How goes it fellow crypto heads! Today we’re bringing you guys something especially exciting!
As of this morning, Crypto Playhouse has officially partnered up with the CloakCoin (CLOAK) project (click here for the official press release). We will be helping them in different ways, which include putting their social media marketing strategy on steroids!
Ambassadors for Cloak
In essence, we'll be acting as ambassadors for the Cloak team; providing an array of informational tools for their users as well as representing them at conferences and conventions. This strategic partnership is another step by the Cloak development team in the right direction, which will help move the project into the mainstream and establish it as a well known cryptocurrency payment solution.
CloakCoin And Our Due Diligence Requirements
Over here at the Crypto Playhouse we are emphatic about our “crypto morals” and exclusively work with projects that meet a stringent set of due diligence requirements. That’s the reason we turn down most companies that come to us for promotion. After all, our reputation is the one on the line!
After CloakCoin first approached us on February of this year and we began doing our analysis, we were very excited! In fact, we were absolutely shocked that such a strong project didn’t have a higher level of media attention.
Established back in 2014, the Cloak project has had its ups and downs, but the new and current development team [which took the reigns a few years back] has done an excellent job of breathing new life into the project. Not only has the code base been reworked (transaction times are now lightning fast!), but the network that the Cloak project broadcasts its transactions on (the “Enigma” network), is a fully established staking ecosystem.
We also found the removal of miners from the equation particularly interesting, as it shows a team that is forward thinking and concentrating on some of the most pressing issues that large cap cryptos such as Bitcoin are facing today.
When we completed our initial research, not only it was evident that Cloak met our due diligence standards as a project. Their highly motivated team also made it blatantly clear CloakCoin was ready to make big moves to make things happen!
In-Depth Content Coming Right Up!
One of the things we’re excited about when it comes to this strategic partnership is being able to provide you guys with a whole slew of information and educational tools related to the Cloak project.
We’ll be covering everything from wallet setups and staking tutorials to in depth technical info and giveaways! One of the core strengths of our partnership with Cloak is that we will be working directly with their development team. This means that you’re truly getting the information from the horse’s mouth; all the facts from the actual source!
Along with everyone at the CloakCoin team, we look forward to the start of an exciting new chapter in the story of Cloak!
We’d love to hear from you as well. If you have any questions you’d like to ask us about Cloak or topics you would like to see covered down the road, drop us a comment below!
Technical Analysis CLOAK/BTC
Here’s also something a little extra. Our Senior Money Manager just completed a new technical analysis on the CLOAK token on TradingView. You can access it by clicking on the chart below.
Let me know what you think.
Comment Below!
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The information is very intresting...
Thank you. Make sure to send us any questions you may have on CLOAK!
New coin jee..
Interesing Project promises to be good
Yes, it is a project with very high potential. We will be pushing out a lot of educational content on it. Thank you for your comment.
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Cryptocurrency is the exchanging system.in this time this topic is so hitting for all of us..very interesting content..thanks @cryptoplayhouse for sharing this blog.
Glad to share, this is just the primer. So much great info to get out to the community about CLOAK, going to be a lot of fun!
Sounds like this merger has great potential!!!
Thanks, were super stoked!!
your post is good 👍👍👍
Very interesting , keep posting
I'm going to have to add CloakCoin to my tip jar.
Do it up! Now that theyve released the mobile wallet and got listed on binance its super easy to pick some up!
The removal of mining is great, it removes how overbearing the other mined coins are in relation to the fact that people with large amounts of money can invest in huge setups and makes it nearly impossible for small fry to even attempt it without being part of a pool. Plus it avoids the obvious GPU price hike and rarity issues from the miners over purchasing.
Agreed 100%! I actually got into crypto through my experience building custom pc's landing me in the emining realm. And as cool as it is, and as much as I think it helped pushed crypto mainstream, it simply is not a sustainable standard for tx confirmations if the goal is a truly global scale.
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interesting content. really good
Thanks for checking it out!
Privacy coins are really the future in this day and age of endless authoritarian government surveillance. I've read the whitepaper and have been interested in this coin since it was listed on Binance. I am super excited to see what happens with this partnership!!!
I think blockchain projects really have integrations throughout all levels of society; but i cant agree more regarding surveillance. Having a good trustable privacy coin is a must these days. And all "businessey" stuff aside, the guys over at cloak are super cool guys from back when crypto was still small and they really held onto the original crypto values. If you ever have questions about the project let us know, we're here to help the community!
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Your Post is such a good one and the cloakcoin is am impressive project
proyecto innovador, mucho éxito!!
Nice
Tanks for this good Information
I like the technical analysis for CLOAK/BTC , i think is very accurate
Thanks for checking it out! We have a few other analyses on our page, as well as many more on tradingview!
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I have never heard about it. Seems be interesting.
Yes, check them out, especially now that they're listed on Binance and released the mobile wallet.
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