Overview - KRYONDO · 1Abstract KRYONDO is a cryptocurrency trading platform made in germany....

16

Transcript of Overview - KRYONDO · 1Abstract KRYONDO is a cryptocurrency trading platform made in germany....

Overview1 Abstract...............................................................................................1

2 Background........................................................................................22.1 Situations of Current Cryptocurrency Exchanges............................................................................2

3 Introduction to KRYONDO...............................................................43.1 Summary...................................................................................................................................................4

3.2 Features of KRYONDO Cryptocurrecny Exchange.......................................................................5

3.3 BLOCKCHAIN INVEST....................................................................................................................7

4 KRYONDO’s Business Models.........................................................84.1 Pro Trader................................................................................................................................................8

4.2 KRYONDO Bonus................................................................................................................................8

4.3 Partner Licence program.......................................................................................................................8

5 KRYONDO Roadmap........................................................................9

6 Our Team..........................................................................................10

7 KRYONDO ICO...............................................................................127.1 ICO Plan................................................................................................................................................12

2

1 Abstract

KRYONDO is a cryptocurrency trading platform made in germany. KRYONDO

offers 15 cryptocurrencies and more besides Bitcoin. To get more know how

which coins are interessting, every coin has trending information and a logic for

using blockchain technology behind it and KRYONDO spreads this to its

communitiy.

The cryptocurrency fast trade engine is developed using cutting-edge

technologies to provide a fast real-time interface and secure.

At just zero up to 0.15% fees per trade for both Buy and Sell order, we have some

of the lowest fees in industry.

KRYONDO is always looking to add new markets for new coins and asking the

community to vote on what they' d like to see offered next.

KRYONDO will launch its ICO (Initial Coin

Offering) on December 5th, 2017.

3

2 Background

With the advance of blockchain technology, more and more people are migrating

from fiat-based financial system towards blockchain-based financial system from

Since January 2017, the cryptocurrency market cap has increased from 7B USD

to 110B USD in July[1]. Moreover, cryptocurrency trading volume exceeded stock

trading volume by August 2017. However, existing cryptocurrency exchanges are

not able to handle modern trading demands.

2.1 Situations of Current Cryptocurrency Exchanges

2.1.1 High Trading Fees

According to Cryptostache[2], the top 5 cryptocurrency exchanges with the lowest fees, on

average, charge 0.20% - 0.25% trading fees for both makers and takers, which impact

traders’ profit margins significantly.

2.1.2 Real-time Trading

Due to rate-limited trading APIs, non-real-time transaction confirmation, and delayed

order book updates, traders are unable to trade in real-time.

2.1.3 Asset Security Issues

Cryptocurrency trading platforms hold a large amount of cryptocurrency deposits online,

making them a target for hackers. In August 2016, Bitfinex, one of the world’s top 10

cryptocurrency exchange, was hacked and lost 120K Bitcoin, currently valued at more

than 480M USD.

4

2.1.4 Only a few FIAT Currencies Are Supported

Most exchange platforms only support one kind of fiat currency. While some don’t even

provide FIAT withdrawal/deposit.

2.1.5 Multilingual Support

Most exchange platforms only support one language; only a handful are multilingual.

2.1.6 Slow Customer Services and KYC Process

Currently, the delivery of customer services is slow, while some exchanges don’t even

respond to inquiries at all. Furthermore, the process of KYC (Know Your Customer) is

slow and complicated. Take CEX.io as an example, one of the most famous platforms,

when the demand for identity verification is high, it takes around < 90 days to complete.

5

3 Introduction to KRYONDO

3.1 Summary

KRYONDO is a cryptocurrency trading platform made in germany. We offer 15

cryptocurrencies besides Bitcoin. Our cryptocurrency fast trade engine is developed using

cutting-edge technologies to provide a fast real-time interface and secure.

At just 0.15% per trade for both BUY and SELL orders, KRYONDO has some of the

lowest trading fees in the industry.

We've developed an easy to use expansive API from our market for developers and

mining pools. 2FA Authentication is available and we use the latest security encryption

techniques, to keep your account and funds safe! Also Kryondo developed an physically

backup like gold as insurance for the funds. Which is available with the quicksilver

account. For user who do not know what to buy, to sell and to trade, Kryondo provides pro

traders model which manages your account to gain profit. Kryondo always looking to add

new markets for the best altcoins, and to help Kryondo with this the community will be

asked to vote on what they'd like to see offered next at KRYONDO. At Kryondo users get

their own ssl encrypted user wallet with multiple payment options to deposit and withdraw.

The Kryondo Debit Card will grant users access to their funds worldwide. For those who'd

like to let trade for them, Kryondo has developed a trading system where user leans back

and gain profit without doing a lot. This feauture is called „Future Trade“ and offers a lot of

strategies like professional traders would do.

6

KRYONDO will support the following cryptocurrencies:

Bitcoin Cash

(BCH)

Blackcoin

(BLK)

Bitcoin (BTC) Bicoin Dark

(BTCD)

Dash (DASH) Dogecoin

(DOGE)

Ethereum

Classic (ETC)

Ethereum

(ETH)

Litecoin (LTC) IOTA (MIOTA) Peercoin (PPC) Monero (XMR) Namecoin

(NMC)

Ripple (XRP)

3.2 Features of KRYONDO Cryptocurrecny Exchange

3.2.1 ZERO up to lowest Trading Fees

At just 0.15% per trade for both BUY and SELL orders, KRYONDO has some of

the lowest trading fees in the industry.

3.2.2 TRADE ENGINE

KRYONDO's cryptocurrency trade engine is developed using cutting-edge

technologies to provide a fast real-time interface.

3.2.3 Offline Wallet Security System

Every kind of crypto assets deposited at KRYONDO will be stored in an offline

wallet. 68% of assets will be stored offline in different safe locations, while 2% of

assets will remain in an online wallet allowing for faster user deposit/withdrawal

experience and 30% will be stored as physical gold backup insurance.

7

3.2.4 Crypto Assets Backed by Insurance

All crypto asset deposits in KRYONDO’s online wallet will be backed by

insurance.

3.2.5 SECURED PLATFORMS

2FA Authentication is available and we use the latest security encryption

techniques, to keep your account and funds safe!

3.2.6 COIN VOTE

The voting system gives new coins a chance to get traded by the community.

Kryondo is looking to add new markets for the best altcoins, and to help us with

this we'd like to ask you, our users to vote on what you'd like to see offered at

KRYONDO.

3.2.7 Wide Range of FIAT Currencies Supported

KRYONDO will support a wide range of fiat currencies. Users are able to choose

their preferred fiat currencies to make funds deposit or withdrawals.

Fiat currencies supported by KRYONDO:

ARS/AUD/BRL/CAD/CHF/AED CNY/COP/EGP/EUR/GBP/HKD/

INR/JPY/MXN/MYR/NGN/NOK/NZD/PHP/PLN/RUB/SGD/THB/TRY/TWD/USD/V

ND/ZAR

3.2.8 DEBIT CARD

The KRYONDO Debit Card is connected to your wallet. Use your altcoins on

POS. Get access to your cash worldwide on every ATM.

8

3.2.9 24/7 Online Customer Services

KRYONDO provides 24/7 online customer service. Should users need

assistance, customer service can be reached via the KRYONDO website and

mobile app. When a user submits an inquiry, the customer service team will

respond within max. one day. KRYONDO’s goal is to provide consistently

excellent customer assistance.

3.2.10 Future Trade (Blockchain-Invest)

Kryondo has developed a system for rookies, which trades with different

calculated strategies like a professional trader. So the user has to do nothing just

pick the right strategy for him to gain profit. This feature is available in below

packages.

9

4 KRYONDO’s Business Models

4.1 Packages availabe

Users can select between basic, diamond and quicksilver package. Where basic is for free

and the trading fees 0.15% for both taker and maker. Diamond package has trading fees of

0.10% and a monthly fee of 29$. The feauters of Diamond package are following:

future trader function lite, help with buy,sell and trade tips and access to portfolios of pro

trader accounts. The full service package goes under the name quicksilver package with a

monthly fee of 99$. Following features are included: Zero fees, full service and support of

portfolio, full future Trade function and gold certificate backup insurance.

4.2 KRYONDO Bonus

KRYONDO has a bonus refferer system. If Traders register under users Traderkey, he will

earn fololowing:

01 referal: 10 KRYs

05 refaral: 80 KRYs

10 refaral: 300 KRYs

4.3 Partner Licence program

KRYONDO has a partnerlicence programm where the system will be launched in the

country of the licence buyer. Earning profit with this model is 43% of win.

10

5 KRYONDO Roadmap

11

2017.8KRYONDO

Development Starts

2018.01Launch BlockchainInvest

2017.12KRYONDO Exchange

Online

2018.Q1Debit Card

2018 Q2Blockchainhouse

2017.12KRYONDO ICO Starts

6 Our Team

CEO: Marcel Pitang Founder of the KRYONDO

Marcel Pitang is a 40-year-old entrepeneur.

He has been 3 years to business school

Düsseldorf. In the year of 2002 he entered

into Georg Fischer and graduated as an

Electrical Engineering master. In the year of

2013 he founded the company Pit Marketing

in sales and marketing. In July of 2017 he

has founded Kryondo.

CTO & Co Founder: Cagdas Özaltay

Cagdas Özaltay is a-36 year old entrepeneur.

In the year of 2012 he has graduated as

Bachelor of Informations System. 2012 he

became entrepeneur and he has developed

first university app in germany for FH

Mönchengladbach. He began to work on

blockchain technology in the year of 2017

and founded Kryondo with Marcel Pitang.

Design & Programming: Özcan Özaltay

Özcan Özaltay studied Bachelor of

Informations System. After that he studied

Bachelor of Science. Worked as a head

hunter and started with programming and

Web design.

12

Video and Multimedia: Yvonne Breuer

Yvonne Breuer graduated Highschool in

Neuss. She started to study media

Design in Düsseldorf and began creating

videos. In the year of 2017 she started

as Twerx trainer.

Oskar Voss Advisor & Consultant

After Oskar finished his studies with

business management, he started shoe

business and opened the first Buffalo

Store with success. 20 years he has

made business in Antigua and since

2017 he is Advisor, Investor and

consultant of Kryondo.

Advisor: Nita

Nita is french bulldog 8 years old and

brings good working flavour into the

Kryondo team.

13

7 KRYONDO ICO

7.1 ICO Plan

Participate in KRYONDO’s ICO to sponsor KRYONDO exchange development.

KRYONDO’s token symbol is KRY. KRY tokens are based on Ethereum ERC20 token

standard. A total of 20 million KRY tokens will be issued. 14 million KRY tokens will be

available for ICO.

ICO Amount: 70% (14M KRY tokens)PRE-ICO Amount: 5% (1M KRY tokens)KRYONDO Team Amount: 15% (3M KRY tokens)Reserve Amount: 10% (2M KRY Tokens)

The KRYONDO ICO starts on December 5th, 2017 and continues until January 22th, 2018.

Only Ethereum is accepted. The rate of KRY will be as follows:

Presale Bundle Less than 10ETH1 ETH for 304 KRYSs (25% bonus)

14

Presale Bundle from 10ETH10 ETH for 3.118,5 KRYSs (35% bonus)

ICO-Start Bundle Less than 10ETH1 ETH for 277 KRYSs (20% bonus)

ICO-Start Bundle from 10ETH10 ETH for 3.213 KRYSs (30% bonus)

ICO Bundle Less than 10ETH1 ETH for 288 KRYSs (25% bonus)

ICO Bundle from 10ETH10 ETH for 3003 KRYSs (30% bonus)

The KRYONDO beta version is scheduled to go online on December, 2017. KRY

token can be traded on the KRYONDO exchange once it is online.

15

We luv 2 create so it will be a never ending story!

To be continued

16