ICO Project Cu Coin (CC)
Tokensale Start: 19/04/2019
Tokensale Finish: 20/04/2020
Cu Coin is a project that allows users to purchase metals using cryptocurrency. The project team will store metals in strategically located warehouses, providing profitable supply routes and proximity to industrial and logistics centers. Also, users will have access to a trading platform with which they can exchange their crypto assets.
Business Model Overview Cu Coin (CC)
1. The validity of income
The project will receive income from fees and sales of mined metals. Users will pay a commission fee for withdrawal of funds, the amount of which is 0.5% of the total amount of withdrawn funds. Also, tokens holders will be given bonuses and discounts when buying metals. The project team will enter into partnership agreements to spread the use of the platform around the world.
2. Number of currencies accepted
The project accepts 4 liquid currencies, namely: EUR, ETH, BTC, USD.
3. Token emission
The project has a limited number of tokens. A total of 37 500 CC tokens will be issued.
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 5%.
After the end of the token sale, the project team will buy in bulk various metals. The first metal storage facilities will be located in Germany, and mining is initially planned in Uzbekistan and Zambia. The project team will strive to create warehouses in all major physical markets around the world as its activities expand.
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which positively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 5 000 000 and $ 15 000 000, respectively.
7. MVP availability
The project has been developed by MVP.
8. Risk assessment and insurance
There are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of capital loss for investors.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD