CAPVERTO Exchange is a digital currency, based on a versatile utility token that greatly extends the basic advantages of cryptocurrency through a design directly addressing the needs of populations most frequently excluded from banking. It delivers a multifaceted bank-like experience, centered on a prepaid card, that is as easy to use as logging onto a fast, well-designed website.

STO/ICO Status

Status
Successful
Symbol
CAP
Start Date
2018-04-01
End Date
2019-04-29
Soft Cap
6,200,000 USD
Hard Cap
20,000,000 USD
Initial Price
2.6600 USD
Token Supply
171,375,000
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Basics

PlatformEthereum
TypeERC20
AcceptingETH, BTC, LTC, FIAT, BCH
Circulating Supply69%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

Inclusive banking systems are engines of economic growth and poverty reduction. Without access to the full spectrum of banking services, unbanked populations must resort to outlets like microcredit networks and payday lenders to fulfill their financial needs, despite the high interest rates, steep fees and limited overall flexibility of such options. The unbanked need fairer, more flexible alternatives.

Cryptocurrencies hold considerable promise in these respects. They do not require the complex infrastructure and  bureaucracy of traditionally centralized finance, nor do participants in their ICOs need to possess extensive financial histories or travel in person to any branch offices – both common barriers for unbanked individuals. Participation is often as straightforward as passing a few security verifications to open an online account, and it comes with the central benefit of fewer and lower transaction fees.

To date, digital currencies have gained traction by decentralizing and simplifying the financial tasks that once passed exclusively through traditional institutions and, in the case of payment card use, were costly because they required multiple parties to process. However, these projects have not yet specifically targeted the needs of the unbanked/underbanked.

CAPVERTO Exchange is offering an ICO targeting the unbanked/underbanked, ensuring they have opportunities to harness the unique benefits of cryptocurrency. It bridges the worlds of fiat money and cryptocurrency by combining an international prepaid card program linked to innovative banking and trading features centered on the CAP utility token.

All CAPVERTO Exchange features influence the value of CAP, meaning its price is a reflection of productive activities rather than uninformed speculation. Assets within CAPVERTO Exchange may also be protected with cryptocurrency insurance.

Team View All

Martin Horsfeldt Mathiassen
Martin Horsfeldt Mathiassen
CEO & Co-founder
René Fürster Simonsen
René Fürster Simonsen
CTO & Co-founder
Rene Meldgaard
Rene Meldgaard
CIO & Co-founder
Jesper Andersen
Jesper Andersen
Consultant
Anastasiya Voronina
Anastasiya Voronina
IT Project Manager
Sebastian Bucur
Sebastian Bucur
Business Developer