SKRAPS- Invest your spare change in diversified portfolios of cryptocurrencies

 Introduction
Skraps is a micro-investing platform where users can invest by rounding off their transactions in cryptocurrencies. The spare change is invested in a portfolio of cryptocurrencies chosen by the users based on their risk appetite. These portfolios are managed by professional cryptocurrency managers to ensure the best returns on investments. We introduce the SKRAPS token, which is used to pay transaction fees on the Skraps platform and pay professional fees to portfolio managers. Our vision is to make cryptocurrency investing so simple that everyone can begin investing in just a few clicks. Skraps platform is our first step in that direction.

Skraps is a mobile application that allows users to invest small amounts of fiat currency to build up a cryptocurrency portfolio. The platform also allows users to manage their currency and allow them to plan for the future. Skraps allows users to start saving and investing early to build up a portfolio that the users can enjoy later on in life.

Investing can be hard, and understanding cryptocurrency and wallets can take a lot of time so Skraps aims to cut this confusion and help users through this process. If a user invests $20/w in 20 years at an interest rate of 15% a year the investment would now be worth $119,779. (This isn’t guaranteed). The platform is not designed for people to become full time investors, it is designed for regular people that might have a few extra bucks they want to invest. 

Features of Skraps App

 

• Connect Your Wallet
  Users first need to connect their cryptocurrency wallets or debit/credit cards which they use to make purchases to the Skraps platform.
• Make a Purchase
  Users can then go on spending like normal. They can decide how much they want to round up to the nearest decimal point after they have made the transaction. For example, if someone buys a coffee for $2.75, you can round up that purchase to $3, and the difference ($0.25) gets invested in a portfolio of your choice.
• Invest Your Change
  The spare change is automatically invested in their chosen portfolio. Users don’t need to do anything; they can simply watch their wealth grow.

 SKRAPS Token
The SKRAPS token is the native token for the Skraps platform. The ticker is SKRP.

The Skraps token will be used for the following purposes: 

1. The service fee of Skraps platform will be charged in SKRP. As detailed above, each account will be charged 5% in SKRP tokens per month, irrespective of the amount invested by them.
2. The SKRAPS token will be used to pay the portfolio managers who will be managing the cryptocurrencies portfolios in the platform. This would also help align the incentives of the portfolio managers with the success of the platform. If the portfolios perform well, more and more users will be attracted to the Skraps platform. Anyone is able to create their own portfolio, broadcast it to the community, and earn 20% in commission from anyone who decides to copy their portfolio.

 Token Distribution
The total number of SKRAPS token which will be ever created is 110 Million. Out of this 66 million will be available as part of the Token Sale and whitelist. 11 million tokens will be reserved for founders, and another 11 million tokens will be reserved for advisors and Skraps staff. 5.5 Million tokens will be reserved for spending in Marketing and Bounty programs. 16.5 Million tokens will not be issued at the time of the Token Sale and will be reserved for a future token issue. Specifically, the 16.5 million tokens is a reserve allocated to enter into partnerships/alliances, such as social media integration. All unsold tokens will be distributed to token holders proportionally.

You can see the details of token sale from this picture 

 Token Pre-Sale
During the Token Sale, people can buy tokens by paying in BTC, LTC, ETH, Dash, Ripple, and Bitcoin Cash. Due to the current volatility of cryptocurrencies, 

the prices will be fixed to USD as follows: 

 Phase 1:
• Round 1: $0.30
• Round 2: $0.35
• Round 3: $0.40. The price will increase by $0.005 every day during this round.

Phase 2:
• Round 1: $0.45

Roadmap 

 More Information, you can update and follow this links :
website : http://skraps.io/
whitepaper : http://ico.skraps.io/SKRAPS_White_Paper.pdf
ANN thread : https://bitcointalk.org/index.php?topic=2520387.msg25746537#msg25746537
Facebook : https://www.facebook.com/SKRAPSAPP/
Twitter : https://twitter.com/SKRAPS_IO
Telegram : https://t.me/SkrapsOfficial 

my profile: https://bitcointalk.org/index.php?action=profile;u=1761658