crypto-enthusiasts and freelancers to investors and managers of
blockchain projects. This is a place where people meet, make deals, get
loans for their projects, exchange digital assets for money, and look for
work or performers for their tasks, all by using cryptocurrency for
payments.
The Crypt-ON platform provides users with access to 4 services:
Service to assist in secure trades through an independent
arbitrator (escrow)
It provides the ability to conduct any type of secure trade using
cryptocurrency. The insurance of transactions will serve as additional
protection of interests of all parties.
Service to assist in finding and obtaining loans (P2P lending)
It provides the opportunity to borrow/lend in cryptocurrencies on mutually
beneficial terms without the participation of an intermediary. The use of a
rating system that determines the level of reliability of potential
borrowers will reduce the number of defaults to a minimum.
Service to assist in finding employment/specialists
(crypto-freelance job exchange)
It provides independent professionals in the field of the crypto industry
the possibility of finding remote work, and companies or projects—the
possibility of hiring such specialists. The parties can directly agree on the
execution of various types of work, using the cryptocurrency in their
calculations.
Service to assist platform members in P2P cryptocurrency
exchange without mediators.
It provides users with the opportunity to exchange cryptocurrency for fiat
money between themselves directly without the participation of an
intermediary, using geotargeting to find contractors in their region.
solely on the basis of the consent of all transaction parties. Crypt-ON
implements this model of interaction on the basis of smart-contracts in
which the terms of transactions are fixed. In parallel with the use of a
reputation token (trust token), which displays the trust rating and the
system of independent arbitration, this allows the reliability and security
of transactions.
Marketreview
Blockchain, FINTECH, digital banking, cryptocurrencies are concepts that
are becoming key in a rapidly changing economic paradigm. New digital
technologies, based on a revolutionary approach to data storage and
value sharing, are entering the market at an unprecedented speed.
According to a forecast by Gartner Inc. 20 bln devices will be connected to
the Internet by 2020, and the monthly mobile phones worldwide traffic
will reach 25 thousand petabytes. Today, the capabilities of modern
smartphones already allow making complex financial decisions, and the
new generation of applications makes services such as online shopping or
money transfers faster, cheaper and more accurate than traditional
services.
The possibilities of this market are enormous. BI Intelligence estimates
that globally the peer – to – peer transfer market is already valued at
more than $ 1 trillion, and only a small part of these transactions-just $5
billion in the US, for example-are now conducted via mobile phones. The
total volume of mobile P2P transactions in the US is expected to reach
$86 billion in 2018.
The digital assets market, like the technologies that generated it, is still
very young. Many consider their appearance to be a significant event for
the world economy, capable of changing the rules of the game and
creating a new economic paradigm.
Despite the growing awareness of people about cryptocurrencies, their
practical application does not grow very fast. As noted above, this is due
to some issues, such as the problem of trust and market limitations, as
well as the lack of solutions that combine various activities in the crypto
industry.
Technologically, we see a solution to these problems in the creation of a
P2P platform, which includes a set of interrelated services that use
cryptocurrency for payments.
The use of innovative tools, such as smart-contracts, can translate the
ideas that seemed utopian a few years ago into reality and effectively
solve the problems that traditional systems do not cope with.
We are confident that the blockchain is not only able to neutralize the
risks of working in online space, but for the first time in history, to make
an entirely honest, transparent, non-corrupt rating of borrowers, sellers,
and performers singular for all countries and resources.
For this, a trust token, a unique reputation token containing a history of
all the participant's transactions, will be used. It will upgrade the rating
each time the loan is returned, the work is performed, or the goods are
delivered on time and qualitatively, and downgrade it in case of delays or
defaults.
platform users and open access to new features.
The use of stablecoin in a transaction will protect the project participants
from volatility, the most vulnerable spot of traditional cryptocurrencies.
Trades insurance as an additional function will reduce the risk for both
sellers and buyers.
Ideologically, we see the future of the platform in the creation and
development of a decentralized autonomous community, whose members
are co-owners of the platform and determine the way of its development.
Imagine a world in which you can play by your own rules, instead of those
that someone else has set for you. Imagine a world in which you can
team up with millions of other people to achieve your boldest goals and
implement the most incredible ideas. Imagine a job without a tight
schedule and bureaucratic management, financial services without greedy
intermediaries, and shopping without intrusive sellers. It is a world that
belongs to all, with no hierarchy, where the powers are distributed among
all the participants, and the cooperation is equal and transparent. This is
a DAO world; a world of equal opportunities without bureaucracy and
borders.
We create a single workspace for all participants of the crypto industry,
from freelancers to investors, providing them with simple and effective
tools to implement a variety of tasks. This is the space in which you can
sell the laptop for BTC, borrow i-Point-the tokens, find remote work for
ETH, or change LTC for dollars with equal ease.
Users of the Crypt-ON platform will be able to not only operate
cryptocurrencies for their tasks' implementation, despite the existing
restrictions of state/financial institutions but also earn cryptocurrencies in
various ways. With the transition of the platform to decentralized
management – you can participate in its development and make
important decisions of any level of priority and complexity – from making
conclusions on disputed trades to strategic development issues.
The Crypt-ON mission is to unite people from all over the world who are
involved in the crypto industry, allowing them to interact quickly and
comfortably with partners in a variety of areas at all stages of
cooperation.
Crypt-ON advantages
When using the reputation token (Trust-token), displaying the trustEarn, invest and perform secure P2P operations in cryptocurrency on one
rating/reputation of each participant will solve the issue of trust and
improve the quality/safety of online transactions.
An independent intermediary system (for this WhitePaper, called
"Escrow") will ensure the security of transactions through the use of
automatically generated smart-contracts. No off-chain and trust "on
the word" – the code is the law.
The low platform fees and the combination of various services
within a single platform will contribute to the growth of the P2P
transactions number, and increase the turnover of cryptocurrencies
and the use of blockchain technology by representatives of various
businesses, entrepreneurs, freelancers and novice
crypto-enthusiasts.
Volatility risks are reduced by using the stablecoin in the system of
transactions made using the platform services.
platform – as it is convenient for you – on your terms, and Crypt-ON will
protect your interests and ensure comfortable work with digital assets.
TGE
Token Generation Event (TGE) – the i-Point digital product tokens (IPT)
release and sale in order to raise funds for the Crypt-ON platform
development and promotion. It will take place from 1.10.2018 to
21.01.2019 or until Hardcap, if it will be reached before 21.01.2019.
The i-Point token is actually a prepaid service for using the Crypt-ON
platform, and its internal payment instrument. IPT will be used in
payments for the Crypt-ON assistance services in Secure trades
concluding; in the finding of employment/specialists; in the search for
loans; in the cryptocurrency-to-fiat exchange between platform
users/participants.
During the TGE, 200,000,000 i-Point tokens will be released. They will be
used in the project according to this WhitePaper.
20,000,000 i-Point tokens (10% of the total) will be distributed among
the members of the Crypt-ON project team without the right to sell for six
months.
20,000,000 i-Point tokens (10% of the total) form the transaction
insurance fund.
6,000,000 i-Point tokens (3% of the total) will be distributed among
bounty campaign members.
154,000,000 tokens will be sold during the TGE .
4
Additional emission of I-Point tokens within TGE (including all rounds) is
not provided.
One i-Point token price equivalent is $0.1 (at the moment of purchase).
BTC/ETH/LTC are accepted for payment.
The minimum volume of purchases in cryptocurrency within the TGE is
500 i-Point tokens, that equivalent $50.
Distribution of the cryptocurrency received during the
TGE
operational expenses of the platform management: 5%
legal support: 5%
expenses of transition to decentralized management: 5%
remuneration of mentors of the project: 5%
marketing and promotion of the project: 20%
finalization of IT solutions and their launch: 50%
reserve Fund: 10%.
Website : https://crypt-on.io
Twitter : https://twitter.com/Crypt__ON
Facebook : https://www.facebook.com/CryptOnDAOsystem
Telegram : https://t.me/Crypt_ON_En
Ann : https://bitcointalk.org/index.php?topic=3530713.0
Author : $crypto$
Wallet : 0xC6F915eDAf2656742D8E692FB45E88734B3dbbbb
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