Capverto ICO Review — Banking for the Future

 

CAPVERTO Exchange is a digital currency, based on a versatile utility token that greatly extends the basic advantages of cryptocurrency through a design directly addressing the needs of populations most frequently excluded from banking. It delivers a multifaceted bank-like experience, centered on a prepaid card, that is as easy to use as logging onto a fast, well-designed website. At the same time, the pivotal CAPVERTO Token (CAP) at its core supports advanced features such as a cash back system, peer-to-peer (P2P) monetary exchange, a digital currency trading platform, and an innovative cryptocurrency insurance product. In the course of normal use, all of these features influence the underlying value of the CAP, distinguishing it a uniquely flexible amenity for the unbanked and underbanked.

About Capverto

Inclusive banking systems are engines of economic growth and poverty reduction. Without access to the full spectrum of banking services, unbanked populations must resort to outlets like microcredit networks and payday lenders to fulfill their financial needs, despite the high interest rates, steep fees and limited overall flexibility of such options. The unbanked need fairer, more flexible alternatives.

Cryptocurrencies hold considerable promise in these respects. They do not require the complex infrastructure and  bureaucracy of traditionally centralized finance, nor do participants in their ICOs need to possess extensive financial histories or travel in person to any branch offices – both common barriers for unbanked individuals. Participation is often as straightforward as passing a few security verifications to open an online account, and it comes with the central benefit of fewer and lower transaction fees.

To date, digital currencies have gained traction by decentralizing and simplifying the financial tasks that once passed exclusively through traditional institutions and, in the case of payment card use, were costly because they required multiple parties to process. However, these projects have not yet specifically targeted the needs of the unbanked/underbanked.

CAPVERTO Exchange is offering an ICO targeting the unbanked/underbanked, ensuring they have opportunities to harness the unique benefits of cryptocurrency. It bridges the worlds of fiat money and cryptocurrency by combining an international prepaid card program linked to innovative banking and trading features centered on the CAP utility token.

All CAPVERTO Exchange features influence the value of CAP, meaning its price is a reflection of productive activities rather than uninformed speculation. Assets within CAPVERTO Exchange may also be protected with cryptocurrency insurance.

Prepaid Card Program

CAPVERTO prepaid cards are bridges between fiat money and cryptocurrency. Each cardholder receives an amount of CAP utility tokens corresponding to the tier of the card purchased, starting at $100 for the basic blue card. Like a regular payment card, the CAPVERTO card can be used for in-store and online purchases, while up to 2 percent of every transaction is reinvested into CAP, influencing the token’s value. There is also a full-fledged rewards system enabling direct discounts at affiliated merchants.

Secure P2P Lending and Borrowing:

CAPVERTO Exchange is a platform for secure and convenient P2P transfers. Instead of simply holding onto cryptocurrency and hoping it will appreciate, individuals and organizations can lend up to half the to-date value of their assets and collect interest on it. Annual interest rates are 8 percent and the amount is paid instantly to the lender. Meanwhile, borrowers benefit from not having to rely exclusively on traditional financial institutions.

Copying trading platform:

CAPVERTO makes it easy to follow and copy the trades and portfolios of others. Copy trading gives new participants an easy way to get started, while also affecting the value of the CAP token. Ten percent of the profit from each copy trade is automatically deducted and split between the original trader and CAPVERTO Exchange, which in turn reinvests it in CAP. Together with the other influences on CAP such as the transactions from the card program, copy trading ensures the token’s value accurately reflects productive activity on CAPVERTO.

PLATFORM COMPETITIVE LANDSCAPE 

Token Distribution

Token info

Token: CAP

Platform: Ethereum

Type: ERC20 PreICO

price: 1 CAP = 1.66 USD

Price in ICO: 1 CAP = 1.82 USD

BONUS

2% referral bonus.

Tokens for sale: 171,375,000

Token details:

Token : CAP
Price 1 CAP = 1.82 USD
MVP/Prototype : Available
Platform :Ethereum
Accepting :ETH
Soft cap :1,125,000 CAP
Hard cap: 171,375,000 CAP
Country :Denmark
Whitelist/KYC :KYC & Whitelist

RoadMap

Q4 / 2017

The concept is born.

Q1 / 2018

The concept is in development.

Q2 / 2018

Private sale of CAP Tokens.

Q3 / 2018

Public sale of CAP Tokens.

Q4 / 2018

Security and performance test. Launch of the official Capverto Platform.

Q1 / 2019

Launch of app to iPhone and Android.

Q2 / 2019

Launch of Whitelabel solution.

Q4 / 2019

Launch of Merchant payment solution.

Team

Project Summary

CAPVERTO Exchange is offering an ICO targeting the unbanked/underbanked, ensuring they have opportunities to harness the unique benefits of cryptocurrency. It bridges the worlds of fiat money and cryptocurrency by combining an international prepaid card program linked to innovative banking and trading features centered on the CAP utility token. All CAPVERTO Exchange features influence the value of CAP, meaning its price is a reflection of productive activities rather than uninformed speculation. Assets within CAPVERTO Exchange may also be protected with cryptocurrency insurance.

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#MY information#

Username : Sonia3424

Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile

ETH address : 0x3FB5ef56EF81cf205e65C1E6570E8c7e9bD572fe

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offline 11 months

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Comments: 1Publics: 46Registration: 27-10-2018
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