Review of the ICO project of the Nauticus Cryptus Exchange

in life •  7 years ago 

Most participants in the crypto-currency market, which had a relationship to "digital money," had at least several times to trade on the crypto-exchange markets. When there is a need to translate their tokens into fiat money, this process can not be avoided. In addition, it is not always easy, because the funds are not supported by very many popular exchanges, for which reason it is necessary to use the services of exchangers, overpaying interest.

Quite often you have to register on a large number of sites in order to sell the token that you need. This is really not very convenient, and the transfer of funds between different exchanges, and then also the exchanger, raises the money spent on commission, and takes a lot of time. The Nauticus project decided to simplify this task.

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 📈  Nauticus is a stock exchange, not like everyone else!

Nauticus is an Australian project whose goal is to create a practical trading platform for the implementation of secure crypto-currency transactions. In fact, it will be an exchange that provides crypto banking services and some other e-commerce solutions using blocking technology. One of the features of this site is the possibility of exchanging crypto-currency assets for fiat money.

By mid-2018, the creators are planning to launch the Nauticus project, where 100 crypts will be available for bargaining (for the year, the number of crypto-currencies on the platform is planned to be expanded to 300), as well as 7 foreign currencies (USD, EUR, JPY, CNY, AUD, HKD and ZAR), the number of which is planned to increase to 16 in the near future.

At the same time, Nauticus will provide users with global payment processing services. As a result, users will be able to send funds to each other (similar to Western Union or PayPal), while paying the minimum tariffs.

Nauticus is registered as an independent translation dealer in AUSTRAC (Australian Government Regulator). It should also be noted that this project is already being registered with various international regulators to combat the financing of terrorism and money laundering, as well as in global agencies providing credit data and securing an international banking license.

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 📈  The process of exchange and trading on the Nauticus exchange

How will the exchange be carried out? The Nauticus platform will have 3 main crypto-currencies that make up trading pairs with other currencies. This is Bitcoin, Ethereum and the local currency of the site is Nauticus Coin (NTS). As a result, if, for example, you want to buy a coin "Y" using the coin "X", you will first need to exchange the token / coin "X" for some basic crypto currency, and then, using it, buy a token / coin " Y ". With all this, it should be noted that, using the internal token Nauticus Coin, you will have a 50% discount on commission from transactions inside this exchange. As a result, developers want to encourage users to buy the NTS token, and this will give the opportunity to repeat the success of the internal tokens of the exchanges KuCoin and Binance.

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 📈  Main Features and Benefits of Nauticus

Reasonable interface. The platform will have both a simple appearance and functionality for beginners, and a complex one - for professional traders, which will include tools that simplify the trading process.

High level of security. The creators give much attention to safety. For example, a purse on mobile devices will be protected by two-factor authentication, biometric authentication (using smartphone's fingerprint sensors, voice recognition and face recognition functions). Also, developers offer for the purpose of storing assets separate wallets (hot and cold), which are protected by complex encryption.

Low commission. Due to the fact that Nauticus directly connects the buyer and the seller, favorable conditions for exchange will be offered at the exchange, with a commission of 0.1% (in the future it is planned to reduce its size).

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 📈  Nauticus in a different format

Within the framework of the Nauticus platform, it is also planned to implement other areas of work: the creation of a mining center (it will provide cheaper and faster transactions for users, and will also provide opportunities for further development of the project); platform for sellers (integration of POS software, application of Nauticus token, guaranteeing fast transactions and low commission); ICO support (providing projects that go to the ICO, serious financial, technical and legal assistance, expert services that specialize in marketing and media).

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 📈  The use of NTS tokens inside the Nauticus exchange

The NTS token (created on the Ethtereum blockbuster) will be used on Nauticus as one of the main crypto currency units. As mentioned, using it to purchase a token, the user will have a fifty percent discount on commission from transactions inside the exchange.

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 📈  My opinion about the Nauticus exchange and the NTS token

Everyone should decide whether to participate in the token-sail independently. The idea of ​​this project is not new, but there is nothing wrong with this, if the team implements the platform for bargaining. And the integration of world currencies into a crypto exchange will certainly attract a considerable number of users.

It must also be understood that this project has a really big competition. Even in Whitepaper, the team notes that they have about 170 competitors. With all this, this factor should positively influence the work of the team and continuously stimulate the creation of a good and competitive product.

The internal NTS token has absolutely all the chances to repeat the result, for example, the Binance exchange token. Here a lot will depend on the site presented in the end.

The road map is painted until 2023, but this is understandable. Any exchange needs time to build up turnover. In any case, all investors and traders will only benefit from the appearance of a reliable crypto exchange.

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 📈  Usefull

WEBSITE  🔗  https://www.nauticus.io/
FACEBOOK  🔗  https://www.facebook.com/NauticusBlockchain/
TWITTER  🔗  https://twitter.com/nauticusen
TELEGRAM  🔗  https://t.me/nauticusblockchain
WHITEPAPER   🔗  https://cdn.nauticus.io/NauticusWhitepaperOfficial_ru.pdf 

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 📈  Author

Bam_Bam
https://bitcointalk.org/index.php?action=profile;u=1363763
0x71069216B607451250B688BA12d8f074dB1A89f3
https://steemit.com/crypto/@natulya

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