[Fake] Wrapped COINBASE Crypto Coin Rank 3428
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Full Name
[Fake] Wrapped COINBASE
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ICO Status
[Fake] Wrapped COINBASE ICO Details
Fund Raised (BTC)
4,096,815 USD
Fund Raised (USD)
4096815
Start Price (USD)
0.636363636
Security Audit Company
N/A
Coinvest is an investment trading platform that empowers anyone to invest in multiple cryptocurrencies and index funds all through one COIN. Similar to derivatives, users trade the value of the underlying asset without requiring the need to hold the assets themselves. Investment portfolios are fully collateralized by Coinvest reserves and managed by autonomous smart contracts. COIN is an ERC20 / 223 token based on Ethereum and is the fuel to execute trades through the smart contracts.
Team:
- Damon Nam: Founder and CEO
- Byron Levels: Technology Director
- Taylor Rieckens: Business Development Director
The Coinvest ICO will start on the 9th of March and it will last until the 6th of April 2018. The ICO token allocation is 49% of the total token supply and will be available for $0.64 USD starting price. The ICO funding target is set at $30M
Token Reserve Split:
5%: Private Whitelist Reserve (Including Bonus),
44%: Crowdsale Reserve (Including Bonus),
25%: COIN Reserve (Held in Smart Contract),
10%: Ecosystem Development and Partnerships,
16%: Employee and Advisor Option Pool to Recruit and Retain Talent
The Coinvest ICO features a bonus and bounty campaign.
Bonus Structure:
Private Whitelist: 25%,
February Crowdsale: 10%
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