✅ [ANN] [PRE-SALE] KRATOS - Blockchain Solution for Physical Commodities Trading

[Jan007]

I am sure that KRATOS  will be able to implement a comprehensive solution to improve the quality of trade for all products and all companies, developing and improving! Solutions to such problems that are observed today-is problems as lack of trust, eliminate manual documentation and unnecessary intermediaries!

[Arkratos]

Great news! I have asked about Token Curated Registries before in this thread but not replied yet. I understand you are going to make an AMA about this. On which chanel you will you will do?

<Admin was on leave, needed a break  >
We will be doing our AMA on 28th August 2018 on our Telegram Group: https://t.me/arkratos_group about TCR. Submit your queries in advance: https://goo.gl/forms/GCxbbA3NmTjsCRu72

[Arkratos]

Will there be any bonuses for holding tokens on the wallet?

Yes, after listing, based on market demand and supply, you will reap the benefits of the market fluctuations in future.

[Arkratos]

This thread needs a bit of moderation in my opinion. I am jot saying that it is not nice to see this many happy and positive comments, but I would like to see some discussion as well. Has anybody found some flaws I  the project? Care to discuss them?

actually I don't understand why many people praise this project with common words, don't explain specifically. what I know is that Presale KRATOS is live but how much funding has ben raised I don't know

We will announce this at the end of Pre-sale

[Arkratos]

As I have touched in my previous article, close to 70% of SMEs worldwide and more specifically in the emerging markets of Asia, Africa and South America lack funds to trade — both to purchase raw materials and to sell finished goods. A major reason for this lack of availability of funds is the lack of access to trustworthy information regarding customers (both individual as well as corporates) for the lending institutes namely the local banks.

We all know that credit history plays an important part in one’s ability to access financing from any lending source. This lack of information leads to improper understanding of the risks that are associated with repayments.

Many multi-laterals like Asian Development Bank, International Islamic Trade Finance Corporation etc have rolled out numerous programs and schemes over the years like Credit Guarantees, Risk Participation, Risk Distribution, Supply Chain Finance Program etc to help the growth of lending to SMEs but these actions have shown limited improvement in the overall scenario. In fact, from 2015 to 2017, the total trade finance funding gap globally increased from USD1.5T to USD 1.7T.

Limited credit information with respect to business payments can sometimes be offset through use of historical data of payments for other goods and services like payment of rentals, taxes, phone bills, school fees etc. But access to such data is also either not available or difficult to integrate because of lack of investments in updated processes, infrastructure, technologies etc.

Looking at the above developments and their limited effect, maybe it’s time to use a different approach. We should attack the root cause and not just the tip of the problem. And the core reason here is credit history which can be attributed to lack of digitization amongst the lending institutes in these geographies.

The proposal is for multilaterals to work with central banks and other regulators in various countries in a systematic way and get them to digitize the banks and other segments like tax calculation and collection. High upfront cost of implementation of banking solutions can be mitigated by the economics of scale, standardization and if required, by credit guarantees from the multilaterals.
Furthermore, there is a going realization from banking software product companies too on the affordability of the various costs attributed with the implementation of digital solutions and they are working (some have already developed) pay per use or per transaction payment models and proposals. This along with standardization and economies of scale would further reduce the costs and risks for implementation, servicing and upgrading, thus allowing for a faster implementation, proper maintenance and reaching the goal of providing ways to capture credit and thus, start to create lending history for banks to make better lending decisions, with better understanding of risk and at much lower costs.

We should not forget that increased transparency in a country’s banking system helps to better manage the fiscal and monetary policy which in turn helps to improve the credit rating and lowers borrowing costs for central banks. This systematic approach where we are fixing the core problem would go a long way into providing finance to those who require it, at the right cost thus leading to both micro (more job creation) and macro (better access to global trading partners and integration with global trade) benefits.

Nice summary from our Medium article. Thanks 

[Arkratos]

In the project, it is interesting that the trades presented on the platform for trade finance will be kept by the holders of the tokens. As a result, users will receive quality transactions. But we need to understand more

Participate in our AMA o 28th August on our Telegram channel and we will elaborate more on this. https://t.me/arkratos_group
Meanwhile, share your what you would like to know more about?

[Arkratos]

I will wait for rating Kratos on rating platforms

It's already there on our website: https://kratospct.io/#home

[Arkratos]

How long after the ICo will the tokens be transferred?

1 week

[Arkratos]

Are in a contact with an/ or several exchanges for the Kratos token? Will it be an utility token that shall be used on your platform only or will it be possible for Kratos to be tradable on exchanges?

Yes, we have officially announced are listing on Trade.io. Bancor Network will be officially announced soon. Remaining exchanges will be soon declared.

 Yes TOS is a utility token used for TCR in our platform. TOs token will be tradable on exchanges

[Arkratos]

Do you plan to make your wallet for tokens?

Not currently!

[Arkratos]

I want to know what kind of ecosystem you are talking about ?

Commodity trading industry ecosystem. Commodities like agricultural produce, animal produce, metals, energy, oil are traded globally and for a trade to happen, let's say wheat trade from Australia to Indonesia, there will be more than 25 parties involved from supplier, buyer, trader, shipping, logistic, financier, bank, insurance company, quality assurance company, logistics company, port authorities, . KRATOS is a one-stop platform where all the parties will come together and interact will each other, conduct business operations and potential partners digitally.

[Arkratos]

do you plan to translate white paper into other languages? and what this languages

Chinese, Japanese, Russian

[Arkratos]

Is there any AMA session already recorded with Kratos team? Or maybe there will be in the future?

Please answer my question and if there was already such a session please share links.

I tried to find AMA but I couldn't. That is why I ask the community for help.

Of course thanks in advance.

Last time we couldn't host one due to technical glitches at our end. We are hosting one again on 28th August on our telegram group: arkratos_group ay 4 pm SGT. Link to submit ur queries: https://goo.gl/forms/GCxbbA3NmTjsCRu72

[Arkratos]

If you can not sell the minimum number of coins? Then what next? Will you extend the fundraising or will the project be closed?

This will be announced after pre sale as we expect to touch our soft cap before ICO

[Arkratos]

How much are we raising for Kratos both hard cap and soft cap

$5mil soft and $55mil raise

[bhiee]

I read that the Arkratos has a working MVP platform, how long is it on the run?

[zuggu-1]

I plan to buy 10,000 tokens, which is comparable to 1 eth! The project inspires confidence!

10000 Tos token worth 10 ether not 1 ether as you said sir, KRATOS Pre-sale enters last week. Don't miss the 10% discount

[mulyadi dedii]

I think.. throught your project, commodities trading sector  significantly will transforms to be better and enhances international physical commodity trading and give more transparent in every transaction have done by users.

Visit https://kratospct.io/

[zuggu-1]

I read that the Arkratos has a working MVP platform, how long is it on the run?

KRATOS 1.0 was released and available in the market Since Jun 2018, being tested by 15 early adopters across Singapore, Hong Kong, Malaysia and Dubai.
all is stated in KRATOS roadmap

[msMReyesss]

The vision of Arkratos is “To be the industry standard in international commodity trading by 2020, by utilizing end to end decentralised solutions.” You should invest in a company with such vision. To know more, visit at https://kratospct.io/. #KRATOSICO #Arkratos