building the MetaFi ecosystem to bridge the gap between CeFi and DeFi

building the MetaFi ecosystem to bridge the gap between CeFi and DeFi

Key Points From Livestream With CEO Steven Parker (April 2021)

12 April 2021, 16:04

2 min reading

Key Points From Livestream With CEO Steven Parker (April 2021)

Crypterium CEO Steven Parker held a Livestream on April 9 to give our clients the latest news about the company, its business performance monthly report, product updates, and short-term plans; highlighting the Seedrs investment round

Key Points From Livestream With CEO Steven Parker (April 2021)

Since the beginning of the year, Crypterium has shown healthy growth; more than 138,900 new users have registered in our application. Last year’s most key business performance indicators have been almost outperformed in just the first quarter of 2021.

Crypterium has added four new B2B partners in March, a key growth driver for the company, and made an overall 100,000,000 transactions in Crypterium Network, which is ⅔ of all transactions in 2020.

If you weren’t able to join the Livestream or just want to take some notes, you can Rewatch it here

Or you can do it the easy way and read our key points below.

Our key business performance results for March 2021

We want to share important information with you and our key performance results for the last month:

  • 138,900+ new registrations (450,000+ users in Crypterium)
  • Almost reached the 2020’s overall transaction volume in three months
  • €400,000 total revenue (from all transaction types, including B2B onboarding & subscriptions revenue stream) in March 2021
  • €600,000 of B2B partner transaction volume in March 2021
  • 121,037 CRPT tokens were burned in March 2021 (1,031,692 CRPT burned in total)

CRPT Roadmap; New features each week

This month, our customers will be able to buy CRPT with zero fees and get special benefits, i.e., board memberships, exclusive Visa Cards, and subscriptions to lower the commissions and get access to AI Price Predictions.

We’re in cooperation with two major exchanges, KuCoin and HitBTC, regarding traders contest, ads, and marketing activities. Crypterium users will get an unbelievable chance to find CRPT token on other digital wallets easily.

We plan to launch an updated Monthly Loyalty Program with different levels, new terms, lower commissions, higher deposit rates, etc. The combination of all new features will increase the number of crypto-fiat transactions, and as a result, it will increase the burning amount.

March updates

In March, we have concentrated on improving and simplifying UI/UX and already refreshed the Crypterium web wallet, adding tech support chat to keep abreast of all upcoming Crypterium events.

TON Crystal tokens have been fully integrated into Crypterium App services. You can buy, sell, withdraw and exchange TON Crystals, as well as deposit tokens on your savings account with up to 15,6% APY.

Crypterium has launched savings accounts for USDT, USDC, DAI, offering a limited promotion with the highest yield on the crypto market up to 16.8% annual interest on stablecoins for a period of 3 and 6 months. 

We have also onboarded PeakDefi as our new B2B customer, offering a crypto-backed credit card in the Peakdefi Wallet app. It is now possible to order a virtual and physical credit card via their application.

Over 1,000,000 CRPT already burned

We’re proud to confirm that 1,031,692 CRPT tokens have been burned since the Crypterium Wallet went live for the first time. A year ago, Crypterium applied a “token burning model” to reduce the supply of CRPT and increase the token’s value. 

The burning of CRPT tokens reduces the circulation supply as they are deliberately destroyed. The economic rules clearly state that reducing the quantity of any good in the market makes it more valuable. 

Plans for the next months

In April 2021, Crypterium Wallet will allow users to make instant wire transfers using a fully functional IBAN Fiat account and enjoy new filters for AI Price Predictions with a redesign of history details for better UX. Customers will get the ability to buy a subscription package.

Our users have a chance to buy CRPT with zero fees and enjoy new features including the ordering of Crypterium Visa Cards on a web wallet; lower-cost tariffs and delivery improvements of Crypterium Visa Cards; a new Premium Visa Cards issuance.

We plan to launch a new DeFi Yield Farming tool with the opportunity to invest in high yield projects via our partner.

Seedrs investment round

We are happy to share that we have reached our initial goal of €1,000,000 during private launch in just 36 hours and raised €2,154,126 from 1,749 investors, overfunded by 215%.

1.5 million CRPT has been allocated for equity purchase cashback, offered on a first come first service basis, with a maximum of 30,000 CRPT per person. Cashback varies depending on the sum invested. In addition to CRPT bonuses, we are offering exclusive perks for Seedrs investors only. 

In order to invest, you’ll need to create an account on Seedrs and answer a few questions to verify your identity (if you haven’t done so already!). 

Check out our campaign

About Crypterium

Crypterium is one of the most promising fintech companies, according to KPMG and H2Ventures. We are building a mobile app that meets the banking needs of the digital assets era.

Our goal is clear: With Crypterium, whatever you can do with traditional money, you will do with digital assets.

The team is led by former General Manager of Visa Central and Eastern Europe Steven Parker, and C-level executives from global financial institutions, like Renaissance Insurance, London Derivatives Exchange, American Express, etc. 

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Key Points From Livestream With CEO Steven Parker (April 2021)
Key Points From Livestream With CEO Steven Parker (April 2021)