To humankind, the need to live a comfortable life often makes it necessary for people to have multiple streams of income. This demand is especially important during tough economic times when ordinary incomes such as salaries and proceeds from investments are never enough.
Various forms of investment and smart investments included have provided people with rewarding sources of passive income. Money from such ventures can hedge against the shortfalls of meagre earnings or boost easy returns. However, the art of making reasonable returns from smart investments is not a preserve of many.
With this Understanding, the Crystal Token is providing a platform and tools that will allow people to conduct smart investments and benefit from all the advantages that decentralized ledgers offer.
The Concept of the Token and its Motivation
Crystal Token, the token (CYL) and the platform, combines the power of virtual staking and the advantage of different investment plans to ensure that investors that look for a reliable passive income can get attractive returns. The platform proposes some strategies it intends to implement over the course of its cycle to turn the coin into a multi-purpose utility token that creates revenue for the platform and its community of users as well.
The business model also incorporates several qualities with the intention of creating a synergy around the wealth creation process.
Features of the Crystal Token
The platform’s trading robots make extensive use of the trailing stop feature, which necessarily can trigger trading decisions on numerous altcoins at once. This feature improves returns by improving the benefits that dedicated modules of buying and selling assets offer when enhanced by the power of machine learning and artificial intelligence.
The Crystal Token and its platform are implementing what probably is the most innovative concept since the birth of crypto exchanges. The Crystal exchange shall introduce the aspect of the time window in trading. Primarily, this exchange, which fronts CYL and Ether monitors the price of the CYL, which oscillates during the entire time frame of trade. The idea behind the exchange is to sell at the end of the time window when the returns are most attractive.
Additional Marketplaces and Debit Cards
Crystal Token shall incorporate marketplaces and debit cards in their platform as auxiliary services. These additional services shall improve the convenience that the network offers while also enhancing the value of the token.
The platform wants to incorporate a facility that shall allow users to execute multiple, automatic trades. Such transactions that can include numerous cryptocurrencies in every trading operation will make the most of API keys on exchanges.
Use Cases of the Crystal Token
While the site’s principal objective is to enhance the returns from smart investments, the possible use cases of the platform extend a lot further and include a foray into the gaming world as well as enhance financial inclusivity. Users on the Crystal Token platform, for instance, shall:
- Make the most of the platform’s virtual staking feature. This is easily Crystal Token’s primary feature that allows users to benefit passively from multi-currency trading transactions using the AI-driven robots.
- Have access to a selected catalog of exciting games that are intended to enhance the engagement and creativity of the users. Aside from enjoying these games, players shall stand a chance of winning CYL tokens.
- List cryptocurrency-related activities such as ICOs. Such ventures shall advertise their projects and products in a space in the website’s ‘Featured Projects’ segment. Payments for such advertisements shall be made in CYL tokens; an added advantage to CYL token holders.
- Be able to come together securely by forming pools of like-minded people that can then take part in initiatives that have universal appeal among such groupings.
- Trade freely using the platform-issued debit card. The Crystal Token platform wants to make cryptocurrencies a lot easier to use by allowing users to exchange them into CYL tokens, which they can then load into these debit cards and use in offline shops like they would use fiat currencies.
The endeavors of the platform are achievable since these ambitions will be seen through by a core development team that possess the requisite competence. The eight-member core team has tens of years of experience in the critical areas of IT, data analysis, machine learning, manual trading, and web application among many such skills.
Details of the ICO
The CYL shall be offered to the public in three stages culminating in a final public sale. During this exercise, a total of 6.25 million tokens shall be up for grabs. Each round of sale is convenient. The first stage, for instance, shall consist of five batches that shall see 750,000 tokens made available to the public. The price of a CYL token during this stage shall range from 0.001 ETH to 0.0014 ETH.
Buying the tokens is an easy process, and investors only need to deposit either Bitcoin or Ether in the dashboard. The system shall then automatically convert the deposited amount into CYL tokens and credit them into the investor’s account, as soon as the next scheduled daily ICO round takes place.