Decentralized Finance Projects: ESR Wallet

A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.

Millions of people use cryptocurrency wallets, but there is considerable misunderstanding about how they work. Unlike traditional ‘pocket’ wallets, digital wallets don’t store currency. In fact, currencies don’t get stored in any single location or exist anywhere in any physical form. All that exists are records of transactions stored on the blockchain. Users can monitor their balance, send money and conduct other operations. When a person sends you bitcoin or any other type of digital currency, they are essentially signing off ownership of the coins to your wallet’s address. To be able to spend those coins and unlock the funds, the private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the senders will decrease accordingly. There is no actual exchange of real coins. The transaction is signified merely by a transaction record on the blockchain and a change in balance in your cryptocurrency wallet.

ESR WALLET is a working platform offering residents of most countries of the world to create an electronic wallet in dollars and euros and issue a prepaid virtual or plastic VISA / Mastercard to it.

Advantage of this wallet is :

1. Possibility to store on own wallet, besides USD and EUR, popular cryptocurrencies: BTC, BCH, ETH, ZEC, DASH, LTC.

2. Possibility of instant currency conversion through the Internet bank or a mobile application at the preferential rate.

3. Possibility to open deposits and issue a credit in any of cryptocurrencies.

4. Creation of a merchant service with the additional introduction system ESR WALLET, as an escrow-agent, acting as a trusted party in the transaction between the seller and the buyer.

5. Creation of partner network for implementation of Cashback system.

6. Possibility to transfer cryptocurrency to discretionary management to a concrete trader with a transparent history of transactions or to ESR system for portfolio investment.

User Wallet ESR

ESR Wallet project is already a working platform, offering people around the world to create electronic wallets in USD and EUR and remove virtual VISA / Mastercard cards. This service is actively in demand by residents for several reasons:
1. Unlike a repayment account, the service charge depends on the country and the bank averages $ 20 per month, the electronic wallet is served free of charge.
2. There is an option to open virtual cards, which are much cheaper than their plastic cards that use bank cards exclusively for online purchases.
3. Electronic wallet is opened for everyone, regardless of its credit history.
In addition, for our users we introduce a microloans service, which sets us apart from other electronic wallets.

Among these partners, in particular, are the largest microfinance institutions in the world interested in developing lending in crypto. The great hope of the Wallet ESR is that it can reach over 700,000 active users and access without any serious advertising costs since the launch of the project.

ICO
Through the ICO program, the ESR Wallet Fund raises funds for technical reengineering of Credit Payments and Services as well as marketing campaigns to promote with the objective of such funds to issue ESR tokens, which are smart contracts based on Ethereal.

Pre-sale 2,000,000 ESR tokens with 50% discount.
The date of sale is September 25, 2017 and will last for 7 days.
The token holder is entitled to a share of the profits of the ESR Wallet Payment Service. A total of 30% of the profits are distributed to all issued tokens. Token is released along with eToken contract and written in Solidity programming language.

The Wallet ESR Foundation is a company regulated by UAE subject to laws and audits Providing a guarantee of transparency and secure deposit of funds.

Smart E-Token Contract
eToken is an intelligent Ethereum contract written using the Solidity programming language. This is for you to issue a token on the Ethereum network and provides various features:
1. Implementation of ICAP4 for multilevel routing.
2. Account recovery in case of key loss.
3. System permit and tolerance.
4. Ethereal commission replacement automatically.
5. Built-in exchange for Ether currency.
6. Ability to establish commissions for transactions. eToken also supports EIP205, also known as API standard contract.

The ESR token is released under an e-Token contract with the total number of tokens limited to 10,000,000.
The initial ESR token price reaches 10.00 USD during ICO.
After ICO, all unsold tokens will be destroyed, there is no token creation for the next.

Team