Updated:

Token sale is live at https://tge.aeternalism.com

Phew! What a week! We made it! Let’s go for a drink!

That’s what our team members said when we finally finished the last test case on our React website. That was a very tight timeline for our developers, from Solidity to React developer and Figma designer, but we made it!

Thank you all of you!

So how to participate in AEternalism token sale, let’s find out

1. If you decide to spend money, we really appreciate that but always DYOR
2. Token sale will be online at https://tge.aeternalism.com/#/ on December 17th, 2020 at 00:00 GMT
3. Below is the step by step guide with pictures

Token sale progress and wallet connect

Buying AEternalism by sending ETH

Waiting for AEternalism token distribution

Join us

Official website: https://aeternalism.com

Follow us on Twitter: https://twitter.com/aeternalism

Chat with us on Telegram: https://t.me/aeternalism

Our token sale is near (17 December 2020) so we want to write a quick recap of the token sale mechanism.

Token sale’s goal: 100 ETH funded by selling 500,000 AEternalism tokens

Sale will have 2 parts:

• Private sale: 17 Dec to 31 Dec 2020/or goal reached

— Goal: 40 ETH funded by selling 200,000 AEternalism tokens

— Price: 1ETH = 5500 tokens

• Public sale: After public sale ended to 31 Jan 2021

— Goal: 60ETH funded by selling 300,000 AEternalism tokens

— Price: 1ETH = 4675 tokens

After sale ended, AEternalism will be listed at price 1ETH = 3850 token

How to participate and how our Issuance smart contract works

Every actions, send/receive token will be taken place on our website https://aeternalism.com. Before doing anything related to your cryptocurrency wallet, token, please double check URL, SSL…

Don’t be deceived by scammers!

Investors will have to do 2 steps to invest and receive their token

1. Invest: send ETH to Issuance smart contract
2. Withdraw AEternalism after token sale ended

There are 2 pictures below that describe the invest and withdraw process:

That’s all for token sale, stay tuned for more details.

Join us

Official website: https://aeternalism.com

Follow us on Twitter: https://twitter.com/aeternalism

Chat with us on Telegram: https://t.me/aeternalism

Launching an application is hard, keeping it alive is mentally challenging

That saying comes from my over 7 years of working in the IT industry as a backend developer, system engineer, and system architecture.

Many factors determine the success of a project, one of those is the founder’s vision and stick to the plan. I shared our vision in the previous post, you can skim it here to know more about what do we build.

“The plan” is not only the NFT market but also changing the current finance system with NFT and blockchain technology.

Testnet and Crowdfunding

Writing smart contracts, putting them all on-chain is a lot less hassle than a Decentralized system, persist and update data on a distributed data store, logging and monitoring both on-chain and off-chain services…

Building a decentralized, distributed system requires more review and testing before touching real money (We all want a safe system, right!) then Ropsten (Ethereum test net) will be chosen and the NFT market beta launch is expected to be released on the Ropsten network in January 2021!

With a lot of works have to be done, we need time, resource, and more resources. Every successful project needs a clean, concise, and effective marketing plan. With this mindset, we decided to launch crowdfunding by selling token privately and publicly

• The public sale will begin on December 17 end on December 31, 2020, or when sell out.
• The public sale will happen right after the private sale ends till January 31, 2021, or when sell out.

Let’s talk about AEternalism tokenomic first.

• It is ERC-20
• There are 1,000,000 tokens
• It is used for Voting, DAO, future token swap function
• NFT market transaction fee will be used for buyback token, these token will be put into Reserved address. With this mechanism, holders get rewards through token price increases, traders get rewards if they buy/sell at the right moment.

We try to bring the most balance between holder, trader, investor and AE team so token will be distributed as below

All team: 15%

150,000 tokens will be locked for 6 months

Marketing: 10%

100,000 tokens are used for multi channel marketing, pay for influencer shilling...

Token sale: 50%

Crowdfunding contract will be deployed, user deposit ETH to contract and get back AEternalism token. 500,000 tokens will be sold, any token left will be transferred to the Reserved account.

* Private sale:
- 200,000 token sold at price 1ETH = 5500 token
- Each address can deposit at minimum 2ETH and maximum 5ETH

* Public sale:
- 300,000 token sold at price 1ETH = 4675 token
- Each address can deposit at minimum 2ETH

Listing: 15%

After Token sale event, 150,000 token will be transferred to Exchange (Uniswap and others DEX, CEX will be considered) for trading, trading event

- Token is listed at price 1ETH = 3850 token

Reserved: 10%

100,000 token reserved for mayday cases and future features

Mainnet (Q1/2021)

Fully functional NFT market expected to be released in Q1/2021, at that moment you can easily map real-world asset to NFT token such as a coupon, gift card, football ticket, artwork … and trade them for cryptocurrency.

Mainnet V1 features

• Buyback mechanism V1

Every trading transaction will cost α % fee, fee will be transferred to Tax address so the total amount Tax address is

Tax amount = ∑(transaction amount x α %)

Buyback amount = Tax amount x β %

When buyback amount = γ will trigger the buyback mechanism. The tax amount will be used for buying AEternalism token at supported DEX, CEX (those exchanges will be announced after integrated with us) at the market price until no tax is left!

• Create, List and Trade ERC-1155 token by ETH, Stable coin or other NFT token

Voting, DAO (Q2,3 /2021)

I choose a lazy person to do a hard job. Because a lazy person will find an easy way to do it.

~Bill Gates

We don’t want to control all of the aspects of this system because we are so lazy to do that j/k.

α, β, γ will be set by AEternalism token holders after voting. By doing that, we give back control to the community.

You can vote for fee, buyback amount and further all system config variables.

Wallet (Q4/2021)

Why we need another wallet?

You and I as normal users just want a wallet, an application on mobile to store assets (money, cryptocurrency, NFT token).

The main purpose of the wallet is using NFT tokens in the real-world where seller can validate their sold tokens. Imagine you bought a movie ticket and the cinema staff needs to scan and check the barcode on the ticket before letting you in.

2021 will be a tough year with AEternalism team but with the evolve and recognization of blockchain we one a again believe we are the pioneer in the next decentralized era

Join us

Official website: https://aeternalism.com

Follow us on Twitter: https://twitter.com/aeternalism

Chat with us on Telegram: https://t.me/aeternalism

This Monday, as usual, five guys sat in a coffee shop, talking about a company, the tech world, finance, and crypto. Defi was the main topic and suddenly one guy said

We should make a coin!

The next days, they talked about a stable coin, DEX, game assets, and NFT. After that, they realized the huge potential and unlimited opportunities of NFT in the real world. And they have decided to build something that matters, something that can change their daily habit and that is the NFT market.

That was the story months ago.

The “make a coin!” above is me, the technical guy.

Today, I am very excited to write the first post about my child, my trophy. Today, aeternalism was born (in beta mode). And today, I’d like to share about tech stack and our vision of aeternalism.

But, what is AEternalism?

In short: aeternalism = aeternalis + maximalism

So you could say, aeternalism is eternity worship in the digital world because everything will be old and vanished but it is everlasting on the net, in byte form.

What if you can put your art, your Dota game assets, your car, or even your house online and no one but you can control it. Freely trade, around the globe, noncustodial, no middle man… In aeternalism, we believe this is the future of the global market, the next finance era!

How do we build aeternalism

First of all, I grew up in an era of centralization where one party will take control all over. This applies to the tech world too where one server (or several) will control all your applications, data and decide what you can or cannot do even they make money on your data. The only thing you can do with your data in their system is, well NOTHING!

It must change and it is changing, slow, and steady!

Welcome to the Decentralized finance era!

With this in mind, we’ve built aeternalism in the Decentralized way, website lives on IPFS (decentralized file storage), your data lives on OrbitDB (another decentralized but with database) and IPFS too, your transaction lives on the blockchain (a chain of the block that encrypted and immutable), your secret data is encrypted and only you can decrypt it.

Now your assets are yours and eternity.

Our vision with aeternalism

We are all at the beginning of the Decentralized finance era, it was like the start of WWW in the 20th century and you can see the explosion of the internet nowadays.

I believe we are the pioneers, the early investors, and the one that can change the current finance system forever.

Aeternalism will not just stop being an NFT market, it is the beginning, one step closer to the Decentralized era therefore more things will come to bring NFT to real-world use cases. Stay tuned with us!

Join us

Official website: https://aeternalism.com

Follow us on Twitter: https://twitter.com/aeternalism

Chat with us on Telegram: https://t.me/aeternalism