CryptoKami is a decentralized backup system that will be similar to the Ethereum platform, but it is intended only for third parties employed in the financial sector.
The platform developed its own regulatory contracts and a forced backup mechanism based on the platform developed by the team of the algorithm Comreme. The platform will operate as an open resource with its tokenized ecosystem based on the third generation POS blockchain and will, in fact, be similar to the US federal reserve system.
On the Comreme algorithm, it can be said that it is really aimed at regulating the actions of all parties, as it includes the regulation of contracts, and openness, and reserve mechanisms. While all the most common cryptocurrencies have directed their activity to improve the quality of transactions, the platform algorithm is focused on the automatic regulation of the flow of cryptocurrency in an ecosystem similar to the federal reserve system.
Advantages of the Platform:
Also on the platform, you can name the main advantages for third parties who will perform actions through the platform:
- creating your own currency with mandatory reservation;
- creation of its Cross-Chain crypto exchange in the framework of mandatory reservation.
- bank services with obligatory reservation: crypto-deposits, crypto-credits, cross payment using crypto and fiat currencies.
For ordinary users, it will be possible to invest in ICO with mandatory reservation, and trade on the exchange platform + banking services listed above.
Tokens Platforms and their Sale:
Platform tokens will be used by both third parties and ordinary users for full access to platform functionality. In total, a limited number of tokens will be issued – 210 million. The economy of the platform is created in such a way that the price of tokens grows by its order, as the demand for them will always be higher than the supply. The main sale of tokens lasts from April 20 to May 20. For 1 ether, you can buy 600 platform tokens, for 1 bitcoin – 8000 tokens + bonus. The minimum investment is 60 ethers or 5 bitcoins. The soft cap is 10 million dollars and is almost reached. The hard cap is equal to 60.36 million dollars.
On account of the distribution of tokens, we can say the following: 110 million is allocated for mining after ICO, 45 million tokens will be sold during the ICO, 25 million as a reserve platform, 10 million for venture investors, 10 million for the bounty program and 10 million for the development team.
At the expense of the plan for the development of the platform, we can say the following: in 2017, the market was analyzed, the technology of blockchain was studied, an idea was developed and the platform site and all protective mechanisms + an information document were prepared.
In January 2018, its platform blockchain was created and sponsors were found. The website of the platform was also completely completed. In February, a purse was created and a bounty campaign was launched. In March, Test-net and the sale of tokens were launched. In April 2018, the sale of tokens continues, the platform functionality and the Comreme algorithm are being developed. In May – the ICO campaign ends, the platform starts functioning, a purse will be created for mobile devices with Android and iOS and a marketing campaign will begin. In June, platform tokens appear in listing on several exchanges. The first generation of blockchain hardware will be launched and the development of a second-generation blockchain platform will begin.
The Cross-Chain crypto exchanger will also be launched. In August, the product will be implemented on Visa, MasterCard cards for crypto-currency payments. And the product with full functionality will be finished for use by third parties. In January 2019, there will be crypto-currency deposits, in February Crypto-Fiat payments and a beta version of the 2.0 platform. In March 2019 – the launch of CryptoKami 2.0, as well as mass media and marketing company.
In conclusion, I can say that the platform is a fairly promising product. There are many reasons for this, and most likely, the growth of the tokens will indeed be stable. It remains to wait for its launch and try it for yourself. For more detailed information, please, see the information document. Good luck!