The decentralized commodities trading platform will significantly transform international physical commodity trading across its whole product life cycle.
13 July, 2018 - Arkratos Blockchain Solutions officially announces the launch of ICO Pre-sale for its flagship product KRATOS, capped at USD 55 Million. 80,000,000 tokens are available during the Pre-Sale supply and all the tokens purchased during this period will be applicable for a discount of 20%.
Token utilization will be for Token Curated Registry (TCR) process of trades submitted to the KRATOS platform. Trades submitted on the platform for trade finance will be curated by token holders. The output of this curation process will be a list of high-quality trades, which will represent a subset of trades that may not otherwise receive financing.
KRATOS- A decentralized commodities trading platform, significantly transforms and enhances international physical commodity trading across its whole product life cycle. Commodity trading challenges include insufficient trust, manual documentation, and unnecessary intermediaries. These problems often result in significant time-delays and high cost. KRATOS is an Ethereum-based platform that employs Blockchain Technology and Smart Contracts to address these challenges. As a result, KRATOS platform delivers better transparency, higher efficiency, and less complexity than any other existing system. The use of this platform would result in more timely deliveries and lower cost.
According to Arkratos' Anchor Investor, Mr. Srinivas Koneru, “This concept will protect buyers, sellers, traders, banks, insurance agents and shippers from various types of fraud & scandals seen in the international commodities trading processes.”
The founders of Arkratos have operations in various countries across Asia, Europe and Africa, with over US$ 230 million paid-up capital and over $2 billion consolidated revenue. The founding team has a combined experience of 100 years in the field of commodities trading. The company has eminent advisors from various industries such as commodities trading, shipping, banking, insurance etc.
Powered by Blockchain, KRATOS has a huge potential to revolutionize the commodities trading process. Now that MVP is ready, the company is raising funds for further development of the product as per the planned roadmap.
People interested about the pre-sale can learn more about it in Arkratos’ telegram group: