Coinvest (COIN) is a decentralized trading market for crypto and one sign.
What does this mean:
This means from when using Coinvest you can buy DApp and their original coins DApp and their original coins. Coinvest will allow users to choose the crypto they want regardless of the blockchain they attach. No one will deal with a trading partner, just one point and click mechanism to choose a virtual emergency crypto to buy with COIN.
Virtual Cryptocurrencies:
Yes, it sounds strange and futuristic but that's what keeps everything working. In order to buy the entire portfolio of cryptourrency with a single transaction, Coinvest created a system using what they called a criticized asset. Let's say the buyer makes a portfolio:
Traditionally buyers should visit the stock exchange, buy BTC or ETH then trade for OMG and ACT. The user should then store it in the appropriate wallet.
By using Coinvest, buyers will use DApp to create smart contracts that have $ 20 COIN but track down the real-world value of OMG and ACT. Think of it like creating a digital index fund within a smart contract.
If investments rise in value (or down) and buyers want to withdraw, they will use DApp to pull their COIN (plus benefits) from smart contracts. If the user deploys a portfolio with 20 COINs and the underlying asset is twice the value then it will be worth 40 COINs to the user.
This cryptonized asset is supported by two COIN reserve funds that are constantly replenished. All investments made by users are secured by backup.
Coinvest Protocol:
The protocol is the core of the project, how the transaction information is recorded to the blockchain. When a user executes a trade and sends them COIN to an intelligent contract, the details are recorded to the blockchain.
Details stored in blockchain include trading time, user wallet address, index name, name of the criticized asset, asset price, asset allocation, amount invested and ultimately the time stamp of sale.
Smart contracts will provide a truly decentralized experience because the user funds are untouched by third-party APIs.
How this works:
These three main components of Coinvest allow the system to work. These components are:
Coinvest Dapp
App is a user interface that allows customers to:
-Investing in Crippy Individual Disorder
-Create and invest in a custom portfolio (collection) of cryptocurrencies
-Invest in index funds or managed fund of active cryptocurrencies.
- Track their portfolios
-RIP COIN
After selecting or creating funds, users will trade using COIN and submit it to smart contracts. The Coinvest application will include trading shorts, limit orders, and futures, margins, options and futures trading.
Reserved fund:
In order for users to trust the cryptoned assets, Coinvest has created two separate reserve funds so that all investments are fully secured (backed by real assets). This should minimize the risk of failure or unsuccessfulness of an undisclosed asset.
The reserves will be funded directly through crowdsale then using 75% of the company's profits to continue filling the ecosystem.
The first reserve is a liquidity pool (aka reserve COIN). A fully autonomous COIN reserve is managed only with smart contracts and the goal is to confirm investment, portfolio investment returns and distribute trading profits.
The second reserve is managed by asset manager at Coinvest and will provide additional collateralization, redundancy and insurance for investors. These funds can track a 1: 1 user investment or may lean and try to outperform the user's performance.
Let's put all this information together and see what happens when Jane wants to buy the index fund of cryptocurrencies.
1. Jane selects Top 50 funds in App Coinvest which invests equally with each of the top 50 coins.
2. He makes transactions using 6000 COIN ($ 5000 USD).
3. The assets that are remembered and deposited in escrow are deposited in escrow.
4. Increased asset prices (may go down as well).
5. He wants to collect profits so he pulls his COIN by using Coinvest App.
6. The Smart Contract pulls her COIN from escrow and the profits from the reserve pool and sends them to her wallet inside of the Coinvest App.
How Does Coinvest Gain Revenue?
Coinvest will charge a flat fee of $ 4.99 to be traded in the portfolio. Although the costs appear very low in similar products.
How to Get Revenue Coinvest:
Coinvest will charge a flat fee of $ 4.99 to be traded in the portfolio. Although the costs appear very low in similar products.
What are their competitors:
There are a small number of competitors in this field. None of the two mentioned a complete ecosystem like Coinvest because both focus on performing unique tasks well.
How about team and advisors:
The team is very strong with several Microsoft Alum including Founder Damon Nam (15+ years) and Byron Levels (Tech Director). One of the two leading blockchain engineers is Dexeran Derat, founder of Ethereum Commonwealth, who has worked on the BIP for the ERC-223 standard token. The rest of the resume teams are all impressive from a range of areas including marketing, data analysis and engineering.
A small advisory group with only three members but all of them are very impressive. Pete Cashmore is Founder and CEO of Mashable, Tony Scott is the US Chief Information Officer under President Obama and has worked with virtual security firms and VMWare, Microsoft and The Walt Disney Company. The newest members to the advisory team are Kendrick Nguyen, CEO of the Republic and a prominent figure in technology.
All team members have a comprehensive LinkedIn profile and many have a great history on the web.
What is COIN goal:
COIN (ERC-223) has many uses, all of which play an integral part in the Coinvest ecosystem.
-Create investment and portfolio transactions in Coinvest. (Access to protocol)
-Received assets from investment portfolio profits and investment fund index costs. (Value Store)
-Buy goods and services from trading partners. (Currency)
-Receive a% trading fee when a user uses your specially designed index. (Gift)
-Buy and sell on crypto stock supported. (Asset)
What's wrong with the ICO:
ICO consists of personal presale and crowds. Presale officially ended, oversubbed by 3.3x but the project made a total purchase of $ 3.3 million or 4% of total token inventory. The Crowdsale will start on February 16th.
This Crowdsale is a middle cap with a hardcap of $ 30 million. This places the total inventory value of approximately $ 75 million ($ 0.70 tokens price * token inventory amount) higher than the latest ICO but the project requires a high amount to create a reserve pool of usable liquidity. ICO funds and future fund distributions are as follows:
No white list but KYC required. Price per token for crowdsale about $ 0.63 including 10% bonus. The presale group received a 25% bonus and no locking. However, large strategic partners, teams and advisers have evidence provided over a 5 year period.
The token sale is trying to sell 49% of about 107,000,000 COIN tokens. All unsold token will be stored in the reserve liquidity pool. Token will soon be released but frozen until the end of the crowd.
Marketcap & Token Supply: This project sells 49% tokens during token sales that will generate marketcap $ 36 million (52,430,000 COIN @ $ 0.70 each) if no additional tokens are released at that time. The project is comparable to Covesting ($ 27mil) and Iconomi ($ 207 million). This token differs in character from the one discussed earlier.
We do not know what the market price or COIN likes to compare it with tokens for analytical fun.
The partnership for Coinvest includes names that aim to have a synergistic effect. The biggest names are the Enterprise Ethereum Alliance (see Team) and Civic. Civic is a well-known blockchain personal identity project, Oraclize is an oracle service that brings data from the web to DApps and Changelly provides easy (but sometimes costly) cryptocurrency exchanges. Partnerships are listed below:
ICO IMFOMATION
Token name: COIN
Token category: Token
Platform Token: ETH
Soft Cap: three, 000,000 USD
Hard Cap: thirty, 000,000 USD
Total Token: 107,000,000
Number of ICO tokens: fifty two, 500,000
Token Price: one thousand COIN = 700 USD
Bonus Token: twenty-five
Minimum purchase volume: one hundred USD
Mining protocol: POS
Crowd sale / Token Distribution
60M Total tokens
Token Name: COIN
Token worth: one ETH = three hundred COINs
Presale Cap one.2M
Five hundred presale bonuses
TEAM
Tony Scott: Previous congress of the Government of Yankee Industrial Organization, VMware, Microsoft and filmmakers
Pete Cashmore: Founder and Director of Mashable
This team is a light-emitting diode by Nam's friends, and also the whole team is showing their roles
Damon Nam: Founder and CEO
Bayroy Level: Director of Technology
Taylor Rieckens: Director of Business Development
Ramiro Galan: Director
Creativity Umar Irshad: Director and Program
Kevin Huynh: Director of Analytics and Operations
Mark Ayad: Director of Money
Kim Huynh: Director of Sales
Ben Tossell: Community Director
Dexaran Derat: Blockchain Technique
Robert Forster: Blockchain Technique
Alexander Kravchenko: Technique
Elena Chizhova: Engineering
Dmitry Golovchenko: Technique
Advisors:
More information you can see the link below:
