to reach startups, which is why they partner with companies like WeWork, Y-Combinator, and now Parachute. Parachute and Google will be sharing a great amount of resources to help your startup grow. Resources and benefits offer thanks to the Google partnership are the following:

  • $20,000 USD worth of Cloud and Firebase Credits; good for 12 months
  • Dedicated startup technical office hours
  • In-depth 1:1 architecture reviews with Google engineers. G-Suite credits for new domains.
  • Invitations to exclusive local Google Cloud events
  • A smaller Google, via introductions internally where it matters to startups: Ads, Play, Maps, Chrome, and more...
  • A streamlined application process to our Surge

These benefits are in addition to Parachute committing itself to actively build a highly engaged and organic community for your startup, stimulating the community to be helpful, engaged and feedback eager by organizing and providing tiered rewards of PAR tokens / your native token to the community. As a Parachute partner you will also have the opportunity to spend 2.5 Million PAR to use in our Freelance Marketplace, set aside exclusively for Parachute Partners. The community is the best in the biz, with the most fun and inspirational members and team that will bring your crew and project to the next level.

Are you and your team ready?!?! Get On Board and Apply!!     Parachute Application

2  Alternate cryptocurrencies / Altcoin Discussion / Ethereum network clogged & slow on: July 03, 2018, 01:00:36 AM
Has everyone noticed that the ethereum network is extremely clogged and slow these past few days? I've found several contracts and wallets that are sending out minuscule amounts of tokens one at a time at extreme gas prices. Do you think that if they were to send at reasonable gas levels (<10gwei) that the network would come down as miners are willing to confirm all the transactions, or is this truly an easy way to disrupt the network by simply paying extreme gas levels and sending through thousands of transactions?

I have heard people talk about sharding coming in to save the day, but does anyone have an idea when this might be implemented?

Other thoughts on how to keep the network running smooth and without enormous delays?
3  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][PAR] Parachute | Parachute Token | Community Driven Airdrop & Marketplace on: March 17, 2018, 06:35:42 PM

Join the Community, Be Involved, Get Free Tokens

     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.  Cool Grin
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 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.


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


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
Decimals: 18
Total Pre-Mined Supply: 1,000,000,000

     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:

Where's the Beef!!

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