The “Initial Coin Offering”, is a way for a company or organization to raise the funds necessary for realizing their project. Speaking other words it is a kind of crowdfunding on the blockchain. The team collects money by selling their tokens on its blockchain.
However, besides fundraising, the team needs to solve many other problems – ensuring the money from being stolen (high-security level), that the money is not decreasing the value as well as that their native tokens are not depreciated, and etc. The inexperienced beginner often does not have enough knowledge and luck so the project goes to the bottom.
THE OFFER
Do you need professional help? For the site to be complete and not buggy, for all referrals to work properly, the dashboard to have modern effects and so on... And what’s more, for the automatic construction of a token and a smart contract, legal assistance and the solution of related issues. As you can see a lot of things supposed to be fixed before the team will go off the deep end of the ICO stage.
Today I would like to introduce you one interesting project from Turkey dedicated to building a platform for launching other ICOs - an absolutely important and necessary thing in our time and even more so in the future when the number of projects will be much larger. And trust me this will undoubtedly happen.
The name of the project - CoinFast - on the one hand, is an innovative technology company aimed at providing safe and convenient software solutions for ICO, and on the other hand the project itself. CoinFast will be able to lead crypto investors with an easy, comfortable and secure way to participate in ICO events. The team promises to provide users with the most technologically advanced solutions available on the market today.
Characteristics and design features of COINFAST
For the ICO campaigns:
The customer management panel supports tracking your token sales activity and thus allows you to measure the results of your marketing campaigns and improve them.
Coinfast integrates KYC's easy-to-manage, customizable mechanisms into the token launch platform so that your project can meet KYC requirements.
CoinFast conducts an extensive audit of the project - under a smart contract, marketing strategy, sales security issues.
CoinFast creates intuitive designs so that visitors can easily navigate around the platform, quickly and conveniently register, and make their investments.
Coinfast supports individual intelligent smart contracts to conduct crowdsale based on ERC-20 or ERC-223 standards.
The toolbar is available in several languages (en, es, ch, it, fr, de, kr, jp, ru)
Any additional language can also be translated upon request.
Coinfast ensures reliable operation of servers with protection against hacker attacks - the operating time of their servers is 99.9%
So let's summarize. On this platform, at any time, the user will have complete control over his own funds, and therefore he himself bears full responsibility if something happens to his funds. Hackers will not be able to hack the stock exchange and steal users' funds, so trading through the decentralized payment gateway ICO will become safer and more secure. No third parties control on-site processes or user transactions.
PROJECT TEAM
The team behind this product is made from the most talented software developers in Turkey with experience in working with the newest technologies. Together with not less professional marketers, account managers and support team members, the team promises to provide the best possible support and security.
I present you the project team:
Onur Kahraman, CEO
Okan Tubek, Co-Founder & CTO
Ahmet Dogdu, Business Development Executive
Kerem Arafa, ERP Business Analyst
Cagri Bikmaz, Creative Director
Gulay Unal, Full Stack Web Developer
Enes Yagmur, Web Content Editor
Elif Veyses, Data Scientist
Buket Gunes, UI / UX Designer
Ozgur Can Aydin, Lead Software Developer
Onur Yalcin, Full Stack Web Developer
Ali Omer Horzum, Founder & Ceo at TokenSuite
PROMOTION
There is no rating from experts on benchmarking sites, which is generally not surprising, since for example on ICOBENCH the votes of experts are openly bought.
The community of the project for today is 10-15 thousand participants, and this number is made up of approximately an equal number of participants in different channels.
I could not find events in which the COINFAST team would participate, but there are articles about the project.
It will also positively affect my personal review - having reliable partners:
TOKENOMICS AND ICO
The native token for this platform [CFS] is built on the basis of an on-air blockchain, ERC 20 protocol.
The main advantage of the token - as mentioned above - half of the profits from the project will be distributed to the holders/tokens holders.
The base price at the main stage of the ICO: 1 CFS = 0.10 USD (at the preliminary stage, the price is slightly lower and more profitable - 0.07 USD).
A total of 70,000,000 CFS tokens will be released.
Soft cap is $ $ 250,000, and Hard cap four times more - exactly $ 1,000,000, what I count as a reasonable proportion.
PROs & CONs
PROs
- Nice idea
- Low soft cap and hard cap
- Strong team
- MVP
CONs
- Not enough promotion
- Luck of a project uniqueness
CONTACTS AND LINKS TO THE PROJECT
Email: [email protected]
Registration address of the organization: USA, 16192 Coastal Hwy, Lewes, 19958
https://coinfast.io
https://mvp.coinfast.io
https://coinfast.io/documents/Whitepaper_EN.pdf
Social networks:
https://t.me/CoinFast_io
https://t.me/CoinFastOffical
https://twitter.com/coinfast_io
https://www.facebook.com/coinfast.io/
https://bitcointalk.org/index.php?topic=5000420
cryptohare
https://bitcointalk.org/index.php?action=profile;u=1754481
Very precise analysis, thanks.
I do believe this project could gather at least spftcap.