ThinkCoin – A Blockchain Based Trading Platform

Overview:

ThinkCoin is a blockchain based exchange platform which will enable one to trade multi financial products such as cryptocurrencies, equities, commodities etc. Initially this project will focus on retail trading sector and later it will integrate the trading of other financial products. ThinkCoin token (TCO) will be used in this ecosystem. By using blockchain this project aims to solve the problems of global financial markets which persists today.

Problem and Solution:

Global financial markets consist of lot of problems which traders usually face. The presence of intermediaries automatically increases the cost and provides inconvenience to the traders. The lack of transparency in trading also exist in the current system due to centralization. Traders also do not get enough flexibility to transfer trade.

ThinkCoin has addressed the above problems and created a blockchain based platform to make things easy for traders. With full transparency traders can trade directly with each other thus eliminating the intermediaries. Blockchain makes the trade settlement in seconds where it took days on the centralized system.

The ThinkMarket Group is expanding into the market since 2010. The ThinkMarket group includes TradeInterceptor, ThinkPrime, ThinkAffiliates and ThinkInvest. These together were able to bring up this new project, ThinkCoin.

ThinkCoin Tokens (TCO):

TCO tokens are the utility tokens of the ecosystem. The users should acquire this token during the ICO to carry out trading on this network. As this project is removing all intermediaries in trading which eliminates all the commissions and brokerages, this project will have a connect fee model where a certain small percentage of fund will be allocated to the development of the network.

Team:

Nauman Anees - Chief Executive Officer & Co-Founder

A serial fintech entrepreneur with over 10 years of experience in the fintech sector, Nauman is the CEO and Co-Founder of ThinkMarkets, a global brokerage headquartered in the UK and Australia that is established as an industry leader in identifying and developing innovative trading technologies

Faizan Anees - Director & Co-Founder

He is a serial entrepreneur involved online startups in the finance sector and has over 12 years of experience in sales and business development. Over the last ten years he has been involved in several acquisitions and exits in his investment portfolio.

Rodolfo Festa Bianchet - CEO & Co-Founder of TradeInterceptor

Rodolfo has worked in financial services for almost thirty years. He has founded several companies based around analysis, research and financial information technology. He is the founder and managing director of TradeInterceptor, a mobile trading app

Token Matrix:

Token Name – ThinkCoin
Symbol – TCO
Total Supply – 500,000,000 TCO
Price Per Token – $0.30 USD
Soft Cap – $5M USD
Hard Cap – $30M USD
Accepting Currency – BTC, ETH, BCH and Fiat
ICO Date – 25th June to 9th July 2018

Verdict:

Pros:
• The social media hype of this project is very good. It has around 16,000 followers on Twitter and around 20,000 members on Telegram.
• The MVP of this project is available in the google play store
• The team behind this project has good experience in financial services, business development, computer science, trading solutions, FX etc.
• This project has 11 advisors who has very good background of blockchain, cryptocurrency, ICO and financial services.
• The project also has a technology team with 8 members which will provide an added advantage to the project.

Cons:
• The ThinkMarket group is into the market since 2010 but still the MVP app of this ICO has 500+ installs which shows a low reach.
• There are many ICOs which entering the trading sector and providing similar services.
• The Whitepaper of this project is not explained very well.

Website: https://www.thinkcoin.io/
Whitepaper: https://docsend.com/view/qgyaq2y
Telegram: https://t.me/ThinkCoinToken
ANN Thread: https://bitcointalk.org/index.php?topic=3077146.0

Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c