The Nauticus Initial Coin Offering is the first step in the company’s bold vision for six global banking and eCommerce solutions utilizing blockchain technology.
Unlike most new cryptocurrencies, ICO backers will be able to use and trade their Nauticus Coins immediately on the new Nauticus cryptocurrency and fiat exchange.
Around $30 billion USD worth of cryptocurrencies are traded each day. This figure will only grow into the future and yet there are only around 170 active cryptocurrency exchange platforms taking advantage of this explosive growth worldwide.
The Nauticus Exchange is the final stages of development and is due to open in mid-2018. When it opens it will offer 100 crypto and six fiat currencies (USD, EUR, JPY, HKD, AUD and ZAR).
Within 12 months the exchange will offer 300 cryptocurrencies ̶ exponentially more than most other exchanges. Nauticus will also offer 16 fiat currencies.
Nauticus is also establishing a sustainable blockchain mining center that will provide revenue, and a sizeable amount of server capacity to ensure ultra-fast processing for all users of Nauticus services. The center will use renewable energy.
Profits will be reinvested in the business to support the development of a low-cost eCommerce marketplace, along with merchant and peer-to-peer payment options. These new platforms will be underpinned by the Nauticus Coin, Exchange, Mobile App and Wallet.
The company will also offer Know Your Customer (KYC) verification and create an ICO community, which will provide resources and services for new ICOs as well as a quality verification system.