ICO Project CoinMarketFeed (CMF)
Tokensale Start: 01/02/2020
Tokensale Finish: 31/03/2020
CoinMarketFeed is a project that provides users with the opportunity to exchange information about the cryptoeconomics and collect their own investment portfolio based on cryptocurrencies. Users will be able to organize online consultations with leading cryptocurrency traders. Also, users will be able to track the authenticity of any content published on the platform, thanks to the use of Blockchain technology.
Business Model Overview CoinMarketFeed (CMF)
1. The validity of income
The project will receive income from user fees for subscribing to the platform, advertising and commission fees. The CoinMarketFeed platform offers the free CoinMarketFeed Pro monthly subscription model. Users who have purchased a CoinMarketFeed Pro subscription will have access to the platform’s exclusive features, and they will also not have any ads on the platform. Companies that want to advertise their products and services on the platform will be able to get a 25% discount when paying for advertising using CMF tokens. Also, CMF tokens will be used to reward content creators on the platform. Users will also receive a 25% discount on consulting services when paying with the CMF token.
2. Number of currencies accepted
The project accepts 5 currencies, namely: ETH, BTC, LTC, BCH, BNB.
3. Token emission
The project has a limited number of tokens. A total of 1,000,000,000 CMF tokens will be issued (p. 28 White Paper).
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 60%.
The provided flow chart shows the project goals until 2021 (p. 34 White Paper). After the token sale, the project team will allocate funds as follows: 25% - “Marketing and branding”, 30% - “Costs to attract users”, 15% - “Operating expenses”, 5% - “Partnership and legal expenses”, 25% - "Promotion of the project."
6. SOFT CAP / HARD CAP Ratio
Evaluation of the SOFT CAP / HARD CAP ratio is not possible because the project does not have a SOFT CAP value. The value of the HARD CAP is $ 37.5 million.
7. MVP availability
The project has been developed by MVP, which is available at https://coinmarketfeed.com/.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token holders.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD