CNW (Coinwealth)

CNW (Coinwealth)

Created using Figma
Created using Figma

Last Update

Nov 22, 2021

Building a Crypto Assets Platform.

Expected date of Public launch of the platform is 1st March 2022.

Integrations are underway with different crypto exchanges.

Founders are from the Investment Management industry - a group of 13 - team members and advisory board.

All details on the website: https://coinwealth.capital
Pre-Sale
Nov 13, 2021
Dec 12, 2021
51% completed
Raised funds - no Data
Goal 3 200 000.00 USD
Cap 3 200 000.00 USD
ongoing
  • 1 CNW
    =
    0.2458 USD
Token Details
Ticker
CNW
Total supply
130 Million
Token Distribution
Issue Total Count % Allocation
IEO- 20.8 million - 16.0%
Team - 16.9 million - 13.0%
Pool Liquidity - 2.6 million - 2.0%
Staking Reserve - 36.4 million - 28.0%
Future Sale Reserve - 53.3 million - 41.0%
Total - 130 million - 100.0%
Accepted Currencies
USDT
Min Contribution
100
USDT
Company Details
Registered Company Name
Coinwealth
Registered Country
India
Company Founded
Nov 12, 2021
Additional Details
MVP/Prototype
Yes
Platform
Ethereum, BSC
Whitelist
Yes , from Nov 13, 2021 till Feb 14, 2022
Categories
Platform

About CNW (Coinwealth)

CoinWealth - Crypto Assets Platform

CNW is the native cryptocurrency of the coinwealth platform. Be the first among the investors in the Managed Crypto Platform. With your help, CoinWealth will build a world-class Crypto Assets Platform that gives investors an opportunity to diversify into Crypto.

Founded by veterans from the investment management industry, CoinWealth will help align the world of cryptocurrencies to new regulations that are coming soon.

Project Status:
Integrations underway - Will release on Crypto exchanges by 1st March 2022

Verification:
Verified by Bitbns.com Crypto Exchange Platform and Ascent IEO Platform

Features

Token Benefits:
1. Token holders can lock their tokens to be paid a staking reward every 10 days. This requires them to reserve their tokens from any usage.
2. Token holders can use the tokens to pay fees when they purchase units of the Portfolios through any of the CoinWealth channels and on Algo products offered under the Stocktrix brand.
3. The team will use 10% of the profits generated by the Fees from CoinWealth Portfolios and assign them to a central reserve to either support liquidity or burn them to permanently reduce the supply of such tokens.

Technical Info

 

 

  1. IEO Issue, Marketing, Barters 

A section of the allocation has been set aside for expenses related to the Issue, setup, marketing costs, commissions, referral rewards for introducers and barter transactions during the pre-IEO phases. Any unused portion of this allocation will be exclusively assigned for marketing CoinWealth as a brand post Go-live of the Portfolios. 

  1. ii. IEO Sale 

 

A total of 18.20 million coins have been set aside for the sale during the Private Allotment and 3-phase Public IEO. 

  1. iii. Pool Liquidity 

 

Allocations to the Pool will be utilized by the CoinWealth team in a Transactions Wallet Account to manage liquidity, list of new exchanges, run tests on new portfolios, handle redemption requests, and make payments to vendors supplying services for the operations of the Portfolios. 

  1. iv. Staking Reserve 

 

Staking Rewards will be payable to participants over a period of 7 years (or until all supply is exhausted) at the simple rate of 10.80% per annum as long as they submit their tokens into a lock. Tokens once locked cannot be withdrawn for use or sale for a period of 1 month. Payments will be made once every 10 days on a simple interest basis. All payments will be made from the Staking Reserve set aside for the purpose. Tokens paid out in rewards to the User Wallet will not be subject to a lock and may be used for payments of fees or sale or transfers. 

  1. v. Future Sales – Limited Reserve 

 

Future Token Sales will be from the Limited Reserve at a price NOT less than 2.6x of the average issue price in Phase 3 of the IEO and will be subject to open market bids at the time of such issue. This protects all buyers of past issues from inflationary risks in the event there is not enough demand for such IEO, IDO or market sale. Any excess or unsold tokens during the IEO will also automatically revert to this Reserve balance. Further, this reserve has been created to ensure that there is a definite lifetime cap on the total number of tokens that are issued. We will seek to raise more funds in line with the demand for the CNW Token. 

CNW (Coinwealth) Roadmap

  • Nov 2021

  • Beta-Testing Version Release – Private & Angel Investor Participation Only
  • Jan 2022

  • Initial Private Client Release
  • Mar 2022

  • Public Release of first 8 Portfolios: 1st March 2022
  • May 2022

  • Second wave: 10 Portfolios open to public based on Risk & Momentum parameters
  • Read More
  • Jul 2022

  • Release of Leveraged Portfolios & Algo-Trading Products
  • Aug 2022

  • Full release of Platform to allow participation across exchanges / distributors
  • Sep 2022

  • Release of Staking, Lending & FI products
  • Dec 2022

  • Release of the Exchange Traded or Open NAV Products
  • Jan 2023

  • CoinWealth CNW Exclusives: First Portfolios & Early Access to vetted IEOs
  • Feb 2023

  • First Geographic Expansion: Identified HNI market subject to regulatory clearances
  • Mar 2023

  • Release of third wave: CoinWealth Exclusive ETFs & Segmented Portfolios

Activity

Followers:
31
VERY LOW
Tweets:
14
VERY LOW
30 Days Growth:
18
Members:
11
VERY LOW
30 Days Growth:

CNW (Coinwealth) Team

Verified 67%

Attention. There is a risk that unverified members are not actually members of the team

Rajesh Arjunlal Jais...
co-founder, and Principal Portfolio Manager
verified
Rajesh V (RV)
co-founder, and Head - Algo Trading
verified
Sushanth Bijjavara C...
co-founder, and Founding Engineer
unverified

CNW (Coinwealth) Interviews

Rajesh Arjunlal Jaisingh (RJ)
As a team member, сan you tell us about your role in the ICO project?
Founder

Portfolio Manager
Product
Strategy
Growth & Scale
Business Development
Marketing
Token Sale

Actively involved in the markets for over 15 years. Investment sector.

Three startups before this…

One failed
One listed on NASDAQ
One raised Series A and scaling
What do you think about idea?
We are making crypto assets a part of every portfolio a reality!

Traditional Finance needs to beat a path to DeFi.

Ushering in the era of decentralization.
Rajesh V (RV)
As a team member, сan you tell us about your role in the ICO project?
I am responsable for product, marketing, setting up and managing the portfolios. have over 18 years of experience in the Financial Services industry, have hands-on approach in wealth management operations covering customer onboarding, KYC, end-to-end order management, core fund operations, payments processing, reconciliation, contact-center sales and support, Equity & Mutual fund research, client coordination & team management.
What do you think about idea?
We are bringing Wealth management into Crypto world in a structured and scalable way. We expect to be leaders in the managed crypto-investing arena - acquiring the expertise and technology that will be required to stay ahead of all competition in the market. We are paranoid about being chased down and intend to stay abreast of every development in the market that would offer us an edge to offer superior returns.

CNW (Coinwealth) Last News

  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.