CREDO [pre-ICO]: the nextgen payment system

[boopy265420]

Still looking to see more support and money coming into project because in early 10 hours response it not satisfactory with such a big bonus. I will keep watching for next few hours to make my mind based on interest of other investors. It is getting hardly attention may be due to timing when crypto is going through hard times as general.

[CREDOplatform]

Still looking to see more support and money coming into project because in early 10 hours response it not satisfactory with such a big bonus. I will keep watching for next few hours to make my mind based on interest of other investors. It is getting hardly attention may be due to timing when crypto is going through hard times as general.

It's own choice. Pre-ICO is a chance to become more powerful in marketing. This is our baby steps on the cryptocurrency market and we don't have big support yet.
But anyway, we definitely bring huge value to the both markets. Our strong side is that a real market already support us. We provide as much as possible confirmations
(UAE, Spain - there, USA - coming soon).

Maybe crypto-community don't know us, but world of retail already knew.
Please, join to the slack and follow us. We will push updates there first. You will get a picture from the both sides and do you choice

[CrackDown]

what makes it next gen ? what the new feature which others did not have ?

[CREDOplatform]

what makes it next gen ? what the new feature which others did not have ?

The main unit of account in CREDO system is a Derivative, under which the parties (buyer and seller) assume the right or obligation to perform certain actions with respect to the underlying asset.
The scheme of financial payments between partners, clients and operators can be implemented as a so-called Cash-Forward model, when the Operator make a preliminary security payment to the Client (issuer of derivatives), and then sells the Client's obligation to the buyers of its goods.
Despite the fact that the Cash-Forward scheme requires a high working capital from the Operators, it has a number of significant advantages:
1)   the operator, and subsequently the buyer of goods, receives a significant discount from the issuer due to the preliminary security payment;
2)   the client that issues electronic certificates gets a high turnover of money and a guaranteed channel for sale of goods.

It is very important to note that The Electronic Certificate is a real financial insrument called a "Derivative" and it may be issued only with respect to the underlying Asset or Obligation. It means that every Electronic Certificate issued in our system is connected with already existing asset or obligation. That is why our processing system was approved by Deutsche Bank when one of our partners was making international transaction through our system.

[CREDOplatform]

Our leader is under negotiations about launching the pilot-project of CREDO with retailing companies in the USA, China and UAE at the moment. 
He is defining the order of deployment of infrastructure, integration and internal communication, as well as the conditions for granting discounts to CREDO consumers. The launch of the pilot project is planned asap.
Retail partners will accept cryptocurrencies. We are going to provide agreements soon.
At this moment our team set robust relationships with a market.
Operator for investors will be created based on this contracts.

[CREDOplatform]

One more interview with our leader:
http://www.coinspeaker.com/2017/06/28/interview-credos-ceo-konstantin-galibus/

[Porfirii]

I would like to apply for translations into Spanish. Please, send me a PM if/when needed.

[cryptodv]

Hello dev, what is the coin supply? Can I send Ether from an exchange to ICO? I'm very interested

Also, I'm trying to send Ether and it's NOT giving me an address, don't want to miss the 30% Bonus. 

[LAETI]

reserving french translation @ thanks

[CREDOplatform]

Hello dev, what is the coin supply? Can I send Ether from an exchange to ICO? I'm very interested

Also, I'm trying to send Ether and it's NOT giving me an address, don't want to miss the 30% Bonus.  

Hi!
I replied in slack, sorry for delay, no worries at all - 30% is definitely your! ))  
Just send me direct message in slack!

We are very pleased that you are interested in project. I would like to share some our technical equipments in slack.

[kimmy724]

If you are discussing about payment system naturally people would be expecting machines or terminals that they can easily transact . Are you ready for massive deployment ?

[CREDOplatform]

If you are discussing about payment system naturally people would be expecting machines or terminals that they can easily transact . Are you ready for massive deployment ?

Good question! Yes, we do. We have terminals and EMV Javacards. Credo processing uses newpos8110 now, but application can be run on 8210 as well.
Moreover HAL (hardware abstraction layer) allow us to migrate on any other platforms in certain time.

Join our slack channel I would like to share photo there soon )

(and video some time later too)

[cryptodv]

I like this project, it should be getting more attention. 

[AmoreJaz]

If you will browse their whitepaper, you can have an impression that it's a promising one.
The team exerted effort on creating a good summary of their project.
But I'm looking for the specific patent number that they are referring to -
"CREDO has an international patent as an innovative financial system and it is already approved by independent banking european experts as a highly progressive fintech-product."
Because if they already have, then it's not difficult to share it with the community as they have the patent already, as claimed in the ANN.

We apreciate you for finding out this mistake - it is already fixed on the website! Thank you!

CREDO now has RUSSIAN PATENT and is going to issue an International this year.

The russian patent number - "ru 2538344 c2".

that Russian patent number was initially was created in 2006 and crypto was created a few years after that! why are you trying to pass this off as something of what it is not? deception in a ANN is not a good thing! so please research better and make plausible LIEs

[CREDOplatform]

If you will browse their whitepaper, you can have an impression that it's a promising one.
The team exerted effort on creating a good summary of their project.
But I'm looking for the specific patent number that they are referring to -
"CREDO has an international patent as an innovative financial system and it is already approved by independent banking european experts as a highly progressive fintech-product."
Because if they already have, then it's not difficult to share it with the community as they have the patent already, as claimed in the ANN.

We apreciate you for finding out this mistake - it is already fixed on the website! Thank you!

CREDO now has RUSSIAN PATENT and is going to issue an International this year.

The russian patent number - "ru 2538344 c2".

that Russian patent number was initially was created in 2006 and crypto was created a few years after that! why are you trying to pass this off as something of what it is not? deception in a ANN is not a good thing! so please research better and make plausible LIEs

Sorry, but here is no any "deception". If you look attentively on the ABSTRACT OF INVENTION this russian patient was firstly published in 2015. And in 2016 we made official procedure of Contract Registration of an agreement on the transfer of patent rights to our legal entity and also in 2016 we made all the necessary preparations to issue international patent-bids in those countries where our operators will work. The main idea of the Patent is that our system has two specified virtual areas: 1) "Circulation of money" and 2) "Circulation of derivateves". That is why this method may be implemented to any currency in the world, especially to CRYPTOS. And that is why we see the great future of our project in the "cryptocurrency" world!

[zekeshawn]

I hope to see more update from this project and I hope the bounty will be available soon. I will include this in my watch list.

[CREDOplatform]

I hope to see more update from this project and I hope the bounty will be available soon. I will include this in my watch list.

We are pleased for your interest to the project.
Bounty will be launched in July.
We are also preparing new updates and life demos.

[DonApp]

Hi Credo platform,

I am intruiged by your project and am considering joining the pre-ico. Some questions that I have; you post some statistics on amount of transactions and turnover so far. Is there more information that you can share on these numbers? Do the numbers originate from your collaboration with the companies from which their letters of recognition are added at the end of the whitepaper? Is there more information you can share on this?

One other question is how tokenholders will benefit from this ico. Could you share some thoughts on this and on the potential growth it can be expected to have in the coming years? Any significant challenges you envision to encounter? (eg diffiiculties in some laws?)

Last (but not least ) I see there will be 2 more icos in the future. What is the amount of tokens to be sold in the first (for this one the pre-ico is now), second and third ico? I assume they will all be using the same token? Any more details already available on the first ico? (eg amount of tokens, cap, what will happen with unsold tokens, division of funds over activities, etc)

Hopefully you can give me some answers so i can decide wheter or not to invest in the pre-ico. Thanks in advance!

[CREDOplatform]

Hi Credo platform,

I am intruiged by your project and am considering joining the pre-ico. Some questions that I have; you post some statistics on amount of transactions and turnover so far. Is there more information that you can share on these numbers? Do the numbers originate from your collaboration with the companies from which their letters of recognition are added at the end of the whitepaper? Is there more information you can share on this?

One other question is how tokenholders will benefit from this ico. Could you share some thoughts on this and on the potential growth it can be expected to have in the coming years? Any significant challenges you envision to encounter? (eg diffiiculties in some laws?)

Last (but not least ) I see there will be 2 more icos in the future. What is the amount of tokens to be sold in the first (for this one the pre-ico is now), second and third ico? I assume they will all be using the same token? Any more details already available on the first ico? (eg amount of tokens, cap, what will happen with unsold tokens, division of funds over activities, etc)

Hopefully you can give me some answers so i can decide wheter or not to invest in the pre-ico. Thanks in advance!

Hi!
Well, regarding first part of your question: there are 18+ different international merchants from various market areas already took a participations, e.g www.led10.ru, www.kardent.ru, www.serdcekarelii.ru, www.kodi-market.ru and much more. However, the much bigger turnover had been achieved by international contracts. Contract details is commercial secret of course, but anyway we just show total numbers of both local merchants and international contracts.

Join to our slack channel Slack. I'll post marketing Credo banner from Russian city to demonstrate how it was

Regarding law challenges, yes, you are right and we really have some difficulties in law. The biggest one is to adopt the derivative (certificate) as a payment instrument to the country law. Law and economy are different in each country and depends on the amount of discounts, turnover speed, amount of deposit payments and commissions.

After the ICO we will create international Operator and give shares to investors proportionally to their investments. First ICO is oriented on B2C market, we are also going to provide opportunity to pay by cryptocurrency with Credo Platform. There are some merchants already sent agreement to us.

Next 2 ICOs will be different, because of they are oriented on another markets B2B and C2C. Credo created financial instrument and it can be applied in many services.
B2B and C2C will show how it can be used too.

[DonApp]

Hi Credo platform,

I am intruiged by your project and am considering joining the pre-ico. Some questions that I have; you post some statistics on amount of transactions and turnover so far. Is there more information that you can share on these numbers? Do the numbers originate from your collaboration with the companies from which their letters of recognition are added at the end of the whitepaper? Is there more information you can share on this?

One other question is how tokenholders will benefit from this ico. Could you share some thoughts on this and on the potential growth it can be expected to have in the coming years? Any significant challenges you envision to encounter? (eg diffiiculties in some laws?)

Last (but not least ) I see there will be 2 more icos in the future. What is the amount of tokens to be sold in the first (for this one the pre-ico is now), second and third ico? I assume they will all be using the same token? Any more details already available on the first ico? (eg amount of tokens, cap, what will happen with unsold tokens, division of funds over activities, etc)

Hopefully you can give me some answers so i can decide wheter or not to invest in the pre-ico. Thanks in advance!

Hi!
Well, regarding first part of your question: there are 18+ different international merchants from various market areas already took a participations, e.g www.led10.ru, www.kardent.ru, www.serdcekarelii.ru, www.kodi-market.ru and much more. However, the much bigger turnover had been achieved by international contracts. Contract details is commercial secret of course, but anyway we just show total numbers of both local merchants and international contracts.

Join to our slack channel Slack. I'll post marketing Credo banner from Russian city to demonstrate how it was

Regarding law challenges, yes, you are right and we really have some difficulties in law. The biggest one is to adopt the derivative (certificate) as a payment instrument to the country law. Law and economy are different in each country and depends on the amount of discounts, turnover speed, amount of deposit payments and commissions.

After the ICO we will create international Operator and give shares to investors proportionally to their investments. First ICO is oriented on B2C market, we are also going to provide opportunity to pay by cryptocurrency with Credo Platform. There are some merchants already sent agreement to us.

Next 2 ICOs will be different, because of they are oriented on another markets B2B and C2C. Credo created financial instrument and it can be applied in many services.
B2B and C2C will show how it can be used too.

Thanks for your reply! Regarding the multiple ICO's: for me it is still not clear whether they will all use the same coin, or whether separate coins will be launched for the separate ICOs. Could you elaborate a bit on that? I assume it is an ERC20 token?