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Ratings Crypt ON

Synergy of Different Business on One Single Platform

Crypt-ON - a multiservice p2p platform to provide safe and secure transactions based on smart contracts. Besides the escrow service, the Crypt-ON ecosystem includes a p2p lending service, a crypto freelance marketplace and a p2p local crypto-exchange. Crypt-ON is aimed at a wide range of users — from beginner crypto-enthusiasts and freelancers to marketplaces and managers of blockchain projects. Using a variety of Crypt-ON services it will be easy to buy and sell goods, apply for loans, look for work or hire professionals and to exchange cryptocurrency for fiat. All operations of the platform users are stored in smart-contracts. Users’ reputation will be determined through the trust token smart-contract mechanism. All user actions, transactions results, reviews and etc. will affect their rating. In fact, a trust token is a cryptographically secure rating of the reliability/trustworthiness of each user in the Crypt-ON system and it is stored in a smart-contract. There is another security feature to protect our users: an independent arbitrage system which is getting more and more independent with the ongoing project’s development and eventually forming a full-fledged community where DAO delegates will act as judges. Creating a DAO on the foundation of the platform is an important task for the Crypt-ON team. Thus, many of the tasks associated with developing a platform, improving functionality, increasing the user base and managing legal issues will be performed by the community itself. The mission of the Crypt-ON project is to create a global workspace for reliable and mutually beneficial cooperation of cryptousers all over the world. I-Point token (IPT) is an utility token, a universal way for settlements of any transaction on the p2p platform Crypt-ON. Also, using of IPT provides a 50% discount on fee services, insurance of trades, access to hiring through the crypto freelance marketplace and rapid growth of user rating.

4.0
17 expert ratings
4.8
3.8
3.9
3.8
View rating distribution
Ended
2018-10-01 - 2018-10-30
39 days 22 hours left
2018-10-31 - 2019-01-21
Token
IPT
PreICO Price
1 IPT = 0.08 USD
Price
1 IPT = 0.1 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
ETH, BTC, BCH, BTG, DASH, LTC, Bank Wire
Minimum investment
50 USD
Soft cap
4000000 USD
Hard cap
16000000 USD
Country
More on ICO
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Ratings

Igor Karavaev
ico and sto advisor
Rated on Oct 26, 2018
Modified on Oct 29, 2018
3
1
3
7%

With all my respect the team should be reinforced to reach the project`s targets. A few consultants as “advisors” is not enough to create globally “the platform with secure transactions and escrow service”. The whitepaper contains a long description of the “product” with no numbers. Competitive analysis and business planning approach should be added here for sure. As it a highly competitive area. Or it is not accepted as a paper related to investments/fundraising. Not able to check MVP as it is locked - will improve if i see it, but anyway it should be open to public.

+1Agree
-1
-2Disagree
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Ong Jun Hao
Founder Of BlockConnectors.io (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert
Rated on Oct 28, 2018
3
4
4
7%

I think the number of technical/engineer background people in this team is a little too small if they want to pull off a project like this. Unless they are hiring an external tech team.. the roadmap looks decent but definitely want to see more updates/progress from the team during this period even during their sales.

+1Agree
-2
-3Disagree
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Paresh Masani
ICO Consultant | Influencer | Strategy and Vision Execution | Public Relations | Crypto-funds | Blockchain Development Lead
Rated on Nov 7, 2018
3
3
3
7%

Good business team but need some more blockchain experts as this project is Technology heavy!
I see many new terms and algorithm in the whitepaper but offering same things already been tried by many projects.
Market is saturated with this kind of concept of safe and secure transactions based on smart contracts. Need to think something better!

Agree
-2
-2Disagree
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Nozomu Nakazato
ICO consultant
Rated on Sep 18, 2018
Modified on Sep 18, 2018
5
5
4
7%

What the project is trying to accomplish is huge, but by integrating the four services into one platform, it will maximize the convenience for users and investors. I think that this "convenience" keyword is very useful for sorting out the most powerful ones among the frequent ICOs. Nobody wants to use services that require complicated procedures and work.
I can mention that the team is international and rich in expertise in various fields.
Inviting the owner of DAO to its own platform, the business construction of the project is precise. Many ICO projects remain concerned about long-term possession, but this project shows usefulness for long-term possession.

+14Agree
+13
-1Disagree
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Dmitry Pshenin
CBDO LATOKEN | Cryptoinvestor | Advisor | Listing | Networker
Rated on Nov 8, 2018
3
3
4
6%

I don't see enough expertise from the blockchain team yet. There is a risk after the fees not to implement the project. Quite a lot of similar projects.

Agree
-1
-1Disagree
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Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Oct 15, 2018
5
4
5
6%

I think that one product is a representative example that brings lots of synergies.
What they are trying to realize is very difficult, but I'm sure they will be successful as there are excellent members.

+11Agree
+11
Disagree
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Yuichiro Okazoe
Yuichiro Okazoe
Rated on Oct 25, 2018
5
5
5
5%

The hardest thing about doing business is to know how reliable a person you are.
This is an important matter in financing and conducting sales transactions.
Platforms that secure "trust" will be in demand all over the world.

+9Agree
+9
Disagree
Report
Miruna-Maura Barbulescu
Entrepreneur, Author and Marketing Specialist
Rated on Nov 1, 2018
5
5
5
5%

The team size is too small. Greatly recommended to increase it in order to successfully implement this project.
Aside from this, the project seems promising.

Agree
0
Disagree
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Anthony Manfre
Founder TOTS | Strategist | Consultant | ICO | STO
Rated on Oct 31, 2018
3
4
4
5%

The creation of DAO will be the challenge here as it is ambitious but the end result solves a lot of issues for people so I can see the potential. Gaining adoption and trust is vital to project success and this starts from the project achieving each milestone as per the roadmap.

The team also lacks quality talent to carry out the vision set out and expect this would need to be considered post raise.

Agree
-1
-1Disagree
Report
Cem Goksel Ozargun, MA, PMP, CSM, PSPO
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Trader, Lecturer, Jack of All Trades
Rated on Nov 1, 2018
3
3
3
5%

Has an MVP. Positive +

Nice hype. 17k on telegram and 8k on twitter. Positive +

Nice token terms. 77% of tokens are allocated to contributors. Hardcap is $16 million which is OK. Positive +

Roadmap started in December 2016. Positive +

Team and advisors are not very experienced in this field. Some of them are even not very experienced at all. I wonder if there may be some information missing on their Linkedin profiles. Negative -

There were so many similar projects and they failed. It may be a bias but I think it will be very difficult for blockchain-based freelancer platforms will succeed unless they are backed by some VCs. You might reply saying that you are more than a freelancer platform. You may be right but I guess this would be your main objective. Negative -

Poor website and paper design. Negative -

In overall, I weren't able to give you higher scores. Sorry guys. Hope I'm wrong and you will become really successful.

Agree
0
Disagree
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Dean Karakitsos
Founder of Bloqchain Science | Co-founder of Bloxy.info | Co-founder of Qrypton.io
Rated on Oct 29, 2018
4
5
3
4%



Disclaimer: This is not a due-diligence of the above mentioned project/company or shows a method measuring the viability of this idea in the market or an investment proposal to the project. My review is not intended to be a source for advice. My review is not using any methodology to decide if the project is a scam or operates any other shady scheme. This is a project review pointing out mostly on incorporation of different technologies. I used published information on ICObench and project links. I was not financially compensated in any way for posting this review. The opinions expressed are my own and are based on my observations while reading the white paper and published project’s information.*//

Agree
0
Disagree
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Simon Zenios
Lawyer & Director at Simon Zenios & Co LLC | Blockchain Legal Advisor | ICO | Law & Security Instructor at SGT
Rated on Nov 14, 2018
5
5
4
4%

This project if and when developed and implemented accurately, will be very convenient to all its users. By putting to good use the four services this is offering we will see how very useful this entire project will be. I’ve noticed also that it has already created some ripples in the cryptoworld, and it has gained a good following on social media channels too. An MVP is available, and also a good team that has good knowledge in their fields and I believe they can accomplish their roadmap.

Agree
0
Disagree
Report
Savio Gomez
Blockchain AI Professional, Faster Capital, Captain, PhD, Auditor, IMMO, IDACB, Investment Aggregator
Rated on Nov 23, 2018
Modified on Nov 23, 2018
3
3
2
4%

DYOR, I'm just thinking out aloud.

Read the WP and figure out what this project is trying to do, it does come across as alot that has to be achieved here.
The market seems rather saturated with these kinds of concept of safe and secure transactions based on smart contracts. Can this stand out? Have to just wait and see if this freelancer platforms can succeed (funding is key and backing by some VC or angels is paramount, expecially in todays market).

Am I missing something or is the MPV a diagram? Would definitely want to see more updates/progress about this.

Like many have stated, the team size seems a bit on the smaller side, considering the size of this undertaking and just how tech heavy this project is. Unless they are outsourcing some of the development?

DYOR, I'm just thinking out aloud.

Agree
0
Disagree
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Sayali Joshi
Blockchain & ICO Advisor, ICO MARKETING, PR, IBM Certified Developer, BLOCKCHAIN EXPERT
Rated on Oct 30, 2018
Modified on Oct 30, 2018
5
5
4
3%

I am satisfied with the team, additionally they will be reinforced by external team that is plus.

Mutiple things in a single project but yes they have working product and i took overview of that, seems fine as per my expectation i am sure they are going to expand it.

Roadmap and WP is quite good just want to see few more updates in Roadmap and WP.

Big vision requires big amount of efforts, looking same from this project.

Best of luck

Agree
0
Disagree
Report
Gao Jie
Serial entrepreneur
Rated on Nov 19, 2018
Modified on Nov 19, 2018
3
4
3
3%

It seems too complicated as a startup, not a very clear vision for what they can do the best.

1.The MVP is one page with a diagram,not convincing at all;
2.From Github, I saw smartcontract update for crowdsale days ago, but seems it was revised from the codes written several months ago, I am not sure if it is a bad thing;
3.Telegram group seems ok, most of the conversations is about the ICO (including some who care about MVP).

Generally I would rather wait to see.

Agree
0
Disagree
Report
Liliana-Delia Trocan
Journalist, PR, Business Woman and Crypto Enthusiast
Rated on Oct 31, 2018
3
5
5
3%

The team is rather small but they do have an MVP. This looks like an interesting project, however I would greatly recommend you guys to enhance your team to successfully implement it.

Agree
0
Disagree
Report
Ashton Wolfe
Listing Legend | PR | ICO Analyst
Rated on Oct 31, 2018
5
5
5
3%

I met Paul and the team at Futurama and was instantly impressed. This group of highly skilled individuals know how to delegate and execute at the right place and the right time. The platform they are creating is going to be a next level p2p lending service that can benefit it's entire public base. On top of that, they will be able to generate new users from their freelancing platform creating an ecosystem of talented individuals that can flourish in the crypto space. I'm going to continue following this project and keeping up with their progress. Great work so far, keep it up!

Agree
0
Disagree
Report
Benchy
ICO analyzer bot
4.8
15%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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2 members invited
Paul Andreev
Passed
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Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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