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Topic: [ANN] [ICO] Kryptoro - Stay tuned - more news to share soon Update 12.10.2018 - page 2. (Read 404 times)

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Kryptoro - the world most user friendly cryptocurrency exchange

ABOUT KRYPTORO

Kryptoro is new cryptocurrency exchange with a fresh focal point, end user experience. We aim to bring you the same functionality and choice you’ve become accustomed to in the current exchange ecosystem, all with an extremely simplified, easy to use and beautifully presented interface.

In addition, we aim to bring users all the necessary resources they need, on platform, gone are the days of having multiple tabs opened made up of twitter, news articles and various metrics. Kryptoro will provide live news events, social media feeds and sentiment analysis for every asset we offer. Our aim is for our clients to wonder how they ever traded their digital assets without us.

Background information

Blockchain and cryptocurrency have undoubtedly been the buzzwords of the past year or two, and not without reason. From the introduction of the infamous whitepaper by Satoshi Nakamoto entailing the first DLT technology in 2009 to where we are today has been a monumental journey. The entire cryptocurrency market had grown from that point of inception to be valued at more than $1billion by 2013, and a mere four years down the fine, flirting with the $800 billion market capitalization mark, with the BI trillion market capitalization poised to occur shortly, according to multiple experts. Blockchain and Distributed Ledger Technology (DLT) have proven that they're not only here to stay but will continue to grow at this exponential rate in terms of user-ship.
 
Most estimates put the current active cryptocurrency users, by active BTC wallet addresses and exchange trading volume, at between 20 million and 30 million users. This alone should detail just how early or in its infancy this entire industry is. Considering the world population is around 7.6 billion people, if even just 1% of that would get involved in cryptocurrency, it would yield 76 million users, entailing the market in terms of users could easily grow another 100%-200%. We've seen this in action with some operational cryptocurrency exchanges having experienced user growth rates in the region Of 100.000 new users per day. If we now compare this to the potential users one would only have to look at active Facebook users to see how many people have access to necessary infrastructure, with that number being over 2 billion active users. This represents the minimum growth potential if mass adoption occurs.


PROBLEMS WE AIM TO SOLVE

  • Poorly scaling infrastructure
  • Complicated & daunting UI's
  • No / slow fiat transaction processing
  • Lack of support & education tools present on other platforms

WHY INVEST IN KRYPTORO?

Here at Kryptoro our team has over 12 years of experience in building technology products for a multitude of clients, from banks and financial service providers to museums and fast food outlets. We believe this puts us in the privileged position of knowing exactly what end users need.

Kryptoro will provide users all the resources they need to make investment decisions, right there on the platform! Having been actively involved in cryptocurrency trading from as early as 2012 we have managed to identify the shortcomings of previous exchanges and will ensure none of these present themselves in the Kryptoro Exchnage.

KRYPTORO (KTO) TOKEN

The Kryptoro (KTO) Token will play an integral part in the Kryptoro Exchange ecosystem. The token will function as the “gas” of the exchange, used to power all value related transactions, including but not limited to trading fees, token listing fees, value added services, subscription services etc.

  • Start
Start: 23 July 2018 10:00 (GMT+2)

  • Number of tokens for sale
25% : 25 000 000 KTO (Angel Investors and pre-sale)

50% : 50 000 000 KTO(ICO)

  • End
End: October 15 2018 10:00(GMT+2)

  • Tokens exchange rate
1 BTC= 13 324 KTO
1 ETH= 1050 KTO
1 USD= 2 KTO
1 KTO= 6,84 ZAR

  • Acceptable currencies
BTC, ETH, ZAR, USD

  • Minimal transaction amount
0.1 ETH

ROAD MAP

July 2018
Conclude pre-sale and commence the ICO for KTO Tokens

September 2018
The KRYPTORO Exchange will go LIVE!!

November 2018
Rollout of first additional features on the platform, Bull Run and Trading analysis tools

December 2018
Set up holding companies and accounts in Dubai and Nigeria to establish Dirham and Naira base pairs

January 2019
Release of additional fiat and crypto pairs on the KRYPTORO Exchange

April 2019
First KTO Token repurchase and token burn will take place

Kryptoro Exchange

In designing the Kryptoro cryptocurrency exchange we will use our wealth of experience and resources available to create a cryptocurrency exchange with a fiat-based pairs and purely crypto pairs. Our vision is to create a cryptocurrency exchange that exhibits all the features and functionality of your high-end cryptocurrency exchanges with the simplicity of use and visually pleasing interface that new users to the industry so desperately require.

Features:

FIAT-BASED PAYMENT GATEWAY

We have implemented both instant EFT funcionality and credit card payments into our exchange ensuring users have the simplest means and shortest time delay when converting their fiat to cryptocurrencies. Upon launch we will only have ZAR as a base fiat currency but express a definite interest in expanding these using the funding from our ICO.

CRYPTO-CRYPTO TRADING

Upon launch we will have 5/6 cryptocurrencies, of which a specific number will be crypto-fiat pairs and a a specific number will be crypto-crypto pairs. We do express interest to expand the number of both pairs in the future as per consumer demand.

EXCHANGE WALLET HOLDING

All cryptocurrencies offered for trading on the KRYPTORO platform will have wallets on the platform to store those respective cryptocurrencies.

MULTPLE DEVICE COVERAGE

The Kryptoro Exchange will be available for use on the following polatforms:

- Web-Based Trading Client
- Android Native Client
- iOS Native Client
- REST API


The Kryptoro cryptocurrency exchange will generate revenue in the following order:

Exchange fees:
Kryptoro's initial trading fee structure will be comprised of a maker and taker fee ranging from 0.15% to 0.5%. We express no interest in having fees any higher than this.

Fiat Administration Fee:
For the handling of fiat-based transactions

Listing Fee:
We will charge coins that list on our platform a one-time listing fee, however this is not part of the criteria we use in establishing what coins to list, that process is based on consumers demand and individual merits of the respective coins.

Withdrawal fee:
We will charge withdrawal fees for cryptocurrency and fiat withdrawals.

Analysis Subscription fee:
Kryptoro will make available predictive analytics generated by the Krypteum AI platform, for a small monthly fee.

Other fees:
We may charge additional fees which will not be mandatory, but for value added services offered by the platform in the future.

KRYPTORO Coin (KTO)

The Kryptoro coin will be a utility token on the Kryptoro exchange. The Kryptoro (KTO) coin is an ERC20 token which runs on the Ethereum blockchain and adheres to all ERC20 token standards. It will function as the gas for the Kryptoro exchange and users can opt to pay fees using the coin which will offer them a significant discount on trading fees. In addition all value added services and listing fees will have to be paid for using the KTO token.

Token metrics

Total supply - 100 000 000

Allocation:

50% - ICO - 50 000 000 KTO
25% - Team & founders - 25 000 000 KTO
25% - Angel investors and Equity purchasers - 25 000 000 KTO


Repurchase plan and token burns:

Kryptoro will perform a bi-annual KTO token repurchase, using 10% of net profits generated for that period. After the repurchase the token will be burned, subsequently reducing the circulating supply and in theory increasing the value of KTO tokens in circulation. Kryptoro will perform these bi-annual repurchases and token burns of KTO tokens until the circulating supply of tokens is reduced to 50% of the total supply i.e 50 million KTO tokens.

TEAM:

Name: Priven Reddy
Position: CEO & Founder
Bio: Experienced Chief Executive Officer with a demonstrated history of working in the information technology and services industry. Skilled in Blockchain development, ERC20 TOKEN creation, Machine Learning, PHP, Strategic Partnerships, Artificial Intelligence, DEEP LEARNING, Parallel Algorithms, and Mobile Applications. Strong entrepreneurship skills.
LinkedIn: https://www.linkedin.com/in/priven-reddy-57b6b51b/

Name: Lizwi Khanyile
Position: Full Stack Web Developer
Bio: Brand development, web site traffic growth, web site UI and advertising revenue. Developed brand strategy and statistics systems.Comprehensive database management and migration from SQL to Oracle.
LinkedIn: https://www.linkedin.com/in/kwenziwa-lizwi-khanyile-698635120/

Name: Brenton Naicker
Position: Head of Strategies Division
Bio: Creating various types of strategies that will benefit the ultimate goal of the project. Techniques that we utilize for this specific project are very advanced and modern and has shown great potential into future development.
LinkedIn: https://www.linkedin.com/in/brenton-naicker-6b1789158/

Name: Yevhen Bilous
Position: Blockchain Developer
Bio: Working Onsite and Offshore, with multicultural teams with expertise in project life cycles, planning, executing, controlling and closing projects.
Blockchain projects:
-ICO consulting projects
-Crowd sales smart-contract development
-Utility token smart-contract development
-Consulting services
LinkedIn: https://www.linkedin.com/in/eugenebelous/

Name: Eric Vanderveer
Position: Cyber Security Specialist
Bio: My main duties are to oversee the counties network infrastructure, manage and maintain security and make sure all computers and servers are up to date and functioning. I also work with the counties IT budget and keep an ongoing relationship with software vendors.
LinkedIn: https://www.linkedin.com/in/ericvanderveer/

For further and more targeted information, please visit our website: https://kryptoro.com/; or follow us on Social Media:

Facebook: https://www.facebook.com/KryptoroExchange/?ref=bookmarks
Twitter: https://twitter.com/Kryptoro_Exch
Reddit: https://www.reddit.com/user/kryptoroexchange


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