 | CRD NetworkICO CRD Network DAO is a finance 2.0 ecosystem built on Hyperledger Besu that provides dApps the much needed plug-and-play solution for meeting the legal requirements for KYC regulations across blockchains and allowing decentralized protocols to access offchain data such as credit score, proof of asset reserves, and transactional data around specific wallet addresses. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is CRD Network
The main problem in the cryptocurrency world is that many market participants are fuelling a speculation bubble. Short-term thinking often governs these projects, as it has unfortunately been interpreted as a get-rich-quick scheme.
The CRD Network and the CRD Tokens are a long-term project They are not meant for speculatory short-term growth. The Tokens themselves are actively managed to ensure liquidity and stability, thus allowing for the creation of a network ecosystem that can breed innovative FinTech applications without the risk of wild currency fluctuations destroying entire business models overnight.
The network is an infrastructure bridge that enables interoperability between the fiat and the cryptocurrency world, as it acts as an API infra Hub. And on top of this bridge, one can build innumerable applications that interact with each other via the CRD tokens.
Modularity is key, and community participation is actively encouraged, as each additional user- or new use case - increases the value of the network as a whole.
DetailsPublic sales: Feb 07, 2018 - Jun 19, 2018Pre-sale token supply: 280,000,000 CRD Token supply: 1,000,000,000 CRD Raised: 1,700,000 USD LegalRegistration year: 2018 | Token infoTicker: CRDType: Utility-token Token standard: ERC-20 Token price in USD: 1 CRD = 0.02 USD Accepted currencies: ETH Token distribution: 50% - Sale 15% - Founding Team 15% - management 15% - motivational tool and to align the interest with the value of tokens. 5% - advisors Funds allocation: 25% - Operations 45% - Technology 30% - Marketing |
CRD Network Roadmap
- Hyperledger Integration
Launch of private Hyperledger Besu network and set up a network of validators to maintain updates in the blockchain - KYC service for DeFi
KYC application and publishing proof-of-KYC on-chain, so third parties can use it - DEX integration in a compliant way (1inch)
Ability to swap ERC-20 tokens using 1inch service via CRD Network (in a compliant manner) - Crypto-Custody integration
Ability to connect to crypto custody (including non ERC20 tokens) to store crypto assets (via our insured third-party provider) - Bank Connect
Launch of banking services via our EMD partnership
- Swap Fiat <> Crypto using Bank and Crypto Providers
Ability to exchange between any major fiat and cryptocurrency using our crypto providers, OTC or DeFi - Open external API endpoints for Bank
Ability to call for our Bank module via external API calls, for third-party developers. - KYC and Bank as service Web SDK
Ability to integrate KYC and Banking iframes into third-party projects without extensive setup. - Instant yield: Fiat to Crypto
Workflow to convert fiat into crypto stablecoins to earn crypto yield - PSD2/OpenBanking Integration
Launch of banking services via our EMD partnership and API protocol - Defi Lending in a compliant way
Ability to lend USDT/USDC via AAVE/COMP or other lending markets using the CRD platform (in a compliant manner)
- Lending crypto Functionality (lend crypto to receive cash)
Lend cryptocurrency and getting up to 80%-100% of its current value
- Fiat On-Ramp using our KYC
Ability to buy crypto via card or wire transfer without opening an account
- NFT/DAO as a service
Launch your NFTs and DAO projects within the CRD Network operations - Bitclout
Ability to utilize Bitclout, on/off ramp for it, and lending
Project team
Social media
