What is Coinplace?
Coinplace is a project that aims to help make ICO investing easier to the public. They plan on doing those through the use of two of their tokens. Their first token is for projects that were made during the ICO phase. The second token is for investing in ICO’s in their second phase.
Doing this allows for members to obtain ICO bonuses faster than they would manually. With their intuitive interface, it would be easy for users to obtain ICOs through a few clicks. On average, it will take up to 5 minutes to invest in an ICO using Coinplace’s platform.
People who obtain CPL (Coinplace) Token have the ability to purchase ICO tokens that are placed in Coinplace’s platform. And, token holders will have the ability to vote on Coinplace’s grant fund, which is used to decide what projects should Coinplace invest in. This gives the token-holders the ability to help Coiplace’s token management team and have a say in their future ventures.
- Directly buy or sell crypto from third parties.
- Buy and receive ICO tokens within 5 minutes.
- A decentralized P2P platform that holds over 100 assets.
- A secure and safe place to sell your tokens after the ICO has released.
- Has an MVP which is more than what 90% of ICOs have.
What Does Coinplace Plan to Solve?
Investing in ICOs can be a daunting and lengthy process. Also, they are limited and only allow users to exchange one asset at a time. This makes it harder for users who want to obtain multiple assets and forces them to invest on the ICOs that are easily accessible.
Secondly, ICOs cause for the same problems that we see in traditional payment methods. For example, they have high fees, long transaction times, a complex exchange interface, and a few payment methods.
With Coinplace, users can invest in ICOs in prices that are lower than the current exchanges, obtain supportive P2P systems, and the ability to obtain ICO tokens not just through cryptocurrency but with fiat money as well.
Token Sale Information
- Hardcap Pre ICO: 3,000 ETH
- Hardcap ICO: 30,000 ETH
- 1 CPL = .001 ETH
- ICO Sale: February 2018
- Website: https://coinplace.info/
- Whitepaper: https://coinplace.info/files/WhitePaper_eng.pdf?2
Disclaimer: Only invest in ICOs knowing your own risk and after speaking to an advisor. Our purpose is to inform, not give advice.
- Decentralized ICO Purchases: With Coinplace, it’s easier for users to obtain ICOs without having to use complex exchanges.
- Dual Tokens: CPL token is split into two for both pre and post-ICO tokens. This enables people to gain pre token bonuses while investing in the ICO at a lower price.
- Fiat Money: Coinplace gives you the ability to invest in ICOs using fiat money. Thus, making it appealing to the mass market.
- Whitepaper: The whitepaper contains multiple grammatical mistakes, which can make new users question the credibility of the ICO.
- ICO Integration: What ICOs are going to partner with Coinplace? How are they going to benefit from this project?
To conclude, Coinplace is a good ICO that needs to convey its plans better. Still, its idea to help increase the feasibility of ICO investments is great for the mass market. We’ll have to see how the company fares within the upcoming months.