Free TON

Crypterium partnership proposal to Free TON

ABOUT

Crypterium is a global fintech startup bringing transparency and efficiency to everyday digital asset finances. In 2017 we embarked on a mission to make digital currencies as easy to use as cash. Today, more than 750,000 people worldwide rely on Crypterium Wallet and Crypterium Card to connect their digital assets with traditional finance.

Awarded by KPMG and H2 Ventures, Crypterium Wallet is a one-stop solution designed to simplify digital assets management. From buying to earning interest, you can do it all from an easy-to-use, highly secure mobile and desktop wallet. Some of our key features include:

  • Send: instant, fee-free international money transfer with just a phone number
  • Buy: purchase your favourite digital assets on the go with your debit/credit card
  • Exchange: access the best rates on the market from a single platform
  • Cash out: withdraw your digital assets to your payment card in minutes, not days
  • Pay: get a sleek, ultra-convenient payment card connected to your Crypterium Wallet
  • Earn: save effortlessly with high-yield savings accounts for digital assets

Crypterium Wallet puts together all the services you need, right where you need them. Our wallet is available in over 180 countries. You can download Crypterium Wallet on iOS and Android devices, or access it with your desktop.

Following our commitment to serving people all over the world, Crypterium launched the company to develop a crypto-to-fiat payment card. The contactless, Crypterium Card VISA gives every digital asset holder the possibility to pay instantly in over 42 million retailers worldwide, and withdraw in ATMs all across the globe.

The Crypterium team is led by former General Manager of Visa Central & Eastern Europe Steven Parker, and C-level executives from global financial institutions, like Renaissance Insurance, London Derivatives Exchange, American Express etc.

OVERVIEW

TON Crystal holders will benefit from essential financial services provided by Crypterium. Integrating TON Crystal tokens to our ecosystem will allow holders to manage their funds effortlessly through the award-winning Crypterium Wallet and Crypterium Card.

  • Adoption of FreeTON for daily services (KPI: Turnover)
  • Attracting new users to the FreeTON ecosystem (KPI: Active Wallets)

Crypterium’s user base growth. Number of registrations from 2019 to 2022.

Totally in terms of the proposal, we request for the integration and marketing activities:

Integration activities

Activity Upfront (TONs) On results (TONs)
1 Integration of TON Crystal with Crypterium Wallet 75 000 75 000
2 Implementation of TON Crystal staking 75 000 75 000
3 Deployment of the special program for users to get a free physical Crypterium Card for TON Crystal holders 15 000 15 000
4 Implementation of TON Crystal referral bonuses 5 000 5 000
5 Inclusion of TON Crystal in crypto portfolios 65 000 65 000
6 Development of co-branded payment card 75 000 75 000
Total 310 000 310 000

Marketing activities

Activity Upfront (TONs) Batch (TONs)
1 Marketing: attraction users into Crypterium Wallet to use TON Crystals 40 000 25 000 TONs for each 25 000 users (Max 1 000 000 TON Crystals )
2 Marketing: additional staking bonuses 45 000 45 000 TONs for each 15 000 users ( Max 405 000 TON Crystals)
Total 85 000 1 405 000

Wallet address

0:97fb5a4b976dfffbbdd72c58c77a6f3b4184c3d9536459528eb1e5db87a2e32f

IMPLEMENTATION STAGES of TON CRYSTAL

1. Integration of TON Crystal with Crypterium Wallet


TON Crystal tokens will be progressively integrated into Crypterium Wallet services. As a starting point, we will connect on-chain deposits and withdrawals, along with off-chain transfers by phone and wallet addresses of other Crypterium Wallet users (commission-free service).

At the moment, Crypterium Wallet works under a custodian model. Adding support for FreeTON blockchain nodes will require the development of specific infrastructure.

In order to allow exchange operations for TON Crystal within Crypterium Wallet, we would need to integrate the exchanges that already support your token. Our cross-pair functionality will provide an instant exchange of TON Crystal against 18+ digital assets listed on Crypterium Wallet (BTC, CRPT, ETH, LTC, USDC, USDT, LINK, MKR, QASH, BAT, ZRX, REP, OMG , BCH, XRP, DAI, EURS, DASH, etc.)

The implementation of exchange operations for TON Crystal will open the doors to crypto-fiat services, including buying crypto with a debit/credit card, withdrawing to bank cards, topping up Crypterium Card VISA, and replenishing mobile phone balance.

Details:

  • Requested amount: 75 000 tokens upfront, 75 000 tokens on results
  • Delivery time: 2 months
  • Workload: 2 senior back-end developers, 3 front-end developers, 1 QA engineer, and 1 product manager.

2. Implementation of TON Crystal staking

At this stage, Crypterium will implement a series of mechanisms meant to stimulate user interaction by delegating TON Crystal staking power in Crypterium. Crypterium will deploy nodes for Free TON network and will act as a validator. In return, users will be eligible to earn staking rewards depending on their amount and retain full ownership of the staked tokens.

Details:

  • Requested amount: 75 000 tokens upfront, 75 000 tokens on results
  • Delivery time: 2 months
  • Workload: 1 senior back-end developer, 3 front-end developers, 1 QA engineer, 1 product manager, and 1 designer.

3. Deployment of the special program for users to get a free physical Crypterium Card for TON Crystal holders

This stage will include the launch of a special promotional program designed to increase long-term holdings of TON Crystal tokens. Users will be able to order a physical Crypterium Card VISA Edition by purchasing and holding 1000 tokens for 12 months.

Details:

  • Requested amount: 15 000 tokens upfront, 15 000 tokens on results
  • Delivery time: 1 month
  • Workload: 1 senior back-end developer, 3 front-end developers, 1 QA engineer, 1 product manager, and 1 designer.

4. Implementation of TON Crystal referral bonuses

As part of our efforts to boost adoption of TON Crystal tokens, we will integrate these tokens to our referral program. Holders will receive TON Crystals by successfully inviting other users.

Details:

  • Requested amount: 5 000 tokens upfront, 5 000 tokens on results
  • Delivery time: 2 weeks
  • Workload: 1 senior back-end developer, 3 front-end developers, 1 QA engineer, 1 product manager, and 1 designer.

5. Inclusion of TON Crystal in crypto portfolios

We will develop and include the tokens as part of our ready-made cryptocurrency portfolios — a service designed to simplify cryptocurrency investments. By adding TON Crystal to these portfolios, every user subscribing to this product will be required to purchase a certain amount of TON Crystals based on a particular ratio.

Details:

  • Requested amount: 65 000 tokens upfront, 65 000 tokens on results
  • Delivery time: 2 months
  • Workload: 1 senior back-end developer, 3 front-end developers, 1 QA engineer, 1 product manager, and 1 designer.

6. Development of co-branded payment card

This stage contemplates the development of a co-branded card with Free TON. The card will be an addition to the already operational Crypterium Card VISA Edition (physical and virtual).

Details:

  • Requested amount: 75 000 tokens upfront, 75 000 tokens on results
  • Delivery time: 6 months
  • Workload: 1 product manager, 1 business development manager, and other senior managers responsible for partnerships and business operations.

The picture shown is for illustration purposes only. An actual card design may vary due to card program enhancements and needs to be approved by a payment system provider.

MARKETING ACTIVITIES:

  1. Welcome bonus for new users who will create a wallet in FreeTon: 1 TON Crystal per user.
  • we require as a first bulk 40 000 TON Crystals for attracting 40 000 users into TON Crystal Wallet, from current Crypterium’s user base.
  • for each next 25 000 users we require 25 000 TON Crystals
  • limit on this activity is new 1 000 000 users and 1 000 000 TON Crystals
  1. Stimulation of up 150 000 TON Crystals holders to maintain network stability by staking in the official DePool smart contract TON Crystal at Crypterium validator nodes.
  • for skating from 100 TON Crystals from 3 months, a user will get 3 TON Crystals bonus.
  • we require 45 000 TON Crystals upfront for attracting 15 000 new staking Users.
  • limit on this activity is 450 000 TON Crystals for 150 000 staking users
32 Likes

Excellent, detailed and well thought through proposal. Thanks to the team, really great job.

11 Likes

Great proposal, very detailed and well prepared.
Two small question:

  • KPI for turnover 7,000,000 EUR Required 200 000 Crystal TONs - what does this mean
  • KPI for users: 191 000 users we require 2,000 000 - did not get the KPI idea and how you get these numbers.
    Thanks in advance.
6 Likes

Thank you, did our best. This proposed partnership is win-win for both projects and their communities :handshake:

7 Likes

Very interesting and definitely will be a huge step for all TON users and Free Ton community. :gem: :rocket: :rocket: :rocket:

7 Likes

Dear community_member, thank you for your comment.
Let me reply to your question:

KPI for users: 191 000 users we require 2,000 000

It means, that for whole period of running (avg 6-8 months) we’ll attract new users through marketing channels and will push them to open TONs Wallet , and these users will do the second KPI:

KPI for turnover 7 mln EUR in TONs, which is internal crypto-crypto and crypto-fiat exchanges with requirement 200k Crystal TONs it means, that for the same period of running we are forecasting this turnover . For that we require additional Crystal TONs for supporting marketing activities, which allow to reach this particular KPI.

4 Likes

I believe that this partnership will be very good for the TON community.

6 Likes

Very good proposal, detailed description and plan. Budget seems good too, hope this partnership will work for mutual benefit of Free TON and Cryptetium.

6 Likes

Amazing news Crypterium is here. The proposal looks very interesting.

4 Likes

Wow. Looks very cool

4 Likes

So where’s the 750k coming from?

1 Like

After going through the proposal I think making a partnership with you will be a great move to take as your proposal seems to be a great one and promises to bring more benefits to the TON community,hopping for good results and can’t wait to exchange free TON within crypterium wallet just on the go…!!!

3 Likes

Thanks for your comment. It means that we have up to 500k downloads on Android. And please don’t forget about iOS and Web versions. Btw, one of our most popular features which is Apple pay is now available only for iOS users. Google pay implementation is planned for Q1 2021 and is expected to bring more users to Android as well

3 Likes

This is a great proposal partnership without the doubt will attract a lot of people to the Free TON community and also for TON will benefit. With more than 750000 people around the world is higher. So you are welcome to the Free TON community and we hope a bright future between you and TON and best success with your Crypterium Wallet and TON.

3 Likes

Thank you. We’re extremely grateful to you. With the support of Free TON community, we will manage to get the spotlight in the world of crypto together

Very good offer, all detailed schedule and budget acceptable

3 Likes

Thank you Amadey, appreciated :wink:

1 Like

This sounds like a plan cool plan but are we established enough for this?
Like for example:

If i swap TON to FIAT in your wallet or back, how will you price the tokens and where does the money come from? Not from public markets because currently this is officially in just one CEX and it’s only for locals to use.

I don’t have data from chatex bot trading / volume action so i don’t have evidence how mature TON markets are but are we ready for this? Price could end up being anything and very volatile after public CEX happens.

So i guess i was just interested that where does the money come from if i swap it trough your wallet. Who are the market makers for it?

2 Likes

Currently, Free TON is listed on a very limited basis. TON is listed on Coineal (only Korean citizens can currently trade TON) and there is also an OTC market facilitated by the Chatex Telegram bot. How do you propose to overcome this limitation? Please keep in mind that the Free TON community does not deal with exchanges and does not get involved in the trading of crystals.

Also, this portion of the proposal is unclear to me. Is this correct: the first 80k users “cost” 4 TONs each, and then the next 10k “cost” 16 TONs each, and then the next 191k cost ~5 TONs each? If this is not correct, can you help me better understand the proposed KPI structure?

Maybe a simple table that breaks down each stage of the collaboration, how many new users are recruited per stage, incentive subtotals per user for each incentive type and total incentives per user (in TONs)? I think something like this would help clarify the proposed incentive structures and also the expected number of new users for each stage. We will also need these to be clear to track the KPIs correctly.

Thank you for the concise, high-quality proposal. It is very much appreciated. Your products and services appear to be very high-quality and I can’t wait to get a TON wallet app and VISA card)

1 Like

Thank you for your question. It’s very important for the token to have liquidity in exchange pairs for being adopted and widely accepted. Until the token is widely listed on other CEX and TON market is mature, we will price the token by ourselves based on the information from OTC market.

2 Likes