The Kuverit Network and Application is the first of its kind, allowing any person to person transaction be fully guaranteed and backed. Fraud is global epidemic and with the rise of the internet, and ecommerce person to person transactions are becoming more common, resulting in more Fraud. Kuverit is looking to eliminate fraud through a network of guarantors, that will back service or product providers to insure their customers that they will be providing the service or product as stated. This decentralized network will be ran through a community of application users, who can contribute to the network in multiple ways, staking Kuverit tokens to participate in the differing contribution roles. Kuverit is in pre-sale ICO stage, but is doing things much different that other ICOS. Kuverit has a licensed broker to handle all ICO contributions, no institutional investment in presales from VCs, and the community will have a say in the direction of the company. Today, I break down the application, how it works, and the things that set Kuverit ICO apart from others.
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Kuverit Website & Participate In Presale
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⏰ Time Stamps ⏰
00:08 Fraud Is A Worldwide Epidemic
01:01 Kuverit Is Aiming To Combat P2P Transaction Fraud
01:29 Kuverit Application Secures Two Way Transactions
01:53 Types of Users Within The Application
02:15 How Clients Request A Backing By A Guarantor
02:47 Baseline Reputation Scores & Social Circle Scores
04:48 Co-Op Pools
05:04 How To Become A Guarantor & Staking Requirements
05:52 Real World Scenario Using The Kuverit App
07:27 How Claims Work Within The Application
08:32 The Technology Behind The Kuverit Network & Application
09:06 The Kuverit Presale & ICO
09:39 Kuverit Is Using Licensed Broker For The ICO (Escrow)
10:06 The Community Votes For 2 Non Executive Directors Who Have A Say In The Direction Of The Company
10:52 Conclusion
****This Is A Sponsored Video***** Chico Crypto and Kuverit have entered into an agreement for a sponsored review of their platform. n exchange for the review, Chico Crypto Received $2800 paid in Bitcoin.
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