Whitepaper: TokenWatcher-Cloud

1. Executive Summary

TokenWatcher-Cloud is a software platform designed for the real-time monitoring of significant ERC-20 token transfers on Ethereum Virtual Machine (EVM) compatible networks, such as Ethereum, Polygon, and Arbitrum. This project stems from direct experience with the difficulty of manually tracking relevant on-chain movements, aiming to create an accessible and efficient tool that allows developers, analysts, and Web3 enthusiasts to gain this visibility without incurring the complexity and costs associated with deploying and maintaining their own infrastructure.

The platform operates as a service that polls the blockchain at regular intervals, detects transfer events exceeding user-defined thresholds, and sends instant notifications. Management is centralized in a unified dashboard where users can create and manage their "watchers." One of its key features is the "Smart Threshold," which suggests and validates alert thresholds based on real-time market data to ensure notifications are always significant.