We’ve asked members of Bitcointalk forum what will they asked cryptocurrency/token developers to prove that their project is unique legit and worthy of investors and community supports.
Be sure to read all the answers theres gold hidden in this cryptocurrency project
What Is the name of your coin/token?
The name of our token is CoinPennant with a short-code CPT.
Do you have a social profile for your coin or groups if there are can you please send us all the links?
There is no premine for this token. ICO will be launched at the end of November 2017. The total token supply is 150 million. 2.5 million will be available for Bounty Program which will be distributed after ICO ends.
Please post the roadmap of your project.
– Concept development and marketing planning
– Research, regulatory compliance
– Minimal visible product
– Basic indicators are included (e.g. significant value changes)
– Basic chart pattern identification based on the data of one exchange platform
– Basic social network
– Additional enhanced chart pattern identification for market timing
– Portfolio overview
– Inclusion of several exchange platforms in order to provide more precise chart pattern results
– Subscription support integrated into the social network
– Expanded social network functionality
– Copy trade functionality
– Providing an API for B2B integration and automatic communication with 3rd parties
– Trending assets
– Supported comparisons between investors for easier investment decisions
– Mobile app implementation with the support for social platform
– What is algorithm behind the coin? Standard hash solving mechanism, or like in Primecoin case mining involves finding Cunningham chains or something else? Is coin POS/POW or mixed?
What is algorithm behind the coin? Standard hash solving mechanism, or like in Primecoin case mining involves finding Cunningham chains or something else? Is coin POS/POW or mixed?
CPT is a smart contract on the Ethereum blockchain. (POS)
What is the purpose of the coin? (It is only used as currency or there is some deeper system behind it?)
The CoinPennant platform will introduce a social network where traders and analysts will be able to collaborate more efficiently. Based on subscriptions, analysts will be able to provide traders with information on trading opportunities. Additionally, CoinPennant will automatically perform and evaluate chart patterns and trigger signals to the subscribers.
Our goals are:
Technical analysis – Perform technical analysis of several cryptocurrencies to provide predictions about their future values.
Social Network – The social network will allow traders and investors to collaborate to identify the best investment.
Copy trading – Users will be able to subscribe to notifications for these predictions and to obtain information on investment opportunities.
Marketplace – A subscription-based business model will allow users to get the latest information about the selected cryptocurrency from experienced analysts and technical analysis results.
Subscriptions – Introduction of a new cryptocurrency to handle the subscriptions.
The token will be used as a currency for subscriptions on the CoinPennant platform.
Does dev or the team have any experience that makes them likely to succeed?
The initial team consists of several IT specialists who have year-long experience in developing efficient financial, bank system and telecommunication software solutions, including the regulation if we do see regulations imposed.
Can you follow through in your projects?
Our developers and team in general have extensive experience in product and project management and are committed to making CoinPennant a brand name over the next years as cryptocurrency becomes the more mainstream.
Do you have a bounty campaign, if yes please share the links
What percentage of coins in circulation will the main developer
Less then 10% of coins are reserved for the team, as presented in our Whitepaper. We will keep these tokens to guarantee a long-term development and they will be locked.
How were the software clients generated (did they use the main Bitcoin client or something else to make their sopftware)?
The top backend platform leverages the Ethereum blockchain and its smart contracts which provide a comprehensive development environment and a large community. We will be also using the .net technology stack.
Is the coin deflationary with hard cap of coins or not?
There is a hard cap of 40.000 ETH.
Was it heavily premined, how many coins are in the hands of devs?
55% of raised tokens will be used for operations of the CoinPennant platform for the next 1.5 years. This includes development, administration, marketing, financial and legal consultancy, etc.
If you ever had the chance to talk with Satoshis what would you ask?
Let’s go and change the world. Are you with me?
Even Vitalik Buterin with Ethereum can’t beat Bitcoin. How you gonna do it.
By establishing a platform where smart investments in any cryptocurrency can be predicted.
Do you think your coin can make it at the top 20 of Coinmarketcap
Yes, we are confident it can. When everything is implemented, we can be at top 20. But let’s go step by step.
Virustotal Anti-Virus Scan of your wallet please post the link result
We do not have a built wallet yet. We will be using the Ethereum blockchain.
Message to investors and supporters
We believe that CoinPennant can be the perfect platform for any trader or analyst. Technical analysis, chart patterns and copy trading are the best tools to identify the ideal investment
opportunities. The methods that are already in use in the financial stock markets successfully will be applied for cryptocurrency market. If you believe in our goals as much as
we do, please support us at the ICO. If you want to support our project in any other way, we will be available at email@example.com or on www.coinpennant.com.