A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Contractium Network, a software designed to showcase the Contractium Proof of Contract (PoC), which is in line with the Proof of Stake (PoS) futuristic model of the Ethereum blockchain rather than the existing Proof of Work (PoW) has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is CONTRACTIUM NETWORK?
Contractium Network is a software designed to showcase the Contractium Proof of Contract (PoC), which is in line with the Proof of Stake (PoS) futuristic model of the Ethereum blockchain rather than the existing Proof of Work (PoW).
Furthermore, Contractium is a decentralized software DApp on the Ethereum network that will allow simplified, secure, trustless transactions for desktop, mobile, and web applications. Contractium was developed using the Proof-of-Contract protocol which focuses on allowing non-technical users and business entities use smart contracts for transactions or even issue their own tokens directly on the Contractium network.
This enables businesses and commercial users to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The cryptocurrency community will provide significant members for the development of the Contractium Network (Proof-of-contract protocol).
NB- "Blockchain and cryptocurrency technology are going to be popularized in many countries such as: Japan, Canada, Israel, Australia, Hongkong, Singapore. and world-wide afterwards.
The internet users will either sign the e-contract and/or smart-contract, which were first proposed by Nick Szabo, who coined the term, in 1994.
The more advance means of payment will be added/applied for all online businesses, as well as the rewards/bonus system for online. consumers."
Help contracter & contractee sign the commercial smart contract easily & trustfully.
Make commercial smart contract easy & secured.
Help users earn extra money with their online consumption.
Internet users' smart contract
Eliminating print contract.
Replacing online traditional rewards/bonus system.
The Contractium software stands to provide various services among which are:
Digitalization of Document and Contracts
Currency Exchange and Remittance
Token Money Issuance (CTU Tokens)
There are 3 main functions for Contractium:
Smart Contract Creation – Contractium’s smart contract features allows local and international users to create commercial smart contracts easily with out a technical background.
Crypto Payment Gateway – It also provides a simple, secure payment gateway to initialize and finish the payment procedure with plans to integrate 3rd party payment services (E-wallets, E-payment gateways).
Crypto Rewards System – Similar to a customer loyalty points program, Contractium will allow the issuance of their CTU token as rewards. CTU tokens are the fuel to the Contractium network.
CTU is Contractium’s own network currency. It can be compared similarly to Ethereum’s GAS. CTU is essential and works as fuel to utilize the Contractium network. While payments of any cryptocurrencies or a business’s own token can be used on Contractium, CTU is a must have element for signing a commercial smart contract on the network.
CTU can also be used as a form of payment as well. Similar to GAS, CTU tokens’ value will increase as the Contractium network’s popularity and usage increases. Contractium will also have a built in optional “cash back” rewards system where CTU tokens can be rewarded as extra incentives for either buyer or seller for creating smart contracts on the Contractium network.
For example, a transactions takes place between two entities. The buyer in the deal may be offered a cash-back reward in CTU tokens on top of the regular transaction, which will automatically be sent with the regular transaction. This may be optimal for loyalty rewards programs to entice users to make purchases, and is an optional feature on the Contractium DApp.
CTU Wallets have already been made and are available for Web-App, Android, and iOS. MAC App, Windows, and Chrome wallets will be available soon.
ICO price: 1 ETH = 15000 CTU
Minimum contribution: 0.1 ETH
Maximum contribution: 20 ETH
Buying above 20 ETH — Contact Directly: (email@example.com)
Soft-cap: 2M USD equivalent to 3000 ETH
Hard-cap: 10M USD equivalent to 15000 ETH
The ICO event has 4 periods as followed:
Private sales: + 65% Bonus
Start date: 7th July 2018 — 8th August 2018
Pre-sales + 45% Bonus
Start date: 8th August 2018 —9th September 2018
Public sales + 25% Bonus
Start date: 9th September — 10th October 2018
Token sales + 15% Bonus
Start date: 10th October 2018–11th November 2018
CTU Token details:
Token Name: CONTRACTIUM
Token Symbol: CTU
Token standard: ERC-20
Total Supply: 3,000,000,000 CTU
CTU Token Allocation
Pre-ICO & ICO: 900,000,000
Contractium Team: 200,000,000
Foundation Reserved: 100,000,000
Advisors & Partners: 100,000,000
Bounty & Marketing: 200,000,000
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
ICO page: https://ico.contractium.io/
Mobile app store: https://play.google.com/store/apps/details?
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.