Crypt-ON

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What is Crypt-ON?[edit]

Crypt-ON - an innovative blockchain-based project aimed at a wide range of users — from beginner crypto-enthusiasts and freelancers to marketplaces and managers of blockchain projects. International team of Crypt-ON project is developing a multiservice p2p platform to provide safe and secure transactions based on smart contracts. The core of the platform is the escrow service, also Crypt-ON ecosystem includes a p2p lending service, a crypto freelance marketplace and a p2p local crypto-exchange.

How it works?[edit]

All operations of the platform users are stored in smart-contracts. Users’ reputation will be determined through the trust token smart-contract mechanism. All user actions, transactions results, reviews and etc. will affect their rating. In fact, a trust token is a cryptographically secure rating of the reliability/trustworthiness of each user in the Crypt-ON system and it is stored in a smart-contract.

Another security feature for users` protection is an independent arbitrage system which is getting more and more independent with the ongoing project’s development and eventually forming a full-fledged community where DAO delegates will act as judges. Creating a DAO on the foundation of the platform is an important task for the Crypt-ON team. Thus, many of the tasks associated with developing a platform, improving functionality, increasing the user base and managing legal issues will be performed by the community itself.

Mission[edit]

The mission of the Crypt-ON project is to create a global workspace for reliable and mutually beneficial cooperation of cryptousers all over the world.

IPT token[edit]

I-Point token (IPT) is an utility token, a universal way for settlements of any transaction on the p2p platform Crypt-ON. Also, using of IPT provides a 50% discount on fee services, insurance of trades, access to hiring through the crypto freelance marketplace and rapid growth of user rating.

Crypt-ON Pre-TGE officially launched October 1, 2018

See Also on BitcoinWiki[edit]