There is a lot of fear and uncertainty surrounding the initial coin offering (ICO) space at the moment many countries have recently come out and banned ICOs in some shape or form, including USA, China, and more recently South Korea. This action has only been taken to ensure that there is proper regulation and governance surrounding ICO investment to protect investors from scammers and to ensure the governments can take a share of the profits. Since the United States has put a so called ban on ICOs there have been several ICOs that have launched successfully in the US, and they’re able to do this because they meet the guidelines set by the Unites States. Once regulations are in place that safeguard investors and allow the government to profit ICO’s will return to those once “banned” countries.
Many countries have already made favorable statements regarding ICO’s so new ICOs launching during this time of uncertainty need to perform their due diligence legally to ensure they meet the guidelines laid out in the countries the ICO has launched from. Cobinhood is one ICO that has done their due diligence and is worth taking a serious look at if you are looking for an ICO that isn’t a scam to invest in.
Cobinhood launched a new Initial Coin Offering (ICO) which opened on the 13 Sept 2017 and closes on 22 October 2017. Cobinhood is launching a Zero Fee exchange with real-time trading, margin lending, and ICO underwriting. Including some pretty cool security features, the wallet security is second to none with secure multi signature offline wallets, and its 100% backed by the reserve and insured.
Cobinhood will operate in normal markets stocks, forex, commodity, market indexes, futures as well as crypto currencies and offer multiple fiat withdraw and deposit options. Eventually the exchange once mature will compete with larger exchanges Polinex, Bittrex etc. Therefore, once Cobinhood have the user base they can attract new premium ICOs that want to leverage that user base. These new premium ICOs will be attracted to use Cobinhood because of the following Cobinhood features:
• A model that allows it to launch ICOs legally, providing advertising and marketing for new ICOs
• Board advisor and crypto currency connections.
• Immediate exchange listing for a 5 % underwriting fee
• Attractive user base model who have a vehicle to invest larger amounts utilizing margin lending features
The key to fiscal liquidity for Cobinhood is to keep the user base of the exchange happy. So how does Cobinhood do this?
• Provide a fee free real time trading platform that is easy to use.
• For COB holders offer 50% discounts for margin lending when using COB tokens which in turn acts as a buy back thus increasing demand and price for COB tokens.
• COB holders can also opt in to become margin trading loan providers and receive interest earnings with their COB token deposits.
• Provide a premium trading subscription service called “Cobinhood Prime” with additional benefits.
• Attract billion dollar ICOs, when new ICOs come on board tokens from those ICOs will be provided at a discounted rate potentially free, and COB holders will have first crack at investing in these new ICOs. That’s right no more blinking and missing an opportunity to invest because that new shiny ICO that launched 2 seconds ago is now over.
• I touched on it but it’s worth mentioning again, tokens with significantly low rates from newly listed ICOs based on the percentage of COB owned, increasing demand for COB.
When the price of COB rises so does Cobinhood’s earning potential, so how will the price of COB go up?
- When users start using the platform and it is well received.
- When Cobinhood attracts billion dollar ICOs and they perform well on the exchange.
- When COB token holders earn from margin lending
- When Users of the platform use the margin lending facility, this is potentially a 30% earner for Cobinhood.
- When COB holders use margin lending facility thus COB is bought back by Cobinhood increasing demand
- When Cobinhood reach road map goals.
- When the decentralized exchange is up and running
Overall this ICO has one of the very best ideas on the market at the moment, they are attempting to become the Goldman Sachs of crypto currency, If they succeed this will be big for early investors. The key to investing in new ICOs in this market is ensuring that the team has proven themselves and looking through the Cobinhood team we can see many proven team members. Sure there are question marks with any new ICO listed and I couldn’t emphasize more for all investors to do their own research. When researching look at how strong a community the company has and how positive they are on the idea, look for leaders in the crypto space for reviews to get a feel for the company. Talk to the company if possible and or visit the company office or look for someone that has. So far most of the research I have done has all been positive, so do yourself a favor and have a look at Cobinhood you will kick yourself if you don’t.