About DETHER
Dether is the world’s first peer-to-peer ether network. It enables anyone who has a smartphone to buy and sell ether using cash and spend it at physical stores listed on the Dether map.
Dether creates a worldwide ecosystem of ether buyers, sellers and physical stores willing to trade ether for fiat cash and accept it as a means of payment. Dether provides the infrastructure for people to embrace
Ethereum technology in their everyday lives. Dether is available on any smartphone. No bank account is needed to buy and sell ether. No credit or debit card is needed to spend ether at physical stores.
Dether offers the unique ability to let anyone safely buy and sell ether anywhere, anytime, with cash. Because we believe that Ethereum won’t know mass adoption until it’s easily and quickly accessible to anyone on Earth, we decided to create the first Dapp that brings the key solution in order to interact with the Ethereum blockchain from anywhere in the world.
Any ether owner can officially become a seller on Dether and benefit from a new, profitable activity. Ether sellers can now become mobile “PTM” (People Teller Machine) by being on the Dether map and selling ether for fiat currency anywhere in the world at any time. Sellers are free to set up their own ETH/fiat rate and their own fees.
On Dether, users discover physical stores near them that accept ether. As Ethereum popularity is quickly increasing throughout the world, more and more businesses are accepting ether.
Today, buying a Subway sandwich in Buenos Aires with cryptocurrency, a deli sandwich in Melbourne or a camera in Japan, is now possible. Tomorrow, the Dether map will give everyone the opportunity to discover all of the places nearby where ether is accepted.
Features
For sellers: Sell cryptocurrency for cash locally, just like if you were a mobile ATM.
For buyers: Meet with cryptocurrency sellers around you. Pay with your local currency.
For shops: Expand your visibility. Easily accept and manage payments in cryptocurrency.
DETHER Roadmap
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2017 Q1 Proof-of-concept
- Participation in the Merkle Week Hackathon in Paris Development, smart contract, and wireframes design Proof-of-concept development that enables users to register as a seller on a map, chat with buyers and trade User tests Live demo and pitch in front of the jury First prize winner
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September 2017 Beta version
- Interface: progressive app available on any smartphone Smart contract: smart contract enabling tellers to register a location point on Dether map, availability button for tellers to show buyers when they are available for trades Wallet: light wallet with encrypted private key on the device Peer-to-peer messaging: encrypted third party messaging (ex: Telegram) Map: external provider Ethereum provider: Infura
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2018 Q2 V1
- Interface: production ready progressive app for tellers, beta physical stores auction process Smart contract: beta version of zone auction process to reserve a zone on the map Map: centralized moderation for physical stores to avoid illicit businesses, app stores: Android and iOS native apps
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2018 Q2 R&D
- Payment: alpha version of payment channel network for physical store payments Provider: IPFS/Swarm browser Ethereum node Map: decentralized map via IPFS/Swarm
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2019 Q1 V2
- Interface: Production ready for physical stores to be visible on the map via a freemium model. Physical stores can stake ÐTR tokens to be more visible on Dether map. Smart contract: zone auction process to reserve a zone on the map, additional feature for tellers: ETH to cash instant trades. Peer-to-peer messaging: encrypted chat integrated in the app (Whisper) Map: Decentralized moderation for businesses visibility on Dether Map Additional features: Wallet: external stable coin integration for ETH/Stable coin conversions Trade sponsorship between users Optional feature: external KYC for buyers and sellers (Civic, uPort).
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2020 Q1 V3
- Interface: Desktop app improvements for users Tellers and physical stores services automation (ex: trading Ether/fiat automation for tellers; physical
stores bills emission). Smart contract: Keywords auction process on Dether Map for physical stores Map: IPFS/Swarm Ethereum provider: Browser node via IPFS Reputation system: addition of a decentralized reputation system for physical stores based on comments and feedback given by users after trades
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2021 Q1 V4
- Interface: Decentralized front-end on IFPS/ Swarm Smart contract: Voting rights for Dether Community members submitting proposals and voting for Dether’s future
developments Map: IPFS / Swarm Usage of external service for decentralized court and trade arbitration