|Total Supply:||(300,000,000 CRPT)|
What is Crypterium?
Crypterium is a crypto currency banking and management platform. The platforms goal is to provide a complete vertically integrated service including mobile crypto banking, acquiring cryptocurrency, utilizing APIs and third party integrations for easy business payment solutions. They also provide block chain based loans so you can take instant loans anywhere in the world. Their members are experienced digital payment professionals coming from innovative Fintech sectors across Europe, with more than 10 years’ experience developing digital payment solutions.
Steven Polyak is the managing director and is a highly experienced investment banker with focus on USA and Russian capital markets. Austin Kimm is the IR director who created the renaissance insurance group Russia which has over 3000 employees and almost a billion in annual insurance premiums. Many of the other team members have years of relevant experience in digital payment systems, as well as a strong advisory board. When combined, the team has already attracted more than $50m of funding into Fintech projects they have created. Examples of such are the PayQR contactless payments in Russia, the digital sales platform Workle which has 1.5m customers, and the digital loyalty program Bonus Club.
- Crypterium token CRPT
This is the core of all transactions made in Crypterium banking platform. No payment can be conducted without CRPT. Its main goal, regulated by smart-contract, is to stimulate token holders to use Crypterium in their daily life, and to attract new users to Crypterium. The only issue of CRPT tokens will be during the ICO, which in fact is the pre-sale of Crypterium services usage opportunity. Crypterium in future is planning to list its tokens on cryptocurrency exchanges to enlarge user base and fulfill users’ expectations to provide the most comprehensive services.
- Crypterium CRED sub token
The sub-token CRED gives people using the Crypterium system the ability for full-fledged loan interactions with a distributed ledger technology. If you want credit, you just obtain a Crypterium credit currency loan underpinned by a smart contract. You can exchange those CRED tokens into your currency of choice and use your funds. When it is time for repurchase at the end of the loan period, the borrowers repays the loan in CRED tokens by purchasing the tokens from the exchange. Liquidity is guaranteed by Crypterium using its capital to reduce volatility and adjust interest rates, and the obligation to repay loans in CRED will ensure liquidity and demand of the CRED token on cryptocurrency exchanges.
- Permanent Loyalty Reward
Today all merchants are charged for acquiring services, whether this is Visa, MasterCard, American Express etc., measured as a percentage of the payment they receive. Some of these fees can be as high as 5% to 6%. With Crypterium ecosystem, merchants will pay back 0.5% – 1% from their turnover, 0.15% of this turnover will go to the Monthly Loyalty Program to thank purchasers for making transactions. The higher volume of transactions a purchaser makes, the higher loyalty rewards he or she will be given.
About Crypterium ICO
Crypterium is doing a token sale for the distribution of their CRPT tokens. 70% of the total ICO distribution is going to ICO participants, with the options for ICO partners to acquire up to $1m in tokens at the initial offering price valid for 1 day after the ICO. 15% of the tokens are deferred for additional funding which may be released gradually on the crypto exchanges to support further development; the other 15% are distributed amongst the founding team and management, for the partner advisors and for the marketing campaign team.
Any unsold tokens will be destroyed and there will be no more additional tokens. The ICO started on October 31st and you have a chance to get 25 free tokens if you sign up at Crypterium.io before the ICO. Cost of 1 CRPT is 0.0001 BTC with a hardcap of $47 000 000 USD and 75 days with the possibility of an automatic early completion in pursuing the final goals of ICO.
Distribution of Tokens
Crypterium ensures the existence of tokens in the ownership of people who will purchase tokens no later than 25th January 2018 (23:59:00 UTC-4), in case of providing by that people all the necessary account details. Distribution of tokens can be conducted before 25th January, but tokens will be inactive for usage and transfers. All possible functionality of tokens will be active on 25th January.
The advantages of Crypterium
An analysis that compares Crypterium to previously announced crypto banks based on the intended functionality of the ecosystem once it is complete.
- Wide range of crypto currencies and digital assets, not just Bitcoin.
- In addition to the standard compatibility with existing payment systems, developing its own settlements infrastructure.
- Using payment systems infrastructure for card to card transfer and withdrawal /depositing cash at ATMs, not just online and offline payments.
- For buying and selling Cryptocurrency and digital assets, as well as exchanging them with each other to develop a private market.
- Loyalty Cash-back program.
- Ability to use tokens of any completed audited ICO, where those tokens are traded on public exchanges.
- Payment calculations within 3rd party mobile payment services (Apple Pay, Samsung Pay, Android Pay, etc.), and not just restricted to virtual or plastic cards.
- Compatibility with the payment systems of Asia (the largest Cryptocurrency market in the world) (UnionPay and JCB), not only Visa / MasterCard / American Express.
- Protocol solutions for the safe automatic withdrawal from authenticated Cryptocurrency storage and digital assets (e.g. third-party wallets), not just ERC20 standard token.
- Own settlement infrastructure supports instant conversion of Cryptocurrency to fiat cash for recipients without further actions by the recipients, not just Crypto 2 Crypto and fiat 2
5 reasons why you should buy CRPT
- Limited offer
- Constant demand
- Loyalty rewards
- Compliance with SEC regulation
- Technical brilliance.
In 8 years’ time, the crypto-economy will exceed 10 trillion dollars. Cryptobanks will become a cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities, creating new cryptocurrency payments scenarios and lowering interest rates. Crypterium is a cryptobank creating the future, today