The established crypto company Cointed Ltd. has now begun its own ICO, started on 20.10.2017 to collect an extra budget of 120 million dollars. With these funds, the internationalization of the company is to be further advanced. Cointed places its main attention on the connection of the analogue to the digital cryptoworld. In this way, a bridge between the two worlds is to be struck and the complicated exchange process of cryptocurrencies in fiat money and vice versa should be designed as easily as possible. In particular, new ATMs, more efficient mining equipment and proprietary software will be developed and produced in-house.
Cointed has also developed an online wallet for its own Exchange, which is constantly improved and extended by additional altcoins. This considerably simplifies and accelerates the processing of payments as well as the exchange of cryptos in fiat money and vice versa. For the creation of a legally sound structure, some of the resources will have to be spent. In order to meet the regulatory requirements of the various countries worldwide, Hong Kong based Cointed is in the final stages of acquiring a banking license. Other upcoming requirements from authorities are also being evaluated in order to have a legal framework in place.
What makes the Cointed ICO Token so unique?
Cointed does not merely present an idea that is to be implemented in an uncertain period of time.
The company already has a working business model and functioning concept. The undertaking is thus a profitable business and the expansion starts immediately after completion of the financing round.
What have been the milestones of Cointed since 2014:
- a bitcoin exchange with more than 15,000 users
- own mining farms with 400 GH/s in 2 countries
- 100 BTC ATMs in 4 countries
Financial Review: Sales: Profit:
2015 $ 7 million $ 120 k
2016 $ 30 million $ 600 k
2017 est. $ 180 million est. ~ 5%
Benefits for investors:
- Ethereum Smart Contracts make it possible to start
- The Pre-ICO began on 20/10/2017 at 00:00:00 UTC and ends on 19/11/2017 at 23:59:00 UTC
- The ICO itself starts directly after the Pre-ICO and runs until the investment goal has been reached or until 28.02.2018
- For the first 1,000 investors (minimum investment 20 ETH) there will be special bonuses and a special surprise.
- Each investor will receive additional discounts on our platform in the following areas: exchange, mining, software, online shop
This ICO has the potential to reconfigure the largest areas in cryptocurrencies. The goal is to involve the community in the project and to participate in the growth of the Cointed project.