Website: https://tokensale.cryptonity.io
CRYPTONITY SOLUTIONS
At Cryptonity Exchange, aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market.
One of the key aspect of project is security. Want to provide to users the most secure trading platform. To achieve that goal, will work with the best known security experts in the market, be audited twice a year by independent security companies, and communicate audit results to all of users. Security partners will be mentioned on website. To go further in guaranteeing users the safest trading experience, will setup an insurance policy to refund users in case of losses, due to an attack. You will find more details about insurance policy bel below, in the Exchange Principles section.
The other very important aspect is the collaborative interaction with users. It is more than natural for us to involve users in the evolution of platform. Will have various communication channels open to interact with users and will make sure to respond to users’ requests as promptly as possible. Community to get involved in the evolution of the platform, in terms of features to be developed, coins to be listed, and so on. A “Feature Request” function will be implemented for users to submit the features they would like to see on the platform.
Last but not least, will put all efforts to provide users with a comprehensive and ergonomic set of trading tools, including a large number of languages.
CRYPTONITY TOKEN (XNY)
Token specifications
Will issue own token, called Cryptonity Token, with the ticker XNY.
Cryptonity Token will run natively off the Ethereum Blockchain. In planning to develop own Blockchain in the near future and will start working on it right after Token Sale is finalised.
Will issue a fixed amount of 100M (one hundred million) Cryptonity Tokens. Will never increase that amount or repurchase Tokens. Manipulating token such as decreasing the total supply to create deflation is against ethical policy and the worst way to gain respect from the community, the traditional market and the regulators.
Cryptonity Token will be a utility token and its price shall thus be related to its utility. Token will grant its owners a lifetime discount of 50% on Cryptonity Exchange fees. It will also enable its owners to take part to specific features such as the vote for the “Coin of the Month”. Find out more details about fees in the “Economic Scheme” section.
Token allocation
Token sale rules & details
Token Sale will be done in multiple cryptocurrencies that are: Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Binance Coin.
Token Sale will be opened for 2 months (61 days to be more precise).
All investors need to complete their “Know Your Customer” (KYC) registration to be able to withdraw their tokens.
Lead company is located in France and thus the French laws and regulations will apply for the Crowdsale. USA citizens cannot participate in token sale. Citizens from any other country are welcome.
Cryptonity Token will be released 15 working days after the end of Token Sale.
Funds allocation
The funds raised with the Token Sale will be used as follows:
CRYPTONITY EXCHANGE PRINCIPLES
Device coverage
To ensure to customers the most convenient trading experience on any device, will develop the following interfaces:
- Web-based trading client
- Android and iOS native client
- Mobile HTML5 native client
- REST API
Multilingual support
At the initial launch, 4 languages will be supported on Cryptonity Exchange: English, French, Chinese and Korean. As intend to provide the most comfortable experience to users, will add over time all relevant languages requested by users.
Trading pairs
At the initial launch, Cryptonity Exchange will support trading pairs in the following coins:
- Bitcoin (BTC)
- Ethereum (ETH)
- Crytonity Token (XNY, will be available once ICO is finished)
- Tether (USDT)
In plan to support FIAT currencies as trading pairs, will do best to have it implemented as soon as possible.
Economic scheme
This section details the fees applicable on Exchange. All fees will always be accessible and fully detailed for all of users. No hidden fees.
- Exchange/Trading fees: 0.1% per trade.
- Withdrawal fees: between 0.2% and 0.5%, with variations between coins/tokens.
- Other fees: in case other fees apply, commit to let users know about them, in detail.
Coins and listing policy
Cryptonity will charge a fixed fee to be listed on platform. But keep the right to select coins who strictly respect criteria of selection, which is based on: liquidity, community support, user base, use case and credibility, including “low market cap” coins if their meet criteria and get support from the community. In case are not sure about some coins, will solicit community feedback. Will also enable the community to suggest coins through “Coin Request” feature.
Beside the listing policy stated above, will also submit to users a list of coins that respect criteria for them to choose one as the “Coin of the Month”, which will be listed on platform.
Each user can vote for the “Coin of the Month” by using his/her XNY Cryptonity Tokens (cost to be confirmed). More details will be available on Cryptonity Exchange.
Cryptonity blockchain
In plan to develop and launch own Blockchain. Will start working on it as soon as ICO finishes, and will keep community updated with the progress. Community involvement will be key and a huge help for us.
Decentralised exchange
In plan is to build a decentralised exchange in the future, and want to do it with the participation of the community. That’s why will launch a “code-a-thon” program, in which the best implementation(s) and/or team(s) will be offered a prize pool, paid in XNY. Like own Blockchain, will start working on it as soon as possible, once are done with ICO. Users will be updated with the details on Cryptonity.
CRYPTONITY EXCHANGE FEATURES
Security tools
You will find below the list of security features plan to implement on exchange. Some of them will be available at the launch, the others will come on a regular pace, as they are being developed.
- The email for new login with IP address mentioned can be disabled.
- Security secret questions and anti-phishing code.
- Two-Factor Authentication (2FA) through Google Authenticator and Authy.
- FIDO U2F Security Key implementation on compatible devices.
- Fingerprint unlock available for Cryptonity phone apps
- Automatic generation of a PDF with 2FA QR Code and Reset Key to be able to print them
Matching engine
Aim at providing one of the most powerful matching engine on the market.
Will support the following three types of orders:
- Market Orders
- Limit Orders
- Stop-Loss Orders
Fiat deposits & withdrawals
Users will be able to deposit and withdraw FIAT currencies through SEPA and International SWIFT Bank Transfers, once their account is verified. This feature will be implemented as soon as possible, once negotiation with organisations to get the licence is done. Details will be communicated on Cryptonity.
Analysis & strategy tools
To help users make analysis on their trades and build their strategies, will implement a “Portfolio” feature that will enable them to easily track their gains and losses for each trade, configure price alerts, and many other options to be detailed on the platform.
Forks & airdrops
In plan to support forks but some forks/airdrops are doubtful or useless projects. Would like to let the community help us choose the right projects.
In the future, will implement an “Airdrop” feature to give users the possibility to participate to an Airdrop, to get credited directly on his/her Cryptonity Exchange account, and to trade the coin or token directly on exchange, when it will be listed.
Proof-of-stake wallets, staking & masternode
Aim at being one of the first exchanges to support staking rewards for customers. Believe that this is actually the best argument have, to convince the crypto-community to use Cryptonity Exchange rather than any other exchange.
If a user holds Proof-of-Stake coins on Cryptonity, will credit his/her staking onto his/her wallet.
Proof-of-Stake Rewards feature is planned for Q3 2019.
Will also consider implementing Masternode feature in the future.
ROADMAP
Links:
Website: https://tokensale.cryptonity.io
Whitepaper: https://tokensale.cryptonity.io/storage/Whitepaper_EN.pdf
Facebook: https://www.facebook.com/CryptonityExchange
Telegram: https://t.me/CryptonityExchange
Twitter: https://twitter.com/CryptonityEx
Medium: https://medium.com/@CryptonityEx
Linkedin: https://www.linkedin.com/company/cryptonity-ltd/
Reddit: https://reddit.com/u/cryptonity_exchange
Youtube: https://www.youtube.com/channel/UCOpERvhurE8X4_jShBujWKg/featured
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5005070
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The bitcointalk name: mreretic
Profile links : https://bitcointalk.org/index.php?action=profile;u=1716487