Clarity

The Clarity project https://clarityproject.io/ develops a small business application for small business owners to help them organize and safely store their business records, as well as gain access to loans and investments that they usually do not have. The company also issues its own crypto currency, the CLRTY token, which is used to finance the development of the project and will ultimately be required to pay for the service subscription.

Who is behind the Clarity project?

The Clarity project team is based in the UK. Four company managers have extensive management and financial experience, although their biographies in the project's technical document do not mention any prerequisites for software development.

The company's road map notes that its executive team takes part in numerous conferences around the world devoted to blockchain technologies. However, the company still has fewer than 500 subscribers on all pages of its social networks and does not seem to receive any significant coverage in online publications. The project is likely to attract more attention, as its ICO will continue its activities and begins to produce its product.

Road map 

How the project will work Clarity Smart Business Blockchain Data Manager

The main product of the Clarity project is a block-break designed to store financial and business data, including employee contracts, insurance forms, bank records, regulatory reports and much more; the company claims that virtually any business document can be stored on its block-chain.

The company develops APIs for integration with QuickBooks, Xero and other popular accounting software, which simplifies the transfer of existing documents to the system. All user data is completely encrypted and anonymous, and users can control how they are divided.

While users can simply rely on the Clarity project as a secure storage system, the main utility of the platform is its software for comparing and analyzing anonymous financial data of users. The platform includes functions for creating insightful diagrams, comparing performance with other companies in the same industry and sharing this data with creditors and investors who seek to support a small business.

The Clarity project platform will require a monthly subscription, which must be paid using the system's internal crypto system, the CLRTY token; both users and investors must pay for access to the platform. However, the company notes that it plans to introduce a "light" or trial version, which will be available for free.

More about ICO project Clarity 

The internal crypto currency of the Clarity Project project, the CLRTY token, is built using the ERC-20 standard, and it looks like its ICO only accepts Ethereum. The company's ICO will begin in early July 2018 (they do not specify the exact date) and will end on November 22 of the same year.

The ICO will be divided into five rounds with significant discounts for earlier buyers; in the first round, one Ethereum will buy 3 000 CLRTY tokens, while in the fifth they will only buy 700. The official document of the company mentions in passing that a private pre-sale has already taken place.

240 000 000 Clarity tokens will be created, and almost all of them - 220 000 000 - will be sold to the public. The company says it will implement a "buy-and-burn" program to ensure the stability of the value of the currency, which will continue regularly for several years, until only 20 million CLRTY tokens are available.

White Clarity says that the company will complete a charitable donation for every purchase of tokens; investors can vote for whether they want the company to focus on planting trees, keeping girls in school in developing countries or training entrepreneurship in poor communities.

Distribution of tokens

Business will not find much use in the Clarity project system if they just use it for secure storage - there are many free encryption software, but if its analysis software provides valuable information or its credit platform helps to link them to investors, the platform can be a very valuable tool.

Nevertheless, the company and its product are still very early developing: they do not begin actual work on the platform until the second quarter of 2019, and plan to launch a preliminary version at the end of this year. Investors in the CLRTY token should investigate the demand for the platform and believe that they will not profit from their investments for at least one year.

To contribute and know about the progress of this campaign, you can visit some of the following links: 
Website -  https://clarityproject.io/
Whitepaper - http://clarityproject.io/wp-content/uploads/2018/06/whitepaper -v1.7..pdf
ANN thread - https://bitcointalk.org/index.php?topic=4479431
Twitter - https://twitter.com/theCLRTYproject
Facebook - https://www.facebook.com/theCLRTYproject/
Telegram - https://t.me/theCLRTYproject

Author:dhavid19

Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1795848