Coinchase prides itself as the world’s leading cryptocurrency crowdfunding platform which help users find truely valuable blockchain projects and share in the dividends from project growth. Coinchase as a platform aims to build a community whereby, members can gain awareness of trustworthy blockchain based projects, minimizes the risk associated with investment in such projects during ICO and share in the gains of being amongst the initial base adopters.
Registered and based in Singapore, Coinchase is the brainchild of Michael HE, a MSc. Holder of Computer Science, Tsinghua University, and the creator of mobile instant messaging product MM, with over 5 million subscribers, He also is a partner of Vinci smart hardware product line. Michael founded Coinchase in early 2018 to help curtail the fraud and uncertainties persistent in the ICO industry through:
• Carefully orchestrated crypto exit scams,
• Lack of Consensus between Project Initiators (Core Team Members) and Participants,
• Delay in Conversion and issuance of token on the project side,
• Information Dispersion barriers and Loss.
Eliminating these will help foster a larger project adoption as well as to boost investors confidence by guaranteeing trust in the community listed blockchain projects.
Having successfully raised over 12,000 ETH in public sales of project on its platform which includes Path network , Lambda and DACC Blockchain , Coinchase hopes to promote community building, social interaction, and Public Sales between Blockchain projects and platform users by offering ‘participation rewards’ worldwide through its platform token, the CCH Token.
The CCH, an Erc20 based asset is the token issued by Coinchase. CCH utility to the platform is based on inspiring and rewarding Coinchase users on active participation in the platform building and growth. Membership to the Coinchase community is obtained by holding onto 1ETH worth of CCH token in the web wallet.
The value proposition of the CCH token is that a total of 51% of the total supply of CCH tokens is allocated to incentivize its users to participate in public sale actively. Coinchase charges project parties 5% of the total amount raised during their Public Sale. Then, Coinchase will double that number (the 5% fee) and share it among the project’s Public Sale participants in the form of CCH tokens percentage-wise according to their contribution to the project. It is a 200% service fee worth in rewards to the users.
Coinchase also offers its members a “Break and Return” insurance policy on CCH issuance, This is a break through policy which helps protect members against market value dips experienced often during crypto assets maiden exchange listing. If the average price of project's token falls below Public Sale price on the first 48 hours of the first exchange listing, users can choose to be refunded by Coinchase. More on this can be found HERE an expository by CCN Crypto blog.
To facilitate community integration and social interactions within the platform there is a C2C (Customer to Customer) trade implementation. This enables users trade with each other with ETH and CCH token. Token sales begin on the 26th of November 2018 and I can easily say that the team and every single individual within this community is braced up for success. Get whitelisted, Register at https://www.coinchase.com to be part of this evolutionary project.
Webpage: https://coinchase.com
Twitter: https://twitter.com/Coinchase_com
Facebook: https://www.facebook.com/coinchase.com.official
Bitcointalk link: https://bitcointalk.org/index.php?topic=5053191.msg47037452#msg47037452