Blockchain funds platform CoTrader to run its token sale using the Daox Protocol
Blockchain funds platform, democratizing the $85 trillion industry.
CoTrader, the blockchain funds platform, which is claimed to become an “Uber of investment funds” will be offering its tokens based on the Daox Protocol. The company is raising $1,000,000.
About the project
Investing well is hard and time consuming, with 1000s of cryptos, ICOs, stocks and more. CoTrader solves this problem with fantasy funds contests and onchain smart funds.
CoTrader’s Smart Funds platform is the world’s first working blockchain investment funds marketplace, which empowers anyone to create or join funds. Cotraders can invest with the best investors.
Fantasy Funds, launching mid October, let contestants win a pool of prize money if their chosen stocks and cryptos outperform others. Observers can put their money on contestants and win the observers pool if their contestants win. Fantasy funds will merge with smart funds.
Token usage and staking reduces platform fees. Revenues buy back CoTrader tokens.
See project’s page on the Daox.Network for more info: https://daox.network/cotrader
The Daox Protocol is a new standard for all kinds of token sales that allows investors and startups interact via decentralized autonomous organizations.
It allows for conducting entire token sales, but at the same time is suitable for projects that prefer to use it as an additional source of funding. Read more here.
More good news are coming! Stay tuned.