Nauticus provides user-friendly, efficient and secure crypto banking, payments and eCommerce solutions utilizing blockchain technology, underpinned by the Nauticus Coin
The Nauticus crypto and fiat currency exchange is in development and due to open in mid-2018. It will trade in 100 cryptocurrencies at launch, and more than 300 within 12 months– including Bitcoin, Ethereum, Ripple, Nauticus Coin and many others. Nauticus Coin users will receive 50 percent discount on trading fees in the first year, which will spur the adoption of the coin and support its value.
Nauticus will also establish a sustainable blockchain mining center in 2019 to provide revenue, along with sizeable server capacity, and to ensure ultra-fast processing for users of Nauticus services. Profits from the exchange and mine will be reinvested in the business to support the subsequent development of a low-cost eCommerce platform, along with merchant and peer-topeer payment options. The company will also develop a 'one and done' Know Your Customer (KYC) verification service and create an ICO community with a range of resources and services for new ICOs along with a quality verification system.
The Nauticus Coin will underpin all of these exciting solutions
Within 12 months after they are established, using our most conservative estimates, the Nauticus Exchange and blockchain mine are projected to generate revenue of approx. $17.7 million, growing to $74.8 m the following year.
Funds raised in the ICO will support the development and launch of the Nauticus Exchange as a priority. This will provide a platform to implement our strategy to grow the value of the Nauticus Coin. Funds will also be used to construct a blockchain mining center which will provide revenue for further expansion, as well as a large amount of server capacity for Nauticus users.
NTS Coin and Utility Purpose:
Nauticus Coins can be used on the exchange straight away to access a 50 percent reduction in fees. Bitcoin, Ethereum and the Nauticus Coin are the key cryptocurrencies on the exchange and will be in trading pairs with most crypto currencies offered. If a user wants to trade TRON for ZCash for example, they will first need to exchange their TRON for one of the key cryptocurrencies, and then use that intermediary currency to buy ZCash. Users will naturally buy the Nauticus Coin for this purpose as it provides a 50 percent reduction in trading fees over the other options. A similar strategy adopted by Binance, saw the Binance Coin shoot up in value by 22,000 percent in the first six months (the past performance of a similar coin is no guarantee of future returns of course).
Nauticus Coin (NTS) underpins our six business and banking solutions, creating an ultra-secure medium of exchange between users. Nauticus is committed to the continuous development of innovative new technology that will be supported by NTS with low transaction fees. The initialtokens for use on the Nauticus Exchange will be created using the Ethereum network ERC20 guidelines but Nauticus will research, develop and implement a new ledger system that supports greater transaction volumes using the most efficient and scalable blockchain technology available (Nauticus is closely examining NEM or Ardor forthis). Any holding of Nauticus Coin will be mirrored by the new medium of exchange.
A maximum of 2,500,000,000 Nauticus Coins are available. Tokens sold to users will accountfor 80 percent oftotal supply; 8.5 percent ofthe token supply will be allocated to the core team and another 1.5 percent will go to advisors (the percentage allocations will be in proportion to the number oftokens sold to users). Ten percent ofthe total supply will be used in the referrals program. Atthe end ofthe ICO any unsold or unallocated Nauticus Coins will be burned. Alltokens will be disbursed atthe end ofthe ICO, and provided to the user’s designated wallet on our platform. Purchased tokens can be used immediately; however, referral and gifted tokens are restricted to our platform only (for example to pay fortrading fees) for a period oftwo years afterthe end ofthe ICO. Afterthis period,they can be freely exchanged for other crypto or fiat currencies. The team's coin pool will be limited to releasing a maximum of 20 percent oftheir supply of coins in the first year, and 40 percentin each ofthe nexttwo years.
Nauticus will make buying bitcoin as easy as ordering a pizza, but where can you buy pizza with bitcoin?
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We were experiencing some issues with PayPal, but now everything is up and running again!!
You can still get your NTS here: https://t.co/wuwn5qnEdd
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“MUFG, Japan’s biggest bank, has announced plans to launch a ‘hyper-scale’ blockchain payments network to be co-developed with cloud delivery giant Akamai for faster, cheaper payments.”
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Watch our COO Jonathan give you a recap of what he and CEO Bryan Ng achieved on their recent world tour and he reveals some exciting plans for the future!
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