You can trade both ways. We aim to be the easiest way of putting capital in to the crypto sphere and taking capital out. All vendors that use The Essence Project will accept Essence Token. They can choose to accept other cryptos if they like. Our platform is free to use for vendors and will save them 10s of thousands of dollars a year over traditional methods, so there will be lots of inventory for trade. Furthermore, you'll be able to start an online store/auction house/prop house/ etc and accept cryptocurrency without previously being a vendor at no upfront cost.

We already have several auction houses testing our software now that will be listed as early partners and will be accepting crypto soon. The software is still in its early phase and not ready to be fully rolled out without more capital to make the interface clean, and implement the more complex features that further decrease barriers to enter. We plan on a soft opening to the public in Q3 2019.

In the event we do not meet our soft cap(3500 eth- which is the minimum amount required to have the project look and function the way we have fully planned) we will still release Essence Platform & Essence Exchange. However, it will likely not be the polished excellent project we intend it to be without reaching our soft cap.