Since the world has been introduced to Initial Coin Offerings, So many people have made made investments in startups and a great deal of money out of it too. The world of finance has been going through big changes recently. One of the biggest changes in the past couple of years has been the introduction of ICOs. It’s no surprise that one of the most popular questions in the crypto space this past year has been ‘what is an ICO?’.
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. But now, I want to introduce a good and promising ico. That is Contractium
What is Contractium?
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.
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.
Who Will Benefit From Using The Contractium Network?
E-Commerce and Freelancers - E-commerce businesses or freelancers who want to send and receive payments using cryptocurrencies will be able to utilize Contractium's smart contracts and payment gateway with ease. Business's can also issue their own tokens similarly to Ethereum and NEO and set up loyalty programs with a built in "cash-back" rewards system.
Online Gaming Industry - Gaming studios and developers can use Contractium as a payment means, reward/bonus system using their own tokens or CTU tokens. When customers make in-game purchases they can be rewarded with actual tokens which can be withdrawn and used on the crypto market. Smart contracts can also be used as a store of value of in-game assets and loot.
Social Media Platforms - Payments, rewards, and donations can be dealt out in CTU tokens for content creators who publish information for businesses or just for their audience to enjoy.
Advertising Industry - Advertisers can use Contractium smart contracts to make deals and supply payment for ad campaigns as well as offer rewards and incentives for services.
Social Data Sales - Users can sell their data to marketers and businesses and earn money directly, opposed to not earning anything from large social media platforms that secretly sell data to businesses.
Why not just use Ethereum Smart Contracts?
Contractium is built on the Ethereum platform but has an advantange over Ethereum's typical smart contracts as their DApp platform simplifies the process. Contractium will make it so issuing smart contracts as well as allowing businesses issuing tokens for themselves can be possible for users who don't have a technical background in Solidity or programming. The all-in-one smart contract and payment gateway offers a built-in "cash back" rewards system that can be used as a loyalty program which will be extra incentive for customers to do business and make purchases.
CTU Token
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 Details
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 Oktober 2018
Token sales + 15% Bonus
Start date: 10th Oktober 2018–11th November 2018
CTU Token details:
CTU Token Allocation
You can join CTU ICO by login/register on https://dashboard.contractium.io/ Right now 617838387 CTU has been sold. So what are you waiting for?!
Follow CTU on:
Website: https://contractium.io/
ICO Page: https://ico.contractium.io/
Mobile App Store: https://play.google.com/store/apps/details?id=com.contractium
Twitter: https://twitter.com/contractium
Telegram: https://t.me/contractium
Facebook: https://www.facebook.com/contractium.io/
Linkedin: https://www.linkedin.com/company/contractium-io/
Youtube Channel: https://www.youtube.com/channel/UCdNLXQrp7sn6lNeqOYOz_wQ
Twitter account from CEO: https://twitter.com/contractium_CEO
Writter
Bitcointalk Username: Kenzio2016
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1999681
ETH Address: 0x152095898a7Aa50a716508f5997790beEdd276Ec
