Introducing Thinkcoin
Our Initial Coin Offering
During the intial coin ofeering (ICO). TradeConnect will issue virtual currency tokens called ThinkCoin (TCO).
There are many reasons whiy we have chosen to carry out an do intial coin offering (ICO). First, an initial coin offering not only allows us to onboard participants form different regions, but also to incentives them to promote the TradeConnect network via affiliate comissions.
Second, tokens provide liquidity since they can be traded on various on various networks after the ICO. In addition, Prticipants will have the option of buying and selling their tokens on many exchanges around the world.
Finally, and most importantly, we want to democratise trading TCO tokens will be used to trade a vast array of financial products and we want as many people as we can to join the network on launch.
Token Allocation
TradeConnect will issue the token in two stages:
- A Pre-ICO to enable early development and engage participants
- The ICO itself to enable the systems and strcutures to be built
In addition to these stages of token issue,1% will be retained to be used as bounties during the pre-ICO and ICO: 15% will be allocated to management, employees and advisory to reward and incentivise, and the final 24% will be retained for future use, such as a building liquidity pools for significant participants.
Pre-ICO and ICO
The base price of TCO tokens will be $0.3 USD. Our Pre-ICO will have two stages, with different bonus during each period:
- Phase one: 3rd - 23rd April 2018: 45%
- Phase two: 24th April - 18th June 2018: 22%
In case not all 60% of TCO tokens will available at the Pre-ICO and ICO stages are sold, the reminder will be burn in order to maintain the distribution as specified above.
The Hard Cap
The Hard Cap for the Pre-Sale, Pre-ICO and ICO will be $30,000,000 USD
Bounty
TradeConnect may offer additional tokens bonuses or discounts to Pre-ICO and ICO participants. These may include bonuses for significant investments or for support online and on social media. Details can be found on at ThinkCoin.io.
Fundraising Target and Soft
We anticipate the ICO to be a huge success and raise a much larger sum than our minimum raise, or soft cap.
To develop the intial version of the TradeConnect network we are targeting a soft cap of $5.000.000 USD through the Pre-ICO and ICO.
If we are unable to raise this sum, the funds comitted by participatnts will be returned. A more significant raise will enable us to develop the network further, increasing its capacity and speed, with more products and participants.
TimeLine
The preliminary timeline is:
- Pre-sale: 5th March - 2nd April 2018
- Pre-ICO: 3rd April - 18th June 2018
Fund Allocation
Team
Nauman Anees : Chief Executive Officer & Co-Funder
Michael Herron : Strategic Advisor
Faizan Anees : Director and Co-Founder
Adil Siddiqui : Director of Operations
Rodolfo Festa Bianchet : CEO & Co-Founder of Tradeinceptor
Naeem Aslam : Chief Market Analsyst, ThinkMarkets
Harshad Kale : Director of Finance
Andrew Lowry : PR & Content Manager
Alla Polyanskaya : Audit & Compliance Manager
Imane Benhima : Digital Marketing Manager
Caroline Olsen : Marketing & Social Media Manager, TradeConnect
Keith Goldon : Marketing Advisory
MORE INFORMATION
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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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