Introduction
Much of the fear people have in regard to the crypto industry comes due to a lack of knowledge. Cryptassist aims to address this problem by providing knowledge that can benefit everyone in the crypto industry. Both newcomers and veterans within the crypto industry can find benefit from the information and services provided by Cryptassist. For example, the services and information provided by Cryptassist can benefit traders of all levels in the crypto industry by making arbitrage easier.
Arbitrage has been used by traders for decades. Arbitrage involves rapidly selling something (cryptocurrency, stock, security) in the markets and earning a profit due to a difference in prices in the different markets. At the moment one of the best industries for arbitrage is the cryptocurrency industry because the cryptocurrency industry has numerous exchanges with numerous coins and most crypto exchanges have different prices listed for the same coins. This difference in prices amongst cryptocurrency exchanges creates an opportunity for arbitrage, however only a few traders can actually leverage this situation for their benefit.
The primary reason many traders cannot or do not use this situation to their advantage is either due to the lack of knowledge about the going rates of coins at a given time on all exchanges. This is very reasonable because most people do not have the time of day to consistently browse through all the crypto exchanges and see the going rates of each coin.
As the number of tokens will increase, we will be needing a platform which can bring some kind of interoperability between all tokens. Also, we would be needing block explorer to keep track of all these new cryptocurrencies. Cryptassist is one company which has decided to handle all these issues and provide a complete solution on a common platform. The company will provide a wide range of services which will meet the needs of everyone (beginner or expert). You can also use Cryptassist to remain updated will all the latest news in the crypto industry. After seeing the list of services, I was surprised by the fact that how can they provide so many things. But, the best thing is that they have promised that despite how complex their operation would be, the user will feel very easy while operation on the platform. They have put special attention on UI and UX as it serve as a key parameter for customer retention.
Features
• Debit Card: A debit card allows refilling the card with any of leading 50-cryptocurrencies and makes use of them anywhere and anytime worldwide where visa, as well as MasterCard, is accepted.
• CryptoGo: It’s a special app allowing the user to search as well as locate and receive rewards in tangible form.
• Crypt starter: It’s advanced and innovating crowdfunding feature which will enable users to organize fundraising for their creative projects.
• Exchange: It’s a spot check with full licenses and offers full crypto-currency trading with discounted-fees for CTA trades.
• Mult-Coin Block-Explorer: This feature allows elimination of multiple-blockchain explorers to enable search of various transaction histories for various coins.
• Chat pay: It’s a social messaging as a well conversant online payment method that operates on a well-decentralized network.
• Philanthropy Innovation: It allows the donation to charity work organizations in either top 50-cryptocurrency or via the fiat. All donations are tracked in real time.
• Arbitrage Opportunities Alerts: This allows the users to regularly receive alerts when certain coins display prices on selected exchanges and arbitrage opportunities come knocking.
• ICO Assistant: This is helpful in assisting the project founders to plan as well as launch an ICO to help them raise capital for their project.
How it work:
A user can choose a specific portfolio of coins, and then setup a certain price for buying or selling and the Cryptassist system will alert the user whenever one or more of the coins’ in the user’s portfolio reaches either the specified buy or sell price. Each arbitrage alert does come at a small fee of 0.01 USD or one cent. The transactions for the arbitrage alert however does not take place in USD, the user will have to pay Cryptassist in the form of CTA. CTA is the cryptocurrency of the Cryptassist platform.
Another one of the services Cryptassist will be providing actually compliments their arbitrage system quiet well. Unlike Cryptassist’s other services, this particular service is not related to knowledge. Cryptassist will be creating a very unique exchange platform that will be connected to several other exchange platforms. The benefit of this exchange platform is that users will be able to make trades on several exchange platforms through just one exchange platform. This can save users a lot of time, time which can be vital when making rapid trades in a volatile market.
ICO and Token
Cryptassist uses ERC20 token which is created on Ethereum blockchain. The company has released more than 6.7 billion CTA tokens for sale. Cryptassist will organize an ICO sale from in Q3 this year. The tokens will be sold at a rate of 1 CTA= $0.05 USD. Cryptassist will accept more than 100 different cryptocurrencies as well as fiat money for the token. I loved the fact that the company is providing so many choices for the purchase of CTA tokens. However, you need to invest a minimum of 50 USD.
CTA is a limited resource in digital form. Each CTA is tracked by a CTA blockchain that ensures that information or data is stored or shared using mathematical rules and sophisticated software that is almost impossible to manipulate to make more CTAs.
Token CTA
Price 1 CTA = 0.05 USD
Platform S-Scrypt
Accepting 100+ Cryptocurrencies and Fiat
Minimum investment 50 USD
Soft cap 36,980,000 USD
Hard cap 236,250,000 USD
Country Malaysia
Whitelist/KYC None
Restricted areas USA, Singapore
Cryptassist Funds Distribution
The proceeds of the crowdfunding will be used as follows:
- 25% will go to Operational Expenses,
- 18% will go to Marketing & Business Development,
- 20% shall be reserved for Research & Development,
- 18% of the proceedings will go into the Cryptassist Product
Development and updating the application and all other products of
Cryptassist, - 12% is reserved for Team Salary & Expansion of the team,
- 2% will be dedicated to nonprofit organizations dedicated to
reforestation and ocean conservation - 5% will go to the Legal & Miscellaneous aspects of Cryptassist.
RoadMap
Cryptassist is a game changer in cryptocurrency world. It’ will offer everyone with essential and easy to use tools. The platform is user-friendly and will enable time-saving. They have been heavily linked with various newspaper, journals, exchange platform which gives a confidence that the company has a high chance of succeeding.
Website Link: http://cryptassist.io/
Whitepaper: https://www.cryptassist.io/assets/downloads/whitepaper.pdf
ANN Thread Link: https://bitcointalk.org/index.php?topic=4553885.0
Telegram: https://t.me/cryptassistcoin
Bitcointalk Username: TheMayweatherUK
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1661797