Bitcoin Forum
May 24, 2024, 07:36:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 »  All
  Print  
Author Topic: [ANN] CyberTrust - BRINGING INSTITUTIONAL INVESTORS IN CRYPTOMARKET  (Read 11520 times)
JNR
Full Member
***
Offline Offline

Activity: 585
Merit: 100


@JNRcryptobox


View Profile
November 26, 2017, 04:26:27 PM
 #101

The Co-Founder of CyberTrust, Evgeny Xata, has just uploaded a video where he explations the securisation process of CyberTrust, check it out: https://youtu.be/hDrQhyfq3Gs

nice video explanations inside, and the CO-Founder look like very professional man and awesome

Follow my twitter JNR CryptoBox - then DM me i will follow you back
Just Contact Me if you Need Me
Ξ BITCOINTALK Ξ  Ξ TWITTER Ξ Ξ TELEGRAM Ξ 
chefket
Sr. Member
****
Offline Offline

Activity: 700
Merit: 250


View Profile
November 26, 2017, 05:14:24 PM
 #102

The Co-Founder of CyberTrust, Evgeny Xata, has just uploaded a video where he explations the securisation process of CyberTrust, check it out: https://youtu.be/hDrQhyfq3Gs

nice video explanations inside, and the CO-Founder look like very professional man and awesome

Thank you for your kind words!
If you are not yet I invite you to come to our official Telegram channel. Team members are often present there as well https://t.me/cybertrustbank
chefket
Sr. Member
****
Offline Offline

Activity: 700
Merit: 250


View Profile
November 26, 2017, 06:24:54 PM
Last edit: November 26, 2017, 06:51:28 PM by chefket
 #103

Pre-ICO delayed by 2 days due to legal changes

On November 24th CyberTrust was informed that Switzerland based entities are now strongly encouraged to obtain clearance from the Swiss financial regulator FINMA prior to launching a Token Generation Event (TGE).  Such clearance is estimated to require 3 to 4 months to obtain.  

In this light we have elected to relocate the token emission from Switzerland to Gibraltar. At the same time, in order to update the documentation and website accordingly, the pre-ICO event will be delayed by 2 days to November 29th. Token emission will now be done by CABS Platform Limited on the basis of a service contract with CyberTrust S.A..

The schedule for the ICO itself remains unchanged starting on December 5th and continuing until next January 5th.

If you have any questions please come to telegram and team will gladly answer them!
https://t.me/cybertrustbank
xata
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
November 26, 2017, 08:06:56 PM
 #104

It looks very serious attempt to bring institutional investors into crypto markets. Pre-sale date is approaching fast. They got attention that's the reason I expect huge results in upcoming round. I am following this project for few days because of the potential.


Thanks!!!  We been doing this for last 2 years, so this been very long road in relative to other crypto projects.   

We are pretty F*** sick of all bad service Crypto investing receives at private banks.  We trade a lot our selfs and for some reason if we want to get the money we made back into fiat, private bank will close our accounts, because of association with AML.    This is bull**** and needs to be fixed.  Crypto NEEDs to be Institutionalized.  It NEEDs to be a proper ASSET CLASS.  Relative to other asset classes.  But today it is associated with drugs and only black stuff....      This limits development, as pension funds would never use such ASSET CLASS.   


We believe that DIGITAL ASSETS are a new asset class.  Our Bitcoin Global Note (and similar products) are a way to separate GOOD and BAD, as bad guys will never want to convert BTC into Bitcoin Global Note.  Its would very stupid thing to do!

Emergence of new CRYPTO DERIVATIVES will proliferation the market for ETF 2XBTC LONG, 3X ETH LONG, T-BILLS IN BTC, AMZN IN ETH TERMS, etc...

Learn more about cool things crypto securitization can bring to the market, join our telegram @cybertrustbank
xata
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
November 26, 2017, 08:20:28 PM
 #105

1. Business concept is quite understandable and easy for experienced investors, economists and traders. However, cruptocurrency market is becoming adopted among masses of people that have very basic financial knowledge. How would you deliver the concept of your company for an average potential customer?

Legalize bitcoin market will get you 100,000USD/BTC price point.     If you don’t legalize BTC, next year will be a wave of litigations and market may crash!    You need institutional capital to survive.


2. Considering how fast people switch their attention from one project to another, how are you planning to keep your project developing and increasing its value with time? For example, back in June and July 2017, Siacoin, Digibyte, Library, BAT were quite popular and got a lot of public attention. Few month later, people barely remember them.

We have a huge pipeline of news.  First all coins that will join. NEM, DASH, LTC, etc with all we can do cross promotion within their communities.  Second all the clients.  we meet with Oman royal family fund, Russian soviern wealth fund, pension funds in scandinavia, banks in Austria.  All are info news for the PR.


What's your plan to prevent your coin from losing its value in 5 month, and what would motivate your investors to keep the coin, instead of just massively dumping it after reaching 100-500% profits?

The instrument CABS will be very volatile.   The downside is 2%.  Can it go lower, yes.   but at zero we will not do any securitsiation.  Plus their is a huge demand so this is unlikely.   Can it go up to 100%, yes it could as Bitcoin Investment Trust just on BTC was trading at 100% premium two month ago.  So downs 2%, upside 100% is a very good ratio.

3. Will project disclose investor's information per KYC requirements if requested by foreign government?

YES you will need to do KYC in order to USE Securitsiaton platform.   Passport copy + utility bill with address is enough.  We do online KYC via selfy-photo with data and passport.   Keep in mind that, Bad guys will never use Bitcoin Global Note.  They need Monero or BTC.  AS Bitcoin Global Note is fully compliant and can be frozen by Luxembourg Judge.   Only good guys need our service.  Only investors with need have legitimate exposure to DIGITAL ASSETS.  These folks need and value things like 1) regulatory compliance, 2) risk free clearing, 3) tax clarity 4) cyber security and 5) ability to book digital assets the old fashioned way via auditor and "debit/credit books».   

Our service will separate Good and Bad actors, which is needed, as now we have all in car, smelly indians and british lords riding on each other laps.


4. Do you have any current or upcoming agreement/deals with exchanges?
We will list it at C2CX 24 hours after the end of ICO date.  WE are also negotiating with Bitfinex, Bittrex, Poloniax,    WE WILL NOT LIST ON HITBTC OR ETHEREDELTA

5. What will stop your competitors from copying your business model and out-compete you on the market?
Takes about 1.5 years. so they will copy but their is a huge advantage in first mover.   Plus we will need to get sales going.  It is very difficult to switch clients especially large isntituationl clients that are happy with the returns….   AND our clients are very happy with the returns as they FRONT RUN later institutional investors)


6. What's geographical and economical zone is your target market?
North America,  Europe, Sophisticate Asia, Australia&NZ


7. White paper has several statements that this project solves legal problem for people around the world. However, various countries force law against people who trade securities / derivatives without proper registration. In fact, some countries might limit ability to have any assets abroad. Do you have plans to work with different governments to solve this problem? Because this problem might seriously limit amount of potential investors

Luxembourg is a great jurisdiction pretty much for all invstituinal investors, as it give pass through taxation, so you only pay taxes at the level of an ownership.  For example if you are in North America, you will pay relevant income tax, if you are in Japan you pay Japanese taxes, if you are in Dubai, you pay Dubai taxes, if you BVI you "pay» your relevant taxes there.


8. Per Whitepaper, at least 10 million dollars would be spent on IT system development, Ethereum front-end, gateways into Clearstream and OTC markets, sales forces and back office automation.

Yes, we have a huge plan for IT.  We going to do a video on that.  Best to do an interview with our technical team and ask them TECHNICAL QUESTIONS.  They actually want 15 million (but we scaled them down)  as they say that in order to build #1 global crypto custody we need a lot of traditional, scalable and secure technology that already exists and needs too be merged together instead of building from scratch.   Our IT head following soft cap will be ex-Duetshce Bank VP of Technology. 


What sort of IT system and Ethereum front-end will cost that much money? Are you planning to have any legislative spendings, since you might have to deal with constantly changing regulations?   

 We use INGRID memerogy and butch of non blockchain technology.  But ETH will service its very important role for account management and crypto LINK.

9. Will your platform work mainly with large coins like ETH and BTC, or eventually all cryptocurrency could be "covered" with your project?

Yes we will securitize all top 20 liquid names next year. CABS token will be universal for all.
bitcoinsay
Sr. Member
****
Offline Offline

Activity: 434
Merit: 255


Presale starts on 28th of April!


View Profile
November 26, 2017, 08:26:46 PM
 #106

There's no need to blame the project. The team and the idea are nice. We have witnessed it many times. What bad ideas and teams are investing so well.


▄▄███████▄▄
▄▄██▄▄ ▀▀   ▀▀ ▄▄██▄▄
▄████████▄     ▄████████▄
███████▀▀  ▄   ▄  ▀▀███████
██████▀  ▄█████████▄  ▀██████
██████  ▄█████████████▄  ██████
█████  █████████████████  █████
██████  █████████████████  ██████
█████  ███████████████████  █████
█████  ███████████████████  █████
████  ███████████████████  ████
▀▀█▀   ▀███████████████▀   ▀█▀▀
▄      ▀█████████████▀      ▄
█▄   ▄    ▀▀▀▀▀▀▀    ▄   ▄█
▀  ████▄▄▄▄▄▄▄▄▄▄▄████  ▀
▀█████████████████▀
▀▀▀███████▀▀▀
████
██
██
██
██
██
██
██
██
██
██
████
               ▄▄▄
         ▄▄▄██████
   ▄▄▄███████▀████
▀█████████▀ ▄████
   ▀████▀ ▄██████
      ▀ ▄███████
        ██▀█████
        █   ▀██


        ▄▄▄▄
      ▄█████
      ███
    ▄▄███▄▄
    ███████
      ███
      ███
      ███
           ▄▄▄
 █▄       █████▄▀
 ███▄▄ ▄▄██████▀
  ▀█████████████
   █████████████
    ▀██████████
    ▄████████
▄▄████████▀▀


 ██▄     ▄██▄
 ████▄  ▄█████
 ███████████ █
 ██████████ ██
 █████████ ███
 ████▀███ ████
 ████  ▀ █████
 ▀███     ▀▀██
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████
gabvr
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
November 26, 2017, 10:54:11 PM
 #107

everyone think this crypto will coming on exchange at the price of 250$us ?? on what exchange this crypto is suppose to come ? i never see ico expensive like this.... 0.6 eth for 1 token wtf...
BrotDinos
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
November 27, 2017, 04:33:27 AM
 #108

this is me or its very expensive 0.6 eth for 1 cabs Huh?
While at first it seems a lot to pay for token, compared to the current price of securitized bitcoin and eth the price of 0.6 ETH is very competitive.
Hi, I recommend you to read the whitepaper, the details behind this high price are explained in there. Also, there seem to be a lot of people interested as the soft cap was already reached.
RitzBitzz
Sr. Member
****
Offline Offline

Activity: 331
Merit: 250


View Profile
November 27, 2017, 05:32:59 AM
 #109

everyone think this crypto will coming on exchange at the price of 250$us ?? on what exchange this crypto is suppose to come ? i never see ico expensive like this.... 0.6 eth for 1 token wtf...

Dude read the whitepaper and understand the concept first, this is not your average few cent token, it have it function and why it it expensive.
RitzBitzz
Sr. Member
****
Offline Offline

Activity: 331
Merit: 250


View Profile
November 27, 2017, 05:35:10 AM
 #110

1. Business concept is quite understandable and easy for experienced investors, economists and traders. However, cruptocurrency market is becoming adopted among masses of people that have very basic financial knowledge. How would you deliver the concept of your company for an average potential customer?

Legalize bitcoin market will get you 100,000USD/BTC price point.     If you don’t legalize BTC, next year will be a wave of litigations and market may crash!    You need institutional capital to survive.


2. Considering how fast people switch their attention from one project to another, how are you planning to keep your project developing and increasing its value with time? For example, back in June and July 2017, Siacoin, Digibyte, Library, BAT were quite popular and got a lot of public attention. Few month later, people barely remember them.

We have a huge pipeline of news.  First all coins that will join. NEM, DASH, LTC, etc with all we can do cross promotion within their communities.  Second all the clients.  we meet with Oman royal family fund, Russian soviern wealth fund, pension funds in scandinavia, banks in Austria.  All are info news for the PR.


What's your plan to prevent your coin from losing its value in 5 month, and what would motivate your investors to keep the coin, instead of just massively dumping it after reaching 100-500% profits?

The instrument CABS will be very volatile.   The downside is 2%.  Can it go lower, yes.   but at zero we will not do any securitsiation.  Plus their is a huge demand so this is unlikely.   Can it go up to 100%, yes it could as Bitcoin Investment Trust just on BTC was trading at 100% premium two month ago.  So downs 2%, upside 100% is a very good ratio.

3. Will project disclose investor's information per KYC requirements if requested by foreign government?

YES you will need to do KYC in order to USE Securitsiaton platform.   Passport copy + utility bill with address is enough.  We do online KYC via selfy-photo with data and passport.   Keep in mind that, Bad guys will never use Bitcoin Global Note.  They need Monero or BTC.  AS Bitcoin Global Note is fully compliant and can be frozen by Luxembourg Judge.   Only good guys need our service.  Only investors with need have legitimate exposure to DIGITAL ASSETS.  These folks need and value things like 1) regulatory compliance, 2) risk free clearing, 3) tax clarity 4) cyber security and 5) ability to book digital assets the old fashioned way via auditor and "debit/credit books».   

Our service will separate Good and Bad actors, which is needed, as now we have all in car, smelly indians and british lords riding on each other laps.


4. Do you have any current or upcoming agreement/deals with exchanges?
We will list it at C2CX 24 hours after the end of ICO date.  WE are also negotiating with Bitfinex, Bittrex, Poloniax,    WE WILL NOT LIST ON HITBTC OR ETHEREDELTA

5. What will stop your competitors from copying your business model and out-compete you on the market?
Takes about 1.5 years. so they will copy but their is a huge advantage in first mover.   Plus we will need to get sales going.  It is very difficult to switch clients especially large isntituationl clients that are happy with the returns….   AND our clients are very happy with the returns as they FRONT RUN later institutional investors)


6. What's geographical and economical zone is your target market?
North America,  Europe, Sophisticate Asia, Australia&NZ


7. White paper has several statements that this project solves legal problem for people around the world. However, various countries force law against people who trade securities / derivatives without proper registration. In fact, some countries might limit ability to have any assets abroad. Do you have plans to work with different governments to solve this problem? Because this problem might seriously limit amount of potential investors

Luxembourg is a great jurisdiction pretty much for all invstituinal investors, as it give pass through taxation, so you only pay taxes at the level of an ownership.  For example if you are in North America, you will pay relevant income tax, if you are in Japan you pay Japanese taxes, if you are in Dubai, you pay Dubai taxes, if you BVI you "pay» your relevant taxes there.


8. Per Whitepaper, at least 10 million dollars would be spent on IT system development, Ethereum front-end, gateways into Clearstream and OTC markets, sales forces and back office automation.

Yes, we have a huge plan for IT.  We going to do a video on that.  Best to do an interview with our technical team and ask them TECHNICAL QUESTIONS.  They actually want 15 million (but we scaled them down)  as they say that in order to build #1 global crypto custody we need a lot of traditional, scalable and secure technology that already exists and needs too be merged together instead of building from scratch.   Our IT head following soft cap will be ex-Duetshce Bank VP of Technology. 


What sort of IT system and Ethereum front-end will cost that much money? Are you planning to have any legislative spendings, since you might have to deal with constantly changing regulations?   

 We use INGRID memerogy and butch of non blockchain technology.  But ETH will service its very important role for account management and crypto LINK.

9. Will your platform work mainly with large coins like ETH and BTC, or eventually all cryptocurrency could be "covered" with your project?

Yes we will securitize all top 20 liquid names next year. CABS token will be universal for all.


Very great and details answer, please put it in your website FAQ !

I like this part.

‘Do you have any current or upcoming agreement/deals with exchanges?
We will list it at C2CX 24 hours after the end of ICO date.  WE are also negotiating with Bitfinex, Bittrex, Poloniax,    WE WILL NOT LIST ON HITBTC OR ETHEREDELTA
Shahrul09 (OP)
Sr. Member
****
Offline Offline

Activity: 504
Merit: 251



View Profile
November 27, 2017, 10:51:21 AM
 #111

everyone think this crypto will coming on exchange at the price of 250$us ?? on what exchange this crypto is suppose to come ? i never see ico expensive like this.... 0.6 eth for 1 token wtf...

Dude read the whitepaper and understand the concept first, this is not your average few cent token, it have it function and why it it expensive.
CyberTrust is a bridge between traditional and crypto financial markets. If you compare with Grayscale Bitcoin Investment Trust (BIT) it is pretty good price.
And you can see it with an amount of raised funds only through closed rounds - 43k ETH.
dayasinfo
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
November 27, 2017, 11:05:21 AM
 #112

What GCN actually provides? Is that financial instrument?
nicolasbit
Full Member
***
Offline Offline

Activity: 308
Merit: 100



View Profile
November 27, 2017, 11:07:12 AM
 #113

What GCN actually provides? Is that financial instrument?

Yes, you are correct, this is derivative. GCNs act as a contract for cryptocurrency liquidity. Institutional investors don't have access to crypto market because of lack fo regulation and hard restrictions from SEC. This allows them to get derivatives that should be completely compliant with all laws.

dayasinfo
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
November 27, 2017, 11:07:55 AM
 #114

What GCN actually provides? Is that financial instrument?

Yes, you are correct, this is derivative. GCNs act as a contract for cryptocurrency liquidity. Institutional investors don't have access to crypto market because of lack fo regulation and hard restrictions from SEC. This allows them to get derivatives that should be completely compliant with all laws.
Thank you! I know that institutional investors make a large share of the market in terms of money. Think this project got future!
hollybit
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
November 27, 2017, 11:27:45 AM
 #115

What is the point of your tokens? I don't quite get it from the image
energycrypt
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
November 27, 2017, 11:30:41 AM
 #116

Who is your auditing partner?
gavrosh
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
November 27, 2017, 11:33:13 AM
 #117

Does your token act as security or utility? Can I get dividends from it?
Mops
Full Member
***
Offline Offline

Activity: 266
Merit: 101



View Profile
November 27, 2017, 12:07:12 PM
 #118

How can you store cryptocurrency offline?
coin63
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
November 27, 2017, 12:09:36 PM
 #119

How you will provide liquidity to your GCN?
seriosman
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile
November 27, 2017, 12:10:37 PM
 #120

Are you going to go through security certification process in US?
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!