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.

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