CEYRON | Golos Blogs

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

ABOUT CEYRON

Ceyron is a decentralized exchange system that wants to increase the liquidity of more transparent and secure cryptographic assets than the centralized counterparts currently on the market. Ceyron is an ecosystem built and operated by popular partner networks around the world in a centralized network. Its goal is to provide a suitable financial experience all over the world using the power of block chain technology. Ceyron has a simple and sustainable transaction-based business model. Every trader makes profit from the transaction.

Ceyron Finance Ltd (hereafter “CFL”), intends to bring together financial industry expertise and revolutionary blockchain technology. CFL is disrupting two divergent worlds: Cryptocurrency, and Financial services.

www.ceyron.io will be a cryptocurrency-based investment platform with a cryptocurrency trading terminal, debit card capabilities, and offering tokens backed by secured credit assets.

Ceyron Finance Sarl (CFS), is a Limited Liability Company incorporated under the Limited Liability Companies Law, (the “Fund”), and is wholly owned by Ceyron Finance Ltd. CFL and the Fund have entered into an Operating Agreement setting out the rights and obligations of each party.

The Fund will be managed and advised by Colombus Investment Management Ltd, (the “Fund Manager”). Colombus Investment Management Ltd, is a British Virgin Islands registered as an independent alternative investment management company specializing in alternative assets and global asset allocation. The Fund Manager will be responsible for the Fund’s operations and will perform all services and activities relating to the management of the Fund’s assets, liabilities, and operations.

CEYRON AND BLOCKCHAIN TECHNOLOGY

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.

Cryptocurrency was designed as a method for decentralized transactions with value held in scarce digital goods. It appeals most strongly in societies where governments have made their currency worthless through hyper-inflation. Today, fifty percent (50%) of people globally have bank accounts. In 2014, it was sixty-two percent (62%), and cryptocurrencies are taking greater footholds among the unbanked. Cryptocurrency was designed as a method for decentralized transactions with value held in scarce digital goods. It appeals most strongly in societies where governments have made their currency worthless through hyper-inflation. Today, fifty percent (50%) of people globally have bank accounts. In 2014, it was sixty-two percent (62%), and cryptocurrencies are taking greater footholds among the unbanked.

The market for fiat currency to cryptocurrency has only been operational for a few years. Illustrative of the current level of maturity of the industry are the relatively large differences between prices in fiat currency of Bitcoin on the various major exchanges.

Blockchain technology is still young, but it has already proved its capability as an immutable ledger. Bitcoin is a purely speculative token, and its value, much like diamonds or gold, outside of industrial uses, is entirely driven by scarcity and the guarantee for the holder that this good is unique and ready for transaction.

The problem Ceyron intends to solve is summarized below.

Low banking rates
African economies are strongly liquidated and have a very poor financial footprint. Less than 10% of adults have a bank account. The market is returning with cash transactions. For example, more than 85% of trade is cash.

The highly competitive market

The mobile money environment in Africa becomes increasingly competitive. This increasing competition means that consumers have more options.

Very low usage rates

In Africa, 12% of account holders are in the world. But the rates of inclusion in the financial system are very low. The behavioral analysis of the average paying user resembles a general tendency: the withdrawal represents at least 60% of the transaction volume; peer-to-peer transactions 20%; 10% call duration, 8% payouts and 2% saving as shown below.

The debit card usage is low.

Prepaid debit cards are only used for POS (rare) shopping and services. However, CEY symbol owners have the privilege to receive annual dividends on CFL cards.

The lack of safe and precarious credits for loan applicants.

In Africa, there is a lack of credit available for most applicants. CFL intends to solve this. More specifically, the CEY symbol can be regarded as a source of income that is distributed to entrepreneurs, because it is eligible for credit.
Stable and sustainable income shortfalls for loan applicants. There is a steady and sustainable income deficit in loan applications in Africa.

Strategic Alliances

CFL’s strategic alliances are established leaders in the field of blockchain technology, finance, and banking. CFL intends to enter into a service agreement with Coinfirm.io regarding KYC/AML (Anti Money Laundering) checks for each token holder application. Ambisafe is a blockchain technology pioneer and ICO offering company helping the world become more decentralized since 2010Their work has been critical on projects such as Tether and Bitfinex. More recently Ambisafe is behind such ICO successes as. Loyal Bank is a bank registered under the laws of Saint Vincent & The Grenadines.

CFL’S Initial Coin Offering

The offer of CEY Tokens in Saint Vincent & The Grenadines is being made in reliance on the exemption under the Securities Act. The CEY Tokens offered herein (and the corresponding non-voting shares in CFL Ltd. held by the Nominee) shall not be subsequently sold to any person pursuant to another offer in Saint Vincent & The Grenadines unless the provisions of the FSA are complied with.

CFL will be providing an Offering Memorandum that will be prepared solely for use by prospective investors in CFL, to be issued by CFL. The Offering Memorandum will be prepared in connection with a private offering to accredited investors, individuals who will be required to verify their accredited investor status through a questionnaire and other necessary documentation, and other individuals globally who meet the requirements for participation in the jurisdiction in which they reside.

Ceyron (CEY) token sale and distribution

CEI symbols are functional intelligent contracts within the fund. CEY symbols are not returned. CEY symbols are not intended for speculative investment. Future performance or value will not be promised or granted in relation to CEI documents, including any promises of natural value, no commitments of current payments, and no guarantee that CEI documents will be of particular value. CEY rights are not securities and they do not accrue to the Company. CEY symbols have no rights to the company.

CEI Shares are digital markers that are issued to the investor and represent beneficial ownership interests in a separate class of shares that are not voting on Ceyron. The legal title of the Representative is provided by Loyal Agency & Trust Corp. (“LATC” or “Candidate”) is treated confidentially for iconic owners and the marketer will have a useful interest in Ceyron Finance Ltd. to have. is not included in the administration or activity of the fund or fund manager described below.

CEY Token – provides an Intelligent Contract Digital Sign representing the beneficial ownership of the non-voting shares of the CEY, which is undertaken by Loyal Agency & Trust Corp, which is entrusted with the CEY token ownership.

Token Details

Token Name: Ceyron
Token Icon: CEY
Price: 1.00 USD per CEE Token
Number of Tokens Sold: 250.000.000
Pre-ICO Sale Start: 16.2.18
Pre-ICO End: 15.3.18
Pre-ICO Discount: 30%, 25% 15%
ICO Start: 3/16/18
Soft Cap: TBA
Hard Cap: TBA
Token Sale End: Hard Cap When
Accepted Approved: BTC, ETH, LTC and USD

Use of Proceeds

The CEY Token funds will be used to provide funding for the following: