The platform allows buying or selling crypto for cash safely and quickly with a 3rd party escrow service. CryptoCasher undergoes a thorough verification on escrow services before adding them on its portal. The escrow service will be able to enjoy some additional income from the transaction fees.
CryptoCash also eliminates the process of buying or selling cryptocurrency in personal meetings which could be risky for both buyers and sellers.
CryptoCasher team consists of highly skilled professionals with multiple years of pat experience in the field. Core team members were all born in Estonian and our head office is located also in Estonia. As stated by many publications, Estonia is in top five most Crypto-Friendly Countries in Europe.
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Rated on Sep 27, 2018
"The platform allows buying or selling crypto for cash safely and quickly with a 3rd party escrow service. CryptoCasher undergoes a thorough verification on escrow services before adding them on its portal."
Basically, this is an OTC service. Why do you need a third party escrow service?
Additionally, why there is no Advisor appointed to your team?
Rated on Sep 19, 2018
CryptoCasher is aiming to launch a peer-to-peer decentralized marketplace for trading cryptocurrencies to cash and cash to cryptocurrencies, all backed by a 3rd party escrow service. If one would like to use the service, they will have to install the CryptoCasher app and add a buy or sell point on the map. After which a transaction (price and escrow) will have to be accepted by both the seller and buyer. The buyer won’t have to do anything with the seller and the seller won’t have anything to do with the buyer. They will only be in contact with the escrow, while still allowing the system to be person-to-person. Escrows will undergo a thorough verification check and can be businesses like shops, cafes and restaurants. Becoming an escrow will make them earn an X% fee of the transaction. Additionally, the transactions are always secured due the insurance of the CRR token in the escrows account. If an escrow fails to fulfil their obligation, the seller will be paid out in CRR tokens from the escrow’s account.
So, basically the CryptoCasher project comes down to the following: safe (international) peer-to-peer trading of cryptocurrencies to cash and vice versa and the ability to become an escrow and earn money.
The entire core team is from Estonia and they have a decent experience in leading and managing businesses. The team currently consists out of 18 people, of which almost none have any prior experience with blockchain and cryptocurrencies. So, that is definitely a field they are lacking in.
According to their roadmap they are only planning to start developing their product in Q1 2019, after the token sale. I would rather see this be in development, with a MVP or demo going out. In 2020 they aim for global expansion, however information is missing on what they are planning to do and how they are planning to do it. Additionally, I cannot find any information on where they are planning to launch their product first and why.
I like the idea, but I feel some necessary information is missing. E.g. competitors and they are planning to get more and more escrows on board. As if there are no escrows, the project will not work and businesses might be hesitant to become an escrow (at first).
Rated on Oct 17, 2018
The idea seems really nice. Peer to peer exchange can get a good part of the market in the next future.
What I do not get is why people should be located on the map if this service is meant to be available worldwide.
I like the idea of the decentralized Escrows, and their backing escrows should be constantly checked.
The project may avoid the "long KYC/AML procedures", but then banks or traditional payments methods would still be used from Buyers. What guarantees CryptoCasher from AML, with online banking that are rising now, with just a few identity checks?
If CRR are used only as a "Reserve Escrow", what would be their purpose? Why should they be used?
Within Use of Funds, I think that for the Security the 5% of allocation is too low, while on marketing there is too much pressure. A good product will go to the market anyway
Roadmap: Product Development will start completely after the token sale. I would expect an MVP, or at list a Portfolio of similar activities made by the team. In this scenario is like a blind investment
Team is large, but I do not see Advisors.
Conclusion: the idea is really good, but it does not fit my requirements for investment
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TeamApply as an advisor
International IT consultant, Blockchain Project Manager & CEO at CryptoCasher
Head of AET Technical Development Department CEO at CryptoCasher
Chief Marketing Officer
M. Shahmeer Amir
Cyber Security Analyst, Ethical Hacker and Founder at Veiliux
Africa Law Adviser
Asia Expansion Manager
Asia Law Adviser
Europe Expansion Manager
Blockchain & Dapp Developer
Mobile App Developer & Security Enthusiast
Mozibul bin Al amin
Quality Assurance Engineer
Mobile App Developer
02.10.2018 - 02.11.2018 17.00 GMT+3 BONUS 15% First 3 hours extra bonus 5% 02.11.2018 - 02.12.2018 17.00 GMT+3 BONUS 7.5% 02.12.2018 - 02.01.2019 17.00 GMT+3 BONUS 5% 02.01.2019 - 02.02.2019 17.00 GMT+3 BONUS 2.5% 02.02.2019 - 02.03.2019 17.00 GMT+3 BONUS 1%
Core team building, market research, preparation of technical documentation, whitepaper, website and smart contract development.
Whitelist and token pre-sale.
Token main sale.
Desktop & mobile beta launch, testing & bug bounty, agents hire for involving new escrows.
Main-net release & marketing campaign. CRR tokens buy/sell availability to the masses.
AET launch and testing in real conditions.
AET network expansion, first 10 terminals installation (location is based on analytics data of app).
Global expansion and improvements.