✅ [ANN] [PRE-SALE] KRATOS - Blockchain Solution for Physical Commodities Trading - page 20.

serggg

full member

Activity: 686

Merit: 101

Quote from: Iamlegit4sure on September 06, 2018, 10:13:33 AM

I have another question, and please I am sorry if this sounds stupid, but I am not a super expert on cryptocurrencies. Sine aKratos will be an erc20 token, every transaction will require gas, right? And max transaction per seconds will be dependent on the ethereum blockchain network capacity, right? Will this affect somehow Tha aKratos ecosystem?

It's my opinion. When the project chose ETH as the standard for its token, he agreed to the terms that are present on the network. Of course you have to pay fees. The speed of transactions on the air is quite acceptable for the purposes of the project.

Iamlegit4sure

member

Activity: 350

Merit: 10

💲

I have another question, and please I am sorry if this sounds stupid, but I am not a super expert on cryptocurrencies. Sine aKratos will be an erc20 token, every transaction will require gas, right? And max transaction per seconds will be dependent on the ethereum blockchain network capacity, right? Will this affect somehow Tha aKratos ecosystem?

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

I see that Kratos community is very strong. There is a lot going on among all channels. I see that Reddit is updated frequently and there is plenty of new posts and discussion every day. This is all very good and shows a big support for Kratos team. The community is a fuel for each ICO.

Iamlegit4sure

member

Activity: 350

Merit: 10

💲

I like a lot the fact that the Kratos team is focusing on transparency, when talking about their project. Only a few crypto companies are transparent

Arkratos

newbie

Activity: 124

Merit: 0

Quote from: dmty.0809 on September 05, 2018, 11:30:41 PM

When does the Kratos coin enter the exchange? in the suggestion, it is included in a large exchange, such as binance, bittrex, livecoin.

Kratos coin will enter exchange after ICO, yes it will be on few of the top exchanges

dmty.0809

sr. member

Activity: 756

Merit: 250

When does the Kratos coin enter the exchange? in the suggestion, it is included in a large exchange, such as binance, bittrex, livecoin.

Arkratos

newbie

Activity: 124

Merit: 0

Quote from: wwzsocki on September 05, 2018, 11:36:57 AM

Exactly, is really hard to follow this explanation. I think the best way to understand the system will be when it would work and we see live how it works. I hope this will be a good working solution with high transparency and efficiency.

Here's the link to our Tokenomins paper. The concept of TCR has been explained in detail. https://kratospct.io/pdf/Tokenomics.pdf

Do let me know in case u have any queries.

Arkratos

newbie

Activity: 124

Merit: 0

Quote from: Shuman on September 03, 2018, 05:44:59 PM

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.

Arkratos

newbie

Activity: 124

Merit: 0

Quote from: Haekat on September 03, 2018, 09:37:14 AM

I agree, a lot of useful information, the team did a good job. Tell me on which exchanges your token will be presented?

trade.io and bancor network have been officially announced. Paperwork in process for the other 4.

Arkratos

newbie

Activity: 124

Merit: 0

Quote from: qaraneum on September 04, 2018, 03:25:57 PM

As the presale ended. Can you give us information about the funds raised at the presale? I have checked out ICO rating sites but could not find any information.

We will be sending out an official communication this week.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: GraBitCoin on September 05, 2018, 06:27:14 AM

Quote from: serggg on September 04, 2018, 09:07:44 PM

Quote from: Arkratos on September 02, 2018, 11:38:42 PM

Quote from: serggg on September 02, 2018, 10:07:21 AM

Please answer my question. Is this reward significant, will this be an additional reason for keeping the token? Or is the amount so small that it can be neglected?

The significance of the reward will be significant but dependent on:
1. A number of curators participating in the curation process. There is a minimum cap but not an upper one
2. Count of majority decision makers - Denominator for the split

Consider a scenario where the number of curators us very little, let's say 10 and 6 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 10*100)/6 = 333.3
for a no-decision: (600+ 10*100)/6 = 266.6

Now Consider, if there are 100 and 51 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 100*100)/51 = 215
for a no-decision: (600+ 100*100)/51 = 207

Thanks for the detailed explanation. I realized that this is a good reason for keeping the token and voting on the transaction. Obviously, if a person does not hold tokens, he can not be called to vote.

I did not understand anything from these explanations. You need to translate into your own language and try to understand the formula.

Exactly, is really hard to follow this explanation. I think the best way to understand the system will be when it would work and we see live how it works. I hope this will be a good working solution with high transparency and efficiency.

GraBitCoin

full member

Activity: 630

Merit: 111

Quote from: serggg on September 04, 2018, 09:07:44 PM

Quote from: Arkratos on September 02, 2018, 11:38:42 PM

Quote from: serggg on September 02, 2018, 10:07:21 AM

Please answer my question. Is this reward significant, will this be an additional reason for keeping the token? Or is the amount so small that it can be neglected?

The significance of the reward will be significant but dependent on:
1. A number of curators participating in the curation process. There is a minimum cap but not an upper one
2. Count of majority decision makers - Denominator for the split

Consider a scenario where the number of curators us very little, let's say 10 and 6 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 10*100)/6 = 333.3
for a no-decision: (600+ 10*100)/6 = 266.6

Now Consider, if there are 100 and 51 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 100*100)/51 = 215
for a no-decision: (600+ 100*100)/51 = 207

Thanks for the detailed explanation. I realized that this is a good reason for keeping the token and voting on the transaction. Obviously, if a person does not hold tokens, he can not be called to vote.

I did not understand anything from these explanations. You need to translate into your own language and try to understand the formula.

serggg

full member

Activity: 686

Merit: 101

Quote from: Arkratos on September 02, 2018, 11:38:42 PM

Quote from: serggg on September 02, 2018, 10:07:21 AM

Please answer my question. Is this reward significant, will this be an additional reason for keeping the token? Or is the amount so small that it can be neglected?

The significance of the reward will be significant but dependent on:
1. A number of curators participating in the curation process. There is a minimum cap but not an upper one
2. Count of majority decision makers - Denominator for the split

Consider a scenario where the number of curators us very little, let's say 10 and 6 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 10*100)/6 = 333.3
for a no-decision: (600+ 10*100)/6 = 266.6

Now Consider, if there are 100 and 51 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 100*100)/51 = 215
for a no-decision: (600+ 100*100)/51 = 207

Thanks for the detailed explanation. I realized that this is a good reason for keeping the token and voting on the transaction. Obviously, if a person does not hold tokens, he can not be called to vote.

qaraneum

newbie

Activity: 254

Merit: 0

As the presale ended. Can you give us information about the funds raised at the presale? I have checked out ICO rating sites but could not find any information.

dmty.0809

sr. member

Activity: 756

Merit: 250

With the mission that we have created, hopefully we can make many benefits for trading that are more transparent and cheaper, simple and reliable.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

I don't know if Op started to report this junk posts but I don't see spammy comments anymore. This is very good of course and I hope that spammers left this thread in peace after almost all their garbage posts were deleted. Deleted on time means not paid of course and this is the main pain they filling right now.

Spammers can ruin every ANN thread and reputation of the project. I like that Kratos team heard take our suggestions seriously and now we have a place to discuss Kratos.

Shuman

member

Activity: 364

Merit: 41

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!

Iamlegit4sure

member

Activity: 350

Merit: 10

💲

Quote from: wwzsocki on September 03, 2018, 03:24:50 AM

Finally, this thread looks good and there is a lot of information about Kratos project. Real discussion, no spam, active OP or somebody from the team. This is how a quality ANN thread looks like and I have to say that few last pages are worth to read. I hope that this will stay this way and every time I come here I would be able to find something interesting not a ton of spam.

I totally agree. Good measures were taken. I think that the Kratos manager contacted a bitcointalk forum moderator to do some season cleaning 🤣

Haekat

full member

Activity: 294

Merit: 100

I agree, a lot of useful information, the team did a good job. Tell me on which exchanges your token will be presented?

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Finally, this thread looks good and there is a lot of information about Kratos project. Real discussion, no spam, active OP or somebody from the team. This is how a quality ANN thread looks like and I have to say that few last pages are worth to read. I hope that this will stay this way and every time I come here I would be able to find something interesting not a ton of spam.

Topic: ✅ [ANN] [PRE-SALE] KRATOS - Blockchain Solution for Physical Commodities Trading - page 20. (Read 12110 times)