CREDITS ICO

CREDITS is a platform with completely new technical network capabilities, speed, cost of transactions and total number of operations per second which offers a solution to low speeds and high transaction costs. It expands the potential blockchain technology has for the financial industry and the Internet of Things.

CREDITS
ICO Status: Finished
18.02.2018
Concept:

CREDITS platform offers a new and unique technical implementation of blockchain technology with autonomous smart contracts, data protocol and its own internal cryptocurrency.
We strive to achieve unique technical parameters of the network – more than 1,000,000 transactions per second. The average processing time of each transaction starts from 0.01 second with a very low cost of each transaction (as low as 0.0001%).
CREDITS team has developed the MVP (Minimum Viable Product) and have confirmed the technical feasibility of implementation by industry experts.


Whitepaper:
Get more information
Venture

Raised Capital:
23,923.45 ETH


Venture Round:
Round 1 Venture Round

Price:
1 ETH = 5000 CS
ICO token Distribution:

50% Project development, 10% support users, 10% sales department of new users, 15% marketing, PR, 10% fund of development other project in platform, 5% others
Mining

CREDITS ICO
Supply:

1,000,000,000 CS total
600,000,000 CS for ICO
Usage:

Any use of the platform other than data reading is paid. Users shall pay a certain price in the internal currency (CREDITS). Only with it can you create, execute a smart contract and save the information in the blockchain or perform an operation with the CREDITS currency. Also, the CREDITS cryptocurrency can be used as a standalone currency unit outside the platform.
EXAMPLES OF USE
1. Payment for the smart contract creation
2. Performing operations on smart contracts
3. Adding information on the operation to blockchain
4. Payment for the transfer of CREDITS cryptocurrency between the platform participants
5. Purchase of information from third-party sources for services within the system (the use of oracles)
6. For operations on the exchange of different currencies within the system
7. Fee for the transfer of tokens created on the CREDITS platform
Competitors

ICO-Competitors
EOS has different block type, type of consensus and lower transaction speed.
CREDITS is an open platform with self-executing smart contracts. Ripple is a closed service with lower speed, network transaction volume and without smart contracts.
Initial Coin Offering

Initial Coin Offering CREDITS
ICO Launch:
15th of February 2018

ICO Finish:
28th of February 2018

ICO Tradable on Exchanges since:
still not tradable

Platform: Ethereum (ERC20 Token)
Offices/Locations

Offices and Locations of the CREDITS
Singapore and Europe

Team behind CREDITS


Igor Chugunov

 

Igor Chugunov

CEO & Founder

12 years in business, including IT fintech projects, bank and credit e-services, affiliate marketing company for banks and PDL companies. Two years experience with blockchain business. Working with CREDITS platform since 2016.

Evgeniy Butyaev

 

Evgeniy Butyaev

CTO & Co-Founder

Engineer (software development). More than 10 ten years software development experience, more than 3 three years experience with blockchain technologies, including SRI Infotech (Poland); solutions engineer based on blockchain technology in Russia. Working on the CREDITS platform since 2016.


Background-CREDITS

Visit credits.com for more info.

 

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