[ANN] *** STABLE TOKENS the HOLY GRAIL of CRYPTO *** [ANN]

[CP_Processor]

What distinguishes a “blockchain token” from a financial security?

Functionality or utility seems to be the key characteristic that distinguishes a “blockchain token” from a financial security. A token which has a specific function that is only available to token holders is more likely to be purchased in order to access that function and less likely to be purchased with an expectation of profit.

So, cPRO token represents user’s “ticket” to the functionality and usability of CP Processor Project Project on the public Ethereum network.

[CP_Processor]

How is cPRO token distributed? 

cPro token has one more specific feature… it is a FAIR DISTRIBUTION, without price, without discount, without pre-sale.. It is a 40 days long FAIR DISTRIBUTION for all participants. We use Dutch Auction method for transparent token distribution. At the end of the auction ALL 35.000.000 cPRO tokens will be distributed proportionally to ALL participants with ETH deposit. All participants are equal, no matter the amount of ETH they send or the time when they send it.

Join our ICO at https://coinpaymentprocessor.org/ 

[CP_Processor]

!!!Special feature!!!

Special feature of cPRO token is also that the collected fee on CP Processor smart contracts is used for Buyback of cPRO tokens. So in the future all collected fees in CP Processor project will be distributed not to private companies but to cPRO token holders by buyback function on decentralised smart contracts! 

[CP_Processor]

How the distribution of cPRO tokens looks in numbers:

• Limited amount of cPRO (ERC20) tokens is minted
• cPRO SUM =100.000.000 pcs.

• First Token distribution of =35.000.000 pcs. STARTS on 2018.04.04. ENDS on 2018.05.14.
• 35% takes First Token distribution in Q2.2018

• 35% takes Second Token distribution in Q2.2019
• 30% takes Open Consortium in 2018.& 2019.

[CP_Processor]

OUR GOALS

No1. - Our first goal is to eliminate the problem of “cryptocurrency as money” that derives from stability of cryptocurrencies. To be more precise, we want to introduce Stable Tokens in everyday use to the whole crypto community and further, because, a general conclusion is that current cryptocurrencies have no money role and are not generally accepted for settlement of liabilities. One of the reasons for this is that users see them as an investment opportunities that have absolutely no external stability, not even a floating exchange rate. By resolving this problem, there would be more use of cryptocurrencies as money for payment and settlement...

[CP_Processor]

OUR GOALS

No2 - Our second goal is to resolve the problem of “decentralized universal currency” that would improve global economy and trade. To be more precise, we want to introduce the “world’s single coin” in everyday legal use all around the world, because, a general conclusion is that current global currencies have no stability, neither externally, nor internally. One of the reasons for this is that people manage them centrally and subjectively, and by removing that state, there is a possibility for the increase in stability...

[CP_Processor]

OUR GOALS:  

No3 - to resolve the issue of “open international payments” that haven’t evolved enough. To be more precise, we want to introduce the “Global Open Payment Protocol” and create a new dimension of global payments, because,  too many different bureaucratic demands and intermediaries stand in the way of open international payments. By resolving this problem, there would be a simpler service for global payments and settlement of money transactions.

For further read, go to https://medium.com/cp-processor/cp-processor-project-goals-and-roadmap-f3ef20786503  

[CP_Processor]

!!OUR ROADMAP!!

Q3.2014 — Creating the idea “Focus on payments”
Q3.2017 — Open consortium starts gathering
Q4.2017 — Project development starts
Q1.2018 — Public distribution of Price Indexes
Q2.2018 — Public distribution of Ethereum Stable Tokens and Supplements
Q2.2018 — Web extension CP Processor V1.0
Q2.2018 — First cPRO token distribution
Q2.2018 — Smartphone App CP Processor V1.0
Q4.2018 — Public distribution of Liberty coin
Q1.2019 — Implementation of fast payment processing Web extension V2.0
Q1.2019 — Implementation of fast payment processing smartphone App V2.0
Q1.2019 — Second cPRO token distribution
2019. — Project and processes maintenance

[CP_Processor]

Great and promising project. Can not wait until this project reaches a huge capitalization, otherwise you’ll be late, you’ve to invest now

Spread the word  We relly on community to adopt this idea and support our mission!
Coin Payment Processor Project = Cryptocurrency as money+Free international payments+Decentralized universal currency

In blockchain We trust! 

[CP_Processor]

!!!ANNOUNCEMENT!!!

Our ICO is now listed on https://www.bestcoins.co/ico/coin-payment-processor and https://www.icoalert.com/?q=coin%20payment&is_v=1

THE FUTURE IS NOW! JOIN US! 

[CP_Processor]

Problem of Bitcoin
One of the main problems with Bitcoin for ordinary users is that, while the network may be a great way of sending payments, with lower transaction costs, much more expansive global reach, and a very high level of censorship resistance, Bitcoin as the currency is a very volatile means of storing value. This volatility results from its built-in quantity commitment: because the number of Bitcoins in existence stays on a programmed path, variations in the real demand to hold Bitcoin must be accommodated entirely by variations in its unit value. When demand goes up, there is no quantity increase to dampen the rise in price; and vice-versa for a fall in demand. 

So, the currency has an established reputation for extreme volatility and Bitcoin holders can lose their wealth and quite often the price moves up or down by as much as 10–20% in a single day.

[CP_Processor]

What is the “holy grail of crypto”? 

 “Holy Grail of Crypto” is a name that was coined by the news portal Coindesk, and the community readily accepted. This term relates to the “Mission impossible” in the field of cryptocoin development — creating a STABLECOIN. 

[CP_Processor]

Can we have the full decentralization that a cryptographic payment network offers, but at the same time have a higher level of price stability, without such extreme upward and downward swings?

YES, we can! 

But the stability problem is still there and we must do something better…

[CP_Processor]

There are three types of stablecoins:

• fiat-collateralized coins
• crypto-collateralized coins

• non-collateralized coins

Also we have seen “the evolution of stablecoin in three generation” :

• collateral backed IOU
• collateral backed on blockchain

• elastic monetary supply based

[CP_Processor]

OUR COMPETITION

Tether (USDT) — fiat collateral
Market cap = more than 2 bil.USD

Claiming that every USDT has one USD as reserve stored in Tether’s bank account. This guarantees Tether’s ability to redeem the legal currency at any time. Yet the model is 100% centralized because the company is in full control of the money supply and reserves. Because its US dollar reserve must be stored in regulated bank accounts, it is subject to government regulations.
The most interesting thing is that the Bitfinex exchange, which, incidentally, controls the work of the company Tether Ltd, after the termination of cooperation with banks has incorporated and introduced the use of USDT, and managed to impose the dominance of USDT as the only stable coin for all other crypto exchanges.

[CP_Processor]

OUR COMPETITION

MakerDAO & DAI — crypto collateral
Market cap = about 500 mil.USD

Maker is able to maintain the price stability of the Dai through the Dai Credit System, which backs the Dai with collateral stored in Ethereum smart contracts, while simultaneously functioning as an internet-based, p2p credit market that commoditizes credit by allowing anyone with valid collateral to take out loans that have low transaction costs and no middle man fees. Anyone can generate Dai on the Maker platform with a collateral value of twice Dai’s Pooled Ether (PETH).

The most interesting thing is that the stable token DAI in practice has the role of ETH LONG leverage and in other words serves as some kind of ETH CALL Option.

[Nicolerxj]

The project is really great. And certainly. Not too exaggerated and it is under radar. Good luck to all investors

[CP_Processor]

The project is really great. And certainly. Not too exaggerated and it is under radar. Good luck to all investors

Thanks! Appreciate the feedback We are preparing many exciting things for the following period! Stay tuned 

[CP_Processor]

OUR COMPETITION

Basecoin — non collateral adjustment
Market cap = private funds 125mil.USD

Basecoin uses a three-token model, which includes Base Share, Basecoin and Base Bond. The supply of Basecoin is elastic while the supply of Base Share is fixed. When the supply of Basecoin contracts, it triggers the Base Bonds to recycle and destroy the Basecoin. When the Basecoin supply expands, the new Basecoin repays the Base Bonds and the rest is assigned to the Base Shareholders. Three-token models present complex problems when traded on exchanges and implement network effect so they are not in public use yet.

The most interesting thing is that this project was first to include the supply-demand adjustment in the price stabilization process as well as “signorated share” principles.

[CP_Processor]

OUR COMPETITION

Havven (HAV) & nomin — crypto collateral
Market cap = about 30 mil.USD

Havven is a decentralised payment network where transaction fees are collected from users of the network. These fees are allocated to collateral token holders, which is where the collateral token derives its value. There are two tokens in the system: havvens, the collateral token; and nomins, the stablecoin. Nomins are backed by havven tokens, as nomins can only be issued by locking havvens into a smart contract. Against the value of havvens a fraction of nomins can be issued, which ensures the network is overcollateralized and is resistant to price shocks. They establish the initial value of the system through a token sale. Because there are no transactions yet, participants in the sale are predicting the value of the Havven network, factoring in some risk premium. Collateral tokens are purchased on the basis that if the network grows and transaction fees increase, the value of the collateral token will increase and users will be rewarded for collateralising the system.

The most interesting thing is that this project will create a stable token exclusively with the supply and collateral of its own token that builds value based on the transaction fees.