Coinseed-a micro-investment and portfolio management platform

Exam Summary

They recognize that millennials and university students are the most interested in investing in cryptocurrencies and blockchain technology, but they do not know where to start and/or do not have much of a savings to invest it in the first place. This makes them the perfect target market for Coinseed with nearly 92 million millennials representing more than a quarter of the US population. In fact, millennials are the largest generation in US history.Coinseed aims to solve this problem by providing easy access for the people to make microinvestments in cryptocurrencies. Their users can link their credit card and pick the portfolio of cryptocurrencies that they want to invest in.

The Problem

Out of those 78% of people, 40% were open to using Bitcoin in the future and 34% were undecided. Moreover, millennials, who are between the age group of 18 to 35, are more likely to invest in Bitcoin than older generations, but they do not know how toWith the survey results above, they see three pain points that offer a tremendous   growth opportunity for Coinseed:
1. Most people don’t have much savings to seriously consider investing;
2. Even when people have money to invest, they find investing to be confusing;
3. People do not know how to get started with investing in cryptocurrencies;
get started with cryptocurrency investing.

The Solution

The first point above is their default feature and let’s look at it with an example.  Although he is very interested in investing in cryptocurrencies, he doesn’t know where to start and he thinks that he doesn’t have much savings to make the investment worthwhile.Coinseed account to link his credit card. Now, when Zach buys a cup of coffee for $2.30, Coinseed will round up this amount to $3 and collect that 70 cents ($3 – $2.30) to invest it in his choice of cryptocurrencies. Thus, Zach started investing in cryptocurrencies with a simple registration process that takes less than 1 minute. Coinseed makes it easy for everyone to invest in cryptocurrencies by:
1. Automatically collecting user’s spare change to invest in cryptocurrencies;
2. Allowing their users to change their existing portfolio to another portfolio.

CSD Token

Coinseed is issuing a total of 10,000,000 CSD tokens to allow the cryptocurrency community to be part of their ambitious goal of enabling everyone to invest in cryptocurrencies. Here is their breakdown of the total CSD tokens that are being issued.When a user converts their current asset from their existing portfolio of cryptocurrencies to another portfolio there is 1% fee on the total asset that is being converted. Every month Coinseed will distribute the 50% of this revenue to the CSD token holders equally. To further strengthen the security of Coinseed platform, they will grant 5% of the total CSD tokens to the white-hat hackers who find bug on their platform. Another 20% of the tokens will be saved for private investors who wish to participate in the token sale.Starting from May 1, 2018, CSD token holders will receive 50% of the revenue from the monthly portfolio conversion fees.

For more information about Coinseed company access the link whitepaper and Coinseed.