Crypto Coins: ICO Review: Cryptyk (CTK) The New Cyber-Security Economy

  • Friday, 09 March 2018 20:11
ICO Review: Cryptyk (CTK) The New Cyber-Security Economy Cryptyk is a decentralized cloud storage with blockchain security. The project is esentially divided into two parts: VAULT which is a decentralized multi-cloud storage platform with sub-file level encryption and sharding that dramatically reduces the potential attack surface for hackers and viruses. SENTRY which is is a decentralized blockchain platform for auditing, tracking and monitoring all user access and file sharing by leveraging the permanent, immutable nature of the blockchain. Tokens: CTK tokens are basically the cryptocurrency used in the Cryptyk platform with the 3 aims: - Supplying the fuel for the purchase and use of Cryptyk products. - Funding the development of the platform by Cryptyk Inc. - Offering incentives for 3rd party developer and alliance partners through the Cryptyk Foundation. Conclusion: The overall quality of the project is high - the team is solid, prototype available and project well planned out. It does have the ingredients needed to compete in the sector but the competition is hard. In terms of the token economics they are decent ovrall apart from bonuses which could make it more risky for small investors to invest. Verdict: 7.6/10 Hype factor: low Short term investment score: 8.2/10 The predicted market cap of Cryptyk is way lower than the main competition which could indicate a good investment especially if not all of the tokens are sold. While the high bonuses for large contributions are annoying they are vested so it shouldn't cause dump. Long term investment score: 7.2/10 There is a lot of potential here because it does appear to offer more solutions over the competition and is more security concentrated. It will have to ensure to quickly catch up in terms of development and then stay competetive with pricing and features. If that happens the value of the tokens should increase. Links: ICO website: https://www.cryptyk.io Company website: https://www.cryptyk.com/ Whitepaper: https://www.cryptyk.io/files/Cryptyk-Technology-White-Paper.pdf Medium: https://www.cryptyk.io/#anchor-blog Twitter: https://twitter.com/TeamCryptyk Telegram: https://t.me/cryptyk Facebook: https://www.facebook.com/cryptyk/ Follow me on social media: Telegram: https://t.me/crypto0coins Twitter: https://twitter.com/Crypto0Coins Facebook: https://www.facebook.com/crypt0coins/ Steemit: https://steemit.com/@dmae You can also use my referrals: Coss referral: https://sso.coss.io/api/invite/XJZ89O9XRU Binance referral: https://www.binance.com/?ref=10136785 Coinbase referral: https://www.coinbase.com/join/580f4ae28bfa31697d9a8f7c Or donate: ETH and ERC20: 0x43d42eeF0952629EA5B384B6283eBd608c02A709 BTC: 36hqDXqFxWBjb5D4U9XxKFLCQXHHwjtQZX LTC: LawVWy6BPAiv8BC7QwqmzroLE5QTP3npzK ETC: 0x19f7359510b1ee73a4552b2b2652fe0b32e35a0a NEO: AHwKiZrUbdZX5pLkixqUHvpKE1js5t8mZ8 DASH: Xrya3sVGzhARZuY6g9zHg3FLB5rCtLMtEy ZEC: t1VG9gvMAhhVMHSQbwmARwUZCxYTBxWEP2a IOTA: 9WWZDDGYS9PVKSUODNFLRJXHWFVXKZICDWBIRJKIEWUFKLD Love you but keep in mind that this is not a financial advice!8

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