Cobinhood ICO Details

Learn all there is to know about the Cobinhood initial coin offering.


Cobinhood is a cryptocurrency exchange platform that features zero transaction fees and zero cut on margin funding interest earnings. It provides cryptocurrency trading, margin trading/funding, futures...


Status Finished
Token Type ETH (ERC20)
ICO Dates 13/09/2017 - 22/10/2017
Funds Raised $12,755,665
Whitepaper Read Whitepaper
Website Go To Sale Website
Features N/A
Jurisdiction N/A

Background

Cobinhood is a cryptocurrency exchange platform that features zero transaction fees and zero cut on margin funding interest earnings. It provides cryptocurrency trading, margin trading/funding, futures trading, and ICO Underwriting Services. It guarantees 100% reserve for cryptocurrency deposit. Furthermore, its ability to process millions of orders per second has rendered it as a cryptocurrency exchange that is capable of conducting high frequency trading.

Team:

  • Popo Chen: Cobinhood CEO and Founder.
  • Du Jun: CSO, Co-founder of Huobi.
  • Pu-Chen Mao: CTO.
  • Wei-Ning Huang: Advisor.
  • Shao-yu Wang: Advisor.
  • Tz-Iu, Jeng: Advisor.

COB tokens are based on Ethereum ERC20 token standard. A total of 1 Billion COB tokens will be issued, while 500M COB tokens will be available for crowdsale.

Crowdsale Amount: 50% (500M COB tokens) Team-held Amount: 40% (400M COB tokens) Private Placement Amount: 10% (100M COB Tokens).

Crowdsale will be 2 phases as following:

Phase 1 of crowdsale starts on September 1st 2017 and continues to September 30th 2017. The maximum amount of COB tokens issued will be capped at 300M in Phase 1.

Phase 2 of crowdsale will start on October 1st 2017 for 100 days. A total of 200M COB tokens will be issued during this stage. The COBs amount issued to auctioneers is in proportion to the ETH input.


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