Introduction
Building a cryptocurrency exchange is not an easy task. Building an exchange that provides a complete set of tools and features is an even more challenging ambition. At cryptobity, we are concious of the time, self-invesments, passion and hard work a project like this demands. But we do beleive the current exchanges, including those who have been in the market for a long time, can be improved in a lot of ways. perfection is very hard to reach, but we strive to get close to it, as much as we can.
Based on our experience in cryptocurrency as traders and miners who have been active users of current platforms, we do believe that we have the knowledge and the skill needed to build the cryptocurrency exchange you have been waiting for.
We also believe that in an exchange project, as for any other business, the customer is the king, and should be treated as a king, or queen. Our users/customer are the ones who use our tools, trust to keep their money safe, and thus help us build our reputation and credibility in the market. So they deserve to be listened to and to be treated with care.
That philosophy is the very root of our project. Cryptonity is the combination of Crypto and Community. It;s simple but strong and meaningful, as our goal is to be an exchange that is respected by the Cryptocurrency Community.
We also believe that in an exchange project, as for any other business, the customer is the king, and should be treated as a king, or queen. Our users/customer are the ones who use our tools, trust to keep their money safe, and thus help us build our reputation and credibility in the market. So they deserve to be listened to and to be treated with care.
That philosophy is the very root of our project. Cryptonity is the combination of Crypto and Community. It;s simple but strong and meaningful, as our goal is to be an exchange that is respected by the Cryptocurrency Community.
Cryptonity Token (XNY)
Token Specification
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 start working on it right after our Token Sale is finished.
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 oractices that contribute to give a bad image to a crypto market that surely doesn't nned that.
Cryptonity Token will be a utility and its price shall thus be related to its utility. Our token will grant its owners a lifetime dsicount of 50% on Cryptonity Exchange fees. It will also enable its owners to take part to spesicif features such as the vote for the 'Coin or the Month'. find out more details about our fees in the "Economic Scheme" section.
Token Allocation
Token Sale Rules & Details
Our Token Sale will be done in multiple cryptocurrencies that are: Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Binance Coin.
Our token sale will be opened for 2 monyhs (61 days to be more precise)
All investor need to their "Know Your Customer" (KYC) registration to be able to withdraw their tokens.
Our lead company is located in france and thus frens laes and regulations will apply for the Crwodsale. USA citizens cannot participate in our token sale. Citizens from any other country are welcome
Cryptonity Tkoen will be released working days after the end of our Token Sale.
Funds Usage
The funds raised with the Token Sale will be used as follows:
- 60% from platform and features development (Launch of our own Blockchain, our decentralised Exchange with the "code-a-thon" program, guaranteeing the integrity of our platform, auditing our platforms security, etc. It also includes the HR budget to recruit and train our temas of developers, especia;;y skilled developers, our support center staff, etc.)
- 20% for Marketing and Promotion (promotion of Cryptonity Exchange through branding, advertising, social media, patnerships and activities to continously attract mainstream and active users of the crypto-community)
- 10% for administrative and legal operations
- 10% for insurance purposes (kept in reserve as an insurance for our customer funds, and to emegency cases that might come up)
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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