COINTOROX - Cryptocurrency Made Easy
Introduction
Cryptocurrencies are one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher.The development and implementation of cryptocurrencies in the daily lives of people is growing every year. Now there are more than 2000 different cryptocurrencies, and the capitalization of the cryptocurrency market exceeds 130 billion dollars. Despite the large number of advantages and opportunities, only a small part of people who have dealt with blockchain technology now use cryptocurrencies. The use of cryptocurrencies by only a small part of people complicates the process of buying and selling digital currencies.Now the cryptocurrency market has faced other problems. These problems include the lack of exchanges that support Fiat money, high fees, high risk due to a large number of fraudulent projects, a long verification process and long Bank transactions.Cointorox is a platform that will be able to simplify the process of buying, exchanging digital currencies, as well as help beginners to form a portfolio of the most profitable crypto assets. The platform will feature several different tools that will be useful for both experienced people and beginners in the field of cryptocurrency. These tools include a Digital piggy Bank, token exchange, cryptocurrency goods and services store, blockchain games using platform tokens, Airdrop central, and taps for free coins.Cointorox is a unique platform which offers cryptocurrency savings packages that are simple. The major mission and aim of the platform is to make the process of acquiring cryptocurrencies and storing them as savings easier. The users of Cointorox Packages have the opportunity to get well-regarded cryptocurrencies in a time-efficient and cost-effective manner. You can treat Cointorox Packages as a “digital piggybank” and your savings will be stored and handled in cryptocurrencies. It is possible to buy the packages with the help of PayPal and credit/debit card.The users of the platform are granted specified cryptocurrencies and Cointorox token (OROX) when buying the offered packages. There are three basic packages which are casual saver, smart saver and super saver. There are also three advanced packages: expert saver, pro saver and enterprise saver. You can check these packages on the website. Each of the packages has distributed % of lot of cryptocurrencies (coins that are hand-picked by the Cointorox team to be sure that the users are buying tokens which are well-regarded low-risk.
Features of Cointorox
- Ability to instantly withdraw all coin savings to external wallets.
- Ability to withdraw all savings in USD.
- Live-time coin balance check in USD (estimated conversion price).
- Users can lock their savings for a specified period.
- Gift-your-savings feature (digital voucher for friends & family).
- Portfolio reassemble feature (reallocate your distribution % ).
- Add new coins feature (add new coins on your portfolio as you desire).
- Ability to cancel recurring monthly savings & resume anytime.
The Problems Cointorox Will Eradicate
Complicated processes of purchasing cryptocurrencies
- Finding a local online exchange supporting fiat deposits.
- Long time taken for ID verification process.
- Delayed bank transfers.
Difficulty of selecting solid projects and building a reliable investment portfolio
- Needs comprehensive understanding of the industry & technology.
- New users are often required to put in enormous amounts of time and effort in understanding the markets.
- High risks involved with fraudulent projects and consultants.
The ‘Waiting Game’ of experienced investors or ‘HODLERs’
Increased frustration and concern resulting in poor decisions: gambling, spending more than they can afford to lose & withdrawing from the market at a significant loss to avoid the psychological pressure.
Fixed Portfolio Distribution on All Savings
BITCOIN (BTC)
ETHEREUM (ETH)
LITECOIN (LTC)
MONERO (XMR)
COINTOROX (OROX)
Cointorox Ecosystem
Digital Piggybank
Primary platform allowing users to save money and automatically convert them into cryptocurrencies, including OROX.Each coin inside the piggy Bank will have distributed a percentage of multiple digital assets. Such an approach should ensure the stability of each coin and protect them from depreciation.
Token Exchange
Token Exchange dedicated for ERC tokens where OROX holders enjoy unlimited withdrawals.This exchanger will give the opportunity to exchange only tokens that are based on Ethereum. These tokens can be exchanged among themselves or buy bitcoins for them. When using the platform token, users will be able to receive various discounts.Airdrop Central
One-stop platform for all airdrop campaigns where users can earn OROX and other trendy tokens.It will be an application that will give the opportunity to place tokens of various projects for promotion. The application will allow users to keep track of the newest and most current Airdrop.
Merchandise Store
A cryptocurrency products and services merchandise store featuring OROX as a payment option.This store allows users to buy any product or service for cryptocurrency. In the future, this store should become an analogue of Amazon in the cryptocurrency market.Blockchain Games
Blockchain & Browser based games featuring OROX as in-game currencies, points and rewards.In these games, the game currency will be the internal token of the OROX platform. Platform tokens will give you the opportunity to pay for various improvements in the games.
Token Faucets
Old-school faucets providing users free tokens and an opportunity to earn through the affiliates system.These are cranes that will provide an opportunity for users to receive tokens for free and earn with the help of an affiliate system. Projects can add their own tokens to hand out at the tap, thereby popularizing them.
Cointorox Security
- Cointorox has put into practice an industry-standard security feature to better protect and store your data, including your funds.
- It must be noted that any funds you convert, send, and receive via your account are mere data on the platform.
- No actual money or coins are stored on the server. All coins are safely stored in hot (30%) and cold (70%) wallets.
- All withdrawals are manually checked and approved by our withdrawals team on 24/7 standby.
- All data will be encrypted and stored in multiple different servers with 3 different live data back-up systems.
- When a user purchases a savings package & savings get converted into coins, the user also receives coin addresses to allow users to publicly track their funds.
Cointorox Token
The platform offers Cointorox token which is a burnable ERC20 token that is distributed on the Ethereum network. The token is, first of all, used as a utility token in order to activate & de-activate features on the Cointorox platform.Cointorox Token (OROX) is going to be acquired continuously as the packages are purchased by the users of the platform. It has also to be noted that OROX portfolio distribution for all of the packages are fixed at 10 % and it cannot be changed if the 'portfolio reassemble' feature is activated by the user. This distribution % are requirement and permanent for each of the users. It has to be mentioned that the users have to pay in OROX for all the features on the Cointorox Platform. They also destroy all OROX used as such every day.
Token Sale Details
Token Name: Cointorox
Token Symbol: OROX
Decimals: 18
Total Supply: 10,000,000 OROX — Burned Tokens
Price: 1 ETH = 400 OROX
The period of the ICO: from November 15, 2018 - January 13, 2019
Tokens designed for ICO - 7 000 000 OROX
Hard Cap - 17,500 ETH
TOKEN DISTRIBUTION
Roadmap
Team
FOR MORE INFORMATION VISIT:
Twitter: https://twitter.com/cointorox_token
Telegram https://t.me/cointorox
Facebook: https://www.facebook.com/pg/Cointorox-689547181429619/
Reddit: https://www.reddit.com/r/CryptoCurrency/
Medium: https://medium.com/@cointorox
Youtube: https://www.youtube.com/channel/UCmKz8Cg5_4eq1wM7AdImjww/
Linkedin: https://www.linkedin.com/company/cointorox/
Whitepaper: https://cointorox.com/#whitepaper
AUTHOR
nelsonjohn
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=2387325