Value Proposition: OffshiftOffshift dissolves the existing tradeoff between privacy and everything-else-crypto using zero-knowledge (zk) proofs to mint synthetic, asset-pegged tokens that are intrinsically private. On Offshift, users can stake a claim on any asset they like, without dealing with slippage, excessive collateral requirements, or liquidation risk, and all while maintaining personal privacy. Essentially, Offshift enables individuals to anonymize their crypto holdings, so they can invest in the technologies they believe in without the drawbacks related to exposure and public profiling. Privacy is a right - not a crime; as all individuals are innocent until proven guilty, they ought to be treated as such.zkAssets: Private, On-chain Synthetics for Anonymous OwnershipOffshift’s Private Derivatives Platform enables the minting of zkAssets, a proprietary line of private synthetics. Leveraging zero-knowledge proofs, Ethereum’s turing-complete smart contracts, and Chainlink’s decentralized oracle network in conjunction, Offshift enables users to mint a wide array of zkAssets using its native token, XFT. Users can Shift from XFT into zkAssets, and from zkAssets back into XFT with ease. Simply put, zkAssets fuse privacy-as-a-service with existing DeFi tools to provision a revolutionary line of derivative instruments that accessorize privacy.Asset Diversity: Crypto, Fiat, Commodities, and Anything with a Price Feed - All on One Platform, All PrivateOffshift does not make privacy a universal, augmentable feature per se, as the platform never interacts directly with any assets beyond XFT and the zk-varieties it generates; zkAssets are synthetic by default. Consequently, there is virtually no limit to the expanse of assets Offshift’s protocol is capable of tokenizing; Offshift is fully capable of supporting any asset as long as there exists a market and a price feed - that means not only all tradeable cryptocurrencies and fiat currencies, but gold, silver, other commodities, and virtually anything with a price feed. Offshift stands to offer one of the most versatile and diverse trading environments in the global financial industry, and all while providing complete privacy for each and every one of its users.Stress-Free Exchange: 1:1 Collateral, Zero Slippage, Zero Margin Calls, Zero Liquidations, & Zero Liquidity RiskUnlike other DeFi platforms that allow users to mint synthetic assets, Offshift’s Private Derivatives Platform does not impose excessive collateral requirements of any kind; over-collateralization is an outdated mechanism that is not capital-efficient. With Offshift’s proprietary Burn-and-Mint mechanism and corresponding elastic supply model, users are afforded a seamless and stress-free trading experience, completely void of slippage and related liquidity risks. Accordingly, when users mint zkAssets, they never have to worry about margin calls, liquidations, or periodic fees to maintain their positions.Cross-Chain Strategy: Prioritizing Interoperability & Reducing Costs to UsersThe vision that is being laid out by the Web3 Foundation, Parity Technologies, and PureStake in the formation of the Substrate Blockchain Framework, Polkadot ecosystem, and Moonbeam Network resonates with our own at Offshift: the future smart economy will most likely consist of a network of diverse blockchains dedicated to specific functions and communities. As such, the technologies that enable interoperability and promote inclusivity across chains will play integral roles in facilitating seamless economic activity. As a powerful, decentralized application dedicated to privacy-centric exchange, Offshift will best serve users and extend access to its community by catering to multiple blockchain ecosystems - an imperative that will only become increasingly important as blockchain-based technologies mature. Thus, while the Offshift team builds out our Shifting application and releases batches of zkAssets on Ethereum, we will also be advancing development on Moonbeam, Polkadot’s leading EVM-compatible Parachain, in parallel. * Furthermore, as per the enhanced scalability provided by Polkadot’s parachain architecture, we anticipate that users will benefit fromreduced fees on our platform.Rug-Pull-Proof DeFi: Hardcoding Integrity into OffshiftAs a rising project in a nascent, decentralized industry, Offshift acknowledges and respects the challenges prospective users and community members face in vetting projects for dishonest practice, exploitative tokenomic models, and outright deceit. We further acknowledge that, although the choice of our team members to remain anonymous aligns with the broader ethos of our project, we owe it to our community and everyone exploring our technical solution to take all necessary measures to ensure the ethical, high-integrity operation of our Private Derivatives Protocol. In our commitment to integrity, we have employed a Strategic Vesting Model, Lockboxes for On-chain Reserves, and Liquidity Locks.
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.