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Cryptonex

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Global Blockchain Acquiring

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Team:

Pavel Kalinin - Founder & Managing Director

Lina Kai - PR Director

Andrey Ershov - Executive Director

Max Tennant - Technical Director

Igor Litvinenko - Team Leader

Dmitry Palaguta - C++ Programer

Cryptonex is a global, decentralized new generation cryptocurrency. It is created on its own blockchain platform. The main goal is to offer the opportunity to exchange any world's currencies for any cryptocurrencies and tokens, buy goods and services using mobile phones and payment cards instantly, with minimum commission. We consider 210,000,000 coins to be optimal and maximum possible number of coins. 85,000,000 CNX will be emitted for free circulation via pre-sale, the website and exchanges. 15,000,000 CNX will be used for Bounty Program. More. The Cryptonex team owns 5,000,000 CNX. In the amount of about 100,000,000 CNX the cryptocurrency will provide liquidity while acquiring.

Expert Review

TokenTops
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3.8 out of 5

Cryptonex is a decentralized new generation cryptocurrency created on its own blockchain and it aims to provide the opportunity to exchange any fiat currencies for cryptocurrencies or tokens, use it to buy goods or as a mode of payment. They offer their services in a P2P model, where the cryptocurrency purchase and sale takes place between people, in which Cryptonex is a transaction guarantor. Cryptonex offers its users to get profit with the help of PoS mining. The profit is 12% annually with the addition of commissions from the transactions the wallet will confirm. CNX price growth is not included in the income. To get the reward from mining, one needs to register a web wallet, buy CNX coins, transfer the coins to the desktop wallet and keep it online as long as possible. The team consists of members who are international finance investors and has great technical and advisor staff so the team evaluation is positive. They have kept the web design as simple as possible and is user-friendly. The roadmap seems practical and the whitepaper is well presented.

User Review

Write review 3 reviews
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Indu0204 may 2018, 12:24

Basically, it aims to be a global cryptocurrency blockchain platform which I personally think is not needed currently and is not a great idea. The team has experienced and the web design is also great which shows their professionalism but I think it won't be able to get sufficient investors and community members solely because of its concept not being that great. I just think there are simply better projects to invest in and to buy tokens to use.

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Sequence19 march 2018, 01:49

I agree with a previous reviewer on the fact that having your own blockchain certainly speaks of team skills. Starting with an ICO right now, well not RIGHT now because of market decline, but in general, a 14-year-old with a laptop can write a WP and start a ERC-20 token. As for the bounty campaign mention, idk if we are talking about the same one, but the one I knew was really simple. Post a material about em - get a stake. Post with a link - get two stakes.

Cryptonex aims to create a system that will allow exchanging any fiat currency for any supported cryptocurrency, exchanging between any two given cryptocurrencies, and, in the future, to pay for virtually anything with a mobile app or credit cards of partner banks. And the last part is the thing I'm most excited about for it should contribute to mass cryptocurrency adoption big-time. The project has the real - world use case with the potential for mass-adoption here, but what are the guarantees that banks and payment systems, some of which admit financing mass-media campaigns against cryptocurrencies would join forces with a blockchain related project? Well, Cryptonex mentioned they are going to buy a bank, but is that really going to happen?

With that said, a lot of projects nowadays have huge things planned, so let's look at what they've already achieved. Out of curiosity, I've registered on their platform in order to try it out, and, as far as I understand, all it does is allow you to exchange your CNX directly to GBP, EUR, USD, BRL, RUB. deposit on the platform without commissions, and later perform transactions and withdrawals. It sort of resembles the ordinary exchanges we're all used to, but with the addition of fiat trading pairs other than USD. If this platform adds support for more currencies, some people may start using it. Imagine you got a crypto-cart that is bound with your account, on which there are like 50 different coins/tokens and when you're actually buying stuff you can choose for the funds to be taken in equal portions from all cryptos, or to pay with a specific currency, or a bunch of them etc., and then they'll be converted to $ instantly and with minimal fees, or without fees at all. I'm just imagining and taking wild guesses here, but Cryptonex is really going to be big given that they keep up the good work with the development, of course, and that looks like a challenging thing to accomplish, especially so considering all the things in the Roadmap. There sure are some downright crazy moments in their plans, like purchasing a functioning bank, good luck with that, lol, but all in all, I do believe that their idea can be pulled off, not without narrowing the scope though. A lazy writer may call Cryptonex a "blockchain bank" without going to much in the details, when in fact it's rather a system which aims to make payments with cryptocurrency a part of our daily life. The back-n-forth exchange rates are the same, which means they are not getting any profit the way the banks do.

As for the current progress, they seem to be following the development schedule just right with recent announcements of close releases of mobile app and p2p platforms, the development of their mobile wallet and start of work on the hardware wallets. Cryptonex supports POW Script mining, but makes accent on POS mining, starting off with which is stupid-easy and it brings some juicy profits. I'm not sure how it's implementerd and cant really go into the details here for I am by no means a blockchain/security expert, but it seems to guarantee fast transaction time, while maintaining the tip level of security. I haven't tried Script mining, but I did try POS one, (Also it has taken awhile for the first reward to come because the number of coins in my wallet wasn't that big) it works alright, and I haven't seen anyone on the web addressing any issues regarding it as well. 12% annually is a good profit, not crazy big, but when you consider the price-growth over time it becomes even more appealing. I think this project has a great long-term perspective, but everything is strongly dependant on how the development proceeds. They seem to be doing ok so far, though marketing can certainly use some work.

Thus far my experience with this project has been only positive. So positive, in fact, that It's one of my favs now. Not much hype around a project, no fuss, but steady and constant development.

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Tissue is the issue16 september 2017, 17:40

What I find interesting for sure, is the fact that they are developing their own blockchain and are not basing themselves and only deploying a token like many other projects. That's for sure a big advantage in terms of the programming and developing skills. It shows that they team knows what they are doing. Their main aim is to make it possible for the people to exchange any world's currency for any cryptocurrency or token. They also have a very interesting bounty campaign to encourage users in supporting and spreading the information to other people. Very good thing to encourage users in being active and create sort of a community.

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