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, Cryptoknowmics, an innovative and decentralized platform that serves almost every aspect of the crypto space has arrived. It aims to be the top destination and the largest media portal in the crypto space and the all-in-one solution for information and services for the industry.
"Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public and private keys are often used to transfer cryptocurrency between individuals.
As a counter-culture movement that is often connected to cypherpunks, cryptocurrency is essentially a fiat currency. This means users must reach a consensus about cryptocurrency's value and use it as an exchange medium. However, because it is not tied to a particular country, its value is not controlled by a central bank. With bitcoin, the leading functioning example of cryptocurrency, value is determined by market supply and demand, meaning that it behaves much like precious metals, like silver and gold.
Cryptocurrency transactions are anonymous, untraceable and have created a niche for illegal transactions, like drug trafficking. Because the currency has no central repository, law enforcement and payment processors have no jurisdiction over bitcoin accounts. For cryptocurrency supporters, this anonymity is a primary strength of this technology, despite the potential for illegal abuse, as it enables a shift in power from institutions to individuals."
With that being said, Cryptoknowmics is backed by a team that possesses the necessary skills and competencies in a wide array of areas including entrepreneurship, blockchain technology, UI/UX, and community building, which provides the right mix of talents to achieve its mission.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is CRYPTOKNOWMICS?
As depicted above and as indicated on the official website of Cryptoknowmics, Cryptoknowmics is an innovative and decentralized platform that serves almost every aspect of the crypto space. It aims to be the top destination and the largest media portal in the crypto space and the all-in-one solution for information and services for the industry.
The real innovation is in the content strategy where users get incentivized for pretty much every action they take part in on the platform, even for an action as simple as reading the news release or an article. This is for sure, a first in the industry as there is no news provider that would incentivize its readers.
This development lies in the substance methodology where clients are given motivations for pretty much every move they make on the stage including perusing just news discharges or articles.
Cryptoknowmics highlight news, recordings, live communicates, occasions, investigation, showcase essentials, dApps, ICO, STO, IEO, coins, tokens, trades, wallets, inside and out market examination and learning modules and instructional exercises to help fans and merchants addition seeing better about the perplexing universe of crypto and recognizing business sector patterns. Cryptoknowmics incorporate data from an excess of 3000 sources and give our clients a total and nitty-gritty review and market specialized examination. Cryptoknowmics additionally help individuals who are searching for occupations in crypto and businesses by enlisting their names and data on the stage.
Cryptoknowmics will likewise include an open exchange discussion where clients can voice their sentiments and have one-on-one discussions with specialists or converse with one another and make the shrewd and agreeable platform. Worldwide crypto APIs and files that contain costs and patterns of all the top trades the world over will likewise be coordinated into the stage. Cryptoknowmics will highlight a propelled assertion module that incorporates in excess of 200 coins/tokens and 20,000 exchanging sets, which will permit crypto brokers to the fence and create effectively.
Marketing crypto products and services to a target market segment is a huge challenge given the current situation...Advertisers have to use multi-channel advertising campaigns, which are, in most cases, expensive and hard to manage. Most large media platforms lack crypto-friendly advertising and promotion policies, aggravating the issue even further. A good example, both Google and Facebook have banned crypto advertising on their platforms, making it extremely hard for crypto advertisers and promoters to reach out to the masses.
Accurate & Reliable
We publish correct and reliable information which is reviewed thoroughly by our talented and trustworthy staff.
All in One
The platform aggregates crypto news from more than 3000 sources including other crypto news sites, blogs, articles, social media, official announcements into a single platform enabling users to stay updated with the crypto world.
Cryptoknowmics enable the users to give feedback, publish their own articles, participate in an open discussion forum, play games and win tokens.
The real innovation lies in the content strategy where the users are incentivized for almost every action they take on the platform including simply reading a news release or an article. There is no news provider that would incentivize its readers, this is an industry first.
Use of AI
Cryptoknowmics will use Artificial Intelligence for audience targeting which helps our advertisers and contributors. Cryptoknowmics is also planning to integrate AI based detection and removal of fake news into the platform to ensure authenticity for our users/subscribers.
Crypto News And Updates
Cryptoknowmics distributes news and web journals in the style of articles and channels alongside internet based life refreshes. Clients can likewise submit news and web-based life refreshes, which are distributed simply after a survey by the article staff to guarantee quality. The stage likewise offers supported news and official statements for crypto ventures.
Crypto News Aggregation
This stage gathers crypto news from in excess of 3000 sources including other crypto news locales, web journals, articles, web-based life, official declarations into one stage that enables clients to keep awake to date with the crypto world. This can spare a ton of time and vitality from clients who ought to peruse numerous sources to remain refreshed.
Crypto Market Index
Cryptoknowmics will distribute a crypto market list intended to gauge by and large development, day by day and long haul developments, engineer premium, financial specialist premium and item improvement, showcase capitalization and crypto future prospects. The file will be founded on the parameters above and will fill in as a significant instrument for speculators in their exchanging choices and as a benchmark for the whole crypto industry.
Thе incentive-based market nоrmаllу tеndѕ tо perform bеttеr compared tо оthеr forms оf marketing, аnd thе performance саn bе еvеn greatly improved bу offering consumers mоrе valued rewards fоr quality content аnd sharing асrоѕѕ vаrіоuѕ platforms. Thіѕ initiative assists іn boosting visibility, creating а sense оf familiarity оf thе brand wіth а wider range оf consumers, whісh соuld potentially increase purchasing likelihood.
Participants оf thе cryptoknowmics platform аrе rewarded wіth tokens fоr providing quality content, reading, engaging, аnd participating іn interactive content wіthіn thе platform.
Thе fоllоwіng actions аrе rewarded:
Clicking sponsored links оn thе platform.
Gaming оn thе platform.
Buying tickets fоr events.
Subscribing tо paid resources.
Posting аnd applying fоr jobs іn thе marketplace.
Purchasing аnd completing blockchain courses offered оn thе platform.
Cryptoknowmics employs thrее (3) basic systems оf incentivizing іtѕ users:
Incentivizing General contents
General contents аrе contents published bу Cryptoknowmics. Users whо interact wіth thеѕе contents аrе gіvеn incentives based оn thе rate predetermined. Users, whісh аrе audience іn thіѕ case, receive tokens оn thе first-come, first-served criteria. Abоut 50% оf Cryptoknowmics revenues іѕ set аѕіdе fоr thіѕ purpose.
Incentivizing Sponsored Contents
Sponsored Contents comprise оf content published bу аn advertiser аftеr thе payment оf а specific fee tо thе platform. It іѕ estimated thаt hаlf оf thе revenues frоm thіѕ іѕ shared tо thе users оf thе network based оn thеіr interaction wіth thе content.
Incentivizing Content Providers
Content providers receive tokens аѕ incentives fоr content thеу provide оn thе network ѕuсh аѕ videos, articles аnd graphics.
Users оf thе Cryptoknowmics аrе gіvеn incentives fоr еvеrу interaction оn thе platform. Thеѕе interactions, аmоngѕt others, include watching videos, reading оf contents, buying event tickets, crypto trading, job postings аnd applications, аnd premium services subscriptions.
Thе process оf gіvеn incentives tо users оf thе platform іѕ completely coordinated bу thе blockchain.
Whеn users gеt incentives іn form оf tokens, thеу activate smart contracts іn order tо uѕе thе tokens. Thе tokens аrе automatically paid tо thе users bу smart contracts. Thіѕ process іn completely secure аnd transparent.
Cryptoknowmics aims to raise $ 6 million in ICO to finance the full development and implementation of the platform. Token sales are scheduled to begin in July 2019 and will continue until a hard cap is found.
Token Type: ERC20
Total Token Supply: 10 Billion
Token Price: US $ 0.0024
Hard Cap: US $ 6 Million
Individual Sales / Crowd: 25.00% 2,500,000,000
Reserve Bonuses : 15.00% 1,500,000,000
Strategic Advisors and Partners: 10.00% 1,000,000,000
Team Reserves: 15.00% 1,500,000,000
Bounties and Airdrops: 5, 00% 500,000,000 Subsidiaries
Customer Content: 30.00% 3,000,000,000
Total: 100.00% 10,000,000,000
30% of the total supply of tokens is given to content contributors / customers, which will be issued quarterly at 10% (30%) and unused tokens, if any, will be carried over to the next quarter as reserves. If the tokens that follow are not used within a certain quarter, they will be burned.
In addition, Cryptoknowmics promises to burn 10% of tokens received as net revenue from the platform every three months using smart contracts, subject to a 25% limit of total supply.
MEET THE AMAZING TEAM
Ajay Agarwal – Operations
Anui Mittal – Senior Advisor
Prasenjit Kashyap – Business Development
Offer Agarwal – Marketing
Raghav Agarwal – Oxford Certified Blockchain Strategist
Ahil Aggarwal – Community Building
Prahlad Singh – UI-UX
Suraj Singh – Developer
Naseed Singh – Law. Compliance
Krishnenu Chatterjee – Sales & Business Development
Naveen Kapoor – Business Analyst | Project Manager
Joyleen Telijn – IEO STO ICO Consultant
Richard Trummer – Strategy & Investor Relations
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Telegram: https: //t.me/cryptoknowmic
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
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.