Crypterium — A Cryptobank for Everyone

What Is Crypterium?

Providing cryptocurrencies to mainstream everyday users, will require dedicated cryptobanking services. Only once a person is able to use cryptocurrency in the same way that they use any other currency, will all of the benefits of cryptocurrency, such as lower transaction costs, speed of payment, removal of national boundaries and so on, become real. There are already 3 million daily users of cryptocurrencies, a number that is expected to exceed 200 million by 20256. The demand for cryptocurrencies exists now and will grow at an annual CAGR of ~70% for the foreseeable future.

The potential to satisfy this demand is perhaps the most exciting banking development of the past 100 years and the prize for those who are successful is a place on the global banking landscape at a rate of growth and a worldwide presence that can never be matched by any traditional banking development plan.

The Crypterium Cryptobank will be a first step in satisfying this demand. It will be made available for download via the IOS or android marketplace and is planning to be ready-to-use on mobile devices immediately. Unlike conventional mobile banks that take weeks to process and issue cards, the Crypterium Cryptobank provides an instant processing engine for both fiat and crypto based currency transactions while enabling inter-changeability between the two. With Crypterium’s digital bank customers will finally be able to use cryptocurrencies to pay for fiat based goods without transaction

limits and with low commission on any of the world’s existing 42 million payment terminals and many internet stores and payment points. Crypterium’s technology platform is developing to be based on algorithms that allow for the most efficient exchange rates matching across natural peer-to-peer flow as well as third party Crypto-exchanges. This is planned to be quickly followed by a range of complimentary banking services from simple Peer to Peer payments to Cryptocurrency backed lending.

ICO

Over the past 5 years, the team at Crypterium has been building the platform on which its cryptobanking services will be launched. The next stage in our development will be the release of a cryptobanking payment platform that will in turn will its own cryptocurrency — CRPT, to feed the transactional process. This platform will be ready for the release at the end of Q4 2017 — early Q1 2018, and we aimed on developing it in future. This Whitepaper highlights the key stages and features of Crypterium payment solution and the future trajectories in which our products will be developed.

In advance of their use within the Crypterium cryptocurrency bank, Crypterium is offering pre- payment of the CRPT token. Crypterium allow for pre-payment up to 210 000 000 CRPT tokens at the

initial market value of 0.0001 Bitcoin per CRPT. Further details of the ICO and the potential benefits of CRPT ownership are provided in this Whitepaper. The binding terms and provision of CRPT Token Sale will be outlined in the Terms & Conditions provided at https://crypterium.io/ (the “Website”).

Solutions

Crypterium is a contactless cryptobank for everyone

Everything you need in your smartphone: payments, transfers, currency exchange, instant loans. Our goal - replace your bank.

No more wait times for your card to be issued.
You will get your virtual card just after registration.

No limits on transaction volume.

Seriously, no limits in crypto or ﬁat.
No need for currency exchanges. Instant payments

in ﬁat money or cryptocurrencies internationally.
Integration with third-party payment wallets or services

(PayPal, Gyft, WeChat, Alipay, PayTM)
Loyalty programs and cashback for every transaction,

increased cashback for token holders.
Contactless payments options — ApplePay, SamsungPay,

AndroidPay, QR code mechanics and many others.

Cryptowallet

Crypto asset and currencies are contained in digital smart contract wallets. Using currently available smart contract wallet technology, there is no need for customers to move money out of their wallets and into Crypterium, Crypterium will simply debit the appropriate amount from the wallets in the predefined manner as identified by the payment protocols, and displays the remaining balances to the customer within the Crypterium mobile banking App.

In this way, the customer will be able to see all their Crypto assets in one place, whilst at the same time being able to spend them in practically any order or mix of their desire, even if the assets are in different wallets, in the secure knowledge that Crypterium has no access to such assets unless the smart contract triggering payment takes place. Maximum freedom with ultimate security.

Distribution Of Tokens

● 70% : Total ICO distribution to the community together with the option (valid for 1 day after the ICO) for our ICO partners to acquire up to $1m at the initial offering price

● 15% : Deferred addition funding

● 9% : Reserved for the founders and management of the ICO

● 3% : Reserved for ICO partner advisers

● 3% : Reserved for marketing campaign team

15% of tokens allocated for marketing and loyalty purposes will be gradually released to enlarge userbase and to fulfil Monthly Loyalty Program.

Crypterium is focused on delivering those products that support mass scale adoption as quickly and efficiently as possible and thereby simultaneously delivering value to CRPT holders.

The final 15% of tokens will be distributed amongst the project team, advisors and the participants of ‘bounty’ campaign.

Crypterium ensures the existence of tokens in the ownership of people who will purchase tokens no later than 25th January 2018 (23:59:00 UTC-4), in case of providing by that people all the necessary account details. Distribution of tokens can be conducted before 25th January, but tokens will be inactive for usage and transfers. All possible functionality of tokens will be active on 25th January.

Purchase of tokens via wire transfers will be stopped in 10 days before expected date of ICO completion. People, who intended to use this transfer method should deposit all funds before that date or use other transfer methods (BTC, ETH, LTC)