Professional Traders Disrupting the Investment Management Industry – Covesting Opens Their Crowdsale.
TAGS: Sponsored Stories
Covesting is a peer-2-peer digital asset management platform combined with the most complete infrastructure for investors and cryptocurrency traders. The platform is being built by ex-Saxo bankers and allows any investor to copy the trades in real time of professional cryptocurrency traders, while keeping their funds safely in their own accounts. Traders can start a career as fund managers by proving their performance, which is tracked transparently, directly on the Covesting platform. Traders can trade from many of their favorite crypto exchanges and will not have to change their current trading habits.
Covestingâs launches a public crowdsale, after successfully completing their Pre-ICO stage on November 19th, raising over $1,1 million dollars and exceeding their goal in just two weeks. The Pre-ICO period which lasted roughly one month, had over 1,700 participants and brought in over 3,000ETH, adequately funding the company through its platform development phase.
Covesting will also feature the Crypto Intelligence Portal, encompassing a complete knowledge base of all cryptocurrency related information from a carefully selected group of unbiased sources, as well as market analysis, forums, and discussion based around trading.
Almost a week ago, Covesting has announced that it has officially incorporated in Gibraltar, a move that should help the fintech startup flourish in a nation with friendly regulations in both the financial and technology industries. Such move is incredibly important for distributed ledger based technology companies because Gibraltar is one of the few places that has officially enacted regulation around what is permitted. Gibraltarâs Financial Services Commission ratified laws pertaining to all distributed ledger based companies to go into effect Jan 1st, 2018
In order to develop the platform within shortest period of time, Covesting team has decided to go for Initial Coin Offering (ICO). The project provides the unique opportunity to take part in a crowdsale and benefit from its growth by purchasing Covesting Tokens prior to the beta-version launch of the platform. All proceeds from the token sale will fund the product launch, continued platform development, and user acquisition.
The ICO opens on November 24th at 13:00 GMT time, and will run for one month until December 24th. The initial rate is 200 COV per 1 ETH in the public ICO, but scales down as more ETH are contributed, and eventually will lower to 130 COV per 1 ETH. Investors are encouraged to participate early as the rate drops after just the first 5,000 ETH is contributed.
You can also find Covesting on social media:
Telegram: https://t.me/covesting Facebook: https://www.facebook.com/covesting/ Twitter: https://twitter.com/covesting?lang=en Medium: https://medium.com/@Covesting
Bitcoin Price Move Past $6.5K Would Boost Upside Potential
Against expectations, bitcoin (BTC) defended support at $6,000 over the weekend, opening the doors for a stronger corrective rally above $6,480.
Friday's drop below $6,240 (bear flag breakdown) had
XRP Cryptocurrency Now Down 90% From 2018 Price High
XRP, the world's third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday.
At 00:01 UTC, just after Monday's close, the cryptocurrency dropped to $0.27 cen
Bitcoin's Price Falls Below $6K to Near 2018 Low
The price of bitcoin fell below $6,000 on Tuesday, a move that brought the world's largest cryptocurrency within 2 percent of its 2018 low.
At press time, bitcoin is trading hands at $5,922, print
Korea's Jeju Island Seeks to Become ICO Hub Despite Domestic Ban
South Korea's Jeju island is seeking to become a free zone for initial coin offerings (ICOs) – a plan that, if approved, would allow crypto projects to conduct token sales in the self-governing provin
Square Expands Cash App Bitcoin Service to All 50 US States
Mobile payments firm Square now lets customers buy and sell bitcoins via its Cash App in all 50 U.S. states.
The company – which was co-founded by Twitter chief executive Jack Dorsey – announced th
Jamaica Stock Exchange to Trade Crypto Assets in 2018
The Jamaica Stock Exchange (JSE) will soon be offering cryptocurrencies as tradeable assets for clients.
The company said Tuesday that it had signed a memorandum of understanding (MoU) with blockch
Fantasy Football League to Raise $100 Million in Crypto ICO
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football.
Called the Crown League, the project's owner told CoinDesk on Tuesday that it seeks to form
Goldman Sachs, JPMorgan Invest in Axoni's $32 Million Funding Round
Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs and Nyca Partners.
Also participating in the round were Andreessen Horowitz, Citi