Cremit

About:

Bitcoin was the first in the class to implement blockchain and created the inflection point in history. Looking at the investment returns given by bitcoin more and more people started investing in crypto currencies and it immediately got the limelight. People started investing in crypto currencies without proper research. Riding a BULL is easy but holding in BEAR market becomes very difficult. There has to be a trusted third party for anyone to be involved in internet business, transactions, or money transfer. However, these middlemen lack the ability to provide real time, precise traceability of monetary transactions. A better system is needed that allows cryptocurrency hedging and removes trusted middleman and empowers any two individuals to freely and securely transact. A new cryptocurrency, Cremit coin is presented herein as an insurance and banking solution provider using blockkchain technology. Cremit will provide crypto currency hedging, a zero-fee exchange, smart wallet, fixed deposit certificates and Multi crypto payment gateway for overcoming privacy and middleman issues. Cremit will be an ERC20 token and the smart contracts developed for insurance and banking solutions will be developed using ethereum platform and solidity. There will be 210Million CRMT tokens out of which Presale: 10%, ICO: 40%, Cremit Team: 10%, Future Sale: 30%, Rewards & Bonuses: 10%. In conclusion, this white paper discusses Cremit, its technological advantages, the commercial applicability, and potential for future development as well as its community-driven focus.



Intro:

Cremit coin is presented herein as an insurance and banking solution provider using blockkchain technology. Cremit will provide crypto currency hedging, a zero-fee exchange, smart wallet, fixed deposit certificates and Multi crypto payment gateway for overcoming privacy and middleman issues. Cremit will be an ERC20 token and the smart contracts developed for insurance and banking solutions will be developed using ethereum platform and solidity.



Milestones:

June 2018

Presale

July 2018

ICO Launch

September 2018

Listing Cremit on 3 major Exchange Smart Wallet Launch

December 2018

Insurance service Launch

January 2019

Upgrade mining farm

February 2019

Fixed Deposit Service Launch

June 2019

Zero Fees Web-Exchange Launch

July 2019

Multi-Crypto Payment Gateway

September 2019

Mobile App version of Exchange Launch

November 2019

Insurance integration with Exchange

January 2020

Smart Wallet integration with Exchange

April 2020

Fixed deposit solution integration with Exchange

June 2020

Explore new markets and products to form an ecosystem