Exactly, is really hard to follow this explanation. I think the best way to understand the system will be when it would work and we see live how it works. I hope this will be a good working solution with high transparency and efficiency.
Here's the link to our Tokenomins paper. The concept of TCR has been explained in detail. https://kratospct.io/pdf/Tokenomics.pdfDo let me know in case u have any queries.
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And again, Hi there, dev!
Kratos MVP very looks like the complicated and updated auction platform. Who will the sellers of commodities and what about the regulations? Could we deposit fiat money directly to the platform in the future?
Best wishes!
To set the record right, KRATOS is not an auction platform. We are NOT A TRADING EXCHANGE but AN ECOSYSTEM FOR COMMODITY TRADING INDUSTRY. The key stakeholders of the platform will be buyers, sellers, traders, shippers, logistics companies, port authorities, quality assurers and financiers. In a trading process, every trader is a buyer and a seller both. We will also be onboarding the direct producers who will then act as sellers on the platform. Regulations are as the Singapore Government as we are based here. But for individual trades, the trading parties will determine their terms and conditions as per their local regulations. We are a marketplace facilitating interactions between various players of this industry.
KRATOS will only use TOS tokens for transactions. The interested parties can convert fiat money to tokens at the exchanges.
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I agree, a lot of useful information, the team did a good job. Tell me on which exchanges your token will be presented?
trade.io and bancor network have been officially announced. Paperwork in process for the other 4.
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As the presale ended. Can you give us information about the funds raised at the presale? I have checked out ICO rating sites but could not find any information.
We will be sending out an official communication this week.
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Please answer my question. Is this reward significant, will this be an additional reason for keeping the token? Or is the amount so small that it can be neglected?
The significance of the reward will be significant but dependent on: 1. A number of curators participating in the curation process. There is a minimum cap but not an upper one 2. Count of majority decision makers - Denominator for the split Consider a scenario where the number of curators us very little, let's say 10 and 6 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 10*100)/ 6 = 333.3 for a no-decision: (600+ 10*100)/ 6 = 266.6 Now Consider, if there are 100 and 51 is the count of majority stakeholders. Hypothetically, applicant stakes 1000 tokens and curator stakes 100 stakes reach, so the return to the majority decision maker ( the one who gets rewarded) for a yes decision is = (1000+ 100*100)/ 51 = 215 for a no-decision: (600+ 100*100)/ 51 = 207
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KRATOS is going to take part in the Global Trade Review @gtreview Conference 2018 GTRASIA the wolrd's largest trade and treasury gathering Well, this is a nice and colorful poster you have there. Quite informative as well, about the Kratos project. Might I ask you if you made it, or else, where did you take it from? I like it This is official communication by Global Trade Review Asia - One of the most important trade publication in Commodity trading industry.
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Most likely not so. To vote on a particular transaction, several tokens are randomly involved. If you are involved and you vote not like most of the voters, your tokens are lost. There is a completely different remuneration mechanism.
This is based on the principle of Wisdom of Crowd used for TCR mechanism, also known as Token Curated Registries.
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Thanks for the link. I read the review of AMA. I want to ask one question. How will the amount of remuneration for the holder of the tokens that was attracted to vote on the transaction be formed? Is it a big or small reward?
Consider, the applicant stakes X tokens, every curator stakes Y tokens each, there are 11 curators and majority count is 7, then ( X>>Y) The remuneration for reward to majority decision makers will be calculated on the following formula: in case the application has been approved: (Tokens staked by the applicant ( will be the same for every applicant) + total tokens stake by curators)/ ( number of token holders in majority decision) = (X+ 11Y)/7 in case the application has been rejected: (60%Tokens staked by the applicant ( will be the same for every applicant) + total tokens stake by curators)/ ( number of token holders in majority decision) = = (0.6 X+ 11Y)/7 Read more at: https://kratospct.io/pdf/Tokenomics.pdf
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Hi dev!
At first, thank you for the cleaning the thread. Second, thanks for the AMA report! regarding the AMA question about implementing your platform to usual companies: I think non-blockchain companies should have the opportunity to implement Kratos technology as a unit of service to prove something for example. just think about this step can attract many businesses and gives the Kratos grow
Best wishes!
Hi Shuman, KRATOS is not a technology but a product built on Blockchain Technology.
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Despite the obvious advantages, the use of blockchain in business processes is still slipping, and the main reason is the complexity of its implementation, but this project Kratos should help us. Well, I recently found out that they are preparing an interesting platform for promoting Solution for Physical. Now you understand the scale of this project. It clearly has a great future and it should be used now.
When will the platform be launched? I want to personally check her work capacity. As far as I know, the product is still only under development. The platform has already been launched, early-stage testing with few of our clients. Here is the demo link: https://mvp.arkratos.com/login
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Hi Mods, We understand your concern and are trying to moderate it. There is no bot working on behalf of Arkratos, its a manual person replying the threads. We are a genuine project trying to gather traction and have been trying out best to encourage users to psot releavnt queries only.
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I look for a thread with real people and engaging discussion. Not a spam contest. I advise to do something in this matter Kratos team.
There is defenitely something going on here. I wonder where all these new accounts came from. Maybe is not Kratos fault, but damn we need moderation in here Thanks for the support. We are trying our best to moderate. Requesting the community: PLEASE POST RELEVANT CONTENT ONLY. There are different channels for other comments and questions.
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when will distribute the token of bounty campaign in bountyhunters.io guys?
Please post relevant questions only. This is not a thread for these discussions.
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his would be good if somebody from the team or OP filter this spammy post and answer valuable questions.
I look for a thread with real people and engaging discussion. Not a spam contest. I advise to do something in this matter Kratos team.
We are actively moderating the thread but this a public platform and we can't control what someone would post. Thanks for highlighting the concerns.
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The share of the team and the owner is planned at 20% of the tokens. Will there be any restrictions on the use of these tokens? I'm worried about the price of the token when entering the exchange.
Yes, the team has a lock-in period of 24 months. Lock-up Period Pre-ICO 6 - Months ICO - None Advisors- 12 Months Ecosystem Participants - 24 Months Founders -24 Months Team - 24 Months Exchange listing - None Bounty - 6 Months Reserve - 24 Months
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Where is the details information about KRATOS ICO? When will it start and when will it end? Actually we are very serious about this project. in future it will give a big platform for more earning.That is why I want to see the details information.Thanks
Visit https://kratospct.io/
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What has Kratos been up to lately? What have recent business deals been made? When will we see some actual cases that are transparent? I have interest about what sort of companies and people use the Kratos platform and what goods they trade. Maybe this thread can receive an update? I have not noticed one for some time.
Actually, the team has been really busy. Apart from our Pre-Sale activity,We have rolled out two new product features: 1. KRATOS has increased the product security up a notch by implementing an entity-level permission layer which will limit the visibility of critical trade details to specific users. By hardening the Ethereum nodes using AWS VPC, KRATOS is now prepared to shield all transactions against the external attacks. 2. Quality Assurance Module EnhancementWe are working as per our Product Roadmap to meet October 2018 deliverable: 1. Risk Management module2. TCR Module for Trade Finance On our business side, we have sealed the deals with strategic partners: 1. Trade.io for listing 2. Linxens for Document authentication 3. Bancor Network 4. TradeTeq for trade analyticsOn Marketing Front:1. Organised a closed door event on TCR2. Gearing up for our GTR partnership - Global Trade Review, world's leading news source, publisher and event organiser for the international trade and trade finance markets 3. Product Demos with our potential clients
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I just don't believe this rating anymore because lately I have worked as an advisor for an ICO and I have seen how this rating underworld works. There are a lot of scammy and shady ICO rating pages which are asking for money in return for high rankings. They even threat ICOs and give very low ratings and ask for money to adjust that. I just couldn't believe what is happening. Good established ranking pages asking very high fee 5K to get listed. This is just insane. Still, I use few of this pages as a tool when researching ICOs because there are all infos needed in one place but I don't believe their ratings at all. Is it true that you can buy the highest rating for $ 500? I am sure that the ratings of our project are real. Yes, there are several rating websites which charge you for rating and as a result, you can see a lot fo ICO websites with over 20 rating. We have only applied for the FREE Evaluation else you would have seen KRATOS in premium listing and a lot of display banners if we would have done paid ( which is not the case)
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I just don't believe this rating anymore because lately I have worked as an advisor for an ICO and I have seen how this rating underworld works. There are a lot of scammy and shady ICO rating pages which are asking for money in return for high rankings. They even threat ICOs and give very low ratings and ask for money to adjust that. I just couldn't believe what is happening. Good established ranking pages asking very high fee 5K to get listed. This is just insane. Still, I use few of this pages as a tool when researching ICOs because there are all infos needed in one place but I don't believe their ratings at all. We assure you we have not paid for the ratings. ICO Bench has fair evaluation process and we are rated 4.5/ 5 not 5.0
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