Kryptoin: Blockchain based Exchange Trading Fund platform

in #blockchain6 years ago

Overview:
It is a blockchain based platform for Exchange trade fund system, which is aiming to provide efficient and decentralized system for finance community. Its tokenization system enables individuals to manage their assets and they can prefer their investment specifications in the decentralized exchanges. Generally, trading in financial market and cryptocurrencies is very complex and risky

Kryptoin ETF:
ETFs trading model is different than other models, and it is less cost when compared to other models (previous models), in the user can track the performance of his commodity this brings more exposure to the trading markets. In this platform token trading in the exchange brings the change which is independent of assets this will enables ETF price is related assets.

It has its own proprietary called “Megawallet” which connects all the blockchain nodes to wallet, its wallet is linked with major currencies such as Bitcoin, Bitcoin Cash, Dash, Ethereum Classic, Ethereum, Litecoin, NEO, Monero, XRP and USDT. It records all the transactions of the users in its blockchain network. It has five level of access to the Megawallet.
Kryptoin platform consists of two layers called component layer and scheduler layer
It uses central authentication system (CAS) and Hot/Cold wallet strategy to ensure secure architecture.

Token economy:
Kryptoin issues Ethereum based utility tokens called “KRP” which can be used in the internal ecosystem of the platform for the services availed in the platform.

Token details:
Token symbol: KRP
Token type: ERC20
Total token supply: 1,078,825
Hardcap: 114,311ETH
60% of tokens are allocated to sale

Team:
Donnie Kim – CEO
Mr. Donnie completed his graduation from The University of Western Ontario in BSC Biology and D.C Medical from Cleveland Chiropractic College. He started his career as a CEO of Artcube Inc., is a largest digital media network in Canada. Presently, he’s a Managing Partner at 888 Auctions Inc., and joined since 2011. He’s having expertise in Marketing, Strategic Planning, Business Development, Digital Marketing etc.

John Tracey – CFO
Mr. John completed his graduation from University of Waterloo in Accounting & Finance, Economics. He’s having expertise in Consulting, Management, Financial Sector, Tax etc.

Tariq Ali Asghar – CIO
Mr. Tariq is a Ph.D. holder and did his graduation from such reputed universities like MIT, University of London and Boston University. He started his career as a President at FinanceFlix in Ontario. He’s having 2 decades of outstanding experience in the Financial and Technology Industry in USA, Canada and Internationally. Also having expertise in Digital Marketing & Innovation, AI and Blockchain Technology.

Verdict:
Pros:
• Social media hype is excellent, its telegram community has 43k+ members
• Whitepaper has detailed explanation about the project
• Core team members are well experienced in Marketing, Digital Marketing, Consulting, Financial Sector, AI, UX/UI Developer and Blockchain Technology.
• Advisors team is looking good, they have experienced members from different fields like Business Analytics, Consulting & Advising, Investment Banking and Blockchain. One advisor is experienced in JP Morgan.
• Roadmap of the project is clear it is clearly mentioned their future goals to be archived till 2020

Cons:
• Even though whitepaper explained in detailed way, it is written in complex terms which may be difficult to understand for an average investor.
• Telegram group is unresponsive
• MVP is not available is as of now
• No information about the team and partnership in the whitepaper

Links:
Website: https://kryptoin.io/
Whitepaper: https://drive.google.com/uc?id=1BQYzScAaQ7hP1VBi0cBBb78TX-rQw1y8&export=download
Telegram: https://t.me/kryptoinETFs
Twitter: https://twitter.com/@kryptoinETF
Facebook: https://www.facebook.com/kryptoin
Medium: https://medium.com/@kryptoin

Bitcoin talk Username -anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a

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