Interview with CryptoFlow Team
CryptoShib has listed blockchain project CryptoFlow and now would like to get more insights about this project from their team members. Publishing interview with project creators.
(CS) Your project description in one-two sentences.
Cryptoflow was created to provide a simpler service for people to exchange their Fiat into Crypto within minutes and for the lowest fees available. The Fear Of Missing Out (FOMO) currently creates issues for people wanting to get their money into Crypto quickly as bank transfers can take anything up to 3-5 days and some of the existing services can charge up to as much as 10% for instant transfers. CryptoFlow solves all these issues in one go.
In addition in relation to the CryptoFlow coin itself CFL we will be running a lucrative Loyalty Program for those wishing to run Masternodes of CFL which will be based on transfers relating to the Platform and will provide an additional source of passive income on a monthly basis on top of current rewards.
(CS) Your short story – how did you come up with the idea of this project?
The story of how CryptoFlow came about was actually quite simple and short. I got caught up buying into The Fear Of Missing Out over a year ago and decided to use Changely. I was looking to exchange €3000.00 and the thought of having to pay €300 which was 10% in fees on that amount seemed like madness so that’s how I got thinking of a better solution for everyone.
(CS) What is the most unique thing about your project if you compare with similar projects around? Payment coins and platforms are many, in an all kind of stages. What is really different or unique if we look to CryptoFlow project?
Payment Coins and Payment Platforms are indeed plentiful however none over as low fee’s as used for the equivalent transfer time. Not only that as we have a Coin behind the platform we are aiming to have CFL on many exchanges at which point we will be able to offer 0% transfer fees from Fiat to CFL.
(CS) As far as I understand – your project has a working platform already. Who can register and start to use your services – any person or only UK citizens and residents?
Yes, the platform is now live from 9am-8pm GMT currently on weekdays and weekend times are yet to be confirmed.
It is currently available for UK citizens and residents or anyone that currently owns a UK Bank Account. However, we will be announcing an option for people outside of the UK over the coming weeks.
(CS) Main benefits of your project in a few bullet points
Fiat to Crypto transfers in minutes
2% Fee’s available on BTC and 100+ Altcoins
0% Fee’s on transfers to CFL once introduced to the platform
Masternode and POS coin
Generous Loyalty program for Masternode Holders
Crypto – Fiat Withdrawals will be the next product we are introducing to the platform
(CS) Why do you think that your project will succeed and will be a winner in a competition with other projects?
Before we even launched the public’s response was very much similar to ours with regards the reason we first came up with the company. The need for a low fee’s solution to help people access Crypto seemed to be highly needed.
However, in addition to that, we expect to have a long following an interest in the CFL coin with a rewards payout structure across 25 years and monthly Masternode Loyalty Payouts.
(CS) What is a guarantee of the stability of your project – are you legally registered entity or project under some company? Or what another guarantee you can give to those who would like to use your services, buy your coins?
We are a fully registered company in the UK and all details are available on our Discord Channel but in addition to that, both directors have made themselves publicly known not only on our White Paper but also on KYD.
(CS) How did you find your team members of the project?
Myself and my business partner have two other companies together so have known each other for a long time. In addition to that, we have a number of employees who are familiar with the Crypto Space and were interested to join in on the new venture. We feel it is always best to have people working in a business that wants to be there enjoying what they do.
(CS) What future perspective of your project you see in 5 years? Where will be your project then?
Fiat to Crypto Deposits is the first in a huge list of products CryptoFlow aim to bring out however due to Financial products not been patentable we cannot disclose more until such time as their release. That said we can disclose that Crypto to Fiat withdrawals is the next step for the business.
(CS) Where to get to know current news and trustable information about your project?
Discord and Twitter are the main sources of information you can trust that comes from us. We are currently increasing our Facebook awareness so that will soon become another we relevant avenue.
CS – CryptoShib
Answers – Bar Doyle in Discord from CryptoFlow
8th of November 2018
