CoinJanitor

CoinJanitor

Created using Figma
Created using Figma

Last Update

Apr 25, 2018

COINJANITOR. This project is aimed at unlocking the value of failed or dead coins and transferring the same to functional crypto currency networks in a user-friendly way. It will also eliminate the coins that trapped the value. It will create a token that will provide a convertible asset for the users of the dead or failed coins allowing them to unlock the value left on the block chain of the coins.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • SouthXchange
    JAN/BTC one hour ago
    $ 0.0063
    $ 158.02
    -32.31%
    265.62%
  • Token.Store
    JAN/ETH 3 days ago
    -
    $ 10.05
    -
    -
  • TokenJar
    JAN/WETH 2 months ago
    -
    -
    -
    -
May 1, 2018
May 31, 2018
100% completed
$2 500 000
33% hard cap completed
Hard cap 7 500 000.00 USD
past
Token Details
Ticker
JAN
Accepted Currencies
ETH, BTC, LTC, XMR, FIAT
Company Details
Registered Country
Cyprus
Additional Details
Platform
Ethereum
KYC
Yes
Categories
Platform, Cryptocurrency

About CoinJanitor

With more than 4,500 cryptocurrencies in circulation, there are bound to be many that are functionally dead. This presents many challenges for cryptocurrency markets, as well as for the users of those currencies. Those users have their money locked in a network that doesn’t allow them to transact, or a currency that is not tradeable. Cryptocurrency markets on the other hand, suffer from dilution of resources and reputational issues due to the sheer number of unusable coins. CoinJanitor aims to solve these problems by unlocking trapped value in these projects and at the same time create the much-needed public discussion of how best to recycle value from failed projects in the future. CoinJanitor will achieve this by taking over failed projects. To do this we will exchange CoinJanitor tokens (JAN) for the delisted coins that users hold. We will then proceed to burn those tokens and coins that we acquire. Through this mechanism, value will be restored to individual users who can sell or trade their CoinJanitor tokens, and to the community at large by the recycling of codebases and project assets back into the community. By reducing resource dilution in the market CoinJanitor will contribute to the network effect of functional coins, more effectively leverage fragmented communities and implement a mechanism for the recycling of spent resources back into future projects. As a result, CoinJanitor will also benefit from network effect and create a highly engaged, loyal community of coin holders working towards the improvement of utility and value in the crypto economy.

Technical Info

Failed coins are profiled and a buy-out program is set up so that the coins creators turn over access to GitHub, other code repositories and all marketing assets. CoinJanitor burns the coins it bought and underlying blockchains are disabled. Relevant code repositories are organized and turned into an open-source blockchain library available to any community member for future developments and academic purposes. CoinJanitor compiles relevant data that is otherwise missing.

CoinJanitor Roadmap

  • Q3 2017

  • Criteria and methodology development and initial coin research.
  • Q4 2017

  • Development of proprietary profiling systems.
  • Q1 2018

  • Identification of preliminary candidate coins.
  • Feb 2018

  • ICO announcement
  • Read More
  • 2 April 2018

  • ICOopens.
  • 2 May 2018

  • ICO ends
  • Q2 2018

  • First token swaps.
  • Q3 2018

  • Release of API into CoinJanitor market data.
  • Q4 2018

  • First state of the market report on all coins.
  • Q1 2019

  • CoinJanitor phase 2 TBA

Activity

Activity:
280
HIGH
Posts:
268
MEDIUM
Views:
2 986
LOW
Activity:
280
HIGH
Merit:
2
VERY LOW
Posts:
268
MEDIUM
Views:
2 986
LOW
Users:
236
MEDIUM
Posts:
405
HIGH
Followers:
498
VERY LOW
Likes:
474
VERY LOW
Followers:
1 945
LOW
Tweets:
1 346
VERY HIGH
30 Days Growth:
21
Members:
1 232
LOW
30 Days Growth:
81

CoinJanitor Team

Verified 67%

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

2 ICO

$8 000 000

Asaf Yosifov
CTO
unverified

2 ICO

$8 000 000

Tzahi Kanza
Biz Dev
verified
Tzvi Shishler
CMO
verified
Theo Morgan-Somers
CIO
unverified

11 ICOs

$181 702 066

Marc Kenigsberg
CEO
verified
Steven Gleiser
Economic Architect
verified

CoinJanitor Interviews

Tzahi Kanza
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm in charge of the business development.

I think CoinJanitor brings huge value to its contributors first and foremost, but also to cryptocurrency markets,
other blockchain projects, and to the whole community of cryptocurrency enthusiasts.
Tzvi Shishler
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm in charge of marketing.

CoinJanitor will bring back value to deadcoins while cleaning up the crypto space.
Marc Kenigsberg
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am so proud of this project. It is a critical mechanism to clean the markets and improve the health of cryptocurrency. The fact that we can do this and pay users at the same time for the worthless coins is a great achievement. I believe deeply in CoinJanitor and will spend the next years ensuring success
!
Steven Gleiser
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Economic Architect. I'm responsible for making all the theory behind the buy outs, incentives and benefits work for our supporters and dead coin holders alike.

CoinJanitor Last News

$ 0.0063
-32.31%
Coin Stats
Daily, %:
-32.31%
Weekly, %:
-29.71%
Monthly, %:
2,210.84%
Market Info
Market Cap:
$ 349.389 K
Volume 24h:
$ 158.02
Circ. Supply:
55.317 M JAN
Ticker:
JAN

CoinJanitor Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

COINJANITOR

This project is aimed at unlocking the value of failed or dead coins and transferring the same to functional crypto currency networks in a user-friendly way. It will also eliminate the coins that trapped the value. It will create a token that will provide a convertible asset for the users of the dead or failed coins allowing them to unlock the value left on the block chain of the coins.

PROS

  • CoinJanitor is a community-funded project that aims to restore the value of dead coins to users and contribute positively to the entire crypto community.
  • The project will involve all stakeholders in establishing the best way to deal with dead coins and failed projects as well as how best to recycle the same. This will allow supporters of the project to own up to it and make their contributions.
  • The ERC20 token allows CoinJanitor to focus on the economic aspects of the project without spending money creating an independent block chain that will compete with other digital currencies present in the market.
  • It adopts a manual approach to unlock the trapped coin, a methodology that will work best because most of its target coins are based on very old or even outdated databases that would otherwise require substantial resources to before dead coins can be recovered.
  • Each failed project CoinJanitor restores expands the project’s market reach besides influencing further projects. Consequently, with time marketing costs will reduce significantly.
  • Whitepaper; it is elaborate, detailed and wastes no time explaining unnecessary ideas. While the project is advancing a course that can easily be mistaken or criticized, the whitepaper does a great job in allaying such fears.
  • The team; it is composed of highly qualified individuals who will definitely utilize their skills and expansive experience in the digital currency world to enrich the project.

CONS

  • The project is likely to run into trouble because individuals deliberately “killed” the coins or masterminded the failures of the same for selfish reasons will fight back fiercely.
  • The team; with six team members the system is likely to lack diversity and divergent angles typical of systems with larger numbers. All the members are also men.
  • The decision on the duration necessary to label a dead coin as such needs contribution of community members. Fixing the duration to two years is somewhat rash.

SUGGESTIONS

  • The system should strategize on how to deal with failed systems that were deliberately brought down.
  • Include more team members and consider strongly increase the gender ratio.
  • Involve community members in determining the duration of time necessary to label a coin a dead.

NOTE

Despite the many possible problems critics expected the project run into, I believe it is a brilliant idea whose time has come. All stakeholders; the digital currency, crypto community members, and economists need it. So, I will invest in this project.

Read More
thetechinsider.org
reviews

Summary

Everyone invests in the wrong coin sometimes; it's inevitable when participating in a volatile market as the crypto market. But, with Coin Janitor, it has a good project vision and idea behind. With it, we can see a more rewarding economy where beginners won’t get penalized too much for investing in a dead coin. So long as the coin’s community is active within Coin Janitor’s platform, then it will stay open for trade!

Positives
Supports Owners of Failed Coins: The unit will gain benefits from their dead coins. And they’ll join a community that’s expected to grow exponentially based on the dead coins that are unable to be sold on the market.
Coin Janitor Users: People who use Coin Janitor will gain a new economy where they can resell their dead coins. The economy will find value within the failed coins and give them a new environment of users who have their value of the coin.
Boosts the Crypto Market: The crypto market benefits by decommissioning the dead coin’s blockchain that reduces its value.
Negatives
Short White Paper: While it has a well-defined vision and idea, the white paper is only two pages long. This can be misleading for large investors who want more information on an ICO before getting into it.
Economic Uncertainty: While it says Coin Janitor will restore the value of a dead altcoin, it leaves us confused as to how it will create the value of that coin. While communities will help determine the value, we need to see more economic factors it can affect before we see a change in its value.

Read More
icocrunch.io
review

The idea to clean up the crypto industry is noble and pretty logical. We have no doubts the owners of dead tokens will be enthusiastic about the opportunity to convert their tokens into something valuable. The team has developed a detailed plan, roadmap, and whitepaper describing all their steps. Add here a simple fact that CoinJanitor is the only project of this kind, and you will see how bright the future of the project is. The long-term perspective looks especially positive.
An excellent idea of making the crypto industry healthier by buying out dead or failed tokens can restore the lost investments to the token owners and the value to the market itself.

Read More
expert-coin.com
reviews

It is very difficult to talk about the advantages of this unusual project for the redemption of useless dead coins. Perhaps its main advantage for the participants is the exchange of information and mutual moral support of failed investors. As well as a complete lack of competition.

Among the disadvantages are the following:

Lack of commercial sense in the project;
The lack of demand of the product.

Read More
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