CARDONIO

Introduction

Cardonio is a cutting edge payment card which is set to be the must-have item for every holder of Bitcoin and/or Ether Cryptocurrencies. In addition it is perfectly suited for anyone who spends money in foreign currency around the world. Primarily designed as a solution for those within the Cryptocurrency community, what makes Cardonio such an exciting and unique opportunity is that card holders are able to secure instant lines of credit using nothing more than their existing Crypto holdings as security.

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Payment System

The electronic payment system has grown increasingly over the last decades due to the growing spread of internet-based banking and shopping. As the world advances more with technology development, we can see the rise of electronic payment systems and payment processing devices. As these increase, improve, and provide ever more secure online payment transactions the percentage of check and cash transactions will decrease.

One of the most popular payment forms online are credit and debit cards. Besides them, there are also alternative payment methods, such as bank transfers, electronic wallets, smart cards or bitcoin wallet (bitcoin is the most popular cryptocurrency).

The following is a payment system that is often used by people

E-wallet A form of prepaid account that stores user’s financial data, like debit and credit card information to make an online transaction easier.
Smart card A plastic card with a microprocessor that can be loaded with funds to make transactions; also known as a chip card.

E-payment systems are made to facilitate the acceptance of electronic payments for online transactions. With the growing popularity of online shopping, e-payment systems became a must for online consumers to make shopping and banking more convenient. It comes with many benefits, such as:

Reaching more clients from all over the world, which results in more sales.
More effective and efficient transactions — It’s because transactions are made in seconds (with one-click), without wasting customer’s time. It comes with speed and simplicity.
Convenience. Customers can pay for items on an e-commerce website at anytime and anywhere. They just need an internet connected device. As simple as that!
Lower transaction cost and decreased technology costs.
Expenses control for customers, as they can always check their virtual account where they can find the transaction history.
Today it’s easy to add payments to a website, so even a non-technical person may implement it in minutes and start processing online payments.
Payment gateways and payment providers offer highly effective security and anti-fraud tools to make transactions reliable.

Speaking of payment systems, we want to discuss a payment platform that must be owned by crypto-enthusiasts around the world, this platform is named Cardonio. As explained earlier, Cardonio is a cutting edge payment card which is set to be the must-have of Bitcoin and / or Ether Cryptocurrencies.

What are the benefits of using Cardonio

Visa card, low interest rate, no annual fee

Make seamless fiat purchases

Spend multiple currencies

Imagine the prospect of making a purchase today for $10,000 which for argument sake is 1BTC. By the time payment is due in 90 from now the BTC price might be above $12,000, meaning you have saved well in excess of 20% on the purchase price”.

Core features

Providing the general public with the chance to make purchases via Ether or Bitcoin using a physical card similar to that of a standard credit/debt account.
Make purchases wherever traditional credit/debt cards are accepted — Accepted both online and for traditional POS card payments.
The subtle difference between Cardonio card and the way people have historically used credit cards is that (behind the scenes) the exact purchase amount via Cardonio Card will be exchanged in real-time from either ETH/BTC. This will take place the very moment the Card is swiped in either an ATM or POS payment gateway, with the remaining balance securely stored in the customers personal wallet to which only they have access.
Exchange money at perfect interbank exchange rates using the Cardonio mobile App.
Enjoy the same perfect interbank rates whenever a purchase is made using Cardonio Card.
Send money from Cardonio App in 23 currencies and from 120 countries worldwide for free.
Sending money between Cardonio App users is not only free, it is real-time. The money sent will be instantly available on the receiver’s Cardonio Card.

DETAILS ICO

Token name Cardonio Token

Ticker CDO

Price Initial offering

15 August 2018 $0.02, PHASE

15 September 2018 $0.10, PHASE

Start Date 15 Aug 2018

Finish Date 15 Feb 2019

Platform Ethereum

Total Supply 550,000,000 CDO

Soft cap 220,000,000 CDO — 16 million

Hard cap 360,000,000 CDO — 80 million

Country United Kingdom

Accepting ETH

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Cardonio Card

Registering an account in order to access your own personal Cardonio Card is a 3–5 minute process, we refer to as ‘on boarding’. This will include confirming a few personal details and a KYC verification to confirm customer identity. Once completed, Cardonio cards will be digitally allocated and sent to customers via registered mail with no fees or charges applied.The physical card can be used both for online and offline purchases and will be accepted at more than 30 million merchant locations around the world.

Every time a purchase is made using Cardonio Card, customers will be given perfect interbank exchange rates with no markups or fees. In practice that will result in savings of around $60–80 on every $1000 spent, which compared to regular banks is an amazing value proposition in itself.

Cardonio accounts can be easily funded with Ether and/or Bitcoin and without additional fees.Traditional Fiat currencies can also be used to top up accounts by means of bank transfer or from an existing debit/credit card.

Cardonio Card allows for seamless purchases funded with your own ETH/BTC holdings.Customers hold ETH/BTC balances in their own personal wallet, which can be viewed at any time via the Cardonio website portal or smart phone app. Every time a Cardonio Card is swiped, the equivalent amount of ETH/BTC required to settle the fiat currency transaction will be exchanged.The rest of your ETH/BTC will be exchanged for the equivalent cash value. At all times your remaining balance stays in your wallet.

There are no monthly or annual fees for usage of the Cardonio Card and access to perfect inter-bank exchange rates are at no cost to the user. Cardonio will not charge fees for global ATM withdrawals in line with acceptable Fair Usage Limitations.

Supported crypto currencies are:

Bitcoin

Ethereum

Ripple

Bitcoin Cash

Litecoin

Tether

Monero

NEO

DASH

Cardano

In the future additional crypto currencies will be added.

CARDANIO BLACK Card

Limited Edition Cardonio BLACK Cards will be issued to first 1000 customers who meet the requirements. In order to qualify you will need to buy 50,000 CDO and commit to holding for a minimum of 6 months. Once you purchase you will need to hold in the Cardonio wallet to start the qualification timer. If you move the tokens out, the timer will be reset. Please note that moving the tokens back into the wallet will restart the timer and the full 6 months would be required. There will be no Cardonio BLACK Cards issued after the initial 1000 cards.

The BLACK Card

Besides the exclusive design, Cardonio BLACK Card holders will enjoy lifetime unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits. More benefits will be rolled out over time.
The person who contributes the highest number of tokens in the ICO will be rewarded with Cardonio BLACK Card Number 001 and will receive a bonus 100,000 CDO Tokens from the Cardonio team Pool.
The 100,000 Bonus CDO Tokens will not be subject to a lockup period.
The winner will be announced at the end of the token sale, winner must meet the black card requirements to be granted the bonus tokens.

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Credit Card Repayment

Cardonio card bills are issued monthly and settlement is due within 90 days of purchase. There is no obligation to repay the outstanding balance because your crypto is used to secure the fiat purchases. Any crypto not used as security against purchases is available to withdraw from the system 24/7. At the end of the 90 day billing cycle our systemautomatically settles customer accounts and releases the outstanding crypto balance.Customers also have the ability to settle their accounts at any time during the billing cycle and withdraw the remaining crypto instantly

Market

The cryptocurrency market is looking bullish, and according to specific experts, it could one day be worth regarding market cap at least $40 trillion. One of the experts who believe it will reach $40 trillion is the founder of Pantera Capital, Dan Morehead. He positively highlighted- “the industry as a whole is $400 billion. It easily could go to $4 trillion, and $40 trillion is definitely possible.”. So you don’t have to worry about the cryptocurrency market that Cardonio wants to enter, because this market will grow even bigger in the coming year.

ROADMAP

December 2017 The founders included the Carbonio group. Technical document and initial investment.

January-March 2018 A management team is hired and the development of the basic platform begins.

May 2018 An online Beta Platform has been launched. Licenses for Fin-tech and crypto-currencies are approved and sealed.

August-September 2018 Every week we will announce our advisory members, with a meeting and a greeting and questions and answers sessions for our members.

15 August 2018 Pre-sale begins.

24 August 2018 The drop for initial investors begins. Bounty campaign will follow two weeks after the start of airdrop.

December 2018 Launched applications for Android and iOS — beta version. Connect it to Apple Pay, Samsung Pay or Android Pay.

15 January 2019 A license to operate as a financial institution approved. Carbonio cards are sent to members via express couriers.

February-March 2019 Declared and launched external exchanges. The initial list on HitBTC.

14 February 2019 The final phase of the sale of tokens is coming to an end.

16 February 2019 ERC 20 tokens are available for output to external purses.

10-Mar-2019 Online maps are available for all participants. (The Credit and Credit Platform was launched).

TEAM

Alan Chang

Chief Executive Officer

Ryan slater