**KEYRPTO**THE BLOCKCHAIN BASED ECOMMERCE PLATFORM.


EXECUTIVE SUMMARY.

E-commerc e today is the engine of global economy. Th erefore, it should rely on the most advanced and secure foundation, rather than the outdated technologies of yesterday.
The new decentralized technology known as blockchai n enables a new class of services, with smar t contract technology enabling businesses to enhance their productivity and their online security.
Worldwide retail e-commerce sales will reach $1.915 trillion this year and double-digit growth is expected to continue through 2020, when sales will top $4 trillion*. The global cryptocurrencies market is expected to reach $2 trillions by the end of 2018*.
However, there are very few platforms that allow you to buy or sell products and services with cryptocurrencies. Many individuals and businesses are looking to sell their products, services, or second-hand items for cryptocurrency to take advantage of the booming market. On the same hand, many individuals are looking to purchase items or services with cryptocurrency, whether it be to utilize it for its intended purpose as a currency, to cash in their profits, or otherwise.
A cryptocurrency friendly e-commerce platform similar to eBay or Amazon would fit perfectly into all of the aforementioned situations, benefiting the wider community and bringing more value and function to what is currently a highly speculative market. The choice of a platform to list on is perhaps the most fundamental decision an online entrepreneur makes in the early life of their business. This decision can make or break them, so it is integral they choose one that will generate wide spread exposure whilst still ensuring security and income. This is exactly the platform we intend to provide.

INTRODUCTION.

The purpose of this document is to provide information regarding the KEYRPTO project, its core conceptual idea, business model, competitive advantages, ICO details, and roadmap towards the 1st prototype.
A more technical description of core architecture will follow after the ICO funding phase. KEYRPTO started with a simple idea, why can’t we create a block chainbased e-commerce platform which allows small business or individual to sell their products & services against any major cryptocurrency. KEYRPTO creates a medium between seller & buyer to exchange products using cryptocurrency whilst minimizing the risk being scammed or defrauded by providing full payment protection and by delivering the product/service as a 3rd party mediator.
As a seller (Either a merchant or an individual) using KEYRPTO, you will have an online store where you showcase your brand, connect with your potential customers, and ultimately sell your product or service using a major cryptocurrencies. As a buyer using KEYRPTO, you will be able to browse listed products/services and initiate a transaction from a sellers shop front. We will receive the payment within our platform and hold it in escrow until we ensure you receive what you paid for, and that you are satisfied with it. After this has occurred we will then release payment to the seller.

VISION.

KEYRPTO will be a revolutionary block chain-based e-commerce platform that enables buyers to use their favorite cryptocurrency in order to buy products and services. We will provide sellers with safety, convenience, and the ability to receive funds in the form of cryptocurrency. And we will provide buyers with consumer protection to ensure they always receive what they purchased or their money back.

PROBLEM.

Despite the advantages of crypto payments, such as low fees, user anonymity, and fraud protection, clear and well developed block chain based e-commerce platform are yet to be introduced to the market. Buyers are searching for a way to make their purchases with cryptocurrencies.
Sellers on the other hand would love to earn more revenue, but are cautious about accepting cryptocurrencies due to the lack of regulation and security around transactions. Wouldn’t it be amazing if we could have the best of both worlds? This is a dilemma we aim to solve with the KEYRPTO platform.

SOLUTION.

Our aim is to build an advanced platform allowing buyers to use their favorite cryptocurrency to purchase products and services with confidence from merchants, whilst protecting the merchant from market volatility and fraud, decreasing the risk of accepting cryptocurrency as payment.

HOW IT WORKS.

Your online store is your home base, where you showcase your brand, connect with your audience, and ultimately sell your products.KEYRPTO has many ways to reach and sell to new and existing audiences.

KEYRPTO ADVANTAGES FOR SELLER.

**5 Key Reasons to Sell On KEYRPTO**:

  1. Shoppers Often Begin Their Search online In the second quarter of 2017, e-commerce sales were estimated to have increased 16.3 percent from the second quarter of 2016, while. total retail sales increased by only 4.4percent in the same period. E-commerce sales in the second quarter of 2017 accounted for 8.2 percent of total sales, a number which is growing substantially every year.
2. KEYRPTO is a Great Additional Sales Channel While your main concern should focus on a direct relationship with your customer, KEYRPTO can become a great complement to your online business.
3. KEYRPTO Helps Shoppers Discover Your Brand KEYRPTO exposes your business to a huge number of potential customers. Imagine the exposure of being one of the first brands to list on a dedicated cryptocurrency e-commerce platform.
4. KEYRPTO is an Open Marketplace KEYRPTO creates a medium between seller & buyer to exchange products with cryptocurrency with minimum risk of scams and fraud to either party.
5. KEYRPTO SEO KEYRPTO’s search engine optimization algorithm is designed to maximize profits for seller and make it easy for the buyer to find products and services that they are interested in.
Your online store is your home base and KEYRPTO is your opportunity to reach new audiences.

**KEYRPTO ADVANTAGES FOR BUYERS**

Although it is apparent that many businesses around the world have begun
to accept cryptocurrency payments, there are still very few dedicated
e-commerce platforms for this purpose. This is where we plan to stand
apart, providing a state of the art platform that will easily transcend those
currently available, taking a large market share of the ever-expanding
online shopping sector.

5 Key Reasons To Buy From KEYRPTO:

  1. Quick and easy payments Paying with cryptocurrency is a very quick process, you don’t even need to enter your credit/debit card details, nor your personal details. All your transactions will be secure and your personal wallet will only be accessible by yourself.
2. Comparison of Prices It will be extremely simple to compare the prices of similar products across all stores listed on KEYRPTO. This gives you the freedom to determine which store offers the most affordable item you are going to buy.
3. 24/7 Availability KEYRPTO’s stores are open round the clock of 24/7, 7 days a week and 365 days. It is very rare to find any conventional retail stores that are open 24/7. The availability of online stores give you the freedom to shop at your own pace and convenience from the comfort of your own home.
4. Easy to Search Merchandise You Want to Buy You are able to look for specific merchandise via search features such as model number, style, size, color, and more. In addition, it will be easy to communicate with online stores via our inbuilt messaging system if you have any more questions regarding the product.
5. Discreet purchases are easier Some things are better done in the privacy of your own home. Cryptocurrency is ideal for these sort of transactions, and we will facilitate their use in this manner.
PLATFORM & TOKEN
KEYRPTO will be a block chain-based e-commerce platform that enables seller to accept multiple cryptocurrencies from buyers.

BUYER PROTECTION

Consumer protection is essential with any e-commerce transaction. With KEYRPTO, there are hundreds of potential outlets for online sales and every transaction is secured. KEYRPTO offers buyers 100% protection against all forms of seller fraud, including:
— Failed delivery — Delivery to an incorrect address
— Lost shipment — Delivery of an incorrect item
— Delivery of an item which does not meet the seller’s description
It is important to note that every single transaction conducted on the KEYRPTO platform will receive different levels of protection.

SELLER PROTECTION

Ensuring online sales are safe and secure is a challenge for merchants. Our Seller Protection Policy will protect your online sales, minimize claims and charge-backs, and help prevent buyer fraud. KEYRPTO Payments offers 100% seller protection against fraud as well as the following features:
— Transaction monitoring 24/7
— Heavily encrypted transactions from start to finish to prevent interference or tampering.
— Processing and converting major cryptocurrencies.
— Thoroughly investigating claims and providing online support every step of the way

KEYRPTO BENEFITS
BUYER

• More variety in product offerings
• Discreet purchases
• Secure payments with major cryptocurrencies
• Special offers & discounts

SELLER

• Save in set-up & operational cost
• Easy to use listing tools
• Reach a global audience
• Start trading with major cryptocurrencies

KYT HOLDER

• 50,000 KYT required for store set-up registration
• 50% off on transaction fees
• Upgrade your store’s position in our SEO through
purchases using KYT
• Special offers for KYT Token holders
KEYRPTO MAIN GOALS

PLATFORM

To create a platform that will allow small business
to sell their products & services with any major
cryptocurrency.

TRANSACTIONS

To make transactions in this platform simple, fast,
secure, and reliable.
HAPPY CLIENTELE
Professional services to help you through every step
of buying or selling online.

PLATFORM STRUCTURE

Smart contracts are self-executing contracts with predefined terms set
by two or more parties being directly written into lines of code. The code
and the terms contained therein exist across a distributed, decentralized
blockchain network. Smart contracts permit trusted transactions and
agreements to be carried out among disparate, anonymous parties without
the need for a central authority, legal system, or external enforcement
mechanism. They render transactions traceable, transparent, and
irreversible.
Blockchain was the technology originally developed for Bitcoin, but
blockchain technology has since evolved far beyond the scope of virtual
currency*.

KEYRPTO smart contract rules the following aspect

KEYRPTO PLATFORM DESIGN

THE KYT TOKEN

The KYT token will be able to be spent on the platform for online store
registration fees, or for purchasing of goods and/or services. In both cases
payments with KYT will provide a significant discount on platform usage.

You can also sell the token in supported exchanges, or hold it for future
use within our wallet or any ERC20 compatible wallet.
In addition to this, the intrinsic value of each KYT token will increase with
platform usage as a burn metric will be implemented to add more value to
investors.

TOKEN BURN METRIC

When using KEYRPTO, a fee will need to be paid in some circumstances.
For example, when a transaction takes place, or when a seller sets up an
online store. A portion of this fee (Yet to be determined) will be used to
purchase and burn KYT tokens, increasing the inherent value of those
remaining. This gives added incentive for investors to buy tokens and
participate in the Keyrpto ecosystem.

As an example, the market cap of KEYRPTO at ICO will be $5.1million. With
510 million KYT tokens, this equates to 1 cent per token. If in 6–12 months,
255 million KEY tokens are burnt due to fees and the market cap remains
the same, each token is now worth 2 cents.

To ensure the token supply does not run out, the number of tokens burnt
is equivalent to the number of tokens remaining. So initially for example,
5 tokens of 25 million may be burnt in a transaction fee, but over time this
amount may reduce to 0.5 tokens of 2.5 million.

TOKEN OFFERING

  • KEYRPTO has its own token
  • The KYT will be freely traded on crypto-exchanges
  • All tokens will be created during the ICO period
  • The number of tokens are limited to 1,000,000,000 KYT
  • Total tokens for sale 510,000,000 KYT
  • Unsold tokens during the ICO are burnt
  • Team tokens will be locked for 1 year

TOKEN DISTRIBUTION

ROADMAP

Regarding the schedule for this project, the following Featuring tentative milestones and target dates for each stage:

MEET OUR TEAM

DISCLAIMER

This white paper shall not and cannot be considered as an invitation to
enter into an investment. It does not constitute or relate in any way nor
should it be considered as an offering of securities in any jurisdiction.
This white paper does not include or contain any information or indication
that might be considered as a recommendation or that might be used as a
basis for any investment decision.

KYT tokens are just utility tokens which can be used only on the KEYRPTO
platform and are not intended to be used as an investment.
The offering of KYT tokens on a trading platform is done in order to allow
the use of the KEYRPTO platform and not for speculative purposes. The
offering of KYT tokens on a trading platform does not change the legal
qualification of the tokens, which remain a simple means for the use of the
KEYRPTO platform and are not a security.

KEYRPTO is not to be considered as an advisor in any legal, tax or financial
matters. Any information in the white paper is provided for general
information purposes only and KEYRPTO does not provide any warranty as
to the accuracy and completeness of this information.

KEYRPTO is not a financial intermediary according to Swiss law and is not
required to obtain any authorization for Anti Money Laundering purposes.

KEYRPTO will do its utmost to launch its operations and develop
the KEYRPTO platform. Anyone undertaking to acquire KYT tokens
acknowledges and understands that KEYRPTO does not provide any
guarantee that it will manage to achieve it. They acknowledge and
understand therefore that KEYRPTO assumes no liability or responsibility
for any loss or damage that would result from or relate to the incapacity.

to use KYT tokens, except in case of intentional misconduct or gross
negligence.

By participating in the crowdsale, the purchaser agrees to the above and in
particular, they represent and warrant that they:
– have read carefully the Terms & Conditions attached to the white paper;
agree to their full contents and accept to be legally bound by them;
– are authorized and have full power to purchase KYT tokens according to
the laws that apply in their jurisdiction of domicile;
– are not a U.S. citizen, resident or entity (a “U.S. Person”) nor are they
purchasing KEYRPTO or signing on behalf of a U.S. Person;
– are not resident in China or South Korea and nor are they purchasing
KEYRPTO or signing on behalf of a Chinese or South Korea resident;
– live in a jurisdiction which allows KEYRPTO to sell its tokens through a
crowdsale without requiring any local authorization;
– are familiar with all related regulations in the specific jurisdiction in
which they are based and that purchasing cryptographic tokens in
that jurisdiction is not prohibited, restricted or subject to additional
conditions of any kind;
– will not use the crowdsale for any illegal activity, including but not
limited to money laundering and the financing of terrorism;
– have sufficient knowledge about the nature of the cryptographic tokens
and have significant experience with, and functional understanding
of, the usage and intricacies of dealing with cryptographic tokens and
currencies and blockchain-based systems and services;
– purchase KYT tokens because they wish to have access to the KEYRPTO
platform;
– are not purchasing KYT tokens for the purpose of speculative
investment or usage.

FOR MORE INFORMATION PLEASE VISIT THE LINK BELOW:

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