2017 was a significant year for the ICO industry. If you have not heard of an ICO as of yet, they are a new type of investment vehicle that was made possible through the financial technology of Bitcoin and Ethereum, the two most prominent cryptocurrencies. ICOs allow individuals anywhere to invest funds into the development of new blockchain projects. In conventional ICO we have to wait until the coin has to list on either of the exchange to start trading and get some returns from investments. Unlike that TIPCO (Trade Initial Public Coin Offering) offers you instant trading option, you don’t have to wait until coin listing on exchange. TIPCO provides its own trading platform so anyone can start trading next moment he/she buys coin.
Why TIPCO (Trade Initial Public Coin Offering)?
As we know cryptocurrency market is very volatile. If we look back in last year, trend of cryptocurrency market over the past year 2017, total cryptocurrency market capitalization increased by nearly $600 billion, from $17.7 billion to $612.9 billion. In 2017, there were 435 successful ICOs, each raising an average of $12.7 million, the total amount raised for 2017 was $5.6 billion, with the 10 largest projects raising 25% of this total. Furthermore, tokens purchased in ICOs returned an average of 12.8x the initial investment in dollar terms.
During the first quarter of 2018 cryptocurrency market capitalization was more than halved. The most significant changes in the amount of cryptocurrency market capitalization during the second quarter of 2018. These changes were related to numerous events. After analysing market and market trend of cashing out early, TIPCO (Trade Initial Public Coin Offering) is the best way to moving forward with for the benefits of investors and minimizing risk.
Our TIPCO marketing Strategy allocates token using various methods which are much more revolutionary than the ICO market. The customer can insure the altcoins using CREMIT without worrying about the market fluctuations of the coins in possession as CREMIT provides up to 100% insurance of the alt coins.
What to expect going forward:
By using our innovative and secure trading platform, we will enable the users to secure the altcoins thereby providing lowest fees, insurance of the coins and opportunity to buy/sell the coins right away (unlike in the ICO’s). By leveraging decades of experience in the investment banking, trading, and combining them with the power and transparency of the distributed ledger, we’ve created a truly unique product that will revolutionize asset trading and coin investment.
The user has to wait for the ICO to get over to sell the tokens bought during ICO phase whereas in TIPCO there are no restrictions on token transactions.
We have an innovative plan of insuring/securing altcoins. We offer insurance for Bitcoin, Ethereum and other coins against market volatilities. You can claim up to 100% insurance for your coins insured in CREMIT. There are multiple slabs of insurance claim depending upon the depreciation of the coin insured (refer our Whitepaper from www.cremit.co).
Now we are in a phase of launching TIPCO on 1st November 2018 to 30th April 2019. The value of CRMT token will be $0.5 for first month, and will be subsequently increased by $0.1 every month. Again, we have innovative strategy for launching an exchange platform with CRMT as base coin and other alt coins would be added in a phased manner. The trading fees for trading CRMT on our exchange platform will be almost zero and for other altcoins it will be nominal fees. With this marketing strategy, we are going to release insurance plan and make whole insurance system work for our customers. List of insured altcoins to be added in the exchange will be declared in first week of TIPCO (1st November — 10th November).
This is a great opportunity for everyone to invest in CREMIT. You can buy CRMT tokens at an unbelievable price at $0.45 before the TIPCO starts and get handsome returns after the launch of TIPCO (You can sell the tokens right after TIPCO or choose to wait for the CRMT price to increase!). The airdrop token distribution will take place after 1st December 2018 and that will be done in slots with first come first serve basis. The trading of received tokens can be done in the exchange.
Stay tuned for further updates! Visit www.cremit.co for more details.