Cerberus — ICO insurance platform

Conicoin Wallet
2 min readJan 20, 2019

You can not only invest in ICO through our platform, but also refund your investments.

Problem

The underlying idea of our project was the fact that the credibility of ICO projects as an investment tool has drastically plummeted due to the latest tendencies of the ICO market.

The following are the major bottlenecks that we face when we decide to invest in ICOs

  • Absence of guaranteed refund of deposits invested into unprofitable projects
  • Lack of investment tools for small investors allowing fast income generation
  • Absence of mobile investment platforms guaranteeing proper safety of available funds
  • Lack of independent analytics of existing ICO projects

Our service allows our clients to rid of these uncertainties and mitigate the risks.

Solution

  • With the help of Cerberus Insurance our Client can return the initially invested funds in case if the ICO Team stops satisfying the expectations of the investors or stops following the initial list of commitments.
  • Over the lifespan of the ICO, Cerberus presents the Client with an option to return the initially invested funds and give up the purchased tokens.
  • The Cerberus program is based on the ERC20 Wallet — Conicoin: https://medium.com/@conicoinapp/conicoin-wallet-2a3f7d44ecce

You can participate in testing of our solution today

  1. Download Conicoin Wallet in App Store via the following link: https://itunes.apple.com/us/app/conicoin-rinkeby-testnet/id1434991023
  2. Get test Ethers by following this instruction: https://medium.com/@conicoinapp/how-to-get-your-first-ethers-6fd052a245a8
  3. You can find our code in open access on GitHub:

We will be very grateful for any feedback that you may provide as we are looking forward to improve our solution. Please contact us via following channels:

https://t.me/joinchat/EwJRChSVXyeG6dE7ZqzBZA

support@conicoin.io

Next steps of our project

As we have started our project from scratch, we had numerous ideas of how to make it more useful for our clients. We have come up with a solid plan and quite a number of initiatives that we are planning to realize in the nearest future:

  • At the beginning of 2019, we will commence the work of our system with our first ICO partner.
  • Provision of “Post presale” service — sale of tokens after the end of the ICO.
  • Introduction of an accountability register of ICO partners.
  • Creation of a marketplace (trading platform), where the users will be able to independently sell ICO tokens.

For cooperation or is you have any questions, please email us on:

info@conicoin.io

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