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Is Crypterium ICO A Scam Or Not? Crypterium Review

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There has been a dramatic rise in the Alticoin(cryptocurrency) token sales(ICO) to the extent that is has become impossible to distinguish between a legit ICO and a scam.
Investing in token sales has become a game of try and error.
Most of these token sales are crap and up to no good anyway.
But hey, these token sales are very cheap to acquire thus it pays to cast your net; you might catch a big fish of an alticoin.
I do not invest in every ICO I hear about, but people do, and yes they do make profits, and lose money as well.

Often times, one good ICO out of a 20 ICO investment, could pay about 100 times the money lost.
This however, is not my way, but you could give it a shot.
The only ICO I invested in was Electroneum.
After the Electroneum ICO, another token sale that is gradually making the headlines is Crypterium.
Whether or not it would be worth it to invest in Crypterium is a matter of trying your luck; just use your discretion.
If it goes well, you will make money.
If it doesn’t, well, you will waste money.
Anyway….

What​​ is​​ Crypterium?

Crypterium is a revolutionary digital cryptobank with credit subtoken and open platform. Our goal is to provide a convenient banking experience all over the world using the power of blockchain technology and our experience in contactless mobile payment technologies.

How​​ does Crypterium ​​make ​​money?

Crypterium has a simple and sustainable transaction-based business model. We receive a profit from every merchants (not user) transaction.

How does Crypterium differ from other cryptobanks?

  1. We focus on contactless payments, because we believe that in the future plastic cards will not be needed. You can use our payment app right after installation, without a need to wait 2 weeks for your plastic card to arrive.
  2. We are focused on transactions. Our main goal is to create our own crypto-payment infrastructure based on blockchain technology that will significantly reduce the cost of transactions for merchants. We are confident we will achieve this task, because we have extensive experience in creating viable payment solutions.
  3. We are focused not only on working with the existing crypto community, which now consists of just a few million people, but also with an audience that is still only curious about the crypto-world and is afraid to buy crypto-currencies. We created a system, which will motivate millions of new users to connect with crypto-payments.

How about fiat services? Do you plan to work with fiat? If so, where do you plan to get the license?

In the beginning we plan to operate fiat transactions using the infrastructure of Visa/MasterCard linked to our application virtual cards which are issued by licensed banks-partners. Regarding the development of our own payment infrastructure, in some countries this service should get permission easily. We have several operational legal units in different countries, including in Estonia.

Interested? Click Here To Sign Up And Buy Crypterium.

What is the difference between CRPT token and CRED subtoken?

These tokens have different emission types and purposes. Emission of the credit subtoken will be controlled by special algorithms. CRPT token emission is limited and carried out only once.

ICO

Which​​ crypto​ ​exchanges​ ​will ​​be​​ chosen?

It is hard to tell at this moment, but we plan to list the CRPT token on several top-tier exchanges.

When​​ will ​​the ​​token​ ​start ​​trading ​​on ​​crypto ​​exchanges?

This should happen one to two months after the end of the tokensale, which ends in mid-January 2018 (or sooner, if the token issue cap is reached).

What​ ​are ​​the ​​conditions ​​for ​​the pre-sale?

The pre-sale starts on October 31 and ends on November 6. You can receive up to 33% in token bonuses.

What​ ​are ​​the ​​conditions ​​for ​​the tokensale?

The tokensale starts on October 31, 2017, and ends on January 13 (or sooner, if the token issue cap is reached). The minimum amount of tokens purchased during the tokensale is 1 CRPT token. The bonus during the tokensale is up to 33% of the purchase. To buy tokens, you will be asked to sign up at our website. The purchasing option will be available in your profile.

Which ​​payment ​​methods​ ​are ​​accepted?

Bitcoin (BTC), Ethereum (ETH) and other cryptocurrency and tokens supported by CoinPayments.net.

Are​​ CRPT​ ​tokens ​​ERC-20 ​​compatible?

Yes, CRPT tokens are based on the Etherium platform and are ERC20-compliant.

Where and how do I keep my tokens?

You can keep CRPT tokens in any wallet that supports ERC20 tokens. For example, in the MyEtherWallet.

How​​ many ​​tokens​​ will​​ be​​ available ​​during​​ the​​ token​​sale​​ and how​​ many ​​will ​​be ​​created​ ​in​​general?

The number of sold tokens cap at 210.000.000. Number of issued tokens cap at 300.000.000. For every 70 tokens sold, 15 additional tokens will be issued and retained for the reserved fund,

12 additional tokens will be issued and retained for the team, partners, and advisors, and 3 additional tokens will be issued and retained for the bounty program.

If​​ the ​​hard​​cap​ ​is ​​not ​​reached​​ during​​ the​ ​token ​​sale, ​​will ​​the remaining​​ tokens​ ​be​ ​destroyed?

Yes, the remaining tokens will not be issued.

Do you have a bounty program? Where can I find the bounty program details?

Yes, we do have a bounty program. More information about the program will be published on our blog on Medium (https://medium.com/@crypterium_io).

This sounds like a scam — how do I know this is legit?

We are not a scam. We have a solid fintech-experienced team with a public success-story. With the help of strong advisors and your support we have everything to build a game-changing product.

What if the minimum milestone is not achieved?

If the first milestone is not achieved by the end of the ICO all investments will be refunded.

When does the ICO start?

The ICO launches on October 31st 10:00 AM UTC-4 and will last for 75 days, ending on January 13th 10:00 AM UTC-4.

What is Crypterium’s tokensale hard cap?

We will not accept funds above 47 000 000 USD.

Can I contribute directly from an exchange?

Yes, you can.

In which countries can I use Crypterium?

You can use Crypterium Mobile Bank globally.

What exchange rate is used?

For the ICO we will use CoinPayments.net as a rates data provider.

Is there a lock up period for the team and reserved fund tokens?

Yes, the lockup period is 12 months.

How can I make sure that tokens will be given to me? Is there a contract?

There will be a public purchase agreement soon. After the end of ICO every participant will receive tokens to their ETH wallets in accordance with the purchase agreement and Ethereum-based smart-contract.

If you did not meet or gain your target money investment, what will happen?

In the unlikely event that the first token goal (3 mlns USD) is not achieved, all funds that were acquired will be returned in full to their prospective purchasers.

Are there any special bonuses?

Questions about bonuses are reviewed on the individual basis by our leadership team. Please, send us an email to ir@crypterium.io

Is there a minimum amount of tokens I can buy?

There is no lower limit. During the tokensale you can purchase 1 CRPT token

When​​ will ​​the ​​tokens​ ​start ​​trading ​​on ​​crypto ​​exchanges?

This should happen one to two months after the end of the tokensale, which ends in mid-January 2018 (or sooner, if the token issue cap is reached).

 Interested? Click Here To Sign Up And Buy Crypterium.

 

About karisma

Emmanuel Osei aka Karisma, is a blogger, a/an network/online marketer, and a content creator. Emmanuel studied Public Administration at The University Of Ghana Business School. After four years working experience in the shipping industry, Emmanuel finally decided to throw his certificate under his bed, and pursue his entrepreneurial ambitions. He is also an online business coach. Contact: smartincomeoffice@gmail.com

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