CRIP.TO ICO

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CRIP.TO

CRIP.TO is a decentralized blockchain based social networking platform that provides users the complete freedom to interact, communicate with other people online in a protected and monitored environment.

Details

ICO Name CRIP.TO
Description CRIP.TO is a decentralized blockchain based social networking platform that provides users the complete freedom to interact, communicate with other people online in a protected and monitored environment.
Website URL https://crip.to/
White Paper URL file:///C:/Users/Hira/Downloads/CRIP.TO_%20WP_FULL_08.02.2018%20_VERSION_1.0.pdf
Token Platform ETH (ERC20)
Coin Price 0, 00015 ETH
Funding Cap 15 400 000, 00 EUR
Coins Offered 300 000 000 tokens

What Is CRIP.TO?

CRIP.TO is a decentralized blockchain based social networking platform that provides users the complete freedom to interact, communicate with other people online in a protected and monitored environment. The platform intends to empower users to execute their rights of communication by deciding which information they wish to be shared and which must be kept confidential. The platform offers complete protection to its users against unwanted intruders or those who wish to deprive you as far as freedom of choice and interaction is concerned. The company claims to develop products that take into account the libertarian values. To meet or exceed customers’ expectations, the company never compromises on quality.

Concept

CRIP.TO is a blockchain based decentralized network that enables users to communicate with each other through an end-to-end encrypted technology. The platform intends to develop a secure social networking place where users can express their ideas freely and share their emotions and griefs, happiness and sorrows with other people without fearing the unwanted interception. The platform also allows third-party developers to access the platform by paying a nominal fee, other users can also put their contribution in the development of the platform by acting as nodes. The platform also intends to incentivize people making a positive contribution to the network in form of reward tokens.

How Does CRIP.TO Work?

Users are required to buy CRIP.TO app in order to access the platform. After the purchase is successful, users are awarded a serial number comprises of a QR code as well as a pseudonym. To access services offered by the platform, users need to scan the QR code using their mobile phones and tablets. People who use standalone shield may continue to communicate and transmit the information to the application. On the other hand, if they use Black plus shield offer, then users may need to connect the black using a Bluetooth or USB so the communication is encrypted and the shield transmits the data and information.

Black stores the encryption keys and users can terminate or disconnect black after the data is transmitted. Since Black is an uncommon application, and people seldom use it for connection purposes, therefore, the chance of getting decrypted for black is next to impossible. All the communication is stored on CRIP.TO servers which are based in Iceland. The messages are stored in CRIP.TO servers and remains there until the recipient receives them. The platform respects the confidentiality of users and removes the data as soon as in is retrieved by the intended party.

Earn CRIP.TO Tokens

To earn CRIP.TO tokens people need to contribute to the main sale of the ICO that is expected to be launched in this month. i-e March 2018. The pre-sale of the ICO ended in February 2018. People who wished to earn CRIP.TO tokens could also have participated in the pre-sale phase of the ICO.

Buy CRIP.TO Tokens With E-Wallets

To buy CRIP.TO tokens, people need to send ETH using their e-wallets. The platform also accepts bitcoin, litecoin, and ripple as its accepted form of payments. So people who wish to buy CRIP.TO tokens can also contribute to the crowd sale of the ICO using ETH, BTC, XPR, LTC, and even fiat. Investors can also buy CRIP.TO tokens from the supported exchanges all around the world in exchange for other cryptocurrencies.

The ICO Distribution

The ICO was scheduled to take place in March 2018. It’s almost been mid of the March 2018, but the ICO hasn’t started yet.  The ICO was planned to end in April 2018. The exact opening and starting dates of the ICOs are currently unknown. There will be a total token supply of 300 000 000 tokens. The ICO anticipates observing a hard capping of 15 400 000, 00 EUR. The starting price of the ICO is expected to be 0, 00015 ETH.

Token Distribution

The ICO plans to distribute its tokens under following proportion;

  • 3% tokens are planned to be distributed to offer bounty programs
  • 5.333% tokens are planned to be offered during the pre-sale of the ICO
  • 3.33% tokens are planned to be distributed amongst partners of the ICO
  • 4% tokens are planned to kept aside as core activity reserves
  • 16.67 % tokens are planned to be distributed between third parties and the community of the ICO
  • 7.67% tokens are planned to be distributed amongst advisory members of the ICO
  • 60% tokens are planned to be made public so people can buy them

Funds Allocation

CRIP.TO plans to allocate funds generated through the ICO to following departments;

  • Research & Development
  • Black lite R&D
  • Marketing
  • Operations
  • Customer Support
  • Sales Channels
  • Personnel
  • Office (TLL HQ)

Bonus Offers

Like other renowned ICOs, CRIP.TO also plans to offer bonuses to people contributing in the ICO during early days of the launch of the ICO. The ICO intends to offer bonuses on the quantity of the ETH purchased.

  • 10% bonus is offered to people buying a minimum of 1 ETH
  • 20% bonus is available for those buying 10 ETH at least
  • 30% bonus is planned to be offered to the investors buying 50 ETH
  • 40% bonus is offered to contributors buying 100 ETH

Team Members

The ICO has following team members;

  1. STEFANO ALBERICO is the CEO and Founder of the ICO
  2. MARCO CENDERELLI is the COO and Co-owner of the ICO
  3. STEFANO CAMPADELLO is the Chief Architect at CRIP.TO
  4. PIRET UUSTAL is the Chief Designer CRIP.TO
  5. FRANCESCO G. RENZI is the Jack of trades at CRIP.TO
  6. EMANUELE FRANCIONI Is the Blockchain expert at CRIP.TO
  7. VLAD is in the Research and Development Department of the ICO
  8. DIEGO is the advisor to the company
  9. SERGIO is also an advisor to the company
  10. MARKUS is another advisor to the company

Invest In CRIP.TO

After a careful review of the ICO, we hereby conclude that CRIP.TO appears to be a legitimate ICO. Some areas of the ICO are needed to be addressed such as a planned schedule for fundraising and the cost of the application. Initially, it should have been offered for free. Other aspects of the ICO seems to be quite in line. We believe people should invest in CRIP.TO and take a chance. We hold a view that investing in CRIP.TO won’t be a bad decision taken ever.

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