CRYPTONITY

Introducing

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.

Cryptocurrency

Cryptocurrencies, or virtual currencies, are digital means of exchange created and used by private individuals or groups. Because most cryptocurrencies aren’t regulated by national governments, they’re considered alternative currencies – mediums of financial exchange that exist outside the bounds of state monetary policy.

Bitcoin is the preeminent cryptocurrency and first to be used widely. However, hundreds of cryptocurrencies exist, and more spring into being every month.

Cryptocurrencies are also marked by decentralized control. Cryptocurrencies’ supply and value are controlled by the activities of their users and highly complex protocols built into their governing codes, not the conscious decisions of central banks or other regulatory authorities. In particular, the activities of miners – cryptocurrency users who leverage vast amounts of computing power to record transactions, receiving newly created cryptocurrency units and transaction fees paid by other users in return – are critical to currencies’ stability and smooth function.

Importantly, cryptocurrencies can be exchanged for fiat currencies in special online markets, meaning each has a variable exchange rate with major world currencies (such as the U.S. dollar, British pound, European euro, and Japanese yen). Cryptocurrency exchanges are somewhat vulnerable to hacking and represent the most common venue for digital currency theft by hackers and cybercriminals.

Speaking of cryptocurrency exchange, there are many platforms that offer cryptocurrency exchange services easily and cheaply.

Many lesser-used cryptocurrencies can only be exchanged through private, peer-to-peer transfers, meaning they’re not very liquid and are hard to value relative to other currencies – both crypto- and fiat.

More popular cryptocurrencies, such as Bitcoin and Ripple, trade on special secondary exchanges similar to forex exchanges for fiat currencies. (The now-defunct Mt. Gox is one example.) These platforms allow holders to exchange their cryptocurrency holdings for major fiat currencies, such as the U.S. dollar and euro, and other cryptocurrencies (including less-popular currencies). In return for their services, they take a small cut of each transaction’s value – usually less than 1%.

Cryptocurrency exchanges play a valuable role in creating liquid markets for popular cryptocurrencies and setting their value relative to traditional currencies. However, exchange pricing can still be extremely volatile. Bitcoin’s U.S. dollar exchange rate fell by more than 50% in the wake of Mt. Gox’s collapse, then increased roughly tenfold during 2017 as cryptocurrency demand exploded.

And this is the achievement that the CRYPTONITY platform wants to achieve. A simple but strong and meaningful exchange platform, our goal is to exchange that is respected by the Cryptocurrency Community. We aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market.

CRYPTONITY TOKEN

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”.

TOKEN SALE

ROADMAP

January 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.

August 2018

Cryptonity Initial Coin Offering website released.

WhitePaper circulating into general public

October 2018

Cryptonity.io Web Bêta Version released with active trading.

Trading pairs will be announced at launch.

November/December 2018

Initial Coin Offering (ICO)

Cryptonity.io IOS & Android Version 1.1.0 released with active trading.

January 2019

Cryptonity Tokens (XNY) Distribution (15th, Jan)

Cryptonity.io Official release with Cryptonity Token (XNY) as trading pair.

Q2 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).

Q3 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.

Q4 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.

Q1 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.

Cryptonity Team