Crypt-ON (IPT)

What is Crypt-ON

Crypt-ON is aimed at a wide range of users — from beginner crypto-enthusiasts and freelancers to marketplaces and managers of blockchain projects. Using a variety of Crypt-ON services it will be easy to buy and sell goods, apply for loans, look for work or hire professionals and to exchange cryptocurrency for fiat. All operations of the platform users are stored in smart-contracts. Users' reputation will be determined through the trust token smart-contract mechanism. All user actions, transactions results, reviews and etc. will affect their rating. In fact, a trust token is a cryptographically secure rating of the reliability/trustworthiness of each user in the Crypt-ON system and it is stored in a smart-contract.

TRUST TOKEN Cryptographically secure rating of user trust containing records of all his operations on the platform. SMART CONTRACTS A single computer algorithm that guarantees transactions and automatic execution using all platform services. INDEPENDENT ARBITRAGE In case of disputes, the arbitration system is used to resolve the contradictions. Its mechanism will be evolving and improving, trying to reach maximum decentralization. TRADES INSURANCE Special reserve fund will be created to protect users' interests. Its main goal is to guarantee all obligations and it will be replenished by fees from transactions. STABLECOIN The use of stablecoin, not affected by high volatility of crypto assets, will serve as an additional protection to the interests of participants. FRAUD PROTECTION To ensure the fair growth of participants' reputation (trust rating), a special mathematical algorithm will be used to eliminate cheating.