Review ICO Cryptonity

winwinner443 (25)in #ico • 6 years ago

If we understand for a moment it seems that Cryptonity comes from a combination of the words "Crypto and Comunity" maybe we agree with the meaning of the word then what is actually stored from the word cryptonity itself, Cryptonity is an exchange or exchange initiated by the cryptocurrency community. This company is committed to providing the market with the most complete, safe, transparent and collaborative exchange platform.
Cryptonity itself ensures that users can trade in a comfortable and safe manner which is one of the advantages of this platform, cryptonity will regulate insurance policies to return to users in the event of a loss due to an attack.

Another very important aspect is the interaction between platforms and users. Cryptonity strives to have a variety of open communication channels to interact directly, and will respond to user requests as soon as possible. "Feature Request" feature will be applied for users to present the features they want to see on the platform.

To ensure users get the safest exchange knowledge, Cryptonity prepares protection settings, users will find more insight into our protection approach under the Exchange Principles area.
Another important point of view is that in the cryptonity stage, they use a p2p system to ensure that later problems are broken down and delivered to them. In addition, the cryptonity stage has a tendency to provide all exchange channels that will have all the most ideal dialects so that they empower with their dialects to collaborate and instill straightforward cryptonity networks.

PROBLEMS ON CURRENT EXCHANGES

From our point of view, we see two different categories of cryptocurrency exchanges: the big players on the one hand, and the challengers on the other hand. The ones we subjectively call the challengers do not care about their users or customers, and seem not worried about their credibility. The majority of them list all coins who accept to pay their expensive fees, and that’s it. They don’t interact with their customers, don’t make any improvements (such as UI upgrades), and only focus on maximising their incomes. They are very often not transparent at a point which it is, sometimes, for us, hard to understand how some users can trust them and engage their money on those exchanges. We think that it’s because some “low cap” alt coins are only available on those exchanges.

Regarding the big players, we also have a lot of questions. Are they real companies? Are they regulated? Do they have plans to support FIAT? Do they have any bank account? Where are they based? Are their platforms really safe? Is there any insurance in case our money is stolen? Can we talk to someone in a live chat? Can we call them in case of emergency? And the list goes on. At the end of the day, it’s all related to security and transparency issues. It’s actually even worse for big players as they are the main target for hackers and thieves. We could write a book about cryptocurrency exchange related problems, and the ones stated above are only a few among a very long list of things the market can do better. In the same time, we understand that running an exchange involves many challenges and risks. Aside security and transparency issues, we have also noticed issues related to user experience, such as lack of trading tools, insufficient language support, slow withdrawal processes, etc.

Cryptonity Solutions

A comprehensive “Cryptosystem”

Provide our users with the most ergonomic and performant trading tools.

Users who own our Cryptonity Token (XNY) to be granted with the lowest fees in the market.

We plan to develop our own Blockchain and a decentralised exchange with the participation of our community through a rewarded program.

Security & Insurance

Provide our users the most secure trading platform, working with the best security experts in the market, audited twice a year by independent security companies.

First crypto exchange to provide an insurance to refund our users in case of losses.

A Community centric trading platform

Involve the crypto community in the evolution of the platform to meet their needs and requests: features to be developed, coins to be listed, etc.

Responsive multilingual customer service, low fees and fully transparent policy.

“Forks”, “Airdrops”, “Staking Rewards” and “Masternode” features to be implemented.

CRYPTONITY TOKEN (XNY)

TOKEN SPECIFICATIONS

We will issue our own token, called Cryptonity Token, with the ticker XNY. Our Cryptonity Token will run natively off the Ethereum Blockchain. We are planning to develop our own Blockchain in the near future and we will start working on it right after our Token Sale is finalised. We will issue a fixed amount of 100M (one hundred million) Cryptonity Tokens. We will never increase that amount or repurchase our Tokens. Manipulating our token such as decreasing the total supply to create deflation is against our ethical policy and the worst way to gain respect from the community, the traditional market and the regulators. We do not want to use practices that contribute to give a bad image to a crypto market that surely doesn’t need that. Cryptonity Token will be a utility token and its price shall thus be related to its utility. Our token will grant its owners a lifetime discount of 50% on Cryptonity Exchange fees. It will also enable its owners to take part to specific features such as the vote for the “Coin of the Month”. Find out more details about our fees in the “Economic Scheme” section.

Token Sale Details

Token Symbol: XNY
Token Type: ERC20
Total Token Supply: 100.000.000
Token Price: 0.23 $
Minimum Transaction: 0.05 ETH
Minimum Goal: 500.000 $
Maximum Goal: 20.120.000 $
Public Sale 1 Starts: Oct 31, 2018
Public Sale 1 End: Nov 30, 2018
Public Sale 2 Starts: Nov 30, 2018
Public Sale 2 End: Dec 14, 2018
Public Sale 3 Starts: Dec 14, 2018
Public Sale 3 End: Dec 31, 2018