About Nauticus
NAUTIUS is one among the event results of the blockchain business, that is functioning well and has sensible concepts supported a system that directly opens opportunities for investors to be additional open with a symbolic investment. Being one among the primary generated blockchain platforms, this company desires to appreciate and facilitate investors to be additionally involved concerning the economic weakness that a lot of folks within the world have suffered within the idea of logistic assistance as an investment that may be changed by registered users during this blockchain platform.
VISION
Our vision is to create usable, efficient and sustainable global banking, eCommerce and security solutions based on innovative blockchain technology.
We want to encourage everyone to participate in the FinTech revolution being brought about by blockchain technology.
Our solutions are aimed at everyday users, businesses of all sizes as well as local, state and federal governments.
At the same time, we want to help to create a better world for everyone, especially the underprivileged. We are strongly focused on social responsibility and philanthropy.
Nauticus will use its influence and global community to bring about change to those who need it the most. Improving living standards in developing countries, advocating for equal rights, and protecting the environment are among our core values.
Nauticus upholds the highest ethical and legal standards and considers the protection of user assets its most critical mission.
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.
Market
Around $5 trillion USD changes hands in the foreign exchange market every day, with most trade between approximately 23,000 banks. Cryptocurrency daily transaction volumes have exploded from $100 million USD a year ago, to around $30 billion USD today. That’s only set to increase – yet there are only about 170 active cryptocurrency exchange platforms taking advantage of this explosive growth worldwide. In January 2018 it was reported that exchanges were signing up more than 100,000 new users each day.
We are no longer citizens of a single country, we are all citizens of a global economy who interact with each other online. As more users adopt blockchain technology, the cryptocurrency market will continue to grow and, over time, it will take over the market share of global FX volume. Nauticus has identified this as a key opportunity.
ICO Attributes
NTS Coin and Utility Purpose:
Nauticus Coins can be used on the exchange straight away to access a 50 percent reduction in fees. Bitcoin, Ethereum and the Nauticus Coin are the key cryptocurrencies on the exchange and will be in trading pairs with most crypto currencies offered. If a user wants to trade TRON for ZCash for example, they will first need to exchange their TRON for one of the key cryptocurrencies, and then use that intermediary currency to buy ZCash. Users will naturally buy the Nauticus Coin for this purpose as it provides a 50 percent reduction in trading fees over the other options. A similar strategy adopted by Binance, saw the Binance Coin shoot up in value by 22,000 percent in the first six months (the past performance of a similar coin is no guarantee of future returns of course).
Nauticus Coin (NTS) underpins our six business and banking solutions, creating an ultra-secure medium of exchange between users. Nauticus is committed to the continuous development of innovative new technology that will be supported by NTS with low transaction fees. The initialtokens for use on the Nauticus Exchange will be created using the Ethereum network ERC20 guidelines but Nauticus will research, develop and implement a new ledger system that supports greater transaction volumes using the most efficient and scalable blockchain technology available (Nauticus is closely examining NEM or Ardor forthis). Any holding of Nauticus Coin will be mirrored by the new medium of exchange.
A maximum of 2,500,000,000 Nauticus Coins are available. Tokens sold to users will accountfor 80 percent oftotal supply; 8.5 percent ofthe token supply will be allocated to the core team and another 1.5 percent will go to advisors (the percentage allocations will be in proportion to the number oftokens sold to users). Ten percent ofthe total supply will be used in the referrals program. Atthe end ofthe ICO any unsold or unallocated Nauticus Coins will be burned. Alltokens will be disbursed atthe end ofthe ICO, and provided to the user’s designated wallet on our platform. Purchased tokens can be used immediately; however, referral and gifted tokens are restricted to our platform only (for example to pay fortrading fees) for a period oftwo years afterthe end ofthe ICO. Afterthis period,they can be freely exchanged for other crypto or fiat currencies. The team's coin pool will be limited to releasing a maximum of 20 percent oftheir supply of coins in the first year, and 40 percentin each ofthe nexttwo years.
TOKEN AND USER BENEFITS
Nauticus Coin (NTS) underpins our six business and banking solutions, creating an ultra-secure medium of exchange between users. Nauticus is committed to the continuous development of innovative new technology that will be supported by NTS with low transaction fees. The initialtokens for use on the Nauticus Exchang will be created using the Ethereum network ERC20 guidelines but Nauticus will research, develop and implement a new ledger system that supports greater transaction volumes using the most efficient and scalable blockchain technology available (Nauticus is closely examining NEM or Ardor forthis). Any holding of Nauticus Coin will be mirrored by the new medium of exchange.
A maximum of 2,500,000,000 Nauticus Coins are available. Tokens sold to users will accountfor 80 percent oftotal supply; 8.5 percent ofthe token supply will be allocated to the core team and another 1.5 percent will go to advisors (the
percentage allocations will be in proportion to the number oftokens sold to users). Ten percent ofthe total supply will be used in the referrals program. Atthe end ofthe ICO any unsold or unallocated Nauticus Coins will be burned. Alltokens will be disbursed atthe end ofthe ICO, and provided to the user’s designated wallet on our platform. Purchased tokens can be used immediately; however, referral and gifted tokens are restricted to our platform only (for example to pay fortrading fees) for a period oftwo years afterthe end ofthe ICO. Afterthis period,they can be freely exchanged for other crypto or fiat currencies. The team's coin pool will be limited to releasing a maximum of 20 percent oftheir supply of coins in the first year, and 40 percentin each ofthe nexttwo years.
~Blockchain Mining
The Nauticus blockchain mining center will commence operations using the Antminer S9 model (or the most energy efficient mining model commercially available at the time of construction) and is being designed around the principles of maximum energy and processing efficiency. Our team will also work with semiconductor manufacturers in Singapore and Taiwan to design our own custom made mining boards using ASIC processors to improve mining efficiency. More efficient machines help to lower economic and environmental costs.
~eCommerce
At Nauticus we envisage a future where disruptive blockchain technology will see major players such as eBay and Amazon forced to drastically change their business models. The Nauticus eCommerce platform will give access to a marketplace for sellers and buyers, providing a wide range of goods and services, and accepting all the major crypto and fiat currencies. It will be powered by the Nauticus Exchange, our secure online payments system and wallet.
At present buyers and sellers use major marketplaces because their policies help ensure safety and security. Free alternatives such as Craigslist and Gumtree are beset with scams and frauds, which forces merchants to turn to companies such as eBay, despite its high final value fee of 10.9 percent dramatically reducing their profits.
~Illustrative Costs and Revenue
The size of the facility, and attendant construction costs, will be dependent on the results of the ICO but for illustrative purposes, a small facility with 1500 Antminer machines would cost approximately $6.8 million USD to set up. Ongoing costs, including electricity and staff, are expected to be around $2.2 million. Total revenue generated in the first 12
months would be $3.1 million (at a Bitcoin value of $8145, possibly substantially more in future). A facility with 15,000 machines would generate revenue of $31 million. This revenue will support the expansion of the Nauticus business.
A proportion of the budget will be allocated to further research and development of more efficient mining machines, along with more efficient renewable energy solutions. Other proceeds will further the development of our payments and eCommerce solutions, or directed back to our users via lower fees.
Links.
Platform Links
Website https://www.nauticus.io/
Whitepaper https://storage.googleapis.com/assets-nauticus-platfo..
Twitter https://twitter.com/nauticusen
Facebook https://www.facebook.com/NauticusBlockchain/
Instagram https://www.instagram.com/nauticusblockchain/
Telegram https://t.me/nauticusblockchain
Authour https://bitcointalk.org/index.php?action=profile;u=1287832