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COVESTING Logo

COVESTING (COV)Gold Project

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COVESTING is the ultimate platform for investors and traders who are looking to utilize advanced tools and technology in order achieve maximum returns in cryptocurrency markets.

  • Category Trading & Investing
  • Websitewww.covesting.io
  • Project Type Token
  • White PaperOpenOpen White Paper
  • PlatformEthereum Ethereum
  • Bitcoin Talk Not Supplied
  • Jurisdiction Not Supplied
Start Date
November 24th 2017 10:00 UTC
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End Date
January 15th 2018 10:00 UTC
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COVESTING Token Sale Details

Contributions are accepted in ETH, BTC and LTC

Use of funds
All proceeds from the token sale will fund the product launch, continued platform development, and user acquisition:

40% R&D. Development team with approximately 15-20 engineers. Platform development, new features, data-testing for HFT operations, mobile app development etc.

25% – Marketing expenses, PR and Customer Acquisition, presentations and region-specific roadshows. Digital currency trading exhibitions participations etc. There are natural network effects built into the product around the P2P asset management model, which will lower the average customer acquisition cost (CAC) substantially.

30% Initial Capex. Substantial costs largely associated with b2b API integration from multiple partners-exchanges. Costs of necessary Licensing. Latency optimization. Operational spends, employees (excl. developers), office etc.

5% Legal, compliance fees

COVESTING Token Distribution

  • Public ICO Contributors15,000,000 COV75.00%
  • Covesting Team2,600,000 COV13.00%
  • Pre-ICO Contributors1,400,000 COV7.00%
  • PR, Bounty Advisors1,000,000 COV5.00%