CRYPTASSIST; THE AWAITED FUTURE OF CRYPTOCURRENCY

INTRODUCTION

Cryptocurrency has become everyday news. This article contains one of that news and a big one at that. It’s aimed at familiarizing us about a new project coming from Cryptassist. Here, we’ll start with a little briefing on cryptocurrency evolution; highlighting some challenges currently faced in the crypto-sphere. With the stated challenges, we’ll introduce Cryptassist; the technologies and the many features it harbors. At the tail end, we’ll take a look at the roadmap, the ICO, coin distribution, and the team that has contributed immensely in making the project possible. This is definitely going to be a bit extended due to the many feature contained on the Cryptassist platform; but I promise to be precise and straight to the point.

BRIEF CRYPTOCURRENCY EVOLUTION

![cryptocurrency-cryptassist intro.jpg](https://cdn.steemitimages.com/DQmcfTgbG46K1kUmfQTCNfyLQZn3F5Z8gMP5a9NvusRfgB5/cryptocurrency-cryptassist%20intro.jpg) Cryptocurrency is now a household name to many; a feat that will appeal to the enthusiasts who happens to be aware of the many hurdles the exercise weathered from its inception. Having started with Bitcoin; first made open source by Satoshi Nakamoto in 2009; Vitalik Buterin introduced Ethereum in the year, 2015. With the ethereum introduction came the advent of smart contracts, Decentralized applications (dAPPS) and Virtual Machines, These innovations laid the foundation for the numerous coin minting, ICO’s, Bounties etc. that we hear and read over the journals. As at today; the world has witnessed over 1,500 cryptocurrency specifications and hundreds of ICO’s hosted on monthly basis. The increased number of projects has given rise to incoherencies; giving rise to series of challenges such as: - Exploitations: Where projects raises funds beyond their needs at the ICOs - Fraud: Where nonexistent projects organizes and runs away with funds generated via ICO’s - Coin Volatility: Resulting in the financial wreckage of people without the right trading tools and knowledge - Fund accessibility: The difficulties and time constraints resulting from accessing your crypto funds - High cost and stress involved in organizing ICO’s - High Cost of transfers - Interoperability: Where you have several platforms discharging similar functionality separately can lead to unhealthy rivalry. In the wake of the above challenges; CRYPTASSIST has resolved to overhaul the crypto sphere into a coherent and admirable investment destination. With the relevance of what Cryptassist is set to achieve; it becomes necessary to look into their profile.

CRYPTASSIST

![cryptassist symbol.png](https://cdn.steemitimages.com/DQmfTUzGX4Uiw1ojri8Tjc39eL3bEf8kAoTptiELz34WvoP/cryptassist%20symbol.png) This is an organization with a platform of over 25 applications and features which are mobile and web based. The applications are aimed at resolving crypto currency related challenges, ranging from providing affordable, well organized and executed ICOs, to providing the needed tools and information needed in crypto trading to ensure profitability. For your accumulated crypto fund; Cryptassist will make them easily accessible to you via a Debit card, etc. To be precise; there’s no ending to the innovations outlined for the crypto world by Cryptassist, to ensure that cryptocurrency related experience becomes a pleasing one. The finest of technologies, strategies and advisories, etc. has been adopted to ensure that Cryptassist innovations remain unrivaled.

THE CRYPTASSIST TECHNOLOGY

The Cryptassist system is going to be automated and based on the DAG (Direct Acyclic Graph) platform; a platform known by the; “Blockchain 3.0”, owing to its ability to handle more transactional cycles compared to Bitcoin (Blockchain 1.0) and ethereum (Blockchain2.0). The system will be fuelled by the CTA token Other technology innovations to be factored into the application include; - Cloud computing - Artificial intelligence and Machine learning - Data analytics - API technology - Tokenized system using the primary coin; the CTA token - Added security to that of blockchain through the usage of the most advanced HTTP protocols (HTTP/2) to increase speed, availability and security; full data encryption compatible with AES FIPS PUB 197 for servers, web socket in the middle to avoid vulnerability, two factor authentication, use of HTTPS through TLS connections for the API layer; etc. With these technological innovations; Cryptassist has come up with several features aimed at mitigating the stated challenges and adding more value to the crypto-sphere. The features include: - CRYPTASSIT DEFLATION MODEL Aimed at reducing the amount of CTA in circulation and hence; increasing its market value. This has been scheduled to be achieved by first ensuring a finite amount of token is in circulation by tracking and blocking avenues to unauthorized production and then burning CTA’s gotten via service charges and purchases made from the cryptassist platform - DEDIT CARD: This feature was deployed to enable easy accessibility to crypto fund and flexibility in utilizing them. It works like the normal ATM cards and hence can be automatically converted to CTA’s and then to fiat and respective currencies; for easy withdrawal at Automated Teller Machines that accepts VISA and MasterCard. ![cryptassist ATM.png](https://cdn.steemitimages.com/DQmR1QkcXrj9h8QdKoXKJ7Ew8wQibxHo57KkuhBUL3PV18M/cryptassist%20ATM.png) Debit card - CRYPTOGO: This a feature deployed for the purpose of handling bounty related activities in a flexible, exciting and easy to use manner. - CRYPTSTARTER: This feature will help individuals or groups with nice projects to crowd source and raise the requisite fund needed to execute such projects; while guaranteeing the investors of refund if anything goes wrong as an escrow. - EXCHANGER: Similar to Binance and other crypto based exchanges, where you can trade your coin for another with the intention of making profits. One can also make transfers from exchanger to other exchanges or into usable currencies at a fee. In the Cryptassist exchange; commissions paid in CTA are being granted 50% waiver. - MULTICOINBLOCK: this feature gives Cryptassist users the benefit of checking transaction histories of coins from one platform, rather than visiting the respective platforms for that purpose which will be time consuming, stressful and less resourceful - CHATPAY: A chat platform that doubles as an electronic payment medium for the community members. As a decentralized platform, privacy of exchanges between chat partners are held high. ![chatpay.jpg](https://cdn.steemitimages.com/DQmcSX412XwbwficPuCKmfPsJywJ4wR8YPUVA7bvyENrmxn/chatpay.jpg) chats and payment - PHILANTROPY INNOVATION: This is a platform that brings transparency, accountability and openness to the corporate social responsibilities and the charitable acts of donations from entities, in the form of corporate social responsibilities or charity and on behalf of the Non Profit organizations. It is free for both parties i.e. donors and the receiving NPO’s, to use. - ARBITAGE OPPORTUNITIES ALERTS: These are alerts that you get when there’s a good opportunity for one to invest in a coin that will shortly moon. The Cryptassist has a simulation that weighs into all those tendencies and alerts app users that subscribed for such services when it happens. - ICO ASSISTANT: When a new project wants to approach the crypto community to raise fund; they can do that through the Cryptassist ICO assistant after undergoing several screening exercises and signing up on the platform. In this situation, Cryptassist through the ICO assistant feature will render escrow services, ICO auditing, Translations, technical advice and community management among other services to the potential client. This doesn’t only save the Project owners the stress and associated cost; but gives the project some degree of credibility that can command unreserved investments potential of fund. These services are well subsidized. - WHERE TO SPEND CRYPTO DATABASE: This platform helps you to spot with ease, the closest places where you can spend your crypto coin. - WEBSHOP: A platform that enables consumers to buy goods and services from either Cryptassist or a merchant subscribed on the Cryptassist platform, at a reduced rate. The aim is to encourage daily usage of cryptocurrencies. ![cryptassist shopping 1.jpg](https://cdn.steemitimages.com/DQmRbSyp5PePv2BE7gqxF3aTbi2dxjAR5Ld1xxS8xiYmgEq/cryptassist%20shopping%201.jpg) shopping - FREELANCER: Here; the platform connects businesses that has freelancing projects to prospective freelancers registered on the platform. Employers of such services will deliver payments when satisfied with the work received and will be able to communicate with the free lancers via the Cryptassist platform throughout the project duration. Both parties are also required to fill out a KYC form that will help in compelling each party in fulfilling what is expected of them. - NEWS UPDATES: Here, the aggregated news updates from other platforms like coindesk, cointelegraph, etc. will be made available; utilizing the filter mechanism that will enables one to filter specific articles of interest, and be alerted once it is spotted. - OTC: This simply means “Over The Counter” and reflects a feature that facilitates the sale of cryptocoin and alt coins from a willing seller to a buyer; with the platform serving as the Escrow. - ONE TRADING TOOL (OTT): This is a platform on cryptassist that will enable cryptassist users to access and trade with their accounts on other exchanges from that of Cryptassist; leveraging on the API technology. - SOCIAL MEDIA SCANNER: This feature scans the social media platforms for a trending news on cryptocoin with more social volume (more social media mentions). Such news aids in forming trading opinions if acted upon promptly. Used alongside the alert system; users will be able to gather and utilize useful information from vast social media, in forming trade opinions. - COMMUNITY FORUM: This is a community where access to resourceful materials are not only guaranteed, but ensures a free flow of communication between community members; who contributes and receives information that will be aimed at aiding members growth on crypto knowledge ![cryptassist community.jpg](https://cdn.steemitimages.com/DQmQwRLb77Jdgw5wq8dWyumQNchLDY1uts2rKxeDbShn9nq/cryptassist%20community.jpg) Cryptassist community - TRADE: This feature provides the necessary tools and statistics needed in making informed trading decisions. Information like price and volume changes on top coins and altcoins; buy pressure versus sell pressure, etc. will all be useful for traders if well utilized and in a timely manner. - TRADING SOLUTION: This is more like TRADE feature meant for Very Important Personalities. The application will alert traders when a coin that fits the criteria they opted for are considered to be exhibiting strong buy/sell potential. It also ensures that no trader is receiving an alert on coins that they didn’t opt for. They can stay updated on a large number of crypto currencies and have exclusive access to both OTC altcoin trading and integrated exchange trading - CRYPTOPEDIA: Just like the encyclopedia, this platform provides you with the listings of websites, forums and blogs related to crypto currencies. It can aid traders in having in-depth resources at their disposal to have crypto currency based knowledge. These features seems a lot to achieve, but with the timeline already stipulated and if well adhered to; the realization of the project will be realized in the year; 2019. Take a look at the roadmap below with a view of the progress made so far.

CRYPTASSIST ROADMAP

![CRYPTASSIST ROADMAP1.png](https://cdn.steemitimages.com/DQmUxFL847nxf7EsSEEveLVpWe9bcgHjaKNaGk5XsgAiTRd/CRYPTASSIST%20ROADMAP1.png) ![CRYPTASSIST ROADMAP 2.png](https://cdn.steemitimages.com/DQmZ23FJ8JuRsXttM3iWTLRQ2YQsXTu8dp6Rsnur5MAD4P4/CRYPTASSIST%20ROADMAP%202.png) To accomplish the remaining features of the project contained on the roadmap and doing so at the stipulated timing; the Cryptassist management has approached the crypto currency community in a bid to raise 88 million worth of CTA’s to be distributed as illustrated below: ![cryptassist distribution model.png](https://cdn.steemitimages.com/DQmXFnsvvNgVStR6AmvAfBTa2w8sKKzKaprPfxmge5jEAPz/cryptassist%20distribution%20model.png) Cryptoassist distribution model for fund generated from the ICO The performances reflected to the above roadmap, the accomplishments and the journey soon to be made can be attributed to the sagacity of the able team and advisors available at Cryptassist. Below are the faces of the team that has made it so far, a success.

CRYPTASSIST CORE TEAM

![cryptassist team 1.png](https://cdn.steemitimages.com/DQmeFhWYZRRFBPikGtSyFnuxCQX2PaTXw43BThW9ZQjDha4/cryptassist%20team%201.png) ![cryptassist team 2.png](https://cdn.steemitimages.com/DQme4UPqagN68xTd439swujrufVFWrKzoJ1hDFvxfkrUYLQ/cryptassist%20team%202.png)

CRYPTASSIST TEAM OF ADVISORS

![cryptassist advisors1.png](https://cdn.steemitimages.com/DQmWfbMYFmx4cD4zABYewJZ4iWosWWh3uc67kbBgSf44QAB/cryptassist%20advisors1.png) ![cryptassist advisors 2.png](https://cdn.steemitimages.com/DQmRbguavQxomCFEoby8JHjibnbwhRf78rg4wbfXfpMYhA9/cryptassist%20advisors%202.png) While we hope this article familiarizes us with the Cryptassist project, we hope to bring you more details on the business model, the ICO and why the investment in CTA is worth it, Note: Kindly contact the reference section for more details on the team and the project at large’ Thanks Meklinks4 https://bitcointalk.org/index.php?action=profile;u=2266115

REFERENCES

Website https://www.cryptassist.io Whitepaper https://www.cryptassist.io/whitepaper Facebook: www.facebook.com/cryptassistcoin Twitter www.twitter.com/cryptassistcoin Youtube https://www.youtube.com/c/CryptAssistCoin Instagram https://www.instagram.com/cryptassistcoin/ Medium https://medium.com/@cryptassistcoin Reddit https://www.reddit.com/r/CryptAssist/ VK https://vk.com/cryptassistcoin GitHub https://github.com/Cryptassist/Cryptassist/tree/master/doc LinkedIN https://www.linkedin.com/company/cryptassist/ Telegram Channel https://t.me/cryptassistofficial Telegram Group https://t.me/CryptAssistCoin Bitcointalk ANN https://bitcointalk.org/index.php?topic=4553885.0 Bitcointalk Bounty https://bitcointalk.org/index.php?topic=4563578.0