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Credits (CS)

ICO

CREDITS platform is a decentralized financial system for the direct interaction between participants on peer-to-peer (P2P) principles. The platform expands the potential of using financial services on the basis of a distributed ledger, self-executing smart contracts, and CREDITS cryptocurrency. The system is aimed to unite all participants on one site, providing them with a
platform for creating and using financial services; where everyone can both offer a service and use it.

Thanks to a well-defined and balanced technological system, the CREDITS platform offers a new technical solution and a new conceptual model of networking participants’ interaction for the development of modern decentralized financial services.

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Overview

Project industryExchanges & Wallets
Product typePlatform
FoundedSingapore

What is Credits

A fully peer-to-peer arrangement for service delivery systems which allows for forming financial services: money transfers, currency and value exchanges, crediting, funding and other services directly between participants. Everything is provided without additional intermediaries, according to a principle – one of the equal participants – to other system participants. As a result, everyone gets cheaper, faster and better services.

The world is moving towards the direct interaction between people on peer-to-peer principles – equal to equal. A revolution happened! This is clearly seen by the overturn in the mass media: until the 1990s, newspapers, magazines, and TV were the main providers of information. Today, opinion leaders are bloggers, found on Youtube channels and social networks, money is invested in crowdfunding and ICO, and information is stored in decentralized cloud systems.

The financial industry, perhaps, is one of the few industries that lags behind, that resists the introduction of decentralization and direct interaction between participants. Although, technically, it is much easier to create decentralized financial services than it is to create unmanned vehicles.

A corresponding technological environment is required to create a system of decentralized financial products and services based on distributed ledger:

  • High execution speed (in seconds), together with the capability to handle a huge number of transactions simultaneously (hundreds of thousands per second) at a low cost of each transaction (for micro payments and non-cash transactions).
  • Development of a system where all participants and items necessary for the qualitative financial decentralized services are combined: personalization of users, KYC, credit history bureau, settlement centers of fiat money, withdrawal and cashing of cryptocurrencies and so on
  • These are two big and basic tasks that currently hamper the development of peer-to-peer financial products.

    We present you a solution to these tasks, we implemented with the help of the CREDITS financial system.

    CREDITS single technological decentralized platform can combine all participants of financial services, safely and quickly execute all transactions using the principles of a distributed ledger. Self-executing smart contracts and the principles of a federative voting system provide unlimited opportunities for all participants to create unique interactions of various financial products. The platform opens a new huge market and a new potential for using blockchain projects and services in financial and other sectors that could not be used previously because of speed and transaction cost limitations.

    Details

    Pre-sales: Nov 09, 2017 - Dec 14, 2017
    Public sales: Feb 17, 2018 - Feb 18, 2018
    Soft cap: 15,000,000 USD
    Hard cap: 20,000,000 USD
    Raised: 20,000,000 USD

    Legal

    Office address: 919 North Market Street, suite 950, DE, New Castle, US 19899
    107 Leadenhall Street, London, EC3A 4AF

    Token info

    Ticker: CS
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: 1 CS= 0.194932 USD
    Token price in ETH: 1 ETH = 5,000 CS
    Accepted currencies: BTC, ETH

    Offices on the map

    Credits Roadmap

    1
    S1 Pre-Alpha

    FA : Key Design Implementation Decentralization Ledger, NoSQL Store implementation Design and Implementation Formal Specification and Key Design Elements User interface Implementation Wallet Formal specification RPC & REST API Formal specification

    2
    S2 Alpha

    mFA : Key Design Implementation, PoW + PoC MessagePack History Integration with ecosystem Third-party system Design and Implementation Reasoner Integration with Blockchain Web UX design Blockchain Explorer

    3
    S3 Beta

    mFA Optimization Blockchain backup CVM (Credits virtual machine) Optimisation Third-party system Integrate to full system Reasoner Optimization UX design Application Test

    4
    S4 Release candidate

    CVM (Credits virtual machine) Check errors Android, iOS, Desktop Wallets Third-party explorer

    5
    S5 Release

    Storage,
    Consensus mFA Consensus Optimisation Third-party system Optimisation

    Project team

    Igor Chugunov
    Igor Chugunov
    CEO, CIO & Founder
    Igor Chugunov linkedin
    David Kolmakhidze
    David Kolmakhidze
    COO
    David Kolmakhidze linkedin
    Aleksander Avramenko
    Aleksander Avramenko
    Head of development office
    Aleksander Avramenko linkedin
    Evgeny Butyaev
    Evgeny Butyaev
    CTO (Chief technology officer)
    Evgeny Butyaev linkedin
    Vladimir Shilkin
    Vladimir Shilkin
    Team Lead of Consensus, C++ Developer
    Vladimir Shilkin linkedin
    Nikita Chernyaev
    Nikita Chernyaev
    Team Lead C++ Developer
    Nikita Chernyaev linkedin
    Vladimir Tikhonov
    Vladimir Tikhonov
    Head of Technical Support Department
    Vladimir Tikhonov linkedin
    Sergey Kondrashov
    Sergey Kondrashov
    Head of Architecture Department
    Vladimir Kharlashin
    Vladimir Kharlashin
    Team Lead C++ Developer
    Vladimir Kharlashin linkedin
    Igor Goryunov
    Igor Goryunov
    Team Lead of Smart Contract module
    Igor Goryunov linkedin
    Rustem Saydaliev
    Rustem Saydaliev
    Senior Java Developer
    Dmitry Chernishev
    Dmitry Chernishev
    Senior C++ Developer
    Dmitry Chernishev linkedin
    Sergei Sychev
    Sergei Sychev
    Senior C++ Developer
    Sergei Sychev linkedin
    Dmitriy Aleksyuk
    Dmitriy Aleksyuk
    Team Lead C++ Developer
    Dmitriy Aleksyuk linkedin
    Vasiliy Minenko
    Vasiliy Minenko
    Senior Java Developer
    Alexey Kirnov
    Alexey Kirnov
    C# Developer
    Alexey Kirnov linkedin
    Viacheslav Vedmenskiy
    Viacheslav Vedmenskiy
    C# Developer
    Artem Plut
    Artem Plut
    Senior Android developer
    Artem Plut linkedin
    Kirill Lychagin
    Kirill Lychagin
    Frontend developer
    Ruslan Dasaev
    Ruslan Dasaev
    Frontend Developer
    Ruslan Dasaev linkedin
    Vitaly Popov
    Vitaly Popov
    Developer, Technical writer
    Vitaly Popov linkedin
    Dmitriy Sheludko
    Dmitriy Sheludko
    Vice CBO
    Dmitriy Sheludko linkedin
    Kirill Mishanin
    Kirill Mishanin
    Senior Business Development Officer
    Kirill Mishanin linkedin
    Arseniy Myakotnikov
    Arseniy Myakotnikov
    Head of Marketing Department
    Andrey Arkhipov
    Andrey Arkhipov
    Head of PR & Communications Department
    Max Diffenbakh
    Max Diffenbakh
    Head of Content
    Alexander Malygin
    Alexander Malygin
    PR Manager
    Vasiliy Podolyan
    Vasiliy Podolyan
    Head of design
    Brahmjot Virk
    Brahmjot Virk
    Senior Business Developer
    Brahmjot Virk linkedin
    Evgeny Romanov
    Evgeny Romanov
    Community Bounty Manager
    Evgeny Romanov linkedin
    Evgeny Bazhan
    Evgeny Bazhan
    PR manager
    Anastasia Krasnoshtein
    Anastasia Krasnoshtein
    Representative in Israel
    Anastasia Krasnoshtein linkedin
    Bahtiar Adi Wijaya
    Bahtiar Adi Wijaya
    Representative in Indonesia
    Sandeep Rawat
    Sandeep Rawat
    Representative in India
    Sandeep Rawat linkedin
    Diego Rodrigues dos Santos
    Diego Rodrigues dos Santos
    Representative in Brazil
    Furkan Sunman
    Furkan Sunman
    Representative in Turkey
    Manh Hong Nguyen
    Manh Hong Nguyen
    Representative in Vietnam
    Dominik Duttine
    Dominik Duttine
    Representative in Germany
    Petr Kaplan
    Petr Kaplan
    Representative in USA
    Petr Kaplan linkedin
    Max Ambrose
    Max Ambrose
    Representative in USA
    Max Ambrose linkedin
    Ahmed Rasheed
    Ahmed Rasheed
    Representative in Nigeria
    Ahmed Rasheed linkedin
    Alexander White
    Alexander White
    Representative in New Zealand
    Harald Benoliel
    Harald Benoliel
    Representative in France
    Harald Benoliel linkedin
    Dan Lesovici
    Dan Lesovici
    Representative in Romania
    Dan Lesovici linkedin
    Duaine McDonald
    Duaine McDonald
    Representative in USA
    Duaine McDonald linkedin
    Alan Draguilow
    Alan Draguilow
    Representative in Spain
    Alan Draguilow linkedin
    Ubabuike Oduada
    Ubabuike Oduada
    Representative in Nigeria
    Ubabuike Oduada linkedin
    Candash Chaloglu
    Candash Chaloglu
    Representative in Turkey
    Candash Chaloglu linkedin

    Advisors

    Christophe Ozcan
    Christophe Ozcan
    Advisor. France, Paris
    Christophe Ozcan linkedin
    Michael Kapilkov
    Michael Kapilkov
    Blockchain Advisement, New York
    Michael Kapilkov linkedin
    Thomas Ng
    Thomas Ng
    Strategic Partnerships, MBA, Renmin University of China professor
    Andrei Malchanau
    Andrei Malchanau
    Business Development Director, Poland
    Alexandr Silaev
    Alexandr Silaev
    Business Development Director, Singapore
    Robert Kurmakaev
    Robert Kurmakaev
    IR Advisor, Switzerland

    Social media

    Credits web-siteCredits RedditCredits MediumCreditsYouTubeCredits TelegramCredits InstagramCredits BTCTalkCredits LinkedInCredits TwitterCredits FacebookCredits Github

    User rating:

    5/5 ( 3 )
    0

    Credits rating

    8.1
    Claim admin rights for this project
    ICObench3.7 / 5Credits (CS) icobench
    ICOholderNACredits (CS) icoholder
    ICObenchNACredits (CS) icomarks
    Credits NEWS

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