CryptoKami the new 3rd generation blockchain infrastructure for global financial services. The CryptoKami platform is like the Ethereum platform but is only intended for use by third parties in the financial sector. Financial services organizations launch their ICOs and operate based on the open source Cardano with two CryptoKami’s inventions created third-generation POS blockchain named CryptoKami with its KAMI tokens.
Additionally, CryptoKami operates on its own behalf like the US Federal Reserve (FED). This is a core technology of CryptoKami, it distributes and regulates KAMI Tokens under the principle of a Compulsory Reserve Mechanism based on the Comreme Algorithm (CryptoKami ‘s invention) through a Regulatory Contract (CryptoKami’s invention).
Therefore, CryptoKami acts as a central bank, and financial services organizations operate based on the CryptoKami platform which acts as commercial banks. CryptoKami issues and regulates the total number of KAMI tokens ( is limited to 210 million) under the Compulsory Reserve Mechanism based on the Comreme Algorithm through the Regulatory Contract, so it is a third-generation infrastructure blockchain for financial third parties and end users.
DAICO TAP MECHANISM
DAICO will launch a smart contract in the contribution mode. The DAICO contract has a mechanism for individuals to contribute capital to the project in exchange for specific network tokens.
When the crowdsale finishes, the contract will not allow anyone to contribute, i.e., it will allow only normal token sales. The Tap Mechanism will continue to be effective after the capital contribution period ends. Tapes in the contract can be programmed to pre-determine the amount (per second) the development team can collect from the token sale.
Initially, the limit is set to 0 but then the investor can vote for an enhanced tap decision.
Thus, the Tap Mechanism is only valid until the total amount contributed to the project is fully used or is automatically returned to the contributors.
COMPULSORY RESERVE MECHANISM
(KAMI tokens & KAMIs tokens and the Compulsory Reserve Mechanism base on Comreme Algorithm via a Regulatory contract ) CryptoKami creates KAMI tokens and KAMIs tokens. Contributors not only hold KAMI tokens but also KAMIs tokens to represent additional power and financial interests, i.e., the holders of KAMIs tokens have the right to vote on organization/company decisions.
These two tokens are the two protocols that create the next token pair for subsequent ICOs on the CryptoKami platform. ICOs will follow a pattern based on pairs of tokens provided by CryptoKami the API and, as stated previously, must comply with the Compulsory Reserve Mechanism under the Comreme Algorithm via a regulatory contract in order to function as an effective anti-scam mechanism protecting the project owner and contributor community throughout the life of the company or organization.
Vitalik Buterin’s DAICO concept launched in January 2018 and the CryptoKami project began in 2017. DAICO is similar to the CryptoKami platform, and both create a more secure and responsible ICO environment. However, it seems that CryptoKami is a more complete solution, and a more consistent and longer-term strategy.
For more information please visit:
Telegram Channel: https://t.me/cryptokamichannel
Telegram Group: https://t.me/cryptokami
Author: Crator Touch
BCT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1612381