Diigital token of the Crypt-ON company - is an important unit of the project. Its main task is to provide trust in the net between the platform participants.
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Suppose you are developing an idea that will benefit the world community. To do this, you took a loan, returned it on time, took another one and also returned it on time and your reputation upgrades. After each successful transaction, during which the terms of the contract were met, you get a trust token for each payment. If the transaction broke through your fault or you did not repay the loan on time, then there are minuses accumulated, so your reputation is downgrades. Thus, the reputation of the borrower is forming.
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Suppose you are developing an idea that will benefit the world community. To do this, you took a loan, returned it on time, took another one and also returned it on time and your reputation upgrades. After each successful transaction, during which the terms of the contract were met, you get a trust token for each payment. If the transaction broke through your fault or you did not repay the loan on time, then there are minuses accumulated, so your reputation is downgrades. Thus, the reputation of the borrower is forming.
Diigital token of the Crypt-ON company - is an important unit of the project. Its main task is to provide trust in the net between the platform participants.
⠀
Suppose you are developing an idea that will benefit the world community. To do this, you took a loan, returned it on time, took another one and also returned it on time and your reputation upgrades. After each successful transaction, during which the terms of the contract were met, you get a trust token for each payment. If the transaction broke through your fault or you did not repay the loan on time, then there are minuses accumulated, so your reputation is downgrades. Thus, the reputation of the borrower is forming.
⠀
Suppose you are developing an idea that will benefit the world community. To do this, you took a loan, returned it on time, took another one and also returned it on time and your reputation upgrades. After each successful transaction, during which the terms of the contract were met, you get a trust token for each payment. If the transaction broke through your fault or you did not repay the loan on time, then there are minuses accumulated, so your reputation is downgrades. Thus, the reputation of the borrower is forming.
This concerns not only the borrower, but also the employer or the contractor. You have taken or given a work/task and fulfilled or accepted an order/work, then you are also credited with trust tokens, which increase the level of trust.
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All trust tokens accumulate and after a while a customer/investor/ employer or lender, when making an order, already sees how much he can entrust you with the order/project/money in debt. All the passport data of the platform participants and their location data will be recorded into the trust-token too.
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All trust tokens accumulate and after a while a customer/investor/ employer or lender, when making an order, already sees how much he can entrust you with the order/project/money in debt. All the passport data of the platform participants and their location data will be recorded into the trust-token too.
The token used in this project is represented by IPT. The total supply of IPT token is recorded as 200,000,000. The minimum amount to be raised as softcap is $4 000 000 where the maximum amount to be raised as hardcap is $16 000 000. Payments for IPT are accepted only from BTC, ETH and LTC. The total supply of token is distributed as follows.
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%.
In order to bring the project in to current statues, Crypt-ON has done followings in its history.
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%.
In order to bring the project in to current statues, Crypt-ON has done followings in its history.
Research on market
concept development
team building
registered the legal entity
developed MPV
concept development
team building
registered the legal entity
developed MPV
Further it has planned to achieve followings in its near future.
Pre Token Generating Event
The token generating event is opened from October 2018 to January 2019
launching the services for secure execution of transactions
Searching for loans (specially P2P lending)
Launching the services to assist in finding employment or professionals
Provides services for p2p cryptocurrency exchange without intermediaries
Development of decentralized platform management
Launching Voting mechanism
Developing mobile app, DAO voting mechanisms and supporting system functionality
Evaluate the project into the DAO principles
Evolvement of DAO
Development of election system
Election of DAO
Promotion of the project
The token generating event is opened from October 2018 to January 2019
launching the services for secure execution of transactions
Searching for loans (specially P2P lending)
Launching the services to assist in finding employment or professionals
Provides services for p2p cryptocurrency exchange without intermediaries
Development of decentralized platform management
Launching Voting mechanism
Developing mobile app, DAO voting mechanisms and supporting system functionality
Evaluate the project into the DAO principles
Evolvement of DAO
Development of election system
Election of DAO
Promotion of the project
TEAM
More Details of Crypt-ON:
Official Website: https://crypt-on.io
Whitepaper: http://1hfdwieyua7mr71aub70vbjfbk7gjkylmuoq_x2fx5ly
ANN Thread: https://bitcointalk.org/index.php?topic=3530713
Telegram: https://t.me/CryptON_ICO
Twitter: https://twitter.com/Crypt__ON
GitHub: https://github.com/Crypto-ON
More Details of Crypt-ON:
Official Website: https://crypt-on.io
Whitepaper: http://1hfdwieyua7mr71aub70vbjfbk7gjkylmuoq_x2fx5ly
ANN Thread: https://bitcointalk.org/index.php?topic=3530713
Telegram: https://t.me/CryptON_ICO
Twitter: https://twitter.com/Crypt__ON
GitHub: https://github.com/Crypto-ON
Author by: Hellokitty6
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