Introduction
It has been famous in business
environment and player for IPO (Initial Public Offering), that is companies enter
stock exchange then sell the percentage of ownership of shares to the public to
obtain funds for business continuity. For hundreds of years the idea of IPO
is still in use until now but recently world has been introduced by ICO
(Initial Coin Offering) mechanism will seems slowly able to replace the idea of
an IPO.
ICO is a fundraising effort to build
applications related to Blockchain and its implementations such as
cryptocurrency, bitcoin, smart contract and smart ledger. ICO offers a type of tokens
to investors that are usually valued by Cryptocurrency such as Bitcoin or other
alternate coins or even fiat currencies. These tokens are expected to be of
high value and considered as future tokens, the successful will be depending on
the success of the apps solving business problems.
There is no definite regulation to
regulate ICO, but investors who believe in the future of blockchain usually
dare to take risks. But this is an art, however to reduce this risk and many
other risk seen in ICO such as scam and fraud activities then some people with genius
idea are coming to solve the problem. They are joined together in a team to
establish Crowdcoinage, based in Estonia.
E-Residency
feature is High Legitimation For Crowdcoinage
As aforesaid in introduction, ICO so far
still in risk for scam and fraud way to harm investors. With the feature
offered by CrowdCoinage, they will be reduced to encourage good project growing
for better financial and economic environment. Crowdcoinage is defined as a
decentralized crowdfunding platform for ICO Campaigns. CrowdCoinage’s goal is
to provide a complete solution to start and fund a business from anywhere in
the world in a decentralized environment for free.
CrowdCoinage is located in Tallinn,
Estonia. Estonia is a technology-driven country – the birthplace of technology
heavyweights like Skype. With lately some of countries do not accept
cryptocurrency, this Estonia government is actually supporting Crowdcoinage and
this support is manifested in one of the Crowdcoinage features!
It is a strong and top evidence that
this ICO is fully legitimate and has a great future business. Actually, there
are many advantages provided by Crowdcoinage but the prime of them are at least:
1.
Decentralized which is entirely the platform
built on the blockchain as known as reliable technology recently
2.
Secure to continue business whether development
or still new as the passed ICO will receive support from the community first.
3.
Free for basic plan ICO and no hidden cost for
token sale hence the Developers can precisely calculate their business and will
get benefit for free basic plan through Crowdcoinage to save the cost and fund.
4.
Marketplace to find services from professional
so it will be easier to set up organization with the information provided in
this marketplace feature for developers.
5.
E-Residency, as presented earlier that this
unique feature served by Crowdcoinage as form of support from Estonian
Government, everybody around the world can setup a company based in Estonian
paperless and assisted to do other administration stuff as European based
company.
The fifth advantages above is including
in the feature provided by Crowdcoinage and this will be a driven to better
economic growth that possibly entire the world. This feature will also show to the
country around the world that cryptocurrencies is actually has many benefit and
advantages to countries for better financial and economic environment. This
E-Residency feature can show to either investors and developers that
Crowdcoinage is deserved to be supported and a right place to be part of the
community. Trust from investors should be higher that other as seeing this
government support for legitimating this project. As this Estonia Government considered
to legitimate Crowdcoinage then inside mechanism performed by Crowdcoinage is deserved
to legitimate other projects developed to be further facilitated for fund
raising.
Estonia Government surely will not be
hasty in giving support, they will consider and study comprehensively to
support Crowdcoinage. Inside Crowdcoinage mechanism also available a
legitimation process for a project developed to further fund raising through
voting by community. Only the community decides whether the project is legit.
If after the token sale they do not fulfill their promises the funds won’t be
released. Moreover, the e-Residency program can be used for quicker KYC and
security identification of the project.
Each project can conduct their token
sales for free. At the same time if the startup needs extra help – it can
access the marketplace with different services.
It is also important to know other
aspect of Crowdcoinage for better understanding. Crowdcoinage OS or abbreviated
CCOS is a decentralized crowdfunding platform for ICO Campaigns in form of Operating
System (OS) that will offer a wide range of blockchain-based financial services
for the crypto-space. CrowdCoinage’s goal is to provide a complete solution to
start and fund a business from anywhere in the world in a decentralized
environment for free. This OS will boost the blockchain-economy by creating an
OS for running ICO campaigns, building a strong marketplace and offering loans
plus insurance services.
Below to be presented also at a glance
advantages of CCOS in financial field. CCOS in financial field can serve better
lending system. Advantages of lending system used CCOS as decentralize the peer
to peer lending are:
1. Provide assessment and transparency
2. Certainty to investor by reimbursing the fund in form of
Cryptocurrencies or fiat money based on smart contract.
3. Borrowers can easily present their case such as showing images,
videos and writing of descriptive text.
4. Utilizing decentralized of blockchain, loan approval will be
shorter.
5. Reduce rick for investor as lender, percentage of interest to be
created in pre-agreed, amount of lend to be covered a whole amount or just a
part of amount lending.
Crowdcoinage
Team Who Is Introduced to Estonia Government and to Public
Estonia Government must be careful to
support a team or company and will evaluate also the personnel involve in that
company. Only trusted personnel, experienced, competent, and expert in each
field to be supported by the government. Crowdcoinage team can be found at
their website: https://crowdcoinage.com/,
here is the team composition:
1.
Peep
Paum, Co-Founder & CEO
Estonia
2.
Tauno
Poks, Co-Founder & CTO
Estonia
3.
Sven
Kauber, Co-Founder & senior backend/blockchain developer
Ireland
4.
Silver Liiv, Co-Founder & frontend developer
Estonia
5.
Marina
Baslina, CMO
Russia
6.
Oleksandr
Sovenko Senior backend/ Solidity developer
Ukraine
7.
Riho
Muuga, Designer
Estonia
8.
Arlis
Kopli, Front End Developer
Estonia
9.
Mattias
Kurvits, Back End Developer
Estonia
10. Vinshu Gupta, Blockchain
Expert
India
ADVISORS
1.
Christopher
Matthew, Spencer
International Business Consultant at
kathy Ireland Worldwide
USA
2.
Edvin
Parisalu, Finance Manager at Car Rental
Gateway Limited
Estonia
3.
Kaupo
Lepasepp, Partner and Member of Management at Sorainen Law Firm
Estonia
4.
Peeter
Kruusvall, Strategist & Partner at Optimist Public Communication Agency
Estonia
As to develop further,
Crowdcoinage (CCOS) is conducting an ICO as described in below detail:
Token Sale Starts 2018/01/15, Monday
Token Sale Period Pre-Sale: 2018/01/15 11AM EET (UTC/GMT +2) Sale:
2018/01/22 to 2018/03/12
Hard Cap 150,000 ETH
Pre-Sale Cap 50,000 ETH
Pre-Sale Terms 50,000 ETH allocated for
pre-sale
Minimum purchase during Pre-Sale is 2000
CCOS tokens
Up to 30% bonus for early investors
Token Symbol CCOS
Total Number of Tokens 478,571,428
Tokens sold in this sale 50%
Exchange Rate 1 ETH = 1,000 CCOS tokens
Milestones in Roadmap to be Achieved
1. step
Q2 2017
Idea and first vision about the
CrowdCoinage ICO platform was born.
2. step
Q3 2017
CrowdCoinage OÜ founded, domain
registered, identity created. Market and competitor analysis, architecture and
infrastructure models done. Started developing a MVP and preparations for the
ICO campaign.
3. step
Q1 2018
Launch of the CC token sale
environment and the first UI versions of MVP.
4. step
Q3 2018
Launch of the CC ICO platform beta
with community approval and investor votes.
5. step
Q4 2018
Launch of the CC ICO platform public
version with a job and services marketplace integration and e-Residency program
support
6. step
Q2 2019
Launch of desktop and mobile wallets
and API for ICO campaigns.
7. step
Q3 2019
Integration e-Residency program
application process and registration EU companies.
8. step
Q4 2019
Launching second ICO to finance next
products in CrowdCoinage’s financial ecosystem.
Further information of this
project can be found at: https://crowdcoinage.com/ and
