P2P DAO SYSTEM
4 steps on the way to DAO
CREATING AN ECOSYSTEM
Developing various services within the platform, we strive to create a global workspace for all participants of the crypto industry – from freelancer to investor, providing them with simple and useful tools to perform a variety of tasks.
BUILDING A BUSINESS
By offering users convenience and security, by promoting our services on various platforms and gradually implementing a strategy for partnerships development, we plan to build a business that will make DAO participants of the DAO successful.
MIGRATION TO OWN BLOCKCHAIN
As part of the platform’s move to decentralized management, we intend to transfer all services and databases to our own blockchain with high capacity and consensus algorithm that allows implementation of DAO concept, providing equal opportunities for all community members.
BUILDING A COMMUNITY
Unlike many aggregators and marketplaces, we do not perceive users as a customer base, but rather as members of the future decentralized community interested in the development and prosperity of the platform.
Crypt-ON is a single infrastructure solution for cryptocommunity
MAKE SECURE TRADES IN CRYPTOCURRENCY
Crypt-ON helps both buyers and sellers to make trades using smart contracts easily and safely anywhere around the world.
EXCHANGE CRYPTOCURRENCY FOR FIAT AND BACKWARD
Crypt-ON allows people from different countries to exchange cryptocurrency for fiat using geolocation search
BORROW AND LEND CRYPTOCURRENCY ON FAVORABLE TERMS
Crypt-ON allows users to issue p2p loans between each other, assessing the credit quality of your counterparty using trust token (cryptographically protected reputation)
ATTRACT NEW EMPLOYEES OR FIND YOUR DREAM JOB
Crypt-ON will be the place where professionals can easily find themselves in new interesting projects.At the same time companies and startups will attract new specialists to the team.
Crypt-ON’s main goal is not only to solve current problems when making cryptocurrency p2p transactions, but also to create a global workspace for crypto enthusiasts from around the world.
Technologies and Instruments
Cryptographically secure rating of user trust containing records of all his operations on the platform.
Special reserve fund will be created to protect users’ interests. Its main goal is to guarantee all obligations and it will be replenished by fees from transactions.
A single computer algorithm that guarantees transactions and automatic execution using all platform services.
The use of stablecoin, not affected by high volatility of crypto assets, will serve as an additional protection to the interests of participants.
In case of disputes, the arbitration system is used to resolve the contradictions. Its mechanism will be evolving and improving, trying to reach maximum decentralization.
To ensure the fair growth of participants’ reputation (trust rating), a special mathematical algorithm will be used to eliminate cheating.
i-Point token multifunctionality
i-Point token is a fuel of Crypt-ON economics. Its multifunctionality will ensure a natural demand from all platform users – from freelancers to large investors.
Part of the platform revenue will be used as a return to i-Point token holders as a certain percentage of the cost of the operations performed by them.
Trade insurance available only for i-Point transactions
Rating is accrued with higher coefficient when transaction in i-Point
Fees are reduced by 50% when transacting in i-Point
The only means of payment for transactions on the crypto freelance job exchange
Participants can vote on platform development paths (participants with positive i-point balance)
Ability to fully fix the transaction amount in USD when transacting in i-Point
Tokens emission and distribution
200.000.000 tokens (100%)Will be issued during TGE and they will be used according to whitepaper.
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.
5% Platform operational costs
5% Legal support
5% transition to decentralized management costs
5% Remuneration to project mentors
20% Marketing and promotion costs
50% Improvement of the project IT-solution and its launching
December 2016 – November 2017
Market research, concept development, building the team, registration of a legal entity
December 2017 – June 2018
October 2018 – January 2019
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
June 2019 – July 2019
Decentralized platform management development
August 2019 – September 2019
Voting mechanism launch, arbitrator’s primary election
September 2019 – April 2020
Development of mobile app, supporting system functionality and DAO voting mechanisms
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
For More Information Click Link Bellow:
- Website: https://crypt-on.io/
- Whitepaper: https://drive.google.com/file/d/1ItcfVNhOnSiXhRlf-OIAjZDSnfJuIS66/view
- ANN Thread: https://bitcointalk.org/index.php?topic=3530713
- Telegram: https://t.me/CryptON_ICO
- Facebook: https://facebook.com/CryptOnDAOsystem/
- Twitter: http://crypt__on/
- Medium: https://medium.com/@Crypt__ON
Author: Yuni comel
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1350925