CRYPTYK CTK Cyber Security ICO Announcement

[Cryptyk One]

SAN FRANCISCO, January 26, 2018 - Cryptyk Inc. is pleased to announce the launch of the CTK Token Sale (or ICO) after almost 2 years in stealth development.

The pre-sale round for accredited investors commences on February 08, 2018 at 5pm UTC. The pre-sale round is priced at a 20% discounted price of 10 cents per CTK token.  The public sale round for non-accredited investors commences on March 08, 2018 at 5pm UTC, and is priced at 12.5 cents a token. Note that only 750 million tokens will ever be created and released into the market.

Cryptyk has developed a revolutionary new approach to cyber-security and cloud storage. Instead of trying to prevent data security breaches, Cryptyk assumes hacks are inevitable and makes files effectively 'safe to hack'. The ultimate goal is to take the profit out of hacking and the risk out of the cloud.

Cryptyk's new Hybrid Blockchain Technology is based on the integration of encrypted decentralized file storage with blockchain auditing and monitoring. This hybrid solution is passively immune to external, viral and operational security threats, and also allows network administrators to protect against potential internal and surveillance threats. It is the first complete cyber-security and cloud storage solution from a single vendor, and dramatically reduces the cost of cyber-security for all business and enterprise.

"We are building the world's most secure cloud security and storage system", said Cryptyk CEO, Dr. Adam Weigold. "but more importantly we are also creating a whole new crypto-economy and ecosystem for the cyber-security market" he added.

At the heart of the Cryptyk platform is the Cryptyk Token (CTK), which drives an open-source cyber-security ecosystem consisting of 3rd party app developers, strategic enterprise customers, crypto-currency miners and investors. The Cryptyk Token is a true utility token that offers scalable benefits to all participants. Long term growth in CTK value will be directly driven by customer adoption and product use, rather than short-term market sentiment. Consequently, utility tokens offer investors greater potential for long term growth and less market volatility compared to the more common security tokens. Token sale participants are investing directly in a product and its self-propagating ecosystem, rather than buying equity in the company.

The funds raised in USD, Bitcoin and Ethereum will be used by Cryptyk Inc. for product development and sales. A minimum raise of US$3 million is required to deploy the crypto-currency ecosystem with a maximum raise capped at US$25 million.

The Cryptyk Team comprises of veteran cyber security, cloud storage and blockchain experts. The founders include CEO, Dr. Adam Weigold, a quantum physicist and veteran of 6 tech startups, and CTO, Raghu Kotha, a well-known white-hat hacker, cyber security expert, and former director of security at Silicon Valley Bank.


For more information about the CTK Token Sale, please visit www.cryptyk.io

For more information about Cryptyk, please visit www.cryptyk.com 

[gold969]

   such a big project will have a bounty, otherwise I already made a tweet, you can indifferently repay me _{https://twitter.com/Bill_Djons/status/957639313868632064}

[SeveralQ]

Hi everyone! Just added Cryptyk ICO to my website https://concourseq.io/Q/Cryptyk. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

[niknik1966]

I would like to receive information about the upcoming bounty and what percentage of the remuneration will be allocated for it from the total capitalization?

[saltox]

I want to follow you on twitter so I can see more of your updates but your accounts is suspended.

[AntonyKorun]

..after almost 2 years in stealth development....I think it will be interesting!

[fiteuf]

..after almost 2 years in stealth development....I think it will be interesting!

but suspended twitter account ?

https://twitter.com/CryptykTeam

[AntonyKorun]

..after almost 2 years in stealth development....I think it will be interesting!

but suspended twitter account ?

https://twitter.com/CryptykTeam

Do you think this is a fraudulent project? I just read the first post and so I liked it. It is very unfortunate if the project is closed. 

[bitcoin_paypal]

Is token allocation coded in smart contract? Also, I could have missed this in your WP, but what platform is your ICO based on? Your own or third party one?

[Yazz]

I want to follow you on twitter so I can see more of your updates but your accounts is suspended.

Thank you for your interest and sorry for the delay!

Yes, in their infinite wisdom Twitter suspended our account literally days after we opened it. Seems it flagged for some reason we can't work out.

SO, we have had to start a new Twitter page. Find us @teamcryptyk ! See you there!.

[Yazz]

I want to follow you on twitter so I can see more of your updates but your accounts is suspended.

Please check out @teamcryptyk

See you there!

[niknik1966]

Beautiful project. Almost all the famous games were written by this team. I think their games are the best. I think that the best experts in crypto security are gathered there. They are capable of very much.

[dixon98]

When are you going to reinstate your twitter page?

[Yazz]

   such a big project will have a bounty, otherwise I already made a tweet, you can indifferently repay me _{https://twitter.com/Bill_Djons/status/957639313868632064}

Thanks for your support!

Please check our Bounty program here: www.cryptyk.io/bounty

[McDevlin182]

There are several things in your post that have definitely caught my interest such as the development of a new crypto-economy and ecosystem for the cyber-security market.  I am curious as to what you believe your impact will be on the cyber-security market, and what type of growth rate do you assume you will have in this market?

[Yazz]

I would like to receive information about the upcoming bounty and what percentage of the remuneration will be allocated for it from the total capitalization?

Please refer to www.cryptyk.io/bounty for more info.

[Yazz]

There are several things in your post that have definitely caught my interest such as the development of a new crypto-economy and ecosystem for the cyber-security market.  I am curious as to what you believe your impact will be on the cyber-security market, and what type of growth rate do you assume you will have in this market?

Thank you for your question. Our goal is to disrupt the trillion dollar cyber security industry. As you are no doubt aware, cyber security is a massive problem for pretty much all enterprises and the current solutions are fragmented. Often an enterprise will require 3-4 different software solutions to achieve their security goals: CASBs, Firewalls, Anti-Virus, Encryption, etc...

Cryptyk's solution is an all-in-one package that achieves outstanding results at less than half the cost of traditional multi-vendor solutions and many times faster than blockchain storage such as Sia, Storj, and Filecoin. Our security attack vectors are tiny compared to existing solutions. We are building the most secure cyber security and storage platform on the market. Period.

As you identified, we are also seeking to build a cyber-security ecosystem. We will incentivize potential clients (to adopt the software), strategic alliance partners (to work with us in creating synergistic pan-platform solutions), and 3rd party developers (to build apps and software to augment our core system).

With this in mind we think that our impact on the market will be significant and we look forward to building a community of like-minded cyber security professionals.

It sounds like we could be looking forward to your involvement too? 

Best
Team Cryptyk

[vuzzbee]

its really not a professional way to introduce your ICO ..

[Yazz]

its really not a professional way to introduce your ICO ..

What is not professional?

[Yazz]

Did you know that the leading blockchain cloud storage platforms have such high levels of latency you have to wait up to 30 seconds for a file to even start downloading? Cryptyk's unique hybrid blockchain architecture means that file access is essentially instant. So fast that Cryptyk can be used for realtime online file collaboration. Check out www.cryptyk.io for more.