Keith Teare Agrees to Act as Adviser in the Crypterium Project

Oct 30, 2017 at 11:23 // News
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Crypterium

Well-known British tech entrepreneur Keith Teare, founder of numerous digital ventures including Easynet and RealNames, has agreed to sign up as an advisor with rising cryptobanking outfit Crypterium.

Teare, a grizzled veteran of the international technology sector, is perhaps most famous as the co-founder of the TechCrunch tech news website, but has a long list of projects under his belt stretching back decades, among them Accelerated Digital Ventures, Minds and Machines Inc., MedCo, just.me, Archimedes Labs, Easynet, and RealNames. The latter two had valuations that hit $1 billion.

Crypterium’s current project is to create a cryptobank focusing on three main services: giving individuals the ability to use cryptocurrencies to make payments in their day-to-day lives, establishing an innovative infrastructure that gives businesses new opportunities for cryptocurrency acquiring (and makes it easy for vendors to receive cryptocurrency payments as fiat money), and cryptolending, which it is attempting to streamline. Doing all this requires a multidisciplinary team that brings in specialists in finance, banking, cryptocurrency, financial IT, strategic development, and investment.

Crypterium co-founder and head Steven Polyak welcomed the new advisor: “We are overjoyed that Keith has decided to come into this project. He brings with him invaluable industry experience, a clear vision, and a knack for choosing the right strategy. He knows our company and its work, having previously known our co-founder Vladimir Gorbunov. We have no doubt he will be able to make a substantial contribution to refining our product offering and boosting our already large and growing community of supporters.”

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For his part, Mr. Teare is enthusiastic about the project’s prospects: “Ambitious projects like Crypterium are the kind of innovation that the market is looking for, as it answers an existing need for easy-to-use cryptobanking solutions. I’m looking forward to contributing to turning this concept into a new reality.”

Crypterium is headquartered in Estonia and creates contactless payment solutions. It is in the midst of its Initial Coin Offering (ICO), which seeks to collect $47 million for its cryptobank project. For more information on the project, see https://crypterium.io/.

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