Cryptyk ICO (CTK)
Cloud security platform
Cryptyk Inc. is developing the blockchain based CRYPTYK platform, which is a cloud storage and security solution for enterprises and businesses. CRYPTYK relies on a “hybrid blockchain” algorithm which is pillared on two complementary platforms: VAULT and SENTRY.
VAULT is a decentralized multi-cloud storage platform developed for encrypted file management and sharing. SENTRY is a blockchain based decentralized platform for tracking and auditing of all events associated with users' access and file sharing instances.
Start Date
12 Dec, 2018
End Date
08 Feb, 2019
Cryptyk Score Analysis
Cryptyk plans on using a hybrid system comprising both blockchain and multi-cloud storage to maximise security and efficiency. Blockchain gives Cryptyk an advantage in security with smart contracts over competitors who don't use it and multi-cloud storage has much lower latency than most blockchain file storage platforms. The product is its weakest point, being in very early stages of development with a release expected no earlier than Q2 2019. In contrast, the team is probably its strongest point with a CEO who possesses over 20 years of managing experience, developers who have had important roles in major companies like Bueno Vista, Nokia Bell Labs and Cisco and a CMO with a fair amount of marketing experience. In most places, Cryptyk has excellent marketing but doesn't seem to have gotten much attention from the crypto community.
Cryptyk Use of Token
CTK is Cryptyk's native cryptocurrency. A maximum of 750 million CTKs will be issued. 33.33% (25 million CTKs) will be offered for sale via the pre-sale and public ICO rounds. Another 25 million CTKs will be reserved for the "Cryptyk Foundation Pool" which will be a non-profit pool used to fund developers' projects and customer trials. The remaining 25 million CTKs will form the "Cryptyk Inc. Pool" which will be held by the project's management team for a vesting period of 4 years.
Organization
Cryptyk Inc
Platform
Ethereum
Coin type
Utility Token
Category
Technology
Soft cap
3,000,000
Max cap
25,000,000
Max supply
750,000,000 CTK
Price
0.10
Cryptyk Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
- Pre Sale- First 8 days
- 12 December, 2019
- 08 February, 2019
- No limit
- 0.125
- 10
- Claim
- Pre Sale-Rest
- 17 February, 2019
- 06 July, 2019
- No limit
- 0.1
- Claim
- Public Sale- First 3 days
- 28 August, 2019
- 30 August, 2019
- No limit
- 0.125
- 10
- Claim
- Public Sale- Next 14 days
- 31 August, 2019
- 13 September, 2019
- No limit
- 0.125
- 5
- Claim
- Public Sale- Rest
- 14 September, 2019
- 28 September, 2019
- No limit
- 0.125
- Claim
Cryptyk Distribution
Cryptyk Use of Proceeds
Cryptyk Advisors
Cryptyk Past Events
- 31 December, 2019
Prototype Design + Build
- 31 March, 2019
Protoype Test & Analysis
- 31 December, 2019
Product Design + White Paper
- 30 June, 2019
Blockchain Design Implementation
- 12 December, 2019
CTK Token Sale Event
- 31 March, 2019
Product Build + Customer Trials
- 30 June, 2019
Final Project Launch