Introducing CoinMirror.co

Dan Desa
CoinMirror.co
Published in
3 min readMar 26, 2018

Check us out at CoinMirror.co

ICOs are revolutionizing the way in which entrepreneurs raise capital for their ventures. The benefits of the ICO model are undeniable and clear: tokenized fundraising creates an ecosystem of potential customers/users who are incentivized to help a project grow, allows entrepreneurs to interact directly with investors and users, and circumvents the traditional Venture Capital model with its gatekeepers and fairly rigid protocols. The ICO, in comparison to an IPO, brings power back to the people. Instead of Investment Banks doling out pre-sale shares to their Wealth Management clients, ICOs enable the average investor to participate at an early stage in the development of exciting and revolutionary businesses. As this post by the team at HackerNoon details, the ICO is here to stay. Initial coin offerings have raised $1.2B and now surpass early stage VC funding (Source: CNBC, as of August, 2017).

As with every new and innovative development, there are downsides that include regulatory uncertainty, scams, lack of Due Diligence expertise (which was previously the domain of VCs & IBs), and the overwhelming number of ICOs coming to market. It is nearly impossible for the average investor to perform a thorough due diligence of every ICO. So how can we cut through the noise while making educated and sound investment decisions?

We believe that we have found the solution with CoinMirror.co.

CoinMirror enables the average investor to mirror the moves of experienced ICO investors In this way, one can ‘piggyback’ on the expertise of an ICO investor without the need to perform extensive DD or code reviews.

CoinMirror identifies and collates Syndicate Leaders with proven track records of successful ICO investments. Investors will be able to back their chosen Syndicate Leader and copy their ICO decisions. The entire process is automated via Smart Contracts on the Blockchain. Our elegantly designed Smart Contract backend ensures total user control and security. CoinMirror allows users to contribute to Syndicates via the MetaMask infrastructure, which means you can do away with complicated Wallet Addresses. You simply choose your Syndicate Leader and with a straightforward selection of amounts and percentages, you join the ICO investing ecosystem in a seamless and straightforward way.

We believe we have hit upon an idea that will benefit all the stakeholders in the ICO process. Teams launching ICOs will have access to larger investment pools, Syndicate Leaders will increase their visibility and reputations, and most importantly, we will fulfill the promise of ICO investing by giving power back to the people.

Simply put, CoinMirror enables:

  1. Piggybacking on the expertise of a reputable ICO Syndicate Leader
  2. Avoiding extensive Due Diligence procedures and Code Reviews
  3. Getting better ICO pre-sale discounts by pooling funds together
  4. Gaining access to deals that might have high minimum investment thresholds
  5. Syndicate Leaders to increase their reputation and following, while earning a fixed percentage of the profits of their investments
  6. Syndicate Leaders to negotiate better deals with access to larger pools of capital
  7. Transparent Fee structures where fees are only charged when profits are automatically returned to the users’ Wallet.

All of this is accomplished via an elegantly constructed Smart Contract process that maximizes transparency, automation, and security.

We are actively onboarding Syndicate Leader and users. If you are interested in learning more about our project, feel free to reach out to us via Telegram, email, Twitter, LinkedIn or Carrier Pigeon ;-)

We are very excited about building a platform that will only strengthen the reputation, access, and success of ICOs.

Twitter: @coin_mirror

Telegram: https://t.me/coinmirror

E-Mail: dan@coinmirror.co; rick@coinmirror.co; yannick@coinmirror.co

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