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Topic: [ANN] 🔥 CryptOcean - ecosystem, processing, exchange 🔥 - page 89. (Read 13543 times)

newbie
Activity: 182
Merit: 0
i think this is good project because have a very interesting concept and a good team to support this project for success. so I think this is a promising project
member
Activity: 490
Merit: 10

Interesting piece, highlights the benefits of investing in CryptOcean i read its the first its kind with no competitors. I'll be sure to purchase some CryptOcean token
Nice review and short intro. In this article they said we can this platform to pay bills, salaries and lot of other transactions wherever banks do. It is really nice concept.

Yep it’s all going to come down to adoption I’m hopeful for the team as they seem to have done a lot of legwork lining up the plan and roadmap and have a grasp of what difficulties may lie ahead hopefully they can get strong real world adoption and usage

Given they have achieved the soft cap they have made a great achievement. I think if they are able to provide a prototype of the plastic cards that would really take this to another dimension.
member
Activity: 532
Merit: 10

Nice write up and review. The breaking down was cool and well segmented too with the various headings. Thanks for sharing friend.
full member
Activity: 546
Merit: 106
Bountyhive.io

Interesting piece, highlights the benefits of investing in CryptOcean i read its the first its kind with no competitors. I'll be sure to purchase some CryptOcean token
Nice review and short intro. In this article they said we can this platform to pay bills, salaries and lot of other transactions wherever banks do. It is really nice concept.

Yep it’s all going to come down to adoption I’m hopeful for the team as they seem to have done a lot of legwork lining up the plan and roadmap and have a grasp of what difficulties may lie ahead hopefully they can get strong real world adoption and usage
newbie
Activity: 392
Merit: 0

Interesting piece, highlights the benefits of investing in CryptOcean i read its the first its kind with no competitors. I'll be sure to purchase some CryptOcean token
Nice review and short intro. In this article they said we can this platform to pay bills, salaries and lot of other transactions wherever banks do. It is really nice concept.
copper member
Activity: 658
Merit: 0
Empowering crypto w/ sustainable energy

Interesting piece, highlights the benefits of investing in CryptOcean i read its the first its kind with no competitors. I'll be sure to purchase some CryptOcean token
Thanks buddy, it is really nice review. I was not aware about that "users can exchange their funds in different currencies and load their debit or credit card by using crypto currencies or fiat money" and still more options in there.
newbie
Activity: 182
Merit: 0

Interesting piece, highlights the benefits of investing in CryptOcean i read its the first its kind with no competitors. I'll be sure to purchase some CryptOcean token
copper member
Activity: 280
Merit: 0
It is very impressive that during the private pre-sale the softcap has already been reached

In fact, 159% of softcap has been raised during this phase

Wow. This is amazing to hear and this is  a huge achievement for the team i expect to see more during the main sale..

Damn that is cool ! I am sure that the team was very happy with this news, and also for the early investors, because they got the tokens with bonus.

That should be stressed much. So now the light and soft cap are completed? we are only looking at the hard cap? the 159% equated to how much?

The soft  cap is completed for the PRIVATE PRE ICO(01.02.2018 - 28.02.2018).

Oh okay so there is a private pre-ico sale. Does that meant here are private investors inline? or is it for everyone who passes a set of requirements like a KYC? who participates in the private pre-ICO?

The Private Pre-ICO was held for private investors ready to invest in the project at the seed
stage (under the guarantees of the project founders, inspired by the idea and the core of the
project team).
full member
Activity: 994
Merit: 140
It is definitely interesting the way you want to integrate plastic crypto cards. It is not something that you usually see in these type of markets

Yeah, it's the first time i'm coming across it, if they successfully implement this it will surely make things easy for people especially those that aren't really conversant with Crypto trading, with the plastic crypto cards which is linked to your local bank account one can deposit and withdraw cash from your financial and crypto accounts in regular ATMs.

Yeah I think i have seen one carried out by a problem but unfortunately it was only used by the project president on demo, it never saw the light of the day, is cryptoOcean looking at doing a video of the plastic card when it is manufactured?

I think that is where they will have the advantage. If they focus on the cars and ATM it would really be something as of now there is a huge lack in such means where you can simply withdraw and deposit from an ATM. there is a huge gap between crypto and fiat.

This is the killer, making a nice connection between crypto and fiat from a cashpoint - that will be awesome I think it will come given amount of time once the market has stabilized a bit. When that will happen? I don't know.

I'm glad someone is seeing the bigger picture of what i've been talking about, when you talk about project that is offering something unique and beneficial, this is one of them, we've all wanted the people to embrace blockchain, well, this is one of such avenues that will propel that vision, all they have to do is stay focus and deliver what they promised

If I understood correctly, CryptoOcean is planning plastic card for crypto similar to what we have for Fiat currencies? This means CryptoOcean will act as gateway (like Visa) or only as a bank?

I believe so, the card can be used for all purpose, like a universal card for buying and selling, as stated on their whitepaper, so it will be like a gateway to purchase any cryptocurrency and get your conventional or fiat currency which can be transferred to your local bank account, the blockchain industry is trying to break that norm that they are just a virtual process but with upcoming projects like this, they are becoming more of a physical thing, which is lovely

This is actually a daring concept and tasking as well, what this does is that it will place blockchain in the map for good in the world as having real life applications and physical resources as well

How many tokens will this plastic card will support? Only CryptoOcean tokens or any tokens will do? How the conversion from one coin to other coin will be handled? I mean if I have CryptoOcean in my card and if vendor accepts only ETH then do I need to pay conversation charge?

Hello, Anilbg.

The users can make transfers of the cryptocurrency to the external crypto wallets, the fiat to the external accounts and the payment systems accounts. Also, the service can accept transfers of cryptocurrencies and the fiat from external services to the users' wallets. Internal transfers of the cryptocurrency and the fiat (under simple conditions), are carried out without commissions. External transfers may include a commission from both the service and the external payment systems. In the process of the transfer, funds can be automatically converted from one cryptocurrency into another or into fiat money at the internal (profitable) exchange rate.

The conversion of any of the TOP-100 main cryptocurrencies is carried out for. The automatic trading on crypto-exchanges provides getting the most favorable exchange rate and minimal commission for its users. Conversion can be carried out as a separate transaction - at the user's request, instantly while performing other transactions within the CRYPTOCEAN platform, for example, in the process of paying for goods or services.

The user can specify either a certain cryptocurrency or a wallet from which the funds for conversion will be withdrawn, as well as the group of ryptocurrencies, priorities, limits and withdrawal strategy. For example, first – to use up one cryptocurrency, then to switch to another, or to write off gradually in predetermined proportions).

When converting the fiat into cryptocurrencies and the cryptocurrency to the fiat, partner banks are involved. It is from their accounts that the fiat funds are received and credited. Both sides act in compliance with KYC & AML procedures occurs in accordance with the requirements of the legislation of those jurisdictions in which they operate.

Non-cash exchange of the fiat and the cryptocurrency may be carried out anywhere in the world with the access to the Internet and the bank account. For cash exchange, you will need to contact the bank's branch office or use an ATM and a crypto-card issued in partnership with CRYPTOCEAN.
The list of cryptocurrencies, exchange of which will be possible via CRYPTOCEAN, will constantly expand – to meet the demands of customers of the service and the market.

wow, that's a very detailed answer. I have a short question: Have you already signed contracts with banks? If so, may you already name the banks?
or at least in which countries have you already concluded contracts with banks?

We have a number of agreements with European banks and preliminary agreements, but unfortunately, now we can not disclose this information, it is our competitive advantage. If you are really interested in the fate of the project and ready to move with us, we are ready to meet, to sign the NDA and disclose the information in a more detailed way.


Of course, I understand that you do not want to give that advantage away and keep the banks secret.
Thank you for offering a meeting. Although I am very interested in the project and will invest as well, a meeting to get more detailed information will probably not be necessary.
I believe your statements that you have already made agreements with banks.
But if you are in Vienna sometimes, we can meet for a coffee and talk about the project:-)
member
Activity: 490
Merit: 10
It is very impressive that during the private pre-sale the softcap has already been reached

In fact, 159% of softcap has been raised during this phase

Wow. This is amazing to hear and this is  a huge achievement for the team i expect to see more during the main sale..

Damn that is cool ! I am sure that the team was very happy with this news, and also for the early investors, because they got the tokens with bonus.

That should be stressed much. So now the light and soft cap are completed? we are only looking at the hard cap? the 159% equated to how much?

The soft  cap is completed for the PRIVATE PRE ICO(01.02.2018 - 28.02.2018).

Oh okay so there is a private pre-ico sale. Does that meant here are private investors inline? or is it for everyone who passes a set of requirements like a KYC? who participates in the private pre-ICO?
copper member
Activity: 280
Merit: 0
It is definitely interesting the way you want to integrate plastic crypto cards. It is not something that you usually see in these type of markets

Yeah, it's the first time i'm coming across it, if they successfully implement this it will surely make things easy for people especially those that aren't really conversant with Crypto trading, with the plastic crypto cards which is linked to your local bank account one can deposit and withdraw cash from your financial and crypto accounts in regular ATMs.

Yeah I think i have seen one carried out by a problem but unfortunately it was only used by the project president on demo, it never saw the light of the day, is cryptoOcean looking at doing a video of the plastic card when it is manufactured?

I think that is where they will have the advantage. If they focus on the cars and ATM it would really be something as of now there is a huge lack in such means where you can simply withdraw and deposit from an ATM. there is a huge gap between crypto and fiat.

This is the killer, making a nice connection between crypto and fiat from a cashpoint - that will be awesome I think it will come given amount of time once the market has stabilized a bit. When that will happen? I don't know.

I'm glad someone is seeing the bigger picture of what i've been talking about, when you talk about project that is offering something unique and beneficial, this is one of them, we've all wanted the people to embrace blockchain, well, this is one of such avenues that will propel that vision, all they have to do is stay focus and deliver what they promised

If I understood correctly, CryptoOcean is planning plastic card for crypto similar to what we have for Fiat currencies? This means CryptoOcean will act as gateway (like Visa) or only as a bank?

I believe so, the card can be used for all purpose, like a universal card for buying and selling, as stated on their whitepaper, so it will be like a gateway to purchase any cryptocurrency and get your conventional or fiat currency which can be transferred to your local bank account, the blockchain industry is trying to break that norm that they are just a virtual process but with upcoming projects like this, they are becoming more of a physical thing, which is lovely

This is actually a daring concept and tasking as well, what this does is that it will place blockchain in the map for good in the world as having real life applications and physical resources as well

How many tokens will this plastic card will support? Only CryptoOcean tokens or any tokens will do? How the conversion from one coin to other coin will be handled? I mean if I have CryptoOcean in my card and if vendor accepts only ETH then do I need to pay conversation charge?

Hello, Anilbg.

The users can make transfers of the cryptocurrency to the external crypto wallets, the fiat to the external accounts and the payment systems accounts. Also, the service can accept transfers of cryptocurrencies and the fiat from external services to the users' wallets. Internal transfers of the cryptocurrency and the fiat (under simple conditions), are carried out without commissions. External transfers may include a commission from both the service and the external payment systems. In the process of the transfer, funds can be automatically converted from one cryptocurrency into another or into fiat money at the internal (profitable) exchange rate.

The conversion of any of the TOP-100 main cryptocurrencies is carried out for. The automatic trading on crypto-exchanges provides getting the most favorable exchange rate and minimal commission for its users. Conversion can be carried out as a separate transaction - at the user's request, instantly while performing other transactions within the CRYPTOCEAN platform, for example, in the process of paying for goods or services.

The user can specify either a certain cryptocurrency or a wallet from which the funds for conversion will be withdrawn, as well as the group of ryptocurrencies, priorities, limits and withdrawal strategy. For example, first – to use up one cryptocurrency, then to switch to another, or to write off gradually in predetermined proportions).

When converting the fiat into cryptocurrencies and the cryptocurrency to the fiat, partner banks are involved. It is from their accounts that the fiat funds are received and credited. Both sides act in compliance with KYC & AML procedures occurs in accordance with the requirements of the legislation of those jurisdictions in which they operate.

Non-cash exchange of the fiat and the cryptocurrency may be carried out anywhere in the world with the access to the Internet and the bank account. For cash exchange, you will need to contact the bank's branch office or use an ATM and a crypto-card issued in partnership with CRYPTOCEAN.
The list of cryptocurrencies, exchange of which will be possible via CRYPTOCEAN, will constantly expand – to meet the demands of customers of the service and the market.

wow, that's a very detailed answer. I have a short question: Have you already signed contracts with banks? If so, may you already name the banks?
or at least in which countries have you already concluded contracts with banks?

We have a number of agreements with European banks and preliminary agreements, but unfortunately, now we can not disclose this information, it is our competitive advantage. If you are really interested in the fate of the project and ready to move with us, we are ready to meet, to sign the NDA and disclose the information in a more detailed way.
copper member
Activity: 280
Merit: 0
It is very impressive that during the private pre-sale the softcap has already been reached

In fact, 159% of softcap has been raised during this phase

Where did you get these numbers from? If I look at the homepage, it says that they have taken $ 1 009 602.55 so far. That's one third of the lightcap and one fifth of the softcap
If the homepage is not up to date and you have a source for these numbers, I would like to see it

I think it started with the pre-sale funds already including in that figure.

This information is  about RPIVATE PRE ICO, you can find it here https://cryptocean.io/files/EN/Cryptocean.White%20Paper%20EN.pdf
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
It is very impressive that during the private pre-sale the softcap has already been reached

In fact, 159% of softcap has been raised during this phase

Wow. This is amazing to hear and this is  a huge achievement for the team i expect to see more during the main sale..

Damn that is cool ! I am sure that the team was very happy with this news, and also for the early investors, because they got the tokens with bonus.

Yeah, that's nice hopefully they can reach their softcap on the main sale.
What is the hardcap of the private pre-sale? and i am pretty sure they could reach the softcap in the main sale easily as they have smashed this one.

According to whitepaper 1,198,314,479 CRON tokens will be released to achieve a total sum of $10,000,000, this is quite fair and realistic in my own opinion
copper member
Activity: 280
Merit: 0
It is very impressive that during the private pre-sale the softcap has already been reached

In fact, 159% of softcap has been raised during this phase

Wow. This is amazing to hear and this is  a huge achievement for the team i expect to see more during the main sale..

Damn that is cool ! I am sure that the team was very happy with this news, and also for the early investors, because they got the tokens with bonus.

That should be stressed much. So now the light and soft cap are completed? we are only looking at the hard cap? the 159% equated to how much?

The soft  cap is completed for the PRIVATE PRE ICO(01.02.2018 - 28.02.2018).
jr. member
Activity: 406
Merit: 2
Hi Erik, it is really great that you are so active here and answer many questions.

I'm just reading on the homepage that you guarantee that the value of the CRON tokens will increase. Can you explain how this works?

Hello.

To ensure the interests of project investors are addressed and to expedite the growth of the price of the CRON token, the following measures are proposed:
The commission fees are charged in CRON tokens, which will ensure a constant growth of the tokens demand;
The tokens can be used to finance margin trading in the exchange;
50% of tokens collected for internal services will be destroyed on a monthly basis*;
30% of the collected commissions will be sent to support and develop the project;
20% of commissions will be sent to maintain the exchange liquidity of the token.

* - the tokens will be burned by transferring coins to the address of a special smart contract
guaranteeing the impossibility of their recovery. This will allow to generate a deflation model
of the token economics, a permanent decrease in the number of tokens with an increase in the
volume of services provided will ensure a proportionate increase in their price.

Thanks for sharing the information..it's good to see team members answering all queries. I like the way team decided to raise token value rather than just waiting for market to it.
copper member
Activity: 280
Merit: 0
Cryptocean are aiming at making the business fully legal and regulated which will allow company clients to be sure that platform are rendering legally safe long-term services.

Yeah they have to, if they are going to win peoples trust they need to make sure every single part of their business is legal

Quote
You can also order from us a classic plastic card (crypto card), issued together with our partner banks. It will enable you to deposit and withdraw cash from your financial and crypto accounts in regular ATMs using CRYPTOCEAN services, and also pay for purchases - goods and services – with cryptocurrency, as if you were paying with a usual bank card

This was referenced from an ICO review site, and I truly can't wait to see the progression with the plastic card, does anyone have any ETA on when this may be implemented? I think this will shine out to the other projects as I haven't seen this before.



Launch of the alpha version of cryptocurrency cards is scheduled on 27.07.2018, you can see this on the roadmap.
copper member
Activity: 280
Merit: 0
your soft cap is very high. $ 5 million, right? Tell me, what happens if you do not reach it? does the team have a plan for this?

I thought it was $25m for the softcap?

Darkoth89, I seen that light cap is 3000,000$ and softcap showing 5,000,000$. But what is the light cap and why they need it? About light cap I did not seen before this project.

Hi, ethtrader. Now it is quite a difficult time for ICO projects, cryptocurrencies and bitcoin are again at low rates, there are many projects in the market without a working idea and legal study but with a huge budget for marketing, so we have secured ourselves and divided our plans not into 2 stages - soft cap and hard cap, but into 3 stages:   Light, Soft and Hard. In all three versions, the project will be able to develop, but with different speed and power.

So that you mean to by using Light Cap concept it will take more easy raise funds? Another question is what will happen if they will reach Light Cap but not Soft Cap?

Thanks Erik Fox for reply. But same question I am also asking. If they reached Light cap target but if they got failed to reach softcap. Then what steps they will be taken by team?

Is that means even with lightcap, project will survive and move further without any issues? For this project, softcap is the lightcap and softcap is the added feather to it?

I think so, but they will do it in a different speed. Maybe it is going to take longer to complete their roadmap if they only get the light cap. Less the money less the speed.

Yes, you are right!
member
Activity: 350
Merit: 16
Cryptocean are aiming at making the business fully legal and regulated which will allow company clients to be sure that platform are rendering legally safe long-term services.

Yeah they have to, if they are going to win peoples trust they need to make sure every single part of their business is legal

Quote
You can also order from us a classic plastic card (crypto card), issued together with our partner banks. It will enable you to deposit and withdraw cash from your financial and crypto accounts in regular ATMs using CRYPTOCEAN services, and also pay for purchases - goods and services – with cryptocurrency, as if you were paying with a usual bank card

This was referenced from an ICO review site, and I truly can't wait to see the progression with the plastic card, does anyone have any ETA on when this may be implemented? I think this will shine out to the other projects as I haven't seen this before.

hero member
Activity: 1274
Merit: 646
It is very impressive that during the private pre-sale the softcap has already been reached

In fact, 159% of softcap has been raised during this phase

Where did you get these numbers from? If I look at the homepage, it says that they have taken $ 1 009 602.55 so far. That's one third of the lightcap and one fifth of the softcap
If the homepage is not up to date and you have a source for these numbers, I would like to see it

I think it started with the pre-sale funds already including in that figure.
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