CrypTollBooth (CTB) - Project information:
CrypTollBooth Token is a Security Token that proposes to share profits from the CTB platform’s various trading activities including exchange, wallet fees, and ATM transaction fees with its investors. In a radical departure from the conventional cryptocurrency exchange model, the CTB platform aims to become the first decentralized exchange designed to protect the interests of investors and traders first and foremost. CTB is the first exchange to allow users to buy and trade more than ten cryptocurrency tokens to and from any fiat currency around the world. This means that CTB users will be able to take part in the market without having to purchase so-called “hard currency”, i.e. globally popular fiat like the US Dollar (USD), British Pound (GBP) or the Euro (EUR). Using their own locally available fiat, they will be able to pay into the CTB platform directly and engage the market without that regular bottleneck. The CTB platform wallet will enable purchase as well as sale of those currencies to the platform at market value. Funds received from CTB can be withdrawn directly to users’ banks, PayPal accounts, and many more. In addition to these operational advantages in the exchange process, CTB also has a partnership with a leading supplier of Bitcoin & Altcoin ATMs, which enable users to directly convert their cryptocurrency to fiat and withdraw cash for a small fee. This constitutes an added stream of revenue for the platform, which will then pay a percentage of its profits to its investors and stakeholders. The vision of CTB is to become recognized globally as a one-stop shop for all cryptocurrency investors, buyers, sellers, traders, and holders. This will be achieved by making use of a business model that is able to offer users reduced fees by carrying out all functions in one place. CTB is built on the Ethereum blockchain, where all transactions are made using smart contracts and blockchain verification. In addition, the CTB exchanges and wallets are built on dedicated servers, which are backed up to cloud servers instantly.