{"title":"dExCount: A decentralized cross-chain discount web app for Token Sale","authors":"Kavita Sonawane, Yogesh Singh Nayal, Durgesh Palekar, Harshit Shetty, Vivek Pinto","doi":"10.1109/CSCITA55725.2023.10104639","DOIUrl":null,"url":null,"abstract":"As the crypto market develops, new projects emerge with blockchains and tokens aimed at achieving specific goals. Some of them aim to outperform Ethereum by providing developers with improved scalability, low to no fees, and other benefits. Others are designed to be used only in decentralized applications such as online casinos or cryptocurrency loan services. This incredible variety of options eventually leads to the need to exchange one cryptocurrency for another, just as we would exchange dollars, euros, and yen. In the market, there are numerous ways to exchange cryptocurrencies. There are numerous applications and blockchain platforms that facilitate the exchange of cryptocurrencies from one token to another. However, there are numerous complications throughout the process. In some platforms, you have to write long lines of code in order to swap tokens or the transaction fee in some platforms is very high which makes it difficult for a token owner to swap the tokens and also earn profit with it. Therefore to solve this problem, we have come up with a web application ‘‘dExCount’’ that helps the token seller to sell their tokens at a discounted price by creating a discount pool without writing any code. This system blockchain platform will help cryptocurrency owners to increase the brand value of the tokens by hosting the tokens on the platform for sale at a discounted rate. The token owner can give detailed information about the token like the social media links, website, and various other information about the tokens.","PeriodicalId":224479,"journal":{"name":"2023 International Conference on Communication System, Computing and IT Applications (CSCITA)","volume":"42 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2023 International Conference on Communication System, Computing and IT Applications (CSCITA)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CSCITA55725.2023.10104639","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
As the crypto market develops, new projects emerge with blockchains and tokens aimed at achieving specific goals. Some of them aim to outperform Ethereum by providing developers with improved scalability, low to no fees, and other benefits. Others are designed to be used only in decentralized applications such as online casinos or cryptocurrency loan services. This incredible variety of options eventually leads to the need to exchange one cryptocurrency for another, just as we would exchange dollars, euros, and yen. In the market, there are numerous ways to exchange cryptocurrencies. There are numerous applications and blockchain platforms that facilitate the exchange of cryptocurrencies from one token to another. However, there are numerous complications throughout the process. In some platforms, you have to write long lines of code in order to swap tokens or the transaction fee in some platforms is very high which makes it difficult for a token owner to swap the tokens and also earn profit with it. Therefore to solve this problem, we have come up with a web application ‘‘dExCount’’ that helps the token seller to sell their tokens at a discounted price by creating a discount pool without writing any code. This system blockchain platform will help cryptocurrency owners to increase the brand value of the tokens by hosting the tokens on the platform for sale at a discounted rate. The token owner can give detailed information about the token like the social media links, website, and various other information about the tokens.