Cryptov8 - Bringing Banking to Blockchain
Cryptov8 - https://www.cryptov8.com/
Peaceful greetings of the universe, this time I will discuss about ICO or project Cryptov8, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).
Blockchain technology will also improve the customer experience, as it will act as an intermediary for various financial services, payments and functions. In addition, blockchain technology will improve the way companies collaborate with Cryptov8 to deal with their users while at the same time ensuring and reducing transaction costs.
Cryptov8 is a banking platform that seeks to bridge the gap between the crypto bank and traditional banking products and services, using blockchain technology. Cryptov8 also aims to provide users with a convenient way to use their cryptocurrencies on the cryptographic market. Blockchain technology combined with the digital assets provided by Cryptov8 will help improve the use and use of electronic currency around the world.
Regulation of The Existing Market
The cryptocurrency market is extremely unregulated, which makes it very risky for users. In this respect, I believe that 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.
In addition, Cryptov8 will decentralize money transfers that are currently under the control of existing banks. It will offer customers access to the cryptocurrency market in a way that is easy, cheap or even free. This will improve customer participation in the cryptocurrency market, cryptov8 tokens will be used as a payment instrument, or as a reward for certain actions within the platform.
Users can get recommendations on how they can enter the cryptocurrency market from the educational materials offered by the banking platform. Cryptov8 offers a unique opportunity-the project's clients will be able to use the experience of traders to create their own success strategy. Now they do not have to deal with the problems of centralized banks, the lack of information on working with cryptocurrency - everything you need can be found inside The cryptov8 platform.
Regulation The crypto currency market is extremely unregulated, which makes it very risky for users. In this respect, I believe that Cryptov8 strives to unite the best practices of the UK in the field of regulation and the cryptographic market. The rules will protect customers from the uncertainties and risks of the crypto currency market.
Decentralization In addition, Cryptov8 will decentralize remittances, which are currently controlled by existing banks. This will offer customers access to the crypto currency market in a way that is easy, cheap or even free. This will improve the participation of customers in the crypto currency market using tokens to reward their participation and offering them discounts.
Wallet On the platform will be a crypto-currency purse where users can track their balances. Users with fiat currency can analyze their wealth, accumulated due to savings or investments in fiat currency. The banking platform combines the exchange of crypto-currencies, which allows users to trade, buy or sell crypt currencies.
Training materials Users can get recommendations on how they can enter cryptresources from educational materials offered by the banking platform.
Cryptov8 ICO Details
The platform utility icon is the CRV8 token. Tokens are the accepted payment method for the services offered by the platform. A transaction using tokens attracts discounts and bonuses for tokens holders.
ICO of The Project
Time ICO: July 28, 2018 September 28, 2018
White/KYC: White + ZSK
Country: United Kingdom
Token information:
Ticker: CRV8
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
Bonus program:
Pre-ICO — 33%
ICO period 1–20%
ICO period 2–15%
ICO period 3–10%
ICO period 4 and until the end of the ICO — 5%
Token distribution:
75% — token sale
10% — reserve to maintain liquidity
10% — for the launch and operational team
3% — bounty campaign
2% — advisors
Roadmap
Q3 2016
FCA approve a consumer credit license enabling us to provide personal loans and issue credit cards as well as carry out other consumer credit activities.
Q2 2017
Technology evaluation starts, full list of technology vendors considered. Application process for full banking licence begins.
Q3 2017
Extensive market research completed to identify consumer preferences, market trends and competitor offerings.
Q1 2018
Regulatory Pre-Application Process. Generation of Regulatory Business Plan.
Q3 2018
Banking platform vendor selected. Full banking licence application submitted to the Prudential Regulatory Authority
Q1 2019
Full banking licence Authorisation with Restriction granted. Crypto Wallet/Account Launch
Q3 2019
Full Banking Licence (without Restriction) granted. Banking Services Launch. Phase 1 to include: • Current Account • Savings • Unsecured Loan • Business Lending
Q2 2020
Crypto Account Services Expansion • Cryptomotiv8 (final features) • CryptoG8 (own FIAT gateway/exchange)
Team Success
Conclusions
The first thing that I answered for myself is the target direction of the project at the moment the market is extremely unregulated, which makes it very risky for investors and ordinary people. In turn , the goal is that Cryptov8 aims to combine the banking sector with crypto-currency technologies in the regulation of the traditional banking segment and the existing cryptographic market.
More Information Visit The Cryptov8 Link:
Website : https://www.cryptov8.com/
Whitepaper : https://docs.google.com/gview?url=https://www.cryptov8.com/wp-content/uploads/2018/07/Cryptov8_White_Paper_v1.3.6-3MB-1.pdf&embedded=true
ANN Thread : https://bitcointalk.org/index.php?topic=4470298.msg40104881#msg40104881
Twitter : https://twitter.com/cryptov8
Telegram : https://t.me/cryptov8
Facebook : https://www.facebook.com/Cryptov8/
Discord : https://discordapp.com/invite/6rgDf9c
Reddit : https://www.reddit.com/r/Cryptov8/
Author : Urang kuceng
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1536267
Myetherwallet : 0x797F12ea668C548f96b1A32af0303C77f51741da