Cratos

What is Cratos?

The CRATOS app is a real-time voting system (also known as Vote-To-Earn, or V2E) that addresses concerns with existing biased media corporations and limitations of public opinion polls. Launched in December 2020, it has garnered over 600,000 downloads and 300,000 users as of February 2023. The community comprises two-thirds progressive and conservative members and one-third moderates.

CRATOS has published over 1,000,000 vote items to date. By leveraging Big Data analysis technology, estimations can be performed to determine the proportion (%) of progressive and conservative groups. Unlike the conventional method of classifying users into left or right in a binary manner, this approach allows for a more nuanced understanding of political orientations. Consequently, CRATOS can offer significantly more accurate data compared to traditional public opinion polls.

The app fosters inclusivity, creating a space where diverse opinions, including those of shy-moderates, can coexist. To encourage participation, CRATOS utilizes blockchain technology, issuing ERC 20-based tokens as rewards for various activities, building a crypto ecosystem. Vote results are recorded on blockchains for transparency and security.

Cratos Key Features

Cratos has 4 main key features:

1. Real-Time Voting by Users: Users can generate a daily vote, with real-time aggregation of results, displayed comprehensively by gender and age group. The UI is designed for simplicity, initially offering binary options.
2. Administrator's Votes (CRATOS): Administrator-initiated votes present real-time issues with a neutral and objective view. Statistical values remain invisible until voting concludes to maintain objectivity.
3. Public Opinion Polls: CRATOS collaborates with media partners like Newsis and CoinNess to provide accurate and timely data at an affordable cost.
4. Discussion Board: A platform for users to engage in free discussions on various topics.

Cratos' Markets

CRATOS has set its sights on entering various markets, prioritizing the Korean market first, followed by the Chinese market, the North American market, and finally, the global market. In Korea, the initial target customers encompass the general public, with the strategic goal of evolving into a comprehensive public voting app through a well-thought-out Go-to-market Strategy.

During the initial phase in Korea, CRATOS is concentrating on attracting users who exhibit a keen interest in politics. The current user base comprises individuals who actively participate in online communities with a political focus.

The CRTS Token

The CRATOS app awards users with CRATOS tokens based on their participation, aiming to collect and monetize data from votes. The tokens have diverse utility for holders:

A. CRTS Reward on the App: Users receive CRTS with a 6-month halving period, allowing compensation and controlled token supply distribution into the market.

B. DAO Governance: CRTS holders can propose and vote on Cratos project development, fostering community engagement. Voting power is proportional to the held CRTS tokens during snapshots.

C. Transaction Fee: On the Cratos mainnet, CRTS serves as a transaction fee, distributed to validators.

D. Payment on the App and Ecosystem: CRTS is a payment method for services, including media companies conducting public opinion polls. It also serves as payment for app entertainment functions. As the Cratos ecosystem expands, CRTS can be a payment method for any DApp on the mainnet.

Cratos Team Background

The Cratos project is initiated by Pharos Labs, Inc., a South Korean blockchain-oriented company builder established in February 2020. The company's mission is to form project teams and startups to develop and commercialize business ideas using blockchain technology and Blockchain-as-a-Service (BaaS).

Sangheoun Noh serves as the Founder & President, bringing expertise in investment and business administration, drawn from his experience managing several investment firms. His background includes years of involvement in crypto, securities, and property investments.

David Kang holds the position of CEO at the company. He has a rich background as a startup accelerator, investor, mentor, and advisor, collaborating with over 500 startups. Additionally, he has overseen a cryptocurrency community and project while managing a boutique private equity firm in the cryptocurrency space since 2017.

List of investors and partners of Cratos: Houbi Global, Gate.io, Bittrex Global, MEXC Global, BitMart, PancakeSwap, Uniswap, Probit Global, and more.

Cratos Project Development

Pharos Labs, the operator of the blockchain-based mobile voting platform 'Cratos,' and Rotonda, a subsidiary of the Bithumb virtual currency exchange, have entered into a Memorandum of Understanding (MOU) for a synergistic project. The collaboration aims to integrate mobile votes with Rotonda's 'Burrito Wallet,' a virtual asset platform supporting 14 mainnets and managing approximately 1,400 tokens. The partnership focuses on mutual advancement, including trend prediction through big data, building blockchain ecosystems, marketing cooperation, and other collaborative activities.