CRYSTALS is the first of its kind all-in-one solution for the modeling industry that will offer an innovative blockchain-based platform with advanced features for all parties in the modeling industry and the wider public. The platform will aim to resolve the burning issues of the industry that have hampered its development over the longer term: territorial fragmentation, unhealthy competition, significant entry barriers, unjustified commissions, non-payment, fraud risk and several other matters.
For the customer, CRYSTALS is a modern, safe, and user-friendly website plat- form offering one of the biggest and up-to-date models’ catalogs. CRYSTALS runs a unique double-authorization payment system based on the CRYSTALS token (CRS) that allows customers to pay securely, privately, and quickly for all services listed in the CRYSTALS ecosystem.
For the service providers, on the other hand, CRYSTALS is a best-in-class distri- bution channel and data analysis facility that will act as an ideal partner for both modeling agencies and individuals, providing them with free-of-charge access to a global customer network and modern platform. A CRYSTALS commission will be charged once a transaction has been successfully executed, requiring confirmation from both parties.
The project ecosystem is based on our CRS Token, which is the only accept- ed payment method. Based on a blockchain technology, we have developed a decentralized and private double-authorization protocol that combines all the benefits of cash and online transactions while eliminating almost all risks for each party involved. In the future, we plan to develop our own CRS Application Programming Interface (API) that can be easily implemented into similar platforms.
Finally, combined with a rapid expansion strategy and an active marketing cam- paign, the CRYSTALS project is anticipated to become a global service provider by the year 2020. It is expected to have more than 550 thousand users, 25 thou- sand active services performers, 825 thousand orders per year and 4 different platforms generating 28 million USD in revenue by the third year of operations.
With the proliferation of similar, yet junk projects observed in the year, we understand the distrust investors may have towards the cryptocurrency block- chain field. For this reason, at CRYSTALS, we put our reputation at the forefront of everything we do and strive to build a long-term and trustworthy relation- ship with all our stakeholders to create a transparent and sustainable business.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
ico and sto advisor Rated on Jun 13, 2018 Modified on Jun 13, 2018
3
3
3
14%
Model catalogs on blockchain? Hmm. I dont believe it is necessary. Apart from the strange idea I dont find a strong team here with proper blockchain or ICO or business experience. Their Linkedin profiles' connections confirm this conclusion. But as far as i understand there can be some additional applications of this technology if well developed
ICO investor, cryto trader Rated on Jun 24, 2018 Modified on Jun 22, 2018
4
4
5
14%
I think this is a product that is looking to solve a real problem but they are 6 to 12 months behind competition like MDL Talent who I think are using a blockchain more suited to the type of project . MDL have struggled a bit for funding and think that this will find a similar issue . Roadmap to 2022 on delivery yet team with 15% can cash out 50% day one and rest after a year , thats a major mismatch that I dont like at all
The only thing I am mostly wondering is if there are partnerships in place, as without that, I doubt that the platform would take off. The modeling industry works with agencies and I feel they are a big factor of either success or failure in a project like this.
Founder of Serendipity Blockchain Solutions Rated on Jun 15, 2018 Modified on Jun 15, 2018
4
4
4
10%
Updated rating per 15-06-18:
Nikita from Crystals has taken the time to reach out to me and inform me on some of the aspects I was referring to in my initial review.
Apparantly not everybody from the Crystals team is listed (or has their full experience on LinkedIn):
"Nestor Dubnevich (FinTech, Blockchain) - he is a senior lawyer of JUSCUTUM at ICO directions. He advised RentBerry ICO, which fundraised hardcap in 1 day.
Denys Kostenko (FinTech Marketing) - marketing manager of Swiss bank DukasCopy, who is deeply involved into cryptocurrency world.
Antonio Sviridov (Blockchain) - the member of a UNIT Factory (the best one among such-like companies in CIS zone), he is working in the blockchain lab as a consultant, Еthеrеum and EOS smart contract developer.
Ernestas Paznekas (Blockchain) - blockchain developer of such a project as Lympo ICO, which was successfully finished."
The modeling industry faces cases such as a violation, rape, corruption, and unbreakable walls on the way to the top agencies. And the Team at Crystals believe that with their project they can solve these problems. Their platform operates under Escrow principle: after each order request, funds freezes by a smart-contract and can be unlocked through 2FA (more detailed procedure can be found in WP). No third parties will have access to the transaction process itself - everything proceeds automatically (for ex. agency won’t be able to black out the model from cooperation with any fashion brand).
Would like to see this going live on how this will play out.
I changed my initial estimate, only because Nikita Yakubovsky knows his business. Indeed, infrastructure projects are a more important element in the development of technology.
Fanfare Co-Founder & CTO | Blockchain ICO Advisor | CEO Project Kanzen Rated on May 24, 2018
5
5
5
8%
It's a very simple yet interesting concept with good use of blockchain solutions in an industry that could use with some innovations. I see great potential in this project.
Team has completed KYC which is another proper step.
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.
MVP and Alpha version development.
IСО.
Negotiations with first partners.
Ecosystem will be available for early contributors.
2
Q2 2018
MVP and Alpha version development.
IСО.
Negotiations with first partners.
Ecosystem will be available for early contributors.
3
Q4 2018
Final release of the СRYSТАLS ecosystem.
Entering German and UK markets.
PR campaign continuation.
4
Q2 2019
Wallet release.
Partnerships with major model agencies of CIS zone.
PR campaign through Russian Federation.
Partnerships with major exchanges.
5
Q4 2019
API development.
Negotiations concerning API integration with payment systems and such-like platforms.
Start of online pre-meeting service development.
6
Q2 2020
Release of Intelligence rating system.
Analysis tools development.
Entering USA market.
7
Q4 2020
Entering Japan market.
PR campaign continuation through Japan.
Road-1Road-2Road-4Road-5Road-6Road-7Road-8Road-9Road-10Road-11Road-12.
8
Q4 2017
Concept visualization.
First partnerships with local industry representatives.
Strategy and business plan formulation.
ICO preparation. Start of platform development.
9
Q3 2018
Beta version release.
Smart-contract development.
Partnerships with agencies.
PR campaign through Europe.
Opening offices in central Europe for operations and legal support.
10
Q1 2019
Wallet development.
Integration with other Europe countries.
Solving legal processes in Russian Federation.
Extensive marketing campaign.
11
Q3 2019
Entering Russian Federation market.
PR campaign continuation.
Start of API development.
Start of Intelligence search system development.
12
Q1 2020
Online pre-meeting service release (customer and performer will be able to meet online before offline meeting).
Expansion into other CIS markets.
Solving legal processes in USA.
PR campaign through USA.
13
Q3 2020
Monitoring of current markets.
Start of spin-off platforms development.
Solving legal processes in Japan.
PR campaign through Japan.
Partnerships with major Japanese market players.
14
Q1 2021-Q1 2022
Extension through Asian market.
API integration worldwide.
Spin-off platforms development.
Extension through South America market.
