ProBit Global Partners with Voting Platform Cratos to Stem Misinformation

By October 31, 2021 No Comments

Real-time voting platform Cratos has officially partnered with ProBit Global to expand market liquidity for the community spanning 44,000 users deliberating across 58,000 diverse topics with the advantage of generating open political discourse. 

As media manipulation continues to exacerbate widespread misinformation, Cratos establishes a vital source of unbiased, real-time polls based on a fair earning incentive to foster mass participation and inclusion. 

The viable data market opportunity spanning over 50M users in highly political communities presents a gold mine of information for an accurate, updated gauge on public sentiment to be capitalized on by the big data industry, with the U.S. sector projected to reach $50.1B.

Cratos has achieved high engagement rates with its users logging an average of 1 hour on the current South Korean-exclusive app, enabling them to earn based on their role in creating, voting, and providing their insights on various polls. 

Cratos aims to provide a flat $10,000 fee for large institutions to garner valuable data across a highly elective user base at a reduced price point thanks to its decentralized nature and removing physical barriers for participation. 

The team has reserved 36% of the total supply for rewards distribution, of which 5% of the initial supply will be subject to a token burn whenever the app fails to attain 100% YOY user growth. Furthermore, 16% of the foundation’s tokens remain locked until H1 2022. 

CRTS will also employ a halving mechanism to drop rewards by 50% every half starting January 1, 2022. Users reaching a minimum of 50,000 CRTS can withdraw their earnings pending a 2% transaction fee, and to maintain adequate rewards allocation, Cratos will periodically purchase tokens directly off exchanges. 

Future endeavors for the project include a KYC-backed electronic voting system in Q1 2022 and market expansion into China and North America during Q2 and Q3 2022. 

ABOUT CRATOS

Cratos is an ERC-20 utility token designed to facilitate citizen participation in the CRATOS mobile app, a real-time live vote platform, where users can generate a vote topic in her/his preference, and other users can participate in the vote. The demographic data will display immediately after voting while users on the app can earn Cratos tokens based on their activities.

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