COINSEED
johnthedon
As cryptocurrency prices keep breaking their all-time highs, the general public is ever more interested in investing in cryptocurrencies. Although the early adopters and enthusiasts of cryptocurrency and blockchain technology are enjoying great returns on their investments, most of the general public are still either not sure where to start or reluctant to invest huge sums of money as the cryptocurrency prices are very volatile.
Coinseed aims to solve this problem by providing easy access for the people to make microinvestments in cryptocurrencies. Our users can link their credit card and pick the portfolio of cryptocurrencies that they want to invest in. The rest is on us. We will automatically collect the spare change by rounding up their purchase’s amount to the next dollar. Additionally, our users can convert their existing portfolio into a new one. We call this feature “Portfolio Management” and no other cryptocurrency platform has this feature of converting a portfolio into another portfolio. Currently, we have 8 different cryptocurrencies on our platform including: Bitcoin, Ethereum, Bitcoin Cash, Dash, Ripple, Monero, Litecoin and ZCash. We are adding more cryptocurrencies every month.
We recognize that millennials and university students are the most interested in investing in cryptocurrencies and blockchain technology, but they do not know where to start and/or do not have much of a savings to invest it in the first place. This makes them the perfect target market for Coinseed with nearly 92 million millennials representing more than a quarter of the US population. In fact, millennials are the largest generation in US history.
To undertake this ambitious goal of disrupting the micro-investment industry in the US and globally, we have successfully proven the proof of concept with our first version of the Coinseed platform (app available on iOS and Android), and we need the cryptocurrency community’s support to accelerate our growth and global expansion. This is a game-changer. Our platform will change how people invest, which in turn further fuels the growth of the cryptocurrency and blockchain industry as a whole. By supporting the Coinseed platform, you can share the profit by purchasing Coinseed’s CSD tokens. We will distribute the share of the profit to the CSD token holders every month.
Problem
According to the LendEDU survey that was conducted in September 2017, roughly 78% of Americans have heard of Bitcoin. Out of those 78% of people, 40% were open to using Bitcoin in the future and 34% were undecided. Moreover, millennials, who are between the age group of 18 to 35, are more likely to invest in Bitcoin than older generations, but they do not know how to get started with cryptocurrency investing.
We see two main points in this survey. Firstly, most of Americans have heard about Bitcoin. Secondly, a large percentage of that group, mostly millennials, is either interested or at least open to the idea of using and investing in Bitcoin. Note that these percentages are growing bigger every day as blockchain technology is getting introduced to the mass market rapidly.
On the other hand, GOBankingRates conducted a survey in 2016 and found that 34% of Americans do not have any savings and another 35% have less than $1,000 in their savings account. In other words, the majority of the Americans have less than $1,000 in savings.
Lastly, in a 2016 survey by the investment app Stash, 69% of millennials surveyed said they found investing confusing while 41% felt they lacked enough money to invest.
With the survey results above, we see three pain points that offer a tremendous growth opportunity for Coinseed:
Most people don’t have much savings to seriously consider investing.
Even when people have money to invest, they find investing to be confusing.
People do not know how to get started with investing in cryptocurrencies
Coinseed addresses these pain points with the Coinseed platform.
Solution
Coinseed makes it easy for everyone to invest in cryptocurrencies by:
Automatically collecting user’s spare change to invest in cryptocurrencies
Allowing our users to change their existing portfolio to another portfolio
The Roadmap
The Development Team
Del Davaasambuu ~ Founder & Developer
Sukhbat Lkhagvadorj ~ Co-founder & CFO
Undra Bayarsaikhan ~ Blockchain Specialist
Temuge Enkhbaatar ~ Back-end Developer
Michael Robinson ~ Marketing Manager
Charles Markette ~ Community manager
Our Advisors
Gerelt Tserenjigmid ~ Game theorist
Orgil Sedvanchig ~ Investment Banker
Thomas Goslee ~ Blockchain advisor
For more information please follow us here:
Website - https://www.ico.coinseed.co/
WhitePaper - https://s3-us-west-2.amazonaws.com/coinseed/ico/Coinseed-Whitepaper.pdf
Facebook - https://www.facebook.com/coinseed
Twitter - https://twitter.com/coinseedapp
Telegram - https://t.me/coinseedico1
Medium - https://medium.com/@coinseed
Linkedin - https://www.linkedin.com/company/coinseed/
Author:johnthedon
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1860087