Choosing an ICO to invest in? Several days more to invest into Crypterium (Hardcap almost reached).

[Stivenson]

Crypterium platform plans to launch the 'JP Morgan' of cryptocurrency banks. They hope to provide crypto currency banking to every day people and aid in helping to take cryptocurrency mainstream.

There's currently around 3 million crypto users, whilst this number is impressive it's estimated that the market will grow quickly over the next few years which shows the need for a reliable banking service in the market. The new cryptobank will be available for download in the android and IOS marketplaces to provide users with an easy to use app. They state in their whitepaper that they'll provide instant processing for both cryptocurrency and fiat transactions. Many of the current crypto debit card available charge high fees and can have low limits. With cryptoerium there will be no transaction limits and the commission charge will be low and will allow users to pay with cryptocurrency for fiat based products using standard payment terminals.

The team behind the project seems to have a fair amount of experience, it states in their whitepaper that combined they've previously raised over $50 million into fintech projects. Two of the Co Founders also have experience in the payments industry after founding PayQR which was a contactless payment platform. Their app quickly became one of the leading apps in the Google Play store and won a number of awards.


Crypterium ICO Details:

- Price: 0.0001 bitcoin per token.
- Token name: CRPT
- Sale dates: 31st of October until 12th of January (or after hit Hardcap).
- Soft cap: $3 million
- 1% additional bonus by using my link: https://tokensale.crypterium.io/?ref=c3 ... a676be64c4

Reasons I'll be investing in the ICO:

- The new bank plans to offer a wide range of different cryptocurrencies rather than just offering Bitcoin like many of the currency options do.
- The fees that they plan to charge are very low which should attract users to use the bank often
- They're planning to target Asian businesses with their own software. I'm an ex-pat in the Philippines myself and most businesses still only accept cash. By offering a low cost solution I think it should quickly gain adoption which will in turn promote cryptocurrency in general.
- The team behind the project seems to be very impressive with a history of already creating successful companies in the industry. The team behind the ICO is the main thing I normally I look at, it's easy to come up with a nice idea but putting it into practise is much harder.
- They also have businessesmen who've ran global companies acting as their advisors, you don't see that with many of the current ICOs on offer.