Ico Start Date: 09-Mar-18
Ico End Date: 06-Apr-18
Coinvest is the world’s first decentralized stock market for cryptocurrencies. Coinvest empowers anyone to virtually invest in individual or a curated index of cryptonized assets through one coin. Coinvest is creating a future where users have one platform, one wallet, and one token (COIN), that enables anyone to create a digital investment portfolio to invest in multiple cryptocurrencies. Thereby reducing the cost, risk, and complexity associated with investing in cryptocurrencies on centralized exchanges or investment funds. Centralized third parties that are often needed in traditional investment use cases are replaced with smart contracts that act as autonomous agents and programmatically compensate all users, investors, and owners within the entire Coinvest ecosystem.Investment
Coinvest, an emerging startup comprised of Microsoft alumni, is announcing that it will offer a crowdsale of $30 million in COIN tokens to seed the world’s first decentralized stock market for cryptocurrencies, built on blockchain technology. Crowdsale funds will be leveraged to continue the development of its products and drive the company’s mission of:
“Creating decentralized tools for the world to seamlessly, securely, and safely invest and use cryptocurrencies.”
Frustrated with the complexity, fragmentation, and quality of cryptocurrency investment options available on the market, Coinvest is determined to democratize cryptocurrencies by creating tools to:
Provide mechanisms for consumers to seamlessly, securely, and safely invest and use cryptocurrencies
Empower anyone to create investment vehicles for a personally curated index of cryptonized assets using one platform, one wallet, and one coin At the core of its product portfolio is the Coinvest protocol: A blockchain protocol defining investment transactions between users and the Coinvest smart contracts. Supporting the protocol is the Coinvest DAPP. The Coinvest DAPP, empowers anyone to virtually invest in individual or a curated index of cryptonized assets through one coin. To do so, users create virtual portfolios and trade their favorite cryptocurrencies using market buy, limit buy, sell, and short orders. Orders are executed with the COIN token which are sent and held in escrow by the Coinvest smart contract. The Coinvest DAPP and smart contracts keep track of all investment data including assets, distributions, etc. Upon executing sell orders, the smart contract releases invested funds and any profits back to the Coinvest DAPP. Users can then spend cryptocurrencies directly from the DAPP using their wallet or Coinvest debit account. All transactions and funds are digitally automated by open-source computer code and are never touched or managed by any third-party.
Market Research and Feasibility Analysis Legal Diligence Company Incorporation
Initial Protocol Architecture, Design, and Development Token Protocol Audits Alpha Release
Token Offering Private Beta
Public Release Mobile Platform Support Debit Accounts Coinvest Wallet API’s
Not a new idea. Many competitors in this space. I think the name alone will give them traction.
Investors definitely need a tool like this. They have assembled a good team of contract and other engineers. However as yet the product is unproven for the public eye as yet.
Yes, we really need a single wallet for multiple cryptocurrencies. And product alpha already released. I like this project.
stock market, multiwallet..., born old.
I really like this project! Great job on the concept! Cryptocurrencies need to be seamless and easy for mass adoption. One platform, one wallet, one token to give you access to an abundance of different cryptocurrencies is definitely a great vision.