CoinCasso is a multifunctional, multi-layered design and hybrid exchange that combines the advantages of centralized and decentralized exchanges. As the first on the market, we give financial benefits to active users.
CoinCasso gives users democratic opportunities to add their coins and personal tokens. It helps with promoting both personal and corporate tokens. The goal is to create, above all, a hybrid exchange, a still centralized exchange, which is the central unit that manages and develops the entire project, but one that gives users the ability to decide which tokens and which coins will appear on the exchange and what services will be offered. CoinCasso is more than just an exchange, it is a multi-layer product. The profit which we share with active users will come from the following parts of the project:
- CoinCasso Exchange 2.0,
- CoinCasso Pay Wallet App,
- Quick exchange,
- Payment gateway,
- A network of ATMs,
- PoS - payment terminal.
A powerful number of transactions per second with the possibility of increasing this amount in times of overload
- Trade margin
- 9 Types of order in a trading
- Optimised UI/UX
- Trusted ICO/STO Provider
- Profits and bonuses for CCX holders
- Currency FIAT, Corporate/ Personal tokens supported
- 24/7 Users Support
- High-Security Level
CCX tokens work in a similar way as tokens on other exchanges but they have additional value for the users of the exchange. Owners of the tokens have the ability to participate in the company, reduce the transaction fees and give the token holders the right to receive a part of the profit made by the company.
CCX tokens are implemented based on the most popular and advanced ERC20 protocol. The base for the tokens is the Ethereum blockchain with is relatively fast compared to alternatives. Thanks to that technology platform is able to implement the token for all the payments processes and all of our sites without limitations. The main goal of the token will be to provide the possibility to freely trade and exchange tokens between users, CoinCasso services and transfers between traders and other instruments. Holders of the CCX tokens will be able to trade CCX in pairs with all other currencies available on our market.
CCX token holders will have a possibility to exchange fractional part of (~< $0,5) tokens for CCX and the payment option for trusted trading commissions. What’s more, they will also have the right for immediate, unlimited and free transfers between members of our platform. Free transfers will be available between CoinCasso Exchange, CoinCasso wallets and ATM network for all token holders (members), as long as all services are performed within our internal infrastructure.
CCX token holders will have also the right to possess the so-called CCX-POWER tokens, i.e. “freezed” tokens kept in a verified wallet for a specific time.
All new listing of coins beyond the initial ones will require additional assessment. CCX-POWER holders will have the privilege to vote and decide which of the planned tokens they want. Coins of the completely new project or less known in the global markets will be added on demand in the first place in pairs to CCX. If you or your project is based on token or coins and have a problem with listing on any market this is another reason why you should get CCX-POWER.
CCX-POWER are CCX tokens that the user has kept in the verified wallet for a limited time. They give access to participation in the life of the company and receiving a profit. CCX-POWER is available only for authenticated users.
Features related to CCX-POWER will be available after launching the CoinCasso Exchange 2.0.
To convert CCX tokens into CCX-POWER you have to block them in a special wallet on the user's page on the exchange platform.
After the specified time has passed, the status of CCX is "CCX-POWER". The time depends on the number of tokens you have. This mechanism is to prevent manipulation of the CCX price on the exchange.
Exclusive features and advantages of having the ССХ-POWER token:
- 80% of the exchange profits are distributed among CCX-POWER owners,
- Reduction of commission for transactions depending on the amount of CCX-POWER (field fees)
- The right to vote in order to add tokens
- The right to participate in voting for the structural changes of the exchange
- For holders of a large amount of CCX-POWER exclusive invitations to events and material rewards
- For holders of a large amount of CCX-POWER, it is possible to add a token for a vote to add it to the exchange
- Opportunity to participate in other CoinCasso projects (e.g. CoinCasso Capital Foundation)
There are 320 stages during the main sale period (February 15 - December 31).The stage lasts 24 hours (1 day). The price of the token increases with each stage. At each stage of the main sale, 218,750 tokens are available for sale. Tokens that do not sell at a certain stage will be burned. Check the chart on CoinCassio.io.
The initial proportion in % 20/80 (company/holders) should remain. In case of scenario that not all tokens are sold in that period of time, all remaining tokens are subject to burn or destroy to keep planned initial proportion. The company can repurchase tokens from the market in the future. If hard-cap or deadline is reached, the sale event will close automatically. We reserve the right to extend the sale for a further 6 months in the situation of a significant loss on the value of ETH and in case of the absence of a satisfactory sale of a token. CCX token due to its adaptable characteristics is not limited to the main tool for exchanging FIAT and digital currencies but also as a tool that allows transfers between our users, applications, and services ordered currently and in the future by the CoinCasso Group.
Use of funds
The proceeds from the token sale will fund the services and products launch, continued platform development and user acquisition:
- 30% Exchange Platform Development Includes opening of development centres in Europe
- 20% Marketing and Events The marketing budget is not large compared to the target number of end project services as well as a number of customers we intend to acquire. The key source of new customers is going to be word-of-mouth, as the product gives users also the possibility to get profit with affiliates marketing option added to our platform.
- 15% ATM’s Network Optimistic hard-cap should cover installation and service up to 1000 machines across the world.
- 10% Liquidity
- 10% Mobile Wallet & Pay app Development
- 5% Payment Gateway
- 5% Company operation cap Required to cover company formation and legal cover, insurance, accounting, and administration. It will also allow us to obtain licenses and translations, build structures and architecture needed depending on the countries in which we will operate.
- 5% Product research and monitoring Creation of own research and development unit allowing company for independent or partner work on introducing modern and out-of-date products and services mainly based on blockchain technology that are not included in this whitepaper.