Capverto objective
The capverto aim is to provide a exchange to the cryptocurrency market which can be used as a utility token for under banked people and unbanked. And it can provide a Bank like experience to its valuable users through its prepaid card service. The main thing of this platform is building a bridge between cryptocurrency and fiat currency with prepaid cards.
The problems
In the todays world we have more institutions, fair banking systems and poverty reduction events. however in the globe we have more than 2 billion people are unbanked.
In this matters the US alone is the highest because the federal deposite insurance corporation has made its estimation about that and it is about 7 percent of entire country's unbaked which means thousands of dollars where used in a untapped. If you see out side the utilisation of the banking system is very low. And according to world bank the northern Africa and Middle East has reached 20%. Usually unbanked user are use microcredits and pawn shops to get money as loan or whatever it may.
In locally many banks are very expensive to open bank account. And many have inflexible stuff to maintain the account because it requires minimum amount of fund in a month so that poor people are trying to avoid the banking system.
The solution
In the above situation cryptocurrencies are very helpful for reducing the unbanked and underbanked. So that capverto bringing the exchange which is a digital utility token and that aims to help unbanked people.
The capverto exchange vital aim is to deliver the multifaceted Bank like experience to unbanked people, with that it is providing prepaid cards, health insurance, a trading facility, a peer to peer exchange and other cryptocurrency features. In which the prepaid card is the playing main role, these prepaid cards will be available to its users and internationally investors within the platform. Prepaid card will act like a bridge between fiat currency and cryptocurrency. With prepaid cards users should be able to link their CAP tokens with that cards and get continously increase price and here two percent fees will be collected with fiat currency. And also users may have rewards or discounts when they use the capverto exchange cards for making purchases. Using prepaid card users are able to buy health and travel insurance.
This platform is very easy to use and it taking minimal fees. It making cryptocurrency trading very simple as compared to other. With this users can easily follow and copy portfolios of other traders. And also it has wonderful feature In which 10 % of each operation of transaction is deducted and divided into capverto exchange and that is reinvested in the CAP.
Capverto MVP
Advantages of capverto exchange
With this platform users can take advantage of new technologies and services and also a P2p lender service.
Here it is giving a loan facility to its users for a period of six months and with 8 percent of interest rate.
It has automatic selling feature that would never let to down the price.
The main thing is it is very convenient platform for underbanked and unbanked.
It doesn't require any intermediate banks to help it.
It's main aim is to provide help or provide amenities for who lacking with bank account.
It providing insurance facility to user funds.
Capverto Token Details
Token name : CAP
Platform : Ethereum
Token type : ERC 20
Soft cap : 6,200,000 USD
Hard cap : 20,000,000 USD
Total supply : 250,000,000 CAP
Token Distribution
Roadmap
To know more about Capverto kindly follow these links
Website :https://capverto.com/landing/
White paper :https://capverto.com/landing#whitePaper
Social media links
Facebook :https://www.facebook.com/capverto
Twitter :https://twitter.com/capverto
Telegram :https://t.me/CAPVERTOOFFICAL
LinkedIn :https://www.linkedin.com/company/capverto
About author
Bitcointalk name : Balu1008
Bitcointalk link :https://bitcointalk.org/index.php?action=profile;u=1924676;sa=summary
ETH address : 0xE6aE87Ffd560e40817ed53DcAa2b61F7c77626e7
Good article