Kuverit (KUV)

Kuverit P2P Guarantee Platform is a blockchain-based Multi-Trader Marketplace, which is designed to protect its users from the potential of a financial loss in any two-way transaction. There are 3 main features of the platform in order to provide protection for the parties that are involved in a P2P transaction. First of them is the “P2P Guarantee Trading”, in which a guarantor provides guarantees for amounts up to $5,000. In case a user needs to guarantee a higher amount, then the second feature of the platform, which is the “Co-Op Guarantee Pool” comes into play. This feature helps to spread the risk across multiple Stakers/Guarantors, which can be useful for businesses and large deals. The third feature of the platform is the “Niche Protection Pool”, which can be used for securing anything that has a potential community and needs to be financially protected.

There are Guarantors on the platform, who make sure both sides will receive their funds, and all claims are validated by objective voters and auditors. The most important mechanism of this system is the reputation score of the users on the platform. This reputation score is divided into two parts: Baseline Reputation Score (BRS) and Social Circle Score (SCS), which can be improved by receiving positive feedback, performing KYC, having diligent and reliable referrals, etc. The platform will also use some fraud protection techniques in order to prevent malicious contractors and clients from working together to create false claims on purpose. The platform’s ERC-20 based token, KUV, will be used to acquire different roles on the platform. There is also a Multi-Level Affiliate Reward Structure, which rewards the active participants of the platform.

Kuverit will be working with a licensed brokerage called FX NextGen Limited and all the contributions and funding will be held in Escrow until the Kuverit Marketplace is delivered. Founder and team tokens will also be locked and will be gradually released over a period of 36 months. Again, the distribution of the founder and team tokens will not start until the marketplace is live and operational.

The Kuverit Business Development team aims to negotiate with established platforms—like eBay, Amazon, Gumtree, and Airbnb, to name a few—for integrated partnerships and collaboration. Kuverit also aims to present a user-friendly interface in order to serve the needs of both the crypto savvy and non-crypto savvy users to bring mass adoption by their user base.

? Token-information:

Token Name:  KUV
Token Type:    ERC20 - Ethereum 
Soft Cap : $5,000,000
Hard Cap: $15,000,000

?  Kuverit will be carrying out an IEO at ProBit Exchange between the 10th of October, 2019 - 11th of October, 2019. Users, who would like to participate in the Kuverit IEO, need to register an account on ProBit Exchange

?  The details of the IEO Sale are as follows:

IEO Start Date:   10/10/2019 (06:00 GMT+3)
IEO Finish Date: 11/10/2019 (06:00 GMT+3)
IEO Price:        $0.008
Payments can be made with PROB (with a 55% bonus) or with USDT, BTC, ETH and XRP (with a 50% bonus).

 ◼️ Always do your own research and due diligence when considering your participation in any blockchain project.