 | CoVEX (CoVEX)ICO  To be announced 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. |
Overview
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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.
DetailsPre-sales: May 12, 2018 - Jun 08, 2018Public sales: Jul 07, 2018 - TBA Pre-sale token supply: 3,000,000 Token supply: 192,500,000 COVEX LegalBlockchain Platform: EthereumCountry limitations: USA, China, Singapore Registration country: United Kingdom Registration year: 2018 Office address: International House, 24 Holborn Viaduct, London, United Kingdom | Token infoTicker: CoVEXType: Utility-token Token standard: ERC-223 Token price in USD: 1 CoVEX = 0.66578 USD Token price in ETH: 1 COVEX = 0.005 ETH Accepted currencies: ETH Bonus program: 12.05-18.05 - 30% 19.05-25.05 - 20% 26.05-01.06 - 10% 02.06-08.06 - 5% 07.07-13.07 - 20% 14.07-20.07 - 10% 21.07-27.07 - 5% 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 |
CoVEX Roadmap
Initial concept and first board meeting.
Formation of the projects technical team for Project. Domain registered and website created.
Formation of the marketing team and legal team. Whitepaper created.
Alpha version of Exchange. Technical whitepaper and Pre- ICO.
First ICO. Second ICO and live Exchange demonstration.
Exchange goes live.
Incubator service and, Underwriting services created.
P2P Loan Service Platform
Margin Trading & Lending Platform
Payment gateway.
Prepaid Card Services.
Project team
Advisors
Social media
