The cryptocurrencies are gaining more and more popularity because of the unstoppable development of the crypto community. The state authorities also show general acceptance and recognition toward cryptocurrencies but they become too attentive and conversely apply straight regulations that the community should pass. This situation disadvantages people to buy, sell, or trade cryptocurrencies. Therefore, a solution is needed to assist them to get access to cryptocurrencies without dealing with such complicated bureaucracy and rules. Konios is trying to give solutions for easier crypto handling.
The Mission of Konios
By providing easier handling of crypto trading, Konios allows anyone including new players in crypto trading and social groups of the social minority to be able to take part in the crypto community. The platform will assist the users in doing transactions with cryptocurrencies in a simple and secure way.
Konios was founded by Patric Krasnic, the CEO, and Mikel Krasniqi, the CTO. These founders of Konios lead a team of 10 other professionals advised by 4 advisors. The team of Konios has been working hard for a year to start and develop the platform that addresses the issues related to crypto trading.
So, the company’s mission is to propose easy solutions for anyone who wants to make an investment in cryptocurrencies. They can easily buy and sell crypto and fiat anytime without being restricted by any regulation set by the state. Konios platform is also more than just an exchange. Here, users can post services and products, too.
How Konios Works
Exchanging currency can be done in three simple steps within the platform. If you want to exchange your cash for a particular currency, first of all, you should determine the fiat exchange amount and select the currency of your choice. Then, you will a list of sellers sorted by distance and ratings. You can choose any sellers from the list and send a request containing currency, amount, and other parameters you have set.
The second step is waiting the selected seller to confirm your request. Sellers can just click on their smartphone to confirm the buyer’s request. The confirmation will automatically activate the Smart Contract. The decentralized Smart Contract will freeze the agreed cryptocurrency amount until the seller and buyer complete the F2F transaction. The last step is the F2F transaction where the buyer and seller meet for money identification, transfer, and verification.
Konios ICO Token
There will be an ICO sale to fuel the further development of Konios platform. Konios tokens can be purchased with BTC, ETH, and some fiat currencies such as USD, KRW, CHF, and EUR. The sale will start on 1 May 2018. It will last for two months but there is a possibility of the premature end when the sale reaches its hard cap. There will be 3.750.000.000 KON supplied for the sale. 75% of the tokens are allocated for the ICO sale while the rest of them are for advisors, team, company reserve, presale, and reward system. Meanwhile, the funds collected from the sale will be used for platform development, advertisement, liquidity, marketing, and legal.
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