ThinkCoin (Think of a new era of global trading. ThinkCoin)

in #ico7 years ago

What is ThinkCoin?

ThinkCoins is a cryptocurrency designed to trade financial products and digital commerce tokens that support the TradeConnect network. By applying blockchain in the trading world, ThinkCoin allows users to trade forex, commodities, stocks, and other financial products in a simple, safe, and easy-to-use way.

Why must ThinkCoin ?

Because a global financial markets are dominated by banks, financial institutions, and other market participants who operate primarily via fiat currencies and legacy settlement processes.

In new world of technology means ThinkCoin can now deliver greater transparency and access to all market participants. Established financial players have so far failed to take the opportunity that blockchain technology has to offer.

And in Other problem:

  1. There is no single provider that connects all markets like crypto, equities, CFD, physical, and futures.

  2. As markets shift it is hard to switch from trading cryptocurrencies into trading other asset classes

  3. Multiple trading or exchange accounts are required, and are mostly dependent on fiat

  4. It is costly and time consuming to move funds between providers

And ThinkCoin will create a cutting-edge new multi-asset trading network that will connect all traders to all markets. We are calling this network TradeConnect. This network will enable seamless trading across multiple traditional and non-traditional financial markets using cryptocurrency accounts made possible by blockchain technology and the distributed ledger. To raise funds to design and develop the network, we are launching an ICO of ThinkCoin, a bespoke new digital token that will underpin trading on the network.

ThinkCoin Initial Coin Offer

During the initial coin offering (ICO), TradeConnect will issue virtual currency tokens called ThinkCoins (TCO). There are many reasons why ThinkCoin have chosen to carry out an do initial coin offering (ICO).

  1. An initial coin offering not only allows ThinkCoin to onboard participants from different regions, but also to incentivise them to promote the TradeConnect network via affiliate commissions.

  2. Tokens provide liquidity since they can be traded on various networks after the ICO. In addition, Participants will have the option of buying and selling their tokens on many exchanges around the world.

  3. Finally, and most importantly, we want to democratise trading: TCO tokens will be used to trade a vast array of financial products and we want as many people as we can to join the network on launch.

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

The base price of TCO tokens will be $0.30 USD

ThinkCoin Pre-ICO will have two stages, with a different bonus

during each period:

  1. Phase one: 3rd — 23rd April 2018: 45%

  2. Phase two: 24th April — 18th June 2018: 22%

In case not all 60% of TCO tokens available at the Pre-ICO and ICO stages are sold, the remainder will be burnt in order to maintain the distribution as specified above.

The Hard Cap for the Pre-Sale, Pre-ICO and ICO will be $30,000,000 USD.

Project roadmap

Phase One

July 2018

• Development work begins on TradeConnect Personas and Liquidity algorithms.

• Development work begins on on/off-chain settlement process for maker and takers

• TradeConnect protocol and smart contract details for FX and CFD trades finalized

• TradeConnect license upgrades submitted globally for exchange Trading

• Global license additions submitted for Japan, US, Singapore and South Africa

• Launch of the TradeConnect Wallet

• Working Alpha UI submitted for TradeConnect wallet and trading platform

• Integration begins for liquidity providers and early adopters

• ThinkCoin (TCO) listed on Exchanges

• Beta UI Submitted for TradeConnect wallet and trading platform

• TradeConnect network goes live in Alpha to select testers for pricing only

• TradeConnect network API finalized

August 2018

• Beta UI submitted for TradeConnect wallet and trading platform

• TradeConnect network goes live in Beta

October 2018

• FX and CFD trading on the ThinkConnect network begins

• ThinkCoin used as official currency for TradeConnect

• TradeConnect network open to integration for institutional liquidity

• Daily Connect fee distribution starts on TradeConnect

November 2018

• ThinkMarkets joins Trade Connect network and begins process of integrating its user base as participants on the network

December 2018

• Target approval of TradeConnect exchange trading licenses for NYSE, NASDAQ and CME

Phase Two

Exchange Trading Integration

January 2019

• TradeConnect begins offering trading in equities, commodities, futures and more. Customer can now buy stock in companies using ThinkCoin (TCO) smart contract on the network

• TradeConnect opens trading for the institutional sector for hedge funds, prime brokers, asset managers and corporations

March 2019

• TradeConnect allows trading in equities for investors in Japan, Singapore, Europe, and Australia.

July 2019

TradeConnect IPO
THE TEAM
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For Information please visit :

Website : https://www.thinkcoin.io/

Whitepaper : https://docsend.com/view/gkmmze3

ANN Thread : https://bitcointalk.org/index.php?topic=3077146.0

Facebook : https://www.facebook.com/ThinkCoinToken/

Twitter : https://twitter.com/ThinkCoinToken

Telegram : https://t.me/thinkcointoken

My profil link : https://bitcointalk.org/index.php?action=profile;u=2181373

BTT username : yulius

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