Cryptov8: purpose of the project and necessity
Cryptov8 is known as a banking platform that strives to connect the gaps in between a traditional bank and cryptocurrency banking services using smart contract via the aid of blockchain technology.
Decentralized platform Cryptov8 to unite all related to cryptocurrency services on a single platform. This is a unique opportunity to quickly and safely access the required services using the functionality of this platform. The platform will have a cryptocurrency wallet, where users will be able to track the status of their account, work with assets.
Users with a Fiat currency will be able to purchase the required number of tokens, and can also analyze their wealth accumulated through savings or investments in cryptocurrencies. The banking platform integrates cryptocurrency exchange, which allows users to trade, buy or sell their tokens based on their own decisions or situation in the existing market.
Regulation of the existing market:
The cryptocurrency market is extremely unregulated, which makes it very risky for users. Cryptov8 seeks to combine the best practices of the UK in regulating the issues of the traditional banking segment and the existing cryptographic market. The rules will protect customers from the uncertainties and risks that exist today in the crypto-currency market. As already mentioned, existing traditional banks can not provide high-quality, transparent and safe currency operations for their customers. Intermediaries in the form of banks receive too high a reward for their services, which is also quite an important problem.
How it work?
Cryptov8 recognized that the identification and control of customer journey as well as criteria for selecting technology and their evaluation process were made with these objectives. Cryptov8 acknowledges that for many peripheral services and especially those associated with the electronic money market and Blockchain they will need to collaborate with a range of organizations to provide the best service and best value for their customers.
** Principles of Cryptov8 work:**
- Convenience – Making wallet installation, access and usage straight forward.
- Trust – As an authorised and regulated bank, we will apply the highest levels of regulatory principles and best industry practice to protect our customers.
- Security – Providing bank grade security across wallet/asset storage, password retrieval and fraud protection.
- Cost – Making exchange costs and withdrawals cheaper and more certain.
- Reward – Uniquely, our cryptobanking customers will directly receive rewards for their loyalty. We will give a share of our cryptobanking fees back to our customers.
- Acceptance – Making cryptocurrency payment mainstream.
- Education – Providing easy access to educational material, an evolving knowledge base and providing unrivaled support to cryptocurrency customers.
Time ICO: July 28, 2018 September 28, 2018
White/KYC: White + ZSK
Country: United Kingdom
Platform: Ethereum Token Type: ERC20 presale Price :
1 CRV8 = 0.0002089 ETH
The price of ICO: 1 CRV8 = 0.0002646 ETH
Receiving: FEDERAL INSTITUTE OF TECHNOLOGY
Soft cover: 15,625 ETH
Hard cover: 156,250 ETH
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