Traditional banking systems are fast becoming archaic since the inception of the blockchain technology and digital assets. Digital assets come in various forms such as digital properties , deeds, contracts etcetera. The blockchain when created brought in its own digital asset called bitcoin and it has become the most valuable digital asset in the world due to the fact that it has real-time value attached to it and can be used as a means of exchange and transfer. Bitcoin can be seen as a digital currency. Bitcoin's innovation became the life force of many other digital assets. These digital assets come with amazing features like faster transactions, decentralization, near-zero transaction fees, security, transfers regardless of geographical position etc. These features exposes the deficiencies plaguing the traditional banking systems and they are becoming a disruptive force to this system as well.
The capabilities of these digital assets or currencies has led to the its adoption by businesses to carry out their business operations.For the main part, decentralization is one of the most fascinating feat of these digital assets. The lack of transparency contributes majorly to the problems facing centralized platforms used in carrying out trades and this is one of the major reasons why some businesses are scraping the traditional system and opted for digital assets as it is decentralized and therefore eliminates intermediaries.
With all these digital assets are bringing to the table and as promising they are, so many businesses might not adopt it due to some problem they might encounter.Very few businesses have the financial means to invest into the creation of their own digital asset as the process is not just expensive but also, complex.
You will agree with me that even those trading these assets barely understand the technology that powers it.
This is a barrier to mass adoption as those without the technical understanding of the concept, utilities and other terminologies of digital assets are left outside looking in. There is a blockcain based barrier-breaker called CARBONEUM.
This is a distributed protocol being used for the creation of CoinRedars,a DApp, which is a social trading platform that is democratized. It is basically an open protocol which aims to cultivate maximum trust among social traders and reward the stakeholders fairly for knowledge and expertise sharing.
The open protocol called Carboneum was created utilizing off-chain technology, and is compatible with other applications available on the network, like StockRadars, CoinMax, etc. Carboneum was created to improve direct interaction between cryptocurrency exchanges and digital assets. Lack of transparency will be eliminated by this platform , while also simultaneously functioning as a decentralized system that will eliminate any form of intermediaries. This means that all operations, transactions will be on a peer-to-peer basis.
As we all know, Social trading consists of leader-follower relationship.But Carboneum comes with features that lets it stand out from other social crypto trading platforms. Some of these features include:
The Use Of Smart Contracts: Carboneum will utilize a smart contract protocol using the blockchain. Using the smart contract, both leader and follower are connected directly and both parties agree on terms governing the contract. When a follower follows a leader, he/she stakes a minimum amount of Carboneum(C8) tokens that has been agreed upon by both parties in the smart contract and then, the relationship is recorded on the blockchain. When a follower copies a trade, this is also recorded on the blockchain and this guarantees maximum trasparency and enables the leader monitor the follower's trading activities.
Balanced/Transparent Incentive Structure: With Carboneum's incentive structure, there is bound to be a paradigm shift to the traditional asset management system. Follower and Leader will be aligned in such a way that a revenue or fee will be paid by the follower to the leader when a positive trade happens. Using the blockchain and smart contract, when a particular trade makes a profit, the initially staked C8 tokens by the follower will be transferred automatically by the Carboneum Protocol to the leader's wallet. This settles payment automatically and securely without any interference from intermediaries.The leaders on this platform will be naturally incentivized for making sound decisions.
These and many more features will make the Carboneum platform a must-use platform for digital assets transactions. Most features that this platform possesses have not been seen in any social trading platforms.
Carboneum token (C8) will be used for all activities on the carboneum platform. It will be the currency of the Carbomeum Ecosystem. When followers copy a positive trade, they pay a fee and if this fee is paid in C8 tokens, they receive a 50% doscount. This signifies that as Carboneum continues to gain more users the C8 tokens will constantly be in demand. The Carboneum tokens utility will be inter-weaved with the functions of the platform and they will also be used in StockRadars and FundRadars app.
Total Tokens: 200,000,000
Tokens for Sale: 120,000,000
Token Sale Soft cap: $1,200,000
Token Sale Hard cap: $12,000,000
ICO Date: June 25 2018
60% Pre-Sale &ICO
20% Company
12% Team & Partner
5% Advisor
3% Rewarding Token
50% Platform and Protocol Development
25% Marketing and Business Development
10% Operating Expenses
10% Research & Consultancy Fee
5% Compliance Fee
The Carboneum team is exactly the same team as the StockRaders team. With a well-documeneted track record in building and developing Thailand's leading online stock trading and analytical platform. With top notch advisors and partners. This group of people combined together will ensure that Carboneum achieves all its milestones.
Advisory Board
The Carboneum project is a lucid one and seeks to enhance social trading practices. The platform will be packed with exceptional features and prove to be very beneficial to its users. Utilizing blockchain technology and smart contracts, trading activities on the Carboneum platform will be secure, fast and most importantly, transparent. The team is already successful in their prior project and it is without a shred of doubt that they will succeed in this one as well. Carboneum has skyrocketed its way to my Top 10 list of best blockchain projects in 2018.
Website: https://www.carboneum.io
telegram Group: https://t.me/carboneum_c8
Twitter: https://twitter.com/carboneum_io
Facebook: https://t.me/carboneum_c8
