What is CoVEX?
Basically, CoVEX is a cryptocurrency platform that allows trading of cryptocurrencies. CoVEX will provide a platform for traders to exchange cryptocurrency, share their ideas and knowledge, enhance their copy trading skills and compete with others’ trades within their trade/investment groups. Once CoVEX has been fully developed, it will be a one-stop platform where people can utilise exchange facilities, payment facilities and build up their own ICO project all in one place.
CoVEX is building the Blockchain nexus of the future. Startups, small and large businesses rely on our data and range of services to power their decision-making. We are a group of expert developers, traders, analysts and evangelists that believe in the paradigm shift that the blockchain represents. CoVEX believes every trader has their own trading story and always appreciates their investment. CoVEX users will be able to enjoy direct and indirect bonuses by trading, referring, discounting and awarding commissions.
Services Offered
Below are services provided by CoVEX exchange
- Instant Exchanges
- Social Trading features & Sophisticated Follow Trading
- Leveraged/Margin Trading
- P2P Loans
- Prepaid Cards
- Quickly reach the market with a fully managed on-boarding procedure
- Removes conflict between platform and traders
Covex Platform
The Covex R & D team is developing a stable and secure platform. When CoVEX competes with its' development, it will actually become a one-stop platform.
Inside the CoVEX platform, traders not only exchange cryptocurrencies but also share their ideas, copy trading skills and compete with other people's trades within the CoVEX network. We believe the social aspect between merchants, and sharing information is priceless. CoVEX provides a hybrid trading platform for merchants with excellent trading tools, volatility warnings, market updates, up-to-date news and a dedicated customer support team.
• Financial saftey
• Multiple cryptocurrency support
• System security
• A high-perfomance engine
• Financial level stability
• Daily bonuses divided between CoVEX token holders
• Invitation bonuses
Why You Should Purchase CoVEX Tokens?
Buy and sell cryptocurrencies through the CoVEX exchange!
Trading through the CoVEX Market gives you total control over your money and allows you to deal directly with the platform and other users in our blockchain.
- We have an Incentive for Stake (IFS) model that is designed specifically to maintain a continuous rewards program for CoVEX Token Holders.
- Earn more CoVEX tokens based on a host of referral and invitation program features.
- CoVEX will list over 100 cryptocurrencies for spot trading within a few months after the platform goes live.
- We are a globally available trading platform.
- A growing network of internationally-recognized partners.
- We strongly believe that the CoVEX token will become one of the most highly distributed tokens in the Ethereum network.
The CoVEX smart contract is based on the next-generation ERC223, where merchants can trade and exchange cryptocurrency, copy trading skills and compete with their respective trades within their investment group. In other words, we take social / copy trading, margin trading, and payment gateways to a transparent, highly secure and reliable way. The CoVEX sign-to be implemented on Ethereum Blockchain under the standard ERC223-will act as revenue generating cryptocurrency. This will allow the token holder to receive revenue in the form of transaction fees.
ICO
- Pre ICO
Start date: 12th May 2018
End date: 8th June 2018
Price: 1ETH = 3000 CoVEX
30,000,000 CoVex - 1st ICO
Start date: 7th July 2018
End date: 3rd August 2018
Price: 1ETH = 2000 CoVEX
81,250,000 CoVex - 2nd ICO
Start date: 1st September 2018
End date: 30th September 2018
Price: 1ETH = 1000 CoVEX
81,250,000 CoVex
No Bonus
Token Distribution
Phase 1 ICO - 32.5%
Phase 2 ICO - 32.5%
Pre-ICO - 12%
Dev. Staff & Strategic Partners - 10%
Board of Directors and Advisory board - 5%
Bounty & C reative Rewards - 5%
Legal, Marketing & Miscellaneous - 3%
Use Of Proceeds
Bounty and Overhead - 2%
Operational and Overhead - 8%
Legal and Financial Overhead - 10%
Branding and Marketing - 25%
Protocol and Software Developmen - 55%
Road Map
- Q3 2017
Initial concept and first board meeting. - Q4 2017
Formation of the projects technical team for Project. Domain registered and website created. - Q1 2018
Formation of the marketing team and legal team. Whitepaper created. - Q2 2018
Alpha version of Exchange. Technical whitepaper and Pre- ICO. - Q3 2018
First ICO. Second ICO and live Exchange demonstration. - Q4 2018
Exchange goes live. - Q1 2019
Incubator service and, Underwriting services created. - Q2 2019
P2P Loan Service Platform
Margin Trading & Lending Platform - Q3 2019
Payment gateway - Q4 2019
Prepaid Card Services
Meet the Team
Conclusion
CoVEX's solution lies in its powerful R&D team, which ensures a world-class stability and quality service. In the meantime, CoVEX's capable operation team shall create a bright and prosperous future through long-term and large-scale online/offline promotions & operations.
Find out more visit
Website: http://covexlabs.com/
Whitepaper: http://www.covexlabs.com/#litewhitepaper
Telegram: https://t.me/joinchat/FGqocRL7Oj3p-YYV3mu2Ng
Published By: Hurricanecol
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1576406