Establish on ETH blockchain
ABOUT CAPITAL SHARE TOKEN (CSTO)
CSTO tokens are ERC20 tokens based on the Ethereum blockchain and are the ubiquitous transactional tokens for the exchange of cryptocurrencies and fiat currencies. It is the token that drives each transaction, payment and service in Asia Pacific on the CSPay Platform.
CSTO Token is a unit of value of the CSPay Platform which creates to self-govern its business model and empowers the platform users to interact with its cross border mobile crypto payment services, while facilitating the distribution and sharing benefits and rewards to all the platform stakeholders.
The velocity of the CSTO Token is inversely proportional to the value of the token. It means the longer the CSTO Token holders hold the CSTOs for, the higher the price of each CSTO Token.
A thorough, well-structured and sustainable token strategy will be adopted by CSPay Platform for maintaining CSTO Token’s velocity within the Goldilocks Zone in the initial and in the long run. It will help indicate the healthiness and the strongness of the CSPay Economy which will sustainably grow CSTO’s price.
In order to ensure a healthy CSTO token economy and sustainable CSTO token value, the following CSTO token economy design with multiple token velocity altering levers will optimize the ratio of transaction volume and the time that a token holder holds a token before using it to make a transaction. It eventually builds up a new circular cross border mobile payment ecosystem which disrupting the traditional network.
CSTO Total Supply
(30th Sep 2018 ended)
|Early Bird Merchant & Consumers||1,000,000,000||10%|
|Advisory and Early Supporters||1,000,000,000||10%|
The proceeds will be used to develop the System and the supporting technology that is required to provide the speed, stability, accessibility and security for a world class cross border mobile payment platform. CSPay Platform will invest in infrastructure, data science, security and other trading functions that empower all the users to trade with privacy, confidence and security.
INVESTOR & FOUNDER
David Gerhard Demmer
CHIEF INVESTMENT OFFICER
CHIEF MARKETING OFFICER
CHIEF TECHNOLOGY OFFICER
CSTO is an ERC-20 token9 which is built upon the Ethereum10 blockchain. This specific classification of token has a fairly standardized protocol best practices which can be reviewed at length in the official ERC-20 token standard guidelines.
CSTO Ethereum contract wallet address:
CSTO was created with the following transaction:
The CSTOcreation transaction was added to the Ethereum blockchain at block
The following table of technical specifications for CSTO can be viewed and verified with the EtherScan11 tool located here:
Capital Share Token (CSTO Token) is designed to be the medium of the CSPay Platform. The CSTO Token is built on the Ethereum network and complies with the ERC-20 standard. Its value reflects user demand and the intrinsic value of products and services within CSPay Platform.
CSTO Tokens have various core utilities:~
Payment for ~
- Cross Border Mobile Payment (Consumer)
- Cross Border Payment Processing (Merchant)
- Crypto OTC Trading Service
- Crypto Cash Out Service
- Exchange of e-Voucher (to Enjoy Discount!)
- Exchange of third party crypto
- Virtual Marketing Reward
- Other Premium Services provided by the CSPay Platform
We have developed the CSWallet, CSExchange, APIs, account management app, Merchant Point of Sale (PoS) payment gateway and bring the adoption of crypto payment into the mainstream in Asia Pacific.
Industry participants (especially consumers and Wallet Users) can earn and spend CSTO Token under various way within the CSPay Platform’s ecosystem. Certain core attributes of the CSPay Platform aim to supply CSTO Tokens to consumers and users by incentivizing them for paying, sharing, trading or having good quality comment. In the meantime, merchant can obtain economical benefits in the form of CSTO Token through virtual market scheme to the consumers while using the Platform to expand its consumers basis by spending CSTO Token for conducting virtual marketing campaign. Appended is the illustration of the cyclical token economy of CSPay:~
|COMPLETED IN 2018 Q3||CSPay Platform|
|COMPLETED IN 2018 Q3||CSWallet|
|COMPLETED IN 2019 Q1||Merchant Cross Border POS (HK)|
|COMPLETED IN 2019 Q2||Merchant Cross Border POS (Japan)|
|COMPLETED IN 2019 Q1||Exchange|
|COMPLETED IN 2019 Q2||FX Partner Prepaid card|
|COMPLETED IN 2019 Q2||OTC Services|
|COMPLETED IN 2019 Q2||Buy BTC with FPS (HKD), Wechat Pay (HKD/RMB), Alipay (HKD/RMB), Line Pay (JPY), Kakao Pay (KRW)|
|COMPLETED IN 2019 Q2||BTC Cash Out Service (HKD/JPY)|
Coin offerings present a high level of risk to both the platform (as organizer) and investors. The large sums of cryptocurrencies raised during Pre-sale and ICO are an attractive target for attackers. Sensitive data collected during KYC processes adds additional risk that may deter potential investors from participating. Hence, cryptocurrency security solution that strengthens the security posture of systems used in Pre-sale, ICO and Post-ICO will be adopted. Such solution addresses many of the threats posed during a typical token sale.