CUTcoin

CUT tokens:
CryptoNote Tokens

by CUTcoin Team

CryptoNote-based tokens. The new standard
for the DeFi projects focused on privacy.
Privacy merged with exceptional math skills.
Introducing Privacy Focused Tokens
Confidentiality is one of the factors that most pushed the world of cryptocurrencies. Indeed, the protection of privacy is important: there are no data more sensitive than our payments, they are an indicator of our personal wealth, and they reveal our preferences, even more intimate and personal.

With the uprise of decentralized finance, a protocol for privacy tokens must be presented. And here we come with CNT-1.

CNT-1 in three words
Exceptional privacy
The RingCT protocol (CryptoNote heritage) hide all transaction amounts
Essential reliability
Using Bulletproofs verifying inputs and outputs and avoid double spending
Technology evidence
Process of CNT creation is absolutely simple and realiable.

Technical summary

CNT-1 is a named entity that represents a specific value. Once created, a token can be owned or sent to another owner. No token duplicates (tokens with the same names) are allowed.
1- 200 000 000
CNTokens possible supply
10 blocks
Spendable age
100 CUT
Standart fee
Possible Use cases
Privacy-preserving voting
The blockchain allows replacing ancient voting technology and enables trusted results, i.e. confidence in the election results is formed not at the expense of a centralized authority, but as a result of confidence in the technology
Commodities digitalization
Tokenization of assets is already disrupting in the financial industry, but also real-estate, precious metals, sports teams, energy, luxury goods and more. But the specific thing about tokens built on the CUTcoin infrastructure the total number of tokens is concealed
Alternative investments
These commodities can be tokenized with CNT-1 tokens, and the possessions of rights easily transmitted / traded via decentralized exchange. Given that the very fact of possession of this asset or a part of it remains hidden
Company rewards
Possibility to reward distinguished employees with bonuses, turning them into money, when the financial results of the company are known. In that case, it's possible to distribute tokenized stock options of the company (if it's public) or stakes of the future income