Platform

Platform

Konios Economy

Most of the global population lacks a platform where you can participate in the world of crypto
without a bank. This hurdle excludes a huge mass of people who actually wants join. The crypto community is known for its openness to newcomers. It supports you at the start and with countless videos and documents, it helps you to master the entry and dive in successfully.
The first phase of the Konios project is dedicated to bringing as many people as possible into the crypto boat. The added value for the crypto community from many new users means stability and confidence in the technology. This natural supply into the still young system enables healthy growth and strengthens the foundation of the crypto movement.

Newspapers, TV and radio will produce fewer negative headlines, as the interest of their readers, viewers or listeners will no longer be negative. By taking the first step with the F2F transactions, opinions are no longer "produced", but they evolve through the acquisition of knowledge and active exchange with local people. The influence of external forces such as the media, for example, is deprived of the breeding ground for devaluations and replaced by knowledge.
Our transformation to decentralization not only enables direct communication between people, but also the technological connection of machines and means of payment. The numerous and still rapidly growing number of cryptocurrencies are strongly influenced positively in this adjustment. Access to the areas in which the underlying technology specializes can develop and establish itself independently of the Top 5. The Konios platform lays the foundation stone.

We also include the current figures in the comparison to show the potential for the Konios platform. The market capitalization of cryptocurrencies is still very low compared to common means of payment such as USD and EUR (hereinafter referred to as "FIAT").

The following is a market capitalization comparison of the crypto and FIAT currencies:

Platform User

The users are the heart of the platform. The value of an idea is determined by the interest of its users. The reward system integrated in the platform rewards users for their activities. For example, if the user has carried out a transaction, the experience with the exchange partner becomes valuable for the next exchange partner through the rating. The user contribution individually increases platform security. This contribution is also taken into account in the reward system. In addition to the possibility for natural persons, Konios also offers verified companies the opportunity to participate in the Konios platform. The companies, i. e. the bodies authorized to sign, must be fully verified. With such F2F transactions, security steps can be omitted due to verification, and costs can be saved for the company. In addition, verified companies can act as a secure checkpoint for other F2F transactions and receive KON-Tokens as reimbursement.

Secondary income as validator

In addition to the electronic security steps in the course of a transaction, a further verification can be called in at the request of a user, this function is taken over by the validator. A real person verified by the Konios platform (complete verification) participates in the transactions. The validators have a lot of experience, can assess the situation and, in the interest of both parties, can also confirm very high transactions. The validation fee is to be paid directly on site by the buyer. The amount will vary depending on the transaction amount and the country in which the transaction will be executed. For example, approximately EUR 50.00 of costs for the validator are incurred for a transaction in Germany with an exchange volume of USD 30,000. The amount and currency depend on the country of residence. In this way, local people on the Konios platform can earn an additional income as a validator.

An example of the validator in action:
Assuming the user has 3 BTC and wants to change into cash. Since the exchange rate is 15'000 USD/BTC, the transaction volume is USD 45'000.00. The exchange partner offering the desired cash amount is inexperienced and does not have a high user level on the Konios platform. In this case the buyer decides to use a validator.

The validator accompanies the transaction and serves as an interface for questions and uncertainties. Further advantages for the exchange partners are also locations. Since it is not advisable to choose flats or non-public places as trading places, the inclusion of a validator offers more locations that can be used for a transaction. The validator is subject to strict requirements and is regularly checked in detail.

The validator has a "Validator Pass" on its Konios profile. The unique identification code contained therein is scanned by both exchange partners. The buyer and seller will then be able to identify the validator on their phone. Thus, it is impossible for a stranger to impersonate a validator. The identification codes are newly created for each transaction and contain the transaction inputs in coded form.

WhitePaper(ENG): https://drive.google.com/file/d/1Nf6o1WJooXwv8KCe6vxxqoqmQFpIcMY1/view
Website: https://konios.com/