CoinMetro - All in One Investment Platform (ICO Overview)

What is it?

CoinMetro is an all in one investment platform that combines the capabilities of many popular exchanges and introduces advanced trading and investment strategies to the masses.

What does this really mean?

The CoinMetro platform is looking to become something like the Coinbase/GDAX combo with lower fees, increased trading options and more complex investment offerings. It will be more along the lines of a cryptocurrency equivalent of T. Rowe Price, Fidelity or Morgan Stanley combined with the day trading abilities E-Trade.

The platform will allow users to go from the initial step of converting fiat to cryptocurrency all the way to investing in ICOs and purchasing customized crypto funds call ETCFs. The platform will also provide businesses with the ability to easily run an ICO.

How will they do this?

The CoinMetro ecosystem consists of four main platforms, the Exchange Platform, Trading Platform, Investment Platform and ICO Platform.

Exchange Platform
The exchange platform is the Coinbase-like portion of CoinMetro. This is where users will convert fiat into cryptocurrency.

Initially, customers will be able to exchange fiat into Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC). Soon after launch, the project will add the complete top 10 (from Coinmarketcap.com). This list could include Cardano, Stellar, EOS, NEO, IOTA, Monero, and DASH.

The roadmap includes adding many more tokens as time continues. By partnering with BitGo the CoinMetro team has reduced the work involved with adding new tokens.

Trading Platform
This is the GDAX/Binance/Bittrex portion of the project and where trades are made. The team plans on making a user-friendly interface with customizable charting.

The trading platform will offer both easy and advanced functionality and order types including : Markets, Limits, Stops, Limit Stop Orders and OCO (One Cancels Other) orders. It will also allow for several different TIF (Time in Force) options, such as FOK (Fill or Kill), IOC (Immediate or Cancel), and GTC (Good till Cancelled).

CoinMetro will allow up to 1:50 leverage for proven traders and margin trading and lending will be rolled into the platform.

Investment Platform
This is where CoinMetro really begins to differentiate itself from other cryptocurrency offerings and begins to resemble investment management options that many consumer are used to.

The investment platform is composed of two modules, the tokenized asset management (TAM) and Electronically Traded Crypto Funds (ETCF).

A TAM is a tokenized version of an actively managed mutual fund for cryptocurrency. CoinMetro will issue a specific token (ERC20) for each manager that holds the smartcontract for their specific mix of assets. If you purchase a tokenized representation of a managers fund and the fund increases by 10% you can liquidate your token to receive your gains.

The second module includes the ETCFs which are the crypto version of exchange traded funds. The CoinMetro team is pairing with crypto ratings services and will develop ETCFs that offer different risk profiles, sectors, market caps and even social media metrics. ETCFs will be based on ERC20 tokens. It's like the ETF of the future.

ICO Express

This portion of the ecosystem will allow projects to issue their tokens and run a fully audited ICO on the CoinMetro platform. The benefits of using CoinMetro include immediate listing on the exchange, smart contracts for ETH, NEO and NEM blockchains and inclusion into CoinMetro ETCFs.

What is the token for?

The token referred to as COIN on company pages has the actual ticker of XCM. The XCM token is ERC20 and the basic utility is for payment in the ecosystem.
The XCM token will be necessary to:

• Pay trading fees
• Purchase a TAM
• Purchase ETCFs
• Utilize ICO Express
• Receive discounts on fees based on the amount of XCM held

Traders will not be required to hold XCM in order to trade as it will be automatically purchased from the exchange during the trade for other tokens. CoinMetro also plans to burn 1%, 5%, 10% or 33% of XCM from each fee paid in order to provide stability.

How does CoinMetro make money?

Since XCM is used for all payments on the platform the CoinMetro revenue model is to take a maximum of 0.1% fee on all transactions. For trading, the taker would be responsible for the fee.

Team and Partnerships

The key partnership for CoinMetro is with FXPIG, an established FOREX trading platform created in 2016. The partnership with FXPIG is more than just in name, it involves the sharing of resources, technology, and employees. This partnership will also help fund the Token Buyback Reserve that will support the stability of XCM.

The CoinMetro team is packed full of members of the FXPIG team which gives them the experience needed in running a full scale exchange. It is interesting in that FOREX is a decentralized exchange for the worlds currencies and functions in a very similar manner to a cryptocurrency exchange.

The blockchain development lead is somewhat inexperienced but the available pool of candidates with experience is very limited. The team has hired an impressive UI/UX Designer with multiple years of experience for Adobe Systems. Current exchanges lack a certain refinement and usability that CoinMetro is hoping to bring.

The advisors are a mixed group of banking, blockchain, PR and tech specialists. They are currently working for the likes of Google and Deutsch Bank.

What's up with the ICO?

The CoinMetro tokensale is currently live with a token price of .12 Euro. The pricing is dynamic based on the amount of XCM sold and is explained in detail on the CoinMetro website. For additional details about token metrics and the ICO see the Vitals below.

The Vitals

📅ICO Date: Open Now
📈Token Ticker: XCM
💵Current Token Price: .12 Euro per XCM. Complex dynamic pricing.
🆔KYC: Yes
Total Supply: 500 million at TGE. Tokens burn when used and reduce through buyback.
Amount for Sale: 60% total
Discounts: Presale - 15% max in Private & Public
Token Type: ERC20.

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