KONIOS

What is Konios?
Konios is an application platform for crypto-fiat exchanges, digital currency exchange, and markets (goods, services, digital currencies). Konios idea is unique because it supports face-to-face (F2F) which is similar to peer to peer (P2P) in the real world. With this face-to-face technology, transactions can be done safely (like cash on delivery or COD) that we often use when buying and selling items online. The difference is that Konios's smart contract feature will be able to create a fast, easy, safe, and smooth flow of transactions.
Konios develops and develops a platform for all crypto fans worldwide to enable them to enter the crypto world in cash. Easy access to
Konios platform only requires smartphone and internet connection. Agreement
this is based on the principle of exchange developed in Switzerland without using
banks or other intermediaries. Sharing is done face-to-face (F2F) with the user
other platforms. The transaction process is precisely structured and subject to requirements
highest security. This is made by five security keys, and the participants do
exchange with just four clicks on their smartphone.
To ensure transaction security and low cost, a self-developed groove chart that checks and records all transactions and actions on the local platform. It serves as a basis for the use of all cryptoexchange funds without paying the relevant commission fees. Smart Contract controls and checks transactions and all processes on the platform.
Active platform users will benefit from our reward system. It also enhances platform security and supports the recognition of exchange procedures worldwide. After each transaction, the ratings are given by exchange partners. giving ratings
ideas about the professional behavior of exchange partners. Choice of rewards and penalties
stored in smart contracts, sorting out wrong behaviors and rewarding users for their positive contributions.
In addition, due to the sustained growth of cryptographic community cryptography competition is becoming more and more recognized. Instead, state authorities became cautious as the cryptoscultural community grew harder, and increasingly stringent rules were adopted. State interference is the first step toward universal acceptance. The future of kryptotermings omnipresence requires solutions to simplify management. So
no age group or social minority are excluded from the cryptology community.
Because possible economic changes in cryptothermia are subject to slow adaptation, the general public during the transition period should be introduced into the criptu community in a sensitive, simple and secure manner. With this in mind, Konios' team has been working tirelessly since 2017 to start and create a platform that focuses specifically on this problem area. Konios Team is proud to present the solution.
Why Konios?
  • Their headquarters are in Switzerland, a country famous for its best banking system
  • Unique platform with F2F transactions
  • No user verification required for a small number of transactions
  • It has its own blockchain supported by smart contracts
  • Has a dedicated team with partners around the world
  • The platform prototype has been built for over six months, and involves audits in Switzerland
F2F Transaction Flow
When Konios platform users want to convert fiat to cryptocurrency, here are the steps:
Step 1:
  • The user (in this case the buyer) determines the amount of fiat money to be exchanged, then determines the desired crypto currency.
  • The seller list will be displayed in order from the shortest distance from the buyer. Buyers can also change the look of the list into a map display format to better reflect the seller's position. The exact position of the seller is not displayed, only distance and rank.
  • Once the buyer determines the seller, the information containing the currency parameters, amount, date, time and place will be sent to the seller.
Step 2:
  • The seller confirms the purchase through the Konios app, and automatically activates the smart contract.
  • A number of approved cryptocurrencies are then frozen until both parties meet and complete the F2F transaction.
Step 3:
  • Buyers and sellers meet face-to-face.
  • Both confirm the presence with a QR code scan.
  • The buyer shows the cash and counts it in front of the seller.
  • Cash is given to the seller and both confirm in the application.
    The seller ensures the authenticity of the money and both confirm in the application. After this step they can then go in - - separate way because the smart contract will trigger the transaction of funds that had been frozen.
Konios Token (KON) Function
Konios Token (KON) will be used to access the Konios platform. In order for a user to gain access to an exchange (such as an F2F transaction), a number of KONs must be added in the application.
KONs can be obtained from ICO, air passes, and prizes in Konios app. For example when users download Konios app, they will get 100 KON, if got good feedback then they will get 50 KON, etc. Therefore this token will create an ecosystem that provides incentives for users to use this platform.
Invest in Konios ICO (Public Sale)
  • Ticker: KON
  • Token price at ICO: 1 KON = $ 0.01
  • Hardcap: $ 29,000,000
  • Accept: ETH, BTC, USD, EUR, CHF, RMB, KRW
  • Maximum tokens volume (including bonus): 5,000,000,000 KON
  • Maximum purchase: $ 100,000 / person
  • Token will be activated on Swiss Independence Day
Tokens will be distributed according to the following percentages:
  • 75% ICO
  • 7% Reward System
  • 5% Team and founder
  • 5% Company
  • 4% Airdrop and support
  • 2% Advisor
  • 2% Presale
Then the funds collected will be allocated according to the following percentages:
  • 54% Product development
  • 25% Ads
  • 10% Liquidity
  • 5% HR and Marketing Team
  • 5% Administration
  • 1% Legal
Konios Token Rating (KON)
Assuming hardcap can be achieved with a total fund collected of $ 29 million. Then we can calculate the token dilution factor due to bonus, cost, and others.
Conclusion
This project has a very bright prospect, especially there is no such ICO concept (for author's knowledge) like Konios. This technology will allow people to exchange currency, goods and services face-to-face using smart contracts so that if this F2F technology becomes mainstream, the KON token will be invaluable.
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Author by: thiokoentjoan123

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