Cryptonex 101, Rose Street South Lane, Edinburgh, EH23JG, Scotland, UK +44 131 463-05-55, www.cryptonex.org, hello@cryptonex.org
Cryptonex The project was founded in May 2017 as a revolutionary and technological product which meets absolutely all the needs of cryptocurrency market and blockchain industry. Two years at the market, a lot of services, good reputation, several hacking attempts. During this time, the project has become stronger, has adapted and chosen a strong development strategy. 1
A single environment for all services With the help of one account, a client gets access to the largest set of cryptocurrency services such as: multi-currency wallet, exchange, p2p platform, mining, invoice service, exchanger, cards and coupons service. The service supports 17 languages. 2
CNX coin It is based on a reliable PoS solution, does not require large network maintenance costs. The coin is available to everyone anonymously and decentralized, supporting clients for Windows, Linux, MacOS. Ready server solution. Open source code. High capacity. Low cost of transaction. 3
Multi-wallet Support of basic currencies Bitcoin, Ethereum. It is planned to support Litecoin, Dash, ZCash and others. The following cryptocurrencies have been added: Ontology, ThingsChain, Kolin, Apollo, Waves, Nerves and Cryptonex, of course. Five Fiat currencies are supported: EUR, USD, RUB, GBP, BRL. CNY, HKD, VND and others are in plans. 4
Exchanger A service of assets exchange at prices and volumes available on the website. It works on the principle of Robokassa or any other popular exchangers. It is regulated by the platform itself. 5
P2P platform An open platform for a direct exchange with the help of Cryptonex service as a transaction guarantor. It is multi-currency and supports more than 50 currencies. 6
Exchange A classic cryptocurrency exchange. It is an open and transparent marketplace for trading assets, regulated by the customers themselves. Exchange supports classic trading. In the future: margin trading, PAMM system, portfolio investments. 7
Cards Coupon service has many advantages: security secret codes, recipient, expiration date. It provides the opportunity to issue 3 types of physical cards: prepaid, chargeable, gift. It is planned to provide expendable cards and anonymous cards (without a link to the account). 8
Cloud mining A service of mining pools for PoS currencies, currently configured on CNX. It is planned to support a variety of PoS currencies and add the opportunity to work with pools of different blockchain types. 9
Invoice service A solution for accepting payments between customers, transferring funds on request and paying for goods and services. It provides the opportunity to invoice in cryptocurrency with payment in Fiat. 10
Integration with payment systems Support of deposits from Bank cards directly to the cryptowallet even in anonymous mode. Support of external payment systems such as AdvCash. Integration with Bank payments provider is being carried out. Providing AML and KYC on the side of providers. 11
Support of cryptocontract systems Cryptocontracts are the next stage in development of the blockchain environment. After the collapse of ICO and cryptocurrency forks, as well as exchanges dominance, a new branch of technology development falls on cryptocontracts. The service has already implemented several platforms to support cryptocontracts: Ethereum, Ontology, Waves. It is planned to introduce EOS, NEO, OMNI and others. 12
Multiplatformity Work with the service can be carried out through: web-client which is working steadily in all modern browsers, mobile client for Android and IOS platforms, Telegram client. It is planned to provide TOR client and process Desktop client. 13
Demo zone for testing All of the above additionally exists in the form of a demo system, as demo accounts in Forex or testnet in cryptocurrencies. Each of the presented services can be tested on test tools without fear of losing real money to study and explore the ways to work with the service. 14
Support services Additionally the system supports several services which facilitate client ʼ s work with the system. Faucet service for testnet coins distribution exists in the form of a telegram bot, web-service and integration library. Explorer allows getting open information about the state of blockchain network of Cryptonex coin. 15
R&D Cryptonex is constantly improving its services and works on schemes of cryptocurrency secure storage, develops utilities integration that facilitates deployment of services and explores the latest tendencies in blockchain development. 16
Work with legal The service operates only in a fully white zone and supports the laws of the countries where its customers work. At the moment, rules and policies of the services are set in the most universal way to comply with most popular ways of legal work in the field of blockchain services. 17
Roadmap All the above-mentioned services really exist and are put into operation. In the near future it is planned to implement the following solutions: Q3 2019 merchants and shops, connecting banks and partners, Q4 2019 Stable Coin, listing popular and technological cryptocurrencies, Q1 2020 branch system, Q2 2020 secure storage, alliance chain, hardware solutions. 18
Merchants Systems which provide shops and services for goods and services sale with the opportunity to connect cryptocurrency payment. It is proposed to work in a fully legal area. 19
Stable coin Cryptonex coin transition to a stable and adjustable asset with guaranteed payment and the price linked to one of Fiat currencies. Further sale and purchase of the system coins is possible only at a single price worldwide with a small fee. 20
Branches Source codes opening, providing full Cryptonex service to everyone. Everyone will be able to deploy a copy of the system for his/her country or organization. At the same time, the service, control, financial flows, cryptocurrency storage and other things are shifted to the service owner and the exchange between branches will be entrusted to CNX coin. All responsibility for work with the legislation of the branch ʼ s country and customer verification should also be provided by the branch owners. 21
Branches In such circumstances, Cryptonex is not responsible for the actions of uncontrolled branches. Besides, all the service income will remain in the branch itself. This will provide a ready and technological business with an easy start. Platforms for credit extension in cryptocurrency, transnational trade and investment systems and organization of isolated services become available. 22
Security and alliance chain Branches introduction will contribute to the need to guarantee users with safe storage of cryptocurrency. This stage involves development of a set of software tools for external signing of transactions and other ways to protect the customers from loss of funds as a result of illiterate actions of branch owners. It is planned to introduce mechanisms for blocking transactions with fraudulent accounts. 23
Hardware solutions It is also planned to introduce hardware protection means, as in Ledger or Trezor solutions. 24
Banks and partners At the moment, an active connection of partners providing a licensed exchange of Fiat for cryptocurrency is being connected and it is planned to connect many other systems to diversify this function. This will reduce fees when making an exchange and provide customers with the best prices. 25
Listing of popular and technologically advanced currencies Bitcoin and the oldest cryptocurrencies are already considered outdated, underdeveloped and difficult to implement and maintain. New solutions in the blockchain field become more technologically advanced and safe at a lower cost per transaction and greater speed of transfers execution. The systems with innovative consensus mechanisms, as well as the systems based on cyclic directed graphs are popular nowadays. The most popular cryptocurrencies, as well as the most innovative ones will be listed. 26
Monetization of the service (IPO, fee, support, update) Cryptonex company has no plans to support work with investors in the framework of the systems which have showed their inferiority, such as ICO, IEO and others. Only a classic joint stock association, regulated relationships and complete transparency for the owners of the service. Thus there is a transparent and clear service income scheme which consists of four parts: - profit from fees for operations with stable coin. - profit from cryptocurrency exchange fees. - profit from branch systems support. - profit from cryptocurrencies listing, payment systems connection and modifications on request. 27
Monetization of the service (IPO, fee, support, update) Since it is assumed to open the source code, the income from the service licensing is not planned. It will also allow working out better system security and maintain full transparency represented by the branches. Investors may also be interested in using the service to open their own branch network in a privileged mode. The second wave of interest in the blockchain market is planned in 2021. It is necessary to come up with the most powerful, high-tech service by that time. 28
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