Further to the announcement of April, 28th, 2017, Coinsilium Group Limited (NEX: COIN), the accelerator that finances and manages the development of early-stage blockchain technology companies, is pleased to confirm that it has completed its investment of USD $75,000 in Coin-Dash Ltd, a company developing the world’s first social trading platform for cryptocurrency investors.
The deal was done through a Convertible Loan Agreement. Additionally, Coinsilium will receive an entitlement to an undisclosed number of Coindash crypto tokens to be issued by Coindash in their ICO taking place over the next few months.
Ready to unleash its beta platform, and completing a recent rebranding, Coindash aims to enable cryptocurrency investors to manage and analyze their crypto-asset portfolio, in addition, share insights about the cryptocurrency market, share achievements, copy-trade and get signals from the best crypto investors in the world.
CoinDash will include integrated real-time market data and third party investment instruments to give users the best available investment tools in the crypto space on one unique platform. A user needs to insert a public key and the system will automatically provide them with insights about trading stats and history. CoinDash doesn’t hold any funds or private keys.
Eddy Travia, CEO of Coinsilium, stated:
“We are delighted to be investing in Coindash at this early stage of its development. It represents an exciting proposition in the emerging Token space – the so-called Blockchain 2.0. We have been following the progress of Coindash since they won the prestigious Ether Camp hackathon at the end of 2016.”
“Supporting Coindash at this stage is a further affirmation of Coinsilium’s determination to be an active and key player in the crypto token economy. We believe that the worldwide trading of cryptocurrencies will continue to grow at a fast pace and we are confident that the Coindash team has the right skillset to establish Coindash as the leading social trading platform of this new multi-billion-dollar market.”
Alon Muroch, an experienced developer in the blockchain space, CEO and co-founder of Coindash, stated:
“We are very pleased to have Coinsilium join our seed round and look forward to their support and guidance. We are very proud to be part of Coinsilium’s portfolio of leading blockchain companies. We believe that cryptocurrencies are becoming a new and pertinent asset class and we are working hard for Coindash to become the leading social trading platform in this fast expanding crypto asset market.”