If you are in the crypto world, you know that the Kycs are an unavoidable fact. In the past, only Kyc required for large investments was now desirable even in bounty and even airdrop programs. Exchanges used to demand big shots in the past, but now there are even those who are obliged to make KYCs. You will need to do this even for $ 1 token soon. That's why Kyc is essential. The answer is hidden in money laundering and terrorist financing. The governments are questioning where the money comes from or where they are going, so everyone is imposing the KYC, so they are also imposing on us. Here Traceto.io also aims to offer a more automated solution for Kyc faster.
They summarize the things they are going to do. A network based on the KYC framework that will satisfy existing regulations. A status report that can be submitted to the regulator. Finally, they can create intelligent contracts with artificial intelligence to keep the regulation in place. Why not choose them as a short summary they said. Founders and consultants experience 50 years of regulation. They had to have a truckload of old customers and partners in offering the Kyc solution, and finally, they would make Kyc revolutionary by bringing the community together with power and artificial intelligence.
Token metrics
To build the platform traceto.io is going to draw on the ICO 35000ETH.
Since April 26, there is a pre-session on which you can go from 150 ETN with a 15% bonus.
Public sale is scheduled for June 2018, the date will be announced later.
The price of the token is 0.0000875 ETH per T2T.
During the token, 40% of the total number of T2T will be sold, 10% will remain in the reserve, the marketing and partnership pool will be 25%.
Note that the team tokens and reserve T2T are locked for 1-2 years.
Tokens will be released in the ERC20 format and will not be planned in the future, which, incidentally, is hardly useful in this case.
T2T is needed for payments for services traceto.io, and therefore the economy of the token is secured.
Traceto.io market is quite specific, niche, however, in essence all ICO projects, as well as crypto-exchange exchanges, must comply with the requirements of KYC. The plus for the traceto.io project is the fact that the parent company has been on the market for a long time and has a solid share on it. There are also competitors, in particular this is Civic (with a capitalization of $ 133m), Thekey ($ 87m), Selfkey ($ 21m). As we see, collecting on the ICO 35000 ETH about $ 24m, obviously claiming a place above Civic, the traceto.io token has a good potential for growth. In white paper project focuses on the advantages of the project in comparison with competitors.
Conclusions
The result is an ico traceto.io that I found very hard cap that they set as $ 30 million. As a person who does not like the KYC family, they can make the process easier. The most painful part is that we will have to deal with these things for 3-5 cents in order that the nation will provide funding for the show and money will be laundered. But there is nothing to do, the crypto market is far from being anonymous as it was in 2010. At least the part we care about. So whatever the best solution for us, I want it to be successful. This traceto.io mu will show you this time.
More information on the project ( traceto.io ) please visit their website listed below:
WEBSITE: https://traceto.io/
WHITEPAPER: https://traceto.io/static/wp/traceto_Whitepaper_v1_34_11052018.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2911588.0
TELEGRAM: https://t.me/tracetoio
FACEBOOK: https://www.facebook.com/traceto.io
TWITTER: https://twitter.com/tracetoio
Author: Harry leo
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1974704
Telegram username: @Harryleo15
Thank You!