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CTK Technology

CTK : a Blockchain-based Utility Token

The Cryptyk Token (CTK) is the new digital currency for enterprise-class cloud security and storage applications from Cryptyk Inc. CTK is a utility token that leverages the permanent immutable nature of consensus driven blockchain technology to underpin a new independent digital economy for secure enterprise cloud applications. The primary function of the CTK Token is for the processing and logging of cyber-security and payment related verification tasks for Cryptyk's SaaS security and storage services. When initially launched on secondary exchanges in Q2 2019 the CTK smart contract was built on top of the ERC-20 Ethereum protocol to establish initial liquidity and a trading regime. However CTK is blockchain agnostic and can sit on top of most existing blockchain protocol such as Bitcoin (BTC), Tron (TRX) and Hyperledger, or even advanced protocols yet to be developed. This makes CTK tokens "future-proof" against the potential availability of improved blockchain protocols.   


In Q2 2020 the CTK economy will be integrated with the CRYPTYK CLOUD product suite that includes the VAULT cloud storage and SENTRY cloud security platforms. This hybrid blockchain integration will form the underlying payment processing system for a new independent decentralized cloud ecosystem. CTK's token utility is used for the fast processing of network security verifications for the SENTRY security auditing platform. CTK also acts as the underlying payments platform for SENTRY and VAULT plus the numerous software applications (or APPs) to be built on top. The CTK token economy will help drive customer adoption of the CRYPTYK CLOUD product suite and also incentivize 3rd party development of an APP ecosystem built on our ultra-secure cloud storage. Building an engaged community of software developers will be key to the evolution of CRYPTYK CLOUD from a SaaS product into an open source ecosystem that organically builds new applications by itself. To this end Cryptyk Inc has founded the non-profit Cryptyk Foundation to manage the customer, developer and investor communities for the benefit of all stakeholders.   

Blockchain Technology Structure DefocusedA_Ecosystem

Explainer Video: CRYPTYK CLOUD Ecosystem

CTK Token Economy

Token Economy Structure

The CTK Token Economy was developed in early 2018 with the CTK smart contract creating 750 Million digital tokens (fixed in number forever). The initial distribution of CTK tokens was as follows:

(1) Initial Circulating Supply of 300 Million CTK (40%)
(2) Company Supply of 250 Million CTK (33%) 
(3) Community Supply 200 Million CTK (27%)

A total of 300 Million tokens were issued to investors via the CTK token sale and to strategic marketing partners via token swap agreements. The token sale and swap processes created over 300 new token holders which formed the initial circulating supply for trading on secondary exchanges. It also raised $4.2 Million of funds for product development and added $13.2 Million of intangible digital assets to the company balance sheet.

The Company supply consists of 250 Million CTK tokens that are reserved for Cryptyk Inc shareholders and staff. These will be issued to staff in stages starting in Q2 2020 once the CRYPTYK CLOUD product platform has been successfully launched. The Community supply consists of 200 Million CTK tokens and is managed by the non-profit Cryptyk Foundation. These tokens are for issuance to key enterprise customers and 3rd party app developers from Q2 2020 once the product platform has been launched.

Customer Adoption drives CTK Value

The CTK Token Economy will not exhibit any growth due to product utility until the CRYPTYK CLOUD product suite is launched in Q2 2020. Until then CTK price and market behavior will solely be determined by market sentiment and investor speculation (ie: similar to a security or share). Nonetheless we can expect the CTK price regime during the pre-launch and trial phases to be between 0.01 cents and 1 cent. Once the product suite has been launched CTK price will start to be increasingly determined by its product utility. Hence, CTK price will be primarily driven by customer adoption and grow exponentially during product launch and sales growth phases. While CTK pricing cannot be accurately forecast or guaranteed, estimated price trading regimes* are shown in the diagram here ->.

Top 10 Security Startup 2018

EnterpriseSecurity2

Enterprise Security Magazine has named Cryptyk one
of the Top 10 Enterprise Security Startups for 2018

Forbes Article about Cryptyk

Forbes-logo2

Cryptyk Token labelled "blue chip"
blockchain project by Forbes

Top 25 Blockchain Technology

cioapps3

CIO Applications Magazine has named Cryptyk
Top 25 Blockchain Technology Solutions Provider

"Cryptyk is rightly positioned to redefine cloud security and storage"

Enterprise Security Magazine's Top 10 Security Startups

 

Corporate Documents
busplan1

Business Plan &
Annual Report
Download PDF

ProdTechnology1

Technology
White Paper
Download PDF

ESMarticle

Enterprise Security
Magazine Article
Download PDF

ProdComp

Company & Product
Overview Deck
Download PDF

Trade CTK on Crypto-currency Exchanges

Buy CTK Tokens on Cointiger

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Cryptyk is currently listed on Singapore based Cointiger which is consistently rated in the Top 15 global crypto-currency exchanges in terms of daily trading volume. Initially the only trading pair will be CTK/USDT (BTC and ETH pairs to be added soon).

LATEST NEWS & BLOG
MANAGEMENT TEAM
42bc3184c7d04c02f12f5502e7038d99_Adam-150-150-c-100

Adam Weigold, PhD

CEO, Chairman & Founder
Quantum Physicist, Technologist, Inventor, 20 Yr Startup Veteran, 6 Startups, 1 IPO, 2 Public Acquisitions
 
1612bc787d0f6a62cea9acb075873ea6_Raghu-150-150-c-100

Raghu Kotha

CTO & Founder

Cyber-Security Expert, Blockchain Developer, Full-stack Coder, White-hat Hacker, ex Silicon Valley Bank, Bell Labs

628542d04292060893546f0995447c8f_Dennis-150-150-c-100

Dennis McMasters

Chief Architect

Automation Expert, Platform Architect, Developer, former NYSE, “the guy who automated the NYSE”

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Daniel Floreani, PhD

Enterprise Solutions Manager

Computer Scientist, Research Fellow, Enterprise Architect, former Cisco Systems and Australian DoD

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Mihkel Trink

Product Manager

Systems architecture and integration expert, Software Developer, former Ericsson

Wes13

Wes Francis

Sales & Marketing Manager

Partnership Management, Speaks 6 languages, 7 years Fintech / Startup experience in Shenzen & Hong Kong 

Derek1

Derek Grocke

Cyber-Security Manager

Cyber-security professional, platform security auditor, network tester and full-stack code-breaker

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Jen Peng

Director

Corporate lawyer, Corporate Finance Expert, Angel Investor and former Executive Director at Morgan Stanley

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Indra Singhal

Director

Seasoned Silicon Valley COO / CFO / Director, Venture Capitalist, Startup Mentor, Board Director

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Robert Bender

Fintech Advisor

Financial and Banking Cyber-security Specialist, CTO of Founders Federal Credit Union

TianJiaBW

Tian Jia

Foundation Director & Advisor
Computer Scientist, Blockchain Expert since 2011, Chief Scientist at Cortex, Partner at Zhenfund, ex Alibaba 
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Andre Mintz

Cyber-Security Advisor

Cyber expert with more than 20 years experience building security and privacy risk management programs.

Ian Scarffe

Ian Scarffe

Blockchain / ICO Advsior

Bitcoin, Blockchain and Crypto Luminary. Rated Top 10 Blockchain Expert on ICObench

AlyBW

Aly Madhavji

Crypto-currency Advisor

ICO Expert, Award winning Blockchain Author, Asian ICO Adviser, CEO & Founder Global DCX

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Chris Guidroz

Cyber-security UI Advisor

Cyber-UX specialist and front-end developer, Founder of Leap Labs, former Skyhigh 

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Prof. Erich Weigold, A.M.

Governance Advisor

World Renowned Quantum Physicist, Humbolt Prize, Lyle Medal, Member of Order of Australia

STRATEGIC PARTNERS

Development Partner

ibm

Cryptyk is an IBM Embedded Partner for Blockchain and Cloud Storage Products 

Development Partner

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Development Partner who makes the worlds most secure PC hardware

Development Partner

BankVault_logo

Strategic Development Partner and Cyber-Security Vendor

Customer Partner

FFCU-edited-2

Strategic Customer, key trial participant and prototype platform tester

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General Inquiries: [email protected]
Technical Support: [email protected]
CTK Token info: [email protected]

© Corporate and Legal Information
Cryptyk Inc is a US based company incorporated in Nevada and headquartered in San Francisco, California.
Cryptyk Inc has non-US staff and resources in Tallinn, Estonia and Adelaide, Australia.
Cryptyk, Cryptyk Vault, Cryptyk Sentry, Cryptyk Cloud, Cryptyk Token and CTK Token are registered trademarks of Cryptyk Inc. 
All images, content and media on this site are either property of Cryptyk Inc or public domain.

* Forecasts and estimations of future CTK Token Price published here and in supporting pdf documents are for instructional purposes
   only to demonstrate the potential effect of token utility on token price. Published images or data that include forward-looking estimates of
   CTK price 
over time are not a guarantee of future CTK pricing behavior. Cryptyk Inc. accepts no liability for any damages or financial losses
   incurred by investors via the purchase or sale of 
CTK Tokens via direct transactions or on secondary crypto-currency exchanges.