FREQUENTLY ASKED QUESTIONS (FAQ)
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Hyperlinks to all available social media accounts and web pages
Telegram (rus): https://t.me/cryptics_rus
Reddit: coming soon
LinkedIn: coming soon
Q: What is Cryptics?
A: Cryptics is a platform that unites investors, traders and quantitative researchers in their goal to gain profit from cryptocurrency markets. We also have our own prediction AI which is based on neural network and generates predictions with 64% accuracy.
At CRYPTICS we plan to cover the gap between the knowledge and capital by providing traders with an opportunity to run their strategies on the CRYPTICS platform.
Q: Can you tell more about this prediction model?
CRYPTICS model will generate forecasts for different time periods based on several numerous sources. The outcome will be a predicted probability of the move direction and the expected value of its size, together with the accuracy estimates. The comprehensiveness of the input data and the predictions is one of the main advantages of using CRYPTICS, in contrast to a simple analysis of one or more data sources, or existing information panels. On a cold start we can already guarantee the prediction accuracy of 64% one day ahead, which we are aiming to improve up until 75% for the hot start.
Q: When does ITO start and how long will it last?
A: IТO starts on December 09 and will last until December 23.
Q: Why do you need blockchain?
A: The blockchain Ethereum based technology will allow transparency and high scalability of our platform. The main point for the trust in the private funds infrastructure are the smart-contracts that ensure a full transparency and also as an SLA regulator for our service.
Q: Why do you use ethereum?
A: Ethereum network is the most popular token issuing platform that allows its issuers to use a lot features. Besides upcoming network upgrades will allow to do as many transactions as users may be needed. The smart-contracts allow us to build an fair and transparent fund infrastructure to grow a high number of private funds build on trust.
Q: What is the function of Cryptics (CRP) tokens in the platform?
A: CRP token is used to pay for, forecasts subscriptions and is the only mean of payment in the platform. CRP is the payment for investing in private funds on our platform, as well as get paid for traders for their strategies and investors to get return on investments from the private funds.
Q: Do you have hard or soft cap?
Hard cap = $ 19 200 000 (48 000 000 CRP)
Q: What is the value of 1 CRP?
A: Cost of 1 CRP = $ 0.40= 0,00135 ETH.
Q: How do you plan to spend the budget?
A: We plan to allocate ITO budget as following
Collected funds will be used to develop a self-learning platform based on artificial intelligence, global marketing of the project, the creation of a sales department and contextual advertising. CRYPTICS will start accepting CRP tokens as payment for services in the platform.
Q: Are you going to list CRP? When and where?
A: Listing is essential part of our ITO process and we will announce the exchanges as soon as the info will be available. Stay tuned to our newsletter to get the info updates. We are working already close with the platforms to get listed with common exchanges.
Q: Will tokens be available for pre-sale? How can I join?
PreITO starts on 30 October 2017 with 2 000 000 CRP offered for sale.
– Hard Cap — $ 500.000 (2.000.000 CRP)
Please get whitelisted here: https://cryptics.tech/blog/en/cryptics-whitelist/
We offer 37,5% during pre-sale
Cost of 1 CRP = $ 0.25= 0,000845 ETH.
Minimum deposit is set to 20 ETH
Q: Does your project have an open source code?
A: Yes, parts of the code will be available on GitHub. Please keep in mind that we are an AI based project and we can’t share the whole code because of company interest reasons.
Q: At what development stage are you currently at?
A: We already have historical results and post daily prediction researches in our social media which shows 1 day ahead analysis.
Next step is to create HFT module which will show results 10-15 seconds further. This is will be helpful for intraday traders, scalpers and any person who is seeking a good condition to enter into asset.
We also developed a module to collect all important social and news signals that we can use in our neuronal network, to make the forecasts more valuable and flexible.