Topic: 📌 [ANN] 📢 [ICO] 💰 COINVEST 📈 DECENTRALIZED STOCK MARKET FOR CRYPTOCURRENCIES 📊 - page 54. (Read 66148 times)

Hi Dev. How are you calculating that the reserves are smaller?  Unlike many other startups that use a large percentage of raised funds for who knows what... 25% of our total token supply is immediately put in the COIN reserve in the smart contract.  ADDITIONALLY, half of the funds being raised are used for the reserves as well.  With our buybacks (that also go into the reserve) and investor trading losses going into the reserves... the reserves should big significantly larger than user investment portfolios.

Thank you but we do not require german translators for our business at this time.

The power of We! Brock Pierce from Blockchain Capital summarizes the characteristics of our community perfectly in this video:  https://t.co/ApskSgmHoZ. Since publicly announcing 5 weeks ago, we have organically grown to 1.4K in Telegram, 1.3K in Twitter, 700 in Facebook, 31K views in BCT, and 5M committed in our whitelist. We sincerely thank you for your interest and support.

At the core of our success is not our team or technology, but the community of users, investors, and fans that support our ecosystem. We look forward to reflecting back on this in the next 5, 10, 20 years after becoming a household brand in this new blockchain revolution.

Thank you for your interest and support BCSHonda!

Our random lottery selection process for the private whitelist will occur next week. From there, we'll open up the private whitelist for contributions on the week of 12/25 or 1/1. We will contact registrants via email in advance to keep them updated so that it's clear when and how you can participate if selected.

Hi!  As you find in our whitepaper, we have two reserves.  The first reserve is our COIN reserve and houses all of the COIN that will be distributed as profit for the network.  The Second reserve will be actual cryptonized assets mapped to what users are trading on the platform.  The business has been architected to never even deploy the use of the second reserve.  Only unless in the event of worst case scenario.  Suppose every trader has profited and decides to liquidate at the same time.  If that amount happens to exceed the first reserve, then would the second reserve be deployed.  Even in that case, the second reserve would have had the same or similar holdings to those in the user portfolios that the system is still liquid and we could replenish the first reserve again.

Here are six reasons why we forecast we would never even hit "worst case scenario":
1)  Please also note that COIN losses from unprofitable trades go to the COIN reserve
2)  We will implement trading pairs and match buy / sell orders (Which derisks the platform because orders then wash each other)
3)  Trading markets usually have probability (odds) that are around 50%.  So that naturally creates a balanced profit / loss market to always ensure that the reserve is liquid.
4)  We will have a secondary reserve in place to backup the COIN reserve that can mirror or outpace trades on the platform
5)  We will have trading limits to protect the network in the case of large swing orders
6)  Our profit model enables us to buyback and replenish the COIN reserve as needed

Unlike many other startups that use a large percentage of raised funds for who knows what... 25% of our total token supply (15M COINS) is immediately put in the COIN reserve in the smart contract.  ADDITIONALLY, 50% of the funds being raised are used for the reserves as well.  Assume we hit our full raise of $33M, that would be 16.5M.  Suppose we don't hit our full raise, any unsold tokens go into the COIN reserve.  With our buybacks (that also go into the reserve) and investor trading losses going into the reserves.

On day one of opening our doors, that's quite of bit of liquidity.  We will also scale the platform alongside its growth.  As previously mentioned, we will deploy user and trading limits to ensure the network is operating correctly before opening it to the world or putting any liquidity pools at risk.

You need a German translation for your ANN thread in the german local?

regards

Dev I have a question. I submitted my info on whitelist too. So if there are too many people that you need, how will you choose? First come first serve ? Or lottery like?

Greetings Coinvest community! We are going to start a AMA video series at the beginning of the year to answer any questions that you may have regarding our technology, team, and overall business. Please use this form to begin submitting your questions:  https://goo.gl/MKEZ7k

Hi, interesting project.

Can you list some worst-case scenarios for when COIN prices fall or spike sharply, and how you plan to ensure people who have made fiat or BTC gains through their virtual portfolio are able to realize those gains even though they are withdrawing in COIN, which may become an issue given the fiat or BTC price is now much lower or higher than that of the initial COIN investment?

Specifically, are there any cases in which the primary and secondary reserve can fail, or would you say it is 100% foolproof?

Thanks

🚨 To our community and potential investors:  We are gaining traction and interest in our upcoming crowdsale. As a result, we are starting to observe others trying to take advantage of this momentum for their own benefit. From forking our code, fake ad listings, and more. Please note that we have not begun any offering to accept any outside investment. Any sites claiming to allow the purchase of COIN such as https://www.tokenlot.com are fraudulent and should be reported to us at [email protected]. Please follow our website, social media, or Telegram for the latest updates from our team. As always, we thank you for your support. 🚨

ATTENTION:  

We have updated the price for our COIN token given the continued rise in ETH.  Please read about the details here:  https://goo.gl/24MWWG

In summary, our conversion rate will be aligned to USD and the market price upon listing will be $.70.  Bounty participants through week five will receive an additional 1.5 times in stakes to accommodate the price differential from when we started the campaigns.

Hi pakupayung!  The bounty will run through our crowdsale in February.

As noted in our bounty thread, 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.

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.

If you have any questions or concerns, please contact [email protected].

This is great thank you!  We appreciate the support and will help spread the word about Cheddur!

If you haven't reported your bounty results and actvity for week 5, please do so as we will be calculating / updating soon.  Thanks for your support!   

We love our community! Check out some of the videos of what people have said in their review of Coinvest:
-  James Bull:  https://goo.gl/Dru9Lr
-  Viva La Crypto:  https://goo.gl/MKyRQK
-  Cryptolife (Russian):  https://goo.gl/nV6QBK

Thank all of you for your continued support!

Hi Texasman86 - That's correct.  To protect our users and the Coinvest business, our securities filing would limit our main crowdsale to accredited investors only if you are a resident of the US.  This would only apply to pre-sale and main sale and not the private whitelist.

based on the legal update, it appears that you are noodling with the decision to limit US investment to accredited investors only... Is that the case?

Thank you lonesome stranger! We certainly hope so too.

I’ll also pass along your feedback to our bounty manager.

Great news!!! it shows us once again the respect and confidence that you have for the community, and I know that community will respond you the same way! By the way, you have the most well-ordered bounty spreadsheet, I have seen so far, bounty admin is doing a great job! Congratulations once again

Since publicly announcing four weeks ago, we have received strong interest from the Coinvest community. As a result, we are on pace to exhaust all available presale tokens before our planned public presale in January. Our strategy is to limit our private whitelist contributions to our community (versus large funds) in order to ensure distributed ownership at our early discount stages (regardless of contribution size, wealth, preference, etc.). We hope that this demonstrates our commitment to support our community first. For those that have registered for our private whitelist offering, look forward to additional communications soon.