CRYPTASSIST: AN OVERVIEW

CRYPTASSIST COIN DETAILS
Name: Cryptassist
Ticker: CTA
Genesis block created: 09-05-2018 GMT 05:04:03 AM
Coin Base Maturity Time: 100
Algorithm: S-Scrypt. Will be converted to a DAG based algorithm.
Website: https://www.cryptassist.io
Forum: Bitcointalk
ICO dates: ICO starting on: 28th June 2018 Ending on: 11th August 2018(or until hardcap reached)
Coins to be sold: 6.75 B CTA*
Cryptassist price: $0.05
Maximum total supply: 10.2 B CTA
Proof-of-Stake Scheme: Proof of stake
Coins to be mined: 200 M CTA
Block reward: 50 CTA
PoS minimum staking age: 30 days
Block PoS Starts: First Block
Block time target: 1 Minute
Diffi culty retarget: 1 block
Minimum transaction fee: 0 to .001
PoS maximum staking age: Infinite
Number of blocks for confirmation: 10

CRYPTASSIST INITIAL COIN OFFERING
Cryptassist provides people both beginners and experts with the required tools and information needed to succeed in the crypto-world. Cryptassist has amazing features for crypto-trading and so also all cryptocurrency related information.
Cryptassist Initial Coin Offering (ICO) details:
*Maximum of 6.75 B CTA sold during ICO and Pre-sale
*25 M CTA coins reserved for bounty program
*1.5 B CTA coins reserved for team, locked for 6 months
*1.725 B CTA coins reserved for Airdrops, exchange listings and promotional activities
*Duration of ICO: June 28th – August 11th 2018
*Ticker: CTA
*Platform: S-Scrypt (Will be converted to a DAG based algorithm)
*Price: $0.05 USD
*Hard Cap: $236.25 M USD
*Soft Cap: $36.98 M USD
Cryptassist will accept contributions in:
*The top 100 cryptocurrencies as listed on CoinMarketCap at 12am CST on the 28th of June, 2018.
*Fiat
*By bank wire or PayPal

CRYPTASSIST DAG BASED ALGORITHM
Direct Acyclic Graph (DAG) is a structure that uses topological ordering i.e. it comes only go from earlier too late. Direct Acyclic Graph (DAG) is often used to solve problems related to data processing, scheduling, data compression and finding the best route in navigation.With DAG, Cryptassist’s block time will be 30 seconds.
Current transaction times are as follows:
*Bitcoin 7 – 8 transactions per second
*Ethereum 20 transactions per second
*IOTA 500 – 800 transactions per second
*Paypal 193 transactions per second
The transaction speed of Cryptassist will be 3,500 TPS

CRYPTASSIST DEFLATION MODEL
Cryptassist’s advanced deflation model Cryptassist’s advanced deflation model creates the potential for a considerable decrease in CTA coins in circulation
As CTA are used to pay for services or products on the Cryptassist platform and these CTA are burned, this reduces the number of CTA available, creating a deflationary effect.
Deflation Model Features:
*CTA used for services will be burned.
*Services will always cost $0.01, irrespective of the price of CTA.

Cryptassist global
vision:

image source: Cryptassist whitepaper pg.5

Cryptassist was designed with the aim of making crypto currency world easy for each and everyone, regardless of being expert or novices in the system. Cryptassist will also benefit everyone on the platform through the use of the Crypto tools which will save their valuable time and unnecessary extra efforts. These features and tools will be listed and explained below;

Cryptassist Debit Card
Cryptassist debit card is one the key features that Cryptassist offers and it will issued too users after passing a KYC procedure. Cryptassit members will have the chance of converting their cryptocurrencies into CTA which will conveniently be converted to fiat and put directly onto an exclusive prepaid Card, this debit card can be used as any other debit card anywhere that Visa and MasterCard are accepted. The card can be used at ATM’s around the world and also can be used for online and offline purchase.

Cryptassist CryptoGo
This is a free augment reality app where users can search, locate and receive tangible rewards. The users will download the app and play for free and also have the opportunity when they are at the nominated locations to locate coins that are airdropped. It is to be added that users also have the option of in-app purcheses to enhance their possibilities of locating coins.
“From time to time Cryptassist will hold Premium Airdrops where top listed coins such as Bitcoin, Ethereum, Litecoin and more will be available to find.”

Cryptassist Cryptstarter
This innovative cryptocurrency crowdfunding feature allows users to raise fund for creative projects and backers can pay with cryptocurrencies without having to turn it into fiat first.Cryptassist will be the escrow between the backer and the creator. Project creators can list projects for the lowest possible fee and it ensures timelines to ensure accountability.

Cryptassist Exchange
Cryptassist will develop its own fully licensed cryptocurrency spot exchange to offer ultimate user-friendly platform to cater to both established traders as well as first time users, with reduced fees for CTA trades, exchange will offer a 50% discount when trading fees are paid with CTA coins.

Multi-Coin Block Explorer 
this features allows the users to eliminate the use of multiple blockchain explorers to search the transaction histories of multiple coins. It enables the users to view transaction histories of the participating coins or token from one platform and also saves time and efforts
ChatPay 
This features allows social messaging and online payment system operating on a decentralized network. It is easy to use by everyone on the platform

Philanthropy Innovation 
Philanthropy innovation is a feature on the platform that  allows the users to donate to non-profit organizations in either fiat or the top 50 cryptocurrencies. Nonprofit organizations (NPOs) and donors will be able to track and validate donations.

Arbitrage Opportunities Alerts 
This allow the  users to receive alerts when selected coins display certain prices on certain exchanges and arbitrage opportunities present themselves. Arbitrage is a way or method used by crypto-traders to take advantage of variances in crypto prices across markets in order to make more profits.

ICO Assistant 
Cryptassist ICO assistant is a feature to assist project founders plan their project and launch an ICO in order to raise capital for a project.

Where To Spend Crypto 
This is a comprehensive database and map displaying where users’ cryptocurrencies can be spent. It provides a searchable maps based on location, services or products. Users can submit suggestions on businesses or websites to be included.

Cryptassist Webshop
Cryptassist webshop is a feature that allows users to find thousands of quality products at very reasonable prices. Users can make purchases with top 50 cryptocurrencies and have them delivered to their doorstep. There is also 24 hours 7 days a week customer support.

Cryptassist Freelancer
Cryptassist freelance service feature forms an integral part of cryptassist platform, linking businesses or individuals to work together as a freelance talent on crypto related projects.

News Updates 
 This provides up to date updates on the latest cryptocurrency news. it personalized real-time crypto related news alerts from leading sources and website. It also updates on upcoming ICO details, blockchain events and reviews.

Cryptassist OTC
Over-The-Counter (OTC) trading platform  allows  users to list and search for low volume cryptocurrencies which can then be sold Over-The-Counter (OTC). Cryptassist OTC ensures the ability to trade large quantities of altcoins between various users.

One Trading Tool 
Crptassist One Trading Tool (OTT) is a feature that will allow users to connect to and trade on over 50 exchanges from a single platform.

Social Media Scanner 
This enable the user to view trending cryptocurrencies and analyze social volume with graphs as related to price of selected cryptocurrencies.

Community Forum 
This is a forum where  users can participate by providing and collecting information and discussing topics related to cryptocurrencies and market as a whole. Searches can also be made either geographically or by language on this platform.

Trading Alerts 
This is useful for all cryptocurrency traders, it allows personalized profile creation and optional trading alerts to meet the traders particular needs. Users can be rest assured that Cryptassist will provide them with real time advanced analytics and information.

Cryptopedia
Cryptoassist offers users  a database of available websites, blogs and forums covering every aspect that is related to cryptocurrencies. Geographical or language searches are made available.

Cryptassist Crypto Compare
This enables users to view and compare crypto trading pairs and see which coins can be swapped for. This shows which trading pairs have the best rates and on which exchange.

Portfolio Visualization and Manager 
This provides a platform where users can view their portfolio in easy to understand and customizable graphics. They will also see the total current value of their total portfolio in real time.

ICOs and Airdrops 
This provides a comprehensive lists and information on upcoming ICOs, Bounty Programs and Airdrops.

Customizable Graphs 
This covers the individual coin and overall market prices and volumes.

Integration 
This provides  a comprehensive view from external websites showing cryptocurrency mining comparisons to Bitcoin, the most popular crypto currency exchanges and crypto currency market cap rankings.

Real-Time Statistics 
 view up-to-date statistics on a user’s preferred coin selection and major exchange markets.

CONCLUSION
Cryptassist is an amazing platform for everyone both experts and novice on crypto world, it provides them with features that will make their trading easy and convenient. However, the Cryptassist mission is to supply everyone with undisrupted access to the world of crypto-assets through an array of essential tools with everything from trading and news alerts, to an OTC exchange and even a debit card. The ultimate set of crypto-related tools all in one easy to use application, no platforms in crypto world has so many features in one platform. Users will be able to use their CTA to access these tools and notifications.

References:
Website: https://www.cryptassist.io
Whitepaper: https://www.cryptassist.io/assets/downloads/whitepaper.pdf
Medium: https://medium.com/@cryptassistcoin

Author: Ajibola S. Olasunbo
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2204644