Whats up everybody WAJAHAT is here with another exciting blog on CONNECTIUS. Connectius is the blockchain as a service solution (BAAS) that can be integrated into any existing e-commerce easily. The founders of this project are Vasily Kozlov, Aleksey Alimov, Sergey Nosikov and Aleksey Nosikov develop this solution along with the project developer and specialists. It ensure the protection of the accounting records of all users, handles service requests, processes geolocation data, external platform API, facilitates payments and token transfer, accompanies deals with blockchain integration, establishes a user rating system and provides third-party arbitration. The main goal of the connectius is to help any e-commerce store to save money that they have to lose on fraud transactions. This service allows any e-commerce store to deal with their consumers by using a smart-contract. It guarantees to have less fraud for the e-commerce store. It also makes transactions more secure for the consumers. Any e-commerce can reduce the costs of its goods or services by reducing the expenses on fraud for the consumer and thus become more competitive on the market. Connectius model will help to create the universal discount system for all the e-commerce worldwide. It will provide the user acquisition. The token of connectius will be common that could be used everywhere. This solution will be powered by this token. The token will be used for the exchange purpose. It can also makes the smart-contracts run. The price of the token will be in United states dollar (USD) that would be shown and be fixed. There is a flexibility that it can be paid either in US dollars or in tokens. The payment in the US dollars is an option that has been provided by an external existing crypto exchange service via a plugin or a widget. Tokens are going to be available on November 5, 2017 onwards. It released during the ICO: 31,000,000 tokens. To show how connectius works, they are launching the proof-of-concept e-commerce platform. Just like Task Rabbit, it is a marketplace. In this marketplace, consumers will be able to find merchants, craftsmen, or any other specialists that can execute a routine job. The payment of all deals will be processed by using smart contracts that is why the e-commerce application and the service provider are combined that will help for better understanding of e-commerce needs and therefore develop the best solution for them. In December, the beta version of this connectius is coming.
The Connectius is facing the many tasks and problems. That are the reduce of the overall impact of fraud, Improve the efficiency of the current processing system, improve identity fraud tolerance, reduce operational expenses for fraud management, remove confidence issues, reduce the CAPEX for blockchain integration, help merchants keep their prices low, and push cryptocurrencies to be widely adopted. The risks of connectius includes the ethereum network token storage, judicial risks, taxes, attacks during the initial offering, ecosystem, force majeure and company.
The plan for tokens promotion includes the integration of the e-wallet into connectius, launch of the transitive token on connectius, creation of a paid service provider account on connectius and the commencement of work on the search and matching processor for connectius core.
The price of base token will be 1 USD in cryptocurrency equivalent.
Early Bird Presale:
On November 1, 2017 to November 6, 2017, the price estimate is 0.80 USD with 20% discount. The Minimum purchase was 25,000 USD or 25,000 USD in crypto equivalent.
On November 6, 2017 to November 11, 2017, the price estimate is 0.85 USD with 15% discount. The minimum purchase was 15,000 USD or 15,000 USD in crypto equivalent.
Early Bird CROWD SALE:
On November 11, 2017 to November 15, 2017, the price estimate is 0.90 USD with 10% discount. The minimum purchase was 10,000 USD or 10,000 USD in crypto equivalent.
CROWDSALE Week 1:
On November 15, 2017 to November 22, 2017, the price estimate is 1 USD with no discount. The minimum purchase was 1 USD or 1 USD in crypto equivalent.
CROWDSALE Week 2:
On November 22, 2017 to November 29, 2017, the price estimate is 1.1 USD. The minimum purchase was 1 USD or 1 USD in crypto equivalent.
CROWDSALE Week 3:
On November 29, 2017 to December 06, 2017, the price estimate is 1.2 USD. The minimum purchase was 1 USD or 1 USD in crypto equivalent.
CROWDSALE Week 4:
On November 06, 2017 to December 13, 2017, the price estimate is 1.3 USD. The minimum purchase was 1 USD or 1 USD in crypto equivalent.
CROWDSALE Week 5:
On December 13, 2017 to December 15, 2017 , the price estimate is 1.4 USD. The minimum purchase was1 USD or 1 USD in crypto equivalent.
Connectius will be launched as a proof-of-concept service application. The services provided by this platform will includes an API for interaction with the platform, search and matching algorithms, user account database, arbiter and oracle, rating formation, interactive map and geo location data processing, support for token transfers, handling of service requests and payments. The Connectius ecosystem will generate revenue from the services provided by connectius (experts application) and by transaction fees. In particular, the funds will be utilized in the Research, development, sales and marketing activities.