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Сryptonity: The Crypto Community Exchange


Cryptonity is the combination of two words: Crypto and Community.
Simple but strong and meaningful, our goal is to be an exchange that is respected by the Cryptocurrency Community. We aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market.

We want to bring good vibes to the Crypto World, breaking with the ‘only profit’ policy of most exchanges.

We will issue our own token, called Cryptonity Token, with the ticker XNY.
Our Cryptonity Token will run natively on the Ethereum Blockchain. We are planning to develop our own Blockchain in the near future and we will start working on it right after our Token Sale is finalised.

Cryptonity Token will be a utility token and its price shall thus be related to its utility. Our token will grant its owners a lifetime discount of 50% on Cryptonity Exchange fees.

It will also enable its owners to take part to specific features such as the vote for the “Coin of the Month”.


Building a cryptocurrency exchange is not an easy task. Building an exchange that provides a complete set of tools and features is an even more challenging ambition. At Cryptonity, we are conscious of the time, self-investment, passion and hard work a project like this demands.

But we do believe that the current exchanges, including those who have been in the market for a long time, can be improved in a lot of ways. Perfection is very hard to reach, but we strive to get close to it, as much as we can.

Based on our experiences in cryptocurrency as traders and miners who have been active users of current platforms, we do believe that we have the knowledge and the skills needed to build the cryptocurrency exchange you’ve been waiting for.

We also believe that in an exchange project, as for any other business, the customer is the king, and should be treated as a king, or a queen. Our users/customers are the ones who use our tools, trust to keep their money safe, and thus help us build our reputation and credibility in the market. So they deserve to be listened to and to be treated with care.

Problems on current exchanges

From our point of view, we see two different categories of cryptocurrency exchanges: the big players on the one hand, and the challengers on the other hand.

The ones we subjectively call the challengers do not care about their users or customers, and seem not worried about their credibility. The majority of them list all coins who accept to pay their expensive fees, and that’s it. They don’t interact with their customers, don’t make any improvements (such as UI upgrades), and only focus on maximising their incomes. They are very often not transparent at a point which it is, sometimes, for us, hard to understand how some users can trust them and engage their money on those exchanges. We think that it’s because some “low cap” alt coins are only available on those exchanges.

Regarding the big players, we also have a lot of questions. Are they real companies? Are they regulated? Do they have plans to support FIAT? Do they have any bank account? Where are they based? Are their platforms really safe? Is there any insurance in case our money is stolen? Can we talk to someone in a live chat? Can we call them in case of emergency? And the list goes on. At the end of the day, it’s all related to security and transparency issues. It’s actually even worse for big players as they are the main target for hackers and thieves.

We could write a book about cryptocurrency exchange related problems, and the ones stated above are only a few among a very long list of things the market can do better. In the same time, we understand that running an exchange involves many challenges and risks. Aside security and transparency issues, we have also noticed issues related to user experience, such as lack of trading tools, insufficient language support, slow withdrawal processes, etc.

Cryptonity solutions

At Cryptonity, we aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market.

One of the key aspect of our project is security. We want to provide to our users the most secure trading platform. To achieve that goal, we will work with the best known security experts in the market, be audited twice a year by independent security companies, and communicate our audit results to all of our users. Our security partners will be mentioned on our website. To go further in guaranteeing our users the safest trading experience, we will setup an insurance policy to refund our users in case of losses, due to an attack. You will find more details about our insurance policy below, in the Exchange Principles section.

The other very important aspect is the collaborative interaction with our users. It is more than natural for us to involve our users in the evolution of our platform. We will have various communication channels open to interact with our users and we will make sure to respond to our users’ requests as promptly as possible. We want our community to get involved in the evolution of the platform, in terms of features to be developed, coins to be listed, and so on. A “Feature Request” function will be implemented for users to submit the features they would like to see on the platform.

Last but not least, we will put all our efforts to provide our users with a comprehensive and ergonomic set of trading tools, including a large number of languages.


Crowdsale details

Budget allocation


Details Token


Roadmap

01
March 31, 2018
Confirmed start of the Cryptonity Exchange project.
Legal consultation and creation of our French Company.
Start development of Cryptonity Exchange platform and mobile apps.

02
September 30, 2018
Cryptonity Initial Coin Offering website released.
WhitePaper circulating into general public

03
December 31, 2018
Cryptonity.io Bêta Version and mobile apps released with active trading.
Trading pairs will be announced at launch.
Initial Coin Offering (ICO)

04
March 31, 2019
Cryptonity Tokens (XNY) Distribution (15th, Jan)
Cryptonity.io Official release with Cryptonity Token (XNY) as trading pair.

05
June 30, 2019
Start of “Heroes” Program and “Coin of the Month” listing system.
Optimization of our infrastructure, development of technical teams around the world and constantly updating our platform.
Negotiations with organization where we operate that can provide a license Crypto → Fiat → Crypto (France, Malta, Philippines).

06
September 30, 2019
Evaluation and integration of “Staking” rewards for our users.
Evaluation and integration of “Masternodes” feature for our users.
Evaluation and integration of Airdrop feature, Forks support, users security features etc.
Implementation of Trading Competitions and partnership for security audits.
Implementation of “Feature Request” and “Coin Request” sections.

07
December 31, 2019
Opening our offices in Asia.
Development of our own Blockchain and our decentralised platform with the contest for developers.
Evaluation and integration of strategy and analysis tools, such as “Portfolio Tracker”, etc.

08
March 31, 2020
Service extension as an ecosystem of centralised and decentralised applications around cryptocurrency trading, decentralised services (Trading, VPN, Chat), Fiat and many more areas.

Integration and start of our 24/7 Customer Service Live Chat and Phone Assistance.

For further information below

Сryptonity: The Crypto Community Exchange Сryptonity: The Crypto Community Exchange Reviewed by haw on November 02, 2018 Rating: 5

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