The advancement in technology has brought so many things to our world today. One of the remarkable advancements in technology today is the blockchain. It has brought so many things one of which is the invention of cryptocurrencies. Cryptocurrencies are also becoming tools for trade and exchange and also investment such as Bitcoin.
Notwithstanding that we now have cryptocurrencies there are still challenges in payment. One of the challenges is that people have not yet fully accepted cryptocurrencies as a means of payment which is also now affecting the growth of cryptocurrencies.
It does appear as if there is a competition between cryptocurrencies and fiat money (traditional currencies such as the United States Dollar, Euro, the Swiss Franc and many other fiat currencies).
One of the challenges and reasons why cryptocurrencies have not been fully accepted by the larger part of the population is the hassles associated with signing up on the numerous available platforms.
Another challenge is the unpredictability of the platforms. The layman does not have the needed understanding of these cryptocurrency platforms.
Players in the cryptocurrency space also face the challenge of high fees which are charged by these platforms.
There is the need to come up with a solution to these challenges so that cryptocurrencies can begin to receive much wider acceptability.
The Konios Solution
Konios has decided to answer the call by providing a platform where these identified challenges can be fully handled.
On its platform which it has developed as a decentralized alternative based on the Ethereum blockchain technology, Konios would be providing a solution that would offer secure and anonymous face-to-face cash to cryptocurrency transactions.
Users would also be able to buy and sell goods and services on the platform with cash or cryptocurrency.
Konios has also made it possible for users to exchange any cryptocurrency pairs on the Konios blockchain platform.
Konios Initial Coin Offering (ICO)
To handle the issue of payment, Konios has developed a utility token that would be used on its platform called the Konios token. The symbol of the token is KON. The KON Token is an ERC20 standard token.
The token sale would take place at the initial coin offering which has started on the 1st of July 2018. The initial coin offering is going to last for 90 days.
The total number of tokens to be offered at the ICO is 3,750,000,000 KON tokens at the price of $0.01 (U.S. dollar). The accepted currencies are Bitcoin (BTC) and Ethereum (ETH). The token would be activated after the ICO.
The Konios Team
Konios has a team of respected professionals which includes its co-founder and CEO Patrik Klasnic who is an entrepreneur with more than 7 years experience and co-founder and CTO Mikel Krasniqi who is a full-stack developer with 6 years of experience. Others include Patrick Dobler de Souza and Vera Neidi.
Conclusion
Using the blockchain technology Konios through its platform is making it possible for cryptocurrency holders to access a lot of services through its platform.
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Author - Coltpython
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