The rapid start of the CBS One token
The first main result of our work is that we have launched the system. Now the main priority is to work in collaboration, as the product is being made for you and together with you. We want this product to be understandable for everyone who will use it every day. Therefore, the more feedback, comments, and other information from users, the better.
There are a lot of comments with different opinions. Some people have deeply examined everything, including the development part, and they understand what we do. Those users are satisfied with the deadlines, the pace, and the results. Another group of people has not delved deeply into the matter, and they see only the things on the surface. They see that there are still some bugs, defects, inconsistencies, adjustments. That is why we need your feedback to be able to consider two different points of view.
The first approach possible is to move as quickly as we can, keep up with the deadlines, finalize the products on the run, i.e. to improve them constantly based on the feedback from the users. There is always room for improvement, but this is not the main thing though. The most important aspect is the speed of market entry, the speed of deployment of the entire ecosystem.
The second approach is to refine everything first, conduct control group testing, which may take some time, eliminate defects, and only then launch it. In this case, there might be fewer initial bugs, but anyway, there will be something to fix or redo after getting feedback from a greater number of users. Those aspects can increase the execution period by two or even three times. That is why we are expecting feedback from you during our meeting.
The ecosystem video
The modern world has undergone digitalization long ago, but the financial sector has been lagging behind innovation and the pace of change, leading to a crisis. Especially, banks become unreliable, they either increase fees and loan interest rates or stop their operations. It is a threat to the stable life of any person. Our team is working on the development of the CBS One financial ecosystem, which is ready to bridge this gap between traditional banking and modern innovative technologies. Our community believes that most of the existing market problems can be solved with smart technologies. And we invite you to take an advantage of blockchain technologies within our own financial ecosystem, CBS One. We make digital money available to everyone. We are creating the world’s first online crypto bank, the goal of which is to become convenient and accessible to everyone, without geographical restrictions. To ensure transaction and transfer safety and investment security, the CBS One team has developed the technological ecosystem with patent high-speed Stinger blockchain. The CBS One ecosystem provides everyone with direct access to the cryptocurrency market and earnings with us. Imagine a future with a CBS ONE wallet and card. You will be able to convert any cryptocurrency instantly to pay for a cup of coffee. And for every cup you buy, you will be getting 25% cashback to your account. And the accumulated and saved funds will be multiplying automatically. That future has already come. A lot of people in our community are already using tokens and cards of the CBS ONE ecosystem. CBS ONE tokens will allow you to manage your finances independently! Namely, to store, exchange, and multiply funds right in your wallet. Connect to the CBS ONE ecosystem and make money with the team. CBS ONE is a token that pays! Make money with us.
Now I will tell you about what we had been doing before June 7. The development and packaging had been in progress, a part of the work had been finished in time, but some tasks are not finalized yet. My goal was to deliver the product before the deadline on June 7. We have implemented synchronization with the Finiko account, which provides the ability to connect a wallet where you can store vouchers if you have it. Within 72 hours, the vouchers will appear in the wallet and you can start using it, i.e. send it to the stake. This way you will already make the transition from traditional economics to crypto-economics, where you must follow its laws.
Structure of the Blockchain Stringer ecosystem
- We have already implemented a crypto wallet into the system. It is already working and can be used. This wallet allows sending tokens to the nodes, the nodes are deployed within the company, so that you can send a stake, and the token will start working. Later, those nodes will be changed by the client’s ones. We will publish the instructions this week.
- The exchange. We are planning to enter other exchanges in the fall. There you will be able to sell tokens and exchange them for money.
- MasterCard cashback card. This concept has already been tested many times. We will start working on it soon.
- Income generation system.
- P2P exchange.
- A liquidity provider, i.e. a mechanism that redeems earned tokens from you.
The marketing plan is described in detail on paper; we just need to add it to the code, which will be executed by smart contracts. Smart contracts will be valid for 5 years. Today, when customers switch from a voucher to a wallet, they start earning. The blockchain records everything and makes it easy to calculate all affiliate rewards and payments, which will be paid out when this is implemented.
Smart contracts, accrual of awards
The validator signs the block, the smart contract calculates income of 6 tokens to the node and 7 tokens to the validator. Then, the validator and the node deduct its commission. At the moment the fee is 0%. After that, the ambassador contract turns on and more tokens are added. The output is full profitability of 6 to 10 tokens, depending on how the stake was made: through a node or a validator and an ambassador of which level. Then the ambassador fee is deducted and the user gets his income of 6 to 10 tokens.
In the personal account of each user, there will soon be a tab with tickets for an event for 25,000 people, which will be held on July 6-7, 2020 in Moscow.
GITHUB is a social network for developers, where all technical documentation, smart contracts, code, and the core of the system itself are posted. Any developer who is versed in this can draw their conclusions and make sure that the platform uses blockchain technologies. On this platform, you can also go to the testnet section. There the blockchain is running in test mode. It has been switched to the minenet version already. That is the foundation for the further deployment of our entire ecosystem.
1. Token sale website: https://cbs.io/
There you can sell tokens to cold people. If you have already purchased vouchers for tokens on the Finiko website, you do not need to use that one. The token sale website will start functioning properly this week.
What is the difference between buying tokens through the Finiko website and purchasing it through cbs.io? When you purchase the token on the website of Finiko, your mentor receives a 5% interest in CFR (internal accounting unit). If you or your affiliate buys vouchers on the cbs.io website, then his inviter receives a reward in tokens (not in vouchers, not in CFR). There are two ways of buying tokens instantly on cbs.io – bitcoin and USDT.
2. The blog with news about the project
Official news concerning the development process is published on this resource.
3. The io account
It is designed for cold clients. In this account, you need to go through verification, after which all information about a client will be forwarded to Finiko. Then, a client should purchase on this particular website. You do not need to register there yet.
It is very important to record all your credentials so that you do not forget or lose them. You can use Notepad or Word.
4. Testnet Explorer and main cbs.io explorer version.
What is an Explorer? Not every project has it. If the project is made on someone else’s blockchain, all actions with coins and tokens will be displayed on their explorer. But when the blockchain system is original and has its explorer, it will visualize everything that is written in the code. In other words, all information is represented as pictures, and you can see it on explorer. There you can see the account address and how many tokens are there. You see an address or a chain of addresses and you see how many tokens each account has. But you do not know whom they belong to. For cryptocurrency experts and investors in the cryptocurrency market, this gives an understanding that some accounts and users have tokens. This allows you to see how many tokens are in circulation, what is the capitalization of the company, what is an average amount of tokens in a wallet, and who are the largest holders. All this information is displayed on the explorer. This is a demonstration of everything that happens, rendering in code. This is a very time-consuming job, the explorer is constantly improving, various additional visualizations appear.
There are more than 10,000 crypto coins in the world. But there are only a few blockchains or technologies. You can count it on one hand. It is clear that the technology used in Bitcoin is outdated. It takes a long time to transfer data to it. The transfer of bitcoins takes an average of 30 minutes. There is also Ethereum, the transfer of which is faster. You can make tokens on it. But in this case, the ether miners will be receiving all transaction fees. You can use retail software, but our priority marketing tasks cannot be solved on it, considering our economic model.
We use our own blockchain called Stinger. This blockchain uses tokenomics developed by us. According to it, a token is produced, staked, distributed, and the operations fee is determined. And based on our model, other projects will be created. Doing something on someone else’s blockchain is a risk since it is located on someone else’s servers and was developed by another company. For us, the best solution is to use the best case, the best technology, and, based on it, deploy our own nodes, own tokenomics, own economic model, own tokens, and set our own rules. Thus, this is our blockchain, an independent one, which is called the Stinger blockchain.
- Crypto wallet. We will create an account in the crypto wallet together with you later. We will show you how to do it correctly.
- Community chat on Telegram: cbsone_ru
There are the leaders, technical support agents, and a marketer of our company in this chat. You can quickly receive feedback, communicate with each other, and with company representatives. At the moment, there is a post with a poll on solution models on Telegram.
The first model involves that we will move a little longer, but we will refine each solution to the ideal. Only after that, the product will be delivered to the client. Subsequently, both the client and all partners will be able to apply this solution and provide feedback. The implementation period will be extended so that everything will be done perfectly.
According to the second model, we will make a product for you and together with you. We will be receiving timely feedback and together with you refining this solution to a finished product with the best quality.
How to exchange vouchers for CBS tokens?
It is important to use exactly the same email that you use on the Finiko website. Also, contact your mentor to get a referral code from him. Make sure to duplicate the tab with the token cabinet.
- Click the “Create a wallet” button. Generate a pin code, memorize, or write it down. A pin code is required to confirm your actions in your account.
- Wallet registration. The name and code are generated automatically. The user can copy and save this data.
- On the next page, you will see the public and private keys. The public key is the address to which you receive or send tokens. The private key is the key to the safe, which gives access to the wallet itself. The public key can be seen by all users, but
they will not know how many tokens are there. However, it can be opened only with a
private key. Save those details and only then proceed with the registration.
- Next, you switch to your wallet. On the left, you will see four clickable buttons: wallet,
stake, ambassadors, followers. On this page, you can see the number of your
- Copy your account name. Click on the “Link wallet” button. There will open a window,
where you need to insert the name of the wallet. Confirm the actions using SMS or
Telegram, depending on what you have linked in the settings.
- Click the “Withdraw tokens” button. You can withdraw tokens in whole or in part.
- Wait for the confirmation from the special financial service operator.
Service development dynamics
June 2020: launching a blockchain wallet on an explorer, developing a testnet, developing our own blockchain, launching a wallet, and doing node deployment.
July 2020: Launch of the wallet on Android. To do this, you need to completely finalize the synchronization, the token sale website and get maximum feedback.
August 2020: Listing on the exchange.
September 2020: Strategic partnership with payment systems, linking both Visa and other cards as well.
November 2020: Start of our own crypto exchange development.
Online CRYPTO Summit 2020
In the coming week, a new button will appear in the user account. It will be a button for an online summit for 25,000 people with the participation of 30 speakers. If the number of speakers increases, we will organize them into small groups for discussions on specific topics. There will be representatives of exchanges, traders, and founders of various funds among the speakers. The broadcast will be in both Russian and English. The event is dedicated to the topic of cryptocurrency and anti-crisis solutions in crypto-economics.
A user has the opportunity to purchase a VIP ticket, which includes gifts from sponsors and the opportunity to participate in the giveaway. The main prize is a car and videos from all events. The cost is 89 CFR. It includes 40 vouchers for the CBS token. You can also purchase standard and business tickets. The standard ticket is free, the cost of a business ticket is $19. Our entire team will perform at the event, and the Finiko team is the general sponsor.
Vouchers for CBS tokens are already available. You can purchase it in the CBS Tokens section of your account. We also want to remind you that you need to purchase 1000 vouchers to participate in the affiliate program and to receive affiliate bonuses.