KONIOS PROJECT – THE WORLD’S MOST SECURE AND EASIEST ACCESS TO THE CRYPTO COMMUNITY
The Konios is a platform that has its administration office in Zug, Switzerland. The Konios platform that is designed for all crypto users has been under development since November 2017. Using the latest blockchain technology, Konios built an Ethereum-based platform that seeks to provide a solution to the various problems encountered in cryptocurrency exchanges. The Konios (KON) token will allow users to have access to the platform to perform easy transactions of the exchange platform. Therefore, it is the aim of Konios platform to make the use of cryptocurrency a daily part of everyone using their smartphones to perform various transactions without extra charges or the intervention of the banks or other intermediaries.
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IDENTIFYING THE PROBLEM
The use of cryptocurrencies in purchasing items is gradually becoming more and more popular. However, the process of having to exchange the fiat currency to cryptocurrencies is becoming more tedious and attracts high hidden charges from banks and other financial entities. Other matters include the exposure of one’s identity and private data coupled with the stress of registration and unpredictable nature of platform operators is posing a serious challenge to crypto novices and experts alike.
THE KONIOS PLATFORM – TO SOLVE THE PROBLEM
In order to proffer a reliable solution to the afore-mentioned problems, Konios has developed a platform that makes it easy for users to exchange their fiat into cryptocurrencies with the use of smartphones and internet connection only. The highly secured exchange platform is designed to allow smooth transactions between users on the same platform with a Face-to-Face (F2F) and other essential features as included. The platform is designed to also reward active users for their loyalty and participation by giving out Konios tokens retained purposely for the reward system.
HOW THE F2F WORKS AND WHAT IT WILL ACCOMPLISH
1. The user (which is this case is the buyer) states which FIAT currency to be exchanged for a preferred cryptocurrency.
2. A list indicating available sellers is displayed according to the parameters (which includes distance, currency, time, place, and date) set by the buyer.
3. The buyer picks a seller from the list (display map option can also be selected to show the active region of the seller).
4. Seller is notified, ascertain the transaction and confirms which then activates the Smart Contract. The exchange currencies remain frozen until the buyer and seller have met.
5. Both parties confirm presence by scanning a QR code.
6. The buyers offer the money to the seller while the seller does the counting right in front of the buyer to ensure accuracy and verification.
7. The seller and buyer then confirm successful transfer on the mobile app.
8. Both parties can depart and the Smart Contract is auto-transfers the cryptocurrency to the buyer.
9. Once the buyer has received the cryptocurrency in a personal wallet, both parties will receive an evaluation request in the form of notification from the mobile app. This allows each person to rate the other which provides confidence and trustworthiness for future transactions and for new users.
THE KONIOS (KON) TOKEN
The Konios token is the means for which users can access the platform and create a profile for the transaction on the exchange. The KON token is integrated with the blockchain technology which functions as the security measure needed for transaction validation and storage of personal data as well as smart contract handling.
THE KONIOS WALLET AND THE REWARD SYSTEM
Konios platform is designed in a way that rewards all loyal and active users on the platform. A wallet is created for every user to store various coins and can perform activities on. The KON tokens serve as a means for rewarding users which can be used for transactions on the same platform.
KONIOS ICO – INVESTMENT OPPORTUNITY FOR ALL
The Konios team presents all crypto enthusiasts the rare opportunity to support and be a part of this life-changing transformation through its Initial Coin Offering (ICO). See the table below for detailed information of the ICO;
THE KONIOS ROADMAP
MEET THE KONIOS TEAM
CONTACT KONIOS ON SOCIAL FOR FURTHER INFO;
OFFICIAL WEBSITE: https://konios.com/
BitcoinTalk Profile: https://bitcointalk.org/index.php?topic=3602568.0
Disclaimer: Petrosnoah, the writer of this article is not a member or part of the teams that owns the above mentioned company and product. However, the writer took time to write his honest opinion based on the information gathered from the internet and the company’s website and whitepaper. This is not a financial advice; please always do your own research properly before taking part in any token sale.