#CrypToLock - The crypto To Lock
##By TeamCreed for PLI Blockathon - 2022
Crypto lock is a simple smart contract thatenables the users to lock the Trade of Crypto for a specified period of time. The main objective tis to satisfy the crypto users by leading to higher profits in the future.
##Inspirtion 💡:
Frequently, We come across people who invest in cryptocurriences and failing it to do it in a long term manner. So, people are not getting their profit that execeds their margin amount. Our team aspiring a solution for rectifying it by creating the CrypToLock .
##What it does :
We created a time lock smart contract would be a wallet that would keep your crypto assets locked for a certain amount of time. 1 That means you won’t be able to withdraw your crypto assets even if you want to do . 2 We can use such wallets for multiple reasons. 3 One of the biggest applications of this time lock wallet is to prevent you from selling your crypto assets on the crash of the market. 4 When the market crashes people tend to sell their crypto due to the fear of losing all their invested money. 5 But we all know that if we want to make some really high profit in crypto we need to be able to hold it for a very long time. 6 One way of doing this is to lock your crypto in a time lock wallet. In this way, you won’t be able to withdraw it for a certain amount of time. 7 This feature will also allow you to turn transfers on and off to prevent snipe bots, attacks.
###How we built it 💻:
We built our CrypToLock using 1 solidity 2 HTML 3 CSS
##Challenges we ran into 👊:
We were completely new to this field . As beginners ,we faced many errors in our progress such as creation of suitable smart contracts. We learnt that building a smart contract is not an easy task never ending process of adjusting small bugs.
##Accomplishments that we're proud of 🏅:
We are proud of contributing useful solutions to the crypto-ecosystem.
##What we learned. :
We learned how to use Gas efficently for the block chain transaction.
##What's next for
Our aim is to upgrade our CrypToLock as a plugin which will be suitable for all kind cryoto based Applications .