CompositeCoin is a cross platform of:
• the diversified venture investment;
• the crowd sale with financial and technical guarantee for startups;
• the freelance for technical expertise with a ranking mechanism.
In latter days, using the ICO mechanism to raising funds without further implementation or the original existence of the project has become more frequent.
An optimal structure for the project implementation was gathered in the startup team, and roles on management, technical implementation, financial management, PR-presentation and feedback to investors were distributed.
CompositeCoin’s startup team was formed during developing and launching a number of innovative projects. A group of specialists – international experts and investors with a unique scientific and entrepreneurial potential was a basis for creating the ICO expert platform.
No discounts and bonuses are provided for the token buyers. The Company fully shares Vitaliy Buterin’s opinion on this issue, who condemns startups that hand out free tokens..
The Company allocates a free float of 70% of tokens at the ICO stage which should ensure high liquidity at the stock exchange. In the future, we plan to use the token to pay for services for the startup selection, the ICO maintenance, and expertise.
CompositeCoin’s token is provided with intellectual resources of the platform expert community. CompositeCoin’s token price directly depends on the quality of startup portfolio selection.
The CMN token will be issued in two stages. The first stage is issuance at the Pre-ICO for $0.5 scheduled for December.
At the ICO stage, after creating the CompositeCoin platform prototype, a token issuance price will be $1.