In recent times, due to the rise of the usage of cryptocurrencies, there is need to create a link between experienced traders with experienced developers. For this purpose, a lot of platforms have been established. But there has been one which stood out from the others. It is known as CoinMetro. But first, what really is CoinMetro?
What is CoinMetro
CoinMetro is a rising platform which is being created to function as a complete solution to all crypto requirements. It comes with an interface which is user-oriented. This interface aside from allowing enhanced mobility, also ensures it is less tedious for new clients to invest in the sector of crypto technology.
Some areas of this platform which makes it stand out from other platform include:
• Provision of a rich platform for trading which provides customers with a host of opportunities for digital asset investment
• It provides a platform for online exchange and trading
• It is an ICO Express solution.
Details of the CoinMetro Token Sales
As stated by the official whitepaper of the company, a total amount of 500,000,000 units of the token has been set to be issued. The COIN will be the abbreviation of the native currency. It will also be utilized in carrying out trades and transfers internally.
As regards the scheme for token distribution, the following would be followed:
• During the period of Token Sale, 50 percent of all tokens would be provided
• 20 percent of the overall currency would be utilized in the maintenance of good fund Liquidity.
• 10 percent of all tokens would be kept aside for Shareholders and Team members of CoinMetro
• The 12.5 percent remainder of the tokens will be utilized in covering for the Public Pre-sale and Advisory Compensations
After the conclusion of the sale, the funds collected will be utilized in the following ways:
• 30 percent of all funds collected will go to promotions and marketing to enhance the platform’s market appeal
• 40 percent of the revenue attained will be used in the enhancement and further improvement of the platform
• 20 percent of the funds would be utilized in the creation of a war chest. It would also put into consideration the probability of things like takeovers, buyouts, and acquisitions among others.
• The remainder of the 10 percent will be utilized in covering legal fees.
Token Pre-Sale:
The CoinMetro Token pre-sale has been scheduled to begin on December 21st. In this period, a single token price will begin at 0.03 EUR. Additionally, the cost of a single token will keep on rising by 0.02 after the sale of every 12,500,00 COIN.
Regular sale:
During the regular sale which would start once the pre-ICO has been closed, the price of every COIN will begin where the pre-Token Sale stopped.
Conclusion
If you are interested in learning more about CoinMetro, or you want to be a part of the upcoming token sale, then you can check out their:
Website
Bounty Thread
ANN Thread
Telegram group