ICO
CoinMetro - One-Size-Fits-All Fintech Platform

2018-02-05 11:26:16
by Dominic Brown
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The digital economy is maturing and blockchain technology is changing the way many industries do business. The financial sector is leading the way in blockchain and digital assets.

Technology Overview

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The digital economy is maturing and blockchain technology is changing the way many industries do business. The financial sector is leading the way in blockchain and digital assets. While some potential uses of blockchain technology may be years away, the digital economy is already here. The industry needs a bridge between traditional and emerging asset classes. Experienced traders have teamed up with experienced developers to build this bridge.

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Designed for mainstream adoption, the CoinMetro platform will be an all-in-one solution for crypto geared towards maximizing client value. CoinMetro aim to deliver a rock-solid, user-focused framework that offers unparalleled mobility between blockchain based digital assets and traditional markets. The CoinMetro Ecosystem will include a fast, intuitive exchange, a feature-rich trading platform offering unique digital asset investment opportunities, and a turnkey ICO Express solution. All services will be accessible via a streamlined web application with an easy to use UI, fully integrated with industry-leading blockchain platforms. CoinMetro will price all services using their own digital ERC20 utility token, called COIN.

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Working in tandem with FXPIG, CoinMetro plans to offer a wide range of services previously unavailable from a single entity. A scalable, user-focused environment will let new traders invest in cryptocurrencies with a few clicks on the exchange, while their trading platform will be equipped with a robust tool-set, designed to meet the needs of professional investors. The team’s vision for the CoinMetro ecosystem encourages growth and collaboration, intending to provide companies with a turnkey ICO Express solution to undergird project development. By establishing stable banking relationships CoinMetro aspires to offer fast and secure payment processing in both cryptocurrencies and fiat. In addition to a full spectrum of familiar features, CoinMetro plans to implement a unique rewards program for COIN purchasers and custom trading solutions, carefully configured to fit the contours of the digital asset economy.

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Token Overview

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There will be a total supply of COIN of 500,000,000 with a distribution of 50% through token sale, 20% Liquidity, 10% CoinMetro team & shareholders, 7.5% community rewards,  2.5% advisor compensation and 10% public pre-sale. This allotment of COIN is intended to be locked for the first 6 months after the date of distribution, and will be vested over a period of 24 months. CoinMetro team members will receive 25% of their tokens 6 month after the date of distribution, and subsequently receive 25% every 6 months.

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A maximum of 7.5M will be paid to FXPIG for their support of CoinMetro, their inclusion in the Token Buyback Program, and to support the shared development of blockchain trading technologies between the CoinMetro and FXPIG.

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Token sale start date is February 21st 2018 at 21:00:00 UTC. During the period of the token sale, the price of each COIN will start where the pre-Token Sale left off up to a maximum initial price of EUR 0.11 per COIN if all 50 million COIN were sold out during the period of the pre-Token Sale. If the number of COIN sold during the pre-Token Sale does not reach 50 million, the price of COIN during the Token Sale will begin at the price where the pre-Token Sale ended and it will follow the pre-Token Sale softcaps until the total 50 million COIN are sold. This price will increase by EUR 0.01 each time the Token Sale hits a 50 million softcap. The Token Sale hardcap is set to 300 million COIN, including the 50 million COIN allocated to the pre-Token Sale.

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Team Overview

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Each core member of the CoinMetro team comes from an enterprise-level background in the financial sector and related fields. Their vision is based on the foundation of having already built a successful business in this space, and the desire to create a bridge between existing institutions and the digital asset ecosystem. While blockchain technology is undoubtedly going to change the way many people do business across many industries, they believe that basic business principles still apply when developing consumer applications in the blockchain space.

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Cambridge University‟s 2017 Global Cryptocurrency Benchmarking Study, by Dr. Garrick Hileman & Michel Rauchs, concludes that “...for cryptocurrencies to be useful to users they cannot live in a closed vacuum, but require interfaces and bridges to the broader economy.” The CoinMetro team agree and they are uniquely suited to create this bridge. Rather than starting from scratch, CoinMetro plans to build on the foundation of an established presence in the fintech space, to seamlessly integrate traditional brokerage services with proven blockchain platforms and the growing digital asset economy.

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Kevin Murcko, this CEO was a crypto enthusiast before the term was even a thing. He brought transparency to Forex via his unique FXPIG brand and he continually pushes to close the profit gap between institutional and retail traders. FXPIG is not the largest FX broker, but that is by design based on his vision. It was created to change the industry, and it did just that. FXPIG brought transparency to the forefront and it started a growing trend of client-centric shops that actually focus on their client’s profitability rather than their losses. While FXPIG is still very unique in the FX space, it is proud to see the change it helped foster as it pushes through the industry. Kevin has always been a supporter of in-house tech development and FXPIG remains one of the few companies in FX to develop and trade on their own technology.

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Conclusion

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It is the vision of CoinMetro that newcomers to the digital economy will be able to get started with buying their first Bitcoin instantly through their simple, supportive platform. Professional traders will enjoy a fast, secure, and highly flexible environment that integrates familiar features into our digital asset ecosystem. CoinMetro will also plans to offer innovative investment models, such as their Tokenized Asset Management (TAM) platform and an Exchange-Traded Crypto Fund (ETCF) intended to give users access to one-click digital asset diversification options. All this makes CoinMetro a very promising entry to the fintech universe in 2018.

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