Crypterium is a multi service decentralised cryptobank. Crypterium is to be made available as a smartphone app through the IOS or android marketplace.
Setting up a Crypterium Cryptobank will enable instants processing of crypto and fiat based currency transactions, with complete interchangeability between these two.
Using the Crypterium Cryptobank users will be able to make payments for fiat priced goods. Purchase uses Cryptobank won’t involve any limits and will feature low commissions. These purchases can be made globally at 42 million different payment terminals.
This is possible because much of the Fintech technology is already in place and waiting to be used by a cryptocurrency banking provider. Apple Pay, Alipay and Samsung Pay have already established the network of contact payment terminals. Crypterium will be able to integrate directly into this network.
Following on from the role out of the main Crypterium Cryptobank will be a range of other banking services. These will include cryptocurrency lending.
It is intended that the main crypto banking platform will be launched between Q4 2017 – Q1 2018. During this period will be the Crypterium token sale for the CRPT token. This CRPT token will form an integral part of the transactional processing for the crypto bank.
These CRPT tokens will be offered at a price of 0.0001 Bitcoin to each CRPT. In total 210 million tokens will be made available during this sale. The token sale is set to start on the 31st of October and will last for a period of seventy five days ending on the 12th of January.
The total supply of CRPT tokens has been set at 300 million. And tokens that are not sold during the token sale will be burned at the end. A minimum raise of $3 million USD has been set. If this is not met then the remainder of the funds will be returned to investors.
Distribution for the CRPT token is set for the 25th of January with activation of the token to occur by the same date.
To learn more visit:
Crypterium Website: https://crypterium.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2214098.0