COINSOPEN

Coinsopen is a privacy-orientated peer to peer exchange, which has a smart-contract coin mixer embedded that boosts the Ethereum ecosystem, like Localbitcoins did to Bitcoin.

This is how the site will look like:

The Pre-Ico will start on 00:00 GMT 20th October 2017, and will last four weeks. The token price will be 0.2 USD per COT ( CoinsOpen Token). Each token will get 1/23.000.000 of all fees that are being collected from the exchange. 100% of the collected fees will be shared among the token holders, therefor it is very lucrative to hold COT.

Every ERC20 token that applies to the coinsopen exchange will be listed. This will benefit both the current startup company’s that are raising funds through an ICO and the COT tokenholders. The more coins listed, the more the trading volume will be, the more fees collected. This results in more profit share per token to the COT tokenholders.

Coinsopen’s focus is to get around 5% of the total Ethereum market transactions, this will leas to a monthly fee income of 115.500.000 USD. With a total of 23.000.000 tokens it means that for every COT you hold, you will get 5.02 USD monthly.

The key members in this project are Evan Volk and Ian Morrow. Both are very experienced coders with a good portfolio. They are the founders of coinsopen and will be also the head developers of this project.