RECAP#AMA810

#AMA816

CryptoFury x CoinWealth

⏰ Time: January 11th , 12:00 PM UTC
💰 Reward Pool : 100$
💎 Place : https://t.me/CryptoFury_Chat

Question for Part 1- Project overview:

1. Could you please introduce yourself and CoinWealth?

CoinWealth: CoinWealth is a managed Crypto Assets Platform that will enable TradFi investors to diversify into this new asset class comprising Cryptocurrencies, Tokens, DeFi streams, NFTs & Tokenised-Assets.

Our intent is to make crypto assets a part of every portfolio a real possibility.

Expected date of Public launch of the platform is 1st March 2022. Integrations are underway with different crypto exchanges. We are in the process of doing our Token Sale on the Ascent Platform on Bitbns

We founders are from the investment management industry with a collective 25 plus years of experience. We have been Crypto natives for about 4 years now with a personal investment track record. We are backed by senior veterans from the investment, crypto/Web3, enterprise and startup arenas.

RJ is currently Co-Founder and COO of Weinvest, a Singapore headquartered Top 10 FinTech startup building out a digital wealth and advisory platform that helps banks, asset managers and institutions offer online investment options to their clients.

Before this he was at PubMatic, US where he remains a shareholder. It is now listed on the NASDAQ (PUBM) at a valuation of over US $2 billion.

Rajesh V previously was Director of Operations for WeInvest (Singapore-based WealthTech firm), where he managed an AUM book of SGD 200 million+ in Robo Advisory business operations for one of Top 3 banks in Singapore.

Sushanth worked in financial technology startups, and has also spent considerable time in the Healthcare IT and Home Services tech industry. He is the technical brains of our project.

2. From where you get the project name? What does it means to you? And why you choose this name for your project? What is your mission and vision to built this project? What you want to achieve Through your project in future?

CoinWealth: CoinWealth came from the idea of introducing crypto to the traditional investor and keeping the message simple. We are completely focused on investments in the crypto industry and bringing structure to the whole process.

Vision: Ushering in the era of decentralization.
Mission: Making crypto assets a part of every portfolio.

We want to be known as a company that is known as the premier investment destination for Crypto

We would like to bring more traditional investors into the world of crypto and benefit from the growth that is happening

3. Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of the token?

CoinWealth: Being an investment firm, the value of the token is an important component for us.

It will be the entry into the CoinWealth ecosystem

We will provide staking rewards, discounts, priority access to all CoinWealth investment investment products through the tokens

Part 2: Pre-selected questions from our community

1. Asia, Africa and other communities are Non-English speaking communities, how will your project create global adoption to more local communities ?

CoinWealth: This is an important consideration. We will work on vernacular integration with all key countries in Asia, Middle East and Europe

Our investments are the same across the world. And crypto is borderless. We only have to connect on language

We are also typing up with local crypto exchanges through which we will offer products.

We have detailed conversations in progress with 3 such exchanges now

2. How do we invest in the project? Do we have locking period or a minimum requirement to be eligible?? Kindly explain more about your Tokenomics, Release Schedule and UTILITY, is it inflationary or deflationary?

CoinWealth: You can invest from anywhere in the world through the Ascent Platform of Bitbns

On popular demand from those who are yet to get a Bitbns account — here is the link to apply directly using your crypto wallet: https://launchonascent.com/#/listing/7

It is the same platform where bePay launched from recently

For those with a Btibns account, We are delighted to release one of the most exciting Token Sale events ever for investors participating in CoinWealth IEO via Bitbns Launchpad.

Get a chance to win an XUV700, iPhone, iPad, MacBook, and a lot more exciting rewards

Read instructions here:
https://coinwealth.medium.com/coinwealth-token-sale-get-a-chance-to-win-an-xuv700-iphone-ipad-macbook-and-a-lot-more-927d8c4bcaf4

We have some crazy prizes daily apart from a grand prize for the top token buyers

There is also a Top 100 Club for the big buyers with more benefits

Tokenomics:

Total Lifetime Supply : 13 billion
Liquidity on Phase III close: 20.60%

Phase 0: Private Sale @ $0.002458 — Subject to a 25% Unlock on TGE — Equated Monthly Vesting (12.5%) over 6 Months. (Range: $5,000 — $250,000)
Phase 1: Pre-Seed Sale @ $0.002950 — Subject to a 25% Unlock on TGE — Equated Monthly Vesting (12.5%) over 6 Months. Close of all phases (Range: $1,000 — $25,000)
Phase 2: Seed Sale @ $0.003540 — Subject to a 25% Unlock on TGE — Equated Monthly Vesting (12.5%) over 6 Months. Close of all phases (Range: $300 — $1,000)
Phase 3: Public IEO @ $0.00400 — Reserve Price — Biddable — No locks or Subject to a 25% Unlock on TGE — Equated Monthly Vesting (12.5%) over 6 Months. Close of all phases (Range: $20 — $300)

More details & charts are on this document

Join our CoinWealth Community on Telegram for more details: @CoinWealthGroup

3. Can you list the outstanding features of CoinWealth that you think are the strengths that will help CoinWealth succeed? In the future, will the CoinWealth token be developed with more utilities?

CoinWealth: We are a mix of three skillsets:

1. Investment Management experience (25+ years)
   2. Crypto Investing expertise (since 2013)
   3. Ability to build and scale Technology startups

We have already scaled investment companies in the past in the traditional sector raising over $10 million and managing nearly $1 billion across different projects and geographies

4. Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners? Can anybody anywhere use this project without Any restrictions?

CoinWealth: We are not restricted by geography. We only limited by the number of deals and integrations we can do to seamlessly onboard clients in multiple countries

We are seeing some very encouraging signs in the form of better regulations appearing in multiple countries.

We are starting off in India as the team and the technology partners are based here. The first tie-up we have is with the Bitbns platform — they will serve as our IDO Platform, Listing Exchange, Fund Platform and our DeFi Partner

Integrations are on and we will Go-Live by Mar 2022

5. Many newbies want to learn project and are interested in blockchain technology, Do you provide educational videos related to your project and blockchain technology guidelines? How friendly is your platform to new users?

CoinWealth: We will make the platform easy to use for someone who has never used or invested in crypto before

Intent is to make it easy for anyone new to be able to do it. If you can invest in a Mutual Fund, you would be able to invest in CoinWealth

There is also an effort to create content that better describes the opportunities available in the crypto segment. This will help the traditional investor appreciate the nuances of what this segment is all about.

Expect more along the lines of a CoinWealth Varsity that will create and curate the knowledgebase that traditional investors will look for about crypto assets.

We will sponsor programs that will encourage the younger audience to learn more about blockchain technology and benefit from it

Question for Part 3: Guests will choose 5 live questions from members and answer directly in CryptoFury Community

1. Can you describe how is burned system work in your project? Because I think burn is important to up value and price of token?

CoinWealth: This one! We will repurchase and burn tokens for 10% of our profits every year and reduce the supply. This will continue until we are able to burn up to 40% of the Total Supply.

2. Many projects ride a hype wave and then slowly dissolve, leaving a trail of broken dreams behind them. So how can you promise to avoid the same fate and as a starting project, how can we trust you? Also, how can we be confident that 100% rug gable is way impossible here?

CoinWealth: For us, the Token Sale is just the introduction into the Crypto world. We have much bigger plans to scale the business of investments in Crypto. The rewards are much bigger than to just focus on the short term.

Even with the Token Sale, we care more for increasing awareness than just gaining the funds.

3. Please describe your key products and the success they bring to the project and the community? As a reason for us to invest in CoinWealth?

CoinWealth: We have 8 segmented Portfolios coming soon.

They will cover different sectors within crypto.

1. Game of Platforms: Blockchain Platforms
   2. ZappDapp: Decentralized Application Tokens
   3. DeFive: Decentralized Finance Top 5 Plays
   4. DeX Hexes: Decentralized Exchange Growth
   5. 3on33 — Chainovation: New General Innovation: (3% each on 33 projects)
   6. NFT, not Nifty: Non-Fungible Tokens & Platforms
   7. Gamify my Portfolio: Gaming Crypto Opportunities
   8. Speed — Momentum Investing: Active Market Winners

CoinWealth addresses the following Crypto Investment classes:
o Cryptocurrencies & Tokens
o DeFi | SoFi | GamingFi
o Non-Fungible Token Collectives
o Tokenized Assets

Programs/Streams:
a. Segmented Portfolios (Managed Cryptofolios);
b. Portfolio Management Services for HNIs;
c. SIP Options into existing portfolios;
d. Fixed Income Programs (DeFi & Lending);
e. High Risk: Leveraged & Algo-Trading;
f. Special Situations: ICOs, IDOs, IEOs, Collective Buying.

4. Projects that are not traded on major exchanges remain unnoticed. What do you think about listing the token on the leading exchanges?

CoinWealth: We plan to work with and list on multiple crypto exchanges. Listing on multiple exchanges is an inherent part of our business strategy !

We have no intention of remaining small or restricted to only one region.

We are doing AMAs in multiple countries for this reason alone.

We also await regulations to list our products even in mainstream investment sectors. The sector will scale fast from here.

5. In the future, when countries start accepting blockchain and cryptocurrencies, which direction will CoinWealth develop? What is the target that CoinWealth will aim for in 2021 and long term ?

CoinWealth: We eagerly await when many more countries will accept blockchain and cryptocurrencies in mainstream business! We will be ready for that stage as the acceptance will bring even more opportunities for us to scale up our own business of providing some of the best investment options to investors across the world.

I apologize for not being able to answer so many other questions during this AMA.

I look forward to interacting with you all on the CoinWealth Telegram group.

You can continue to post queries there and also win some giveaways as you invest in us through the Bitbns Platform !

We are amazed by the energy of the Cryptofury Group ! Thank you all !!

All details about CoinWealth could be found below

🛢 Website: https://coinwealth.capital/
🛢 Twitter: https://twitter.com/CoinWealth_
🛢 Telegram Chat: https://t.me/CoinWealthGroup