Nauticus announces ICO and crypto and fiat exchange
Melbourne fintech company Nauticus has announced its Initial Coin Offering (ICO) will launch in April, the first stage of the company’s bold vision for six ethical global banking and eCommerce solutions utilizing blockchain technology.
Pre-registration for the Nauticus ICO is now open, with early supporters rewarded with 100 free coins.
Unlike most new cryptocurrencies, ICO backers will be able to use and trade their Nauticus Coins immediately on the Nauticus cryptocurrency and fiat exchange.
The crypto exchange and payments platform is in development and due to launch in mid-2018. It will initially offer 100 crypto and six fiat currencies (USD, EUR, JPY, HKD, AUD and ZAR). Within 12 months the exchange will offer 300 cryptocurrencies — putting it alongside the top ten exchanges internationally. Nauticus will also offer 16 fiat currencies.
Users of the Nauticus Coin will be given a 50 percent discount on trading fees on the exchange, which will drive the adoption, use and price of the coin.
Around $30 billion USD worth of cryptocurrencies are traded each day. This figure will only grow into the future and yet there are only around 170 active cryptocurrency exchange platforms taking advantage of this explosive growth worldwide.
Nauticus will also establish a sustainable, large-scale blockchain mining center that will provide revenue, and a sizeable amount of server capacity, to ensure ultra-fast processing for all users of Nauticus services. The center will use renewable energy.
Profits will be reinvested in the business to support the development of a low-cost eCommerce marketplace, along with merchant and peer-to-peer payments. These new platforms will be underpinned by the Nauticus Coin, Exchange, Mobile App and Wallet.
The company will also offer ‘one and done’ Know Your Customer (KYC) verification and create an ICO community, which will provide resources and services for new ICOs as well as a quality verification system. For more details please see the white paper on the website.
For more information and to read our white paper, visit www.nauticus.io
