Spotcoin

Spotcoin

Created using Figma
Created using Figma

Last Update

May 23, 2018

we make digital currencies work for everyone
ICO
Oct 22, 2018
Oct 27, 2018
100% completed
Raised funds - no Data
past
Pre-ICO
Jun 12, 2018
Jun 14, 2018
100% completed
Raised funds - no Data
past
The SPOT private sale
Apr 10, 2018
Jun 1, 2018
100% completed
Raised funds - no Data
Goal 30 000 000 USD
Cap 5 000 000 USD
Hard cap 30 000 000 USD
past
Token Details
Ticker
SPOT
Accepted Currencies
ETH, BTC, NEO, GAS, FIAT, SIB
Company Details
Registered Country
Georgia
Additional Details
MVP/Prototype
Yes
Platform
NEO
KYC
Yes
Categories
Cryptocurrency, Retail

About Spotcoin

We are an over-the-counter clearing house that provides ease of movement between fiat and cryptocurrencies. With our rapid growth, we've expanded into a multi-faceted powerhouse engaged in mining operations, education in the Black Sea Region, and building a global digital exchange based in Georgia. At Spotcoin, we bridge the gap between the traditional banking sector and the emerging digital currency marketplace. We are focused on making the financial institution of the future accessible for everyone.

Spotcoin Roadmap

  • Q4 2016

  • Spotcoin was co-founded by:
    Andrew Thornhill
    Giorgi Abuladze
    Guram Rukhadze
    Natalia Khizanishvili
  • Q1 2017

  • Completed $1.5M in transactions
  • Q2 2017

  • Trading exceeded $5M with profit surpassing $10,000 on a single trade
  • Q3 2017

  • Appointed CEO and received $500,000 in initial seed funding
  • Read More
  • Q4 2017

  • Moved into new offices and hired 20 new staff members
  • Q1 2018

  • Pre-ICO phase. Received $500,000 second round funding
  • Q2 2018

  • Trading Logic Integration & Matching Engine
  • Q3 2018

  • Advanced UI & notification system.
    Admin panel & customer support tools
  • Q4 2018

  • Functional testing, security audit completed & launch
  • Q1 2019

  • Launch

Activity

Activity:
97
LOW
Posts:
1 103
VERY HIGH
Views:
8 823
HIGH
Posts:
1 834
VERY HIGH
Followers:
3 621
MEDIUM
Likes:
3 475
MEDIUM
Followers:
2 539
MEDIUM
Tweets:
310
HIGH
30 Days Growth:
-202
Alexa
Rank:
744 108
LOW
Delta:
345 797

Team

Verified 100%

Co-Founder
verified
Co-Founder
verified
Co-Founder
verified
Co-Founder
verified
Chief Executive Officer
verified
Chief Strategy Officer
verified
Director of Administration
verified
Marketing Manager
verified
Information Technology Manager
verified
Chief Accountant
verified
ICO Program Manager
verified
ICO Program Coordinator
verified
Armenia Country Manager
verified
Netherlands Country Manager
verified
Compliance Manager
verified
Graphic Designer
verified
Senior Software Engineer
verified
Junior Software Engineer
verified
Innovation Manager
verified
Bookkeeper
verified
Administrative Assistant
verified

Advisors

Verified 11%

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

Marketing Advisor
verified
CEO Kevala Analytics
unverified
President & Co-Founder, GAU
unverified
Former President, Bank of Georgia
unverified
CFO, The Perfect Processor
unverified

Former members

Digital Marketing Manager
Gregory Sakandelidze
Office Assistant
John Okruashvili
Mobile Data Security Expert
Zurab Tsikhistavi
Former Founder & Chairman of Basis Bank
John Wurdeman
Co-Founder Pheasant Tears

Spotcoin Interviews

Andrew Thornhill
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Co-Founder of Spotcoin
Guram Rukhadze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Im Co-Founder and Spokesperson of Spotcoin!
Giorgi Abuladze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Spotcoin is making smart economy accessible for everyone, allowing for easy, frictionless exchange between fiat currencies and digital assets, with competetive fees and wide range of payment options.
Natalia Khizanishvili
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Managing Payments platform Spotpay.
Timothy Gick
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Please check out our whitepaper

https://www.spotcoin.com/whitepaper.pdf
Sean Mulcahey
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the Chief Strategy Officer for Spotcoin.
Nelly Gvadzabia
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am Director of Administration.
Ketevan Popkhadze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Communications Manager
Nikoloz Gugulashvili
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Hey This is Nick.
Zaza Sharmanashvili
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Chief Accountant
Byron Yoshida
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Spotcoin ICO Progam Manager
Tamar Nozadze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Tamar is an ICO coordinator. In her opinion Spotcoin offers research based, pragmatic and efficient solution to the existing deficiencies of crypto economy. For more information on how, you can look at our white paper @https://www.spotcoin.com/whitepaper.pdf
Anait Ambartsumyan
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I represent Spotcoin in Armenia and other CIS countries and I’m happy our region will finally have the platform which is created based on our interests with fiat currency of each country, will pay enough attention to education in this field and fill other gaps which allow to feel comfortable now
Archil Kublashvili
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
It is an awesome idea and something that will benefit whole cryptocurrency ecosystem. Spotcoin will enable faster adoption of cryptocurrencies for everyday use.
Nino Kavtaradze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am Compliance Officer at Spotcoin. Here our customers can quickly buy and sell cryptocurrencies and get paid not.
Zurab Kvinikadze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a social media and digital marketing manager at Spotcoin.
Irakli Kadzilashvili
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My role is to take care of company's visual side, Web-site, Digital and printing materials. I think that Idea and Team's outstanding performance will find us success !
Nika Revazishvili
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Lead Blockchain Developer
Tornike Peradze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Software Engineer
Shalva Giorgadze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Innovation manager
Salome Gabrichidze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Accountant Assistant
Marine Meladze
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm Administrative Assistant.
Davit Jgerenaia
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
UI/UX Designer
Zack Newmark
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Spotcoin is an exciting approach to the smart economy, making digital currencies useful for everyone. I’m thrilled to help get the word out about these innovations.

Last News

3.88
stable
5.0 18
ICO Profile Vision Activity Potential Product Team

Spotcoin Reviews

thetechinsider.org
reviews

Positives
Provides an exchange from 10 different fiat currencies to digital assets
Next day guarantee settlement of exchange
Spotpay provides an instantaneous transaction using digital assets
Large environmentally friendly, hydroelectricity mining operation that can exempt Spotcoin from VAT
Negatives
Spotpay will leverage Spotcoin in order to make transactions instantaneous

Read More
bitcoinexchangeguide.com
reviews

If you are based in Georgia, there is a good chance that Spotcoin might look like something interesting for you. On the other hand, if you are not, then the chances that you might want to use Spotcoin are considerably lower because

Read More
icopools.io
analysis

Marekt Competitive environment:
CEX sphere is a very competitive space with strong teams, well-established technologies and new trading pairs on monthly basis. Spotcoin will need to compete with Binance, Coinbase, Bitfinex, etc.
At the same time, some CEXs (like Bitfinex or itBit) are already integrated OTC trading into their platforms. So Spotcoin will need to compete with their well-developed infrastructure and giant user base.
In cloud mining aspect Spotcoin will need to compete with Genesis Mining, IQ Mining, ViaBTC, GMO Group, etc. These companies invested tens of millions of dollars to facilitate their services. And Spotcoin (even if hardcap will be reached) won't take a big share of the market.
In payment systems, space project will compete with BitPay, Coinbase Commerce, etc. These competitors are operating in the crypto industry for many years, they have very strong teams, and in the huge money was already invested (e.q. Coinbase has valued $8 bln).
Spotcoin has nothing to show to its competitors.

The project advantages:
The team aims to develop a platform that will provide access to cryptocurrency exchange, cloud mining, OTC trading, and payment system in one place (Spotcore).
Mining facility is establishing to bring to the cryptocurrency exchange liquidity. For mining will be used only GPU miners. Georgia is good jurisdiction for mining because of its climate and cheap electricity.
SPOT token will be used to weekly entitle (in GAS) its holder with 51% dividends from CEX fees. Also, token holders are entitled to an additional quarterly dividend of 12% of the net profits derived from Spotcoin’s mining, OTC, and Spotpay payments businesses.

SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums
Project is not shilled by any of influencers.
Facebook: 3k followers, average number of likes per post is 150, average number of comments per post is 15, user activity is high.
Twitter: 2,6k followers, average number of likes per post is 190, average number of retweets is 100, average number of comments under the post is 15, user activity is high.
Instagram: 1,5k subscribers, average number of likes per post is 190, average number of comments under the post is 20, user activity is high.
Youtube: average number of views per video is 60, average number of comments under each video is 1, user activity is low.
Bitcointalk: thread has 40 pages of discussion, user activity is low;
Medium: average number of likes per post is 1 500 without any discussion in the comment section, user activity is low.
Reddit: average number of comments under the post 7, user activity is medium.
Telegram: 13,3k members, admins on the Telegram-channel are responding at the medium speed and for the most part are answering by copy pasting parts of the white paper that are irrelevant to question (they deleted this discussion in hour after that). User activity is medium, but it’s not natively generated. Many comments with no value are appearing in the moment when you asking the team some critical questions just to make your questions lost in this empty comments.

Read More
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