Crystal Token

CRYSTAL TOKEN is a crypto currency token innovating the field of smart investments with the novel concept of virtual staking and different investments plans to satisfy the needs of all investors who desire a solid and constant passive income source.

PROS:

• Volume analysis and anomaly detection: The platform through the use of auto-Encoders employed to detect abrupt changes in the volumes of Bitcoin  and altcoins in the market capitalization enabling it to adapt the trading technique accordingly
• Trading as a service: The platform provides the users with trading as service enabling them to perform automatic multi currency trading on different exchanges  upon exploiting the BOT and Crystal Token
• Reward system: The users are provided with CYL token as a reward at the end of the contract  eliminating conflicting interest of holding the token or opening contract on the platform
• The platform enables the users to enjoy pure-reinvest  through the pure reinvest function  which is automatically reinvested on their daily interest in the same account
• Referral program: The platform provides a strong referral program which gives rewards in VCYL to the referee according to the contracts activated by the subscribers and only active promoter get rewarded. This increase the number of users on the platform use
• Internal exchanges: The platform proposes an  innovative exchange based on the concept of time window where the users can buy or sell an amount of CYL token without the need of specifying the desired selling prices
• The combination of pure trading technique  and Machine Learning technique provides guidance to the users through the models as oracles hence preventing the occurrence of wrong decisions of crypto currency use

CONS:

• The involved team is not included in the whitepaper
• The CYL token is not tested at pre-sale stage to raise adequate funds for the project implementation
• The related crypto currency is not highlighted

SUGGESTIONS:

• The platform white paper should include the team involved
• The CYL and VCYL should be made compatible with the commonly used crypto currencies and fiat

NOTE:

The platform enables the users to easily  virtualizes staking  by however the  involved crypto currencies   is not highlighted whose values is highly affected changes in the market conditions. This hinders me from investing in the project.

Strengths: Virtua Staking Program is launched. Successful Pre-Sale. Solutions answers real-life problems of the cryptocurrency market. Variety of options available for users (different packages of Virtual Staking Program).

Weaknesses: no financial plan/projections; no team members in the WP and on the website. Target audience segmentation is needed. Competitor analysis requires more precision and “face-to-face” comparison between major players. Social media activity should be more intensive and the company should be present on more platforms.

It is wise to understand before investing in Crystal’s lending program that while there is potential for high returns on your investments, the risks involved are still high. A big part of the problems is that lending ICOs tend to end up as scams. While there is no evidence to verify this when it comes to Crystal token, it is always better to be safe and avoid such blockchain ventures.