COINLION VISION
CoinLion’s vision is to create an ecosystem whereby users will be able to manage their digital assets (cryptocurrency) and use a variety of analytic tools to become a better investor/trader. In other words, CoinLion wants to be a one-stop-shop trading platform.
Part of the solution is having the right tools, and the other part is creating a robust ecosystem/community were a person can learn, grow and share ideas.
THE LION TOKEN
CoinLion’s ERC-20 native token’s symbol is LION. It will be used to reward and incentivize users to create and share portfolios, strategies and research within the CoinLion ecosystem.
LION HODLers will be able to spend the token for these purposes:
SPENDSIDEEARNSIDETrade for free (only applies to LION trading)Publicly share your portfolio to allow others to track itReceive 25% discount to the maker/taker trading cost scheduleAdvertise your portfolioCreate, track, advertise, and duplicate portfoliosCreate and share strategies with other usersAccess research and analyticsCreate and share research for other members or COINLION research and analytics libraryAccess to ICOs launched within the platformEarn LION for being a top performer or researcher
ICO DISTRIBUTION DETAILS
CIRCULATION: 250,000,000 at ICO
TOTAL CIRCULATION: 500,000,000
ACCEPTED CURRENCY: ETH
MIN ACCEPTED: 0.1 ETH
ICO PHASEBONUSEXCHANGE RATE Pre-sale 40%1 ETH = 3500
Phase 1: Week 1 (18/DEC-7/JAN)20%1 ETH = 3000
Phase 1: Week 215%1 ETH = 2865
Phase 1: Week 310%1 ETH = 270012
Phase 2: Week 1 (12/FEB-25/FEB)5%1 ETH = 2625
Phase 2: Week 20%1 ETH = 2500
ROADMAP
DECEMBER 11, 2017 — LION TOKEN PRE-SALE OPENS
DECEMBER 18, 2017 — LION TOKE SALE OPENS (PHASE 1)
FEBRUARY 12, 2017 — LION TOKE SALE OPENS (PHASE 2)
FEBRUARY 25, 2018 — FINAL PHASE OF TOKEN SALE COINLIONOSES
JULY 7, 2018 — LION TOKEN OPEN FOR TRADING ON THE CONLION PLATFORM
AUGUST 2018 — ONGOING DEVELOPMENT & NEW COINS CONTINUALLY ADDED
FINAL THOUGHTS
CoinLion’s vision is certainly ambitious because it’s a new concept. The addition of their PMT and building a strong community depends on one thing: active users that find value in the CoinLion’s ecosystem. At this point everything is theory. CoinLion won’t know if they have a hit until they see user data (registration, attrition, retention, PMT use, etc.). I’m sure CoinLion is looking for a userbase tipping point level where the PMT tools will increase in value as more members hop aboard. CoinLion may also need to tweak the incentives to join and build a strong user community.
Regardless, I think CoinLion represents the 2nd generation of exchanges where users don’t just trade, but also interact and share ideas with other like-minded users. It’s almost a hybrid between an exchange and social media site, but native to the CoinLion platform.
I also noted that this is the second exchange that will offer ICO underwriting services. I think it’s a great idea. I hope ICOs will start noticing that they can raise more funds through underwriting. As an investor, I want to pick a company that is going through an underwriting process over one that is not.
In addition, I will feel more secure with exchanges that have a strong insurance policy against hacking. While insurance won’t cover someone targeting me (not the platform), I hope insurance also becomes more of a standard in the industry.
Overall, I’m excited to use CoinLion’s platform to see how it matures. This type of exchange is a step in the right direction.
COINLION REFERENCE INFO
https://coinlion.com/
https://coinlion.com/#tokensale
https://static.coinlion.com/docs/CoinLion_Whitepaper_v2.0.pdf
https://static.coinlion.com/docs/LegalAnalysis.pdf
https://static.coinlion.com/docs/CoinLion_FAQ.pdf