Cryptonity has the ultimate solution to the multitudinous problems we are constantly faced with in the cryptocurrency exchange platforms. Based on our experiences in cryptocurrency as traders and miners who have been active users of current platforms, we do believe that we have the knowledge and the skills needed to build the cryptocurrency exchange you’ve been waiting for. We also believe that in an exchange project, as for any other business, the customer is the king, and should be treated as a king, or a queen. Our users/customers are the ones who use our tools, trust to keep their money safe, and thus help us build our reputation and credibility in the market. So they deserve to be listened to and to be treated with care.
WHAT IS CRYPTONITY?
Cryptonity is the cutting-edge exchange and first crypto community exchange. It is the combination of Crypto and Community. It’s simple, but strong and meaningful; as our goal is to be an exchange that is respected by the Cryptocurrency Community. At Cryptonity, we aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market.
PROBLEM ON CURRENT EXCHANGES
From our point of view, we see two different categories of cryptocurrency exchanges: the big players on the one hand, and the challengers on the other hand. The ones we subjectively call the challengers do not care about their users or customers, and seem not worried about their credibility. The majority of them list all coins who accept to pay their expensive fees, and that’s it. They don’t interact with their customers, don’t make any improvements (such as UI upgrades), and only focus on maximising their incomes. They are very often not transparent at a point which it is, sometimes, for us, hard to understand how some users can trust them and engage their money on those exchanges. We think that it’s because some “low cap” altcoins are only available on those exchanges.
Regarding the big players, we also have a lot of questions. Are they real companies? Are theyregulated? Do they have plans to support FIAT? Do they have any bank account? Where are they based? Are their platforms really safe? Is there any insurance in case our money is stolen? Can we talk to someone in a live chat? Can we call them in case of emergency? And the list goes on. At the end of the day, it’s all related to security and transparency issues. It’s actually even worse for big players as they are the main target for hackers and thieves. We could write a book about cryptocurrency exchange related problems, and the ones stated above are only a few among a very long list of things the market can do better. In the same time, we understand that running an exchange involves many challenges and risks. Aside security and transparency issues, we have also noticed issues related to user experience, such as lack of trading tools, insufficient language support, slow withdrawal processes, etc.
CRYPTONITY SOLUTIONS
At Cryptonity, we aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market. One of the key aspect of our project is security. We want to provide to our users the most secure trading platform. To achieve that goal, we will work with the best known security experts in the market, be audited twice a year by independent security companies, and communicate our audit results to all of our users. Our security partners will be mentioned on our website. To go further in guaranteeing our users the safest trading experience, we will setup an insurance policy to refund our users in case of losses, due to an attack. You will find more details about our insurance policy below, in the Exchange Principles section.
The other very important aspect is the collaborative interaction with our users. It is more than natural for us to involve our users in the evolution of our platform. We will have various communication channels open to interact with our users and we will make sure to respond to our users’ requests as promptly as possible. We want our 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, we will put all our efforts to provide our users with a comprehensive andergonomic set of trading tools, including a large number of languages. We invite you to learn about the main features Cryptonity will provide.
TOKEN SPECIFICATIONS
We will issue our own token, called Cryptonity Token, with the ticker XNY. Our Cryptonity Token will run natively off the Ethereum Blockchain. We are planning to develop our own Blockchain in the near future and we will start working on it right after our Token Sale is finalised. We will issue a fixed amount of 100M (one hundred million) Cryptonity Tokens. We will never increase that amount or repurchase our Tokens. Manipulating our token such as decreasing the total supply to create deflation is against our ethical policy and the worst way to gain respect from the community, the traditional market and the regulators. We do not want to use practices that contribute to give a bad image to a crypto market that surely doesn’t need that.
Cryptonity Token will be a utility token and its price shall thus be related to its utility. Our 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 our fees in the “Economic Scheme” section.
TOKEN ALLOCATION
Cryptonity Token Allocation will be done as follows:
60M for our Public Token Sale (ICO)
20M for the Cryptonity Core Team
10M for our Airdrop & Bounty Programs
7M for insurance purposes
3M for our Advisors
TOKEN SALES DETAIL:
Token: XNY
Price: 1 XNY = 0.23 USD
Bounty: Available
Platform: Ethereum
Accepting: ETH, BTC, BCH, LTC
Soft cap: 500,000 USD
Hard cap: 20,120,000 USD
Country: France
Whitelist: KYC
Restricted areas: USA
TOKEN SALE RULES & DETAILS
Our Token Sale will be done in multiple cryptocurrencies that are: Bitcoin, Bitcoin Cash,
Ethereum, Litecoin and Binance Coin.Our 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. Our lead company is located in France and thus the French laws and regulations will apply for the Crowdsale. USA citizens cannot participate in our token sale. Citizens from any other country are welcome. Cryptonity Token will be released 15 working days after the end of our Token Sale.
ROADMAP
For more consequential information about this exceptional project, please visit the links below.
Website: https://tokensale.cryptonity.io/en
Whitepaper: https://tokensale.cryptonity.io/storage/Whitepaper_EN.pdf
Ann Threads: https://bitcointalk.org/index.php?topic=5005070
Facebook: https://www.facebook.com/CryptonityExchange
Twitter: https://twitter.com/CryptonityEx
Telegram: https://t.me/CryptonityExchange
LinkedIn: https://www.linkedin.com/company/cryptonity-ltd/
Author’s Detail:
BTC Username: Ever-young
BTC Profile Link: https://bitcointalk.org/index.php?action=profile;u=1760289