PayFair Weekly Update — 30th May 2018

Welcome to the PayFair weekly update for the decentralised cryptocurrency exchange/escrow service PayFair.io. Topics within the weekly update will include, but are not limited to: Marketing, Exchange news, last weeks completed developments, this weeks planned developments and anything else deemed newsworthy!

Referral Programme Launch

The referral programme is confirmed for go live on the 1st June 2018, Friday.

Each individual that you refer to the platform will net you 10% of the fee of every non-escrow transaction completed by the referred. There is no limit on how many individuals that you refer. These fees will be taken from the percentage designated “Marketing and supporting the ecosystem”. Therefore Trust and Escrow node holders will not be impacted and their payouts will remain unchanged.

Airdrop Launch

The airdrop promotion will be going live alongside the referral programme on the 1st June 2018, Friday.

All users that complete a single trade of any trade pair over 50 USD within the platform will receive 50 PFR (for both Maker and Taker). These bonuses are available once per account, will be paid out immediately and will run until the Airdrop fund has been depleted.

Event Start Date: 1st June 2018

Event End Date: When fund has been depleted

PFR AirDrop Fund: 100,000 PFR

Cryptocurrency Pairing Update

A huge thank you to everyone that took part in the recent pairing community vote. The vote has been a huge success are are delighted to announce our winners are:

1. Hydro (HYDRO)
2. Oyster (PRL)
3. HOLO (HOT)
4. 0xBitcoin (0xBTC)
5. Matrix AI Network (MAN)
6. Dent (DENT)
7. GET Protocol (GET)
8. Zebi (ZCO)
9. Nimiq (NET)
10. Banyan Network (BBN)

We are also pleased to announce that due to recent optimisations within the platform the listing process is now far faster. As a result, we will be integrating 1 pairing every day, starting today, for the next 10 days! Medium articles will be released daily to announce each new pairing including a brief introduction to the token and its intended use-case.

The first pairing is Hydro and will go live on the platform today.

Further detail about Hydro can be found here: HYDRO.

Blockchain Pairings

Bitcoin (BTC) to all FIAT pairings will be seen live within the next 3–4 weeks. We have opted to delay this slightly as we are looking to streamline the integration process (much like the recent optimisations with ERC20) to enable faster pairings with future blockchains. Additionally, we want to ensure a smooth launch and maximise Bitcoins marketing potential. Separate marketing via Medium will announce its launch.

Bitcoin will be a massive step for the platform and marks the start of additional blockchain integrations. These integrations include, but are not limited to:

Nano, IOTA, Neo, Monero, Litecoin, Stellar and Ripple

Further details regarding launch dates will come once development of these blockchains into the platform commences. Stay tuned!

Goods and Services Integration

Work has begun on the goods and services to cryptocurrency offering. Details are limited at this time as we are developing and testing different user interfaces. The goal will be to provide a clean and clear UI that is easy to use for first time buyers. The launch date will be provided closer to completion.

All PayFair.io listed cryptocurrencies will be included in the Goods and Services integration!

PayFair.io UI Redesign

As mentioned from the beginning of PayFair’s creation, the UI will be under constant development. Today marks the first of several upgrades to the user interface of which we believe will provide a better user experience and allow for further growth when it comes to planned features and integrations.

This update is designed to provide more new-user confidence by providing snapshot information about each trader. Star ratings, number of reviews and a precises offline timer are some of the things being integrated. Additionally the mobile UI is being redeveloped to allow a cleaner and easier interface.

Let us know what you think of the upgrades and what you, as a community, would like to see next!

Exchange Update

CryptalDash Listing

We are pleased to announce PFR is planned for integration into CryptalDash and would like to say a huge thank you to anyone who voted or purchased tokens to help bolster our ranking.

PayFair has been named as a winner in their most recent community integration vote, racking up a staggering 494,350 points, ranking 2nd.

CryptalDash is a robust cryptocurrency exchange and trading platform. Equipped with an institutional grade matching engine as well as third-party cryptocurrency exchanges order routing capabilities. All under one Dashboard which enables a seamless trading Experience.

“You have fought hard and fair during the fourth phase of the CryptalDash Exchange Coin Listing Competition and emerged a victor. Congratulations!” 
— Chyrrelle Pagaduan, CryptalDash Head of Relations

CryptalDash is looking to integrating PayFair into the platform when they go LIVE on June 19, 2018.

Enclaves Listing

We are pleased to announce PFR is now being traded on Enclaves!

Below are some key advantages Enclaves presents over other DEXs:

1. Full access to etherDelta / forkDelta order book — other exchanges being added soon.

2. Better UI / UX — clean design presenting trading information clearly and dynamically.

3. Trade in and out out of your MetaMask account directly (no need to deposit first, or wrap ETH).

4. Native Enclaves order book with zero fees on all maker trades, and zero fees on taker trades less than 0.1 ETH (with a fee of 0.2% on trades above this).

5. Modern smart contract which is gas efficient, and error tolerant (won’t swallow all of your gas if you miss out on a trade!).

6. Responsive, EU based team with huge experience in building trading applications and dApps.

7. Native Enclaves back-end with scalable architecture and micro-services.

Medium username change

As all publications have now moved over to medium, we have changed the username from https://medium.com/@rredmond8118 to https://medium.com/@Payfair.

This was a minor oversight and is being corrected for marketing consistency. All previous links to PayFair articles may be unavailable and the new links can be found below:

PayFair.io Community Listing Vote

What is PayFair.io?

PayFair Escrow Nodes: Best Practice

PayFair Weekly Update — 23rd May 2018

PayFair Escrow Platform accepting new token listings for free!

Weekly Development Plan

1. Launch the referral program and airdrop;

2. Add a separate page for feedback where users will be able to contact the platform administration with questions, broken down into categories. The form will be in English.

3. Add the automatic detection of FIAT type for the user according to their location, determined via ip;

4. Continue to improve the UX / UI platform;

5. Continue adding new ERC20 winners in our recent vote;

6. Continue to fix minor bugs

7. It is likely that after the launch of the most recent update there will be a few minor bugs. We will address them as a priority should they become apparent.

Last Weeks Development Progress

1. Optimised the server, many operations on the platform will be processed far faster;

2. Rewrote the withdrawal and deposits script that has helped alleviate many of the remaining issues;

3. We rewrote the script and solved the problems with the statuses and hashes, now everything is displayed correctly;

4. Corrected several bugs in the interface (UI) and made changes aimed at improving the users experience within the platform (UX);

5. A minor redesigned interface of the main page of the platform and wallet;

6. Added a ERC20 Hydro token to the platform;

7. Preparation for the launch of the referral program and airdrop.

8. Fixing minor bugs

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