Coinvest ICO

- Februari 13, 2018

Coinvest is a decentralized share exchange that allows users to invest in a very simple set of cryptoes. When a user wants to trade, Coinvest Token (“COIN”) is sent to the contract along with a list of the sacrificed assets that the user wants to invest. The amount and price of the purchased asset are recorded in USD and when the user wishes to liquidate their ownership, they follow the same sales process with selected assets and their address is returned COIN in USD earned value. This will all be handled through the easy-to-use Coinvest frontend so that anyone can now invest in emergency crypto.

Centralized third parties, whose services are often required in the case of traditional investments, will be replaced by smart contracts that act as stand-alone agents and at the program level compensate all users, investors and owners in the Coinvest ecosystem.

Coinve.st(https://coinve.st) ICO is — The world’s first decentralised investment trading market for cryptocurrencies.

Invest in multiple cryptocurrencies and index funds with one account, one wallet, and one coin.

Description/Purpose:

Coinvest is intending to create a future where users will have one platform, one wallet, and one token (COIN), that enables anyone to create a digital investment portfolio to invest in multiple cryptocurrencies. This will significantly reduce the cost, risk, and complexity associated with investing in cryptocurrencies on centralised exchanges or investment funds. Centralised third parties that are more than often needed in traditional investment use cases are being replaced with smart contracts that will act as autonomous agents and programmatically compensate all users, investors, and owners within the entire Coinvest ecosystem.

Rating: 4/5 (Though there are similar initiatives there are some key differentiators which separates coinvest from its competition)

Simplicity

Investing in crypto assets is an extremely complex process today. The exchange requires the authorization of KYC, which can take hours (if not days) for verification. Coinvest legally bypasses the KYC process, since there is no currency in the currency, assets, and since the franchised contract Coinvest is the custodian of your deposited funds.

Convenience

Safe storage of crypto assets is mandatory, but not trivial. Some coins and tokens have different standards and require different purses. As a consumer, you need to choose between different options for the wallet (for example, hot, cold, paper, etc.). Depending on your appetite for risk. With Coinvest there is no storage of investment assets, since all portfolios are completely digital.

Functionality

Prices in crypto-currencies can be extremely unstable. Acquisition of assets at the wrong price and time can be a difference in profit or loss. Currently, there are limited investment options that allow users to perform flexible purchase options, such as short and price limits. Coinvest is one of the first in the industry to offer this functionality.

Diversification

Unlike current exchanges, Coinvest offers index funds containing a portfolio of cryptonalized assets associated with components such as market capitalization, industry, etc. Index funds allow users to invest without individual and active asset purchases. Meanwhile, providing a broad market risk, low operating costs and a low portfolio turnover.

Autonomy

There are currently no investment vehicles that allow investors to invest in the index of crypto assets created by themselves. Current investments, the index and mutual funds are managed by third-party asset managers and do not provide flexibility and control of the fund itself. Personal index funds at Coinvest give users the ability to control assets.

Decentralization and security

Investing in cryptothermins requires sending funds directly to the exchange or investment fund (which in its essence creates centralization and high risk, because they are the custodians of your funds). Coinvest does not accept any funds (fiat, crypto currency, etc.) or payments directly from users. User funds are stored in escrow and are controlled by the standalone Coinvest bot (computer code) under the intellectual contract in the Coinvest protocol. Users can withdraw funds or close their positions at any time and automatically receive distributions through the Coinvest smart contract. The Coinvest investment process does not require human participation or interaction.

How it works/Business Model: