ATOMIC (Multi-Cryptocurrency Wallet)

de Reva
5 min readNov 25, 2018

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ATOMIC WALLET

A brief glance at the emerging market of crypto projects is sufficient to understand the potential of the blockchain as a powerful, advanced technology of the future. Yet, despite its vast prospects, a major part of blockсhain-based systems still remains at an entry-level, far from being qualified for a general user. Today, the developers’ community is facing a number of unresolved issues preventing a full-scale implementation of the blockchain technology in a vast variety of industries, where it could potentially be applied at a great profit.

One of the greatest market challenges is the remaining necessity of trust towards centralized financial services in an otherwise decentralized environment. Atomic Wallet radically solves problems described above by introducing a fundamentally new platform for custody-free, transparent, immutable cryptocurrency trading. Our platform is the simplest way to connect buyers and sellers within a decentralized framework. Atomic Wallet is a new type of decentralized cross-blockchain exchange.

What is Cryptocurrency Wallet?

Cryptocurrency wallet is an application that stores private keys and public addresses and used to manage (store, send or receive) cryptocurrency. In some cases, a cryptocurrency wallet handles only one coin, but it becomes inconvenient when you need to manage many coins and tokens (you will have to install a several applications, store several passwords and keys on your device). That’s why having mono-currency wallets is not the best option.

About AWC

Our token is called AWC (Atomic Wallet Coin). A strict limit of 100 000 000 AWC will be created, never to be increased. AWC will run natively on the Ethereum blockchain with ERC20 and issued to regulate Atomic Wallet service prices in a decentralized and egalitarian manner. Atomic Wallet Coin is a universal method of payment for cryptocurrency listing in Atomic Wallet, Currency promotion or Swap Order interface placement.

FEATURES

1. Atomic Swaps Exchange
Atomic Swaps is a technology where you can exchange cryptocurrencies directly and without any third parties involvment. Any amount of Cryptocurrency assets can bw swapped by paying a small fee as compared to centralized exchange. The below demo shows you the process to exchange BTC to LTC.
2. Atomic Wallet Coin (AWC)
Atomic Wallet Coin (AWC) is a tradeable assest, only 100,000,000 AWC will be created. AWC will run on the Ethereum blockchain with ERC20. It will be a universal method of payment for cryptocurrency listing in Atomic Wallet. It will be also used for Listing new assets in Atomic swap exchange and etc.
3. Atomic Wallet Security
The most important aspect of any wallet is the security of cryptocurrency assets. in order to store cryptocurrency wallets come with two types of storage. They are known as Hot storage and Cpld storage. The right choice of a hot and cold wallet is an important and responsible step. The most reliable method of storage is traditionally considered cold. Atomic wallet is cold type wallet which means all data and password are stored on user device and not on the server. avoiding custody risk. The only risk involved here is, if user looses backup phrase or shares it with some one.

ABOUT TOKEN

Specifications Token

Token Allocation

Private Sale

Prior to the launch of the AWC tokens release, we will invite potential investors to pass the Investor Questionnaire consisting of the following items :

  1. Description of the investor’s objectives, which they hope to achieve by taking part in the Atomic project
  2. Information on the source of invested funds
  3. Contacts
  4. Amount of planned investments

Based on the acquired data, a White List will be compiled, consisting of persons allowed to invest. Atomic Wallet is open to all investors ready to contribute at least $100,000.

In order to prevent the possible centralization of tokens in single hands, the maximum investment threshold of $1 million has been determined.

Token allocation between Private and Public Sales is a subject to change in case of significant market changes and drastic increase/decrease of interest from potential investors. Prior to changes in Token allocation Atomic Wallet team will initiate discussion with private round investors.

Investing in Atomic Wallet will be available only to individuals and companies who have passed KYC procedure.

Public Sale

The crowdsale will start on October 1, 2018.

The maximum possible number of issued tokens is 100,000,000. This amount of emission is possible only on condition that all investments are collected to the maximum allowable amounts of 1,000,000, and a hard cap is reached.

The minimum number of tokens to be issued is set to 25,000,000. This amount of emission is possible only on condition that all investments are collected with minimum allowable amounts of 100,000, and the minimum amount necessary for the development of the project is achieved.

Due to the instability of the ETH with respect to USD, the price for one AWC-token in ETH will be refined several days prior the ICO. The final starting price will be determined on the day of the ICO.

Atomic Wallet team preserves it’s right to skip crowdsale stage in case necessary funds are raised on the private sale stage. Final solution regarding crowdsale to be published here: https://github.com/Atomicwallet.

PRIVACY POLICY

Privacy is of utmost importance at Atomic wallet Company (Atomic in this agreement). Atomic is a Blockchain Platform which consists of a pool of blockchain infrastructure solutions ready to meet all the community needs and requirements.

This Privacy Policy informs you of the ways we ensure privacy and the confidentiality of Personal Data. We are compliant with applicable privacy laws in the countries in which we operate. This policy describes the information we gather, how we may use those Personal Data and the circumstances under which we may disclose such information to third-parties. It’s your own responsibility to read the Privacy Policy carefully before you start to use Atomic. https://atomicwallet.io/privacy

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