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CrayCoin

CrayCoin

We’re bridging the gap between crypto and daily spending.

$1,667,500

Amount Reserved

$2M

Funding Goal

$10,000

Minimum Reservation

0

Days Left

Elevator Pitch

CrayCoin is a cryptocurrency whose primary market is not a speculative exchange, but rather one where goods and services offered by 64,000+ retail locations can be purchased using crypto.

KPIs

17 Employees
$1MM Run Rate Transaction Volume

Company Overview

The CrayCoin Project began in February of 2018 and is designed to establish a primary market of goods and services that can be purchased using cryptocurrency.

The majority of cryptocurrencies have value based on a primary, speculative market. Alternatively, CrayCoin, will use a publicly available index based on utility of the token and void of any outside speculation to establish goods and services as its primary market. This index, will of course also be available as a fundamental for investors looking to speculate through an exchange on the secondary exchange market.

CrayCoin will soon be added as a valid form of payment within the CrayPay merchant network which will facilitate the spending of crypto to over 64,000 retail locations, including AMC Theatres, American Eagle, Best Buy, Chili’s, Domino’s, GAP, Lowe’s, Outback Steakhouse, and Sears.


Traction

  • Team grows by 16 - adding additional talent to CrayPay brand - including full-time Blockchain Developer

    April, 2018
  • Expansion of participating locations to include AutoZone, Chipotle, The Home Depot, The Children's Place, Cabela's, and many more

    March, 2018
  • 110th National Brand Approval - American Eagle

    March, 2017
  • Private Beta Launched

    December, 2016
  • Trademark approval

    June, 2016
  • Secured Fixed Rate Processing in 160+ currencies with exclusive partnership

    June, 2016
  • Cray Pay platform receives "Patent Pending" status

    March, 2016
  • First national brand approval and contract

    October, 2015

Pitch Deck

Press Mentions

Key Customers & Partners

AMC Theatres American Eagle Applebee's AutoZone Bass Pro Shops Bed Bath & Beyond Best Buy Buffalo Wild Wings Chili's Chipotle Dell Domino's GameStop GAP Groupon Hotels.com IHOP JCPenney Kmart Lowe's Nike Old Navy Outback Steakhouse Papa Johns Sears Staples The Children's Place The Home Depot Ulta Beauty Village Inn

Testimonials

Mike Keith
Mike Keith
Investor/Advisor
"CrayPay is doing big things. With the ICO and SAFT - it’s going to be doing even bigger things. I see the return potential on CrayCoin to be significantly more substantial."
Cameron Normoyle
Cameron Normoyle
Investor/Advisor
"There are so many ICO’s out there that are loosely tied to their product which tends to introduce more risk. Because CrayPay’s product perfectly fits with the cryptocurrency, I believe some of the risk is mitigated. The product brings relevancy and makes the chances of success pretty high. The value of the ICO drives the value of the equity, not the other way around."

Previous Funding

  • $2,210,000 Convertible Note
  • Raise Source: Friends
  • November 2017

Frequently Asked Questions

Where can I find information on CrayCoin?

Check out: www.craycoin.io for details about the ICO project. Alternatively, the CrayPay app is currently available on iOS and Android within the US and displays the merchant list where CrayPay will facilitate crypto spending at the register. Non US investors can request a merchant list by contacting us directly

How does CrayCoin add value to the CrayPay business model?

CrayCoin adds a further incentive to consumers to make the switch over to mobile payments.

Will non accredited investors be able to invest in the ICO?

The pre-sale is only available to verified accredited US investors and non-US investors. All presale investors must be verified in compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) laws. Accreditation, KYC, and AML verification is all handled through Fund America and affiliated services. We expect to register the tokens under Reg A for the ICO (Public Sale), which allows non-accredited investors to participate.

What percentage of tokens will be sold in the crowd sale?

30% of tokens will be sold in the crowd sale.

What happens to unsold tokens?

Unsold tokens will be added to the CrayCoin Foundation to encourage use of the platform, bring on potential partners, support the token and maintain the rewards pool.

What is the distribution method and hardcap?

Our pre-sale hardcap is $50mln and our ICO hardcap is $50mln. Each pre-sale round is hard capped at $10 million, and once that threshold is met, the sale automatically moves to the next discount round. The total supply of CrayCoin tokens is 10,000,000,000 (10 billion). 30% of tokens will be sold in the crowd sale

Risks & Disclosures

See SAFT agreement and accompanying Private Placement Memorandum (together listed as Basic Term Sheet) for risks and disclosures.

RISK FACTORS

An investment in the SAFT involves a high degree of risk. You should consider carefully the risks described below, together with all of the other information contained in this Memorandum and the SAFT, before making an investment decision. The following risks entail circumstances under which, our business, financial condition, results of operations and prospects could suffer.

Risks associated with an investment in the SAFT

Cray Pay may not fully and/or successfully develop, market and launch Tokens on the CrayPay Platform or enable the use of the Tokens and Investors may not receive Tokens.

Currently, there are 10,000 users who have signed up on to the CrayPay Platform with approximately 50,000 participating national and local merchant locations. However, we have not yet launched Tokens on the CrayPay Platform and Tokens are not currently in use. Following the launch of Tokens, the Company may have to make changes to the specifications of the CrayPay Platform in order to enable retail transactions using Tokens for any number of reasons. It is possible that the Tokens may not ever be released and there may never be an operational Token or that the Platform Launch will not occur. The Tokens, if successfully developed and maintained, may not meet investor expectations at the time of purchase. Furthermore, despite good faith efforts to develop and launch the Tokens, it is still possible that the CrayPay Platform will experience malfunctions or otherwise fail to be adequately developed or maintained, which may negatively impact the the Tokens.

The Company will use the proceeds of this Offering to make significant investments to develop and launch the Tokens and subsequently to build a fulsome network upon which users can realize utility and value of the Tokens. The Company may not have, or may not be able, to obtain the technical skills and expertise needed to successfully develop the Tokens and advance it to a successful Network Launch. While the Company has sought to retain and continue to competitively recruit experts, there is a general scarcity of management, technical, scientific, research and marketing personnel with appropriate training to develop and maintain the CrayPay Platform. If the Company is not successful in its efforts to demonstrate to users the utility and value of the CrayPay Platform and/or the Tokens, there may not be sufficient demand for the Tokens to enable the Company to proceed with the Network Launch. As a result, or if the Platform Launch does not occur, Investors may lose all of their investment. “Network Launch” means the bona fide public launch of the Tokens on the CrayPay Platform as confirmed by the Company.

Investments in startups including Cray Pay involve a high degree of risk. Investments in SAFTs, including the Cray Pay SAFT may involve an even higher degree of risk.

Financial and operating risks confronting startups are significant and Cray Pay is not immune to these. The startup market in which the Company competes is highly competitive and the percentage of companies that survive and prosper is small. Startups often experience unexpected problems in the areas of product development, marketing, financing, and general management, among others, which are frequently not solved. In addition, startups often require substantial amounts of financing, which may not be available through institutional private placements, the public markets or otherwise. If Cray Pay has unsolvable problems that make the Platform Launch infeasible, whether due to an inability to raise financing or otherwise, or if Cray Pay does not survive until the Platform Launch, the value of your SAFT will be materially harmed.

Cray Pay may be forced to cease operations or take actions that result in a Dissolution Event.

It is possible that, due to any number of reasons, including, but not limited to, an unfavorable fluctuation in the value of cryptographic and fiat currencies, the inability by the Company to achieve the Platform Launch or the Tokens’ planned utility, the failure of commercial relationships, or intellectual property ownership challenges, the Company may no longer be viable to operate, and the Company may dissolve or take actions that result in a Dissolution Event.

The SAFTs may not be transferred, and the Tokens issuable upon Platform Launch may not immediately be transferrable under U.S. federal and state securities laws.

The terms of the SAFT prohibit a transfer of any SAFT. As a result, Investors will be required to hold their SAFT until the earlier of the Platform Launch and the delivery of all of the Tokens into which the SAFTs convert, or the termination of the SAFT pursuant to the provisions set forth therein. Also, if the Tokens issuable upon Platform Launch are not registered or qualified with the SEC, certain transfers of the Tokens will be restricted under U.S. federal and state securities laws. Consequently, Investors must be prepared to bear the risk of an investment in the SAFT until the conversion or termination of the SAFT pursuant to the terms set forth therein, and to bear the risk of an investment in the Tokens until they can be transferred under U.S. federal and state securities laws.

The tax treatment of the SAFT, the purchase rights contained therein, and the Token distribution is uncertain and there may be adverse tax consequences for Investors upon certain future events.

The tax characterization of the SAFT and the Tokens is uncertain, and each Investor must seek its own tax advice in connection with an investment in the SAFT. An investment pursuant to the SAFT and the receipt of Tokens upon conversion thereof may result in adverse tax consequences to Investors, including withholding taxes, income taxes and tax reporting requirements. Each Investor should consult with and must rely upon the advice of its own professional tax advisors with respect to the United States and non-U.S. tax treatment of an investment in the SAFT and the purchase rights contained therein.

Risks associated with the Tokens and the CrayPay Platform

The CrayPay Platform may not be widely adopted and may have limited users and the Tokens may be valueless.

It is possible that the CrayPay Platform will not be used by a large number of individuals, companies and other entities or that there will be limited public interest in the creation and development of distributed ecosystems more generally or distributed applications to be used on the CrayPay Platform. Such a lack of use or interest could negatively impact the development of the CrayPay Platform. These or other unforeseen factors may significantly decrease or eliminate the value of Tokens. Cray Pay does not guarantee any specific value of Tokens and cautions purchasers of Tokens that there is a significant likelihood their value may decrease.

Cray Pay is party to certain agreements with its national brand and local merchant partners that impose numerous obligations upon the Company, which may make it

difficult to operate its business and a breach of such agreements could adversely affect the Company’s business, operating results, and financial condition.

In order to attract and engage with national brand and local merchant partners who will continue to participate in the CrayPay Platform, Cray Pay has to agree to certain obligations imposed by its material contracts with such national brand and local merchant partners. If Cray Pay materially breaches any of the obligations set forth in these agreements, the Company could be subject to monetary penalties and/or these agreements could be terminated, either of which could have a material adverse effect on the Company’s business, operating results and financial condition.

The Tokens will be entirely uninsured.

Tokens are not like bank accounts or other similar accounts. Tokens are entirely uninsured and any value they may hold at any time may decrease or be eliminated in the future.

The Tokens and the CrayPay Platform, as they may be developed, may not meet your expectations.

The Tokens and the CrayPay Platform, as described above, are currently under development and may undergo significant changes before release. Your expectations and market expectations regarding the form and functionality of the Tokens and the CrayPay Platform may not be met upon their deployment, if at all. If the CrayPay Platform and the Tokens do not meet market expectations, then the value of any Tokens issuable upon conversion of your SAFT could be adversely affected.

The CrayPay Platform may be subject to security weaknesses, hackers and theft.

Hackers or other groups or organizations may attempt to interfere with Cray Pay, the CrayPay Platform and your digital wallet in any number of ways, including denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus-based attacks. There is a risk that the CrayPay Platform, the Tokens and the technology infrastructure on which all of these offerings rely upon may include security weaknesses or bugs, which may interfere with the use, or cause the complete loss in value of the Tokens. Advances in cryptography may present risks to cryptocurrencies, digital tokens, Ethereum, Bitcoins, Tokens and Cray Pay’s technology infrastructure, which may result in the theft or complete loss of Tokens.

The CrayPay Platform will likely use smart contracts, and they have significant limitations.

The CrayPay Platform will likely employ various smart contracts. Smart contract technology is still in its early stages of development, and its application is experimental in nature. This carries significant operational, technological, regulatory, reputational, and financial risks. Smart contracts may not be fit for the purpose intended by Cray Pay and may contain flaws, vulnerabilities, or other issues, which may cause technical problems or the complete loss of Tokens.

Cray Pay may require additional capital to support operations or growth and may need to create and sell additional Tokens in the future.

From time to time, Cray Pay may need additional capital to operate or grow its business. Cray Pay’s ability to obtain additional capital will depend on investor and lender demand, operating performance, the condition of the capital markets, and other factors. Additional capital may not be available on favorable terms when required, or at all, which could materially harm Cray Pay’s business or result in a Dissolution Event. If Cray Pay issues additional CrayCoin Tokens in the future to raise additional capital, this may decrease the value of the CrayCoin Tokens issuable upon conversion of your SAFT.

There is and will be limited information related to the business of Cray Pay and the development of the CrayPay Platform.

You may not be able to obtain all information you would want regarding Cray Pay, the Tokens or the Cray on a timely basis or at all. It is possible that you may not be aware on a timely basis of changes in facts or circumstances that could materially harm Cray Pay, the CrayPay Platform or the Tokens, which could materially reduce the value of the Tokens issuable upon conversion of your SAFT. Cray Pay is not obliged, and does not intend, to keep users, purchasers, and holders of SAFTs or Tokens updated on its business and the development and/or any improvements on the CrayPay Platform (including progress and expected milestones). As a result of these difficulties, as well as other uncertainties, you may not have accurate or accessible information about the CrayPay Platform.

You will have no control of CrayPay, the Tokens and the CrayPay Platform and Cray Pay may only have limited control of the CrayPay Platform and Tokens if the Platform Launch occurs.

The CrayPay Platform will be comprised of technologies that depend on a network of computers to run certain software programs to process transactions. Because of this less centralized model, Cray Pay will have limited control over the CrayPay Platform and the Tokens once the Network is launched. In addition, you are not, and will not be, entitled to vote or receive dividends or be deemed the holder of capital stock of Cray Pay for any purpose, nor will anything be construed to confer on you any of the rights of a stockholder of Cray Pay or any right to vote for the election of directors or upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action or to receive notice of meetings, or to receive subscription rights or otherwise.

Intellectual property rights claims may impede Cray Pay’s business.

Third parties may assert intellectual property claims against Cray Pay. Regardless of the merit of any intellectual property or other legal action, any threatened action that reduces confidence in Cray Pay’s long-term viability may adversely affect the value of the Tokens.

Alternative networks may be established that compete with or are more widely used than the CrayPay Platform.

It is possible that alternative networks could be established that attempt to facilitate services that are materially similar to the CrayPay Platform’s services. For example, other networks may be established that allow consumers to make purchases using their cryptocurrency easily and as

quickly as when using CrayPay applications. The CrayPay Platform may compete with these alternative applications, which could negatively impact the Tokens.

The CrayPay Platform may be the target of malicious cyberattacks or may contain exploitable flaws in its underlying code, which may result in security breaches and the loss or theft of Tokens. If the CrayPay Platform’s security is compromised or if it is subjected to attacks that frustrate or thwart our users’ ability to access the CrayPay Platform, the Tokens or the CrayPay Platform’s products and services, users may cut back on or stop using the CrayPay Platform altogether, which could seriously curtail the utilization of the Tokens and cause a decline in the market price of the Tokens.

The CrayPay Platform is still in an early development stage and are unproven, and there can be no assurances that the creating, transfer or storage of the Tokens will be uninterrupted or fully secure which may result in a complete loss of users’ Tokens or an unwillingness of users to access, adopt and utilize the CrayPay Platform. Further, the CrayPay Platform may also be the target of malicious attacks seeking to identify and exploit weaknesses in the software or the CrayPay Platform which may result in the loss or theft of Tokens and the amount paid for the SAFTs offered hereby. For example, if Cray Pay and the CrayPay Platform are subject to unknown and known security attacks (such as double-spend attacks, 51% attacks, or other malicious attacks), this may materially and adversely affect the CrayPay Platform. In any such event, if the Platform Launch does not occur or if the CrayPay Platform is not widely adopted, Investors may lose all of their investment.

Risks related to blockchain technologies and digital assets

The regulatory regime governing blockchain technologies, cryptocurrencies, SAFTs, tokens and token offerings (such as this CrayCoin Token offering), the SAFT and the Tokens is uncertain, and new regulations or policies may materially adversely affect the development of the CrayPay Platform, the value of the SAFTs and the utility and value of the Tokens.

Regulation of tokens (including Tokens), token offerings, and SAFT offerings such as this, cryptocurrencies, blockchain technologies, and cryptocurrency exchanges is currently undeveloped and likely to rapidly evolve, varies significantly among international, federal, state and local jurisdictions and is subject to significant uncertainty. Various legislative and executive bodies in the United States and in other countries may in the future, adopt laws, regulations, guidance, or other actions, which may severely impact the adoption and growth of the CrayPay Platform as well as the adoption and utility of Tokens. Failure by the Company or certain users of the CrayPay Platform to comply with any laws, rules and regulations, some of which may not exist yet or are subject to interpretation and may be subject to change, could result in a variety of adverse consequences, including civil penalties and fines.

As blockchain networks and blockchain assets have grown in popularity and in market size, federal and state agencies have begun to take interest in, and in some cases regulate, their use and operation.

In the case of virtual currencies, state regulators like the New York Department of Financial Services have created new regulatory frameworks. Others, as in Texas, have published guidance on how their existing regulatory regimes apply to virtual currencies. Some states, like New Hampshire, North Carolina, and Washington, have amended their state’s statutes to include virtual currencies into existing licensing regimes. Treatment of virtual currencies

continues to evolve under federal law as well. The Department of the Treasury, the SEC and the Commodity Futures Trading Commission (the “CFTC”), for example, have published guidance on the treatment of virtual currencies. The U.S. Internal Revenue Service (“IRS”) released guidance treating virtual currency as property that is not currency for US federal income tax purposes, although there is no indication yet whether other courts or federal or state regulators will follow this classification. Both federal and state agencies have instituted enforcement actions against those violating their interpretation of existing laws.

The regulation of non-currency use of blockchain assets is also uncertain. The CFTC has publicly taken the position that certain blockchain assets are commodities, and the SEC has issued a public report stating federal securities laws require treating some blockchain assets as securities. To the extent that a domestic government or quasi-governmental agency exerts regulatory authority over a blockchain network or asset, the CrayPay Platform and the Tokens may be materially and adversely affected.

Blockchain networks also face an uncertain regulatory landscape in many foreign jurisdictions such as the European Union, China and Russia. Various foreign jurisdictions may, in the near future, adopt laws, regulations or directives that affect the CrayPay Platform. Such laws, regulations or directives may conflict with those of the U.S. or may directly and negatively impact our business. The effect of any future regulatory change is impossible to predict, but such change could be substantial and materially adverse to the development and growth of the CrayPay Platform and the adoption and utility of the Tokens.

New or changing laws and regulations or interpretations of existing laws and regulations, in the United States and other jurisdictions, may materially and adversely impact the value of the currency in which the Tokens may be exchanged, the liquidity of the CrayCoin Tokens, the ability to access marketplaces or exchanges on which to trade the CrayCoin Tokens, and the structure, rights and transferability of Tokens.

This Issuance of Tokens may constitute the issuance of a “Security” Under U.S. Federal Securities Laws

On July 25, 2017, the SEC issued a Report of Investigation under Section 21(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) describing an SEC investigation of the Decentralized Autonomous Organization (the “DAO”), a virtual organization, and its use of distributed ledger or blockchain technology to facilitate the offer and sale of DAO Tokens to raise capital. The SEC applied existing U.S. federal securities laws to this new paradigm, determining that DAO Tokens were securities. The SEC stressed that those who offer and sell securities in the U.S. are required to comply with federal securities laws, regardless of whether those securities are purchased with virtual currencies or distributed with blockchain technology. The SEC’s announcement, and the related Report, may be found here: https://www.sec.gov/news/press-release/2017-131. On November 1, 2017, the SEC contacted Munchee Inc. (“Munchee”) and caused it to halt its initial coin offering (“ICO”) a day after it had begun, and on December 11, 2017, imposed a Cease and Desist Order against further violation of the U.S. federal securities laws by Munchee. Munchee believed that its MUN token was not a security, but the SEC disagreed, citing the fact that Munchee had created an expectation that the value of MUNs would rise due to the efforts of Munchee in developing its application and managing its “ecosystem” and that investors would be able to recognize profits by selling MUNs into a liquid secondary market. Specifically, the Munchee whitepaper promised that MUNs would be listed for trading on at least one U.S. based

cryptocurrency exchange within 30 days of the conclusion of the ICO, and that Munchee would buy or sell MUNs to ensure liquidity. The SEC’s Release about In the Matter of Munchee Inc. (the “Report and Release”) may be found here: https://www.sec.gov/litigation/admin/2017/33-10445.pdf. As noted by the SEC, the issuance of tokens represents a new paradigm and the application of the federal securities laws to this new paradigm is very fact specific. After reviewing the Report and Release, we believe that the SAFTs and Tokens may each be considered a “security” under U.S. federal securities laws. If Tokens were indeed deemed to be a security under U.S. federal securities laws then, prior to the issuance of Tokens pursuant to the SAFT, we may be required to register, or comply with an appropriate exemption from registration for such issuance, and resales of Tokens under the Securities Act. The registration of Tokens under the Securities Act would result in significant delay in the issuance, resale or transfer of Tokens and would require us to incur substantial additional expense. If we instead seek to comply with such an exemption, this would result in additional delays and higher expenses and may limit our ability to raise the planned amount of funds from the sale of Tokens, as well as their transferability.

The Offering may be subject to registration under the Exchange Act if the Company has assets above $10 million and more than 2,000 Investors participate in, or acquire Tokens after, the Offering

Companies with total assets above $10 million and more than 2,000 holders of record of its equity securities, or 500 holders of record of its equity securities who are not accredited investors, must register that class of equity securities with the SEC under the Exchange Act. With the capital raised from the Offering, Cray Pay may surpass $10 million in assets as it builds out the CrayPay Platform. Furthermore, the SAFTs and Tokens are likely considered a security under U.S. securities laws and because there is the possibility that this Offering may surpass 2,000 Investors, Cray Pay may have more than 2,000 holders of record of its securities following the Offering and the issuance of Tokens. And the SAFT or Tokens may be deemed an equity security rather than another type of security. If either these conditions are met then Cray Pay will have to register the SAFT or Tokens and possibly this offering with the SEC, which will be a laborious and expensive process. If such registration takes place, much of the information regarding this offering will be available to the public.

There may be occasions when certain individuals involved in the development and launch of the CrayPay Platform may encounter potential conflicts of interest in connection with the Network Launch, such that said party may avoid a loss, or even realize a gain, when other Investors in the Offering or in Cray Pay are suffering losses.

There may be occasions when certain individuals involved in the development and launch of the CrayCoin Token or other Cray Pay affiliated persons may encounter potential conflicts of interest in connection with this Offering and the Network Launch, such that said party may avoid a loss, or even realize a gain, when other Investors are suffering losses. Investors in SAFTs may also have conflicting investment, tax, and other interests with respect to SAFT investments, which may arise from the terms of the SAFT, the timing of the Platform Launch or other token pre-sales, or other factors. Decisions made by the key employees of Cray Pay on such matters may be more beneficial for some Investors than for others.

CrayCoins have no history.

The CrayCoin Token will be a newly formed token on the public Ehtereum blockchain and has no operating history. Each SAFT should be evaluated on the basis that Cray Pay or any third party’s assessment of the prospects of the CrayPay Platform may not prove accurate, and that Cray Pay will not achieve its investment objective. Past performance of Cray Pay, or any similar token or SAFT, is not predictive of future results.

CrayCoin will be a token on the public Ethereum blockchain, which is susceptible to mining attacks.

CrayCoin will be a token on the Ethereum blockchain, which is susceptible to mining attacks, including double-spend attacks, majority mining power attacks, “selfish-mining” attacks, and race condition attacks, as well as other new forms of attack that may be created. Any successful attacks present a risk to Tokens and the CrayPay Platform.

Tokens, and expected proper execution and sequencing of Ethereum contract computations in general may also be subject to mining attacks.

Mining attacks may also target other blockchain networks with which Tokens interact, which may consequently significantly impact Tokens.

A lack of a central regulatory authority and structure and the global nature of digital assets and blockchain technologies limit legal remedies and recourses.

Because there is a lack of a central regulatory authority and structure and due to the global nature of digital assets and blockchain technologies, you may have no legal remedies or recourse against Cray Pay, other users, holders, purchasers or sellers of Tokens, and any other person or entity that may interfere with Cray Pay, the CrayPay Platform, the Tokens or your digital wallet.

If the CrayPay Platform is unable to satisfy data protection, security, security audits, privacy, and other government-and industry-specific requirements, its growth could be harmed.

There are a number of data protection, security, security audits, privacy and other government-and industry-specific requirements, including those that require companies to notify individuals of data security incidents involving certain types of personal data. Security compromises could harm the CrayPay Platform’s reputation, erode user confidence in the effectiveness of its security measures, negatively impact its ability to attract new users, or cause existing users to stop using the CrayPay Platform.

The further development and acceptance of blockchain networks, including the CrayPay Platform, which are part of a new and rapidly changing industry, are subject to a variety of factors that are difficult to evaluate. The slowing or stopping of the development or acceptance of blockchain networks and blockchain assets would materially harm the successful development and adoption of the CrayPay Platform and Tokens.

The growth of the blockchain industry in general, as well as the blockchain networks with which the CrayPay Platform will rely and interact, is subject to a high degree of uncertainty. The

factors affecting the further development of the cryptocurrency industry, as well as blockchain networks, include, without limitation:

Worldwide growth in the adoption and use of Ether and other blockchain technologies; Government and quasi-government regulation of Ether, and other blockchain assets and their use, or restrictions on or regulation of access to and operation of blockchain networks or similar systems; The maintenance and development of the open-source software protocol of the Ether networks; Changes in consumer demographics and public tastes and preferences; The availability and popularity of other forms or methods of buying and selling goods and services, or trading assets including new means of using fiat currencies or existing networks; General economic conditions and the regulatory environment relating to cryptocurrencies; or A decline in the popularity or acceptance of Ether or other blockchain-based tokens.

The slowing or stopping of the development, general acceptance and adoption and usage of blockchain networks and blockchain assets may deter or delay the acceptance and adoption of the CrayPay Platform and the CrayCoin Token, which would adversely affect our results of operations.

The prices of blockchain assets are extremely volatile. Fluctuations in the price of digital assets could materially and adversely affect our business, and Tokens may also be subject to significant price volatility.

The prices of blockchain assets such as Ether have historically been subject to dramatic fluctuations and are highly volatile, and the market price of the Tokens may also be highly volatile. Several factors may influence the market price of the Tokens, including, but not limited to:

Global blockchain asset supply; Global blockchain asset demand, which can be influenced by the growth of retail merchants’ and commercial businesses’ acceptance of blockchain assets like cryptocurrencies as payment for goods and services, the security of online blockchain asset exchanges and digital wallets that hold blockchain assets, the perception that the use and holding of blockchain assets is safe and secure, and the regulatory restrictions on their use; Investors’ expectations with respect to the rate of inflation; Changes in the software, software requirements or hardware requirements underlying the CrayPay Platform; Changes in the rights, obligations, incentives, or rewards for the various participants in the CrayPay Platform; Interest rates; Currency exchange rates, including the rates at which digital assets may be exchanged for fiat currencies; Fiat currency withdrawal and deposit policies of blockchain asset exchanges on which the Tokens may be traded and liquidity on such exchanges; Interruptions in service from or failures of major blockchain asset exchanges on which the Tokens may be traded; Investment and trading activities of large investors, including private and registered funds, that may directly or indirectly invest in the CrayPay Platform or Tokens or other blockchain assets; Monetary policies of governments, trade restrictions, currency devaluations and revaluations; Regulatory measures, if any, that affect the use of blockchain assets such as Tokens; Global or regional political, economic or financial events and situations; or Expectations among CrayPay Platform or other blockchain assets participants that the value of Tokens or other blockchain assets will soon change.

A decrease in the price of a single blockchain asset may cause volatility in the entire blockchain asset industry and may affect other blockchain assets including Tokens. For example, a security breach that affects investor or user confidence in Ether may affect the industry as a whole and may also cause the price of Tokens and other blockchain assets to fluctuate.

Documents

PDF
Investor Pitch Deck June 3rd, 2018
PDF
Basic Term Sheet June 5th, 2018
PDF
Executive Summary August 20th, 2018
PDF
White Paper August 20th, 2018

Time Until Current Discount Ends

Current Discount: 1 CRCN = $0.0300   (40% Discount)

Discount RATES

Discount from base price/0% discount. Base price is 1 USD = 20.00 CRCN

  • 75%

    Series 1B

  • 50%

    Series 2

  • 40%

    Series 3

  • 30%

    Series 4

  • 20%

    Series 5

  • 10%

    Series 6

Current ICO Results

CrayCoin

CRCN 89000000
CRCNs Sold

$1,667,500
USD Raised

You transfer (USD)

You receive (CRCN)

White Paper

Time Until Token Sale Closes

TOKEN DESCRIPTION

Role of Coin/Token - Security Token used as a currency for everyday spending

Symbol - CRCN

Maximum supply (hard cap) - 10 billion CRCNs

Available for purchase - 3 billion CRCNs

Accepted currencies - USD

Price - 1 USD = 20.00 CRCNs at 0% discount (only)

Minimum transaction amount - $10,000

Main ICO sale period - 06/14/2018 to 11/16/2018

If minimum not met - Refunds will be issued via the smart-contract

NOTE : Our minimum was reached during pre-sale

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