[ANN][ICO]🇨 Crypterium - Digital Cryptobank with Credit Token & Open Platform🇨

[kennym]

maybe we shoudnt write this topic at all .. couse we have tokens and we need to sell it .. i dont have any hope of this project anymore ..
i could think about not writing here so maybe they can atract more people .. we will be able to sell the tokens them 


i will not stay 1 day if i got my money back from the ico ..


this is our biggest mistake to invest a shitcoin like this ..

[kennym]

in september 2018 i had this email  from crypterium.. you can see what kind of lies they are tellin from the beginning..

-----------------------------------------
Hi there!

It may seem from the outside that this week hasn't been very eventful, but that's totally not the case. We at Crypterium have been working hard in silence to let our further success be the noise. Here're some small hints on huge surprises we're preparing for you.

Epic App Update Coming
Big releases take time, and we're very close to our new killer-app feature. The one we can't wait to introduce you to. The one that will help us bridge the gap between the world of crypto and traditional finance. The one that will allow you to... Sorry, got carried away, can't tell you more at this point. Let it be a surprise, okay?

Demoing at Finovate
What we can tell you is that this new feature will be first presented at Finovate, one of the most influential fintech events in the world. We got this opportunity to present our products in front of hundreds of C-level execs, top blockchain experts and journalists. We're not going to give away spoilers, but this demo will be legendary. While you're waiting for it, you can as well listen to Marc O'Brien's interview on the most popular fintech podcast in the world - Breaking Banks (starts at 45th min).
Break the banks!

New exchanges
The upcoming agenda already looks exciting, doesn’t it? And there is more to come! We are getting listed on one of the top exchanges by the end of the month. Again, we can’t tell you its name yet, but there is no doubt that you’ve heard of it many times!

New Look
Last but not least, we are redesigning our website, and we love how the new one will looks like. It will now have new sections dedicated to each of our products, interactive Roadmap, improved navigation and other useful features. We are planning on featuring some of your reviews on the front page. So feel free to give us feedback, share your thoughts and opinions, on any of the following products:

Cards (both virtual and physical cards)
Bank Transfers (IBAN, BPay, etc)
Wallet (crypto transfers, holding, import/export of private keys, etc.)
Crypto Purchases (vouchers, top-ups, etc.)
Loans
Investing tools (Portfolio, following strategies of traders, etc.)

Follow us on social media to stay in touch and be the first to receive all the breaking news from the industry.

As always, feel free to join the discussion in our Telegram channel.

Best wishes,
Crypterium Team

---------------------------

[CrypteriumCRPT]

in september 2018 i had this email  from crypterium.. you can see what kind of lies they are tellin from the beginning..

-----------------------------------------
Hi there!

It may seem from the outside that this week hasn't been very eventful, but that's totally not the case. We at Crypterium have been working hard in silence to let our further success be the noise. Here're some small hints on huge surprises we're preparing for you.

1.) Epic App Update Coming
Big releases take time, and we're very close to our new killer-app feature. The one we can't wait to introduce you to. The one that will help us bridge the gap between the world of crypto and traditional finance. The one that will allow you to... Sorry, got carried away, can't tell you more at this point. Let it be a surprise, okay?

2.) Demoing at Finovate
What we can tell you is that this new feature will be first presented at Finovate, one of the most influential fintech events in the world. We got this opportunity to present our products in front of hundreds of C-level execs, top blockchain experts and journalists. We're not going to give away spoilers, but this demo will be legendary. While you're waiting for it, you can as well listen to Marc O'Brien's interview on the most popular fintech podcast in the world - Breaking Banks (starts at 45th min).
Break the banks!

3.)New exchanges
The upcoming agenda already looks exciting, doesn’t it? And there is more to come! We are getting listed on one of the top exchanges by the end of the month. Again, we can’t tell you its name yet, but there is no doubt that you’ve heard of it many times!

4.) New Look
Last but not least, we are redesigning our website, and we love how the new one will looks like. It will now have new sections dedicated to each of our products, interactive Roadmap, improved navigation and other useful features. We are planning on featuring some of your reviews on the front page. So feel free to give us feedback, share your thoughts and opinions, on any of the following products:

5.) Cards (both virtual and physical cards)
Bank Transfers (IBAN, BPay, etc)
Wallet (crypto transfers, holding, import/export of private keys, etc.)
Crypto Purchases (vouchers, top-ups, etc.)
Loans
Investing tools (Portfolio, following strategies of traders, etc.)

Follow us on social media to stay in touch and be the first to receive all the breaking news from the industry.

As always, feel free to join the discussion in our Telegram channel.

Best wishes,
Crypterium Team
---------------------------

What makes it LIES? They haven't lied about anything lol.

1.) The app has been substantially updated & upgraded since it's initial release and has had a multitude of updates quite frequently.

2.) They were present at Finovate.

3.) They have listed on several exchanges since launch. Are you mad that the team didn't pay $2+ million to be listed on Binance during a bear market? They're supposed to adhere to a top ten exchange listing in their roadmap regardless if those exchanges decide they want seven figures or more in listing fee's? And with the BitWise report exposing how many of the 'top' exchanges have fake and spoofed volume, I'm glad they didn't put a ton of money out for one of those exchanges at this time lol. You know the team is actively working for two big exchange listings right? But those exchanges have been trying to force newcomers to their new DEX platforms instead of regular listings, for months now.

4.) The website has been redesigned, several times since launch.

5.) You fail to acknowledge that these features are NOT UP TO CRYPTERIUM to implement at free will! They can't just decide to 'deliver' on features that require financial network support and approval. They can't just pull a card out of thin air to deliver it on time when the card & bank to bank needs a processing network and legal framework. There's immense governance and regulatory barriers to all of these features, and phone manufacturer support for NFC functionality - especially if intending to utilize Apple/Google pay API's. Why do you think most of these cards on the market have country restrictions? Why do you think it took Coinbase and other card vendors 2-4 YEARS to finally deliver their cards? Crypterium is finally about to deliver a GLOBAL card and it will have taken them less than a year and a half.

It's ridiculous, you act like "well they said it, so they have to do it when they said!" when nearly every key feature is dependent upon third party approval and governance to make happen.

Look at Bakkt! Bakkt is owned by one of the LARGEST FINANCIAL POWERHOUSES IN THE WORLD. The fucking company that literally OWNS the New York Stock Exchange, owns Bakkt - and it's been delayed more than EIGHT MONTHS now. They have tens of billions of dollars and the most powerful connections in the world legally and financially - even THEY are EIGHT MONTHS BEHIND. But you want to crucify a new project, launched by ICO, for being late? Lol.

[kennym]

What makes it LIES? They haven't lied about anything lol.

1.) The app has been substantially updated & upgraded since it's initial release and has had a multitude of updates quite frequently.

what has changed dude , we cant use the app .. nothing work in it .. everything is under maintanenence.. when you change the colour in app it doesnt mean that its awesome..

virtual card ? QR payment ? MLP ?

2.) They were present at Finovate.

and what ? what happened when you joined this event ? what kind of partnership you made ?

3.) They have listed on several exchanges since launch. Are you mad that the team didn't pay $2+ million to be listed on Binance during a bear market? They're supposed to adhere to a top ten exchange listing in their roadmap regardless if those exchanges decide they want seven figures or more in listing fee's? And with the BitWise report exposing how many of the 'top' exchanges have fake and spoofed volume, I'm glad they didn't put a ton of money out for one of those exchanges at this time lol. You know the team is actively working for two big exchange listings right? But those exchanges have been trying to force newcomers to their new DEX platforms instead of regular listings, for months now.

which one Kuqoin ? after listing here dumped token to 0,06 $  sold out more than 15 million token... are there related with the tokens you are giving to exchanges  ? how much token you gave hitbtc and liquid and Kuqoin ? is that why token price was dumping like a hell ?

4.) The website has been redesigned, several times since launch.

when was the last time you updated ? still road map is wating for q1 updates .. we are so close to finish q2

5.) You fail to acknowledge that these features are NOT UP TO CRYPTERIUM to implement at free will! They can't just decide to 'deliver' on features that require financial network support and approval. They can't just pull a card out of thin air to deliver it on time when the card & bank to bank needs a processing network and legal framework. There's immense governance and regulatory barriers to all of these features, and phone manufacturer support for NFC functionality - especially if intending to utilize Apple/Google pay API's. Why do you think most of these cards on the market have country restrictions? Why do you think it took Coinbase and other card vendors 2-4 YEARS to finally deliver their cards? Crypterium is finally about to deliver a GLOBAL card and it will have taken them less than a year and a half.

It's ridiculous, you act like "well they said it, so they have to do it when they said!" when nearly every key feature is dependent upon third party approval and governance to make happen.

Look at Bakkt! Bakkt is owned by one of the LARGEST FINANCIAL POWERHOUSES IN THE WORLD. The fucking company that literally OWNS the New York Stock Exchange, owns Bakkt - and it's been delayed more than EIGHT MONTHS now. They have tens of billions of dollars and the most powerful connections in the world legally and financially - even THEY are EIGHT MONTHS BEHIND. But you want to crucify a new project, launched by ICO, for being late? Lol.

ı dont care about bakkk dude , they didnt took my money.. but you did . and ı m not a share holder as you said , ı m a customer right ? so you prommiss me a service.. than i m asking why the fck ı should give 0,0001 btc per 1 token for a service that i cant have ..


as a company you have to answer it .. you are telling we are not shareholders just customers and we have no rights ..


if you can not give the service , than give my money back ..  thats so simple ..

[CrypteriumCRPT]

What makes it LIES? They haven't lied about anything lol.

1.) The app has been substantially updated & upgraded since it's initial release and has had a multitude of updates quite frequently.

what has changed dude , we cant use the app .. nothing work in it .. everything is under maintanenence.. when you change the colour in app it doesnt mean that its awesome..

virtual card ? QR payment ? MLP ?

2.) They were present at Finovate.

and what ? what happened when you joined this event ? what kind of partnership you made ?

3.) They have listed on several exchanges since launch. Are you mad that the team didn't pay $2+ million to be listed on Binance during a bear market? They're supposed to adhere to a top ten exchange listing in their roadmap regardless if those exchanges decide they want seven figures or more in listing fee's? And with the BitWise report exposing how many of the 'top' exchanges have fake and spoofed volume, I'm glad they didn't put a ton of money out for one of those exchanges at this time lol. You know the team is actively working for two big exchange listings right? But those exchanges have been trying to force newcomers to their new DEX platforms instead of regular listings, for months now.

which one Kuqoin ? after listing here dumped token to 0,06 $  sold out more than 15 million token... are there related with the tokens you are giving to exchanges  ? how much token you gave hitbtc and liquid and Kuqoin ? is that why token price was dumping like a hell ?

4.) The website has been redesigned, several times since launch.

when was the last time you updated ? still road map is wating for q1 updates .. we are so close to finish q2

5.) You fail to acknowledge that these features are NOT UP TO CRYPTERIUM to implement at free will! They can't just decide to 'deliver' on features that require financial network support and approval. They can't just pull a card out of thin air to deliver it on time when the card & bank to bank needs a processing network and legal framework. There's immense governance and regulatory barriers to all of these features, and phone manufacturer support for NFC functionality - especially if intending to utilize Apple/Google pay API's. Why do you think most of these cards on the market have country restrictions? Why do you think it took Coinbase and other card vendors 2-4 YEARS to finally deliver their cards? Crypterium is finally about to deliver a GLOBAL card and it will have taken them less than a year and a half.

It's ridiculous, you act like "well they said it, so they have to do it when they said!" when nearly every key feature is dependent upon third party approval and governance to make happen.

Look at Bakkt! Bakkt is owned by one of the LARGEST FINANCIAL POWERHOUSES IN THE WORLD. The fucking company that literally OWNS the New York Stock Exchange, owns Bakkt - and it's been delayed more than EIGHT MONTHS now. They have tens of billions of dollars and the most powerful connections in the world legally and financially - even THEY are EIGHT MONTHS BEHIND. But you want to crucify a new project, launched by ICO, for being late? Lol.

ı dont care about bakkk dude , they didnt took my money.. but you did . and ı m not a share holder as you said , ı m a customer right ? so you prommiss me a service.. than i m asking why the fck ı should give 0,0001 btc per 1 token for a service that i cant have ..


as a company you have to answer it .. you are telling we are not shareholders just customers and we have no rights ..


if you can not give the service , than give my money back ..  thats so simple ..

Nobody took your money, you put your money in.
The ICO had massive involvement - as milestones were late and when the first CEO was replaced, tons of noob moonboys - people who bought the ico solely for expecting instant profits shortly after ICO completion - dumped their CRPT as soon as it landed on a reputable exchange - Kucoin.

The ICO took place in December - the PEAK of FOMO and ICO hype. Everyone was buying ICO’s ONLY with the intention to make large profits RIGHT AWAY.

Instead, the ICO completed right when the entire market started to crash! The ICO completed on January 6th, the all time high of the total market was January 7th - which means the entire crypto market began dropping every day since the day after ICO completion.

Which means NOBODY was getting the instant profits they expected like in October, novermber, and December of 2017. So yes, thousands of people who had no plans of holding CRPT and expected to dump for profits after the ICO - weren’t able to since the market was crashing. Those people all dumped.

Then, since the market was crashing - people began selling alt coins and buying bitcoin to be safe.  So yes, when Kucoin listing came, all of those people above, dumped.

That’s not a reflection of Crypterium lol.

Then, when the cards were first late and the CEO was replaced, people panic sold that too.

You’re mad at the team for things that aren’t the teams fault lol.

You should have sold the first time cards were delayed if you’re not happy. Instead you held on all the way down through a bear market and want to blame the team? You can only blame YOURSELF for not selling.

Crypterium is legit.
When the cards are delivered you will find something new to spam and complain about. You’ll never stop no matter what the team delivers because you’re a fraud.

[kennym]

lol 


dude can you explain me why the circulating suply went from 70 million to 84 million than  ?


it was 70 million after ico completed .. 


who created that 14 million token after June 2018 ?

[kennym]

Nobody took your money, you put your money in.
The ICO had massive involvement - as milestones were late and when the first CEO was replaced, tons of noob moonboys - people who bought the ico solely for expecting instant profits shortly after ICO completion - dumped their CRPT as soon as it landed on a reputable exchange - Kucoin.

The ICO took place in December - the PEAK of FOMO and ICO hype. Everyone was buying ICO’s ONLY with the intention to make large profits RIGHT AWAY.

Instead, the ICO completed right when the entire market started to crash! The ICO completed on January 6th, the all time high of the total market was January 7th - which means the entire crypto market began dropping every day since the day after ICO completion.

Which means NOBODY was getting the instant profits they expected like in October, novermber, and December of 2017. So yes, thousands of people who had no plans of holding CRPT and expected to dump for profits after the ICO - weren’t able to since the market was crashing. Those people all dumped.

Then, since the market was crashing - people began selling alt coins and buying bitcoin to be safe.  So yes, when Kucoin listing came, all of those people above, dumped.

That’s not a reflection of Crypterium lol.

Then, when the cards were first late and the CEO was replaced, people panic sold that too.

You’re mad at the team for things that aren’t the teams fault lol.

You should have sold the first time cards were delayed if you’re not happy. Instead you held on all the way down through a bear market and want to blame the team? You can only blame YOURSELF for not selling.

Crypterium is legit.
When the cards are delivered you will find something new to spam and complain about. You’ll never stop no matter what the team delivers because you’re a fraud.

so only ı m the one in wrong side , team has no fault right ?


ceo was replaced , bear market started ,  partnership cancelled , promisses missed , all the things about project is delayed , token price dumped and i' m wrong  not to sell it right ?

bravo


ultra super explanation , why the fck i didnt think about it .. now ı m illuminated.  ı m going to sell my tokens  than ..

[CrypteriumCRPT]

Nobody took your money, you put your money in.
The ICO had massive involvement - as milestones were late and when the first CEO was replaced, tons of noob moonboys - people who bought the ico solely for expecting instant profits shortly after ICO completion - dumped their CRPT as soon as it landed on a reputable exchange - Kucoin.

The ICO took place in December - the PEAK of FOMO and ICO hype. Everyone was buying ICO’s ONLY with the intention to make large profits RIGHT AWAY.

Instead, the ICO completed right when the entire market started to crash! The ICO completed on January 6th, the all time high of the total market was January 7th - which means the entire crypto market began dropping every day since the day after ICO completion.

Which means NOBODY was getting the instant profits they expected like in October, novermber, and December of 2017. So yes, thousands of people who had no plans of holding CRPT and expected to dump for profits after the ICO - weren’t able to since the market was crashing. Those people all dumped.

Then, since the market was crashing - people began selling alt coins and buying bitcoin to be safe.  So yes, when Kucoin listing came, all of those people above, dumped.

That’s not a reflection of Crypterium lol.

Then, when the cards were first late and the CEO was replaced, people panic sold that too.

You’re mad at the team for things that aren’t the teams fault lol.

You should have sold the first time cards were delayed if you’re not happy. Instead you held on all the way down through a bear market and want to blame the team? You can only blame YOURSELF for not selling.

Crypterium is legit.
When the cards are delivered you will find something new to spam and complain about. You’ll never stop no matter what the team delivers because you’re a fraud.

so only ı m the one in wrong side , team has no fault right ?


ceo was replaced , bear market started ,  partnership cancelled , promisses missed , all the things about project is delayed , token price dumped and i' m wrong  not to sell it right ?

bravo


ultra super explanation , why the fck i didnt think about it .. now ı m illuminated.  ı m going to sell my tokens  than ..

The team is wrong for missed roadmap goals lol, but it’s clear that their roadmap was too ambitious for what they were attempting to accomplish. That doesn’t make them a scam lol, it makes them overzealous and they bit off more than they could chew in that amount of time.

They’re delivering now, they’re marketing hard, they’re establishing brand development rapidly, they’re delivering features and the cards are finally shipping.

The fact you give them zero credit for riding out the bear market, their rank drop, and the FUD - is asinine and the fact you’ve been so displeased for so long, makes it hypocritical that you didn’t sell (even though I’m 99% sure you’re a fake account with the other fakes spamming FUD everyday).

Crypterium is legit and will be massive 🥰

[CrypteriumCRPT]

lol  


dude can you explain me why the circulating suply went from 70 million to 84 million than  ?


it was 70 million after ico completed ..  


who created that 14 million token after June 2018 ?

Lmao - try reading the fucking white paper!!
Before the ICO even started, this was all readily available for you to see.
The 14m you see in circulation are the reserve for marketing - which if you use the blockchain you’ll see are still untouched.

https://imgur.com/9gUPxjm

[kennym]

lol  


dude can you explain me why the circulating suply went from 70 million to 84 million than  ?


it was 70 million after ico completed ..  


who created that 14 million token after June 2018 ?

Lmao - try reading the fucking white paper!!
Before the ICO even started, this was all readily available for you to see.
The 14m you see in circulation are the reserve for marketing - which if you use the blockchain you’ll see are still untouched.

thats why you are tearing your ass here for the crypterium


so marketing part %15 was sold at market with a price whatever they found and dump  price until 0,06 $  just for creating fake videos and bullshit articles ..


you were the one who was getting bennefit from this action right ? and thats why you are attacking ico supporters like a bulldog


keep go on .. i will  write whatever i think ..   I WIL SCREAM HERE TO THE PEOPLE THAT YOU ARE ALL FAKE ..


your project reputation is this  Crypterium ROI    -92,23%


you know what there are some fake project that they are doing nothing and their roi is better than this you can imagine how much people trust on you..

do you really think you can stop us to write here with 2-3 fake accounts


focus on the project and deliver what ever you prommissed at white paper you fake marketing trooll ..


people are expecting many things..



Where is QR Payment ?

Where is NFC ?

Where is MLP ?

Where is CARDS ?

Where is Token burning ?

Where is other exchanges ?

Where is LOAN ?

Where is vouchers ?

Where is mobile top-up ?

[Peter111280]

maybe we shoudnt write this topic at all .. couse we have tokens and we need to sell it .. i dont have any hope of this project anymore ..
i could think about not writing here so maybe they can atract more people .. we will be able to sell the tokens them 


i will not stay 1 day if i got my money back from the ico ..


this is our biggest mistake to invest a shitcoin like this ..

do you believe that really? The team sell like crazy until 0.06 cent . They know much better what is going on and what is coming for crpt , I don’t told that  crypterium  will not go farther I just asking you if they sell in that price what future do they planned for crpt? Do you have see any token burned? You are just preregistered customer and they don’t need you any more you allready invested to the all year  holydays for them .they need new customers that why you don’t even need crpt anymore to can use crypterium .soon are later they will have a product, why do they need you ?you are not a share holder !

[kennym]

what i found from the past



Project details
Name: Crypterium

Ticker symbol: CRPT

Project type: Fintech

Extended company description: Crypterium is a cryptobank offering contactless payments, transfers, a currency exchange and credit token technology.

Company: CRYPTERIUM R&D OÜ



ICO details
Public ICO start date: 31.10.2017

Public ICO end date: 13.01.2018

Tokensale duration (weeks): 10.6

Token type: ERC-20

Token emission: 300,000,000

Tokens available (Pre-Sale + Public ICO): 210,000,000

1 CRPT price: 0.0001 BTC

Currency: BTC, ETH, LTC,ETC, DASH, XRP, USDT, Cash, Visa/MasterCard

Bounty: Program start date: October 26, 2017 (second phase).

Token role: Functional


Team
Team (number of people): 14

Advisors and partners (number of people): 8

GitHub: NA

Social media
Twitter: Postings: 147, Subscribers: 1933

Telegram: Subscribers: 2300

Medium: Postings: 8, Subscribers: 263

Linkedin: Subscribers: 873

Facebook: Subscribers: 17203

Youtube: Postings: 8, Subscribers: 1210

[kennym]

Project information
Crypterium is a mobile cryptobank with a credit sub-token and an open platform.

Crypterium will provide the following services:

Purchase and sale of BTC, ETH, XRP, LTC, Dash, XEM, NEO, MIOTA, XMR, etc.
International transfers to any bank account, including bank cards.
Conversion and exchange between assets.
Direct payments for services such as telephone, utilities, fines, loans, taxes, internet etc.
Automated payments using direct debit.
Transaction history data (including sorting services such as filters and payment categories.)
Currency operations in Fiat.
Additional services will include:

Multicurrency operations (debiting several currencies at the same time.)
Photographic payments – just photograph an invoice and send it to Crypterium.
QR-payments.
By the summer of 2018, services will include:

Traditional banking services.
Data transfer in p2p mode for crypto and fiat.
Interest on cryptocurrency deposits.
Bank reporting.
Salary accounts.
It is also planned to introduce a CRED sub-token, which will allow creating a blockchain system for instantly crediting platform users.



Advisors:

Keith Teare - Executive Chairman at Accelerated Digital Ventures (1 year), Product Advisor at ContextGrid (about 1 year), founder of Archimedes Labs (11.5 years);
Elie Galam - Chief Investment Officer at the Eastmore Group (less than a year), CIO at Panorama Partners (6 years), Portfolio manager for Two Sigma (1 year);
Fabio Tamburrano - CFO at Coeclerici Group (about 3 years), Director of RUSSABS (2 years), Investment manager at Svyaznoi ( 2 years);
Katrina Arden - lawyer;
Roger Crook - CEO at Capital Springboard (1.5 years), Chairman and member of the advisory board at Innova Capital (1.5 years), Council Advisor at Convargo (1.5 years);
Andras Kristof - Technical director at Yojee (about 2 years), Founder, CEO at Tembusu Terminals Pte Ltd (2 years), founder of Homegrw (about 2 years), Technical Director for Zeicast (1 year);
Mike Raitsyn  - Founder of ICOBox (5 months), investor of Petcube, BeLive.tv, Spinbackup, Deep.Social (less than a year.)
Partners:

IcoBox (https://icobox.io) - partner in the field of marketing.
BitGo (https://www.bitgo.com) - partner in the field of transactions.
Bancor (https://www.bancor.network) - partner in the field of pricing and token liquidity.
Blockchain Law Group (http://blockchainlawgroup.com) - partner in the field of Escrow.
Investment attracted: NA

Summary
The documentation for the project is elaborate, and we believe that Crypterium may be interesting to the community. Since the project is still finalizing its strategy, we believe that the team should complete the strategy for building a cryptobank and implement measures to attract commercial customers.

RPT tokenholders will be able to receive up to 30% of the profit from Crypterium transactions via a monthly loyalty fund (MLF).

 

Conclusion
The project includes experienced specialists and advisors among its staff. Currently there is an active marketing campaing for the crowdsale. We believe that the project’s theme will be interesting to the community.

Strengths of the project:

The team have chosen an actively developing market area.
The project is based on experienced specialists and advisors.
The project has sufficient developed documentation, and an MVP is presented.
Weaknesses of the project:

There are risks associated with underinvestment in the project, which may prevent the team creating a cryptobank.
 

Market and industry
According to a PWC report:

The volume of transactions in the global market for mobile interest-free payments was estimated at $4.6 billion in 2014, and it is expected that this will exceed $300 billion by 2020, with an increase of 85.9%.
QR codes are expected to remain a niche method and will amount to only $9.3 billion of transactions by 2020 with17.9% of 5-year CAGR.
Currently the volume of daily transactions in cryptocurrency exceeds $2 billion (Juniper Research). Consequently, the volume of transactions in cryptocurrency with the help of interest-free payments will amount to $130 billion by 2020, an annual growth rate of 16%.
According to the white paper:

The volume of global transactions increased by 11.2% during 2014-2015, up to $433 billion.
It has been enhanced over the past 24 months by the introduction of mobile contactless payment solutions such as Apple Pay, Alipay, Google Pay, etc.
The volume of mobile contactless payments (NFC and QR codes) is expected to increase between 2015-2020, and the annual growth rate (CAGR) will grow by 80%, which will lead to an increase in payments to $4 trillion by 2020.
It is estimated that the cryptoeconomy will exceed $3 trillion by 2020, and it could achieve 10% of world GDP by 2022.
Processing of transactions for cryptocurrency in respect of goods based on fiat hardly exists. This is the unmet demand for cryptocurrency capitalization, which has already exceeded $150 billion.
There are already 3 million people who make daily payments in cryptocurrency; this number is expected to exceed 200 million by 2025
Comments: The white paper presents a market analysis. According to data, the market is developing quickly enough so it is possible to occupy intended market share.

Competitors
The following competitors are represented in the white paper:

TenX (http://www.tenx.tech/) - a platform that converts cryptocurrencies into fiat and issues debit cards.
Tokencard (http://tokencard.io/) - platform that enables payments, transfers and conversion of currencies.
BitcoinTalk identified the following competitors:

Polybius (https://polybius.io/ru/) - cryptocurrency blockchain bank.
Everex (https://www.everex.io/) - a platform that enables payments in cryptocurrency and exchange microfinance services.
Utrust (https://utrust.io/how-it-works) - platform that enables payments in cryptocurrency, transfers and instant conversion. Other competitors: Rpay, Meridian, Pundi X, Bankex.
Summary:

Unlike TenX and Tokencard, Crypterium uses not plastic but virtual cards. In addition, the services of traditional banks (lending) are added, and exchange of currencies within the platform is available.

As for the other competitors, unlike payment systems, Crypterium has added the functions of a regular bank (lending), and unlike banks (Polybius) Crypterium introduced payment for purchases using a virtual card via a mobile application.

Engineering features of the platform
The platform is built on blockchain using smart contracts.Crypterium uses NFC HCE protocols to pay tokens from a virtual payment card via a POS terminal.The Crypterium API can display a QR code that can be read by a Crypterium client.

Technical descriptionCrypterium is building Cryptobank 2.0, where people can store, spend, exchange and use almost any crypto or fiat currency. It will be available for download on iOS and Android. There will be an opportunity to make contactless payments via NFC. To assess creditworthiness, a digital identity card will be used from partnerships with leading third parties that provide regulation of KYC and AML and reputation for uPort (a self-service system based on Ethereum, Amazon, etc.).

Crypterium OpenAPI:



CrypteriumSX (Smart eXchange):



Comments: The main feature is the ability to convert directly on the platform (smart exchange) and pay for purchases with a virtual card (NFC).

Technical Roadmap

In the future, with the development of technology and data capacity, it is planned to implement:

- December 2017 - March 2018 - development of the Crypterium mobile bank.

December 2017 - April 2018 - development of an OpenAPI platform.
January 2018 - September 2018 - development of Credit protocol, installation of self-regulatory algorithms for token exchange, integration with scoring platforms.
March 2018 - June 2018 - launch of cryptocurrency acquisitions, development of Crypterium smart exchange.
May 2018 - June 2018 – an Appstore for software based on the OpenAPI.June 2018 - September 2018 - grants for the development of OpenAPI products.
June 2018 - September 2018 - grants for the development of OpenAPI products.
Comments:

Step-by-step development of the product is presented in the roadmap. The description of all functions to be added is present in the white paper. An MVP is ready (https://www.youtube.com/watch?v=-Q3ILm8of6Y). The application will be public accessible by the summer of 2018.

It is not clear why a grant is being attracted (in June 2018) for the development of OpenAPI, if the development phase is over in April 2018. According to the roadmap, the team will work on creating a cryptobank from 2018 till 2020 (for more details, see the corresponding section).

Crypterium Products Financial Goals and Corresponding Results:



Comments: According to the plan above, there are risks regarding underinvestment of the project. The underinvestment will prevent Crypterium conducting a strategy for creating a cryptobank. Currently the project does not have an open repository; however, a representative of the project team noted that they will create an account in the near future.

Summary:The project provides a detailed description of the platform and MVP. This speaks of the extensive preparatory work carried out by the project. However, we believe that the team strategy should focus on creating a cryptobank and appropriate technological stages to attract business, rather than attract grants for development. Also, the project strategy has a risk of underinvestment, which can prevent the team creating a cryptobank.

 

Documentation
We have analyzed the Crypterium site and documentation for sufficiency and consistency in order to make an investment decision.

The documentation consists of the white paper, presentation, and privacy policy. The white paper is available in English only. Crypterium is described in sufficient detail in the submitted documents. The main focus is on the platform’s services, the product’s advantages, and the ICO and token characteristics. The project development strategy and strategy for entering the market, however, are not covered in the documentation.

The website also presents information on the project, the public ICO, the team, the partners, distribution of tokens and funds, and the answers to the most frequently asked questions. The site is available in English, Russian, Chinese, Spanish, Japanese and German.

Summary: The documentation gives a full insight into the project.

ICO
Tokens to be issued for sale - 70%

Public ICO start: October 31, 2017

Token type: ERC-20

Accepted payments: BTC, ETH, LTC,ETC, DASH, XRP, USDT, Cash, Visa/MasterCard

1 CRPT price: 0.0001 BTC

Crowdsale period: 10 weeks, through January 13, 2018

The CRPT token is a utility token which serves as “fuel” for carrying out transactions, which stimulates the transaction activity and increases the demand for the token; with each client payment carried out through the Crypterium cryptobank, a small charge of 0.5% will be added to the fee, which, in turn, will be automatically used for buying CRPT from the open market and will later be burned. As a result high demand for tokens is expected.

Token Issue Limit: 300,000,000

Advantages for tokenholders: The number of tokens is limited, 30% of income for Crypterium transactions (trading commission) will be used to reward CRPT tokenholders and the most active platform users by means of a distribution of CRPT from the monthly loyalty fund (MLF). The CRPT tokens are divided between existing tokenholders depending on whether they use the Crypterium bank. Filling the MLF also creates constant demand for CRPT tokens. Cash back will also be implemented

Max goal: $47,000,000

Minimum goal: $3,000,000

The token sale is carried out in several stages:



Comments: All unsold and undistributed tokens will be burned, and no additional tokens will be issued.

Bounty program

Distribution Scheme:

The project has reserved 9,000,000 CRPT for the bounty program. The program is active using the following methods:

Bitcointalk signatures — 50%
Transfer & Moderation — 25%
Media, Videos & Blog posts — 15%
Twitter — 10%
Summary: The project has already implemented the first wave of the bounty program. All the terms are specified under the link above.

Token and capital distribution Tokens and capital are distributed according to the following scheme:



Summary: Tokens do not affect the distribution of shares in the company. The reward system is set up so that it is more beneficial to buy tokens earlier.

 

Development plans




Summary:

The project team has compiled a sufficiently detailed roadmap where past achievements and future plans are analyzed.

We believe, however, that apart from the technical aspect, it is necessary to demonstrate a marketing strategy for market entry. This feature of the project is unfortunately not presented.

Team
The team consists of 14 people and 8 advisors. Information about the main team members based on LinkedIn is given below:

Steven Polyak  - Managing Director, Co-founder. Managing Director and/or Board Member for the following companies: International Board for the Advancement of Medicine (IBAM), Blackmont LLP, ALOR INVEST, Sinteza Agro LLC. Experienced top manager in the field of investment.
Austin Kimm - Director of Investor Relations, Co-founder. Experienced CEO in the insurance industry, worked in such regions as UK, Australia, Russia, Czech Republic. Founder of a successfully sold 24-hour fitness club in the UK - Kimm Health & Leisure Ltd;
Gleb Markov - Chief Operating Officer, Co-founder. Chief Executive Officer at PayQR International Ltd. Experienced serial entrepreneur in the field of FinTech (Bonus Club, OOO Technologii, PayQR International Ltd.), Mass Media (EKinoT - Watch Movies Online, GamePlayTV (Perviy Igrovoy TV Channel), Game-Man IT magazine);
Vladimir Gorbunov  - Financial director, Co-founder. CEO & Founder of Workle (since 2009);
Pavel Rasputin - Director of Marketing. Head of Marketing at SEA (contextual advertising) in Aviasales / Jetradar, head of Mail.ru publishing house, Southeast Asia. Experienced marketing director in B2B (more than 8 years of experience in SKB Kontur), and in B2C.
Summary:

The main team indicates its ownership of the project, except for the Technical director.

According to LinkedIn, there are 14 people involved in the project. The technical team is mainly from Russia. The team has specialists in blockchain technologies, but LinkedIn does not provide its previous experience in this area. Also, there are an art director and video producer, as well as specialists in legal regulation, support and communications.

 


 

Marketing
Information about the project is available on Twitter, Facebook, Telegram, Medium and BitcoinTalk. The team communicates on social media. There is a bounty program.

The project is active on social media. The team answers users’ questions via Telegram. News on Twitter and Facebook are regularly updated. The format of articles about the project indicates that they were ordered by the project itself, as well as written by users on specialized resources such as Reddit.

Comments: Interest in the project is gradually growing. The main marketing campaign is deployed on Twitter, Facebook.

The traffic analysis of the site based on the data from Similarweb.com showed the following:



Comments:

35.57% - traffic comes via direct links,
3.02% - click-through,
43.16% search traffic,
15, 66% - through social media;
Visitors: Top 5 countries:

Russia – 21.54%,
Brazil – 16.55%,
Ukraine – 8.53%,
USA – 7.76%,
France – 7.27%.
Search traffic: 43.16%.

 32% - “organic” traffic,
68% - ad clicks. Referral links: 3,02%

Top 4 sites: bitcointalk.org - 30,63%, coingecko.com - 30,63%, related.forbes.com - 25,23%, newcreationsintl.com - 13,52%)

Comments: The popularity of the site is growing rapidly enough (76 670 people in the last month), as well as the number of subscribers on social media, which indicates users’ interest in the project.

Summary: Based on available information we conclude that interest in Crypterium is growing. The team is leading an advertising campaign on social media (Facebook, Twitter), and communicates with users via Telegram. There is some support from the media, as well as active contextual targeted advertising and ads on YouTube.

 

 

 

Contacts
You can contact the developers via the following links:

Website
Twitter   
Telegram
Youtube     
Medium
Linkedin
Facebook
Bitcointalk
Youtube
The information contained in the document is for informational purposes only. ICORating received monetary compensation in the amount of $3868 from the entity rated in this report for completing the ratings report. However, the entity rated in this report did not have the opportunity to approve this rating report before the report was published, nor did the rated entity have the opportunity to edit or remove this report once it was published. The views expressed in this document are solely those of the ICORating Team, based on data obtained from open access and information that developers provided to the team through Skype, email or other means of communication. Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud. We appreciate feedback with constructive comments, suggestions and ideas on how to make the analysis more comprehensive and informative.

[Ryan_cprt]

Any one can buy an aged account with high karma or merit or whatever. I choose to create a new account instead because i'm lazy. You can call me a "troll" or whatever but it is up to you to decide that, just DYOR. I'm no different from KennyM or Crypto King expressing my own opinion but on the positive side.

Lets say I choose to believe these Fudders and sell all my CPRT right now, but what if it goes up to $15 in the future.. Who can I blame now? No one but myself! but if I'm crazy enough I'll go after KennyM and Crypto King... oh wait, I cant I have no idea who they are....

When the Crypterium team continues to work and develop towards one goal, "Crypto Bank", then the upside is much higher than losing my initial investment. They have a long way to go, but I hope they can somewhat trigger a mass adoption of cryptocurrency. The majority of people do not find blockchain easy to use, and add in the scammers and hackers on the internet. I'm hoping Crypterium will somewhat ease this transition.

[Ryan_cprt]

What makes it LIES? They haven't lied about anything lol.

1.) The app has been substantially updated & upgraded since it's initial release and has had a multitude of updates quite frequently.

what has changed dude , we cant use the app .. nothing work in it .. everything is under maintanenence.. when you change the colour in app it doesnt mean that its awesome..

virtual card ? QR payment ? MLP ?

2.) They were present at Finovate.

and what ? what happened when you joined this event ? what kind of partnership you made ?

3.) They have listed on several exchanges since launch. Are you mad that the team didn't pay $2+ million to be listed on Binance during a bear market? They're supposed to adhere to a top ten exchange listing in their roadmap regardless if those exchanges decide they want seven figures or more in listing fee's? And with the BitWise report exposing how many of the 'top' exchanges have fake and spoofed volume, I'm glad they didn't put a ton of money out for one of those exchanges at this time lol. You know the team is actively working for two big exchange listings right? But those exchanges have been trying to force newcomers to their new DEX platforms instead of regular listings, for months now.

which one Kuqoin ? after listing here dumped token to 0,06 $  sold out more than 15 million token... are there related with the tokens you are giving to exchanges  ? how much token you gave hitbtc and liquid and Kuqoin ? is that why token price was dumping like a hell ?

4.) The website has been redesigned, several times since launch.

when was the last time you updated ? still road map is wating for q1 updates .. we are so close to finish q2

5.) You fail to acknowledge that these features are NOT UP TO CRYPTERIUM to implement at free will! They can't just decide to 'deliver' on features that require financial network support and approval. They can't just pull a card out of thin air to deliver it on time when the card & bank to bank needs a processing network and legal framework. There's immense governance and regulatory barriers to all of these features, and phone manufacturer support for NFC functionality - especially if intending to utilize Apple/Google pay API's. Why do you think most of these cards on the market have country restrictions? Why do you think it took Coinbase and other card vendors 2-4 YEARS to finally deliver their cards? Crypterium is finally about to deliver a GLOBAL card and it will have taken them less than a year and a half.

It's ridiculous, you act like "well they said it, so they have to do it when they said!" when nearly every key feature is dependent upon third party approval and governance to make happen.

Look at Bakkt! Bakkt is owned by one of the LARGEST FINANCIAL POWERHOUSES IN THE WORLD. The fucking company that literally OWNS the New York Stock Exchange, owns Bakkt - and it's been delayed more than EIGHT MONTHS now. They have tens of billions of dollars and the most powerful connections in the world legally and financially - even THEY are EIGHT MONTHS BEHIND. But you want to crucify a new project, launched by ICO, for being late? Lol.

ı dont care about bakkk dude , they didnt took my money.. but you did . and ı m not a share holder as you said , ı m a customer right ? so you prommiss me a service.. than i m asking why the fck ı should give 0,0001 btc per 1 token for a service that i cant have ..


as a company you have to answer it .. you are telling we are not shareholders just customers and we have no rights ..


if you can not give the service , than give my money back ..  thats so simple ..

Nobody took your money, you put your money in.
The ICO had massive involvement - as milestones were late and when the first CEO was replaced, tons of noob moonboys - people who bought the ico solely for expecting instant profits shortly after ICO completion - dumped their CRPT as soon as it landed on a reputable exchange - Kucoin.

The ICO took place in December - the PEAK of FOMO and ICO hype. Everyone was buying ICO’s ONLY with the intention to make large profits RIGHT AWAY.

Instead, the ICO completed right when the entire market started to crash! The ICO completed on January 6th, the all time high of the total market was January 7th - which means the entire crypto market began dropping every day since the day after ICO completion.

Which means NOBODY was getting the instant profits they expected like in October, novermber, and December of 2017. So yes, thousands of people who had no plans of holding CRPT and expected to dump for profits after the ICO - weren’t able to since the market was crashing. Those people all dumped.

Then, since the market was crashing - people began selling alt coins and buying bitcoin to be safe.  So yes, when Kucoin listing came, all of those people above, dumped.

That’s not a reflection of Crypterium lol.

Then, when the cards were first late and the CEO was replaced, people panic sold that too.

You’re mad at the team for things that aren’t the teams fault lol.

You should have sold the first time cards were delayed if you’re not happy. Instead you held on all the way down through a bear market and want to blame the team? You can only blame YOURSELF for not selling.

Crypterium is legit.
When the cards are delivered you will find something new to spam and complain about. You’ll never stop no matter what the team delivers because you’re a fraud.

I remember this, people who bought in early to dump, did not receive their coin on time. Since they were not able to profit from the ICO afterwards, they started complaining and calling Crypterium a scam. I did not expect this to happen because I was still a newb ICO investor, but those who bought in early knew the market would reverse after a parabolic move. Now it is going back up and maybe pass beyond the one trillion market cap. Only the Alt-coins with use cases will benefit from this speculated bull run.

[kennym]

Any one can buy an aged account with high karma or merit or whatever. I choose to create a new account instead because i'm lazy. You can call me a "troll" or whatever but it is up to you to decide that, just DYOR. I'm no different from KennyM or Crypto King expressing my own opinion but on the positive side.

Lets say I choose to believe these Fudders and sell all my CPRT right now, but what if it goes up to $15 in the future.. Who can I blame now? No one but myself! but if I'm crazy enough I'll go after KennyM and Crypto King... oh wait, I cant I have no idea who they are....

When the Crypterium team continues to work and develop towards one goal, "Crypto Bank", then the upside is much higher than losing my initial investment. They have a long way to go, but I hope they can somewhat trigger a mass adoption of cryptocurrency. The majority of people do not find blockchain easy to use, and add in the scammers and hackers on the internet. I'm hoping Crypterium will somewhat ease this transition.

hey dude !  

I'not saying sell your tokens , its not the point  I'm fighting .. i have 15000++ tokens , i will not sell them ..  its wothless already , lost %92  of the investment .. i dont care about lefted %8.

ı just want to know what are they doing .. why they are lying people  all the time ??


I 'm warning new victims of this project like us ..  if you wanna buy , just wait for the product , otherwise you have a chance to wait like 5 years..  couse they are not working .. they are just lying to people ..

[CrypteriumCRPT]

Any one can buy an aged account with high karma or merit or whatever. I choose to create a new account instead because i'm lazy. You can call me a "troll" or whatever but it is up to you to decide that, just DYOR. I'm no different from KennyM or Crypto King expressing my own opinion but on the positive side.

Lets say I choose to believe these Fudders and sell all my CPRT right now, but what if it goes up to $15 in the future.. Who can I blame now? No one but myself! but if I'm crazy enough I'll go after KennyM and Crypto King... oh wait, I cant I have no idea who they are....

When the Crypterium team continues to work and develop towards one goal, "Crypto Bank", then the upside is much higher than losing my initial investment. They have a long way to go, but I hope they can somewhat trigger a mass adoption of cryptocurrency. The majority of people do not find blockchain easy to use, and add in the scammers and hackers on the internet. I'm hoping Crypterium will somewhat ease this transition.

hey dude !  

I'not saying sell your tokens , its not the point  I'm fighting .. i have 15000++ tokens , i will not sell them ..  its wothless already , lost %92  of the investment .. i dont care about lefted %8.

ı just want to know what are they doing .. why they are lying people  all the time ??


I 'm warning new victims of this project like us ..  if you wanna buy , just wait for the product , otherwise you have a chance to wait like 5 years..  couse they are not working .. they are just lying to people ..

You keep citing ‘where is NFC’ in your above comments lol.
It NFC processing is such an easy, quick feature to deliver on - how come there’s not one single project in the entire market that’s delivered it yet in the ten years since Bitcoin has been active?

You got Flexa/SPEDN and it has limited use, national restrictions, and required a multi-billion dollar venture capital group and multi-billion dollar exchange to deliver it after THREE YEARS in the making.

But Crypterium was supposed to deliver it in a year - during one of the worst bear markets in the history of crypto - where financial servicers and traditional processing companies halt their crypto-related activity after seeing the entire market tank? Lol.

The team is not selling their fucking tokens and the more you claim so, the more you lose credibility.
Tens of thousands of people got in on the ICO for instant profit lol. When they didn’t get the 100% gains after distribution like they expected, they started dumping. That’s crypterium’s fault? Everyone who bought into ICO hype was buying up every single ICO in December and January in hopes of 100-300% instant profits. When Crypterium didn’t yield that result for them, thousands of people dumped who had NEVER had the intention to hold Crypterium more than a few weeks, or months if that.

January 6th, 2018: Crypterium ICO END                        - Total Crypto Market Cap: $818 BILLION
January 17th, 2018: CRPT Tokens Distributed                 - Total Crypto Market Cap: $514 BILLION
February 17th, 2018: One month after CRPT tokens sent - Total Crypto Market Cap: $504 BILLION
March 17th, 2018: Only 8 weeks after CRPT delivered.     - Total Crypto Market Cap: $300 BILLION

January 17th, 2018: Bitcoin Dominance - 36%
March 17th, 2018:    Bitcoin Dominance - 44%

When Crypterium ICO ended, the ENTIRE crypto market cap was $818 BILLION.
Less than two weeks later - ONLY TWO WEEKS - the entire crypto market dropped almost in HALF.
8 weeks after that, it dropped a total of $518 BILLION and MOST of the remaining money started to panic sell back into bitcoin, hence the fucking dominance increase.

NOBODY IN THE MARKET WAS STAYING IN NEW ICO’s.
NOBODY IN THE MARKET WAS TAKING RISKS ON 150 ranked coins when the market was TANKING
THE MARKET WAS TERRIFIED DURING THIS PHASE AND SELLING ALTS EVERYWHERE - HENCE THE ABOVE NUMBERS.

Your claims are bullshit. The team wasn’t dumping, the  entire fucking market dumped!

[Crypto king 123]

May 20th - 61,306 token holders
May 28th - 61,298 token holders
May 29th - 61,262 token holders
May 30th - 61,253 token holders
May 31st -  61,199 token holders
June 3rd - 61,179 token holders - now they are leaving a little bit in the account, that way it don't look like they are losing token holders - here's an example they left 0.0000792823 CRPT tokens https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0x2b8206fd2e9dc99b983e6a5da42f1130d9117b50
jUNE 4TH -  61,173 addresses

Dumping more fake accounts into the exchanges with old accounts, then taking tokens and transferring them into this account

https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0x27492703e18f7ab987d57c1e92d9e5d16d35b163

Here's some examples today of them moving tokens

475 days old account - https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0xed64ee51b7db461498099b704f1a786c924a02ee
493 day old account - https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0xe8193a51de2a47faefba85817040c54a8e314efb
518 day old account - https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0xb29baa02817c3cfcabdf1af6e94e1aafd211c8b3
494 day old account - https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0x2375d49d9788de8db8ae5d75b850783620be8aaf
494 day old account - https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0xfb3ed386a43cf6c3631a2223fd132166b93f68ee
489 day old account - https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0x2b8206fd2e9dc99b983e6a5da42f1130d9117b50
493 day old account https://etherscan.io/token/0x80a7e048f37a50500351c204cb407766fa3bae7f?a=0x9f4ec1922ccf44fbaf96ac3e720e70cb0afb24dd

This is just a handful of them, the scam runs deep

[itslim12]

Fake ass telegram group that consist of 90%+ bots while mods filtering anything that criticized about their work.Cards are always promised but never achievable,app is also non-functional as most of the functions are always in maintenance.LEAVE THIS PROJECT ASAP

[CrypteriumCRPT]

Fake ass telegram group that consist of 90%+ bots while mods filtering anything that criticized about their work.Cards are always promised but never achievable,app is also non-functional as most of the functions are always in maintenance.LEAVE THIS PROJECT ASAP

The mods remove blatant FUD, as they should lol.
They don’t remove any discontent or complaints.
Bots? There’s literally no bot activity besides news reposts lol.

Honest question - when cards arrive and there are irrefutable videos of users actively using their cards - are you going to speak positively and retract your claims, or just make new bullshit to FUD?