Cryptov8: ICO Review
Cryptov8 is a blockchain-based financial service. The platform is aimed to become a bridge between traditional banking system and cryptobanking. The project combines the advantages of these systems to create a convenient service for everyone.
Blockchain technology provides transparent and secure transactions and data protection. Participants can use unified wallets to manage both crypto and fiat asset and convert them.
The blockchain technology will also improve the customer experience, as it will act as an intermediary for various financial services, payments, and functions.
Additionally, the blockchain technology will improve how businesses that have collaborated with Cryptov8 transact with their users while at the same time securing and reducing the cost of transacting.
The platform utilizes machine learning and artificial intelligence technologies. The service is trying to make cryptocurrency more popular and increase its availability for average people.
Characteristics of Cryptov8
A number of benefits to customers holding the CRV8 token code are outlined below. This is not a complete list but provides the reader with an indication of how the token will be used to encourage and reward customers to enter the market and hold tokens.
Reward Points for Electronic Money Account holders, up to a maximum of 25% of the cryptocurrency fee will be used for this.
- Prepaid fee for electronic money transfer
- Easy and fast transfer between electronic money - "Atomic swap"
- Attractive exchange rates for electronic money transactions
- Account details Savings at preferential interest rates
- Savings fees
- Access to electronic money education materials and discounts on official courses from well-known education providers and industry experts
- A potential conversion in the future token dividend, meet the current regulatory requirements and favorable business conditions at that time.
Technology of Cryptov8
From the beginning, Cryptov8 recognized that the identification and control of customer journey as well as criteria for selecting technology and their evaluation process were made with these objectives.
Cryptov8 acknowledges that for many peripheral services and especially those associated with the electronic money market and Blockchain they will need to collaborate with a range of organizations to provide the best service and best value for their customers.
Thus, open banking and the use of Applications and APIs form an important aspect of the overall solution they build. As an example, they will need to integrate with many financial institutions who can provide much more attractive solutions to business problems or customers than Cryptov8 can self support.
Their open bank collaboration and use is fully supported by the Payment Service Directive 2 (PSD2) and the UK OpenBanking Initiative. Blockchain as a technology is built using the same principles. Cryptov8 believes by adopting this technology and regulation, it will enable them to provide the best service to the market.
Cryptov8 ICO Details
Token Information
Token : CRV8
Pre-ICO Price : 1 CRV8 = 0.0002089 ETH
ICO Price: 1 CRV8 = 0.0002646 ETH
Platform: Ethereum
Pre-ICO
14th July 2018 - 24th August 2018
Price = 0.0002089 ETH
1 ETH = 4,788 CRV8
Min. purchase = 0.1 ETH
Max. purchase = N/A
ICO
24th August 2018 - 20th October 2018
Price = 0.0002315-.0002646 ETH
1 ETH = 4,320 – 3,780 CRV8
Min. purchase = 0.1 ETH
Max. purchase = N/ASoft cap = 15,625 ETH
Hard cap = 156,250 ETH
Country = UK
Whitelist / KYC = Yes KYC & Whitelist
Prohibited = USA, China, South Korea
Cryptov8 Roadmap
Q3 2016
FCA approve a consumer credit license enabling us to provide personal loans and issue credit cards as well as carry out other consumer credit activities.
Q2 2017
Technology evaluation starts, full list of technology vendors considered.
Application process for full banking licence begins.
Q3 2017
Extensive market research completed to identify consumer preferences, market trends and competitor offerings.
Q1 2018
Regulatory Pre-Application Process.
Generation of Regulatory Business Plan.
Q3 2018
Banking platform vendor selected.
Full banking licence application submitted to the Prudential Regulatory Authority
Q1 2019
Full banking licence Authorisation with Restriction granted.
Crypto Wallet/Account Launch
Q3 2019
Full Banking Licence (without Restriction) granted.
Banking Services Launch.
Phase 1 to include:
- Current Account
- Savings
- Loan
- Business Lending
Q2 2020
Crypto Account Services Expansion
- Cryptomotiv8 (final features)
- CryptoG8 (own FIAT gateway/exchange)
For more information you can visit Cryptov8 site, use this links :
Website : https://www.cryptov8.com/
Whitepaper : https://goo.gl/CG9kYz
ANN Thread : https://bitcointalk.org/index.php?topic=4470298
Bounty Thread : https://bitcointalk.org/index.php?topic=4756576.0
Facebook : https://www.facebook.com/Cryptov8
Twitter : https://twitter.com/cryptov8
Medium : https://medium.com/@cryptov8ico
Telegram :https://t.me/Cryptov8Chat
My BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=1661835