Crypt-ON - Multipurpose blockchain platform for business and life

We are not the first and won’t be the last to use blockchain technology for business, investment, job search capabilities. Many make attempts to unite different social institutions. Some have a fairly well developed financial, biometric and accounting systems, but their main goal is to create universal banks based on modern blockchain technology. We have developed a unique, non-financial eco-system for the crypto-world, utilizing a platform where a person will interact with a person without the need of intermediaries. Our environment unites the labour exchange platform, a service of assistance in the exchange of cryptocurrency and investments creates the attraction of our system. We have eliminated the need for intermediaries, globally.

The Trust- token (reputation token) helps to rank the reputation of the system members. This will allow you to keep actions data, recording the results of transactions, reviews, etc. All of this would affect the user’s rating. The trust token will solve the issue of trust and improve the quality of transactions conducted online. It's not an I-Point. I-Point (IPT) are tokens that will be issued during TGE, and a Trust-token is a non-financial token for storing an encrypted reputation data. It is planned to release 160 000 000 I-Point tokens that will be used in the project. The number of Trust-tokens will be equal to the user’s number of I-Point tokens purchased.

DAO is the ultimate goal of the project. This is an economic model of cooperation in which we see the future. Decentralized Autonomous Organization does not need vertical management, as do traditional financial and public institutions. The use of cryptocurrencies will make the Crypt-ON platform independent from the external economic conditions of different countries, and all major decisions will be made by the token-holders of the project, in an honest, transparent and equitable manner. This will give Crypt-ON members more control over their investments and greater confidence in the project.

External stablecoin with pegging will be used to reduce the level of volatility in Secure Trades and investment attraction (p2p loans). As a partner of our service, we will select the stable token that will maintain stability through the cryptomarket mechanisms, but not through physical world guarantees. For example, using automatic blockchain based’ emission and remission of tokens due to the courses changing.

This is an assisting p2p cryptocurrency exchange service with region binding. The parties position will be based on the geolocation data from the mobile app. In this way you can choose the nearest seller and verify the seller’s authenticity. At the time of placing the announcement by the seller, the system also checks the buyer’s account to verify the necessary funds for the transaction are in place.

We do not conduct transactions, but provide a platform that helps to conclude a transaction between the parties. It isn’t our responsibility to verify the funds, that is the responsibility of the two parties. The parties conduct the trades. We are simply a non-participating, third party in the smart contract. In case of non-compliance, we will help to arbitrate, analyze and enforce the terms of the smart contract in favor of one of the parties. This is honesty and this is DAO. Code is law!

Any system user will be able to borrow cryptocurrency from another user, regardless of the region of residence. Over time, the base of lenders and borrowers with a positive reputation will be formed, and this will reduce the percentage of bad debts that are possible, but the use of the rating system (Trust-token) and the smart contracts will minimize the non-refunds number.