I'm here to place my views on CLOAK.
CLOAK coin is full of bull shit.
1. CloakSend - The anon transaction feature promised deadline (06/12) just passed and the dev comes up with a demo web page update now. Technical details presented in the demo confirms its almost a scam. It's straight copy from Pink coin.
2. CloakTrade - Buy & Sell Cloak for BTC to be implemented directly inside wallet as per dev - what a load of BS !!! Implementing a Bitcoin exchange within the wallet is almost impossible.
3. CloakDocs - Ability to send document from one client to another. - What? why do we need this? Gimmick
4. CloakPay - Automated subscription payments - Users will be able to benefit from allowing users to enable subscription payments for any type of service, accepting CLOAK payment method - Gimmick
5. CloakTalk - encrypted messaging - unbelievable !!
I feel Cloak is a scam. Caution.