What is Crypt-ON | Crypt-ON Trading Platform

November 21, 2018

The term cryptocurrency or crypto currency is a controversial digital asset designed to work as a medium of exchange using cryptography to secure transactions, to control the creation of additional units and to verify asset transfers. Cryptocurrency is a type of digital currency, alternate currency and virtual currency. Cryptocurrency uses decentralized controls as opposed to centralized electronic money and central bank systems. The decentralized control of each cryptocurrency works through blockchain, which is a public transaction database that functions as a distributed ledger.

Dear reader, Just as my usual practice of bringing valuable and profitable information across your way, let me quickly give you information about this great innovation known as "Crypt-On". Please sit down and relax your nerves as you read. Also, I encourage you not only to read, but also to take an important step as part of this great innovation.

Crypt-ON is to provide safe and secure transactions in cryptocurrency on apeer to peer platform. It is facilitated by blockchain technology. This project aims to create Decentralized Autonomous Organization which the members can independently manage. The decisions on that platform are made by the voting and ranking the options available.

The functions of the Decentralized Autonomous Organization (DAO) can be identified as,

P2P-lending
P2P local exchange
Crypto freelance job
Escrow service

In developing DAO it has been followed four steps. They are,

Creating an ecosystem – This ecosystem will be a global workspace for all participants. It provides various services to its participants. Eg. Offering simple tools to investors to perform different tasks.
Building a community – The users of this platform are not considered as customers. But, they are the members who expect the prosperity and development.
Building a business – In order to participants make feel successful this platform creates a business that provides security and convenience. Further it is expected to build up a partnership with other platform while promoting DAO on various other platforms.
Migration to own blockchain – It provides high capacity and consensus algorithm and equal opportunities for all community members.

Crypt-ON is good enough to deliver the benefits like,

Secure trades in cryptocurrency
People in different countries can exchange cryptocurrrencies on this platform
Favorable terms for borrowings and lending of cryptocurrencies
Attract new employees

Trust token, smart contracts, independent arbitrage, trades insurance, stablecoin and fraud protection are the main technologies and instruments used in this project.

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.

Research on market
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

Crypt-ON is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in economics, International auditing, Start-ups mentoring, IT solutions development, investment-consulting, Blockchain technology, Programming, data analyzing, Internet marketing, Business Development, Community management, graphic designing, tech-analytics, commercial and social projects, public relationship, Technical support, branding and legal matters and so on.

if you are interested in joining the CYPT-ON project, it's a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.

Thank you once again for taking the time to read this article, and thank you a million times for your support of Crypt-On.