How it works?
4 steps on the way to DAO
The most important stage in the Crypt-ON project implementation is the creation of a decentralized autonomous organization, whose members will independently manage the platform and make decisions by voting in accordance with their rating.
CREATING AN ECOSYSTEM
Developing various services within the platform, we strive to create a global workspace for all participants of the crypto industry – from freelancer to investor, providing them with simple and useful tools to perform a variety of tasks.
BUILDING A COMMUNITY
Unlike many aggregators and marketplaces, we do not perceive users as a customer base, but rather as members of the future decentralized community interested in the development and prosperity of the platform.
BUILDING A BUSINESS
By offering users convenience and security, by promoting our services on various platforms and gradually implementing a strategy for partnerships development, we plan to build a business that will make DAO participants of the DAO successful.
MIGRATION TO OWN BLOCKCHAIN
As part of the platform’s move to decentralized management, we intend to transfer all services and databases to our own blockchain with high capacity and consensus algorithm that allows implementation of DAO concept, providing equal opportunities for all community members.
Crypt-ON is a single infrastructure solution for cryptocommunity
MAKE SECURE TRADES IN CRYPTOCURRENCY
Crypt-ON helps both buyers and sellers to make trades using smart contracts easily and safely anywhere around the world.
EXCHANGE CRYPTOCURRENCY FOR FIAT AND BACKWARD
Crypt-ON allows people from different countries to exchange cryptocurrency for fiat using geolocation search.
BORROW AND LEND CRYPTOCURRENCY ON FAVORABLE TERMS
Crypt-ON allows users to issue p2p loans between each other, assessing the credit quality of your counterparty using trust token (cryptographically protected reputation)
ATTRACT NEW EMPLOYEES OR FIND YOUR DREAM JOB
Crypt-ON will be the place where professionals can easily find themselves in new interesting projects.At the same time companies and startups will attract new specialists to the team
Technologies and Instruments
Cryptographically secure rating of user trust containing records of all his operations on the platform.
A single computer algorithm that guarantees transactions and automatic execution using all platform services.
In case of disputes, the arbitration system is used to resolve the contradictions. Its mechanism will be evolving and improving, trying to reach maximum decentralization.
Special reserve fund will be created to protect users’ interests. Its main goal is to guarantee all obligations and it will be replenished by fees from transactions.
The use of stablecoin, not affected by high volatility of crypto assets, will serve as an additional protection to the interests of participants.
To ensure the fair growth of participants’ reputation (trust rating), a special mathematical algorithm will be used to eliminate cheating.
i-Point token multifunctionality
i-Point token is a fuel of Crypt-ON economics. Its multifunctionality will ensure a natural demand from all platform users - from freelancers to large investors
- Platform profits will be partially distributed among the i-Point token holders
- Trade insurance available only for i-Point transactions
- Rating is accrued with higher coefficient when transaction in i-Point
- Fees are reduced by 50% when transacting in i-Point
- The only means of payment for transactions on the crypto freelance job exchange
- Participants can vote on platform development paths (participants with positive i-point balance)
- Ability to fully fix the transaction amount in USD when transacting in i-Point