About CoinChum
CoinChum is a crypto social trading platform where both novice traders and pros can cash in on crypto trades by facilitating one-on-one interactions between users. Essentially, pros can leverage copy trading to monetize their strategies and profit from novice traders who duplicate their tactics to maximize their returns.
Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends.
Tiered deposit or withdrawal fees for all the cryptocurrencies.
Awesome affiliate program (Users earn a percentage by their referrals.).
Cryptographically secured wallet provided by Multi-Party Computation (MPC) technology
Flexible exit plans for investors
Wallet Security
Coinchum’s wallet security is protected via MPC which is cryptographically secured and protects the wallet from any human error or cyber-attack. Security to a wallet address is necessary as many individuals and institutions are entering this ecosystem. MPC provides four layers of security. These consist of:
1st Layer - Multi-Cloud with MPC
The Multi-Cloud provides security to the private key as it is never on a single device. The MPC and CMP (Certificate Management protocol) remove any single point of contact from both the internal and external hackers.
2nd Layer – Software Guard Extension (SGX)
SGX is encryption by the CPU of a portion of the RAM (i.e. computer memory) used to store each private key. The RAM and data are encrypted in the SGX which protects them from any hack or malware attack, even if the hacker has overall control over the Operating System.
3rd Layer – Policy Engine
This layer enables institutions and organizations to set their approval policies for the transaction, hence, it is called Policy Engine. The Policy Engine is also client-facing: it enables users to set their own rules and validation processes needed before transaction approval.
4th Layer – Settlement layer
Since the deposit address’s authentication is automated, the settlement layer helps in mitigating risks by authentication rotation. This is very important as at stake here is institutional asset security.
Problem (with prevailing P2P crypto platforms) & Solution(by Coinchum)
Problem: Lack of Social function on crypto trading platforms
Solution:
- Social trading feeds function
- Traders share info with traders
Problem: How to make profits from crypto trading
Solution:
- Sophisticated leader board
- Copy trading
Problem: Lack of Risk control during the trading process
Solution
- Implementation of risk scores
- Usage of risk ratios
Problem: Less security on account and wallet
Wallet security
- Assets insurance
- Fund password
Account Security
- GA
- Anti-phishing
Problem: High fraudulent probability
Solution
- Anti-Scam(before trade)
- Anti-Scam(after trade)
Problem: Lack of crypto analysis tools
Solution
- Price analysis tools
- Information terminal
COMPETITOR ANALYSIS
Etoro | KuCoin | CoinChum | |
---|---|---|---|
Social feature | Medium | Medium | High |
Copy trading | Yes | No | Yes |
Risk Control | Yes | No | Yes |
Top traders history | Yes | No | Yes |
Security level | High | Medium | High |
Anti-scam system | Yes | Yes | Yes |
Analysis tools | Yes | No | Yes |
Education resources | Yes | No | Yes |
C2C and B2C | No | Yes | Yes |
Customer service | Midium | Midium | High |
CRYPTO AND SPAC ERA
If Coinbase’s IPO has brought cryptocurrency into the mainstream of asset classes, it could have implications for SPACs. There are around 430 SPACs looking for deals and, it is highly likely given SPAC's role as lightning rods for speculation, that we'll start to see more cryptocurrency/bitcoin SPAC deals in the near future.
Indicative of future developments here is the news recently announced by Blockchain technology developer OBIT. OBIT announced in January 2021 that it is itself working to form a SPAC to combine with an emerging blockchain target.
DraftKing’s (NASDAQ:DKNG) 52-week low of $9.85 and a high of $64.19 shows how big a gain is possible when buying and holding a SPAC on an uptrend.
The social trading platform market size is expected to grow from $2.22 Billion in 2021 to $3.77 Billion by 2028; it is estimated to rise at a CAGR of 7.8% between 2021 and 2028.
The social addition to trading is what online multiplayer is for gaming. It provides the next-generation layer for crypto traders to have dynamic and natural adventures in the markets.
Socialization is at the root of many crypto trends, such as non-fungible tokens (NFTs). Now it has made its way into crypto trading. It supplies crypto traders with interconnectivity while trading, so the barriers stopping them from having fun and less fearful experiences are breached. Social trading networks such as Kucoin and Etoro open up the cryptocurrency sector to novice and expert traders by simplifying the trading experience and allowing investors to interact and learn from each other. They also enable traders to better their skills by interacting with community leaders and other successful investors on the network.
In conclusion, social trading holds the potential to speed up the widespread adoption of digital currencies. The growing trend is equipping crypto starters with the tools to book easy profits with minimal effort and experience.
Token Sale
Bonus Details
Token Allocation
Use of proceeds
Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies.
We will integrate more popular functions into our system. These functions include but not limited to:B2C,Social trading,Contract and Margin trading,as well as a professional trading system. Our goal is to build an ecological closed-loop system where traders can achieve their goals: profiting and trading. When we have more and more active global users, CoinChum will go to the next st age.Chum intelligent chain(CIC) will be a real updated smart chain where developers are able to build decentralized applications (DApps) and help users manage their digital assets cross-chain with low latency and large capacity.CIC is an easy-to-use public chain for users. And we need to take more social responsibility.Thats why we will set up CHUM labs to support unlimited crypto startups like us now.We hope we can solve some problems in developing countries, like poverty, education, and pollution.We will set up a foundation to help those countries who are in deep poverty from Africa, India, and Latin American countries where our most users come from.
Below are some of the expectations that investors can get from CHUM token and CoinChum company
- Token appreciation
- Strategic acquisitions
- Management buyouts
- Initial public offering (IPO) via S.P.A.C
What are we planning to achieve?
Coinchum will be guided by the following product roadmap. The dates in the roadmap are indicative and are subject to change. In the event that amendments are made to the calendar detailed below, Coinchum will update this white paper accordingly.
Team
Core Team Member
Nitesh Mishra
Co-founder and CPO
Serial Tech enterpreneuer, Founder of Bramble (Publicchain), Blockchain Development & Implementation, ML / AI Analyst
Matia Ingenito
COO
Serial entrepreneur, Blockchain & Web3 Developer and Consultant since 2018
Kristoff Molina
CMO
Expert in the cryptocurrency and NFT space, master on social media and online marketing
Kartik Patel
CTO
Full stack senior web developer, 8+ Years experience software development, Certified Bitcoin Expert™, Blockchain Expert™ and Ethereum Expert™
Board Advisor
Sandip Kundu
Strategic advisor
Corporate financing, strategy and operations management,15 years experience on PE funding, investments
Zachary Hsu
Private Crypto Investor and advisor on fundraising. Current Portfolio Director with expertise in Equity, Derivative products, Crypto trading and Risk Management
Moshood Animashaun
Strategic advisor
Experienced P2P cryptocurrency trader and researcher. A strong believer in the evolution of digital currencies and education to African Youths
Lokesh Shanbhag
Financial advisor
Early crypto investor and tech entrepreneur with expertise in the world of Metaverse, NFTs and P2E. Strategic Advisor for early stage projects & helping companies to fill in the gaps by connecting dots.
Xavier Bravo
Compliance advisor
Nine years of expertise in Customer Management and Compliance, Expert in the FinTech industry, Certified Bitcoin Expert™ (CBE) and Certified Crypto currency Expert™
Emanuela Luisa
Investment advisor
Fintech entrepreneur. Experienced advisor on crowdfunding and blockchain strategy. Helping early stage companies to reach investors
Yury Salamakho
Marketing advisor
Blockchain professional with C-level startup background and extensive experience in Marketing, Business Development, Operations, and Research. Experienced in startup investments and trading.
Simon Huss
Strategic Advisor
Strategist focusing on blockchain Technologies A decade of experience of solving Senior Leadership Teams toughest business problems, working with leading global corporations and with startups.
Jamilia Grier
Legal advisor
Global regulatory and Blockchain attorney and entrepreneur, Founder & CEO of ByteBao, Legal Advisor to NFT and crypto projects
FAQs
Our roadmap is planned where we take on the most complex problems and turn them into great solutions
What is ICO Crypto?
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What cryptocurrencies can I use to purchase?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
How can I participate in the ICO Token sale?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
How do I benefit from the ICO Token?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
Which of us ever undertakes laborious?
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Pityful a rethoric question ran over her cheek?
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Which roasted parts of sentences fly into your mouth?
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Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
How do I benefit from the ICO Token?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
Pityful a rethoric question ran over her cheek?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
Vokalia and Consonantia, there live?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
Who do not know how to pursue rationally?
Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
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@coinchumco