I spent some reading the Crypterium white paper and here is my understanding(below). i really appreciate the views of the experienced folks out here.
From the viewpoint of a new Crypterium user :
1) No matter how much BTC/ETH/ coins I've, I need to buy Crypterium credit token for performing transaction in Crypterium system.
2) Even though the transaction cost is 0.5% of the total transaction coin amount, if the Crypterium token value is very fluctuating, I either end up paying a very high or low transaction fee (comparing with the value of original coin used for transaction).
From the view point of an investor who bought token for (long term/short term)profit:
1) If I don't do any transaction in Crypterium system, the only way I will get profit is when the Crypterium token price goes up.
2) For Crypterium company to be successful, it doesn't need Crypterium token to go up in value. These are two orthogonal things.
3) With this ICO, Crypterium is looking to create user base along with getting money to bootstrap the company.
Does these observations make any sense? I'm seeing this ICO more of an invitation for early adapters to the system (with some perks) than an investment.
Also the white paper lacks technical depth (may be that's an okay thing, I'm new here) compared to other white paper such as Stratis and missing many "how to" on various technical capabilities the system offering.
Appreciate your comments!
those are nice questions and i would like them answered. you can talk to their team from their website, they will answer you in second. when they do please post the answers here, i would really appreciate.
there is a chat on the botton right on the website:)
dont forget to came back here:)
