CoinDash - A Crypto Based Social Trading Platform
Get insights about your crypto portfolio, benchmark it against the market and other traders. Follow the best performing investors and invest exactly like them with the copy trade feature. Discover new opportunities, and new tools: ICO Dashboard, Investment automation and more&.
Yes you can already use beta version. Although to test it you must have some experience with following ICO and Blockchain technology.
- Understand the idea behind CoinDash platform and its use cases
- Have a basic knowledge in Blockchain technology and experience with cryptographic wallets
- Participated in several Ethereum based ICOs lately from the following list:
See how it looks in the reality:
They have a product
This is VERY unusual that a crypto project has something, anything besides whitepaper and few lines of code on github. And CoinDash have working BETA version that you can try. Most projects are just like ,,we have an idea just give us 100 000 ETH an we will find out how to actually bring it to life and employ people who will do it...
There are some existing web or mobile portfolio services and apps but they are nowhere close to what CoinDash is offering. They don't use blockchain, social trading, following experienced traders and don't give signals based on exchanges and blockchains. CoinDash is taking this space as an Early Adopter with no competition thus having unlimited growth potential.
CoinDash idea makes sense. They already have more than MVP (minimum viable product). App like this is something that I've always wanted to have and I will buy CoindDash ICO and use CoinDash app and I will post my trades and ICO recommendations and gain followers who would pay me CoinDash tokens for following my trades! I can't wait
CoinDash will use WINGS as an ICO platform and they have many partnerships established.
And they are 100% legit
If I would be awarding ICO's with something like a seal of legitimacy then they would get 100%.
Why?
Because they have a big team, 2 bases around the world, they are doing meetups and everything is transparent.
With rebranded AntShares (NEO) in China:
Amsterdam at Fintech Blockchain Group:
During the meetup in Madrid:
Social trading.
Have you heard about eToro? Well CoinDash will be like eToro on steroids for cryptocurrency world. An you know what? I could post my trades and people who would want to follow my trades and portfolio will be paying some fees to do it. I'm in!
,,The user pays a recurring subscription to get real-time trading signals
from a particular investor'.
Copy-trading is an automated trade engine based on the signal-trading feature. Users
can set aside a portion of their token holdings to copy-trade top investors.
Behind the Great Wall
They pay so much attention the details that they even created a special logo for the Chinese community after discussions with China Blockchain community.
CoinDash Chinese name is Coin Dashi which sounds almost the same in Chinese but actually means Coin Master.
I love projects which looks past The Great Wall of China and wants to conquer the Middle Kingdom. Simply because money is there.
Who are we targeting?
You might think that experienced users won't be interested in this kind of app but in fact it will benefit them as influencers because they could be posting they traders so others can follow them and copy. And they will earn CoindDash tokens for that is it's a win win.
Wide range of analytical tools and investment signals will be interesting for more casual investors are not into spending 24 hours a day on doing research.
At the same time, CoinDash�s social networking tools and information products will lower the barrier to entry for potential users and bring new investment dollars into the blockchain industry.
White paper - I've got it covered
I have read their white paper and listed the most important things from the investor and trader perspective:
User's can follow top traders and receive real-time trading signals from them. With the marketplace, the user will be able to act on a signal directly from CoinDash and track its performance seamlessly.
The copied user buys Golem(GNT) tokens with ether. The user's copy-trade smart contract receives a request to send the cheapest exchange account the user holds a predetermined amount of cryptocurrency. Once the request is validated by the smart contract, it sends funds to the exchange. CoinDash sends the exchange, via API, a trade request. Once the trade is executed, CoinDash can automatically send the bought GNT tokens back to the smart contract. All fund transfers are between user-owned accounts; CoinDash did not hold any funds.
CoinDash Token
Every feature in the CoinDash platform that gives any financial value to its user will require them to pay a fee. Every user who facilitates the use of a feature which in turn gives financial value will be entitled to a payment. This creates a creator consumer relationship between users in the system; users can be creators and consumers at the same time. CoinDash will launch a token which will be used to pay all fees on the platform. This creates a direct correlation between the success of the platform and the value of the token. The more people who use the platform, the more fees will be paid, the more tokens will be bought--ultimately pushing the price of the token up.
Reasons to invest?
Although the market is now crashing and might get even worse there will always be investment opportunities. Even during the most severe bear markets in stocks there were great IPO's that gave people wealth. It's hard to pick valuable investments now but for me CoinDash is top 1 pick for July.
Plus they will have no competition and easily make their impact in this space of trading apps for crypto.
CoinDash ICO
ICO will happen in July.
There will be max cap which is not yet set.
They have a bounty platform! https://bounty.coindash.io
CoinDash token specs and allocation
During CoinDash's Token Sale a total amount of 1,000,000,000 CDT will be created and allocated as follows:
50% - Designated to the Token Sale contributors
29% - Minted for future development, users acquisition & marketing
20% - Allocated for early investors, core team & advisors
1% - Allocated for social bounty campaign