After a successful Pre-ICO round that raised over $500,000, CoinPlace announces the start of its ICO campaign on Tuesday, March 20, 2018. The ICO will last for two months. The total number of 35,000,000 CPL tokens will be distributed within the campaign.
CoinPlace aims to become the eBay for the wide variety of cryptoassets and the PayPal for new businesses based on the ICO model. Unlike 90% of ICOs, CoinPlace presents an already operating MVP where users can trade a large number of cryptocurrencies and tokens directly between each other and may use fiat payment methods available in 150 different countries. A major focus is on a user-friendly mobile application that will make cryptocurrency payments extremely simple. Furthermore, as announced at the GSMA Mobile World Congress 2018 in Barcelona, the CoinPlace platform will be integrated in the Just5 CoinPhone, the first mobile phone with a built-in hardware wallet, secure authentication environment, and cryptocurrency payments functionality.
The advisory board of CoinPlace is comprised of many professionals from different fields, such as banking, finance, cryptocurrencies, cyber-security, consulting, e-commerce, and IT. The platform was created with the vision of solving a series of issues and eliminating limitations of the existing P2P platforms. “The platform offers extensive opportunities for fast and safe exchange of digital assets based on the blockchain technology with a user-friendly interface,” says George Blagov, the CEO of CoinPlace. “It allows to exchange a large number of cryptoassets, eliminates high commissions, provides anonymity, and offers a wide range of payment methods.”
CPL tokens are based on a deflation model. “Our model is one of the strongest in the market at present day,” comments Stanislav Teo, the CSO of CoinPlace. “From 10 to 30 per cent of tokens from the turnover on the platform will be burned out within a period of three years or until the price of a CPL token reaches $100,” he explains. “CPL token now costs $0.5.”
By the end of 2018 the platform is expected to support over 10 cryptocurrencies and offer the customers 100 ICO tokens. All CPL token holders, as members of the CoinPlace Prime Membership Club, will benefit from the exclusive terms offered to them for the purchase of ICO tokens placed by CoinPlace.
CoinPlace sets on its mission to make the cryptoasset trading more accessible, transparent, and secure for the global cryptocurrency industry.
See more details at https://coinplace.info/files/WhitePaper_eng.pdf?1521407522