Coinseed Simplifies Investing In Crypto By Leveraging Users Spare Change
Plenty of people would like to invest in cryptocurrency.
But many perceive actually doing so as either being too hard or too risky.
Coinseed has a solution for these people.
How it works is simple. People link their credit card to their Coinseed account and choose the portfolio of cryptocurrencies that they would like to invest in.
Coinseed does the rest.
It’s a super simple system that anyone who wants to participate in the cryptocurrency markets can use.
Even better there is proven demand for the product that Coined is offering.
In November 21st 2017 Coinseed launched their mobile app on iOS and Android. Within twelve day they had acquired a 2000 registered users and 1000 pay customers.
All of this was achieved without investing in any paid advertising.
In order to grow Coinseed to its full potential, the platform is raising capital through a token sale for its own token called CSD.
Below you can learn more about Coinseed to see if the token sale is something that you would like to participate in.
Overview of Coinseed
As we saw earlier, from the users perspective all they need to get started is to link their credit card to their coined account and select a portfolio of cryptocurrencies.
What happens next is that whenever the user makes a purchase using the credit card, the change from that purchase is sent to the crypto portfolio.
So if you buy a sandwich for $2.60, then the $0.40 change you would receive, is automatically allocated to your crypto fund.
How To Choose Your Portfolio
Coinseed currently has eight different cryptocurrencies that users can choose from. This includes the major cryptocurrencies including Bitcoin, Ethereum, Dash, Monero, Cash and Litecoin. Coined is also in the process of adding more cryptocurrencies.
Users can choose to either passively invest by keeping their portfolio exactly how they set it up. Or they can choose to actively invest by changing their portfolio whenever they like.
How Coinseed Earns Revenue
Coinseed charges a 1% fee every time that a user changes their portfolio. So for example, if Tony has an initial portfolio worth $20 invested in Litecoin, Ethereum and Bitcoin and then decides he would like to switch to a different portfolio of Monero, Zcash and Dash, then he would be charged 1% of the size of his portfolio, which is $0.20.
The Role of CSD Tokens
Holding CSD tokens will entitle the holder to a percentage of the revenues earned from the portfolio transaction fee. Each month 50% of the revenue earned from the transaction fees will be allocated proportionally to holders of CSD Tokens.
CSD Token Sale
CSD Tokens are to be distributed in a token sale. In total 10,000,000 CSD tokens, with 15% distributed in a presale and 25% in the main ICO.
Read more about the CSD ICO by visiting:
Coinseed website: https://www.ico.coinseed.co/
Coinseed white paper: https://s3-us-west-2.amazonaws.com/coinseed/ico/Coinseed-Whitepaper.pdf
Coinseed Twitter: https://twitter.com/coinseedapp
Coined Facebook: https://www.facebook.com/coinseed/