In this era of the blockchain revolution, Kryptoboy.com intends to advocate for the mass adoption of cryptocurrencies and distributed ledger technology. Primarily, this projects intends to focus on the populations that are currently unbanked or underserved by conventional financial institutions.
What Is Kryptoboy?
Ultimately, Kryptoboy.com aims to become the most revered blockchain-driven financial enterprise in the globe. In line with this vision, the platform strives to implement the latest security infrastructure, cutting-edge technology and maintain a good rapport with its client base.
Current Situation Of The Banking Industry
According to The World Bank, a significant majority from the most impoverished backgrounds are unbanked. As a result, they cannot access financial services such as loans, insurance and so on.
While the usage of smartphones has soared in recent times, it has had no substantial impact on internet banking or shopping. In the developing world, the number of payments made over the internet can be as low as 1% in some instances.
Despite their convenience, most people still prefer paying in cash to sing debit cards. This trend cuts across both the developed and the developing worlds.
The Kryptoboy Crypto Lending Platform Solution
As mentioned earlier, Krytoboy.com will use blockchain technology to promote its vision of an all-encompassing financial inclusion. Some of the benefits of this innovative platform will include:
Unlike traditional banks which are governed by local governments, a blockchain-based bank is not limited by bureaucracies. Instead, it provides universal accessibility to its members.
Currently, scaling up the existing infrastructure is an expensive and cumbersome process. However, block-chain-based platforms are usually easy to scale up.
Blockchain technology significantly improves the speed at which transactions are processed and validated.
As opposed to the present systems, distributed ledgers are immune to breaches and network attacks by malicious individuals.
Cryptocurrency Exchange And Debit Cards
Initially, the Kryptoboy.com digital exchange will support BTC, ETH and USD pairs. Later, additional digital and fiat currencies will be supported. Furthermore, this platform will develop debit cards that enable the use of virtual currencies during shopping.
Krytoboy.com will collaborate with ATM manufactures to develop cryptocurrency ATMs which will be distributed in prime locations across the world. These machines will make the process of acquiring or exchanging digital currencies more convenient.
Collateralization Of Digital Assets
Krytoboy.com will avail loans to individuals and businesses who are willing to collateralize their digital assets such as cryptocurrencies.
Asset Tokenization And Trading
Kryptoboy.com will develop tokens for blockchain-based startups in accordance with the situational need of that particular business.
Kryptoboy KBC Token ICO Details
Kryptoboy.com intends to conduct a crowdsale event where it will issue KBC tokens. KBC is a utility token based on the ERC20 protocol and built on the Ethereum blockchain. The token sale will be conducted on the official website, kryptoboy.com. The total supply of tokens will be 2,000,000,000 KBC.
Parameters Of The ICO
- Token symbol: KBC
- ICO supply: 1,000,000,000 KBC
- Hard cap: $250 million or 625,000 ETH
- Exchange rate: 1 ETH = 400 KBC
- Presale: 15th May to 14th June, 2018
- ICO: 1st July to 30TH July, 2018