Caratz is the first transaction proxy & cryptocurrency exchange

April 20, 2018

Caratz is a proxy transactions and cryptocurrency trading to allow for cross-platform token transfers directly through social media. It will support a series of ERC-20 tokens with Caratz and allow users to make transactions without leaving their social media applications. The Caratz platform can also be used to negotiate pairs of cryptographic currencies that are integrated into a decentralized market. A user like you or I can open a variety of social media applications (Telegram, Facebook Messenger, WhatsApp, WeChat, Discord and Twitch) and access our portfolios that support a variety of ERC-20 assets. Users can then make transactions between they or exchange currencies with other people. Suppose some people want to exchange tokens and files. With Caratz's integrated trust system, both users can review their operations before both parties confirm and submit orders. The Caratz ecosystem offers users secure and secure transactions, a big problem in the current cryptocurrency. Caratz will also have a whitelist for markets and channels to share posts and promote products. Registration is supported by the carken token, so creators can burn their tokens and users can assign tokens for credibility.

What exactly is cryptocurrency?

Cryptocurrency is a digital currency distributed similar to digital money. These are designed to be purchased, exchanged and used for various services. Although this is a completely intangible currency form without physical representation, it works on and on thousands of computers whose primary objective is to make financial transactions transparent and accessible to all. But what distinguishes this digital currency is the implementation of cryptography and decentralization. By eliminating the need for a centralized authority, it validates the transaction in a distributed manner and presents it publicly to the public ledger. This distributed network also allows quick and direct transactions between the parties that can be processed within minutes. Cryptocurrency is often referred to as a token or token resource and stored in a digital bag used to manage payments. Each wallet is protected by a private key - a special encrypted password, known only to the author. You can send or receive money by sending transactions directly from your wallet. Like money, you can spend as much money as you want, but digitally. How did Caratz fit into the big picture? All this is made easy by the Caratz platform. Cartts main strength is the ease of access that allows users to directly access portfolios and transactions through their social media applications. These include Telegram, Facebook Messenger, WhatsApp, WeChat, Discord and Twitch. Easy to integrate and use, it offers trustee functions and support for over 20 languages; Users can even negotiate via an integrated decentralized exchange for other cryptocurrencies. Other features include community-based voting for the future development of the platform, the creation of an online market and the list of whitelists for crowdsourcing. exchange.

Users can use an internal Caratz Exchange for such ERC-20 business partners as CRTZ / ETH without leaving their applications on social media. The Caratz Exchange offers an ETH cancellation fee of 0.003 ETH and an unlimited 0.100% withdrawal fee. Users participated in the vote led by Caratz to introduce further commercial floods in the monthly surveys of the Caratz community.

Escrows

Escrows are contracts in which funds are assigned to control an independent third party and licensed to protect buyers and sellers in a transaction. Users can send requests to other wallets for exchange of funds or information. After reviewing the offer, the selected party will respond. There are about 30,000 cybercrime victims who lost Ethereum averaging $ 7,500 each launch. These statistics continue to increase every year. Scam artists and thieves are rampant in today's cryptocurrency communities because of the lack of formal regulation and solutions to address this issue.

Token Sales and Distribution

Caratz is the main token that will be used by exchanges and platform transactions. A fixed number of 125MM Token Caratz will be issued, with 20MM suspended until 2019. Caratz will be run naturally on the Ethereum blockchain as the ERC-20 token.

125MM Token caratz will be made in total. Of this amount, 25MM will be locked until 2019 for developers, with another 5MM reserved to cover operational costs and funding for development and promoters. 95MM Token caratz will be distributed for the use of platforms in the following order: First, during Personal Sale, 20 MM will be sold to private investors. Then, 25MM will be sold in Pre-Token Sale, where the referral program will be launched. Users will receive a gift to refer others to Caratz, driving the growth of the user base. Following Sales PreToken, a 25MM token will be sold in Token Sales, when users will be given the ability to trade Caratz tokens. Finally, the 25MM token will be flown to Caratz account holders. Any tokens that are not purchased during Token Sales will immediately sell OTC through the Caratz platform by doubling the price of the Token Sell.