Crypt-ON is not just another regular exchange platform, it’s a complex peer-to-peer (P2P) crypto platform designed to evolve into a full-fledged crypto DAO-system. We help the participants of the platform in implementing their projects through the turnover of the crypto currency for various types of transactions. The mission of the Crypt-ON project is to create a platform for reliable and mutually beneficial cooperation of cryptographers from around the world. Earn, borrow, exchange and spend the Crypto-currency on conditions convenient to you and on one site, and Crypt-ON will ensure the security of your transactions. Crypt-ON’s trust-tokens will provide a level of trust and thereby improve the quality of online cryptographic transactions.
4 steps on the way to DAO
The most important stage in the Crypt-ON project implementation is the creation of a decentralized autonomous organization, whose members will independently manage the platform and make decisions by voting in accordance with their rating.
- CREATING AN ECOSYSTEM
Developing various services within the platform, we strive to create a global workspace for all participants of the crypto industry – from freelancer to investor, providing them with simple and useful tools to perform a variety of tasks.
- BUILDING A COMMUNITY
Unlike many aggregators and marketplaces, we do not perceive users as a customer base, but rather as members of the future decentralized community interested in the development and prosperity of the platform.
- BUILDING A BUSINESS
By offering users convenience and security, by promoting our services on various platforms and gradually implementing a strategy for partnerships development, we plan to build a business that will make DAO participants of the DAO successful.
- MIGRATION TO OWN BLOCKCHAIN
As part of the platform’s move to decentralized management, we intend to transfer all services and databases to our own blockchain with high capacity and consensus algorithm that allows implementation of DAO concept, providing equal opportunities for all community members.
Crypt-ON is a single infrastructure solution for cryptocommunity
- MAKE SECURE TRADES IN CRYPTOCURRENCY
Crypt-ON helps both buyers and sellers to make trades using smart contracts easily and safely anywhere around the world.
- EXCHANGE CRYPTOCURRENCY FOR FIAT AND BACKWARD
Crypt-ON allows people from different countries to exchange cryptocurrency for fiat using geolocation search.
- BORROW AND LEND CRYPTOCURRENCY ON FAVORABLE TERMS
Crypt-ON allows users to issue p2p loans between each other, assessing the credit quality of your counterparty using trust token (cryptographically protected reputation)
- ATTRACT NEW EMPLOYEES OR FIND YOUR DREAM JOB
Crypt-ON will be the place where professionals can easily find themselves in new interesting projects. At the same time companies and startups will attract new specialists to the team.
Technologies and Instruments
- TRUST TOKEN
Cryptographically secure rating of user trust containing records of all his operations on the platform.
- SMART CONTRACTS
A single computer algorithm that guarantees transactions and automatic execution using all platform services.
- INDEPENDENT ARBITRAGE
In case of disputes, the arbitration system is used to resolve the contradictions. Its mechanism will be evolving and improving, trying to reach maximum decentralization.
- TRADES INSURANCE
Special reserve fund will be created to protect users’ interests. Its main goal is to guarantee all obligations and it will be replenished by fees from transactions.
The use of stablecoin, not affected by high volatility of crypto assets, will serve as an additional protection to the interests of participants.
- FRAUD PROTECTION
To ensure the fair growth of participants’ reputation (trust rating), a special mathematical algorithm will be used to eliminate cheating.
Point token multifunctionality
i-Point token is a fuel of Crypt-ON economics. Its multifunctionality will ensure a natural demand from all platform users – from freelancers to large investors.
Platform profits will be partially distributed among the i-Point token holders.
Trade insurance available only for i-Point transactions
Rating is accrued with higher coefficient when transaction in i-Point.
Ability to fully fix the transaction amount in USD when transacting in i-Point.
Fees are reduced by 50% when transacting in i-Point.
The only means of payment for transactions on the crypto freelance job exchange.
Participants can vote on platform development paths (participants with positive i-point balance).
Price: 1 IPT = 0.1 USD
Payment: ETH, BTC, LTC
Soft cap: 4,000,000 USD
Hard cap: 16,000,000 USD
December 2016 – November 2017 Market research, concept development, team building, registration of a legal entity.
December 2017 – June 2018 Development of MPV.
September 2018 Pre-TGE.
October 2018 – December 2018 TGE.
January 2019 – February 2019 Development and launch of services for the safe execution of transactions (escrow service) and credit search (p2p-lending).
March 2019 – May 2019 Development and launch of services to assist in finding work / professional activities (crypto-freelance labor exchange) and services for the exchange of p2p crypto-loans without intermediaries.
June 2019 – July 2019 Develop decentralized platform management.
August 2019 – September 2019 Launch of the voting mechanism, the initial election of an arbitrator.
September 2019 – April 2020 Develop a mobile application, support the functionality of the system and voting mechanisms DAO.
October 2019 – January 2020 Full implementation of the project in the principles of DAO.
February 2020 – May 2020 Development of the DAO, development of the electoral system, election of the DAO.
June 2020 – 2021 Support and promotion of projects.
Founder, Investor (USA), Director of Investment-consulting company IPT LLC
Specialist in ETL development and data visualization
Business Development Manager
Project coordinator, PR Manager
SMM and Community Manager
Competitive market analysis manager, technical support specialist
More information contact :
Website : https://crypt-on.io/
Whitepaper : https://drive.google.com/file/d/1ItcfVNhOnSiXhRlf-OIAjZDSnfJuIS66/view
ANN Thread : https://bitcointalk.org/index.php?topic=3530713.0
Bounty Thread : https://bitcointalk.org/index.php?topic=5036843.msg46116711#msg46116711
Facebook : https://web.facebook.com/CryptOnDAOsystem?_rdc=1&_rdr
Medium : https://medium.com/@Crypt__ON
Twitter : https://twitter.com/Crypt__ON
Telegram : https://t.me/Crypt_ON_En
Author : Upik05
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131