Nauticus ICO Review – First Crypto to Fiat Currency Exchange that offers 7 Fiat Currencies
Nauticus provides user-friendly, efficient and secure crypto banking, payments and eCommerce solutions utilizing blockchain technology, underpinned by the Nauticus Coin.
This white paper provides a comprehensive insight into the Nauticus Initial Coin Offering (ICO),
RUNNING from March 31 to July 18, 2018.
White paper
Official Youtube Presentation
What is Nauticus?
Nauticus is a crypto and fiat currency exchange platform that aims to improve the way things should be done. Competing with already existing platforms such as Changelly.Com, Local Bitcoins, Coinbase and Streamity, Nauticus should step up its game to get their piece of cake in the crypto industry.
A beta version of the Nauticus Exchange has already been launched so you guys might want to go and check it out for yourself. The fully operational exchange will be launched by mid – 2018 according to the information from their roadmap. It will be launched as a centralized exchange utilizing the same trading software as NASDAQ in order to allow high-speed trading of over 1 million transactions per second. Other than high-speed transactions, Nauticus also offers lower fees that can be as low as 0.1%. Additionally, traders can also get a 50% discount on trading fees of they use Nauticus coin as payment for transactions during the first year of operations to increase the liquidity of the Nauticus coins and support the value in the future
.Nauticus Exchange Features:
.First crypto and fiat currency exchange to offer to trade with over 100 cryptocurrencies and conversion to 7 fiat currencies at launch
.Numbers will increase from 100 to 300 cryptocurrency and from 6 to 16 fiat currencies within 12 months to accommodate more crypto consumers
Why Nauticus?
Around $30 billion USD worth of cryptocurrencies are traded each day. This figure will only grow into the future and yet there are only around 170 active cryptocurrency exchange platforms taking advantage of this explosive growth worldwide.
The Nauticus Exchange is the final stages of development and is due to open in mid-2018. When it opens it will offer 100 crypto and six fiat currencies (USD, EUR, JPY, HKD, AUD and ZAR). Within 12 months the exchange will offer 300 cryptocurrencies ̶ exponentially more than most other exchanges. Nauticus will also offer 16 fiat currencies.
Nauticus is also establishing a sustainable blockchain mining center that will provide revenue, and a sizeable amount of server capacity to ensure ultra-fast processing for all users of Nauticus services. The center will use renewable energy.
Profits will be reinvested in the business to support the development of a low-cost eCommerce marketplace, along with merchant and peer-to-peer payment options. These new platforms will be underpinned by the Nauticus Coin, Exchange, Mobile App and Wallet.
The company will also offer Know Your Customer (KYC) verification and create an ICO community, which will provide resources and services for new ICOs as well as a quality verification system.
Early supporters of the Nauticus ICO will be provided a BONUS OF 30 PER CENT FREE COINS. Members of the public can access 100 FREE COINS simply by signing up to our website.
ICO Legality
Nauticus is an Australian-based ICO registered with the Australian Government regulator of digital currency and remittance registration status, the AUSTRAC so it can be guaranteed that this ICO is not illegal by any means or the team behind it is not cooking a scam.
The Nautics token sale does not have any investment restrictions, which means that all interested investors from all parts of the globe can participate in the ICO. Although in compliance with Anti-Money Laundering laws from different nations, KYC checks will be conducted to ICO investors, same as with the founders of the team, to avoid illegal activities such as money laundering and terrorist financing.
TOKEN Economics
The Nauticus coin is an ERC20 utility token from the Ethereum network which is also called NTS. The NTS tokens will have a fixed total supply of 2.5 billion. No additional tokens will be issued in the future to ensure sustainability of its value.
Token Distribution in Percentage
Token Sale – 80% (2 billion NTS tokens)
Referrals and Bonuses – 9% (225 million NTS tokens)
Team and Advisors – 10% (250 million NTS tokens)
Bounty Program – 1% (25 million NTS tokens)
The Nauticus ICO has a soft cap of $8 million USD which they have already surpassed. They are aiming for a hard cap of $88 million USD and with 14 days more until the end of their ICO, it seems $88 million USD is too far-fetched. Currently, they are able to raise $11.8 million USD with each token priced at around $0.095 USD basing on the most current price of Bitcoin. All unsold tokens during the ICO will be burned.
Blockchain Mining Center
Providing server capacity for Nauticus users
Enabling faster and cheaper transactions
Utilizing renewable energy
Worldwide eCommerce
Ultra low fee marketplace
Fast and secure payment system and mobile app
Detailed rating and accountability system
Merchant Payments Platform
Instant payments settlement
Ultra low fees down to 0.1 percent
Contactless payments via NFC, QR, ApplePay and AndroidPay
Global KYC Verification
Secure and unique identity verification
User controlled data and credit information sharing
Transparent records of access activity
ICO Gateway
Resources and support for new ICOs
List new coins on Nauticus Exchange
Transparent records of access activity
Hype and Marketing Awareness
The Nauticus ICO has a really good social media presence and good communication with their supporters and followers.
Facebook 28,000 Likes
Twitter 10,000 Followers
Telegram 10,155 members
ICO investors should always take note that more hype means more trading volume when the tokens hit the exchange market and more people involve means token prices will be quick to grow because of the increase in demand.
Team and Advisors
The CEO and founder of Nauticus Bryan Ng have more than 15 years of experience in Accounting and Financial Industry while the COO and co-founder Jonathan Chang, is a banker for more than 3 years in Australia. CTO of Nauticus Hong Huynh is in the business industry since 1992 wherein he founded a company that is still active until now. All in all, the Nauticus core team is made up of 16 equally talented and experienced professionals which are working hand in hand to make the Nauticus vision into a reality.
For the advisory board of Nauticus ICO, they have really solid advisors like Vladimir Nikitin and Ian Scarff who belongs to the top 5 most successful advisors in ICO Bench. They have a total of 18 advisors present in the team from different fields of exchange and banking and technology, software and policy.
Powered by
Media
Medium - https://medium.com/@nauticus
Instagram - https://www.instagram.com/nauticusblockchain/
Youtube - https://www.youtube.com/channel/UCZdjqYdJbLZe9iILn5MRq7w
Bonus Sale, May 19 to July 18
The bonus sale has been structured to reward loyal members of the Nauticus Community, while also providing an incentive for new supporters to buy Nauticus Coins.
Early supporters will receive the same bonus they got for their initial purchase of NTS, until July 18.
So if you bought NTS in the ICO presale, you’ll receive a 30 percent bonus for any new purchase during the entire bonus sale period.
If you bought during stage one, you’ll get 20 percent, and so on.
New buyers receive a 5 percent bonus, and can access an extra 5 percent for bulk purchases.
My information:
Bitcointalk user name: morshed400
Bitcointalk profile Link: https://bitcointalk.org/index.php?action=profile;u=1955592
ETH address:0x8A6c55A0531AEcDbD5F04CdA89467567Ab0715b9