CEYRON — A UNIVERSAL CRYPTOCURRENCY

rebecca01 (8)in #ico • 6 years ago

Introduction:

The progress of the financial industry and the blockchain has now become questionable. For this required token that can combine both. Ceyron Finance Ltd (hereinafter “CFL”) intends to bring together the expertise of the financial industry and the revolutionary technology of the blockchain. The CFL disrupts two divergent worlds: cryptocurrency and financial services.

The concept
So basically the idea is to have service like Coinbase and Mastercard combined together with the concept of Proof of stake.

CEY tokens holders will have:

Easy access to spend 20 fiat currencies + supported cryptocurrencies via The CEY Card (a physical, virtual, and debit MasterCard with a mobile application for convenience) with competitive fees compared to the current international debit card.
Annual dividends (might have, not guarantee): from a portion of potential periodic income earned by the Fund — from their financial investments, to be exact.
Last but not least: a high in value token — CEY token — with a stable and high-ROI-potential portfolio of credit assets with great integrity, safety, security, anonymous-secured and transparency in a high-performing decentralized system thanks to all the world-changing technologies: artificial intelligence, machine learning and, of course, blockchain.

Ceyron Tokens are Ethereum-based smart contract digital token representing beneficial ownership in non-voting shares in issuing company — Ceyron Finance Ltd. (CFL

The Fund’s Investment Objective and Strategy:

Investment objective: is to provide the highest ROI (return-on-investment) through a proprietary quantitative approach to underwriting credit assets, to be provided by Colombus Investment Management Ltd.

Investment strategy: driven by data science where they apply machine learning within fully non-parametric statistical models to gain expected returns on financial investments.

The net income earned by the Fund during any given month will generally be retained for reinvestment. A portion of potential periodic earnings may be used for distributing annually dividends approved by CFL’s board and voting shareholders to CEY Token holders as mentioned above.
The market and the problem

Prepaid debit cards are effective

The account holder can select multiple crypto that can be used as an offer and when you start a transaction (eg dinner at a price of $ 83.65), a prepaid debit card can be used, or the holder can be supported kriptocurrency selects, which will then be sold at the spot price for Close the transaction.

Competitive costs

Since CFL will keep both the money and the various crypto-time, it will be able to facilitate the exchange of funds in the crypto facilitate transactions and allow the CFL to compete with Coinbase for service and cost.

CFLs enter emerging markets

The cryptocurrency market grew more than $ 160 billion last year. Financial giants and central banks invest in blockchain technology. Large and small investors are looking for a more regular market that can benefit from the safety net and insurance coverage offered on the registered security market.

Problems for developing countries

The population of developing countries (Southeast Asia, Latin America and Africa) represents more than 2 billion people. In Africa alone 1.2 billion people live. It is young and dynamic: 60% are under 50.

Banks are gradually taking over mobile banking for:

develop online banking services;
providing digital benefits to the parties to integrate millions of people into the formal financial sector;
Development of payment services for dealers.

Low interest rates

According to experts, more than 2.5 billion low-income and / or middle-income people are not tied to banks. Traditional agency models easily meet the needs of the poorest, but no longer meet the needs of the bank as a whole.

The reason for the low banking penetration lies on two levels.

At customer level: Most people have low or very low incomes, so their savings are low. While economic monetization has increased significantly since the 2000s, bank use was not part of spontaneous practice. The emergence and growth of large microfinance companies have radically changed this situation.

At bank level: Excess bank liquidity is no incentive for customers to grow. A low population density adds average costs to the implementing agency.

A very competitive market

Over 75% of countries have the most services for which mobile money services are available. This increased competition means that consumers have more choices. Some subscribe to two or three services simultaneously.

The usage rate is very low

Africa is the world leader in mobile money accounts 2% of adults have mobile money accounts in the world and 12% are in Africa. Each year, the number of mobile open mobile accounts has increased by more than 40% on average. By 2020, the number of Africans with disposable income — almost 450 million people — will be comparable or even higher than in Western Europe at an average rate of 20% per year. By 2020, nearly 800 million people will have mobile cash accounts. The result: nearly 10 billion transactions a day worth nearly $ 135 billion by 2020.

An analysis of the analysis of average user behavior seems to be a general trend: the payout accounts for at least 60% of the transaction volume; Peer-to-peer transmission 20%; 10% purchase time, 8% payment and 2% savings.

Break shy through bank cards

Holders of the CEY token can receive their annual dividend on their CFL card.

Lack of safe and unsecured credit for loan applicants

CFLs are designed to solve problems in Africa where most applicants have no credit available. In particular, the dividends paid to holders of CEY tokens will allow them to qualify for loans as dividends can be considered a source of revenue.

In Africa, there is a steady and persistent lack of credit.

CFL solutions

CFL loan portfolio

Currently, sixty percent (60%) of US mortgages are owned by non-banks, compared to thirty percent (30%) in 2013. More than $ 4 trillion in the US is available to select hundreds of credit platforms , The fund manager is responsible for approving the solvency and risks of the platform and for identifying the credit profile of the issued assets, compliance with regulations regarding origin, volume, guarantee, duration and price, quality of administration and services of the best performers This platform is available to the CFL portfolio, and also to clean up the most risky assets in the CFL portfolio.

kind CEY

The CEY card becomes a physical, virtual and debit MasterCard with a mobile application that allows the use of twenty (20) foreign currency from a card. CFLs can save up to seventy percent (70%) on these costs. Currencies can be traded at both outlets (the industry average is 3.75% versus 3% for CFLs) and also through applications. Unlike the 1.5 percent fee for ATM withdrawals, CFLs do not charge ABM withdrawals. The CFL Mobile App will include additional features to transfer money in currency between merchants, friends and family accounts, resulting in zero percent (0%).

The CFL card plans to have partners for cost management. This will enable the integration of mobile applications to facilitate the management of travel and connections to many travel partners for the management of electronic reception. In summary, CFLs are being developed to provide liquidity enhancements in one of the world’s twenty (20) currencies as well as the main cryptocurrency.

LCF and Blockchain

Cryptocurrency (or cryptocurrency) is a digital asset that serves as a cryptographic medium to secure transactions, control the creation of additional units, and review asset transfers.

Cryptocurrency was developed as a method for decentralized transactions with values in rare digital assets. This is most noticeable in societies where governments lose their money through hyperinflation. Today, fifty percent (50%) of people in the world have bank accounts. In 2014, it is 62%, and cryptocurrencies occupy more space among inexplicable persons. Cryptocurrency was developed as a method for decentralized transactions with values in rare digital assets. This is most noticeable in societies where governments lose their money through hyperinflation. Fifty percent (50%) of people in the world currently have bank accounts, compared to 62% in 2014, and cryptocurrencies occupy more space among non-accountable individuals.

The new kriptocurrency foreign exchange market has been operating for several years. The relatively large difference between Bitcoin’s Fiat Fiat prices in various key markets illustrates the current level of industrial maturity.

Blockchain technology is still young, but it has proven to be a register that can not be changed. Bitcoin is a sign that is speculative, and its value, like diamonds or gold, beyond industrial use, is fully motivated by the scarcity and assurances to the owners that this property is unique and ready to trade.

CFL safety mark

CFL intends to grant a token holder with an annual dividend, which must be approved by the Board of Directors and the voting shareholder.

CFLs intend to invest eighty-five percent (85%) of the funds CFL receives from the IMF, and the IMF will in turn invest in credit to create a stable cash flow. and grow. CEY tokens (cash flows can not be guaranteed and may be affected by market and regulatory conditions)

CFLs intend to use simple leverage to further enhance the return on the loan portfolio to allow for continued reinvestment and revaluation of the underlying credit portfolio’s Cey chip (improvements can be guaranteed and can not be influenced by market and regulatory conditions)

CFLs will enhance their ability to build leveraged loan portfolios by providing loan guarantees to warehouse lenders.

CFLs retain cash, securities and symbolic reserves at all times to ensure the liquidity of the CEY token holders (the liquidity of assets can not be guaranteed and may be affected by market and regulatory conditions).

CFL will enter into an alliance with the bonding service provider to reduce the risk of total loss. However, the use of these financial instruments is not a guarantee against any possibility.

Strategic Alliance

CFL’s strategic alliance is a leading provider of blockchain, finance and banking technologies. CFL intends to sign with Coinfirm.io a service agreement for KYC / AML (anti-money laundering) control for each token holder application. Ambisafe is a pioneer in blockchain technology, and ICO offers companies that have been helping to make the world more decentralized since 2010. Her work is crucial in projects such as Tether and Bitfinex. Recently, Ambisafe is behind this success. Loyal Bank is a bank registered under the laws of St. Vincent and the Grenadines.

Initial offer of CFL coins

CEY token bids in St. Vincent and the Grenadines are based on the exemption provided by the Securities Act. The CEY quota offered here (and the non-voting CFL Shares held by one candidate) may not be sold to other bidders in St. Vincent and the Grenadines unless the FSA rules are respected.

The CFL will provide a memorandum created solely for use by potential CFL investors and published by CFL. The offer document will be produced as part of a personal offer to an accredited investor, to those who need to review their accredited investor status through questionnaires and other required documents, and others who will respond to the eligibility conditions in their country.

Technical bidding mechanism

Potential investors are required to provide personal information when creating an account with ceyron.io for sale. This information is intended to ensure compliance with various securities laws in the United States and foreign jurisdictions, as well as customer knowledge (KYC) and anti-money laundering (AML) requirements.

For US investors, they must comply with the requirements of the Qualified Investor Standard under Section 506 © of the Regulation D Securities Act. An investor may indicate that he or she qualifies as a qualified investor by documenting and downloading documents on the ceyron.io website, as described in the section entitled “Investing in Investments” below.

The problem in the area between 2 worlds

Using Coinbase-like services, you can get your desired cryptocurrencies from your fiat. Yet this market has only been operating for a few years. Illustrative of the current level of maturity of the industry are the relatively large differences between prices in fiat currency of Bitcoin on the various major exchanges.
Due to the irony, the best prices come from vendors with the lowest liquidity where the order may not be realized quickly or at the price it was placed. Even the largest and most established providers charge fees as high as 7% for fiat transactions

Another problem: Volatility and Cash Flow. Crypto investments or non-crypto ones, there are tons of sub-investment and if you are confident with your investing skills, you’re gonna be overwhelmed and your assets might drop in its value drastically or have a poor cash flow — making it a “dead” investment, not to mention gaining any return. You gotta need a strong portfolio with a well-balanced budget to secure your investment.

TLDR: their kinds of services are still young, not flexible and high in fees operating in a worrying market where your assets’ values can drop dramatically after 1 night.

In a wider view, at a macroeconomic vision and particularly in the market of Africa, the Ceyron team identified those problem:

Low Bank Rate :The economy of third-world countries like ones in Africa is highly liquidated and has a very bad financial footprint: Less than 10% of adults have bank accounts and more than 85% of trade is cash.
Very Low Usage Rates: In the world, 12% of account holders are in Africa. However, the level of inclusion in the financial system is very low. The behavioral analysis of the average paying user is similar to the general trend: the payment is equal to at least 60% of the transaction volume; Peer-to-peer transactions 20%; 10% call duration, 8% payment and 2% savings.

A highly competitive market: The mobile money environment in Africa is increasingly competitive. This increased competition means that consumers have more choices.The Ceyron’s solution
Use of low debit cards: Prepaid debit cards are only used for point-of-sale purchases and services (rarely). CEY Tokens holders, however, have the privilege of receiving an annual dividend on a CFL card, which would be a huge motivation for people to use the card.
Lack of credit that is safe and precarious as well as stable and sustainable income for credit applicants: In Africa, most applicants lack credit. CFL wants to solve this. More specifically, the CEY Tokens can be considered as a source of income distributed to entrepreneurs because it deserves credit. Besides, loan applications have a stable and sustainable income deficit.
The CEYRON solution

Not to mention those “standard” offers a blockchain-based project gives like integrity, safety, security, anonymous-secured and transparency in a high-performing decentralized system, CEYRON offer great solutions for the problem identified above:

CFL Credit Portfolio

To minimize the volatility of the CEY Token, CFL supports its value through a portfolio of secured credit assets. In turn, the yields of the portfolio’s credit assets will be then retained for reinvestment back into the portfolio of credit assets to attempt to increase the underlying fundamental value of each CEY Token.

The portfolio of credit assets, which is built by applying artificial intelligence and machine learning, will further be secured by a surety wrap to enhance stability and returns.

To be exact, The Fund has a highly diversified alternative investment portfolio with global coverage aiming to deliver stable high single-digit returns with very modest short and long-term volatility. Diversification is achieved by combining selected alternative funds with very different strategies and locations, managed by established and leading asset managers within the specific investment style or market.

Investment Roadmap for your review

CEY Card

The CEY Card: a physical, virtual, and debit MasterCard with a mobile application which will allow for the use of 20 foreign currencies and leading cryptocurrencies from a single card.

Using this card, you can spend, exchange and send and receive money internationally with the same anonymity as Bitcoin without any third party involvement in a most secure and fastest way.

CFL may save customers up to 70% on those mentioned fees:

Currency Transaction Fee: Currencies can be exchanged both at the point of sale through an app with 3% fee for CFL compared to 3.75% of industry average.
Cash Withdrawal Fee: CFL charges no fee for ATM withdrawals at all (the traditional standard fee for ATM withdrawals is 1.5%).
Money Transfer Fee: The CFL mobile application will contain additional functionality to transfer funds in any currency between merchants, as well as friends and family accounts, for free.

Together with the CEY Card, The Private Ceyron Exchange Site lets you buy and sell CEY and other cryptocurrencies.

Besides, The CFL Card plans to have a Partner for expense management. This will allow integration from a mobile application to facilitate management of travel itineraries and links to many travel partners for e-receipt management.

CFL Security Token

CFL intends to provide but does not guarantee, the token holders with an annual dividend, which must be approved by the Board of Directors and holders of voting shares.
CFL intends to invest eighty-five percent (85%) of the proceeds received by CFL from this Offering in the Fund, and the Fund, in turn, will invest in credit assets, thereby seeking to create a stable, growing cash flow yielding base for the CEY Token (Cash flow yields cannot be guaranteed, and may be impacted by both market and regulatory conditions).
CFL intends to use modest leverage to further enhance the returns from its credit portfolio to facilitate ongoing and continued reinvestment to grow the credit portfolio underpinning 15 the CEY Tokens (Enhanced returns cannot be guaranteed, and may be impacted by both market and regulatory conditions).
CFL will enhance its ability to establish its credit portfolio with leverage by providing its warehouse lender a credit surety bond.
CFL intends to maintain a cash, securities, and token reserve at all times to ensure liquidity for CEY Token holders (Liquidity of assets cannot be guaranteed, and may be impacted by both market and regulatory conditions).
CFL will enter into alliances with surety wrap providers that will be used to mitigate the risk of total capital loss. However, use of these financial instruments does not constitute a guarantee against any and all eventualities.
Crowdsale information

Token Name: Ceyron

Token Symbol: CEY

Contract Address: 0xebc71036a37451e87cc43af8ae7ac123aa750dcb

Decimals: 8

Price Per Token: $1.00 USD

Currencies Accepted: BTC, ETH, LTC and USD

Number of Tokens for Sale: 250,000,000

Pre-Sale: 2/16/18–3/15/18

Pre-Sale Discount: 30%, 25%, 15%

Start of Token Sale:3/16/18

End of Token Sale: When Hard cap is reached

Soft Cap: TBA

Hard Cap: TBA

Strategic Alliances

CFL’s strategic alliances are well-established and experienced leaders in the field of blockchain technology, finance, and banking.

Coinfirm.io: CFL intends to enter into a service agreement with Coinfirm.io — a market leader in KYC/AML (Anti Money Laundering) checks for each token holder application.
Ambisafe is a blockchain technology pioneer and ICO offering company helping the world become more decentralized since 2010. Their work has been critical of projects such as Tether and Bitfinex. More recently Ambisafe is behind such ICO successes as Polybius, TaaS, and Chronobank. CFL and Ambisafe plan to jointly develop a wallet management tool, which CFL will use to facilitate token holders’ ability to manage their digital wallets.
Loyal Bank is a bank registered under the laws of Saint Vincent & The Grenadines and is the debit card provider having one of the most competitive fees across several fiat currencies in the industry. -> this partnership might allow CFL to maintain a low rate of 1% for transactions charge.
TLDR: Ceyron is creating multiple business lines and will be reporting financials to investors.

Firstly, they will have the Ceyron Funds, a secured portfolio built by a seasoned financial management team.
Secondly, Ceyron will also offer you the opportunity to spend, exchange and transfer cryptocurrencies and fiat currencies with their Ceyron Debit MasterCard and exchange site.
Finally, with so much market uncertainties, Ceyron is here to offer you one of the only private security tokens representing an equity portion of Ceyron with the intent to offer security, transparency and dividends — The CEY Token
Team

Ceyron Finance Ltd was created by a seasoned team of former Bankers from a reputable USA Bank.

Executive board

The EB consists of talents experienced in the fields of banking, business and financial investments, which is a strong point for the team on the implementation of project’s idea.

One thing made me concerned is the Dev team. Since normally when ICO, the project managers would showcase their genius developers (together with the talents in the service field, as they did show above). Yet this ICO I can just see their Blockchain & Technology Solutions Head. One reliving point is that this guy ( the IT Head guy) has 10 years of experiences in full stack development, IT solutions and blockchain development.