There are many cryptocurrencies being released on the market every day, but are they really useful for something? Unfortunately, many altcoins are very problematic and destined for failure. Nauticus Coin, the cryptocurrency that we will review today, claims not to be one of them.
What Is Nauticus?
If there are so many useless cryptocurrencies on the market, what can you do to make your own cryptocurrency get the attention of people? Nauticus answer to this is: create a really useful currency, one that you can use as soon as you buy it and that will really be more than sheer speculation of the market.
Nauticus Coin is a cryptocurrency which was created to be used on the Nautilus platform. The Nautilus platform will be an e-commerce platform which plans to be more accessible than the other current companies by having small fees. The company believes that only by making this the cryptocurrency is going to reach a good price on the market.
This company was created by Arif Alexander Ahmad and Marco Mengele, both young, but eager to carve their place in this competitive market. They both have experience in capital markets and blockchain technology. The rest of the team also looks very solid. The company is based in Australia.
How Nauticus Crypto Banking, Payments & eCom Blockchain Works
The idea which drives Nauticus is the creation of a cryptocurrency in which the investors can really trust and that, the company believes, can only be made if the coin is really useful for something as soon as the Initial Coin Offering (ICO) is over.
The Nauticus Marketplace will consist of six e-commerce and banking sites in which the users will be able to use their tokens to buy goods as soon as they finish buying the tokens and the ICO is finished. This marketplace will use KYC to prevent frauds and it can become a quite competitive marketplace with time.
You will also be able to use other cryptocurrencies on these platforms, but Nauticus Coins will enable you to have a 50% reduction on the fees charged by the company. This means that buying with Nauticus Coin will become the obvious choice of everybody who shops in these platforms. The low fees will help to attract customers to the platform.
Nauticus NTS ICO Details
If you want to invest in Nauticus, you have to buy tokens from the company. These tokens are being sold on the company’s ICO. If you want, you may pre-register for the ICO to be able to access better prices. The pre-sale will start on March 15.
An advice: you may not use credit cards to buy tokens. You can either use Bitcoin, Bitcoin Cash, Ethereum or direct money transfers. The price per token is 1 NTS = 0.00001 BTC and you have to buy at least 500 NTS tokens to participate in the sale.
The soft cap of the sale is 8 million USD and the hard cap is 88 million USD. These caps exist to prevent investors from investing too much money or not investing enough in the company. If the soft cap is not reached by the end of the ICO, the sale will be canceled (but the company announced that the project will still be running). Unsold tokens will be all burned to prevent inflation.
Is Nauticus Coin the best choice of investment for you? It does, certainly, look like a very good choice. As Nauticus Coins will start to be used as soon as the ICO is over, there is a big chance that the price of the tokens will go up soon. Another company, Binance, also used its tokens in a similar way and their price skyrocketed.
Because of this, Nauticus Coin is recommended for all types of investors. If you want to use the platform, it might be a good idea to buy now, but even if you do not care about the Nauticus Marketplace at all you will still be able to get a good return on investment if you buy the tokens and then sell them later for a higher price, which does not look like it is going to be far from now.
If you liked this company, buy the tokens without being afraid. There is no possibility of this being a scam and this company will probably be very successful, so this will be a good acquisition.