What is Covesting (COV)
The COVESTING Platform is the ultimate venue where successful digital asset traders meet new investors, in a transparent, safe and efficient peer-2-peer investment environment.
Investors from around the world can compare the performance of hundreds of successful cryptocurrency traders and mirror their trades automatically to their account. While traders benefit from success fees generated by profitable trading – investors enjoy peace of mind knowing that their funds are following a model of an industry professional in the comfort of their own account.
By pairing the peer-2-peer business model and the cryptocurrency investment industry, COVESTING offers a fantastic opportunity to utilize the wisdom of experienced traders in order to achieve positive trading results securely.
A Peer-to-Peer, or P2P, Service itself is a decentralized platform whereby two individuals interact directly with each other, without intermediation by a thirdparty, or without the use of a business selling a product or service. The buyer and the seller transact directly with each other via the P2P service. Some popular examples of P2P services are:
- Open-source Software – anybody can view and/ or modify code for the software
- BitTorrent – a popular anonymous file-sharing platform where uploaders and downloaders meet to swap media and software files.
- Air BnB – allows property owners to lease all or part of their property to short-term renters.
- Uber – a platform for car owners to offer transportation services to others
- eBay – a marketplace for private sellers of goods to find interested buyers.
- Etsy – enables producers of crafts and other homemade goods to sell their items directly to the public
At COVESTING, we aim to produce a one-stop solution for cryptocurrency traders and investors. Since the infrastructure of COVESTING is being built by investment industry professionals – importance of timely market data has not been overlooked.
Apart from a one of a kind peer-2-peer digital asset platform, we aim to introduce the largest resource for education, news, trade ideas and market analysis about the cryptocurrency market. We call it – Crypto Intelligence.
COVESTING strongly believes in the importance of education when it comes to cryptocurrency. There is a lot to learn when it comes to the technology, and it changes at a pace that many cannot keep up with. We believe it is partly our responsibility to educate our users, as we are offering them a vehicle to invest their hardearned money. While investing in cryptocurrency is always a risky endeavour, there are certainly plenty of rewards to be gained as well, and that’s why we believe offering a large portal for our users to grow their knowledge of the cryptoindustry is very important.
We seek to share the knowledge and best practices with our community. Leading cryptoexperts, researchers and traders will contribute to the Crypto Intelligence hub, giving COVESTING a unique ever-growing knowledge base, suitable for both beginners as well as professional traders. The Crypto Intelligence Portal will essentially include:
- An integrated news feed from multiple resources
- Blog posts and articles from reputable cryptocurrency traders and analysts
- Trade ideas with technical analysis and strategies from professional traders
- A crypto academy, which offers education, 101 and video tutorials explaining the A to Z about cryptocurrency and trading
- The most complete glossary for crypto terminology
- A link library, the most comprehensive collection of important cryptocurrency links and resources
- Community, where investors and traders can interact and discuss the latest market developments and trading ideas
Ultimately, the Crypto Intelligence Portal will become a “Bloomberg” for crypto with education and a community-built knowledge base. The one-stop venue for everything that cryptotraders need in order to build their knowledge and stay informed.
Pre-sales: Oct 19, 2017 – Nov 18, 2017
Public sales: Nov 23, 2017 – Jan 14, 2018
Token supply: 15,000,000 COV
Total tokens for sale: 20,000,000 COV
Soft cap: 2,000 ETH
Hard cap: 25,000 ETH
Raised: 33,241,750 USD
Blockchain Platform: Ethereum
Office address: 6, Bayside Road, World Trade Center, GX11 1AA, Gibraltar
Token standard: ERC-20
Token price in USD: 1 COV= 0.7816995 USD
Token price in ETH: 1 Token = 0.001923 ETH
Accepted currencies: ETH
75% – ICO
13% – Founders
7% – Pre – ICO
5% – Pr, bounty, advisors
40% – Platform development
25% – Marketing expenses, PR and Customer Acquisition, presentations and region-specific roadshows
15% – Strategic partnerships
5% – Legal
3% – Owners and developer’s bonus