WHY KROSSCOIN
KSS introduces a consumption-based token framework that allows application developers to monetize any functional component, in any application, running on any platform. A consumption-based monetization model removes the adoption obstacles inherent in one-time fee and subscription licensing, thus freeing the developer to focus on application functionality. With KSS, monetization increases alongside usage, incentivizing application developers to create a compelling user experience. An API interface allows for rapid integration of monetization, while payment gateways and banking relationships are unnecessary as users pay for application usage with KSS tokens, while developers are paid in KSS tokens. Our first apps utilizing the Krosscoin Platform is the patent pending Pipdroid app family. Pipdroid provides mobile execution and management of cloud-based (crypto) trading bots.
1. Ethereum Blockchain
Krosscoin (KSS) will be distributed to Ethereum wallet as ERC20 tokens after the conclusion of each stage of the ITO. E.g. Pre-ITO participants will receive their tokens before stage 1 participants.
2. Cross platform: Android, IOS, etc.
The Kross Monetization Platform will have an API that runs initially on Android and IOS, with other platform support to be determined based on demand. The technology is portable to.
3. Consumption-based Monetization
The Krosscoin API allows for an application to process a consumption, or usage, fee in KSS. The user sends KSS seamlessly by using the application.
4. Multiple Mobile App Releases
Vinekross Corp has developed applications pre-integrated with KSS. A series of additional apps are planned for the future. See Product Overview
5. 100 Million Circulating Supply
Distribution is as follows: 5% presale, 35% ICO, 25% future project development, 25% founders/ devs/ helpers, and 10% reward.
6. Multi-Platform Ecosystem
Multiple platforms will be created to allow apps to exchange value with other apps, merchants, and digital assets (such as music).
7. Decentralized Instant Access
As the all transactions occur within the KSS Ethereum blockchain, developers can immediately transact by simply sending and receiving KSS tokens.
8. Proof of Community
Krosscoin is a utility token. Ownership of KSS represents Proof of Community. The token’s utility is that it can be exchanged for mobile app usage.
TTS Bonus (Token Turnaround Schedule)
RationaleDepending on the success of the ITO, directly after the sale, the total token distribution will be at around 20 million KSS. Whereas Pipdroid Petal & Pipdroid Pearl, the mobile forex trading bot solutions for MT4 and MT5, are already in beta stage and will be usable on due time after the ITO by using KSS. The Pipdroid Optima solution for bot-trading crypto currencies will take a few months to hit the market. Krosscoin needs the time and money raised for installing the needed infrastructure and fulfill regulatory requirements in order to go live with Pipdroid Optima. Therefore, the utility-driven KSS demand shortly after the ITO is limited.With increasing users, increasing functionality and increasing number of apps using KSS, the demand for KSS is expected to increase accordingly. Therefore, Krosscoin came up with the Token Turnaround Schedule (TTS) to limit token supply in accordance with the available use cases, while at the same time rewarding early adopters and HODLers. This is Krosscoin’s way of saying ‘Thank you’ to all the early supporters and ITO participants who make Pipdroid Optima and many more things to become a reality.How it worksApprox. 1 month after the successful ITO, Krosscoin will open a smart contract, called TTS. Token holders will have 4 weeks time, the contribution period, to send KSS to this smart contract, which will lock them. All KSS ERC20 token in circulation at that time are eligible. Over a period of 12 months the TTS smart contract will deliver a certain percentage of KSS to the ETH addresses which contributed to the TTS pool.The TTS pool will be matched with 100% of all token sent-in during the contribution period. Example: When all 20 million available KSS are sold during the ITO, and all 20 million KSS are sent to the TTS smart contract, Krosscoin will add another 20 million KSS, resulting in a pool of 40 million token locked.After the contribution period ends, KSS will be released on a monthly basis for a total of 12 months to each contributing ETH address according to the number of token contributed. The first installment will be 24% of the amount contributed, followed by 11 rounds of 16% each, resulting in a total payout of 200%.The TTS
- limits KSS in circulation to a healthy level, which avoids inflation and can result in a price increase over time.
- rewards early adopters and HODLers with a bonus of 100% KSS. Double your token by HODLing.
- is a very effective way of staking.
- is open and transparent, as everything is recorded on the blockchain.
- enables every contributor to still use the apps as desired with the KSS received from the monthly installments.
Remarks: The above terms of the TTS might change before the end of the contribution period. Krosscoin could decide to change the amount of matched KSS, % of distribution and duration, depending on the outcome of the token sale event, amount of KSS sent to TTS during the contribution period, or any other reasonable circumstances. The total amount of bonus given after the TTS ends may not be less than 100%.Practical ExampleKSS sent to the TTS smart contract during the contribution period: 300KSS received after 1st month: 72KSS received each month from month 2 until month 12: 48Total KSS received after 12 months: 600
OUR MISSION
The Krosscoin Team’s mission is to have krosscoin ecosystem showcase a plethora of innovative and disruptive application solutions within the next 5 years. The KSS token being the monetization currency on solutions serving millions of users or consumers around the world. The partnership forged with both world-class and upcoming developers in both developed and developing countries will create an innovation culture within the Krosscoin global team. Using Blockchain technology to bridge gaps, improve communication, foster trade, develop healthcare solutions, disrupt fintech, and improve certain government processes, the KSS token stands to be among the top 20 cryptocurrencies in the world by 2020.
The first apps in the ecosystem is the Pipdroid app family, and the Ribbon app. Automated trading is done by over 10 million people daily. However traders have been limited by stationary infrastructure with majority of them having to maintain expensive monthly costs just to launch a bot. Pipdroids drastically reduces costs by offering a cloud bot management mobile platform, where traders can launch bots to several markets; forex, commodities, cryptocurrencies, anything the Pipdroid API is connected to.
Pipdroid Pearl and Pipdroid Petal are released already as proof of concept limited beta on the Google Play store. These apps have a potential market of 5 million users conservatively, who use the Metatrader platforms via several forex brokers. Pipdroid Pearl launches to MT5 platform, while Pipdroid Petallaunches to Metatrader 4 platform. Over 40 forex broker demo and live severs from over 12 popular forex brokers are connected to these apps. Automated trading is now mobile, thanks to the Krosscoin ingenuity.
The mobile app market is estimated to be at $188.9B by 2020 (Source: Statista, 2018). With an annual growth rate of 30%, the mobile app market will reach $1.5T by the year 2028. Krosscoin’s mission is to capture $100B market share by the year 2028. The Krosscoin project will achieve this by establishing a great presence in the fast growing developing countries in Africa and Asia, through several innovative million user applications, all monetized with KSS tokens or corresponding native token in the future Kross Blockchain.N.B: Krosscoin or the Pipdroid Apps is not affiliated with MetaQuotes Software Corp as of this date.Learn more about Krosscoin and the ongoing Krosscoin ICO at https://krosscoin.io
ROAD MAP
Our goal is to create the largest decentralized app and monetization ecosystem products in the world, running on KSS. These are the products and systems that are relevant to ours. The Krosscoin Ecosystem scope is limited and will cover several industries including Fintech, AI, Messaging and social, Lending, Decentralized music creation and distribution, Decentralized e-commerce and freelance platforms, Media.
FURTHER INFORMATION !
Website : https://www.krosscoin.io/
ANN Thread : https://bitcointalk.org/index.php?topic=1975416.msg19663110#msg19663110
Facebook : https://www.facebook.com/krosscoin/
Medium : https://medium.com/@krosscoin_team
Slack : https://krosscoin.slack.com/?redir=%2Fmessages%2FC60UJNM2A
Telegram : https://t.me/krosscoin_KSS
Twitter : https://twitter.com/krosscoin_team
MY PROFILE !
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=371610
My ETH Address 0x0c143f6B049cF57F4cb06F34eA9621EE16A89efe