Cryptov8

About Cryptov8

Cryptov8 will become a global player that uses blockchain technology to bridge the gap between cryptobanking and traditional banking products and services. Our target customers are the existing 25m and predicted 300m-500m future global members of the cryptocurrency community although our services will be available to all.

Already significantly progressed in the process of being a bank, we are well advanced in the process of creating the technical, business and regulatory blueprint to extend our reach worldwide. The primary objectives of Cryptov8 are to improve:

Convenience – making wallet creation and access straight forward. Ability to manage all your cryptobanking and traditional banking in one place.

Trust – as an authorised and regulated bank we will apply the highest levels of regulatory principles and best industry practice to protect our customers.

Security – providing bank grade security with the ability to securely store wallet and password details to allow retrieval.

Cost – make exchange costs and withdrawals cheaper and more certain.

Reward - uniquely, our cryptobanking customers will directly receive rewards for their loyalty. We will give a share of our cryptobanking fees back to our customers.

Acceptance – making cryptocurrency payment mainstream.

Education – providing easy access to educational material, knowledgebase and providing support to crypto customers.

We are in the process of becoming a UK regulated, full service digital retail bank for Mortgages, Loans, Savings and Current Accounts. We will serve retail and SME customers in a familiar way, whilst using blockchain technology to transform the customer experience. Blockchain technology offers massive opportunities to disintermediate many financial services payments and functions.

Ratings

Clemen Chiang

Ph.D. | CEO | Investor | FinTech in Stocks | Blockchain in Cryptos | Singapore
Rated on Jul 25, 2018

4Team

5Vision

4Product

27%weight

"We are in the process of becoming a UK regulated, full service digital retail bank for Mortgages, Loans, Savings and Current Accounts."

Which licence is this?

+1Agree

+1

Disagree

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Mark van Dijk

ICO Advisor | Blockchain Consultant |Marketing Professional | Digital Strategist
Rated on Jun 28, 2018

2Team

1Vision

1Product

12%weight

no working product, whitepaper full of buzz words, not clear what they use blockchain for, hard cap way too high, token makes things complicated, no innovative ideas.

Agree

-2

-2Disagree

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Jacob ChristiansenICO team member replied on 23 Jul 2018

To respond to Mark - anyone is entitled to an opinion but it should be fair and substantiated:
- Team - we have probably the most experienced team seen for an ICO in this sector, so the score seems harsh
- Product - There is an MVP prototype available on Youtube, so saying there is no product seems harsh.
- Vision - Making crypto currencies readily available to the 500m people globally that are currently under-served is quite a vision, so saying there is no visions seems harsh.
- Hard cap is way too high - I wonder how many banks Mark has actually launched, as it is very expensive to do so properly, so this is a bit harsh.
- Innovation - We are launching a world first, namely the ability to pay cryptos to anyone globally, just knowing their mobile phone number or email address, I think quite some innovation. So, saying there is no innovation seems harsh.

Benchy

ICO analyzer bot

3.9ICO Profile

61%weight

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