Blockchain is an interesting concept to explore. This technology is a decentralized digital ledger, which includes transactions, and works with data organized through a series of notes called blocks. This technology uses a secure system and is essential for managing financial data as well as the development of digital currency.
Using these technologies, new decentralized applications (dApps) are being created at a rapid rate. DApps are performing functions ranging from distributed storage, distributed cloud computing, decentralized financial applications, decentralized advertising, and more. This has given way to digital tokens or digital assets representing real world goods/services as well as digital goods/services. As digital currencies, dApps, and digital assets are continually being created, the way in which parties transact and manage these assets needs to improve.
Currently the absence of quality information and easy-to-use tools has created a barrier to entry for users. There is a need for trusted applications that allow everyday users to exchange and manage digital assets easily and efficiently. In addition, there is no way to manage hundreds of digital assets efficiently. Allow me to introduce to you T CoinLion.
What is CoinLion ?
CoinLion is a crytocurrencies trading platform built with built-in portfolio management, publishing and promotional toolset, dual blockchain order book system, and token generation capabilities. Using the ERC20 smart contract powered by Ethereum, CoinLion will introduce a token, LION, that interacts with the platform using smart contracts. Users can spend and earn LION in many ways, including creating and sharing portfolios, strategies, research and content relating to the management of cryptocurrencies.
The CoinLion Platform gives users the tools they need to make expert trading decisions. The platform also give users the power to learn, grow and build by sharing portfolios, strategies, and research. A ative token, LION, gives users the potential to earn by providing value to the community and the CoinLion Platform, in turn creating an ecosystem where users can earn and spend while trading and managing digital assets.
Usability Lion Token
LION has many uses within the platform, allowing any user to spend and earn LION in a variety of ways. This includes earning LION from the CoinLion Platform itself. LION can be earned by (i) creating and sharing portfolios, research, and strategies with other users, (ii) submitting research CoinLion publishes within the platform, (iii) becoming a top performer within the CoinLion Platform, and (iv) allowing advertisers to access your public profile and more.
Spend LION to (i) follow and duplicate users’ portfolios (ii) create and publish multiple portfolios and access advanced features within the portfolio management tool (iii) access premium features within a world class research and analytics library (iv) promote your portfolios on CoinLion’s featured portfolio list (v) trade for free within the LION market, and (vi) access discounts on ICOs featured on the platform.
CoinLion Platform Features
Portfolio Management Tool (PMT)
The CoinLion PMT is a state-of-the-art portfolio management tool. It allows users to create and manage portfolios in a simple and efficient manner. With the PMT users can buy and sell multiple assets with a single click.
Users can select to purchase a group of assets by amount, quantity, or percentage, and submit the order in one click. Market orders will be executed at the best possible price across the various assets. Users can choose to execute these orders at the market price, or choose to place more advanced orders for each asset. This allows portfolios to be managed easily and efficiently, putting the user in total control of their assets.
CoinLion PMT also allows users to publish portfolios and name their price in LION for allowing other users to track their portfolios. Publishers of portfolios can set a cost in LION for tracking a specific portfolio over a period: monthly, quarterly, semi-annual or yearly. This empowers users by providing a means to generate LION for creating and sharing portfolios.
The user also has the option to allow their portfolio to be publicly tracked and published to the portfolio tracker within CoinLion. This allows to users to showcase their skills when it comes to managing digital assets, and in turn generate additional LION by driving traffic to the portfolio. Top performers within the CoinLion Platform will receive LION bonuses from CoinLion.
Portfolio Management Tool Design
Wide Variety of Fiat, Crypto & Digital Assets
CoinLion will support a wide variety of fiat currencies, cryptocurrencies and digital assets. As digital assets and currencies are continually being created, having simple and efficient access to those assets is critical.
CoinLion will support most major currencies and assets and apply a strict due diligence process to acceptance of new currencies. CoinLion will maintain markets in Bitcoin, Ethereum, and LION.
Dual Blockchain System (DBS)
CoinLion’s order book utilizes a dual blockchain, specifically designed for speed, to track and monitor transactions. The dual blockchain system ensures data integrity and transparency. Each blockchain is designed for a specific purpose. Working together these blockchains make it possible to achieve complete integrity, immutability, and transparency.
The first blockchain stores specific data related to each buy and sell order placed and work in sync with the matching engine. The second block chain stores data specific to each trade that occurs.
These blockchains are developed by CoinLion’s technology team and are meant to be a source of data for reporting and tracking purposes.
This dual blockchain uses geographically distributed nodes to confirm transactions and preserve the decentralized nature of the blockchain.
Publishing and Promotional Toolset
CoinLion’s portfolio publishing and promotional toolset lets users publish created portfolios and content. Users can create and publish content related to digital assets. Users will have the option to add a price in LION for access to features on their profile. This could include access to portfolios, research, or strategies. Users will leverage their profiles to earn LION for creating and publishing portfolios, research, strategies, and more. The promotional toolset will also allow users to share their portfolios and content across various social media platforms.
CoinLion will offer an ICO underwriting service which will list new coins to the platform. LION holders will have access to purchase these ICOs at a discounted rate. CoinLion will use a rigorous due diligence process when evaluating adding a new coin to the platform. This is a six-step process that utilizes a set of criteria to rank potential ICOs.
The due diligence process follows a robust qualitative and quantitative analysis to evaluate and select coins for the platform. Elements of the core screening process are customized to each coin.
The quantitative factors include market size, projected growth potential, project duration and risk factors. The quantitative factor screen helps to eliminate projects that we feel are unlikely to be successful or deliver value to the purchasers or the platform.
The qualitative factors include factors such as team, industry applications, marketing efforts, and utility. Each factor is analyzed using the six-step process and given a quantitative ranking resulting in an overall score. Only the top ICOs evaluated will be listed on the CoinLion Platform. ICO underwriting serves two purposes. The first is to offer users a wide variety of quality new coins on the platform. The second is to provide added liquidity for new coins.
Blazing Fast Trade Execution
Orders are facilitated using a dedicated order matching engine. This engine matches trading pairs at lightning speeds ensuring users are provided with the best execution possible.
CoinLion will maintain a market in LION. When trading in the LION market, users will enjoy free trades. This will work to ensure LION liquidity and stability over time.
Cutting Edge Trading Tools
The CoinLion Platform contains a suite of state-of-the-art trading and analytics tools. Choose from hundreds of studies to implement into portfolios, including a wide array of charting and technical analysis tools.
Digital Asset Screener
CoinLion implements the first-of-its-kind cryptocurrency and digital asset screener. This allows users to screen and rank criteria when selecting assets and portfolios, and easily implement them into their holdings. Criteria will be scaled as more information is known and as more portfolios are created. Initial criteria will include: market cap, price, volume, performance, maturity, and more.
Simple & Powerful User Interface
CoinLion provides a world-class user experience when it comes to trading and managing digital assets. User information is displayed clearly. Access to tools and information is readily available. Users have the ability to customize views to their liking. Portfolio views and allocation views are easy to read and understand. The portfolio management tool is easy to use and powerful, giving users a simple and powerful way to create and manage portfolios.
Research and Analytics
CoinLion will be providing a world-class research and analytics library compiled by the research of the users. CoinLion will be purchasing research from users using LION. In addition to free research and analytics, the research library will contain premium content available to access with LION.
A robust reporting system uses information from the dual blockchain system and platform data to create a variety of reports for users to access. These reports make it easy for users to access the information they need. Reports include, but are not limited to, gain and loss reports, performance reports, transaction reports and more. These reports will aid users in tracking various metrics for purposes such as tax reporting, performance tracking, cost tracking and more.
CoinLion is working hard to deliver a world-class experience to users at a lower cost than existing exchanges and platforms. There are no fees for having an account on the CoinLion Platform, and there are no maintenance or on-going fees.
CoinLion will be a cost leader when it comes to trading costs and will use a tiered maker/taker volume rebate schedule, combined with a per trade cap. The base cost is .12% for the maker, and .20% for the taker, both with a cap at .5 ETH or equivalent BTC.
Makers are those who place orders that are on the book before the trade occurs. The taker places the order that is matched with the maker’s order. This cost schedule promotes liquidity by encouraging makers to place orders. It also works to create tighter bid/ask spreads.
Algorithmic Trading Support
The CoinLion trading Platform is designed to provide a powerful trading experience. We understand that traders also trade through third-party platforms and design their own algorithmic trading bots. Our commitment is to provide the best trading experience possible, and we designed our APIs to allow for high frequency algorithmic trading.
Margin Trading and Lending
Margin trading loan interest users can choose to become margin loan providers and receive interest earnings with their asset deposits. CoinLion will calculate the interest using the relationship between margin trading loan supply and demand. A fraction of earnings generated from interest payments will be collected by CoinLion
CoinLion integrates with consumer bank accounts to provide the user with a comprehensive view of their holdings. CoinLion will allow users to aggregate their holdings into one view. This will allow users to evaluate their overall financial position including their crypto holdings.
LION Token Sale
CoinLion will create a total supply of 500 million LION. No additional LION will be created. 250 million LION will be available in the token sale. The token sale will include a Pre-Sale and a twophased token sale:
Minimum Goal to start: 15,000,000 LION
Currency accepted: ETH
Base LION Token exchange rate: 1 ETH = 2500 LION
TOTAL TOKEN SALE HARDCAP: 250,000,000 LION
Pre-Sale: 5 ETH Minimum
25,000,000 LION hard cap
Exchange Rate: 1 ETH = 3500 LION
Minimum: .1 ETH
Start Date: 18th of December 2017 (12AM UTC))
End Date: 7th of January 2018 (12AM UTC)
Week 1: Bonus 20%
Exchange Rate: 1 ETH = 3000 LION
Week2: Bonus 15%
Exchange Rate: 1 ETH = 2875
Week 3: Bonus 10%
Exchange Rate: 1 ETH = 2750
Start Date: 12th of February 2018 (12AM UTC)
End Date: 25th of February 2018 (12AM UTC)
Week 1: Bonus: 5%
Exchange Rate: 1 ETH = 2625 LION
Week 2: Bonus: 0%
Exchange Rate: 1 ETH = 2500 LION