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Cratos

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Discover Cratos's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Cratos?

Cratos (CRTS) is a V2E (Vote To Earn) cryptocurrency that facilitates citizen participation in the CRATOS mobile app, a real-time live vote platform. Users can earn CRTS tokens by registering, generating votes, participating in votes, and leaving comments on the app. The token is designed to promote community-driven decision-making processes and is built on the Ethereum blockchain as an ERC-20 utility token.

How is Cratos used?

Cratos (CRTS) is a V2E (Vote To Earn) cryptocurrency designed to facilitate citizen participation in the CRATOS mobile app, a real-time live vote platform. Users can earn CRTS tokens by engaging in various activities on the app, including:

  • Registering on the app
  • Generating vote topics
  • Participating in votes
  • Leaving comments on votes

These activities allow users to earn CRTS tokens, which can be transferred and used within the app. The app has achieved significant user adoption, with over 600,000 downloads and a user base exceeding 300,000. The token is based on the ERC-20 standard and can be stored and managed using a variety of crypto wallets.

How do I store Cratos?

To store Cratos (CRTS) tokens, you can follow these steps:

  1. Create a Wallet: Download and install a wallet that supports Cratos (CRTS) tokens. Atomic Wallet is a popular option that supports over 1000 coins and tokens, including Cratos.

  2. Set Up Your Wallet: Once you have the wallet, set it up by creating a new account or importing an existing one. Make sure to follow the wallet's security guidelines to protect your private keys.

  3. Transfer CRTS Tokens: After purchasing CRTS tokens, transfer them to your wallet address. You can do this by using the transfer request feature on the CRATOS app, which requires a minimum of 50,000 CRTS tokens to avoid high transaction fees.

  1. Secure Your Wallet: Ensure your wallet is secure by keeping your private keys encrypted and not sharing them with anyone. Atomic Wallet, for example, does not track your data and keeps your private keys on your device.

  2. Monitor and Manage: Use your wallet to monitor and manage your CRTS tokens. You can check your balance, transfer tokens, and perform other actions as needed.

By following these steps, you can securely store your Cratos (CRTS) tokens and manage them effectively.

How to buy Cratos?

To buy Cratos (CRTS) tokens, follow these steps:

  1. Create an account on an exchange:

    • Choose a suitable exchange such as Coinbase, Binance, or others.
    • Provide necessary information, including your email address and a secure password.
    • Complete any identity verification steps required by the exchange.
  2. Choose your funding method:

    • Use a credit or debit card, which is a straightforward method for newcomers.
    • Transfer fiat currency from your bank account to the exchange using SWIFT.
    • Consider peer-to-peer trading or third-party payment channels if available.
  3. Buy Cratos (CRTS):

  • In the Buy & Sell section, click Buy and select Cratos (CRTS) as the cryptocurrency you want to purchase.
  • Choose from various order types such as Market Order, Stop Order, Limit Order, or TWAP Order depending on your trading strategy.
  1. Transfer CRTS to your wallet:
    • Once purchased, you can hold the tokens in your exchange account or transfer them to your personal cryptocurrency wallet.
    • Consider using a wallet like Metamask, which supports millions of assets and blockchains.

Cratos (CRTS) is available for trading on several exchanges including Bithumb, HTX, Gate.io, MEXC, GOPAX, BitMart, PROBIT GLOBAL, Pancake Swap, and UniSwap.

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History of Cratos

Cratos (CRTS) is a cryptocurrency designed to facilitate citizen participation in the CRATOS mobile app, a real-time live vote platform. The app allows users to generate vote topics, participate in votes, and leave comments, earning Cratos tokens based on their activities. The token is ERC-20 based and can be earned through various activities on the app, including registration, vote generation, vote participation, and vote commentation.

Cratos has been available for use on the CRATOS app, which has a significant user base with over 280,000 downloads and 88,000 users. The app itself has a strong connection to the active user base, making Cratos a practical cryptocurrency with real-world usage.

The token's history includes a planned Initial Exchange Offering (IEO) in 2021 Q3, although it has never been on ICO sale or any other kind of sales. The reward for participants in the app decreases over time, encouraging users to start earning tokens early.

Cratos has been tracked by various cryptocurrency platforms, providing real-time price updates, market capitalization, and trading volumes. The token's price has fluctuated, with predictions suggesting both increases and decreases in value over time.

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How Cratos works

Cratos (CRTS) is a decentralized cryptocurrency that operates on blockchain technology. This technology allows for peer-to-peer transactions without the need for intermediaries, enhancing security, privacy, and efficiency. The platform uses a consensus mechanism known as Proof of Stake, where users can validate transactions and secure the network by staking their tokens. This process ensures the integrity and reliability of the network.

Cratos also supports smart contracts and decentralized applications, which can be used across various industries such as finance, supply chain management, and healthcare. These features enable a wide range of use cases, making Cratos a versatile and powerful tool for conducting transactions and executing smart contracts.

In addition to its core functionality, Cratos is also integrated with a real-time voting platform. This platform allows users to generate vote topics, participate in votes, and earn Cratos tokens based on their activities. The demographic data from these votes is displayed immediately, providing valuable insights into public opinion.

Overall, Cratos combines advanced blockchain technology with a democratic information-sharing approach, enhancing user privacy and security while fostering a more balanced and open platform for public discourse and decision-making.

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Cratos's strengths

The token Cratos (CRTS) has several strengths that contribute to its potential success and value:

  1. Real-Time Voting Platform: Cratos is built on a real-time voting platform that utilizes blockchain technology to enhance democratic participation in digital spaces. This platform facilitates transparent and engaged interactions among users, making it a versatile tool for various applications.

  2. Vote-to-Earn (V2E) Model: The CRTS token is integral to the V2E model, which incentivizes active participation within the Cratos app. This model rewards users with CRTS tokens for their engagement, fostering a community-driven ecosystem.

  3. Limited Token Supply: The maximum supply of CRTS tokens is capped at 100 billion units, which helps maintain a balance between supply and demand. This limited supply can contribute to the token's value and stability.

  1. Decentralized Governance: Cratos aims to implement a decentralized governance model, allowing token holders to participate actively in the project's governance. This shift promotes transparency and aligns with the decentralized ethos of the blockchain space, ensuring that the platform remains responsive to its users' needs.

  2. Practical Usage: The Cratos app has a significant user base, with over 280,000 downloads and 88,000 active users. This practical usage and connection to an existing app make CRTS more useful and valuable compared to other cryptocurrencies with limited real-world applications.

  3. Token Allocation: The token allocation is well-structured, with 36% reserved for user rewards, 20% for ecosystem development, and 13% for marketing efforts. This allocation ensures that the token is utilized effectively to drive growth and engagement within the Cratos ecosystem.

These strengths collectively contribute to the potential growth and success of the Cratos (CRTS) token.

Cratos's risks

Cratos (CRTS) is considered a relatively high-risk investment due to its current risk score. This assessment is based on factors such as price volatility and volume, indicating that investors should be cautious and consider the potential risks involved in investing in this cryptocurrency.

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Did Cratos raise funds?

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Cratos's ecosystem

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Cratos’s team

  • Founder and President: Sangheoun Noh, who has extensive experience in investment and business administration.
  • CEO: David Kang, an expert in startup acceleration and cryptocurrency.
  • Other Team Members: The team includes developers, designers, and other professionals working on the Cratos app and its blockchain-based projects.

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The fundamental analysis assistant for crypto value investors.

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