Hello, members of the great community, i present to you a decentralized investment trading market for Cryptocurrencies. Below is a detailed post about COINVEST, explaining the concept of the project.
Coinvest is the world’s first decentralized investment trading market for cryptocurrencies.
Coinvest empowers anyone to virtually invest in individual or a curated index of cryptonized assets through one coin.
Coinvest is a trading platform (and market maker) where users make investment transactions and redeem profit from trades through a process that is completely decentralized and handled by smart contracts.
Founded in 2017, Coinvest is a legal for-profit company in the United States of America. The company operates in civic good for the blockchain and open-source communities, while obtaining a $4.99 trading fee upon any order within an investment portfolio.
This is significantly lower and more predictable than the fees incurred with competing exchanges. For example, popular exchanges charge anywhere from .25 - 3% on all transactions regardless of amount or volume.
As a result, a $5,000 order and 1% fee can result in an expense of $50. Wallet API’s, future Apps, and the planned Coinvest exchange will enable additional streams of revenue. As more users leverage Coinvest’s protocol and the tools mentioned above, the ecosystem grows and transaction volume organically increases in parallel.
Transaction revenue models for the financial services industry have proven to be effective and financially rewarding. For example, quarterly commission revenue for E-Trade exceeds $400M annually.
Supporting millions of transactions through COIN token smart contracts becomes a lucrative return for Coinvest’s business, token asset holders, and the overall community The different between Coinvest and Exchanges is that Coinvest is a trading platform and a market maker which is completely decentralized.
With regards to high traffic and corrections in price in the cryptocurrency market, trading and delayed withdrawals have been paused (halted) on their exchange. Individual investments will not be able to be sold by users and simultaneously, user funds are illiquid as at that time.
On deployment of codebase at Coinvest, no third parties will stop you from executing trades and spending your funds. The autonomous smart contracts mange and supervise all decisions which are basically dependent on computer code and mathematical equations.
Held in the smart contract itself is the invested funds held in escrow and the backed up by the COIN Reserve which allows a safe, secure and free management and spending of investments.
Visits the official website
Many service industries are led by older incumbents that are new to blockchain technology. As a result, convenience and simplicity are necessary in all applications and blockchain related use-cases.
Coinvest has taken these factors into consideration upon developing its platform, token, and overall product roadmap. Ultimately, solidifying Ethereum as the platform of choice for its token issuance strategy.
With the community’s large and extensive support, Coinvest and the Coinvest protocol can ensure alignment with the latest developments and future roadmap for the Ethereum platform.
Ethereum is an open-source platform that facilitates the development of next-generation decentralized applications. Smart Contracts are a way of transporting anything of value — money, shares or data — without an intermediary.
Thus enabling additional functionality to allow protocols to self-administer and self-execute specific instructions based upon conditions pre-programmed into the contract itself. Coinvest has been rated positively by many blochchain and cryptocurrency expert Coinvest gets 5 ratings from trackico
Coinvest gets 4.4 ratings from icobench
You can read more about the project from the whitepaper COINVEST COMES WITH A LOT OF FEATURES WHICH MAKE IT UNIQUE AND DIFFERENT FROM OTHERS. Simplicity Investing in cryptocurrencies today is an extremely difficult and a intensive process. Exchanges require KYC authorization which can take hours (if not days) to validate. Coinvest legally bypasses the KYC process as there is no exchange in fiat currency, assets, and as the Coinvest smart contract is the custodian of your deposited funds.
Convenience Securely storing cryptonized assets is imperative but not trivial. Some coins and tokens have different standards and require different wallets. As a consumer, you have to choose between different wallet options (such as hot, cold, paper, etc.) depending on your risk appetite. Storing assets yourself is feasible for some; however, complicated and risk hacking and user-error. With Coinvest, there is no storage of investment assets as all portfolios are completely digital.
Function Prices in cryptocurrency can be extremely volatile. Acquiring assets at the wrong price and time can be the difference in gains or losses. There are currently limited investment options that empower users to execute flexible buying options such as shorting and price limit orders. Coinvest is one of the first in the industry to offer this functionality.
Diversification Unlike current exchanges, Coinvest offers index funds containing a portfolio of cryptonized assets related to components such as market capitalization, industry, etc. The index funds enable users the ability to invest without individually and actively purchasing assets themselves. Meanwhile, providing broad market exposure, low operating expenses, and low portfolio turnover.
Autonomy There are currently no investment vehicles that enable investors to curate and invest in an index of cryptonized assets created by themselves. Current investment, index, and mutual funds are managed by third-party asset managers and offer no flexibility and control of the fund itself. Personal curated index funds on Coinvest empower users to control the assets, distribution percentages, rebalances, and withdrawals of their own individual fund.
Decentralization and Security Investing in cryptocurrencies require sending funds direct to an exchange or investment fund (which inherently creates centralization and high risk as they are the custodian of your funds).Coinvest does not accept any funds (fiat, cryptocurrency, etc.) or payments direct from users. User funds are held in escrow and controlled by the Coinvest autonomous bot (computer code) within a smart contract in the Coinvest protocol.Users can withdraw funds or close their positions at any time and obtain distributions automatically via the Coinvest smart contract. The Coinvest investment process requires no human involvement or interaction.
Backed Collateral All investments made through the Coinvest platform are backed by the cryptonized assets themselves. To ensure liquidity, Coinvest employs two reserves. (Please refer to the Coinvest Reserves section in this document for more detailed information) Investments will only be executed based upon available assets in the reserve, ensuring the security of all users. A percentage of company revenue is allocated for additional purchases to increase liquidity and scale the reserve in relation to growth.
CROWDSALE /TOKEN DETAILS AND SPECIFICATIONS. Symbol : COIN Token Supply : 75,000,000 Value : 1000 COIN = 700 USD Blockchain Platform : Ethereum (ERC20) Network access; Store of Value, Unit of account; Means of exchange; Record of investment.
5% - Pre-Sale Reserve (with bonus): 3.750.000 45% - Crowdsale Reserve (with bonus): 33.750.000 25% - COIN Reserve (held in Smart Contract): 18.750.000 10% - Ecosystem Development and Partnerships: 7.500.000 15% - Employee and Advisor Option Pool to Recruit and Retain Talent: 11.250.000
Furthermore, funds raised from crowdsale will be distributed as follows to Coinvest Secondary Reserve, Development, Marketing, Operations, Administrative and Legal; 50% - Coinvest Secondary Reserve 30% - Development 10% - Marketing 10% - Operations, Administrative and Legal.
Crowdsale Purchase Details
COIN tokens are being priced as follows: Pre-Sale ------------ 1250 COIN = 700 USD Crowdsale ------------ 1100 COIN = 700 USD Market ------------------- 1000 COIN = 700 USD Crowdsales ending on march 9 2018
GREAT TEAM MEMBERS BEHIND COINVEST. The Coinvest team is assembled from a diverse team of technology (Microsoft, IBM, Adobe, financial, and blockchain industries. All core team members are located together in Dallas, Texas in the United States and the founders of the company are focused on Coinvest full-time. Unlike many crypto startups and organizations, we are not anonymous. We are humans with an identity, just like you. And just like our mission, we are proud to be transparent about our experience, history, and accomplishments. Damon Nam is the team lead. This is the full list of the team members.
Damon Nam: Founder and Executive Director
Byron Levels: Technology Director
Taylor Rieckens: Business Development Director
Ramiro Galan: Creative Director
Umar Irshad: User Experience and Interface Director
Kevin Huynh: Analytics and Operations Director
Mark Ayad: Finance Director
Kim Huynh: Marketing Director
Ben Tossell: Community Director
Dexaran Derat: Blockchain Engineering
Robert Forster: Blockchain Engineering
Alexander Kravchenko: Engineering
Elena Chizhova: Engineering
Dmitriy Golovchenko: Engineering
OFFICIAL LINKS:
- username : jhonwick007
- my eth : 0x2032f0E6Ae5538014a02a333a456617ABABe5F77
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