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COVEX:Blockchain Technology

ABOUT COVEX
CoVEX is a one stop trading platform for Cryptocurrency Exchange, Social Trading, Margin Trading & Lending, P2P Loan, Prepaid Card, Payment Gateway and ICO Underwriting services.
Introduction
Businesses thrive when execution of the plan is right. And, product fits the market. Innovators look into the future and create solutions that will survive. It is the combination of right opportunity and right skills that land great results. One who learns the art of survival is the one who knows the art of winning. Cryptocurrency is one such tool which arrived at the perfect time for people and businesses.
Unnoticeable to a large population in its early days, it now boasts of billions of dollars of market capitalization in different altcoins that are being launched rapidly in the open market. The centralised institutions are being challenged with the rapid advancement in the decentralised technology, which is continuously developed for efficiency and transparency. Blockchain technology is the future of decentralised application development. What do you think we can create with the right technology?
Our Services
  1. Crypto Exchange Platform Cross-border: We will create opportunities for traders and investors to buy, sell, and exchange their favorite cryptocurrencies at current prices and set at low cost.
  2. Social Trading Platform: Our platform will allow users to manage their funds and tokens to copy-trades from top traders and top traders can share their trading experience with new users helping new investors to learn more about the market. The platform is transparency and security will be enhanced, giving users full control over their trade funds and investments.
  3. Cross-border Margin Trading: Our platform will allow merchants to borrow or lend tokens for margin trading.
  4. CoVEX Payment Gateway: Our payment gateway will allow our users to transact easily between cryptos and fiat currencies in the future such as USD, GBP, and EUR. In the future, the wallet service will be equipped with a prepaid card or a credit card that will allow users to quickly access their funds.
  5. P2P Loan Service: CoVEX will implement a platform enabling lenders to lend to borrowers based on selected credit decision packages. This will be determined by the ML algorithm that assesses recommended fraud, identity and other credit rating agencies.
Solution Offered
COVEX is the latest blockchain technology platform offering a one-stop solution for cryptocurrency trading. It provides cryptocurrency trading services to the users all over the world. 50% discount is offered to the COVEX Token holders on the COVEX cryptocurrency exchange. Open chatting and personalised messaging service are available on the platform during cryptocurrency exchange. User-friendly and efficient system are the two key elements of their cryptocurrency exchange. ERC 223 Smart contract is being utilised on the platform for the enhanced security and privacy of the users. Research and data backed platform presents a great opportunity for the traders and users across the world to utilise the capability of the bitcoin trading.
COVEX SERVICES
Cross-border Crypto Currencies-Exchange Platform : We will create opportunities for traders and investors to buy, sell and exchange their favourite cryptocurrencies at current and determined prices with low fees charge.
Social Trading Platform: Our platform will allow users to set their funds and tokens to copy-trade form top traders and top traders can share their trading experience with the new users which helps new investor to learn more about market. The platform is transparency and security will be enhanced, thereby giving users complete control of their trading funds and investments.

Machine learning algorithms are utilised to search for the best trades and the ones which are the most profitable portfolios on the platform, which helps the investors to decide which trades to copy. Cryptocurrency lending opportunities are also provided on the platform for the investors, who wish to earn regular interest on their balance. The source of revenue for the COVEX platform includes small transaction fee for each of the transactions made on the platform using different options.
TOKEN SALE
  • CoVEX Token is Privately Funded & Fees Distribution Cryptocurrency.
  • Pre ICO Start 12th May 2018 End 8th June 2018: 3000000 CoVex
  • 1st ICO Start 7th July 2018 End 3rd August 2018: 81250000 CoVex
  • 2nd ICO Start 1sth September 2018 End 30th September 2018: 81250000 CoVex
Pre ICO
  • Beginning May 12, 2018
  • End of June 8, 2018
  • Number of tokens: 3000000
  • 1 ETH = 3000 CoVEX
1st ICO
  • Starting July 7, 2018
  • End of 3 August 2018
  • Number of tokens: 81250000
  • 1 ETH = 2000 CoVEX
ICO-2
  • Starting September 1, 2018
  • End of September 30, 2018
  • Number of tokens: 81250000
  • 1 ETH = 1000 CoVEX
Distribution of tokens & Use of proceeds
USE OF PROCEEDS
  • 2% Bounty and Overhead
  • 3% Operational and Overhead
  • 10% Legal and Financial Overhead
  • 25% Branding and Marketing
  • 55% Protocol and Software Development
  • ROADMAP
  • Q3 2017 Initial concept and First Board Meeting
  • Q4 2017 Technical team was formed for Project, domain registered and website
  • Q1 2018 Marketing team and legal team formed, white paper
  • Q2 2018 Alpha version of Exchange, Beta version of Exchange, Technical whitepaper and Pre- ICO
  • Q3 2018 First ICO, Second ICO and Live Exchange demonstration
  • Q4 2018 Live full Exchange
  • Q1 2019 Incubator service, Underwriting services
  • Q2 2019
  • P2P Loan Service Platform
  • Margin Trading & Lending Platform
  • Q3 2019 Payment gateway
  • Q4 2019 Prepaid Card Services
TEAM

PENASIHAT


 

For more information and to join CoVEX social media, please follow some resources for the following references:
ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583




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