Capverto is an open
source framework that can be developed to create blockchain
applications. This is designed to allow you, your company or your
government to build a chain of private blocks or customized permits.
What does this mean for users?
CAPVERTO Exchange
is a pioneering financial platform that bridges the banknote and
cryptocurrency domain. Its distinctive design, revolves around CAPVERTO
Tokens (CAP) and international prepaid cards, extending digital currency
profits to populations that are most often excluded from traditional
banking. Through the CAP utility token, it provides an intuitive and
multifaceted online bank-like experience.
What is the problem?
Our team has
conducted a Survey and records more than 2 billion people currently
without bank accounts, representing hundreds of billions of US dollars
in untapped activities. and the US alone, the Federal Deposit Insurance
Corporation estimates that 9 million - or 7 percent - of households in
the country fully do not have bank accounts, while the other 24.5
million are underbanked. Utilization of banking services is even lower
outside high-income OECD countries, reaching below 20 percent in the
Middle East and North Africa, according to World Bank estimates.
Without access to
the entire spectrum of banking services, those who do not have bank
accounts and are underbanked often use alternative sources - including
microcredit networks, pawnshops, international money transfers, and
salary lenders - to meet their financial needs, despite high interest
rates, steep costs and limited overall flexibility of this option.
Transferring more consumers into the formal banking sector is a big
challenge with high stakes, which requires an easy-to-use and
sustainable solution for their service providers to operate.
Those who do not
have a bank account, or only with limited access to them, spend up to 5
percent of their paycheck and as much as 3 percent of the value of the
benefits that their government provides only disburses this fund,
according to the Federal Reserve Bank of St. Louis.
WHAT WE OFFER
Prepaid Card Program
CAPVERTO prepaid
cards are bridges between fiat money and cryptocurrency. Each cardholder
receives an amount of CAP utility tokens corresponding to the tier of
the card purchased, starting at $100 for the basic blue card. Like a
regular payment card, the CAPVERTO card can be used for in-store and
online purchases, while up to 2 percent of every transaction is
reinvested into CAP, influencing the token's value. There is also a
full-fledged rewards system enabling direct discounts at affiliated
merchants.
Secure P2P Lending and Borrowing
CAPVERTO Exchange
is a platform for secure and convenient P2P transfers. Instead of simply
holding onto cryptocurrency and hoping it will appreciate, individuals
and organizations can lend up to half the to-date value of their assets
and collect interest on it. Annual interest rates are 8 percent and the
amount is paid instantly to the lender. Meanwhile, borrowers benefit
from not having to rely exclusively on traditional financial
institutions.
Copy Trading Platform
CAPVERTO makes it
easy to follow and copy the trades and portfolios of others. Copy
trading gives new participants an easy way to get started, while also
affecting the value of the CAP token. Ten percent of the profit from
each copy trade is automatically deducted and split between the original
trader and CAPVERTO Exchange, which in turn reinvests it in CAP.
Together with the other influences on CAP such as the transactions from
the card program, copy trading ensures the token's value accurately
reflects productive activity on CAPVERTO.
Cryptocurrency Insurance
One of the first
offerings of its kind, CAPVERTO's cryptocurrency insurance product
provides peace of mind that your valuable assets are as safe as possible
from theft. Inspired as a response to the landmark breach of the Mt.
Gox exchange in Tokyo, this insurance is offered through a partnership
with RiskPoint. It functions alongside other protections including
proof-of-address, KYC, AML, and 2-factor authentication to fend off a
wide variety of cybersecurity threats.
Extensible Smart Contracts
CAPVERTO offers an
open source framework for building custom blockchain applications. Take a
look at our GitHub repository today to learn how you can leverage our
smart contracts to build private and permissioned public blockchains;
Smart contract technology is at the heart of modern cryptocurrencies,
delivering the transparency, immutability and cryptographic security
essential for an optimal experience.
PLATFORM COMPETITIVE LANDSCAPE
Ok friend, if my article has attracted you, please join the ICO of CAPVERTO and all the details are as follows:
PRE ICO LIVE
Last price $1.66 per token
Hardcap: 1,125,000 CAP
PUBLIC ICO STARTS IN:
2 DAYS
Starts from $1.82 per token
Hardcap: 171,375,000 CAP
Project Summary
CAPVERTO Exchange
is offering an ICO targeting the unbanked/underbanked, ensuring they
have opportunities to harness the unique benefits of cryptocurrency. It
bridges the worlds of fiat money and cryptocurrency by combining an
international prepaid card program linked to innovative banking and
trading features centered on the CAP utility token. All CAPVERTO
Exchange features influence the value of CAP, meaning its price is a
reflection of productive activities rather than uninformed speculation.
Assets within CAPVERTO Exchange may also be protected with
cryptocurrency insurance.
for more token information follow link bellow:
