Blockchain technology used a global network of computers to effective manage the information that records Bitcoin transactions. Decentralization means that the network operates on a user-to-user (or peer-to-peer) basis.
Cryptocurrency is not bound by the exchange rates, interest rates, transactions charges fee or alternative charges of any country; so it can be used at a global level without experiencing any challenges. This, in turn, saves innumerable time as well as money on the part of any business that is otherwise spent in transferring money from one country to the country. Cryptocurrency operates at the global level and thus makes transactions quite straightforward.
Cryptocurrency is only electronic money that provide a system that allow you to own your account without any third party.
For instance PayPal, if the company decides for a few reason that your account has been misused, it has the power to freeze all of the money held in the account, without consulting the owner of the fund. With cryptocurrency, you own the private key and therefore the corresponding public key that produces up your cryptocurrency address. Nobody will take that away from you (unless you release your private key yourself, or host it with a web-based wallet service that loses it for you).
Many of people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it and able to apply it to their daily lives. Businesses also need to begin accepting it. They have to make it easier to sign in and get started with cryptocurency world.
The benefit of cryptocurrencies lies in permitting you ultimate control over your money, with faster secure global transactions, and lower transaction fees in comparison to all or any existing fiat currencies in the world.
Crestonium is a new player in cryptocurrency industry with amazing disrupting solution that is first of its kind. it's a decentralized bank built on the blockchain technology that enables you get, hold and secure different kinds of cryptocurrencies, conjointly giving access to the continual accessibility of funds anytime, any day and anyplace. The fascinating things regarding Crestonium is that the platform can be accessible by any device (Laptops, palmtops, phones and tablets).
Crestonium is developed to offers valuable solutions to daily tasks and serve a platform that facilitate transfer of cryptocureency without hidden fee, using your cryptocurrencies to purchase, pay for service and send token can easily happened without any problems.
On crestonium platform, user are permits own their private keys thereby providing unlimited opportunities to the user over their account. It’s serving as a crypto bank with no transaction fee, no credit card fee, The users on crestonium permitting user enjoy each token in their account/wallet. In addition, for every holders of CXS token, there's an award program such as interest rate of up to 70% higher on the token.
Crestonium offers their user a proposition that if price of CXS token does not increase in value by 150% between the periods of 6 months, they'll refund the user's initial deposit. they are doing this as a result of they believe the project, the product and services they're rendering, and need to present the most effective, and solely the most effective.
Users on the platform can also benefit from referral program whereby users earn 5% from any CXS purchased by using their referrals and this trend continues for each referral.
The main purpose of Crestonium isn't to possess and save, however to spent, use for daily business transactions.
Distribution of Crestonium
The distribution of the token are going to be done throughout the ICO, tokens not sold-out throughout the ICO are going to be burned.
Value Proposition and uniqueness of Crestonium
• Lending: Crestonium being a cryptocurrency bank are going to be lending and giving credits.
• Shopping: Crestonium will enable online shopper to buy products or pay for service through CXS token. Rewards are giving to users who shop with crestonium token.
• Usability: Crestonium is offering a secure solution that enable blockchain into each sphere of life from banking to education, ecommerce and vacation and so on.
• No transaction Fee: 0% Fees for transactions, giving the user the whole satisfaction for his or her token.
• Lending and Earning: With Crestonium those who wish to earn additional token are going to be offered lending to earn additional interest.
Road Map
Whitepaper Q1 2018
Proof of content
Token Generation Event
Mobile App Development
Mobile app advancement Q2 2018
Integration of cryptocurrency
Interbanking payment protocol
P2P Transfer
Contactless payment support
NFC Payment Support Q3 2018
Crestonium Debit Cards
Process Automation
Desktop App Development
Support of ERC20 Tokens
Strategic market expansion Q4 2018
More functions to crestonium card and wallet
Integration with third-party financial; service
Additional language added - desktop/Mobile App
Multisignature transaction Q1-Q2 2019
Human-friendly Addresses
Advanced encryption
Archiving and data
Retention Analytics
Expansion of loyalty and reward program Q3 2019
Development of multiple operative systems
Light client mode
External data stream
Advanced feature for desktop Q4 2019
Advanced feature for mobile
24/7 online support system
Paper wallets
Expansion of promotion and marketing and media 2020- ongoing
Integration of additional cryptocurrencies
Connecting everybody on blockchain ecosystem
Secured loans
Crestonium Token Sale
Presale – 14th -20th February 2018
1st Sale amount – 21st -3rd March 2018
2nd sale Period - 4th - 8th March 2018
3rd sale Period -19th - 07 April 2018
Source:
Website: https://crestonium.io/
Bitcointalk Announcement: https://bitcointalk.org/index.php?topic=2455575