Hello Golos Community, this new post I want to introduce about a very interesting and good project that is Cryypto, and for more details, let's just go to the following discussion:
Cryypto is a Community Centric Token Trading platform with a profit sharing model with its members. Cryypto.com is driven by the highly experienced team of cryptocurrency experts who have had several years of experience under their belts with leading the technical efforts at some of the largest cryptocurrency exchanges in China and Europe, to evangelists in the crypto world. At the heart of Cryypto.com is highest security, reliability, and revenue sharing mindset.
It strives to overcome the shortcomings of rival crypto exchanges that have repeatedly caused severe losses for issuers and token holders. To achieve this, the team relies on its advanced knowledge of cryptographic technology, its operational in-depth understanding of the crypto world, and a strong company culture committed to security and compliance.
At the core of Cryypto.com’s business model is the community revenue sharing model. Gone are the days where an exchange will gobble up hundreds of millions of dollars in fees alone. Cryypto.com changes that. With 80:20 split between the community and Cryypto, it is one of the first trading platforms to create a truly inclusive business model in the cryptocurrency world.
Cryypto.com’s mission is to create a safe, fair, and ideal environment for investors to invest, traders to trade and manage their digital assets, and startups to raise money for their projects by listing their tokens or coins on a trading platform without exorbitant costs. Cryypto’s innovative platform offers impartial and transparency for all transactions.
Cryypto will fulfill the regulatory compliance obligation for data security, privacy, audit, and reporting of data in the most safest and fluid ways. Cryypto’s business model is to bring tokens to the masses without the frills. Without the limitations. Without the anarchy of a traditional exchange.
Initial Coin Offerings (ICO's) are here to stay. Hundreds of innovative and lucrative projects are launched every month, with one focus: Change the dynamics of our centralized world. Blockchain, Decentralization, and DAAPs are on the rise. Cryypto aspires to become the marketplace for such tokens and their backers to generate value.
Whether a blockchain is powered by Bitcoin, Ether, or any other cryptographic protocols, Cryypto's business model is to allow such tokens to be listed on it's platform for free and offer incentives to the startup founders, their community, and ambassadors to exchange value in real time with each other.
C0x stands for Cryypto 0x, a token based on ERC20 and the currency of Cryypto.com. The entire issued C0x base equates to the overall ownership of the Cryypto trading platform which adopts an innovative “Trans-Fee Mining” model. A total of 10 Billion C0x has been issued and will never increase. 51% C0x Tokens are reserved for the ‘Community Reward’. Meaning, 51% of the ownership of C0x is for the community. Cryypto will instantaneously distribute 80% of its revenue to C0x holders.
In the future, C0x will be used for various operations on the site and will become the backbone of the platform. Buying and holding C0x will be a requirement for Cryypto’s white label partnerships in the future. Exchanges powered by Cryypto.com will require to hold a minimum 5,000,000 C0x in order to use the Cryypto platform.
Security of customer funds is the number one priority for Cryypto.com. Cryypto has employed several safeguards to keep client funds secure at all times. With third party audits, to server integrations tests, Cryypto employs top notch technology to keep hackers and prying eyes at bay. Cryypto has also partnered with world's leading Multisig wallet, Bitgo, with digital custody security.
- Multisig wallets
- 99% of funds stored in a cold storage facility
- Custodial assets insured for up to $100 million USD
- Internal and third party audits of wallets and funds
- DDOS attack protection and robust contingency plans
- Scalable trading platform with over 3 million transactions threshold per day
BUSINESS MODEL Cryypto.com is first and foremost a Token Trading Platform that focuses on the token trading niche. Demand for tokens, popularity of ICOs, and global increase in interest in the cryptocurrency space are perfect conditions for a Token Trading platform.
Cryypto will work with the top 300 cryptocurrencies and tokens to list them for trading on its platform. The community base of these 300 digital assets run in tens of millions.
Cryypto supports all blockchain utility tokens on its exchange. Startups and new players are invited to add their tokens on Cryypto.com for FREE. In the future, token listings will be managed by community vote on Cryypto.
With Cryypto’s Trans-fee Mining mechanism, it will give back 100% of the fee users spend on transactions back to its members in the form of C0x. C0x is the currency of Cryypto.
With state of the art token trading technology, Cryypto.com is highly scalable. With a proprietary trading engine, traders will experience a first class trading experience.
Cryypto.com will establish a decentralized token market in 2019 to cater the larger audiences worldwide. This will minimize compliance requirements and maximize platform efficiency in the long term.
To find more relevant details please follow several sources for the following references:
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=1045517;sa=summary
My ETH: 0xc57F5E28B98a12c8f4cC3f4C02d8B77546deF545
Cryypto.com ICO - Token Trading Platform with 80% Profit Sharing ✅
4/ 5Oleh Van HoenHaim