Intro

ICO’s are booming and so are the scams. Not long ago there was an ICO that used Hollywood actor Ryan Reynolds picture as a part of their team and raised near about 1 million dollars. Nobody in the team listed on the website had anything to do with the ICO and needless to say they disappeared with the money when the news started spreading. So it’s important to look at the team their relevant experience when looking at a ICO and COINMETRO team has plenty of it. The team members have plenty of experience in financial sector. In addition to that they have made a strategic partnership with FXPIG which is a well known Foreign brokerage company with six years of experience.

PROBLEMS

ICO space is filled with scams trying to use the greediness to get more money in a short time of potential investors. And we know about the problems with the exchanges.Its really difficult for a amateur user who’s trying to enter the Cryptocurrency space to get hold of exchanges. Binance the world’s most popular exchange doesn’t accept Fiat, that’s a bummer.Make no mistake Binance is an awesome exchange but the lack of Fiat means that most of the new users will hesitate to buy. When I got started with Cryptocurrencies I faced the same issue and I had to dig deep trying to find a way to buy Eth,setup a wallet ,send it across to another exchange and so on.

Board the Metro

Coinmetro recognises this problem in the existing exchanges and will add the option to buy cryptocurrencies using Fiat as well as cryptos. That’s great ,move over coinbase. Plus they also plan to have several options like limit order,stops etc. In addition to that they will add a HTML5 charting tool which will be pretty awesome if you are one of those traders who like to do Technical Analysis .

Coinmetro will also make a wallet for holding cryptocurrencies like Bitcoin, Ethereum,Ripple, Litecoin and they plan to add more currencies in the future.

Now you might think that my funds are still locked in my wallet, it’s still a tedious process to transfer my funds to my bank account.You need not worry Coinmetro plans to provide the users with a Debit Card using which you can access Fiat and cryptocurrencies from your account.They also plan to offer Atomic swaps in the future.

Tokenised Asset Management

I know what you’re thinking, “I am new to crypto and I don’t know much , how am I supposed to trade ? I am too scared “.

Coinmetro has come up with a solution for this as well. They have introduced TAM where a professional asset manager can sell their unique token to other investors. The investors don’t have to think about trading as the funds are managed by the asset manager.All they need to do is find a Asset manager of their choice and buy his tokens. Now when the fund managed by the manager gives profit, the investors will get a profit as well. The manager gets a commission. The TAM tokens can only be purchased through COIN , which is the native token in coinmetro platform.

Token Metrics

Total Supply of COIN – 500,000,000 COIN

Total COIN Distribution

– 50% through Token Sale

– 20% Liquidity

– 10% CoinMetro Team & Shareholders*

– 7.5% Community Rewards

– 2.5% Advisor Compensation

– 10% Public Pre-Sale

The coins sold at a discount will be subject to vesting so that the price in the market isn’t manipulated. That is a good move to prevent immediate dumping of coinsby the investors who bought at a discount.

My thoughts

Coinmetro plans to bring Fiat supported exchange which will be a huge hit .Just look at how coinbase in doing .In addition to that they plan to add a ICO express platform and TAM which will be help professional asset manager as well as amateur investors. In addition to this they also plan to buyback tokens using the net profit from coinmetro and FXPIG ,plus they will offer discounts to COIN token holders. If they can come up with the things promised especially TAM and the exchange with Fiat the platform will be a massive hit and we know how profitable crpto currency exchanges can be.

The token sale.is currently ongoing and tokens can be purchased from their official website at current price of 0.12 Euro.

Useful Links

Official website

Whitepaper

Telegram

Bounty