|Token price||1 ETH = 520-800 COV|
|Tokens for sale||165,000,000|
|Soft cap||2,000 ETH|
|Hard cap||25,000 ETH|
COVESTING is not a collective investment scheme. Rather it is a platform for investors and cryptocurrency traders who are looking to utilize the most advanced trading tools and technology, as well as the combined wisdom of the community in order achieve maximum returns in cryptocurrency markets.
In its infancy, COVESTING has experienced rapid changes and conceptual upgrades from the moment when the first idea of a peer-2-peer digital asset platform was disclosed by the founder, former Saxo Bank trader, Dmitrij Pruglo. Technological discoveries, as well as ambitious scalability opportunities have arisen which brought COVESTING to a completely new level.
By way of it’s unique platform which operates diff erently to existing traditional investment structures, like funds, COVESTING is about to disrupt investment management industry and become one of the leading players on the cryptocurrency market by introducing the most complete infrastructure for investors and traders which includes:
Covesting platform helps investors and professional digital asset managers find each other. Thanks to cutting-edge technology, Covesting allows its users to replicate trading activity of a chosen strategy directly into their segregated account at Covesting.
While asset managers benefit from success fees generated by profitable trading – Investors enjoy peace of mind knowing that their funds are managed by industry professionals.
The COVESTING Platform is the ultimate venue where successful digital asset traders meet new investors, in a transparent, safe and efficient peer-2-peer investment environment. Investors from around the world can compare the performance of hundreds of successful cryptocurrency traders and mirror their trades automatically to their account.
While traders benefit from success fees generated by profitable trading – investors enjoy peace of mind knowing that their funds are following a model of an industry professional in the comfort of their own account. By pairing the peer-2-peer business model and the cryptocurrency investment industry, COVESTING offers a fantastic opportunity to utilize the wisdom of experienced traders in order to achieve positive trading results securely.
To help investors from around the world enjoy professional asset management services, by bringing copy-trading platform to the digital currency markets.
- Users can easily browse through dozens of trading strategies, provided by professional digital asset managers and subscribe to the ones matching their goals.
- Platform allows to get an overview of each strategy, access real-time and historica trading performance, read reviews and even ask questions.
- Each member can diversify investments by following up to 20 different trading Model with individual risk management for each distribution.
- Consolidated, real-time reporting enables investors to get a full picture of all investments at any time.
Instead of spending time on looking for clients, asset managers and crypto traders instantly get access to the combined capital of all Covesting community.
Each trader can easily setup a trading Model and earn additional income by allowing others to copy their trades.
The more successful trader is, the more Followers he or she will be able to get and more money to make from profitable trading.
Fund managers and traders have access to a variety of reports about every aspect of their trading, revenue and Followers - all in real-time.
Members buy COV tokens as a utility in order to follow one or several trading Models, provided by the cryptocurrency traders on the platform. In the case when model following resulted in a profit – investor will get an initial amount allocated plus all profit converted into COV, so value of his holdings in COV will increase. Demand for COV correlates with the copy-trading volume at the COVESTING platform. The more investors and traders on the platform, the higher the value of COV Token rises.
The acquisition of a large number of participants on the COVESTING platform (Investors and Model Traders) is the basis for the growth of the COVESTING token. At the initial launch of the COVESTING platform, we will aim to onboard dozens of professional traders, so even early users of the platform would have the ability to choose between many suitable trading strategies. As the platform grows, new traders will register their Models and a variety of strategies will drive diversification, and create healthy competition among all Model Traders.
Successful mirror-trading in the platform will achieve many positive outcomes: investors will make a profit, Model Traders will be rewarded with success fees as well as reputation points, positive reviews, and higher rankings. Successful trading will attract more investors to the ecosystem and positively influence the reputation of the COVESTING platform and the price of the COV Token.
Besides natural demand for COV, there are two types of commissions in the COVESTING platform used to back COV value and reward COV token holders:
- 2% Entry commission - charged every time an investor deposits funds to their account on the COVESTING platform, in order to start subscribing to trading Models.
- 10% Platform commission - on all profits realized by copy-trading.
- 50% of all platform earnings will be allocated to systematic Token Buyback and Burn programs which should should effectively improve the value of COV over time.
The COVESTING token is an ERC20 token and a smart contract system built on the Ethereum blockchain, and designed to be used by members within the COVESTING platform. Following this standard, COVESTING tokens are easily transferable between users and platforms using ERC20-compatible wallets and can be smoothly integrated into exchanges.
A maximum of 20.000.000 COVESTING tokens will be generated, including 1.500.000 to conduct a PreICO, and 15.000.000 to conduct a full ICO. Another 2.500.000 will be shared between the founders of the COVESTING platform and locked in a smart contract for 3 months, while the rest will be generated for advisory, bounty and PR pools.
- Dmitrij Pruglo - Founder, CEO
- Tim Voronin - Co-founder, COO
- Sergey Sevantsyan - CIO, CTO
- Paul Hinrichsen - Business Development
- Max Sayganov - Digital Marketing Strategist
- Konstantin Zherebtsov - Information Security and Compliance
- Aleksandr Strakh - Smart contract developer
- Ivan Klykov - Investment Products Development
- Dinis Guarda - Co-Founder
- Peter Kristensen - Head of Markets and Investor Relations
- Zeeshan Mallick - Chief Marketing Officer
- Andrew Nenadov - Project Manager
- Mounir Fallah - 12+ Years of Brokerage and asset management Experience.
- Mike Bishop - Advised on multiple high profile ICOs including CareX Health Network, LAToken.
- Philipp Kallerhoff - Advisors
- Alexander Perkins - Advisors
- Aleš Tomažin - Advisors
- Simon Choi - Advisors
- 2017 Q1
Concept Design. Research. Team formation.
- 2017 SEPT
White paper disclosed. Development of prototype.
- 2017 OCT
PreICO. New team members.
- 2017 NOV-DEC
Prototype version of platform released. ICO.
- 2017 DEC
First copy-traders. Api testing.
- 2018 JAN
- 2018 Feb
Beta version launch.
- Leading copy-trading platform