Overview of ICO NAUTICUS - Pros and Cons of Investing

ialex (46)in #crypto • 7 years ago

Website - https://www.nauticus.io/
Whitepaper - https://cdn.nauticus.io/NauticusWhitepaperOfficial_ru.pdf
Twitter - https://twitter.com/nauticusen
Facebook - https://www.facebook.com/NauticusBlockchain/

Hello to readers of my blog. If you are planning to invest a crypto currency in an ICO project, I recommend that you look at NAUTICUS. In the future, your investments can grow very much. And these are not just words, because the creation of the NAUTICUS crypto exchange is supported by the Australian government! Is this a guarantee of success? Let's take care of everything and in order. Almost all participants of the crypto-currency market, who somehow had a relationship to the "digital currency", had at least once to trade on the stock exchange crypto-currency.

When there is a need to translate their tokens into fiat money, this process can not be avoided. In addition, this is not always easy, because fiatnye money is not supported by many exchanges, because of what it is required to use the services of exchangers, overpaying interest. Also, quite often you have to register on a large number of trading platforms to sell the token that you need. This is not very convenient, and the transfer of funds between different exchanges, and then also the exchanger, increases the money spent on the commission, and in addition takes a lot of time.

Exchange of Crypto-Currency

The NAUTICUS project team decided to simplify this task. It is worth noting that the project is supported by the Australian state, where the company's office is based. NAUTICUS is a project from Australia, whose goal is to create a comfortable trading platform for conducting safe operations with crypto-currencies. It will be an exchange that provides crypto banking services and other e-commerce solutions using blocking technology. One of the features of this site is the possibility of exchanging crypto-currency assets for fiat money. Already in the summer of 2018, the creators are going to launch the NAUTICUS project, where 100 different crypto-currencies will be available for trades (for the year the number of crypto-currencies is planned to be expanded to 300), as well as 7 foreign currencies (CNY, EUR, AUD, JPY, USD, HKD and ZAR) , the number of which is expected to increase to 16 in the future.

At the same time, NAUTICUS will be able to provide global payment processing services. As a result, users will be able to send money to each other (on the principle of Western Union or PayPal), while paying a minimum interest. NAUTICUS is registered as an independent translation dealer in the Australian Government Regulator AUSTRAC. It should be noted that the NAUTICUS project is already being registered with various international bodies for combating the financing of terrorism and money-laundering, as well as in global agencies for providing credit data and securing an international banking license. This is quite a serious process, requiring a lot of work with securities and financial transactions. NAUTICUS will have 3 key crypto-currencies, which will be trading pairs with other currencies.

This Ethereum, Bitcoin, as well as the domestic currency of the site - NAUTICUS Coin. As a result, if, for example, you want to buy a token / coin "Y" with a token / coin "X", you will first need to exchange the token / coin "X" for some basic currency, and then buy a token / coin " Y ". But it should be noted that using the NAUTICUS Coin internal token, you will have a 50% discount on commissions with transactions inside this exchange. Thus, the developers want to encourage users to purchase the NTS token, and this gives the opportunity to replicate the success of the KuCoin and Binance exchange tokens.

Key differences between the NAUTICUS exchange

1. The lowest commission. In connection with the fact that NAUTICUS will connect the seller and the buyer directly, favorable exchange conditions will be offered, with a commission of 0.1% (later it is planned to reduce its size).

2. Reasonable interface. The site will have both a simple functionality for beginners and a complex one for experienced traders, including tools that simplify the process of data analysis and trading.

3. Highest level of security. The developers give a lot of attention to safety. The purse presented on mobile devices is protected by two-factor authentication, biometric authentication (using fingerprint sensors, voice recognition and face recognition functions). Developers offer separate wallets (cold and hot) for storing funds, protected by several layers of coding.

On the NAUTICUS platform, several other areas are planned

creation of a mining center (it will guarantee fast and cheap transactions for users, and also provide an opportunity for further development);
ICO support (providing projects that go to ICO, technical, financial and legal assistance, consultancy services that specialize in marketing and media);
platform for sellers (integration with global POS-software, application of the NAUTICUS token, guaranteeing fast transactions and low commission).

The idea of the NAUTICUS project is not new, but nevertheless, there is nothing bad in this if the team successfully implements a practical platform for bargaining. And the integration of most of the world's currencies into a crypto exchange will attract a huge number of users. It should be understood that the project has colossal competition. Even in the technical documentation, the NAUTICUS team notes that they have about 170 competitors. We must agree, a rather large figure. But this factor should positively influence the activity of the team and stimulate the creation of a competitive and very good product.

Nauticus team

Recommendations

As for me, so the project has real chances to enter the market on a par with such giants as Binance, for example. Why? Well above, I already described 3 key features of the project. I personally expect the value of the company's token to grow at least 20 times. Why I'm sure of growth. And you take a look at the history of the growth of the value of internal tokens of different exchanges - binance, kukoin. Questions immediately disappear. If you decide to invest - be sure to weigh the pros and cons and make a reasonable decision. Also I recommend to familiarize with the project by references below: