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...
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.
- 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.