CycloShieldCoin (CYS) is a cryptocurrency accompanied by a real world gadget (Cycloshield Nano), an app and a potentially huge customer base. . CycloShieldCoin ICO rating – not rated.
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PRE ICO Dates : 01/12/17 – 31/12/17
About CycloShieldCoin ICO (token sale)
CycloShieldCoin (CYS) is a cryptocurrency accompanied by a real world gadget, an app and a potentially huge customer base. This coin isour take on the growing market of cyclists by providing them with a means of payment, reward system and bringing the concept of cryptocurrency to a more general audience of users. Built upon the foundation of Ethereum, users of the existing Ethereum cryptocurrency will not face difficulty in adopting CYS and newcomers to cryptocurrency will find plenty of educational resources and our own Online Token Store where corporative users will be able to buy CYS with credit cards that will use later on to pay for ads in our app or buy our gadget.
Our physical gadget CycloShield Nano is the evolved version of CycloShield which debuted on Kickstarter, the former version did not meet its hefty funding goal; however, we listened to the community and are ready to present a superior product. The new version is smaller, lighter and cheaper. We have added new features such as a panoramic video recorder.
Cyclists, regardless of being professional sportspeople or commuters, spend a high deal of time on the road. By minting CYS we will bolster healthy activity and information exchange across cyclists, rewarding their efforts with CYSs and offering value to advertisers which could cater to our targeted user-base. To do so, advertisers will have to obtain CYS tokens as that is the only way to pay for Ads on our platform . This coin is a token implemented on the Ethereum network as an ERC20 compatible token. CYS will have intrinsic value because it rewards users for their athletic achievements, can be used as a payment method on our store, a payment method to third parties (other people). CYS on our store can be used to purchase the physical gadget, advertisements on our platform and other real-world services. With this token, you are not banking only on the CycloShield Nano but on other products we have in the pipeline.
Cyclists are an ample group and on the rise. There is a great demand for high-tech gadgets and cyclists, ranging from professionals to commuters, desire to invest in their own safety. There are multitude of passive safety gadgets, however, the most part of safety is on prevention (such as lights or high visibility clothing). Our goal is to remunerate cyclists for information about the most suitable routes and real time information (accidents, obstacles, retentions) that could catch others unprepared. By using the blockchain, it is possible to ensure the transparency of our payment system as well as granting users complete liberty to exchange CYSs without the need for any intermediaries, CycloShield LTD or others. Providing our users with our own token will open up a wide variety of options to pay them for their contributions. In this document, we will discuss the concept of the CycloShield Nano and CYS, monetary characteristics, token allocation, business model and the different stages in our roadmap CYS is the token for road safety, sports activity and real time road information collection.