Cryptaur: Decentralized Peer-to-Peer Service Ecosystem

The Cryptaur whitepaper was initiated and published by the core Cryptaur team in 2017, aiming to address pain points such as excessive intermediaries, inefficiency, and information opacity in traditional business channels, and to explore building a fairer, more transparent decentralized ecosystem through blockchain technology.

The theme of the Cryptaur whitepaper is “a decentralized application platform designed to reshape and transform the sharing economy system.” What makes Cryptaur unique is that it has built a decentralized ecosystem based on Ethereum, which not only uses blockchain technology to achieve transparent and verifiable transactions, but also provides a comprehensive framework for peer-to-peer (P2P) services and decentralized applications (dApps) through core elements such as the Cryptaur utility token (CPT), Cryptaur payment platform, Social Capital Management System (SCMS), and User Rights Protection System (URPS). The significance of Cryptaur lies in significantly reducing transaction costs by eliminating intermediaries and empowering consumers to make purchasing decisions based on fully transparent information, thereby promoting community consensus validation and the true value of goods and services.

Cryptaur’s original intention is to improve the efficiency of all social interactions, free them from the constraints of intermediaries, and achieve instant, transparent, secure, and mutually beneficial exchanges. The core viewpoint stated in the Cryptaur whitepaper is: by creating a fast, blockchain-based decentralized ecosystem, and based on peer-to-peer interaction and a comprehensive dApp framework, Cryptaur can achieve transparent, community-verified transactions, greatly reduce costs, and foster a fairer sharing economy.

Interested researchers can access the original Cryptaur whitepaper. Cryptaur whitepaper link: https://cryptaur.com/wp-content/uploads/2018/02/smart_book_en_1.pdf

Cryptaur whitepaper summary

Author: Julian Hartmann

Last updated: 2025-11-09 11:15

The following is a summary of the Cryptaur whitepaper, expressed in simple terms to help you quickly understand the Cryptaur whitepaper and gain a clearer understanding of Cryptaur.

What is Cryptaur

Friend, imagine when we shop, hail a ride, or order food, there’s always a platform acting as a middleman—like Taobao, Didi, or Meituan. These platforms are convenient, but they charge service fees and sometimes restrict direct communication between us and merchants. Cryptaur (CPT for short) is a project that aims to build a “digital marketplace without middlemen profiting from the spread”.

It is a decentralized ecosystem based on the Ethereum blockchain. You can think of it as a huge, open, community-maintained online bazaar. In this marketplace, buyers and sellers can transact directly, without any centralized platform to manage or take a cut.

Its target users are global consumers, service providers, and product suppliers. The core scenario is to provide various peer-to-peer (P2P) services, such as goods trading, service bookings, and more.

A typical usage flow might look like this: you want to buy a handmade item, find a craftsman in the Cryptaur ecosystem, communicate and pay directly, and then receive the product. The whole process is transparent and efficient, and since the middleman is eliminated, the cost is theoretically lower.

Project Vision and Value Proposition

Cryptaur’s vision is very ambitious: it hopes to improve the efficiency of all social interactions by eliminating various “middlemen.” As mentioned above, it wants to make transactions more direct, transparent, secure, and beneficial for both parties involved.

The core problem it aims to solve is the high cost and inefficiency caused by intermediaries in traditional economic models. For example, suppliers may be forced to sell products at very low prices, while consumers pay excessively high retail prices. Cryptaur believes that through a peer-to-peer (P2P) interaction model, the price of products or services can be fully passed on to the seller, so the final price only includes the real production cost and a reasonable profit.

Compared to similar projects, Cryptaur’s uniqueness lies in the fact that it not only focuses on the transaction itself, but also introduces a “Social Capital Management System” (SCMS). This system is like a community “credit score” mechanism, designed to encourage users to be honest, trustworthy, and actively contribute, rewarding behaviors that bring value to the community. In addition, it emphasizes a User Rights Protection System (URPS) to ensure fairness in transactions.

Technical Features

Cryptaur’s technical foundation is the Ethereum blockchain. Simply put, Ethereum is like a huge, public, tamper-proof ledger where all transaction records are securely stored.

Its core technical features include:

Decentralized ecosystem: This means there is no central authority controlling the entire platform; instead, it is maintained and managed by all participants together.
Cryptaur Pay platform: This is a multifunctional payment platform designed to provide a “one-click” payment experience, supporting fiat, mainstream cryptocurrencies, and CPT token payments, while minimizing transaction costs as much as possible.
Social Capital Management System (SCMS): This is a proprietary engine that manages users’ social capital through a “Proof of Contribution” (PoC) algorithm. PoC is further divided into proof of verification, proof of expertise, and proof of extension. It evaluates users’ contributions based on their actions (such as purchasing, providing services, etc.) and gives corresponding rewards.
ERC20-compatible token: Cryptaur’s token CPT is issued based on the Ethereum ERC20 standard, which means it can be stored and managed in any wallet that supports ERC20 tokens.

Tokenomics

Cryptaur’s token is called CPT, and it is the “fuel” and “currency” within this ecosystem.

Token symbol: CPT
Issuing chain: Ethereum, compliant with the ERC20 standard.
Total supply: According to CoinMarketCap and TokenInsight, the total supply of CPT is 27,662,180,148.278465 tokens.
Circulating supply: There are discrepancies in circulating supply data from different sources. CoinMarketCap shows 13,485,673,470.554075 tokens in circulation, but also notes that this is self-reported and unverified by the project, and displays a self-reported circulating supply of 0. TokenInsight also shows a circulating supply of 0. This means the actual circulating CPT amount may require further verification.
Token utility: CPT mainly has the following uses within the ecosystem:
- Payment: Used to pay for goods and services within the ecosystem.
- Rewards: Users can earn CPT rewards by actively participating in the ecosystem and making contributions (such as purchasing, providing services, maintaining community order, etc.).
- Staking: There are future plans to support a staking mechanism, allowing holders to earn returns and participate in governance decisions by staking CPT.

Team, Governance, and Funding

The Cryptaur project was founded by Dmitry Buriak. The team’s goal is to build a self-sustaining, self-maintaining, self-evolving, and community-owned platform.

In terms of governance, Cryptaur plans to implement a community-driven governance model, allowing token holders to directly participate in future development decisions. This means that as the project develops, CPT holders will have more say in jointly determining the project’s direction.

Regarding funding, Cryptaur successfully raised $60 million in its 2017 crowdsale and sold 8.5 billion CPT tokens. This shows the project received considerable financial support in its early stages.

Roadmap

The project’s roadmap is like a map guiding the future, listing important past milestones and future development plans.

Historical milestones:

August 2017: Cryptaur’s foundational concept was formed, and the “Crypto Manifesto” was released, aiming to fight against middlemen.
2018:
- Mobile version of Cryptaur lottery launched.
- CPT token listed on exchanges such as HitBTC, Orderbook, and LAToken.
- The first decentralized goods marketplace launched.
- The first version of X-Game launched within the Cryptaur ecosystem.
- Partnered with Fintech United Group to successfully launch a credit card and implement automatic KYC (Know Your Customer).

Future plans:

According to the latest roadmap, Cryptaur plans to launch a decentralized marketplace to enhance user engagement and expand utility within the ecosystem.
The team also plans to implement community-driven governance, giving token holders direct say in future development.
The project aims to create seamless use cases for everyday transactions, further solidifying its role in the decentralized economy.

Common Risk Reminders

Investing in any cryptocurrency project comes with risks, and Cryptaur is no exception. Here are some common risk reminders:

Technical and security risks: Although the project is based on Ethereum, smart contracts may have vulnerabilities that could lead to asset loss. Blockchain technology itself is also evolving and may face new challenges.
Economic risks: The price of CPT tokens is affected by market supply and demand, macroeconomic environment, regulatory policies, and other factors, and may be highly volatile. In addition, the development of the project ecosystem and user adoption will directly affect the token’s value. Currently, CPT’s trading volume and market cap are very low, and some data even shows a circulating supply of 0, which may indicate high liquidity risk.
Compliance and operational risks: The global regulatory environment for cryptocurrencies is still unclear, and policy changes may have a significant impact on project operations. In addition, the project team’s execution ability, community activity, and whether it can continue to attract developers and users are also key. Some users have expressed concerns about the project’s long-term viability.
Information transparency risk: There are inconsistencies or unverified data regarding some key project information, such as the accurate circulating supply of tokens, which increases information asymmetry risk for investors.

Please remember, the above does not constitute investment advice. Be sure to conduct thorough personal research and risk assessment before making any investment decisions.

Verification Checklist

When researching a blockchain project, it’s helpful to check some public on-chain data and development activity.

Block explorer contract address: The Ethereum contract address for the CPT token is
0x88d50b46c69864264625b035775f5f45fca1
. You can view transaction records, number of holders, and other information for this contract via block explorers like Etherscan.
GitHub activity: Although the search results mention “Our smart contract on GitHub,” there is no direct link to the GitHub repository or its activity information. An active GitHub repository usually means the project has ongoing code updates and development progress.
Official website: Cryptaur’s official website is cryptaur.com.

Project Summary

Cryptaur (CPT) is a blockchain project that emerged around 2017-2018, with the core idea of building a decentralized peer-to-peer (P2P) ecosystem aimed at eliminating middlemen in traditional transactions, improving efficiency, and reducing costs. It is based on the Ethereum blockchain and has issued an ERC20-standard CPT token as a payment and reward tool within the ecosystem. The project’s highlight is its unique Social Capital Management System (SCMS), which attempts to promote active community contribution and honest behavior through incentive mechanisms.

According to its roadmap, Cryptaur made some progress in its early stages, such as token listings and the launch of some decentralized applications (dApps) like lottery and goods marketplace. In the future, the project plans to further develop decentralized marketplaces and community governance.

However, when evaluating this project, it’s also important to note some potential challenges. For example, there are inconsistencies and unverified data regarding the circulating supply of CPT tokens, which may affect its market transparency. In addition, although the project’s vision is ambitious, its actual implementation and user adoption in today’s highly competitive blockchain market, as well as its ability to continue developing and address users’ long-term viability concerns, all require ongoing attention.

Overall, Cryptaur is a project with a clear vision for decentralization, attempting to reshape transaction models through blockchain technology. For those interested, it is recommended to study its official materials in depth and make independent judgments based on the current market situation. For more details, please conduct your own research; the above does not constitute any investment advice.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.