Crypt-ON is a P2P Platform Built on Blockchain Technology
The decentralized Crypt-ON platform is a truly global project created to solve many problems with lending, cryptocurrency trading, and other relevant aspects. Users of Crypt-ON will be able to conduct high-quality maximum protected transactions, exchange cryptocurrency for fiat funds, and also hire experienced professionals to perform any necessary work. The developers of Crypt-ON made the platform as versatile and high-quality as possible in order to protect their customers from existing problems and fraud.
The developers adhered to several basic tenets allowing them to build a real decentralized platform:
Ecosystem format workspace. Crypto-industry is constantly expanding, which forces developers to plan multiple functions and services within their project, this approach allows them to attract new users as efficiently as possible. Freelancers, as well as investors and other users, will be able to perform any necessary tasks using clear and most efficient tools for this.
Build a trusted user community. Crypt-ON is not a standard marketplace that treats each user as a simple client. The developers of Crypt-ON are going to attract people to the project who are ready to become full-fledged members of the community to work in order to gradually develop and improve the platform.
Building an effective business. Crypt-ON developers provide users with opportunities for mutually beneficial cooperation; here everyone can find a business partner for a potential deal. Maximum security allows you to avoid problems with fraudulent schemes. Modern tools allow you to quickly make a decision and enter into lucrative deals.
The technology is based on the blockchain. This approach allows for maximum efficiency and speed of the platform. Smart contracts will guarantee fulfillment of conditions in cooperation.
The crypto community has received an incredibly efficient platform for interaction
Crypt-ON is a decentralized project that opens up new opportunities for people:
If you are a trader, but are tired of the constant problems with outdated exchanges, use the services of Crypt-ON. Here you can find the best deal for the exchange and make a deal in a matter of seconds using a smart contract to guarantee.
The developers of Crypt-ON are going to use physical ATMs worldwide. This is an ideal opportunity to swiftly exchange cryptocurrency for fiat funds and cash them.
Trust tokens for lending. If you have an extra amount of cryptocurrency, you can become not only an investor, but also a lender. The Crypt-ON system allows you to credit users on incredibly favorable terms. Here, everyone can get a benefit: borrowers implement their own ideas, and lenders receive certain dividends discussed at the beginning of the transaction.
Today, there are a huge number of promising projects that cannot be implemented due to the lack of experienced professionals in the team. Freelancers will be able to find their niche in the decentralized Crypt-ON platform. There will be many offers, each of which is checked to avoid fraud. If you are the creator of the project, you can quickly find a specialist to perform the task. There is a rating system that allows you to do without unnecessary and complex summaries; you can see all the work done by the author and apply to him with a proposal for cooperation.
What tools does the Crypt-ON platform offer?
Trust tokens. In this case, this is a kind of credit rating, which allows you to see all user operations until the decision is made.
Smart contracts. This is an algorithm that allows you to safely and effectively carry out any required transactions.
Arbitrage for users. This is an independent commission that quickly understands any problematic situations studying all the arguments and facts.
Reserves for insurance. This is an opportunity to protect you from any risks during the execution of the transaction.
The use of a mathematical algorithm for security. The developers of the Crypt-ON project foresaw multiple fraud schemes and created an effective protection.
Crypt-ON project excellence:
Humans have tried to regulate financial relations through contracts and contracts. Sometimes it's a successful event, and sometimes it's not. Because sooner or later we are all confronted with fraudsters and their inventive minds, able to get through the rules that are regulated. In this case, regulated and centralized institutions, such as banks or public financial institutions, always enjoy great confidence. But today we are ready to change traditions. Digital currency has shown us in recent years that money can be decentralized. To ensure financial solvency, you still have to use top-level banks (for example, to provide insurance against gold risk and foreign currency deposits), but at the consumer level, this need has been lost.
Blockchain and smart contracts give us a set of tools that are necessary, when it is very difficult for fraudsters to approach user fraud, and even if this happens, they can be tracked, stopped, and the possibility of risk being closed.
Crypt-ON will use this technology. By basing the financial platform on familiar and safe tools, Crypt-ON will lay the foundation for a new concept of the consumer financial market. Any transactions made on the platform will not only be recorded, but also equipped with special trust tokens, which are released by Crypt-ON. In addition, the level of trust in participants in the transaction will be formed. And this level will be converted into a visual rank, which will then be the basis of your secure transactions in all directions.
Crypt-ON Platform feature
Make transactions that are truly safe in the cryptocurrency with the help of an independent judge (Escrow service). In this case, transaction insurance will be used.
Services for micro credit selection. Each participant in the system can participate in providing P2P credit, and in any role. This is where an independent and transparent scoring system is very useful, which will make it possible to minimize the risk of falling on an unreliable borrower.
Services to find work and employees. This will be a kind of freelance exchange that will work through smart contracts. This completely eliminates the possibility of not paying a reward or failure to complete the task.
Services for exchanging local crypto currencies. Find the best exchange offers based on your location. You no longer need to use remote services that insure the risks, including the interest rate that is jacked up. It is possible that exchanges in your area will be far more profitable.
All smart contract implementations will affect the reputation of participants in the system. If a participant has a problem, he can always turn into an independent arbitration, in accordance with the results of the decision to be made - to whom to increase the rating and to reduce it.
Vision
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.
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%.
For mor Information :
Website: https://crypt-on.io
WhitePaper: https://drive.google.com/file/d/1PJAkGDL5nq4TG3CNrqcUxAGnneN0sPCn/view
Ann: https://bitcointalk.org/index.php?topic=3530713
Telegram: https://t.me/Crypt_ON_Rus
Twitter: https://twitter.com/Crypt__ON
Facebook: https://www.facebook.com/CryptOnDAOsystem
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