The Crypterium project has added another big gun to its arsenal. Experienced digital guru Keith Teare has disclosed that he will offer his know-how to the project as an advisor. The co-founder of TechCrunch has played a central role in the success of a number of technology projects such as Accelerated Digital Ventures, Archimedes Labs, EasyNet, RealNames, Minds and Machines Inc. and many more, making the British citizen a star in Silicon Valley and beyond. Two of his businesses have earned “unicorn” status, a term used for startups that are valued at over $1 billion.
“It is exciting and gratifying to welcome Keith to our team. His industry expertise, creative vision, and strategic acumen will be invaluable assets. He is aware of the quality of our work from his previous contacts with our Co-Founder Vladimir Gorbunov, and we are sure that his guiding hand will help us to fine-tune our product and make it indispensable to our fans.”
The project team pools the talents of finance, fintech, cryptocurrency, banking and strategic development specialists. As stated in the company’s White Paper, the Crypterium crypto-bank will advance new, innovative solutions for the use of cryptocurrencies by individuals for day-to-day purchases, a groundbreaking infrastructure for the acquisition of cryptocurrency by businesses (including the possibility to pay fiat funds to sellers), and will make it easier to receive loans in cryptocurrencies.
“The time is ripe for an accessible crypto banking product to be offered to the market. Crypterium has the solution that eager users and enthusiasts have been waiting for,” stated Keith Teare when asked about the project. “I’m an avid supporter of new projects that aim to revolutionize the market. One of the perks of my position is having the opportunity to assist project leaders and advocates to develop and promote new ideas and products, and watch their dreams materialize.”
The Estonian company Crypterium, which specializes in banking solutions for the crypto-economy and contactless and QR code payment technologies, is commencing its token sale this week. It plans to gather $47 million for the development of its mobile cryptobank.