CAPVERTO EXCHANGE (AN INNOVATIVE ICO FOR THE UNBANKED)

iamadebolaji (9)in #crypto • 6 years ago

CAPVERTO is a digital currency, based on a versatile utility token that greatly extends the basic advantages of cryptocurrency through a design directly addressing the needs of populations most frequently excluded from banking. It delivers a multifaceted bank-like experience, centered on a prepaid card, that is as easy to use as logging onto a fast, well-designed website. At the same time, the pivotal CAPVERTO Token (CAP) at its core supports advanced features such as a cash back system, peer-to-peer (P2P) monetary exchange, a digital currency trading platform, and an innovative cryptocurrency insurance product.

FEATURES/ADVANTAGES OF USING CAPVERTO

International prepaid cards with cash back rewards

CAPVERTO prepaid cards are bridges between fiat money and cryptocurrency. Each cardholder receives an amount of CAP utility tokens corresponding to the tier of the card purchased, starting at $100 for the basic blue card. Like a regular payment card, the CAPVERTO card can be used for in-store and online purchases, while up to 2 percent of every transaction is reinvested into CAP, influencing the token's value. There is also a full-fledged rewards system enabling direct discounts at affiliated merchants.

This overall design makes the CAPVERTO Exchange prepaid card system a powerful driver of cryptocurrency appreciation, in the familiar form factor of a payment card. It links cryptocurrency-based assets - in this case the value encompassed in CAP utility tokens - to the fiat money system, making them more liquid and accessible and in turn lowering the barrier to entry for the unbanked.

P2P Lending and Borrowing: The CAPVERTO Exchange web portal connects each user with an IBAN/SWIFT account for conducting fast, convenient, and low-fee P2P transfers that are more economical than alternatives like Western Union and FOREX, especially when sending money internationally. Via P2P, participants can reduce their reliance on checks, which frequently have significant cashing fees that hit the unbanked particularly hard. There is also a P2P lender-borrower model for transforming cryptocurrency holdings into extra liquidity much more easily than wouldbe possible through traditional channels. CAPVERTO Exchange users, whether individuals or institutions, may lend as much as half the to-date value of their these assets and accrue interest on the loan.

Copy Trading Platform : CAPVERTO makes it easy to follow and copy the trades and portfolios of others. Copy trading gives new participants an easy way to get started, while also affecting the value of the CAP token. Ten percent of the profit from each copy trade is automatically deducted and split between the original trader and CAPVERTO Exchange, which in turn reinvests it in CAP. Together with the other influences on CAP such as the transactions from the card program, copy trading ensures the token's value accurately reflects productive activity on CAPVERTO.

Cryptocurrency Insurance: CAPVERTO's cryptocurrency insurance product provides peace of mind that your valuable assets are as safe as possible from theft. Inspired as a response to the landmark breach of the Mt. Gox exchange in Tokyo, this insurance is offered through a partnership with RiskPoint. It functions alongside other protections including proof-of-address, KYC, AML, and 2-factor authentication to fend off a wide variety of cybersecurity threats.

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