Kratos ICO Review -Decentralized Physical Commodities Trade on Blockchain
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. KRATOS has developed a Token Curated Registry process for 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. It would be difficult for others to compete with Arkratos since it already has a functional MVP and has secured commitments for the use of its platform from multiple global commodities trading firms.
OFFICIAL YOUTUBE PRESENTATION
Enter KRATOS — a decentralized Ethereum based commodity trading platform that uses blockchain and smart contracts to transform the physical commodity trading market. With KRATOS, trading becomes, trustless, faster and more efficient!
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.
ICO Rating
THE PROBLEM
Today trading of physical commodities is a complicated process that involves several intermediaries and complicated documentation, requiring thorough quality checks that often yield insufficient results, creating a lack of trust in the market. In the end, the commodity trading process becomes much lengthier and more costly than it has to be.
KRATOS VISION
FEATURES
KRATOS has developed a Token Curated Registry process for 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.
TOKEN DISTRIBUTION
Platform Development = 50%
Sale & Marketing = 18%
Risk & Compliance = 6%
Operations = 21%
Legal & Audit = 5%
ROADMAP
Oct 2018
TCR & Risk Management Module
Dec 2018
Finance Module
Mar 2019
HR & Admin Module
Sep 2019
Logistics Module
Dec 2019
KRATOS ERP
TEAM
KRATOS IN THE NEWS
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