Why Crystal Token is Better Than Other Altcoins

| Updated
by Polina Chernykh · 3 min read

With the novel concept of Virtual Staking and different investment plans, the new platform will meet the needs of all investors who want a constant passive income.

Crystal Token is a revolutionary multi-utility cryptocurrency token powered by the blockchain technology.  Its multifunctional platform is a one-stop destination offering a range of different crypto services.

With more than 1,600 cryptocurrencies available in a market worth over $300 billion, it’s not always easy to choose. Using Crystal Token, people will be able to make everyday payments, obtain regular income and have fun at the same time.

As a multi-purpose utility token, Crystal Token will provide several features, all rolled into one, revolutionary offering. The platform is based on CYL tokens that can be used for automated cryptocurrency trading, online purchases, betting and gaming, and other platform’s activities.

Key Features

By offering a selection of games, the platform will stimulate the creativity and the engagement between its users.  The popular Crystal Slot has been introduced recently and is already highly appreciated by community members.  Besides, CYL owners can win exciting prizes and extra spins in the regular free spins contests. According to the startup, more games are in the process of development and will follow soon.

The platform has integrated its own Crystal Advertising feature for to allow users draw attention to their projects or a product directly on the platform. Participants will be able to advertise on Crystal Token’s “Featured Projects” section and in its Telegram groups using CYL tokens.

CYL token holders can participate in several, lucrative investment plans on the Crystal Token platform via its Virtual Staking Concept; thereby, securing a steady, passive income, while their money works hard for them, exploiting automated trading activities.

Investors may choose from two types of investment plans:

  • Full-Benefit Plans – receive interest of up to 2% interest daily.
  • Short-Term Plans – receive interest of up to 1% interest daily.

Participants may convert their daily interest in CYL tokens or Ethereum (ETH), which are transferred directly into their accounts on the Crystal Token platform.

Crystal Token’s core activity is the trading of cryptocurrencies on different exchanges, taking full advantage of the cyclical nature of the market for the benefit of its CYL token holders. Crypto trading is done by means of an automated, multi-currency trading bot, based on Artificial Intelligence (AI) and Machine Learning techniques.

Future development plans include a fully-fledged marketplace that will allow Crystal Token community members to buy and sell a wide variety of products, goods & services on the network via the CYL currency.

In the long term, the team is also planning to integrate a CYL debit card that would let users to spend tokens in offline shops. Community members will further enjoy a “pooling” feature on the platform, whereby participants can combine their CYL resources to reach common objectives.

Initial Coin Offering (ICO) Details

The Crystal Token’s ICO, which is already underway, is structured in three stages and a final sale. Each Stage is divided into batches, with an incremental price. A total of seven million will be distributed during an ICO. Each day, between 5,000 and 50,000 tokens will be made available for sale and all the unsold tokens will be burnt. Contributions are accepted in Bitcoin (BTC) or Ether (ETH). The token sale will continue until the end of August, 2018.

Conclusion

Most cryptocurrencies are designed for single-use only, but Crystal Token offers much more. Not only does it offer multipurpose functionality to its holders, but also a great opportunity to earn passive income at the same time. In the vast, global market with countless options, Crystal Token is a good choice to make.

Altcoin News, Cryptocurrency News, News