Coinvest — Change Of Investment in Some Cryptocurrencies Into a Process That is Easy and Convenient

Coinvest — Change Of Investment in Some Cryptocurrencies Into a Process That is Easy and Convenient

the financial experts still cannot reach an agreement whether cryptocurrencies are an asset, or a potential means of exchange, or neither of that, in reality the investments and trade in cryptocurrencies are in full swing. Trade of cryptocurrencies similar to the trade on the stock market became an occupation for many, so whatever cryptocurrencies are, the fact is that at the present moment the financial activities related to them bring real profits. Plus recently cryptocurrencies also took on the characteristics of quickly increasing in value assets.

Without getting into deep details about their real asset value and their prospects to become widely accepted as means of exchange, let’s focus on the fact, that currently trade in cryptocurrencies is a technically complex process involving risks. First of all, there are many cryptocurrencies on the market each of which is manipulated via its own wallet application and set of keys. It adds to the existing problem related to the safe-keeping of private keys. They cannot be stored in the cloud or at any third-party server because the exposure of private keys to the Internet immediately puts the owner’s possessions at risk. So they can only be stored on the owner’s hardware and this hardware, in turn, can be damaged or stolen, in which case, all the crypto-savings evaporate as well. In addition, the exchanges are also subject to risk, there were multiple precedents when the crypto exchanges were hacked, and the significant amounts of funds were stolen. These and other problems are magnified for the people who try to maintain a portfolio of different cryptocurrencies.

Coinvest offers a way to turn the investment in multiple cryptocurrencies into an easy and convenient process. To draw an analogy with the stock market Coinvest presents something similar to E-Trade platform; it acts as a broker between the investor and cryptocurrency market, taking the burden of both technical complications related to operating with cryptocurrencies and risks associated with trading on exchanges. The user operating through a single app provided by Coinvest can gather a portfolio of various cryptocurrencies without bothering about KYC authorization on exchanges, risks associated with sending funds to the centralized third-parties, and other inconveniences. All the operations between the investor and Coinvest platform are conducted within a Smart Contract and recorded on the blockchain. Moreover, the platform doesn’t receive any funds or payments from the users directly. All the funds are held in escrow and controlled by Coinvest autonomous bot, operating within the Smart Contract. The system also helps investors to navigate the volatility of cryptomarket allowing them to find the best investment options. As a cherry on top, there is also a debit account linked to Coinvest wallet, allowing users to easily spend their crypto holdings.

BOUNTY OVERVIEW

Coinvest has reserved 300.000 COIN tokens allocated for our bounty campaigns to reward our supporters.  The distribution will be broken down as follows:

Distribution of Rewards:

• Social Media Campaign: 40% (120.000) COIN tokens
• Signature and Avatar Campaign: 20% (60.000) COIN tokens
• Communications Campaign: 15% (45.000) COIN tokens
• Content Campaign: 10% (30.000) COIN tokens
• Bug Bounty Campaign: 15% (45.000) COIN tokens

Note:
Full bounty payments (token distribution) will be issued no more than two weeks after the end of crowdsale. Bounty will be divided among the participants proportionally to the amount of their stakes. Users must have an ETH ERC20 compatible wallet address to be eligible and accept COIN tokens.

Calculating Stakes: 

(Total COINS for Bounty / Participate Stakes for Bounty) * Individual Stakes

For example, if you took part in the Social Media bounty campaign and received 50 stakes while the community participation for the Social Media bounty was 2364 stakes, then your formula is:

(120.000 COIN / 2364 stakes) * 50 stakes = 2538 COIN

Receiving Rewards: 

The total bounty pool is 300.000 COIN tokens to be distributed. If the Coinvest crowdsale does not reach the minimum goal of 1M USD (3.333 ETH) raised, all COIN tokens are automatically burned by a smart contract and the bounty will be considered void.

Following the crowdsale, stake data will be calculated and distributed in accordance to the following schedule:

• First quarter after end of crowdsale - 25%
• Second quarter after end of crowdsale - 25%
• Third quarter after end of crowdsale - 25%
• Fourth quarter after end of crowdsale - 25%

This payout system has been devised to help protect the value of COIN by preventing mass selling once COIN is listed on exchanges.  This also ensures bounty participants have ample opportunity to observe the execution and performance of the company during the first year.

For more information about the project, please follow the links:

WEBSITE : https://coinve.st/

TELEGRAM : https://t.me/CoinvestHQ/

TWITTER : https://www.twitter.com/CoinvestHQ

FACEBOOK : https://www.facebook.com/CoinvestHQ/

BLOG : https://medium.com/@CoinvestHQ

Bitcointalk username : Ghaniindependen

My Profile Bitcointalk :

https://bitcointalk.org/index.php?action=profile%3Bu%3D1318272

My ETH wallet:

0x1a505ccE73B679996E68Bf954334c098f21F1dDB