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Credits Project and ICO Summary

![ezgif-1-7745df786e.gif](https://steemitimages.com/DQmNedHWHpDNzSDFNYBFvekUv7EfM6xfhDcKPqjw7biNN2E/ezgif-1-7745df786e.gif)
[CREDITS](https://credits.com) is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry.

+Minimum viable product (MVP) you can test here - https://credits.com/en/wallets/login
+The Alpha version is ahead of schedule and is expected to be released in January 2018, prior to the ICO. The full release will be approximately four months later.

General

CREDITS platform is the first completely autonomous blockchain system. The platform offers a new, extended application programming interface (API) that utilizes a Turing system capable of creating services using cycles, schedules, and unique functions. No other platform offers smart contract execution speeds near those of CREDITS. In addition, the CREDITS platform can function completely autonomously and without the need for external systems participation. Accordingly, CREDITS is fundamentally differentiated from any other current blockchain platforms.
The CREDITS blockchain platform can be applied in all areas of the economy, where high level of data security, fast data processing and automation of business processes are required. (financial institutions, insurance companies, payment services, exchanges, iot...)

Advantages

output_kARsZM.gif HIGH VOLUME
More than 1,000,000 transactions per second, with future scalability to 10,000,000 per second

output_R5fHfD.gif LIGHTNING-FAST PROCESSING TIMES
As little as about 0.01 seconds per transaction

output_5vGk0e.gif INEXPENSIVE TRANSACTION FEES
As low as 0.001 USD per transaction

output_pDQKmR.gif SMART CONTRACTS CAPABILITIES
New, advanced functionalities with developer-friendly interface and programmability

Comparation with bitcoin and etherium

Features CREDITS (CS) Bitcoin (BTC) Ethereum (ETH)
Registry type blockchain + DLT classic blockchain classic blockchain
Decentralized nodes Yes Yes Yes
Block Size Dynamic 1 Mb Dynamic
Consensus Algorithm DPoS + BFT Proof of Work Proof of Work
Flexible configured blockchain Yes No No
Coins CREDITS (CS) Bitcoin (BTC) Ethereum (ETH)
Blockchain type Public Public Public
Turing-complete code for developing smart contracts Java language Non-systematic Solidity. Not complete, restricted.
Decision Making Process BFT Non-systematic Non-systematic
Crypto algorithm Symmetric-key algorithm + Asymmetric-key algorithm Asymmetric-key algorithm Asymmetric-key algorithm
Using third-party systems Yes No No
Smart contacts Yes No Yes
Allowed to create own application Yes Yes, but very difficult Yes
API Yes No Yes

Roadmap

  • January 2017
    • Development of White paper
  • October 2017
    • MVP Launch; Pre-Sale
  • January 2018
    • Issue Alpha Version; First Users
  • February 2018
    • ICO Launch; Placement on exchanges
  • March 2018
    • Issue Beta Version
  • June 2018
    • Release; New services
      stage.jpg

Advisors

Nitin Gaur
Director at IBM Blockchain Labs Austin, USA

Michael Kapilkov
Blockchain Advisement New York

Kyle Wang
Senior Consultant IBM Cleveland, USA

Christophe Ozcan
Blockchain technical - Expert France CEO & Co-founder at Crypto4All, Blockchain Ecosystem Advisor at Rockchain

Token​ ​sale

Credits plans to raise between 15 and 20 million USD during the Pre-ICO and ICO.
The company will only have access to 50% of the funds collected (max 7-10 million USD) during the first half of 2018. These funds will be used for development and marketing. Unspent funds will be unlocked after the full release of the platform.

ICO dates Feb 01st 2018 - Feb 28th 2018
Soft cap $15 mln USD
Hard cap $20 mln USD
Tokens caount 1 000 000 000
Price 1 ETH = 5000 CS (CREDITS)
The minimum payment 0.01 ETH;

Token allocation

Untitled.png

Contacts

Website: https://credits.com/en/home/ico
Whitepaper: https://credits.com/Content/Docs/CREDITSdeckENG.pdf
Technical Whitepaper: https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
Bitcointalk Announcement: https://bitcointalk.org/index.php?topic=2401248
Telegram - https://t.me/creditscom
Twitter - https://twitter.com/creditscom


My Account BTT : https://bitcointalk.org/index.php?action=profile;u=1418963

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