Topic: 📌 [ANN] 📢 [ICO] 💰 COINVEST 📈 DECENTRALIZED STOCK MARKET FOR CRYPTOCURRENCIES 📊 - page 70. (Read 66148 times)
November 21, 2017, 05:58:23 AM
I'm newlest but i want to invest some money in an ico project. In another ann thread i heard about KYC. Should I go through it in this project?
November 21, 2017, 05:39:38 AM
Wait a second, it's something like a crypto exchange? Do not you think that there is too much competition here?
This is not a currency exchange in the usual sense of the word. The project includes a multi-currency purse. Moreover, he has much more functions, as far as I understand
November 21, 2017, 05:21:44 AM
Wait a second, it's something like a crypto exchange? Do not you think that there is too much competition here?
November 20, 2017, 06:00:29 PM
Great! I will be waiting! Will the bounty campaign?
Thanks for your support GunsLair!
Yes, there is a bounty. Details are located here: https://bitcointalksearch.org/topic/bounty-coinvest-decentralized-stock-market-for-cryptocurrencies-2398996
November 20, 2017, 05:56:00 PM
Great! I will be waiting! Will the bounty campaign?
November 20, 2017, 04:31:25 PM
Hi Rocketron -
We are always open to any ideas that the community suggests including yours.
That's one of the reasons why we are electing to ensure our code is open-source. So that we can continue to get feedback from our community to improve and make this the platform that the users want.As our whitepaper states: Coinvest is a company and community built for the people… by the people.
As for Coinvest, our specific smart contact functionality enables us to do a few things:
- Record investment data to the blockchain
- Hold and distribute user funds based upon certain conditions
Thus eliminating the need for a third-party broker (human) to document or ever touch funds since it is all autonomous and handled by computer code. There are other examples that are using smart contracts to do eliminate the need for third parties brokers as well. For example, betting platform (Dao Casino), prediction markets (Augur), etc.
Great!
I'm just trying to fantasize a bit on this subject, than Coinvest may be useful to me.
So, let's say I'm a portfolio investor. I determined, for example, ten coins, which are interesting to me and determined the specific weight of each of them in my investment portfolio. Conditionally I decided that each of the coins I should have 10% of the volume calculated in dollars. But we know how crazy volatility is in the market. Therefore, the specific weight of coins relative to the dollar will change daily. Each of the selected coins may become cheaper or vice versa may rise in price to the USD.
And how can I be if I'm not ready to track these currency races everyday? (If I'm ready it is, then I'm not a portfolio investor, but rather a trader at an exchange
.)Here smart contracts come to the rescue.
By means of smart contracts on your platform, you can specify an algorithm in which the specific weight to the dollar will be constantly reduced to the set parameters of 10 coins of 10% with respect to USD. So, such an algorithm will allow you to fix a profit in a currency that showed growth and reallocate the asset into currencies that look oversold.
Great suggestion although in that instance, we would become a market manipulator to help people secure profits. Unfortuantely, we can not do that due to legal and liability issues. We can't help people profit or take on the risk / liability if the algorithm incorrectly made purchases that made the user lose money.
What we can do and are doing is being a market maker and enabling people to invest / trade based upon their own decisions. We hope this helps clarify things.
Thanks for the reply. Your position is clear and logical from the point of view of what everyone decides about their actions in the market.
November 20, 2017, 02:23:31 PM
I think that with the help of smart contacts it is possible to implement many functions of interesting investors and that are not specified in the WP.
I understand that smart contracts are just beginning their way into the global economy, but there are very few ideas for application so far. Can you give an example?Apparently it's just chatter..
Hi Rockertron - We don't believe in chatter. We believe in results.
We responded with the below yesterday. Please view: https://bitcointalk.org/index.php?topic=2381017.msg24772974#msg24772974Smart contracts are extremely valuble for the financial industry in our business. For example, they can help us:
- Streamline and improve financing efficiencies for buyers, suppliers and institutions
- Streamline post-trade processes, removing duplicative processes executed by each counterparty for verifying trades and conducting appropriate trade events
- Provide accurate, transparent financial data recording to improvide data integrity
As a result provide reduced costs, faster / greater liquidity of financial assets and increased market stability.
Other industries are leveraging smart contracts to eliminate third-parties, reduce costs and increase efficiency as well. Unfortunately there are few good examples in the blockchain space today as it is still early... We hope to break that mold.
Thanks!
Thank You too!
I know about what smart-contracts are and what they are capable of.
But no offense, you guys from Microsoft are too smart for me and people like me who read the WP Coinvest for making a decision about investing.
And after reading this post, I can also say that you are again talking about High matters. With your permission, I can propose an applied task for smart-contracts of Financial System Coinvest.
Are You not against?
Hi Rocketron -
We are always open to any ideas that the community suggests including yours.
That's one of the reasons why we are electing to ensure our code is open-source. So that we can continue to get feedback from our community to improve and make this the platform that the users want.As our whitepaper states: Coinvest is a company and community built for the people… by the people.
As for Coinvest, our specific smart contact functionality enables us to do a few things:
- Record investment data to the blockchain
- Hold and distribute user funds based upon certain conditions
Thus eliminating the need for a third-party broker (human) to document or ever touch funds since it is all autonomous and handled by computer code. There are other examples that are using smart contracts to do eliminate the need for third parties brokers as well. For example, betting platform (Dao Casino), prediction markets (Augur), etc.
Great!
I'm just trying to fantasize a bit on this subject, than Coinvest may be useful to me.
So, let's say I'm a portfolio investor. I determined, for example, ten coins, which are interesting to me and determined the specific weight of each of them in my investment portfolio. Conditionally I decided that each of the coins I should have 10% of the volume calculated in dollars. But we know how crazy volatility is in the market. Therefore, the specific weight of coins relative to the dollar will change daily. Each of the selected coins may become cheaper or vice versa may rise in price to the USD.
And how can I be if I'm not ready to track these currency races everyday? (If I'm ready it is, then I'm not a portfolio investor, but rather a trader at an exchange
.)Here smart contracts come to the rescue.
By means of smart contracts on your platform, you can specify an algorithm in which the specific weight to the dollar will be constantly reduced to the set parameters of 10 coins of 10% with respect to USD. So, such an algorithm will allow you to fix a profit in a currency that showed growth and reallocate the asset into currencies that look oversold.
Great suggestion although in that instance, we would become a market manipulator to help people secure profits. Unfortuantely, we can not do that due to legal and liability issues. We can't help people profit or take on the risk / liability if the algorithm incorrectly made purchases that made the user lose money.
What we can do and are doing is being a market maker and enabling people to invest / trade based upon their own decisions. We hope this helps clarify things.
November 20, 2017, 02:10:29 PM
I think that with the help of smart contacts it is possible to implement many functions of interesting investors and that are not specified in the WP.
I understand that smart contracts are just beginning their way into the global economy, but there are very few ideas for application so far. Can you give an example?Apparently it's just chatter..
Hi Rockertron - We don't believe in chatter. We believe in results.
We responded with the below yesterday. Please view: https://bitcointalk.org/index.php?topic=2381017.msg24772974#msg24772974Smart contracts are extremely valuble for the financial industry in our business. For example, they can help us:
- Streamline and improve financing efficiencies for buyers, suppliers and institutions
- Streamline post-trade processes, removing duplicative processes executed by each counterparty for verifying trades and conducting appropriate trade events
- Provide accurate, transparent financial data recording to improvide data integrity
As a result provide reduced costs, faster / greater liquidity of financial assets and increased market stability.
Other industries are leveraging smart contracts to eliminate third-parties, reduce costs and increase efficiency as well. Unfortunately there are few good examples in the blockchain space today as it is still early... We hope to break that mold.
Thanks!
Thank You too!
I know about what smart-contracts are and what they are capable of.
But no offense, you guys from Microsoft are too smart for me and people like me who read the WP Coinvest for making a decision about investing.
And after reading this post, I can also say that you are again talking about High matters. With your permission, I can propose an applied task for smart-contracts of Financial System Coinvest.
Are You not against?
Hi Rocketron -
We are always open to any ideas that the community suggests including yours.
That's one of the reasons why we are electing to ensure our code is open-source. So that we can continue to get feedback from our community to improve and make this the platform that the users want.As our whitepaper states: Coinvest is a company and community built for the people… by the people.
As for Coinvest, our specific smart contact functionality enables us to do a few things:
- Record investment data to the blockchain
- Hold and distribute user funds based upon certain conditions
Thus eliminating the need for a third-party broker (human) to document or ever touch funds since it is all autonomous and handled by computer code. There are other examples that are using smart contracts to do eliminate the need for third parties brokers as well. For example, betting platform (Dao Casino), prediction markets (Augur), etc.
Great!
I'm just trying to fantasize a bit on this subject, than Coinvest may be useful to me.
So, let's say I'm a portfolio investor. I determined, for example, ten coins, which are interesting to me and determined the specific weight of each of them in my investment portfolio. Conditionally I decided that each of the coins I should have 10% of the volume calculated in dollars. But we know how crazy volatility is in the market. Therefore, the specific weight of coins relative to the dollar will change daily. Each of the selected coins may become cheaper or vice versa may rise in price to the USD.
And how can I be if I'm not ready to track these currency races everyday? (If I'm ready it is, then I'm not a portfolio investor, but rather a trader at an exchange
.)Here smart contracts come to the rescue.
By means of smart contracts on your platform, you can specify an algorithm in which the specific weight to the dollar will be constantly reduced to the set parameters of 10 coins of 10% with respect to USD. So, such an algorithm will allow you to fix a profit in a currency that showed growth and reallocate the asset into currencies that look oversold.
November 20, 2017, 01:48:21 PM
Well another decentralized exchange is here, 2018 is going to be a game changer, so many decentralized exchanges coming up, i am sure it will change the way we trade now.
Looking forward to this project. All the very best!
Thanks for your support! We have some more exciting things to announce in the coming weeks.
November 20, 2017, 01:43:52 PM
I think that with the help of smart contacts it is possible to implement many functions of interesting investors and that are not specified in the WP.
I understand that smart contracts are just beginning their way into the global economy, but there are very few ideas for application so far. Can you give an example?Apparently it's just chatter..
Hi Rockertron - We don't believe in chatter. We believe in results.
We responded with the below yesterday. Please view: https://bitcointalk.org/index.php?topic=2381017.msg24772974#msg24772974Smart contracts are extremely valuble for the financial industry in our business. For example, they can help us:
- Streamline and improve financing efficiencies for buyers, suppliers and institutions
- Streamline post-trade processes, removing duplicative processes executed by each counterparty for verifying trades and conducting appropriate trade events
- Provide accurate, transparent financial data recording to improvide data integrity
As a result provide reduced costs, faster / greater liquidity of financial assets and increased market stability.
Other industries are leveraging smart contracts to eliminate third-parties, reduce costs and increase efficiency as well. Unfortunately there are few good examples in the blockchain space today as it is still early... We hope to break that mold.
Thanks!
Thank You too!
I know about what smart-contracts are and what they are capable of.
But no offense, you guys from Microsoft are too smart for me and people like me who read the WP Coinvest for making a decision about investing.
And after reading this post, I can also say that you are again talking about High matters. With your permission, I can propose an applied task for smart-contracts of Financial System Coinvest.
Are You not against?
Hi Rocketron -
We are always open to any ideas that the community suggests including yours.
That's one of the reasons why we are electing to ensure our code is open-source. So that we can continue to get feedback from our community to improve and make this the platform that the users want.As our whitepaper states: Coinvest is a company and community built for the people… by the people.
As for Coinvest, our specific smart contact functionality enables us to do a few things:
- Record investment data to the blockchain
- Hold and distribute user funds based upon certain conditions
Thus eliminating the need for a third-party broker (human) to document or ever touch funds since it is all autonomous and handled by computer code. There are other examples that are using smart contracts to do eliminate the need for third parties brokers as well. For example, betting platform (Dao Casino), prediction markets (Augur), etc.
November 20, 2017, 01:32:53 PM
I think that with the help of smart contacts it is possible to implement many functions of interesting investors and that are not specified in the WP.
I understand that smart contracts are just beginning their way into the global economy, but there are very few ideas for application so far. Can you give an example?Apparently it's just chatter..
Hi Rockertron - We don't believe in chatter. We believe in results.
We responded with the below yesterday. Please view: https://bitcointalk.org/index.php?topic=2381017.msg24772974#msg24772974Smart contracts are extremely valuble for the financial industry in our business. For example, they can help us:
- Streamline and improve financing efficiencies for buyers, suppliers and institutions
- Streamline post-trade processes, removing duplicative processes executed by each counterparty for verifying trades and conducting appropriate trade events
- Provide accurate, transparent financial data recording to improvide data integrity
As a result provide reduced costs, faster / greater liquidity of financial assets and increased market stability.
Other industries are leveraging smart contracts to eliminate third-parties, reduce costs and increase efficiency as well. Unfortunately there are few good examples in the blockchain space today as it is still early... We hope to break that mold.
Thanks!
Thank You too!
I know about what smart-contracts are and what they are capable of.
But no offense, you guys from Microsoft are too smart for me and people like me who read the WP Coinvest for making a decision about investing.
And after reading this post, I can also say that you are again talking about High matters. With your permission, I can propose an applied task for smart-contracts of Financial System Coinvest.
Are You not against?
November 20, 2017, 01:32:38 PM
What is the advantage CoinVest in front of the competitors ?
November 20, 2017, 01:31:14 PM
The developers state that Coinvest will be an open source software product. What are the advantages of this decision?
Why do we need open source code in the concept of this product?
Most likely this is done in order to form a certain community around its product.Why do we need open source code in the concept of this product?
This community will offer its own options for the development of certain parts of the software product. For example, as the operating system Linux.
It seems to me that it is so =)
Maybe I'm just mistaken, since I have no experience in software development. In any case, it will be interesting to take a look at the product!
Great feedback Lordmick. We would counter that a platform should be built by great technologies, mathmaticians, and data scientists (with advisory counsel from investment and trading professionals). The Coinvest platform and all great technology is dependent on mathmatical operations and a strong code base. Those are strengths of our team given our background and experience. We have decades of software development experience with specialists in the field of data science and finance from companies such as Microsoft, IBM, Moneygram, and more.
We are also leveraging outside experts in the field of investment and trading for advisory as needed. Once we are able to secure additional funding, one of our first hires will be from the investment banking field to assist with asset management.
November 20, 2017, 01:23:17 PM
The developers state that Coinvest will be an open source software product. What are the advantages of this decision?
Why do we need open source code in the concept of this product?
Most likely this is done in order to form a certain community around its product.Why do we need open source code in the concept of this product?
This community will offer its own options for the development of certain parts of the software product. For example, as the operating system Linux.
It seems to me that it is so =)
Hi Lordmick and Sakiri -
Sakiri is right on in that we want to build a strong development community around our platform in order to ensure the security, safety, and stability of the platform. In order to do that, a community of developers needs to be able to review the code and validate this. We also support the openess and transparency of the blockchain industry. Therefore, open-source is the best way to achieve this.
Our protocol and tools will always be open source so that developers can use and build on top of them. By doing so, it also enables more companies to build on top of the Coinvest protocol and increase transaction volume which in turns enables Coinvest to use net profit to acquire more COIN tokens for the reserve (and increasing COIN value).
November 20, 2017, 01:14:40 PM
Do I understand correctly that this platform will provide debit cards for its users?
Why do you think so?Where did you read this?
This will be a virtual debit account, which can be shared in various online stores (for example). I think this will work just like this.
Hi Teal Deer and Wiak!
Yes, we plan to offer a debit account AND card for our users. That integration would happen in late 2018 pending a successful crowdsale. It doesn't make sense to invest in cryptocurrencies if you can't easily use them. So our wallet and debit account solves this problem and enables users to spend their assets at any merchant that supports debit cards around the world.
We want to become the one-stop shop for everyone to be able to purchase, invest, trade AND spend cryptocurrencies all together in one solution (that is simple and secure).
November 20, 2017, 01:06:18 PM
At what stage is the project now?
Has the pre-sale of the tokens already begun?
Actually, no. pre-sale will begin in 55 days onlyHas the pre-sale of the tokens already begun?
Why so long? I thought pre-sale has already begun, or will begin soon. What is the reason for this? I mean such a long wait ??
In addition, the bounty campaign is an integral part of all this.
They also made a strange decision. We placed our WP on a google disk, and now it is impossible to copy the text from there. It is very uncomfortable!
In my opinion this is a good decision!
Hi Tarzan -
What language are you looking for our whitepaper to be translated in? Our press release and whitepaper are currently available in English, Russian, and Chinese. I've provided the links below. This will all be updated with these languages on our website this week as well:
Russian
Press Release: https://docs.google.com/document/d/1ePWN4QKG-KrbJGED33gBqi-0hrPSjj02NOMvPur4pf8/edit?usp=sharing
Whitepaper: https://docs.google.com/document/d/1zoycUikm5NJpDUyJOqXrTWPRKNYFgdzq7Pf5YFSo4u4/edit?usp=sharing
Chinese
Press Release: https://docs.google.com/document/d/1ViqRH4MG2BZYyBhE6vzwm1YvUgKAR2hIXPw7MYfRMqk/edit?usp=sharing
Whitepaper: https://docs.google.com/document/d/1DXLjPQROa70oj3ASHWLCxsc07d-ogXZbHlf9e_wAXqY/edit?usp=sharing
Korean
Press Release: https://docs.google.com/document/d/1C-9fefx49640eFchvYs-F-krbQlFyP5apWijOCvcirA/edit?usp=sharing
Thanks!
November 20, 2017, 12:42:27 PM
So, if I understand correctly, is this a platform that will allow you to trade different currencies on the same platform?
That's correct! Additionally, with only needing one wallet. We want to become the one-stop shop for everyone to be able to purchase, invest, trade AND spend cryptocurrencies all together in one solution (that is simple and secure).
November 20, 2017, 12:32:40 PM
At what stage is the project now?
Has the pre-sale of the tokens already begun?
Actually, no. pre-sale will begin in 55 days onlyHas the pre-sale of the tokens already begun?
Why so long? I thought pre-sale has already begun, or will begin soon. What is the reason for this? I mean such a long wait ??
In addition, the bounty campaign is an integral part of all this.
@Wiak2
You got it right! We made a strategic decision to give us more time to market the crowdsale, for users to try our upcoming beta, and because of the large upcoming holidays. We also want to be the best crowdsale option for 2018 and to kick off the new year.
Everyone should note that our public pre-sale begins on January 14th and will consist of the remaining tokens that are unsold from our private whitelist. The private whitelist is currently available now. You can register for more information on our website at https://coinve.st.
November 20, 2017, 12:27:03 PM
At what stage is the project now?
Has the pre-sale of the tokens already begun?
Actually, no. pre-sale will begin in 55 days onlyHas the pre-sale of the tokens already begun?
Why so long? I thought pre-sale has already begun, or will begin soon. What is the reason for this? I mean such a long wait ??
Our public pre-sale begins on January 14th and will consist of the remaining tokens that are unsold from our private whitelist. The private whitelist is currently available now. You can register for more information on our website at https://coinve.st.
November 20, 2017, 12:23:30 PM
I have joined the bounty campaign of this ICO.But sorry to say that, THere are no new retweet and facebook post.we need the more new post to share and retweet them.
Hi Mkmanik - Our last social media post was on Friday. Our marketing release schedule is strategic so that we have a good balance of quality content and do not spam or annoy anyone. We'll have more posts ready for the community to share today.
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