Cointed – We all know the fact that cryptocurrency is something that defines the future. A lot of online platforms accept and started dealing in crypto, and its applicability is increasing day by day.
Though, the central thing to know about the usage of virtual currency is that how to incorporate it into your routine life, and how to securely exchange your cryptocurrency with fiat currency. Cointed has come up with an answer.
The chief aim of the platform is to function as a bridge between the virtual and the real world as it comes to convenient cryptocurrency’s integration. It doesn’t only offer a lot of helpful ideas which would be applicable shortly, but also provides a pool of fully functioning business models.
Cointed has 100 operational multi-cryptocurrency ATMs established in Europe, letting them become the most significant provider on the continent. Also, the platform offered an exchange with more than 15,000 users and had associated with several green mining farms all over the Europe. Cointed is also in the last stages of acquiring their banking license, expanding their provisions’ range. The platform allows availing payment solutions for online businesses and conventional stores.
They not only provide these services but also turn a significant profit. In 2015, after getting benefited with $7 million in sales, they got a $120,000 profit. In the previous year, they reached $30 million in sales making a profit of $600,000.
Their Pre-ICO phase initiated on the 20th of October and will end on November 19. A total of 130,000,000 CTD tokens will be made available. Participants during this phase will get a 15% bonus until either all of the tokens get sold, or the sale ends. Total 1,000 CTD can be purchased for 1 ETH, which is the base of making a purchase.
If all the tokens get sold before the closing date, the Pre-ICO B phase will start. Contributors in this slot will get a 10% bonus until 650,000,000 CTD tokens get sold, that is also the token limit, or until the Pre-ICO closing date of the November 19.
Also, the first 1,000 contributors in the Pre-ICO phase who are contributing a minimum of 20 ETH will get a free Cointed Limited Card.
The ICO will take place from November 20 this year to February 28, 2018. All of the funds collected will be utilized for the international expansion of the platform. Total 30% will be spent on development; another 30% will be used on the workforce, 25% on licensing as well as partnerships, and the rest 15% will be spent on marketing.
Since starting operations in 2014, Cointed has acquired over €100 million in revenue.
Disclaimer :The opinions communicated in this article do not represent the views of Coindelite or any of its team members. Coindelite is not responsible for the reliability of any of the data provided in Sponsored Stories/Press Releases, for example, this one