These terms and conditions apply between you, the User of this Website (including any sub-domains, unless expressly excluded by their own terms and conditions), and Block Forensics Ltd., the owner and operator of this Website. Please read these terms and conditions carefully, as they affect your legal rights. Your agreement to comply with and be bound by these terms and conditions is deemed to occur upon your first use of the Website. If you do not agree to be bound by these terms and conditions, you should stop using the Website immediately.
In these terms and conditions, User or Users means any third party that accesses the Website and is not either (i) employed by Block Forensics Ltd. and acting in the course of their employment or (ii) engaged as a consultant or otherwise providing services to Block Forensics Ltd. and accessing the Website in connection with the provision of such services.
You must be at least 18 years of age to use this Website. By using the Website and agreeing to these terms and conditions, you represent and warrant that you are at least 18 years of age.
1. All Content included on the Website, unless uploaded by Users, is the property of Block Forensics Ltd., our affiliates or other relevant third parties. In these terms and conditions, Content means any text, graphics, images, audio, video, software, data compilations, page layout, underlying code and software and any other form of information capable of being stored in a computer that appears on or forms part of this Website, including any such content uploaded by Users. By continuing to use the Website you acknowledge that such Content is protected by copyright, trademarks, database rights and other intellectual property rights. Nothing on this site shall be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark, logo or service mark displayed on the site without the owner's prior written permission.
2. You may, for your own personal, non-commercial use only, do the following:
3. You must not otherwise reproduce, modify, copy, distribute or use for commercial purposes any Content without the written permission of Block Forensics Ltd..
4. You acknowledge that you are responsible for any Content you may submit via the Website, including the legality, reliability, appropriateness, originality and copyright of any such Content. You may not upload to, distribute or otherwise publish through the Website any Content that (i) is confidential, proprietary, false, fraudulent, libellous, defamatory, obscene, threatening, invasive of privacy or publicity rights, infringing on intellectual property rights, abusive, illegal or otherwise objectionable; (ii) may constitute or encourage a criminal offence, violate the rights of any party or otherwise give rise to liability or violate any law; or (iii) may contain software viruses, political campaigning, chain letters, mass mailings, or any form of "spam." You may not use a false email address or other identifying information, impersonate any person or entity or otherwise mislead as to the origin of any content. You may not upload commercial content onto the Website.
5. You represent and warrant that you own or otherwise control all the rights to the Content you post; that the Content is accurate; that use of the Content you supply does not violate any provision of these terms and conditions and will not cause injury to any person; and that you will indemnify Block Forensics Ltd. for all claims resulting from Content you supply.
6. You may not use the Website for any of the following purposes:
8. Any online facilities, tools, services or information that Block Forensics Ltd. makes available through the Website (the Service) is provided "as is" and on an "as available" basis. We give no warranty that the Service will be free of defects and/or faults. To the maximum extent permitted by the law, we provide no warranties (express or implied) of fitness for a particular purpose, accuracy of information, compatibility and satisfactory quality. Block Forensics Ltd. is under no obligation to update information on the Website.
9. Whilst Block Forensics Ltd. uses reasonable endeavours to ensure that the Website is secure and free of errors, viruses and other malware, we give no warranty or guaranty in that regard and all Users take responsibility for their own security, that of their personal details and their computers.
10. Block Forensics Ltd. accepts no liability for any disruption or non-availability of the Website.
11. Block Forensics Ltd. reserves the right to alter, suspend or discontinue any part (or the whole of) the Website including, but not limited to, any products and/or services available. These terms and conditions shall continue to apply to any modified version of the Website unless it is expressly stated otherwise.
12. Nothing in these terms and conditions will: (a) limit or exclude our or your liability for death or personal injury resulting from our or your negligence, as applicable; (b) limit or exclude our or your liability for fraud or fraudulent misrepresentation; or (c) limit or exclude any of our or your liabilities in any way that is not permitted under applicable law.
13. We will not be liable to you in respect of any losses arising out of events beyond our reasonable control.
14. To the maximum extent permitted by law, Block Forensics Ltd. accepts no liability for any of the following:
15. You may not transfer any of your rights under these terms and conditions to any other person. We may transfer our rights under these terms and conditions where we reasonably believe your rights will not be affected.
16. These terms and conditions may be varied by us from time to time. Such revised terms will apply to the Website from the date of publication. Users should check the terms and conditions regularly to ensure familiarity with the then current version.
18. The Contracts (Rights of Third Parties) Act 1999 shall not apply to these terms and conditions and no third party will have any right to enforce or rely on any provision of these terms and conditions.
19. If any court or competent authority finds that any provision of these terms and conditions (or part of any provision) is invalid, illegal or unenforceable, that provision or part-provision will, to the extent required, be deemed to be deleted, and the validity and enforceability of the other provisions of these terms and conditions will not be affected.
20. Unless otherwise agreed, no delay, act or omission by a party in exercising any right or remedy will be deemed a waiver of that, or any other, right or remedy.
21. This Agreement shall be governed by and interpreted according to the law of England and Wales and all disputes arising under the Agreement (including non-contractual disputes or claims) shall be subject to the exclusive jurisdiction of the English and Welsh courts.
22. Block Forensics Ltd. is a company incorporated in England and Wales with registered number 11592963 whose registered address is 33 Wrotham Road , Borough Green, Sevenoaks,, Kent, TN15 8DD and it operates the Website www.ethersweep.com.
You can contact Block Forensics Ltd. by email on [email protected]
Since launch in 2014, the Ethereum network and community has grown significantly to support hundreds of thousands of independently listed Blockchain projects, including smart contract offerings and tokanised equity, assets or ICOs. For years now, project teams have built early traction by distributing free tokens to the community at large, through Airdrops. There have been several thousand Airdrops to date.
Most Ethereum airdrops involve ERC-20 tokens which are created on, and live only on the Ethereum network.
The low cost of the airdrop model often makes it the preferred method to directly engage with the community at large. To avoid distributing tokens to lost, compromised or unusable wallets, most Airdrops target balance holding wallets, some target recently active wallets while some request users register for participation in advance. So in short, lots of people have lots of tokens, worth millions, and most of them don't even know it yet. You couldn't make it up.
Ethersweep was actually built after one of the founders checked an old Ethereum wallet to find over $500 of tokens unknowlingly accumulated through airdrops. Since no easy conversion process exists, those tokens took several days to convert to ETH, incurring an unnecessary amount of fees. A solution was needed.
It might sound crazy to randomly distribute millions of dollars of crypto currency but the business case is pretty logical.
Some points to consider:
- ERC20 token projects generally start from well-funded positions, with zero users and minimal awareness.
- Building user bases through traditional channels is hard. It can take years and cost millions.
- Distributing 5%-10% of tokens carries minimal cost and will not significantly impact token price (which can fluctuate +/-100% daily due to market volatility).
- With negligible cost, the approach has repeatedly proven to be the most cost-effective route to rapidly building a user base.
- Oh and the crowds love them. It turns out nothing motivates a community to promote your tech faster than free money. Airdrop recipients often become brand advocates due to being personally invested in the success of a project or currency.
- Chain splits are even more indiscriminate in their distribution of wealth, forking relies on full chain duplication, literally duplicating user-base at point of split and effectively reissuing every active balance.
In simple terms you can keep them or sell them.
Tokens are easy to miss, easy to lose and easy to forget about… and they often don’t retain their value. In 2018 most ICO tokens underperformed against their underlying ETH value, meaning those who converted Airdrop tokens to ETH have historically been far better off than those who waited. On that basis we recommend converting Airdrop tokens to ETH using our simple tool. Then HODL to Lambo.
Whatever you decide, always ensure your tokens are stored securely in a wallet that only you have access to.
We operate DDOS protection and full redundancy across all critical infrastructure.
Common scenario. We simply transfer the ETH balance to the output address, together with the funds from any converted ERC20 tokens.
We also give you the option to retain any unsupported tokens (we currently support around 97% of the most common tokens) and these are transferred to your outpayment wallet on completion.
We recognise that some users may prefer to remove their ETH balance before sweeping their wallet for ERC20 tokens. The choice is yours.
ERC-20 tokens and associated projects periodically migrate from the Ethereum blockchain to “main-net” environments, often including the deployment of a third party blockchain and the replication of all existing ERC-20 token balances to the new blockchain.
At the point of migration, the original ERC-20 token balances become redundant, ceasing to be of value or function, and are not interchangeable with the new main-net tokens. Nor can they be exchanged through our services.
Due to the time it takes for larger exchanges to update the relevant quotation libraries, systems and APIs, in the event of supported ERC-20 tokens migrating to a third party main-net, it is known that for a short period of time, querying prices for decommissioned ERC-20 tokens may return quotes based on the new main-net token prices. These quotes cannot be supported.
In the event of users attempting to convert decommissioned ERC-20 tokens to ETH, the exchange stage of the transaction will fail, since the tokens cannot be exchanged for ETH and the tokens may not be economically recoverable (due to being worthless).
We support nearly all mainstream ERC-20 tokens, literaly 97% of the most common tokens. Drop in your wallet address and Ethersweep will present all supported and unsupported tokens together with the current market value for those tokens. Check if your tokens are supported.
Good question. In the rare event of your wallet containing unsupported tokens, the checkout process gives users the option to transfer some or all unsupported tokens to the specified output address.
We run our token swaps through the major mainstream exchanges. As soon as your token is listed on eg. Binance or HitBTC it will be automatically supported by Ethersweep.
Etherwseep does not have user accounts and we do not store any user funds.
When sweeping wallets, we convert ERC-20 tokens to Ether in seconds, then we send that Ether to user specified output wallets, again within seconds. It is not possible for users to store balance on our systems. On that basis, in the unlikely event of Ethersweep systems being compromised, no user information or funds are placed at risk.
Think about it. You give us the private key to sweep your ERC20 tokens… if Ethersweep outputs the resultant ETH to the same wallet then we still have the private key to that wallet. That is bad practice and we don’t want to be in a position where we need to dispose of thousands of high value private keys each day, it would make us a huge target. We prefer to operate in a manner that minimises trust required between parties. From our perspective, wallets are considered burned once swept and all funds are output to a user specified wallet that only you control. It is the safest way to operate our service.
Much like MyEtherWallet, Shapeshift or other blockchain tools or exchanges we rely entirely on our reputation. To help build trust within the community we take the following transparency and community support measures.
- We publish every Ethersweep Tx in the transactions box on this page.
- We operate a 2-way telegram channel here: https://t.me/ethersweep_support
- Twitter: https://twitter.com/Ethersweep
- We actively moderate and support the Ethersweep reddit page here: https://www.reddit.com/r/ethersweep/
Naturally. But coming soon.