Credits.com - Technical Token For All Countries, Buy Ico With No Gas War (Feb 15)

[henry8693]

https://credits.com/en
Current 20K on Telegram

1) How I can participate in this ICO?
- To participate in Credits ICO you need to send request for whitelist on website.

2) When does the ICO start?
- 15.Feb, 00:00 UTC

3) What is the total token supply?
- 1.000.000.000 (CS tokens). (1B)

4) How is the token allocated?
- ICO - 60%; bounty - 2%; bug bounty - 2%; founders - 15%; advisors - 1%; operation - 20%.

5) What will be price during ICO?
- ETH = 5000 CS.

6) Are there any bonuses for ICO?
- No there is none.

7) Min/max contribution?
- Min 0.01 ETH. Maximum amount is not yet determined, more info will come soon

Note: When you set your target purchase, it cannot be changed!

8) When will credits be on exchanges?
- End of Feb/beginning of March.

10) When I will receive tokens / When are tokens distributed?
- You get the tokens at once your ETH transaction gets verified

11) Is there KYC?
- Only for contributions higher than 10 ETH

12) Are there any restrictions in participation for US citizens?
- Credits are approved to selling to citizens of all countries. We have received the legal opinion from Singapore and USA that CS is a technical (utility) token.

13) Hardcap?
- 20M $

14)If there are 600M tokens for sale how can the hardcap be $20M? // How will the token burn work?
- 20M $ is hardcap, the rate is static 1 ETH = 5000 CS, We have 60% of tokens for sale (600M CS). As you see the hardcap will be reached without all the ICO tokens getting sold. These tokens will get burned. The tokens left will be the new 60% and rest of the tokens will be allocated and burned accordingly.

15) How can I raise/contribute more ETH? // How can i change my contribution?
- Cant change it right now. If you would like to change the ETH address email: @botsotrm @whitelistsupport

16) How many days to get verified? // How long does it take to get verified and can you speed it up?
- __PM @botstorm if you have been waiting longer than 5 days

17) I didn't get any confirmation email?
- Sometimes the emails do not get sent, please log in to credits.com and check whitelist status.

18) How can I check my whitelist status?
- Log in to credits.com, go to your profile, you should see a text in green: Registered for whitelist

19) Can i contribute more/less than what I wrote?
- At the moment you can only contribute less

20) When will alpha/github code be released?
- Alpha and part of source alpha will be released before ICO

21) I can´t log in?
- Please use another browser or try to delete cookies

[henry8693]

Share info:
Achain claims they can do 1000 transaction/second.

The employees in mcdonalds can process 1 transaction per 5 minutes.
Max Diffenbakh:
For example,
1.Visa: 24,000 per sec
2.Ripple (CCC: XRP-USD): 1,500 per sec
3.PayPal: 193 per sec
4.Bitcoin Cash (CCC: BCH-USD): 60 per sec
5.Litecoin (CCC: LTC-USD): 56 per sec
6.Dash (CCC: DASH-USD): 48 per sec
7.Ethereum (CCC: ETH-USD): 20 per sec
8.Bitcoin (CCC: BTC-USD): 7 per sec
9.Credits Alpha offers 200.000 (min) per sec

[henry8693]

Adam:
So if credits is a platform?
Who is going to put tokens on it?
Icos?


Or banks to send money?


Max Diffenbakh:
CREDITS platform is a decentralized financial system for the direct interaction between participants on peer-to-peer (P2P) principles. The platform expands the potential of using financial services on the basis of a distributed ledger, self-executing smart contracts, and CREDITS cryptocurrency. The system is aimed to unite all participants on one site, providing them with a platform for creating and using financial services; where everyone can both offer a service and use it. What financial companies will use it? Money transfers, currency and value exchanges, crediting, funding and other services directly between participants. You can find more info on http://credits.com/

Max Diffenbakh:

TYPES OF COMPANIES
Banks - 20%
Payments, document circulation, loans,
deposits, etc.
Payments and transfers- 25%
P2p payments, cross-border transfers,
payment for purchases
Financial companies- 20%
Clearing, cryptocurrency exchanges,
stock and bond exchanges
Financial services - 15%
Loans, deposits, letters of credit, etc.
Internet of things - 5%
Blockchain-based projects and services
Others - 15%
Users and Services