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Covesting: a Peer-2-Peer Digital Asset Platform

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In the last years, cryptocurrencies turned out to be the the most efficient way of growing an investment portfolio. It brought phenomenal rewards for those who chose to invest. Long term shareholders, as well as day traders, benefit from the opportunities offered by the most  appealing market the world has ever seen.

However, investments into cryptocurrencies requires time, specific knowledge, specific skills, as well as professional tools to be successful. The hardship is the key reason why most people simply miss tremendous opportunities brought by this tremendous market. Basically, what Covesting platform does is allowing its users to automatically copy the trades made by the successful cryptocurrency traders and profit.

Covesting is allowing its users to automatically copy the trades made by the successful cryptocurrency traders and profit.

 

COVESTING Token

The COVESTING tokens are both an ERC20 token and a smart contract system built on the Ethereum blockchain which are designed to be used by members within the COVESTING platform. Following this standard, COVESTING tokens will be easily transferable between users and platforms using ERC20-compatible wallets and can be smoothly integrated into exchanges.

 

COV tokens will be used as a utility in order to follow one or several trading Models, provided by the cryptocurrency traders on the platform. In the case when model following resulted in a profit – investor will get an initial amount allocated plus all profit converted into COV, so value of his holdings in COV will increase. Demand for COV correlates with the copy-trading volume at the COVESTING platform. The more investors and traders on the platform, the higher the value of COV Token rises.

 

ICO Details

The public ICO will be held on the Covesting.io website starting on November 24th. The token sale will last for 30 days. COVESTING aims to accept up to 100,000 ETH from our initial token contributors. The COV smart contract will stop accepting commitments when the 100,000 hard cap has been reached.

More info: https://covesting.io and in the whitepaper

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