Friday, April 27, 2018

ThinkCoin

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ABOUT ThinkCoin

ThinkCoin is a digital token used within a peer-to-peer trading platform called TradeConnect. The goal of TradeConnect is to use the security of blockchain technology to allow users to securely trade any financial asset around the world. With ThinkCoin, trades are settled in seconds, not days. TradeConnect will allow users to trade any assets with other traders anywhere in the world. It uses a hybrid trading model where trades are processed off-chain but recorded on-chain using smart contracts.
With ThinkCoin traders and investors will be able to trade everyday financial products such as Currencies (FX), Equities, Precious Metals, Commodities and crypto currencies using a single cryptocurrency designed for exclusively for trading and investing. 


PROBLEMS TO SOLVE  

ThinkCoin seeks to solve all of the problems in today’s financial asset trading marketplace:

  • Too many intermediaries increase costs across the industry, creating credit and financial risk
  • There’s a lack of flexibility, making it difficult to transfer trades and meet the individual needs of every trader
  • Settlement takes too long; legacy institutions can take days to confirm transactions
  • There’s a lack of transparency among traditional broker models.



HOW ThinkCoin WORKS

ThinkCoin aims to solve the problems listed above by creating a state-of-the-art peer-to-peer trading network called TradeConnect. TradeConnect will enable the trading of any financial asset in the world.
TradeConnect’s bespoke software will allow individuals and institutions to trade directly with one another, leading to a balanced playing field where large and small traders can trade as equals. With ThinkCoin, all trades are verified on the blockchain, which means settlements can be completed in seconds – not days.
The TradeConnect ecosystem will revolve around the use of ThinkCoin, described as “the digital trading token that underpins the TradeConnect network.”
Using ThinkCoin, you can trade forex, commodities, shares, and other financial products with peers in a simple, secure, and user-friendly way.
ThinkCoin is listed under the symbol TCO. You can purchase TCO during the company’s pre-ICO and ICO. They’re selling TCO in exchange for fiat currencies and cryptocurrencies. After the token sales, TCOs will be available to purchase from different exchanges.
The TradeConnect alpha is scheduled to be released in April 2018. By the end of the year, TradeConnect aims to have already received approval to operate as a licensed exchange in the United States. By July 2019, the company aims to hold an IPO (yes, an IPO and not an ICO).


ThinkCoin BENEFITS

Overall, ThinkCoin seeks to offer the fastest and most trustworthy trading possible. Trades are recorded in smart contracts for maximum security. Transactions are processed off-chain, however, for faster speeds. The hybrid approach “delivers [the] best of both worlds”, explains the ThinkCoin whitepaper and makes peer-to-peer trading more adaptable than ever before. The platform aims to democratize trading while improving the trading experience. Other benefits include:

  • Reduce counterparty risk by stabilizing the trading process
  • Deliver flexible and transparent trade executions
  • Bring speed and efficiency to the trade settlement process
  • Distribute value amongst all network participants



ThinkCoin ICO DETAILS


Category:
CryptocurrencyTrading & Exchange
Country:
Bermuda
ICO date:
2018-05-15 / 2018-05-25
Ends In:
10 days
Website:
Token Symbol:
TCO
Token Platform:
Ethereum
Soft Cap:
5,000,000 USD
Hard Cap:
30,000,000 USD


ThinkCoin RATINGS


icobench.com:
4.4 / 5
icobazaar.com:
3.4 / 5
trackico.io:
4.6 / 5
icomarks.com:
7.7 / 10
Icostock24.com:
4.1 / 5


ROADMAP






TEAM

ThinkCoin is made by the ThinkMarkets Group, a company responsible for online products and services like ThinkPrime, ThinkAffiliates, and ThinkInvest. The company was founded as ThinkForex in 2010. In 2017, ThinkMarkets acquired TradeInterceptor, “the world’s most searched-for trading app”. By launching TradeConnect and ThinkCoin, the company plans to continue adding to its digital portfolio of products and services.

Key members of the team include Nauman Anees (CEO and Co-Founder), Faizan Anees (Director and Co-Founder), Rodolfo Festa Bianchet (CEO and Co-Founder of TradeInterceptor), Michael Herron (Strategic Advisor), and Adil Siddiqui (Director of Operations).

ThinkMarkets Group is registered in Bermuda, although the company’s global headquarters are in Australia. ThinkMarkets Group also has offices in London, Bulgaria, Dubai, Shanghai, Shenzehn, Vietnam, Greece, and Spain.


TEAM MEMBERS






BOARD OF ADVISORS



DETAIL INFORMATION ABOUT ThinkCoin:

About Author:
Bitcointalk Username: tpq01349





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