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CoinAnalyst Burns 1 Billion COY Tokens on September 13, 2020

Sep 13 · 2 min read

Dear CoinAnalyst Community!

Today, we are delighted to announce that on September 13, 2020, 50% of our ICO hardcap, which amounts one billion COY tokens (CoinAnalysts’ Utility Token), will be burned.

As a result of this process, we will suspend our COY offering on the ExMarkets Exchange for 6 weeks starting from September 13, 2020. The burning of the tokens will be followed by the Initial Exchange Offering (IEO), which we scheduled for September 15, 2020. And last but not least, CoinAnalyst has committed to continuously buy back COYs with 50% of its revenue.

The IEO will start on the 15th of September 2020 and will take place on the LAToken exchange platform for 4–6 weeks. For this reason, CoinAnalyst will suspend its COY offer on the ExMarkets Exchange for 6 weeks. “This is the big chance to still get COYs at a price below one cent on the ExMarkets platform before the IEO starts on September 15th at a price of one cent per COY token,” says Pascal Lauria, CEO of CoinAnalyst.

About CoinAnalyst

CoinAnalyst has created an entirely new platform designed to revolutionize crypto-currency trading industry by applying Big Data and Artificial Intelligence (AI) to social media and news to provide better insights into all relevant crypto currencies.

This platform provides registered users with trends, sentiment data, AI-based news with great impact, and all relevant social media chatter and rumors. It provides access to a dashboard that monitors and analyzes crypto-market news data and sentiment in near real-time and additionally allows AI-based price predictions. To finance the platform, the company launched a German ICO (Initial Coin Offering) which ended on June 30th, 2019. In the ICO, the company issued its own token COY. These tokens can be used directly to purchase the services of CoinAnalyst at a 20% discount.

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