Topic: 📌 [ANN] 📢 [ICO] 💰 COINVEST 📈 DECENTRALIZED STOCK MARKET FOR CRYPTOCURRENCIES 📊 - page 46. (Read 66148 times)

Do ultility bill or any other statement has to be english ? I am asking for KYC .

I look forward to it ,, I hope this project runs smoothly

Hi nguyen linh!

It's the latter.  However, Coinvest collateralizes the investment using our reserves so you no longer have to worry about storing or transferring the assets themselves.  Similar to the stock market, when you purchase Apple stock you do not receive the physical stock certificate... however, the value is retained in contract.

Coinvest employs two reserves.  Our COIN reserve is held inside of the smart contract.  25% of our token supply is immediately deposited into this reserve for instant liquidity to the network.  Losses from user trades are also deposited in the COIN reserve.  The COIN reserve can accept deposited funds but does not support withdrawals from any third-party including Coinvest.  It is located inside of and managed solely by the smart contract.

The secondary reserve backs up the COIN reserve to provide contingency.  50% of the funds raised from our tokensale goes into the second reserve.  The secondary reserve contains the actual cryptonized assets that mirror 1:1 or outpace cryptocurrencies being traded on our platform.  We will purchase assets through our relationships with exchanges and brokers and store the assets securely in cold hardware wallets.

In our public quarterly earnings report, we will list the wallet addresses and amounts of our reserves for complete transparency.

 

If I create an index with 10 coins if I wish to replace 2 coins with another 2 new coins how much am I supposed to pay fee..$20 for buying and selling 4 coins or $10 for executing one buy and sell trade?

I suppose, Coinvest will be able to collect hardcap in a short period thanks to the great popularity. So I am looking forward to February 16, the events will develop rapidly from that moment.

Hello when a user makes a purchase of an asset or fund with COIN is the smart contract using a decentralized exchange to actually purchase the backing tokens? Or is the smart contract calculating the growth virtually and paying out of the reserve fund?

Hi bakst2!

Our hard cap is $30M.  The average investment interest amount for those that have registered is approximately $7000.

The Max token supply is as follows: Coinvest is creating a total fixed supply of approximately 107 million (107.142.857) COIN tokens, distributed as follows:
4%:  Private Whitelist Reserve (Including Bonus)
45%:  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
Hardcap of Coinvest ICO is $30 millions USD!

Hard cap Coinvest is millions usd. I think the project will collect the hardcage pretty quickly. In the telegram there are active discussions, the project gained popularity.

Ans what is the hard cap? Just want to know these 20k people how much should be the average?

We had a great time meeting Jonathan, one of our community members in NYC! We are planning community meetups in various cities across the world soon. If you would like for us to come to your city, please let us know.

hopefully can help this project is very good indeed

if you do not understand about this project please look at the WHITEPAPER  here https://docs.google.com/document/d/1ePI50Vd9MGdkPnH0KdVuhTOOSiqmnE7WteGDtG10GuE/edit

I also participate for this project hopefully I can help

i am happy not miss this great news , hope AMA  to be released as quickly as possible.

Good news!!

Our AMA with OhHeyMatty and our Founder, Damon Nam has been rescheduled to this Friday, February 9th on his YouTube channel.  We'll be publishing our own AMA soon to keep you informed and updated on Coinvest.

Our Directors, Damon Nam and Byron Levels, will be in NYC this week to meet with our advisors Pete Cashmore, Kendrick Nguyen, and our legal counsel from Olshan Frome Wolosky. We enjoy staying connected and meeting new members in our community. If you are in Manhattan, let us know!

Our AMA with OhHeyMatty and our Founder, Damon Nam has been rescheduled to this Friday, February 9th on his YouTube channel.  We'll be publishing our own AMA soon to keep you informed and updated on Coinvest.  Stay tuned!

I've read all about this project especially here
https://coinve.st/
very interesting and very nice

this is indeed a very interesting project very good to invest in this project ,,
  thank you