Crypter Review - The Social Network for Crypto Enthusiasts Everywhere

Sponsored • February 7, 2022

Crypter is a Facebook-like platform that brings together decentralized finance (DeFi) and social media

into one highly-engaging ecosystem. The project seeks to develop into the social network that the

cryptosphere is lacking.



The blockchain evolution has spurred various crypto, and DeFi uses. And each of these applications has

its own community of fans and users. For instance, the cryptosphere consists of yield farmers, crypto

traders, NFT collectors, and more. Unfortunately, the venue that would bring them together is missing.

Here is where Crypter steps in to provide a platform for crypto enthusiasts and beyond. This article

discusses the project, its features, tokenomics, and roadmap.


What is Crypter?


Crypter is a growing ecosystem aiming to provide tools to help with our daily crypto life. The project

takes pride in being the first of its kind to launch an Engage-to Earn reward system with 8% $BUSD

rewards.


This platform looks to attract all crypto lovers, regardless of their reasons for using cryptocurrencies. For

instance, users can share their gains and losses or flex their NFTs. Alternatively, they can create private

groups, engage with friends, and join a larger crypto community.


Soon, Crypter will be more than just a social network. A part of its mission is to deliver the crypto

instruments that users need every day. For example, the ecosystem will host multiple platforms, and it

even commissioned a game, which is currently in development.


Crypter also has a native token, $CRYPT, which users will need to access its products. Furthermore, once

all the platforms are up and running, Crypter will launch an Ad Network. This feature will be similar to

Google Ads and Facebook ads. Most importantly, it will generate income that the platform will redirect

towards rewards and the project’s development funds.


Lastly, Crypter will create a safe environment for its active communities. This way, users will quickly spot

potential scams and rug pulls.


Crypter Features


The Crypter Network will reward all its active participants. For instance, users will get rewards for

posting, liking, sharing, or commenting on content from their profile. Furthermore, they can join the

platform to discuss trading tactics or interact with crypto influencers. Here, newbie traders will meet

veteran crypto users. Above all, Crypter will not harvest their personal data. Instead, it will only keep

track of clicks and impressions.


To achieve its goals, Crypter has several features in the plan, such as:


Chain Quest


Chain Quest is a skill-based fighting game that Crypter has commissioned. Its characters include popular

crypto tokens, such as Shiba Inu, Safemoon, FEG Token, HOGE, DOGE, and Binance Coin. However, users

will need $CRYPT tokens to play the game and unlock avatars. Lastly, the game will bring together

growing crypto communities, such as DeFi and GameFi.


Cryptr.ee


This tool is similar to Linktr.ee and will cater to the crypto community and its developers. Also, it will

enable many upcoming projects to gain visibility and build a following. Above all, Crypter users will

access it for the latest news and info about blockchain ventures, social media, and contest links.


Online Marketplace


Crypter is building an online marketplace where participants can purchase various goods using $CRYPT

or other cryptocurrencies. Also, the platform will integrate Crypter Pay, a payment processor supporting

safe and quick transactions. People will be able to buy physical Crypter merchandise, t-shirts, action

figures, NFTs, and more within this marketplace.


Crypter Wallet


One of the most anticipated Crypter features is the platform’s proprietary wallet. This tool will enable

users to hold, manage, and trade cryptocurrencies from one secure dashboard. Also, the wallet will

include an NFT tracker and a P2P service.


Lastly, Crypter is working on other essential features, including a portfolio tracker, a contest platform,

and a crypto-focused search engine. Most importantly, the project team wants to create an educational

platform to help participants invest safely in digital assets. The Crypter University will feature tutorials

and other learning tools.


Tokenomics


$CRYPT, is a hyper-deflationary token that helps users earn rewards for engaging within the Crypter

ecosystem.


The platform will redistribute 8% of all transactions to the rewards pool and from there among $CRYPT

holders. Another 3% of transactions will go towards marketing and project development. Lastly, the

team will use 4% of the transactions to buy back $CRYPT tokens, which will burn.


Roadmap


Crypter launched in Q3 of 2021, and it has progressed remarkably fast ever since. The project team built

the beta platform, released the Crypter website, and kick-started the marketing campaign. Above all,

the project obtained successful audits from CertiK and Bitrise.


In November 2021, Crypter was a sponsor and exhibitor at the Blockchain Economy Expo in Dubai.

Next, Crypter is looking to launch the first line of merchandise and the demo for the Chain Quest game.

Later, the team will invest all its time and efforts in developing the many platforms in the Crypter

ecosystem.


Final Thoughts


Crypter proposes a unique concept that combines social networking, decentralized finance, gaming, and

more. If the project reaches its ambitious goal, it should represent the go-to venue for crypto

enthusiasts everywhere. We will follow its development closely.


For more information about Crypter, please follow the links below:


| Website | Twitter | Telegram | Medium | Discord| Facebook | Instagram |



Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
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