The last months have been very exciting for Crypterium. We want to share important updates regarding the crowdfunding campaign, our strategy and vision, the latest June monthly update with business performance metrics, CRPT token burning and our referral program.
We are pleased to announce that we have finally closed the fundraising campaign on the Seedrs platform, reaching €3,142,285 from 2,689 investors but we are still working on the legal part.
The Seedrs Team is completing the necessary shareholder documentation and the legal due diligence of our company. The whole procedure may take a certain period of time, and after completing the entire process, we will make the final announcement.
If you weren’t able to join the Livestream or just want to take some notes, you can Rewatch it here!
Or you can do it the easy way and read our key points below.
We have split our strategy timeline into 4 phases to explain in more detail how we are moving forward towards our goals.
The 1st phase shows the first launch of our ICO in 2017 that ended successfully by reaching the hard cap with the initial vision and overall concept “Wouldn’t it be great if you could spend Crypto in a real-world environment”.
The 2nd phase determines our needs for additional App functions including the world’s first Union Pay crypto payment card for cashing out and spending crypto with the vision “Companies will also need crypto solutions and we have all the tools to deliver”
The 3d phase gives us a significant rise in customers and transactions growing by a factor of 5x in 6 months. We continue the expansion of our main products including unique AI price prediction tools plus fiat currency services via IBAN. Moving forward to “Global expansion”
Every fintech will be a crypto company
Close to 5,000 fintech companies were launched last year alone and the fintech explosion is actively happening now. The “as a service” infrastructure is coming to banking. To understand why this is such a big deal, we need to look at how complex the banking stack is today.
No matter what kind of business you do; where you are in a major industrial business, every company is a fintech company and financial services are the backbone of the economic model. The larger the company, the more it wants to affect globally and be its own bank.
We believe that every fintech company will become a crypto company. And we have already gone from the early adopters, but to be a crypto company is not easy; over the next five years, crypto is set to accelerate the fragmentation and unbundling of banking.
Being a crypto bank is even harder than being a neo-bank
Crypterium took more than 3 years to build a fully functional digital wallet, which is quite complicated, facing huge legal and technical challenges, such as hacking and compliance risks, which are high for new entrants.
We have built a complex technology with new payment rails that are constantly evolving. Every emerging company needs to take over a year for a new fintech to secure licenses and build a proper customer support service.
Crypterium’s cryptobanking-as-a-service platform covers every base
Our vision is to provide a single-stop solution on the global financial market along with a complete range of products, starting from simple wallets to Visa cards, mass payments, savings, loans and AI-driven investment solutions.
We have the highest level of security, tested for over 3 years with 400,000 users and worth €115m in transactions; we ran a white-label software with a powerful SDK solution that can integrate into any app or be built as a stand-alone app.
We have received global licensing to serve customers with products in over 170 countries and already built fully managed customer support with all back-office functions managed by Crypterium.
Use cases for Crypterium
Today there are five major use cases for Crypterium;
Crypterium shows a huge growth in registered users. We have more than 400,000 users already, growing by 20,000 every month to open a global opportunity and a complete range of services.
We have partnered with several fast-growing applications and websites that offer crypto-related services, including crypto services and media; exchanges and wallets; crypto protocols with native tokens.
We have partnered with several financial service B2B companies with large captive audiences, such as trading platforms, e-money institutions, banks and similar.
Everything you need all in one place
Everything a typical person or business could possibly need to make the most of the huge potential of cryptocurrency all in one place with competitive rates and incredibly easy-to-use services.
Crypterium moves towards becoming a best-in-class traditional banking app, but for digital assets.
We continue to grow each month with green indicators:
- 100,000+ new registrations (550,000+ users in Crypterium)
- 50,000+ of B2B partner total registered users with 1,000,000+ EUR transaction volume
- Fixing re-login issue and localization
- Reducing App loading time
- New vendor for card delivery – speed up
- USA: Visa Cascade
CRPT burning chart
1 305 627 CRPT ALREADY BURNED
Crypterium plans to burn up to 30% of the total supply of CRPT. Do you know that you can now vote for increasing the burning amount? We have already combined more than 1,000,000 tokens to burn and that is just for the first run.
When your invite your friends to register a Crpyterium account and make one of the crypto-fiat transactions for at least €50 you can both receive your $5 bonus in CRPT!
Earn 25% on the referral’s commissions
From your friend’s second transaction and during the whole year you will receive 25% of the commissions in CRPT for every new crypto-fiat operation!
Bring a business partner & earn up to 22.5% with Crypterium
Get 15% of all integration fees + 7.5% of all activities fees in the first year!