Good publicity is essential for attracting new customers, keeping existing ones happy and satisfying shareholders. This is as true in the blockchain world as it is with more traditional business sectors. With this in mind, Cyprus-based blockchain company Cryptaur was likely overjoyed to be deemed an industry leader in recent articles put out by ABMCrypto, Global Coin Report, and CCN.
What is Cryptaur?
Founded in Cyprus in 2017, Cryptaur is an Ethereum-based decentralized ecosystem that supports P2P (peer-to-peer) transactions, pay platforms and online gaming. According to its developers, the project removes the middleman from a whole host of social and financial transactions, and in the process makes them more efficient. Cryptaur has enjoyed several major achievements so far this year, including successfully launching credit cards by Fintech United Group in June, as well as an automatic Know Your Customer (KYC) system for the group in August. Company publicity material states that the team is now working on the first X-Game in the ecosystem, which forms part of the company’s push to highlight the platform’s potential with respect to online gaming.
Less than a year ago, the project had its ICO (Initial Coin Offering) for its Cryptaur utility token (CPT). It ran a highly successful token sale, selling roughly 8.5 billion tokens, forming a total of $60,000,000. Cryptaur boasts 90,000 active CPT wallet users, and the token can be traded globally via multiple cryptocurrency exchanges, such as HitBTC, LATOKEN and Orderbook, with more major exchanges in the pipeline.
The brains behind Cryptaur believe it stands out from the hundreds of other ICOs launched by being a well-designed ecosystem that deals with many of the economic issues which currently affect the market, and that this helped to raise more investment funds than the competing projects. Cryptaur’s CEO and Founder, Dmitry Buriak had this to say about the positive press:
“We’re very pleased with the article, which demonstrates what we’ve always believed: that Cryptaur is set to eliminate the middleman from a wide range of everyday transactions, increasing economic efficiency for everyone involved,”
CCN’s article was particularly positive, and noted that Cryptaur is “the best blockchain e-commerce project we’ve seen that truly levels the playing field, offering an environment in which products and services are vetted by community consensus.” Buriak is bullish about the ecosystem’s potential, stating “There is really no limit to what Cryptaur can do.” The company believes its strong focus on results will help it forge ahead and establish Cryptaur as an industry standard decentralized solution.
The Road Ahead
If all goes to plan and Cryptaur manages to live up to expectations and satisfies demanding business sectors such as e-commerce and online gaming, an innovative blockchain project such as this has the potential to reap serious rewards in what is a dynamic, competitive and lucrative field.
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