What is Crypt-ON?
Crypt-ON is a P2P platform built on blockchain technology to provide safe and secure trades in cryptocurrency.
Crypt-ON is aimed at a wide range of users—from beginner crypto-enthusiasts and freelancers to investors and managers of blockchain projects. This is a place where people meet, make deals, get loans for their projects, exchange digital assets for money, and look for work or performers for their tasks, all by using cryptocurrency for payments.
The Crypt-ON platform provides users with access to 4 services:
Service to assist in secure trades through an independent arbitrator (escrow)
It provides the ability to conduct any type of secure trade using cryptocurrency. The insurance of transactions will serve as additional protection of interests of all parties.
Service to assist in finding and obtaining loans (P2P lending)
It provides the opportunity to borrow/lend in cryptocurrencies on mutually beneficial terms without the participation of an intermediary. The use of a rating system that determines the level of reliability of potential borrowers will reduce the number of defaults to a minimum.
Service to assist in finding employment/specialists (crypto-freelance job exchange)
It provides independent professionals in the field of the crypto industry the possibility of finding remote work, and companies or projects—the possibility of hiring such specialists. The parties can directly agree on the execution of various types of work, using the cryptocurrency in their calculations.
Service to assist platform members in P2P cryptocurrency exchange without mediators.
It provides users with the opportunity to exchange cryptocurrency for fiat money between themselves directly without the participation of an intermediary, using geotargeting to find contractors in their region.
Crypt-ON advantages
- When using the reputation token (Trust-token), displaying the trust rating/reputation of each participant will solve the issue of trust and improve the quality/safety of online transactions.
- An independent intermediary system (for this WhitePaper, called "Escrow") will ensure the security of transactions through the use of automatically generated smart-contracts. No off-chain and trust "on the word" – the code is the law.
- The low platform fees and the combination of various services within a single platform will contribute to the growth of the P2P transactions number, and increase the turnover of cryptocurrencies and the use of blockchain technology by representatives of various businesses, entrepreneurs, freelancers and novice crypto-enthusiasts.
- Volatility risks are reduced by using the stablecoin in the system of transactions made using the platform services.
Features
A new smart-contract is formed for each trade. smart-contract funds cannot be used for other purposes than to return to the sender or to transfer to the destination address.
Technologies and Instruments
The developed system includes three subsystems.
- The web service serves for direct interaction with the user through the web site and implements the admin panel, is a client for the backend service. Clients are also iOS and Android apps.
- Backend service provides wallets generation, balance checking, transfer operations, and reserve control, exchange rates obtaining and their aggregation, obtaining data, monitoring and notification of events.
- Smart-contract. When the platform is launched, smart contracts on the Ethereum blockchain will be used to work with the services. In the future, if appropriate, it is possible to switch to EOS or other blockchain smart-contracts.
Tokens emission and distribution
up to 20.000.000 tokens (10%)
Will be distributed among the members of the Crypt-ON team without the right to release them within next 6 months.
up to 20.000.000 tokens (10%)
Will be sent to the insurance fund.
up to 6.000.000 tokens (3%)
Will be distributed among the bounty campaign participants.
154.000.000 tokens (77%)
Will be distributed during the TGE.
ROADMAP
December 2016 - November 2017
Market research, concept development, building the team, registration of a legal entity
December 2017 - June 2018
MVP development
October 2018
Pre-TGE
October 2018 - January 2019
TGE
January 2019 - February 2019
Development and launch of services for secure execution of transactions (escrow service) and search for loans (p2p lending)
March 2019 - May 2019
Development and launch of services to assist in finding employment/professionals (crypto-freelance job exchange) and services for p2p cryptocurrency exchange without intermediaries
September 2019 - April 2020
Development of mobile app, supporting system functionality and DAO voting mechanisms
August 2019 - September 2019
Voting mechanism launch, arbitrator's primary election
June 2019 - July 2019
Decentralized platform management development
October 2019 - January 2020
Project full evolution into the DAO principles
February 2020 - May 2020
DAO evolving, election system development, DAO election
June 2020 - 2021
Project support and promotion
Team
Paul Andreev
CEO, Founder
Director of Investment-consulting company IPT LLC
Andrey Logunov
CTO
The chief architect of the project. Blockchain architect. Fullstack web-developer. Experience in IT-more than 10 years
Paul McGreen
Programmer, Data analyst
Specialist in ETL development and data visualization. Expert in mathematical and statistical modeling
Roman Cantarero
Business Development Manager
Technical Business Manager in Risk, Technology and Operations at Santader Bank. Graduated from Oxford University Blockchain Strategy Programme.
Archibald Kelman
Content Manager
Copywriter and SEO expert with 9 years of experience. Worked in blockchain.io, cnews, overclockers and audiomania
Ainagul
Mendagazieva
Technical support specialist
Advisors
Sergei Logvin
TGE Consultant
Cryptocurrency investor and expert Advisor. ICO analyst. Experience in blockchain economy for more than 4 years. Co-Founder of Rocketico.io
Dmitry Kin
Promotion Consultant
Specialist of Start-ups ideology and branding. Mentor of copywriters
Deepanshu Bhatt
TGE Consultant
TGE Investor & Advisor. Experience in blockchain marketing for more than 2 years. Bitcoin Evangelist.
Your name
blockchain advisor
fintech advisor
legal advisor
For more information, please visit the following link:
Website : https://crypt-on.io/
Facebook : https://facebook.com/CryptOnDAOsystem/
Twitter : https://twitter.com/Crypt__ON
Telegram : https://t.me/CryptON_ICO
Reddit : https://www.reddit.com/user/crypt-on
ANN Thread : https://bitcointalk.org/index.php?topic=3530713
Bitcointalk Username : bitcampaign
My Wallet : 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca
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