Coinet chooses Stox prediction markets platform to launch their ICO predictions

Coinet specializes in the development and implementation of projects based on blockchain technology with innovative financing mechanisms (ICO’s). Stox, the blockchain predictions market platform will launch the first of Coinet’s predictions on Monday, June 25th.

As part of the partnership with Stox blockchain prediction markets platform, Coinet has sponsored two predictions on Stox’ popular platform in support of their ICO launch. Their white paper explains the challenge that borrowers have from traditional lending institutions, as those institutions usually expect collateral for funding. Coinet aims to solve this problem by generating funding via blockchain. With the arrival of blockchain and similar consensus protocols of transactions in distributed systems, the opportunity arises to make these practices more transparent, faster, safer and with greater scope. The fact that a blockchain is a decentralized network allows the entrepreneur to transparently offer their proposal to the investor community.

As a result, blockchain has become one of the booming technologies in recent years. Blockchain provides tools for registering and executing transactions that favor a decentralized economy among people, without the need for opaque intermediaries. Blockchain allows the creation of platforms where there is no need for prior trust between the participants of the transactions to honor their commitments.

ICOs (Initial Coin Offerings) are an innovative means of financing that allows obtaining funds for the development of technological tools, however, the creation of an initial offer of currency leads to an investment of time and money that is beyond the scope of many entrepreneurs. This is where Coinet’s blockchain project management solves issues with their expertise in bringing blockchain projects to market.

Each prediction will have a prize pool in both STX and COT tokens. The two prediction questions will be as follows:

‘’How many members will be in the Coinet Telegram group on July 16th?’’ and

2. ‘’How many COT tokens will be sold during the Coinet tokensale?’’

ICO Event Information

Coinet has set their soft-cap goal at $200,000 (400,000 COT), with their hard-cap goal set at $1,400,000 (4,000,000 COT). The token sale runs from 22 June through 28 July.

To learn more about Coinet and their blockchain project management services and the token sale, visit their website, or follow them on Telegram or Twitter.