Ladies and gentlemen I am sitting here speaking with the developers of crystal token. Hello guys. Can you hear me?
Okay, please introduce yourselves, who are you so James Luke?
AI
Expert of the end developer of crystal token okay when you say I expert and developer. What do you mean so?
we're mainly researchers in AI but in two different fields I
Am experiencing in forecasting applications
Whereas Luke is?
More skilled in anomaly detection so we try to
integrate our knowledge to
in the to develop
trading BOTS as we
Explained in the white paper have you ever worked for a company that was AI driven for example advertising
cars whatever oh
Yes, yes absolutely when we've done
research projects in different fields such as
bio informatics or
bike sharing and
forecasting applications for
with financial data, and yeah many other uses
the high energy production so in if you want to predict the
energy produced by other
Sources of energy for example by a renewable energy
We are able to do the model to produce models that are able to
Predict these values these the the produced energy
so
we can exploit these competences to
to improve the
Quality of the prediction of the trading mark since it is just available to predict
Okay, all right, so as your a trading bots are ready developed and ready to go so
We have a curved version which is already running, and we will publish soon section on our dashboard, which will show the
current race being before
So this is the core version which implements a trailing stop and a few indicators as by?
Signal you will see them in the leaflet published on the homepage
of our website and
However, we wanted to improve it and to integrate
more complex and ambitious
models and techniques and
This is the purpose of our high CEO, and we aim to
improve the
ability to perform multi currency
trading and
an increased percentage of account which we will
Reuse in the platform for end for its
Sustainability not in the stick improve, okay?
Well, tell me a little bit about crystal token since you're talking about the other platform right now. What is it?
What does it do what's your aim? What's your motive behind making crystal token alright, so?
we had the opportunity to see many platforms lately and
to see what their drawbacks were and
What we what we liked and what we didn't like and we started to
at some point to
Develop new ideas and we started to see that we could improve
What is actually offered by the current ecosystem and that we we could?
apply our contribution to it so as I said we
We've seen many in a platform suite which claim that they are driven training, but but we know
Without showing it and
Since we work in this field. We really wanted to
Build up something in the direction, and if you see our white paper
It is rather detailed and specific on what the attacker in we're going to do
what will be the strategy for buying and say what will be the the models involved in it and
and so on so we really want to
our platform to be a
platform for passive income through smart investments which exploit
advanced trading services and
For this purpose
We're going to have
different
Sources of revenue and but the main one will definitely be the multi currency bought
And in this way we will be able to make a platform, which is not a plain hmmm, or a Ponzi scheme
But we will use the revenue coming from this port to
Sustain the platform okay, how long do you think you can sustain crystal token?
well we hope forever but
We will see we
really worked hard for months and
Now we're looking to build up a good community and to learn from the community learn from our mistakes and work hard every day
Okay, well since you trust crystal token so much. Why don't you show me your face? Oh?
Well, this is a very good question actually we decided to
Keep our team anonymous first of all because of the recent regulations
Issues occurred in the landing and staking
environment so
this is first of all a precaution so to
guarantee to guarantee our users the usability of the platform and to avoid
Any attempt to interrupt the service?
due to
upcoming regulations from particular governments or institutions and
Which we have seen can be rather problematic
For example the recent cease and desist letters coming from, Texas
And so on and so forth and so this is the main the main aspect
Also, we think that facts matter more than names and faces so
from our experience
We've seen that people call scams also
I see a little team
so people can call scam or whatever and everything can be specious until they deliver any ICO is suspicious by itself and
Also, we've seen team who have shown their faces, but they scammed as well, so we really think that face is not
A necessary condition to have a good project in the a project which will deliver
Just want to focus on the project itself and build our reputation based on facts day by day
Ok fair enough. I'll give you that
How many members are there on your team?
Are you guys just the two of you sitting somewhere and planned on coming up with a platform, or do you have a team?
That's legitimate. Do you have a marketing team a a?
somebody, that's
Well-versed in coding and all that stuff. Tell me about your team
Alright, so we have a core team
Build up by seven people in there. We are based in Denmark
We have three web developers
me and Luke which are the AI experts to enter persons for technical support and
Besides these seven people we also have
external consultant coming from UK France and Hinckley
Which are two traders and to crypto experts?
So this is mostly our team my god
Okay, so how many members?
Do you have right now for crystal token has shown me sixteen thousand four hundred and eighty two members
Yeah, it is that real or did you guys for us?
Actually, it's real and with a huge income of new members coming from
specifically for the drop first two air drops which we used as marketing strategy and
new members coming up
Every day and we are proud of this, but we we definitely aim to grow more
Hopefully up to 100k or even more if possible ok so you're telling me
Majority of these users already signed up with you are there because of the air drop is that something you implemented earlier one before
Before we have yes, okay now. Why did you advertise the airdrop?
Okay your telegram group how many members do you have enough? We just reached for K
Okay, and most of them are are there for the airdrop as well. Oh
No, actually we received the many questions from
people
generally interested about the project and
We are there. Where was there ready to answer to all your curiosities and
Technical support
whatever and lately we were seen a dramatically increase of questions, and so we
We inserted new admins were willing to
AB the community also in the township school in which we are not available, okay, yeah
That was my next question that was my next question to you how many support?
Team do you have how many people do you have behind the platform to answer tickets or questions or consumers?
So we have two persons for technical support which will
which would help us to do a synchronous support so people put taken in tickets in the system and
Regarding you know crucial
Technical issues that they have with the platform and within 24 hours. This issue are handled insulted by the team but for people who prefer
Real-time support or maybe they have just a simple question we have four admins on the telephone group so far and
We are ready to have more if needed okay, and once the community grows
Okay, so are you going to send the emails for example because not everybody has telegram or Twitter oh?
Yes, we will be constantly updated with social media and
We are we aim to do at least one weekly newsletter
to let our subscribers know about major updates and
News about the platform, and now we are moving towards our roadmap. Okay great the next question
I want to ask you is on your website. It says United States citizen cannot participate in your platform
clarify
Alright well that was a simple disclaimer that we put
Concerning the recent US regulation so we want to assure our members that
What the real meaning of it is that by accepting it members are aware that the local government can for example?
obfuscate the website in the future or
decide on other measures to limit their access on the platform, but we
They're completely
Welcome to join because we're not explicitly blocking us participants and their IPs, okay well
Let's get a little deeper here now. You know the lending space or staking space whatever you want to call it is very sour
many people have been burned by
Scams and other platforms, what makes you different?
Why should they trust you right so first of all we're really passionate about this
And we spent a few months building our stake in the program and our exchange beforehand
So we think that these are crucial
things that
Which can be a reason for scamming right because once team collected money, and they don't have anything ready?
this is thing to do a scam, but no we
have implemented everything beforehand and
So our wallet or exchange or speaking system
and we are just ready to go after the I see all the hands so this is a
the main reason for which we won't scan okay, and also we
We're really a responsive and devote to our community, and we want to do something really valuable for them
We want to do want to grow grow with them and build a nice product
valuable products for the community okay, all right
So your exchange is ready and your staking model is ready
You don't need to add exactly you don't need to test you don't need to wait
Until you do something with it everything has been tested everything is ready to go so if the people
After they participate in I see oh and the last round is over. They expect it to be when oh
so
We're still evaluating as if opening the stage which was taking plan the next day after the ico
Or we're also thinking about opening it during the SEO
So I have some promotional plans some limited number of plans to open
a
After the end of round 1 round 2 and so on this is something we have to decide but definitely we're just taking at worst-case
will be
Available the next day after the SEO
concerning the exchange everything is ready and tested our strategy is to
Let it run
Approximately five or seven days after SEO so this is our strategy to avoid
massive dumping right after the
Data, but that's the only reason everything is a-ok and yes working your case speaking of dumping how you can avoid massive
Dumping by postponing your exchange that doesn't make sense
Explain what your strategy is by expanding seven days after the I see over five days to start your exchange
Tell me what your thoughts are and also and also the part two of this question is going to be I see there's a timer
On your exchange, and there's something involved around four times six hours explain what that is for the viewers?
All right so our strategy is that people who got?
bonus tokens will be able to
Activate their visual staking plans at a really really reasonable price and
this should be an incentive for people to participate to the ico and
Open up
a visual singing plan for really limited amount of money and
Also, we had a promotion going on
For which one cyl token is worth 5 v. Cyl tokens
Which are approximately?
4 to 5 dollars and
This should be
our strategy to
incentivate the opening of our plans
so people will we have the time to set up their accounts and
join the stating program
But aware we we aim to
Add a constant promotion during our roadmap, which will incentivate
The participation to the staking program, which we see a valuable source of passive income
concerning the internal exchange
so yes our
exchange were really proud of the new exchange model that we
implemented and is already different than usual exchanges so
In our exchange you don't see
Single trades and the users do not have to specify a fixed set
Price at which they want to sell their tokens or at which they want to buy
but
Basically they just decide how many hitters to offer or how many tokens they want to buy and
this offer will be
added to the current time window so we have four time windows during the day and this means that the
exchange is open 24 hours, but
When people put their trade in it will be processed in the current time window, so it will take up to six hours to
for users to receive inter tokens or
Aetherium people put their trade. They will see an estimated price of the token which is a
not definitive, but based on how many interns around the platform and vice versa and
At the end of the time window so when the countdown ends they will receive either's if they
want to sell their tokens and vice versa and
During this time window we aim to
Perform for example auto rebuy initiatives to sustain the price because
in this way we
We can see how many aters are in the system
For that time window how many tokens are being sold for the time window and we can
Put our buy orders based on the revenue
generated by our multi currency buck and in this way sustain the price of the token and
protect users investment and
Also, we believe that this model is a good
balance so
We were for us to perform price regulation without removing
necessarily users freedom to trade and
At the same time it will allow us to avoid abrupt spikes, which are made this kind of platforms
unsustainable, and we we promote the organic and the linear increase of price of
the token with time and also to avoid the massive damping so
Another
Regulation that we ain't put is to a limit on the number of tokens?
Which can be sold by each user?
on the time window
So it won't be possible for user where alpha million token to sell them all at once in the same time window
So this sums up a little bit our policy
About the exchange makes sense. It's a good way to regulate the token price
And you know you spoke about buying back the token using the revenue generated by the bot, and that's always a good thing
I think that will give you a an edge on sustainability there alone
Now do you have any other main stream of income?
Right so we have three main
Sources of revenue for the platform the first one is obviously the multi currency board, but we also have exchange
Means which are 5% on the transaction received and also trading as a service which will be our main
Service which will be developed in the upcoming months, okay?
so people who want to trade directly using our trading bot will just put their API keys of the exchange and
Our bot will perform trades automatically and we will deduct a small fee for this service. Okay basically
It's a trading bot if you want to use it you'll get a certain percentage on off the profit
Of that excess okay, so you sent me a couple pictures here. I want to share them with the viewers the first one
I'm looking at says engine. What is that? That's your trading bots on your your purse?
yes, yes, so we trade all pairs at the moment on Polonius, and that is a
Our core version so the simple version of the bot using training stop and indicators
we aim to
Show this soon as a public page, but at the moment
it's still in the backend because we're still tweaking it and working on it and
Yeah, okay. I saw engine yes. It's the trading bot okay, and then you sent me another picture
Let me share here. It says trading as a service. I guess that's
that's you're trading as a servers that you're gonna absolutely let the
Participants of your platform use once you get everything up and running is that correct
All right, yes, we aim to integrate different strategies there, which the users can choose also based on you know
statistics about
the efficiency of each strategy and the
Historical performances of these strategies and
This is our
aim to
Give value to the token which is not just taking itself because we want we aim to become a utility token
Based on so our talking will be
valuable since it is usable for training and with this we aim to approach external exchanges and
Which will increase also
Our community, okay?
Now during the ico
What's your maximum buy-in your minimum buy it says on your website that it will be determined after every round what does that mean?
right so
There is no minimum
And we're proud of this because we let also people you know these kind of ideas usually have a minimum
100 tokens we didn't want to do this so people can come in even with 5 bucks and buy their tokens, but however
since
Our aim is to avoid whales we will
Put the maximum most probably it will be in the range between 250 and 500 tokens per user, but we will
publish this 24 hours before the
IC o----
This is before the IC or before every round of the IC o----
Actually, yes before every round Apopka
It's correct and the distance been in between rounds will probably be 24 hours so every 24 hours
There's another round that's continuous, and this round will stay open until it's sold out
Right correct, okay? All right, so tell me about your servers. Are you prepared? Do you have strong servers to handle the traffic?
right
We have two dedicated servers with 16 core processor and 32 gigabytes of ram SSD drives
Also, have a DTS
Anti-ddos service and
Concerning the especially the ICO we decided to put the load off the servers so everything is
Being processed on the etherium blockchain so our users can stay assured that
The webserver won't be want to go down and there will be a smooth
SEO buying experience this is what mattered the most for us ok perfect now speaking of the
deposit and the withdrawals
Explain that process
Right so concerning the SEO people will just need to have here C
20 compatible wallet
and they just need to send eaters to our smart contract address once the countdown is due and
The smart contract without automatically allocate tokens
So in this way we avoid to locking money and
if people are not
Able to buy the tokens they will receive a refund in heater. There is no money locked
anytime
in the platform
Okay, so they will receive a refund how soon immediately
Yes, practically yes
Because the transaction will fail
And it is regulated entirely by
Aetherium blockchain gotcha now when they buy and they're successful are they gonna receive their tokens immediately
Yes, they will be
Endured a air-sea twenty wallet, okay, and once the platform opens they can deposit
using
We will definitely
write instructions on the website, but it will be very simple for them to deposit them in the
platform and
Open their staking plan
Also using the bonus tokens that they received in the promotion okay now when you send you there's something that
Says on your white paper first-come first-serve explain what that is?
Right so it's simple transaction will come first
Will be processed first will be mine first and then
This will infer a transparent and legitimate experience you know many ICO I
Have everything centralized so they can opt for
policies which allocates tokens specifically to certain people
Which they want to privilege for example, but in a work is not first-come first-serve
based on the time of which in which the transaction reaches the
ATM blockchain people can go to ETH gas station to verify what is the optimal amount of gas to use?
to let the transaction be processed in a timely manner so everything is transparent and
We we would not
Lock everything or we not do not decide everything okay, all right, so it's all based on a smart contract and the ethereum blockchain
I actually I actually like this idea because it's very creative
And it avoids a lot of headaches because people hate that their money is locked
On an exchange that they don't they have way trust right okay?
well I appreciate that one last question to you my friend is do you see how sour the market is when it comes to lending and
Staking platforms people lost a lot of money people hate
staking and lending platforms
What's your message to the people that are interested in to take in maybe one last chance with this platform?
Right so we have seen also that the environment is really
Saturate and we're really sorry for all the money losses that
people had
We we just asked for a chance to
To people because we we think that we put some innovative ideas in our white paper, and we're sincere and we are
Responsive and devote to our community. We just came to
Build up a good product for the community and
We we promised that we were not scamming and the investment of our users would be
protected and
Yes, we just ask the community to trust us and
Evaluate by themselves if if our ideas are original and if they're worth
Their investment and we're gonna we promise that we're gonna deliver and we're gonna support them in
Even after Nico during all the stages of development of their projects so we have to be
Always in in touch with the community we want to be transparent
And
Let the project grow with the community being basically
Fantastic fantastic well I want to thank you guys
For coming and doing this interview. I appreciate you
I'm sure a lot of people would want to hear
What your thoughts are and I'm gonna be able to deliver that message to them, so thank you so much for coming guys
I appreciate you and I wish you the best of luck. Thank you imagine. I thank you for the opportunity. Okay, you're welcome well
I want to thank you guys for watching
I appreciate you hit that subscribe button if you're not a subscriber hit that Bell right next to that subscribe button and until next time
Stay safe
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