CREDITS platform ia a decentralized financial system for the direct interaction between participant on peer-to-peer (P2P) principle. The platform expands the potential for using financial services on the basis of a distributed ledger, self-executing samrt contract, and CREDITS cryptocurrency. The system is aimed to unite all participant on one site, providing them with a platform for creating and using financial services; where everyone can both offer a service and use it. Thanks to a well-defined and balanced technology system, the CREDITS platform offers a new technical solution and a new conceptual model of networking participants interaction for the development of modern decentralized financial services.
CREDITS - A new generetaion of blockchain
CREDITS - a new generation of blockchain with fundamentally new technical capabilities that did not exist until now.
We replecing old technologies by offering new approaches to the construction of regietry, processing, consensus, preservatio and transmission of data. We have implemented the principle of very low transaction costs for widespread introdutions of the CREDITS platform.
Our mission is introduce CREDITS blockchain and crypto curremcy technology everywhere, and make decentralized relationships a reality. Our technology allows us to do this.
We have developed our MVP and the Alpha is almost completed! We have received positive feedback and have huge demand from users and experts anxious to implement the CREDITS platform.
CREDITS terms and condition of ICO campaign
Escrows for ETH received in ICO
Escrow is a way of blocking funds allocated in ICO by third-party people until the occurence of certain specific conditions. Independent escrow person block ETH (moey raised in ICO) until compliance with the conditions (obligations) can be verified. The team will not be able to spend the ETH raised during the ICO until the obligaitons for the development of the alpha version and release a full release of the platform are fulfilled.
Some ETH received in ICO will be frozen by four signatories of famous and well known peolpe from the blockchain industry
- Escrow 1 - CRYPTO4ALL Paris ( Escrow organiser )
- Escrow 2
- Escrow 3
- Escrow 4
30% - frozen untill the release of the Alpha version (requires Escrow board confirmation and approval for release)
20% - frozen until the first full release (requires Escrow bpard confirmation and approval for release)
ICO dates
ICO Feb 01st 2018 - Feb 28th 2018
ICO caps
- Soft cap $15 mln USD
- Hard cap $20 mln USD
- Minimum cap 1.5 mln USD (already achieved)
We believe that the large funds collected in the ICO have a negative pressure on the potentila growth of the prices of the token in the future.
ICO
The total number issued tokens 1 000 000 000. The tokens exchange rate 1 ETH = 5000 CS (CREDITS).
- ICO - 60%
- Bounty - 2%
- Bug Bount - 2%
- Founders - 15%
- Advisors - 1%
- Operation - 20%
Tokens left for operations
According to the calculated budget of the project, the company will need 15-20 (soft and hard caps) million dollars for the first year of operations, as well as development and promotion of the platform. Over the next 2 to 5 years, the team will gradually sell the tokens earmarked for operations (20% of total) as neede and in small quantities so as not to provoke a decrease in market price.
The project's ICO model ll allow the CREDITS team to quinkly finis platform development and promote CRREDITS use in the future.
Unused operations tokens will be blocked for at least one year, according to the following schedule:
- 10% frozen through 1 Jan 2019
- 10% frozen through 1 Jan 2020
Founders' tokens
After the end of the crowdsale these tokens will be frozen for one year.
Unsold Tokens
All tokens not sold ny the end of the ICO will be destroyed of burned
ICO Bonus
ICO bonus - 0%
WhiteList
During the ICO period the tokens buyers who have registered in the WhiteList CREDITS ICO will be served first.
RoadMap
MORE INFORMATION
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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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