 | CoVEX (CoVEX) |
Status
ICO
CoVEX is a blockchain-based cryptocurrency trading platform.
Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
Ticker
CoVEX
Type
Utility-token
Token standard
ERC-223
What is CoVEX
The CoVEX Platform will initially consist of the following components:The CoVEX Exchange will be a cross-border crypto-exchange. It will create opportunities for coin holders to buy, sell and exchange cryptocurrencies at current and determined prices. The CoVEX Exchange will support the most commonly traded cryptocurrencies such as Bitcoin and Ethereum and allow users to place orders, trade and swap currency which has been deposited in their CoVEX balances.
Social Trading. CoVEX is implementing a machine learning algorithm that will help to analyze any traders performance. Based on past performances, the system will automatically generate a portfolio of distinct traders around the universe for the investor.
Margin Trading/Lending. The CoVEX Platform will provide customers with an option of earning interest on their funds by lending it to other users in form of a P2P loan. The system will automatically determine and compute the interest rates based on the principal and repayment period.
CoVEX Roadmap
1
Q3 2017
Initial concept and first board meeting.
2
Q4 2017
Formation of the projects technical team for Project. Domain registered and website created.
3
Q1 2018
Formation of the marketing team and legal team. Whitepaper created.
4
Q2 2018
Alpha version of Exchange. Technical whitepaper and Pre- ICO.
5
Q3 2018
First ICO. Second ICO and live Exchange demonstration.
6
Q4 2018
Exchange goes live.
7
Q1 2019
Incubator service and, Underwriting services created.
8
Q2 2019
P2P Loan Service Platform
Margin Trading & Lending Platform
9
Q3 2019
Payment gateway.
10
Q4 2019
Prepaid Card Services.
Token Sale Dates
Presale Period
Start date: May 12, 2018
End date: Jun 08, 2018
ICO
Start date: Jul 07, 2018
End date: Aug 07, 2018
Token Allocation
Presale Token Supply 3,000,000
Total Token Supply 192,500,000 COVEX
Restrictions
Residents of the following countries are prohibited from participating
USA, China, Singapore
USA, China, Singapore
Token distribution
12% - Pre-ICO
32.5% - Phase 1 ICO
32.5% - Phase 2 ICO
10% - Dev Staff and Strategic Partners
5% - Board of Directors and Advisory Board
3% - Legal/Marketing and Miscellaneous
5% - Bounty and Creative Rewards
Funds allocation
2% - Bounty and Overhead
8% - Operational and Overhead
10% - Legal and Financial Overhead
25% - Branding and Marketing
55% - Protocol and Software Development
Token Price and Payment Options
Token price USD 1 CoVEX= 0.66578 USD
Token price ETH 1 COVEX = 0.005 ETH
Accepted Currencies ETH
Project team
J. Mohan
Founder & CEO
Labu K. Ghimire
Co-Founder & CMO
Peter Wanjala
Business & Product Development Head
Junaid Nawaz
CTO & Lead Blockchain Developer
Denis Rogovski
Legal Counsel
Zohaib Qadir
Lead Blockchain Developer
Reza Bakhshandeh
AI/Big Data Expert
Jyoti Adhikari
Full Stack Developer
Jyoti Adhikari
Full Stack Developer
Naveed Shahid
Blockchain & Business Analyst
Gull Chaudhary
Project Manager - Java, ASP .NET, PHP Developer
Luiz Gabriel Bongiolo
Business & Product Development Officer
Adhanom Kiflom
Business & Product Development Officer
Arshelene R. Lingao
Bounty Manger
Nicholas Sousa
Social Media Manager
Jhem Trinidad
Social Media Moderator
Kim Hyo Sun
Korean Social Media Moderator
Neha Rana
Marketing Team
Akriti Thakur
Marketing Team
Advisors
Robbert Walstra
Advisor
Social media
Twitter
Telegram
Reddit
Medium
YouTube
Facebook
GitHub
BitcointalkIndustries
