BETA TESTING COMPLETED

Our team have completed the beta phase successfully.

September 8, 2019 – We are proud to announce that we’ve successfully completed the beta phase.

The EBT62 and KLG100 reward options are no longer available for new deposits. Expect new announcements about Kovrita tokens and new reward options soon!

A BIG THANK YOU to all our beta testers for their valuable feedback.

 

Kovrita Project Team

Discuss Kovrita

 

###

Open Invitation for Language Translators

Open Invitation to Kovrita Platform Users with Good Grammar Skills in World’s Languages to Deliver New Ideas Across the Globe.

 

August 7, 2019 – The main website is now available in Japanese, Chinese and Russian languages. Whether or not you are a professional translator, our team welcomes everyone with good grammar skills in any of the World’s languages to contribute by correcting our Google translated, current and future “Kovrita Pages”. This is exactly what the collective writing is all about!

Notably, while the original plan of the team was to have the website translated to other languages professionally or by the community, the final decision was to pay tribute to “Google Translate” services for the impressive achievements with their corresponding Artificial Intelligence (AI) program, which powers this service. Such a decision was made while our team and early backers group began working preparing files for translation and many people easily noticed that automatic translation by Google has significantly improved during the last few years.

If you wish to make translation corrections, please start a topic at Discuss Kovrita community forums.

To switch the website language version, please use the flag-icon in the top-right area on the main page.

 

Kovrita Project Team
Discuss Kovrita

 

###

Tether and BTC Conversion Bonus

For a Limited Time, Kovrita is Offering Special Bonuses for Deposits of Tether and BTC for their Further Conversion to USD Assets.

 

July 17, 2019 – Project’s initial primary objective is to create solid collateral hedging for Kovrita US Dollar coin (USDk) with more reliable and diversified US Dollar sources, including other USD stablecoins. Another important objective is to generate sufficient Ether liquidity pool for our main ETH/USDk swap contract. To meet these objectives, it will be necessary to convert a significant portion of raised digital assets into fiat money equivalents. Kovrita will be using Tether and BTC as its primary conversion tools while it is preparing all of the necessary infrastructures for building its “cryptocurrencies basket” collateral in the upcoming weeks.

 

In addition to the main project’s Staking Rewards Opportunities, we are offering extra 1.62% bonus for all USDk stablecoin purchases made via Tether and BTC. Such bonuses are offered independently of the main project’s staking rewards options, but they will effectively boost such rewards if a user chooses to participate in staking.

 

Kovrita Project Team
Discuss Kovrita(c)

 

###

We Are Hiring

Kovrita is Inviting Entrepreneurs, Various Cryptography Professionals and Enthusiasts to Join the Project.

July 16, 2019 – Under the auspices of vast Kovrita project’s goals, we are inviting various professionals and cryptocurrency enthusiasts on a continuous basis. Join the Kovrita project team and community, as a volunteer or paid contributor. Let’s make every possible effort together, to make Kovrita a community project.

We are inviting:

  • Cryptocurrency, blockchain, and Open Source software enthusiasts and supporters, interested in advancing the applications of these technologies and approaches, especially those who consider themselves intellectually more advanced than the concept of a “hodler”.
  • Mathematicians, statisticians, theorists, and practical philosophers to join the team and/or to participate in the project development, roadmap planning, and project economics. You are a person or an organization who/which may be interested in exploring the data and market trends for various analyses and mathematical modeling.
  • Ethereum smart contracts experts for the in-house contracts creation, modification, validation, and audit. Software engineers, developers, and coders of all levels, to contribute to further development of Open Source Decentralized Exchange platform.
  • Support personnel, writers, editors, publicists, and translators, for (1) general project support and (2) to create and continuously update project documentation and to share and promote its functionalities, advances and case studies.
  • Certified and/or proficient in their local jurisdiction attorneys and other legal affairs oriented professionals, to assist in the formation of new, local, third-party crypto space businesses and/or to take on the more involved role in everyday operations of such businesses. Recent law graduates are encouraged to apply. Kovrita project may help you start your own law firm in this new and exciting field of practice – cryptocurrencies and blockchain.
  • Independent, local in your country Kovrita company representatives to establish its distributed legal and global presence as licensed and registered software development company and/or as a third-party custodian of project’s digital, financial and other types of assets, in order to fulfill its decentralization model.
  • Current business owners who feel that tokenization, stablecoins backing, or blockchain technology in general, can improve their business operations. Contact us for consultation if in doubt or to submit your proposal for a new startup business, for the prompt review.

Please visit the “We Are Hiring” section of the website regularly for current openings and other changes and updates.

Kovrita Project Team
Discuss Kovrita(c)

 

###

KOVRITA.IO Beta Launch

Kovrita Decentralized Hedged Stablecoins Project has Officially Launched its Beta Product.

July 16, 2019 – Kovrita platform is now fully operational and is open to the public for beta testers, referral enthusiasts and those who would just like to learn more about our project. Become an early system adopter to earn the maximum in Kovrita rewards, hedged by digital assets which you can withdraw. Get rewarded for participating in the organic platform growth, using your personal referral link and spreading the word. Help to finalize the platform’s documentation and facilitate community building process by simply asking questions.

Here are some of the beta testing tasks:

  • Kovrita platform is fully operational, tested to a great degree, user account area interface already contains basic instructions, and all functionalities are mostly self-explanatory. However, we would like to collect as much technical and practical feedback from our beta testers as possible. We would like to keep improving the platform’s ease of use, even by the people completely new to the crypto space. So, spread the word, post your Kovrita referral link on social networks.
  • There are over 130 cryptocurrencies and tokens supported by the project, in order to create its “crypto basket” hedging backbone. Bring in your favorite coin for a test run, or just login to see the full list if you wish to learn more about what they are.
  • If you are good at writing and explaining things, and/or if you can translate texts to foreign languages, you can make a significant contribution by becoming part of our growing team and start earning. For example, viewing of documentation pages and various articles by the website visitors can be tracked and quantitatively measured for rewards purposes. It is also worth mentioning that we do have a lot of things we would like to communicate to the public in the upcoming months, as the project is undergoing its development phase and our community is growing.

Kovrita Project Team
Discuss Kovrita(c)

 

###

Expanding Cryptocurrencies Basket

To Diversify and Expand its Cryptocurrencies Collateral Basket, Project’s Development Team Added over 130 coins to the Platform for Testing

June 22, 2019 – With the dual goal of (1) increasing the number of cryptocurrencies hedging the Kovrita US Dollar, per its collateralization model and (2) preliminary selection of coins to be listed on project’s upcoming decentralized exchange (DEX) platform, Kovrita developers team has added over 130 cryptocurrencies to the platform for testing.

The selection of added cryptocurrencies was made following simple, but practical criteria:

  1. The list of coins was sorted by the current top coin market capitalizations.
  2. Ease of creating the wallet functionality, to support automated coin transactions to and from multiple users, simultaneously.
  3. Possible suitability of any given coin for the decentralized “Ethereum Tokenization” and subsequent listing on the upcoming Kovrita DEX platform.

 

Kovrita Project Team
Discuss Kovrita(c)

 

###