CRYPT-ON: A Decentralized Autonomous Organization

in #ico3 years ago

Hi all, it is another fascinating project is here. For those who do not know much about cryptocurrency, what is a cryptocurrency? To be quick and terse, it's a digital medium of exchange and therefore the next question would be... what is its use? it's additionally simple to ensure the protection, integrity and balance of your money statements by means of a network of that verify one another referred to as miners, which are, for the foremost half, general public and actively shield the network (the web) by maintaining a high rate of formula process, so as to own the chance to receive some tip, that is distributed randomly.

Blockchain is a decentralized ledger. it's a network that has an analogous copy of the information and changes its standing (records) to a typical agreement pivoted on pure mathematics. All this implies that there's no would like for any central server or any entity we tend to trust (e.g. financial organization, notaries, banks, paypal, etc.). The blockchain is that the technological basis for all cryptomontages, whether or not Bitcoin, Ethereum, Hyperledger, etc.

An important a part of the blockchain is that the smart contracts, a bit of code that's stored within the blockchain network (in every participant's database). It essentially defines the conditions to that all parties exploiting the contract agree. Therefore, if the desired conditions are met, sure actions are carried out. As a result of the smart contract is stored on all computers on the network, everybody should run it and find the identical result. this manner users are certain that the result's correct.

After this transient introduction to the broad topic of Blockchain and smart Contracts, we are able to already see that this technology opens several doors to new decentralized businesses and eliminates the requirement for valuable third parties. Several new corporations are currently functioning on this technology, and huge corporations are testing it in closed networks to collaborate directly with one another while not the requirement for intermediaries. For that reason, there's lots of projects that are beginning to use this new technology. However, not all of them are worthwhile. We've to browse well what every project is devoted to, what's its technical paper, how qualify are the advisors, etc. As I have already stated, blockchain technology has gained quality because of the hype regarding cryptocurrencies that has jolted several startups to launch their own cryptocurrencies even while not convincing fundamentals. This trend has emerged as a result of new entrants are additional agile in adopting rising technologies compared to incumbents who are hampered by heritage systems. However, this competition and this advantage enjoyed by the new entrants is also transient, as no economies of scale are taken into consideration.

The project I’m about to introduce to you is CryptON, a useful blockchain platform for business and life and full service р2р-system that combines four different services on a platform to realize a synergistic impact.

Definition

As I aforementioned before, CryptON (IPT) (https://crypt-on.io/), deferring from the others, is an advanced peer-to-peer (p2p) platform, designed to evolve into a full-cycle science DAO system. Through the platform, individuals meet, create secure purchases in cryptocurrency, borrow cryptocurrency for his or her projects, locate employers and freelancers for his or her tasks and acquire rewards in cryptocurrency.

Goals
The main goal of CryptON is to resolve the most direct on-line interaction between individuals issues, that forestall the event of the blockchain and therefore the cryptocurrency world as an entire.

Benefits and functionalities

The most vital benefits and functionalities of the CryptON platform are:
Facilitate service to seek out funding (p2p loans), permitting individuals everywhere around the globe to conduct any sort of safe transactions exploitation the crypto currency, from merchandizing badges and handicrafts to yachts and assets.

Helping within the conclusion and fulfillment of safe operations. individuals will remotely agree on the task and tasks and buy it with a cryptocurrency.

Helping crypto community freelancers searching for new projects minimize the quantity of defaults by smart contracts. Because of that, anyone will facilitate the person in would like of funds on terms that the parties can agree directly with one another.

Assist members of the platform within the exchange of p2p cryptocurrency with no mediators and with the chance to seek out a customer and conduct a secure group action.

For further information on the project, visit any of the links below

Token details

Extra details

Token: IPT
Platform: Ethereum
Type: ERC-20
Price in ICO: 1 IPT = 0.1 USD
Tokens for sale: 160,000,000

Website: https://crypt-on.io/
white paper: https://drive.google.com/file/d/1ItcfVNhOnSiXhRlf-OIAjZDSnfJuIS66/view
ANN Thread: https://bitcointalk.org/index.php?topic=3530713

Author: kingnony
Profile: https://bitcointalk.org/index.php?action=profile;u=2025917;sa=summary