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File: 72 KB, 750x750, offshift.png [View same] [iqdb] [saucenao] [google]
21258660 No.21258660 [Reply] [Original]

Overview
>Offshift is a cryptographically private offshore storage & DeFi protocol on Ethereum
>The first token to utilize the new EIP for encrypted token transfers using zero-knowledge proofs
>Will allow you to send and receive zkTokens (e.g. zkUSD, zkETH) which completely privatizes number of tokens transferred and held
>XFT tokens are burned in order to mint zkAssets
>Extremely early stage project, literally the ground floor, only listed on uniswap currently:
uniswap.info/token/0xabe580e7ee158da464b51ee1a83ac0289622e6be

The Tech
This standard defines a way of interacting with a confidential token contract. Confidential tokens do not have traditional balances - value is represented by notes, which are composed of a public owner and an encrypted value. Value is transferred by splitting a note into multiple notes with different owners. Similarly notes can be combined into a larger note. Note splitting is analogous to the behaviour of Bitcoin UTXOs, which is a good mental model to follow. More info here:
>github.com/ethereum/EIPs/issues/1724
Test transactions on zkDAI
>etherscan.io/address/0xc5c0b2e7a265c96d29ae1e4e70cd542dedc87aee

Tokenomics
>$2mil marketcap
>$1mil volume
>$150k liquidity locked, here's the smart contract before anons start saying "rug pull":
etherscan.io/address/0x6e159c0084e60ab396a6298258b266d6e8ee5f10
>total supply: 10mil
>circulating supply: 1.75m
>rest is all locked with vesting plans, none released until 6 months after listing
>most is dedicated towards staking and rewarding users for using the ecosystem, which begins late Q4

Competitors
>Monero $1.7bil marketcap
>Zcash $920mil marketcap
>Haven $22mil marketcap
>Offshift $2mil marketcap
Each of those are their own blockchain, where as Offshift is utilizing Ethereum giving it much more value and usecases, allowing zkAssets to interact with other defi protocols etc. Very unique value proposition

(cont...)

>> No.21258675
File: 8 KB, 437x138, oracle-xft.png [View same] [iqdb] [saucenao] [google]
21258675

>>21258660
Upcoming Short-term Events
>Roadmap (just got released)
>Whitepaper v2
>Exchange listings
>Partnership announcements, hinting at ChainLink? check pic
>New team hires

Right now the volume is increasing, whales are getting in 20ETH at a time and the number of addresses is growing pretty fast. Currently 700 addresses, was only 400 yesterday. Short term I'm expecting this to 5x before going into consolidation whilst development is happening

Links
>Uniswap
uniswap.info/token/0xabe580e7ee158da464b51ee1a83ac0289622e6be
>Website
offshift.io/
>Coinmarketcap
coinmarketcap.com/currencies/offshift/
>Coingecko
coingecko.com/en/coins/offshift
>Whitepaper
offshift.io/wp-content/uploads/2020/07/OFFshift_Whitepaper_v3_July2020.pdf
>Telegram Official
t.me/OffshiftXFT
>Telegram Trading
t.me/OffShiftTrading
>Twitter
twitter.com/OffshiftXFT

>> No.21258766

was hesitant at first. but I did get shifty yesterday.

>> No.21258831

how many shifties to make it?

>> No.21258894

>>21258831
1k shifties

>> No.21259416
File: 648 KB, 4000x4000, pngguru.com.png [View same] [iqdb] [saucenao] [google]
21259416

1 or i'd say 2k shifties to make it senpai.

leggo!!

>> No.21259437
File: 364 KB, 597x333, 9978BE8E-C50B-45D1-83B7-2885984C7BDB.png [View same] [iqdb] [saucenao] [google]
21259437

>>21258766
my name is joe biden and i approve of this message

>> No.21259550

>>21259416
1k should be more than enough, 20$ EOW with this increase in volume and addresses

>> No.21259555

Cmon, let's break $2 for good today guys!

>> No.21259808

but muh anon team >_>

>> No.21259965
File: 48 KB, 285x338, privacypepexft.jpg [View same] [iqdb] [saucenao] [google]
21259965

Get your offshift token now and sit comfy

>> No.21259993

It's a privacy token, I suspect they stay anon for a good while. Just wait 'till you see the code before you judge.

This token is SNX without fraudulent scam tokenomics and inflationary bullshit for dumping on plebs while they lock up 90% of supply.

SNX 400mil mcap rn.
This is 2mil mcap.
You can do the maffs.

>> No.21260134
File: 271 KB, 614x745, tronk.jpg [View same] [iqdb] [saucenao] [google]
21260134

Excellent thread. Will lose my virginity soon.
Small bag to buy waifu.

>> No.21260158

Also its down from 2.2 to 1.5, might be a good time to buy some

>> No.21260169

Salty anons will call this a scam and buy it at 10 mil marketcap kek

>> No.21260199

>>21260169
Looking at the coin like this makes me wanna buy more. So goddamn low cap.

>> No.21260361

>>21260199

you can tell a lot of people want in. Dips are bought up fast and its usually only one seller than drops the price.

>> No.21260996

>>21260361
what’re you a fucking price bot? dIpS aRe BoUgHt Up. goddamnit you ranjeets and krishnas need to get creative

>> No.21261082
File: 5 KB, 189x266, images[1].png [View same] [iqdb] [saucenao] [google]
21261082

>>21260996
>dIpS aRe BoUgHt Up

>> No.21261328

>>21261082

guess we will have to let time decide who is right on this one fren

>> No.21261349

>>21261328
go back to r****t you dense faggot

>> No.21261560

fucking refreshed dextools and it said 'Pair Error'

thought they rug pulled holy shit my heart is beating 500 times a minute

>> No.21261898

am I too late shifties? 300 at $1.50

>> No.21261935

>>21261898
just on time

>> No.21261976

>>21261560
happens quite frequently on uniswap too "insufficient liquidity". Nothing to be worried about with XFT though, they locked the liquidity. Don't take my word for it, look at the smart contract:
>etherscan.io/address/0x6e159c0084e60ab396a6298258b266d6e8ee5f10

>> No.21262516

>>21261898
Still better than my buy-in price. Anything under $2 is a good bet for the next few days I think, if the market bounces back we'll undoubtedly see 2x minimum considering its competitors have multiples of its market cap

>> No.21262542
File: 39 KB, 417x317, 1588278659076.gif [View same] [iqdb] [saucenao] [google]
21262542

>>21261082
piss off, you are the worst cancer

>> No.21262564

>>21262542
sorry for calling out faggot FUDing r****tors newfag

>> No.21262843

where’s the code on github? You guys are buying a white paper only? Deserved to get dumped

>> No.21263032
File: 957 KB, 500x418, 1582090110301.gif [View same] [iqdb] [saucenao] [google]
21263032

>>21262564
>uses ***
>says sorry
>talks like a fag
>says the n word

projection is a cheap bitch anon

>> No.21263044

You cucks got scammed on NUG and NEXE while this coin has locked liquidity with one week of AMA's answered with ORACLE INTEGRATION

GET THE FUCK IN YOU ANON AND LETS MAKE IT TOGETHER

>> No.21263168

>>21263044
I've been in this since 60 cents and got scammed on NEXE.

Knew NEXE was a shitter scam and just thought they'd pump it more.

>> No.21263202

>>21263032
>doesn't know that r****tor is censored
newfag

>> No.21263264

>>21263044
Oracle integration?

>> No.21263533

TIME TO GET SHIFTY IN HERE

>> No.21263625

>>21263533
and you retards are trying to tell me this board isn't completely infested with reddit

>> No.21263627

>>21263044
why is no one talking about the oracle integration?

>> No.21263813

>>21263168
You have to understand that what may be chump change for us is a massive fortunate for Ranjit. $1000 will let the shit in the premium, paved streets. Scamming at 10k would leave any poo completely exhilarated, and they're too stupid to understand the concept of lost profits.

>> No.21264061

Fucking send it