Argentas. Review of ICO.
Imagine your usual mobile banking application in the phone, but it combines not only the usual bank account, but also the account in the crypto currency, decentralized local and external exchanges, instant international transfers with a commission of less than one cent, access to credit, investments, financial instruments on global level without borders and obstacles in the form of institutional formalities and outside the zone of influence of local monopolies. And all this in a simple and convenient interface - quickly, safely and cheaply.
This is the project of the Argentas financial ecosystem. Its main goal is to make global financial services faster, cheaper, easier, more affordable, safer, connecting new features with a stylish and user-friendly interface.
Naturally, to implement such a vast project will require a lot of effort and money. The team is working on the development, which includes first-class experts from the financial sector, experienced developers, designers and visionaries, following the principles of philosophy and ideology of Satoshi Nakamoto, i.e. the principles of the return of power from centralized organizations to ordinary people, while preserving their privacy, rights and property.
- Creation of banks of a new generation, friendly to crypto-currencies, allowing easy to enter and display both fiat and digital money.
- Creating added value by eliminating artificial barriers, which will undoubtedly become the basis of new cryptoeconomics.
- The problem of global access to financial resources. There is the task of eliminating injustice, for example, in the form of interest rates imposed by central banks: currently, in some developing countries, loan rates exceed 50% per annum, which simply freezes their development and makes them completely uncompetitive in the global market.
- The problem of expensive and slow money transfers. Despite the fact that there are already a lot of projects trying to solve this problem. And in the field of international payments, the "dinosaur" SWIFT, with an ancient system of correspondent banks and an incredibly high commission, is still dominant.
Infrastructure of the network in the form of purses, decentralized exchanges, banks of a new format, friendly to crypto-currencies.
Decentralized applications Dapps. These are POS terminals, applications for lending, investing, searching for venture capital and for identifying and evaluating the client's reputation.
Own second-generation blockbuster HYDRANET with a bandwidth of up to a million transactions per second, the problem of scaling will be solved by implementing the Lightnig Network (smart data transfer over the main block system) and Smart Sharding.
Token Argentas Exchange Unit (ticker AXU), originally released on the blocker Stelllar. It is planned to transfer the token to its own network, when HYDRANET will begin to function fully.
The price of the AXU token on the presale will be 2.5 AXU per 1 XLM, which is about 10 cents. The presale with a 50% bonus started on June 8 and lasted until the Hard cap reached 100,000,000 AXU. At the time of writing the review, about 30% of the funds are collected. Crowdsale is scheduled for the third quarter of 2018, it is planned to place 600,000,000 AXU for sale.
30% of the total number of tokens, i.e. 300,000,000 AXU team reserves for themselves and for the subsequent needs of Argentas.
Whitepaper: https: //github.com/argentasio/Documentation/blob/master/whitepaper.md
Youtube: https: //www.youtube.com/channel/UCTXWWAuLmMqMhKAMWUWoNhw