Krosscoin is a consumption-based token framework that allows multiple developers and application developers to monetize effective, functional, and impressive components especially in any application running on any platform. This platform is an open platform that allows simple distribution and monetization. The adoption barriers that are usually licensed once and subscribed are removed by this monetization concept. This allows app developers to have full access and access to any application functionality. One important thing to note is increased usage, as well as monetization that benefits the creation of user experience
WHY KROSSCOIN?
Krosscoin is a very elegant concept: we build innovative apps that have a large customer base potential. We also allow third-party developer apps into our ecosystem. All apps are monetized with KSS tokens using a ‘’PAY-AS-YOU-USE’’ framework.
This allows app developers to make interesting and highly functional apps, and lets the end-consumer pay for only the functions accessed, when they access or use it.
Our first apps utilizing the Krosscoin Platform is the patent pending Pipdroid app family. Pipdroid apps lets forex and crypto traders launch and manage trading bots right from their smartphones. Imagine being able to access and launch bots to both forex broker platforms and crypto exchanges, right from your hand held device, anywhere you are!!. Join us as we revolutionize one industry after the other with our amazing applications.
Pipdroid Pearl (for MT5)
The only user-launched mobile algorithm trading platform, Pipdroid lets traders access Metatrader by launching MQL5 Expert Advisors (EAs or bots). Traders can automate trading of forex, commodities and stocks. Some transactions consume KSS.
Up to now, automated trading requires maintaining complex technical infrastructure, monthly recurring costs, plus large initial up front bot program cost. Pipdroid reduces costs significantly and offers easy, state-of-the art mobile trading at your fingertips.
Choose from over 20 brokers to run own trading algorithms, or activate one of Pipdroid’s proprietary trading bots.
Pipdroid Petal (for MT4)
The only user-launched mobile algorithm trading platform, Pipdroid lets traders access Metatrader by launching MQL4 Expert Advisors (EAs or bots). Traders can automate trading of forex, commodities and stocks. Some transactions consume KSS.
Up to now, automated trading requires maintaining complex technical infrastructure, monthly recurring costs, plus large initial up front bot program cost. Pipdroid reduces costs significantly and offers easy, state-of-the art mobile trading at your fingertips.
Choose from over 20 brokers to run own trading algorithms, or activate one of Pipdroid’s proprietary trading bots.
Ribbon
Ribbon converges text/voice/video communication with gifting using a cryptocurrency wallet. Ribbon enhances vital communications among teams, groups and family. Charity and non-profit organizations can utilize Ribbon for anonymous fundraising.
Embedded GPS navigation allows for in-person meet-ups for social or cash to crypto transactions. Social network integration can publish “ribbons” to inspire others to contribute. Ribbon can also send signed pdf/word documents and is embedded with Google Translate.
FEATURES & BENEFITS OF MAIN FACTS
Rapid application of Krosscoin requires a workable framework. To satisfy this, an open API will be available to any app developer. By using the API, any application can transact in Ethereal KSS block. Because KSS is decentralized, third party monetization intermediaries become unnecessary, while app publishers have direct access to income through blocking Ethereal KSs.
KSS ITO TIMELINE
This offer is not intended and allowed for US, China residents and any other country prohibiting participation in Initial Token Offerings
TTS Bonus (Token Turnaround Schedule)
Rationale
Depending on the success of the ITO, directly after the sale, the total token distribution will be at around 20 million KSS. Whereas Pipdroid Petal & Pipdroid Pearl, the mobile forex trading bot solutions for MT4 and MT5, are already in beta stage and will be usable on due time after the ITO by using KSS. The Pipdroid Optima solution for bot-trading crypto currencies will take a few months to hit the market. Krosscoin needs the time and money raised for installing the needed infrastructure and fulfill regulatory requirements in order to go live with Pipdroid Optima. Therefore, the utility-driven KSS demand shortly after the ITO is limited.
With increasing users, increasing functionality and increasing number of apps using KSS, the demand for KSS is expected to increase accordingly. Therefore, Krosscoin came up with the Token Turnaround Schedule (TTS) to limit token supply in accordance with the available use cases, while at the same time rewarding early adopters and HODLers. This is Krosscoin’s way of saying ‘Thank you’ to all the early supporters and ITO participants who make Pipdroid Optima and many more things to become a reality.
How it works
Approx. 1 month after the successful ITO, Krosscoin will open a smart contract, called TTS. Token holders will have 4 weeks time, the contribution period, to send KSS to this smart contract, which will lock them. All KSS ERC20 token in circulation at that time are eligible. Over a period of 12 months the TTS smart contract will deliver a certain percentage of KSS to the ETH addresses which contributed to the TTS pool.
The TTS pool will be matched with 100% of all token sent-in during the contribution period. Example: When all 20 million available KSS are sold during the ITO, and all 20 million KSS are sent to the TTS smart contract, Krosscoin will add another 20 million KSS, resulting in a pool of 40 million token locked.
After the contribution period ends, KSS will be released on a monthly basis for a total of 12 months to each contributing ETH address according to the number of token contributed. The first installment will be 24% of the amount contributed, followed by 11 rounds of 16% each, resulting in a total payout of 200%.
The TTS
- limits KSS in circulation to a healthy level, which avoids inflation and can result in a price increase over time.
- rewards early adopters and HODLers with a bonus of 100% KSS. Double your token by HODLing.
- is a very effective way of staking.
- is open and transparent, as everything is recorded on the blockchain.
- enables every contributor to still use the apps as desired with the KSS received from the monthly installments.
Remarks: The above terms of the TTS might change before the end of the contribution period. Krosscoin could decide to change the amount of matched KSS, % of distribution and duration, depending on the outcome of the token sale event, amount of KSS sent to TTS during the contribution period, or any other reasonable circumstances. The total amount of bonus given after the TTS ends may not be less than 100%.
Practical Example
KSS sent to the TTS smart contract during the contribution period: 300
KSS received after 1st month: 72
KSS received each month from month 2 until month 12: 48
Total KSS received after 12 months: 600
Summary of Krosscoin Concepts
The Krosscoin concept brings about the introduction of monetized platforms for apps. Obligations involved such as subscription licenses and adoption barriers are being phased out because of this consumption-based monetization model. To improve monetization, its use should be upgraded while providing app developers orientation to create and create user experiences.
Features associated with this model are API interfaces and payment gateways where the API interface allows for quick integration of monetization and payment gateways where users and developers make payments via a KSS token.
The products involved with this model include Pipdroid Pearl (MT5) & Pipdroid Petal (MT4) from the Pipdroid family and Ribbon. Pipdroid Pearl and Petal provide access to merchants using Metatrader by launching MQL5 & MQL4 Expert Advisors. The ribbon uses a model in which chat, text, voice and video communications are combined with gift giving using a crypto wallet. This is very effective in ensuring healthy and important communication among people and most importantly in fundraising.
Finally, there are 3 phases of ITO from the products involved in this concept with the stock time range and launch time. These are the first, two and three phases described above.
ROADMAP
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