Review Barter - confidential ecosystem of barter trading on blockchain

BARTER SMARTPLACE

Confidential ecosystem of barter trading on blockchain with digital legal smart-contract


About Barter

a confidential digital asset exchange platform based on a legal smart contract. In addition, but as the main element of the platform ecosystem, a service of tokenization of a real valuable asset is provided, which can then be placed on the smartplace. Digital assets lowered the barrier of trust, increase the privacy of the parties to the transaction and the speed of its execution. Legal smart contract with electronic signature allows achieving high reliability and convenience of the service.
Smart contracts in the financial sector have shown their advantage in comparison with traditional methods of value transfer, but so far have not been widely used in the legal industry.
Barter is looking ahead and expanding the use of smart contracts in the legal field, using digital assets as contract objects.
By combining digital assets of different standards in one ecosystem, it is possible to exchange them with each other instantly and almost free of charge, having received this legal contract for the transaction with a record in the data register with a copy of the digital form of the contract.

Smartplace

is a trading order platform in the Barter ecosystem. An order that includes one or more items of uniform quality, items, and sets is called a lot. The lot can also include heterogeneous assets, for example, it is possible to place a car and real estate in one lot. Each order and lot is assigned a sequence number (ID) and a price is set. The value of the lot displays the total value of the assets included in it.
The Barter project appeared as an idea in mid-2018, when the crypto-currency market became much cheaper, but at the same time, the demand in the OTC market increased. According to one of the major companies that provides OTC trading opportunities, the monthly volume of transactions exceeds more than $2 billion only for the top 3 cryptocurrencies, such as Bitcoin, Ethereum, Ripple. 
Initially, the Barter was conceived as an OTC-platform in the form of legal escrow-guarantor for transaction support. However, this is too narrow a direction and this niche already has large trusted platforms, so Barter has expanded its ecosystem to include tokenized real valuable assets that can be exchanged for any supported liquid token or cryptocurrency. Barter intends to create a blockchain platform for barter transactions, the objects of which can be any tokenized assets and liquid currencies 
this is the main goal of the project.
Nick Szabo's article "Shelling Out: The Origins of Money", one of the first developers of Bitcoin, pays special attention to barter transactions, as it is the oldest form of exchange of goods between interested parties, but also highlights the problems:
« Barter requires a coincidence of interests. Alice grows some pecans and wants some apples; Bob grows apples and want some pecans. They just happen to have their orchards near each other, and Alice just happens to trust Bob enough to wait between pecan harvest time and apple harvest time. Assuming all these conditions are met, barter works pretty well. […] If Alice and Bob didn't trust each other, and couldn't find a third party to be a middleman or enforce a contract, they'd also be out of luck »
« Barter requires, in other words, coincidences of supply or skills, preferences, time, and low transaction costs. Its cost increases far faster than the growth in the number of goods traded. Barter certainly works much better than no trade at all, and has been widely practiced. But it is quite limited compared to trade with money »
In the era of high technology, these problems can be solved, and barter is designed for this. Barter is designed in such a way that transactions for large volumes occur quickly, with low operating costs and have legal force – a signed contract. Smart contract is the guarantor of the contract execution subject to all previously established conditions.
PLASMA PROTOCOL
by Ethereum - foundation of Barter platform design. Provides lightning transaction speed.
0X EXTENSIONS
will provide support for a new type of trading - barter trades. Facilitates interaction between tokens standard ERC-721 and ERC-20.
ENIGMA PROTOCOL
ensures confidentiality of personal data of parties to transaction and other important computation.

Tokenomics

All participants of primary financing before IEO will be included in white list of participation at IEO, it guarantees 100% place in market with high demand.
Participants pre-sale have right to sell tokens on IEO immediately in fact listing. Participants ICO have right to sell 50% tokens on IEO immediately in fact listing.
Token Details
Token type: ERC-20
Tiker: BRTR
Blockchain consensus: D-PoS
Token price:
pre-sale: $0,01
ICO: $0,06
IEO: $0,3
Token Distribution
Team: 10%
IEO: 10%
Reserve: 35%
Staking: 32,5%
Pre-sale: 2%
Partnership: 5%
ICO: 5%
Bounty: 0,5%

STRATEGY

Q4/2018
Project idea, market Analytics, conception descriptiont of the OTC-platform and product interface.
Q1/2019
A minimum team has been formed to prepare for the seed stage of investment, presentation, writing primary documentation about the product, development of marketing strategy.
Q2/2019
Attracting investments, expanding team, developing a minimum viable product (MVP), updating and supplementing product documentation in several languages (White Paper, Token Economy, One Page, Presentation), minimal marketing on target sites.
Q3/2019
Launch of MVP, marketing, receiving feedback from potential users on the product, launch of crowdsale smart-contract, code audit, investor's account on the project website, preparation for the initial exchange offer (IEO).
Q4/2019
Develop a core product, increased marketing, Initial Exchange Offering of token Barter platform at top-cryptocurrency exchanges to attract additional investments ($3 million).
Q1/2020
Launch of the beta version of Barter: Smartplace and blockchain test-net token platform (payment system), new partners to expand the ecosystem, integration with banking institutions (API) and registers of owners of real and movable assets.
Q2/2020
over-the-counter and barter transactions on Barter: Smartplace by strategic partners and banks, launch of the interbank Lightning payment system (beta), preparation for the launch of main-net platform, expansion of product line, integration of the platform into interbank operations at international level.
Thanks from me: Ket tumbar
ETH Address: 0x5A165374202E9648061144684846Afb8469645bf

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