Cryptassist - Platform based on blockchain
The Cryptassist ecosystem was designed to make the cryptocurrency world easy for everyone, whether they are crypto experts or novices. We strongly believe that cryptocurrencies need to be useful in everyday life. Cryptassist will benefit everyone by providing them with all of their crypto tools on one easy to use platform, saving them valuable time and unnecessary extra effort. This variety of tools and services will send personalized notifications to users who have unique profiles, objectives or investment strategies. Users will be able to use their CTA to access these tools and notifications. Cryptassist Dag Based Algorithm It is believed by many in the cryptosphere that DAG will...
Token sale ended
- Token: CTA
- Price: 1 CTA = 0.05 USD
- ICO start: 28 Jul 2018
- ICO end: 16 Aug 2018
- Country: Malaysia
The Cryptassist ecosystem was designed to make the cryptocurrency world easy for everyone, whether they are crypto experts or novices. We strongly believe that cryptocurrencies need to be useful in everyday life. Cryptassist will benefit everyone by providing them with all of their crypto tools on one easy to use platform, saving them valuable time and unnecessary extra effort. This variety of tools and services will send personalized notifications to users who have unique profiles, objectives or investment strategies. Users will be able to use their CTA to access these tools and notifications.
Cryptassist Dag Based Algorithm
It is believed by many in the cryptosphere that DAG will become the next generation Blockchain. Blockchain 3.0. In order to stay at the forefront of crypto technology, Cryptassist will convert to a DAG based algorithm. Blockchain is a concept that started gaining popularity as a standalone technology in 2015. Previously, it was known only as the data structure underlying the technology behind Bitcoin and was referred to simply as “a chain of blocks”. As Bitcoin rose in popularity, it became known as Blockchain 1.0. With the rise of Ethereum as a decentralized platform for applications, the crypto world began to refer to it as Blockchain 2.0. What is DAG? Direct Acyclic Graph, or DAG, is a structure that uses topological ordering, meaning that it can only go from earlier to later. DAG is often used to solve problems related to data processing, scheduling, data compression and finding the best route in navigation. Much inefficiency was exposed through Bitcoin’s use of the POW (proof of work) system as blocks can’t be created simultaneously. Due to the linked storage structure, only one chain is created for the whole network and all transactions occurring within a similar timeframe are kept in one block. This means one block can only be created every 10 minutes. The Blockchain combination with DAG still originates from the idea of side-chains, which means different types of transactions are running on different chains at the same time. The DAG of blocks still relies on the concept of blocks. With Bitcoin, the block creation speed is a bottleneck and it takes 10 minutes to generate a new block.
Cryptassist Deflation Model
Cryptassist’s advanced deflation model creates the potential for a considerable decrease in CTA coins in circulation, which can have a positive effect on the market. CTA is a finite (albeit digital) resource. Each CTA is tracked by CTA’s blockchain which ensures that the information, or data, is stored or shared using sophisticated mathematical and software rules that are almost impossible to manipulate to create more CTA, therefore making the number of CTA finite. As CTA are used to pay for services or products on the Cryptassist platform and these CTA are burned, this reduces the number of CTA available, creating a deflationary effect. Cryptassist will offer multiple special services and products for which customers can pay with CTA. All CTA used within the Cryptassist ecosystem and all CTA used for Cryptassist services and products will always have the same value in USD no matter how high the value of CTA will go. One Cryptassist alert will always cost $0.01 USD (one cent). This will be deducted from the balance in your Cryptassist application after using a service. The CTA that are used for Cryptassist services will be burned, creating deflation. For example: If one CTA costs $1 USD, this will give credit for 100 alerts as each alert will cost you $0.01. This means that after 100 alerts there is one less CTA on the market. If the value of CTA is $2 USD this will give a credit for 200 alerts and so on.
Cryptassist Philanthropy Innovation
As a further demonstration of the Cryptassist philosophy of giving back to the community and the environment, integrated into the Cryptassist platform will be a mobile and web based app to allow nonprofit organizations (NPOs) and donors to track and validate contributions.
The Cryptassist Philanthropy Innovation App will be FREE for NPOs and all classes of donors to use
Millions of dollars are not donated to worthy NPOs due to a lack of transparency and the inability of donors to track their contributions. Individuals are poorly incentivized to donate because of this lack of transparency and then are generally not rewarded for their generosity. Corporations are under pressure to display corporate social responsibility (CSR) to attract customers and also find it difficult to verify and demonstrate to their clients and customers their usually substantial donations to NPOs. In addition, nonprofits must efficiently comply with regulations and reporting. The Cryptassist Philanthropy Innovation (CPI) seamlessly solves the problems through an easy to navigate mobile and web based application.
CPI utilizes blockchain technology to securely track, verify and incentivize donations to NPOs, the advantages of which can be best demonstrated by separating it into the features for each of the four categories of users it seeks to serve. 1) Nonprofit organizations: CPI will allow nonprofits to update their donors in real time showing when and where the donor funds are used with specific sets of data and metrics. The NPO will therefore gain visibility and trustworthiness in a crowded funding space. They can streamline their accounting operations and facilitate regulatory compliance. The NPOs will have full control over the degree of visability in the information they share. 2) Donors Donors will be able to track their donations in real time without waiting for the annual report or other regulatory documentation. Incentives may be provided by corporations where donors will receive vouchers or other redeemable considerations. Eventually, as the public gains an understanding of the benefits of CPI, it is anticipated that a donor will first determine if a nonprofit organization utilizes the CPI app and then make a donation based on whether or not the app is used. 3) Foundations Foundations account for approximately 20% of the donations to NPOs and those that support NPOs will be able to readily analyze compliance and funds management. Foundations will also receive increased confidence, knowing their funding is going directly to program costs and not to paying large overheads for staff for compliance and reporting, leading to more impact for the funds distributed.https://www.youtube.com/watch?v=8QeI42852-U
Public Relations Manager
Mobile App Developer
Blockchain Advisor / Consultant / Strategist / Investor
Marketing, branding & Business development Advisor (AllcoinWiki founder. Ex Ericsson top executive)
Blockchain & Tehnical Advisor (Vice President of Ericsson. Included in the world's top 5 blockchain advisors)
Smart Contract Advisor
Partners & Investors
- Q3 2017The first concept was created by the founders.
- Q4 2017Core team was founded. Test applications were designed and beta trading tools built that led to the decision to progress to full development.
- Q1 2018Product development started.
- Q2 2018Initial Coin Offering (ICO).
- Q3 2018Finalizing the ICO Cryptassist Exchange introduced. Webshop introduced. CTA coins listed on exchanges. Customized debit card introduced. OTC platform launched. Alpha version of application. Users can register accounts and deposit CTA coins into their account wallet.
- Q4 2018Cryptassist Mobile Application project fully launched, including pay-per-alert push notifications. Cryptassist Freelancer added to the platform.
- Q1 2019DAG algorithm implemented. Cryptstarter launched. Individual coin and exchange pages are available and amount of coins/exchanges tracked will increase. Cryptocurrency news tab and new coin alerts implemented.
- Q2 2019Release of web client with desktop notifications. Implementation of news and social feeds to the algorithmic trading bot to increase accuracy of Cryptassist and track potential movements.
- Q3 2019Increasingly customizable user interface. Team continues to add content and functionalities.
- Q4 2019Additional application feature development and development planning continues.
- Platform: PoW/PoS
- Price: 1 CTA = 0.05 USD
- Accepting: BTC, ETH, LTC, DASH
- Soft cap: 36,980,000 USD
- Hard cap: 236,250,000 USD
Registered address: WHITE CASTLE TEAM SDN. BHD. NO. 104, JALAN LEP 4/6, BANDAR PUTRA PERMAI PUCHONG LESTARI, 47110 PUCHONG, SELANGOR, MALAYSIA.
Did’t found the proof link
Prehistory of project
According to the roadmap, first activities for project were at Q3 2017.No prehistory of the project were found
Product or its MVP
Cryptassist Beta Wallet APP
Advisor Guy Corem – Advisor at CRYPTICS
Advisor Simon Cocking has a lot of experience in blockchain, all projects are listed in his profile.
Advisor Ian Scarffe has a lot of experience in blockchain, all projects are listed in his profile
Co-Founder at Allcoinwiki
Advisor Nikolay Shkilev has a lot of experience in blockchain, all projects are listed in his profile
CO-Founder at TimeBox
Advisor Vladimir Nikitin has a lot of experience in blockchain, all projects are listed in his profile
Advisor Phillip Nunn has a lot of experience in blockchain, all projects are listed in his profile
No Escrow information were found