CREDO [pre-ICO]: the nextgen payment system

[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.

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?

Yes, you are quite right: our main token for sharing with all investors will be created in the format ERC20. These tokens will be listed on exchange. Every future ICO-model will distribute these type of tokens. But as we said before we want to give our tokenholders different ways of getting profit from every type of CREDO business model. That means we will create special tokens for each type of licence and for DAO members. This special tokens must be exchanged to the main tokens if an investor wish to get profit from a specific type of CREDO business model. If the main tokens will be exchanged to the specific tokens, they are frozen for the period that the investor wants.

[fengxia]

The payment system is not everyone who can do. Do you have any qualifications? Just a newbie dev?

[CREDOplatform]

The payment system is not everyone who can do. Do you have any qualifications? Just a newbie dev?

Yes, you absolutely right. Our team grew up from the payment technologies. We already have EMV Java Cards, POS terminals and our own data processing.
One of the ICO's goal is to pass PSIDSS and Owasp security audits.  

[kickboxer]

Hey

I missed this ICO but I am glad I could invest some ETH but gutted that I missed 40% discount.

I invested some ether. When do I get the tokens and how do I add CREDO in the MEW?

Thanks

[CREDOplatform]

Hey

I missed this ICO but I am glad I could invest some ETH but gutted that I missed 40% discount.

I invested some ether. When do I get the tokens and how do I add CREDO in the MEW?

Thanks

Hi! Thanks for your interest!

The first token distribution will be in a few days after preICO. You will recieve a personal E-mail.

[kickboxer]

Hey

I missed this ICO but I am glad I could invest some ETH but gutted that I missed 40% discount.

I invested some ether. When do I get the tokens and how do I add CREDO in the MEW?

Thanks

Hi! Thanks for your interest!

The first token distribution will be in a few days after preICO. You will recieve a personal E-mail.

Thank you for the reply.

[kickboxer]

Hey

I missed this ICO but I am glad I could invest some ETH but gutted that I missed 40% discount.

I invested some ether. When do I get the tokens and how do I add CREDO in the MEW?

Thanks

Hi! Thanks for your interest!

The first token distribution will be in a few days after preICO. You will recieve a personal E-mail.

Thank you for the reply.
Just to re confirm - the amount of tokens issued is the amount shown at the time of investing - is that right or does it depend on the value on the day of the distribution? PLEASE CONFIRM.

[CREDOplatform]

Hey

I missed this ICO but I am glad I could invest some ETH but gutted that I missed 40% discount.

I invested some ether. When do I get the tokens and how do I add CREDO in the MEW?

Thanks

Hi! Thanks for your interest!

The first token distribution will be in a few days after preICO. You will recieve a personal E-mail.

Thank you for the reply.
Just to re confirm - the amount of tokens issued is the amount shown at the time of investing - is that right or does it depend on the value on the day of the distribution? PLEASE CONFIRM.

Good question!

It depends on the currency rate on the day of the payment.
Exact tokens count will be calculated and distibuted after the PRE-ICO by Poloniex rates. Token prices linked to USD and you are investing with cryptos. The amount of tokens shown in your account is changing due to the currency rates. When preICO will be finished we make calculations by average rates.

[CREDOplatform]

Hi all,

Please, follow the link to watch CREDO POS Demo

[cryptodv]

Short, but nice video. Hopefully, this is a gem of a project that I invested in. Dev and patents seem legit, hopefully bringing something new to crypto. Glad I got that 30% bonus. Good luck team!

[DonApp]

So I am trying to join the pre-ICO but when I try to generate an address to donate by pressing 'invest' nothing happens.... Anyone else has expercienced the same problem?

One more questions; how does Credo compare to Blockpay? What are the main similarities and differences?

Thanks

[CREDOplatform]

So I am trying to join the pre-ICO but when I try to generate an address to donate by pressing 'invest' nothing happens.... Anyone else has expercienced the same problem?

One more questions; how does Credo compare to Blockpay? What are the main similarities and differences?

Thanks

Hi,
Regarding first question - could you check again, please, should be fine.
Second one, - let me write additional message with products compare )

[CREDOplatform]

Short, but nice video. Hopefully, this is a gem of a project that I invested in. Dev and patents seem legit, hopefully bringing something new to crypto. Glad I got that 30% bonus. Good luck team!

I hope you are right. Success of the Credo is a community.  We will do as much as possible to provide convenient instrument and to implement all our ideas, however only users of the system can spin the plates and we will expect your participation and feedbacks.

Regarding video: we are going to show backend as well, and some additional transactions like refund and reversal

[rkyass]

hi are translation bounties available ?

[CREDOplatform]

hi are translation bounties available ?

Hi, we are going to launch bounty a little bit later. We will inform about that. Thanks for your interest!

[Freaks]

hi are translation bounties available ?

Hi, we are going to launch bounty a little bit later. We will inform about that. Thanks for your interest!

Any details what bounties are on the plan at the moment I will bookmark this thread to check this later when bounties will be announced. I hope this will be launched before countdown end.

[DonApp]

So I am trying to join the pre-ICO but when I try to generate an address to donate by pressing 'invest' nothing happens.... Anyone else has expercienced the same problem?

One more questions; how does Credo compare to Blockpay? What are the main similarities and differences?

Thanks

Hi,
Regarding first question - could you check again, please, should be fine.
Second one, - let me write additional message with products compare )

Hi,
I tried again and now it works! Just made my contribution I am really looking forward to your comparison with blokcpay, perhaps it is good to put in on your website as well? Would be good to have a section comparing Credo to other related projects.

[CREDOplatform]

So I am trying to join the pre-ICO but when I try to generate an address to donate by pressing 'invest' nothing happens.... Anyone else has expercienced the same problem?

One more questions; how does Credo compare to Blockpay? What are the main similarities and differences?

Thanks

Hi,
Regarding first question - could you check again, please, should be fine.
Second one, - let me write additional message with products compare )

Hi,
I tried again and now it works! Just made my contribution I am really looking forward to your comparison with blokcpay, perhaps it is good to put in on your website as well? Would be good to have a section comparing Credo to other related projects.

Cool! Thank you
Re blockpay: to be honestly I dont want to write the fast answer just to be objective. It's good idea to provide comparing section, I'll do it. All projects have strong and weak sides, I can tell you our strong side right now - it's, definitely, the financial instrument we designed and an excellent expertise in factoring operations by our lead Konstantin Golibus. Our team has a great plans for the future, it's a massive and difficult work. But thanks to your support we can move to the next steps.

Join our slack channel, we send update there.

[DonApp]

So I am trying to join the pre-ICO but when I try to generate an address to donate by pressing 'invest' nothing happens.... Anyone else has expercienced the same problem?

One more questions; how does Credo compare to Blockpay? What are the main similarities and differences?

Thanks

Hi,
Regarding first question - could you check again, please, should be fine.
Second one, - let me write additional message with products compare )

Hi,
I tried again and now it works! Just made my contribution I am really looking forward to your comparison with blokcpay, perhaps it is good to put in on your website as well? Would be good to have a section comparing Credo to other related projects.

Cool! Thank you
Re blockpay: to be honestly I dont want to write the fast answer just to be objective. It's good idea to provide comparing section, I'll do it. All projects have strong and weak sides, I can tell you our strong side right now - it's, definitely, the financial instrument we designed and an excellent expertise in factoring operations by our lead Konstantin Golibus. Our team has a great plans for the future, it's a massive and difficult work. But thanks to your support we can move to the next steps.

Join our slack channel, we send update there.

Hi dev,

I have received the confirmation of my contribution to the pre-ico, thanks! Will you also share your comparison of credo with competitors like blockpay here? Because i do not like slack too much do you have telegram available?

[len01]

the pre-ico is collected 8 eth so far, is there any target and how much target for the pre-ico dev?