Cryptonity ICO Platform

November 10, 2018

Cryptonity is a combination of two words: Crypto and Community.

A simple, but strong and meaningful, our goal is the exchange that is observed by the Cryptocurrency Community. We are committed to providing the most comprehensive, secure, transparent and collaborative exchange platform on the market.

We want to bring good vibrations in Crypto World, violating the “only profit” policy of most exchanges.

We will release our own token called Cryptonity Token with the XNY ticker.

Our Cryptonity token will be launched initially in the Ethereum blockchain. In the near future, we plan to develop our own Blockchain, and we will start working on it immediately after the completion of the sale of Token Sale.

The current Cryptonity will be a utility token, and therefore its price will be related to its utility. Our token will give owners a 50% discount on the Cryptonity Exchange fee.

It will also allow its owners to take part in such specific features as voting for the “coin of the month”. Creating a cryptocurrency exchange is not an easy task. Creating an exchange that provides a complete set of tools and functions is even more challenging. At Cryptonity, we are aware of time, self-investment, passion and hard work like a project.

But we believe that current exchanges, including those that have been on the market for a long time, can be improved in many ways. Perfection is very difficult to achieve, but we strive to get closer to it as far as we can.

Based on our experience of using cryptocurrencies as traders and miners who were active users of existing platforms, we believe that we have the knowledge and skills necessary to create the exchange of cryptocurrencies you have been waiting for.

We also believe that in the exchange project, as in any other business, the customer is king, and should be treated like a king or queen. Our users, customers, are those who use our tools and trust to keep their money safe, and thus help us gain reputation and trust in the market. Therefore, they deserve to be listened to and treated carefully.

Problems with current exchanges

From our point of view, we see two different categories of cryptocurrency exchanges: large players, on the one hand, and rivals, on the other hand.

Those whom we subjectively call applicants do not care about their users or customers and do not seem to be concerned about their authenticity. Most of them list all the coins that agree to pay their expensive fees, that's all. They do not interact with their customers, do not make any improvements (such as upgrading the user interface) and focus only on maximizing their income. They are often not transparent at the point where it is sometimes difficult for us to understand how some users can trust them and raise their money on these exchanges. We think that this is because some low-lid coins are available only on these exchanges.

As for big players, we also have a lot of questions. Are these companies real? Are they regulated? Do they have plans to support FIAT? Do they have a bank account? Where are they based? Are their platforms safe? Is there any insurance if our money is stolen? Can we talk to someone in the chat? Can we name them in case of emergency? And the list goes on. In the end, it’s all about security and transparency issues. This is actually even worse for big players, as they are the main target for hackers and thieves.

We could write a book about the problems associated with cryptocurrency exchanges, and those mentioned above are just a few of a very long list of things the market can do better. At the same time, we understand that conducting an exchange involves many problems and risks. In addition to security and transparency issues, we also noticed problems related to user experience, such as lack of trading tools, insufficient language support, slow withdrawal processes, etc.

Krypton Solutions

At Cryptonity, we strive to provide the most comprehensive, secure, transparent and collaborative exchange platform on the market.

One of the key aspects of our project is security. We want to provide our users with the most secure trading platform. To achieve this goal, we will work with the best known experts in the field of security in the market, be audited twice a year by independent security companies and report the results of the audit to all our users. Our security partners will be mentioned on our website. To go further, guaranteeing our users the safest trading experience, we will set an insurance policy to return our users in case of losses due to an attack. More information about our insurance policy can be found in the “Exchange Principles” section.

Another very important aspect is the interaction with our users. It’s more natural for us to involve our users in the evolution of our platform. We will have various communication channels that will be open for interaction with our users, and we will immediately respond to requests from our users. We want our community to be involved in the evolution of the platform, in terms of the features being developed, the coins to be listed, and so on. The function “request function” will be implemented for users so that they can send the functions they would like to see on the platform.

Last but not least, we are working hard to provide our users with a comprehensive and ergonomic set of tools for trading, including a large number of languages.