THINKCOIN - Digital Currency Designed To Be Used In Future ThinkConnect Trading Platforms


ThinkCoin, or TCO, is a digital currency designed for use in the upcoming ThinkConnect trading platform. ThinkConnect strives to democratize trade using hybridized centralized / decentralized models: ThinkConnect will match market makers with market-makers, then complete off-chain transactions while recording on-net transaction data in smart contracts.

Some of the key benefits of this platform include the ability to trade any financial assets in the world, the ability to trade among colleagues in the global market, and the freedom of completing trades in seconds - not days.

TradeConnect network overview

Participants in the TradeConnect network divide into two roles: ‘Subscribers’ and ‘Providers’. They can be
institutional investors, traders, or individuals.

The Market Maker (‘Makers’) creates the terms of the contract to trade a particular financial product. The contract is signed offline via ethereum and is offered to the market. A ‘Maker’ could be any trading entity or individual.

Counterparties (‘Takers’) can browse the contracts that are being offered and can accept them by signing with their private key. The trading contract is then submitted to an oracle which will sign a contract result and submit it to the smart contract.

There are three kinds of Providers:

The TradeConnect Contract stores the locked 
ThinkCoin tokens which are being traded by the parties and settles the trades made off-chain. The contract is also the guard of the rules.

Relays are the off-chain stores of trading offers created by Market Makers.

Oracles deliver information and ultimately determine the contract result. In addition, the oracle submits the off-chain transaction to the smart contract.

Likely oracles include trusted price providers Bloomberg, Thompson Reuters, Cbonds, Fidessa, Interactive Data, Markit, Morning Star, S&P, Six Financial and all major networks worldwide.


Token Allocation
TradeConnect will issue the tokens in two stages:
  • A Pre-ICO to enable early development and engage participants
  • The ICO itself to enable the systems and structures 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 advisors to reward and incentivise; and the final 24% will be retained for future use, such as a building liquidity pools for significant participants.

The token allocation will break down as follows:


Pre-ICO and ICO
Our Pre-ICO will have two pricing stages:
  • 3rd April - 9th April: $0.21 USD 
  • 10th April - 16th April: $0.25 USD 
During the ICO - 17th April to 30th April – TCO tokens will be 0.30 USD each.
The total number of tokens issued will be limited to 500,000,000.
A total of 60% of available tokens will be issued (up to 300,000,000 TCO) during the offer period.
In case not all 60% of TCO tokens available at the PreICO and ICO stages are sold, the remainder will be burnt 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 token 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

Fund allocation


Details of TCO ICO ThinkCoin

ThinkCoin token sales begin with pre-ICO from March 26th to April 9th, 2018, where you can buy tokens for $ 0.21 to $ 0.25 USD.
The main ICO, meanwhile, is scheduled for April 9 to April 27, where tokens are priced at $ 0.30 USD.
There is a total supply of 500 million TCO tokens. Of the total supply, 60% (300 million) is available during pre-ICO and ICO combined.
TCO Token is the ERC20 token on the Ethereum blockchain.
There is a hard stamp of $ 50 million for a combination of pre-ICO and ICO.

Executive Team

Foto ThinkCoin.

MORE INFORMATION : 






Komentar

Postingan populer dari blog ini

Sprintx - is a platform for entrepreneurs and the development of new business ideas

ZYPCOIN Innovative Connection Platform

LICERIO