On the very first day of its ICO, Crypterium managed to sell its CRPT tokens for an impressive $7.5. This is the Presale phase of the ICO, with all the funds collected to be used to build a complete, vertically integrated service that encompasses the best capabilities of blockchain technology to solve the complex issues of using cryptocurrencies in the real world. The service will be available in late January.
The Crypterium team is focused on developing innovative solutions in three areas: use of cryptocurrencies by individuals for everyday purchases, a revolutionary infrastructure for cryptocurrency acquisition by businesses (including with the transfer of fiat currencies to sellers), and simplified procedures for receiving crypto loans, all while retaining open access to its cryptobank platform for outside developers. Crypterium, a revolutionary digital cryptobank with a credit subtoken and an open platform, is conducting its ICO, which started on October 31, 2017, and runs for 75 days, to offer its supporters both early access to its services and certain incentives for joining. “We will only issue tokens during the ICO, so people who have not purchased them, but would like to take advantage of what is possibly the most convenient banking experience in the crypto world, will have to somehow get them from current token holders” – said Austin Kimm, co-founder of Crypterium.
“$7.5 million in Pre-Sale demand gives Crypterium’s business model a firm vote of confidence from the blockchain community,” says Steven Polyak, Managing Director and Crypterium co-founder. “Right now, cryptocurrencies are not the financial instrument of choice for paying for the most routine purchases. The platform we are developing will offer the market a powerful and secure solution through which clients will be able to use cryptocurrency in the same scenarios in which they’re accustomed to using ordinary money. It should be mentioned that the CRPT token has unique properties. It is the only way for a user to actually perform a Crypterium banking transaction, as a fixed small share of the CRPT is “burned” during the transaction as fuel for the decentralised engine.” he concludes.
The project advisors, among whom are such renowned blockchain personalities as TechCrunch co-founder Keith Teare and ICOBox co-founder Mike Raitsyn, are excited about the early results. “The project’s soft cap was set at 500 BTC. We are very pleased that it was reached in the first day of the Crypterium ICO,” says Keith Teare.
Crypterium’s Presale started on October 31, 2017, and will run until November 6, 2017. The Presale offers four tiers of bonuses depending on the number of tokens purchased. The next stage of the sale, which will commence on November 7 and will go on until November 27, will offer lower bonus amounts. The no-bonus sale will start on November 28, 2017, and end on January 13, 2018.
More information about the project can be found at https://crypterium.io.