Capverto Exchange - An Innovative ICO for the Unbanked / Underbanked
Capverto is a unique project which aims to build a cryptocurrency exchange by bridging the domains of fiat money and cryptocurrency. It brings the concept of international prepaid card, thereby, extending the advantages of digital currencies to the populations most frequently excluded from traditional banking.
The Capverto Exchange is specifically aimed to bring cryptocurrency closer to the unbanked / underbanked people (through an exchange platform). Further, it allows peer-to-peer (P2P) transfers which are fast, convenient and attract lower fees than expensive options like FOREX, Western Union etc.
UNIQUE FEATURES OF CAPVERTO PROJECT
The Capverto project provides unique features, such as: -
1. Cryptocurrency Lending - Apart from low fees P2P transfer, the Capverto project offers P2P lender-borrower model, where Capverto Exchange users can lend cryptocurrencies to borrowers, thereby transforming crypto holdings into providing extra liquidity.
Capverto Exchange users (i.e. both, individual or institutions), can lend as much as 50% of the to-date valuation of their crypto assets, while accruing interest on the loan.
2. Cryptocurrency Insurance - The Capverto project provides a unique concept of facilitating 'cryptocurrency insurance' to Capverto Exchange users.
This is backed by incorporating KYC (Know your Customer) and AML (Anti-Money Laundering) measures, along with benchmark cyber security controls such as '2 Factor Authentication (2FA)' and 'Proof of Address (PoA)' to minimize cyber security risks.
3. Cashback Rewards - Capverto Exchange users can get up to 2% cashback rewards in form of CAP tokens for executing transactions with the international prepaid card issued by Capverto.
ICO REVIEWS
The Capverto project has received good ratings from reputed ICO tracking websites.
https://icobench.com/ico/capverto-ico [Rating 4.9/5]
https://www.trackico.io/ico/capverto/ [Rating 4.6/5]
https://icomarks.com/ico/capverto-ico [Rating 7.8/10]
ICO DETAILS
The CAP Tokens will be the utility token used on the Capverto ecosystem. The Capverto platform will be hosted on the Ethereum Blockchain Network and the CAP tokens will be ERC-20 compliant tokens.
- Symbol - CAP
- Maximum Token Supply - 250 million CAP (The total token supply is fixed)
- No. of Tokens Available for Sale - 172.5 million CCT (i.e. 69% of token supply)
- Payment Method - BTC, ETH, LTC, BCH, USD, Fiat Currencies
- Token Standard - ERC-20
[Note: - Remaining or unsold tokens will go to growth account]
Pre-ICO Phase [Sold Out]
Start Date - 11th Apr '18 ||| End Date - 1st Sep '18
No. of Tokens Available for Sale - 1.25 million CAP
Token Pricing - 1 CAP = USD 1.66
ICO Phase
Start Date - 1st Sep '18 ||| End Date - 27th Oct '18
No. of Tokens Available for Sale - 171.375 million CAP
Current Token Pricing - 1 CAP = USD 2.18 [As on 25th Sep '18]
Softcap - $ 6.2 million
Hardcap - $ 20 million**
PROJECT' ROADMAP
CAPVERTO TEAM
The Capvertoproject is conceptualized by a team possessing wide range of professional experience in the field of financial management, marketing, sales and business development, block-chain technology, IT (including technology development and coding) etc.
The 'Capverto' project is led by Martin Mathiassen (CEO and Co-Founder), who is a 'Serial Entrepreneur', involved all from the auto industry to oil & gas. It is co-founded by René Fürster Simonsen and Rene Meldgaard.
For more information on the Capverto team, please refer the following link: -
https://capverto.com/landing#team
CONCLUSION
Thus, the Capverto project is one of the most conceptualized projects aiming to bridge the worlds of fiat money and cryptocurrency by integrating an international prepaid card program linked with innovative banking and trading features hosted on the Capverto Exchange.
It aims to bring an ICO targeting the unbanked/underbanked, ensuring that they are not left behind in harnessing the benefits of blockchain technology and cryptocurrency.
For more information on the Capverto project, please refer the following links: -
*Website: https://capverto.com/landing
*White paper: https://backend.capverto.com/Docs/CAPVERTO_WHITE_PAPER_EN.pdf
*Lite paper: https://backend.capverto.com/Docs/CAPVERTO_LIGHT_PAPER_EN.pdf
*Tech paper: https://backend.capverto.com/Docs/CAPVERTO_TECH_PAPER_EN.pdf
*Twitter: https://twitter.com/capverto
*Facebook: https://www.facebook.com/capverto
*Telegram: https://t.me/CAPVERTOOFFICAL
*Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4974691.0
Published by 'Sameer S'
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
Telegram ID: - @Sameer_R
ETH Address: - 0x04E21367EEdAB2bbBb6843cAF0069E418aB438e6
Capverto Username: - [email protected]
Disclaimer: - Kindly conduct your due diligence before making your decision on this project from the investment and legal perspective.