DENARO ICO

5 million adults remain unbanked in Britain today. That’s 2.3% of UK’s population. Doesn’t seem much? That’s because globally, the UK is ranked ninth in the world in terms of banking inclusion by the World Bank. Let’s look at a world-wide scale — around 2 billion adults worldwide do not hold accounts at formal financial institutions. And out of this, more than 20% of unbanked adults receive wages or government transfers in cash, and many people in developing countries pay bills and school fees in cash. This can cause numerous issues. The firm paying in wages do not pay taxes and can even cheat the employee by claiming they don’t pay him. There is no record. Developing countries have this as one of their biggest issues. Financial inclusion means belonging to a modern financial system that is fit-for-purpose, regardless of their income, which is not the case in developing countries.

Increase financial inclusion is one of the key components to eliminate world poverty. The issue of liquidity continues to hold back most FinTech firms who try to solve this issue, but using the strengths of blockchain technology, Denaro has arrived at a solution. Denaro is a multi-currency debit card platform that helps customers to access, store, and spend their cryptocurrencies like any other debit card. The blockchain-based platform helps customers to seamlessly utilize their cryptos for their daily activities with lightning speeds and security. Denaro targets two main users in their platform:

Merchants

Receive payments in BTC, ETH, or DNO through customizable SCI/APIs through a web wallet. Conversion to any other cryptos are instant and payments in fiat are accepted. For traders with high volume, there is a huge incentive as discounts and bonuses are available for transactions over $500,000.

Customers

Using just a single user interface and a debit card, you can store and spend online or offline. No additional fees are required and similar to traders with high volume, customers with high volume can get personalized debit-card designs.

Denaro wants to make crypto payments easy and cheap. The objective is not just to revolutionize, but help the people in developing countries to use a fast and secure way of payment.

Preview of the Denaro debit card

Token Sale

Token Sale Progress as of 26th Feb

Token Sale is progressing very well. Almost half of the hard cap has been reacher with Denaro raising 8.5m USD as of 26th Feb. Be quick to invest!

Token DNO

Price 1 ETH = 3,000 DNO

Bounty Available

Platform Ethereum

Accepting ETH, USD

Minimum investment $10

Country UK

Conclusion

There is a huge market for people, especially in developing countries to have a fast and secure way of money transactions. Liquidity, Security and Storage are main issues which hindered in these countries and those 3 core values are being provided by Denaro. It’s seamless payment system needs to have a good team to implement and good awareness so it hits these big markets. The first area they have it covered, the second is the biggest challenge and that remains to be seen.

A cryptocurrency wallet stores the public and private keys which can be used to receive or spend the cryptocurrency. A wallet can contain multiple public and private key pairs.As of January 2018, there are over thirteen hundred cryptocurrencies; the first and best known is bitcoin. The cryptocurrency itself is not in the wallet. In case of bitcoin and cryptocurrencies derived from it, the cryptocurrency is decentrally stored and maintained in a publicly available ledger. Every piece of cryptocurrency has a private key. With the private key, it is possible to write in the public ledger, effectively spending the associated cryptocurrency. Most coins have an official wallet or a few officially recommended third-party wallets. In order to use any cryptocurrency, you will need to use a cryptocurrency wallet.

Denaro is a versatile payment solution that enable users to store, spend, and transfer their cryptocurrencies on an intuitive interface and debit card that addresses crypto’s number one problem — physically spending it.

Denaro seamless payment ecosystem bridges the divide between cryptocurrencies and the mainstream market. The platform enables companies and individuals to send, spend, store, and exchange cryptos and fiat through secure web wallets, physical debit cards, merchant payment terminals, and IBAN. Utilising Denaro’s multi-cryptocurrency wallet, you no longer need multiple addresses. Not only does it allow you to receive and store multiple cryptocurrencies under one address, it also allows you to spend them at any ATM or store. Denaro has developed secure and customizable SCI/APIs for merchant services that will facilitate the payments of goods and services online or offline using a web wallet or a physical debit card respectively. The hand-picked Denaro team are a collective powerhouse of blockchain enthusiasts and are tenured specialists in each of their respective areas of expertise. Their skills and attributes work cohesively toward their commitment to delivering a solution that will act as a cornerstone in cryptocurrency development and change the world for the better.

All transactions made to/from the Denaro wallet are protected using cryptographic encryption, offering advanced fraud protection, significantly reduced transaction fees and privacy. Denaro doesn’t just provide an online payment channel. You can also load your BTC, ETH and DNO onto a physical Denaro debit card to use your crypto in millions of stores and ATMs worldwide.

BONUS DENARO :

Denaro will be rewarding early contributors/investors and community participation with a generous bonus-and-referral commission system. The bonus system rewards early contributions based on tokens sold in our pre-sale and main-sale events, while the referral side of the commission system issues community members with 5% of every purchase made by their referral(s). The pre-sale bonus system consists of a 25% bonus for investors contributing. It lasts the entire duration of the pre-sale — 7 days.

The public/main-sale bonus system consists of a 25% bonus for the first 15 million tokens sold, 10% for the following 20 million tokens sold, 5% for the next 25 million tokens sold and then no bonus for the final 5 million tokens sold. There are 65 million tokens in total to be sold during the public sale.

Team :

Other details

Website : https://denaro.io/

Whitepaper : https://denaro.io/docs/Denaro_Whitepaper.pdf

Btalk ANN: https://bitcointalk.org/index.php?topic=2833302.0