[ICO Review] About Konios

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[ICO Review] About Konios

 

Hello everyone, If you're interested in joining the Konios project, it's a good idea to read reviews that can help you get information that might help you in viewing their mission vision

Introduction :

 

Based out of Switzerland, Konios wants to make it possible for anyone to gain access to​ the crypto world. It doesn't mean there aren't any existing platforms trying to do this same thing but as with every other thing, these earlier platforms have shortcomings Konios plans to address. Some of these shortcomings include ambiguity in the platform's design​ and high transaction fees.

The Konios Trading platform is designed for simplified usage. The platform offers integrated analysis tools, to display charts by customized parameters. Especially designed to show laymen the necessary information and predictions. Coin related news and more relevant online information will be provided in a separate section, allowing personal research to take place within the exchange.


The main components of the platform:

 

F2F are safe and anonymous transactions of cash in the crypto currency and vice versa;
  • Exchange - any digital exchanges on the platform;
  • Marketplace - a store in which you can buy at the expense of fiat funds, as well as crypto currency;
  • Konios Trading - Trading platform with professional tools for trading on the markets, with built-in news channels for convenient trading;
  • Konios Data
  1. Statistics - Anonymous data from the crypto area is provided for the empirical analyzes that are available in Konios Blockchain without any errors.
  2. Characteristics Anonymous behavioral data from F2F, Exchange, Marketplace and Trading is provided.
  3. Geo is anonymous user location information for offline meetings.
All data from the Konios Platform and Konios Trading is provided to the users via API or Excel download free of charge.


How Konios work?

 

  • A Konios platform user is interested in making the exchange specify the amount and choose the necessary cryptocurrency. After that, the user hits out the person from the list of offered sellers who are sorted by distance. A request containing parameters specified by the buyer (currency, amount, date, time and place) is sent to the seller selected.
  • Seller confirms a request to purchase and activate a smart contract on their smartphone. All of the predefined parameters are now part of the Smart Contract. The agreed number of cryptocurrencies is frozen by a smart contract until both parties complete the F2F transaction.
How F2F works
  • User identification and mutual confirmation of presence by scanning QR code.
  • The buyer presents the cash and counts it in front of the seller.
  • Cash transferred to seller and confirmed by app on both sides.
  • Smart-Contract payments automatically initiate cryptocurrency transfers to buyers.
  • As soon as cryptocurrency comes to buyer's wallet, the request for appraisal will be sent both sides. This increases trust to exchange partners for future transactions.
In addition to the steps mentioned above, the user may request additional checks using a validator. The validator will be in this case real and proven by the Konios platform person who can assess the situation and confirm the transaction is very high for the benefit of both parties.
 

This grand plan Konios has developed is divided into three phases.
The first phase has to do with Konios making it possible for as many people as possible to join the crypto community. It is believed that with more people getting to understand the technology and its use cases​, there will be less of negative news about crypto flying around. Konios plans to implement a Face-to-Face (F2F) method of exchange to solve the issue of high transaction fees by eliminating intermediaries. Bringing in more people will also mean improving the liquidity of the crypto space as these new entrants come in with FIAT. This is called the "Transition Period".
The second phase involves providing an easy to use trading platform and also a means to make spending cryptocurrency a lot easier for everyone. While the third phase will give everyone access to decision-influencing data, previously available to only financially strong institutions, free of charge.

Token and ICO Details

 

The Konios token (KON) will have a max supply of 5 Billion KON.
The token​ sale will begin on the 1st of May 2018 and will last for 60 days or until the hardcap of $29 Million is reached. There will be a total of 3.75 Billion KON available for sale during this period at a price of $0.01 per KON. However, discounts exist at various stages of the token sale. Both Crypto (BTC and ETH) as well as FIAT (USD, EUR, CHF, RMB, KRW) can be used to purchase KON during the sale.


Team






For More Information:

WEBSITE :https://konios.com/
WHITEPAPER :https://drive.google.com/file/d/1Nf6o1WJooXwv8KCe6vxxqoqmQFpIcMY1/view
FACEBOOK :https://www.facebook.com/konios.social/
TWITER :https://twitter.com/KoniosOfficial
TELEGRAM :https://t.me/koniosofficial



AUTHOR : Henry7
Profile :  https://bitcointalk.org/index.php?action=profile;u=1627817


 

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