I liked their idea to use 50% as fee cut, and pondered on the value they are adding to the small market, which they said takes time and money.
Hi there and thanks for your comments!
The Nauticus 6-Pillar Financial Ecosystem will look as follows and feature the following benefits:
International Crypto and Fiat Currency Exchange:Launching August 2018
- The exchange will be the foundation platform for Nauticus's banking and eCommerce solutions
- Immediately trade Nauticus Coins with 100 crypto and seven fiat currencies (USD, EUR, JPY, HKD, AUD, ZAR, CNY)
- Scheduled to expand to more than 300 crypto and 16 fiat currencies when transaction volume allows
- State-of-the-art security system and with a low-exchange rate and fees (as little as 0.1 percent)
- Low-exchange rate and fees (as little as 0.1 percent)
- Support a million transactions per second
- Integrated with Nauticus Wallet and mobile app
- State of the art security system measures including multiple encryption, two factor and biometric authentication
- Simplified interface option for new crypto investors
- Sophisticated interface for active traders with the ability to design robots for automated trading
- Only 170 competitors worldwide and more than 100,000 new users signing up to exchanges each day
Blockchain Mining Center:Launching in 2019
- Providing enormous server capacity for Nauticus users
- Enables faster and cheaper transactions
- Generating revenue up to $59 million annually
- Supporting infrastructure in the developing world
- Partnerships with local governments for sustainability and economic growth
- Revenue reinvested to support further business development
- Energy efficient use of Antminer S9s (or whatever miner is most energy-efficient at the time)
Global eCommerce Marketplace:Launching in 2020
- Ultra-low fee marketplace
- Wide-range of goods and services
- Underpinned by Nauticus Coin
- Accepts all major crypto and fiat currencies
- Instant and secure payment system
- Easy-to-use mobile app
- Powered by Nauticus Exchange, wallet and payment systems
- Standard fees will be around 3 percent
- Fees as low as 0.1 percent for users with the best reviews
- Free transactions under the Nauticus Rewards program
- Blockchain verification of supply chain to drive ethical consumption
- Detailed rating and accountability system
- KYC of users
- One million users projected by mid-2020
- Revenue up to $13.7 million USD annually
Merchant Payments Platform:Launching in 2021
- Easy-to-use, low-cost solution for businesses of all sizes
- Contactless Point of Sale payments via NFC, QR, ApplePay and AndroidPay
- Merchants can accept the currency of their choosing (crypto or fiat)
- Settle payments instantly, rather than weekly or monthly
- Businesses can implement on existing digital shopfronts or on Nauticus Marketplace
- Analytics support for enterprises and governments
- Integrated with mobile app and Nauticus Exchange
- Transfer funds to banks, suppliers, family and friends
Global KYC Verification:Launching in 2022
- Nauticus to become a global leader in Know Your Customer (KYC) verification
- Single verification and Nauticus will provide your data to companies on request
- Users have full control of information and data sharing through the use of biometric authorization
- KYC prevents theft, money laundering
- Secure and unique identity verification
- Transparent records of access activity
- Free for users with more than 10,000 Coins under Nauticus Rewards
- No user information provided to third parties without authorization
- Includes global credit scoring system
ICO Gateway:Launching in 2023
- Establish resources for new ICOs
- Information Technology templates and code
- Financial and legal assistance
- Consultants specialising in marketing, media and HR
- Launch of an ICO register and quality seal of approval
- Develop comprehensive code of conduct requirements
- Supporting the [Suspicious link removed]munity and protecting investors
Hope this helps clarify the value we are adding to the marketplace! Thanks!