Konios: User-friendly Crypto Platform

Konios is a user-friendly cryptocurrency platform.

As cryptocurrencies are increasingly being embraced by the mainstream, services to provide liquidity and user-friendliness will need to arise to fill the needs of this financial asset class. As a platform using secure face-to-face (F2F) transactions, Konios has positioned itself to play a leading role in filling these and other gaps in the nascent cryptocurrency industry.

Essentially, Konios will provide a secure app that has several key functions for cryptocurrency traders and investors. Users will be able to send and receive cryptocurrencies, exchange cryptocurrencies, trade cryptocurrencies for goods and services, check their transaction history, set security preferences, and send requests to other users to trade cryptocurrency for cash. By enabling users to obtain cash for cryptocurrencies, Konios will make them more practical for ordinary people to own, knowing that they can be converted to fiat currencies when desired.

Once users agree to a F2F meeting using the app, the cryptocurrency amount in the agreement is automatically locked into a smart contract. Upon meeting, the users will scan a QR code to verify their presence. The users will both verify when the buyer has handed cash to the seller, and the seller will inspect the cash to count it and make sure it is authentic, with tips available within the app to determine its authenticity. Once the seller has accepted the cash, both users will verify that it was accepted, and the smart contract will release the held funds to the buyer. For transactions that involve significant amounts of money, users can request an authorized validator to oversee the transaction for a small fee. After the transaction is completed, users will be asked to rate the transaction, thereby providing valuable feedback to the Konios community on the trustworthiness of other users.

The currency underlying all transactions on the platform is KON, an ERC20 token based on the Ethereum blockchain. Users will be rewarded in KON for participating in the platform and holding KON tokens. Businesses that allow F2F transactions to take place securely on their premises will also be rewarded in KON. The supply of KON will be no greater than 5,000,000,000.

The company is based in Switzerland and complies with the strict laws of that country. Moreover, the headquarters are in the city of Zug, an active hub of cryptocurrency innovation attracting the best talent in the world. The company has a lawyer who ensures that the platform is in compliance with financial laws.

The Konios ICO is taking place from May 1, 2018 to June 30, 2018. During this time, participants can purchase KON for $0.01 each. The minimum investment allowed during the ICO is $10. The Konios ICO is rated a respectable 4.3 out of 5 on ICOBench.

*I am receiving KON tokens for the growth of the community.

To discover more about Konios:

Website: https://konios.com/

Whitepaper: https://drive.google.com/file/d/1Nf6o1WJooXwv8KCe6vxxqoqmQFpIcMY1/view

European Crypto Bank: Bringing Cryptocurrency Compliance

The European Crypto Bank provides cryptocurrency services and an exchange.

In order to bring cryptocurrencies into the mainstream, the public must have a way to easily navigate through and abide by the various laws on taxes and money laundering as they pertain to their ownership. The European Crypto Bank is such a platform that will not only encourage compliance with regulations but will also provide numerous financial services to users.

The European Crypto Bank will allow users to securely trade and invest in major cryptocurrencies. The platform for trading cryptocurrencies will focus on being user-friendly and offering traders relevant and timely information about cryptocurrencies. Moreover, the platform will assist users on complying with applicable laws, making it easier for traders to print reports for filing their taxes. The platform will also offer other finance services, such as the offering of bonds, stocks, and real estate.

Among the biggest worries and headaches facing owners of cryptocurrencies is reporting their profits to governments. Unfortunately, most platforms today expect users to keep track of their own profits, and thus offer no assistance to users on this very important matter. Potentially, this unwillingness of major exchanges to confront the tax difficulties facing cryptocurrency traders is keeping many people from wanting to get involved in this booming asset class. By resolving this unmet need among cryptocurrency traders, the European Crypto Bank will stand out among exchanges, and perhaps even trigger a change in the way exchanges deal with their customers.

European Crypto Bank is a user-friendly cryptocurrency exchange.

The European Crypto Bank will take key steps to comply with regulations. Customers who open accounts will have to provide information about themselves, including relevant documents, to comply with KYC (”Know Your Customer”) and AML (”Anti-Money Laundering”) laws. Additionally, the European Crypto Bank will hire a team of tax specialists that can help customers navigate through the complex laws of the various jurisdictions of Europe. The platform will also employ artificial intelligence (AI) to answer common questions users may have about complying with tax laws. To further assist customers and provide a user-friendly environment, the platform will offer assistance in multiple languages to meet the needs of its diverse users.

The European Central Bank is a joint venture between Forgues Gestion SAS France, Forgues Gestion UK Limited, and Woospeak Italia. These companies have extensive experience in finance, wealth management, and language training and translation in Europe. The CEO, Olivier Forgues, is a former UBS banker. Similarly, the Head of Operations, Sandrine Favre, worked at UBS and BNP Paribas. The team thus brings a wealth of experience to bring to the cryptocurrency and blockchain industry.

The ICO is scheduled to take place from February 16, 2018 to May 1, 2018. The funds raised during the ICO will be used to develop and market the platform. The soft cap is 5,000,000 euros and the hard cap is 200,000,000 euros. The native token of the platform, ECB, is ERC20 compliant and runs on top of the Ethereum blockchain. The minimum purchase amount during the ICO is 20 tokens. The maximum number of ECB tokens created will be 677,283,261, and any unsold tokens offered during the ICO will be burned. ECB tokens will entitle their holders to redeem them for services within the plaform.

*I am receiving ECB tokens for the growth of the community.

Bountyhive ID: thepranksta

To find more information about the European Crypto Bank:

Website: https://www.europeancryptobank.io/

Whitepaper: https://europeancryptobank.io/wp-content/uploads/2018/02/WHITE-PAPER-ENGLISH-EUROPEAN-CRYPTO-BANK-ICO-12-02-2018.pdf

Midex: Licensed Cryptocurrency Platform

The Midex Exchange and cryptocurrency platform is licensed.

Given that cryptocurrency investors have had a difficult time converting their cryptocurrencies to fiat cash and spending them for real-world goods and services, Midex aims to facilitate the emergence of cryptocurrencies as an asset class that can be used to meet the basic financial needs of ordinary people through its platform.

Among the reasons why cryptocurrency investors have had a hard time using their cryptocurrencies to buy goods and services has been the trepidation of traditional banking institutions with this new asset class. Cryptocurrencies, underpinned by blockchain technology, have the potential to challenge the conventional view of money. Historically, central planners have decided what will be used as money and their value, whereas cryptocurrencies upend this arrangement and give people the power to decide what is of value. The blockchain is by design decentralized, meaning no central authority can decide whether or not it will exist or how transactions will take place on it. With self-designated authorities and middlemen cut out of the picture, a free market with reduced costs is more realizable. Midex, understanding the needs and demands of the people, will use blockchain technology and smart contracts to improve the industry of finance and make it more efficient.

Midex will provide a suite of tools on its app to provide essential financial services. The Midex Exchange, allowing users to trade pairs of cryptocurrencies and fiat currencies, is fully operational. With a working product and a license in Estonia, Midex stands out from the competition by showing it’s a project with substance behind it with a desire to become a dominant force in a market with enormous potential. Midex will offer customers debit and credit cards to be able to spend cryptocurrencies to buy goods and services in the real world and online. Additionally, Midex will offer loans, securities, and insurance in the future.

The Midex crowdsale began on January 15, 2018 and ends April 15, 2018. During the crowdsale, the native token of the platform, MDX, will be offered for $1. The MDX token allows users to buy services on the platform. Moreover, token holders will receive 20 percent of the monthly revenues generated by the Midex platform. With only 75,000,000 MDX tokens created, the value of these tokens may rise if the platform grows in popularity and the project fulfills its audacious roadmap. However, investors should always do their own due diligence and decide for themselves if this project has potential. Cryptocurrency enthusiasts interested in the potential of blockchain to revolutionize finance may want to learn more about this interesting project.

*I am receiving MDX tokens for the growth of the community.

To find more information about Midex:

Website: https://ico.midex.com

Whitepaper: https://ico.midex.com/docs/Whitepaper_EN.pdf