Kuverit P2P Guarantee Platform is a blockchain Multi-Trader Marketplace designed to protect its users from the potential of a financial loss in any two-way transaction. The platform's technology and inner system provides multiple ways for our users to protect themselves from financial loss.
ABOUT OUR PROJECT
PROBLEMS AND SOLUTIONS
NOT ALL FINANCIAL LOSSES CAN BE COVERED BY INSURANCE
Regulated insurance companies do not offer protection against financial loss when a transaction between two parties ends badly. Businesses and consumers have to carry the risk on their own.
Many dishonest customers or clients will refuse to pay or simply disappear after the product is received. Businesses and service providers lose up to 5% of their revenue due to customer fraud as in many cases, it's impossible to initiate legal proceedings.
Unethical individuals, contractors, and service providers plague society. The potential for financial loss is present in almost every transaction a business or consumer makes today; whether online or offline.
KUVERIT PLATFORM SECURES SELLERS. This feature offers protection from any uninsurable financial loss for users and their community of followers/subscribers. Peer-to-peer, with no regulators.
CUSTOMERS ARE INSECURE WITHIN P2P TRANSACTIONS
CONTRACTORS, BUSINESSES, AND SERVICE PROVIDERS ARE UNPROTECTED
KUVERIT GUARANTEE TRADING. Our Guarantee Trading Marketplace provides a viable solution to transaction-based financial loss with all the benefits of the P2P community.
NICHE PROTECTION POOLS. This feature offers protection from any uninsurable financial loss for users and their community of followers/subscribers. Peer-to-peer, with no regulators.
P2P GUARANTEE TRADING
PROTECTION FOR P2P TRANSACTIONS UP TO USD 5,000
Anyone who makes transactions with other people cannot be sure whether their partners are going to be honest or not. That is why Kuverit P2P Guarantee Trading exists. A Guarantor makes sure both sides will receive their funds, and all claims are validated by candid voters and auditors.
Both sides are secure
Transactions of up to $5,000
Managed by community
Takes the reputation of users into account
Protection for large sums
Dispute resolution via voting and auditing
GUARANTEE HIGHER THAN USD 5,000 IN VALUE
All benefits of P2P Guarantee Trading plus a higher amount of a single transaction and risk spreading across multiple Stakers/Guarantors. This product is useful for businesses and large deals.
CO-OP GUARANTEE POOLS
PROTECTS USERS WHEN NO OTHER COVER EXISTS
Anything that has a potential community and a need to be financially protected can be an object of a Niche Protection Pool. There are countless adverse situations people want to be protected from.
NICHE PROTECTION POOLS
Offers protection from uninsurable events
Any user can create a pool
Users can join existing pools
Built around communities
FILING A CLAIM
WE OFFER A UNIQUE AND SMOOTH PROCESS OF DISPUTE RESOLUTION. A CONTRACTOR CAN FILE A CLAIM AT ANY POINT IN TIME. A DECISION IS MADE AFTER THE APPROVAL OF VOTERS AND AUDITORS.
USERS' REPUTATION IS ONE OF THE KEY FEATURES OF THE PLATFORM. IT HELPS TO ASSESS RISKS ASSOCIATED WITH A TRANSACTION. THERE ARE TWO MAIN REPUTATION INDICATORS:
Often the driver behind why a Client does or does not get backed and if a Guarantor is or is not chosen.
A user must have a maximum BRS to create a Guarantee or Protection Pools.
Some actions, such as declined claims or negative feedback may reduce BRS
Users can improve their BRS by performing KYC
This indicator shows how users' referrals behave on the platform.
If referrals of a user have accrued a bad reputation, this will negatively reflect the user's SCS.
A user can improve his SCS if the referrals appear to be conscientious participants of the platform.
SOCIAL CIRCLE SCORE (SCS)
BASELINE REPUTATION SCORE (BRS)
You are Protected by a Licensed Brokerage Escrow
To increase community and contributor confidence in Kuverit, we have aligned ourselves with a licensed brokerage called FX NextGen Limited. All contributions and funding are held in Escrow until the Kuverit Marketplace is delivered. FX NextGen Limited will remain in full control of all funding, team token allocations and wallets and will pay all development invoices and genuine business expenses until the terms of the escrow have been met.
Founder and team token allocations will be released to team members gradually over a period of 36 months. More importantly, Team token distribution will not commence until after the Kuverit marketplace is live and operational.
Different amount of KUV tokens is needed to have different roles within the platform. Compensations are also distributed in KUV.
The unique Multi-Level Affiliate Reward Structure is designed to incentivize and reward active affiliates who help to grow the Kuverit user base. There are no fees and no requirements to being an active network affiliate or to access the reward possibilities
Kuverit smart contracts allow the platform to seamlessly protect all P2P transactions and create protection pools.
Kuverit Limited ("us", "we", or "our", "Company") operates https://www.kuverit.io/ (the "Site"). This page informs you of our policies regarding the collection, use and disclosure of Personal Information we receive from users of the Site.
We use your Personal Information only for providing and improving the Site. By using the Site, you agree to the collection and use of information in accordance with this policy.
Information Collection And Use
We collect personal data such as name, e-mail address and other information which you voluntarily provide (e.g. when you choose to interact with the Company by subscribing to offerings, signing up for updates such as newsletters, deals and offers, webinars, trade shows, events etc.) through email (which you can opt-out from via a link in each message sent through email), or by otherwise interacting with the Company. We also automatically receive and store information from your web browser, such as IP address, language preferences, cookie information and the pages you visit, to log files on our server. We use the information collected to respond to your requests regarding products and services, to improve the content on our Site and the services, to track and prevent abuse of our Sites and services, and to develop anonymous usage statistics.
We also use personal data for legally required notices, direct marketing and advertising in accordance with applicable law and market practice. You may opt out of such direct marketing and advertising at any time. We may use the information we collect with regard to how you, as a user, use the Sites so that we can analyze search and usage behavior to provide you with personalized content. Personal data may also be processed indirectly in connection with the development and administration of the Company's IT systems.
The legal grounds for such usage include (i) performance of a contract where you request services/resources through the Sites and (ii) legitimate interest for other processing activities, such as for the purpose of improving services and the content of the Sites, as well as for prevention of abuse and for statistical purposes.
Like many site operators, we collect information that your browser sends whenever you visit our Site ("Log Data").
This Log Data may include information such as your computer's Internet Protocol ("IP") address, browser type, browser version, the pages of our Site that you visit, the time and date of your visit, the time spent on those pages and other statistics.
In addition, we may use third party services such as Google Analytics that collect, monitor and analyze your behavior on the website.
We may also collect data about the device you're using to access our website. This data may include the device type, operating system, unique device identifiers, device settings, and geo-location data. What we collect can depend on the individual settings of your device and software. We recommend checking the policies of your device manufacturer or software provider to learn what information they make available to us.
We may use your Personal Information to contact you with newsletters, marketing or promotional materials.
The information we may for includes:
First and last name, email, social media profiles, date of birth, phone number, mailing address.
Cookies are files with small amount of data, which may include an anonymous unique identifier. Cookies are sent to your browser from a web site and stored on your computer's hard drive.
Like many sites, we use "cookies" to collect information. This helps us serve you content based on preferences you have specified. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our Site.
The security of your Personal Information is important to us, but remember that no method of transmission over the Internet, or method of electronic storage, is 100% secure. While we strive to use commercially acceptable means to protect your Personal Information, we cannot guarantee its absolute security.
Collection and use of information
We may collect, hold, use and disclose information for the following purposes and personal information will not be further processed in a manner that is incompatible with these purposes:
to enable you to customise or personalise your experience of our website;
to enable you to access and use our website, associated applications and associated social media platforms;
to contact and communicate with you;
for internal record keeping and administrative purposes;
for analytics, market research and business development, including to operate and improve our website, associated applications and associated social media platforms;
to run competitions and/or offer additional benefits to you;
for advertising and marketing, including to send you promotional information about our products and services and information about third parties that we consider may be of interest to you;
to comply with our legal obligations and resolve any disputes that we may have
Disclosure of personal information to third parties
We may disclose personal information to:
third party service providers for the purpose of enabling them to provide their services, including (without limitation) IT service providers, data storage, hosting and server providers, ad networks, analytics, error loggers, debt collectors, maintenance or problem-solving providers, marketing or advertising providers, professional advisors and payment systems operators;
our employees, contractors and/or related entities;
courts, tribunals, regulatory authorities and law enforcement officers, as required by law, in connection with any actual or prospective legal proceedings, or in order to establish, exercise or defend our legal rights.