AlvareNet is creating an ecosystem of Dapps making it easier and more secure to navigate in the crypto sphere.
The primary product will be the creation of a P2P platform to secure payments of goods and services using crypto as payment, since it is something that is missing in the cryptocurrency space right now.
Another project that is currently being developed is a trading and sniping software that will be accessible for holders of AlvareNet. We are building this product to bring more equality to decentralized trading, while also giving our holders a great tool to trade at at their target value at decentralized exchanges.
AlvareNet has several other concepts that are being developed and evaluated at this time.
AlvareNet consists of a great team with a wide range of experiences, from Marketing to project management and product development to strategic corporate development and legal department. This provides AlvareNet with a strong foundation to translate the needs we see in the crypto space into solutions. The P2P platform is something that doesn’t exist in this form in the sphere of crypto yet and gives us therefore the advantage of being the first mover.
AlvareNet will provide/ provides a P2P platform for secure interactions between two parties using crypto as payment and by using a smart contract as a neutral 3rd party. The smart contract will ensure that the service provider, is not paid until the service is delivered. Should the service provider fail to fulfill the contract, the buyer will receive their funds back in full.
Adjustable AlvareNet Smart Contract
The token contract of AlvareNet is split up into two parts, one “main” token contract and another contract with additional functionality. This gives the unique opportunity to make adoptions to the token contract if it is needed for a product. To not being held back in development, the control of changing the contract lies in the hands of AlvareNet’s team for now.
The AlvareNet token has a reflection fee of 4%. This means that the amount of tokens held will increase over time, by distributing the reflection fee to the holders. Together with the ever increasing holdings we are aiming to have an ever growing platform, which should make it worthwhile to hold AlvareNet tokens in the long term.
One of the tools AlvareNet is providing is a trading software which helps you trading on decentralized exchanges. Various functions from simple swapping to sniping new tokens are integrated in a single interface.
Steady Network Expansion
The goal of our platform is to provide a network of tools and services that are highly integrated with each other. We always want to keep improving existing products and adding new products to our platform.
At this moment the crypto space is haunted by scams and other fraudulent activity, which is an ever growing problem. AlvareNet wants to do its part to reduce this by providing products like the P2P platform and other future products.
To ensure the security of the transactions from our wallets we use multi signature wallets
of which a signature must happen from a hardware wallet.
AlvareNet’s Smart Contract has been fully subjected to a professional audit by Solidproof.io.
With a resulting collaboration, the contract was improved and offers the highest security in
functionalities, reliability and accessibility.
The AlvareNet token offers unique features that cover the needs of investors and the project. Among other things, interest is paid out to investors and smooth trading is ensured. Below is a description of the benefits of the 11% trading fee.
4% of the ALVN tokens from each trade will be distributed between the token holders immediately in proportion to the tokens held.
4% of the total transaction is transferred into the PancakeSwap Liquidity Pool (LP). This ensures a more stable price of the ALVN and reduces the impact of big sells.
3% of the respective trading fees are used to fund AlvareNet. This includes in particular fixed operating costs, marketing expenses and further funding of the development of AlvareNet. This fee is automatically being converted into BUSD, to avoid a big accumulation of ALVN tokens by the team.
Coins are considered “burned” when they have been intentionally and permanently removed from total supply circulation.
At AlvareNet, this process is performed manually and is not subject to a trading fee. Burn events are performed at appropriate times, which are to be determined in each case.
Roadmap of AlvareNet’s main products. This roadmap is subject to change and more points will be added in the future. Other small products will be released in between, but are not the main focus of the project.
Trading bot beta
Professional website redesign
Redesign of AlvareNet’s DApp platform
P2P platform alpha
Full Trading bot release
P2P platform beta
P2P platform full release
Establish official AlvareNet business enterprise