Will Crypterium (CRPT) be the Cryptocurrency Bank We All Use?

Crypterium (CRPT) is a digital currency banking platform that finished its wildly successful ICO earlier this month. People who participated in the token sale, which was launched on the Ethereum (ETH) network and ended on January 6th, have already started receiving their Crypterium coin dispersals. That means that they are just starting to hit smaller exchanges – like EtherDelta and Idex.

This blockchain-based venture is setting out to be the global go-to cryptobank. It is working on a worldwide payments ecosystem, where there are no physical cards. Users will pay using digital currencies like they do with fiat currency nowadays. But with Crypterium, it can all be controlled with an e-wallet. There will be loyalty programs, cashback rewards, a cryptocurrency software AppStore – and even blockchain-based loans.

It’s a pretty ambitious project, but the team that’s been working on this venture are on their way to successfully building a global cryptopayments infrastructure that we can all use easily.

Oh, and one of the co-founders of Techcrunch said that Crypterium is likely to be “the next big thing.” He’s actually an advisor to this company.

Here’s why we think that’s his prediction could actually be right:

The Crypterium ICO went extremely well

The Crypterium ICO began back on October 31st – when they hit their hard cap of $3.0 million USD in just 5 hours. They hit the hard cap of $47 million on January 6th, a full week before the end of the token sale. That makes this one of the biggest ICOs, especially compared to other token sales that began in late 2017.

The Crypterium coin is already trading upwards

Could the Crypterium coin be one of the big gainers of 2018?

This cryptocurrency has already hit EtherDelta, where it’s trading for about 0.002 ETH apiece at the time of writing. It has only just hit these exchanges, because – according to the Crypterium reddit page – ICO buyers have only just started getting the tokens they bought deposited into their ERC20 wallets in the past two days or so. The token allocation period lasts until January 25.

For those of you that participated in the Crypterium ICO, the fact that it is selling for 0.002ETH (about $2.08) means that they’re investment has almost doubled. The token sale price was 0.0001 BTC – about $1.14. If they got a bonus as part of the token sale, then they’ve scored even more capital gains.

According to Crypterium’s site, tokens will get listed on non-Ethereum network exchanges from February to March.

Crypterium (CRPT) is Developing Something We Actually Want and Need

Imagine having an app where you could manage all your cryptocurrency holdings, make transactions, and do anything you could do with a fiat currency-based retail banking app. It will be a mobile cryptobank that even features loyalty programs and up to 50% cashback. And, obviously, it will include contactless payments.

crypterium coin crypterium ico crypterium (crpt)
crypterium.io

Users can register, then immediately get a virtual card that can be used like any other debit card. Token holders on the network will all get rewarded with the platform’s commissions via a cashback system. On top of that, payments will be instant (either fiat or crypto) – there will be no need for exchanges.

That’s certainly an app that we’d like on our phones. Can you picture just tapping your smartphone at a cash register and deducting the payment from your e-wallet instantly?

We think that this app has some serious potential to become the next big thing, so we can only imagine that the price of the Crypterium coin will rise over the long-term.

Did you participate in the Crypterium ICO?




Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

SHARE
Previous articleWhat is the QTUM (QTUM) Coin and Is It a Good Buy?
Next articleCindicator (CND): Fusing Blockchain, Human Intelligence and AI
Tim is a graduate of the University of California Los Angeles, where he has a B.A. in Global Studies with a minor in Geography/Environmental Studies. He worked for nearly two years as a Research Associate at a top investment banking software provider. He then began working as a freelance writer, covering stock market news and writing corporate content. He has been investing in and researching cryptocurrency for about a year, and has been blogging almost daily on the topic since mid-2017. Tim has contributed to both LiveBitcoinNews.com and CCN.com.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here