Cryptics

Cryptics – the world's first public crypto analytics based on AI. Our goal is to increase safety and reliability of cryptocurrency markets. Join our presale to get the bonuses!

About Cryptics

CRYPTICS aims to increase the diversification and healthy competition as well as safety and reliability of crypto-markets, by providing transparency and understanding of inner mechanics to investors and traders, and a platform that connects them to each other and to the science community. Miners will be able to use the platform to decide on which cryptoassets to focus their resources, while traders will be able to provide services to the community, and investors will benefit from tools for short-term and mid-term investment options. The platform will include a forecasting engine, auto-trading engine, fund infrastructure, and integration with research and academic community.
Competitors: Genesis, Tokenbox, Coindash, AICOIN, Cindicator, NumerAI, ICONOMI, Engima:Catalyst
Uniqueness/Advantages to competition: Will rely on AI-forecasting software.

Token Sale Use of Blockchain

Product

2.4
Product
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

2.0
N/A
2 - Meh, okay.
Target User Base

Is it mass market or niche?

2.0
N/A
2 - Small audience / niche market.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3.0
N/A
3 - Some normal competition.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

2.0
N/A
2 - Some, but nothing outstanding.

Product

CRYPTICS is meant to be a blockchain-based ecosystem for cryptocurrency market data. There is currently a publicly accessible github repository for the project and a MVP is available for testing on the website. The AI integration, beta dev/testing, and full platform launch are planned for after the ICO (see Roadmap).

There is appeal to the CRYPTICS product, given the increasing demand for analytical services for the cryptocurrency marketplace, however the platform is bolding claiming has a “Deep Learning AI predicts the cryptocurrency rates with 70%+ accuracy”, which the crypto marketplace has seen many fradualent claims as to trading-predictors or trading “bots”. A unique aspect of CRYPTICS that creates appeal against competitions is “The unique feature CRYPTICS will provide [which] is a set of reliable forecasts developed by CRYPTICS team of data scientists… Besides relying on quantitative market data for forecasts, CRYPTICS also uses non-quantitative data from selected lists of news sources and social networks accounts to estimate the market sentiment…”

The potential / target user-base is currently very small since the CRYPTICS platform provides a service that is only for cryptocurrency traders, which is only a portion of the cryptocurrency market which itself involves less than 5% of the globabl population therefore the potential user-base will grow with cryptocurrency adoption in the general population.

There is currently some normal competition in the sector of decentralized analytical services for the cryptocurrency marketplace and blockchain competition will stiffen over time as cryptocurrency adoption continues.
Competitors: Genesis, Tokenbox, Coindash, AICOIN, Cindicator, NumerAI, ICONOMI, Engima:Catalyst

Product Whitepaper

Use of Blockchain

2.0
Use of Blockchain
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

2.0
N/A
2 - Some smart contract functionality.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

2.0
N/A
2 - Some, but not much.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

2.0
N/A
2 - Some, mainly network effect.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

2.0
N/A
2 - Centralized with some plans to decentralize.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

2.0
N/A
2 - Meh, okay.

Use of Blockchain

CRYPTICS is creating a platform for cryptocurrency market analytics, forecasting, and fund management.
The CRYPTICS token is ERC-20 standard and is the main utility for access to the platform and for using the platform features of analytics, forecasting, and fund infrastructure. CRYPTICS tokens will be used to acquire platform products and services (i.e. forecasts) and to access private funds on the platform (via smart-contracts). Tokens will also be distributed as rewards for research and development and distribution of information.

Use of Blockchain Roadmap

Whitepaper

3.4
Whitepaper
Comprehensiveness

Does it cover the full scope of the problem and solution?

3.0
N/A
3 - Covers most key issues; a few holes.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

3.0
N/A
3 - Basic honesty with some hype.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

3.0
N/A
3 - More information required.

Whitepaper

The whitepaper is informative and provides a balanced mixture of media and textual explanation. The whitepaper is 25 pages long and is overall readable and understandable. The whitepaper includes the following sections: Motivation, Concept, Financial Structure, Platform Model, Analysis of Competitors, Roadmap, Team, and Legal Disclaimer. The business plan behind Cryptics is detailed and concisely explained including textual and graphical explanations. The technology presentation warrants a more detailed explanation of the connection between the blockchain technology and the Deep Learning AI oracle technology, as well as the technology behind the platform in general. References are not provided.

Whitepaper Compliance

Roadmap

2.6
Roadmap
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

2.0
N/A
2 - Vague, noncommittal.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

3.0
N/A
3 - Optimistic.
Vision

Is there a larger, long-term vision?

2.0
N/A
2 - Riding the current wave.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

2.0
N/A
2 - Critical obstacles ahead.

Roadmap

A vague project roadmap is given with milestones presented on a yearly basis. Obstacles lie ahead as team expansion, AI platform development/deployment, and final platform release will occur after the ICO. The roadmap provides major milestones and no descriptions of the intermediate steps required to complete each milestone.

Platform Roadmap:
2016 Concept and Research
– Concept development / Market research / Feasibility analysis
2017 Minimum Viable Product
– Core team hiring / Development and testing of the mathematical models / Quantitative and non-quantitative data collection / First forecasts based on ML&DL / Introduction of MVP
2018 Crowd-Sourcing and Production
– Crowd-sourcing campaign / Further expansion of the team / AI development for forecast improvements / Marketing activities all over the world
2019 Automatization and Decentralization
– Trade bot integration / Development of the decentralized funds infrastructure / Automatic portfolio management based on KPI forecasts / Introducing real-time signals from the media / Launch of the decentralized funds

Roadmap Company and Team

Compliance

2.4
Compliance
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

3.0
N/A
3 - Limited or uncertain use cases.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

2.0
N/A
2 - Minimal, superficial or hackneyed.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

2.0
N/A
2 - Insufficient or unprofessional.

Compliance

The holders of CRYPTICS tokens will be able to use the CRYPTICS platform’s three major features: analytics, forecasting, and fund infrastructure.
The token smart-contract code is not publicly available, although there is a publicly accessible github repository, as well as an MVP available for testing.

Compliance is breifly addressed with a registration whitelisting process, however one must only claim that that they are in compliance with the laws of their nation by particpating in the ICO and by participating in the ICO one automatically agrees to the terms and conditions of sale. The legal review and terms and conditions of the sale aim to absolve the company of any liability regarding the ICO and any problems that may occur, and provide a general statment that the tokens are not to be deemed a security.

Compliance Token Sale

Company and Team

3.0
Company and Team
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

3.0
N/A
3 - Company structure in place.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

3.0
N/A
3 - Minimally sufficient.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

3.0
N/A
3 - Mostly assembled and committed.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

3.0
N/A
3 - Correlated to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

3.0
N/A
3 - Somewhat uncertain, probably okay.

Company and Team

CRYPTICS has an established team with 12 employees and 5 advisors.
The core team has experience in marketing, IT/Telecom consultation, quantitative strategy, scientific research, finance/business analysis, AI engineering, algorithmic development, and fund infrastructure managment.
The advisors have experience in blockchain development/research, real-estate investing, blockchain startup investing, ICO advising, tech development, business strategy, capital managment and investments.
Most of the core team has verifiable work experience credentials via LinkedIn profiles, though some profiles provide little information. Some members of the team appear to be dedicated to other projects outside of CRYPTICS.
Positives: The core team is well rounded and some advisors have previous experience with cryptocurrency/blockchain/smart-contract projects.
Negatives: Not all members may be fully dedicated to the project and there is currently not an indentified blockchain developer on the team.

Company and Team Product

Token Sale

2.2
Token Sale
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

2.0
N/A
2 - Somewhat greedy or unrelated to plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

1.0
N/A
1 - None or nonsensical.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

3.0
N/A
3 - Rough estimates, but sensible.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

3.0
N/A
3 - Sufficient company/community interest balance.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

2.0
N/A
2 - Minor exposure and interest, or ambivalent reception.

Token Sale

CRYPTICS Token
Total supply: 1 billion CRYPTICS
Token Price: 1 CRYPTIC = 0.001 ETH
Hard Cap: 66 million CRYPTICS
Min Cap: n/a (“Any amount raised will directed at product development.”)

Token Allocation
66% ICO
31% Founders, Advisors, & Partners
03% Bounty

ICO Proceeds Distribution
50% Product Development
25% Marketing, sales, partnership
20% Management, employee salaries
05% Legal expenses

Social Media Presence & Following
There is little community engagment and reception.

Product

CRYPTICS is meant to be a blockchain-based ecosystem for cryptocurrency market data. There is currently a publicly accessible github repository for the project and a MVP is available for testing on the website. The AI integration, beta dev/testing, and full platform launch are planned for after the ICO (see Roadmap).

There is appeal to the CRYPTICS product, given the increasing demand for analytical services for the cryptocurrency marketplace, however the platform is bolding claiming has a “Deep Learning AI predicts the cryptocurrency rates with 70%+ accuracy”, which the crypto marketplace has seen many fradualent claims as to trading-predictors or trading “bots”. A unique aspect of CRYPTICS that creates appeal against competitions is “The unique feature CRYPTICS will provide [which] is a set of reliable forecasts developed by CRYPTICS team of data scientists… Besides relying on quantitative market data for forecasts, CRYPTICS also uses non-quantitative data from selected lists of news sources and social networks accounts to estimate the market sentiment…”

The potential / target user-base is currently very small since the CRYPTICS platform provides a service that is only for cryptocurrency traders, which is only a portion of the cryptocurrency market which itself involves less than 5% of the globabl population therefore the potential user-base will grow with cryptocurrency adoption in the general population.

There is currently some normal competition in the sector of decentralized analytical services for the cryptocurrency marketplace and blockchain competition will stiffen over time as cryptocurrency adoption continues.
Competitors: Genesis, Tokenbox, Coindash, AICOIN, Cindicator, NumerAI, ICONOMI, Engima:Catalyst

Category Breakdown
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

2.0
N/A
2 - Meh, okay.
Target User Base

Is it mass market or niche?

2.0
N/A
2 - Small audience / niche market.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3.0
N/A
3 - Some normal competition.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

2.0
N/A
2 - Some, but nothing outstanding.
Product Score:
2.4

Use of Blockchain

CRYPTICS is creating a platform for cryptocurrency market analytics, forecasting, and fund management.
The CRYPTICS token is ERC-20 standard and is the main utility for access to the platform and for using the platform features of analytics, forecasting, and fund infrastructure. CRYPTICS tokens will be used to acquire platform products and services (i.e. forecasts) and to access private funds on the platform (via smart-contracts). Tokens will also be distributed as rewards for research and development and distribution of information.

Category Breakdown
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

2.0
N/A
2 - Some smart contract functionality.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

2.0
N/A
2 - Some, but not much.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

2.0
N/A
2 - Some, mainly network effect.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

2.0
N/A
2 - Centralized with some plans to decentralize.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

2.0
N/A
2 - Meh, okay.
Use of Blockchain Score:
2.0

Whitepaper

The whitepaper is informative and provides a balanced mixture of media and textual explanation. The whitepaper is 25 pages long and is overall readable and understandable. The whitepaper includes the following sections: Motivation, Concept, Financial Structure, Platform Model, Analysis of Competitors, Roadmap, Team, and Legal Disclaimer. The business plan behind Cryptics is detailed and concisely explained including textual and graphical explanations. The technology presentation warrants a more detailed explanation of the connection between the blockchain technology and the Deep Learning AI oracle technology, as well as the technology behind the platform in general. References are not provided.

Category Breakdown
Comprehensiveness

Does it cover the full scope of the problem and solution?

3.0
N/A
3 - Covers most key issues; a few holes.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

3.0
N/A
3 - Basic honesty with some hype.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

3.0
N/A
3 - More information required.
Whitepaper Score:
3.4

Roadmap

A vague project roadmap is given with milestones presented on a yearly basis. Obstacles lie ahead as team expansion, AI platform development/deployment, and final platform release will occur after the ICO. The roadmap provides major milestones and no descriptions of the intermediate steps required to complete each milestone.

Platform Roadmap:
2016 Concept and Research
– Concept development / Market research / Feasibility analysis
2017 Minimum Viable Product
– Core team hiring / Development and testing of the mathematical models / Quantitative and non-quantitative data collection / First forecasts based on ML&DL / Introduction of MVP
2018 Crowd-Sourcing and Production
– Crowd-sourcing campaign / Further expansion of the team / AI development for forecast improvements / Marketing activities all over the world
2019 Automatization and Decentralization
– Trade bot integration / Development of the decentralized funds infrastructure / Automatic portfolio management based on KPI forecasts / Introducing real-time signals from the media / Launch of the decentralized funds

Category Breakdown
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

2.0
N/A
2 - Vague, noncommittal.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

3.0
N/A
3 - Optimistic.
Vision

Is there a larger, long-term vision?

2.0
N/A
2 - Riding the current wave.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

2.0
N/A
2 - Critical obstacles ahead.
Roadmap Score:
2.6

Compliance

The holders of CRYPTICS tokens will be able to use the CRYPTICS platform’s three major features: analytics, forecasting, and fund infrastructure.
The token smart-contract code is not publicly available, although there is a publicly accessible github repository, as well as an MVP available for testing.

Compliance is breifly addressed with a registration whitelisting process, however one must only claim that that they are in compliance with the laws of their nation by particpating in the ICO and by participating in the ICO one automatically agrees to the terms and conditions of sale. The legal review and terms and conditions of the sale aim to absolve the company of any liability regarding the ICO and any problems that may occur, and provide a general statment that the tokens are not to be deemed a security.

Category Breakdown
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

3.0
N/A
3 - Limited or uncertain use cases.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

2.0
N/A
2 - Minimal, superficial or hackneyed.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

2.0
N/A
2 - Insufficient or unprofessional.
Compliance Score:
2.4

Company and Team

CRYPTICS has an established team with 12 employees and 5 advisors.
The core team has experience in marketing, IT/Telecom consultation, quantitative strategy, scientific research, finance/business analysis, AI engineering, algorithmic development, and fund infrastructure managment.
The advisors have experience in blockchain development/research, real-estate investing, blockchain startup investing, ICO advising, tech development, business strategy, capital managment and investments.
Most of the core team has verifiable work experience credentials via LinkedIn profiles, though some profiles provide little information. Some members of the team appear to be dedicated to other projects outside of CRYPTICS.
Positives: The core team is well rounded and some advisors have previous experience with cryptocurrency/blockchain/smart-contract projects.
Negatives: Not all members may be fully dedicated to the project and there is currently not an indentified blockchain developer on the team.

Category Breakdown
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

3.0
N/A
3 - Company structure in place.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

3.0
N/A
3 - Minimally sufficient.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

3.0
N/A
3 - Mostly assembled and committed.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

3.0
N/A
3 - Correlated to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

3.0
N/A
3 - Somewhat uncertain, probably okay.
Company and Team Score:
3.0

Token Sale

CRYPTICS Token
Total supply: 1 billion CRYPTICS
Token Price: 1 CRYPTIC = 0.001 ETH
Hard Cap: 66 million CRYPTICS
Min Cap: n/a (“Any amount raised will directed at product development.”)

Token Allocation
66% ICO
31% Founders, Advisors, & Partners
03% Bounty

ICO Proceeds Distribution
50% Product Development
25% Marketing, sales, partnership
20% Management, employee salaries
05% Legal expenses

Social Media Presence & Following
There is little community engagment and reception.

Category Breakdown
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

2.0
N/A
2 - Somewhat greedy or unrelated to plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

1.0
N/A
1 - None or nonsensical.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

3.0
N/A
3 - Rough estimates, but sensible.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

3.0
N/A
3 - Sufficient company/community interest balance.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

2.0
N/A
2 - Minor exposure and interest, or ambivalent reception.
Token Sale Score:
2.2

Use this code to share the ratings on your website