SAN FRANCISCO, Calif., March 19, 2019 — Cryptyk Inc., a US based developer of enterprise-class cyber-security and cloud storage products, today announced the debut listing of its new digital currency, the Cryptyk Token (CTK) on the CoinTiger crypto-currency exchange.
Cryptyk is developing a unique hybrid blockchain technology that combines encrypted decentralized cloud storage technology with blockchain based security auditing and tracking. The result is a “one-size-fits-all” cloud security and storage solution that is ideal for both large enterprises and their individual customers. The platform replaces 3-4 different cloud security and storage products from existing vendors while vastly improving security and reducing operational costs. Key target markets for Cryptyk technology include banks, financial services, legal services, accounting services, healthcare industries and government organizations.
The Cryptyk platform is driven by the CTK Token which provides financial incentives for not only CTK investors and traders, but also third-party app developers and enterprise customers. The company is not only building a security and storage platform but an entirely independent cyber-security economy. While CTK is classed as a utility token, it is also the first true utility token to meet US Federal guidelines for securities under SEC exemption 506(c). As a digital token with practical utility, increased customer adoption of its product platform will place increased demand on the CTK market economy. Consequently, the value of CTK will automatically increase with each new enterprise customer.
Cryptyk has chosen the Singapore based CoinTiger exchange for its CTK Token listing debut scheduled for 8am GMT, Wednesday March 20th, 2019. The initial currency trading pair will be CTK-USDT (ie: Tether) but additional currency trading pairs will be added later in April (eg: CTK-BTC and CTK-ETH). The CTK Token is an ERC-20 Ethereum based token and its opening price upon listing will be 1 CTK = 0.125 USDT. CoinTiger is consistently rated as a Top 15-30 global crypto-currency exchange on both Coinmarketcap.com and MyToken.io which are the leading industry ratings sites.
Cryptyk CEO Dr. Adam Weigold commented today that “we are very pleased to be forming a strong partnership with the CoinTiger exchange. CoinTiger has a very strong record for both large daily trading volumes of alt-coins and promotional support for its new digital currency listings.”
For more information about Cryptyk and the CTK Token see www.cryptyk.io
For more information about the CoinTiger Exchange and trading CTK see www.cointiger.com
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