BOUNTY CREDITS - New blockchain for financial industry! [Sale Nov-Dec 2017]


CREDITS

CREDITS bounty


We are offering our participants a total allocation of 2% from our overall token supply.
The total number of tokens in circulation may vary, depending on the actual amount raised during Token Sale;
Soft cap for the 1st round of ICO is 80 000 ETH,
Hard cap for the 1st round of ICO is 120 000 ETH, 

But in any case 2% of tokens will still be designated to the bounty campaign
1 600 - 2400 ETH
1 ETH = 3 000 CREDITS (CS)
Quote
We declare our bounty program open! If you join our campaign in the Bonus period for early birds you will receive:

6 Oct. - 31 Oct. Bonus + 20% to all your stakes
1 Nov. - 10 Nov. Bonus + 10% to all your stakes

New open platform CREDITS for creation and management of financial services on the basis of the blockchain/ledger
The unique system of building a blockchain allows you to build financial services with high speed transaction processing up to 1 million per second and average speed transaction processing in 3 seconds. CREDITS truly opens up new opportunities to use the blockchain technology in the financial sector.


To find out more about CREDITS use:
•   Website: http://credits.com
•   Whitepaper: https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
•   Linked In: https://www.linkedin.com/company/13370238/
•   Twitter: https://twitter.com/CreditsCom
•   Facebook: https://www.facebook.com/creditscom/
•   Telegram: https://t.me/creditscom

_____________________________________________________

Our dates:
•   ICO: Date to be announced later, in the end of pre-ICO which will be at the end of October. The beginning of ICO is scheduled for about the end of November, stay tuned!

_____________________________________________________

Bounty Campaign Token Allocation:

Overall Bounty:
4 800 000 - 7 200 000 CS (equals ~ 1 600 - 2 400 ETH)


Signature campaign 30%
1 440 000 - 2 160 000 CS (~ 480 - 720 ETH)

Facebook campaign 15%
720 000 - 1 080 000 CS (~ 240 - 360 ETH)

Twitter campaign 15%
720 000 - 10 80 000 CS (~ 240 - 360 ETH)

Blogs / News / Video Content campaign 20%
960 000 - 1 440 000 CS (~ 320 - 480 ETH)

Translation / Community Admin campaign 15%
720 000 - 1 080 000 CS (~ 240 - 360 ETH)

Telegram campaign 5%
240 000 - 360 000 CS (~ 80 - 120 ETH)

What are stakes?

Example: Twitter campaign participants will receive stakes every week during the campaign. At the end of the campaign each member’s bounty amount of CS tokens will be calculated this way:
Total amount of Facebook Campaign CS tokens / Total amount of all bounty campaign participant’s stakes) * Member’s stakes

F.e.: (720 000 / 10 000) * 135 = 9 720 CS (~ 962,30 USD)

Note: The USD value is the value calculated to the current ETH value (~300$). 1 CS equals 0.00033 ETH. Your bounty will be paid in CS tokens.

_____________________________________________________

•   We reserve the right to limit the amount of participants for any of the campaigns.
•   We reserve the right to change the conditions of our bounty campaign.
•   Only one account per one person.
•   Using multi-accounts, cheating and spamming is not allowed.
•   We will validate everything we consider to be fake or scam  and we reserve the right to remove you from any campaign at any time if we think you are not honest, or spam the forum. 
•   We reserve the right to remove you from any campaign without any explanation.
•   In case we remove you from the campaign for any reason, we reserve the right to delete your stakes.
•   To participate in CREDITS Bounty campaign, please join CREDITS Telegram chat at https://t.me/creditscom.
•   If you missed the time of the report, we can consider adding your stakes on a next week, but it would be manual and slow process which may took a lot of time.
•   If you don't reach minimum amount of posts/retweets/likes in Twitter/Facebook/Signature campaigns, you will not receive any stake for the current week. We will not remove you from campaign, you can try again next week.
•   The distribution of the tokens to bounty participants will happen after the end of ICO. The actual amount of tokens you will get will be determined at the moment of such distribution.



_____________________________________________________
15% of all Bounty Campaign tokens
720 000 - 1 080 000 CS
240 - 360 ETH


• ANN thread translate
• White Paper translate
• Site translate

We split languages into two groups Priority and Additional. We would like to concentrate on translating into Priority Languages first. It is acceptable for one person to translate whitepaper, website and announcement thread, but you will need to be fast.

To participate:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
1. Join CREDITS telegram: https://t.me/creditscom
2. Fill in that form: LINK
3. Check this spreadsheet for additional information as spots fill up: Spreadsheet 
Feel free to ask any questions in CREDITS telegram channel.

Rewards:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• Site: 100 Stakes
• ANN thread: 150 Stakes for Priority language, 130 Stakes for Additional Language 
• Whitepaper: 200 Stakes for Priority language, 170 Stakes for Additional Language
• Moderation/Management ANN: 5 Stakes per Valid Post

Priority Languages:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• Chinese Simplified : (ANN, Whitepaper)
• Korean : (ANN, Whitepaper)
• Japanese : (ANN , Whitepaper)
• Spanish : (ANN , Whitepaper)
• German : (ANN , Whitepaper)
• Indonesian :  (ANN , Whitepaper)

Additional Languages:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• Vietnamese : (ANN, Whitepaper)
• Romanian : (ANN, Whitepaper)
• Portuguese : (ANN, Whitepaper)
• Dutch : (ANN , Whitepaper)
• Italian : (ANN, Whitepaper)
• Bulgarian : (ANN, Whitepaper)
• Slovenian : (ANN, Whitepaper)
• Thai : (ANN, Whitepaper)
• Danish : (ANN, Whitepaper)
• Greek : (ANN, Whitepaper)
• Hindi : (ANN, Whitepaper)
• Polish : (ANN, Whitepaper)
• Russian: (ANN, Whitepaper)
• Swedish: (ANN, Whitepaper)
• Turkish: (ANN, Whitepaper)
• French: (ANN, Whitepaper)
• Filipino: (ANN, Whitepaper)

Rules and Terms:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• Translations need to be proper in grammar and vocabulary.
• Translations must be original, no Google translate. If we will find that the text is translated with the help of automated translation tools, translator will be blacklisted, and no payments will be made
• We do not need any Single Post Dead Thread. If you failed to keep the thread active and up to date, your reward can be reduced to 50% of the actual payment or you could simply be disqualified.
• If there will be a lot of mistakes in translation, translator will be blacklisted, and no payments will be made
• Translators must do both ANN and WP.
• Translators are expected to remain engaged in discussion about CREDITS on an thread specific to their language.     
• Translations have to be done professionally.
• For stake counting, only the posts of the OP are counted towards Moderation activity.


_____________________________________________________
20% of all Bounty Campaign tokens
960 000 - 1 440 000 CS
320 - 480 ETH

Blog posts, articles and videos campaign. Content bounty will be distributed to the creators of the posts, reviews and press releases about CREDITS.
Anyone can participate just create a 500+ words long text about CREDITS and publish it on your website. The better your text is the more stakes you will receive.

Before you start writing please complete this campaign participation form to let us know your details and also know the website(s) on which you are going to publish your text.
Remember that before the stakes are awarded to you, the text must be approved

To participate:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
1. Join CREDITS telegram: https://t.me/creditscom
2. Fill in that form: LINK
3. Check this spreadsheet for additional information as spots fill up: Spreadsheet 
Feel free to ask any questions in CREDITS telegram channel.

Rewards:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
All blogs and media content will be divided into 4 different categories, and will be rewarded as follows:
• Exellent: 150 Stakes
• Good: 100 Stakes
• Medium: 70 Stakes
• Normal: 40 Stakes

Rules and Terms:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• All texts must be published online and accessible to everyone.
• Your text must be unique.
• We don’t allow websites with no audience or new websites; the website where you choose to publish your text, must be at least 2 months old and must have user activity.
• Your text must consist of 500 words at least.
• Video must be at least 2:00 minute long. Shorter than that will not be accepted.
• Your post must include at least 2 links: to credits.com website, CREDITS  ICO ANN thread, other CREDITS social media or to the other articles about the project.
• Make sure you have full understanding of the CREDITS platform. Read the CREDITS project
• Whitepaper first you can find it on our website credits.com
• All content will be judged on the basis of quality, traffic, views and influence.

Some ideas for the posts:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
– Explain the CREDITS architecture. Why it's unique and beneficial? 
– What are the benefits of CREDITS in comparison with competing projects?
– When will CREDITS ICO start and why should one participate?
– Any good texts regarding CREDITS project
– You can conduct an analysis of the Whitepaper, etc.

Please make sure that your text is technically correct, and doesn't have typos and errors.
Important!



_____________________________________________________
5% of all Bounty Campaign
240 000 - 360 000 CS
80 - 120 ETH

We are looking for more and more readers, followers and contributors for our upcoming Token Crowd-sale event, and for early supporters we have a lot of bounties, rewards and bonus... Join our Telegram today and be a part of our project and earn CREDITS token as your reward. Payment will be paid along with all other bounties.

To participate:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
1. Join CREDITS telegram: https://t.me/creditscom
2. Fill in that form: LINK
3. Check this spreadsheet for additional information as spots fill up: Spreadsheet 
Feel free to ask any questions in CREDITS telegram channel.

Rewards:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
2  Stakes per week for every valid user

Rules and Terms:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• You must join the Telegram channel and stay there till the end of ICO Crowdsale.
• User must be active and supportive in the group. Inactive users can get 50% less payrate or can be simply disqualified.
• Using bad language, spamming, advertising any other service in cryptogene groups not allowed.


_____________________________________________________
15% of all Bounty Campaign
720 000 - 1 080 000 CS
240 - 360 ETH

Rewards:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Shares – 3 stakes 
Unique Post – 5 stakes

To participate:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
1. Join CREDITS telegram: https://t.me/creditscom
2. Fill in that form: LINK
3. Check this spreadsheet for additional information as spots fill up: Spreadsheet 
Feel free to ask any questions in CREDITS telegram channel.

Rules and Terms:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• Only 1 facebook account per person
• Your Facebook account must have at least 300 real followers / friends.
• You must like and follow the official Facebook page: https://www.facebook.com/Creditscom
• You must like and share at least 5 posts from our Facebook account
• You must make at least 2 unique posts per week with the #credits #creditscoin
• No more 1 reposts and 1 post will be counted per day
• Posts have to be in english.
• Negative trust accounts are not allowed to participate
• Bounty campaign members, who use unfair methods, such as fake Likes and Shares, are to be excluded from bounty campaigns and will not receive rewards.
• Only 1 post on the Bounty Thread which posts you liked/shared, unique posts and provide the link for those before Sunday 23:59 GMT. Otherwise, no stakes will be given. Please do it once each week.
• All posts/reposts will be considered weekly from Monday to Sunday 23:59 GMT

Quote
Report #
[Weekly interval]
Link to Facebook account:
Number of friends:
Posts:
1 (links to your posts about CREDITS)
2
..
Shares:
1 (links to your shares of the CREDITS official facebook account posts)
2
..



_____________________________________________________
15% of all Bounty Campaign
720 000 - 1 080 000 CS
240 - 360 ETH

Rewards:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Shares – 3 stakes
Unique Post – 5 stakes

To participate:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
1. Join CREDITS telegram: https://t.me/creditscom
2. Fill in that form: LINK
3. Check this spreadsheet for additional information as spots fill up: Spreadsheet 
Feel free to ask any questions in CREDITS telegram channel.

Rules and Terms:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
• Only 1 twitter account per person
• Your account must have at least 300 real followers
• You must like and follow the official twitter page: https://twitter.com/creditscom
• You must like and share at least 5 tweets from our twitter account
• You must make at least 2 unique tweet per week with the #credits #creditscoin
• Only 1 tweets and 1 retweet will be counted per day
• Your post/repost news from our official account and do not delete them until the ICO ends
• Only 1 post on the Bounty Thread which tweets you liked/shared, unique tweets and provide the link for those before Sunday 23:59 GMT. Otherwise, no stakes will be given. Please do it once each week.
• All tweets/retweets will be considered weekly from Monday to Sunday 23:59 GMT

Quote
Report #
[Weekly interval]
Link to twitter account:
Number of friends:
Posts:
1 (links to your posts about CREDITS)
2
..
Shares:
1 (links to your shares of the CREDITS official twitter account posts)
2
..

REVIEW
Soft cap for the 1st round of ICO is 80 000 ETH,
Hard cap for the 1st round of ICO is 120 000 ETH,
1 ETH = 3 000 CREDITS (CS)

PROBLEM
______

Creation and performance of financial products on the basis of blockchains and smart contracts with quick transactions

GOAL
______

The creation of a decentralized sector of financial services on the basis of the participant(s), bypassing specialized financial

institutions such as banks and intermediaries

WHY CAN'T THIS BE DONE NOW?
______

Popular platforms like Ethereum are not ready for financial transactions due to a slow rate of 0.5-15 minutes and a price of

about 0.02-0.5 dollars per transaction. This is unacceptable for the financial industry.

CREDITS - creates a new platform for the operation of financial products on a unique scheme of building a

blockchain/ledger with smart contracts, which achieves:

• A speed of processing transactions up to 1 million transactions per second
• An average processing time of 3 seconds per transaction
• Very inexpensive processing cost

BITCOIN / ETHEREUM
• Approximately 100 operations per second
• Average processing time of 0.5-15 min
• Cost up to 0.02-0.5 dollars per transaction

CREDITS aims to achieve a performance of 1 million transactions per second, an average processing time of 3 seconds and a mean peak

value of 10 seconds.

The system is a distributed database with the principles of a blockchain/ledger - decentralized management and transfer of digital assets,

invariability of records.

1. Distributed, decentralized storage and open source.
2. Support for public and private networks
3. Each entry is entered into the database of the blockchain/ledger without Merkle trees and sidechains by the processing of consensual

transactions.
4. Coded in C/C++ with OOP principals - has the ability to build other compilers
5. Permissions set at the transaction level
6. The system is scalable (as the number of nodes increases, the number of transactions
processed per unit of time increases)
7. Transactions are added to the block for later consensus
8. Consensus model: federal with a mechanism for resolving most nodes with the permission to make a decision.
9. Virtual machine (VM) is used for executing smart contracts. Each contract executes in a separate isolated environment for increased

security in VM, development is allowed in script languages (for example, JavaScript), extended work with the calendar and scheduler
10. PoW (Proof-of-work) + PoC (Proof-of-Capacity). Coins are issued in advance for a certain amount.

Bitcoin - payment system and money unit. The task is only to pass from one user to another. Slow blockchain
Similar: public blockchain/ledger, the internal cryptocurrency
Differences CREDITS: fast blockchain/ledger, the availability of smart contracts, orientation on the financial sector, supports

different currencies

Ethereum - emphasis on the creation of smart contracts and recording them in the blockchain. All else is solved through the use of

third-party services. Oriented for all industries. Slow blockchain
Similar: smart contracts, internal cryptocurrency
Differences CREDITS: another quick blockchain/ledger, supports different currencies, uses an internal system of calculations,

focused on the financial sector

Ripple - only used as a settlement system and currency exchange. Closed for developers and companies
Similar: fast blockchain/ledger, a system settlement for different currencies, focused on the financial sector
Differences CREDITS: the availability of smart contracts, an open developers platform, any company can connect to the platform

What is CREDITS?
______

New open platform CREDITS for creation and management of financial services on the basis of the blockchain/ledger

The unique system of building a blockchain allows you to build financial services with high speed transaction processing up to 1 million

per second and average speed transaction processing in 3 seconds. CREDITS truly opens up new opportunities to use the blockchain technology

in the financial sector.

NEW GENERATION OF BLOCKCHAIN
______


.


SUPER HIGH SPEED

Blockchain with up to 1 000 000
transaction per second



PROCESSING TIME

Average processing time is 3 second
per transaction.



VERY LOW PRICE

Very low cost of translation.

CREDITS platform offers new and unique technical implementation of blockchain technology, smart contracts, data protocol and has

its own internal cryptocurrency.

It is a platform with completely new technical network capabilities, speed, cost of transactions and total number of operations per second.

It is an open platform which means that users and companies can create online services that implement the blockchain protocol.

We offer a new product for users. We designed new features by creating new algorithm to search for a consensus; a new scheme registry; an

algorithm for processing and maintaining transaction - based solutions for finite state machines based on the model of Federal voting

nodes.

The CREDITS platform offers a solution to low speeds and high transaction costs. It expands the potential which blockchain technology has

for the financial industry and the Internet of Things.

.


Blockchain

Distributed, decentralized storage and open
source code. Support for public and private
networks.


Transactions

Each record is entered into the blockchain of
the block-less database without Merkle trees
and sidechaines by processing consensual


transactions.


Forming of blocks

Set permissions at the transaction level.
Transactions are added to the block for the
subsequent finding of a consensus on the


algorithm for finding the solution of the finite
state machine
.


Consensus model

Consensus model: federal with a mechanism
for resolving most nodes with permission to
make a decision.


Smart contracts

Each smart contract is performed in a
separate isolated virtual machine
environment, allowing development in script
languages ??

(JavaScript),
extended work with
the calendar, scheduled


System

The system is scalable (as the number of
nodes increases, the number of transactions
processed per unit of time increases). The


lack of PoW protocol (Proof-of-work). Coins
are issued in advance in a certain amount

Technical features
______

.FeaturesCREDITSBitcoinEthereum
.Blockchain and Smart Contracts
.• Transaction Speed• 1 000 000 transaction per second (up to)• 10 transaction per second• 500 transaction per second (up to)
.• Block Interval• 3 seconds (average)• 10 minutes• 15 secondss
.• Block Size• Dynamic• 1 Mb• Dynamic
.• Consensus Algorithm• modified FA(Federated Agreement + PoW + PoC)• Proof of Work• Proof of Work
.• Flexible configured blockchain• Yes• No• No
.• Coins• CREDITS• Bitcoin• Ether
.• Smart contacts• Yes• No• Yes
.• Blockchain type• public, private• public• public
.• Turing-complete code for developing smart contracts• JS equal language• Non-systematic• Solidity, Serpent,etc
.• Decision Making Process• Democratic Congress (One node=One vote)• Non-systematic• Non-systematic
.• Speed executing contracts• 100 000 transaction per second (up to)• Non-systematic• 100 transaction per second (up to)
.• User technical features
.• Crypto algorithm• Symmetric-key algoritdm +• Asymmetric-key algoritdm• Asymmetric-key algoritdm
.• asymmetric-key algoritdm
.• Using third-party systems• Yes• No• No
.• Allow create own application• Yes• No (very hard)• Yes
.• API• Yes• No• Yes

Roadmap
______


.S1S2S3S4S5
.Pre-AlphaAlphaBetaRelease
candidate		Release
.• Storage, Consensus
  mFA Consensus		• FA : Key Design
  Implementation		• mFA : Key Design
  Implementation,PoW + PoC		• mFA Optimization–• optimisation
.• Data Store• Decentralization Ledger, NoSQL
  Store implementation		• MessagePack History• Blockchain backup––
.• CVM (Credits virtual
  machine)		• Design and Implementation• Integration witd ecosystem• Optimization• check errors–
.• tdird-party system–• Design and Implementation• integrate to full system–• optimisation
.• Inference Engine• Formal Specification and
  Key Design Elements		• Reasoner Integration with
  Blockchain		• Reasoner Optimization––
.• User interface• Implementation• Web UX design–––
.• Wallet• Wallet Formal specification–• UX design Application
  Test		• Android, iOS,
  Desktop Wallets		–
.• RPC and REST API• Formal specification• Blockchain Explorer–• third-party explorer–


Project Team
______


.

Chugunov Igor
CEO & Founder

Education: Banking. Experience:
12 years, including IT projects,
bank and credit internet services,
affiliate marketing company

for banks
and PDL companies. Experience
withblockchain business: 2 years.
From 2016 working at the CREDITS
platform

Evgeniy Butyaev
CTO

Education: Engineer (software
development). Software
development experience: more than
10 years. Experience with blockchain


more than 3 years, including
European organizations – various
solutions based on blockchain for
different customers including


StateStreet; solutions based on
blockchain in Russia. From 2016 -
working at the CREDITS platform

Valentin Antonov
Team Lead

Education: Programmer. Experience:
more than 10 years as a programmer
and architect building complex and
high-loaded systems for

the financial
and banking sectors. In the
blockchain industry for about
2 years. Qualified in platform
Ethereum.
.

Merejkin Michael
Web Developer

Education: Programmer. Joined the
team in 2016. Specialist in
developing web applications. In this
project he is responsible for

custom
web application. Experience with MS
SQL, understands the functioning of
a relational DBMS. Web-based
applications on

ASP.NET

Matushkina Elena
PR manager

Experience in PR for over 7 years.
Promotes brands and products in
media and over the Internet.
Participated in development of a


strategy of presence in social
networks, and continues working to
improve the concept. Content
creation (text, photo, video),

the
reason for social networks.

Bruce Sadia
Development manager

Education: Master’s in
Communications and International
PR. Working experience over 3 years
in IT sphere with foreign people. She


is responsible for communicating
with foreign partners and
organizations.


Advisory board
______


.

Kyle Wang
Senior Consultant
IBM
Cleveland, USA

«The team is exceptional!
CREDITS is a novel approach
and cryptoeconomic innovation
within blockchain»

Michael Kapilkov
Blockchain Advisement
New York 

«I am proud to announce that I
have joined 'CREDITS'​ as an ICO
Advisor» Founder Healthi,
CoFounder Altcoinz, CoFounder
I-

virtual.

Elie Galam
Bancor Foundation
Financial Advisor
New York

Chief Investment Officer at
Eastmore Group, Advisor to
Legolas Exchange and Gimli

Artjom Aminov
Blockchain architect
at F&L Galaxy, inc
London, United Kingdom

Developer and architecture of
high-availability server-side
applications based on
blockchain technologies
.

Tyler Perry-Smith
Investor, Enthusiast
Savitr Capital
San Francisco

«CREDITS can be the catalyst
that takes blockchain
functionality to mainstream
business operations!»

Jacob Salvador
Investor & Trader
Blockchain Specialist
Oslo, Norway

Experienced Investment
professional in the venture
capital and private equity
industry. Skilled in Blockchain
technologies

Christophe Ozcan
Blockchain
technical - Expert
France

CEO & Co-founder at Crypto4All,
Blockchain Ecosystem Advisor
at Rockchain, Blockchain
commission member at AFNOR
Group


Presentation / ICO
______

The first stage is scheduled for Q4 2017.
Do not miss these opportunities, please stay connected in our social channels, and first let you know about the updates.



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