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