Crypterium Roars Past 3rd Milestone

The Crypterium ICO can cross one more item off its “to do” list. The ICO has reached and surpassed its third milestone of $15.5 million in funds collected.

To date, the project has gathered $21 million through the token sale. This continues a string of impressive results achieved by the ICO since its launch on October 31, 2017, including the project collecting its soft cap within the first five hours and token sales reaching $7.5 million on the first day. Crypterium is an innovative cryptobank that plans to use blockchain technology to make the use of cryptocurrencies for everyday purchases a reality.

Crypterium CCO and Co-Founder Vladimir Gorbunov remarked:

Needless to say, we are very excited by our strong start. […] We are very confident in our product. The fact that many people from around the globe share in that confidence is very gratifying. We set out to revolutionize the banking industry and bring cryptocurrencies into the mainstream, and the continuing success of the ICO brings us closer to that goal every day. The results are a testament to the team’s efforts to develop the token concept.

Crypterium is working to create a decentralized cryptobank platform capable of performing instant payments in cryptocurrency using existing payment terminals, powering a state-of-the-art system for acquisition of cryptocurrencies by businesses (with the ability to receive fiat currencies for crypto), and making crypto loans more accessible. As mentioned above, the platform will run on Crypterium’s own CRPT tokens, which will only be available during the token sale. Token holders will also receive early access to services and will be eligible for the project’s bonus and loyalty programs.

TechCrunch founder Keith Teare, an advisor to the Crypterium team, said:

The ICO shows that the product being offered by Crypterium has mass appeal across a wide spectrum of people. With the advances being made in digital payments and the increased recognition of cryptocurrencies, the market for the product is growing.

He further added:

The ICO is on track to meet its goals, and we expect it to continue its current successful trajectory. Ultimately, the project will be successful because people want to be able to use their digital assets in their everyday lives.

The ICO will run until January 13, 2018. For more information about the project, please see https://crypterium.io.

Do you think that Crypterium will help advance the usage of cryptocurrencies in people’s day to day lives? Let us know in the comments below.

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