Cryptov8 ICO platform

There are about 300 to 500 million people globally interested in joining the Cryptocurrency world but broad adoption of digital currencies for real world use cases is hindered due to many fundamental issues. Some of them are inherent, others are timely and the rest are subject to technological approach towards Crypto.

Is that Cryptov8?

Cryptov8 is a new hope for all Blockchain technology users. This project will create banks that will use Blockchain technology, with Cryptov8 this will be a bridge between Cryptobanking and Products, and traditional banking services. With Cryptov8 this will increase global adoption and cryptocurrency usage. The plan to make bank blockchain technology will take place in the UK. Cryptov8 will become a full-service retail bank, all retail customers will serve SMEs in a friendly manner. This bank is established by the arrangement of English provided to serve mortgages, loans, savings and current accounts. This project has superior superiority for existing projects,

Unification of Crypto Services

The web platform will collaborate with organizations related to blockchain and blockchain offered to their customers. This will also unify all crypto related services under one platform.

Cryptov8 characteristics

Some benefits for customers that mention the CRV8 token codes are outlined below. This is not a complete list but provides information in ways that allow it to provide information to customers. Reward Prizes for Electronic Money Accounts, up to a maximum of 25% of cryptocurrency fees will be used for this.

Many have tried, many have failed!

We know that many have tried and many have failed on delivering their promises to bring the Banking into Blockchain. But none of them had the requisite background in FinTech or traditional Financial/Banking world to pull it off. In that context, Cryptov8 has a unique advantage. Cryptov8 will be a UK authorized and regulated bank, exposed to some of the world’s elevated levels of regulatory scrutiny and prerequisites. Cryptov8 will transpose best industry practices to the cryptocurrency market so that it can lead the path in becoming a emphatically reputable and trusted custodian in the industry, protecting its customers and promoting responsible conduct.There is clear evidence that banking regulators, governments and legislators across the world have begun reacting to what they perceive as fundamental risks facing individual or retail investors. Numerous have already publicly expressed their intentions to apply regulation to elements of the ecosystem. Whilst controlling financial and political institutions seek to impose some authority on the cryptocurrency market, there are many examples of governments, countries and regulators embracing the movement and understanding that the underlying blockchain technology is a vital advancement for financial services and community in general.

Law enforcement departments, in general, are understanding that cryptocurrency is not all about illicit payments, it has a value and it has a legitimate purpose. It’s just a matter of spending time explaining it, understanding what their concerns are, making them feel comfortable that we are mitigating those concerns, and that we have the right controls in place — Said Nick Rosenberg, CTO Metropolitan Commercial Bank.

Cryptov8 is poised to take advantage of its unique position and is confident that it will keep up the support of banking regulators. They are working with people who are advising the G20, IMF and ECB on creating guidance and best practices.

The development plan for the near future

2018 (Third quarter) - conclusion of partnership agreements with the banking platform. Demonstration of an application for a banking license for regulatory authorities.2019 (first and second quarter) - Implementation of the internal crypto wallet. The launch of personal accounts.2019 (Third quarter) - launch of banking services, namely current account, savings, business lending, mortgage and so on.2019 (Fourth quarter) - Extension of services for the account2020 (Second quarter) - creation of an exchanger inside the platform

Token info
Ticker: CRV8
Type: Utility-token
Token standard: No
Token price in ETH: 1 Token = 0.000265 ETH
Bonus program:
Pre-ICO — 33%
ICO period 1–20%
ICO period 2–15%
ICO period 3–10%
ICO period 4 and until the end of the ICO — 5%
Token distribution:
75% — token sale
10% — reserve to maintain liquidity
10% — for the launch and operational team
3% — bounty campaign
2% — advisors

Team

Advisory board

Verdict

This is no longer a secret that the traditional Banking giants intentionally made Bitcoin look vulnerable by passing on reckless comments in the Crypto circles and media giants. Of course it was expected, but they came at a time when the Crypto community was the least equipped for such rash comments.It’s a no-brainer that cryptocurrencies and Blockchain is the tech of the century (so far) and can not be avoided for long even if you are an adversary. You don’t have to look too far, take the example of JP Morgan and countless others.No matter how strongly you advocate for Cryptocurrencies and it’s use in general, you still need the banks to enter the market. It may be considered as an undesired route but since cryptocurrencies are not regarded as legal tenders, what options do you have?