Public Crypto BLOG: Crypterium - Dedicated Cryptobanking Service

Crypterium is a dedicated cryptobanking services, which provides cryptocurrencies to mainstream everyday its users. With Crypterium, all of the benefits of cryptocurrency, such as lower transaction costs, speed of payment, removal of national boundaries and so on, become real. There are already 3 million daily users of cryptocurrencies, a number that is expected to exceed 200 million by 20256. The demand for cryptocurrencies exists now and will grow at an annual CAGR of ~70% for the foreseeable future.

Global demand of cashless payments continues to rise at such a rate that the end of cash as the payment of choice is now a stark reality. The number of worldwide cashless transactions was over 430 billion in 2015 whilst the rise of mobile payments is expected to exceed $3.8 trillion by 2020. As people change the way that they interact with money, we have also seen the introduction of a brand-new form of money, cryptocurrencies. It is less than 10 years since the creation of the Bitcoin, the world’s first digital currency that in turn built a brand new financial ecosystem called the blockchain. Today there are over 1,000 digital currencies, known as cryptocurrencies, and that number is growing every day.

The potential to satisfy this demand is perhaps the most exciting banking development of the past 100 years and the prize for those who are successful is a place on the global banking landscape at a rate of growth and a worldwide presence that can never be matched by any traditional banking development plan.

Over the past 5 years, the team at Crypterium has been building the platform on which its cryptobanking services will be launched. The next stage in our development will be the release of a cryptobanking payment platform that will in turn will its own cryptocurrency - CRPT, to feed the transactional process. This platform will be ready for the release at the end of Q4 2017 - early Q1 2018, and we aimed on developing it in future. This Whitepaper highlights the key stages and features of Crypterium payment solution and the future trajectories in which our products will be developed.

Crypterium Goal

Crypterium is a contactless cryptobank for everyone Everything you need in your smartphone: payments, transfers, currency exchange, instant loans. Crypterium's goal is to provide a complete vertically integrated service that encompasses the best ideas from the entire community of the world's best blockchain enthusiasts.

Crypterium Advantages

No more wait times for your card to be issued. You will get your virtual card just after registration.
No limits on transaction volume. Seriously, no limits in crypto or ﬁat.
No need for currency exchanges. Instant payments in ﬁat money or cryptocurrencies internationally.
Integration with third-party payment wallets or services (PayPal, Gyft, WeChat, Alipay, PayTM)
Loyalty programs and cashback for every transaction, increased cashback for token holders.
Contactless payments options – ApplePay, SamsungPay, AndroidPay, QR code mechanics and many others.

Crypterium Features

Mobile Cryptobank

Instant cryptocurrency payments without limits in 42 mln stores
Loyalty programs and cashback
Contactless payments via NFC, QR, ApplePay, AndroidPay

Cryptocurrency Acquiring

Solutions for every sphere of retail trade and services
Native integrations with POS software
Crypto-to-fiat settlements

OpenAPI Platform

AppStore for retail cryptocurrency software and solutions
Own decentralized server infrastructure
Third-party integrations – Easy!

Blockchain Based Loans

Instant loans anywhere in the world
Combination of current scoring systems and smart contracts
Uniﬁed exchange for liquidity and lowering risks

Crypterium's technology platform is based on algorithms that ensure the most efficient bid-offer matching across natural peer-to-peer flow as well as third party crypto-exchanges. All historical transactions are stored in a dedicated data-warehouses that continuously analyses the data to enhance risk management and identify predictive behaviours, and in turn enable Crypterium to optimize the cryptocurrency exchange process and better educate the customer on possible payment strategies, for example, it may highlight different payment mixes depending on the current cryptocurrencies valuations. In other words, everything possible is done to ensure that the customer gets the best deal.

Token Information

Token Name : CRPT

Token Price : 0.0001 BTC / CRPT

Token Sale Start Date : 31 October 2017, 10:00 AM (UTC-4)

Term of token sale : 75 days with the possibility of an automatic early completion in pursuing the final goals of ICO

Expanded goals after start of ICO : Impossible

Technical limitation of number of tokens : 300 000 000

Adjustable emission : All unsold and unallocated tokens will bе destroyed and additional release оf tokens will not be possible

Secured ways to purchase tokens : Bitcoin (ВТC), Ethereum (ETH), fiat payments

Mincap : $3 million USD, all funds will be returned

Hardcap : $47 000 000 USD

Unsold and unallocated tokens will be destroyed

Token Sale Bonus

Tokenholder benefits

CRPT— “GAS” in Crypterium transactions

0.5% from every transaction in CRPT tokens is “burned” forever for conducting the transaction. “Burning process” is decentrally regulated by smart-contracts. 0.5% will be calculated based on current exchange rate.

The purchase of tokens during the ICO is the guaranteed way to use Crypterium settlements and purchase CRPT token for fixed price. Users, who has no tokens will have to buy CRPT tokens from tokenholders to use Crypterium ultimate banking possibilities. Crypterium is aimed on list it’s token on exchanges after ICO to support and enlarge userbase.

CRPT supports users and tokenholders

MLP (Monthly Loyalty Program), Up to 30% of Crypterium’s transactional income forms the Monthly Loyalty Program which is aimed on stimulating users to make more transactions via Crypterium and also to encourage especially active users. Loyalty rewards are made in CRPT tokens, which are purchased by Crypterium from public and private exchanges based on the current exchange rate at the time of purchase. Each user’s loyalty rewards depends only on the amount of transaction he/she is made during the month in Crypterium services.

Platinum 50%, 25 000+ CRPT necessary ownership amount
Gold 35%, 8 000+ CRPT necessary ownership amount
Silver 10%, 1+ CRPT necessary ownership amount
Bronze 5%, No necessary ownership amount

The distribution will occur this way: imagine that in the platinum group are 1,000 tokenholders, who made transactions for $1,000,000 in total. At the same time, one of the tokenholders made transactions for $10,000, therefore making 1% of the total volume of group's transactions. This means that he will receive 1% of the volume of the token fund in CRPT tokens, which in dollar terms will be $7,500 dollars. This is a good motivation to make further transactions.

CLICK LINK BELOW FOR MORE

Crypterium Site : https://crypterium.io/

Crypterium ANN Thread : https://bitcointalk.org/index.php?topic=2214098.0

Crypterium Telegram : https://t.me/crypterium