The main goal and task of the project COINTROOPS is to create convenient, comfortable conditions for the exchange of crypto-currencies without any intermediaries.
The project will take a small commission from buyers – only 0.25%, and only for successful transactions. The fees will be paid in CTP tokens. The largest permissible commission in the system is 0.5%, which, on the whole, is comparatively profitable.
First of all, the project we have today is a project – a P2P system for exchanging crypto-currencies. Here, all transactions buyers and sellers conduct directly.
Transaction process
To conduct a transaction between two parties, the system’s exchanger generates a smart contract, and, with it, a special password. After that, the seller sends the crypto currency from his wallet to the account. Coins are blocked and the seller unlocks them using the generated password, after the buyer has fulfilled his conditions. After unlocking the tokens immediately go to the purse of the buyer.
Token
In total, the system conceived 500 million coins (CTP). A token is issued according to the ERC20 standard on the Ethereum platform. The price of one coin for sales is $ 0.20. You can buy the currency for ETH or BTC. The upper limit of fees is 350 million coins of the system, which is equivalent to 70 million dollars. Soft-cap is not installed.
PreICO. The stage was held quickly – from June 24 to June 30. The bonus at this time was 30%.
ICO. The basic stage of sales began on July 1 and will end on October 1. All July, the discount is 20%, August – 15%, September – 10%.
General distribution of coins:
– 70% will be sold;
– 12% pool of founders and teams;
– 8% share of the reserve;
– 10% pool of Bounty.
Distribution of investments:
– 30% will go to support sales and marketing;
– 10% legal expenses;
– 15% of funds for questions of exploitation and global expansion;
– 35% software development pool;
– 10% is allocated for management and operating expenses.
Site and Documentation
The web page is only available in English, but, judging by everything, in the near future it is planned to put a high-quality translation of the site into a number of other world languages. In general, the site looks so far empty, although there are a lot of beautiful graphics, the design is harmonious, the layout is adaptive. In the upper panel there is a link to the registration.
Whitepaper occupies 27 pages. The team was somewhat original in describing the application: a series of screenshots of actions in the application are presented, looking at which anyone can quickly and easily master the product of the company. Also on the site is a separate file in pdf format document on the details of the bounty campaign.
Social networks
The team actively promotes its project in all popular social networks, and, apparently, the best is yet to come. As of July 23, there are 13,662 subscribers in the Telegram project group, Twitter– 203, Facebook – 1520, Medium – 4, Youtube – 6.
Bounty
The campaign began on June 17. A total of 35 million coins were allocated at the bounty, which is roughly equivalent to $ 7 million.
– 5.71% of the translation campaign;
– 7.14% content pool;
– 2.86% is allocated to Telegram;
– 11.43% creation of videos on YouTube;
– 50% affiliate program;
– 5.71% CTP memes;
– 5.71% support pool on Twitter;
– 5.71% Open a COINTROOPS account
– 5.71% support pool in Facebook.
Roadmap
The idea was born in August 2017, an active market research was conducted. The active stage of development of the P2P platform began in January 2018th. For July, in the project plans, in addition to carrying out sales – the active phase of product testing. The release and official launch of the platform will take place in October, entering the international market. By January 2019, the project plans to enter all major exchanges, and by the end of the year to develop its stock exchange. Its decentralized beta version of the platform will be launched in July 2020, the final version of the Exchange platform will be officially presented.
Conclusion
In general, the project we are considering is a secure platform that allows us to conduct secure transactions. The project has one nuance – neither on the site nor in the documentation there is information about the project team and advisers, which, of course, can alert. However, the project has a simple and clear description of the product, high activity of the project representatives in the Telegram group and an original bounty campaign – all this allows you to close your eyes and try to understand the project.
Site: http://www.cointroops.com/
Whitepaper: http://cointroops.com/whitepaper.pdf
Facebook: https://www.facebook.com/Cointroops/
Twitter: https://twitter.com/cointroops
Medium https://medium.com/@cointroops
Telegram: https://t.me/cointroops_official
Youtube: https://www.youtube.com/channel/UCjuexOaSK7vPotg2_tTMukg
Author:
Bitcointalk Username: saycryptohello
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1336255