Crypterium (CRPT) ICO Review – Mobile Cryptocurrency Bank

It is believed that the economy of cryptocurrency will be worth some $10 trillion within the next few years. This has given rise to the need for cryptobanks in which the decentralized economical future of the world can be properly managed. Mainly, there is a need for better payment possibilities so that cryptocurrencies can be used in a greater variety of ways and places. One company leading the way in this is Crypterium (CRPT), who wants to offer a global operation to some 200,000,000 prospective clients. They claim that they have been able to reduce transaction costs eight-fold and increase the transaction speed 100 times. Essentially, they focus on vertical services, whereby cryptocurrencies and blockchain lovers can come together.

Project Overview

CRPT wants to develop a type of digital cryptobank that is fully open source and delivers a banking experience that can be used by people all over the world, using blockchain technology. The bank will offer the ability to store cryptocurrency, and also to spend it, exchange it, and even to borrow against it. In addition to that, they want to offer an exchange service between cryptocurrency and fiat currency, making it easier to spend such assets in the real world. All of this is possible through a mobile app that allows contactless and cashless payments at purpose-built POS (point of sale) terminals.

In a sense, Crypterium is a type of bank in the same way as Bankera and the Change Bank, but it offers more. Because it allows for crypto to fiat exchanges, it is also more like UTRUST, Shift Card, and TenX. They have held two rounds of ICOs (Initial Coin Offerings) through which they have raised $8 million. In 2013, they held round A of their ICO to raise money for contactless payment. In 2015, the held round B to raise money for daily payment technology.

Investment Potential

Crypterium sets itself apart through the creation of a subtoken. What this means is that anyone who uses the Crypterium System can use CRED tokens for anonymous loan interactions and more. It offers smart contracts so that CRED tokens can be exchanged into a cryptocurrency, that can then be used. At the end of the loan term, you purchase new CRED tokens to pay it off. According to Crypterium, this will help to reduce the overall volatility of cryptocurrencies. Additionally, because the loan has to be paid back using CRED, it will ensure that demand and liquidity in these tokens will remain. It is a very cool and unique concept that is attracting a lot of attention.

The ICO enabled Crypterium to distribute their main tokens. The sale started on October 31, 2017 and was completed on December 25, 2017. Between December 26, 2017 and January 13, 2018, it was still possible to purchase more tokens, but no bonus could be offered. ICO participants will be able to access 70% of the full ICO distribution, which initially enabled participants to purchase a maximum of one million tokens. Out of the remaining 30%, 15% is deferred to support development, and it will gradually be released. The final 15% was given to the founding members, the management team, the advisors, the partners, and the marketing team. This allocation was completed between January 14, 2018 and January 25, 2018. All unsold tokens were then destroyed.

Currently, Crypterium is listing for exchanges, which they will continue to do throughout March 2018 as well. The platform offers a number of clear incentives, mainly because 30% of the revenue is given to the most active users. In other words, anyone who spends money using a cryptocurrency will also be rewarded.


The CRPT team is made up of:

  • Co-founder and managing director Steven Polyak, an experienced investment banker
  • Co-founder and IR director Austin Kimm, an international strategist
  • Co-founder and COO Gleb Markov, who has over 10 years of experience in cryptocurrency, banking, and the fintech industry.
  • Co-founder and CCO Vladimir Gorbunov, a serial entrepreneur that continuously aims to use technology to simplify the world

Additionally, the company has a very strong advisory board. All in all, some 20 people make up the team. All of them have extensive experience in the financial markets, digital payments, and cryptocurrencies.


  • Once fully developed, people will be able to access a variety of cryptocurrencies. Many other options only offer Bitcoin or Ethereum, but CRPT aims to go beyond that.
  • CRPT wants to bring in the Asian market, using them to develop their own software. In many Asian countries, the only currency that is accepted is cash. If CRPT is successful in what they want to do there, they could potentially change the world.
  • The team is made up of people with a wealth of experience in the industry and in setting up successful new companies. They know what works and what doesn’t, and if people like Polyak, Ki, Markov, and Gorbunov put their names to a new venture, it is almost guaranteed to be successful.

Risk and Concerns

  • The platform is one of the newest out there, so it is hard to tell what will happen with it in the future. That said, it has met all of its original goals, so things seem to be on track.
  • The platform will be a kind of bank, which makes people worried that perhaps there will be some sort of centralization happening, which is precisely what cryptocurrencies have always aimed to avoid.


Overall, Crypterium seems to be a solid, creditable company that truly aims to offer something new to the market. It is looking very promising and many people expect it to be highly successful. The ICO was completed very well, meeting and exceeding expectations. There is always a certain degree of risk involved with all financial investment methods, particularly with cryptocurrencies because they are still not widely accepted. However, Crypterium claims that their system will help reduce that volatility. Furthermore, they will accept all forms of crypto and they are focused on helping communities that accept cash only to develop more options and introduce them to digital technology. It is highly likely that Crypterium, with its fantastic team, will do very well.

Cindicator ICO Review – Trading Intelligence Platform

More and more people are becoming interested in cryptocurrency and its integration into mainstream society. To assist with this, various ICO (Initial Coin Offering) activities have taken place, one of which is the Cindicator ICO. Their aim is to create a platform for financial management in which “hybrid intelligence” is the key. This means that they want to use AI (Artificial Intelligence) in order to bring together the collective knowledge of financial experts and forecasters, creating trading signals.

Project Overview

Cindicator, as stated, focuses on using hybrid intelligence to help people manage their assets. What this means is that they have developed trading algorithms and robots that can be used by institutional investors and hedge funds in a unique way. Their AI robots gather intelligence from different sources and analysts, using this to develop accurate data points and signals for stock transactions.

Cindicator was founded in 2015. In August 2017, they were able to raise half a million dollars in seed funding. The ICO took place between September 12, 2017 and October 12, 2017. They also developed an Android and iOS app for its users, which features the various basic trading signals. What sets it apart from others is that it doesn’t just offer cryptocurrency market predictions, although that is its main goal.

Mainly, since September 12, 2017, the company has aimed to bring together the wisdom of the crowd with AI, using algorithms to make predictions about the movement of assets like cryptocurrency. While this value isn’t based solely on technical signals, the prediction system is becoming increasingly smart thanks to the cooperation of the crowd, made up of various financial analysts. This is why it is called “hybrid intelligence”, because it brings together human and AI knowledge.

Key features offered by Cindicator include:

  • The ability to effectively and safely manage capital
  • The ability to monetize on intellectual assets in a risk-free environment
  • Data and tools to help make decisions when the market is uncertain
  • Industry analytics, such as market growth points, opportunities, and expectations
  • Ratings and indexes of cryptos

Cindicator has done what others have been thinking of since November 2014, when the idea of managing assets through hybrid intelligence was first considered. By December 2015, the first intelligent platform became available. Cindicator has worked on developing various accelerator programs and, in 2016, they joined Microsoft BizSpark. By March 2017, the company was listed at the Moscow Stock Exchange accelerator as Top-1 Startup.

Investment Potential

Cindicator offers tokens, like other ICOs. They have capped their hard funding at $15 million. One token, which is known as the CND token is ERC20 compliant (Ethereum). It can be purchased with BTC, ETC, ETH, and LTC, with the value of one CND in fiat currency being $0.01. During the sale, 75% of the total supply was distributed. The company kept 20% for further development, while 3% was retained for the company’s partners and advisors, 1% for the bounty, and 0.2% for current forecasters.

When tested, the annual return offered by Cindicator was 47%, which is huge. It is the only platform, therefore, that doesn’t just promise huge returns, but that actually delivers on that as well. One experiment was launched on the MOEX (Moscow Exchange) in January last year, working with a group of people, 60% of whom had experience in investing and the other 40% did not. Based on the information provided, there was a 3% month on month return, and a 26% ROI (return on investments) for the year.


The team at Cindicator is made up of:

  • Co-founder and CEO Mike Brusov. Known as a serial entrepreneur, he was Between Digital’s Head of Mobile Programmatic Products and he also co-founded Wobot.
  • Co-founder and CTO Yuri Lobyntsev. Like Brusov, he is a serial entrepreneur. He has been the CEO of both Octabrain and Oumobile.
  • Co-founder and COO Artem Baranov. Before this, he was also employed as a COO for Crimson Jackets and then Octabrain, where he met Lobyntsev.

The full team is made up of another eight people. All 11 have a lot of experience in their own fields and essentially work in synergy with each other, just like their platform. Additionally, they have a number of strong advisors on board, including:

  • Bitcoin Foundations’ founding member and Jaxx’ Director of Business and Community Development Charlie Shrem
  • Jaxx’ CEO and founder Anthony Diiorio
  • The Gibraltar Stock Exchange’s chairman Marcus Killick
  • Waves Platform founder Alexander Ivanov


  • The program comes with a $15 million hard cap, which is quite low for this type of project. It means the downside is also very limited.
  • Cindicator has gained the attention of various institutional investors, which means that those investors have done their due diligence.
  • The project has been in the development stages for some time, attracting some 10,000 users. Additionally, the crowdsale received contributions from two big clients, who have already agreed to become Cindicator clients.
  • Thanks to the Cindicator hybrid AI technology, the impact of speculation and emotion in cryptocurrencies will be greatly reduced.
  • The token system encourages people to make accurate predictions.

Risk and Concerns

  • Cindicator does not have a singular focus, working both on fiat and crypto. This could be quite conflicting.
  • Cindicator is not unique anymore. Coindash, Santiment, Enigma, and Numerai all have similar programs in place, but with a higher market cap.


Overall, the Cindicator program is a very interesting hybrid platform in which technical analysis is brought together with the crowd’s wisdom, using a complex and unique algorithm. By putting these two together, it is possible to gain a great deal in the world of investments. Of particular interest is seeing how well Cindicator did during its pilot testing, with returns of 26% within a year, or 3% per month. This is proof that the system really works. It is true that the system and the platform are not completely unique, but they are different from others that are already out there. Overall, the fact that they have already attracted major attention and some major clients is a clear indicator of the fact that this platform is likely to be highly successful.

SALT Lending Review – Cryptocurrency Backed Loans Platform

SALT is the first platform in the world that offers cryptocurrency lending. This means that cryptocurrencies such as Bitcoin can be used as collateral. Because this is a relatively new system it is very important to determine exactly how it works before you invest any money.

Project Overview

SALT’s aim is to ensure that those who have assets on the blockchain can leverage this to obtain cash loans. It is the first platform that offers this. As of 2018, SALT has been fully live, after first being released on December 27, 2017. At that point, it was only able to accept Bitcoin. However, during the first quarter of this year, they plan extend that to Ethereum and to others by the third quarter. To date, SALT has around 45,000 members.

Taking out a loan is designed to be relatively easy:

  • Members send their cryptocurrency to the collateral wallet.
  • The loan is paid out in fiat currency of up to 80% of the value of the cryptocurrency.
  • Members make repayments.
  • The loan is completed and the cryptocurrency is sent back to the member.

Investment Potential

Members start by purchasing SALT tokens, which gives them platform access. This can be done in three different membership forms:

  1. Regular membership, offering term financing, which allows access of up to $10,000 and terms ranging from three to 24 months.
  2. Premier membership, offering term financing and line of credit, allowing access of up to $100,000 in USD, EUR, GBP, JPY, and RMB. Loan terms range from one hour to 36 months.
  3. Enterprise membership, which offers term financing and line of credit with access of more than $1,000,000. Currency selections are offered ad hoc, and terms are metered.

Once members have purchased their tokens and have access to their membership platform, they can deposit cryptocurrency. They can then borrow against a maximum of 80% of this, after which they must make their monthly repayment. If repayments are not made, then the collateral (the cryptocurrencies) are seized and sold to cover the missed payment.

One of the key issues that some people are concerned about is the potential appreciation and depreciation of cryptocurrency and what this means for their loans. If there is appreciation in value, borrowers can choose to do nothing, choose to borrow more, or withdraw the excess cryptocurrency. If, however, there is depreciation, then it may be necessary to deposit more cryptocurrency or make more repayments. If there is depreciation and the borrower does not take action, some of the cryptocurrency will be sold to make up for the difference.

The SALT Team

SALT originally started as a company with just five employees. Today, it has 25 and it is looking to recruit about 11 more people. Some of the key players in the team are:

  • Shawn Owen as CEO. He is known as a serial entrepreneur but has a background in the restaurant industry. Indeed, this is the first time he has had any involvement with cryptocurrencies at all.
  • Erik Voorhees, who is ShapeShift’s CEO and founder. He is incredibly experienced in the world of cryptocurrencies and he was involved in making the documentary Banking on Bitcoin. Officially, he is an advisor to SALT, but he is also part of their Leadership Team.

The company also has eight people working for their Technology & Product department, which is a specialized team. This is also where further recruitment is likely.


  • SALT enables people to retain their cryptocurrency while borrowing fiat currency against it. This means that, so long as they keep up their repayments, they don’t have to liquidate their cryptocurrency and miss out on potential value increase.
  • SALT offers loans based on collateral. This means that a credit score is not of interest or influence at all. For those who have any cryptocurrency, they are able to receive a loan with a value that is 80% of that currency’s value in a fiat currency, so long as they have purchased the necessary tokens for their membership.
  • SALT is the first and only company of its kind that offers this type of system. They are trendsetters and are quite literally changing the world – probably for the better.
  • Because the value of cryptocurrencies remains volatile, there is a chance that some of the deposited currencies can be withdrawn again.

Risks and Concerns

  • The token price is highly confusing and it is not clear how this links to the way the platform is used.
  • Cryptocurrency investing is very different from traditional investing because there is no share price that increases or decreases.
  • The leadership team is good, but inexperienced on paper. Owen, the CEO, has a background in the restaurant business, although he is a well-known entrepreneur. While they do have Voorhees as an advisor, he is technically only an advisor so his involvement is not guaranteed.
  • The system is still relatively new, which means it is not clear whether it will be successful.
  • Because the value of cryptocurrencies remains volatile, there is a chance that repayments suddenly have to be increased.


Being accepted for a traditional bank loan is almost impossible nowadays. The acceptance criteria are very stringent and it is often practically impossible to meet them all. Not just that but the terms are often highly unfavorable and the bank is only interested in the borrower’s financial background, not his or her financial present or future. SALT, by contrast, changes this. It allows the use of cryptocurrencies as collateral and allows anyone with any cryptocurrencies to borrow a fiat currency against that, up to 80% of the value of the cryptos. It is a relatively new idea and concept, but one that is gaining a lot of interest and traction and for good reason. While it is certainly true that there are intrinsic risks associated with the volatility of cryptocurrencies, they can be overcome.

An added benefit is that SALT offers a number of advantages above and beyond those offered by the traditional lending industry. They don’t have any hidden fees, or expensive non-hidden fees. Their membership and token system is fully transparent, allowing people to opt in to whatever works best for them. Additionally, they have made the system much easier to understand, the application requirements much easier to meet, and the penalties much fairer. It is even possible to pay off a loan early, without any penalties. Overall, therefore, it is highly likely that this project is going to be a tremendous success.

Stack (STK) ICO Review – Point of Sale Crypto Payments For Everyone

Stack (STK) Is a new type of token that has recently been launched and that is gathering a great deal of attention. In fact, it is one of today’s most discussed ICOs (Initial Coin Offerings). It is almost undeniable now that there is a future in cryptocurrency. Startup companies, for instance, can use it as a form of capital beyond fiat limitations. Meanwhile, investors are interested in crypto tokens, which they can buy with Ethereum, Bitcoin, or other cryptocurrencies.

STK is one of those ICOs offering a range of services. Their idea is unique, because it focuses on enabling people to use their own cryptocurrency at point of sale terminals worldwide. This means it is a more practical investment type that allows for the secure storage of money in any type of currency as per an individual’s personal wishes.

STK wants to offer a real-time solution for all currencies. Access to this functionality is made available through STACK tokens. These tokens pay for the system’s operating costs. Different transactions have different prices, not unlike Ethereum’s gas prices.

Investment Potential

When people purchase a STACK token, they can instantly use POS (point of sale) facilities with merchants anywhere in the world. The tokens allow for real time exchanges, meaning it can be used anytime, anywhere. Through the tokens, transactions become borderless, cheap, fast, and secure. Uniquely, they facilitate this beyond just crypto transactions. Indeed, fiat to crypto transactions are equally possible.

It essentially requires two users to exchange information. So long as they have sufficient cryptocurrency available, the transaction can be made instantly. If using a POS system, conversion into and from fiat currencies will be done automatically, at a very low cost. Additionally, these tokens are fully ERC20 compliant, which means they can be used with Ethereum as well.

Money is stored in a smartphone wallet app, which is very easy to access. Transaction fees are based on those of Ethereum, which is one of the most affordable. Additionally, the system ensures that off-chain and on-chain transactions are equally secure.

The overall aim is to encourage cryptocurrencies to be adopted on a wider level. It is believed that digital currency will be implemented more widely into trade through this. In a sense, it is individual money that replaces traditional investments, because it is easier to manager and far more secure.


The team at STK is made up of:

  • CEO Miro Payletic, who used to be CIBC’s Program Head in Foreign Exchange. CIBC is one of Canada’s Big 5 banks. Additionally, he was involved in a digital wallet startup company, which MasterCard eventually acquired.
  • COO Nicolas Dinh, who worked for MasterCard for five years as a Product Development Business Leader before becoming Canada’s Digital Payments VP
  • CFO Chad Leger, who held Freshly’s interim CFO position and who work for the Rubicon Project as VP of Finance

The company also has a team of advisors, including:

  • Ledger Lab’s co-founder and Ethereum founding member Ethan Wilding
  • Blockchain News founder and CryptoAsset Design Group’s co-founder Richard Kastelein
  • AION’s Director of Marketing Benn Goenzi


  • The Stack team is one of the most experienced in the field. The individual members have worked for MasterCard and various other financial institutions. Through this, they also have various connections, which has so far resulted in a signed contract with MasterCard. No other company of its kind has been able to achieve this.
  • The platform wants to go beyond offering a cryptocurrency wallet and prepaid debit card. It aims to be a social network at the same time, offering a range of important elements and rich features. STK, as such, is one of the only ICOs at present that focus specifically on customer retention.
  • Miro Payletic is keen to answer questions and really knows what he is talking about, and this has filled people with confidence.
  • Visa has changed how they feel about cryptocurrency, and this has caused many people to move away from Visa. The result is that STK is now in a top position, because they already have that MasterCard contract in place to catch all of those ready to leave Visa. Indeed, WaveCrest, which works with Visa, closed all cryptocurrency cards on January 4, 2018. This has caused a knock-on effect to TenX, Tokencard, Wirex, Cryptopay, and Bitwala, but STK is immune from it.
  • STK aims to work mainly with those who already own and understand different cryptocurrencies, which means it is easy to adopt and get started.

Risk and Concerns

  • There is no evidence that there is a need for a social media network as part of the overall platform, so this will not guarantee that more people will come to STK. Indeed, there is some concern that it will lead to a significant loss of privacy in terms of who conducts which transactions and when.
  • It is one of the newest platforms out there, so it is hard to tell whether or not they will be successful overall.


By owning STACK tokens, it is possible to use cryptocurrency in the wider financial market, from online transactions to brick and mortar stores. STK is not the first to promise this, but it seems to have taken all the good things from the programs and platforms that came before it in order to create something more unique and fit for purpose. When it hit the exchanges, it quickly sold out, which is further testament to the company’s excellence and fantastic ideas. Cryptocurrency is the future and to make sure people can use them even in locations that haven’t yet adopted these payment methods, a platform like STACK is an absolute necessity. This is one platform that is almost fully guaranteed to succeed.

ChainLink ICO Review – Connecting Smart Contracts to API

ChainLink is an oracle network that is completely decentralized, enabling others to create smart contracts in a secure environment. So long as someone uses an off-chain service or an API and a data feed, they can now provide their smart contracts with these services, as an oracle. It has an off-chain consensus method and on-chain data aggregation network for contracts, both of which are easy to use. Their ICO is quite new, but it is already developing a solid following, in part thanks to the positive reputation of ChainLink.

Project Overview

If an Ethereum or other such cryptocurrency smart contract hopes to replace or mimic financial agreements such as insurance and security, they will need to use APIs, data feeds, and a range of other technologies that aren’t included in the blockchain. Instead, they need to use an oracle, which is what ChainLink aims to provide. Essentially, what it does is enable the creator of a smart contract to work with the traditional banking system, payment solutions, and a range of data providers. ChainLink offers this through their LINK network.

It is the first time that such a decentralized oracle has been created. LINK supports Hyperledger, Bitcoin, and Ethereum, which is another unique feature. Best of all, it is immutable, offers trust, and is fully decentralized. The project also isn’t completely new, with SmartContract, which is ChainLink’s parent company, having been founded in 2014. By 2017, Gartner listed ChainLink as “2017 Blockchain Application Cool Vendor”. Additionally, the parent company has a partnership with Swift, which is an interbank messaging platform. In June 2017, a proof of concept phase was completed, and Swift became a ChainLink customer.

Smart contracts can only be executed using external data, which is incredibly challenging. This is what ChainLink aims to resolve.

Investment Potential

Users can purchase LINK tokens, with which data providers, online service providers, payment providers, and ChainLink node operators are paid. As such, it is a unique form of compensation. The tokens are important, because they make the network even more decentralized, while at the same time guaranteeing that data is accurate. Additionally, because the tokens are a form of currency within the network itself, they can become more valuable if the platform is used more often.

On July 21, 2017, the pre-sale program started, offering new users a 20% bonus. This ended on September 19, 2017. Between then and October 19, 2017, the crowdsale period was in operation, which had some very specific values, ranging from 2,600 LINK tokens for one Ethereum to 1,885 LINK tokens for one Ethereum. The token sale’s hard cap, meanwhile, was set at $32 million.

The distribution of the tokens was like this:

  • 35% (350,000,000) sold to the public.
  • 35% offered as an incentive to the ecosystem and to the node operators.
  • 30% offered to the company to continue development.

All tokens were distributed 24 hours after the crowdsale was completed.

The ChainLink Team

Just two people currently make up the ChainLink Team. They are:

  1. Sergey Nazarov, who is ChainLink’s co-founder and current CEO. Nazarov is known for his entrepreneurial spirit. He has been involved in blockchain for many years. Before he founded SmartContract, he founded the Secure Asset Exchange, which similar to CryptoMail and ShapeShift, two popular exchange networks and decentralized email services.
  2. Steve Ellis, who is ChainLink’s other co-founder and CTO. Like Nazarov, he is known for his entrepreneurial spirit and played a significant role in the setup of Secure Asset Exchange as well. His background is with Pivotal Labs, where he was a software engineer.

Meanwhile, ChainLink has also been able to attract a number of advisors with an excellent reputation. They include:

  • Ethereum Foundation member Hudson Jameson
  • Cornell Tech’s Professor of Computer Science Ari Juels
  • IC3 Director Andrew Miller

Additionally, the ChainLink team is made up of important external partnerships, including the World Economic Forum, Gartner, Cornell IC3 (Town Crier Oracle), and SWIFT. Additionally, Underscore VC and the Data Collective provide their support.


  • Smart contracts and blockchain technology can greatly improve through oracle. If properly implemented, it would be possible to complete a range of different types of contracts in a safe, trustworthy environment. Many expect that it is oracle that will push blockchain technology to the world.
  • SWIFT is used by some 11,000 different banks the world over. The fact that they have entered into partnership with ChainLink is telling. It also means that it becomes much easier to partner with other financial organizations.
  • Nazarov and Ellis are highly experienced in the field of blockchains and they have created highly successful ventures in the past.
  • There is a potential for a significant network effect because the platform will become even more beneficial for blockchain data fees. This essentially stops people from having to access different forms of data from many different sources.
  • It creates a lot of different business opportunities because it will enable a wealth of different industries to start using blockchain integration and better smart contract development.

Risks and Concerns

  • ChainLink is essentially made up of just two people. They have a lot of experience and a strong advisory team behind them, but they do seem to struggle with answering all questions and keeping people up to date. While understandable, there is a feeling that they may need to attract more staff.
  • There is a $32 million hard cap, which represents just 35% of all the tokens that are available.


Overall, the ChainLink ICO is great because it has real long term potential and can equally be used by those interested in flipping. Mainly, if implemented properly, it will ensure that “smart” contracts actually become smart. If you are interested in flipping, then ChainLink tokens are a good option because of the strong advisory team underpinning the company, and because of the SWIFT partnership, which really sets it apart. If you are interested in holding for a long time, ChainLink is equally beneficial because the company aims to solve a real problem, making it incredibly lucrative. It is very easy to find hundreds, if not thousands, of cases of people who have difficulties with the very issues that LINK aims to resolve.