powered by Coinlib

Contractium Ico Review : The Contract-Fuel For Online,Commercial Network


About Contractium

Contractium is a decentralized software that runs smart contracts based on Ethereum, which run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. This enables businesses and commercial users to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.

Contractium project will be bootstrapped via a CTU token presale in March 2018 by contributors all around the world.It is being developed on Ethereum Platform. CTU is a must-have element, a fuel, – the value of contract–, for signing the commercial smart contract on Contractium application.  CTU is a form of payment as well as contract, made by contracter and contractee (customer and business) when they proceed a deal; place an order; book a service online/offline.  CTU is the incentive ensuring to make the operational procedure between 02 parties, on blockchain based Contratium, trustful completed and one of the the both can earn extra added-value CTU back with rewards policy of CTU network.

Token (CTU)

Ethereum’s blockchain technology based on the Proof-of-Work (PoW) algorithm and now it is planning to switch to Proof of Stake (PoS).  That’s why we create Contractium, which is based on Ethereum with the Proof-of-Contract (PoC) algorithm.

The total supply of CTU and its rate of issuance will be decided by the donations gathered on the 2018 presale. The results will be roughly:

  • 900 million CTU will be created to contributors of the presale.
  • 200 Million CTU will be created to the development fund, most of it going to early contributors and Founding & Developing Teams.
  • 200 Million CTU will be created for team and partners all over the world.
  • 200 Million CTU will be created for business experience with the other business platforms all over the world.

Token & ICO

The detail of Contractium tokens:  
Token symbol: CTU   
Token supply: 3,000,000,000   
Token for sales: 1,500,000,000   
ICO token-price: 01 ETH = 15,000 CTU   
Token allocation:

Pre-ICO & ICO: 900,000,000   
Contractium Team: 200,000,000   
Foundation reserved: 100,000,000  
Advisors & Partners: 100,000,000  
Bounty & Marketing: 200,000,000  
The ICO event has 4 periods as followed:  

Private Sales: From 7th July 2018 to August 2018 ( as planned)  
Pre-Sales: From August 2018 to September 2018 (as planned)  
Public Sales: From September 2018 to October 2018 (as planned)  
Token Sales: From October 2018 to November 2018 (as planned)  
Each of the 4 ICO periods  has each bonus rate as followed:
 
Private Sales: + 65% bonus.  
Pre-Sales: + 45% bonus.  
Public Sales: + 25% bonus.  
Token Sales: + 15% bonus.  
(We save the marketing budget as much as we can to increase the bonus, bounty & airdrop for early investors via ICO events)  
Target sales of each ICO periods as followed:  

Private Sales: 15% of the fund.  
Pre-Sales: 25% of the fund.  
Public Sales: 35% of the fund.  
Token Sales: 25% of the fund.   

What’s the relationship between Etherium and CTU?

Firstly, Project should know about the relationship between bitcoin and ether?
Ethereum would never be possible without bitcoin—both the technology and the currency—and team see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as “crypto-fuel”, a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.  And the relationship between Ethereum and Contractium?

Ethereum’s blockchain technology based on the Proof-of-Work (PoW) algorithm and now it is planning to switch to Proof of Stake (PoS).  Contractium is based on Ethereum with the Proof-of-Contract (PoC) algorithm.

Hence, Contractium would never be possible without ETHEREUM, both the technology and the currency.  Again, we see that ETHEREUM is a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else… That’s why we create Contractium.  There are many ways in which you can trade ETH for CTU and vice versa:

Trading ETH for CTU: 

– Contractium will work with multiple third party companies, as cryptocurrency exchanges to make the exchanging of CTU and ETH as soon as possible.

Working as freelancer for CTU:

  CTU will work with multiple third party freelancer marketplaces on Integrating Contractium for online services so that freelancers can earn CTU via working deal

Buying / Purchasing goods online for CTU: 

– CTU will work with multiple third party e-commerce sites on Integrating Contractium so that users can earn CTU when buying/purchasing goods online.

Internet consuming for CTU: 
– CTU will work with multiple third party companies, such as: publishers, advertisers, social media, social networks, display ads networks, search engines, community sites… on Integrating Contractium so that their users can earn CTU when clicking/reading/viewing/watching an ads in common.  Subscription with registered personal profile ( Giving out personal social data) for CTU: – CTU will work with multiple third party commercial platform/software… on Integrating Contractium so that their visitors can earn CTU when providing personal data to make a subscription and/or a business subscription.

A Blockchain Application

Contractium, based on Ethereum blockchain – smart contract, which is going to be intergrated in the real businesses inner network. Contractium with the more friendly UX/GUI (User experience/ Graphic User Interface) in comparison with Ethereum, helps users create smart contract easily by just some clicks, drag-and drop…Contractium network with its crypto-fuel,called CTU (token) will help online businesses change the way they give rewards/bonus to their customers.


Commercial Smart Contract

A smart contract is a computerized transaction protocol that executes the terms of a contract.

A smart contract is a computer protocol intended to facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts were first proposed by Nick Szabo in 1996.[1]

Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim with smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting.

In a simple example, Ethereum users can send 100 ETH to a friend on a certain date using a smart contract . In this case, the user would create a contract, and push the data to that contract so that it could execute the desired command. Ethereum is a platform that’s built specifically for creating smart contracts.

Ethereum allows developers to program their own smart contracts, or ‘autonomous agents’, as the ethereum white paper  calls them. And that smart contracts are written in Solidity, a new programming language which is just like JavaScript… Smart contracts have been used primarily in association with cryptocurrencies.

And Contractium is developed based on Ethereum smart contract, which helps common users generate Commercial Smart Contracts, to cooperate business together in trading/business network and/or in consuming paid information on internet.

EXCHANGES CONFIRMED LISTING CTU


CURRENT WORKING ON EXCHANGE’S CONFIRMATION UPCOMING NEXT


Contractium Ico Review : The Contract-Fuel For Online,Commercial Network Contractium Ico Review : The Contract-Fuel For Online,Commercial Network Reviewed by haw on August 04, 2018 Rating: 5

No comments:

Powered by Blogger.