BY ZIKRULLAHI UBA
• INTRODUCTION
Since November, 2017 konios brought the possiblity to obtain cryptocurrences in exchange with FIAT money, by developing and programming a platform for all crypto enthusiasts worldwide to enable them to enter the crypto world with cash. Easy access to the konios platform requires only a smartphone and an internet connection. The transaction is carried out base on exchange principle developed in switzerland, with out the use of a bank or other intermediates. The transaction take place face-to-face with another user of the platform. It is built up by the five security keys and the participants make the exchange with only four clicks on their smartphones.
In order to keep the transactions secure and fee low, the own blockchain, which validates and registers all transactions and activities locally within the platform, is designed to serves as a basis for the use of all cryptocurrencies without paying the respective chain fees. The smart contract monitors and check the transaction and all processes within the flatform.
The active user of the konios will benefit from it’s reward system. This increase the security of the flatform and supports the worldwide acceptance of the exchange procedure. After each transaction, evaluations are given by the exchange partners. The reward and penalty parameters stored in the smart-contract sort incorrect behavior and reward the users for their positive contribution
• AIM AND OBJECTIVES
- To aid bringing some cash/ FIAT money into the crypto market.
- To provide the world's easiest access to the crypto community
- To eliminate the astronomical exchange office fees experienced in a simple transaction.
- To bring continuous growth of crypto community by implementing blockchain solution in the financial center.
• KONIOS PLATFORM
– Secure and anonymous face-to-face transaction of cash to cryptocurrency. (crypto/cash)
– Digital change of any cryptocurrency pairs. (crypto/crypto)
– Easily buy and sell commercial goods and services with cash and cryptocurrencies. (product, service/cash,crypto)
• KONIOS TRADING
A trading platform characterised by a simple procedure and an integrated analysis tool that displays the desire parameters in the chart.
Coin news and other relevant imformation from the internet can be provided, which can be customized as desire.
• KONIOS DATA
Statistics : anonymous data from the crypto domain is provided for empirical analyses, which can be customized as desire.
Behavior : anonymized behavior data from face-to-face, Exchange, Marketplace and Trading are provided.
Geo : anonymous location information is provided to identify geographical concentrations and create new market place.
– All data of the Konios platform and Konios Trading are provided to the users as API or excel download free of charge.
• KONIOS BLOCKCHAIN
Transaction : the integration of the Konios Blockchain is intended to validate the transactions within the plat form.
Smart-contract : transaction processing, whether face-to-face, Exchange, Marketplace or Trading, is performed anonymously via in-house smart contracts and implemented with unchangeable, decentralized conditions.
• KONIOS WALET
The wallet is used both on the platform and externally for connection or mobile use.
• INITIAL COIN OFFERING (ICO)
– OVERVIEW
– DISTRIBUTION TOKEN
This clearly shows that the KON token distribution plan, with a community share of 88% (public sale75% ,presale2% ,airdrop4% ,reward system7%), focuses on a decentralized distribution of KON token.
– DISTRIBUTION PLAN OF FUND COLLECTED
FROM ICO
The focus is on a development-oriented distribution of the available funds and a large-scale marketing campaign. This enable a rapid launch of the konios platform
• KONIOS ECONOMY
Most of the global population lack a platform where you can participate in the world of crypto without bank. this hurdle exclude a huge mass of people who actually want join. The crypto community is known for its openness to newcomers. It will supports you at the start with countless vedios, documents and help you to master the entry and dive in successfully.
The market capitalization of cryptocurrencies is still very low compared to common means of payment such as USD and EUR. (FIAT)
– The following is a market capitalization comparism of crypto and FIAT currencies.
• CONCLUSION
Despite the million of crypto users in the world, the influence of cryptocurrencies in everyday life is not noticeable because of the poor accessibility of cryptocurrencies for every day users.
The cash holdings in relation to the FIAT digital holding are modest in percentage terms, but in USD term they represent a gigantic sum for the crypto market. Only 10% of the cash holdings already account for a threefold increase in crypto market capitalization. Cash holdings are liquid funds that can be use immediately. With the konios platform, This willing liquidity is introduced into the crypto market and escapes the usual detours.
• FOR MORE IMPORMATION VISIT :
- Website :https://konios.com
- Whitepaper :https://konios.com/#whatepaper-sec
- Twitter :https://mobile.twitter.com/KoniosOfficial
- Facebook : https://www.facebook.com/konios.social/
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https://medium.com/@zikrullahiuba/konios-the-worlds-most-secure-cash-and-crypto-platform-c4394baf49b3
@zikrullah014 Thanks for sharing. Gonna try this also.
Thanks too