Overview

  • Country United Kingdom, Australia, Bulgaria
  • CategoryTrading & Investing/ Multi-Asset Trading Network

ThinkCoin is the digital trading token that underpins TradeConnect, the multi-asset trading network on the blockchain.

Project stage

Prototype

Detailed description

ThinkCoin is a digital unit of currency that underpins the TradeConnect network. This is a blockchain-based trading network that will democratize and disrupt trading and deliver scalable, low cost solutions across multiple asset classes.

These will include, but not be limited to: Forex (FX) , Equities , CFD's and CryptoCurrencies. Ultimately, it will be possible to trade any asset or financial product on the network.

TradeConnect will allow individuals and institutions to trade directly with one another on a balanced playing field. Trades will be verified on the blockchain, with settlement accelerated by matching transactions off the blockchain.

Problem

Excessive Charges
With so many intermediaries involved, global trading creates credit and financial risk.

Unjust Influence
Traditional broker models can have undue influence on both price-making and trade execution.

Outdated Technology
Global trading is stuck in models that are decades old, resulting in lack of flexibility.

Traders Funds Are At Risk
Transferring funds to the broker’s account adds an unnecessary element of risk.

Solution

Decades of financial award-winning experience have led to the development of a cutting edge trading network that will change the world of trading forever. Based on the Blockchain, TradeConnect will allow traders to trade any financial asset instantly and without intermediaries.

Reduced Fees With Blockchain Technology
TradeConnect connects traders to a global digital trading pit, where the only commission paid is a connection fee, where traders receive rewards in return for adding liquidity in the system.

Cutting Edge Artificial Intelligence
The innovative technology in TradeConnect will lead to a network with a level of flexibility the markets have never seen before. Digital Personas and unique cutting edge AI are just the beginning.

Direct Trading Without Intermediaries
TradeConnect will allow individuals and institutions to trade directly with one another, taking out intermediares and creating a balanced playing field where players large and small trade as equals.

Full Transparency On Blockchain
Thanks to the Blockchain participants will have full access and direct control over their funds and assets. Every contract is verifiable on the network and automatically settles.

Features

The TradeConnect token economy will:

  • Provide Seamless Market access – Crypto, Equities, OTC, Metals, and Futures
  • Deliver one Cryptocurrency based account to facilitate all trading
  • Will reduce costs and distribute value among all network participants.
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : TCO
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 30,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :5,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :500,000,000 TCO
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :300,000,000 TCO
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BCH, BTC, ETH, FIAT,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :Canada, China, Singapore, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    Any tokens that have been allocated for sale under the Pre-ICO or ICO will be 'burnt’ in order to maintain the token distribution.

      • Token Distribution

          Vesting notes

          • Private Sale, Pre-ICO & ICO: Bonus tokens will be unlocked three months after the end of the ICO period.
        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Private sale — Active
      22 Jun 00:00 UTC
      NA No - Uncapped Uncapped
      Pre-ICO — Ended
      24 Apr 00:00 UTC
      22 Jun 00:00 UTC
      0.3 USD 22% - 45% - 5,000,000 USD 30,000,000 USD
      Pre-sale — Ended
      05 Mar 00:00 UTC
      09 Apr 00:00 UTC
      0.3 USD No - 5,000,000 USD Uncapped
      Pre-ICO

      3rd April – 23rd April: 45% Bonus 

      24th April – 22nd June: 22% Bonus

      Read more about vesting and bonus
      • Team

        • Nauman Anees photo
          Nauman Anees
          Chief Executive Officer & Co-Founder
        • Faizan Anees photo
          Faizan Anees
          Director & Co-Founder
        • Rodolfo Festa Bianchet photo
          Rodolfo Festa Bianchet
          CEO & Co-Founder of TradeInterceptor
        • Harshad Kale photo
          Harshad Kale
          Chief Financial Officer
        • Adil Siddiqui photo
          Adil Siddiqui
          Director of Operations
        • Alla Polyanskaya photo
          Alla Polyanskaya
          Audit & Compliance Manager
        • Naeem Aslam photo
          Naeem Aslam
          Chief Market Analyst, ThinkMarkets
        • Mark Gosha photo
          Mark Gosha
          Senior Project Manager
        • Mahmood Allahham photo
          Mahmood Allahham
          Director of Sales, MENA
        • Harley Salt photo
          Harley Salt
          Director of Sales, MENA
        • Caroline Olsen photo
          Caroline Olsen
          Marketing & Social Media Manager
        • Andrew Lowry photo
          Andrew Lowry
          PR & Content Manager
        • Imane Benhima photo
          Imane Benhima
          Digital Marketing Manager
        • Jacob Galea photo
          Jacob Galea
          Head of Sales, APAC
        • Atanas Tashev photo
          Atanas Tashev
          Head of Mobile Team
        • Hristo Katsarski photo
          Hristo Katsarski
          Senior Java Developer
        • Panayot Stoyanov photo
          Panayot Stoyanov
          Head of Design & UI/UX
        • Aldin Music photo
          Aldin Music
          IT Engineering Manager
        • Strahil Shorgov photo
          Strahil Shorgov
          Senior Software Developer
        • Alexandra Laleva photo
          Alexandra Laleva
          TradeConnect Product Manager
        • Atanaska Ilieva photo
          Atanaska Ilieva
          Web & Digital Designer
      • Advisors

        • Chris Purtill
          Technology Advisor
        • Michael Herron
          Strategic Advisor
        • Keith Goldson
          Marketing Advisor
        • Marek Kirejczyk
          Blockchain Developer & Advisor, ETHworks.io
        • Hirander Midra
          CEO, GMEX Group
        • Kevin O'Hara
          Group CIO & Investment Portfolio Manager, Tulla Private Equity Group
        • Sean Koh
          Founder, Klover
        • Jay Best
          Chairman, Cogni Capital
        • Paul Hill
          Non-Executive Director, ThinkMarkets
        • Lidia Dumatrascu
          Partner, VentureBoost Group
        • Ashley Aberneithy
          CEO, Analytic.ai
        • Ben Swann
          Director, analytic.ai
        • Sena Gbeckor-Kove
          Blockchain & Distributed Applications Advisor, ananse
        • Natallia Hunik
          Global Head of Sales, Advanced Markets LLC & Fortex, Inc.
        • Hamza Habib
          Investment Advisor
        • Anuj Khanna
          CEO, Peak State Consulting

      Roadmap

      • Jul 2018

        Development work begins on TradeConnect personas and liquidity algorithms

      • Aug 2018

        Development work begins on TradeConnect wallet core

      • Sep 2018

        Alpha UI submitted for TradeConnect wallet and trading platform

      • Oct 2018

        FX and CFD trading on the TradeConnect network begins

      • Nov 2018

        ThinkMarkets begins process of integrating its user base into TradeConnect network

      • Dec 2018

        Target approval of TradeConnect exchange trading licenses for NYSE, NASDAQ and CME

      Activity