Cryptov8

Upik05

INTRODUCTION

Cryptov8 will be a UK domiciled and authorized bank using blockchain technology to bridge the gap between crypto banking and traditional banking products and services. Cryptov8 technology platforms and digital assets will enhance adoption and usage of cryptocurrencies globally.The Cryptov8 project extends far beyond any existing ‘Crypto Banking’ services that exist today.Not only they will have a universal account and wallet, Cryptov8 intend to streamline certain challenges that customers regularly confront, which will ultimately create the best possible route for adoption of cryptocurrencies.

Cryptov8 is a banking platform that seeks to bridge the gap between the crypto bank and traditional banking products and services, using blockchain technology. Cryptov8 also aims to provide users with a convenient way to use their cryptocurrencies on the cryptographic market. Blockchain technology combined with the digital assets provided by Cryptov8 will help improve the use and use of electronic currency around the worldCharacteristics of Cryptov8.

CRYPTOV8 SUPPORT THERE ARE EIGHT AREAS OF ASSETS WHICH I READ, DESIGNED FOR TACKLE THE FOLLOWING CHALLENGES:

Minimize the barriers to participating by giving the rank of the bank, providing a safe place for customers to store their entire crypto portfolio.
Educating and learning for users in digital complexity currency, leading it to make decisions.
Provide access equipment for easy entry into exchange by providing a mechanism for the conversion of fiat into crypto.
Support for the use of cryptocurrency with merchant providers, payment gateway that supports crypto spending.
The payment of preferential payments, rewards and withdrawals foreign exchange rates that do not penalize users.
Lending encouragement for the balance of crypto and giving holders a potential asset income.
Providing additional value-added services through strategic enhancement partnerships with other organizations and access providers to services through distributed ledger technology.
Customer support with the help of cognitive learning a help for they receive answers and facilitate complicated ones transaction.
A safe and valid place provider for arrangements movement, purchase or demand balance

How is Cryptov8 different

We are in the process of becoming a UK regulated, full service digital retail bank for Mortgages, Loans, Savings and Current Accounts. We will serve retail and SME customers in a familiar way, whilst using blockchain technology to transform the customer experience.

The Cryptov8 project extends far beyond any existing ‘CryptoBanking’ services that exist today. Our project aims to streamline challenges that customers often face, which will ultimately create the best possible route for adoption of cryptocurrencies, globally.

Convenience – Making wallet installation, access and usage straight forward.
Trust – As an authorised and regulated bank, we will apply the highest levels of regulatory principles and best industry practice to protect our customers.
Security – Providing bank grade security across wallet/asset storage, password retrieval and fraud protection.
Cost – Making exchange costs and withdrawals cheaper and more certain.
Reward – Uniquely, our cryptobanking customers will directly receive rewards for their loyalty.We will give a share of our cryptobanking fees back to our customers.
Acceptance – Making cryptocurrency payment mainstream.
Education – Providing easy access to educational material,an evolving knowledge base and providing unrivaled support to cryptocurrency customers.

Charateristics of Cryptov8

A number of benefits to customers holding the CRV8 token code are outlined below.This is not a complete list but provides the reader with an indication of how the token will be used to encourage and reward customers to enter the market and hold tokens.

Technology of Cryptov8

From the beginning,Cryptov8 recognized that the identification and control of customer journey as well as criteria for selecting technology and their evaluation process were made with these objectives.Cryptov8 acknowledges that for many peripheral services and especially those associated with the electronic money market and Blockchain they will need to collaborate with a range of organizations to provide the best service and best value for their customers.

Issues of Decentralization

In addition, Cryptov8 will decentralize remittances, which are currently controlled by existing banks. This will offer customers access to the crypto currency market in a way that is easy, cheap or even free. This will improve the participation of clients in the crypto currency market, the Cryptov8 project tokens will be used as a payment instrument, or reward for certain actions within the platform.

Why Should we Seriously Condiser The Cryptov8 Project

Unification of services operating in the cryptocurrency segment.The Cryptov8 banking platform will work with relevant organizations to expand the range of encryption and locking services that they offer to their clients. The decentralized platform Cryptov8 will also combine all services related to cryptocurrency on one platform. This is a unique opportunity to quickly and safely access the required services, using the functionality of this platform.

Prepaid Fee For Electronic Mohney Transfer

Easy and fast transfer between electronic money “Atomic swap”

Attractive exchange rates for electronic money transactions

Account details Savings at preferential interest rates

Saving Fee

Access to electronic money education materials and discounts on official courses from well-known education providers and industry experts.

A potential conversion in the future token dividend, meet the current regulatory requirements and favorable business conditions at that time.

Wallet

On the platform will be a crypto-currency wallet, where users can track their account status, work with assets. Users with a currency of the currency will be able to purchase the required number of tokens, and can also analyze their wealth, accumulated at the expense of savings or investments in crypto-currencies. The banking platform combines the exchange of crypto-currencies, which allows users to trade, buy or sell their tokens, relying on their own decisions or the situation in the existing market.

DETAIL ICO Cryptov8

Token Information

Token : CRV8

Pre-ICO Price : 1 CRV8 = 0.0002089 ETH

ICO Price: 1 CRV8 = 0.0002646 ETH

Platform: Ethereum

Pre -ICO

14th July 2018–24th August 2018

Price = 0.0002089 ETH

1 ETH = 4,788 CRV8

Min. purchase = 0.1 ETH

Max. purchase = N/A

ICO

24th August 2018–20th October 2018

Price = 0.0002315-.0002646 ETH

1 ETH = 4,320–3,780 CRV8

Min. purchase = 0.1 ETH

Max. purchase = N/A

Soft cap = 15,625 ETH

Hard cap = 156,250 ETH

Country = UK

Whitelist / KYC = Yes KYC & Whitelist

Prohibited = USA, China, South Korea

Milestones

Q3 2016

FCA approve a consumer credit license enabling us to provide personal loans and issue credit cards as well as carry out other consumer credit activities.

Q2 2017

Technology evaluation starts, full list of technology vendors considered. Application process for full banking licence begins.

Q3 2017

Extensive market research completed to identify consumer preferences, market trends and competitor offerings.

Q2 2017 – Q1 2018

Regulatory Pre-Application Process.Generation of Regulatory Business Plan.

Q3 2018

Banking platform vendor selected. Full banking licence application submitted to the Prudential Regulatory Authority.

Q1 2019 – Q2 2019

Full banking licence Authorisation with Restriction granted. Crypto Wallet/Account Launch.

PHASE ONE

Phase 1 to include: • Cryptoeduc8 • Cryptocommunic8 • Cryptog8 (link to other exchanges) •Cryptocred8 • Cryptovault.

Q3 2019

Full Banking Licence (without Restriction) granted. Banking Services Launch. Phase 1 to include: • Current Account • Savings • Unsecured Loan • Business Lending.

Q4 2019

Crypto Account Services Expansion

PHASE TWO

Banking services expansion, phase two to incude: • Cryptoremuner8 • Cryptomovtiv8 (first features) • Mortgages • Business Current Accounts.

Q2 2020

Crypto Account Services Expansion • Cryptomotiv8 (final features) • CryptoG8 (own FIAT gateway/exchange)

INTERNATIONAL EXPANSION CONTINUES.

TEAM

Jacob Christiansen

Chief Executive Officer

Jonathan Atkinson

Chief Information Officer

Ian Rogers

Chief Technology Officer

Paul Miles

Chief Operating Officer

Richard Wailes

Chief Financial Officer

Phil Guest

Chief Revenue Officer – Ad and Partnerships

ADVISOR

Paul Hanks

Board Level Executive / CIO, CTO, Finance and Banking Specialist

James Channo

Managing Partner at Locke Lord

Tony Craddock

Director General, Emerging Payments Association

Deepak Panigrahy

EZMCOM – Vice President (Product and Business Strategy) and Blockchain Evangelist Brad Marsh

Corporate Branding Consultant

Alan Birch

Former Managing Director Fiserv Financial Service Technologies

Tom Christian

Software Engineer and Blockchain Evangelist

Rupert Price

Senior Software Engineer and Blockchain Enthusiast

Global Pay Net team

Craig Martin

Digital Solutions Technical Delivery Expert

Mitesh Soni

Senior Director of Innovation and Fintech, Finastra

Simon Cocking

ICO advisor, Irish Tech News, CryptoCoin.New

Conclusions

The first thing that I answered for myself is the target direction of the project at the moment the market is extremely unregulated, which makes it very risky for investors and ordinary people. In turn , the goal is that Cryptov8 aims to combine the banking sector with crypto-currency technologies in the regulation of the traditional banking segment and the existing cryptographic market.