Featuring a simple interface designed for mainstream adoption, the CoinMetro platform plans to serve as a conduit between traditional finance and the digital asset economy. CoinMetro‟s multifaceted ecosystem will streamline three major components of the digital economy, offering: (i) an exchange, (ii) a trading platform, and (iii) a complete ICO Express framework. 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 our trading platform will be equippe with a robust tool-set, designed to meet the needs of professional investors. Our vision for the CoinMetro ecosystem encourages growth and collaboration, intending to provide companies with a turnkey ICO Express solution to undergird project development.
Each core member of the CoinMetro team comes from an enterprise-level background in the financial sector and related fields. Our 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 we do business across many industries, we believe that basic business principles still apply when developing consumer applications in the blockchain space.
Cryptocurrency Wallet – Supported Cryptocurrencies
CoinMetro‟s cryptocurrency wallet system will allow clients to hold, deposit and withdraw in the five largest digital currencies by market capitalization (~80%):
-Bitcoin Cash (BCH)
By partnering with BitGo, the industry leader in multi-signature, multi-currency wallets, CoinMetro plans to offer clients convenient and secure services through BitGo‟s multi-signature technology. Following our initial launch, CoinMetro plans to incorporate support for additional wallet platforms, adding more and more assets over time. Immediately after launch we will look to add support for the complete list of top ten cryptocurrencies mentioned on Coin Market Cap (https://coinmarketcap.com), including Monero (XMR), Dash (DASH), NEO (NEO), and BitCoin Gold (BTG). We will also look to add NEM (XEM) given that we will be developing tools based on the NEM blockchain. We plan to add additional assets over time, including ERC20 tokens, which will form the base for our EFTC platform (Section 3.3.2).
CoinMetro Token Sale
Token Sale – COIN:
Total Supply of COIN: 500,000,000 COIN
Total COIN Distribution Breakdown:
– 50% through Token Sale’;
– 20% Liquidity;
– 10% CoinMetro Team & Shareholders;
– 7.5% Community Rewards;
– 2.5% Advisor Compensation;
– 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. Pre-Token Sale & Token Sale Contributions Breakdown:
– 40% Platform Development, HR
– 30% Marketing
– 20% War chest; possible buyouts, takeovers, acquisitions, etc.
– 10% Legal, Compliance, Regulatory.