The Nauticus Initial Coin Offering is the first step in the company’s bold vision for six global banking and eCommerce solutions utilizing blockchain technology. ICO backers will be able to use and trade their Nauticus Coins immediately on the new Nauticus cryptocurrency and fiat exchange. The Nauticus Exchange is in the final stages of development and is due to open in mid-2018. When it opens it will offer 100 crypto and six fiat currencies (USD, EUR, JPY, HKD, AUD, and ZAR) Nauticus is also establishing a sustainable blockchain mining center that will provide revenue, and a sizeable amount of server capacity to ensure ultra-fast processing for all users of Nauticus services. The center will use renewable energy.
Profits will be reinvested in the business to support the development of a low-cost eCommerce marketplace, along with merchant and peer-to-peer payment options. These new platforms will be underpinned by the Nauticus Coin, Exchange, Mobile App and Wallet.