We are a spirited FinTech startup on a mission to disrupt the traditional commercial channels through the utilization of blockchain technology. Specifically, Cryptaur aims to create a decentralized ecosystem with a focus on establishing a fully transparent platform for consumers. This transparency is implemented via a blockchain technology, that of which allows for users to maintain their original payment habits, avoid the need to learn about cryptocurrency complexities, and dramatically shallows the steep learning curve associated with this technology.

In essence, Cryptaur is a decentralized applications store with a mission to transform and ultimately allow for the implementation of a reinvented shared economic system. Rooted in its mission to bring person to person interaction to the forefront of consumerism, Cryptaur’s platform is grounded in blockchain, a technology that can be employed to hone in on the benefits of decentralization while bringing it to mainstream audiences. Cryptaur’s ecosystem curates products and services for enhanced consumer and community driven trust.

We believe that technology is more than a means to an end, and should be accessible to all regardless of their technical knowledge. We believe that consumers are entitled to transparent information to make better decisions, and as a result, our socially driven ecosystem ensures that  consumer’s interests are at the core of commercial transactions.

The Cryptaur vision is to make decentralized technologies available to consumers. Cryptaur is building an ecosystem for dApps (“decentralized applications”) that benefits the consumers the most. This ecosystem is owned by the community of consumers themselves.

The Singapore-based Cryptaur Foundation will oversee the Cryptaur fundraiser. It will recommend a token allocation based on contributions in Bitcoins and Ethers. 

Following the example set by the Ethereum Foundation, there is no cap on the amount of contributions that will be accepted by the Cryptaur Foundation. This is done in order to ensure that participation is not limited only to insiders or the “fast-fingered”. Though the amount of CPT Tokens allocated is denominated in ethers, contributions may be made in bitcoin, that will be implicitly converted at the prevailing rate on a best effort basis. 

The fundraiser will last for a period of two months, starting on October 1st at 00:01 UTC and ending on November 30th at 23:59 UTC. Throughout this period, a contribution of $1.00 USD will lead to an allocation of CPT Tokens plus a time dependent discount. This discount is meant to incentivize contributors not to delay their participation. The discount starts at 40%, meaning that a contribution of $1.00 USD will yield an allocation of 166.7 CPT and decreases progressively to 0%.

40%

FIRST DAY

1 USD = 166.7 CPT

33%

FIRST WEEK

1 USD = 149.25 CPT

20%

FIRST MONTH

1 USD = 125 CPT

AFTER FIRST MONTH

Decreasing 5% each week until last week at 0%

• 30% – Fundraiser / Token Sale

  Representing the contributions made during the fundraiser and be allocated at a rate of 100 CPT per $1.00 USD plus a bonus depending on the time at which the contribution is made.

• 20% – Cryptaur Team

  Representing 20% of the total number of tokens issued. These tokens will vest over a period of 3 years.

• 20% – Cryptaur Operations and Development

  An allocation of 20% of the total Cryptaur tokens (CPT)  to The Cryptaur Foundation Budget for stakeholder voted projects. The projects must be within the charter of the foundation to facilitate the growth and development of the Cryptaur Protocol.

• 30% – Incentives

  30% will be issued to encourage the growth of the Cryptaur ecosystem.