About Capverto
CAPVERTO is an exchange with a digital currency, based on a versatile Utility Token that extends the basic advantages of cryptocurrency through a design directly addressing the needs of populations most frequently excluded from banking. It delivers a multifaceted bank-like experience, centered on a prepaid card, that is as easy to use as logging onto a fast, well-designed website. At the same time, the pivotal CAPVERTO Token (CAP) at its core supports advanced features such as a cash back system, peer-to-peer (P2P) monetary exchange, a digital currency trading platform, and an innovative cryptocurrency insurance product. In the course of normal use, all of these features influence the underlying value of the CAP, distinguishing it a uniquely flexible amenity for the unbanked and underbanked.
Basic Information
Token Name | CIBUS |
Token Symbol | CBT |
Social Media | |
Accepting | ETH, BTC, LTC, FIAT, BCH |
Hard cap | 20,000,000 USD |
Language | English |
Resection | No restrictions |
Country | Denmark |
Whitepaper | Click Here For View Whitepaper |
Website | Click Here For View Website |
Inadequate local financial
Brick-and-mortar bank branches are costly to set up and staff, meaning many locales lack sufficient options in this domain; The Wall Street Journal reported a record pace of branch
closings in February 2018. Alternative finances thrive in this vacuum, in which the nearest physical location may be many kilometers away.
Inflexible requirements for account
Banks may require a certain amount each month in direct deposits or minimum balance for customers to avoid fees. These stipulations in turn exclude individuals without salaried positions or regular pay, further elevating the total number of unbanked/underbanked.
Features
Fewer and lower fees
The most famous digital currencies, namely Bitcoin (BTC) and Ethereum (ETH), have gained prominence through decentralizing and simplifying financial tasks that once passed exclusively through central institutions and, in the case of payment card activities, required multiple parties to complete and as such had relatively high costs. However, despite their
fundamental potential, these currencies have not specifically targeted the needs of the unbanked/underbanked.
Cryptocurrency technology
In discussing the roles and features of utility tokens, it’s important to distinguish them from the other types of tokens closely associated with initial coin offerings (ICOs), namely security tokens. There’s also a fine distinction between these tokens and what are commonly called coins.
Utility token
A voucher representing future access to the vendor’s solutions. A utility token is not an investment. Think of it instead like a preorder combined with a coupon: Just as many merchants let customers reserve access to a forthcoming release and perhaps gain advantages from doing so (e.g., discounts.
Video
Member |
Martin Mathiassen CEO & CO-FOUNDERRené Fürster Simonsen CTO & CO-FOUNDERRene Meldgaard CIO & CO-FOUNDERLuis Frank Nergaard Klixbull AFFILIATE MANAGER |
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Also Read – Click Here for Read All ICO Review
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