What Is Crypter Token (CRYPT)?

Crypter, with the token CRYPT, describes itself as the first social media platform like Facebook to launch the revolutionary Engage-to-Earn reward system on cryptocurrency. Crypter aims to ensure that all its featured projects are wholly legitimate and trustworthy. The platform aims to establish a community where every trustworthy user looks out for each other. In contrast, scam users stay banned permanently. Its Engage-to-Earn system program rewards the members who bring new users to the community. The more engagement with friends and community, the more rewards for every like, post, and comment on their Crypter profiles.

According to the website, the crypter ecosystem includes:

• Social Network - A Facebook-like platform where crypto traders can share their gains and losses, create private groups, and chat with crypto friends. Some decentralized apps (DApps) such as a traditional currency to cryptocurrency solution, a Rewards Tracker, a Crypter DEX, and many more are also integrated on this platform.

• Email Service – users can create their email accounts, especially for their crypto needs. However, this facility is only available for all whitelisting applicants.

• Chain Quest: Chain Quest is a fighting game where all the game characters are based on different crypto assets Safemoon, Shiba Inu, FEG, and many more. However, the gamers need the native tokens and CRYPT tokens to unlock the respective game characters.

• Cryptr.ee –It is an easy-to-use tool that doesn’t require any fee and helps all crypto projects go on air without website support to promote their ideas quickly.

• Contest Platform - The Contest Platform is used solely for crypto-related contests. The Crypter platform also serves as a venue for crypto users to look for new and promising projects.

• Crypter Search– It is a search engine like Google, where users can search for new and upcoming projects. The Crypter search is built to crawl on YouTube, Reddit, Medium, and other crypto-related websites.

• Portfolio Tracker –The Portfolio Tracker shows the current value of the DeFi cryptocurrency tokens in one location.

• Crypter Marketplace - Crypter Marketplace is an online marketplace where CRYPT or other tokens can be used for payment. Crypter Pay is used as a payment processor on WordPress and Shopify sites.

  The token CRYPT is based on Binance Smart Chain (BSC). The tokenomics of CRYPT has been developed to deliver both stability and rewards to holders while ensuring the ecosystem’s growth and development. By holding the CRYPT token, users are rewarded with 8 percent return in BUSD. These returns are automatically transferred to the users’ account. The process happens every 60 minutes.

History of Crypter Token (CRYPT)

Crypter was initially conceptualized in August 2021. The platform was founded by Nick Ballesteros. Nick is a web and graphic designer by trade. He is involved in everything from contest sites to global digital marketing forums. Nick has also been a freelancer for more than a decade.

There is a total supply of 1,000,000,000,000,000 CRYPT tokens.