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Crystal Token: The Evolutionary Multi-Utility Token

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Crystal Token

Next year, cryptocurrency will celebrate its 10thanniversary, since Bitcoin, the pioneer of virtual money, was first introduced to the world in 2009. After which, during the past decade, the digital currency industry has simply skyrocketed.

Through the past years, both, private and corporate investors, have come to realize that traditional monetary systems are becoming increasingly outdated; and, that digital currency is the modern solution suited to the requirements of our Digital Age.

More and more industries and institutions around the globe are in the process of incorporating crypto solutions, e.g. blockchain, on their platforms. In the meanwhile, regulators & governments across the planet are busy with establishing the frameworks to accommodate the new currency era.

The result of all the aforementioned activity is that today, the crypto market is valued at way over $300 billion. And, from what started as a single innovation at the beginning of this decade, currently, there are more than 1,600 different cryptocurrencies to choose from.

However, most of the available crypto coins & tokens aim to address singular use cases. Also, they do not include an investment option, with the opportunity to earn passive income.

Enters Crystal Token, an evolutionary multi-utility token. Please continue reading to see how Crystal Token provides a solid and constant passive income to its users; while, it also allows them to use the currency for multiple, everyday purposes.

And, how you can become the owner of Crystal Token’s CYL token today.

Crystal Token – the smart way to earn passive income & make convenient crypto payments

The owners of Crystal Token’s CYL crypto token may participate in various, smart investment plans, based on its unique Virtual Staking Concept.

Crystal Token offers different types of investment plans to choose from:

  • Full-Benefits Plans, which pay up to 2% interest daily.
  • Short-Term Plans, which pay up to 1% interest daily.

Please learn more about all of the available investment plans on the Crystal Token website.

The core function of the Crystal Token platform is the trading of cryptocurrencies, on different exchanges, by means of an automated, multi-currency trading bot, driven by Artificial Intelligence (AI) and Machine Learning techniques.

More information on the Innovative Trading Bot and the Trading Bot Specifications & Strategy is available online. Also, in Crystal Token’s whitepaper.

In addition to the trading services and virtual staking options discussed above, Crystal Token’s multi-functional platform further offers several other features.

The Crystal Token website and media platforms host Advertising Campaigns, where advertisers pay in CYL tokens.

Moreover, the platform will also offer exciting Gaming & Betting games, in which participants can gain entry by means of the CYL token and earn prizes in the same way.

The Crystal Token platform will further facilitate the Pooling of users’ resources, where such pools will endeavor to achieve the desired outcomes of the participating pool members.

One of the upcoming services will allow users to buy & sell goods and services on the platform Marketplaces, by means of the CYL token. And, by using a CYL debit card, in the future.

Further information on the functionality, features & benefits of Crystal Token’s multipurpose platform is available on the website. Also, in its whitepaper and under Frequent Asked Questions.

The CYL Token & Initial Coin Offering (ICO)

CYL is the official currency of the Crystal Token platform and is required for all transactions where the exchanging of value occurs; such as participating in investments, or other platform activities, e.g. advertising, marketplaces and gaming & betting.

You may learn more about how to Buy CYL Tokens and also Register on the Crystal Token website.

The ICO is structured in three Stages and a Final Sale. Each Stage is divided into Batches, with an incremental price. Stage 1 of the Crystal Token ICO is currently underway.

Stage 1 is divided into 5 Batches, in which the price will be increased from an initial rate of 1 CYL = 0.001 ETH to 1 CYL = 0.0014 ETH. Further detail is outlined in the infographic directly above.

More information on Crystal Token’s Initial Coin Offering and CYL Token Specifications is also available in the whitepaper.

Milestones & Roadmap

The exciting journey of Crystal Token started in 2017. While certain milestones have already been achieved, many more have been listed for the future; which, can be viewed on the Roadmap that is included in the whitepaper.

Conclusion

It is clear from the beehive of crypto & blockchain activity around the globe that mankind is on the eve of the mass adoption of digital currencies, to substitute the traditional money formats, which have become largely outdated in our modern times and, therefore, not answering to the needs of the Digital Age.

Crystal Token has arrived to provide both, a great, every-day, crypto payment solution; and, also a unique investment opportunity, where CYL owners can earn competitive returns as a passive income.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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