CoinFi ICO Review - Bloomberg for Altcoins!

in #ico7 years ago (edited)

A market intelligence platform for crypto. Bloomberg or Thomson Reuters version of crypto. It’s hard to learn about a specific altcoin, you have to follow Twitter, Facebook, Reddit, Youtube, Telegram to gain information. All of this will be provided in one platform.

Answers questions such as: (background info)

Screen Shot 2018-01-06 at 02.50.00.png

Real-time access to such information:

Screen Shot 2018-01-06 at 02.51.42.png

ALSO:
Screen Shot 2018-01-06 at 02.52.54.png

It will become the main platform we will use to gather information about coins. Will be our encyclopedia.

Will show you which is the best exchange with the best price for the specific coin.
Will detect bot actions.
Will display historical events affecting price of a coin.
Will detect volatility caused by market manipulation(done by whales)
People are given CoinFi tokens for providing news before everyone. This info will then get scanned by the editors and will be published if relevant and correct.

They have laid out how they will actually detect market manipulation and other strategies as well so they seem to know hwo to implement the techniques instead of just providing an idea.

  1. Free tier: some information will be available freely in this version, realtime news and price data etc.

  2. Stake Tier: They also do staking and with staking, you get more access to the website (I definitely want this). They can create a custom news feed. Track price data with a portfolio. (can do this with other apps already). Can also subscribe to daily email summaries of cryptocurrencies. Also access to basic trading, signals and analysis.

People will be less likely to dump staking coins because they gain you money for keeping it. Encourages a loyal community. The price will have a support line, won’t be suddenly dumped.

  1. Subscription tier: in depth research content with trading signals and algorithms, Also includes everything in the staking tier. Will also include real time alerts, trading algorithms, like best execution price, sentiment analysis and data feeds.Subscription will be paid with coinfi tokens.Community members can also offer premium services but coinFi will take 20%.

  2. Third tier: includes bidding on CoinFi’s platform. You get access to advanced trading bots and signals.

To get the stake tier option, coins will be locked if you want to use that feature. This is great since the coin will not be dumped and its value will remain stable. It will make the circulation seem less so value will increase and it will remove volatility.

Screen Shot 2018-01-06 at 03.42.54.png
Screen Shot 2018-01-06 at 03.44.27.png
The price being $0.10 per token is cheap and the total supplybeing 300 million is also quite low.
Presale is only $5 million so it will probably sell out quick.

I really like this project. It is solving a massive issue. The staking part will ensure the coin stays valuable.

TEAM:

  • Timothy Tam: 15 years of trading. Worked with Goldman Sachs Asia. CoFounder of Asia Long Short HEdge fund.
  • Han Chang: founded a Chinese Bitcoin exchange, 8 years of app development serving 10million users. Also writes blackbox equity trading algorhytms.
  • Nate Tsang: 7 years as a media growth hacker.
  • Jon Myers: Advisor for SelfKey: another ico.
  • Prachi Kanvinde: 15 year banking experience in Lehman Brothers and Citibank.

Advisors:

  • Roger Lim: Director of qlnk. Advsior for selfkey, thekey and bluzelle.
  • Lester lim: Facebook ad specialist. Marketing strategy advisor for selfkey. (another ico).
  • Edmund Lowell: ceo of selfkey.
  • Erika Evasdottir: 12 years legal experience. Advised Wall Street firms.

They have great people in their team and most of them have a lot of experience as well.
I believe this is going to be a great ico to invest in, especially for the longer term.

Sort:  

I'm whitelisted and will be buying hard...

there is no exchange to buy and sell for confi after ico ended..no date

I was also whitelisted but they did an airdrop instead...