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Crypterium
About Crypterium
Crypterium Token (CRPT) is an Ethereum-based ERC-20 token used within the Crypterium platform for transactions. Each transaction burns a portion of CRPT, reducing its total supply over time. Crypterium, co-founded by Vladimir Gorbunov, Gleb Markov, and Steven Parker, is a financial platform integrating a mobile wallet, instant cryptocurrency payments, and an exchange to bridge traditional financial systems and cryptocurrencies.
*Crypterium Token (CRPT)* Crypterium Token (CRPT) is an Ethereum-based ERC-20 utility token. It serves as the primary token within the Crypterium ecosystem and has a key functionality of being burned every time it's used as a fuel for a transaction.
*Crypterium Platform* Crypterium is a financial platform aiming to provide an all-encompassing solution for everyday cryptocurrency spending and management. It integrates features like a mobile wallet, instant cryptocurrency payments, and an integrated exchange, striving to bridge the gap between traditional financial systems and the burgeoning world of cryptocurrencies.
CRPT is primarily used within the Crypterium platform for transactional purposes. For every transaction or payment conducted within the platform, a portion of CRPT is burned, reducing its total supply over time. This model is designed to provide intrinsic value to the token as it becomes scarcer with increasing platform usage.