COVESTING Logo

COVESTING (COV)Gold Project

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.

  • Project Type Token
  • Category Trading & Investing
  • PlatformEthereum Ethereum
  • Location Not Supplied
  • Total Supply 20,000,000
  • Bitcoin Talk Not Supplied

COVESTING Token Sale

Start Date
November 24th 2017 10:00 UTC
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End Date
January 15th 2018 10:00 UTC
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Team
Dmitrij Pruglo
Dmitrij PrugloCEO & Founder
Tim Voronin
Tim VoroninCOO & Co-Founder
Dinis Guarda
Dinis GuardaCo-Founder
Peter Kristensen
Peter KristensenHead of Markets and Investor Relations
Paul Hinrichsen
Paul HinrichsenDirector of Business Development
Zeeshan Mallick
Zeeshan MallickChief Marketing Officer
Ivan Klykov
Ivan KlykovInvestment Products Development
Sergey Sevantsyan
Sergey SevantsyanChief Technology Officer
Andrey Nenadov
Andrey NenadovProject Manager
Alex Strakh
Alex StrakhBlockchain Lead
Konstantin Zherebtsov
Konstantin ZherebtsovInformation Security Officer
Max Sayganov
Max SayganovDigital Marketing Strategist
Advisors
Philipp Kallerhoff
Philipp KallerhoffAdvisor
Alexander Perkins
Alexander PerkinsAdvisor
Aleš Tomažin, Phd
Aleš Tomažin, PhdAdvisor
Prof. Simon Choi
Prof. Simon ChoiAdvisor
Mounir Fallah
Mounir FallahAdvisor
Mike Bishop, JD
Mike Bishop, JDAdvisor
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

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%
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