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.
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.
2017 Q1 Proof-of-concept
September 2017 Beta version
2018 Q2 V1
2018 Q2 R&D
2019 Q1 V2
2020 Q1 V3
2021 Q1 V4
$31 440 000
Attention. There is a risk that unverified members are not actually members of the team
$23 779 271
$364 992 953
$22 040 000
DETHER is a platform that create easy accessibility of crypto currency by anyone internationally where the users can sell and buy crypto for cash and spend it at their physical stores.
SummaryTo conclude, Dether helps users obtain Ether without the hassle of long exchanges and centralized processes. While it is banned in some major countries, Dether shows promise and can be a powerful ICO if its able to expand more.Positives Decentralized Trading: Dether makes it easier for users to trade without the need of centralized banking or exchanges. You can use the app and obtain Ether from another trusted user. Reputation System: With Dether’s reputation system, users can trade with trusted Ether sellers. Since its smart contract based, both users have the incentive to cooperate with each other. Ether Integration: Dether allows sellers to move their Ether wallets onto the platform within minutes quickly. Negatives Major Countries: As of now, Dether is banned in large countries such as the US and China. Safety Concern: How will the in-person interactions be judged? Will there be any repercussions if it ends negatively?
Dether is a mobile app that aims to harness the power of Ethereum and its active community. Using the Dether app, you can find local merchants that accept Ethereum, or find a local teller that lets you exchange fiat currency for Ethereum. You can also become your own teller, and indicate on the app how much Ethereum you’re willing to trade for fiat currency.
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