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Etherparty releases the advantages of fast, safe and low-cost smart contracts for individuals and businesses. It represents a new generation of "software as a service". Etherparty promises that it will do for smart contracts what content management systems did for web development.
FUEL tokens are the key to using Etherparty. They manage the contract library, security testing, network fees, monitoring and the entire smart contract process.
FUEL is a transferable ERC-20 digital token deployed on the Ethereum network, the in-app currency that powers the Etherparty platform. Users will use FUEL to gain access and thus use the functionality of the platform. The FUEL token is a method of verifying user interaction with Etherparty, allowing users to purchase, execute or exchange for other smart contracts on the platform. In the future, FUEL will serve as an access authority for smart contracts on multiple blockchains, integrating different blockchains into a unified view of the Etherparty platform.
The total supply of FUEL tokens is 1 billion and will not increase. The smallest unit of FUEL is wei. Tokens used on the platform go back into the platform supply again. We will offer users the ability to purchase FUEL from these supplies.
The main function of Etherparty is to build a user-friendly front-end page by creating a smart contract code template library, and provide online writing, testing and deployment of Ethereum-based smart contracts for ordinary users and business users without professional technical foundation . The platform will provide modules, whose updates and tests are done manually by the team, rather than using community incentives. In the later stage, it will cooperate with Rootstock to develop smart contracts based on Bitcoin, and plans to expand to other blockchains in the later stage.
A standard business process on an Etherparty platform is that users register on the platform, and use the interface and modules provided by the platform to write smart contracts, and the platform automatically tests the contracts in the background, and finally deploys the contracts to Ethereum after confirming that there are no security issues On the master chain. In addition, Etherparty also provides a smart contract market, bringing some developers' products to end users.
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