The CompositeCoin platform is designed to connect potential investors to innovative projects that are economically viable. The platform is made up of independent experts in two key areas: Technical and Business experts. The duty of the technical experts is to evaluate and give expertise advice/opinion on the project based on the scientific and technical prospects of the project being prepared for ICO. The business expert as well will examine the inherent commercial aspects of the project which ranges from the market attributes, project teams, commercialisation prospects, financial models, financial analysis, cost implications, etc.
The CompositeCoin platform brings together innovative projects for the real economy and their potential investors. Unlike other aggregators, the third and mandatory side of the process are experts, if necessary also performing the role of mentors in the development of business innovation projects.
The first stage is to register the application of the intended project. At this stage the contents of the project is only visible and available to the experts.
The second stage is the evaluation of the project. Experts will commence the evaluation of the business and technical components of the project. The expert evaluation process entails determination of the potential investment risk levels on the project. Experts will examine the projects and ask questions as dimmed necessary for clarification. Undue influence by the project initiators shall be avoided by interacting anonymously through the use of the trading platform personal account. After the expert evaluation, the project is published in the public domain. The expert opinion of the CompositeCoin platform will be attached to it. The investors, registered on the platform, will study the new project as well as expert opinion on the project. They can ask questions to the project initiators and experts.
The composite coin platform shall receive a commission for placing every project on it. The commission is 1% of the funds raised by the project on ICO + 2% of tokens. Projects with excessive high level of risk (experts forecast), the project’s tokens will be sold within the first month after they appear on the cryptocurrency exchange markets. Projects considered to be promising by the experts shall be recommended. The tokens will remain in the form of medium or long term investment of the trading platform in order to maximise profit for the holders of the CompositeCoin tokens. 30% of the platform profit is sent to the holders of CompositeCoin tokens strictly on pro rata basis to their share in common ownership, 30% are received by experts and 40% is directed to the platform for development and promotion.
In view of a possible conflict of interest, the team have decided that the remuneration payment to experts will in no way depend on the project ICO success on our trading floor.
The experts are rewarded based on the income derived from the CompositeCoin platform. The earnings motivate them to put in their best and as such will result in quality and optimal results in output. This will enable us to receive a fully independent expert opinion on the risks involved in the proposed investment from projects. The use of qualified experts on the platform will increase the investors’ confidence on the choice of investment portfolio.
The third stage is the publication. At the final stage, the investors registered on the platform study new projects placed on the platform within the framework of the ICO and carry out their purchase.
CompositeCoin platform offers an opportunity for diversification investment, for start-ups the opportunity to attract funding for the Pre-ICO. Start-ups receive services funds directly into the project. For the investor, expertise and technical support are provided free of charge.
With experience gained in conducting entrepreneurial activity among various innovations, CompositeCoin team have observed the inadequacy and untimely financing to be one of the main problems of new innovative developments. The projects on our platform shall receive cogent expertise and mentoring services. The team visibly see a huge market that will position us as a financial mechanism for business success for both innovative projects and investors.
The project platform connects investors and entrepreneurs directly as promptly as possible, by minimising the costs and time for searching for projects and conducting their expert’s examination.
All the composite coin experts are people with vast entrepreneurship experience. They will evaluate the expertise role they played based on the results of the development projects. Basically, the CompositeCoin will play the role of an escrow agent, guaranteeing investors the compliance with the obligations undertaken by those who initiated the project.
Only innovative projects from real economic sector will be accepted. For example, social network, virtual banks, etc. will not be accepted on our platform. The special Areas chosen shall be done to attract investors who are our target audience.
The Technology Concept:
To an Investor: Evaluation of proposed project by qualified specialists. This step significantly reduces the risks of the investor’s capital
To a Company: This step creates the possibility of portfolio investment in a number of selected priorities. This diversification strategy makes investing accessible to a wide range of investors, both the experienced and non-experienced investor.
To an Expert: The platform combines the function of the necessary service component and ease of use. The intuitive structure of the platform makes the investment process simple and logical.
COMPOSITECOIN ROADMAP
March - July 2017 Development of the “CompositeCoin platform concept
August – October 2017 Preparation for entering PreICO
November 2017 Start of the PreICO advertising company
January 2018 Development of the Composite platform
1 May to 1 June 2018 PreICO, Creation of ICO
1 July to 1 August 2018 ICO Start
August 2018 Entering the “CompositeCoin” tokens on the stock exchange. The platform functionality further development
September 2018 The “CompositeCoin” platform launch
November 2018 50 first placed innovative projects
January 2019 500 placed innovative projects
March 2019 Launch of exchange trades to ensure maximum liquidity of issued tokens.
ICO Token Distribution:
Total issue of tokens: 15000000 (15 million)
• 70% Placed on the ICO
• 20% Reserved for the project team
• 5% Mentors
CompositeCoin Official website: http://www.compositecoin.io/en
Whitepaper: http://www.compositecoin.io/img/presentation_eng.pdf
Author’s Profile: https://bitcointalk.org/index.php?action=profile;u=1717893
