CRYCASH: When lambo?

CRYCASH
5 min readFeb 16, 2018

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It’s been two weeks after the CRYCASH token sale is over, and we receive a lot of questions about development of our project and plans for the future. First of all we want to thank everyone for support! We’re happy to have gathered such a great community and this makes us confident we’ll succeed.

Holding an ICO is a very responsible and tense time for the team which involves sleepless nights, hard work and deep commitment from every member. Even though our ICO is behind, we realize that it was just the beginning. Our primary goal within this token sale was to distribute CRC to as many people as possible to make CRYCASH a universal token for gamers. With this in mind, we primarily concentrate on developing the technology which would really solve the burning issues of the gaming market, benefit developers and create additional incentives for gamers.

In this post we would like to give you an update about our work and upcoming activities.

Products of the CRYCASH Ecosystem

As you know, CRYCASH Ecosystem will primarily consist of four components, custom-tailored for gamers and developers:

1) Plink application — the unique mix of a social network and messenger for gamers, also described as a ‘crypto Tinder for gamers’ where they will be able to earn CRYCASH tokens for completing game tasks from developers;

2) Advertising Platform for game developers — the groundbreaking solution allowing to reach just the right audience quickly and cost efficiently, dramatically cut user acquisition costs and increase user loyalty;

3) CyberSport and Betting Platform where gamers will be able to organize tournaments or participate in the sponsored battles, bet on esports and events, and win CRYCASH;

4) Marketplace for CRYENGINE community with built-in CRYCASH SDK where users will be able to pay for in-game assets and services with CRYCASH tokens.

CRYCASH token holders already had a chance to test Plink alpha. Within this version, users can already check their CRC balance, see what games their friends are playing, find perfect teammates for cooperative playing, make squad voice calls and chat, read the news feed to see their friends’ achievements and share theirs. In the full version of Plink users will be able to earn CRC tokens for completing game tasks and use it as a wallet. It will be published in the nearest weeks. First regions of availability will be announced additionally.

These days we’re also working hard at integration of CRYCASH into Crytek’s legendary bestseller — Warface, the Turkey server to begin with. This game will become the first to introduce CRC as a payment method and will reward gamers with our cryptocurrency. We’re negotiating with Crytek to expand our cooperation and are in talks with other game developers to achieve our goal of implementation of CRYCASH into 10+ games with over 10M of players in a year.

Events and networking

We have already pitched CRYCASH at D10e ICO pitch competition and became the Revolutionary partner of the World Blockchain and Cryptocurrency summit in Moscow. Now we want to expand our focus and let more developers learn about the benefits of CRYCASH. Right now we’re negotiating to participate in the world’s largest professional game industry event — Game Developers Conference (GDC) which will take place in San Francisco this March. We’ll showcase CRYCASH technologies to the leading game devs from all over the world, and present our revolutionary Advertising Platform there.

Besides, we plan to participate in specialized blockchain events: World Blockchain Summit (Moscow, April 2018) and BlockShow Europe 2018 (Berlin, May 2018).

Cryptocurrency exchanges

This question probably concerns our contributors the most. We understand that it’s important for our token holders to see CRC traded at biggest exchanges as soon as possible. We have numerously stated that we’re committed to getting listed at most leading exchanges eventually and we’re working hard to achieve this. Negotiations about entering a cryptocurrency exchange is a long process: all of them have different requirements, procedures and conditions. Our goal is to settle all arrangements to the best interest of our token holders. CRC is already listed at Livecoin, Yobit, IDEX, with more exchanges to come. Besides that we’re in talks with different crypto aggregators , as well as with Bancor, to be traded there. Follow our announcements to stay tuned!

We get asked a lot about listing at CoinMarketCap and how we’re going to address the fact that there’s already a token named CRC there. First of all, you shouldn’t be worried about the ticker name, CoinMarketCap can list tokens with the same symbols (look up KNC ;)). We’re negotiating about listing CRC there too. By the way, there are quite a few coins in the world with identical symbols so it’s a universal problem. Even Bitcoin Cash has different ticker symbols at two top exchanges.

While we realize that listing at big exchanges is important, we want to stress that our priority is the product and the technology. We believe that the key to success of CRYCASH is following the set roadmap, establishing new partnerships and effective marketing to make CRC a universal token for gamers. This is how everyone will benefit.

BuyBack strategy and roadmap

Once integration of CRYCASH into Warface Turkey is completed, we’ll start our BuyBack program. Here’s a detailed explanation of how it will work. To put in a nutshell, this strategy will result in continuous market demand for CRC tokens, and stimulate its seamless flow within our Ecosystem.

To sum up, here’s our complete roadmap:

• Q1 2018 — Token emission, CRYCASH token listing at exchanges, integration of CRYCASH API into Warface Turkey with more than 5 million gamers

• Q1 2018 — Release of CRYCASH wallet based on Plink application and possibility to complete tasks from game developers to receive rewards for completing game tasks

• Q1 2018 — Start of BuyBack token program

• Q2 2018 — Beta release of the built-in CRYCASH SDK at CRYENGINE Marketplace

• Q3 2018 — Release of the Advertising Platform for game developers

• Q4 2018 — Release of CyberSport Platform, eSports betting and events

• Q1 2019 — CRYCASH API integration into 10+ games with more than 10 million gamers

Stay tuned!

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CRYCASH

CRYCASH is an independent decentralized ecosystem of products for gamers fueled by its own ERC-20 CRC token with confirmed cooperation with Crytek.