Thursday, July 26, 2018

KONIOS - Project ICO

Foto Konios Project.
Welcome my friends to an exciting new Project today and let's take a look at their great idea:

About Konios?

Konios was created by a duo composed by Patrik Krasnic (CEO) and Mikel Krasniqi (CTO). This duo combines e-commerce capabilities with Krasnic and Krasniqi's development capabilities. With a team of about 10 other professionals and four counselors.

As stated earlier, Konios's goal is to create an easy solution for people who want to invest in crypto currency. The platform will offer an easy way to buy and sell crypto and cash whenever you want. The company believes that restrictions and regulations are bad for the blockchain market because they will keep the industry from growing, so the solution is deregulation.

Watch This Video...

Transaction flow F2F

Step 1
A Konios platform user wants to exchange his cash for a currency of his choice. First, the user defines the FIAT exchange amount and selects the desired cryptocurrency. The filter function simplifies the search for the desired cryptocurrency.

A list of sellers, sorted by distance, is displayed according to the parameters. The exact position and identity of the sellers are never visible, only the distance and the respective ratings of the seller. Now the buyer is free to choose a person from the list. The user also has the option of displaying a map with the sellers instead of the list, whereby only the region where the seller is active is marked. A request will now be sent to the selected seller, which contains the parameters set by the buyer (currency, amount, date, time and place).

Step 2
The seller confirms the purchase request by clicking on his smartphone, taking all parameters into account. The seller's confirmation activates the Smart Contract. All previously defined parameters are now part of the Smart Contract. The agreed cryptocurrency amount is frozen by the decentralized smart contract until the two parties have met and completed the F2F transaction. The Smart-Contract is only fulfilled after the transaction has been successfully completed and the payment to the buyer is automatically released.

Step 3 (F2F)
From this step onwards, buyer and seller are sitting face to face.
User Identification
Mutual confirmation of presence by scanning a QR code.
Money Identification
The buyer presents the cash and counts it in front of the seller.
Cash is handed over to the seller and confirmed by app on both sides.

Verification by the seller
Seller counts and checks the cash (incl. help tools for identifying counterfeit money) with subsequent confirmation on both sides. From here on, the transaction is completed positively and the exchange partners can go their separate ways.

The Smart-Contract automatically triggers the transfer of the cryptocurrency to the buyer.

As soon as the cryptocurrency arrives on the buyer's wallet, an evaluation request will be sent to both exchange partners, with the persons being evaluated for each completed transaction. This increases confidence in good rated exchange partners for future transactions with inexperienced users.

Konios Wallet
One wallet - for all coins and all activities. Safe. Fast. Simple. The security of user portfolios is the focus of the development team. Thus, a diversified wallet structure was envisaged. On the one hand, access relevant information is secured in traditional form as well as in cooperation with other wallet providers and developers. The main characteristic is the individual attitude and the necessary resources for a possible serious attack.

Konios Token
The Konios Token serves as an access point for using the platform. In order to gain access to an exchange, such as for F2F transactions, the corresponding number of KON-Tokens must be added to the Konios platform. Without this, no service on the Konios platform can be used. 

Overview ICO
  • NAME Konios Token
  • PRICE $ 0.01
  • MAX 5 billion
  • 1st Lot 2’000’000’000 KON
  • 2nd Lot 600’000’000 KON
  • 3rd Lot 300’000’000 KON
  • FIAT -
  • MAX -
BONUS Number of Token
  • 1st Lot 35% 700’000’000 KON
  • 2nd Lot 20% 120’000’000 KON
  • 3rd Lot 10% 30’000’000 KON
  • START July 1, 2018
  • DURATION 90 Days
  • JOIN AT Website
  • TOTAL TOKEN IN THE ICO 3’750’000’000 KON
  • PREMATURE END Yes, upon reaching USD 29 Mio.
  • (Hardcap)

You can find out more about the platform or participate in their sales crowd through the following links:

Bitcointalk username: Aray80