ICO ETHLYTE CRYPTO
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ETHLYTE CRYPTO project is a unique global mobile dual e-wallet that can be funded by digital assets (ie: Bitcoin, Ethereum, Bitcoin Cash, Steem, EOS, Litecoin and other top cryptocurrencies) with E-Money functionality: Connecting to physical debit cards, Safe storage of cryptocurrencies and Escrow service (plus additional services to be developed).
All conversions from digital assets to fiat will be done in real-time. Moreover, ETHLYTE CRYPTO aims to provide long-term value to all partners, including safe and easy usage to customers, which will be achieved through our superior blockchain technology and partnerships with the best payment system providers and vendors in the industry.
Importantly, there will be no traditional ICO (rather a combination of crowd sale, bounties and competitions). The reason is that we believe that the success of a currency depends on the number of people who own it. This concept is supported by Peter R’s empirical study, which suggests that historical market cap of Bitcoin follows Metcalfe's law: it is related to the square of the number of active users. Hence, this is why we want ETHLYTE CRYPTO tokens to be in the hands of as many people as possible. Importantly, our approach is based on the innovative character and uniqueness of our Team – thus “A Passion to perform” is the way we do business.
ETHLYTE CRYPTO Vision:
ETHLYTE CRYPTO has a simple and pragmatic vision: Helping blockchain technology (Cryptocurrencies) to enter the mainstream (become a household name). We believe that this is the best way to democratize wealth, transparency and freedom.
The native digital cryptographically-secured utility token of Ethlyte Crypto (EtlyteT) is a transferable representation of attributed functions specified in the protocol/code of Ethlyte Crypto, designed to play a major role in the functioning of the ecosystem on Ethlyte Crypto, and intended to be used solely as the primary utility token on the platform. EtlyteT is a utility token based on the Ethereum blockchain which will be issued by Ethlyte Crypto LTD UK (the maximum supply of EtlyteT is 10,000,000)