And again, Hi there, dev!
Kratos MVP very looks like the complicated and updated auction platform. Who will the sellers of commodities and what about the regulations? Could we deposit fiat money directly to the platform in the future?
Best wishes!
To set the record right, KRATOS is not an auction platform.
We are NOT A TRADING EXCHANGE but AN ECOSYSTEM FOR COMMODITY TRADING INDUSTRY. The key stakeholders of the platform will be buyers, sellers, traders, shippers, logistics companies, port authorities, quality assurers and financiers.
In a trading process, every trader is a buyer and a seller both. We will also be onboarding the direct producers who will then act as sellers on the platform. Regulations are as the Singapore Government as we are based here. But for individual trades, the trading parties will determine their terms and conditions as per their local regulations.
We are a marketplace facilitating interactions between various players of this industry.
KRATOS will only use TOS tokens for transactions. The interested parties can convert fiat money to tokens at the exchanges.