Basic Concept
With the increasing interest of the global population in the opportunity to invest in the cryptocurrency market as well as the constant financial and knowledge constraints of the same segment, Coinseed has developed a solution to provide services to this platform which will allow them the opportunities to invest in cryptocurrencies with the elimination of any barriers on a micro level via its platform regulated by its cryptocurrencyPresale ICO
Coinseed had held its presale ICO period in the last months of 2017. It had allocated a total of 1.5 million of the total of 10 million tokens generated to its pre sale investment round. The rapid sale of these tokens indicated both the popularity of the idea in the eyes of the general public as well as the success of the investment round. All of the tokens were sold increasing the financial value of the company to a total of 3 million USD before its major investment round. The company had accepted payments in all of the major cryptocurrencies including Bitcoin, Ethereum, Litecoin and Dashcoin and will continue this strategy in its ICO period. According to the bounty program provided by Coinseed, all of the investors based on the coins purchased, received a certain bonus of 10-25% on their investmentsInitial Coin Offering
Due to the massive success of the presale period, Coinseed has decided to limit the period of its initial coin offering round to one month. This will last between March 20 2018 to April 20 2018. According to the rapid sale of the tokens in the presale round it is better not to delay the decision to invest in the CSD tokens. This is also supported by the reason that out of the 10 million total tokens generated by the company , only 2.5 million tokens are allocated for sale in the ICO period. With the investments provided in the ICO period the company has indicated to expand the reach of its platform to other countries as well as improve the technology of its platform and mobile applications. Further intended developments also include the development of a legal structure as well as a insurance program to protect the assets owned by its token holders. Like the pre sale ICO period the company will receive its investments in all of the major cryptocurrency coin forms including Bitcoin, Ethereum, Litecoin and Dashcoin to ensure maximum security as well as minimize the volatility in the asset price and investment receivedCSD Token Information
It is essential to generate its own cryptocurrency to regulate the assets owned on a mirco term for its users, Therefore Coinseed has come up with its own cryptocurrency. This coin will be regulated under the ERC 20 smart contract and be operated by the Ethereum blockchain network. A total of 10 million coins will be generated by the company which is very limited when conserifn other cryptocurrencies like Ripple which has produced billions of units of its cryptocurrency. Furthermore, the token distribution set by the company is fair considering the perspective of its diverse distribution of tokens amongst all the parties involved. This includes a 15% of the tokens allocated to the pre sale ICO and 25% of the tokens for the ICO. Furthermore the management of the Coinseed team is also given a share of 20% of the total tokens generated. Like the management, the proivate investors of the firm are given 20%. The bounty program and the advisory board of Coinseed are each allocated with 5% share in the tokenized assets. The company also aims to distribute a fraction of the total tokens with the white hat hackers, who will increase security of the system by software penetration testsWebsite = https://www.ico.coinseed.co/
Whitepaper = https://s3-us-west-2.amazonaws.com/coinseed/ico/Coinseed-Whitepaper.pdf
BitcoinTalk Link = https://bitcointalk.org/index.php?action=profile;u=1976660
0 comments:
Post a Comment