Coinerium’s CONM
token is the proposal for daily payments and transactions

Occasionally it is said that Bitcoin is a
form of value storage, a payment system or a global currency. In some ways,
confusion or disagreement is caused by Bitcoin’s ability to perform all three
functions. However, the high volatility of crypto currencies causes risk-averse
traditional investors to discard them. Coinerium‘s main
objective is to ensure that users can transfer funds on a daily basis via their
CONM token without risk of loss and in a safe environment.

The CONM token is the token created by and
for Coinerium’s objectives of transferring funds in a simple, decentralized and
secure manner. For this purpose, the risks of loss due to volatility are
eliminated by anchoring to the dollar. Therefore, each CONM is equivalent to $1
(U.S. Dollar). Today, stable tokens or stablecoins have made a dizzying
comeback. After the launch and proven utility of Tether, the crypto space
embraces the stablecoins. The advantages are remarkable, when redeeming
Bitcoins for Dollar or Euro the operations become slow and expensive; however,
with the crypto stable tokens to trade with Bitcoin against Dollar or Euro has
gained in ease, and speed.

Coinerium introduces a blockchain ecosystem
to replace cash payments; through secure and virtually zero cost transactions
in a secure environment. Next, we analyze the project that involves the CONM
token in a decentralized ecosystem of payments via blockchain.

Ecosystem features
around the CONM token

The Token format is an ERC-20 standard on the Ethereum network,
compatible with the most popular and secure network portfolios such as
Metamask, MyEtherWallet or MyCrypto among others. Cold-storage purses
compatible with the ERC-20 standard are also included. In terms of data
privacy, today there are all kinds of tools for tracing financial and other
data. With the right tool and a few clicks, anyone can easily predict our
actions on the network, from the volume of our transactions to even estimating
our approximate revenue or our most personal preferences.

The battle to guess the next product, asset, food or garment in trend is fought
on the net. This is why users or businesses may not want their transactions to
occur on a fully public or centralized platform. Total transparency can result
in a breach of the right to privacy; some data is sensitive to being written
down in chains of incorruptible and public blocks. In this respect, Coinerium
has devised an ecosystem that respects the financial privacy of users,
imitating the privacy offered by cash payments (physical exchanges of currency
or notes). The centralization of private data becomes an attack vector for
cyber-criminals; in addition to diluting trust, it can lead to misuse of third
party data.

Coinerium’s wallet is also available for mobile. In addition, connoisseurs of
the blockchain industry, a customer service support will be established.
Administrators will have public accounts for easy location by users. Focused on
the loyalty of new users by addressing problems, questions and incidents that
users may have. The process is as simple as downloading the application and
registering the telephone number.

Merchants and
retailers will have a global, fast and stable payment system

In the Coinerium ecosystem traders are
defined as companies that accept payments in CONM tokens in exchange for their
products or services. Together with individual users, they are the backbone of
decentralized communities. In this sense, market makers have their place
secured in Coinerium after an initial approval. To develop Coinereum’s cashless
community, a Software Development Kit (SDK) has been introduced. Any vendor who
downloads and configures the SDK can accept payments in CONM tokens.

Merchants will have two main categories on the platform (Standard and
Approved). Standard Merchants, which are merchants who use Coinerium only as a
payment intermediary and will not charge your Coinerium. Approved
Merchants are merchants who meet the necessary requirements. Requirements
established by the foundation to be able to charge in any currency since the
foundation, with a minimum limit of 1000 Coinerium. An average commission of 5%
will be taken by the foundation.

Details and
specifications on token distribution

The CONM token is part of the recent
category of stable tokens (Stablecoins), it has been configured so that its
value is anchored to the price of the U.S. currency. One detail that has caught
our attention is the proportion of tokens available for the acquisition of
investors, 70% of the total issue. This results in a low capitalization on the
part of the founders decentralizing the distribution to the maximum. The
minimum collection is set at $1,000,000, while the maximum is set at
$5,000,000.

ICO Starts April 30 2019

As can be seen in the documentation, (70%)
are tokens available for acquisition in the different stages (pre-sale and
initial sale). As an ERC-20 token, investors must have a compatible address for
the Ethereum network. The remaining 30% will be allocated to three groups
formed by Advisors (advisors and/or commercial), Team and Rewards/Airdrops;
each of them has been allocated 10% of the total respectively . For more
detailed information on the initial sale and the conditions of participation we
recommend reviewing the technical document. (Whitepaper).

The total amount of Coinerium in circulation
will be insured in an smart contract (150% guarantee deposit in Ethereum). As a
result of recent money laundering concerns, individual users will not be able
to collect through the foundation; they will be able to exchange the Coinerium
CONM token on exchanges. As mentioned above, only selected and approved traders
in the system will be allowed to convert their Coinerium into trust
currency. If you would like to learn more about Coinerium you can visit
the social networks or the website for more details and updates.

Coinerium
Official introduction video

Coinerium Website & Official links

Web page – https://coinerium.io/

Whitepaper – https://coinerium.io/Whitepaper_V1_EN.pdf

Coinerium
Dashboard – https://dashboard.coinerium.io

Telegram – https://t.me/coinerium

Medium – https://medium.com/@subscribes_13227

Facebook – https://www.facebook.com/coinerium

Twitter – https://twitter.com/coineriumToken

Instagram – https://www.instagram.com/coinerium/

TheBitcoinNews.com – Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.

Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.

Advertise with us : Advertise